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Staked Crypto – a Step-by-Step Guide for BeginnersEthereum staking has become an increasingly popular way for cryptocurrency holders to earn passive income through staking rewards. In this guide, we will walk you through the process of staking Ethereum step by step, using OkayCoin, a leading staking platform for decentralized applications, while following the best practices for staking Ethereum with your crypto assets. Let’s dive in!   What is Ethereum Staking? Before we get into the specifics of how to stake Ethereum, let’s first understand what staking actually means. Staking is the process of actively participating in transaction validation on a proof-of-stake (PoS) blockchain. This PoS blockchain operates using a consensus mechanism that incentivizes participants to validate transactions by staking cryptocurrency. By staking your Ethereum, you are essentially helping to secure the network and, in return, you receive rewards in the form of additional Ethereum. Liquid staking allows you to stake your tokens while still having access to liquidity, providing more flexibility. Crypto staking involves locking up your crypto assets to support the network and earn rewards. Staking crypto is a way to earn passive income by participating in the staking process. Cryptocurrency staking involves earning income through supporting and validating a cryptocurrency’s transactions by locking up crypto assets for a set period of time. Validators play a crucial role in validating transactions, ensuring the stability and security of the blockchain. It allows crypto owners to earn income through staking rewards, which are similar to dividends or interest on a savings account but with greater risk. The benefits of staking include potentially high interest rates and supporting the blockchain of the invested cryptocurrency. However, it also comes with challenges and risks, such as the volatility of cryptocurrency prices and the potential for loss. It is important to use a secure crypto wallet for staking to ensure the safety of your assets. To stake crypto, you need to lock up your assets in a staking pool or node for a set period of time. This process supports the blockchain network and can yield passive income, but it also involves risks like asset lock-up periods and market volatility. Proof of stake is a consensus mechanism that allows validators to validate transactions and earn rewards. Conducting thorough keyword research is crucial for understanding and targeting relevant keywords for content related to Ethereum staking. Token holders play a key role in the staking process by locking up their tokens to validate transactions and earn rewards. When you stake your crypto assets, you are contributing to the network’s security and efficiency. Staked assets are locked for a specific staking period, during which they help validate transactions. Cryptocurrency staking is a method to earn rewards by locking up your assets. To stake crypto, you need to choose a reliable platform and understand the risks involved. Choosing the right staking platform is crucial for maximizing your staking yields. A good platform will offer competitive rates and ensure the security of your staked assets. Token holders should use a secure crypto wallet to manage their staked tokens and monitor their staking rewards. Validators play a key role in validating transactions and maintaining the network’s integrity. The staking period is the duration for which your assets are locked up, during which they help validate transactions and earn rewards.   Step-by-Step Guide to Staking Ethereum Using OkayCoin: Best Practices and Staking Rewards So you’re ready to dive into the world of staking Ethereum on OkayCoin and earning staking rewards. Let’s walk through the essential steps to get you started on this exciting journey. Crypto staking involves locking up your tokens to support the network and earn rewards. Staking pools are a method where crypto traders combine their funds to have a better chance of earning staking rewards. Staking crypto offers benefits such as passive income and network security. Enter OkayCoin Before you can begin staking on OkayCoin, you need to head over to the OkayCoin website   Acquiring Ethereum for Staking Once your OkayCoin is set up, the next step is acquiring Ethereum for staking. You can purchase Ethereum from reputable cryptocurrency exchanges like Coinbase, Binance, or Kraken. Transfer the desired amount of Ethereum to your OkayCoin wallet to prepare for the staking process. Ensure you are using a secure and trusted platform for all your transactions. Additionally, consider using a keyword research tool to find relevant keywords related to Ethereum staking to optimize your content and attract more users. Understanding the concept of staked assets and the importance of the staking period is crucial, as your funds will be locked up for a certain duration to generate yields. Staking crypto involves locking up your tokens to support the network and earn rewards, offering benefits such as passive income and network security.   Navigating the Crypto Staking Process on OkayCoin Now that you have your account set up and Ethereum ready for staking, it’s time to navigate the staking process on OkayCoin. Staking crypto on OkayCoin involves using a staking platform that offers various rewards and conditions. Log in to your OkayCoin account and explore the staking section. Follow the on-screen instructions to select the amount of Ethereum you wish to stake and confirm your staking preferences. Be sure to review all the terms and conditions before finalizing your staking decisions. You also have the option to join a staking pool, which allows you to combine your funds with other traders to increase your chances of earning staking rewards. Staking pools are a method where crypto traders combine their funds to have a better chance of earning staking rewards. You can also delegate tokens to different staking pools to enhance the chances of generating blocks and receiving rewards. Staking yields are calculated based on factors like the number of validators and market conditions, and are expressed as annual percentage rates (APRs). Additionally, staked tokens can be made liquid through liquid staking, maintaining liquidity while generating liquid staking tokens (LST). Token holders play a crucial role in the staking process by locking their tokens into staking contracts or delegating them to validators to earn rewards and support the network. Proof of stake is a consensus mechanism that plays a crucial role in the staking process by selecting validators based on the number of tokens they hold and are willing to lock up as collateral. By following these steps, you’ll be well on your way to staking Ethereum on OkayCoin and earning staking rewards while exploring the world of decentralized finance. Validating transactions is an essential part of the staking process, ensuring the security and integrity of the blockchain network. Happy staking!   Conclusion Staking Ethereum Liquid can be a rewarding way to earn passive income while contributing to the security and decentralization of the blockchain network. By following the steps outlined in this guide and utilizing platforms like OkayCoin, you can start your journey into the world of Ethereum Liquid staking with confidence. Implementing these best practices can also help increase your organic traffic. Happy staking!   Sign up here to receive a $100 welcome bonus:  https://okaycoin.com For more information about how to get started with OkayCoin and make the most of the crypto summer, visit https://okaycoin.com or use media contacts.

Staked Crypto – a Step-by-Step Guide for Beginners

Ethereum staking has become an increasingly popular way for cryptocurrency holders to earn passive income through staking rewards. In this guide, we will walk you through the process of staking Ethereum step by step, using OkayCoin, a leading staking platform for decentralized applications, while following the best practices for staking Ethereum with your crypto assets. Let’s dive in!

 

What is Ethereum Staking?

Before we get into the specifics of how to stake Ethereum, let’s first understand what staking actually means. Staking is the process of actively participating in transaction validation on a proof-of-stake (PoS) blockchain. This PoS blockchain operates using a consensus mechanism that incentivizes participants to validate transactions by staking cryptocurrency. By staking your Ethereum, you are essentially helping to secure the network and, in return, you receive rewards in the form of additional Ethereum.

Liquid staking allows you to stake your tokens while still having access to liquidity, providing more flexibility.

Crypto staking involves locking up your crypto assets to support the network and earn rewards. Staking crypto is a way to earn passive income by participating in the staking process.

Cryptocurrency staking involves earning income through supporting and validating a cryptocurrency’s transactions by locking up crypto assets for a set period of time. Validators play a crucial role in validating transactions, ensuring the stability and security of the blockchain. It allows crypto owners to earn income through staking rewards, which are similar to dividends or interest on a savings account but with greater risk. The benefits of staking include potentially high interest rates and supporting the blockchain of the invested cryptocurrency. However, it also comes with challenges and risks, such as the volatility of cryptocurrency prices and the potential for loss. It is important to use a secure crypto wallet for staking to ensure the safety of your assets.

To stake crypto, you need to lock up your assets in a staking pool or node for a set period of time. This process supports the blockchain network and can yield passive income, but it also involves risks like asset lock-up periods and market volatility. Proof of stake is a consensus mechanism that allows validators to validate transactions and earn rewards. Conducting thorough keyword research is crucial for understanding and targeting relevant keywords for content related to Ethereum staking.

Token holders play a key role in the staking process by locking up their tokens to validate transactions and earn rewards.

When you stake your crypto assets, you are contributing to the network’s security and efficiency. Staked assets are locked for a specific staking period, during which they help validate transactions. Cryptocurrency staking is a method to earn rewards by locking up your assets. To stake crypto, you need to choose a reliable platform and understand the risks involved.

Choosing the right staking platform is crucial for maximizing your staking yields. A good platform will offer competitive rates and ensure the security of your staked assets. Token holders should use a secure crypto wallet to manage their staked tokens and monitor their staking rewards.

Validators play a key role in validating transactions and maintaining the network’s integrity. The staking period is the duration for which your assets are locked up, during which they help validate transactions and earn rewards.

 

Step-by-Step Guide to Staking Ethereum Using OkayCoin: Best Practices and Staking Rewards

So you’re ready to dive into the world of staking Ethereum on OkayCoin and earning staking rewards. Let’s walk through the essential steps to get you started on this exciting journey.

Crypto staking involves locking up your tokens to support the network and earn rewards. Staking pools are a method where crypto traders combine their funds to have a better chance of earning staking rewards. Staking crypto offers benefits such as passive income and network security.

Enter OkayCoin

Before you can begin staking on OkayCoin, you need to head over to the OkayCoin website

 

Acquiring Ethereum for Staking

Once your OkayCoin is set up, the next step is acquiring Ethereum for staking. You can purchase Ethereum from reputable cryptocurrency exchanges like Coinbase, Binance, or Kraken. Transfer the desired amount of Ethereum to your OkayCoin wallet to prepare for the staking process. Ensure you are using a secure and trusted platform for all your transactions. Additionally, consider using a keyword research tool to find relevant keywords related to Ethereum staking to optimize your content and attract more users. Understanding the concept of staked assets and the importance of the staking period is crucial, as your funds will be locked up for a certain duration to generate yields. Staking crypto involves locking up your tokens to support the network and earn rewards, offering benefits such as passive income and network security.

 

Navigating the Crypto Staking Process on OkayCoin

Now that you have your account set up and Ethereum ready for staking, it’s time to navigate the staking process on OkayCoin. Staking crypto on OkayCoin involves using a staking platform that offers various rewards and conditions. Log in to your OkayCoin account and explore the staking section. Follow the on-screen instructions to select the amount of Ethereum you wish to stake and confirm your staking preferences. Be sure to review all the terms and conditions before finalizing your staking decisions. You also have the option to join a staking pool, which allows you to combine your funds with other traders to increase your chances of earning staking rewards. Staking pools are a method where crypto traders combine their funds to have a better chance of earning staking rewards. You can also delegate tokens to different staking pools to enhance the chances of generating blocks and receiving rewards. Staking yields are calculated based on factors like the number of validators and market conditions, and are expressed as annual percentage rates (APRs). Additionally, staked tokens can be made liquid through liquid staking, maintaining liquidity while generating liquid staking tokens (LST). Token holders play a crucial role in the staking process by locking their tokens into staking contracts or delegating them to validators to earn rewards and support the network. Proof of stake is a consensus mechanism that plays a crucial role in the staking process by selecting validators based on the number of tokens they hold and are willing to lock up as collateral.

By following these steps, you’ll be well on your way to staking Ethereum on OkayCoin and earning staking rewards while exploring the world of decentralized finance. Validating transactions is an essential part of the staking process, ensuring the security and integrity of the blockchain network. Happy staking!

 

Conclusion

Staking Ethereum Liquid can be a rewarding way to earn passive income while contributing to the security and decentralization of the blockchain network. By following the steps outlined in this guide and utilizing platforms like OkayCoin, you can start your journey into the world of Ethereum Liquid staking with confidence. Implementing these best practices can also help increase your organic traffic. Happy staking!

 

Sign up here to receive a $100 welcome bonus:  https://okaycoin.com

For more information about how to get started with OkayCoin and make the most of the crypto summer, visit https://okaycoin.com or use media contacts.
Bitget Announces PoolX Listing of IO Net (IO) to Boost Decentralized ML Application DevelopmentVictoria, Seychelles, June 11th, 2024, Chainwire Bitget, the leading cryptocurrency exchange and Web3 company, is excited to announce the latest offering on its PoolX staking platform: IO Net (IO). This listing marks another step forward in Bitget’s mission to provide innovative and high-yield opportunities for its users. IO Net is a decentralized computing network that supports the development, execution, and scaling of machine learning (ML) applications on the Solana blockchain. By leveraging the world’s largest GPU cluster, IO Net allows ML engineers to access distributed cloud service computing power at a fraction of the cost of centralized services. With a verified node count of 52,981 and an anticipated airdrop reaching at least 50,000 participants, IO Net aims to revolutionize the landscape of AI computing. Since its inception, IO Net has raised $30 million in funding, led by Hack VC and backed by prominent investors such as Multicoin Capital, 6th Man Ventures, M13, Delphi Digital, Solana Labs, Aptos Labs, and Animoca Brands. This funding will support the development of the largest decentralized GPU network to address the global shortage of AI computing resources. IO has a fixed supply of 800 million tokens, with 300 million tokens gradually emitted for suppliers and stakers who contribute to io.net‘s decentralized AI computing network. Rewards will be distributed over a 20-year period, starting with an 8% deflation rate in the first year and decreasing gradually until the 800 million cap is reached. Through PoolX of Bitget, the IO token can enlarge the distribution of IO to a larger community, thereby promoting the decentralization of the network. PoolX, Bitget’s cutting-edge staking platform, continues to revolutionize the crypto landscape by distributing rewards hourly based on staked amounts. Unlike most decentralized staking products, PoolX allows users to potentially earn popular tokens by staking stable and trusted cryptocurrencies such as BGB, BTC, ETH and USDT. Since its debut on April 8, PoolX has launched over 20 high-profile projects, offering an annual percentage rate (APR) ranging from 10% to 45%, enabling users to potentially accumulate substantial earnings within the high upper staking limit. With IO Net’s listing on PoolX, Bitget users can now stake their mainstream cryptocurrencies and potentially earn IO tokens, contributing to the growth of decentralized machine learning solutions. This new listing underscores Bitget’s commitment to offering innovative financial products that cater to the evolving needs of the crypto community. About Bitget Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. For more information, users can visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet Contact PR teammedia@bitget.com

Bitget Announces PoolX Listing of IO Net (IO) to Boost Decentralized ML Application Development

Victoria, Seychelles, June 11th, 2024, Chainwire

Bitget, the leading cryptocurrency exchange and Web3 company, is excited to announce the latest offering on its PoolX staking platform: IO Net (IO). This listing marks another step forward in Bitget’s mission to provide innovative and high-yield opportunities for its users.

IO Net is a decentralized computing network that supports the development, execution, and scaling of machine learning (ML) applications on the Solana blockchain. By leveraging the world’s largest GPU cluster, IO Net allows ML engineers to access distributed cloud service computing power at a fraction of the cost of centralized services. With a verified node count of 52,981 and an anticipated airdrop reaching at least 50,000 participants, IO Net aims to revolutionize the landscape of AI computing.

Since its inception, IO Net has raised $30 million in funding, led by Hack VC and backed by prominent investors such as Multicoin Capital, 6th Man Ventures, M13, Delphi Digital, Solana Labs, Aptos Labs, and Animoca Brands. This funding will support the development of the largest decentralized GPU network to address the global shortage of AI computing resources.

IO has a fixed supply of 800 million tokens, with 300 million tokens gradually emitted for suppliers and stakers who contribute to io.net‘s decentralized AI computing network. Rewards will be distributed over a 20-year period, starting with an 8% deflation rate in the first year and decreasing gradually until the 800 million cap is reached. Through PoolX of Bitget, the IO token can enlarge the distribution of IO to a larger community, thereby promoting the decentralization of the network.

PoolX, Bitget’s cutting-edge staking platform, continues to revolutionize the crypto landscape by distributing rewards hourly based on staked amounts. Unlike most decentralized staking products, PoolX allows users to potentially earn popular tokens by staking stable and trusted cryptocurrencies such as BGB, BTC, ETH and USDT. Since its debut on April 8, PoolX has launched over 20 high-profile projects, offering an annual percentage rate (APR) ranging from 10% to 45%, enabling users to potentially accumulate substantial earnings within the high upper staking limit.

With IO Net’s listing on PoolX, Bitget users can now stake their mainstream cryptocurrencies and potentially earn IO tokens, contributing to the growth of decentralized machine learning solutions. This new listing underscores Bitget’s commitment to offering innovative financial products that cater to the evolving needs of the crypto community.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.

For more information, users can visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

Contact

PR teammedia@bitget.com
Investors Pile on the Huge Returns on Ethena, FLOKI, and Milei Moneda ($MEDA) TLDR  Ethena Labs’ USDe adoption propels Ethena (ENA) to become the fourth-largest stablecoin, sparking a 40% price surge. FLOKI reaches a new all-time high with a 90% increase, boosted by a $12 million investment from DFW Labs. Milei Moneda ($MEDA) gains traction with a promising presale and potential 50x price increase. Recent developments have pushed Ethena (ENA), FLOKI, and Milei Moneda ($MEDA) into the spotlight as they shine as top picks for investors seeking huge returns in crypto. As these tokens continue to make notable and strategic moves, market analysts are highlighting their potential for great heights in 2024!  Join the Milei Moneda Presale Here   ENA Prepares for a Takeoff as Ethena Labs’ USDe Becomes the Top Stablecoin  Ethena recently made the crypto news headlines as Ethena Labs’ USDe saw remarkable community adoption. This massive usage has led to the token ranking as the fourth-largest stablecoin by crypto market cap. The token’s supply has exceeded $3 billion surpassing Solana’s entire blockchain in generating revenue. Ethena Labs’ USDe market cap now stands higher than Binance’s favored FDUSD stablecoin. This has generated a lot of buzz in the market as many expect it will ignite a significant price rally for ENA.  Already, ENA is moving at an impressive upward trajectory, recording more than a 40% price pump. At this rate, market experts predict that ENA will hit the $1 mark in the coming weeks.    Floki Inu Soars on $12 Million Investment: How High Can it Go?  Like Ethena, Floki Inu has also made the headlines after achieving a significant milestone by reaching a new ATH. The altcoin made a whopping 90% in the last 30 days, exceeding the price performance of some major top altcoins.  This impressive surge was ignited by a substantial $12 million investment by Web3 investor and crypto market maker DFW Labs. With this major increase, Floki now ranks as the largest memecoin on the BNB Chain.  As a result of its notable price increase, Floki has garnered significant attention in the crypto community. Due to the notable amount invested in supporting the project and the token’s positive performance so far, analysts predict that Floki has the potential to maintain its impressive performance in the coming months. Investors are now monitoring the memecoin as price projections show a potential 20x surge during Q3 of 2024.    Next Big Memecoin: $MEDA Gains Traction Amongst Investors Just as investors remain increasingly bullish on Ethena and Floki, Milei Moneda has distinguished itself as one of the best altcoins to buy amongst leading DeFi projects in 2024. Milei Moneda is a true memecoin in the cryptocurrency market inspired by Javier Milei, a staunch supporter of economic freedom and decentralized finance. The memecoin is attracting attention due to its meme-centric approach, family-community, and its combination of humor, blockchain technology and politics. Milei Moneda also offers the coolest NFTs and a deflationary token model. This protects investors from the negative effects of huge dumps in the cryptocurrency market. Currently, in Stage 3 of its presale, $MEDA tokens are being sold at $0.015 and are expected to be sold at $0.020 when it launches, guaranteeing investors a 33% profit. With over 100 million tokens sold, investors remain optimistic as analysts are suggesting a 50x price increase before the end of Q4 2024. Got $MEDA curiosity? Visit us or chat on Telegram for the inside scoop. Fast, fun, and informative!

Investors Pile on the Huge Returns on Ethena, FLOKI, and Milei Moneda ($MEDA)

TLDR 

Ethena Labs’ USDe adoption propels Ethena (ENA) to become the fourth-largest stablecoin, sparking a 40% price surge.

FLOKI reaches a new all-time high with a 90% increase, boosted by a $12 million investment from DFW Labs.

Milei Moneda ($MEDA) gains traction with a promising presale and potential 50x price increase.

Recent developments have pushed Ethena (ENA), FLOKI, and Milei Moneda ($MEDA) into the spotlight as they shine as top picks for investors seeking huge returns in crypto. As these tokens continue to make notable and strategic moves, market analysts are highlighting their potential for great heights in 2024! 

Join the Milei Moneda Presale Here

 

ENA Prepares for a Takeoff as Ethena Labs’ USDe Becomes the Top Stablecoin 

Ethena recently made the crypto news headlines as Ethena Labs’ USDe saw remarkable community adoption. This massive usage has led to the token ranking as the fourth-largest stablecoin by crypto market cap.

The token’s supply has exceeded $3 billion surpassing Solana’s entire blockchain in generating revenue. Ethena Labs’ USDe market cap now stands higher than Binance’s favored FDUSD stablecoin. This has generated a lot of buzz in the market as many expect it will ignite a significant price rally for ENA. 

Already, ENA is moving at an impressive upward trajectory, recording more than a 40% price pump. At this rate, market experts predict that ENA will hit the $1 mark in the coming weeks. 

 

Floki Inu Soars on $12 Million Investment: How High Can it Go? 

Like Ethena, Floki Inu has also made the headlines after achieving a significant milestone by reaching a new ATH. The altcoin made a whopping 90% in the last 30 days, exceeding the price performance of some major top altcoins. 

This impressive surge was ignited by a substantial $12 million investment by Web3 investor and crypto market maker DFW Labs. With this major increase, Floki now ranks as the largest memecoin on the BNB Chain. 

As a result of its notable price increase, Floki has garnered significant attention in the crypto community. Due to the notable amount invested in supporting the project and the token’s positive performance so far, analysts predict that Floki has the potential to maintain its impressive performance in the coming months. Investors are now monitoring the memecoin as price projections show a potential 20x surge during Q3 of 2024. 

 

Next Big Memecoin: $MEDA Gains Traction Amongst Investors

Just as investors remain increasingly bullish on Ethena and Floki, Milei Moneda has distinguished itself as one of the best altcoins to buy amongst leading DeFi projects in 2024.

Milei Moneda is a true memecoin in the cryptocurrency market inspired by Javier Milei, a staunch supporter of economic freedom and decentralized finance. The memecoin is attracting attention due to its meme-centric approach, family-community, and its combination of humor, blockchain technology and politics.

Milei Moneda also offers the coolest NFTs and a deflationary token model. This protects investors from the negative effects of huge dumps in the cryptocurrency market.

Currently, in Stage 3 of its presale, $MEDA tokens are being sold at $0.015 and are expected to be sold at $0.020 when it launches, guaranteeing investors a 33% profit.

With over 100 million tokens sold, investors remain optimistic as analysts are suggesting a 50x price increase before the end of Q4 2024.

Got $MEDA curiosity? Visit us or chat on Telegram for the inside scoop. Fast, fun, and informative!
SubQuery Network Launches First Decentralized RPCs for Polkadot and KusamaSingapore City, Singapore, June 11th, 2024, Chainwire Web3 infrastructure provider SubQuery Network has announced the launch of two new RPCs for the Polkadot ecosystem. Available for Polkadot and Kusama, they are the first decentralized RPCs to be made available on the Substrate-based networks. SubQuery provides web3 infrastructure for almost 200 networks. The SubQuery Network is a globally distributed network of decentralized indexers and RPC providers. These allow dapps to access fast and reliable blockchain data on demand without introducing centralized points of control. Teams building on Polkadot and Kusama can now utilize SubQuery’s decentralized RPC (Remote Procedure Call) nodes following their deployment. SubQuery COO James Bayly said: “We are thrilled to be the first to provide decentralized RPCs for Polkadot on the SubQuery Network. Our node operators are already running RPCs and other nodes in multiple ecosystems, and, having emerged from the Polkadot ecosystem, we’re ideally placed to support Polkadot developers with their infrastructure.” The Polkadot RPCs that have been deployed for the Polkadot relay chain and Kusama are operated by more than 30 independent Node Operators. The provision of decentralized RPCs is integral to enabling blockchain projects to operate efficiently and draw data from multiple sources. RPCs are pivotal for communication between blockchain nodes and external entities, facilitating data retrieval, smart contract interactions, and transaction submissions. The availability of decentralized RPCs frees dapps from reliance on centralized middleware with the risks this entails. SubQuery Network’s decentralized RPCs facilitate secure and efficient web3 communication. This capability underpins the robust and transparent operations that are essential for the success of DePINs.  SubQuery started out within the Polkadot ecosystem, releasing an indexer capable of connecting to its unique multi-chain architecture. It’s since expanded to incorporate hundreds of networks, making it a leading indexer of web3 data based on chain support. About SubQuery SubQuery has pioneered fast, flexible, and scalable infrastructure to power web3. SubQuery Network provides indexed data to the global community in an incentivized and verifiable way. Its infrastructure plays a critical part in helping web3 transition to an open, efficient and user-centric future. Learn more: Official Website | Twitter Contact Head of Business DevelopmentMarta Adamczykstart@SubQuery.Network

SubQuery Network Launches First Decentralized RPCs for Polkadot and Kusama

Singapore City, Singapore, June 11th, 2024, Chainwire

Web3 infrastructure provider SubQuery Network has announced the launch of two new RPCs for the Polkadot ecosystem. Available for Polkadot and Kusama, they are the first decentralized RPCs to be made available on the Substrate-based networks.

SubQuery provides web3 infrastructure for almost 200 networks. The SubQuery Network is a globally distributed network of decentralized indexers and RPC providers. These allow dapps to access fast and reliable blockchain data on demand without introducing centralized points of control. Teams building on Polkadot and Kusama can now utilize SubQuery’s decentralized RPC (Remote Procedure Call) nodes following their deployment.

SubQuery COO James Bayly said: “We are thrilled to be the first to provide decentralized RPCs for Polkadot on the SubQuery Network. Our node operators are already running RPCs and other nodes in multiple ecosystems, and, having emerged from the Polkadot ecosystem, we’re ideally placed to support Polkadot developers with their infrastructure.”

The Polkadot RPCs that have been deployed for the Polkadot relay chain and Kusama are operated by more than 30 independent Node Operators. The provision of decentralized RPCs is integral to enabling blockchain projects to operate efficiently and draw data from multiple sources.

RPCs are pivotal for communication between blockchain nodes and external entities, facilitating data retrieval, smart contract interactions, and transaction submissions. The availability of decentralized RPCs frees dapps from reliance on centralized middleware with the risks this entails. SubQuery Network’s decentralized RPCs facilitate secure and efficient web3 communication. This capability underpins the robust and transparent operations that are essential for the success of DePINs. 

SubQuery started out within the Polkadot ecosystem, releasing an indexer capable of connecting to its unique multi-chain architecture. It’s since expanded to incorporate hundreds of networks, making it a leading indexer of web3 data based on chain support.

About SubQuery

SubQuery has pioneered fast, flexible, and scalable infrastructure to power web3. SubQuery Network provides indexed data to the global community in an incentivized and verifiable way. Its infrastructure plays a critical part in helping web3 transition to an open, efficient and user-centric future.

Learn more: Official Website | Twitter

Contact

Head of Business DevelopmentMarta Adamczykstart@SubQuery.Network
Meter Network Announces a Major 40% of Total $MTRG Supply BurnPalo Alto, California, June 11th, 2024, Chainwire Meter, a high-performance, single-state, EVM-compatible blockchain has announced a significant token burn of 30 million $MTRG tokens. The move, approved by the Meter community through a transparent governance process, aims to enhance the long-term value and stability of the Meter ecosystem. The token burn is set to take place on June 17 and will reduce the fully diluted valuation (FDV) of $MTRG by approximately 40%, while increasing the market cap-to-FDV ratio to over 75%. As the burn will come from unreleased tokens, it will not have a direct impact on the circulating supply or the token price. “The token burn is a testament to our commitment to the Meter ecosystem and our community,” said Xiaohan Zhu, CoFounder of Meter. “This reduction in the total supply of $MTRG will create a more robust and valuable network for all the ecosystem participants.” The decision follows extensive forum discussions and a subsequent proposal that was voted on by community members and token-holders. The process underscores the Meter Foundation’s unerring dedication to transparent governance and active community participation. “This burn was the result of thorough discussion on various approaches within the community.  We are excited to see everyone’s enthusiastic support for the project and  participation in the governance process,” said Xiaohan. “We are confident that it will enhance the long-term value and utility of $MTRG.” Originally, the total supply of the Meter Network’s native token was set at 70 million. Post-burn, the total supply will equal the current circulating supply of 40 million, with no further token releases planned except the emissions to incentivize security of the network and promote decentralization. While a lot of recent projects and their low float, high FDV model has provoked a backlash from the wider crypto community, this move could potentially make the Meter ecosystem more attractive to a broader range of investors by promoting greater market stability. About Meter Network Meter is an open-source platform with Freedom and Fairness as the first principle. Highly decentralized, censorship- and MEV-resistant, and lightning fast, its native metastable coin completes Satoshi’s vision of a sound money independent of the fiat system. Projects built on Meter’s high-performance blockchain include exchanges, wallets, bridges, oracles, games, and other assorted decentralized applications, tools and services. Website | Telegram | X | Discord | Medium Contact Aloinfo@meter.io

Meter Network Announces a Major 40% of Total $MTRG Supply Burn

Palo Alto, California, June 11th, 2024, Chainwire

Meter, a high-performance, single-state, EVM-compatible blockchain has announced a significant token burn of 30 million $MTRG tokens. The move, approved by the Meter community through a transparent governance process, aims to enhance the long-term value and stability of the Meter ecosystem.

The token burn is set to take place on June 17 and will reduce the fully diluted valuation (FDV) of $MTRG by approximately 40%, while increasing the market cap-to-FDV ratio to over 75%. As the burn will come from unreleased tokens, it will not have a direct impact on the circulating supply or the token price.

“The token burn is a testament to our commitment to the Meter ecosystem and our community,” said Xiaohan Zhu, CoFounder of Meter. “This reduction in the total supply of $MTRG will create a more robust and valuable network for all the ecosystem participants.”

The decision follows extensive forum discussions and a subsequent proposal that was voted on by community members and token-holders. The process underscores the Meter Foundation’s unerring dedication to transparent governance and active community participation.

“This burn was the result of thorough discussion on various approaches within the community.  We are excited to see everyone’s enthusiastic support for the project and  participation in the governance process,” said Xiaohan. “We are confident that it will enhance the long-term value and utility of $MTRG.”

Originally, the total supply of the Meter Network’s native token was set at 70 million. Post-burn, the total supply will equal the current circulating supply of 40 million, with no further token releases planned except the emissions to incentivize security of the network and promote decentralization.

While a lot of recent projects and their low float, high FDV model has provoked a backlash from the wider crypto community, this move could potentially make the Meter ecosystem more attractive to a broader range of investors by promoting greater market stability.

About Meter Network

Meter is an open-source platform with Freedom and Fairness as the first principle. Highly decentralized, censorship- and MEV-resistant, and lightning fast, its native metastable coin completes Satoshi’s vision of a sound money independent of the fiat system. Projects built on Meter’s high-performance blockchain include exchanges, wallets, bridges, oracles, games, and other assorted decentralized applications, tools and services.

Website | Telegram | X | Discord | Medium

Contact

Aloinfo@meter.io
Uniswap Labs Supercharges Gaming Portfolio With Acquisition of ‘Crypto: the Game’Uniswap Labs made a significant move into the blockchain gaming industry with its recent acquisition of ‘Crypto: The Game’ (CTG), an on-chain survival game.  Notably, the second season of CTG witnessed unprecedented success, with all 800 available spots selling out within a mere 13 minutes. Recognizing the game’s popularity among both the core crypto community and outsiders, Uniswap Labs announced the acquisition on Monday. Uniswap Labs And CTG Founders Team Up In a statement to Fortune, Mary-Catherine Lader, Chief Operating Officer at Uniswap Labs, expressed excitement about the acquisition, saying,  “We’ve seen CTG generate a ton of excitement, and Uniswap is focused on making on-chain experiences more human and fun.”  While the exact purchase amount remains undisclosed, it involves a combination of cash, tokens, and equity. Under the terms of the acquisition, the founders of CTG, Dylan Abruscato, Tyler Cagle, and Bryan Lee, will join the Uniswap team.  Together, they are currently collaborating on the development of season three while exploring new interactive crypto experiences for consumers.  Importantly, the game will not simply become a promotional platform for Uniswap’s wallet or exchange, as clarified by the companies during a conference call. Dylan Abruscato, co-founder of Crypto The Game, expressed enthusiasm about the support from Uniswap Labs, stating, “Now we have the full force of Uniswap Labs behind us, we think that’s going to help us make season three the best one yet.”  Convergence Of Gaming And Crypto Communities? Inspired by popular TV shows like Survivor and Squid Game, CTG’s first two seasons followed a format where contestants purchased 0.1 Ethereum (ETH) (approximately $367) to join one of ten tribes consisting of 80 players.  Over the course of ten days, participants engaged in daily challenges voted each other out and ultimately competed for a grand prize.  Season one saw a Japanese player claim a pot of over $150,000, while the prize pool grew to around $250,000 in season two. Uniswap Labs sponsored a challenge during season two, joining forces with partners such as Adidas and Wormhole. This sponsorship reportedly provided Uniswap with valuable insights into the game’s ability to attract new users to the world of crypto.  According to Fortune Magazine, CTG has gained a “cult-like” following within the crypto community, with enthusiasts closely following the game’s developments through various platforms, including podcasts and media outlets. Dylan Abruscato emphasized the diverse fan base of CTG, which comprises crypto Twitter enthusiasts, venture capitalists, founders, and influential figures like 3LAU, Packy McCormick, Jesse Pollak, and Bored Elon.  Significantly, the game has also managed to captivate “normies” (individuals new to crypto) who make up about 10%–15% of the audience, presenting an opportunity to onboard new users into the world of decentralized finance (DeFi). Although the precise number of viewers during the previous season remains unknown, CTG recorded approximately 50,000 unique visitors to its website over the ten-day gameplay period.  Dylan Abruscato described the game as a “24/7 crypto reality show” with villain arcs, drama, and fan favorites, which has become a spectacle within the crypto community. Currently, the UNI token is trading at $10.29, showcasing a significant 4.5% price increase subsequent to the announcement of the acquisition.  Moreover, the token has experienced a remarkable 7% surge in the past week alone, contributing to its overall upward trend observed over the last month, which has resulted in an impressive 45% price increase. Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Uniswap Labs Supercharges Gaming Portfolio With Acquisition of ‘Crypto: the Game’

Uniswap Labs made a significant move into the blockchain gaming industry with its recent acquisition of ‘Crypto: The Game’ (CTG), an on-chain survival game. 

Notably, the second season of CTG witnessed unprecedented success, with all 800 available spots selling out within a mere 13 minutes. Recognizing the game’s popularity among both the core crypto community and outsiders, Uniswap Labs announced the acquisition on Monday.

Uniswap Labs And CTG Founders Team Up

In a statement to Fortune, Mary-Catherine Lader, Chief Operating Officer at Uniswap Labs, expressed excitement about the acquisition, saying, 

“We’ve seen CTG generate a ton of excitement, and Uniswap is focused on making on-chain experiences more human and fun.” 

While the exact purchase amount remains undisclosed, it involves a combination of cash, tokens, and equity.

Under the terms of the acquisition, the founders of CTG, Dylan Abruscato, Tyler Cagle, and Bryan Lee, will join the Uniswap team. 

Together, they are currently collaborating on the development of season three while exploring new interactive crypto experiences for consumers. 

Importantly, the game will not simply become a promotional platform for Uniswap’s wallet or exchange, as clarified by the companies during a conference call.

Dylan Abruscato, co-founder of Crypto The Game, expressed enthusiasm about the support from Uniswap Labs, stating, “Now we have the full force of Uniswap Labs behind us, we think that’s going to help us make season three the best one yet.” 

Convergence Of Gaming And Crypto Communities?

Inspired by popular TV shows like Survivor and Squid Game, CTG’s first two seasons followed a format where contestants purchased 0.1 Ethereum (ETH) (approximately $367) to join one of ten tribes consisting of 80 players. 

Over the course of ten days, participants engaged in daily challenges voted each other out and ultimately competed for a grand prize. 

Season one saw a Japanese player claim a pot of over $150,000, while the prize pool grew to around $250,000 in season two.

Uniswap Labs sponsored a challenge during season two, joining forces with partners such as Adidas and Wormhole. This sponsorship reportedly provided Uniswap with valuable insights into the game’s ability to attract new users to the world of crypto. 

According to Fortune Magazine, CTG has gained a “cult-like” following within the crypto community, with enthusiasts closely following the game’s developments through various platforms, including podcasts and media outlets.

Dylan Abruscato emphasized the diverse fan base of CTG, which comprises crypto Twitter enthusiasts, venture capitalists, founders, and influential figures like 3LAU, Packy McCormick, Jesse Pollak, and Bored Elon. 

Significantly, the game has also managed to captivate “normies” (individuals new to crypto) who make up about 10%–15% of the audience, presenting an opportunity to onboard new users into the world of decentralized finance (DeFi).

Although the precise number of viewers during the previous season remains unknown, CTG recorded approximately 50,000 unique visitors to its website over the ten-day gameplay period. 

Dylan Abruscato described the game as a “24/7 crypto reality show” with villain arcs, drama, and fan favorites, which has become a spectacle within the crypto community.

Currently, the UNI token is trading at $10.29, showcasing a significant 4.5% price increase subsequent to the announcement of the acquisition. 

Moreover, the token has experienced a remarkable 7% surge in the past week alone, contributing to its overall upward trend observed over the last month, which has resulted in an impressive 45% price increase.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Ethereum (ETH) Price Downward Drift: Decline Resumes AgainEthereum (ETH) price failed to clear the $3,720 resistance. ETH declined again and is now at risk of more losses below the $3,550 support zone. Ethereum started a fresh decline from the $3,720 resistance zone. The price is trading below $3,650 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $3,680 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if there is a close below the $3,550 support. Ethereum (ETH) Price Dips Again Ethereum price attempted a decent increase above the $3,650 resistance zone. ETH even spiked above $3,700 but the bears were active.  A high was formed at $3,710 and the price started a fresh decline. There was a sharp decline below the $3,660 and $3,650 levels. A low was formed near $3,565 and the price is now consolidating losses, like Bitcoin. Ethereum is now trading below $3,650 and the 100-hourly Simple Moving Average. If there is a fresh increase or a recovery wave, the price might face resistance near the 23.6% Fib retracement level of the downward move from the $3,710 swing high to the $3,565 low. The first major resistance is near the $3,640 level. There is also a key bearish trend line forming with resistance near $3,680 on the hourly chart of ETH/USD. The trend line is close to the 61.8% Fib retracement level of the downward move from the $3,710 swing high to the $3,565 low. An upside break above the $3,680 resistance might send the price higher. The next key resistance sits at $3,720, above which the price might gain traction and rise toward the $3,750 level.  ETH Price Chart | Source: Coinstats   If the bulls push Ether above the $3,750 level, the price might rise and test the $3,800 resistance. Any more gains could send Ether toward the $3,880 resistance zone. More Losses In ETH? If Ethereum fails to clear the $3,650 resistance, it could continue to move down. Initial support on the downside is near $3,550. The next major support is near the $3,520 zone. The main support sits at $3,500. A clear move below the $3,500 support might push the price toward $3,320. Any more losses might send the price toward the $3,250 level in the near term. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,550 Major Resistance Level – $3,650 Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Ethereum (ETH) Price Downward Drift: Decline Resumes Again

Ethereum (ETH) price failed to clear the $3,720 resistance. ETH declined again and is now at risk of more losses below the $3,550 support zone.

Ethereum started a fresh decline from the $3,720 resistance zone.

The price is trading below $3,650 and the 100-hourly Simple Moving Average.

There is a key bearish trend line forming with resistance near $3,680 on the hourly chart of ETH/USD (data feed via Kraken).

The pair could extend losses if there is a close below the $3,550 support.

Ethereum (ETH) Price Dips Again

Ethereum price attempted a decent increase above the $3,650 resistance zone. ETH even spiked above $3,700 but the bears were active. 

A high was formed at $3,710 and the price started a fresh decline. There was a sharp decline below the $3,660 and $3,650 levels.

A low was formed near $3,565 and the price is now consolidating losses, like Bitcoin. Ethereum is now trading below $3,650 and the 100-hourly Simple Moving Average.

If there is a fresh increase or a recovery wave, the price might face resistance near the 23.6% Fib retracement level of the downward move from the $3,710 swing high to the $3,565 low. The first major resistance is near the $3,640 level.

There is also a key bearish trend line forming with resistance near $3,680 on the hourly chart of ETH/USD. The trend line is close to the 61.8% Fib retracement level of the downward move from the $3,710 swing high to the $3,565 low.

An upside break above the $3,680 resistance might send the price higher. The next key resistance sits at $3,720, above which the price might gain traction and rise toward the $3,750 level. 

ETH Price Chart | Source: Coinstats

 

If the bulls push Ether above the $3,750 level, the price might rise and test the $3,800 resistance. Any more gains could send Ether toward the $3,880 resistance zone.

More Losses In ETH?

If Ethereum fails to clear the $3,650 resistance, it could continue to move down. Initial support on the downside is near $3,550. The next major support is near the $3,520 zone.

The main support sits at $3,500. A clear move below the $3,500 support might push the price toward $3,320. Any more losses might send the price toward the $3,250 level in the near term.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone.

Hourly RSI – The RSI for ETH/USD is now below the 50 zone.

Major Support Level – $3,550

Major Resistance Level – $3,650

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Mysterious XRP Withdrawals From Binance Into Unknown Wallet Continue – Millions of XRP Go AwayMassive multi-million XRP withdrawals from Binance into an unknown wallet continue, according to recent report. According to data shared with the crypto community by the prominent blockchain tracking service Whale Alert, Binance has seen yet another massive XRP chunk leave its wallet for a blockchain address that belongs to an anonymous whale. 30,406,274 #XRP (15,073,991 USD) transferred from #Binance to unknown wallethttps://t.co/Rvtp3P9F4F — Whale Alert (@whale_alert) June 10, 2024 The XRP community started actively discussing this transfer in the comments, speculating as to the goal of this transaction and its destination. In the meantime, XRP has so far failed to recover after the enormous plunge it saw on Friday. 30.4 Million XRP On Move From Binance Over an hour ago, the aforementioned data source spread the word about an astounding XRP transaction made from a Binance wallet to a blockchain address with an unregistered owner. The anonymous whale made a withdrawal of 30,406,274 XRP in total. This amount of crypto is valued at $15,073,991. The community started a heated discussion in the comments, pondering as to the nature of this transaction – the identity of the whale who initiated it and the destination the XRP chunk was sent to. Overall, XRP users remain bullish on the Ripple-affiliated cryptocurrency, and some even expect it to make a bullish breakout this week. One commentator suggested that the anonymous recipient of this transfer could be a bank. This transaction indeed seems like a purchase that could be made by a financial institution or a private cryptocurrency investor. It should be noted that these large XRP transfers from the world’s largest crypto exchange to unknown wallets have been going on for several months now, as Whale Alert has been reporting on them every week, several times a week.  Still, data shared by the Bithomp XRP-focused data platform shows that this massive transaction was sent from Binance to a crypto wallet that also belongs to Binance, removing the mystery and turning this transfer into a funds redistribution made by the crypto trading platform between its wallets. XRP Price Performance Since Friday, XRP has lost slightly more than 6% of its price. On Friday, XRP faced a 7% price drop, printing three consecutive red candles on an hourly chart, and one of those candles was a tremendous one. On that day, XRP crashed from the $0.526690 level. Since then, XRP has been attempting to recover, but it has so far been trading sideways, moving in the $0.49617 range. Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Mysterious XRP Withdrawals From Binance Into Unknown Wallet Continue – Millions of XRP Go Away

Massive multi-million XRP withdrawals from Binance into an unknown wallet continue, according to recent report.

According to data shared with the crypto community by the prominent blockchain tracking service Whale Alert, Binance has seen yet another massive XRP chunk leave its wallet for a blockchain address that belongs to an anonymous whale.

30,406,274 #XRP (15,073,991 USD) transferred from #Binance to unknown wallethttps://t.co/Rvtp3P9F4F

— Whale Alert (@whale_alert) June 10, 2024

The XRP community started actively discussing this transfer in the comments, speculating as to the goal of this transaction and its destination. In the meantime, XRP has so far failed to recover after the enormous plunge it saw on Friday.

30.4 Million XRP On Move From Binance

Over an hour ago, the aforementioned data source spread the word about an astounding XRP transaction made from a Binance wallet to a blockchain address with an unregistered owner. The anonymous whale made a withdrawal of 30,406,274 XRP in total. This amount of crypto is valued at $15,073,991.

The community started a heated discussion in the comments, pondering as to the nature of this transaction – the identity of the whale who initiated it and the destination the XRP chunk was sent to.

Overall, XRP users remain bullish on the Ripple-affiliated cryptocurrency, and some even expect it to make a bullish breakout this week. One commentator suggested that the anonymous recipient of this transfer could be a bank.

This transaction indeed seems like a purchase that could be made by a financial institution or a private cryptocurrency investor.

It should be noted that these large XRP transfers from the world’s largest crypto exchange to unknown wallets have been going on for several months now, as Whale Alert has been reporting on them every week, several times a week. 

Still, data shared by the Bithomp XRP-focused data platform shows that this massive transaction was sent from Binance to a crypto wallet that also belongs to Binance, removing the mystery and turning this transfer into a funds redistribution made by the crypto trading platform between its wallets.

XRP Price Performance

Since Friday, XRP has lost slightly more than 6% of its price. On Friday, XRP faced a 7% price drop, printing three consecutive red candles on an hourly chart, and one of those candles was a tremendous one. On that day, XRP crashed from the $0.526690 level.

Since then, XRP has been attempting to recover, but it has so far been trading sideways, moving in the $0.49617 range.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Ceτi AI Secures $80M of NVIDIA GPUs and Hardware to Expand Global AI Infrastructure Network By 25xVancouver, Canada, June 11th, 2024, Chainwire ceτi AI is proud to announce an extended purchase agreement with Cedarcross International Technologies, Inc. for three additional high-performance computing (HPC) servers, each equipped with 8 NVIDIA H100 Tensor Core GPUs, plus an option to purchase an additional 200 identical HPC servers. The agreement marks the completion of ceτi AI’s pilot-scale installation in British Columbia, and opens the door to a 25x expansion of the ceτi AI Global Infrastructure Network with additional GPU and server allocation through Q3, 2024.  The new servers, powered by NVIDIA’s most advanced H100 GPUs, are expected to arrive within approximately 45 days, further boosting the network’s capacity to support a broad range of AI application development and research. The firm’s pilot installation presents a state-of-the-art solution for web3 protocols, independent development teams, and advanced AI research teams in an 8-server, 64 GPU scalable unit that can be expanded linearly and indefinitely. In addition to the network’s immediate expansion, the agreement also includes an option to purchase up to 200 identical HPC servers from Cedarcross through September 30th, 2024, underscoring both firms’ commitment to sustained growth and technological advancement in the decentralized AI space. ceτi AI has identified hyperscale data center candidate sites for the additional servers in Montreal, New Jersey, and Santa Clara, and is now in the process of securing investment for their purchase, installation, and initial operation.  “We’re seeing unprecedented demand from institutional developers, independent researchers, and blockchain protocols for the physical chip and server infrastructure set to power the coming Age of Artificial Intelligence. Deploying the enormous physical infrastructure for decentralized AI requires strong relationships, world-class talent, and deep cooperation in pursuit of our common goal. We’re proud to work with Cedarcross as a valued partner that brings all of these qualities to the table,” said Dennis Jarvis, CEO of ceτi AI. About Cedarcross Cedarcross International Technologies Inc. is an investee company of Alset Capital Inc., a publicly traded Canadian company listed on the TSX Venture exchange. Cedarcross specializes in providing low-cost access to cutting-edge, high-performance computing hardware, primarily powered by NVIDIA’s advanced H100 chips.  About ceτi AI ceτi AI is at the forefront of the decentralized artificial intelligence (dAI) movement. Committed to innovation and accessibility, ceτi AI develops globally distributed, high-performance, scalable AI infrastructure designed to power the next generation of AI development worldwide. ceτi AI was founded in March of 2024 by long-time industry leaders Dennis Jarvis (CEO), Aaron Smith-Hayes (CTO), Austin Spencer (CFO), and Tony Evans (Chief Strategy Officer).  For more information about ceτi AI and our initiatives, users can visit http://taoceti.ai Users can follow ceτi AI on X, Telegram, and Discord for the latest updates and community discussions. Contact CEODennis Jarvisceτi AIpress@taoceti.ai

Ceτi AI Secures $80M of NVIDIA GPUs and Hardware to Expand Global AI Infrastructure Network By 25x

Vancouver, Canada, June 11th, 2024, Chainwire

ceτi AI is proud to announce an extended purchase agreement with Cedarcross International Technologies, Inc. for three additional high-performance computing (HPC) servers, each equipped with 8 NVIDIA H100 Tensor Core GPUs, plus an option to purchase an additional 200 identical HPC servers. The agreement marks the completion of ceτi AI’s pilot-scale installation in British Columbia, and opens the door to a 25x expansion of the ceτi AI Global Infrastructure Network with additional GPU and server allocation through Q3, 2024. 

The new servers, powered by NVIDIA’s most advanced H100 GPUs, are expected to arrive within approximately 45 days, further boosting the network’s capacity to support a broad range of AI application development and research. The firm’s pilot installation presents a state-of-the-art solution for web3 protocols, independent development teams, and advanced AI research teams in an 8-server, 64 GPU scalable unit that can be expanded linearly and indefinitely.

In addition to the network’s immediate expansion, the agreement also includes an option to purchase up to 200 identical HPC servers from Cedarcross through September 30th, 2024, underscoring both firms’ commitment to sustained growth and technological advancement in the decentralized AI space. ceτi AI has identified hyperscale data center candidate sites for the additional servers in Montreal, New Jersey, and Santa Clara, and is now in the process of securing investment for their purchase, installation, and initial operation. 

“We’re seeing unprecedented demand from institutional developers, independent researchers, and blockchain protocols for the physical chip and server infrastructure set to power the coming Age of Artificial Intelligence. Deploying the enormous physical infrastructure for decentralized AI requires strong relationships, world-class talent, and deep cooperation in pursuit of our common goal. We’re proud to work with Cedarcross as a valued partner that brings all of these qualities to the table,” said Dennis Jarvis, CEO of ceτi AI.

About Cedarcross

Cedarcross International Technologies Inc. is an investee company of Alset Capital Inc., a publicly traded Canadian company listed on the TSX Venture exchange. Cedarcross specializes in providing low-cost access to cutting-edge, high-performance computing hardware, primarily powered by NVIDIA’s advanced H100 chips. 

About ceτi AI

ceτi AI is at the forefront of the decentralized artificial intelligence (dAI) movement. Committed to innovation and accessibility, ceτi AI develops globally distributed, high-performance, scalable AI infrastructure designed to power the next generation of AI development worldwide. ceτi AI was founded in March of 2024 by long-time industry leaders Dennis Jarvis (CEO), Aaron Smith-Hayes (CTO), Austin Spencer (CFO), and Tony Evans (Chief Strategy Officer). 

For more information about ceτi AI and our initiatives, users can visit http://taoceti.ai

Users can follow ceτi AI on X, Telegram, and Discord for the latest updates and community discussions.

Contact

CEODennis Jarvisceτi AIpress@taoceti.ai
Australia Enforces Ban on Crypto and Credit Cards for Online BettingAustralia has implemented a ban on using credit cards and crypto for online betting, in an effort to curb gambling problems. This means Australians will no longer be able to wager using borrowed money or anonymous digital funds. The Australian Associated Press reported Tuesday that the ban on online gambling payments extends to credit cards linked to digital wallets, cryptocurrencies like Bitcoin, and any future forms of credit. These new regulations mirror those of physical casinos, where credit cards are also banned. Interestingly, this doesn’t apply to online lotteries, which still accept credit card payments. In the past, Australia had a thriving market for online casinos accepting cryptocurrencies like Bitcoin. These transactions appealed to gamblers due to their speed and anonymity. One study even showed that in 2019, a significant portion (30.7%) of gamblers in Australia enjoyed online games using crypto. Australia Strengthens Online Gambling Regulations Kai Cantwell, CEO of Responsible Wagering Australia, called on the government to broaden this prohibition to encompass the exempted forms of gambling, the Associated Press reported. “This is an important measure to protect customers, making it easier for people to stay in control of their own gambling behaviour,” Cantwell said. Lawmakers voted in favor of the amendment to the Interactive Gambling Act 2001 late last year. Following this, a six-month transition period was initiated. Companies failing to adhere to the ban could face fines of up to AU$234,750 ($155,085). The communications regulatory authority has also been granted increased authority to uphold the restrictions. Further, the federal government is considering a proposal to gradually eliminate gambling advertisements over a span of three years. This suggestion was among 31 recommendations arising from a parliamentary inquiry on problem gambling. Minister for Communications Michelle Rowland mentioned that the government would make further announcements regarding measures for preventing gambling in the future. “Australians should not be gambling with money they do not have,” she said. Crypto Adoption on the Rise in Australia Despite the ban, Australia is a major player in the crypto market, with a growing number of people owning and using crypto.  In fact, the country ranks 9th in the world for crypto adoption, with 17% of the population owning crypto according to a recent report. This is even higher than the global average of 15%. Further signaling growing acceptance, Australia recently approved two new exchange-traded products that allow investment in crypto assets. Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Australia Enforces Ban on Crypto and Credit Cards for Online Betting

Australia has implemented a ban on using credit cards and crypto for online betting, in an effort to curb gambling problems. This means Australians will no longer be able to wager using borrowed money or anonymous digital funds.

The Australian Associated Press reported Tuesday that the ban on online gambling payments extends to credit cards linked to digital wallets, cryptocurrencies like Bitcoin, and any future forms of credit.

These new regulations mirror those of physical casinos, where credit cards are also banned. Interestingly, this doesn’t apply to online lotteries, which still accept credit card payments.

In the past, Australia had a thriving market for online casinos accepting cryptocurrencies like Bitcoin. These transactions appealed to gamblers due to their speed and anonymity. One study even showed that in 2019, a significant portion (30.7%) of gamblers in Australia enjoyed online games using crypto.

Australia Strengthens Online Gambling Regulations

Kai Cantwell, CEO of Responsible Wagering Australia, called on the government to broaden this prohibition to encompass the exempted forms of gambling, the Associated Press reported.

“This is an important measure to protect customers, making it easier for people to stay in control of their own gambling behaviour,” Cantwell said.

Lawmakers voted in favor of the amendment to the Interactive Gambling Act 2001 late last year. Following this, a six-month transition period was initiated. Companies failing to adhere to the ban could face fines of up to AU$234,750 ($155,085).

The communications regulatory authority has also been granted increased authority to uphold the restrictions.

Further, the federal government is considering a proposal to gradually eliminate gambling advertisements over a span of three years. This suggestion was among 31 recommendations arising from a parliamentary inquiry on problem gambling.

Minister for Communications Michelle Rowland mentioned that the government would make further announcements regarding measures for preventing gambling in the future. “Australians should not be gambling with money they do not have,” she said.

Crypto Adoption on the Rise in Australia

Despite the ban, Australia is a major player in the crypto market, with a growing number of people owning and using crypto. 

In fact, the country ranks 9th in the world for crypto adoption, with 17% of the population owning crypto according to a recent report. This is even higher than the global average of 15%.

Further signaling growing acceptance, Australia recently approved two new exchange-traded products that allow investment in crypto assets.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Singaporean Authorities Issue Warning on Akira Ransomware Demanding CryptoThe Singaporean authorities advise against paying ransom to Akira ransomware demanding crypto, recommending immediate reports about any incident, coupled with information security best practices to respond to this threat. Local authorities from Singapore have issued a joint advisory warning businesses of the threats posed by Akira, a ransomware variant that has stolen $42 million—most of which is demanded in crypto—from over 250 organizations across North America, Europe, and Australia, all within a year. According to the advisory, the ransomware group behind Akira is now actively targeting businesses in Singapore. “The Akira threat group operates as an affiliate-based ransomware threat group, targeting both Windows and Linux systems under a “ransomware-as-a-service” (RaaS) model,” the police statement reads. The Cyber Security Agency of Singapore (CSA), the Singapore Police Force (SPF), and the Personal Data Protection Commission (PDPC) have recently received several complaints from victims of the cyberattack.  Investigations conducted by the United States Federal Bureau of Investigation (FBI) found that Akira ransomware primarily targets businesses and critical infrastructure entities. Akira members usually demand crypto from victims in exchange for regaining control of their computer systems and internal data.  In response, Singaporean authorities have advised businesses not to make payments, as it does not guarantee that the data will be decrypted or that threat actors will not publish the compromised data.  Moreover, malicious entities may attempt another attack in hopes of receiving more ransom. The FBI found that Akira never contacts the victims and expects them to reach out. To mitigate the threat, authorities recommend implementing a recovery plan, multi-factor authentication (MFA), filtering network traffic, disabling unused ports and hyperlinks, and system-wide encryption. Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Singaporean Authorities Issue Warning on Akira Ransomware Demanding Crypto

The Singaporean authorities advise against paying ransom to Akira ransomware demanding crypto, recommending immediate reports about any incident, coupled with information security best practices to respond to this threat.

Local authorities from Singapore have issued a joint advisory warning businesses of the threats posed by Akira, a ransomware variant that has stolen $42 million—most of which is demanded in crypto—from over 250 organizations across North America, Europe, and Australia, all within a year.

According to the advisory, the ransomware group behind Akira is now actively targeting businesses in Singapore.

“The Akira threat group operates as an affiliate-based ransomware threat group, targeting both Windows and Linux systems under a “ransomware-as-a-service” (RaaS) model,” the police statement reads.

The Cyber Security Agency of Singapore (CSA), the Singapore Police Force (SPF), and the Personal Data Protection Commission (PDPC) have recently received several complaints from victims of the cyberattack. 

Investigations conducted by the United States Federal Bureau of Investigation (FBI) found that Akira ransomware primarily targets businesses and critical infrastructure entities.

Akira members usually demand crypto from victims in exchange for regaining control of their computer systems and internal data. 

In response, Singaporean authorities have advised businesses not to make payments, as it does not guarantee that the data will be decrypted or that threat actors will not publish the compromised data. 

Moreover, malicious entities may attempt another attack in hopes of receiving more ransom.

The FBI found that Akira never contacts the victims and expects them to reach out. To mitigate the threat, authorities recommend implementing a recovery plan, multi-factor authentication (MFA), filtering network traffic, disabling unused ports and hyperlinks, and system-wide encryption.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Hex Trust Secured Additional VASP License From Dubai’s VARAOn June 5, Hex Trust Group (HT), a leading provider of digital asset solutions for institutional finance, protocols, foundations, and the Web3 ecosystem, secured an additional Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). In an exclusive interview with Hex Trust, the company revealed the content of the additional license, how Hex Trust has been able to navigate the Dubai crypto regulation and upcoming update in its services. The digital asset custodian established in 2018 noted that this new license extending to its VA Broker-Dealer and VA Management and Investment arm, HT Markets MENA FZE, is a critical expansion in Hex Trust’s service capabilities and geographic reach. Hex Trust Solidifies License to Enhance Digital Asset Services The United Arab Emirates (UAE), particularly Dubai, has become a global hub for the cryptocurrency industry thanks to its robust regulatory framework and supportive environment for Virtual Asset Service Providers (VASPs).  The UAE offers significant advantages, including strategic positioning, tax benefits, an investor-friendly atmosphere, and advanced technological infrastructure. These factors have made it an attractive destination for crypto businesses seeking to leverage the region’s progressive regulatory stance towards digital finance. Hex Trust’s journey in Dubai began with the issuance of its full VASP License in November 2023, which authorized the company to provide Virtual Asset Custodial Services to institutional clients and some investors.  This foundational license established Hex Trust’s commitment to regulatory compliance and set the stage for further expansion. According to the email shared with Bitcoinworld, the newly acquired license enhances Hex Trust’s ability to offer comprehensive virtual asset services, including broker-dealer functions, management and investment services, and regulated staking services. Filippo Buzzi, Hex Trust’s Regional Director, MENA, said, “The approval of this additional VASP license demonstrates Hex Trust’s commitment to fostering crypto ecosystem innovation and enabling safe market access in the Middle East.” Notably, HT Markets MENA FZE’s Broker-Dealer and VA Management and Investment licenses offer significant advantages to institutional investors in the MENA region. Buzzi elaborated, “Institutional investors value adherence to regulations. With HT Markets MENA FZE being a licensed VASP, it signals a commitment to regulatory standards, ensuring trust and confidence among institutional clients.” Hex Trust Acquires License to Expand Virtual Asset Services, Including DeFi Access and Regulated Staking With the new license, Hex Trust Markets can provide safe access to the decentralized finance (DeFi) ecosystem. Clients can generate yield through native on-chain staking solutions and execute trades with the support of Hex Trust’s dedicated Markets team. Hex Trust secures additional VASP license from @varadubai expanding its comprehensive services to cover Broker-Dealer, Management, Investment, & Staking – reinforcing commitment to secure, compliant digital assets in MENA. Learn morehttps://t.co/2dDvSDOTgK — Hex Trust (@Hex_Trust) June 5, 2024 The firm’s global trading team offers 24/7 client support, ensuring continuous trading coverage. Key offerings include over-the-counter (OTC) trading solutions tailored to optimize price, time horizon, and market impact through proprietary execution algorithms, deep liquidity, and broad access within the virtual asset markets. Additionally, Hex Trust offers risk management solutions for corporate treasury needs and facilitates seamless fiat on-ramp/off-ramp services for efficient conversion between fiat currencies and virtual assets. “Hex Trust’s commitment to compliance and regulation has always been a priority, and this has earned us a reputable standing as a reliable partner for both crypto-native and traditional finance institutions,” noted Alessio Quaglini, Co-Founder and CEO of Hex Trust. In a further comment sent to Bitcoinworld, VARA, the world’s first independent regulator for virtual assets, facilitated Hex Trust’s strategic position in Dubai.  VARA’s regulatory process, which includes consultations with license applicants, roundtables, and multiple workshops, has been instrumental in positioning Dubai as a regional and international hub for virtual assets. Buzzi said: “The VARA regulatory process provided key support to successfully obtain our licenses. The UAE, GCC, and the broader MENA region represent a promising market for Hex Trust, largely due to a growing ecosystem supported by a clear regulatory framework and a forward-thinking approach to digital finance.” As claimed by Quaglini, Hex Trust is committed to advancing its regulatory and compliance efforts to integrate the latest developments into its suite of products and provide innovative services and financing solutions to enable clients to monetize digital assets held in custody. “Our mission at Hex Trust is to stay ahead of the curve in terms of licensing and compliance, ensuring we provide 24/7 regulated digital asset services to our 200+ global institutional clients.” Dubai’s Crypto Regulation Positions It as a Global Virtual Asset Hub During a panel at the Paris Blockchain Week in April, Matthew White, CEO of VARA, recently emphasized the need to ease the regulatory burden for smaller crypto entities. He highlighted the high compliance costs and suggested that more prominent market participants could host smaller ones to share these burdens. White stressed the importance of balancing innovation with regulation to accommodate the crypto community’s diverse needs.  He noted that such inclusive regulatory frameworks could attract investment and facilitate the growth and scaling of organizations. Because of the ease of regulation known to them, the United Arab Emirates (UAE) reported $25 billion in crypto transactions in 2022.  The Dubai Multi Commodities Centre (DMCC) published a report highlighting the market potential of Web3 applications, including cryptocurrencies, decentralized finance (DeFi), and the metaverse.  The report noted that the crypto market is stabilizing, with renewed interest signaled by Bitcoin’s resurgence in 2023. The DMCC emphasized that the future growth of these markets depends on the regulatory approaches of governing bodies, stressing the need to balance innovation with consumer protection and fraud mitigation. Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Hex Trust Secured Additional VASP License From Dubai’s VARA

On June 5, Hex Trust Group (HT), a leading provider of digital asset solutions for institutional finance, protocols, foundations, and the Web3 ecosystem, secured an additional Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA).

In an exclusive interview with Hex Trust, the company revealed the content of the additional license, how Hex Trust has been able to navigate the Dubai crypto regulation and upcoming update in its services.

The digital asset custodian established in 2018 noted that this new license extending to its VA Broker-Dealer and VA Management and Investment arm, HT Markets MENA FZE, is a critical expansion in Hex Trust’s service capabilities and geographic reach.

Hex Trust Solidifies License to Enhance Digital Asset Services

The United Arab Emirates (UAE), particularly Dubai, has become a global hub for the cryptocurrency industry thanks to its robust regulatory framework and supportive environment for Virtual Asset Service Providers (VASPs). 

The UAE offers significant advantages, including strategic positioning, tax benefits, an investor-friendly atmosphere, and advanced technological infrastructure.

These factors have made it an attractive destination for crypto businesses seeking to leverage the region’s progressive regulatory stance towards digital finance.

Hex Trust’s journey in Dubai began with the issuance of its full VASP License in November 2023, which authorized the company to provide Virtual Asset Custodial Services to institutional clients and some investors. 

This foundational license established Hex Trust’s commitment to regulatory compliance and set the stage for further expansion.

According to the email shared with Bitcoinworld, the newly acquired license enhances Hex Trust’s ability to offer comprehensive virtual asset services, including broker-dealer functions, management and investment services, and regulated staking services. Filippo Buzzi, Hex Trust’s Regional Director, MENA, said,

“The approval of this additional VASP license demonstrates Hex Trust’s commitment to fostering crypto ecosystem innovation and enabling safe market access in the Middle East.”

Notably, HT Markets MENA FZE’s Broker-Dealer and VA Management and Investment licenses offer significant advantages to institutional investors in the MENA region. Buzzi elaborated,

“Institutional investors value adherence to regulations. With HT Markets MENA FZE being a licensed VASP, it signals a commitment to regulatory standards, ensuring trust and confidence among institutional clients.”

Hex Trust Acquires License to Expand Virtual Asset Services, Including DeFi Access and Regulated Staking

With the new license, Hex Trust Markets can provide safe access to the decentralized finance (DeFi) ecosystem. Clients can generate yield through native on-chain staking solutions and execute trades with the support of Hex Trust’s dedicated Markets team.

Hex Trust secures additional VASP license from @varadubai expanding its comprehensive services to cover Broker-Dealer, Management, Investment, & Staking – reinforcing commitment to secure, compliant digital assets in MENA.

Learn morehttps://t.co/2dDvSDOTgK

— Hex Trust (@Hex_Trust) June 5, 2024

The firm’s global trading team offers 24/7 client support, ensuring continuous trading coverage. Key offerings include over-the-counter (OTC) trading solutions tailored to optimize price, time horizon, and market impact through proprietary execution algorithms, deep liquidity, and broad access within the virtual asset markets.

Additionally, Hex Trust offers risk management solutions for corporate treasury needs and facilitates seamless fiat on-ramp/off-ramp services for efficient conversion between fiat currencies and virtual assets.

“Hex Trust’s commitment to compliance and regulation has always been a priority, and this has earned us a reputable standing as a reliable partner for both crypto-native and traditional finance institutions,” noted Alessio Quaglini, Co-Founder and CEO of Hex Trust.

In a further comment sent to Bitcoinworld, VARA, the world’s first independent regulator for virtual assets, facilitated Hex Trust’s strategic position in Dubai. 

VARA’s regulatory process, which includes consultations with license applicants, roundtables, and multiple workshops, has been instrumental in positioning Dubai as a regional and international hub for virtual assets.

Buzzi said:

“The VARA regulatory process provided key support to successfully obtain our licenses. The UAE, GCC, and the broader MENA region represent a promising market for Hex Trust, largely due to a growing ecosystem supported by a clear regulatory framework and a forward-thinking approach to digital finance.”

As claimed by Quaglini, Hex Trust is committed to advancing its regulatory and compliance efforts to integrate the latest developments into its suite of products and provide innovative services and financing solutions to enable clients to monetize digital assets held in custody.

“Our mission at Hex Trust is to stay ahead of the curve in terms of licensing and compliance, ensuring we provide 24/7 regulated digital asset services to our 200+ global institutional clients.”

Dubai’s Crypto Regulation Positions It as a Global Virtual Asset Hub

During a panel at the Paris Blockchain Week in April, Matthew White, CEO of VARA, recently emphasized the need to ease the regulatory burden for smaller crypto entities. He highlighted the high compliance costs and suggested that more prominent market participants could host smaller ones to share these burdens.

White stressed the importance of balancing innovation with regulation to accommodate the crypto community’s diverse needs. 

He noted that such inclusive regulatory frameworks could attract investment and facilitate the growth and scaling of organizations.

Because of the ease of regulation known to them, the United Arab Emirates (UAE) reported $25 billion in crypto transactions in 2022. 

The Dubai Multi Commodities Centre (DMCC) published a report highlighting the market potential of Web3 applications, including cryptocurrencies, decentralized finance (DeFi), and the metaverse. 

The report noted that the crypto market is stabilizing, with renewed interest signaled by Bitcoin’s resurgence in 2023.

The DMCC emphasized that the future growth of these markets depends on the regulatory approaches of governing bodies, stressing the need to balance innovation with consumer protection and fraud mitigation.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Iggy Azalea Says MOTHER Tokens Can Soon Be Used to Buy Phones and Cell PlansIggy Azalea’s MOTHER token holders may soon use the cryptocurrency to purchase phones and monthly cell plans from the singer’s telecommunications company. The move follows the launch of a MOTHER merchandise store and is part of a broader effort to increase the cryptocurrency’s utility amid a volatile, but overall positive, performance since its introduction last month. Holders of singer Iggy Azalea’s mother (MOTHER) tokens may soon be able to use the viral cryptocurrency to pay for phones and services from the Australian rapper’s planned telecommunications company, adding utility to a token issued less than a month ago. Tomorrow I’m finally relaunching the telecommunication company I co-founded and you will be able to purchase phones, or month to month cell plans using $MOTHER or Sol Ad campaign n rollout to follow late this week. Exciting — IGGY AZALEA (@IGGYAZALEA) June 9, 2024 The development comes on the back of a MOTHER merchandise store announced last week, which contributed to a rally in the token at the time.  MOTHER has advanced 18% in the past 24 hours, outpacing gains in the meme coin sector, DEXTools data shows. The CoinDesk 20 Index (CD20), a measure of the broader crypto market, has dropped 0.3%. “Tomorrow I’m finally relaunching the telecommunication company I co-founded and you will be able to purchase phones, or month to month cell plans using $MOTHER or Sol,” Azalea wrote on X. “Ad campaign n rollout to follow late this week.” In a follow-up tweet, she said Unreal Mobile is a service provider for the phones and that there would be “a selection of phones for purchase if needed.”  The payment infrastructure will be handled by Sphere Labs, which did not offer a native token as of Monday. Unreal’s plans range from $20 to $80 a month based on data usage and network spectrums, the site shows. Phones sold by the Solana blockchain proved to be a success, partley because they came with an allocation of BONK tokens.  All units of the flagship Saga model sold out in 2023 as sentiment around Solana-based meme tokens grew, eclipsing a dismal launch in 2022.  The sales event prompted the announcement and early development of a second Saga phone, which crossed 100,000 in presale orders in February 2024. The controversial MOTHER, issued as a celebrity meme coin in late May on Solana, saw volatile trading in its first few days as uncertainty around its actual issuer mounted among crypto circles. The issuance sparked debate among crypto believers, with some voicing concerns that it was a possible cash grab by a celebrity and others saying it showed what broader adoption of tokens could really look like. As such, Azalea’s continual backing of promises of long-term growth seems to have paid off for early believers as the token’s market valuation grew from under $10 million to over $200 million. Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Iggy Azalea Says MOTHER Tokens Can Soon Be Used to Buy Phones and Cell Plans

Iggy Azalea’s MOTHER token holders may soon use the cryptocurrency to purchase phones and monthly cell plans from the singer’s telecommunications company.

The move follows the launch of a MOTHER merchandise store and is part of a broader effort to increase the cryptocurrency’s utility amid a volatile, but overall positive, performance since its introduction last month.

Holders of singer Iggy Azalea’s mother (MOTHER) tokens may soon be able to use the viral cryptocurrency to pay for phones and services from the Australian rapper’s planned telecommunications company, adding utility to a token issued less than a month ago.

Tomorrow I’m finally relaunching the telecommunication company I co-founded and you will be able to purchase phones, or month to month cell plans using $MOTHER or Sol

Ad campaign n rollout to follow late this week. Exciting

— IGGY AZALEA (@IGGYAZALEA) June 9, 2024

The development comes on the back of a MOTHER merchandise store announced last week, which contributed to a rally in the token at the time. 

MOTHER has advanced 18% in the past 24 hours, outpacing gains in the meme coin sector, DEXTools data shows. The CoinDesk 20 Index (CD20), a measure of the broader crypto market, has dropped 0.3%.

“Tomorrow I’m finally relaunching the telecommunication company I co-founded and you will be able to purchase phones, or month to month cell plans using $MOTHER or Sol,” Azalea wrote on X. “Ad campaign n rollout to follow late this week.”

In a follow-up tweet, she said Unreal Mobile is a service provider for the phones and that there would be “a selection of phones for purchase if needed.” 

The payment infrastructure will be handled by Sphere Labs, which did not offer a native token as of Monday.

Unreal’s plans range from $20 to $80 a month based on data usage and network spectrums, the site shows.

Phones sold by the Solana blockchain proved to be a success, partley because they came with an allocation of BONK tokens. 

All units of the flagship Saga model sold out in 2023 as sentiment around Solana-based meme tokens grew, eclipsing a dismal launch in 2022. 

The sales event prompted the announcement and early development of a second Saga phone, which crossed 100,000 in presale orders in February 2024.

The controversial MOTHER, issued as a celebrity meme coin in late May on Solana, saw volatile trading in its first few days as uncertainty around its actual issuer mounted among crypto circles.

The issuance sparked debate among crypto believers, with some voicing concerns that it was a possible cash grab by a celebrity and others saying it showed what broader adoption of tokens could really look like.

As such, Azalea’s continual backing of promises of long-term growth seems to have paid off for early believers as the token’s market valuation grew from under $10 million to over $200 million.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Cross Light Capital Partners With Affin Bank to Launch Malaysia’s First Digital Asset FundCross Light Capital, a local fund management company, has joined forces with Affin Bank to launch Malaysia’s first digital asset fund. According to a report from The Edge Malaysia, the Performa Digital Asset Fund is geared towards granting exposure to digital assets via exchange-traded funds (ETFs) and exchange-traded products (ETPs), with a target demographic of premier banking clientele. Exclusively accessible through Affin Bank’s invitation-only Affin Invikta suite, the fund ventures into investments in Bitcoin, Ether, and blockchain-related entities via publicly traded investment instruments. Notable allocations within the fund include stakes in companies like Coinbase Global Inc. and Ubisoft Entertainment SA. Cross Light Capital to Designate One-Third of Investments to ETPs Cross Light Capital has disclosed that the Performa Digital Asset Fund employs an equitable distribution strategy, with one-third of investments designated for bitcoin ETPs, another third for ether ETPs, and the residual portion for equities tied to blockchain endeavors. “Our actively managed approach allows us to navigate the digital asset space effectively, providing our clients with a sophisticated investment vehicle beyond traditional asset classes,” Jason Lee, CEO and Chief Investment Officer of Cross Light Capital, said. The fund caters predominantly to sophisticated investors with a pronounced risk appetite, foreseeing a potential drawdown ranging from 30% to 60% within any given one-year period. Investors are advised to adopt a long-term outlook spanning five to ten years. The fund necessitates an initial minimum investment of US$1,000, coupled with an upfront sales charge of up to 5% and an annual management fee of 2%, while omitting withdrawal charges. Acting as the fund’s trustee is MTrustee Bhd, with Crowe Malaysia PLT serving as the external auditor and Interactive Brokers LLP undertaking responsibilities as the prime broker and custodian. Calvin Goon Cheng Yu, Head of Wealth Management at Affin Bank, echoed Lee’s sentiments, saying the bank is committed to delivering unparalleled value to its clientele by facilitating access to Cross Light Capital’s digital asset fund. “By offering access to Cross Light Capital’s digital asset fund, we enable our clients to diversify their portfolios and tap into the potential of the digital economy.” Crypto Investment Fraud Busted in Malaysia Last month, Malaysian authorities dismantled a forex investment fraud and cryptocurrency syndicate that had been operating in the country. The syndicate, which had been laundering funds obtained through overseas scams, was targeted in a series of raids conducted across the Klang Valley from May 13 to 21. As a result, eight local men and two women were arrested, and substantial amounts of assets were seized. It is worth noting that the cryptocurrency industry experienced a major downturn in combined losses from hacks and scams in April. The month saw the lowest combined losses from crypto-related hacks and scams since 2021, with approximately $25.7 million lost to exploits, hacks, and scams. Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Cross Light Capital Partners With Affin Bank to Launch Malaysia’s First Digital Asset Fund

Cross Light Capital, a local fund management company, has joined forces with Affin Bank to launch Malaysia’s first digital asset fund.

According to a report from The Edge Malaysia, the Performa Digital Asset Fund is geared towards granting exposure to digital assets via exchange-traded funds (ETFs) and exchange-traded products (ETPs), with a target demographic of premier banking clientele.

Exclusively accessible through Affin Bank’s invitation-only Affin Invikta suite, the fund ventures into investments in Bitcoin, Ether, and blockchain-related entities via publicly traded investment instruments.

Notable allocations within the fund include stakes in companies like Coinbase Global Inc. and Ubisoft Entertainment SA.

Cross Light Capital to Designate One-Third of Investments to ETPs

Cross Light Capital has disclosed that the Performa Digital Asset Fund employs an equitable distribution strategy, with one-third of investments designated for bitcoin ETPs, another third for ether ETPs, and the residual portion for equities tied to blockchain endeavors.

“Our actively managed approach allows us to navigate the digital asset space effectively, providing our clients with a sophisticated investment vehicle beyond traditional asset classes,” Jason Lee, CEO and Chief Investment Officer of Cross Light Capital, said.

The fund caters predominantly to sophisticated investors with a pronounced risk appetite, foreseeing a potential drawdown ranging from 30% to 60% within any given one-year period.

Investors are advised to adopt a long-term outlook spanning five to ten years.

The fund necessitates an initial minimum investment of US$1,000, coupled with an upfront sales charge of up to 5% and an annual management fee of 2%, while omitting withdrawal charges.

Acting as the fund’s trustee is MTrustee Bhd, with Crowe Malaysia PLT serving as the external auditor and Interactive Brokers LLP undertaking responsibilities as the prime broker and custodian.

Calvin Goon Cheng Yu, Head of Wealth Management at Affin Bank, echoed Lee’s sentiments, saying the bank is committed to delivering unparalleled value to its clientele by facilitating access to Cross Light Capital’s digital asset fund.

“By offering access to Cross Light Capital’s digital asset fund, we enable our clients to diversify their portfolios and tap into the potential of the digital economy.”

Crypto Investment Fraud Busted in Malaysia

Last month, Malaysian authorities dismantled a forex investment fraud and cryptocurrency syndicate that had been operating in the country.

The syndicate, which had been laundering funds obtained through overseas scams, was targeted in a series of raids conducted across the Klang Valley from May 13 to 21.

As a result, eight local men and two women were arrested, and substantial amounts of assets were seized.

It is worth noting that the cryptocurrency industry experienced a major downturn in combined losses from hacks and scams in April.

The month saw the lowest combined losses from crypto-related hacks and scams since 2021, with approximately $25.7 million lost to exploits, hacks, and scams.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
HSBC China Rolls Out E-CNY Services for Corporate Clientele, Signaling Foreign Banks’ Dive Into D...HSBC China is now offering e-CNY services to its corporate clientele. The development marks it as the first foreign bank within the nation to extend services associated with the central bank’s digital currency to both retail and corporate sectors. In a statement on Friday, the HSBC subsidiary said the new service allows corporate clients to connect their business bank accounts with digital yuan accounts for easier asset management. In 2019, China’s central bank began piloting e-CNY in major cities like Shanghai and Beijing through a mobile app.  It’s essentially a digital version of the regular currency, the yuan, aimed to partially replace physical cash. This digital form was initially designed for retail users to conduct everyday purchases within China. HSBC and Nord Anglia Blaze Trail for e-CNY Use in Corporate Transactions To showcase its new corporate e-CNY services, HSBC partnered with Nord Anglia Education Group, a company that manages schools across China.  The collaboration involved enabling e-CNY payments in six of its schools located in Shanghai, Beijing, Guangzhou, Jiaxing, and Suzhou. This successful trial marked the first ever e-CNY payment for the bank. “The low cost and instant settlement advantages of e-CNY, as well as the automatic conversion function provided by HSBC, also help us achieve cost reduction and efficiency improvement,” said Lin Cheng, deputy director of finance and tax at Nord Anglia Education Group. “We believe that the continuous improvement of e-CNY infrastructure and the expansion of application scenarios will provide new opportunities for the digital upgrade of campus management.” Hong Kong Opens Doors to Cross-Border Payments with e-CNY Wallets Last month, Hong Kong announced that residents could set up digital wallets specifically for making payments across borders. This is seen as an effort to get more people in Hong Kong using e-CNY. To open a digital yuan wallet, one would need to go through one of the authorized banks. These include Bank of China, Bank of Communications, China Construction Bank, or Industrial and Commercial Bank of China. In March, HSBC revealed its interest in tokenization by enabling retail investors in Hong Kong to purchase real gold via digital tokens.  Following this announcement, the bank said it planned to diversify its range of tokenized assets. However, it clarified its decision to refrain from tokenizing volatile cryptocurrencies. Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

HSBC China Rolls Out E-CNY Services for Corporate Clientele, Signaling Foreign Banks’ Dive Into D...

HSBC China is now offering e-CNY services to its corporate clientele. The development marks it as the first foreign bank within the nation to extend services associated with the central bank’s digital currency to both retail and corporate sectors.

In a statement on Friday, the HSBC subsidiary said the new service allows corporate clients to connect their business bank accounts with digital yuan accounts for easier asset management.

In 2019, China’s central bank began piloting e-CNY in major cities like Shanghai and Beijing through a mobile app. 

It’s essentially a digital version of the regular currency, the yuan, aimed to partially replace physical cash. This digital form was initially designed for retail users to conduct everyday purchases within China.

HSBC and Nord Anglia Blaze Trail for e-CNY Use in Corporate Transactions

To showcase its new corporate e-CNY services, HSBC partnered with Nord Anglia Education Group, a company that manages schools across China. 

The collaboration involved enabling e-CNY payments in six of its schools located in Shanghai, Beijing, Guangzhou, Jiaxing, and Suzhou. This successful trial marked the first ever e-CNY payment for the bank.

“The low cost and instant settlement advantages of e-CNY, as well as the automatic conversion function provided by HSBC, also help us achieve cost reduction and efficiency improvement,” said Lin Cheng, deputy director of finance and tax at Nord Anglia Education Group.

“We believe that the continuous improvement of e-CNY infrastructure and the expansion of application scenarios will provide new opportunities for the digital upgrade of campus management.”

Hong Kong Opens Doors to Cross-Border Payments with e-CNY Wallets

Last month, Hong Kong announced that residents could set up digital wallets specifically for making payments across borders. This is seen as an effort to get more people in Hong Kong using e-CNY.

To open a digital yuan wallet, one would need to go through one of the authorized banks. These include Bank of China, Bank of Communications, China Construction Bank, or Industrial and Commercial Bank of China.

In March, HSBC revealed its interest in tokenization by enabling retail investors in Hong Kong to purchase real gold via digital tokens. 

Following this announcement, the bank said it planned to diversify its range of tokenized assets. However, it clarified its decision to refrain from tokenizing volatile cryptocurrencies.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Rapper Iggy Azalea to Sell Phones and Cell Plans for MOTHER Token or SOLIn a recent social media post, Iggy Azalea revealed that customers will now be able to purchase phones and month-to-month cell plans using MOTHER token or SOL. Australian rapper Iggy Azalea, co-founder of a telecommunication company, has announced the relaunch of the company with a unique twist.  In a recent social media post, Azalea revealed that customers will now be able to purchase phones and month-to-month cell plans using $MOTHER or Sol.  Tomorrow I’m finally relaunching the telecommunication company I co-founded and you will be able to purchase phones, or month to month cell plans using $MOTHER or Sol Ad campaign n rollout to follow late this week. Exciting — IGGY AZALEA (@IGGYAZALEA) June 9, 2024 This move is part of a broader effort to increase the utility of the MOTHER token, a meme coin she launched on the Solana blockchain.  The payment infrastructure will be handled by Sphere Labs, and Unreal Mobile will provide the service for the phones. The announcement has contributed to a rally in the MOTHER token. Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Rapper Iggy Azalea to Sell Phones and Cell Plans for MOTHER Token or SOL

In a recent social media post, Iggy Azalea revealed that customers will now be able to purchase phones and month-to-month cell plans using MOTHER token or SOL.

Australian rapper Iggy Azalea, co-founder of a telecommunication company, has announced the relaunch of the company with a unique twist. 

In a recent social media post, Azalea revealed that customers will now be able to purchase phones and month-to-month cell plans using $MOTHER or Sol. 

Tomorrow I’m finally relaunching the telecommunication company I co-founded and you will be able to purchase phones, or month to month cell plans using $MOTHER or Sol

Ad campaign n rollout to follow late this week. Exciting

— IGGY AZALEA (@IGGYAZALEA) June 9, 2024

This move is part of a broader effort to increase the utility of the MOTHER token, a meme coin she launched on the Solana blockchain. 

The payment infrastructure will be handled by Sphere Labs, and Unreal Mobile will provide the service for the phones. The announcement has contributed to a rally in the MOTHER token.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Riding the Memecoin Wave: BEFE's June Performance OutlookBitcoin, the leading cryptocurrency, is predicted to shatter its $75,000 barrier in the coming days as investors are still optimistic about it and the whole crypto market. This optimism is based on positive economic indicators and increased institutional acceptance of Bitcoin ETFs. BEFE: New Meme Coin Poised for a Breakout? It is common knowledge that when Bitcoin does well, the whole market experiences a boom, especially when the coin has high potential.  This means that we are also well set to see a rise in BEFE’s trajectory for June with an emphasis on the dynamics that shape its potential growth. Launched in November last year, BEFE went public with no presale or taxes, which rewarded early investors with an incredible 550% return on their assets. BEFE’s vibrant community and substantial daily transaction volume further support its solid base. These factors, combined with well-planned tokenomics, have put BEFE ahead of other tokens in the current cryptocurrency cycle. The Stunning Performance by BEFE The resilience of BEFE can be seen when compared to the general market. Since inception, this coin hit a low of $0.0001284 on November 27th, 2023. This outstanding performance cements BEFE as one potential meme coin investment opportunity. It is currently being traded at $0.00009524 and is expected to touch the $0.1 mark soon.  BEFE: Defying Market Downturn Even when weakened market conditions were apparent, BEFE, the rapidly growing meme, never dipped below significant support at $0.000101.  BEFE may experience a significant hike over the next few weeks and even rise to two hundred times higher at the end of this year. The formation of a cup-and-handle pattern on BEFE’s chart also supports this bullish forecast, indicating that an upward move is imminent. It is not just a coin, but it offers great possibilities for investors. Conclusion: Golden Opportunity with caution BEFE bulls are determined to push prices to new levels before July in order to attract some of the most lucrative market opportunities for investors. This could result in Bitcoin experiencing a bullish breakout, further driving up BEFE and leading to substantial profit margins. Nonetheless, due to its intrinsically volatile nature, any investment advice must be well-researched, considering what happens in the digital money sector. For more details on BEFE, visit https://befetoken.com.

Riding the Memecoin Wave: BEFE's June Performance Outlook

Bitcoin, the leading cryptocurrency, is predicted to shatter its $75,000 barrier in the coming days as investors are still optimistic about it and the whole crypto market. This optimism is based on positive economic indicators and increased institutional acceptance of Bitcoin ETFs.

BEFE: New Meme Coin Poised for a Breakout?
It is common knowledge that when Bitcoin does well, the whole market experiences a boom, especially when the coin has high potential. 
This means that we are also well set to see a rise in BEFE’s trajectory for June with an emphasis on the dynamics that shape its potential growth.

Launched in November last year, BEFE went public with no presale or taxes, which rewarded early investors with an incredible 550% return on their assets.

BEFE’s vibrant community and substantial daily transaction volume further support its solid base. These factors, combined with well-planned tokenomics, have put BEFE ahead of other tokens in the current cryptocurrency cycle.

The Stunning Performance by BEFE

The resilience of BEFE can be seen when compared to the general market. Since inception, this coin hit a low of $0.0001284 on November 27th, 2023. This outstanding performance cements BEFE as one potential meme coin investment opportunity.

It is currently being traded at $0.00009524 and is expected to touch the $0.1 mark soon. 

BEFE: Defying Market Downturn
Even when weakened market conditions were apparent, BEFE, the rapidly growing meme, never dipped below significant support at $0.000101. 
BEFE may experience a significant hike over the next few weeks and even rise to two hundred times higher at the end of this year. The formation of a cup-and-handle pattern on BEFE’s chart also supports this bullish forecast, indicating that an upward move is imminent. It is not just a coin, but it offers great possibilities for investors.

Conclusion: Golden Opportunity with caution
BEFE bulls are determined to push prices to new levels before July in order to attract some of the most lucrative market opportunities for investors. This could result in Bitcoin experiencing a bullish breakout, further driving up BEFE and leading to substantial profit margins. Nonetheless, due to its intrinsically volatile nature, any investment advice must be well-researched, considering what happens in the digital money sector.

For more details on BEFE, visit https://befetoken.com.
This Week's Forecast: Why Bitgert Could Surge 200%Bitcoin price is hovering at $69,749.87 and Ethereum price is also on the green line. The next bull is knocking at the door, possibly this week. There is no denying the fact that when the prices start taking jumps, cryptocurrency investors forget about all the past financial carnage and seek for the next coin to boom and blast! Crypto experts have decided to go with economic and technical analysis to estimate the future performance of several possible digital currencies, even though numerous aspects go into generating an accurate projection. One crypto coin that has many unfulfilled hopes is Bitgert BRISE. Investors believe that Bitgert has a promising future given the coin's economic feasibility and the price movement it has shown on the chart in the year since its launch. This article will analyze Bitgert's expected future which can take a jump up to 200% and its market acceptance using technical analysis. Bitgert is a strong and healthy layer-1 chain with 100k TPS transaction rates and a $0.0000001 gas fee. Because of the quick transaction speed and affordable prices, the cryptocurrency sector now lacks an L1 opponent like Bitgert. Bitgert coin BRISE works on the formula of the BRC-20 token standard. It is easily compatible with BSC chains, Polygon, and Ethereum. Bitgert is a fierce rival to notable cryptocurrencies like Ethereum, Tron, and Solana. News regarding collaboration and partnerships really has the ability to change a coin's direction and momentum more quickly than any other information. Bitgert works with several market giants like Forward, DEXTools, ChainGPT, and Chainlist. It has partnerships with Medical VEDA, Crypto MAyhem, and others in an attempt to go forward with its plans to include AI capabilities into its features. There is only one quadrillion BRISE tokens available on the market for Bitgert. Bitgert has a limited supply and has already chosen to stick with a price-burn mechanism. This usually implies that 12% of the transaction value is burned each time a transaction is finished using this method. With this approach, Bitgert's value and cost are still highly sought after. Bitgert is renowned for its fast throughput technology. Unlike many other blockchains that are overwhelmed, Bitgert can process thousands of transactions per second. This efficiency is crucial for applications that need high transaction volumes, such as supply chain management, gaming, and decentralized finance (DeFi). Because of its intuitive interface, Bitgert attracts developers and end users, presenting a thriving ecosystem. Bitgert BRISE is on high expectations to take a flight of a 200% price jump this week. In this crypto industry, Bitgert is a ground-breaking platform that offers innovation and scalability together. It is a golden opportunity to invest in Bitgert now. However, responsible investors do their research before investing in any kind of digital asset. To know more about Bitgert, Visit https://bitgert.com

This Week's Forecast: Why Bitgert Could Surge 200%

Bitcoin price is hovering at $69,749.87 and Ethereum price is also on the green line. The next bull is knocking at the door, possibly this week. There is no denying the fact that when the prices start taking jumps, cryptocurrency investors forget about all the past financial carnage and seek for the next coin to boom and blast!
Crypto experts have decided to go with economic and technical analysis to estimate the future performance of several possible digital currencies, even though numerous aspects go into generating an accurate projection. One crypto coin that has many unfulfilled hopes is Bitgert BRISE.

Investors believe that Bitgert has a promising future given the coin's economic feasibility and the price movement it has shown on the chart in the year since its launch.

This article will analyze Bitgert's expected future which can take a jump up to 200% and its market acceptance using technical analysis.

Bitgert is a strong and healthy layer-1 chain with 100k TPS transaction rates and a $0.0000001 gas fee. Because of the quick transaction speed and affordable prices, the cryptocurrency sector now lacks an L1 opponent like Bitgert.
Bitgert coin BRISE works on the formula of the BRC-20 token standard. It is easily compatible with BSC chains, Polygon, and Ethereum. Bitgert is a fierce rival to notable cryptocurrencies like Ethereum, Tron, and Solana.

News regarding collaboration and partnerships really has the ability to change a coin's direction and momentum more quickly than any other information. Bitgert works with several market giants like Forward, DEXTools, ChainGPT, and Chainlist. It has partnerships with Medical VEDA, Crypto MAyhem, and others in an attempt to go forward with its plans to include AI capabilities into its features.

There is only one quadrillion BRISE tokens available on the market for Bitgert. Bitgert has a limited supply and has already chosen to stick with a price-burn mechanism. This usually implies that 12% of the transaction value is burned each time a transaction is finished using this method. With this approach, Bitgert's value and cost are still highly sought after.

Bitgert is renowned for its fast throughput technology. Unlike many other blockchains that are overwhelmed, Bitgert can process thousands of transactions per second. This efficiency is crucial for applications that need high transaction volumes, such as supply chain management, gaming, and decentralized finance (DeFi). Because of its intuitive interface, Bitgert attracts developers and end users, presenting a thriving ecosystem.

Bitgert BRISE is on high expectations to take a flight of a 200% price jump this week. In this crypto industry, Bitgert is a ground-breaking platform that offers innovation and scalability together. It is a golden opportunity to invest in Bitgert now. However, responsible investors do their research before investing in any kind of digital asset.

To know more about Bitgert, Visit https://bitgert.com
BEFE’s June Prospects: Will It Surpass Memecoin Expectations?Unquestionably, the temptation of transforming a small cryptocurrency investment into a life-altering fortune is irresistible. Experts anticipate that the BEFE coin will have an unbelievable rise in worth in the month of June. It has attracted the attention of meme enthusiasts and crypto investors alike by offering an opportunity to get up to 1000% returns. Where Memes Meet Community BEFE’s capacity to embrace meme culture makes it unique and strong. For instance, BEFE appreciates memes’ power, leading to the creation of a vibrant social media community that shares humor and love for digital currencies. This approach not only helped boost the value of the coin but also opened doors for future development. Don’t let it pass you by! By joining the BEFE community, you can get involved in exciting opportunities and support networks while possibly multiplying your riches by 1,000%. Is the Hype justified? This buzz surrounding BEFE goes beyond mere hype. It recently made it to CoinMarketCap’s top 100 meme coins list, which was remarkable given that it was launched just about seven months ago. Such rapid increase alongside current low prices could be beneficial as an investment opportunity.   BEFE Investment: A Strategic Approach The one thing that you need in order to attain financial independence through cryptocurrency is a well-crafted plan. So, here’s your simplified guide to maximizing your gains with BEFE: First Mover Advantage: Timing is crucial when it comes to investing and it becomes even more important when it comes to this fast-paced world of crypto. Even with a small investment, being an early adopter can translate to exponential profits. Experts predict an amazing 1000% return from a mere $200 BEFE investment today. Maximizing Growth Potential: By aligning yourself with the upward trend of BEFE, you will be positioned perfectly for its price jump and tapping into the wealth creation potential that comes with this exciting digital currency. The BEFE Community: Invest beyond just buying a coin; invest in the community! Becoming part of the BEFE network opens up doors to a fun-filled life, as well as rewards and financial benefits. Take action now! Take an early advantage by investing in BEFE coin today. Lastly, do perform your own research before investing.  For further information about BEFE, visit https://befetoken.com.

BEFE’s June Prospects: Will It Surpass Memecoin Expectations?

Unquestionably, the temptation of transforming a small cryptocurrency investment into a life-altering fortune is irresistible. Experts anticipate that the BEFE coin will have an unbelievable rise in worth in the month of June. It has attracted the attention of meme enthusiasts and crypto investors alike by offering an opportunity to get up to 1000% returns.

Where Memes Meet Community

BEFE’s capacity to embrace meme culture makes it unique and strong. For instance, BEFE appreciates memes’ power, leading to the creation of a vibrant social media community that shares humor and love for digital currencies. This approach not only helped boost the value of the coin but also opened doors for future development. Don’t let it pass you by! By joining the BEFE community, you can get involved in exciting opportunities and support networks while possibly multiplying your riches by 1,000%.

Is the Hype justified?

This buzz surrounding BEFE goes beyond mere hype. It recently made it to CoinMarketCap’s top 100 meme coins list, which was remarkable given that it was launched just about seven months ago. Such rapid increase alongside current low prices could be beneficial as an investment opportunity.

 

BEFE Investment: A Strategic Approach

The one thing that you need in order to attain financial independence through cryptocurrency is a well-crafted plan. So, here’s your simplified guide to maximizing your gains with BEFE:

First Mover Advantage: Timing is crucial when it comes to investing and it becomes even more important when it comes to this fast-paced world of crypto. Even with a small investment, being an early adopter can translate to exponential profits. Experts predict an amazing 1000% return from a mere $200 BEFE investment today.

Maximizing Growth Potential: By aligning yourself with the upward trend of BEFE, you will be positioned perfectly for its price jump and tapping into the wealth creation potential that comes with this exciting digital currency.

The BEFE Community: Invest beyond just buying a coin; invest in the community! Becoming part of the BEFE network opens up doors to a fun-filled life, as well as rewards and financial benefits.

Take action now! Take an early advantage by investing in BEFE coin today. Lastly, do perform your own research before investing. 

For further information about BEFE, visit https://befetoken.com.
Preparing for a 200% Jump: Bitgert’s Prospects This WeekInvestors’ focus is swiftly shifting towards some relatively new coins considering their high price performance and use cases. Bitgert BRISE is undoubtedly a relying coin that has a chance to grow by 200% in the next week. But why such a big forecast? Come, let’s get complete knowledge about Bitgert and become familiar with Bitgert’s unique features. Bitgert is unique because of its commitment to both security and transparency. Bitgert uses a robust consensus mechanism and advanced cryptographic techniques to protect user data and transactions. Bitgert emphasises security that allows investors to relax knowing their money is safe in a very secure environment. Bitgert’s Proof of Authority consensus mechanism sets it apart from other blockchains. This technology guarantees faster and more efficient transactions, improving the user experience all around. The bulk of dApps and DeFi apps that are now on the market have only one issue: a challenging onboarding procedure and a subpar user experience. Bitgert is an ecosystem that provides a single interface to everyone who wants to store digital products in every format. It is capable of several things, like: The zero-trading cost CEX Bitgert. exchange. Real Estate Marketplace, Geo Web3. Peer-to-peer cryptocurrency marketplace. Bitgert PayBrise, a BRISE payment gateway. Bitgert has some strategic partnerships with major companies. This upgrades Bitgert’s stature as a potent crypto blockchain. Billions Quest – a game based on Polygon where players build stock portfolios and compete for rewards through games using real companies. StableHODL – a unique platform on Stablecoin Yield Generation platform. GoAction – a deflationary project based on the sharing economy, where users can earn tokens by cycling or walking. Camelot Protocol – an L3 blockchain in the Bitcoin ecosystem that uses GPU power for AI model training. Habit Network, the world’s first Layer 3 solution for daily use cases in gaming, commerce, and entertainment,  War of Coins, the world’s first ultra-short maturity options trading platform launched on Polygon mainnet. UniPort Network, an ominichain interoperability protocol that seamlessly integrates Bitcoin ecosystem assets (BRC20/RGB20/Taproot Assets, etc.)   Users can use Bitgert with a 100k TPS transaction speed and a $0.0000001 gas charge. Major cryptocurrencies like Ethereum, Tron, and Solana face intense competition from Bitgert. One of the main issues confronting the blockchain sector is scalability, which Bitgert is designed to solve. Sometimes, high fees and long transaction times might limit the adoption and growth of traditional blockchain systems. However, Bitgert upends the competition by leveraging state-of-the-art technology to ensure cheap rates and speedy transaction processing. Bitgert BRISE has performed remarkably well since its launch in 2021. BRISE gave its investors a 40000% return on investment after surviving correction. Experts predict that the currency will rise rapidly once more in the next few days, with a target of 200%. If you are an investor, you can consider Bitgert as your next coin and earn a bounty with little investment! To know more about Bitgert, Visit https://bitgert.com

Preparing for a 200% Jump: Bitgert’s Prospects This Week

Investors’ focus is swiftly shifting towards some relatively new coins considering their high price performance and use cases. Bitgert BRISE is undoubtedly a relying coin that has a chance to grow by 200% in the next week. But why such a big forecast?

Come, let’s get complete knowledge about Bitgert and become familiar with Bitgert’s unique features.

Bitgert is unique because of its commitment to both security and transparency. Bitgert uses a robust consensus mechanism and advanced cryptographic techniques to protect user data and transactions. Bitgert emphasises security that allows investors to relax knowing their money is safe in a very secure environment.

Bitgert’s Proof of Authority consensus mechanism sets it apart from other blockchains. This technology guarantees faster and more efficient transactions, improving the user experience all around. The bulk of dApps and DeFi apps that are now on the market have only one issue: a challenging onboarding procedure and a subpar user experience.

Bitgert is an ecosystem that provides a single interface to everyone who wants to store digital products in every format. It is capable of several things, like:

The zero-trading cost CEX Bitgert. exchange.

Real Estate Marketplace, Geo Web3.

Peer-to-peer cryptocurrency marketplace.

Bitgert PayBrise, a BRISE payment gateway.

Bitgert has some strategic partnerships with major companies. This upgrades Bitgert’s stature as a potent crypto blockchain.

Billions Quest – a game based on Polygon where players build stock portfolios and compete for rewards through games using real companies.

StableHODL – a unique platform on Stablecoin Yield Generation platform.

GoAction – a deflationary project based on the sharing economy, where users can earn tokens by cycling or walking.

Camelot Protocol – an L3 blockchain in the Bitcoin ecosystem that uses GPU power for AI model training.

Habit Network, the world’s first Layer 3 solution for daily use cases in gaming, commerce, and entertainment, 

War of Coins, the world’s first ultra-short maturity options trading platform launched on Polygon mainnet.

UniPort Network, an ominichain interoperability protocol that seamlessly integrates Bitcoin ecosystem assets (BRC20/RGB20/Taproot Assets, etc.)

 

Users can use Bitgert with a 100k TPS transaction speed and a $0.0000001 gas charge. Major cryptocurrencies like Ethereum, Tron, and Solana face intense competition from Bitgert. One of the main issues confronting the blockchain sector is scalability, which Bitgert is designed to solve. Sometimes, high fees and long transaction times might limit the adoption and growth of traditional blockchain systems. However, Bitgert upends the competition by leveraging state-of-the-art technology to ensure cheap rates and speedy transaction processing.

Bitgert BRISE has performed remarkably well since its launch in 2021. BRISE gave its investors a 40000% return on investment after surviving correction. Experts predict that the currency will rise rapidly once more in the next few days, with a target of 200%.

If you are an investor, you can consider Bitgert as your next coin and earn a bounty with little investment!

To know more about Bitgert, Visit https://bitgert.com
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