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press release
Bitcoin.coma global leader in accessible cryptocurrency products and education, has taken another step forward in improving the user experience by integrating HAPI’s service into the self-custodian. Bitcoin.com wallet and onboard the HAPI token Verse DEX with a USDC/HAPI trading pair. Bitcoin.com and HAPI now offers very attractive returns 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 HAPI farm with a high return on Verse DEX also supports the growth of the decentralized trading platform.
The HAPI protocol enables users of Bitcoin.com wallet, where over 38 million self-custodial crypto wallets have been created, to be alerted if an address they interact with has been associated with suspicious activity. This essential function is invaluable in an industry where user safety is of utmost importance. Since the integration of HAPI’s service in Bitcoin.com wallet as of 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 to provide additional security for DEX users.
As a decentralized solution, HAPI aggregates data from multiple trusted sources, including Chainalysis. It facilitates and rewards user engagement by allowing address submissions for HAPI token players, and is publicly available for anyone to view and use the database.
“The partnership between Bitcoin.com and HAPI highlights the power of collaboration in pursuing the creation of financial freedom. By joining forces, Bitcoin.com and HAPI provide users of Bitcoin.com’s products with the benefits of increased security and access to financial opportunity,” said HAPI- boss Eugen Pshenychkin.
The combination of Bitcoin.com walletit Verse DEX, VERSE token, and HAPI’s cybersecurity solution all work together to enable users to safely take advantage of the growing decentralized financial ecosystem in pursuit of financial freedom.
Dennis Jarvis, Bitcoin.com CEO, emphasizes the importance of this partnership: “Our collaboration with the HAPI protocol not only improves the security features of Bitcoin.com Wallet, but also gives our users new opportunities to earn rewards through the Verse DEX. By taking the necessary actions to earn these rewards, users actively contribute to the growth of critical decentralized infrastructure. This partnership is a testament to our commitment to advancing financial freedom and expanding access to decentralized finance.”
As part of its mission to create financial freedom, Bitcoin.com also invites other projects to collaborate with them and launch partner farms on Verse DEX. Interested parties can apply here.
Start earning high APY on Verse DEX here. To learn more about Verse Farms, and for step-by-step instructions, get started here.
About the 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 about compromised wallets and malicious actors. The protocol offers a reporting and notification system, address verification functionality and smart contracts for DEX and DeFi protocols.
About Bitcoin.com
Bitcoin.com builds products that give ordinary people access to a vast world of opportunities to generate personal wealth without limits. Since 2015, Bitcoin.com has been a global leader in introducing newcomers to cryptocurrency, with accessible educational materials, timely and unbiased news, and easy-to-use fully self-managed products to buy, use, trade, invest and earn with crypto.
About verse VERSE is the reward and utility token for users who contribute to and participate in Bitcoin.com ecosystem. Launched in December 2022, the VERSE token is designed to expand access to decentralized finance and help unlock the financial freedom it brings.
Image credit: Shutterstock, Pixabay, Wiki Commons
