Cypherfunks is swapping to Soniq

Decentralized crowdfunding platform Cypherfunks will undergo a swap on June 1 and become The Soniq
22 May 2018   1272

A decentralized global band crowdfunding initiative The Cypherfunks that uses cryptocurrency and collaboration is going to swap to Soniq. Soniq is going to be the skills exchange platform with the world's largest pool of music creatives and experts. The swap will start on June 1 and end on August 1. During this period owners of FUNK are eligible for the conversion into SONIQ token.

After the swap begins, a special Swap Platform will be made available to users. After an email registration, the users will receive an address where they will send their FUNK funds. These funds will be marked as unusable, and as the swap ends the users will receive the corresponding amount of SONIQ token.

The SONIQ funds will be transferred to the Ethereum address provided by users. The swap ratio is as follows:

At the moment of publication, The Cypherfunks market characteristics are as follows:

Average price 0.000033 USD
Market cap 1,578,265 USD
Volume (24H) 673 USD

Binance to Launch Crypto-Fiat Exchange at Jersey

The new exchange will feature BTC / GBP, ETH / GBP, BTC / EUR and ETH / EUR trading pairs
16 January 2019   72

Binance has opened a branch at Jersey island, targeting Europe and the UK. Its clients will be able to trade Bitcoin and Ethereum for the euro and the British pound. 

The new exchange will feature BTC / GBP, ETH / GBP, BTC / EUR and ETH / EUR trading pairs. To start trading, users must undergo KYC verification.

According to Binance CFO Ju Wei, bidding cryptocurrencies for fiat money will provide Europeans with new opportunities in the face of uncertainty with Brexit affecting the euro and the pound.

Wei also stressed that a strong legal framework makes Jersey one of the leaders in the development of blockchain technology.