The Singaporean crypto exchange Bybit’s affiliate Spark Fintech Limited, has abandoned its pursuit of an operating license in Hong Kong. The affiliate withdrew its virtual asset trading platform application on May 31, exactly four months after submitting it. The decision followed the Hong Kong regulator’s classification of Bybit as an unlicensed entity, accompanied by threats […]
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A Step-by-Step Guide to Launching a Thriving Affiliate Marketing Business With XERA Pro
The world of blockchain technology is rapidly evolving, and XERA Pro aims to be at the forefront of this revolution. By empowering individuals through education, opportunities, and a collaborative community, XERA Pro is making blockchain accessible to everyone. But what if you want to do more than just participate? What if you want to become […]
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Report: Binance Controlled Bank Accounts Belonging to Its US Affiliate Between 2019 and 2020
Between 2019 and 2020, crypto exchange Binance controlled bank accounts belonging to its U.S. affiliate including one holding funds of American clients, a new Reuters report has said. According to the report, employees of the crypto exchange’s U.S. affiliate had to get Binance executive Guangying Chen to sign off on payments including payroll.
Binance U.S. Denies Latest Claims
According to a report, Guangying Chen, a senior executive with , was in control of five bank accounts belonging to the crypto exchange’s supposedly independent affiliate Binance U.S. In addition, the report said Chen, who is believed to be one of Binance CEO Changpeng Zhao’s (CZ) close associates, also operated an account holding American customers’ funds.
The report, which cites bank records, said the new revelation of what Chen and her deputies did between 2019 and 2020 undercuts claims that the U.S. affiliate operated independently. To further back the assertion that Binance had at one point near total control of its independent affiliate, the report cites company messages which suggest that employees at Binance U.S. sought Chen’s approval before processing payments to cover things like the firm’s payroll.
In response to the latest claims, Binance U.S. spokesperson Christian Hertenstein insisted that the affiliate has been in complete control of its affairs since the appointment of current CEO Brian Shroder in late 2021. In April, Krishna Juvvadi, Binance U.S. head of legal, similarly rejected claims its parent company had at one point controlled its bank accounts.
However, according to the report, Hertenstein failed to clarify the discrepancy between the time period that he referred to and the one highlighted by Juvvadi.
U.S. Regulators up the Ante Against Binance
The latest claims against Binance and its U.S. affiliate appeared to have coincided with the U.S. Securities and Exchange Commission (SEC) taking legal action against the exchange. According to a Bitcoin.com News report, Binance is facing 13 distinct charges which include the co-mingling of user funds and enabling “high-value U.S. customers” to use its global platform.
The SEC charges also came just over two months after the crypto exchange was sued by the U.S. Commodity Futures Trading Commission (CFTC) for allegedly violating several trading and derivatives rules. As reported by Bitcoin.com News in late March, the U.S. regulator said Binance and CZ had committed the infractions since 2019.
Meanwhile, the Reuters report said communications between executives at Binance U.S. and Chen suggested that the former were worried about how American regulators would view the control structure which remained in place until early 2021. In one instance, an unnamed Binance U.S. executive is said to have told one of Chen’s deputies to consider giving BAM Trading — an entity controlled by CZ — separate control.
“I think it makes sense BAM has its own login for the regulatory perspective,” the unnamed executive reportedly said.
What are your thoughts on this story? Let us know what you think in the comments section below.
Mars4 Metaverse Launches A Rewarding Affiliate Program
Crypto enthusiasts all over the world are looking for ways to increase their earnings. One of the best ways to monetize your passion for the crypto world is to promote blockchain projects via affiliate programs.
The play-to-earn NFT game Mars4 is introducing an affiliate program to anyone interested in promoting Mars4 to earn a generous commission starting from per sale. With full support from the Mars4 team, earning has never been this easy!
What is affiliate marketing?
Affiliate marketing is a marketing strategy where 3rd party affiliates promote products or services to their community and earn commissions based on their performance. The type of performance required varies but the most common is the sales-based approach where affiliates generate income based on their sales. Mars4 affiliates also generate commissions from sales. They receive a unique link that has to be used to promote Mars4. This link tracks the performance of the affiliate, so you will be able to check your performance and stats from the Mars4 affiliate page.
The affiliate does not need to purchase anything from the company as they are not reselling the product or service, they are merely promoting it. That is why it is free to start your journey as a Mars4 affiliate.
It is a great way to monetize your online activity, such as your blog, YouTube channel, Twitter, or any other similar platform you use for reaching out to people. Anyone can become a Mars4 affiliate as long as they show interest in promoting Mars4 products.
What is Mars4?
Mars4 is a virtual world created using blockchain technology. It is divided into three interconnected parts: MARS4 dollar (cryptocurrency), Mars land plot NFTs and the upcoming metaverse game.
All these elements come together to create a unique experience of a play-to-earn survival game that takes place on the Red Planet.
As an affiliate, you will be encouraging NFT sales. NFTs are land plots on virtual Mars created from NASA data. You can view Mars in 3D now: it has never been so easy! In the upcoming game, players will be able to explore their Mars NFT lands, gather various resources, trade them and earn money from the game. In other words, Mars land plot NFTs are interactive and will serve as real estate in the future game. Soon in-game NFT assets will be available for purchase as well, such as tools and cosmetic items. They will also count as NFT sales for affiliates.
Mars4 is unique because the team is always looking to create ways investors and players can earn both actively and passively. For example, an Epoch system was introduced to give back to early investors. All sales are split into Epochs. After an Epoch ends, the 51% of revenue generated from sales is distributed to NFT holders from the previous Epochs. That way investors can earn passively just by owning an NFT.
Why join the Mars4 affiliate program?
With commissions starting from per sale, Mars4 offers its affiliates the possibility to earn high payouts. There is no limit to affiliate earnings as the payouts are not capped. Mars4 also incorporates a tiered commission structure, meaning the payout for one sale will increase after reaching a certain amount of sales.
Being a Mars4 affiliate gives you flexibility as the project offers different payment opportunities from USD to crypto. You will also be able to receive monthly payouts.
As a Mars4 affiliate, you will be promoting the project in any shape or form you choose, whether it is an in-depth video review about the project or a short but catchy message on social media. Work as much as you want and generate an income passively from your content about Mars4.
To help you out, the Mars4 team offers full support in your journey. You will have a dedicated account manager and receive access to various Mars4 content, such as banners. The Mars4 affiliate program gives a great opportunity to grow together and earn passive income.
For more information or to enroll in the program, visit the Mars4 affiliate page.
Conclusion
If you are looking for ways to increase your earnings, join the Mars4 affiliate program. You will collect a rewarding commission starting from per sale, receive full support during your journey and will be able to receive monthly payouts. Since the payouts are uncapped, the sky’s the limit to your earnings!
AGM Group Affiliate HighSharp Named In Patent Infringement Lawsuit By Canaan
Beijing, China, November 12, 2021 – AGM Group is aware of a lawsuit filed by Canaan on November 3, 2021, which names its affiliate HighSharp and Sichuan Yibimei Technology Co. for patent infringement. Canaan has requested both companies halt their infringing practice and compensate for economic losses and expenses to the tune of RMB 90 million.
The patent in question was filed by Canaan Technology and registered by the China National Intellectual Property Administration and remains legally valid to this day.
In the appeal, Canaan alleged that cryptocurrency mining machines designed and manufactured by HighSharp and distributed by Yimbimei had involved patented processes held by the company. HighSharp is said to have applied existing and legally protected patent without obtaining permission from Canaan, thereby infringing on its patent rights.
HighSharp is yet to make a public response to these allegations brought forth by Canaan.
AGM Group And HighSharp
AGM Group entered into a strategic partnership in 2021 to bring the latest generation chips and production services to the mining industry. In September this year, the two companies announced a six-month strategic cooperation agreement, the terms of which include that Highsharp will license AGM for priority use of its latest generation of chips and production services; while AGM commits to developing relevant business customers and complete orders of at least US0 million within the cooperation period; after reaching the sales goal, the two sides will build a joint venture to development exclusive chip for AGM.
About AGM Group
AGM Group Holdings Inc., is a financial integration company focused on high-performance chip solutions. Headquartered in Beijing, China, the company provides chip design, chip research, and development, and produces crypto mining hardware. AGM Group Holdings Inc. which trades on the NASDAQ with the ticker AGMH also provides fintech software services. AGMH aims to be a major player and contributor to the global blockchain ecosystem.
About HighSharp
Found in 2016, HighSharp operates businesses including R&D of servers and computers, machine assembly and sales, as well as the technology development and sales of electronic components, integrated circuits, and instrumentation accessories. Angaomeng Holding (AGMH.US) is an integrated technology company that focuses on high-performance ASIC chip solutions, including chip design, chip development, and cryptocurrency miner production.
ADA Finance Builds The First DeFi Ecosystem On Cardano With Affiliate Incentives
The decentralized finance (DeFi) community has long awaited the arrival of heavy duty DeFi protocols on Cardano. With the Alonzo hard fork, Cardano is making progress to release smart contract deployment on its blockchain, and the stage has been set for revolutionary new financial services to build on the network.
Over its short history, DeFi has expanded into a behemoth community with a total value locked (TVL) that stands at around 5 billion today. However impressive these numbers may seem, the total AUM of traditional finance (TradFi) still looms large over DeFi, and for many this represents an exponential room for DeFi’s growth.
DeFi represents a people powered financial community that is built for the community to benefit the community. In the spirit of building a greater DeFi community, ADA Finance has introduced an affiliate rewards program that incentivizes users to refer their friends and family to the protocol and earn an increased share of passive income for helping build its user base.
ADA Finance Builds Momentum on Awards Nomination
ADA Finance was recently nominated “Best DeFi Project of the Year” by the AIBC Summit, potentially the largest blockchain summit in Europe. The prestigious nod places ADA Finance in the running with five other projects noted for their outstanding work towards making DeFi the next big disruption in industry, and awards will be decided on November 16th.
The AIBC Summit has opened voting for their awards, and other nominees include the artist whose NFT sale was heard round the world, Beeple. In March of this year, Beeple broke records by selling a work of NFT art through the auction house Christie’s for million.
Since the beginning of this year, DeFi and NFTs have been on a course to make history as the explosion of new users into each sector has been tremendous. ADA Finance’s referral program creates an innovative and lucrative way for its users to further this growth and introduce more people to the DeFi community and the services ADA Finance has to offer.
How ADA Finance Makes DeFi Easy for Everyone
The DeFi world is an evolution within the blockchain and cryptocurrency industry as it brings a whole new opportunity for earning multiple passive income streams. The incentives, rewards, and blockchain-enabled security DeFi provides its community are tipping the balance in DeFi’s favor as the traditional finance industryi struggles to offer percentage yields on savings accounts that edge into whole numbers.
The numbers don’t lie: DeFi is shaping up to be the ultimate in financial services. DeFi as a whole has bloomed into a vast array of services within its ecosystem, and ADA Finance is making DeFi easier for everyone by developing multiple services that can be accessed in one place.
ADA Finance delivers DeFi services that have become commonplace for the community to find across multiple protocols, spreading wallets thin across networks and reducing the ability for these services to easily work together.
By offering services for borrowing and lending, yield farming, staking, swapping tokens, and even margin trading on one protocol, ADA Finance lets users take advantage of opportunities for growing wealth that arise when these services can be used in tandem.
Additionally, users can yield even greater gains by participating in all of these services in one place, because ADA Finance’s address milestones rewards users who are active within the protocol, something that’s impossible to do when users are forced to interact with different smart contracts on different protocols.
ADA Finance Builds the DeFi Community From the Ground Up
The ease of finding everything one needs to participate in DeFi is a huge draw for many users, and providing a referral rewards program and incentives to use all of ADA Finances services sets the protocol apart from the competition. However, making DeFi better for those already involved is only half the battle.
In a bid to draw even more users to DeFi and help the community grow, ADA Finance has begun an airdrop rewards campaign to further increase the number of users who can leverage $ADAFI tokens to better their financial situation.
The airdrop will reward 100 lucky users with a prize pool of ,000 worth of $ADAFI, and all entrants need to do is perform several tasks in order to register. As the ADA Finance community continues to grow, DeFi will benefit in the long run.
LuckyBit’s New Affiliate Programme Is a Great Passive Income Opportunity
In the world of crypto, there is a lot of hype and disillusion – vanishingly small exchange commissions and iGaming referral schemes with a total lack of transparency. LuckyBit is different. Since 2013, their platform has been community-based and built on trust and transparency. LuckyBit is now bringing those same values to its affiliate programme.
In unprecedented market conditions following the pandemic, people the world over are looking for opportunities to build legitimate, and profitable passive earning streams. For any bitcoin enthusiasts with a strong network or advertising presence, LuckyBit’s August 2020 announcement is a great opportunity. LuckyBit’s affiliate system will see up to 50% of gaming revenue paid in commission to users, and with the iGaming market expected to reach a value of bn this year, the opportunity to develop a genuinely life-changing passive income stream has never been greater.
LuckBit is a unique entity. Nowadays, there are a plethora of online casinos that accept bitcoin. But LuckyBit has always been bitcoin-focused. Founded in 2013, LuckyBit started as a community-focused on-chain project and has kept its community-focused vibe and values while growing into a fully-fledged casino. All LuckyBit’s games are in-house developed and unique, and LuckyBit’s emphasis is always on 100% transparency and fairness.
Earn Passive Income Today
True to LuckyBit’s Provably Fair business model, LuckyBit’s affiliate programme offers a transparent, fair, and competitively tiered revenue share model with the added advantage of No Negative Carry Over (NNCO). The affiliate programme considers all of your players’ bets, minus their winnings, bonuses and fees. This is a way to calculate your players Net Gaming Revenue, which is the key to learn how much you are earning.
Here’s a closer look at the affiliate program:
- Tier 1 ( 0-1 BTC Revenue) – 25% Share
- Tier 2 (1-3BTC Revenue) – 30% Share
- Tier 3 (3-10BTC Revenue) – 35% Share
- Tier 4 (10BTC – 25BTC Revenue) – 40% Share
- Tier 5 (25+ BTC) – 50% Share
What’s more, when starting as a new affiliate with LuckyBit, you are guaranteed to get a minimum of 35% revenue share for the first 3 months! Win-win!
No Negative Carryover (NNCO)
NCCO means, very simply, that negative results do not burden your chances for next month! Let’s say your players win 2BTC (Net Gaming Revenue is negative -2BTC), there will be no affiliate payout. However, when it comes to next month, your balance will reset to 0.
As Easy as 1-2-3!
And the best thing about the affiliate program? Accessing your passive income is as easy as 1-2-3. All you have to do is:
- Sign-up on the main affiliate page https://affiliate.luckyb.it/
- Pick-up your referral link
- Distribute the link to your affiliate players
Once your players sign-up with the affiliate link, they can deposit and start playing immediately. And you start earning real bitcoins.
Better Rewards for Signing Up than Ever
To make your affiliate sign-ups as easy as possible, LuckyBit is now offering some serious promotions and events to new players:
- 10$ Welcome Bonus (No Deposit)
- 100% Deposit Bonus up to 0
- 1BTC Jackpot Race
LuckyBit’s affiliate programme creates an amazing chance for you to create a passive income of real bitcoins. Are you a believer in the future of bitcoin? Then maybe you should start accumulating the bitcoins as soon as possible. This is probably the most fun and the easiest way you can imagine – set it up and watch the bitcoins trickle in!
To join the affiliate program, visit this link, or to sign up as a player, visit this link
LuckyBit’s New Affiliate Programme Is a Great Passive Income Opportunity
In the world of crypto, there is a lot of hype and disillusion – vanishingly small exchange commissions and iGaming referral schemes with a total lack of transparency. LuckyBit is different. Since 2013, their platform has been community-based and built on trust and transparency. LuckyBit is now bringing those same values to its affiliate programme.
In unprecedented market conditions following the pandemic, people the world over are looking for opportunities to build legitimate, and profitable passive earning streams. For any bitcoin enthusiasts with a strong network or advertising presence, LuckyBit’s August 2020 announcement is a great opportunity. LuckyBit’s affiliate system will see up to 50% of gaming revenue paid in commission to users, and with the iGaming market expected to reach a value of bn this year, the opportunity to develop a genuinely life-changing passive income stream has never been greater.
LuckBit is a unique entity. Nowadays, there are a plethora of online casinos that accept bitcoin. But LuckyBit has always been bitcoin-focused. Founded in 2013, LuckyBit started as a community-focused on-chain project and has kept its community-focused vibe and values while growing into a fully-fledged casino. All LuckyBit’s games are in-house developed and unique, and LuckyBit’s emphasis is always on 100% transparency and fairness.
Earn Passive Income Today
True to LuckyBit’s Provably Fair business model, LuckyBit’s affiliate programme offers a transparent, fair, and competitively tiered revenue share model with the added advantage of No Negative Carry Over (NNCO). The affiliate programme considers all of your players’ bets, minus their winnings, bonuses and fees. This is a way to calculate your players Net Gaming Revenue, which is the key to learn how much you are earning.
Here’s a closer look at the affiliate program:
- Tier 1 ( 0-1 BTC Revenue) – 25% Share
- Tier 2 (1-3BTC Revenue) – 30% Share
- Tier 3 (3-10BTC Revenue) – 35% Share
- Tier 4 (10BTC – 25BTC Revenue) – 40% Share
- Tier 5 (25+ BTC) – 50% Share
What’s more, when starting as a new affiliate with LuckyBit, you are guaranteed to get a minimum of 35% revenue share for the first 3 months! Win-win!
No Negative Carryover (NNCO)
NCCO means, very simply, that negative results do not burden your chances for next month! Let’s say your players win 2BTC (Net Gaming Revenue is negative -2BTC), there will be no affiliate payout. However, when it comes to next month, your balance will reset to 0.
As Easy as 1-2-3!
And the best thing about the affiliate program? Accessing your passive income is as easy as 1-2-3. All you have to do is:
- Sign-up on the main affiliate page https://affiliate.luckyb.it/
- Pick-up your referral link
- Distribute the link to your affiliate players
Once your players sign-up with the affiliate link, they can deposit and start playing immediately. And you start earning real bitcoins.
Better Rewards for Signing Up than Ever
To make your affiliate sign-ups as easy as possible, LuckyBit is now offering some serious promotions and events to new players:
- 10$ Welcome Bonus (No Deposit)
- 100% Deposit Bonus up to 0
- 1BTC Jackpot Race
LuckyBit’s affiliate programme creates an amazing chance for you to create a passive income of real bitcoins. Are you a believer in the future of bitcoin? Then maybe you should start accumulating the bitcoins as soon as possible. This is probably the most fun and the easiest way you can imagine – set it up and watch the bitcoins trickle in!
To join the affiliate program, visit this link, or to sign up as a player, visit this link
Kakao Affiliate Dunamu Launches Blockchain Service Platform
n Kakaos fintech arm Dunamu is rolling out a blockchain platform designed to help companies start businesses using blockchainn
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