SCALLOP WEEKLY UPDATES
I’m back with Scallop’s weekly updates, most community members are after the app and chain lunch. Relax, the team members are cooking something tasty for everyone to enjoy! Raj will have lot of product updates for everyone in the next AMA, so make sure you set your reminder. In the mean time, here’s what happened last week.
SCALLOP LEARN: BASICS OF INVESTING
One unique thing about Scallop Learn is its ability to send out essential information in a comprehensive way. Nearly 20,000 different cryptocurrencies are traded publicly, according to CoinMarketCap.com, a market research website. And cryptocurrencies continue to proliferate.
If you’re thinking about getting into cryptocurrency, then read through this article and know how to manage your risk in the volatile space.
To read more, Click HERE
WEEKLY SECURITY TIPS
With a high rise of theft and hacks in the cryptocurrency ecosystem, Scallop creates time to inform it users and community members on basic tips to keeping your digital assets or data safe. As an Ambassador, I hold on to this tips because I know how it feels to be scammed or rugged. Same with everyone who have reasons to create a wallet or register on a centralized exchange (CEX). In last week tips, using 2-Factor Authentication was recommended.
2FA is a security process in which users provide two different authentication that strengthens access by requiring methods to verify your identity. 2FA is implemented to better protect both a user's credentials and the resources the user can access. Make sure you 2FA and restrict your API keys.
Scallop chain enables cross-chain financial applications and plans to connect traditional banks with cross blockchain applications. Institutional partners work directly with Scallop, allowing them to create secure custody services, interest bearing savings accounts, debit cards and a fiat on-ramp to crypto.
Scallop offers products & solutions built on the powerful and fully regulated chain. Also the world’s first regulated blockchain featuring the unique capability of powering cross-chain financial applications to establish a better DeFi future.
Scallop’s blockchain will transform mainstream financial systems to increase the value of our customers' fiat and digital assets.
- Creating secure custody services.
- Interest-bearing savings accounts & debit cards.
- Fiat on-ramp to Crypto and more.
Scallop is an innovative fintech ecosystem for users who want a faster, more efficient way to manage their crypto + fiat in a single place securely. Its mission is to bring digital assets into mainstream use and bridge the gap between decentralised and traditional finance.