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Bitcoin (BTC) Technical Analysis and Outlook for the Upcoming WeeksThis technical analysis provides an outlook for Bitcoin (BTC) over the upcoming weeks, based on the observed price patterns and trading behavior from May 20 to May 26. We will identify potential scenarios and key levels to watch, helping traders and investors make informed decisions. Current Market Sentiment As of the end of the analyzed period, Bitcoin is trading around 69,000 USD, showing signs of minor recovery and consolidation. The market sentiment appears cautious with reduced trading volumes, indicating potential sideways movement or the buildup to a significant move. Image source CoinmarketCap Key Technical Levels Resistance Levels: 71,000 – 72,000 USD: This zone has proven to be a significant resistance level. A breakout above this range with strong volume could signal the continuation of the bullish trend. Support Levels: 68,000 USD: This level has acted as a strong support. A breakdown below this could indicate further bearish movement. 65,000 USD: If the price falls below 68,000 USD, the next key support level to watch is 65,000 USD. 75,000 USD: If the price breaks above 72,000 USD, the next major resistance level is around 75,000 USD. Technical Indicators Moving Averages (MA): 50-day MA: Currently, the 50-day moving average can provide insights into short-term trends. If the price stays above the 50-day MA, it suggests ongoing bullish momentum. 200-day MA: The 200-day moving average will help identify the long-term trend. A bullish crossover of the 50-day MA over the 200-day MA would reinforce the bullish outlook. Relative Strength Index (RSI): Monitoring the RSI for overbought (above 70) or oversold (below 30) conditions can provide clues about potential reversals or continuations. As of now, the RSI is likely to be in a neutral range, given the consolidation phase. MACD (Moving Average Convergence Divergence): The MACD line crossing above the signal line would support bullish momentum. Conversely, if the MACD line crosses below the signal line, it might indicate a bearish trend. Potential Scenarios Bullish Scenario Breakout Above 72,000 USD: If Bitcoin manages to break above the 72,000 USD resistance with significant volume, it could aim for the next resistance level at 75,000 USD. Sustained Uptrend: Positive market sentiment and increasing trading volumes could push the price higher, targeting new all-time highs in the following weeks. Bearish Scenario Breakdown Below 68,000 USD: If the price falls below this critical support, it might trigger further declines toward 65,000 USD and beyond. Increased Selling Pressure: A bearish trend might be confirmed if trading volumes increase on down days, indicating strong selling pressure. Consolidation Scenario Sideways Movement: Bitcoin could continue to trade in a range between 68,000 USD and 72,000 USD, with lower volatility and trading volumes. This scenario suggests the market is in a wait-and-see mode, potentially awaiting macroeconomic developments or significant news. Strategic Recommendations For Traders: Watch Key Levels: Monitor the support at 68,000 USD and resistance at 72,000 USD. Look for breakouts or breakdowns to inform your trading decisions. Volume Confirmation: Ensure that any significant price movement is accompanied by substantial trading volumes to confirm the trend. For Investors: Long-Term Perspective: Consider the long-term potential of Bitcoin and use dollar-cost averaging to accumulate positions during periods of volatility. Technical Signals: Use moving averages and other technical indicators to guide entry and exit points. Conclusion The upcoming weeks for Bitcoin present a mixed outlook with key support and resistance levels defining potential bullish or bearish scenarios. Traders and investors should stay vigilant, monitoring these critical levels and technical indicators to navigate the market effectively. Given the current consolidation, the market is poised for a potential significant move, and being prepared for either direction will be crucial for success.

Bitcoin (BTC) Technical Analysis and Outlook for the Upcoming Weeks

This technical analysis provides an outlook for Bitcoin (BTC) over the upcoming weeks, based on the observed price patterns and trading behavior from May 20 to May 26. We will identify potential scenarios and key levels to watch, helping traders and investors make informed decisions.

Current Market Sentiment

As of the end of the analyzed period, Bitcoin is trading around 69,000 USD, showing signs of minor recovery and consolidation. The market sentiment appears cautious with reduced trading volumes, indicating potential sideways movement or the buildup to a significant move.

Image source CoinmarketCap Key Technical Levels

Resistance Levels:

71,000 – 72,000 USD: This zone has proven to be a significant resistance level. A breakout above this range with strong volume could signal the continuation of the bullish trend.

Support Levels:

68,000 USD: This level has acted as a strong support. A breakdown below this could indicate further bearish movement.

65,000 USD: If the price falls below 68,000 USD, the next key support level to watch is 65,000 USD.

75,000 USD: If the price breaks above 72,000 USD, the next major resistance level is around 75,000 USD.

Technical Indicators

Moving Averages (MA):

50-day MA: Currently, the 50-day moving average can provide insights into short-term trends. If the price stays above the 50-day MA, it suggests ongoing bullish momentum.

200-day MA: The 200-day moving average will help identify the long-term trend. A bullish crossover of the 50-day MA over the 200-day MA would reinforce the bullish outlook.

Relative Strength Index (RSI):

Monitoring the RSI for overbought (above 70) or oversold (below 30) conditions can provide clues about potential reversals or continuations. As of now, the RSI is likely to be in a neutral range, given the consolidation phase.

MACD (Moving Average Convergence Divergence):

The MACD line crossing above the signal line would support bullish momentum. Conversely, if the MACD line crosses below the signal line, it might indicate a bearish trend.

Potential Scenarios

Bullish Scenario

Breakout Above 72,000 USD: If Bitcoin manages to break above the 72,000 USD resistance with significant volume, it could aim for the next resistance level at 75,000 USD.

Sustained Uptrend: Positive market sentiment and increasing trading volumes could push the price higher, targeting new all-time highs in the following weeks.

Bearish Scenario

Breakdown Below 68,000 USD: If the price falls below this critical support, it might trigger further declines toward 65,000 USD and beyond.

Increased Selling Pressure: A bearish trend might be confirmed if trading volumes increase on down days, indicating strong selling pressure.

Consolidation Scenario

Sideways Movement: Bitcoin could continue to trade in a range between 68,000 USD and 72,000 USD, with lower volatility and trading volumes. This scenario suggests the market is in a wait-and-see mode, potentially awaiting macroeconomic developments or significant news.

Strategic Recommendations

For Traders:

Watch Key Levels: Monitor the support at 68,000 USD and resistance at 72,000 USD. Look for breakouts or breakdowns to inform your trading decisions.

Volume Confirmation: Ensure that any significant price movement is accompanied by substantial trading volumes to confirm the trend.

For Investors:

Long-Term Perspective: Consider the long-term potential of Bitcoin and use dollar-cost averaging to accumulate positions during periods of volatility.

Technical Signals: Use moving averages and other technical indicators to guide entry and exit points.

Conclusion

The upcoming weeks for Bitcoin present a mixed outlook with key support and resistance levels defining potential bullish or bearish scenarios. Traders and investors should stay vigilant, monitoring these critical levels and technical indicators to navigate the market effectively. Given the current consolidation, the market is poised for a potential significant move, and being prepared for either direction will be crucial for success.
Aptos Blockchain Sees Surge in User Activity, Hits Transaction PeakAptos Blockchain Sees Explosive Growth: Millions of Daily Transactions Fueled by Playful “Tap-to-Earn” Game Aptos, a blockchain platform built by former Facebook employees, has hit a new high in user activity. On May 25th, it processed a staggering 115.4 million transactions in a single day, surpassing established players like Solana (31.7 million) and setting a new record for layer-1 blockchains. This surge eclipsed the previous record of 65 million held by Sui Network by a significant margin. Transactions Skyrocket, Powered by Playful Game: This impressive milestone can be largely attributed to the launch of a new game called Tapos Cat. This “tap-to-earn” game allows users to earn rewards by interacting with a virtual cat. The game’s design encourages frequent transactions, contributing significantly to the overall volume on Aptos. Notably, Tapos Cat offered gas-fee-free gameplay for its first 72 hours, further enticing players to participate. Maintaining Efficiency Amidst High Volume: Despite the massive increase in transactions, Aptos maintained consistent gas fees and transaction success rates. This stability is attributed to the platform’s Aggregator feature, which allows for the simultaneous processing of multiple transactions, ensuring a smooth user experience. Beyond the Game: The Future of Aptos? The long-term impact of Tapos Cat remains to be seen. While some, like the CEO of Helius Labs, question the game’s utility beyond inflating metrics, Aptos supporters view it as a valuable engineering project. They believe it showcases the network’s scalability and paves the way for future developments. Aptos Labs Charts a Course for Growth: Aptos Labs, the company behind the platform, is committed to expanding access to decentralized assets for billions. They recently appointed prominent figures like David Lawee (former Google VP) as global advisors, further strengthening their team. Additionally, Aptos Labs partnered with South Korean telecommunications giant SK Telecom and Atomrigs Lab to launch the T wallet, a Web3 wallet service.

Aptos Blockchain Sees Surge in User Activity, Hits Transaction Peak

Aptos Blockchain Sees Explosive Growth: Millions of Daily Transactions Fueled by Playful “Tap-to-Earn” Game

Aptos, a blockchain platform built by former Facebook employees, has hit a new high in user activity. On May 25th, it processed a staggering 115.4 million transactions in a single day, surpassing established players like Solana (31.7 million) and setting a new record for layer-1 blockchains. This surge eclipsed the previous record of 65 million held by Sui Network by a significant margin.

Transactions Skyrocket, Powered by Playful Game:

This impressive milestone can be largely attributed to the launch of a new game called Tapos Cat. This “tap-to-earn” game allows users to earn rewards by interacting with a virtual cat. The game’s design encourages frequent transactions, contributing significantly to the overall volume on Aptos. Notably, Tapos Cat offered gas-fee-free gameplay for its first 72 hours, further enticing players to participate.

Maintaining Efficiency Amidst High Volume:

Despite the massive increase in transactions, Aptos maintained consistent gas fees and transaction success rates. This stability is attributed to the platform’s Aggregator feature, which allows for the simultaneous processing of multiple transactions, ensuring a smooth user experience.

Beyond the Game: The Future of Aptos?

The long-term impact of Tapos Cat remains to be seen. While some, like the CEO of Helius Labs, question the game’s utility beyond inflating metrics, Aptos supporters view it as a valuable engineering project. They believe it showcases the network’s scalability and paves the way for future developments.

Aptos Labs Charts a Course for Growth:

Aptos Labs, the company behind the platform, is committed to expanding access to decentralized assets for billions. They recently appointed prominent figures like David Lawee (former Google VP) as global advisors, further strengthening their team. Additionally, Aptos Labs partnered with South Korean telecommunications giant SK Telecom and Atomrigs Lab to launch the T wallet, a Web3 wallet service.
Technical Analysis of XAU Gold for Upcoming Monday 27 May 2024: Trading Calls and Key LevelsGold prices have been showing a mixed performance lately, oscillating between key support and resistance levels. As we approach Monday’s trading session, it’s crucial to analyze the recent price action and identify potential trading opportunities. Below is a detailed technical analysis based on the latest candlestick chart. Current Price Analysis Current Price: Approximately 2335 Support Levels: Primary support around 2334 Secondary support around 2328 Resistance Levels: Primary resistance around 2342 Secondary resistance around 2346 Trading Strategies for Monday Based on the technical analysis, here are the trading calls for Monday’s session: image source investing.com 1. Bullish Scenario Entry Point: Breakout Above 2342 If gold prices break above the 2342 resistance level with strong momentum, it could indicate a bullish trend. This breakout could be driven by positive market sentiment or external factors such as economic data releases or geopolitical events. Target: 2346 and Beyond After breaking above 2342, the next target would be the secondary resistance level around 2346. If the momentum continues, prices could aim for higher levels, potentially reaching new highs. Stop-Loss: Below 2339 To manage risk, place a stop-loss slightly below the breakout point, for instance, around 2339. This level acts as a safety net in case the breakout turns out to be false. 2. Bearish Scenario Entry Point: Breakdown Below 2330 Conversely, if gold prices fall below the 2330 support level with strong momentum, it could signal a bearish trend. This breakdown could be influenced by negative market news or stronger-than-expected economic data favoring the US dollar. Target: 2328 and Lower After breaking below 2330, the immediate target would be the secondary support level around 2328. If the selling pressure persists, prices could head towards lower levels. Stop-Loss: Above 2332 To manage risk, place a stop-loss slightly above the breakdown point, for instance, around 2332. This precaution helps protect against potential reversals. 3. Range Trading Strategy For traders who prefer range trading, identifying and capitalizing on the price oscillations between support and resistance levels can be profitable. Long Position: Near 2328 Support Consider entering a long position near the 2328 support level if the price shows signs of bouncing back. Look for reversal patterns or bullish candlesticks to confirm the entry. Target: 2342 Resistance The target for this trade would be near the 2342 resistance level, where traders can consider taking profits. Stop-Loss: Below 2326 Place a stop-loss below the 2326 level to protect against further declines. Short Position: Near 2342 Resistance Consider entering a short position near the 2342 resistance level if the price shows signs of reversing. Look for bearish candlesticks or confirmation from technical indicators. Target: 2328 Support The target for this trade would be near the 2328 support level, where traders can consider taking profits. Stop-Loss: Above 2344 Place a stop-loss above the 2344 level to protect against potential breakouts. Conclusion As we head into Monday’s trading session, gold traders should keep a close eye on the key support and resistance levels. Monitoring price action around these levels, combined with confirmation from technical indicators such as RSI, MACD, or volume, can provide valuable trading opportunities. Additionally, staying informed about upcoming economic events or geopolitical developments is essential for making informed trading decisions. Always remember to implement proper risk management strategies, such as setting appropriate stop-loss levels and adjusting position sizes according to your risk tolerance. By following these guidelines, traders can navigate the gold market more effectively and potentially capitalize on the upcoming trading opportunities.

Technical Analysis of XAU Gold for Upcoming Monday 27 May 2024: Trading Calls and Key Levels

Gold prices have been showing a mixed performance lately, oscillating between key support and resistance levels. As we approach Monday’s trading session, it’s crucial to analyze the recent price action and identify potential trading opportunities. Below is a detailed technical analysis based on the latest candlestick chart.

Current Price Analysis

Current Price: Approximately 2335

Support Levels:

Primary support around 2334

Secondary support around 2328

Resistance Levels:

Primary resistance around 2342

Secondary resistance around 2346

Trading Strategies for Monday

Based on the technical analysis, here are the trading calls for Monday’s session:

image source investing.com 1. Bullish Scenario Entry Point: Breakout Above 2342

If gold prices break above the 2342 resistance level with strong momentum, it could indicate a bullish trend. This breakout could be driven by positive market sentiment or external factors such as economic data releases or geopolitical events.

Target: 2346 and Beyond

After breaking above 2342, the next target would be the secondary resistance level around 2346. If the momentum continues, prices could aim for higher levels, potentially reaching new highs.

Stop-Loss: Below 2339

To manage risk, place a stop-loss slightly below the breakout point, for instance, around 2339. This level acts as a safety net in case the breakout turns out to be false.

2. Bearish Scenario

Entry Point: Breakdown Below 2330

Conversely, if gold prices fall below the 2330 support level with strong momentum, it could signal a bearish trend. This breakdown could be influenced by negative market news or stronger-than-expected economic data favoring the US dollar.

Target: 2328 and Lower

After breaking below 2330, the immediate target would be the secondary support level around 2328. If the selling pressure persists, prices could head towards lower levels.

Stop-Loss: Above 2332

To manage risk, place a stop-loss slightly above the breakdown point, for instance, around 2332. This precaution helps protect against potential reversals.

3. Range Trading Strategy

For traders who prefer range trading, identifying and capitalizing on the price oscillations between support and resistance levels can be profitable.

Long Position: Near 2328 Support

Consider entering a long position near the 2328 support level if the price shows signs of bouncing back. Look for reversal patterns or bullish candlesticks to confirm the entry.

Target: 2342 Resistance

The target for this trade would be near the 2342 resistance level, where traders can consider taking profits.

Stop-Loss: Below 2326

Place a stop-loss below the 2326 level to protect against further declines.

Short Position: Near 2342 Resistance

Consider entering a short position near the 2342 resistance level if the price shows signs of reversing. Look for bearish candlesticks or confirmation from technical indicators.

Target: 2328 Support

The target for this trade would be near the 2328 support level, where traders can consider taking profits.

Stop-Loss: Above 2344

Place a stop-loss above the 2344 level to protect against potential breakouts.

Conclusion

As we head into Monday’s trading session, gold traders should keep a close eye on the key support and resistance levels. Monitoring price action around these levels, combined with confirmation from technical indicators such as RSI, MACD, or volume, can provide valuable trading opportunities. Additionally, staying informed about upcoming economic events or geopolitical developments is essential for making informed trading decisions.

Always remember to implement proper risk management strategies, such as setting appropriate stop-loss levels and adjusting position sizes according to your risk tolerance. By following these guidelines, traders can navigate the gold market more effectively and potentially capitalize on the upcoming trading opportunities.
BEVM Unveils Groundbreaking Taproot Consensus for Decentralized Bitcoin Layer 2 SolutionCardiff, 英国, May 26th, 2024, Chainwire On May 20, 2024, the Bitcoin Layer2 development team BEVM released the technical yellow paper titled “Taproot Consensus: A Decentralized BTC Layer2 Solution.” This paper details the implementation of Taproot Consensus, leveraging native Bitcoin technologies such as Schnorr signatures, MAST, and Bitcoin SPV nodes to build a fully decentralized BTC Layer2 solution. Taproot Consensus represents a significant leap in native Bitcoin scalability, combining existing Bitcoin technologies innovatively without modifying Bitcoin’s core code. I. History of Bitcoin’s Technical Iterations October 31, 2008: Satoshi Nakamoto published “Bitcoin: A Peer-to-Peer Electronic Cash System,” introducing Bitcoin and the concept of SPV (Simple Payment Verification). January 3, 2009: Nakamoto mined the Genesis Block, launching Bitcoin. The original code used ECDSA for digital signatures instead of the more suitable Schnorr signatures, which were under patent protection at the time. Schnorr signatures retain all the functionalities and security assumptions of ECDSA and can surpass the 15-signature limit of ECDSA, enabling the management of Bitcoin with thousands of addresses without affecting signing speed. 2018: Bitcoin core developers proposed integrating Schnorr signatures into the Bitcoin network. November 14, 2021: The Taproot upgrade integrated Schnorr signatures and introduced MAST (Merkelized Abstract Syntax Trees), enabling smart contract-like capabilities and decentralized multi-signature management. The Taproot Consensus solution by BEVM builds on these advancements, combining Schnorr signatures and MAST to manage multi-signature addresses and enable complex business scenarios in Bitcoin Layer2. II. Overview of the Taproot Consensus Solution: The yellow paper begins by highlighting Bitcoin’s non-Turing complete nature and limited functionality for smart contracts. It argues for using Bitcoin’s existing capabilities to build a decentralized Layer2 solution rather than modifying Bitcoin Layer1. BEVM’s Taproot Consensus combines Bitcoin’s Taproot technology (Schnorr signatures and MAST), Bitcoin SPV light nodes, and the BFT PoS consensus mechanism to create a decentralized and consistent Layer2 network. III. Detailed Explanation of Taproot Consensus Architecture The Taproot Consensus architecture comprises three main components: Schnorr+MAST, Bitcoin SPV, and Aura+Grandpa. · Schnorr+MAST: Uses these technologies from the Taproot upgrade to achieve decentralized Bitcoin multi-signature management driven by Bitcoin code. · Bitcoin SPV: Allows synchronization and verification of Bitcoin transactions without running a full node. · Aura + Grandpa: Advanced PoS consensus protocols for Byzantine fault tolerance, ensuring high consistency among network nodes. In the BEVM system, each validator holds a BTC private key for Schnorr signatures. The aggregated public key forms a MAST tree, enabling BTC transfers and inscriptions to the threshold signature address. Validators act as Bitcoin SPV light nodes, synchronizing the BTC network state securely and permissionlessly. Aura+Grandpa ensures the Layer2 network’s security and trustworthiness, with assets managed by BFT consensus. The operating principle of Taproot Consensus is: “In the BEVM system, each validator holds a BTC private key for Schnorr signatures. The characteristic of Schnorr signatures enables efficient signature aggregation, thereby enhancing the system’s security and efficiency. The aggregated public key Pagg, generated through the Musig2 multi-signature scheme, forms a large MAST (Merkle Abstract Syntax Tree). After generating the root hash of the MAST tree, validators perform BTC transfers and inscriptions to the threshold signature address generated by the MAST tree, enabling the submission of data from the BTC mainnet to the BEVM network. Each validator also acts as a Bitcoin SPV (Simplified Payment Verification) light node, allowing them to securely and permissionlessly synchronize the BTC network state.” IV. Other Technical Details in the Yellow Paper – True Decentralization The yellow paper also details the implementation of Schnorr signatures, MAST, Bitcoin SPV light nodes, and Aura+Grandpa, providing a comprehensive technical outline for those interested in Bitcoin technologies. It explains the Musig2 implementation and contrasts with other BTC Layer2 projects like Mezo, which uses the tBTC protocol. Unlike tBTC, which relies on a network of nine signatories, Taproot Consensus integrates multi-signature networks with BFT PoS consensus, achieving true decentralization. Moreover, the yellow paper explains the implementation process of Musig2 and the differences between other BTC Layer2 projects like Mezo and Taproot Consensus. Mezo’s underlying technical structure is based on the tBTC protocol, which uses Bitcoin multi-signature to construct a threshold signature network, offering strong consistency compared to traditional distributed networks. However, tBTC still relies on a network of nine signatories, whereas a truly decentralized system should be consensus-driven, combining multi-signature networks with BFT PoS (Byzantine Fault Tolerance Proof of Stake) consensus mechanisms. This is the difference between distributed networks and blockchains; distributed networks emphasize distribution but lack Byzantine fault-tolerant consensus, whereas blockchains, while also being distributed networks, are driven by Byzantine fault-tolerant consensus, achieving true decentralization. The Taproot Consensus solution adopts this more advanced design. By integrating Schnorr signatures, MAST, Bitcoin SPV light nodes, and Aura and Grandpa Byzantine fault-tolerant consensus mechanisms, it constructs a highly consistent and secure decentralized Layer2 scalability solution. This integration enhances the scalability and usability of the Bitcoin network and ensures the security and consistency of the BEVM network. Conclusion The BEVM team’s technical yellow paper comprehensively describes Taproot Consensus, a Bitcoin Layer2 solution built entirely on native Bitcoin technologies. It respects and innovates on Bitcoin’s original technological direction, making it a true evolution of native Bitcoin scalability technology. As the Bitcoin ecosystem evolves, solutions like Taproot Consensus will be crucial for its development, serving as major cornerstones for truly decentralized Bitcoin Layer2 solutions. About BEVM BEVM is the first fully decentralized, EVM-compatible Bitcoin Layer 2 solution. It allows Ethereum ecosystem DApps to operate on Bitcoin, using BTC as gas. BEVM enhances Bitcoin’s utility by providing a secure and scalable platform for decentralized applications. The system integrates advanced consensus mechanisms, cross-chain interaction, and robust data integrity to ensure a seamless experience. BEVM aims to innovate within the Bitcoin ecosystem by offering increased scalability, security, and compatibility with popular Ethereum tools and applications. For more information, users can visit BEVm’s official website or follow BEVM on Twitter. Contact TommieBEVMtommie@bevm.io

BEVM Unveils Groundbreaking Taproot Consensus for Decentralized Bitcoin Layer 2 Solution

Cardiff, 英国, May 26th, 2024, Chainwire

On May 20, 2024, the Bitcoin Layer2 development team BEVM released the technical yellow paper titled “Taproot Consensus: A Decentralized BTC Layer2 Solution.” This paper details the implementation of Taproot Consensus, leveraging native Bitcoin technologies such as Schnorr signatures, MAST, and Bitcoin SPV nodes to build a fully decentralized BTC Layer2 solution. Taproot Consensus represents a significant leap in native Bitcoin scalability, combining existing Bitcoin technologies innovatively without modifying Bitcoin’s core code.

I. History of Bitcoin’s Technical Iterations

October 31, 2008: Satoshi Nakamoto published “Bitcoin: A Peer-to-Peer Electronic Cash System,” introducing Bitcoin and the concept of SPV (Simple Payment Verification).

January 3, 2009: Nakamoto mined the Genesis Block, launching Bitcoin. The original code used ECDSA for digital signatures instead of the more suitable Schnorr signatures, which were under patent protection at the time. Schnorr signatures retain all the functionalities and security assumptions of ECDSA and can surpass the 15-signature limit of ECDSA, enabling the management of Bitcoin with thousands of addresses without affecting signing speed.

2018: Bitcoin core developers proposed integrating Schnorr signatures into the Bitcoin network.

November 14, 2021: The Taproot upgrade integrated Schnorr signatures and introduced MAST (Merkelized Abstract Syntax Trees), enabling smart contract-like capabilities and decentralized multi-signature management.

The Taproot Consensus solution by BEVM builds on these advancements, combining Schnorr signatures and MAST to manage multi-signature addresses and enable complex business scenarios in Bitcoin Layer2.

II. Overview of the Taproot Consensus Solution:

The yellow paper begins by highlighting Bitcoin’s non-Turing complete nature and limited functionality for smart contracts. It argues for using Bitcoin’s existing capabilities to build a decentralized Layer2 solution rather than modifying Bitcoin Layer1.

BEVM’s Taproot Consensus combines Bitcoin’s Taproot technology (Schnorr signatures and MAST), Bitcoin SPV light nodes, and the BFT PoS consensus mechanism to create a decentralized and consistent Layer2 network.

III. Detailed Explanation of Taproot Consensus Architecture

The Taproot Consensus architecture comprises three main components: Schnorr+MAST, Bitcoin SPV, and Aura+Grandpa.

· Schnorr+MAST: Uses these technologies from the Taproot upgrade to achieve decentralized Bitcoin multi-signature management driven by Bitcoin code.

· Bitcoin SPV: Allows synchronization and verification of Bitcoin transactions without running a full node.

· Aura + Grandpa: Advanced PoS consensus protocols for Byzantine fault tolerance, ensuring high consistency among network nodes.

In the BEVM system, each validator holds a BTC private key for Schnorr signatures. The aggregated public key forms a MAST tree, enabling BTC transfers and inscriptions to the threshold signature address. Validators act as Bitcoin SPV light nodes, synchronizing the BTC network state securely and permissionlessly. Aura+Grandpa ensures the Layer2 network’s security and trustworthiness, with assets managed by BFT consensus.

The operating principle of Taproot Consensus is: “In the BEVM system, each validator holds a BTC private key for Schnorr signatures. The characteristic of Schnorr signatures enables efficient signature aggregation, thereby enhancing the system’s security and efficiency. The aggregated public key Pagg, generated through the Musig2 multi-signature scheme, forms a large MAST (Merkle Abstract Syntax Tree). After generating the root hash of the MAST tree, validators perform BTC transfers and inscriptions to the threshold signature address generated by the MAST tree, enabling the submission of data from the BTC mainnet to the BEVM network. Each validator also acts as a Bitcoin SPV (Simplified Payment Verification) light node, allowing them to securely and permissionlessly synchronize the BTC network state.”

IV. Other Technical Details in the Yellow Paper – True Decentralization

The yellow paper also details the implementation of Schnorr signatures, MAST, Bitcoin SPV light nodes, and Aura+Grandpa, providing a comprehensive technical outline for those interested in Bitcoin technologies. It explains the Musig2 implementation and contrasts with other BTC Layer2 projects like Mezo, which uses the tBTC protocol. Unlike tBTC, which relies on a network of nine signatories, Taproot Consensus integrates multi-signature networks with BFT PoS consensus, achieving true decentralization.

Moreover, the yellow paper explains the implementation process of Musig2 and the differences between other BTC Layer2 projects like Mezo and Taproot Consensus. Mezo’s underlying technical structure is based on the tBTC protocol, which uses Bitcoin multi-signature to construct a threshold signature network, offering strong consistency compared to traditional distributed networks. However, tBTC still relies on a network of nine signatories, whereas a truly decentralized system should be consensus-driven, combining multi-signature networks with BFT PoS (Byzantine Fault Tolerance Proof of Stake) consensus mechanisms. This is the difference between distributed networks and blockchains; distributed networks emphasize distribution but lack Byzantine fault-tolerant consensus, whereas blockchains, while also being distributed networks, are driven by Byzantine fault-tolerant consensus, achieving true decentralization. The Taproot Consensus solution adopts this more advanced design. By integrating Schnorr signatures, MAST, Bitcoin SPV light nodes, and Aura and Grandpa Byzantine fault-tolerant consensus mechanisms, it constructs a highly consistent and secure decentralized Layer2 scalability solution. This integration enhances the scalability and usability of the Bitcoin network and ensures the security and consistency of the BEVM network.

Conclusion

The BEVM team’s technical yellow paper comprehensively describes Taproot Consensus, a Bitcoin Layer2 solution built entirely on native Bitcoin technologies. It respects and innovates on Bitcoin’s original technological direction, making it a true evolution of native Bitcoin scalability technology. As the Bitcoin ecosystem evolves, solutions like Taproot Consensus will be crucial for its development, serving as major cornerstones for truly decentralized Bitcoin Layer2 solutions.

About BEVM

BEVM is the first fully decentralized, EVM-compatible Bitcoin Layer 2 solution. It allows Ethereum ecosystem DApps to operate on Bitcoin, using BTC as gas. BEVM enhances Bitcoin’s utility by providing a secure and scalable platform for decentralized applications. The system integrates advanced consensus mechanisms, cross-chain interaction, and robust data integrity to ensure a seamless experience. BEVM aims to innovate within the Bitcoin ecosystem by offering increased scalability, security, and compatibility with popular Ethereum tools and applications.

For more information, users can visit BEVm’s official website or follow BEVM on Twitter.

Contact

TommieBEVMtommie@bevm.io
Ethereum ETFs Debut, Market Impact UncertainThe long-awaited approval of spot Ether exchange-traded funds (ETFs) in the United States didn’t trigger the immediate price surge some expected. Here’s why: Pre-Approval Buying and Launch Delays: Crypto commentators like Zach Rynes suggest that investors who anticipated the approval may have already bought Ether (ETH) beforehand, dampening the post-approval price movement. Ether had already seen a significant 29% rise in the week leading up to the news, fueled by speculation of a potential SEC shift on ETF approvals. Wait for the Launch: S-1 Filing Hurdle: While approved by the SEC, these ETFs haven’t been greenlit for trading yet. They require an additional step – an S-1 filing approval by the SEC. This comprehensive document details the financial health and risk profile of the issuing company, along with the specific securities it intends to offer. As of now, VanEck recently submitted its revised S-1 filing, and analysts predict it could take weeks or even months for approval. Future Inflows and Potential Price Driver: Many analysts, including Rynes and crypto research firm Second Mountain, believe the real price impact will come from investor inflows once the ETFs begin trading. Second Mountain predicted a “massive capital inflow” in the billions during the first week of launch. Tempering Expectations: Past Performance as a Guide: Some experts caution against assuming an immediate upward trend. Bitcoin’s price, for example, dropped 15% after the launch of spot Bitcoin ETFs in January 2024. It took a month for the price to recover and climb 30%. Grayscale Conversion and Potential Outflows: Grayscale’s plan to convert its existing Grayscale Ethereum Trust (ETHE) into a spot ETF raises concerns about potential outflows, similar to what happened with the Grayscale Bitcoin Trust (GBTC) after Bitcoin ETFs launched. Some crypto traders worry that a significant portion of the $11 billion+ ETH locked in ETHE for years could be withdrawn when the spot ETF becomes available. Undervalued Ethereum? Long-Term Optimism: Some Ethereum proponents like independent educator Sassal argue that Ether is undervalued, and the market has only had a few days to fully digest the ETF approval news. Bitcoin, meanwhile, saw a minor dip after the announcement but has since recovered.

Ethereum ETFs Debut, Market Impact Uncertain

The long-awaited approval of spot Ether exchange-traded funds (ETFs) in the United States didn’t trigger the immediate price surge some expected. Here’s why:

Pre-Approval Buying and Launch Delays:

Crypto commentators like Zach Rynes suggest that investors who anticipated the approval may have already bought Ether (ETH) beforehand, dampening the post-approval price movement.

Ether had already seen a significant 29% rise in the week leading up to the news, fueled by speculation of a potential SEC shift on ETF approvals.

Wait for the Launch: S-1 Filing Hurdle:

While approved by the SEC, these ETFs haven’t been greenlit for trading yet. They require an additional step – an S-1 filing approval by the SEC.

This comprehensive document details the financial health and risk profile of the issuing company, along with the specific securities it intends to offer.

As of now, VanEck recently submitted its revised S-1 filing, and analysts predict it could take weeks or even months for approval.

Future Inflows and Potential Price Driver:

Many analysts, including Rynes and crypto research firm Second Mountain, believe the real price impact will come from investor inflows once the ETFs begin trading.

Second Mountain predicted a “massive capital inflow” in the billions during the first week of launch.

Tempering Expectations: Past Performance as a Guide:

Some experts caution against assuming an immediate upward trend. Bitcoin’s price, for example, dropped 15% after the launch of spot Bitcoin ETFs in January 2024. It took a month for the price to recover and climb 30%.

Grayscale Conversion and Potential Outflows:

Grayscale’s plan to convert its existing Grayscale Ethereum Trust (ETHE) into a spot ETF raises concerns about potential outflows, similar to what happened with the Grayscale Bitcoin Trust (GBTC) after Bitcoin ETFs launched.

Some crypto traders worry that a significant portion of the $11 billion+ ETH locked in ETHE for years could be withdrawn when the spot ETF becomes available.

Undervalued Ethereum? Long-Term Optimism:

Some Ethereum proponents like independent educator Sassal argue that Ether is undervalued, and the market has only had a few days to fully digest the ETF approval news. Bitcoin, meanwhile, saw a minor dip after the announcement but has since recovered.
Bitcoin Miner Marathon Digital Invests in Kenya’s Renewable Energy SectorBitcoin mining company Marathon Digital is making a big green move, partnering with the Kenyan government to boost the country’s already impressive renewable energy sector. Focus on Knowledge Sharing and Infrastructure Development: This new collaboration, announced in May 2024, will see both parties exchanging expertise in areas like renewable energy research, policy development, and investment strategies. Additionally, they’ll work together on building crucial energy infrastructure. Fred Thiel, CEO of Marathon Digital, highlighted the significance of this partnership: “This agreement allows us to explore opportunities in Kenya while showcasing the country’s innovative approach to energy use and technological advancements.” Kenya’s Renewable Energy Powerhouse Status: Kenya stands out as a leader in renewable energy, with over 80% of its electricity generated from clean sources, according to the International Trade Administration (ITA). This energy mix includes wind, solar, hydropower, and geothermal power, with geothermal being the largest contributor. The ITA further emphasizes Kenya’s position as a world leader in cost-effective geothermal energy production, and a prime candidate for solar power generation due to its abundant sunshine. Shifting Gears: Kenya and Crypto Regulation: This partnership with Marathon Digital represents a surprising shift for the Kenyan government. While exploring avenues to regulate digital assets, Kenya has previously displayed some caution, even hostility, towards new blockchain and cryptocurrency projects. For instance, in September 2023, the Kenyan government banned Worldcoin, a cryptocurrency project, from operating within the country for one year. Privacy concerns, a lack of transparency, and security issues related to Worldcoin’s biometric data collection were cited as reasons for the ban. Worldcoin may be able to resume operations after the one-year period, but only after reapplying and receiving regulatory approval from Kenya’s Capital Markets Authority. Additionally, they must complete a data security workshop before restarting their services in Kenya.

Bitcoin Miner Marathon Digital Invests in Kenya’s Renewable Energy Sector

Bitcoin mining company Marathon Digital is making a big green move, partnering with the Kenyan government to boost the country’s already impressive renewable energy sector.

Focus on Knowledge Sharing and Infrastructure Development:

This new collaboration, announced in May 2024, will see both parties exchanging expertise in areas like renewable energy research, policy development, and investment strategies. Additionally, they’ll work together on building crucial energy infrastructure.

Fred Thiel, CEO of Marathon Digital, highlighted the significance of this partnership: “This agreement allows us to explore opportunities in Kenya while showcasing the country’s innovative approach to energy use and technological advancements.”

Kenya’s Renewable Energy Powerhouse Status:

Kenya stands out as a leader in renewable energy, with over 80% of its electricity generated from clean sources, according to the International Trade Administration (ITA). This energy mix includes wind, solar, hydropower, and geothermal power, with geothermal being the largest contributor.

The ITA further emphasizes Kenya’s position as a world leader in cost-effective geothermal energy production, and a prime candidate for solar power generation due to its abundant sunshine.

Shifting Gears: Kenya and Crypto Regulation:

This partnership with Marathon Digital represents a surprising shift for the Kenyan government. While exploring avenues to regulate digital assets, Kenya has previously displayed some caution, even hostility, towards new blockchain and cryptocurrency projects.

For instance, in September 2023, the Kenyan government banned Worldcoin, a cryptocurrency project, from operating within the country for one year. Privacy concerns, a lack of transparency, and security issues related to Worldcoin’s biometric data collection were cited as reasons for the ban.

Worldcoin may be able to resume operations after the one-year period, but only after reapplying and receiving regulatory approval from Kenya’s Capital Markets Authority. Additionally, they must complete a data security workshop before restarting their services in Kenya.
How to Stake Cryptocurrencies for Passive IncomeIn the dynamic world of cryptocurrencies, staking has emerged as a popular method for investors to earn passive income. Staking involves participating in a proof-of-stake (PoS) blockchain network by locking up a certain amount of cryptocurrency to support the network’s operations, such as validating transactions. In return, stakers receive rewards, typically in the form of additional cryptocurrency. This article will guide you through the process of staking cryptocurrencies, explaining what it is, how it works, and how you can get started to earn passive income. What is Staking? Staking is the process of holding a certain amount of a cryptocurrency in a wallet to support the operations of a blockchain network. Unlike proof-of-work (PoW) systems, which require significant computational power to validate transactions, PoS systems rely on participants staking their coins to achieve consensus and secure the network. How Does Staking Work? Staking works through a few fundamental steps: Selection of Validators: In PoS networks, validators (also known as stakers) are chosen to create new blocks and validate transactions based on the number of coins they hold and “stake.” The more coins staked, the higher the chance of being selected as a validator. Locking Up Funds: When you stake your coins, you lock them up in the network for a set period. These coins cannot be spent or moved during the staking period. Earning Rewards: Validators earn rewards for their participation. These rewards are usually a percentage of the staked amount and are distributed periodically. Benefits of Staking Passive Income: Staking allows you to earn regular rewards, creating a stream of passive income. Support the Network: By staking, you help secure and decentralize the blockchain network. Lower Energy Consumption: PoS systems are more energy-efficient than PoW systems, making staking a more environmentally friendly option. Potential for Capital Appreciation: If the value of the staked cryptocurrency increases, you benefit from both the staking rewards and the appreciation in value. How to Get Started with Staking 1. Choose a Staking Coin Not all cryptocurrencies can be staked. Research and choose a PoS cryptocurrency that suits your investment strategy. Some popular staking coins include: Ethereum (ETH): With the transition to Ethereum 2.0, ETH can now be staked. Cardano (ADA): Known for its strong community and innovative technology. Polkadot (DOT): Offers interoperability between different blockchains. Tezos (XTZ): Allows for on-chain governance and has a vibrant staking community. Solana (SOL): Known for its high-speed transactions and low fees. 2. Select a Staking Method There are several methods to stake your cryptocurrency: Staking through Exchanges: Many cryptocurrency exchanges, such as Binance, Coinbase, and Kraken, offer staking services. This method is user-friendly and requires minimal technical knowledge. Staking through Wallets: Some wallets, like Trust Wallet or Ledger Live, support staking directly. This method gives you more control over your funds. Staking Pools: If you don’t have enough coins to stake on your own, you can join a staking pool where multiple participants combine their funds to increase their chances of earning rewards. 3. Set Up a Wallet If you choose to stake through a wallet, ensure you have a compatible wallet set up. Transfer your staking coins to this wallet. 4. Delegate Your Stake For many PoS networks, you don’t need to run a full node to participate. Instead, you can delegate your stake to a validator. Research and choose a reliable validator with a good track record. 5. Start Staking Once you’ve set up your wallet and delegated your stake, you can start staking. Monitor your staking dashboard to see your rewards accumulate. Risks of Staking While staking can be lucrative, it’s essential to be aware of the associated risks: Market Volatility: The value of the staked cryptocurrency can fluctuate significantly. Lock-up Periods: Your funds are locked up for a certain period, during which you cannot access them. Validator Risk: If the validator misbehaves or fails to perform duties, you could lose part of your staked amount (known as slashing). Technical Risks: Setting up and maintaining staking infrastructure can be technically challenging and risky if not done correctly. Conclusion Staking cryptocurrencies is an excellent way to earn passive income while supporting the security and efficiency of blockchain networks. By carefully selecting a staking coin, choosing a staking method, and understanding the associated risks, you can successfully participate in staking and enjoy the rewards. As the cryptocurrency landscape continues to evolve, staking remains a compelling option for both new and experienced investors looking to grow their holdings.

How to Stake Cryptocurrencies for Passive Income

In the dynamic world of cryptocurrencies, staking has emerged as a popular method for investors to earn passive income. Staking involves participating in a proof-of-stake (PoS) blockchain network by locking up a certain amount of cryptocurrency to support the network’s operations, such as validating transactions. In return, stakers receive rewards, typically in the form of additional cryptocurrency. This article will guide you through the process of staking cryptocurrencies, explaining what it is, how it works, and how you can get started to earn passive income.

What is Staking?

Staking is the process of holding a certain amount of a cryptocurrency in a wallet to support the operations of a blockchain network. Unlike proof-of-work (PoW) systems, which require significant computational power to validate transactions, PoS systems rely on participants staking their coins to achieve consensus and secure the network.

How Does Staking Work?

Staking works through a few fundamental steps:

Selection of Validators: In PoS networks, validators (also known as stakers) are chosen to create new blocks and validate transactions based on the number of coins they hold and “stake.” The more coins staked, the higher the chance of being selected as a validator.

Locking Up Funds: When you stake your coins, you lock them up in the network for a set period. These coins cannot be spent or moved during the staking period.

Earning Rewards: Validators earn rewards for their participation. These rewards are usually a percentage of the staked amount and are distributed periodically.

Benefits of Staking

Passive Income: Staking allows you to earn regular rewards, creating a stream of passive income.

Support the Network: By staking, you help secure and decentralize the blockchain network.

Lower Energy Consumption: PoS systems are more energy-efficient than PoW systems, making staking a more environmentally friendly option.

Potential for Capital Appreciation: If the value of the staked cryptocurrency increases, you benefit from both the staking rewards and the appreciation in value.

How to Get Started with Staking

1. Choose a Staking Coin

Not all cryptocurrencies can be staked. Research and choose a PoS cryptocurrency that suits your investment strategy. Some popular staking coins include:

Ethereum (ETH): With the transition to Ethereum 2.0, ETH can now be staked.

Cardano (ADA): Known for its strong community and innovative technology.

Polkadot (DOT): Offers interoperability between different blockchains.

Tezos (XTZ): Allows for on-chain governance and has a vibrant staking community.

Solana (SOL): Known for its high-speed transactions and low fees.

2. Select a Staking Method

There are several methods to stake your cryptocurrency:

Staking through Exchanges: Many cryptocurrency exchanges, such as Binance, Coinbase, and Kraken, offer staking services. This method is user-friendly and requires minimal technical knowledge.

Staking through Wallets: Some wallets, like Trust Wallet or Ledger Live, support staking directly. This method gives you more control over your funds.

Staking Pools: If you don’t have enough coins to stake on your own, you can join a staking pool where multiple participants combine their funds to increase their chances of earning rewards.

3. Set Up a Wallet

If you choose to stake through a wallet, ensure you have a compatible wallet set up. Transfer your staking coins to this wallet.

4. Delegate Your Stake

For many PoS networks, you don’t need to run a full node to participate. Instead, you can delegate your stake to a validator. Research and choose a reliable validator with a good track record.

5. Start Staking

Once you’ve set up your wallet and delegated your stake, you can start staking. Monitor your staking dashboard to see your rewards accumulate.

Risks of Staking

While staking can be lucrative, it’s essential to be aware of the associated risks:

Market Volatility: The value of the staked cryptocurrency can fluctuate significantly.

Lock-up Periods: Your funds are locked up for a certain period, during which you cannot access them.

Validator Risk: If the validator misbehaves or fails to perform duties, you could lose part of your staked amount (known as slashing).

Technical Risks: Setting up and maintaining staking infrastructure can be technically challenging and risky if not done correctly.

Conclusion

Staking cryptocurrencies is an excellent way to earn passive income while supporting the security and efficiency of blockchain networks. By carefully selecting a staking coin, choosing a staking method, and understanding the associated risks, you can successfully participate in staking and enjoy the rewards. As the cryptocurrency landscape continues to evolve, staking remains a compelling option for both new and experienced investors looking to grow their holdings.
Marine Moguls ERC-404 Launch With $2.9 Million in Prizes for Token HoldersSeoul, South Korea, May 25th, 2024, Chainwire Marine Moguls has launched on the ERC-404 protocol, introducing a new approach to digital asset management. The project features $2.9 million in prizes linked to over 25% of the tokens, providing $MOGUL owners a potential chance to win prizes, including 100,000 USDT and 50,000 USDT, along with staking rewards. $MOGUL Contract: 0x0c9bb15b32334bDAA7Ad319FA356Dd3E8e184564 NFT Marketplace: https://market.marinemoguls.com  Key Features of Marine Moguls Marine Moguls isn’t just another token and NFT launch; it’s an innovative ecosystem that rewards $MOGUL holders with prizes and benefits. Holders can potentially win a share of $2.9 Million worth of prizes, exclusive access to the high-performing trading bot MetBot, and staking rewards. All 10,000 Marine Mogul NFTs mock traditional finance while embracing decentralized blockchain. Each has a unique mix of provably random traits and rarities, with 5,000 having attributes that can be merged or crafted into rarer, more desirable, and valuable NFTs. These mechanics enrich the user experience and enhance the potential for returns through strategic trading and holding. Marine Moguls invites everyone to embark on a voyage through a financial wonderland, where every token is a treasure map to untold riches and thrilling market adventures. What Sets ERC-404 Apart? The innovative ERC-404 protocol is a hybrid of fungible and non-fungible tokens. It provides token holders with fractional NFT ownership and NFT holders with instant 24/7 liquidity – the days of waiting for an NFT buyer and seller are over.  Users can sell the NFTs on the NFT marketplace, sell the tokens instantly on decentralized exchanges (DEX), or merge and craft NFTs to increase their rarity and value. This innovation allows users to discard (liquidate) an NFT instantly by simply selling a fraction (or all) of a $MOGUL token and repurchasing it minutes later to get a newly minted NFT rather than waiting for someone to buy the NFT on a marketplace, which was standard practice before the advent of ERC-404.  Owning less than one $MOGUL token gives the user fractional ownership of the entire Marine Moguls NFT collection.  As a result, ERC-404 solves the common and painful challenges of an auction-based NFT trading system that prohibits instant and seamless NFT trading and makes price discovery inefficient. Marine Moguls users who wish to sell their NFT for more than the $MOGUL token price can do so on the NFT marketplace.  This innovative new concept is a far more efficient way to interact with, trade, and experience NFTs. Join the Wave of Innovation The launch of Marine Moguls on BNB Chain ERC-404 protocol represents a significant milestone in the blockchain and NFT landscape. Marine Moguls invites everyone to explore this new frontier of NFTs, where liquidity meets rarity and community rewards reach new heights.  Individuals can acquire $MOGUL tokens and join a fast-growing community at the forefront of blockchain innovation. For more information on trading and benefits, visit the official website or connect through the social platforms listed below. About Marine Moguls and MetBot by MetFi Marine Moguls and MetBot, powered by MetFi DAO, redefine AI and digital asset integration using the pioneering ERC-404 protocol. This initiative sets a new standard for blockchain utility, merging token fungibility with the unique traits of NFTs for instant 24/7 NFT liquidity and fractional NFT ownership, broadening access and appeal. MetBot enhances the ecosystem’s utility and value. As a cutting-edge AI high-frequency trading bot, MetBot provides Marine Mogul token holders exclusive access to high-frequency trading that has the potential for returns. This AI bot boasts advanced intelligence and adaptive trading strategies while giving users total control over their funds every step of the way. Marine Moguls and MetBot embody MetFi’s vision of innovation, decentralization, and a valuable and rewarding digital future. Joining the Marine Moguls community leads to an evolving ecosystem that challenges traditional concepts of value and ownership, delivering tangible benefits and sophisticated trading solutions that work in all market conditions. Official Links Marine Moguls: https://marinemoguls.com MetBot: https://met.bot MetFi DAO: https://metfi.io $MOGUL Contract: 0x0c9bb15b32334bDAA7Ad319FA356Dd3E8e184564 NFT Marketplace: https://market.marinemoguls.com  Telegram Chat: https://t.me/MetFiChat Telegram News: https://t.me/MetfiNews Discord: https://discord.gg/MetFiDAO YouTube: https://www.youtube.com/@MetFiDAO TikTok: https://www.tiktok.com/@Metfidao.Official Certik: https://skynet.certik.com/projects/metfi  Medium: https://medium.com/@MetFi_DAO LinkedIn: https://www.linkedin.com/company/MetfiOfficial GitHub: https://github.com/metfi CoinMarketCap: https://coinmarketcap.com/currencies/metfi2 CoinGecko: https://www.coingecko.com/en/coins/metfi Instagram: https://www.instagram.com/official.metfidao Contact Matt D.info@metfi.com

Marine Moguls ERC-404 Launch With $2.9 Million in Prizes for Token Holders

Seoul, South Korea, May 25th, 2024, Chainwire

Marine Moguls has launched on the ERC-404 protocol, introducing a new approach to digital asset management. The project features $2.9 million in prizes linked to over 25% of the tokens, providing $MOGUL owners a potential chance to win prizes, including 100,000 USDT and 50,000 USDT, along with staking rewards.

$MOGUL Contract: 0x0c9bb15b32334bDAA7Ad319FA356Dd3E8e184564

NFT Marketplace: https://market.marinemoguls.com 

Key Features of Marine Moguls

Marine Moguls isn’t just another token and NFT launch; it’s an innovative ecosystem that rewards $MOGUL holders with prizes and benefits. Holders can potentially win a share of $2.9 Million worth of prizes, exclusive access to the high-performing trading bot MetBot, and staking rewards.

All 10,000 Marine Mogul NFTs mock traditional finance while embracing decentralized blockchain. Each has a unique mix of provably random traits and rarities, with 5,000 having attributes that can be merged or crafted into rarer, more desirable, and valuable NFTs. These mechanics enrich the user experience and enhance the potential for returns through strategic trading and holding.

Marine Moguls invites everyone to embark on a voyage through a financial wonderland, where every token is a treasure map to untold riches and thrilling market adventures.

What Sets ERC-404 Apart?

The innovative ERC-404 protocol is a hybrid of fungible and non-fungible tokens. It provides token holders with fractional NFT ownership and NFT holders with instant 24/7 liquidity – the days of waiting for an NFT buyer and seller are over. 

Users can sell the NFTs on the NFT marketplace, sell the tokens instantly on decentralized exchanges (DEX), or merge and craft NFTs to increase their rarity and value.

This innovation allows users to discard (liquidate) an NFT instantly by simply selling a fraction (or all) of a $MOGUL token and repurchasing it minutes later to get a newly minted NFT rather than waiting for someone to buy the NFT on a marketplace, which was standard practice before the advent of ERC-404. 

Owning less than one $MOGUL token gives the user fractional ownership of the entire Marine Moguls NFT collection. 

As a result, ERC-404 solves the common and painful challenges of an auction-based NFT trading system that prohibits instant and seamless NFT trading and makes price discovery inefficient. Marine Moguls users who wish to sell their NFT for more than the $MOGUL token price can do so on the NFT marketplace. 

This innovative new concept is a far more efficient way to interact with, trade, and experience NFTs.

Join the Wave of Innovation

The launch of Marine Moguls on BNB Chain ERC-404 protocol represents a significant milestone in the blockchain and NFT landscape. Marine Moguls invites everyone to explore this new frontier of NFTs, where liquidity meets rarity and community rewards reach new heights. 

Individuals can acquire $MOGUL tokens and join a fast-growing community at the forefront of blockchain innovation.

For more information on trading and benefits, visit the official website or connect through the social platforms listed below.

About Marine Moguls and MetBot by MetFi

Marine Moguls and MetBot, powered by MetFi DAO, redefine AI and digital asset integration using the pioneering ERC-404 protocol. This initiative sets a new standard for blockchain utility, merging token fungibility with the unique traits of NFTs for instant 24/7 NFT liquidity and fractional NFT ownership, broadening access and appeal.

MetBot enhances the ecosystem’s utility and value. As a cutting-edge AI high-frequency trading bot, MetBot provides Marine Mogul token holders exclusive access to high-frequency trading that has the potential for returns. This AI bot boasts advanced intelligence and adaptive trading strategies while giving users total control over their funds every step of the way.

Marine Moguls and MetBot embody MetFi’s vision of innovation, decentralization, and a valuable and rewarding digital future. Joining the Marine Moguls community leads to an evolving ecosystem that challenges traditional concepts of value and ownership, delivering tangible benefits and sophisticated trading solutions that work in all market conditions.

Official Links

Marine Moguls: https://marinemoguls.com

MetBot: https://met.bot

MetFi DAO: https://metfi.io

$MOGUL Contract: 0x0c9bb15b32334bDAA7Ad319FA356Dd3E8e184564

NFT Marketplace: https://market.marinemoguls.com 

Telegram Chat: https://t.me/MetFiChat

Telegram News: https://t.me/MetfiNews

Discord: https://discord.gg/MetFiDAO

YouTube: https://www.youtube.com/@MetFiDAO

TikTok: https://www.tiktok.com/@Metfidao.Official

Certik: https://skynet.certik.com/projects/metfi 

Medium: https://medium.com/@MetFi_DAO

LinkedIn: https://www.linkedin.com/company/MetfiOfficial

GitHub: https://github.com/metfi

CoinMarketCap: https://coinmarketcap.com/currencies/metfi2

CoinGecko: https://www.coingecko.com/en/coins/metfi

Instagram: https://www.instagram.com/official.metfidao

Contact

Matt D.info@metfi.com
Caldera Launches Guardian Nodes, Creating a New Path for Teams to Raise Funds and Decentralize Th...San Francisco, United States, May 24th, 2024, Chainwire Rollup-as-a-Service platform Caldera is launching Guardian Nodes, a production-ready node system that enables network users to verify rollup blocks for rewards. HYCHAIN, the first team to leverage this system with Caldera, generated $8 million from their initial node sale. Caldera, the leading Rollup-as-a-Service (RaaS) platform, currently powers over fifty EVM rollups (including Manta, Injective inEVM, Kinto, HYCHAIN, Treasure, and ApeChain) that secure ~$1B in total value locked. Along with their core rollup infrastructure, Caldera offers a catalog of over 50 integrations across the modular stack and an assortment of other custom user-facing tools for chains to leverage.  Guardian Nodes are the latest addition to that list. The Background Today, the majority of L1 blockchains operate using a proof-of-stake model, where a chain’s participants are incentivized via network rewards to lend their stake and validate the chain. This incentive structure fosters decentralization by encouraging individual stakers to operate honest validators, while punishing those who don’t, making for an extremely high cost to attack a network and compromise its security. Decentralizing Rollups EVM rollups have all but solved the scalability problem, with L2s and L3s on Ethereum enabling virtually infinite scale. But, there’s still no incentive for honest network participants to monitor these rollups. Caldera’s Guardian Nodes allow teams to decentralize their rollups by enabling users to verify blocks and secure the network in exchange for rewards. Under the hood, this is accomplished by introducing a novel “light verifier” to Arbitrum rollups that allows Guardian Node operators to verify Nitro batches on everyday hardware without needing to run a full node. Teams can launch Guardian Nodes to their users through a “Node Sale”, which distributes “keys” that authenticate a node’s eligibility to submit claims and earn rewards, granting purchasers the ability to operate a Guardian Node on a given rollup. HYCHAIN, the first team to leverage this system, raised over $8m across 16,000+ node keys in just 2 weeks, completely supercharging their community while generating significant revenue for their project. By enabling more parties to watch over a rollup and identify malicious behavior, the network’s security grows more robust— a crucial step to establishing trust in the chain’s correctness. This in turn generates more demand for a rollup’s native token, which is required for users to participate in validation and helps provide practical cryptoeconomic security for the network. Guardians Nodes are another notch in the belt of Caldera’s impressive infrastructure solution. With the success of HYCHAIN’s launch, we expect more teams building rollups to leverage this innovative product in the coming months. To get started with a high performance rollup, visit Caldera’s website here and/or book a call here. Contact GrowthAlex GuCalderaalex@caldera.xyz4844329611

Caldera Launches Guardian Nodes, Creating a New Path for Teams to Raise Funds and Decentralize Th...

San Francisco, United States, May 24th, 2024, Chainwire

Rollup-as-a-Service platform Caldera is launching Guardian Nodes, a production-ready node system that enables network users to verify rollup blocks for rewards.

HYCHAIN, the first team to leverage this system with Caldera, generated $8 million from their initial node sale.

Caldera, the leading Rollup-as-a-Service (RaaS) platform, currently powers over fifty EVM rollups (including Manta, Injective inEVM, Kinto, HYCHAIN, Treasure, and ApeChain) that secure ~$1B in total value locked.

Along with their core rollup infrastructure, Caldera offers a catalog of over 50 integrations across the modular stack and an assortment of other custom user-facing tools for chains to leverage. 

Guardian Nodes are the latest addition to that list.

The Background

Today, the majority of L1 blockchains operate using a proof-of-stake model, where a chain’s participants are incentivized via network rewards to lend their stake and validate the chain.

This incentive structure fosters decentralization by encouraging individual stakers to operate honest validators, while punishing those who don’t, making for an extremely high cost to attack a network and compromise its security.

Decentralizing Rollups

EVM rollups have all but solved the scalability problem, with L2s and L3s on Ethereum enabling virtually infinite scale. But, there’s still no incentive for honest network participants to monitor these rollups.

Caldera’s Guardian Nodes allow teams to decentralize their rollups by enabling users to verify blocks and secure the network in exchange for rewards. Under the hood, this is accomplished by introducing a novel “light verifier” to Arbitrum rollups that allows Guardian Node operators to verify Nitro batches on everyday hardware without needing to run a full node.

Teams can launch Guardian Nodes to their users through a “Node Sale”, which distributes “keys” that authenticate a node’s eligibility to submit claims and earn rewards, granting purchasers the ability to operate a Guardian Node on a given rollup.

HYCHAIN, the first team to leverage this system, raised over $8m across 16,000+ node keys in just 2 weeks, completely supercharging their community while generating significant revenue for their project.

By enabling more parties to watch over a rollup and identify malicious behavior, the network’s security grows more robust— a crucial step to establishing trust in the chain’s correctness. This in turn generates more demand for a rollup’s native token, which is required for users to participate in validation and helps provide practical cryptoeconomic security for the network.

Guardians Nodes are another notch in the belt of Caldera’s impressive infrastructure solution. With the success of HYCHAIN’s launch, we expect more teams building rollups to leverage this innovative product in the coming months.

To get started with a high performance rollup, visit Caldera’s website here and/or book a call here.

Contact

GrowthAlex GuCalderaalex@caldera.xyz4844329611
New Online Casino Site Instant Casino Partners With Italian Serie a Team Juventus FCTurin, Italy, May 24th, 2024, Chainwire Iconic Italian football club Juventus has announced a partnership with Instant Casino, a crypto online casino, will be its new regional betting partner in Europe.  The agreement has been described as a major win for both Juventus fans and Instant Casino players, promising a wide range of entertainment opportunities and exclusive rewards.  Chief Commercial Officer of Juventus Tiziana Di Gioia echoed this optimism while speaking on the new partnership:  “We are delighted to welcome Instant Casino to the Juventus family. This partnership represents an exciting chapter for both our club and our fans. Instant Casino shares our commitment to excellence and innovation, and we are confident that together, we will create unforgettable experiences for our supporters.”  Juventus & Instant Casino Sign Landmark Partnership  The partnership between Juventus and Instant Casino aims to deliver an unforgettable chapter in sports entertainment. Despite being a relatively new brand, Instant Casino has quickly made a name for itself in the online gambling market, thanks to its instant payouts.  The partnership with Juventus aims to increase its brand visibility to a whole other level, making Instant Casino one of the most discussed new players into the iGaming industry.  As per the deal, the Instant Casino brand will become an integral part of the Juventus ecosystem. For instance, the LED system at Allianz Stadium will prominently feature the Instant Casino logo, accompanied by a range of exciting promotions.  “We are honoured and excited to partner with the iconic Italian club Juventus”, said Greg Turner, the head of PR at Instant Casino.  “We are looking forward to starting to work with Juventus, which has a rich history and has won countless trophies both domestically and in Europe. At Instant Casino, we will continue to disrupt the market with our simplified casino and sportsbook products, while also offering our players the fastest experience in the business” On the Juventus side of things, in addition to the sponsorship involved, the football club is set to receive a massive boost in fan engagement. Instant Casino will offer special odds and contests for betting enthusiasts during Juventus games.  Moreover, the platform will offer opportunities for fans to win official jerseys and tickets to Juventus games.  A recent Variety Intelligence report found that betting on a sport made a considerable difference in consumer engagement and viewership. The same report revealed how an increasingly higher number of football fans are getting interested in sports wagering, with this percentage being 37% in 2022.  The report highlights that teams saw a significant increase in the number of fans as a result of sports betting. Instant Casino Ranked Among Top Online Gambling Sites Instant Casino’s emergence as a major player in the iGaming industry has been quick, driven by unparalleled customer experience as well as strategic partnerships – like the latest one with Juventus.  Tech blog Techopedia ranks it one of the best online casinos in Norway (source). Being an instant withdrawal casino, the platform continues to attract new players while boasting impressive customer retention. Instant Casino is quickly separating itself from its competitors, thanks to attractive cashback bonuses, fast cashouts and higher bet limits.  The top casino takes pride in providing a tailor-made experience for all players, accepting both fiat and crypto payments. Being a global brand, it has also made provisions for localized payments.  About Instant Casino Instant Casino provides a wide range of games, sportsbooks and megaways, with regular new launches as well. Players can find big money-making opportunities while enjoying any game of their choice.  Website: Instant Casino X: https://twitter.com/_InstantCasino Telegram: https://t.me/Instant_Casino Contact Instant Casino Teamcontact@instantcasino.com

New Online Casino Site Instant Casino Partners With Italian Serie a Team Juventus FC

Turin, Italy, May 24th, 2024, Chainwire

Iconic Italian football club Juventus has announced a partnership with Instant Casino, a crypto online casino, will be its new regional betting partner in Europe. 

The agreement has been described as a major win for both Juventus fans and Instant Casino players, promising a wide range of entertainment opportunities and exclusive rewards. 

Chief Commercial Officer of Juventus Tiziana Di Gioia echoed this optimism while speaking on the new partnership: 

“We are delighted to welcome Instant Casino to the Juventus family. This partnership represents an exciting chapter for both our club and our fans. Instant Casino shares our commitment to excellence and innovation, and we are confident that together, we will create unforgettable experiences for our supporters.” 

Juventus & Instant Casino Sign Landmark Partnership 

The partnership between Juventus and Instant Casino aims to deliver an unforgettable chapter in sports entertainment.

Despite being a relatively new brand, Instant Casino has quickly made a name for itself in the online gambling market, thanks to its instant payouts. 

The partnership with Juventus aims to increase its brand visibility to a whole other level, making Instant Casino one of the most discussed new players into the iGaming industry. 

As per the deal, the Instant Casino brand will become an integral part of the Juventus ecosystem. For instance, the LED system at Allianz Stadium will prominently feature the Instant Casino logo, accompanied by a range of exciting promotions. 

“We are honoured and excited to partner with the iconic Italian club Juventus”, said Greg Turner, the head of PR at Instant Casino. 

“We are looking forward to starting to work with Juventus, which has a rich history and has won countless trophies both domestically and in Europe. At Instant Casino, we will continue to disrupt the market with our simplified casino and sportsbook products, while also offering our players the fastest experience in the business”

On the Juventus side of things, in addition to the sponsorship involved, the football club is set to receive a massive boost in fan engagement. Instant Casino will offer special odds and contests for betting enthusiasts during Juventus games. 

Moreover, the platform will offer opportunities for fans to win official jerseys and tickets to Juventus games. 

A recent Variety Intelligence report found that betting on a sport made a considerable difference in consumer engagement and viewership. The same report revealed how an increasingly higher number of football fans are getting interested in sports wagering, with this percentage being 37% in 2022. 

The report highlights that teams saw a significant increase in the number of fans as a result of sports betting.

Instant Casino Ranked Among Top Online Gambling Sites

Instant Casino’s emergence as a major player in the iGaming industry has been quick, driven by unparalleled customer experience as well as strategic partnerships – like the latest one with Juventus. 

Tech blog Techopedia ranks it one of the best online casinos in Norway (source).

Being an instant withdrawal casino, the platform continues to attract new players while boasting impressive customer retention. Instant Casino is quickly separating itself from its competitors, thanks to attractive cashback bonuses, fast cashouts and higher bet limits. 

The top casino takes pride in providing a tailor-made experience for all players, accepting both fiat and crypto payments. Being a global brand, it has also made provisions for localized payments. 

About Instant Casino

Instant Casino provides a wide range of games, sportsbooks and megaways, with regular new launches as well. Players can find big money-making opportunities while enjoying any game of their choice. 

Website: Instant Casino

X: https://twitter.com/_InstantCasino

Telegram: https://t.me/Instant_Casino

Contact

Instant Casino Teamcontact@instantcasino.com
Multipool Enters Partnership With Mobilum Offering Users Fiat to DeFi On/Off RampMajuro, Marshall Islands, May 23rd, 2024, Chainwire Multipool, a leading innovator in the blockchain and cryptocurrency industry announces a corporate partnership with Mobilum. The partnership between Multipool and Mobilum will enable users to onboard onto cryptocurrencies without involving a centralized exchange. “Centralized exchanges are on their way out, we’re thrilled to give users another option, without intrusive roadblocks to their DeFi lifestyle. This partnership offers a long list of benefits for both parties, with a truly DeFi onboard as the highlight. Getting MULLED is now much more accessible to the mass market” Steven Murray, a Core Contributor at Multipool. “Mobilum is excited to connect with Multipool enabling their users with an efficient onboard ramp directly into DeFi without going via a centralized exchange. This partnership makes perfect sense and gives Mobilum direct access to Multipool’s extensive volume, deep liquidity, and retail users worldwide.” Wojciech Kaszycki, CEO – Mobilum Tech UAB Never Have CEX Again The world of crypto is heavily focused on DeFi (decentralized finance), but the only access point for the majority of people is via a centralized exchange. Multipool & Mobilum aim to change that, by offering users a simple and easy way into the world of crypto. With Mobilum, people can come to Multipool, directly into the DeFi world without having to touch a centralized exchange. To learn more about Multipool and its features, users can visit: Website – www.multipool.finance Telegram – t.me/multipoolfi X – www.x.com/multipoolfi Users can learn more about Multipool’s LBP live on Fjord Foundry now – Fjord Foundry $MUL LBP About Multipool Multipool is a cutting-edge decentralized exchange (DEX) transforming the trading landscape for real-world assets (RWAs) and cryptocurrencies. Multipool is designed for fairness and equality, featuring a fully decentralized on-chain order book, deep liquidity through dynamic bracket pools, and seamless trading of RWAs and cryptocurrencies. Utilizing world-class innovations including industry-first FIX APIs, low latency networks, zero price impact auctions, trustless RFQs, peer-to-peer repo lending, and MEV bot protection, Multipool sets a new standard in DeFi trading. Experience unparalleled efficiency and security in your trading journey with Multipool – The DEX with CEX appeal. www.multipool.finance About Mobilum Technologies Inc. Mobilum is a financial technology company providing various payments and banking solutions to bridge the gap between traditional finance and Web 3 economy. Building all-in-one infrastructure to meet global payment needs in both Web 2 and Web 3. Mobilum develops innovative products for retail and institutional clients enabling them to transfer, manage and spend fiat currencies and as digital assets alike in a safe, convenient and compliant manner. Poland, Lithuania, Canada and the United States. For further information, users can visit www.mobilum.com. Contact Public Relations ManagerAngie HermosaMultipoolpress@multipool.finance

Multipool Enters Partnership With Mobilum Offering Users Fiat to DeFi On/Off Ramp

Majuro, Marshall Islands, May 23rd, 2024, Chainwire

Multipool, a leading innovator in the blockchain and cryptocurrency industry announces a corporate partnership with Mobilum. The partnership between Multipool and Mobilum will enable users to onboard onto cryptocurrencies without involving a centralized exchange.

“Centralized exchanges are on their way out, we’re thrilled to give users another option, without intrusive roadblocks to their DeFi lifestyle. This partnership offers a long list of benefits for both parties, with a truly DeFi onboard as the highlight. Getting MULLED is now much more accessible to the mass market” Steven Murray, a Core Contributor at Multipool.

“Mobilum is excited to connect with Multipool enabling their users with an efficient onboard ramp directly into DeFi without going via a centralized exchange. This partnership makes perfect sense and gives Mobilum direct access to Multipool’s extensive volume, deep liquidity, and retail users worldwide.” Wojciech Kaszycki, CEO – Mobilum Tech UAB

Never Have CEX Again

The world of crypto is heavily focused on DeFi (decentralized finance), but the only access point for the majority of people is via a centralized exchange. Multipool & Mobilum aim to change that, by offering users a simple and easy way into the world of crypto. With Mobilum, people can come to Multipool, directly into the DeFi world without having to touch a centralized exchange.

To learn more about Multipool and its features, users can visit:

Website – www.multipool.finance

Telegram – t.me/multipoolfi

X – www.x.com/multipoolfi

Users can learn more about Multipool’s LBP live on Fjord Foundry now – Fjord Foundry $MUL LBP

About Multipool

Multipool is a cutting-edge decentralized exchange (DEX) transforming the trading landscape for real-world assets (RWAs) and cryptocurrencies. Multipool is designed for fairness and equality, featuring a fully decentralized on-chain order book, deep liquidity through dynamic bracket pools, and seamless trading of RWAs and cryptocurrencies. Utilizing world-class innovations including industry-first FIX APIs, low latency networks, zero price impact auctions, trustless RFQs, peer-to-peer repo lending, and MEV bot protection, Multipool sets a new standard in DeFi trading. Experience unparalleled efficiency and security in your trading journey with Multipool – The DEX with CEX appeal.

www.multipool.finance

About Mobilum Technologies Inc.

Mobilum is a financial technology company providing various payments and banking solutions to bridge the gap between traditional finance and Web 3 economy. Building all-in-one infrastructure to meet global payment needs in both Web 2 and Web 3. Mobilum develops innovative products for retail and institutional clients enabling them to transfer, manage and spend fiat currencies and as digital assets alike in a safe, convenient and compliant manner. Poland, Lithuania, Canada and the United States. For further information, users can visit www.mobilum.com.

Contact

Public Relations ManagerAngie HermosaMultipoolpress@multipool.finance
Sui and Mesh Combine Forces to Bring Simplified Transactions Across the Sui EcosystemGrand Cayman, Cayman Islands, May 23rd, 2024, Chainwire With the addition of the Mesh platform, Sui Wallet will achieve product parity with the world’s largest self-custody wallets, while Mesh now natively supports the SUI token Sui, the pioneering Layer 1 blockchain that offers industry-leading performance and nearly infinite horizontal scaling, and Mesh, the leading embedded finance solution for crypto, today announced the integration of Mesh’s seamless digital asset transfer and account aggregation technology with Sui Wallet and all other wallets within the Sui ecosystem that adopt the tooling. With the integration of Mesh, Sui Wallet users can see their aggregated asset balances across hundreds of exchanges and wallet platforms, and transfer those assets with a one-click experience, all without ever needing to leave the Sui Wallet interface. This unique integration adds a new layer of interoperability, on-ramping, asset management, and token swapping directly within wallets native to the Sui Network as Sui’s tech stack continues to separate itself from other blockchains. The wallet tooling is expected to go live this year.  In the build-up to the wallet integration, Mesh now supports the SUI token across all of its products, facilitating seamless digital asset transfers, payments, account aggregation, and trading of the token across more than 300 leading crypto wallets and exchanges.  Founded in 2020, Mesh has rapidly established itself as a leader in embedded finance. The company recently partnered with major platforms like CoinDCX and MetaMask, and is trusted by PayPal Ventures, who made a strategic investment in the start-up using their PYUSD stablecoin.  “Mesh’s tooling gives wallet providers across the Sui ecosystem a massive technological advantage and it gives the Sui community a native wallet experience that’s unmatched on other blockchains,” said Greg Siourounis, Managing Director of the Sui Foundation. “Native wallets are fundamental to increasing access and driving the growth and adoption of any network, and Sui now has a clear edge in this regard.” This latest collaboration with Mesh continues a trend of Sui offering developers and users unique implementations of technologies that make adoption easier and make the blockchain accessible to mainstream users, both at the enterprise and retail levels.  For example, zkLogin is on-chain authorization, unique to Sui, that enables users to authenticate with decentralized applications using the traditional OAuth providers like Google and Twitter that they have become accustomed to and removing the hurdle of managing wallet addresses and seed phrases. zkSend is an application exclusive to Sui that utilizes zkLogin to enable users to send and claim tokens by sharing or clicking a link. As with these innovations, with the Mesh integration, Sui is now able to offer one of the most advanced and seamless user experiences in the industry.  “Our collaboration with Sui unlocks powerful tooling and interoperability for the millions of wallets on the Sui Network and represents a pivotal development in our mission to build a more connected and secure financial ecosystem,” said Bam Azizi, Co-Founder and CEO of Mesh. “This is our first direct integration with a Layer 1 blockchain’s flagship native wallet, and soon, wallets across the Sui ecosystem will be able to integrate with the Mesh platform, creating a much better experience for users across the globe.” Contact Sui Foundationmedia@sui.io

Sui and Mesh Combine Forces to Bring Simplified Transactions Across the Sui Ecosystem

Grand Cayman, Cayman Islands, May 23rd, 2024, Chainwire

With the addition of the Mesh platform, Sui Wallet will achieve product parity with the world’s largest self-custody wallets, while Mesh now natively supports the SUI token

Sui, the pioneering Layer 1 blockchain that offers industry-leading performance and nearly infinite horizontal scaling, and Mesh, the leading embedded finance solution for crypto, today announced the integration of Mesh’s seamless digital asset transfer and account aggregation technology with Sui Wallet and all other wallets within the Sui ecosystem that adopt the tooling.

With the integration of Mesh, Sui Wallet users can see their aggregated asset balances across hundreds of exchanges and wallet platforms, and transfer those assets with a one-click experience, all without ever needing to leave the Sui Wallet interface. This unique integration adds a new layer of interoperability, on-ramping, asset management, and token swapping directly within wallets native to the Sui Network as Sui’s tech stack continues to separate itself from other blockchains. The wallet tooling is expected to go live this year. 

In the build-up to the wallet integration, Mesh now supports the SUI token across all of its products, facilitating seamless digital asset transfers, payments, account aggregation, and trading of the token across more than 300 leading crypto wallets and exchanges. 

Founded in 2020, Mesh has rapidly established itself as a leader in embedded finance. The company recently partnered with major platforms like CoinDCX and MetaMask, and is trusted by PayPal Ventures, who made a strategic investment in the start-up using their PYUSD stablecoin. 

“Mesh’s tooling gives wallet providers across the Sui ecosystem a massive technological advantage and it gives the Sui community a native wallet experience that’s unmatched on other blockchains,” said Greg Siourounis, Managing Director of the Sui Foundation. “Native wallets are fundamental to increasing access and driving the growth and adoption of any network, and Sui now has a clear edge in this regard.”

This latest collaboration with Mesh continues a trend of Sui offering developers and users unique implementations of technologies that make adoption easier and make the blockchain accessible to mainstream users, both at the enterprise and retail levels. 

For example, zkLogin is on-chain authorization, unique to Sui, that enables users to authenticate with decentralized applications using the traditional OAuth providers like Google and Twitter that they have become accustomed to and removing the hurdle of managing wallet addresses and seed phrases. zkSend is an application exclusive to Sui that utilizes zkLogin to enable users to send and claim tokens by sharing or clicking a link. As with these innovations, with the Mesh integration, Sui is now able to offer one of the most advanced and seamless user experiences in the industry. 

“Our collaboration with Sui unlocks powerful tooling and interoperability for the millions of wallets on the Sui Network and represents a pivotal development in our mission to build a more connected and secure financial ecosystem,” said Bam Azizi, Co-Founder and CEO of Mesh. “This is our first direct integration with a Layer 1 blockchain’s flagship native wallet, and soon, wallets across the Sui ecosystem will be able to integrate with the Mesh platform, creating a much better experience for users across the globe.”

Contact

Sui Foundationmedia@sui.io
Orderly Network Expands to Polygon PoS, Bringing Advanced Perpetuals Trading to QuickswapNew York, USA, May 23rd, 2024, Chainwire Orderly Network has partnered with Quickswap, the leading DEX on all Polygon chains, to launch QuickPerps: Falkor, a next-generation decentralized Perpetual Exchange. This integration unlocks a new level of functionality for DeFi traders on Polygon PoS, with key benefits powered by Orderly’s innovative omnichain vaults: Enhanced Liquidity: Orderly’s robust liquidity layer combines with Quickswap’s, enabling leveraged trading with tighter spreads and lower slippage. Effortless Cross-Chain Trading: Deposit, withdraw, and trade assets seamlessly across all major EVM chains supported by Orderly, directly from the Falkor vault. No asset bridging required. Zero-Gas Leveraged Trading: Enjoy Polygon PoS’s fast network and low fees for vault deposits. Leveraged trading within the vault happens entirely gas-free thanks to Orderly Network. CEX-Like Experience: A familiar orderbook interface powered by Orderly’s CLOB infrastructure simplifies trading for both new and experienced users. Advanced Order Controls: Manage risk effectively with limit orders – all available within the user-friendly interface. This collaboration positions Quickswap to become the go-to DEX for leveraged trading on Polygon PoS. By solving the re-org issues that plagued previous perpetual protocols, Falkor has the potential to ignite a surge in trading volume on the platform. Said Arjun Arora, COO of Orderly Network: “Partnering with QuickSwap aligns with Orderly’s mission to empower DEXs with superior infrastructure that enables them to rival traditional CEXs in functionality and performance. This integration is also a testament to Orderly Network’s versatility, as it enables an Automated Market Maker like QuickSwap to widen their product offering and offer perpetual futures for the first time on Polygon PoS.”  Said Sameep Singhania, Core Contributor at QuickSwap: “Our partnership with Orderly Network marks a significant leap forward for QuickSwap and the DragonFi ecosystem. By integrating Falkor with Orderly Network’s omnichain vault system, QuickSwap can empower its users with the best-in-class leveraged trading experience, complete with zero-gas fees, deep liquidity, and a user-friendly interface.” Orderly Network has come a long way in a short amount of time. Since launching in 2022, Orderly has already surpassed US$38 billion in trading volume, and integrated some of the world’s highest-caliber decentralized exchanges into its novel permissionless liquidity layer. Backed by major investors like Sequoia China, Pantera Capital, Primitive Ventures, Dragonfly Capital, Jump Crypto, and GSR Ventures, Orderly has rapidly gained traction with DeFi builders and traders alike. A Perfect Match for DeFi Growth Polygon PoS’s fast network, cheap fees, and large user base (over 400k daily active users) create the perfect environment for DeFi to thrive. Orderly’s robust infrastructure, combined with Quickswap’s reach and Polygon PoS’s scalability, positions this collaboration as a major step forward for omnichain trading and DeFi on Polygon PoS. “The integration of Orderly Network’s advanced perpetuals trading system into Quickswap marks a significant advancement in DeFi on Polygon PoS,” said Jack Melnick, Head of DeFi, Polygon Labs. “This development, supported by Orderly’s innovative omnichain vaults, underscores a vision of fostering a scalable, efficient, and user-friendly DeFi ecosystem.” About Orderly Network Orderly Network is a combination of an orderbook-based trading infrastructure and a robust liquidity layer offering spot and perpetual futures orderbooks. Unlike traditional platforms, Orderly doesn’t have a front end; instead, it operates at the core of the ecosystem, providing essential services to projects built on top of it. Orderly Network’s DEX white-label solution is carefully crafted to save builders time and capital while granting access to our bootstrapped liquidity. Picture having the best features of CEXs while keeping settlements on-chain and maintaining full self-custody. With Orderly, anyone can create a trading application thanks to our seamless plug-and-play experience leveraging our liquidity and composability. Looking ahead, Orderly Network’s grand vision is to create an omnichain protocol, connecting traders from both EVM and non-EVM chains within the same orderbook. For more information, users can visit Orderly Network’s: Official Website | Twitter | Telegram | Discord | Linkedin Contact Chief Vibes OfficerDrew PiersonOrderly Networkpr@orderly.network

Orderly Network Expands to Polygon PoS, Bringing Advanced Perpetuals Trading to Quickswap

New York, USA, May 23rd, 2024, Chainwire

Orderly Network has partnered with Quickswap, the leading DEX on all Polygon chains, to launch QuickPerps: Falkor, a next-generation decentralized Perpetual Exchange. This integration unlocks a new level of functionality for DeFi traders on Polygon PoS, with key benefits powered by Orderly’s innovative omnichain vaults:

Enhanced Liquidity: Orderly’s robust liquidity layer combines with Quickswap’s, enabling leveraged trading with tighter spreads and lower slippage.

Effortless Cross-Chain Trading: Deposit, withdraw, and trade assets seamlessly across all major EVM chains supported by Orderly, directly from the Falkor vault. No asset bridging required.

Zero-Gas Leveraged Trading: Enjoy Polygon PoS’s fast network and low fees for vault deposits. Leveraged trading within the vault happens entirely gas-free thanks to Orderly Network.

CEX-Like Experience: A familiar orderbook interface powered by Orderly’s CLOB infrastructure simplifies trading for both new and experienced users.

Advanced Order Controls: Manage risk effectively with limit orders – all available within the user-friendly interface.

This collaboration positions Quickswap to become the go-to DEX for leveraged trading on Polygon PoS. By solving the re-org issues that plagued previous perpetual protocols, Falkor has the potential to ignite a surge in trading volume on the platform.

Said Arjun Arora, COO of Orderly Network: “Partnering with QuickSwap aligns with Orderly’s mission to empower DEXs with superior infrastructure that enables them to rival traditional CEXs in functionality and performance. This integration is also a testament to Orderly Network’s versatility, as it enables an Automated Market Maker like QuickSwap to widen their product offering and offer perpetual futures for the first time on Polygon PoS.” 

Said Sameep Singhania, Core Contributor at QuickSwap: “Our partnership with Orderly Network marks a significant leap forward for QuickSwap and the DragonFi ecosystem. By integrating Falkor with Orderly Network’s omnichain vault system, QuickSwap can empower its users with the best-in-class leveraged trading experience, complete with zero-gas fees, deep liquidity, and a user-friendly interface.”

Orderly Network has come a long way in a short amount of time. Since launching in 2022, Orderly has already surpassed US$38 billion in trading volume, and integrated some of the world’s highest-caliber decentralized exchanges into its novel permissionless liquidity layer. Backed by major investors like Sequoia China, Pantera Capital, Primitive Ventures, Dragonfly Capital, Jump Crypto, and GSR Ventures, Orderly has rapidly gained traction with DeFi builders and traders alike.

A Perfect Match for DeFi Growth

Polygon PoS’s fast network, cheap fees, and large user base (over 400k daily active users) create the perfect environment for DeFi to thrive. Orderly’s robust infrastructure, combined with Quickswap’s reach and Polygon PoS’s scalability, positions this collaboration as a major step forward for omnichain trading and DeFi on Polygon PoS.

“The integration of Orderly Network’s advanced perpetuals trading system into Quickswap marks a significant advancement in DeFi on Polygon PoS,” said Jack Melnick, Head of DeFi, Polygon Labs. “This development, supported by Orderly’s innovative omnichain vaults, underscores a vision of fostering a scalable, efficient, and user-friendly DeFi ecosystem.”

About Orderly Network

Orderly Network is a combination of an orderbook-based trading infrastructure and a robust liquidity layer offering spot and perpetual futures orderbooks. Unlike traditional platforms, Orderly doesn’t have a front end; instead, it operates at the core of the ecosystem, providing essential services to projects built on top of it.

Orderly Network’s DEX white-label solution is carefully crafted to save builders time and capital while granting access to our bootstrapped liquidity. Picture having the best features of CEXs while keeping settlements on-chain and maintaining full self-custody.

With Orderly, anyone can create a trading application thanks to our seamless plug-and-play experience leveraging our liquidity and composability.

Looking ahead, Orderly Network’s grand vision is to create an omnichain protocol, connecting traders from both EVM and non-EVM chains within the same orderbook.

For more information, users can visit Orderly Network’s: Official Website | Twitter | Telegram | Discord | Linkedin

Contact

Chief Vibes OfficerDrew PiersonOrderly Networkpr@orderly.network
Dora Factory Secures $10M in Strategic FundingSingapore, Singapore, May 23rd, 2024, Chainwire Dora Factory, the leading decentralized governance infrastructure, announced the closing of another $10 million strategic raise. Nomad Capital, No Limit Holdings, Sky9 Capital, Singapore’s UOB-Signum Blockchain Fund, Interop Ventures, Cai Wensheng’s Longling Capital, and nine other renowned institutional investors joined the round.  The raise will accelerate the adoption and strategic expansion of Dora Factory’s decentralized governance and public goods funding tech stack. Dora Factory is a leading infrastructure focused on decentralized governance and public goods technology. Its core products include the flagship Public Good Staking infrastructure, which enables block incentive driven ecosystem funding; Dora Vota, a Cosmos SDK appchain hosting dGov protocols; anonymous MACI and general MACI, the privacy-preserving, collusion-resistant zk voting infrastructure, and the multi-chain Quadratic Governance protocol stack, the on-chain mechanism that democratizes public goods funding.  Last week, the Cosmos Hub community approved governance proposal No.917 and a $1 million grant to AEZ Quadratic Grant to run ten rounds of Quadratic Funding in the next 24 months via Dora Factory’s Voting appchain, Dora Vota. All of the funding will be distributed to public good builders and start-ups in the Cosmos Hub and related ecosystems building a prosperous ATOM Economic Zone. Earlier this year, Dora Factory announced its first strategic round led by dao5, a new venture capital firm founded by former Polychain General Partner Tekin Salimi, and Whampoa Digital, co-founded by Amy Lee, a former senior partner at Lee & Lee, a Singapore law firm started by Lee Kim Yew and Singapore’s first prime minister, Lee Kuan Yew and his wife. Prior to this, Dora Factory had raised a total of $17.5 million in 2021, with investors including Binance Labs, HashKey, and The LAO. “Building leading public goods funding and governance infrastructure is a critical step for the Dora team to advance the global hacker movement and drive frontier tech innovation,” said Eric Zhang, Architect of Dora Factory. “We are humbled to receive much support from our ecosystem partners and the Web3 community. In fact, decentralized governance has a deep and interesting tech stack, and we are still at a very early stage. There are a lot of exciting developments ahead. The work from Dora Factory during the past three years has laid a solid foundation for them.” Since its founding in 2020, Dora Factory has dedicated itself to the research and development of decentralized governance infrastructure and applications. Over 2,000 startups have secured $20 million in grants on-chain with Dora Factory’s infrastructure. Over 30 Web3 ecosystems, including Aptos, Celestia, Injective, Klaytn, and Akash, have worked closely with Dora Factory as their core ecosystem partner and adopted Dora Factory’s protocol stacks. Through Public Good Staking, an innovative initiative created by the Dora Factory team in 2022, they have provided long-term, block-native, sustainable funding support to public goods builders and early-stage developer teams.  “The assets under governance for on-chain communities has grown to a hundred-billion dollar scale. Now is the golden era for governance technology,” said Erick Zhang, Partner of Nomad Capital. “Dora Factory has become the industry’s cornerstone public goods infrastructure after four years of dedicated development and iteration. We are thrilled to support the Dora team in their mission to empower developers, foster innovation in the Web3 space, and expand the adoption of new technologies, including aMACI, through this investment.” “Dora Factory’s development of Dora Vota and anonymous privacy voting technology demonstrates their leadership in Web3 governance and public good funding. This is a crucial piece of blockchain’s value proposition, and we recognize their impact with millions of votes cast and over 2000 projects receiving funding via QF. Our investment is a first step in continuing to support their effort.” said Gin Chao, Founding Partner of No Limit Holdings.  “With support from new investors, we are excited to grow the Dora Factory ecosystem further. Our plans include innovations in multi-chain quadratic funding and Public Good Staking, encouraging developers to expand the use cases of anonymous MACI, and building new governance apps on Dora Vota. Our goal is to deliver a suite of products that provide an exceptional experience for on-chain communities and teams working on frontier technologies,” commented Steve Ngok, core contributor to Dora Factory. About Dora Factory Dora Factory builds protocols and infrastructures to enable decentralized governance and efficient funding for the global hacker movement, open-source communities, and Web3 public goods. Dora Factory’s flagship Public Good Staking is one of the fastest-growing multi-chain staking infrastructures, providing block-native incentives to grow the next generation of blockchains. Dora Vota is a special-purpose blockchain for decentralized governance, supporting general MACI interface, anonymous MACI, and quadratic governance rounds. To use Dora Factory products, go to DoraFactory.org. For more information, visit research.dorahacks.io Contact Community contributorChris LeeDora Factorywinniedrinkwater@gmail.com

Dora Factory Secures $10M in Strategic Funding

Singapore, Singapore, May 23rd, 2024, Chainwire

Dora Factory, the leading decentralized governance infrastructure, announced the closing of another $10 million strategic raise. Nomad Capital, No Limit Holdings, Sky9 Capital, Singapore’s UOB-Signum Blockchain Fund, Interop Ventures, Cai Wensheng’s Longling Capital, and nine other renowned institutional investors joined the round. 

The raise will accelerate the adoption and strategic expansion of Dora Factory’s decentralized governance and public goods funding tech stack.

Dora Factory is a leading infrastructure focused on decentralized governance and public goods technology. Its core products include the flagship Public Good Staking infrastructure, which enables block incentive driven ecosystem funding; Dora Vota, a Cosmos SDK appchain hosting dGov protocols; anonymous MACI and general MACI, the privacy-preserving, collusion-resistant zk voting infrastructure, and the multi-chain Quadratic Governance protocol stack, the on-chain mechanism that democratizes public goods funding. 

Last week, the Cosmos Hub community approved governance proposal No.917 and a $1 million grant to AEZ Quadratic Grant to run ten rounds of Quadratic Funding in the next 24 months via Dora Factory’s Voting appchain, Dora Vota. All of the funding will be distributed to public good builders and start-ups in the Cosmos Hub and related ecosystems building a prosperous ATOM Economic Zone.

Earlier this year, Dora Factory announced its first strategic round led by dao5, a new venture capital firm founded by former Polychain General Partner Tekin Salimi, and Whampoa Digital, co-founded by Amy Lee, a former senior partner at Lee & Lee, a Singapore law firm started by Lee Kim Yew and Singapore’s first prime minister, Lee Kuan Yew and his wife. Prior to this, Dora Factory had raised a total of $17.5 million in 2021, with investors including Binance Labs, HashKey, and The LAO.

“Building leading public goods funding and governance infrastructure is a critical step for the Dora team to advance the global hacker movement and drive frontier tech innovation,” said Eric Zhang, Architect of Dora Factory. “We are humbled to receive much support from our ecosystem partners and the Web3 community. In fact, decentralized governance has a deep and interesting tech stack, and we are still at a very early stage. There are a lot of exciting developments ahead. The work from Dora Factory during the past three years has laid a solid foundation for them.”

Since its founding in 2020, Dora Factory has dedicated itself to the research and development of decentralized governance infrastructure and applications. Over 2,000 startups have secured $20 million in grants on-chain with Dora Factory’s infrastructure.

Over 30 Web3 ecosystems, including Aptos, Celestia, Injective, Klaytn, and Akash, have worked closely with Dora Factory as their core ecosystem partner and adopted Dora Factory’s protocol stacks. Through Public Good Staking, an innovative initiative created by the Dora Factory team in 2022, they have provided long-term, block-native, sustainable funding support to public goods builders and early-stage developer teams. 

“The assets under governance for on-chain communities has grown to a hundred-billion dollar scale. Now is the golden era for governance technology,” said Erick Zhang, Partner of Nomad Capital. “Dora Factory has become the industry’s cornerstone public goods infrastructure after four years of dedicated development and iteration. We are thrilled to support the Dora team in their mission to empower developers, foster innovation in the Web3 space, and expand the adoption of new technologies, including aMACI, through this investment.”

“Dora Factory’s development of Dora Vota and anonymous privacy voting technology demonstrates their leadership in Web3 governance and public good funding. This is a crucial piece of blockchain’s value proposition, and we recognize their impact with millions of votes cast and over 2000 projects receiving funding via QF. Our investment is a first step in continuing to support their effort.” said Gin Chao, Founding Partner of No Limit Holdings. 

“With support from new investors, we are excited to grow the Dora Factory ecosystem further. Our plans include innovations in multi-chain quadratic funding and Public Good Staking, encouraging developers to expand the use cases of anonymous MACI, and building new governance apps on Dora Vota. Our goal is to deliver a suite of products that provide an exceptional experience for on-chain communities and teams working on frontier technologies,” commented Steve Ngok, core contributor to Dora Factory.

About Dora Factory

Dora Factory builds protocols and infrastructures to enable decentralized governance and efficient funding for the global hacker movement, open-source communities, and Web3 public goods. Dora Factory’s flagship Public Good Staking is one of the fastest-growing multi-chain staking infrastructures, providing block-native incentives to grow the next generation of blockchains. Dora Vota is a special-purpose blockchain for decentralized governance, supporting general MACI interface, anonymous MACI, and quadratic governance rounds.

To use Dora Factory products, go to DoraFactory.org.

For more information, visit research.dorahacks.io

Contact

Community contributorChris LeeDora Factorywinniedrinkwater@gmail.com
Multipool Launches LBP on Fjord Foundry Raising $200k in 24 HoursMajuro, Marshall Islands, May 22nd, 2024, Chainwire Multipool, a leading innovator in the blockchain and cryptocurrency industry, launched their Fjord Foundry LBP on May 21st, raising $200k in the first 24 hours. Making waves in the crypto industry, Multipool is taking a leading role in the marketplace transforming the trading landscape for real-world assets (RWAs) and cryptocurrencies. “I’m thrilled with the strong response from the community so far, we’ve reached $200k on Fjord Foundry on day one. We’re off to a fantastic start in the LBP and I can’t wait to see how far we go over the next 48 hours. Stay tuned and GET MULLED” Wojciech Kaszycki, a Core Contributor at Multipool. The LBP offers crypto enthusiasts the chance to participate in a next-generational crypto project which is aiming to take RWAs & Crypto to the mass market. Following the close of the LBP, Multipool will launch publicly on Uniswap V3. Multipool Partnerships Multipool is supported by some of the industry’s best companies, including BSO, Mobilum, NxGen, Hacken, and IMMIN8 Labs. Leveraging their knowledge, contacts, experience and expertise, Multipool aims to make waves in the industry and give users the opportunity to never have CEX again. To learn how to participate in the Fjord Foundry LBP, refer to the guide here. For more information on Multipool and its features, please visit: Website – www.multipool.finance Telegram – t.me/multipoolfi X – www.x.com/multipoolfi About Multipool Multipool is a cutting-edge decentralized exchange (DEX) transforming the trading landscape for real-world assets (RWAs) and cryptocurrencies. Multipool is designed for fairness and equality, featuring a fully decentralized on-chain order book, deep liquidity through dynamic bracket pools, and seamless trading of RWAs and cryptocurrencies. Utilizing world-class innovations including industry-first FIX APIs, low latency networks, zero price impact auctions, trustless RFQs, peer-to-peer repo lending, and MEV bot protection, Multipool sets a new standard in DeFi trading. Experience unparalleled efficiency and security in your trading journey with Multipool – The DEX with CEX appeal. https://www.multipool.finance/ Multipool is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Contact Public Relations ManagerAngie HermosaMultipoolpress@multipool.finance

Multipool Launches LBP on Fjord Foundry Raising $200k in 24 Hours

Majuro, Marshall Islands, May 22nd, 2024, Chainwire

Multipool, a leading innovator in the blockchain and cryptocurrency industry, launched their Fjord Foundry LBP on May 21st, raising $200k in the first 24 hours. Making waves in the crypto industry, Multipool is taking a leading role in the marketplace transforming the trading landscape for real-world assets (RWAs) and cryptocurrencies.

“I’m thrilled with the strong response from the community so far, we’ve reached $200k on Fjord Foundry on day one. We’re off to a fantastic start in the LBP and I can’t wait to see how far we go over the next 48 hours. Stay tuned and GET MULLED” Wojciech Kaszycki, a Core Contributor at Multipool.

The LBP offers crypto enthusiasts the chance to participate in a next-generational crypto project which is aiming to take RWAs & Crypto to the mass market. Following the close of the LBP, Multipool will launch publicly on Uniswap V3.

Multipool Partnerships

Multipool is supported by some of the industry’s best companies, including BSO, Mobilum, NxGen, Hacken, and IMMIN8 Labs. Leveraging their knowledge, contacts, experience and expertise, Multipool aims to make waves in the industry and give users the opportunity to never have CEX again.

To learn how to participate in the Fjord Foundry LBP, refer to the guide here.

For more information on Multipool and its features, please visit:

Website – www.multipool.finance

Telegram – t.me/multipoolfi

X – www.x.com/multipoolfi

About Multipool

Multipool is a cutting-edge decentralized exchange (DEX) transforming the trading landscape for real-world assets (RWAs) and cryptocurrencies. Multipool is designed for fairness and equality, featuring a fully decentralized on-chain order book, deep liquidity through dynamic bracket pools, and seamless trading of RWAs and cryptocurrencies. Utilizing world-class innovations including industry-first FIX APIs, low latency networks, zero price impact auctions, trustless RFQs, peer-to-peer repo lending, and MEV bot protection, Multipool sets a new standard in DeFi trading. Experience unparalleled efficiency and security in your trading journey with Multipool – The DEX with CEX appeal.

https://www.multipool.finance/

Multipool is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Contact

Public Relations ManagerAngie HermosaMultipoolpress@multipool.finance
$BEER, a New Solana-Based Memecoin Completes Pre-Sale of 30,000 SOL This WeekVictoria, Seychelles, May 22nd, 2024, Chainwire The Liquid Gold, $BEER, has become the most discussed topic on Solana over the past two weeks. $BEER has skyrocketed into Twitter trends across Europe & Asia, captivating beer lovers worldwide. After amassing an incredible community of over 300,000 followers on Twitter, Telegram, and Instagram in just a few days, Beercoin launched a massive pre-sale with a hard cap of 30,000 $SOL, equivalent to $5 million USD. This target was achieved in a record time. Pre-sale participants who joined before the $3 million mark will receive a 20% bonus in $BEER, while those who entered before the $5 million mark will receive a 15% bonus. With the pre-sale concluded, the Beercoin team is planning to list $BEER on Raydium and other DEXes in coming days. Also, the team has pre-announced a massive marketing campaign for $BEER holders and promoters with prizes such as a private jet trip to Oktoberfest and brand-new Tesla CyberTruck loaded with beer.  $BEER is aiming to get into the league of the industry giants like $PEPE, $WIF, and $FLOKI, which are now dominating the top of memecoin charts with billions in market cap. For those who missed the pre-sale, there will be plenty of opportunities to acquire $BEER. Users can stay updated by following the official Beercoin website and social media channels. About $BEER $BEER is more than another coin, it works as the universal currency of enjoyment, bringing people together regardless of their ethnicity or social status. Contact DirectorHandzy MykhBeersol Limitedteam@beercoin.wtf

$BEER, a New Solana-Based Memecoin Completes Pre-Sale of 30,000 SOL This Week

Victoria, Seychelles, May 22nd, 2024, Chainwire

The Liquid Gold, $BEER, has become the most discussed topic on Solana over the past two weeks. $BEER has skyrocketed into Twitter trends across Europe & Asia, captivating beer lovers worldwide.

After amassing an incredible community of over 300,000 followers on Twitter, Telegram, and Instagram in just a few days, Beercoin launched a massive pre-sale with a hard cap of 30,000 $SOL , equivalent to $5 million USD. This target was achieved in a record time. Pre-sale participants who joined before the $3 million mark will receive a 20% bonus in $BEER, while those who entered before the $5 million mark will receive a 15% bonus.

With the pre-sale concluded, the Beercoin team is planning to list $BEER on Raydium and other DEXes in coming days. Also, the team has pre-announced a massive marketing campaign for $BEER holders and promoters with prizes such as a private jet trip to Oktoberfest and brand-new Tesla CyberTruck loaded with beer. 

$BEER is aiming to get into the league of the industry giants like $PEPE, $WIF, and $FLOKI, which are now dominating the top of memecoin charts with billions in market cap.

For those who missed the pre-sale, there will be plenty of opportunities to acquire $BEER. Users can stay updated by following the official Beercoin website and social media channels.

About $BEER

$BEER is more than another coin, it works as the universal currency of enjoyment, bringing people together regardless of their ethnicity or social status.

Contact

DirectorHandzy MykhBeersol Limitedteam@beercoin.wtf
PrimeXBT to Democratise Financial Markets With Total Revamp and Upgraded Product OfferingMajuro, Marshall Islands, May 22nd, 2024, Chainwire Leading Cryptocurrency broker, PrimeXBT, has just launched a total revamp of its brand, website, and all-in-one platforms, as part of its vision to “democratise the financial markets” and “make investing available to all”.  PrimeXBT’s new look and feel debuts alongside equally substantial upgrades to the broker’s product offering, including lower fees across 100+ CFD markets, increased leverage on Crypto CFDs, and new fiat payment options, aiming to offer traders more for less. This is in addition to offering traders the ability to buy popular Cryptocurrencies like BTC, ETH, USDT, and USDC outright. The revamp is accompanied by a campaign simply titled “We listen”, where the Crypto broker reveals that a lot of the upgrades were inspired by client feedback. Additional upgrades to PrimeXBT’s offering include a substantially improved user experience across its website, webtrader, and app. The revamped PrimeXBT website now also features a ‘News’ section, so traders can get the latest news and insights from the Crypto world, and other CFD markets. Finally, the broker also debuted a new Partnership Program. Crypto Affiliates can earn up to $2,500 in CPA per client, and Introducing Brokers (IBs) can get up to 50% RevShare, making PrimeXBT’s the most competitive program currently on the market. Aleksandr Khvoinitskii, Head of Crypto Growth for PrimeXBT had this to say:“Our vision at PrimeXBT has always been to provide people with easy and immediate access to the markets, as well as the education and tools they need to succeed, regardless of their experience. We want to give the world control over their finances, once and for all, and we believe this revamp brings us closer to realising that vision.” The Crypto broker’s core brand values are clearly displayed on the upgraded PrimeXBT website; innovation, client-focus, empowerment, and transparency. All four are in clear focus with this wide-reaching revamp. The addition of new tools to the broker’s webtrader and app attest to innovation, while the simplified user experience empowers traders of all levels to take control of their finances. Making the language used across its website and platforms as clear and easy-to-understand as possible shows transparency, while helping build trust with their users. Finally, all of the changes and upgrades clearly reflect PrimeXBT’s client-focus, incorporating user feedback to improve the overall experience on offer. Users can learn more about the products and services PrimeXBT offers. About PrimeXBT PrimeXBT offers the only all-in-one trading platform that allows clients to buy and sell Cryptocurrencies, and use them to trade 100+ popular markets including Crypto Futures, and CFDs on Crypto, Forex, Indices, Stocks, and Commodities. Since being founded in 2018, PrimeXBT has grown exponentially to serve 1,000,000+ traders in 150+ countries all around the world. Clients enjoy the confidence of trading with an award-winning brand, committed to security, and benefit from round-the-clock support. Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. Virtual assets are inherently volatile and subject to significant value fluctuations, which could result in substantial gains or losses. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. PrimeXBT does not accept clients from Restricted Jurisdictions as indicated in our website.  Contact PrimeXBTpr@primexbt.com

PrimeXBT to Democratise Financial Markets With Total Revamp and Upgraded Product Offering

Majuro, Marshall Islands, May 22nd, 2024, Chainwire

Leading Cryptocurrency broker, PrimeXBT, has just launched a total revamp of its brand, website, and all-in-one platforms, as part of its vision to “democratise the financial markets” and “make investing available to all”. 

PrimeXBT’s new look and feel debuts alongside equally substantial upgrades to the broker’s product offering, including lower fees across 100+ CFD markets, increased leverage on Crypto CFDs, and new fiat payment options, aiming to offer traders more for less. This is in addition to offering traders the ability to buy popular Cryptocurrencies like BTC, ETH, USDT, and USDC outright. The revamp is accompanied by a campaign simply titled “We listen”, where the Crypto broker reveals that a lot of the upgrades were inspired by client feedback.

Additional upgrades to PrimeXBT’s offering include a substantially improved user experience across its website, webtrader, and app. The revamped PrimeXBT website now also features a ‘News’ section, so traders can get the latest news and insights from the Crypto world, and other CFD markets. Finally, the broker also debuted a new Partnership Program. Crypto Affiliates can earn up to $2,500 in CPA per client, and Introducing Brokers (IBs) can get up to 50% RevShare, making PrimeXBT’s the most competitive program currently on the market.

Aleksandr Khvoinitskii, Head of Crypto Growth for PrimeXBT had this to say:“Our vision at PrimeXBT has always been to provide people with easy and immediate access to the markets, as well as the education and tools they need to succeed, regardless of their experience. We want to give the world control over their finances, once and for all, and we believe this revamp brings us closer to realising that vision.”

The Crypto broker’s core brand values are clearly displayed on the upgraded PrimeXBT website; innovation, client-focus, empowerment, and transparency. All four are in clear focus with this wide-reaching revamp. The addition of new tools to the broker’s webtrader and app attest to innovation, while the simplified user experience empowers traders of all levels to take control of their finances. Making the language used across its website and platforms as clear and easy-to-understand as possible shows transparency, while helping build trust with their users. Finally, all of the changes and upgrades clearly reflect PrimeXBT’s client-focus, incorporating user feedback to improve the overall experience on offer.

Users can learn more about the products and services PrimeXBT offers.

About PrimeXBT

PrimeXBT offers the only all-in-one trading platform that allows clients to buy and sell Cryptocurrencies, and use them to trade 100+ popular markets including Crypto Futures, and CFDs on Crypto, Forex, Indices, Stocks, and Commodities. Since being founded in 2018, PrimeXBT has grown exponentially to serve 1,000,000+ traders in 150+ countries all around the world. Clients enjoy the confidence of trading with an award-winning brand, committed to security, and benefit from round-the-clock support.

Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. Virtual assets are inherently volatile and subject to significant value fluctuations, which could result in substantial gains or losses. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. PrimeXBT does not accept clients from Restricted Jurisdictions as indicated in our website. 

Contact

PrimeXBTpr@primexbt.com
XRP Price Surge, Solana’s Robust Revival, & BlockDAG’s $28.5M Presale Triumph: Spotlight on 2024’...The digital currency landscape is abuzz with notable activities involving XRP, Solana (SOL), and BlockDAG. Ripple’s ongoing legal tussle with the SEC has reignited interest in XRP, resulting in a price increase thanks to significant trading by large-scale investors. Solana appears on the brink of a resurgence as it attracts institutional money, suggesting a positive market turn. Meanwhile, BlockDAG has grabbed the spotlight, amassing $28.5 million in its presale and enhancing its dashboard, which signals promising returns and groundbreaking developments. XRP Enjoys a Price Uplift Amid Legal Updates and Significant Trading by Whales Amid Ripple’s continuing legal proceedings with the U.S. Securities and Exchange Commission, XRP has seen an uptick in attention. On May 13, Ripple’s CFO Amid Ripple’s continuing legal proceedings with the U.S. Securities and Exchange Commission, XRP has seen an uptick in attention. On May 13, Ripple’s CFO Jonathan Bilich petitioned to confidentially handle specific documents, boosting the market’s interest. Concurrently, whales transferred 280 million XRP tokens, showcasing substantial market movements. Over the past week, XRP’s price rose by 3.20%, reaching a trading price of $0.5223. Its trading volume surged by 44.20% to $859.07 million. This increase is supported by a growing investor base and a rise in open interest and derivatives trading, as stakeholders keep a keen eye on the unfolding legal scenario, expecting further fluctuations in price. Solana (SOL) Anticipates Market Recovery Boosted by Institutional Investments Institutional interest in Solana is spiking, recently observing $6 million in asset inflows, elevating the year-to-date net to $17 million. This influx, higher than other alternative coins have experienced earlier in the year, suggests a potential market advantage for SOL. The Relative Strength Index (RSI) is hinting at a transition from a bearish to bullish market sentiment, with the index nearing the 50.0 level. Currently priced at $174, Solana is positioned to potentially surpass the $180 threshold with sustained institutional support, targeting the critical $200 mark. Investors are advised to monitor these shifts as they could herald a significant upturn for SOL. $28.5M Presale and Dashboard Enhancements Elevate BlockDAG’s Market Position BlockDAG’s presale has successfully crossed the $28.5 million mark, driven by robust investor interest and notable enhancements to its platform. A significant update to the dashboard has refined the user experience and increased investor participation. New features include a notification tab and an announcements section to keep users informed. The dashboard’s ranking system introduces a competitive edge, encouraging investors by displaying their current standing and the progress needed to advance. These features are vital for maintaining investor interest and attracting new participants, thereby enhancing BlockDAG’s stature as a leading crypto investment for 2024. BlockDAG’s roadmap is dedicated to transparency and development, including the enhancement of a peer-to-peer engine, the launch of the BlockDAG Explorer for improved user interaction, and the introduction of the X1 Miner Application. These developments, combined with clear communication, foster trust and enthusiasm among the crypto community. BlockDAG is not merely keeping pace with market trends but is actively defining them. Crypto Market Outlook As XRP addresses its legal hurdles and Solana anticipates a bullish breakout, BlockDAG distinguishes itself with strategic enhancements and a notable $28.5M presale success. Its commitment to transparency and engaging user experience positions it as a prime investment for 2024. For those seeking innovative technology As XRP addresses its legal hurdles and Solana anticipates a bullish breakout, BlockDAG distinguishes itself with strategic enhancements and a notable $28.5M presale success. Its commitment to transparency and engaging user experience positions it as a prime investment for 2024. For those seeking innovative technology and significant investment returns, BlockDAG offers unmatched opportunities, paving the way for the future of crypto investments. Join BlockDAG Presale Now: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu

XRP Price Surge, Solana’s Robust Revival, & BlockDAG’s $28.5M Presale Triumph: Spotlight on 2024’...

The digital currency landscape is abuzz with notable activities involving XRP, Solana (SOL), and BlockDAG. Ripple’s ongoing legal tussle with the SEC has reignited interest in XRP, resulting in a price increase thanks to significant trading by large-scale investors.

Solana appears on the brink of a resurgence as it attracts institutional money, suggesting a positive market turn. Meanwhile, BlockDAG has grabbed the spotlight, amassing $28.5 million in its presale and enhancing its dashboard, which signals promising returns and groundbreaking developments.

XRP Enjoys a Price Uplift Amid Legal Updates and Significant Trading by Whales

Amid Ripple’s continuing legal proceedings with the U.S. Securities and Exchange Commission, XRP has seen an uptick in attention. On May 13, Ripple’s CFO Amid Ripple’s continuing legal proceedings with the U.S. Securities and Exchange Commission, XRP has seen an uptick in attention. On May 13, Ripple’s CFO Jonathan Bilich petitioned to confidentially handle specific documents, boosting the market’s interest. Concurrently, whales transferred 280 million XRP tokens, showcasing substantial market movements.

Over the past week, XRP’s price rose by 3.20%, reaching a trading price of $0.5223. Its trading volume surged by 44.20% to $859.07 million. This increase is supported by a growing investor base and a rise in open interest and derivatives trading, as stakeholders keep a keen eye on the unfolding legal scenario, expecting further fluctuations in price.

Solana (SOL) Anticipates Market Recovery Boosted by Institutional Investments

Institutional interest in Solana is spiking, recently observing $6 million in asset inflows, elevating the year-to-date net to $17 million. This influx, higher than other alternative coins have experienced earlier in the year, suggests a potential market advantage for SOL.

The Relative Strength Index (RSI) is hinting at a transition from a bearish to bullish market sentiment, with the index nearing the 50.0 level. Currently priced at $174, Solana is positioned to potentially surpass the $180 threshold with sustained institutional support, targeting the critical $200 mark. Investors are advised to monitor these shifts as they could herald a significant upturn for SOL.

$28.5M Presale and Dashboard Enhancements Elevate BlockDAG’s Market Position

BlockDAG’s presale has successfully crossed the $28.5 million mark, driven by robust investor interest and notable enhancements to its platform. A significant update to the dashboard has refined the user experience and increased investor participation. New features include a notification tab and an announcements section to keep users informed.

The dashboard’s ranking system introduces a competitive edge, encouraging investors by displaying their current standing and the progress needed to advance. These features are vital for maintaining investor interest and attracting new participants, thereby enhancing BlockDAG’s stature as a leading crypto investment for 2024.

BlockDAG’s roadmap is dedicated to transparency and development, including the enhancement of a peer-to-peer engine, the launch of the BlockDAG Explorer for improved user interaction, and the introduction of the X1 Miner Application. These developments, combined with clear communication, foster trust and enthusiasm among the crypto community. BlockDAG is not merely keeping pace with market trends but is actively defining them.

Crypto Market Outlook

As XRP addresses its legal hurdles and Solana anticipates a bullish breakout, BlockDAG distinguishes itself with strategic enhancements and a notable $28.5M presale success. Its commitment to transparency and engaging user experience positions it as a prime investment for 2024. For those seeking innovative technology As XRP addresses its legal hurdles and Solana anticipates a bullish breakout, BlockDAG distinguishes itself with strategic enhancements and a notable $28.5M presale success. Its commitment to transparency and engaging user experience positions it as a prime investment for 2024. For those seeking innovative technology and significant investment returns, BlockDAG offers unmatched opportunities, paving the way for the future of crypto investments.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu
Multipool Partners With BSO Enabling Ultra-fast Low Latency TradingMajuro, Marshall Islands, May 21st, 2024, Chainwire Multipool, a leading innovator in the blockchain and cryptocurrency industry, announces corporate partnership with industry-leading global connectivity provider BSO, enabling ultra-fast low latency trading on Multipool. The combined tech offers users a comprehensive suite of fully decentralized trading tools delivering the best DEX price execution in the industry. Fully utilizing BSO’s cutting-edge technology and direct access to financial market data centers, Multipool will offer the following features to users trading on the platform: Equinix NY4 – a pivotal data center for secure connectivity within the North American financial markets trusted connectivity hub for NYSE trading. Equinix TY3 – the gateway to Japan’s stock exchanges. CME – the closest proximity to CME Globex trade matching engine. Equinix LD4 – the interconnection nerve center for the UK’s stock exchanges. “We are revolutionizing decentralized finance trading with an efficient, secure, and versatile solution tailored to meet the exacting demands of traders and investors. The era of rudimentary order execution mechanisms and subpar price execution is drawing to a close. By partnering with BSO, traders can expect a seamless DEX trading experience, underpinned by the critical connectivity and market access foundation we provide.” Wojciech Kaszycki, a Core Contributor at Multipool. “For over two decades, BSO has been a trailblazer in global financial connectivity. We’ve consistently led the charge in identifying emerging investment classes, models, regions, and technologies. Whether it’s HFTs, Algo trading, Crypto, or now, decentralized finance (DeFi), we’ve recognized the need for enhanced connectivity early on, investing significantly to develop targeted solutions.” Michael Ourabah, BSO’s Chief Executive Officer. On the cutting edge of Cryptocurrencies Multipool provides financial traders & investors with the features of a centralized exchange on a fully compliant and stable decentralized platform for trading real-world assets (RWAs) and cryptocurrencies. Multipool’s landmark capability is its fully decentralized on-chain order book, offering the precision of a traditional order book with deep levels of liquidity, optimal price execution and exceptional trading efficiency. Other key features include decentralized limit ordering and hybrid order execution, zero price impact auctions, P2P Repo Lending and trustless RFQs (request for quotes). Stay in the know Multipool’s vision for unlocking DeFi’s untapped potential is outlined in its whitepaper, which explains Multipool’s governance, protocol capabilities and tokenomics for its native token, $MUL. Multipool’s LBP is now live on Fjord Foundry – Fjord Foundry $MUL LBP To learn more about Multipool and its features, users can visit: Website – www.multipool.finance Telegram – t.me/multipoolfi X – www.x.com/multipoolfi About Multipool Multipool is a cutting-edge decentralized exchange (DEX) transforming the trading landscape for real-world assets (RWAs) and cryptocurrencies. Multipool is designed for fairness and equality, featuring a fully decentralized on-chain order book, deep liquidity through dynamic bracket pools, and seamless trading of RWAs and cryptocurrencies. Utilizing world-class innovations including industry-first FIX APIs, low latency networks, zero price impact auctions, trustless RFQs, peer-to-peer repo lending, and MEV bot protection, Multipool sets a new standard in DeFi trading. Experience unparalleled efficiency and security in your trading journey with Multipool – The DEX with CEX appeal. https://www.multipool.finance/ About BSO Founded in 2004 and serving the world’s largest financial institutions, BSO is a global pioneering infrastructure and connectivity provider, helping over 600 data-intensive businesses across diverse markets, including financial services, technology, energy, e-commerce, media and others. BSO owns and provides mission-critical infrastructure, including network connectivity, cloud solutions, managed services and hosting, that are specific and dedicated to each customer served. The company’s network comprises 240+ PoPs across 33 markets, 50+ cloud on-ramps, is integrated with all major public cloud providers and connects to 75+ on-net internet exchanges and 30+ stock exchanges. The team of experts works closely with customers in order to create solutions that meet the detailed and specific needs of their business, providing the latency, resilience and security they need regardless of location. BSO is headquartered in Ireland and has 11 offices across the globe, including London, New York, Paris, Dubai, Hong Kong and Singapore. www.bso.co Contact Public Relations ManagerAngie HermosaMultipoolpress@multipool.finance

Multipool Partners With BSO Enabling Ultra-fast Low Latency Trading

Majuro, Marshall Islands, May 21st, 2024, Chainwire

Multipool, a leading innovator in the blockchain and cryptocurrency industry, announces corporate partnership with industry-leading global connectivity provider BSO, enabling ultra-fast low latency trading on Multipool. The combined tech offers users a comprehensive suite of fully decentralized trading tools delivering the best DEX price execution in the industry.

Fully utilizing BSO’s cutting-edge technology and direct access to financial market data centers, Multipool will offer the following features to users trading on the platform:

Equinix NY4 – a pivotal data center for secure connectivity within the North American financial markets trusted connectivity hub for NYSE trading.

Equinix TY3 – the gateway to Japan’s stock exchanges.

CME – the closest proximity to CME Globex trade matching engine.

Equinix LD4 – the interconnection nerve center for the UK’s stock exchanges.

“We are revolutionizing decentralized finance trading with an efficient, secure, and versatile solution tailored to meet the exacting demands of traders and investors. The era of rudimentary order execution mechanisms and subpar price execution is drawing to a close. By partnering with BSO, traders can expect a seamless DEX trading experience, underpinned by the critical connectivity and market access foundation we provide.” Wojciech Kaszycki, a Core Contributor at Multipool.

“For over two decades, BSO has been a trailblazer in global financial connectivity. We’ve consistently led the charge in identifying emerging investment classes, models, regions, and technologies. Whether it’s HFTs, Algo trading, Crypto, or now, decentralized finance (DeFi), we’ve recognized the need for enhanced connectivity early on, investing significantly to develop targeted solutions.” Michael Ourabah, BSO’s Chief Executive Officer.

On the cutting edge of Cryptocurrencies

Multipool provides financial traders & investors with the features of a centralized exchange on a fully compliant and stable decentralized platform for trading real-world assets (RWAs) and cryptocurrencies.

Multipool’s landmark capability is its fully decentralized on-chain order book, offering the precision of a traditional order book with deep levels of liquidity, optimal price execution and exceptional trading efficiency. Other key features include decentralized limit ordering and hybrid order execution, zero price impact auctions, P2P Repo Lending and trustless RFQs (request for quotes).

Stay in the know

Multipool’s vision for unlocking DeFi’s untapped potential is outlined in its whitepaper, which explains Multipool’s governance, protocol capabilities and tokenomics for its native token, $MUL.

Multipool’s LBP is now live on Fjord Foundry – Fjord Foundry $MUL LBP

To learn more about Multipool and its features, users can visit:

Website – www.multipool.finance

Telegram – t.me/multipoolfi

X – www.x.com/multipoolfi

About Multipool

Multipool is a cutting-edge decentralized exchange (DEX) transforming the trading landscape for real-world assets (RWAs) and cryptocurrencies. Multipool is designed for fairness and equality, featuring a fully decentralized on-chain order book, deep liquidity through dynamic bracket pools, and seamless trading of RWAs and cryptocurrencies. Utilizing world-class innovations including industry-first FIX APIs, low latency networks, zero price impact auctions, trustless RFQs, peer-to-peer repo lending, and MEV bot protection, Multipool sets a new standard in DeFi trading. Experience unparalleled efficiency and security in your trading journey with Multipool – The DEX with CEX appeal.

https://www.multipool.finance/

About BSO

Founded in 2004 and serving the world’s largest financial institutions, BSO is a global pioneering infrastructure and connectivity provider, helping over 600 data-intensive businesses across diverse markets, including financial services, technology, energy, e-commerce, media and others.

BSO owns and provides mission-critical infrastructure, including network connectivity, cloud solutions, managed services and hosting, that are specific and dedicated to each customer served.

The company’s network comprises 240+ PoPs across 33 markets, 50+ cloud on-ramps, is integrated with all major public cloud providers and connects to 75+ on-net internet exchanges and 30+ stock exchanges. The team of experts works closely with customers in order to create solutions that meet the detailed and specific needs of their business, providing the latency, resilience and security they need regardless of location.

BSO is headquartered in Ireland and has 11 offices across the globe, including London, New York, Paris, Dubai, Hong Kong and Singapore.

www.bso.co

Contact

Public Relations ManagerAngie HermosaMultipoolpress@multipool.finance
Common AMM Launches on Aleph Zero: the First Step Towards Releasing the Ultimate ZK DeFi SuiteZug, Switzerland, May 21st, 2024, Chainwire Cardinal Cryptography, core developer of the zero-knowledge, privacy-focused blockchain Aleph Zero, announced today the launch of Common Automated Market Maker (AMM), the first mainnet release of a novel DeFi platform, Common. Positioned as a decentralized exchange (DEX), Common’s Automated Market Maker (AMM) delivers a user-friendly trading experience, complete with the built-in bridge between Aleph Zero and Ethereum, MOST, and the initial rollout of the platform’s broader capabilities.  Introducing Common AMM and Bridging on Aleph Zero With the Common AMM rollout, Common takes the first step on a journey to becoming a multi-chain DeFi suite designed to optimize the trading experience by addressing trading efficiency, enhancing on-chain confidentiality, and boosting liquidity–all while ensuring users retain full custody over their assets. Rooted in research developed by Cardinal Cryptography and Nethermind, Common will transcend traditional trading platforms by integrating a comprehensive all-in-one app experience. This will include a built-in wallet, seamless on- and off-ramps, and IBAN account integrations, setting a new standard in user convenience and financial integration.  Launched on Aleph Zero, Common AMM embodies the network’s commitment to on-chain privacy, robust security, and high performance within a user-friendly framework.  Key Features of Common AMM Now Live: Liquidity Pools and Farming: Allows users to provide liquidity and to potentially earn through farming, starting May 21st. Bridging: Common AMM includes a built-in bridge between Aleph Zero and Ethereum called MOST, which allows users to seamlessly move assets between the different networks. Swapping Mechanism: Enables straightforward token exchanges, to be enabled on May 23rd, after a liquidity building period. Looking forward, Common is set to expand into a full-scale DeFi suite, as detailed in the Common Whitepaper. Future upgrades will include a privacy-enhanced order book, comprehensive solutions for institutional trading, as well as support for EVM-based blockchains. These features are built on Aleph Zero’s commitment to data confidentiality and regulatory compliance, addressing the needs of an evolving DeFi environment.  Common Drops: A New Reward Initiative Concurrent with the launch, the Common Drops campaign will reward the community’s engagement. These tokens, initially non-transferable, will later be redeemed for CMN, the platform’s native token, after it goes live. Users can participate in Drops by staking AZERO and providing liquidity in Common AMM.  For more information, users can refer to the latest blog post.  Navigating Regulatory Challenges with Privacy-Focused Solutions As regulatory landscapes evolve, Common offers a robust platform that aims to seamlessly blend stringent compliance with financial privacy.  Uses can experience seamless trading on Common AMM today and follow the development of the Common platform as it evolves to become the ultimate privacy DeFi suite.  For more information about Common, users can visit https://common.fi/ and read the Common Whitepaper. Users can already try the app on the Aleph Zero Mainnet. About Aleph Zero Aleph Zero is a layer 1 blockchain engineered for speed, data confidentiality, and ease of development. It achieves efficiencies akin to conventional web2 systems, upholds rigorous standards for data protection via Zero Knowledge Proofs. Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications that are supported by Aleph Zero programs. For more information, users can visit https://alephzero.org/  For media inquiry Josh Adams, josh@serotonin.co  Contact PR ManagerJosh AdamsCardinal Cryptographyjosh@serotonin.co

Common AMM Launches on Aleph Zero: the First Step Towards Releasing the Ultimate ZK DeFi Suite

Zug, Switzerland, May 21st, 2024, Chainwire

Cardinal Cryptography, core developer of the zero-knowledge, privacy-focused blockchain Aleph Zero, announced today the launch of Common Automated Market Maker (AMM), the first mainnet release of a novel DeFi platform, Common. Positioned as a decentralized exchange (DEX), Common’s Automated Market Maker (AMM) delivers a user-friendly trading experience, complete with the built-in bridge between Aleph Zero and Ethereum, MOST, and the initial rollout of the platform’s broader capabilities. 

Introducing Common AMM and Bridging on Aleph Zero

With the Common AMM rollout, Common takes the first step on a journey to becoming a multi-chain DeFi suite designed to optimize the trading experience by addressing trading efficiency, enhancing on-chain confidentiality, and boosting liquidity–all while ensuring users retain full custody over their assets. Rooted in research developed by Cardinal Cryptography and Nethermind, Common will transcend traditional trading platforms by integrating a comprehensive all-in-one app experience. This will include a built-in wallet, seamless on- and off-ramps, and IBAN account integrations, setting a new standard in user convenience and financial integration. 

Launched on Aleph Zero, Common AMM embodies the network’s commitment to on-chain privacy, robust security, and high performance within a user-friendly framework. 

Key Features of Common AMM Now Live:

Liquidity Pools and Farming: Allows users to provide liquidity and to potentially earn through farming, starting May 21st.

Bridging: Common AMM includes a built-in bridge between Aleph Zero and Ethereum called MOST, which allows users to seamlessly move assets between the different networks.

Swapping Mechanism: Enables straightforward token exchanges, to be enabled on May 23rd, after a liquidity building period.

Looking forward, Common is set to expand into a full-scale DeFi suite, as detailed in the Common Whitepaper. Future upgrades will include a privacy-enhanced order book, comprehensive solutions for institutional trading, as well as support for EVM-based blockchains. These features are built on Aleph Zero’s commitment to data confidentiality and regulatory compliance, addressing the needs of an evolving DeFi environment. 

Common Drops: A New Reward Initiative

Concurrent with the launch, the Common Drops campaign will reward the community’s engagement. These tokens, initially non-transferable, will later be redeemed for CMN, the platform’s native token, after it goes live. Users can participate in Drops by staking AZERO and providing liquidity in Common AMM. 

For more information, users can refer to the latest blog post. 

Navigating Regulatory Challenges with Privacy-Focused Solutions

As regulatory landscapes evolve, Common offers a robust platform that aims to seamlessly blend stringent compliance with financial privacy. 

Uses can experience seamless trading on Common AMM today and follow the development of the Common platform as it evolves to become the ultimate privacy DeFi suite. 

For more information about Common, users can visit https://common.fi/ and read the Common Whitepaper. Users can already try the app on the Aleph Zero Mainnet.

About Aleph Zero

Aleph Zero is a layer 1 blockchain engineered for speed, data confidentiality, and ease of development. It achieves efficiencies akin to conventional web2 systems, upholds rigorous standards for data protection via Zero Knowledge Proofs. Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications that are supported by Aleph Zero programs.

For more information, users can visit https://alephzero.org/ 

For media inquiry

Josh Adams, josh@serotonin.co 

Contact

PR ManagerJosh AdamsCardinal Cryptographyjosh@serotonin.co
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