Crypto News
Could HedgeUP (HDUP) and GMX (GMX) Be the Crypto Acquisition of a Lifetime? Early Returns Suggest Big Potential

 
 
Crypto whales are closely monitoring HedgeUp and GMX – their early returns suggest that these two crypto projects have massive potential this year, especially after the harsh ride in 2022. GMX and HedgeUp are two impressive projects, and here’s why they may be the crypto acquisition of a lifetime.
HedgeUp’s Unicity Attracts All
Whether you embrace risk and tolerate it well or prefer to infuse in highly secure assets to protect your capital, HedgeUp may be what you need. The crypto industry has been associated with speculation and volatility, but HedgeUp is a new project that redefines acquisition risk.
This platform allows you to infuse fractionalized NFTs backed by tangible assets. These assets include gold, fine art, luxury watches, private jets, and aviation items. Users need to buy the native token, HDUP, to infuse in NFTs that either represent one asset (like a painting) or an NFT that is a basket of different items, hence improving portfolio diversification.
So far, alternative assets have only been available to high-net-worth individuals. HedgeUp has shaken up the traditional and crypto investing communities, as you can invest as little as $1. Hence, the platform makes costly assets possible for just about anyone.
With the ability to empower anyone to improve their portfolio with unique assets, HedgeUp can undoubtedly become the acquisition of a lifetime. It also bridges the gap between traditional investors, who have stayed away from the crypto world so far, and crypto investors, who can now add more stability to their portfolios.
 
 
GMX (GMX) Revolutionizes Payments System
GMX has done well during the worst bear market. Launched in September 2021, the ecosystem is an exchange where you can trade multiple crypto coins and digital assets directly from your wallet.
The interest in GMX has been peaking lately – especially after the collapse of the popular FTX platform. Unlike other competitors, like Coinbase or Binance, GMX is non-custodial, which means it does not take custody of users’ assets.
Many people lost their entire life savings in the collapse of FTX and the following waves that shook the entire crypto market. Hence, it is no surprise that GMX is enjoying increased interest from the broader market, given the increasing demand for DEX (decentralized exchanges). Many experts consider GMX a buy-and-hold, even if the bear market continues.
Bottom line
HedgeUp and GMX have been rising lately. If you are considering crypto projects with huge potential, these two should be at the top of your shortlist. HedgeUp is a unique platform that makes alternative investments available to anyone – so you can infuse in tangible assets that will shield your capital. GMX has enjoyed peaking popularity after the FTX collapse, as this decentralized platform allows for trading crypto coins without taking custody of users’ assets.
For more information on HedgeUP, click the links below:
Presale Sign Up: https://app.hedgeup.io/sign-up
Official Website: https://hedgeup.io
Community Links: https://linktr.ee/hedgeupofficial
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.
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Crypto News
BitPay Announces Partnership With MoonPay – Bitcoin Magazine

BitPay and MoonPay, leading bitcoin and cryptocurrency payments infrastructure providers, have partnered “to provide BitPay users with significantly increased ways to buy cryptocurrency instantly, and at great rates.”
“BitPay’s unique marketplace experience also presents multiple rates for buyers, ensuring they receive the best possible price for their cryptocurrency purchases,” the press release states. “Additional benefits of the integration include fast delivery to any owned wallet address, as well as the ability for buyers to pay with their preferred method, including credit card, debit card, Apple Pay, Google Pay or a variety of local bank transfer methods.”
The announcement also states that for a limited time, BitPay users will be able to purchase bitcoin with no fees. Those seeking to access the MoonPay integration can do so at BitPay.com or on the BitPay Wallet app.
Bill Zielke, CMO of BitPay, said in the press release that, “BitPay’s partnership with MoonPay brings together two leaders of the crypto payments space to give BitPay users near-instant access to cryptocurrency.”
Echoing that statement, Harry Peatson, partner account manager at MoonPay, explained that, “This partnership will provide users with a greater variety of ways to buy cryptocurrencies, allowing them to use their preferred buying methods, and with much greater speed of delivery than previously.”
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Crypto News
Why Real Regulatory Change In Crypto Has Not Happened

Legislators need to educate themselves on Web3 if they care about protecting consumers, Steven Eisenhauer, chief risk and compliance officer at Ramp, writes.
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Crypto News
South Korea to deploy cryptocurrency tracking system in 2023

The Ministry of Justice in South Korea announced plans to introduce a crypto-tracking system to counter money laundering initiatives and recover funds linked to criminal activities.
The “Virtual Currency Tracking System” will be used to monitor transaction history, extract information related to transactions and check the source of funds before and after remittance, according to local media outlet khgames.
The South Korean Ministry of Justice will introduce a “cryptocurrency tracking system” in the first half of this year to strengthen the tracking of money laundering and recovery of criminal proceeds using cryptocurrencies. https://t.co/2CLkaLUrX6
— Wu Blockchain (@WuBlockchain) January 29, 2023
While the system is slated to be deployed in the first half of 2023, the South Korean ministry shared plans to develop an independent tracking and analysis system in the second half of the year. A rough translation of the ministry’s statement reads:
“In response to the sophistication of crime, we will improve the forensic infrastructure (infrastructure). We will build a criminal justice system that meets international standards (global standards).”
The South Korean police previously established an agreement with five local crypto exchanges to cooperate in criminal investigations and ultimately create a safe trading environment for crypto investors.
Related: South Korean prosecutors request arrest warrant for Bithumb owner: Report
The South Korean Supreme Court ruled that crypto exchange Bithumb must pay damages to investors over a 1.5-hour service outage on Nov. 12, 2017.
The finalized ruling from the supreme court ordered damages ranging from as little as $6 to around $6,400 be paid to the 132 investors involved.
“The burden or the cost of technological failures should be shouldered by the service operator, not [the] service users who pay commission for the service,” the court stated.
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