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mariacallous · 4 months ago
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WASHINGTON — Donald Trump is embarking on what could be the biggest giveaway to some of the country’s richest since the nation’s “robber baron” days by having the federal government acquire and hold cryptocurrencies, which critics, including many economists, describe as a “greater fool” scam.
Trump announced the creation of a “crypto strategic reserve” Sunday while playing golf at one of his courses in Florida. “A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA. I will make sure the U.S. is the Crypto Capital of the World,” he wrote on social media.
About two hours later, still at his golf course in West Palm Beach, Trump added two other “tokens” in a second post: “And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be the heart of the Reserve. I also love Bitcoin and Ethereum!”
The declarations sent the price of the named cryptocurrencies soaring —resulting in an increase of hundreds of billions of dollars in total value for Bitcoin alone.
Trump White House officials would not say how much Trump intended to place in this strategic reserve and where that money would come from. White House spokesperson Victoria LaCivita pointed to a Sunday social media post from Trump’s “crypto czar” David Sacks, who promised more details at the coming White House “crypto summit” on Friday.
Sacks is a multibillionaire venture capitalist and cryptocurrency proponent. He has said he has divested all his crypto holdings to take the White House role, but his company still reportedly has stakes in all five of the tokens Trump named.
If the crypto reserve’s funding comes from taxpayers and is in the billions range — anything less than that would be a rounding error, given the size of the U.S. economy ― it would mean a massive boost to existing owners of the virtual money, economists said.
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thaitotheworldpanyahiscome · 6 months ago
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Thailand Gift Guide: How Different Generations Approach Consumerism
From Lottery to Crypto, a New CMMU Study Explores Thai Consumers' Risk-Taking Behavior "Decoding Risk-Takers' Mindset: Marketing to Risk Lovers" presents rich data for marketers re-evaluating their strategies in a new consumer climate.
The Three Pillars of Thai Risk Taking
Thai consumers are classified into three risk-taking types according to the finding of this study:
1. Chance-based risks (lottery, lucky draws)
2. Investment risks (stocks, gold, funds, cryptocurrency)
3. Experience-based risks (mystery boxes, Chef's Table dining)
Lottery: a permanent national pastime
Thailand’s most popular form of risk taking is “lottery,” with an overwhelming 85.3% participation rate across genders, ages and incomes. Purchasing habits illustrate the generational divide:
-Gen X and Boomers tend to purchase 2-4 tickets each time they draw
-Gen Y and Gen Z generally remain on 1 ticket per draw
That difference reflects a shift toward risk-taking being defined by investment rather than chance, with younger generations seeking potential returns based on skill rather than luck.
Digital Assets: The Next Frontier
Cryptocurrency's adoption rate is 32.9%, and most investors choose to use personal savings and keep the transactions from 5,000 to 20,000 baht. Here’s the breakdown of the investment:
-Bitcoin dominates at 53%
-Ethereum follows at 25.3%
-Dogecoin at 4.5%
Gen Z members are especially intrigued by crypto investments and dream of getting rich quickly. Even though 88.8%point out high volatility, they go with a "high risk, high return" philosophy.
Mayhem and Mystery Boxes: A Youth Movement
Purchases of mystery boxes suggest distinct generational tastes:
-Gen Z leads 49%Participated, willing to invest up to 1,000 baht.
-Then comes Gen Y, willing to spend as much as 2,500 baht
Top mystery box categories:
-Snacks (26.8%)
-Cosmetics (25.3%)
-Clothing (23%)
Chef's Table: The Luxury Risk
With 28.4% participation, Chef’s Table dining is a small but meaningful risk domain. Generational Price Tolerance:
-Avg. expenditure: 2,000-4,000 baht
-Generation Y is ready to shell out 6,000 baht for luxury experiences
Cuisine preferences:
Japanese food dominates at 55.8% (Omakase especially)
At 24.2%: Western cuisine
The Lucky Draw Marketing Model
The research affirms that lucky draw promotions still work, with 75.3% of participants hoping for big prizes. Preferred rewards include:
-Cash prizes
-Gold
-Technology products
-Travel packages
-Concert tickets
Understanding of risk preferences at generation level enables marketers to position their strategies better, whether it is traditional lottery players or next generation of crypto enthusiast.
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What is Web3?
Imagine the internet as a giant library. Right now, this library has many rooms (websites and apps), but each room is controlled by a different person or group (like big companies such as Google, Facebook, or Amazon). When you visit these rooms, you have to follow their rules, and they get to decide what you can and can't do. They also keep all the information about what you do in their rooms.
Web3 is like turning this library into a place where no single person or company controls the rooms. Instead, everyone who visits the library has a say in how it works. It’s a new way of using the internet where you have more control over what you do and your information.
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Here’s how it works in simple terms:
How Web3 Works
Decentralization: Instead of big companies owning and controlling the websites and apps, everything is run by many people (or computers) all over the world. It’s like having a library where everyone has a key and can help decide how it operates.
Blockchain: Web3 uses the same technology as blockchain. Imagine each room in the library has a special notebook (blockchain) where all the rules and activities are written down, and everyone has a copy. This makes it fair and transparent because no one can secretly change the rules or hide what they do.
Cryptocurrency: Instead of using regular money, Web3 often uses digital money like Bitcoin or Ethereum. It’s like using tokens or points in a game that you can spend or trade with others.
Smart Contracts: These are like digital agreements that automatically happen when certain conditions are met. Imagine a vending machine that gives you a snack if you put in the right amount of money. In Web3, you can make agreements that happen automatically, like selling something when the price is right.
Ownership: In Web3, you can truly own digital things. For example, if you buy a digital pet in a game, it’s really yours, and you can sell it or take it to another game. It’s like owning a toy in real life that you can play with anywhere.
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morelorethenthereseem · 1 year ago
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“On the secrets of Liches and the secrets not even Liches know.” by Rinthaleeos dio kunok, the well-minded revenant.
"as a preface to this I would like to say that both the body and the soul have distinct consciousness, and the Soul is always who is the lich, now let's begin; Becoming a lich means binding your soul to something (this "thing" whatever it may be, is called a phylactery) while still having your soul be connected to your body, the process of becoming a lich involves temporary killing your physical body and then irreversibly destroying higher brain function in the body allowing for the soul to control the body.
The soul will then restore the body usually from under death, but sometimes injury depending on how becoming a lich was achieved.
Keeping the soul inside of something without any void requires unlocking it and the body's flow of connections, This is how god command is achieved.
However, stepping away from the purely factual angle of which these words are being presented well still keeping it informative: I would highly advise against *completely* unlocking the bodies flow and chain of connections, in a vacuum this is not a bad thing, but it WILL amount to everything that exists knowing your precise location at the same time, if you cannot imagine the consequences of such a thing then perhaps the world of Lichdom is best not for you.
A Lich becomes a revenant when the soul is destroyed or it's connection to the body is severed combined with sufficient will from the body to rise, This is more common in the case of a destroyed soul because of the fading of the soul giving the revenant more power to rise (this is because power comes from something not existing.)
And a Nokruthala comes about when either a lich or a revenant's mind spend too much time in Ethereum (the realm of dreams and spirits,) this does not happen if the mind and either the body or the soul also enter a Ethereum.
Well, if you're reading this, I hope it was illuminating.” - Rinthaleeos dio kunok.
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lieselotte-sky · 2 years ago
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Common sense. Ok. What gives the money its value? In fact, money has zero value until you spend them. You are working to earn "nothing", then you spend that "nothing" — you exchange that "nothing" for something real, which, in fact, gives that "nothing" the value equal to that real thing. So you never know the value of money unless you spend them, right? But you know what you can get for e.g. $10, so it looks like that dollars have some value, but no, you know that only due the fact, that this whole thing is relatively stable in short term point of view. But look at it in a little bit longer period of time, what you got for $10 abt. 50 years ago and what can you get for the same amount of money today? Yes, it's unstable, in this point of view, you never know how much you can get for some amount of money, right?
Bringing us back to that "common sense". Saying BTC is worthless, Ethereum is worthless etc is perfectly correct, because all (both real and crypto) money are worthless from its definition. The thing is, that despite the fact money are worthless, you can exchange them for some goods or services, right? As long as this is possible, that money carries some virtual value, which is heavily dependent on how much of that money is offered for something real on the one side, and how many goods and services are offered to be exchanged for that money.
And there is the thing. If someone takes a huge amount of money trying to purchase a lot of things, in fact more things than are offered, then the virtual value of that money goes steeply down. And you may ask. Who owns such a huge amount of money. Look at the history of BTC. There is someone in the begining, there are some people, that owns a lot of BTC, because past then it was easy to mine them and they were virtually worthless, so not any huge interest. This is why there is a huge amount of BTCs owned by only a few persons. And nobody know who they are. The longer you wait, the bigger the real value would be, but on the other side the first one takes the most. And coffin has no pockets, which brings me back to that "common sense".
Is this that impossible to happen? And, all that crypto and NFT stuff is heavily tight to BTC, so if something like this happen, it is the end. Is it a real common sense, or you are just too scared to believe that this is possible?
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viyonews · 2 days ago
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Easily Launch Your Cryptocurrency with Erc20 Maker
Creating your own cryptocurrency has never been easier. Thanks to the evolution of blockchain technology and platforms like Erc20 Maker, individuals and businesses can now develop their own digital tokens in a matter of minutes. Whether you're looking to launch a token for your project, community, or startup, using tools designed to simplify the process is the key to a smooth and cost-effective experience. In this article, we will explore how platforms like Erc20 Maker revolutionize the process to create erc20 token, the basics of ERC-20 tokens, and why more users are turning to simplified token creation platforms to bring their vision to life.
The Ethereum blockchain has emerged as the leading network for decentralized applications and tokenized assets. One of its most powerful features is the ERC-20 standard, which allows developers to create tokens that follow a set of rules. These rules include how tokens are transferred, how transactions are approved, and how total supplies are managed. For anyone unfamiliar with programming or blockchain development, understanding these rules and writing smart contracts can seem overwhelming. That's where platforms like Erc20 Maker come into play, making it possible for anyone to create erc20 token without needing to write a single line of code.
The term erc20 token create might seem technical at first, but it simply refers to the act of launching a digital token that adheres to the ERC-20 standard. Traditionally, this required hiring a developer or learning Solidity, the programming language used for Ethereum smart contracts. However, Erc20 Maker eliminates that barrier completely. For a fixed fee of just 0.01 ETH, users can generate their own professional-grade token with customizable parameters like name, symbol, supply, and decimal points. The process usually takes no more than five minutes and can be completed by anyone, regardless of their technical background. That’s what makes platforms that offer erc20 token create services so powerful for mass adoption.
Another advantage of using a platform like Erc20 Maker is that it reduces the cost of development. Hiring a blockchain developer to create an ERC-20 token could cost hundreds, if not thousands, of dollars. In contrast, Erc20 Maker only charges 0.01 ETH, a fraction of what you’d otherwise spend. This makes the token creation process not only simple but also affordable. For startups and independent creators, this is a game-changer. Instead of worrying about development costs and technical challenges, they can focus on promoting and growing their project.
Customization is another strong point. When using the erc20 token creator tool, users can tailor their token according to their specific needs. Whether it’s adjusting the total supply, deciding if the token should be burnable or mintable, or configuring access rights, Erc20 Maker provides all the options required to make your token functional and flexible. These features are especially useful for launching ICOs, community rewards, governance tokens, or digital assets tied to real-world value.
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waywardsaladgiver · 2 days ago
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Launch Your Crypto Project with Ease Using ERC-20 Tokens
In recent years, the world of cryptocurrencies has expanded beyond just Bitcoin and Ethereum. One of the key drivers of this evolution has been the rise of token standards, particularly ERC-20. This standard, developed for the Ethereum blockchain, allows for the creation of fungible tokens that can easily be transferred and integrated into various platforms and applications. Today, with platforms like Erc20 Maker, anyone can create ERC20 token without any prior coding knowledge, making cryptocurrency more accessible than ever.
ERC-20 tokens have become the backbone of many decentralized applications and crypto projects. These tokens follow a set of rules that make them interoperable with most wallets, exchanges, and smart contracts. The standard defines how tokens can be transferred, how balances can be read, and how users can approve third parties to spend tokens on their behalf. For someone looking to launch a project, understanding and utilizing ERC-20 tokens can provide a solid foundation.
In the past, launching a token required deep technical expertise, smart contract coding, and familiarity with Ethereum’s infrastructure. This posed a significant barrier to entry for entrepreneurs, startups, or communities who simply wanted to build a project or raise funds. However, platforms like Erc20 Maker have changed the game by offering a streamlined and affordable solution. For just 0.01 ETH, users can create ERC20 token on the Ethereum blockchain, without writing a single line of code.
What sets Erc20 Maker apart is not just its affordability but also its simplicity. The entire process typically takes between one to five minutes, depending on the congestion of the Ethereum network. After completing the transaction, your token is instantly deployed and fully functional. You can immediately add it to wallets such as MetaMask, use it for fundraising, integrate it into dApps, or list it on decentralized exchanges.
Customization is another standout feature of the platform. Erc20 Maker allows users to define all the critical parameters of their token: name, symbol, total supply, and decimal places. Furthermore, users can enhance their tokens with optional functionalities like burning (to reduce supply), minting (to increase supply), or pausing transfers. These features are particularly useful for projects that need flexible tokenomics or want to introduce deflationary mechanisms.
One of the most appealing aspects of using an erc20 token create platform like Erc20 Maker is how it democratizes access to blockchain technology. Whether you're launching a gaming token, building a loyalty program, creating a DAO, or simply experimenting with blockchain for educational purposes, you can do so quickly and securely. You don't need a team of developers, and you don’t need to spend thousands of dollars on custom contracts.
As more people look for ways to tokenize assets, from real estate and stocks to art and loyalty points, the demand for quick and reliable erc20 token creator platforms will only increase. The idea is simple: if you can conceptualize a use case for a digital token, Erc20 Maker can help you bring it to life.
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digitalmore · 5 days ago
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breakingnews360official · 10 days ago
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3 Ways Cryptocurrency May Transform Your Financial Management in the Next 10 Years
Cryptocurrency and blockchain technology are poised to significantly alter the landscape of personal finance in the upcoming decade. Whether or not individuals invest in popular cryptocurrencies like Bitcoin or Ethereum, the implications of these technologies will reshape how we save, spend, and manage money. Transforming Money Transfer Methods The most immediate and noticeable change will be in…
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mariacallous · 4 months ago
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Donald Trump provoked a riot of cryptocurrency trading and accusations of favoritism on Sunday after identifying several coins that may feature in a future US strategic crypto reserve. Alongside bitcoin, Trump said that XRP, solana, cardano, and ether will be considered for inclusion.
“A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA,” wrote Trump in a Truth Social post on Sunday.
“And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be the heart of the Reserve. I also love Bitcoin and Ethereum!” he added two hours later, perhaps to appease the tribes he had forgotten to toast.
An executive order signed by Trump in January had already specified that cryptocurrencies other than bitcoin would be included in the reserve, but the president had not previously identified which coins were under consideration. (The administration has not yet confirmed how large the reserve will be or where coins will come from.)
Seizing upon this morsel of new information, crypto traders piled into the coins singled out by Trump, leading to a sharp but temporary bump in price ranging from 9 to 65 percent. The coins have mostly since returned to roughly the same price as before the announcement.
In crypto circles, meanwhile, the question became: Why had Trump chosen these particular coins? The case for a bitcoin reserve is predicated on the already shaky assumption that the ever-rising price of bitcoin will offset losses in spending power caused by inflation. But what makes these other coins—many of which have very volatile pricing—“strategic”?
The White House press office did not respond immediately to a request for comment.
Some members of the crypto industry, especially bitcoiners, suspect that Trump’s decision-making was colored by the sums of money thrown by particular crypto businesses at the 2024 US election.
In the run-up to the election, crypto businesses funneled more than $150 million into super political action committees set up to support pro-crypto congressional candidates, many of them Republican. Among the most generous donors were cross-border payments company Ripple, whose services rely on XRP, venture capital firm a16z, which has previously invested in Solana, and software company Consensys, run by one of the Ethereum cofounders.
“In the end, I believe the government will come to understand that it makes no sense to include one company’s token over another in a strategic reserve. Only bitcoin has no company to oversee it and is above the bar to be evaluated as a strategic asset,” says Cory Klippsten, founder of bitcoin-only trading platform Swan Bitcoin. “If politicians absolutely must pay back the favors from the last election cycle to their crypto industry donors, perhaps they can add altcoins to a sovereign wealth fund.”
If the US government were to purchase large quantities of the coins to populate the reserve, the price of each is likely to rise. In that regard, their inclusion in the stockpile “looks very much like a government subsidy,” says Patrick Hillmann, former chief strategy officer at crypto exchange Binance. But the preferential treatment is warranted, he argues, in light of the hostile treatment of US crypto businesses by regulators under the Joe Biden administration.
“These [crypto projects] that represent the very core of the American Web3 industry have been held back by all of this litigation and regulatory action—and they’ve fallen behind,” says Hillmann. “The best thing you can do is send a signal to the global marketplace that the US government is embracing these [projects] … It’s the smart play if the administration wants to give the US crypto community a head start.”
Another justification for incorporating these particular cryptocurrencies into the reserve might have something to do with stablecoins, proposes Chris Perkins, managing partner at crypto VC firm CoinFund. Pegged to a dollar valuation by an underlying basket of assets, stablecoins are pitched as a cheaper and faster way to make dollar-denominated payments. Those payments take place on top of crypto networks like Ethereum and Solana, among others.
If stablecoins become as ubiquitous as crypto proponents predict, claims Perkins, it would make sense to hold in reserve the assets required to pay the transaction fees for stablecoin transfers, known in crypto jargon as gas fees. That might explain the proposed inclusion of Solana and Ether in the reserve, he says, if not necessarily the other coins.
“A strategic reserve of a precious commodity is for a specific purpose: To insulate the government or consumers from massive price swings. If you have a material amount of stablecoins on a particular chain, holding a strategic reserve of the gas token is similar to a strategic petroleum reserve,” argues Perkins. “If gas prices surge, it could put the brakes on the economy…Why wouldn’t you want to hold onto gas tokens that allow you to move stablecoins throughout the ecosystem?”
The simplest answer of all might be that Trump selected the coins just because they are American; with the exception of Ether, each was created by developers working out of the US. “We are MAKING AMERICA GREAT AGAIN!” wrote Trump, in his post about the reserve.
“I think that factored into the administration’s decision-making,” says one crypto industry source, who asked to remain anonymous in order to speak freely about the Trump administration.
But until the working group tasked by Trump in January with evaluating the prospect of a crypto reserve returns its findings, or the wheels begin to turn on the legislation that will likely be required to establish a formal reserve, any inquest remains premature.
“It’s hard to make an adjudication until there’s actually action,” says the source. “Nothing has happened. It’s largely been talk.”
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techit-rp · 11 days ago
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The Impact of Central Bank Digital Currencies (CBDCs) on Global Banking and Financial Inclusion
In recent years, Central Bank Digital Currencies (CBDCs) have surged from theoretical discussions to active pilot programs across the globe. Countries like India, China, Nigeria, and Sweden are at the forefront, exploring digital versions of their national currencies. This monumental shift is not only reshaping traditional banking systems but also redefining financial inclusion in a rapidly digitizing world.
What are CBDCs?
CBDCs are digital forms of a country's fiat currency, issued and regulated by the central bank. Unlike cryptocurrencies such as Bitcoin or Ethereum, CBDCs are centralized and backed by the government, ensuring stability and legal recognition. They aim to combine the convenience and security of digital assets with the regulated framework of traditional money.
Why Are CBDCs Trending?
The growing interest in CBDCs is fueled by several global trends:
Decline in cash usage in favor of digital payments
Rise of private cryptocurrencies posing challenges to monetary control
Need for financial inclusion, especially in rural or underserved populations
Cross-border payment inefficiencies that CBDCs can potentially solve
As a result, over 130 countries (representing over 98% of global GDP) are now exploring CBDCs, according to the Atlantic Council CBDC Tracker.
CBDCs and the Banking Ecosystem
The introduction of CBDCs poses both opportunities and challenges for traditional banks. Here's how:
✅ Opportunities:
Faster, cheaper transactions: CBDCs can eliminate intermediaries in money transfers, reducing transaction costs.
Enhanced transparency: With blockchain-inspired frameworks, CBDCs could enable real-time tracking of funds, reducing fraud.
Monetary policy control: Central banks can implement interest-bearing CBDCs to manage inflation or stimulate spending.
⚠️ Challenges:
Disintermediation risk: If people prefer holding CBDCs directly, commercial banks may face liquidity issues.
Tech infrastructure demands: Banks must upgrade systems to handle CBDC integration.
Regulatory uncertainty: Countries are still ironing out the legal frameworks and privacy concerns around CBDCs.
Understanding these dynamics is becoming crucial for anyone entering the world of finance. That’s why a solid educational foundation, like an investment banking course in Pune, can help professionals navigate such transformative shifts with confidence.
CBDCs and Financial Inclusion
One of the most promising aspects of CBDCs is their potential to boost financial inclusion, especially in countries like India:
Reaching the unbanked: CBDCs can be accessed via mobile apps, even in remote areas where banks are absent.
Reduced transaction fees: Microtransactions can be processed affordably, supporting gig workers and small vendors.
Improved government disbursements: Welfare payments or subsidies can be sent directly to beneficiaries, minimizing corruption and delays.
India's digital rupee pilot, launched by the Reserve Bank of India (RBI), is already testing these benefits with wholesale and retail users. Read RBI’s press release.
The Future of CBDCs and Careers in Finance
As CBDCs evolve, they will impact:
Investment strategies
Cross-border M&A
Digital asset management
Corporate treasury operations
This makes it vital for finance professionals to stay updated. If you’re looking to build a strong foundation in finance and digital banking systems, an investment banking course in Pune could be a great place to start. Institutes like the Boston Institute of Analytics offer industry-aligned programs that cover emerging trends like CBDCs, blockchain finance, and fintech integration.
Final Thoughts
CBDCs represent a paradigm shift in global finance. While they are still in the early stages, their influence on banking, policy, and financial inclusion is undeniable. As central banks and governments continue experimenting and implementing CBDCs, the need for skilled professionals in digital finance and investment banking will rise dramatically.
Whether you're a student, professional, or fintech enthusiast, now is the time to upgrade your knowledge. Enrolling in an investment banking course in Pune could be your gateway to understanding and participating in this exciting transformation of the global financial system.
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gyanconsulting · 13 days ago
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Blockchain is reshaping industries, from food safety to finance.
🔸 Walmart tracks products in 2.2 seconds 🔸 Ethereum cut energy use by 99.9% 🔸 Global blockchain spending hit $19B 🔸 Projected to add $3.1T in business value by 2030
Learn how this decentralized tech is building a safer, smarter digital future.
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lisaward867 · 19 days ago
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Hiring Solidity Developers: Aligning Tech Talent with Vision
Technology is rapidly evolving in the blockchain and smart-contracts space, and companies need to stay on top of it all by creating decentralized applications (dApps) that offer security, scalability, and future-proofing. At the core of this innovation lies Solidity, the most popular programming language for writing contracts on Ethereum and other EVM-compatible blockchains.
As the demand for Web3 applications soars, businesses wishing to disrupt traditional industries must Hire Solidity developers who bring the necessary technical skills along with an understanding of the underlying decentralized ethos. Are you putting together a DeFi platform, NFT marketplace, or DAO? Then the right Solidity developer might be your answer to having an application secure and efficient and not one that wastes time, money, and people due to vulnerabilities.
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Understanding the Role of Solidity Developers
Solidity developers do far more than simply write code-they have to develop the fundamental logic that governs decentralized applications. From working on custom token contracts to governance protocols and cross-chain interactions, they define how the dApp really works in a trustless environment. They should be good at optimizing smart contracts for gas efficiency, block possible attack avenues like reentrancy, and making them compatible with the Ethereum Virtual Machine. In short, they are both engineers and risk managers. The best Solidity developers realize blockchain is immutable and develop with a security-first approach since smart contracts practically cannot be changed after deployment without considerable design.
What to Look for When Hiring
When assembling any blockchain team, hiring Solidity developers with a nice balance between technical depth and problem-solving agility is imperative. Some qualities to consider are:
In-depth understanding of the EVM: A developer should understand a lot of low-level ideas like storage layout, gas limits, and execution models.
Solid skills in Solidity and modern frameworks: The developer must have good working knowledge of the tools like Hard Hat, Truffle, Foundry, and OpenZeppelin library. 
Experience with audits and security best practices: A developer should always be concerned with secure coding because vulnerabilities in smart contracts could easily lead to major financial losses.
Knowledge of Token Standards: Standards like ERC-20, ERC-721, ERC-1155, and custom interfaces are among those that a developer should be familiar with for interoperability. 
Collaboration and Communication Skills: Since most blockchain teams work remotely, developers must have excellent communication skills to align with both the business and product teams.
Don't settle for someone who just ticks the technical boxes. Look for a developer who is willing to take initiative and asks the right questions—and is genuinely interested in the success of the project.
Aligning Tech Talent with Your Vision
Hiring developers who align with your vision is a strategic move, particularly in Web3 where mission-centered innovation is normal. A developer that is technically competent will write working code, yet only those who comprehend the product's purpose and end-user will actually help in making experiences worth living. If you can tell them how far in your roadmap you are, which market you are targeting, and what social or economic problem your dApp aims to solve, then during the hiring, you would find developers excited with your mission and able to provide inputs other than code - such as UI/UX design, tokenomics, and ecosystem development. This alignment shapes a high-performance culture where tech and vision are co-evolving, thereby reducing development cycle spends and realizing greater impacts sooner.
Key Benefits of Hiring Solidity Developers
Hiring dedicated Solidity developers has numerous benefits that directly affect how well your blockchain project fares:
Security-First Architecture: Experienced Solidity developers understand how to deal with vulnerabilities such as reentrancy, overflow/underflow, and front-running attacks. Such attention to detail ensures that your smart contracts are robust and immune to common exploits.
Faster Time-to-Market: Experienced developers, for example, in Hardhat or Truffle, can minimize the actual time spent developing and testing the product. Due to their knowledge, faster delivery of MVPs and subsequent iterative product releases can be achieved, giving your product the first-mover advantage.
Custom Smart Contract Solutions: Instead of relying on stock templates, experts develop contracts for your unique business logic so you have enhanced flexibility and innovation.
Scalability and Upgradeability: Developers who understand proxy patterns and modular design are the ones who can future-proof your contracts, enabling easy upgrades as the platform evolves.
Better Gas Optimization: Well-crafted Solidity code lowers the gas costs, thus further making your platform affordable and attractive for end-users. 
Compliance and Best Practices: Renowned Solidity developers will remain abreast of rising standards, including directives that impinge on regulatory compliance, thus working toward having your project stay within the bounds of legal and ethical considerations. Challenges in Hiring Solidity Developers
The demand for blockchain talent is skyrocketing, and the number of seasoned Solidity developers continues to remain relatively low. This talent gap leads to more competition and often a longer recruitment process. Many developers in the field tend to be largely self-taught or come from unorthodox avenues, making it nearly impossible to judge skills by standard criteria. Moreover, since blockchain technology is evolving so fast, anything considered a best practice a year ago might be obsolete today. Thus, the challenge for the company is to go beyond the assessment of technical skills alone to incorporate adaptability and a willingness to keep learning. Flexibility in where developers work, the chance to participate in open-source projects, and formalized career pathways would all certainly help in improving your chances at Solitary talent.
Conclusion
In blockchain development, success arises from or is equally dependent on people. As your company grows, the strength of your developer team may be the deciding factor in the credibility and adoption of your product. It's not about technical execution - it's about finding engineers who share your vision, feel passionate about your mission, and passionately work in non-stop innovation. To convert your dApp or blockchain platform into a reality, Hire an expert Solidity development team that is capable of developing secure, scalable solutions while remaining in line with your greater business objectives. Building software with the right team is a step towards a defi future.
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btcinfonews · 20 days ago
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Taiwan's BitoPro Crypto Exchange Suspected of $11.5M Heist
Taiwan's BitoPro Crypto Exchange Suspected of $11.5M Heist 💰🚨
Hold onto your keyboards, crypto enthusiasts! Taiwan is buzzing with rumors about the $11.5 million heist involving the notorious BitoPro exchange. After a charming little announcement regarding "system maintenance" (insert eye-roll here), BitoPro has practically vanished into thin air, leaving investors frantically checking their wallets. 🤑💸
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Taiwan's BitoPro Crypto Exchange Suspected of $11.5M Heist
The infamous blockchain detective 🕵️‍♂️, ZachXBT, has already traced fund movements linked to the heist, showcasing just how sneaky cybercriminals can be with our beloved $ETH and $TRX. Will BitoPro address their growing list of accusations, or continue hiding behind their maintenance curtain? 🤔
Titan Cheng, BitoPro's CEO: "Taiwan officially established a cryptocurrency industry with 24 firms, chaired by me. But wait, what about that missing $11.5M?"
With calls for enhanced security and transparency booming through the community, the trust in exchanges like BitoPro might just plummet. 😱 🚀 As the crypto drama unfolds, experts are already predicting stricter regulations and a surge in cybersecurity spending—because who doesn’t want their assets feeling safe? 🛡️
For the full scoop, check out the article here! And remember, the only thing more volatile than crypto prices is the integrity of some exchanges. Stay safe and HODL! 💎🙌
#CryptoCrime #BitoProHeist #Ethereum #Tron #CryptoSecurity #InvestSmart #CryptoNews
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bitcoinfunda · 25 days ago
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Cointelegraph Bitcoin & Ethereum Blockchain News
Background of Coinbase’s May 2025 breach Coinbase, America’s largest cryptocurrency exchange, received an unsolicited email from an unknown threat actor on May 11, 2025. They claimed to possess sensitive information about its customers and demanded a ransom of $20 million.  Before examining the breach, it is interesting to understand how it happened at a public company that spends millions…
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jenniferphilop0420 · 26 days ago
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Launch Your Crypto Project with Expert ERC20 Token Development
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If you're looking to dive into the world of cryptocurrency, starting with an ERC20 token could be your smartest move. Why? Because ERC20 tokens have become the backbone of Ethereum-based blockchain projects. Let’s break down everything you need to know—from what they are to how to build one expertly.
Introduction to ERC20 Tokens
What Are ERC20 Tokens?
Think of ERC20 tokens as the Lego blocks of the Ethereum blockchain. They’re standardized tokens that operate on Ethereum, meaning they follow a set of rules that make them easily tradable, transferable, and integrable with other apps on the network. Whether you're launching a DeFi project, a new crypto game, or a tokenized asset platform, ERC20 is often the go-to standard.
Why ERC20 Became the Standard
Before ERC20, tokens were the wild west—each one had its own rules, making compatibility a nightmare. ERC20 introduced uniformity. Now, wallets, exchanges, and smart contracts know exactly how to interact with your token. It’s like giving every token a universal translator.
Why Choose ERC20 Token Development for Your Project?
Compatibility with Ethereum Network
ERC20 tokens run seamlessly on Ethereum, which hosts thousands of dApps (decentralized apps). This compatibility makes integration straightforward and saves developers countless hours.
Security and Smart Contract Capabilities
ERC20 tokens are backed by smart contracts. That means rules for how your token behaves are baked right into the code—immutable, transparent, and secure (assuming they’re written well!).
High Liquidity Potential
Because ERC20 is so widely adopted, tokens using this standard are often supported by major exchanges and wallets. That means better chances of being listed and higher liquidity for your users.
The ERC20 Token Standard Explained
Key Functions of an ERC20 Token
At its core, the ERC20 token standard defines a handful of essential functions. Here’s a quick rundown:
totalSupply
This function returns the total amount of tokens in circulation. It’s a quick way to check how many tokens exist in your ecosystem.
balanceOf
This lets anyone check how many tokens a specific wallet holds—critical for transparency and trust.
transfer
This function allows token holders to send tokens to other addresses. Simple and essential.
approve and allowance
These functions handle how a wallet gives another contract permission to spend tokens on its behalf. Super useful for automated trading, staking, or lending.
Steps to Develop an ERC20 Token
Step 1: Define Your Token’s Purpose and Utility
Start with a clear goal. Is your token a currency? A governance tool? A reward system? Your token’s utility will influence every step that follows.
Step 2: Choose a Development Partner or Team
Unless you’re a Solidity genius, hiring an experienced ERC20 token development team is key. Look for developers with a solid portfolio and good reviews.
Step 3: Design the Smart Contract
Here’s where the magic happens. Your smart contract includes all the logic of how your token behaves. It must be clean, secure, and optimized for gas fees.
Step 4: Test the Token on Testnets
Before going live, deploy your token on Ethereum testnets like Ropsten or Goerli. Test for bugs, exploits, and functionality. This step is crucial.
Step 5: Deploy on Ethereum Mainnet
Once you’re confident, push your contract to the Ethereum mainnet. Congratulations—you now have a live ERC20 token!
Step 6: Verify Contract on Etherscan
Verifying your smart contract on Etherscan adds transparency. It allows users to read and interact with your contract directly through the blockchain explorer.
Common Mistakes to Avoid in ERC20 Token Development
Poorly Written Smart Contracts
Bugs in your contract can lead to lost funds or exploited features. Always double-check your code or have a professional audit.
Lack of Security Audits
Security audits are not optional—they’re essential. A single vulnerability could tank your entire project.
Ignoring Gas Optimization
Poor coding can lead to high gas fees for users. This discourages usage and hurts adoption. Optimize smart contract functions for efficiency.
Advanced Features for Your ERC20 Token
Want to go beyond the basics? These features can give your token a competitive edge.
Mintable and Burnable Tokens
Want to adjust your supply dynamically? With minting and burning, you can create new tokens or destroy them based on your project’s needs.
Pausable Tokens
This feature allows admins to pause transactions during a hack or emergency. It’s like a kill switch—just in case.
Role-Based Access Control
Only certain roles (like an admin or treasury) should perform sensitive functions like minting. Role-based access helps keep things secure and organized.
Promoting Your ERC20 Token After Launch
Getting Listed on Exchanges
This step boosts visibility and trust. Start with decentralized exchanges (DEXs) like Uniswap before moving to centralized ones like Binance or Coinbase.
Building a Strong Community
Your project is only as strong as your community. Engage users on Twitter, Discord, Reddit, and Telegram. Keep them in the loop with updates, airdrops, and AMAs.
Strategic Partnerships
Collaborate with other crypto projects, influencers, and media outlets to gain exposure. Strategic partnerships help you tap into new audiences.
Conclusion
ERC20 token development is your gateway into the vast and exciting world of blockchain. Whether you're building a decentralized finance platform, a crypto game, or a new social economy, ERC20 offers a reliable and flexible framework. By following best practices and leveraging expert development, your crypto project can go from idea to reality with confidence.
So what are you waiting for? If you're serious about launching your own token, now is the time to make it happen—with the right team, the right strategy, and the power of ERC20 behind you.
FAQs
1. How much does it cost to develop an ERC20 token? The cost can range from $1,000 to $10,000+ depending on features, audit requirements, and whether you hire a professional developer or firm.
2. Can I create an ERC20 token without coding? Yes, some platforms offer token generators, but they often lack custom features and security audits. For serious projects, a custom smart contract is better.
3. How long does it take to launch an ERC20 token? It can take anywhere from a few days to several weeks depending on complexity, testing, and deployment schedules.
4. Is ERC20 still relevant in 2025? Absolutely. Despite newer standards like ERC721 and ERC1155 for NFTs, ERC20 remains the go-to for fungible tokens.
5. Do I need a whitepaper to launch an ERC20 token? Technically no, but having a whitepaper adds legitimacy and helps potential users understand your project’s goals and tokenomics.
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