UntitledBanking uncertainty is causing chaos throughout the traditional finance system. People are losing confidence in fiat currency, however, the cryptocurrency market is on the rise. Trading volume is up, and projects such as KuCoin (KCS), Uniswap (UNI) and Collateral Network (COLT) are expected to surge, COLT in particular estimated to see a 35x price rise, attracting an influx of new investors in the process.
KuCoin (KCS) Boosts Confidence With New Security Deal
KuCoin (KCS) is looking to enhance the security of its platform by implementing an innovative new bug bounty program. The program will be implemented as part of a partnership with Hacken, a web security firm with a focus on DeFi. The project will cost KuCoin (KCS) $1 million and will be available on Hackenproof.
Additionally, KuCoin (KCS) will also create a new homepage and landing page that offer several security resources and stronger security features to keep accounts on the KuCoin (KCS) exchange safe from hackers.
To optimize the new bug program, it will be available to developers who can identify any shortfalls in the security mechanisms. This will help to keep KuCoin (KCS) security high and limit any risk of hacks or bugs disrupting the KuCoin (KCS) exchange. Once implemented, analysts believe the value of KuCoin (KCS) will increase as investors build more confidence in the KuCoin (KCS) platform.
Uniswap (UNI) Price Remains Stable
With centralized banking systems on the downturn, investors aren’t too excited about the concept of centralizing the cryptocurrency market. Many investors enjoy buying and selling cryptocurrency anonymously, which means the threat of centralization could be good news for decentralized exchanges such as Uniswap (UNI), as more investors will use the Uniswap (UNI) platform.
Over the past 5 days the value of Uniswap (UNI) has increased by 2.64% to $5.93, showing that the Uniswap (UNI) exchange is having a positive reaction to the current banking turbulence. As the popularity of Uniswap (UNI) continues to grow, analysts believe the Uniswap (UNI) UNI token could rise exponentially in price, with Uniswap (UNI) potentially passing $6 by the end of April.
Collateral Network (COLT) Introduces DeFi Crowdlending
Collateral Network (COLT) has created a buzz in the DeFi market by introducing an innovative way to unlock liquidity from real-world assets. Collateral Network (COLT) will mint fractionalized NFTs backed 1:1 by the physical assets that borrowers want to receive money for loans from.
Lenders throughout the Collateral Network (COLT) community can then offer loans and generate a passive income from a fixed rate by buying into the fractions of the NFT with lending small amounts of money that will accumulate the overall loan amount. Collateral Network (COLT) is multi-chain, meaning investors can provide loans across blockchains without limitations.
Assets accepted on Collateral Network (COLT) include art, vehicles, watches, gold, diamonds and more, all of which can be liquidated within 24 hours with no credit footprint. Collateral Network (COLT) guarantees discretion to prevent borrowers’ credit scores from being impacted and stores all contractual information on-chain, making it immutable.
Collateral Network (COLT) is currently selling out fast during stage one of its presale, with one COLT token selling for $0.01. With just 38% of the token supply being sold and a predicted ROI of 35x, investors are flocking to Collateral Network (COLT) to maximize their returns.
Find out more about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Presale: https://app.collateralnetwork.io/register
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
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