/Reach 價格REACH

NymVPN launched a perpetual token buyback mechanism that features a new working model for DePIN (Decentralized Physical Infrastructure Network) tokens. This effort enables anonymous access for users while simultaneously compensating those who provide the network’s services. Another Step Before the Final Launch According to a document shared with CryptoPotato, NymVPN is scheduled for a commercial launch on March 13. The project’s zero-knowledge payment system and the perpetual token buyback program are set to go live for public testing on February 26. The team behind the project has invited the community and general public to battle-test this novel payment mechanism and help kickstart the economic cycle of Nym DePIN. Decentralized Physical Infrastructure Network, for its part, is considered vital since it provides the layer-0 anonymity network, which is particularly needed across Web3. Commenting on the initiative was Harry Halpin – CEO of Nym: “We launched the NYM token in 2022 to reward mixnet node operators helping us build the world’s most decentralized and anonymous network. The launch of NYM activated the supply side of privacy and created a network of over a thousand nodes. Today, we are activating the demand side, allowing ordinary users to pay in fiat and Bitcoin for NymVPN. Their payment is then converted to NYM token buy-orders to keep the network running.” How Does the System Work? The market for VPNs was forecasted to reach roughly $500 billion by 2034. However, the vast majority of those networks have the necessary privacy protections. Nym’s DePIN model, however, offers a solution. According to the document, the buypack program supports two of NymVPN’s core features: zero-knowledge anonymous credentials (zk-nyms) and a token incentivized mix network of node operators. Via the mechanism, all fiat and crypto subscriptions to NymVPN will be converted to NYM tokens by default. This will establish a self-sustaining cycle that naturally reflects market demand for NymVPN’s services. Keep in mind that this approach is distinct and far more comprehensive than a typical token buyback, where a fixed amount of coins is repurchased from the market often to bolster company treasuries. Subscribers to the mechanism need to possess NYM tokens themselves or pay in crypto. Subscriptions can be purchased using fiat currency like euros and dollars, as well as in Bitcoin or directly in NYM coins. “Just like everyone should enjoy clean water and electricity, people deserve secure and private communication. This is not speculative, but a growing real-world need. And with the launch of the perpetual buyback mechanism, the token can shift out of a speculative promise to instead signal such real-world demand,” Jaya Brekke, Nym’s Chief Strategy Offer, stated. The post NymVPN Introduces a Perpetual Token Buyback Mechanism as the Network Goes Live for Public Testing appeared first on CryptoPotato.

Japan’s investment firm Metaplanet has issued $13.6 million in 0% ordinary bonds to fund the purchase of additional Bitcoin. Tokyo-listed firm Metaplanet is issuing 2 billion JPY (around $13.6 million) in bonds to EVO FUND, with the funds aimed at purchasing more Bitcoin ( BTC ) as part of the firm’s ongoing strategy to increase its holdings in digital assets. In a Feb. 27 regulatory filing , Metaplanet said the bonds carry no interest and will be redeemed at face value on Aug. 26. However, the bondholder, EVO FUND, has the option to request early redemption at any time. Early redemption can be made for all or part of the outstanding bonds, provided the request is made at least one business day in advance, the document reads. The funds required for the redemption of the bonds will come from the proceeds of the 13th to 17th Series of Stock Acquisition Rights, which Metaplanet expects to exercise. If the funds from these exercises reach a multiple of 50 million JPY, part of the bonds may be redeemed early. The bond issuance will be fully allocated to EVO FUND, with no guarantee or collateral attached to the bonds, per the document. Despite the news, Metaplanet’s shares have dropped nearly 25% as crypto prices experience a week-long decline. The announcement comes just two days after Metaplanet added 135 BTC to its treasury, strengthening its position as one of Japan’s most active corporate Bitcoin investors. Like Strategy — formerly MicroStrategy —, which owns the biggest corporate Bitcoin treasuries, Metaplanet has been gradually growing its holdings since launching its Bitcoin Treasury Operations. As crypto.news reported earlier, the firm’s BTC Yield, which measures the amount of Bitcoin held per share, grew by 309.8% in Q4 2024. It has however slowed down to 23.2% in early 2025 as Metaplanet increased the number of its shares.

Ripple President, Monica Long, used X to point out how important institutional adoption of digital assets is in South Korea. To that end, she announced Ripple’s new partnership with BDACS, a major digital asset custody firm in the region. The goal is to build up custody infrastructure for XRP, RLUSD, and other cryptocurrencies. Long shared her enthusiasm for Ripple Custody’s potential role in South Korea’s changing regulatory scene and the increasing interest in crypto services for institutions. This partnership fits with South Korea’s regulatory roadmap from the Financial Services Commission (FSC). The FSC wants to encourage institutions to get involved in the digital asset market. Related: Ripple Expands Cross-Border Payments: New Licenses & RLUSD Stablecoin Set to Reshape 2025 According to a press release , Ripple’s partnership with BDACS is designed to strengthen South Korea’s infrastructure for secure crypto custody services at the institutional level. By integrating Ripple Custody into BDACS’s system, the two companies want to give institutions a solid and secure place to manage XRP, RLUSD, and other digital assets. Harry Ryoo, CEO of BDACS, commented on how significant this collaboration is. He stated that the custody services will offer institutions a secure platform to trade and store digital assets while following regulatory standards. Ripple Custody will provide a modern custody solution, giving crypto holders, exchanges, and OTC desks a platform for managing and protecting digital assets. Related: Is the Ripple Lawsuit Set for a Breakthrough After SEC and Binance Agree to Pause Suit? The global crypto market anticipates that the number of crypto assets under custody will reach $16 trillion by 2030. Secure custody technology is expected to be essential for the digital asset ecosystem to grow. Fiona Murray, Managing Director of APAC at Ripple, expressed her positive feelings about the partnership. She mentioned that it would allow Ripple to offer its custody solution to institutional investors in South Korea. The changes in South Korea’s regulatory situation are likely to speed up the need for specialized custody services. With recent news about corporate participation in digital assets and the development of a regulatory framework for stablecoins, the demand for secure custody solutions is expected to increase. Moreover, BDACS is among the first institutions in South Korea to provide these services, making itself a leader in this growing market. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Billionaire investor Tim Draper has announced a groundbreaking partnership between Cardano Foundation and Draper University, starting the Cardano X DraperU Founder Residency Program. The project will increase the reach of the Layer 1 blockchain, and the application deadline is March 1, with selections announced on March 15th. In a post on X (formerly Twitter), Draper confirmed the partnership with Cardano while adding that the duo will “support UTxO-based startups building the future of Bitcoin DeFi.” Cardano founder Charles Hoskinson noted that Draper’s presence in the crypto ecosystem will be beneficial for new projects. Related: Charles Hoskinson’s Encrypted Statement: What Is Cardano Up To? Based on the official page , those who build on Cardano would get a 42K ADA grant (equity-free). The 5-week residency program will begin on March 31st and happen at Draper University, where housing will be covered for the participants for the length of the course. During the five weeks, the participants will receive technical training on Cardano blockchain development; workshops on entrepreneurship, product development, and fundraising; mentorship from industry leaders and networking opportunities; and a pitch day with venture capitalists and possible investment opportunities. At press time, Cardano (ADA) is trading at $0.6627, down 3% in the last 24 hours, shows CoinMarketCap . The ADA daily chart below indicates that the Relative Strength Index (RSI) is at 35.15, which suggests that sellers are mostly in control of the ADA price movement. The gradient of the line points to lower prices. The ADA price action is currently testing the support at $0.6435 (the lower Bollinger Band). Related: Staked Cardano ETP Goes Live on Nasdaq Helsinki via Virtune If it holds, the altcoin could try to break out above the middle Band at $0.7478 and the upper Band at $0.85. If buying pressure increases, ADA could rally toward the $0.75 – $0.80 range, but if selling pressure continues, ADA may retest $0.64 – $0.63 before finding stability. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

After 169% surge, Pi Coin sets sights on ambitious price target from bullish momentum Market analyst forecasts strong Pi Coin rally, projecting $3.78 price in 2025 Binance listing potential: 86% vote yes to listing, could further Pi Coin’s price action Pi coin has taken off, surging 169% from its most recent low point. The cryptocurrency is currently changing hands at $1.60, which is a 0.68% increase in the past 24 hours. Despite a 35.87% decrease in trading volume, the market cap is holding steady at $10.4 billion. The price has tested several resistance levels, showing ups and downs with regular dips and bounces. Investors are closely watching to see if Pi Coin can keep up its momentum and break through key resistance points. Pi Coin’s Price Swings: Market Eyes Breakout Pi Coin’s price action has displayed big swings over the past day. It hit a 24-hour high of $1.60 while dropping down to a low of $1.47. This price behavior suggests attempts to reach new highs, with buyers stepping in at key support levels. Source: CoinMarketCap The lower trading volume might mean traders are being careful, waiting for clear confirmation of a breakout. If t… The post Pi Coin’s 169% Breakout: Analyst Targets $3.78 – Find Out How appeared first on Coin Edition.