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2656
Trustless bridges may be the key to blockchain interoperability


The arrival of interoperable solutions will be an opportunity for a positive shift in the publics perception of blockchain.To get more news about USDC, you can visit wikibit.com official website.
  Crypto and blockchain enthusiasts take pride in belonging to a community that is working on the future of financial systems. Yet, the community is innately fragmented thanks to multiple blockchains working independently of each other. The dream of mass adoption of blockchain and decentralized finance faces a major hurdle: a lack of interoperability.
  Meanwhile, decentralized applications (DApps) — the fruits of decentralization — are being held up. DApp developers face difficulties while transacting between different blockchain networks, and the reason behind this is they are stuck in the Ethereum ecosystem. Despite having the best infrastructure, Ethereum is losing its foothold.
  Ethereums pursuit of single-network blockchain dominance
  As per a DApp market report, around 59% of all DApps run on the Ethereum blockchain. The growth of decentralized finance on Ethereum notwithstanding, many developers and users are unhappy with the network.
  Growing transaction charges are an outright bane for developers and users alike. Likewise, the Ethereum network is also prone to clogging. Even six years after launch, Ethereums transaction speed languishes around 15 transactions per second (TPS). The combination of the above factors derails the efforts of developers by pummelling the feasibility of their projects.
  Also, the highly-anticipated Ethereum 2.0 upgrade fails to address the scalability issues. Eth2s complete implementation may be more than a year away. When you consider associated efforts like proof-of-stake migration and security upgrades, measures to tackle the scalability issue seem to be nowhere near the priority list.
  Part of the vision for Eth2 is “to make applications faster and cheaper to use.” With reality furthering itself away from that vision, however, the crypto-finance community is looking for alternatives.
  These alternatives are built on collaboration rather than competition. The potential driver of decentralized finance growth is enhanced interoperability.
  Interoperability and the hunt for interoperability solutions
  Touted as a solution for applying decentralized finance outside of the Ethereum blockchain, interoperability furthers the idea of decentralization. By facilitating seamless communication between different blockchain networks, interoperability is where the future lies.
  With interoperability, the traditional mentality of “I use blockchain B as it is better than blockchain A” undergoes a paradigmatic shift. We are moving toward a culture where blockchains A and B collaborate and are used in unison for a specific purpose.
  For better context, consider this: Without interoperability, the vast majority of DeFi protocols would lack the largest blockchain network and cryptocurrency, Bitcoin (BTC). However, with the help of blockchain bridges, it is now possible to transfer one‘s BTC holdings to the Ethereum network in the form of wrapped tokens such as Wrapped Bitcoin (WBTC), which has tokenized around 1% of Bitcoin’s supply on Ethereum. These ERC-20-compatible wrapped tokens offer faster Bitcoin transactions and enable users to employ Bitcoin on DeFi protocols such as Aave to lend and borrow assets — or perform other DeFi activities.
  It‘s also because of blockchain interoperability that users have the freedom to transact ERC-20 tokens on the Binance Smart Chain, dodging Ethereum’s spiking gas fees and executing transactions almost instantly. The arrival of interoperable solutions shall act as a window for multiple DeFi products and applications.
  Many developers, particularly those in high-volume sectors such as gaming, are now looking to layer two solutions to solve their problems. However, many of these solutions have been slow to deliver while developers waver over options like Plasma state channels technology. Rollups are the hot new workaround, bundling transactions for higher throughput.
  However, the fact is that many Ethereum layer two protocols leave DApps constrained to the Ethereum ecosystem. Without the chance to interoperate, developers and users cant tap into any value emerging from other platforms.
  Moving on, how can we attain seamless interoperability while bypassing the challenges faced by existing layer two infrastructure?
  Trustless bridges: The Holy Grail for blockchain interoperability?
  As the name implies, blockchain bridges are built to span blockchains and facilitate communication. This technology solves the issue of interoperating between two different protocols. Using trustless bridges, users can leverage the benefits of both blockchains.
  Generally, these bridges are governed by the “burn-and-mint” approach. According to this, tokens do not leave their respective blockchains during the transaction. The token is burned or locked in its blockchain, while its equivalent is minted or created on another blockchain. This method ensures a constant token supply and reduces volatility.
  There are two types of blockchain bridges: federated and trustless. The former is a private and more centralized project that requires certain criteria to be met before the bridge can be used. On the flip side, trustless bridges operate in a decentralized environment: Similar to Bitcoin and Ether (ETH) miners, trustless bridge validators receive incentives to maintain the bridges. Here, trustless bridges work on mathematical truths and are devoid of any human errors or corruption.

2657
Full text of Xi Jinping's speech on the CCP's 100th anniversary



Chinese President Xi Jinping on Thursday gave a speech at Beijing's Tiananmen Square to mark the 100th anniversary of the founding of the Chinese Communist Party.Below is an official English-language translation of the full speech provided by the CCP via Xinhua News Agency:To get more news about 100th anniversary ccp, you can visit shine news official website.

Today, the first of July, is a great and solemn day in the history of both the Communist Party of China (CPC) and the Chinese nation. We gather here to join all Party members and Chinese people of all ethnic groups around the country in celebrating the centenary of the Party, looking back on the glorious journey the Party has traveled over 100 years of struggle, and looking ahead to the bright prospects for the rejuvenation of the Chinese nation.

On this special occasion, it is my honor to declare on behalf of the Party and the people that through the continued efforts of the whole Party and the entire nation, we have realized the first centenary goal of building a moderately prosperous society in all respects. This means that we have brought about a historic resolution to the problem of absolute poverty in China, and we are now marching in confident strides toward the second centenary goal of building China into a great modern socialist country in all respects. This is a great and glorious accomplishment for the Chinese nation, for the Chinese people, and for the Communist Party of China!
The Chinese nation is a great nation. With a history of more than 5,000 years, China has made indelible contributions to the progress of human civilization. After the Opium War of 1840, however, China was gradually reduced to a semi-colonial, semi-feudal society and suffered greater ravages than ever before. The country endured intense humiliation, the people were subjected to great pain, and the Chinese civilization was plunged into darkness. Since that time, national rejuvenation has been the greatest dream of the Chinese people and the Chinese nation.

To save the nation from peril, the Chinese people put up a courageous fight. As noble-minded patriots sought to pull the nation together, the Taiping Heavenly Kingdom Movement, the Reform Movement of 1898, the Yihetuan Movement, and the Revolution of 1911 rose one after the other, and a variety of plans were devised to ensure national survival, but all of these ended in failure. China was in urgent need of new ideas to lead the movement to save the nation and a new organization to rally revolutionary forces.

With the salvoes of Russia's October Revolution in 1917, Marxism-Leninism was brought to China. Then in 1921, as the Chinese people and the Chinese nation were undergoing a great awakening and Marxism-Leninism was becoming closely integrated with the Chinese workers' movement, the Communist Party of China was born. The founding of a communist party in China was an epoch-making event, which profoundly changed the course of Chinese history in modern times, transformed the future of the Chinese people and nation, and altered the landscape of world development.

Since the very day of its founding, the Party has made seeking happiness for the Chinese people and rejuvenation for the Chinese nation its aspiration and mission. All the struggle, sacrifice, and creation through which the Party has united and led the Chinese people over the past hundred years has been tied together by one ultimate theme-bringing about the great rejuvenation of the Chinese nation.

To realize national rejuvenation, the Party united and led the Chinese people in fighting bloody battles with unyielding determination, achieving great success in the new-democratic revolution.

Through the Northern Expedition, the Agrarian Revolutionary War, the War of Resistance against Japanese Aggression, and the War of Liberation, we fought armed counter-revolution with armed revolution, toppling the three mountains of imperialism, feudalism, and bureaucrat-capitalism and establishing the People's Republic of China, which made the people masters of the country. We thus secured our nation's independence and liberated our people.

2658
21 Best BBQ Grill Lights for 2021



BBQ grill lights are a fantastic grilling tool for those who are tired of cooking in the dark or are done relying on insufficient phone lights.Get more news about Led Chargeable Barbecue Floor Light,you can vist our website!

These handy and affordable devices attach to your grill and cast powerful, focused light directly onto the grates, allowing you to keep the party going long after the sun goes down.

A good BBQ grill light will help you avoid nighttime burn hazards and allow you to actually SEE your food, preventing you from over-and undercooking food

They also free up your hands so that you can flip your food, tip back a drink, or prepare sides and sauces – safely and efficiently.

In this best BBQ grill light review, we’ll present the best grill light models on the market today. You’ll be grilling at night in no time!
Before you buy, make sure that the barbecue grill light fits your grill. If you have an aluminum or stainless steel grill hood, a lamp with a magnetic base won’t stick to it.

So you may want to shop for a unit that’s attached to the handle of your grill.

Brightness
If you own a BBQ with a lot of surface area, you may need more than one light to destroy those annoying shadows. If that’s the case, I suggest purchasing more than one light – and the good news is that many barbecue lights come in packages of two.

You’ll also want to consider the Lumin rating. Many of the lights on here are designed for tactical applications, so they are the brightest on the market.If you’re tired of using disposable batteries, you may want to opt for a USB chargeable unit – or a solar-powered unit that you can charge in the sun.

Just remember that many of the units on my list provide up to 30 hours of continuous use on a single battery, don’t require energy from the sun or an external power source.I like motion sensor units that mount to the handle and turn on and off when I lift and close my grill lid. However, I also want the flexibility gooseneck lights give me.

When I need to prepare sides and sauces at my end table or check on my side searing station, gooseneck lights give me that flexibility.

Choose a lamp that adjusts to your cooking style. If you have a small surface area to cover and don’t use prep spaces, a handle-mounted lighting system will be sufficient.

2659
HYDROFORMING VS. RUBBER PAD FORMING



Hydroforming and rubber pad forming (RPF) are two significantly popular methods of metal forming. The two processes vary in product finish, capabilities, pricing and production rate.Get more news about Rubber Forming,you can vist our website!

HYDROFORMING
Hydroforming is the process of exerting high pressure on a metal blank placed over a steel forming tool to define and form the desired shape of the  blank. A variety of metals can be formed through the process of hydroforming, including aluminum, brass, carbon and stainless steel, copper and alloys. The process accepts both thin and thick blanks. The use of high and evenly distributed pressure reduces the risk of surface scratches and wrinkles on metal parts formed. The ability to create a high-quality product with only one tool or die (not a matched set as in stamping) reduces the cost of labor and materials. The set-up is built to last for many production runs over time.
Rubber pad forming is accomplished on a hydroform or other hydraulic machine.  High pressure is exerted on rubber pads which in turn exert high pressure on a metal blank, which then forms to the shape of its forming box. Unlike hydroforming, rubber pad forming is limited to the forming of thin materials, primarily aluminum and thin specialty materials. The forming tool or box is made from relatively inexpensive resin board, aluminum, or plastic. Wrinkles can result. This type of metal forming is most useful for shallow parts that need moderately simple forming.  Production for this process is slower than other metal forming processes. The set-up is not built to last for many runs over time.

Ultimately, hydroforming and rubber pad forming both offer advantages, depending on  the thickness of the material, shape of the part, and cost considerations. Jones Metal Products offers both and has been perfecting our hydroforming processes for over 50 years. Our experts perform precision forming, laser cutting and finishing while working hard to advance our processes and save customers money. If you have a hydroforming project, call JMP at 888-868-6535 to talk about how you can save money and boost quality of your metal products. Ready for a quote? Send your drawing to us today.

2660
CAUSES AND PREVENTIVE TREATMENT OF EFFLORESCENCE IN CLAY BRICK TILES



The clay brick tiles that have emerged in recent years are loved by most builders for their strong texture and elegant appearance. However, buildings that use clay brick tiles as exterior wall tiles are more prone to the phenomenon of white efflorescence on the brick surface than buildings that use ordinary glazed tiles, which is collectively referred to as “efflorescence”, which directly affects the appearance of the building’s facade.Get more news about Terracotta Wall Panels,you can vist our website!

clay brick tiles are generally made of various pottery clays and other ceramic raw materials, which are vacuum-extruded to form a hollow body that connects two bricks into a whole, and is fired after drying. Because it is double-layered when it is formed, it can be separated into two pieces after being fired or at the joint of the front ribs, and it can be separated into two pieces, so it is called clay brick tiles, also known as clay brick tiles and double brick. The clay brick tiles has a soft color and a stable appearance. The surface can be smooth or rough. It can provide strong concave and convex lines. It can also be assembled into different patterns of art decoration effects. It has an obvious three-dimensional effect. It is a new type of exterior wall decoration material. It is widely used in buildings, squares, passages, parking lots, subways and other places. Compared with the current colored glazed bricks, glazed bricks and unglazed bricks used for architectural decoration, the clay brick tiles have a dovetail groove on the back of the bricks, and the sticking is firm and will not fall off. At the same time, the products are completely fired from natural raw materials, with high strength and acid resistance. Alkali, non-slip, anti-corrosion, and air permeability. Poorly paving the clay brick tiles will easily cause the whitening of the brick surface, which is collectively referred to as “efflorescence.” Once this phenomenon occurs, you must first understand the true reasons for splitting the bricks and paving the efflorescence. Targeted treatment and prevention.
Reasons and principles of efflorescence due to poor clay brick tiles paving: construction material reasons: wall base plastering layer contains higher free alkali content; binders and jointing agents contain higher free alkali content; construction technology Reason: When paving, the adhesive filling rate on the back of the clay brick tilesis insufficient, forming a cavity; the joints are not full, causing cracks, and causing rainwater to seep. The principle of efflorescence: due to the above-mentioned reasons of insufficient base layer, bonding material, jointing material and paving joints, after rainwater enters the back of the brick or the gap, it will produce free alkali in the bonding material and jointing material. The physicochemical reaction produces white flowers, which permeate through the cracks or brick surfaces of the bricks to form efflorescence.
The methods to effectively prevent efflorescence after splitting the tiles are as follows: dry the base layer and spray the impermeable material first; choose low-alkalinity adhesives and jointing agents; during the construction process, the adhesive paving is full , Jointing is dense; after paving, the jointing should be completed after the adhesive is fully cured, generally not less than 48 hours, which is more than 7 days; avoid construction in rainy days, especially avoid jointing in rainy days.
The treatment method of clay brick tiles that have produced efflorescence is: on sunny days, clean the brick surface with oxalic acid and rinse with water; after the brick surface of the clay brick tilesis air-dried, spray a layer of colorless and transparent anti-seepage agent to protect the outside world. The water cannot enter the back of the clay brick tiles or grooves to prevent the production of efflorescence: water. (Because the air humidity is high in rainy days, it is not suitable to operate in rainy days); after spraying the anti-seepage agent, the brick surface effect of the clay brick tiles will not be affected.

2661
Where is the noise of the vortex blower mainly from?


After the vortex fan is turned on, the noise will follow, so where is the big sound coming from?Get more news about Vortex Centrifugal Fan,you can vist our website!

No matter what kind of equipment, as long as it is not in a static state, the work is inevitable, and the sound is inevitable, but the sound is different, and it is different.

For our fan products, the main sound comes from air flow noise and mechanical motion noise. Baidu Encyclopedia entry, also given to explain, the above is said:

Where is the noise of the vortex fan mainly from?
The noise generated during the flow of gas is mainly due to the unsteady flow of the gas, that is, the turbulence of the gas flow, the noise generated by the interaction between the gas and the gas, and between the gas and the object.

The characteristics of airflow noise are also related to factors such as the pressure and flow rate of the airflow. Common airflow noise such as fan noise, jet engine noise, high-pressure boiler venting exhaust noise, etc., please search for Baidu.

Where is the noise of the vortex fan mainly from?
It includes the noise of the fan bearing, the sound of the motor running, the wave noise caused by the rotor, etc. In addition, the pipe components connected to the fan, such as the deflector, elbow, reducer, etc., are unreasonably arranged. Produces noise. This type of sound is different from aerodynamic noise.

From the mechanism of noise generation, it mainly consists of rotating noise and eddy current noise.Knowing the principle and root cause of noise, then, for noise reduction, you know where to start.

For the mechanical noise has been optimized in the early stage, then for the air flow noise, the silencer can only be installed on the external equipment, which is the stainless steel silencer we usually use.

2662
Do 'fragile' labels protect your packages?



Pictures of crunched and battered packages are not what you want to see, especially on your doorstep. When the photos are coupled with a 'fragile' label, that's even more confusing. Are we taking it for granted that labeling a package as 'fragile' can protect it? Get more news about Fragile Paper Label,you can vist our website!

In the height of a busy shipping and return season, we turned to Allen Kim at Edwin Jarvis to verify.

“A lot of times people prefer to use stickers because they are more visible but writing [fragile] does make an effect,” Kim said. But according to Kim, there’s a limit to a label’s effectiveness. For instance, factors like reusing a box could diminish the message.

“Your expectation of that effectiveness should be lower than if you're using a new box with no labels on it and the word ‘fragile’ really stands out,’ Kim said. 

Despite the packing box and label, Kim said other factors come into play when it comes to keeping your package secure.What it boils down to is whether there's a lot of automation that goes into your package or whether it's hand handled,” Kim said. “Different shippers have different levels of automation,” he explained. 

The VERIFY team checked in with UPS, the United States Postal Service and FedEx to learn more about each carrier’s policy for fragile packages and whether a label serves as an alert for special handling.

According to a spokesperson for UPS, the most important part is how items are packed, “not necessarily how they are labeled.” UPS policy indicates a package should not leave an employee's hands until it's on a surface. The spokesperson said that policy applies to all packages, whether labeled fragile or not.

U.S.P.S statement instructed packages to be marked ‘fragile’ if they can break. The postal service also offers preferential handling for fragile items for an added fee, but that does not insure the item against damage. While a response from FedEx included a list of packing tips but no mention of fragile labels.

2663
Air-Tight Lab Bottles: Ensuring an Air-tight Seal Using PARAFILM


We are often asked if our lab bottles or screw cap test tubes are "air-tight". For these items to be air-tight they require a perfect seal around the top of the bottle or tube and the screw cap lid. Often the pouring ring or lid disc will do this, however we would still only consider the bottles or tubes as leak-proof rather than air-tight.Get more news about Airtight Bottle,you can vist our website!

A simple solution to creating an air-tight bottle or tube would be to seal the top with PARAFILM and then screw the lid down over the PARAFILM.

PARAFILM is a unique self-sealing, moldable and flexible film for numerous uses in the typical laboratory including electron microscope laboratories. PARAFILM has unique permeability properties, impressive water vapor transport properties, and is resistant to many common reagents. The thickness of all Parafilm products is 127µm.

2664
Make your own beautiful mosaic glass marble candle holder!



I don’t know about you, but I love to dim the lights in the evening and light a couple of candles to create the perfect relaxing ambiance for the end of my day. Don’t get me wrong, regular candles are great for this! However, there’s nothing quite like the added beauty of a mosaic candle holder to create a dazzling display of light dancing over the walls. And guess what?! You can make your own version at home in a snap! Here’s what you will need to get started…Get more news about Round Candle glass,you can vist our website!

The first step is to apply your flat glass marbles to the outside of your round candle holder using the hot glue. Starting from the top of your candle holder, apply the glass marbles all the way around the top edge, leaving a little bit of space in between your marbles.

When you finish with the top row of marbles, move down to the next row and start applying the glass marbles there. You want to align each marble in the 2nd row with the space between the marbles in the row above it so that the marbles are staggered.  When you reach the 3rd row, you will align the marbles up to the 1st row, and when you reach the 4th row, you will align those with the 2nd row…

This is the time to put on your gloves if you haven’t already. Than you want to smear the grout all over your project, making sure to really work it in between the marbles. Let it sit for around 20 minutes, then using a damp sponge, carefully wipe the grout off of the individual marbles.  This process is honestly the hardest part of the whole thing. It took me several sessions of drying and sponging to get the marbles looking nice and clear. It’s kind of like going to the beach and trying to rid yourself of every last piece of sand off afterwards…

This particular candle holder works really well with our small 4 oz soy candle tins or you can always use our soy tea light candles as well! Simply light and enjoy. I might also add that once the lights have been dimmed and the candle has been lit, this particular candle holder also pairs well with a glass of Merlot ?


2665
The Ultimate Guide to the Best Forex Candlestick Patterns



Both the hammer and the hanging man are probably the most basic, but at the same time, the most efficient candlestick patterns to trade Forex with if your goal is to jump in a trade when the market is about to reverse. That is why they belong to the category of one-candlestick reversal patterns. The hammer is the bullish pattern that appears at the bottom of the trend after a substantial price decline, whereas the hanging man is a bearish pattern that can be seen at the top of the uptrend. Both these patterns are tradable on any time frame higher than 15M.To get more news about TMGM, you can visit wikifx.com official website.
  The ability to recognize and trade off these patterns is invaluable for any successful Forex trader because they hint at the probable top, or the probable bottom, of a trend and signal that traders should start looking for the most optimal exit or entry points.
The hammer pattern emerges when a currency price drop substantially lower than the opening price of the day, but then the buyers step in and drive the price back to the level near the day‘s open, thus forming the one-candlestick pattern with a large lower wick (shadow), a relatively small real body at the absence, or a very small, upper wick. The color of the real body doesn’t bear much significance - it can be red (black) at the bottom of the downtrend or green (white) at the top of an uptrend. Certainly, a green body of a candlestick that flags the possible trend reversal might look more reassuring, but in reality, there have been many strong uptrends that stemmed from the hammer with the red body.
  It‘s important to know that the proper hammer pattern should have the lower wick at least twice as large as the candle’s real body; otherwise, that Forex candlestick pattern must be deemed as neutral. Also, remember that the real body of either a hammer or a hanging man must stay close or be within the upper (lower) price range.
  When this formation appears, traders say that the market is hammering out, and the reversal could be in the making. But the real essence of this candlestick pattern is best described by its Japanese name, “takuri”, which can be roughly translated as “testing the depth of the water by trying to reach for the bottom with a leg,” which makes a lot of sense when you look at its structure.
  The rule of thumb for using both these patterns is quite simple: the strength, or the reliability, of a hammer or a hanging man depends on the length of the lower wick, the size of the real body, and the presence of the absence of an upper wick and its size. The most meaningful patterns have a very long lower wick, small bodies, up to the point where they look like a dragonfly doji, and a very little or no upper wick.
  There is another hint regarding this pattern that we‘d like to share with you: when the hanging man appears at the presumed top of the uptrend, don’t rush into selling your position because the market is still running on the bullish steam, especially if the price movement is supported by the increasing volume, and there is a good chance that it would eat up the hanging man and continue pushing northward. Instead, wait for the next session to see whether the Forex market opens lower than the previous day‘s close. If that’s the case and the price drops with a considerable gap, the viability of the hanging man increases dramatically, and you can consider going short on that particular Forex pair.
  A shooting star and an inverted hammer are basically a hanging man and a hammer turned upside down that also act as the reversal patterns that emerge at the probable finale of a strong trending movement. The pattern is formed when the price of the particular Forex pair opens slightly above the close of the previous day, rallies strongly at first, but then gets pressurized by the sellers almost to the open of the trading session, thus forming the pattern with a long upper shadow, a small body, and little to no lower shadow. Please remember that the shooting star pattern can be considered as tradable only in trending markets, especially during powerful rallies, or at the top of the congestion zone. A shooting star and an inverted hammer in the ranging market has little to no significance with regard to forecasting the upcoming price movement.

2666
​Why Are 97% of Traders Knocked Down in the Forex Market?


Why will the vast majority of traders be kicked out of the forex market after trading for so long? The essential reasons for this situation are located in the inconsistency between trading rules and logic and insufficient implementation, resulting in long-term, continuous trading errors. Mistakes commonly made by traders are presented as follows:To get more news about trading strategy, you can visit wikifx.com official website.
  Chasing a surging market
  Please dont buy in because of a surging market, dramatic changes in which are indicative of numerous traps. The rational move for this is to observe the market, wait for a transient fall, and seize the opportunity to buy in.
  Chaotic logic of trading
  The trading mentality and behaviour should be continuous. The fixed logic should be relied on amid conducting the opening or closing, calculating profit points, and determining the timing of market entry or exit, thus making the behavior highly certain. Yet, it is hard for many traders to remain cool-headed, and they are prone to errors when failing to trade logically.
  Hesitation
  It is understandable that some traders prefer to add positions while others tend to stop losses in the face of mistakes in their trading. The thing is, hesitation is devastating. Please dont pin your hope of tiding over adversity on adding positions when you need to stop losses.
  As for staying in the market to trade as long as you can, it is essential for you to embark on rules and logic and strengthen implementation!
  Download WikiFX to get lessons from experts who have traded forex for over 20 years. (bit.ly/wikifxIN)


2667
US Dollar Outlook: USD Volatility to Rise with Fed Decision Due


The US Dollar had another uneventful session with the broader DXY Index little changed on Tuesday. General lack of direction for USD price action so far this week is likely due to high-impact event risk posed by the Fed announcement on tap for release tomorrow. The Federal Reserve will publish its interest rate decision Wednesday, 16 June at 18:00 GMT alongside updated economic projections and fresh dot plots from FOMC officials.To get more news about WikiFX, you can visit wikifx.com official website.
Since US Dollar outlook seemed tilted to the upside three weeks ago, we have seen the DXY Index stage a decent rebound to test the underbelly of its 50-day simple moving average. Perhaps the move is explained by traders unwinding their bearish bets and positioning for the risk of a hawkish shift in Fed policy.
  That said, potential shifts in the Fed dot plot and language around ‘substantial further progress’ will likely be major focal points for markets and where the US Dollar heads next. I suspect the odds are favorable for the Fed to announce the start of taper timeline discussions, which would stand to boost the US Dollar. The initial reaction could putter out, however, if Fed Chair Powell softens the blow with patient and confident rhetoric.
  This ‘rip-then-dip’ scenario for the US Dollar is supported by relatively muted overnight implied volatility readings. Similarly, FX options traders pricing in comparatively-low event risk for the Fed meeting points to the likelihood that the central bank will leave monetary policy largely unchanged. To that end, if the Federal Reserve opts to echo its transitory inflation narrative, there will likely be a bearish reaction by the US Dollar.




2668
5 Lessons Concluded from 3-year Trading Experience!



My name is Julia, a Russian trader. All my efforts spent in my three-year forex trading experience have ended up with failure. My lessons are summarized herein.To get more news about WikiFX, you can visit wikifx.com official website.
  1. Error in carrying out the contract entered into with a forex broker
  I was not aware of the account threshold for executing transactions and charges such as commissions at the beginning, thus failing to select a proper forex broker and spending a lot.
  Lessons are listed as follows:
  Read all terms and conditions carefully.
  Comparing terms and fees offered by different forex platforms.
  Be well-prepared through research and confirm the market and its direction.
  2. Lack of relevant knowledge and systems
  I didnt know how to execute my orders, selling out when hit by a fall and buying in when seeing a rise. Before long, I suffered a loss worth 20% of my capital.
  Lessons are presented as follows:
  Fully comprehend trading charts and understand the market.
  Pay attention to momentum indexes (MTM) amid interday trading.
  3. Changing trading systems too frequently
  I have tried at least 40 trading techniques and indicators, each of which was not used for more than a month.
  One lesson is concluded:
  Try all functions of a system at least within 4 to 8 weeks.
  4. Neglecting capital management
  Although I controlled my loss ratio, I didnt stipulate the number of trading losses in a day. In this case, my overall losses were heavy.
  Here are two lessons:
  Set the number of trades allowing to lose in a day.
  Dont breach your own capital management principles.
  5. Holding losing positions
  I became quite emotional because of losses, thus holding a transaction with the heaviest loss for nearly a week, which worsened the failure further.
  One lesson is listed:
  Stop-loss must be set.
  Download WikiFX to get lessons from experts who have traded forex for over 20 years. (bit.ly/wikifxIN)

2669
PTFX:Ponzi Scheme by IDS International: Some Ringleaders Are Arrested!


As we all know, countless illegal forex platforms engage in forex trading in disguise but pyramid schemes in fact. Traders are apt to be tempted by the fraudulently lucrative trading charts which are Ponzi schemes in essence.To get more news about Inflation, you can visit wikifx.com official website.
  IDS International was rammed into unavailable withdrawals in the wake of the meltdown and delayed withdrawals of PTFX, brutally locking margin calls for 8 days and exclusively allowing deposits. This forex platform has accumulated nearly 1.2 million dollar within a year or so!
  At present, some ringleaders involved have been arrested and sentenced, the news gladdening peoples hearts!Established in March 2019, the website was in a joint operation, a mode similar to that of PTFX. IDS International adopted the membership referral system in the beginning, activating membership by making deposits worth at least USD 1,000 on the heels of veteran member referrals, membership registration, and verification, which directly led to the relationship between old hands and novices equal to that between superior and subordinate.
  In the aftermath of PTFXs meltdown, IDS International restricted investors to withdrawals and profits. The broker even locked margin calls in a coercive manner right after an announcement, the content of which is presented as following:
  1. Transactions of all MT4 accounts submitted by members are ceased from December 19th,2019. No withdrawal is available.
  2. Trading profits arrive in the MT4 wallet of members after settlement on every Monday. Members can transfer, reinvest and withdraw these as usual (whereas the last operation can be conducted but never successful).
  As for the above-mentioned content, the excuse made by IDS International was that the trading tactics and points of profit-gaining boasted by its clients could be impacted.
  IDS International saw its membership surging to 31,354 just within the period from March 20th, 2019 to March 20th, 2020. The amounts of deposits had totaled around 1.2 million dollar by March last year.
Li Zong (escaped criminal from Singapore), in league with Huang Youhui (escaped criminal from Malaysia) and Chen Junhao (escaped criminal from Malaysia), recruited 15 core members in January 2019, including Ji, Yan, Tang, Guo, Tong and Xu. The website and APP of IDS International, funded by Li Zong, was developed and finally launched in use on January 16th, 2019.
  The membership referral system on the online platform of IDS International was indicative of being active members by making a certain amount of deposits following veteran member referrals, membership registration, and verification. The process was passed on and repeated in IDS International. Naturally, novices, registered as members, were subordinate to veterans who lured them to the platform, which constructed the hierarchical relationship. This was divided into 8 ranks based on the number of members recommended and the amounts of deposits, which were listed from high to low as OIB, SIB, DIB, PIB, MIB, IB, TR, and MEMBER, or general membership.
The Court took the view that culprits, including Li Zong, Huang Youhui and Chen Junhao, conducted the fraudulent dissemination in forms of online lectures, offline investment fairs and stuff, taking the Internet as a vehicle and the forex trusteeship as a gimmick. They claimed that at least 7% of monthly returns could be enjoyed as long as deposits were made while more investment one made and more subordinates he/she developed, higher profits he/she would embrace, ramping up members through registration after referrals and setting up the dynamic reward system for rebates, such as trading commission, contract commission, level bonus, and profit bonus, based on the number of members directly or indirectly recommended to the platform. Therefore, IDS International was deemed to have wantonly reaped profits by multi-level marketing in the manner of profiting from beginners.
  Five defendants as aforementioned in this pyramid scheme gang jointly or partially shouldered responsibilities of management, dissemination, promotion, training and the others, having convened relevant activities with the capacity of over 30 gang members and ranked among the top 3 levels. As a result, their wrongdoing constituted the crime of organizing and leading pyramid selling activities. The public prosecution organ charged the accused with the clear facts of organizing and leading pyramid selling activities, and the irrefutable and sufficient evidence, finding them guilty on all charges.


2670
Unforgivable Sinner! Tradixa!!

I live in Athens, Greece. I married and with 4 children and as an artist musician. But me and my wife we lost all our incomes since last February 2020.To get more news about Gold Price, you can visit wikifx.com official website.
  I'd like to let you know about my tragic experience with a scam broker - Tradixa!!
  It was after the middle of September 2020 that I started with them with the minimum deposit of 250€ with bonus 100€. After some days with the help of my account manager Dionisis Zervas I've made some profits and I asked him if I could take some of them to see how it works. He answered no, because I had made these profits trading in a higher level than my account and I had to deposit more money to became silver, gold, platinum, diamond or VIP member, so then I could made a withdraw..! So I made a higher deposit of 1500€and they gave me bonus 1500€. As I made profits they told me that in a few days will starts a project for two months with two stocks Amazon and Alibaba and after two months, about half of January 2021 could give a 10-12% profit as every year.
So on the beginning of November 2020, I had gave them 40000€ and got 25000€ bonus and about the middle of November I gave them another 40000€ (with 30000€ bonus) and the whole amount was 80000€ (without the bonus). When I made the last deposit they told me that in that project with Amazon and Allibaba I had to pay swaps (they had never mention about that before) and if I want to be free of them I had to put 20000€ (total 100000€) to be in a Diamond account. I told them that I didn't have more money and they told me that they could help me putting 10000€ for me and I had to put only 10000€. But I didn't have more money and the swaps increase day by day..!
  At the same time started some calls from UK and Cyprus from companies TIMARKETS and GEVERESTFX and some others but I don't remember their names. These companies told me that they want to help me take back my money from the fraud/scam company Tradixa. How did they knew about that? Maybe they are the same people..! They insist and precure me hard for many days!
It was the first time that I understood that something went wrong... I asked Tradixa to give me back my money from the first day of the deposit of the last 40000€ but they told me about the 30000€ bonus they had put in my account and they couldn't withdraw, only if I gave them another 20000€ and became in Diamond account I could whenever I want to make the withdraw.
  With hard precure according to my laywer advice by phone, emails and messages in WhatsApp, my account manager Dionisis Zervas (if it's true) left me and another account manager called Angeliki Anastasatou (if it's true..!?) started talking with me. We argued many times and she told me that since 15th of January 2021 I could made the withdrawal for about 100000€. She told me that I had to pay about 10000€ for taxes, but I told her that I don't have and she had to keep the tax from my account.
  Since then nobody call me despite my email and phone calls to their phone center. The lady in the phone told me each time: Sorry for the inconvenience and as soon as possible a representative will call you back, or your account manager.
Now I'm trying not to think about it very much me and my wife, because we have 4 children and they needs us well! We lose everything! My lawyer is working on it but I feel that it is useless..! What Tradixa did to me and my family is unforgivable!
  By checking WikiFX App, we can see that the broker is only scored 1.27. This broker is registered in UK, and currently has no valid regulatory. Please be aware of the risk!

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