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A legitimate source of information for prospective investors interested in understanding a project.
Your Guide to Blockchain Technology and DeFi
Users tend to research more about protocols across different ecosystems as they evolve in the Decentralized Finance (DeFi) space. In search of knowledge, they may bump into the term “whitepaper.”
Whitepapers are very important for blockchain protocols and crypto assets. It uncovers many details about a project for interested users. In simple terms, it is a document created by the developer(s) explaining the goal and technology of the project—the whitepaper details how the project and underlying asset are formulated to attract prospective investors.
Whitepapers contain different types of data to ensure that investors understand how the project works and how it differs from other projects in the industry.
Users are advised to read a project’s whitepaper to understand its mode of operation. Most importantly, understanding the document should not require technical expertise, as it is written like a handbook.

Features of a Whitepaper
Below is a list of what users should find in a typical whitepaper:
- An introduction, explaining why the project was created.
- The protocol’s use cases like Non-fungible Tokens (NFT), PlayToEarn (P2E), GameFi, Decentralized Exchange (DEX), and more.
- Consensus Mechanism (Proof of Work, Proof of Stake, etc.) and how it works.
- Tokenomics.
- Technical Explanation.
- Timeline or Roadmap.
Whitepapers are typically a legitimate source of information about any project in the crypto space.
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This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Related News


XBOX Audio: The Latest Addition to a Financial Criminal's Arsenal?

Viggiano tipped his friends about insider information on some stock which they traded for profit. Further, some of the information was shared through an XBOX audio chat, according to the SEC.
The U.S. Security and Exchange Commission (SEC) filed a complaint on Thursday in the U.S. District Court for the Southern District of New York. According to the agency, XBOX's audio chat was used to share insider trading of securities.
The SEC charged Viggiano, Salamone, Forlano, and Bleckley with violating the antifraud provisions of the federal securities law. According to the agency’s press release, Viggiano, in connection with his work at two financial institutions, learned about “impending merger and acquisition transactions and strategic partnerships before they were publicly announced.”
The former analyst, Anthony Viggiano, allegedly gained access to eight of such transactions and shared them with his friend, Salmone. Salmone used six of the insider information to trade in advance and earn up to $322,000. However, the profit was shared with Viggiano because his company prohibited him from using the information to trade.
Viggiano tipped Forlano with at least four of the transactions as well, and he made up to $113,000 from three transactions. Further, Forlano gave the insider information to other individuals, including his close friend, Bleckley. Forlano’s college friend Bleckley traded with two transactions and earned approximately $25,000.
According to page 23 of the report Forlano gave the insider information about the transaction to Bleckley through an XBOX audio chat, with the understanding that the information came from Viggiano. Using the XBOX audio chat, Forlano gave Bleckley insider trading knowledge about ECOM’s stock.
“On or before August 31, 2022, Forlano instructed Bleckley to use XBOX audio chat to communicate. Using the XBOX audio chat, Forlano told Bleckley that ECOM would get acquired soon, including telling Bleckley an expected purchase price per share. Bleckley understood that the ECOM material nonpublic information he received from Forlano came from Viggiano,” the report read.
In a personal statement, the Chief of SEC’s Market Abuse Unit, Joseph Sansone, stated that Viggiano violated his employers’ trust by leaking the information to his friends for personal gain.
“As alleged in our complaint, Anthony Viggiano violated his employers’ trust by misusing his access to confidential information to repeatedly and unjustly enrich himself and his friends,” Sansone said.
In the meantime, there is no information on how the SEC uncovered the Xbox call during the investigation. However, when bad incidents occur, the gaming console can record and share in-game audio with Microsoft.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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