Skip to main content

Bitcoin․com Partners with HAPI to Launch High-Yield Farm on Verse DEX and Enhance Wallet and DEX Security

Bitcoin.com, a global leader in accessible cryptocurrency products and education, has taken another step forward in enhancing user experience by integrating HAPI’s service into the self-custodial Bitcoin.com Wallet and onboarding the HAPI token on its Verse DEX with a USDC/HAPI trading pair. Bitcoin.com and HAPI are now offering highly attractive yield on the USDC/HAPI Farm. Users can stake their liquidity pool tokens to earn these attractive rewards.

This exciting partnership with HAPI Protocol, an innovative cybersecurity and anti-money laundering solution, aims to improve the security of the multichain Bitcoin.com Wallet and Verse DEX. The launch of a high-yield HAPI Farm on Verse DEX also supports the growth of the decentralized trading platform.

HAPI Protocol enables users of the Bitcoin.com Wallet, where over 38 million self-custody crypto wallets have been created, to be warned if an address they interact with has been associated with any suspicious activity. This essential feature is invaluable in an industry where user safety is of utmost importance. Since integrating HAPI’s service into the Bitcoin.com Wallet in October 2022, the system has provided automated warnings to over 11,000 users, helping them avoid high-risk transactions. Bitcoin.com also plans to integrate HAPI to Verse DEX in order to provide additional security for DEX users.

As a decentralized solution, HAPI aggregates data from several trustworthy sources, including Chainalysis. It facilitates and rewards user engagement by allowing address submissions for HAPI token stakers, and is publicly available for anyone to view and use its database.

“The partnership between Bitcoin.com and HAPI highlights the power of collaboration in pursuing the creation of economic freedom. By joining forces, Bitcoin.com and HAPI bring users of Bitcoin.com’s products the benefits of enhanced security and access to financial opportunities”, said HAPI CEO Eugen Pshenychkin.

The combination of the Bitcoin.com Wallet, the Verse DEX, VERSE token, and HAPI’s cybersecurity solution all work together to enable users to safely take advantage of the growing decentralized finance ecosystem in the pursuit of economic freedom.

Dennis Jarvis, Bitcoin.com CEO, emphasizes the importance of this partnership: “Our collaboration with HAPI Protocol not only enhances the security features of the Bitcoin.com Wallet but also provides our users with new opportunities to earn rewards through the Verse DEX. By taking the actions needed to earn these rewards, users are actively contributing to the growth of crucial decentralized infrastructure. This partnership is a testament to our commitment to promoting economic freedom and expanding access to decentralized finance.”

As part of its mission to create economic freedom, Bitcoin.com is also inviting other projects to partner with them and launch partner farms on Verse DEX. Interested parties can apply here.

Start earning high APY on the Verse DEX here. To learn more about Verse Farms, and for step-by-step instructions, start here.

About HAPI Protocol

HAPI is a decentralized security protocol designed to combat malicious activity in the blockchain space. By integrating crypto intelligence data from various sources, HAPI provides accurate information on compromised wallets and malicious actors. The protocol offers a reporting and alert system, address checking functionality, and smart contracts for DEX and DeFi protocols.

About Bitcoin.com

Bitcoin.com is building products that give everyday people access to a vast world of opportunities to generate personal prosperity without limits. Since 2015, Bitcoin.com has been a global leader in introducing newcomers to cryptocurrency, featuring accessible educational materials, timely and objective news, and easy-to-use fully self-custodial products for buying, spending, trading, investing, and earning with crypto.

About Verse VERSE is the rewards and utility token for users who contribute to and participate in the Bitcoin.com ecosystem. Launched in December 2022, the VERSE token is designed to expand access to decentralized finance and help unlock the economic freedom it provides.

 

 

 



from Bitcoin News https://ift.tt/Yqmj5TE

Comments

Popular posts from this blog

Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’

On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin ( BTC ) from Mt Gox littered social media platforms and headlines. Bitcoin.com News covered the situation six days ago as a number of people and Mt Gox creditors called the rumors “ fake news .” During that same period of time, a bitcoin whale transferred 10,000 BTC to unknown wallets, and a 2018 annotation , heuristics, and clustering methods show the funds likely originated from the June 2011 Mt Gox hacks. Following the mysterious whale transfer, last Wednesday, Mt Gox published an official update from the court trustee Nobuaki Kobayashi that explains the court is “currently preparing to make repayments” to creditors. Mt Gox creditors have been wait...

Fidelity Discusses Bitcoin as Portfolio Insurance — Could Soon Stand in ‘Stark Contrast’ to Path Fiat Currencies Take

Fidelity Digital Assets, a subsidiary of Fidelity Investments, says that bitcoin could be considered portfolio insurance. The firm notes that the cryptocurrency “may soon stand in stark contrast to the path that the rest of the world and fiat currencies may take — namely the path of increased supply, additional currency creation, and central bank balance sheet expansion.” Fidelity Says Bitcoin Could Be Portfolio Insurance Fidelity Digital Assets, a subsidiary of Fidelity Investments, recently published a research study titled “The Rising Dollar and Bitcoin.” The research outlines “how bitcoin could be considered portfolio insurance” as the rising dollar impacts global currency markets. “The strengthening U.S. dollar is wreaking havoc among other countries and may put pressure on the Federal Reserve to soon reverse its tightening monetary actions, something that has precedent based on 1985’s Plaza Accord,” Fidelity explained. In addition, “more monetary debasement may be needed to ...

Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could Undermine US Dollar

Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the world’s primary reserve currency. Russia and China May Be Developing Gold-Backed Currency Several experts have shared their views on Russia and China potentially creating a new gold-baked currency, Fox Business reported Saturday, emphasizing that China has been buying up huge quantities of gold while Russia was forced off the U.S. dollar due to sanctions imposed on the country following its invasion of Ukraine. The news outlet noted that some experts have cautioned that these moves, along with the closer relationship that has developed between Moscow and Beijing, point to the likelihood of China attempting to launch a gold-backed currency. However, neither Russia nor China has officially confirmed plans for such a currency. Craig Singleton, senior fellow at the Foundation for Defense of Democracies and a former U.S. diplomat,...