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About DRA

What is Dragon Arena? Dragon Arena - a revolutionary NFT and Gamblefi project that offers a transparent, fair, and ethical Gamble-Fi. With a unique NFT dragon collection that provides passive income, Dragon Arena boasts unparalleled transparency, security, decentralization, and accessibility, all built on blockchain technology. Our mission is to establish a sustainable economic mechanism based on NFTs, creating a distinctive collection of 3D dynamic NFTs that deliver genuine value and benefits to their owners.What makes Dragon Arena different? Gambling has existed for thousands of years and has been practiced by numerous ancient civilizations. Since the advent of the Internet, online gambling has witnessed tremendous growth, and this trend is anticipated to continue as mobile connectivity throughout the world expands. Following this is the ever-increasing popularity of blockchain-based decentralized gambling applications. With that in mind, our team has decided to build Dragon Arena using blockchain technology, which will have the following advantages over traditional gambling platforms:Transparency: All transactions are recorded in a transparent and immutable ledger, increasing confidence in the fairness of the game and reducing the risk of fraud. Security: Decentralization makes the platform more secure, as there is no central point of failure for hackers to exploit. Decentralization: By operating as a DApp, Dragon Arena can be run by the community, promoting fairness and democracy. Cost savings: The use of blockchain technology can reduce transaction fees and other costs, making the platform more affordable and accessible. Accessibility: Being borderless, the platform can be accessed by anyone, promoting inclusivity and diversity. Tokenization: The creation of a proprietary cryptocurrency or token simplifies payments and reduces reliance on traditional banking infrastructure.

Dragon Arena (DRA) is a cryptocurrency launched in 2023. DRA has a current supply of 100.00M with 0 in circulation. The last known price of DRA is 0.002001125719 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://dragonarena.games/.

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Updated Aug 07, 2023 2:30 am
Dragon Arena
Mkt Cap $0
There's nothing here for now
Chinese Police Bust Underground Banking Operation Using Tether
Chinese Police Bust Underground Banking Operation Using Tether
According to CryptoPotato, Chinese law enforcement has dismantled a significant underground banking operation that used the well-known stablecoin Tether (USDT) to facilitate transfers totaling 13.8 billion yuan ($1.9 billion). The Public Security Bureau of Chengdu Municipal arrested 193 individuals associated with the case and froze 149 million yuan ($20.6 million) after raiding the operation's location. Investigations carried out by the police since 2021 revealed that the underground banking operation was led by a criminal gang with roots in the Chinese import and export business. The gang used USDT to operate a foreign exchange payment and settlement business, offering illegal services to cosmetics and drug smugglers and locals who purchased foreign assets. The gang also collaborated with other companies to fraudulently obtain tax refunds. The police discovered that USDT was used to circumvent national foreign exchange supervision, posing a risk to the country's financial security. The gang's operation is also connected to job-related crimes, smuggling of illegal goods, and financial fraud such as interfering with credit card management and defrauding export tax refunds. The Longquanyi District Branch of the Chengdu Municipal Public Security Bureau first detected the operation in November 2022 while handling a drug case that involved fund settlement through underground banks. In June 2023, the Ministry of Public Security formed a task force that raided six municipalities, including Shanghai, Changsha, Nanjing, Shenzhen, Fuzhou, and Jinhua, in search of the underground banks. The raid resulted in the arrest of 25 suspects and the confiscation of numerous payment instruments, including bank cards and U-shields. Another raid was conducted in August 2023, resulting in the arrest of 168 individuals across 26 provinces. Following these events, the Ministry of Public Security initiated a nationwide campaign against underground bank crimes. Earlier this week, the police force in Panshi City of the Jilin Province cracked another underground bank involving 2.14 billion yuan ($296 million) in cryptocurrencies and arrested six individuals, including suspects wanted for crimes in South Korea.
May 19, 2024 4:09 am

Frequently Asked Questions

  • What is the all-time high price of Dragon Arena (DRA)?

    The all-time high of DRA was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Dragon Arena (DRA) is 0. The current price of DRA is down 0% from its all-time high.

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  • How much Dragon Arena (DRA) is there in circulation?

    As of , there is currently 0 DRA in circulation. DRA has a maximum supply of 100.00M.

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  • What is the market cap of Dragon Arena (DRA)?

    The current market cap of DRA is 0. It is calculated by multiplying the current supply of DRA by its real-time market price of 0.002001125719.

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  • What is the all-time low price of Dragon Arena (DRA)?

    The all-time low of DRA was 0 , from which the coin is now up 0%. The all-time low price of Dragon Arena (DRA) is 0. The current price of DRA is up 0% from its all-time low.

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  • Is Dragon Arena (DRA) a good investment?

    Dragon Arena (DRA) has a market capitalization of $0 and is ranked #8630 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Dragon Arena (DRA) price trends and patterns to find the best time to purchase DRA.

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