The bull run may not have arrived as of now. In any event, the news is! Potential investors are looking for the best crypto to purchase.

As the digital currency market continues to gain ground, we presently see the rise of numerous other cryptocurrencies which are hoping to draw in the consideration of investors.

However, BEFE has come to the spotlight with astonishing and extraordinary inventive highlights. It has been remarkable since its send off, creating greatest opportunities for investors.

BEFE: Altering The Crypto market

BEFE is carrying an insurgency to the crypto space making it simple for potential investors and traders. It’s remarkable highlights is a pointer to the outstanding opportunities investors and traders will get in their blockchain system. The elements of befe have seen it flood high in this crypto space.

The cost of befe has seen a consistent increment since it’s emergence. This has drawn the consideration of numerous expected potential investors. The rise in its price is as a result of development bringing to the crypto space something investors ave been looking for quite a while.

BEFE’S Value Expectation Over the long haul

Befe has been seeing a decent upturn in its cost and this has got potential investors contributing to acquire recurring, automated revenue for what’s to come. The cost of BEFE over the long haul is set to see a more massive increase, making it see 1$. Investors anticipate it will arrive at this price in the coming bull run.

BEFE is the highest level above numerous other digital currencies. Despite the fact that it’s last all time high was in January, there will undoubtedly be a retracement and from that point we will be seeing one more all time high before the bull.

This is an ideal opportunity to stack up some BEFE and hold for what’s in store. The capability of this Coin is a grandstand, that what is to come will be perfect and monetary advantages will go with the same pattern.

BEFE Coin: Advancement For A Better Trading Ecosystem 

BEFE has such countless creative highlights. This has prompted its astonishing development in the crypto space inside a brief timeframe. It’s development to rebuild and work on the decentralized blockchain is what many other cryptocurrencies are neglecting to do.

The desire of potential investors is to use every opportunity that a promising task offers. The potential opportunity BEFE offers in the formation of a decentralized blockchain, it’s openness to potential investors to decide on propositions and proposals that will influence it emphatically.

Conclusion

BEFE is the way to monetary achievement. Stowing now for what’s in store is a great move toward monetary development, as the eventual fate of BEFE is as of now blossoming.It is important to check out their website for more info

The post BEFE Coin’s Investment Outlook: Maximizing Returns with Confidence appeared first on Metaverse Post.

While the recent bear market changed the dynamics of the Crypto market especially that of weaker projects, it also shone a spotlight on resilient gems like Bitgert. As Bitcoin’s halving knocks on the door, Bitgert stands poised for even greater growth. 

So let us understand what Bitcoin halving is and why it could significantly improve the Bitgert coin’s price.

Understanding Bitcoin Halving

Bitcoin halving is an event that the crypto world looks forward to. It occurs roughly every four years. Halving involves the reward for miners who solve complex problems to generate new Bitcoins getting cut in half. This mechanism is designed to fight inflation and increase Bitcoin’s value by limiting its supply. As you would know, there will only ever be 21 million Bitcoins in existence.

About the Bitgert Coin

Bitgert is a very popular new age cryptocurrency project focused on delivering blockchain solutions that are both superfast and very affordable. It offers near-zero gas fees and a staggering 100,000 transactions per second (TPS). This makes it stand head to head with industry leaders like Solana and Cardano.

Moreover, the modern investor is very much impressed by Bitgert’s stand on sustainability. 

Bitgert’s strategic partnerships, such as its collaboration with the meme coin BEFE where investors stake BRISE and earn BEFE rewards, also strengthen its position in the market.  Currently trading at $0.0000001816 (April 20th, 2024), Bitgert has seen an amazing 8.42% price increase in the past 24 hours. This is not it as experts are still predicting continued growth.

Halving’s Impact on Bitgert

History suggests a positive correlation between Bitcoin halving and price surges of altcoins with growth potential. Before the first halving, Bitcoin traded around $12.  In the buildup to the next halving, its price skyrocketed to $1200 –  a 10,000% increase. This trend has repeated time and again. In addition to this, the altcoin market also sees simultaneous growth.

Halving events also spark renewed investor interest in the crypto space. With its impressive features and strong fundamentals, Bitgert is well-positioned to benefit from the upcoming halving.

As mentioned currently, Bitgert is currently being traded at $0.0000001816. Many are expecting the altcoin to grow by more than 200% post-halving. This in itself is a piece of massive news for anyone interested in putting their bet on Bitgert. 

Conclusion

So, based on historical data and Bitgert’s brilliant set of offerings, the 4th Bitcoin halving could significantly increase the value of altcoins like Bitgert. However, as with any investment, always conduct thorough research before making a decision.

The post Bitgert Coin’s Price Trajectory Post Bitcoin Halving: Detailed Analysis appeared first on Metaverse Post.

Web3Preneur, the leading platform for connecting web3 enthusiasts across the globe, today unveiled its ambitious 2024 mission: to create a one-stop solution for everything web3, from ideation to investment.

BlockOn’s legacy is one of fostering innovation and collaboration in blockchain. Through impactful events, they’ve united industry leaders, innovators, and enthusiasts – 55,000 attendees strong!; to explore the future of Web3. With over 2,050 speakers, 675 sponsors, and 100+ partners, these impressive numbers showcase not just their reach, but their role as a powerful catalyst for meaningful change in the blockchain space.

Building upon the success of Blockon’s legacy and the impressive Web3Preneur 2023 Asia edition which achieved remarkable results, exceeding all previous benchmarks. Boasting an impressive 2,121 registrations, 722 confirmed attendees representing 75 countries, the event solidified BlockOn’s position as a premier destination for the Web3 community in Asia. This year’s 1st Web3Preneur event will take place during Eth Dubai on 21st April in Dubai, UAE, a global hub for innovation and blockchain technology.

Web3Preneur: Seize the Future of Web3

The internet revolutionized communication, interaction, and information access. Now, Web3 stands poised to be the next paradigm shift. Experts predict a $49.1 billion market by 2030, with Web3 fundamentally altering global trade and the digital landscape. Web3Preneur is at the forefront of this transformation, bridging the gap between Web2 and Web3 and empowering entrepreneurs.

Bridging the Web2 to Web3 Gap: A Crucial Step

The transition from Web2’s centralized platforms to Web3 presents challenges. Many lack the knowledge and tools to navigate this new environment. Web3Preneur, powered by the NuFi ecosystem, becomes an indispensable link, fostering entrepreneurial ventures and propelling Web3 growth.

A Paradigm Shift: Parallels to the Mobile Revolution

Similar to how the mobile revolution seamlessly shifted us from desktops to smartphones, Web3 offers a transformative leap. Grand View Research estimates the global blockchain market to reach $17.46 billion by 2030, with a CAGR of 87.7%. This emerging market presents a wealth of opportunities, particularly for Gen Z and startups who are more aligned with the new Web3 landscape.

Unlocking Global Potential: Empowering Growth and Prosperity

Web3’s impact extends beyond technology. It has the potential to democratize global economic opportunities. Decentralized work platforms and the removal of geographical barriers allow individuals worldwide to compete for jobs on a global scale, leading to increased salaries and equitable economic growth.

This mirrors the internet’s economic boom. According to Nasscom’s 2022 report, India’s IT-BPM sector alone contributes over $200 billion to its GDP. Web3 holds similar potential for exponential growth, as evidenced by the World Bank report citing the internet’s direct contribution to India’s 150% per capita income rise between 2005 and 2020. Web3Preneur is well-positioned to act as a catalyst in accelerating this growth.

Web3Preneur: Your Gateway to the Future

Built by BlockOn and powered by NuFi, Web3Preneur leverages NuChain, the world’s fastest blockchain, to cater to diverse industries like: eGovernance, Banking & Finance, Travel, Real World Assets, Gaming & Entertainment, Tokenization. However, Web3Preneur goes beyond a platform. Its unique “look before you book, try before you buy” approach allows individuals to experience Web3 firsthand before committing. Additionally, it fosters industry networking, encouraging collaboration and innovation.

This reflects BlockOn’s commitment to bridging the Web2-Web3 gap. Web3Preneur extends beyond the digital sphere, actively fostering connections through immersive events. The inaugural Web3Preneur Asia Series in 2023 spanned five key locations, and this year expands to a ten-part extravaganza across nine countries, offering unmatched networking and learning opportunities.

Empowering Women in Web3: Fostering Inclusive Growth

Web3Preneur champions inclusivity and diversity within the sector.  The Women.Web3Preneur program, launched during the 2024 Asia Series, exemplifies this commitment. It offers dedicated resources like a women’s desk and a 10-week business and career accelerator to empower women and bridge the gender gap in the Web3 ecosystem. A 2023 Coindesk report highlights the critical need for initiatives like Women.Web3Preneur, as women currently hold less than 10% of leadership positions in the blockchain industry.

The NuChain and NuFi Ecosystem: Powering Innovation

Web3 ecosystem is evolving rapidly, however, the sector is still hamstrung by bottlenecks and system latency. These limitations restrict horizontal and vertical scalability. NuChain solves this critical vulnerability by presenting a future-ready blockchain platform that boasts of industry-best 200,000 TPS. NuChain is ably supported by NuFi ecosystem. While NuChain is the world’s fastest blockchain that delivers unparalleled speed and scalability; NuFi is a leading venture capital firm that provides financial and strategic support to promising startups. The six verticals that NuChain sepifically targets are: eGovernance, Banking & Finance, Travel, Real World Assets, Gaming & Entertainment, Tokenization. Additionally, the Web3 Travel Vertical within the ecosystem offers unique travel experiences tailored for the Web3 community.

The Pillars of Web3Preneur: Fuel Your Growth

Web3Preneur provides everything you need to succeed in Web3:

Fastrack Development: Find your perfect match, whether it’s the ideal project, skilled talent, or strategic partnership. Collaborate and innovate to reach new heights.

Forge Powerful Partnerships: Leverage our extensive network of leading projects, investors, and service providers. Expand your reach and gain access to valuable resources.

Build Sustainable Revenue: Web3Preneur empowers you to create and capture long-term value.

Raise-up: Explore avenues for funding and investment support.

Secure Grants: Explore a diverse range of funding options, from individual investors to grant programs and VC firms. Get the capital you need to bring your vision to life.

A Thriving Ecosystem for Web3 Success

Effortlessly connect, collaborate, and conquer the Web3 frontier with Web3Preneur. This all-in-one platform streamlines your Web3 journey by providing:

Effortless connections: Discover the perfect projects, talent, and funding opportunities through powerful matching algorithms and a curated community.

Amplified growth: Network with industry leaders, access expert guidance, and leverage exclusive events to fuel your success.

Time & cost savings: Generate high-quality leads, find skilled professionals, and access valuable resources, all in one place.

Matching Made Easy: Streamline your fundraising or investment journey by connecting with the right partners through our innovative matching system.

Empowering Women in Web3: Web3Preneur’s dedicated initiative, women.web3preneurs, provides funding, support, and resources to help women entrepreneurs thrive in this dynamic field.

Unmatched Web3 Directory: Connect and collaborate with a curated list of top web3 entrepreneurs, investors, and talent, including graduates from Blockon’s prestigious portfolio companies joining Web3Preneur.

Revolutionizing Lead Generation: Our secure and efficient platform facilitates lead generation with built-in scam protection, a unique value proposition in the evolving web3 landscape.

Global Events Fostering Growth: 

Network and learn from the best at over 10 events planned worldwide in 2024, including the Dubai flagship event during Token2049. Here’s a glimpse of some of the exciting gatherings:

ETH Dubai – Web3preneur Eth Dubai Edition

Coinfest.Asia – Web3preneur Indonesia Edition

Korea Blockchain Week – Web3preneur South Korea Edition

Malaysia Blockchain Week – Web3preneur Malaysia Edition

Token 2049, Singapore– Web3preneur Singapore Edition

Future Blockchain Summit – Web3preneur FBS Dubai Edition

Devcon South East Asia, Bangkok – Web3preneur Thailand Edition Date

ETH India – Web3preneur India Edition

Expansion of Blockon’s Portfolio:

As part of our commitment to supporting the growth of the Web3 ecosystem, Web3Preneur is proud to welcome all of our portfolio companies under the Blockon umbrella. These pioneering companies, including Braands.io, wowTalkies, Web3Travels, BlockTing, RapidZ, Alluma, Web3Vacations, Ecotrader, OBIO, Masterverses, ShipFinex, and Cypher Blockchain, and launching NuFi – a revolutionary VC firm and world’s fastest Blockchain – NuChain, exemplifying the innovation and potential inherent in the Web3 space.

Join Us in Shaping the Future of Web3

Web3Preneur is committed to building a robust and inclusive web3 ecosystem. Don’t miss your chance to be a part of this exciting journey!

Call to Action:

Register today for the Web3Preneur 2024 Dubai event at Le Meridien Dubai Hotel & Conference Centre during Token2049 and unlock a world of possibilities in web3!

Link to Registration Page

About Web3Preneur

Web3Preneur is a one-stop solution for web3 enthusiasts, entrepreneurs, and investors. Our platform connects individuals and organizations, fosters collaboration, and empowers innovation across the web3 landscape.

The post Web3Preneur Announces 2024 Mission: Building the Ultimate Web3 Ecosystem/Web3Preneur Unveils BlockOn Legacy and Exciting Plans for 2024 appeared first on Metaverse Post.

Entertainment-centered ecosystem developed as a modular rollup utilizing zkSync‘s hyperchain technology, Sophon (SOPH) unveiled its node sale to enable node holders to manage the blockchain’s sequencer and earn sequencer fees.

The sale is set to commence on April 30th, featuring 200,000 nodes offered through a tiered pricing structure. There will be no limit on the number of nodes that one can acquire during the sale.

To minimize expenditure on gas fees, nodes will be sold on zkSync. Following receipt, nodes will be non-transferable for a duration of one year. Additionally, claiming rewards for operating a node on Sophon will initiate a lock-up period of three months for those rewards.

Furthermore, once zkSync implements proof-of-authority (PoA) mechanism for hyperchains, running a node on Sophon will play a role in decentralizing the Sophon network. Node operators are also expected to earn rewards in the form of Sophon’s native token for their contributions to maintaining and ensuring the integrity of the blockchain’s decentralized infrastructure.

Sophon Reveals Tokenomics, Allocates Rewards for Node Operators and Stakeholders

In conjunction with the announcement, Sophon has unveiled its tokenomics, outlining that rewards for node operators will constitute 20% of the total supply emitted over a 36-month period. These rewards will be subject to an additional 3-month lock-up period after claiming. The allocation will be gradually released over the next three years, contingent upon sustained participation as a node operator throughout this timeframe.

Moreover, the Sophon Foundation will be allocated 25% of the total supply, subject to a 12-month cliff and 36-month vesting period. Seed contributors will receive 20% of the total supply, subject to a 12-month cliff and 24-month vesting period. Meanwhile, advisors will receive 5% of the total supply, subject to a 12-month cliff and 36-month vesting period, with 30% of the total supply reserved for the ecosystem reserve.

While engaging in the node sale presents an initial avenue for acquiring SOPH tokens, the project plans to introduce further methods for obtaining SOPH through an airdrop mechanism. As part of this process, users will have the opportunity, subject to relevant terms and conditions, to stake specific assets to become eligible for an SOPH airdrop. The initial asset unveiled for this purpose is BEAM, the native token of the Beam network.

Utilizing the ZK Stack, Sophon is uniquely crafted to accommodate a wide array of high-throughput applications, ranging from AI to gaming applications. This blockchain serves as a conduit for seamless interaction between developers and users and is supported by zkSync, Beam, Zentry, and Aethir.

Recently, the project raised $10 million in investment to further enhance its decentralized infrastructure. The funding round was led by Paper Ventures and Maven11, with participation from Spartan, SevenX, OKX Ventures, and Huobi Ventures.

The post Modular Blockchain Sophon Announces Node Sale And Allocates 20% SOPH Token Supply To Node Operators appeared first on Metaverse Post.

Antoni Zolciak, Co-Founder of Aleph Zero, provided exclusive insights during TOKEN2049 into the platform’s advancements in blockchain technology. According to him, with features like near-instant transaction finality and the proprietary AlephBFT consensus protocol, Aleph Zero addresses common blockchain concerns such as scalability, security, and decentralisation. He then shed light on Aleph Zero’s community-driven development, proactive regulatory compliance, and integration of innovative technologies like ZK-SNARKs and sMPC to enhance user privacy.

What differentiates Aleph Zero from other L1 blockchains currently available?

The main difference between Aleph Zero and other L1s is threefold: we want to make Web3 development easy, scalable, and embedded with data confidentiality. What we mean by that last point is that we want to provide developers with the right primitives to build Web3 applications that respect user data from the ground up–and give users a choice on what to share and what to keep private. We believe that the only option to achieve that is to build a system that is compliant with the AML/CFT regulations. Aleph Zero also has near-instant transaction finality, which takes just 0.9s on average.How does Aleph Zero address common concerns in blockchain technology, such as scalability, security, and decentralisation?

There are many parts of the network that address these in different ways. But in a nutshell, we could say it all comes down to the AlephBFT consensus protocol. It’s our proprietary take on a PoS system that makes use of a Directed Acyclic Graph (DAG) to offer speed and scalability, extensive security that tolerates even 33% malfunctioning nodes, and a rotating committee mechanism that ensures decentralisation.

What are some of the most exciting solutions being developed by the company?

There’s a lot happening in the Aleph Zero ecosystem. Cardinal Cryptography, the core team that built Aleph Zero, is currently working on Common, a special kind of DEX that features a private order books mechanism and true user data confidentiality that even mitigates the effects of the MEV problem. And while Aleph Zero uses a tech stack derived from Substrate–with modifications required to house AlephBFT–we’re excited about the upcoming EVM compatibility.

What role does the Aleph Zero community play in the company’s development and governance?

Since the early days, Aleph Zero has been driven by its community, which led to a very active user base and engaged members on our Discord and other social media channels. We take community suggestions and feedback and incorporate them into our products–such as enabling validator pruning, simplifying the UX around our products, or simply addressing any other issues.We work with Ambassadors who help with pre-release testing and community engagement, hand in hand with our Community Management team.Could you share some of the latest challenges Aleph Zero has faced and how the team overcame them?Onboarding to a new layer 1, with a new tech stack, is a hurdle for some developers, with the need for additional onboarding, attracting users that need to use a bit non-standard wallets and methods, and beyond it all, you want the DeFi ecosystem to flourish, bringing in liquidity to the products.

Our proactive efforts include the Ecosystem Funding Program, which provides developers with comprehensive support materials, financial grants, and extensive guidance to ensure their projects not only start strong but also reach significant milestones toward Mainnet launches.

How does the company plan to expand its user base and adoption in the coming years?

Stellar products are what drive users, make them stay, and tell their friends about the product, translating into powerful network effects. But as we’re on the brink of ecosystem expansion and new product launches, we’ve come up with the idea of an ecosystem-wide campaign called Alephoria. It’s a set of incentives for AZERO stakers and users to get rewarded and acknowledged for playing a role in our ecosystem. We’re excited to reveal more information about that in the coming weeks!

How is Aleph Zero preparing for potential regulatory changes in the blockchain space?

We’ve always been very conscious of regulation and even preemptively staying on the right side of the law — or even potential laws. 

For example, our privacy layer has a built-in ZK-ID mechanism that effectively means that only users who obtain the ZK-ID by doing KYC with one of the providers will be able to enter the private setting. This is a proactive approach towards the AML/CFT regulations by enabling users to benefit from privacy and also making the system auditable for regulatory purposes.

There’s no shying away from the regulations, and thanks to our proactive approach, we’re building the network in a way that can benefit from them and onboard the next wave of institutions and enterprises coming to Web3.

Regarding the novel AlephBFT consensus protocol, what are the key differences and potential advantages over traditional consensus mechanisms like proof-of-stake and proof-of-work? 

Technically, PoS and PoW are Sybil-resistant schemes required to make a permissionless network operate to ensure a malicious actor cannot control the network without a large economic barrier. Not consensus protocols. AlephBFT is a classical consensus protocol, and the decentralised system combines AlephBFT and PoS to create a permissionless network. What is great about AlephBFT is that it is highly efficient – so efficient, in fact, that the research team proved that you cannot obtain better performance and security theoretically but can only match it. One of the key ideas behind this is that instead of immediately organising transactions in a chain, the network instead begins by organising transactions through an intermediary data structure known as a Directed Acyclic Graph (DAG) and then eventually ordering all the transactions into a blockchain.So with AlephBFT, the network tolerates even 33% of the nodes malfunctioning, can operate under the harshest network conditions of total asynchrony between nodes, and enables transaction below a second, which makes it one of the fastest networks out there by this metric. It’s secure and efficient.

How does the integration of ZK-SNARKs and sMPC in Aleph Zero’s platform enhance user privacy compared to other blockchain technologies? 

On the technical level, Aleph Zero’s privacy is purely software-based, which means it doesn’t require any specific hardware to offer that privacy. Our ZK verifier component is also highly performant, even 10X faster than in other privacy-oriented projects, according to the first benchmarks. This is a significant advancement since ZK technology requires extensive computing power. And with sMPC, the applications with privacy can be endless–whenever ZK falls short–such as when storing the smart contract’s state–sMPC comes in to offer a powerful, complete framework.

What upcoming features or updates can users and developers look forward to?

We have just launched Mainnet 13.3 Zahir, which reduces the transaction fees ten times to just 0.00003 AZERO, together with other key improvements around scalability, stability, and network resilience.The developers can already build on the Mainnet, while the upcoming privacy layer will enable a host of new confidentiality-related features using Zero Knowledge Proofs to verify data without disclosing it. EVM developers should also find their home on Aleph Zero soon.

What were Aleph Zero’s primary goals for participating in Token 2049? What do you expect from these events for your community and the company?

We want to showcase what they can do on Aleph Zero. Every time we participate in such events, we see a lot of people who discover Aleph Zero and immediately start building the most interesting ideas across so many different verticals–the privacy aspect is what opens a bag of new ideas for most, especially combined with the speed.We would love to get feedback from these participants at events like Token 2049 on new ways in which we can improve the network and make it more useful to them. Live events are also a great way to foster connections, but recently, we’ve also been using them to announce major developments or partnerships. During the week of Token2049, we announced our collaboration around DePin infrastructure with stc Bahrain, one of the major telecoms in the Gulf region, and announced the major release of Mainnet Zahir.

The post What’s Next for Aleph Zero? Antoni Zolciak Shares Mainnet Updates, Plans, and Key Partnerships at TOKEN2049 appeared first on Metaverse Post.

During the TOKEN2049 in Dubai, we had a chance to talk with Edi Sinovčić, CEO of Nimbora, a Starknet-based cross-chain yield strategy platform that’s making waves in the DeFi space. We delved into how Nimbora uses Starknet’s Zero-Knowledge Rollups to achieve significantly lower gas fees compared to the Ethereum Mainnet, enhancing accessibility and affordability in decentralised finance.

Could you elaborate on how Nimbora leverages Starknet’s Zero-Knowledge Rollups to achieve significantly lower gas fees compared to the Ethereum Mainnet?

Nimbora is a Starknet-based cross-chain yield strategy platform that enables users to engage with Layer 1 protocols (Ethereum) at a fraction of the cost. Powered by the innovative minds at the SpaceShard team, Nimbora leverages Starknet’s Zero-Knowledge Rollups to provide cost-effective DeFi strategies without compromising security or trust.

What specific benefits does Nimbora offer in terms of cost savings for users engaging in DeFi transactions compared to traditional Ethereum mainnet interactions?

Nimbora drastically lowers transaction costs via Starknet’s L2 solution, offering gas fees up to seven times less than those on the Ethereum mainnet. Our approach makes DeFi more accessible and economical for everyone.

Our unique batching mechanism pools transactions, allowing DeFi interactions on the L1 network at a fraction of the usual cost. This process not only reduces expenses but also makes DeFi more inclusive.

Regarding the STRK incentives on Liquity troves through Nimbora, could you provide more information on how these incentives work and how users can benefit from them?

We are a part of Starknet’s DeFi Spring initiative, where we give all Nimbora users STRK incentives every two weeks by the end of October 2024.

Liquity is renowned for its innovative interest-free borrowing on Ethereum, having issued over $4.5 billion in loans. Our platform provides a unique opportunity for users to interact with this protocol, offering attractive STRK incentives with a staggering ~40% APR.

How does Nimbora ensure a significant reduction in L1 gas fees for transactions, and what are the typical cost savings users can expect when utilising the platform?

There are two troves; the lower collateral trove has been subsidised by the Nimbora x Liquity collaboration, so you pay ZERO L1 gas fees. This enables you to borrow for under $0.025 per transaction, making your borrowing experience smooth and cost-effective.

What measures does Nimbora take to ensure swift transaction processing times, particularly in comparison to the Ethereum Mainnet?

Nimbora is powered by AA on top of Starknet, which allows users to benefit from trustworthy execution backed by innovative technology. It provides trustless execution, allowing users to engage in financial transactions securely without the need for intermediaries.

Could you outline which wallets are compatible with Nimbora and how users can seamlessly access DeFi services through these wallets?

Currently, Nimbora supports the Argent X and Braavos wallets, combining simplicity with security to enhance your DeFi interactions. More wallet integration will come soon.

Regarding the Nimbora Yield DEX system, could you explain in detail how the share token mechanism operates to facilitate access to Layer 1 yields through Layer 2 without additional costs for users?

Nimbora has two main pieces: one is L1 yield strategies similar to Yearn, and on L2, we have an intent aggregation system that manages the user layer. This way, Nimbora can offer users seamless (almost free transactions) while still being fully decentralised.

What are the key architectural views of the Nimbora Yield DEX system, and how do they contribute to its operational functionality and scalability?

So basically, we can think of Nimbora as the next step in the evolution of modular DEXes and money markets. At first, everything was monolithic, then protocol was separated from risk management, and now, on top of that, the user layer was separated into L2s.

How does Nimbora simplify the borrowing process for users, particularly in terms of selecting troves with different collateral ratios and managing transactions and debt repayments?

Our strategies are beneficial for users who want to leverage their assets without selling them. If the ETH value goes up while the loan is active, repaying it becomes more profitable as users get back their ETH, which is now more valuable.

Once the collateral is deposited and locked, users can borrow against it according to the platform’s loan-to-value ratio. If the value of the collateral falls below certain thresholds, the system may automatically liquidate the assets to repay the loan.

In what ways does Nimbora contribute to the broader DeFi ecosystem beyond its integration with Liquity, and what partnerships or collaborations are in the pipeline to enrich the platform further?

Nimbora can scale any computation from other chains to the chain where the users are while aggregating their intents together. That way, the cost per user will be reduced, and chain abstraction will be made a reality. Users can be on any chain and have any wallet to interact with their favourite strategy.

The post New DeFi Opportunities with Nimbora: Compatibility with Argent X and Braavos Wallets Simplifies Access to Yield Strategies Across Chains appeared first on Metaverse Post.

Hong Kong-licensed cryptocurrency exchange HashKey Exchange announced its decision to discontinue support for deposits and withdrawals linked to cryptocurrency exchange Binance-related addresses due to changes in platform policy. Previously, HashKey had specified its acceptance of deposits solely from Binance, marking it as the sole third-party exchange.

Cryptocurrency deposits originating from Binance addresses will cease from 00:00 UTC on May 10th. Furthermore, withdrawals to Binance-related addresses will also be halted from 00:00 UTC on May 17th. However, transactions involving whitelisted unhosted wallet addresses will remain unaffected by these changes.

Previously, the exchange had disclosed intentions to enable withdrawals from Bybit, OKX, and an additional 24 exchanges in the future, alongside Binance. However, it has since scaled back its integration plans to focus solely on Binance. Presently, withdrawals are restricted to whitelist addresses exclusively.

These regulations stem from the exchange operating as a domestic platform in Hong Kong, aligning with the city’s recently implemented Travel Rule for virtual asset service providers (VASPs), including cryptocurrency exchanges which is consistent with the guidelines established by the Financial Action Task Force (FATF) on an international level.

HashKey Group Expands Crypto Offerings with Launch of HashKey Global Exchange

HashKey Exchange, supported by HashKey Group, the largest licensed cryptocurrency exchange operator in Hong Kong, offers comprehensive trading services tailored for both professional and retail investors. Recently, HashKey Group unveiled its latest cryptocurrency exchange, HashKey Global, offering trading pairs for 21 cryptocurrencies and serving qualified retail customers worldwide. However, users from mainland China, Hong Kong, and the United States are excluded from accessing the platform’s services.

Unlike the widespread crackdown on cryptocurrency trading and mining observed in neighboring mainland China, Hong Kong extended a warm welcome to cryptocurrency-focused firms in the previous year. In June 2023, the city officially launched its cryptocurrency licensing regime for trading platforms, allowing licensed exchanges to provide retail trading services. To date, Hong Kong has granted licenses to two platforms — HashKey Exchange and OSL.

The post HashKey Exchange Suspended Deposits And Withdrawals From Binance-Associated Addresses appeared first on Metaverse Post.

In this interview with Naman Sanghvi, co-founder of the decentralised exchange ZKX, conducted within the scope of TOKEN2049, the concept of Web2.5 is explored in the context of the evolving landscape of Web3. Sanghvi talks about the intricacies of transitioning users from Web2 to Web3 platforms, emphasising the importance of simplicity, accessibility, and user-centric design. Through discussions on liquid governance, the advantages of Layer 2 solutions, and the future of decentralised finance, Sanghvi offers insights into ZKX’s innovative approach and its vision for the future of blockchain technology.

In one of the recent tweets from ZKX, it’s mentioned that The “Future of Web3 is Web2.5”. What does Web2.5 mean? 

Web3 is still very dependent; there are still a small number of people. We still need the entire infrastructure, support, and all the channels that are there in Web2. 

As much as Web3 is all about decentralisation, trying to organise everything, have self-custody, it’s also about not revealing identities. The reality is that to actually grow something massive like a Web2 company, you still need the same things. You need the money, the on-ramps, the users from Web2. Hence, we always say that the future of Web3 is Web 2.5. 

The important understanding over here is that until and unless you remove the barriers to entry of the Web3 experience, you can never have retail users start coming and using us. So, you have to think like a Web2 company; it has to be very simple.

In our case, we have to give them the experience of a centralised exchange. So, it’s like you log in with your password. It’s very much like a centralised exchange; everything is very simplified. Regional language, customer service, etc. If you don’t cover that, then you get stuck to just targeting the 15,000 and 20,000 DeFi traders across the world. But if we do that, we can target the millions of users that centralised exchanges can boast.

Are there any things from Web2 that you think we can extract and use in Web3?

There is still a certain type of check that ensures that you are not a criminal or a terrorist. Obviously, a lot of these solutions are in very nascent stages. I haven’t seen any mass deployments of them.

But I think these sorts of on-chain KYC solutions will be there, which still give you a certain amount of anonymity, but they actually clarify that you’re actually a legitimate person. I think something like that will appear soon, and that might be something quite useful.

How do you think it’s possible to attract more ordinary users to the decentralised exchanges?

For the end user, you need a product that is frictionless. Having ordinary people understand what staking means, reading white papers is too complicated. So, how do you simplify these things? You can simplify by bringing things, such as making Web3 things that are understandable to retail and relatable to them.

We designed a rewards system in a much simpler way. Just like in the real world, you hold shares in a company. So, the company makes money, and you get dividends.

We also cannot grow something aimed at retail users unless you give them regional language support, customer service, ease of use, and simplifying things. All of these factors together are very important. 

How do you plan to sustain the user growth and engagement witnessed in recent months, particularly with the introduction of new features such as Pro Trade’s 24-hour Leaderboard and visible trading fees? 

Most of the people that you find are very interested in trading. They love the idea of it, but they don’t really understand it. So we wanted to give them an experience, which was OG Trade. You only have market orders; you basically take positions and get rewarded for risk-taking. We also reward top volume, top profit and top losses. So it’s a playground where you can learn to trade and be rewarded even if you’re not losing.

Once you’re comfortable with that, then you can start using ProTrade, which is more professional in general. Coming from that mindset, we realised that being in ProTrade, it’s also important to incentivise ProTrade users as well. 

Also, it was extremely important to actually show trading fees because ProTrade also attracts large institutional clients. You have to earn their trust and show them that they’re not paying much more. You have to really show that visually over there. They’re actually here for long-term trading. And if somebody is doing this professionally, the fees really make a massive difference in making a choice.

Elaborate more on the liquid governance for the ZKX token and how it works for the token holders.

The idea is actually quite simple. You stake ZKX tokens, or you trade on ZKX. By doing both of these things, you will accrue ZKX digital shares. Think of them like soulbound tokens. You can’t transfer them; they are basically something that you earned.

But these soulbound tokens have decay built into them. So what it means is that if you unstake or you stop trading, they actually decay out over time. Only till the time you have these soulbound tokens, ZKX digital shares, will you be able to participate in the governance of the protocol as well as earn staking rewards. 

Unless you’re actively engaging with the protocol as a staker or trader, you should not be getting the rewards or be able to participate in the overall governance of the protocol. That’s what essentially liquid governance does; it gives flexibility and power to the actual users of the protocol instead of just the large token holders.

In what ways do you provide a smooth transition for traders from L1 to L2? And what are the advantages of moving to L2 for them?

We have our native bridge infrastructure, which helps in bringing liquidity from L1 to L2. Due to the ZKX account, you have a unique experience. The main reason for choosing to build on L2 and Starknet, in our case, was that they had tried and tested technology.

The benefits are obvious not only in terms of the safety and security that the L2 generally brings, but it’s obviously there. But the other super important bit for us at the time was also understanding that in the future, since being a derivatives DEX, you will be generating a lot of volumes and a lot of proofs, and they need to be settled somewhere. Every time you basically do the settlements, it actually costs us a lot.

We realised that after the Ethereum upgrade, which happened last month, the cost of these L2 transactions went significantly down. So it makes sense from a unit economics perspective to actually build over there because the business is stable.

Do you think there are still any issues in DeFi that should be addressed?

In terms of decentralised finance, it is a very flexible green field right now; there are a lot of things happening. Now, we have pre-launch perps, which is another speculative market for something that has not been launched. There were ecosystems like whale markets, where people were trading or creating secondary markets for unlaunched tokens. It’s amazing, but I think it could potentially create a lot of economic downfall.

It is very volatile, and you’ll see a lot of people losing money eventually, and it becomes a serious problem. It starts attracting the attention of the SEC and the authorities, and you have to be careful. You have to build something that is fair and innovative, but you may also be a little bit cautious in the future. 

Can you share your insights regarding Token2049 and the expected benefits?

We met some really amazing people over there in Dubai. We love to meet our existing partners face-to-face. It’s time for us to really connect with them. We’ve been working with a lot of people for so long that we never met, and we love to kind of catch up and figure things out. It always makes a very massive difference when we meet in person versus when we’re meeting like this, right?

In the next 1-2 months, we will have a listing, and we’re just looking at the exact dates and venues. We want to make an announcement once everything is locked up. So that’s why we’re kind of withholding ourselves. We have some names and dates, but we’ll share the latest updates very soon.

The post Naman Sanghvi Details ZKX’s Innovative Approach to Enhance User Experience and Drive Decentralisation appeared first on Metaverse Post.

Issuer of USD-pegged stablecoin USDT, Tether supported The Open Network (TON) blockchain, an ecosystem closely associated with the messaging application Telegram. This development was revealed through listings on the company’s transparency page.

The introduction of USDT on TON will facilitate smooth value transfer, fostering heightened activity and liquidity within the ecosystem. This initiative aims to provide users with a financial experience comparable to that of traditional financial systems. By incorporating USDT into the TON blockchain, accessibility to decentralized applications across various sectors, such as payments and gaming, is expected to broaden significantly.

Presently, $10 million in liquidity has already been injected. USDT on TON is scheduled to launch on April 20th. Moreover, TON is set to provide user incentives of 11 million TON to early adopters of USDT on the chain, as announced by Telegram CEO Pavel Durov during the TOKEN2049 conference.

Tether‘s integration with TON arrives as the circulating supply of USDT has exceeded 109 billion. Furthermore, the stablecoin’s total supply, which encompasses authorized but unissued tokens, has now surpassed 114 billion.

TON Expands Ecosystem, Enters Top 10 Blockchains By Market Capitalization 

TON is a decentralized Layer 1 network initially launched by Telegram, although it has been operating independently since the company discontinued its development due to regulatory issues. The ecosystem has experienced significant expansion, particularly with recent incentives aimed at bringing aboard Telegram users. This initiative has propelled the number of monthly active addresses to over 1.7 million, a substantial increase from less than 100,000 just six months ago, as reported by blockchain data from Tonstat. Additionally, Telegram has transitioned to utilizing the network’s native token, TON, for transactions on its advertising platform in March. The cryptocurrency has also ascended to the top 10 assets by capitalization, surpassing Dogecoin in market value.

Over the last 24-hour period, TON has witnessed a significant rise of almost 12%, with its current trading price standing at $7.10, as reported by CoinMarketCap.

Recently, TON developers have unveiled the blockchain roadmap for 2024, outlining several key initiatives. These include the implementation of gas-free transactions, the rollout of Wallet 5.0 updates, and the development of a novel cross-chain technology named Teleport. Additionally, the team has disclosed intentions to expand its presence in the Asian market.

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Blockchain security firm CertiK identified ongoing cyberattacks targeting the decentralized finance (DeFi) platform Hedgey Finance. Exploiting vulnerabilities within Hedgey Finance’s on-chain token infrastructure protocol, attackers have managed to siphon approximately $1.9 million in total funds.

The attacker utilized the ‘createLockedCampaign’ function, leveraging flash-loaned funds to obtain authorization for token expenditure from the victim. The victim contract has been drained of USDC, NOBL, and MASA tokens. Presently, attackers persist in stealing assets from Hedgey Finance, subsequently converting them into DAI through sales.

#CertiKInsightWe have seen an exploit on @hedgeyfinance for ~$1.9m.The attacker abused the 'createLockedCampaign' function with flash-loaned money to gain approval to spend tokens on the victim.The victim contract has been drained of USDC, NOBL, and MASA tokens. pic.twitter.com/CVWLChyGQc

— CertiK Alert (@CertiKAlert) April 19, 2024

Hedgey Finance has responded to the incident on social media platform X, indicating that the company is actively investigating an attack on the Hedgey Token Claim Contract. Users who have created active claims have been urged to cancel them.

“We are actively working with our auditors and team to understand the attack and stop any ongoing attack. We will share more information as we learn more,” said the Hedgey Finance team.

Security Alert: We're investigating an attack on the Hedgey Token Claim Contract. If you have created active claims, please cancel them using the "End Token Claim" button at https://t.co/Tt7Aq0n2dh. We are are actively working with our auditors and team to understand the attack…

— Hedgey (@hedgeyfinance) April 19, 2024

In the aftermath of the attack, NobleBlocks’ NOBL token witnessed a significant decline in price, plummeting by over 97% within a 24-hour timeframe, as reported by data from ConMarkeCap.

What is Hedgey Finance?

Hedgey Finance provides support for decentralized autonomous organizations (DAOs) and on-chain organizations in distributing tokens to teams, contributors, investors, and the community through on-chain, programmable token distributions. Its suite of tools integrates on-chain token streams with periodic release schedules and administrative features encompassing revocability and optional governance rights, facilitating the distribution and automation of token releases to designated recipients.

The project offers on-chain token vesting, lockups, claim portals, and other related products. It has partnered with various entities, including Arbitrum DAO, Celo, Gitcoin, Gnosis, Shapeshift, Index Coop, Collabland, and others, to integrate its suite of tools.

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Plans for the new network were officially unveiled live today at TOKEN2049 in Dubai, where Telos is a title sponsor

The Telos Foundation today announced that it will work with Ponos Technology, the leading Zero Knowledge Proof (ZKP) research and development firm, to begin to develop an end-to-end optimized, hardware-accelerated Ethereum Layer 2 network featuring SNARKtor, the Telos-developed decentralized recursive proof aggregator. The teams will take a hardware-software co-design approach that will help unlock new possibilities in terms of massive scalability, greater data protection and trustless interoperability for Ethereum users globally.

Ponos Technology provides end-to-end optimized solutions for ZK proving, which is essentially achieved by leveraging FPGA acceleration, thus maximizing business value streams through cost-performance optimized computation by matching hardware-software co-designed modules and dedicated execution environments. The team includes a unique blend of experienced scientists and highly skilled industry experts that have accumulated deep technical knowledge on all aspects of ZKPs.

“Zero Knowledge technology is going to become increasingly mainstream and can open the door to increased efficiency and security across so many industries,” said Slobodan Lukovic, CEO and co-founder, Ponos Technology. “Similarly to AI, steady enhancements in algorithms coupled with advancements in underlying hardware infrastructures will enable commoditization of ZKPs and result in the technology being widely adopted in the near future.”

Telos will also be working with several other new partners during the development cycle, including:

Digital M.O.B. – One of the strongest Ethereum developer teams in the world, having worked on projects including MetaMask, MakerDAO and Gnosis, among others. 

ATKA – A Paris-based end-to-end web3 incubator who helped incubate world class projects such as Morpho and Mangrove, and whom Telos announced a strategic partnership with in March 2024. 

Cometh – An award-winning dev team led by ETH France President Jerome de Tychey, who joined Telos as a technical EVM advisor also in March 2024.

Telos Executive Director John Lilic, who helped lead pioneering teams at ConsenSys and Polygon in addition to being a Top 50 Web3 angel investor, will help coordinate and support the transformation. He will work closely with Alberto Garoffolo, Head of ZK technology at Telos and co-author of the SNARKtor whitepaper, and Jesse Schulman, CTO and Head of Engineering at Telos. 

“Fundamentally, Ethereum will need to take a hardware-software co-design approach in order to realize zkEVM performance at tremendous scale,” said Lilic. “That’s the approach we’re taking with Ponos Technology and our growing partner network as we build a hardware-accelerated zkEVM L2. We believe that this formula, alongside the exciting work our team is doing with recursive proofs via SNARKtor, is going to offer compelling services to the Ethereum community and beyond.”

Telos was created in 2018 through a “fair drop” network launch that did not include an ICO nor token sale. Over the past six years, the Telos Foundation has helped steward the development of two primary networks – Telos EVM and Telos Zero – and will now also focus on building a  highly performant and succinctly provable L2 zkEVM.

Following TOKEN2049, additional details on the Telos L2 will continue to be announced in the lead up to EthCC in July, for which Telos is a primary sponsor. Live in Brussels from EthCC, the Telos team plans to broadcast its first-ever demo of SNARKtor to the world as a precursor to the official launch of the Telos L2. 

About Telos

Telos is a decentralized blockchain ecosystem that includes Telos EVM, which tested as the fastest Ethereum Virtual Machine globally, and its high-speed consensus layer, Telos Zero. The project is also focused on expanding its capabilities with novel Zero Knowledge technology through the development of a hardware-accelerated Ethereum Layer 2 network powered by SNARKtor, which promises to enhance privacy and scalability for global use cases. Telos is overseen by The Telos Foundation, an ownerless foundation dedicated to advancing the Telos blockchain network and its community.

Media Inquiries:

press@telos.net

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April 19th, 2024 — Merlin Chain, the largest Bitcoin Layer 2 protocol by total value locked (TVL), is thrilled to announce the launch of its native token, $MERL. As a significant enhancement to the Bitcoin network, Merlin Chain facilitates the rapid growth of decentralized applications (DApps) across various sectors, including decentralized finance (DeFi), gaming and social platforms.

Since its mainnet debut in February 2024, Merlin Chain has seen explosive growth, accumulating over $3.6 billion in TVL and fostering a vibrant ecosystem with more than 200 native DApps. The introduction of $MERL marks a pivotal moment in the evolution of Merlin Chain, offering enhanced governance, security and ecosystem development opportunities for its users.

$MERL Token Utilities and Features

$MERL, operating under the Bitcoin-compatible blockchain standard BRC-20, has a total supply of 2.1 billion tokens and is meticulously designed to empower the community through various utilities. 

Token holders can shape the future of Merlin Chain by voting on critical proposals, thus actively participating in governance. Additionally, users can stake $MERL to enhance the security of the network, ensuring its reliable performance. $MERL also facilitates the payment of transaction fees within the Layer 3 enhancements. Community members may support network operations through collator delegation or operate their collators by utilizing $MERL tokens. Furthermore, $MERL serves as native liquidity and collateral, enabling seamless transactions and robust lending mechanisms within the ecosystem.

$MERL Token Allocation

$MERL’s 2.1 billion tokens will follow the specified rules for allocation:

Merlin’s Seal

20% of the total supply of $MERL tokens will be airdropped to participants of the Merlin’s Seal event. This event showcased an impressive TVL of $3.6 billion, with 91% of these funds coming from the Bitcoin community, including $1.75 billion in BTC and $980 million in BRC-20 assets. This substantial support from the Bitcoin community has been vital to the rapid growth and expansion of Merlin Chain in recent months.

Public and Private Sales

1% of the total supply of $MERL tokens is designated for public sale through the People’s Launchpad, providing a broad range of investors with an opportunity to participate. Additionally, 15.23% of the total supply is allocated to private investors, who have access to tokens through two distinct release schedules.

Advisors and Team

3% of the total supply of $MERL tokens is reserved for strategic advisors whose expertise and guidance are instrumental to the project’s success, with a vesting schedule aligned with the platform’s growth. Additionally, 4.20% is allocated to the dedicated core team in recognition of their continuous contributions, ensuring their commitment to the project’s long-term development through a structured vesting plan.

Community and Ecosystem

16.57% of $MERL’s total supply is allocated for community rewards designed to foster participation and engagement within the ecosystem. 40% of the tokens are distributed through grants and incentives aimed at stimulating development and innovation on Merlin Chain.

$MERL will be distributed over a four-year timeline. 

Together, all token allocations enhance the vibrancy and growth of Merlin’s platform by rewarding active community involvement and supporting innovative projects that contribute to the ecosystem’s expansion.

$MERL Token’s Listing Schedule

Merlin Chain is set to mark a significant milestone with the upcoming listings of its native token, $MERL, on multiple crypto exchanges.

As a BRC-20 token, $MERL will be the third of its kind to be featured on OKX. Deposits will be available starting April 17, 2024, at 10:00 UTC; trading will begin on April 19, and withdrawals will be on April 20.

Additionally, $MERL will debut as the first new coin on Hashkey Global, following the same trading schedule as OKX.

Noteworthy listings also include Bitget, where deposits are already open, and trading set for April 19. Other platforms like Gate.io, Kucoin, WOO X, ByBit and BingX are aligning with similar deposit and trading schedules.

This expansion into various major exchanges underscores Merlin Chain’s robust growth and the community’s strong support, which has been instrumental in its development. The leadership of Merlin Chain expressed gratitude for the community’s role in this progress, emphasizing that these developments are just the beginning of their mission to “Make Bitcoin Fun Again” and unlock the full potential of Bitcoin through innovative Layer 2 solutions.

About Merlin Chain

Merlin Chain is a native Bitcoin Layer2 that is committed to empowering Bitcoin’s native assets, protocols, and products on Layer1 through its Layer2 network to Make Bitcoin Fun Again. Merlin Chain integrates the ZK-Rollup network, decentralized oracle network, and on-chain BTC fraud-proof modules. Merlin Chain has locked over 3.5 billion TVL within 30 days after its mainnet launch. The team behind Merlin, Bitmap Tech, is a premier OG team boasting an overall market cap exceeding $500 million. The BRC-420 “Blue Box” collection under Bitmap Tech has become one of the hottest assets on Ordinals.

Website | Twitter | Discord | Telegram

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With blockchain technology gaining popularity in 2024, the future of finance is slowly changing. People no longer want to use centralized exchanges with the awareness of decentralized ones. Now countries are adopting Bitcoin ETFs and slowly pushing the movement.

According to stats the meme coin market had the most significant gains in the first quarter of 2021 yielding great profits for early investors. Although, after the bear market correction that took place, these meme coins had little to no sustainability.

However, one meme coin stands to change that by providing real-world utility to its investors – BEFE Coin.

Investors Support Fueling Bullish Momentum

The BEFE project has recorded huge growth of over 554% since its launch in November 2023 and last month it recorded 5x its growth from when it was launched. No wonder there’s so much bullish momentum riding on the BEFE hype. Analysts have predicted that this coin would rise even further to an 800% growth in the coming months.

Looking at its growth it’s very apparent to see that the meme coin has a huge support from various investors. Leveraging on its partnership with the Bitgert chain where traders and users can stake and earn rewards on the BEFE token. The BEFE token can also be exchanged and swapped on decentralized platforms such as Pancake and Uniswap. 

With its tight community of over 80k members, the BEFE project has also been able to properly cement its positioning in the crypto market using social media hype and parody. The coin has also got listed on Solana, and some other exchanges by the end of the month. This would push and drive the growth and adoption of the BEFE meme coin.

What also makes this meme coin everyone’s favorite aside from other meme coins is its use of blockchain technology to solve issues of scalability, speed, efficiency and sustainability. The market performance analysis of the BEFE coin is also off the charts.

BEFE Coin: Increasing Demand and Sustaining Scarcity

One of its features in sustainability is its employment of a burning mechanism, in which a certain percentage of its supply gets burned on each transaction. This would reduce supply and increase its demand thereby increasing the price of the coin. While the meme coins normally do not have a capped supply, the BEFE coin has a capped supply of 100B. This ensures its sustenance in the long run.

Technical indicators are all such as the moving average convergence and the RSI are looking positive signaling a strong buy for the BEFE coin. With these facts, investors are hyped and looking at what is next for the BEFE coin.

The best time to diversify your portfolio, mitigate risk, and adopt a sustainable option is now. BEFE offers this with real utility. 

To learn more, visit BEFE.

The post Is BEFE Coin the Next Big Cryptocurrency to Watch for Price Gains? appeared first on Metaverse Post.

With the growing attention to Bitgert in the past few weeks, we could be seeing a big move in the price action soon. But first, let’s address the elephant in the room; Bitcoin halving.

The Bitcoin halving is no longer a new story in the crypto scene. This is something that happens almost every 4 years. Bitcoin has launched since 2009, which means this will be at least the fourth Bitcoin halving. But, one thing this halving has become synonymous with over the years is the surge in Bitcoin price after halving. But, the price regulates faster after the halving and attention starts shifting to the next big project in the crypto market.

The question is which coin will be the next big thing after Bitcoin halving? Bitgert could be your best bet crypto project to invest in for a bigger profit. So, what makes Bitgert special in this large market?

Let’s take a closer step to Bitgert to have a good understanding of what makes Bitgert coin a good candidate for the next big crypto project after the Bitcoin halving.

A Coin Built on Innovation

The first thing that makes Bitgert a better choice is its approach to problem-solving. Using cryptocurrency has gone beyond just sending and receiving coins. It has become a means for financial freedom. But rising challenges are making the transactions harder by the day. Bitgert is introducing new features to resolve this issue with the Bitgert BRISE coin.

A first with this challenge is the bottleneck of slow transaction speed. The Bitgert team is currently developing its Bitgert BRISE coin on an innovative mechanism that uses proof of authority to achieve faster transaction speed. At the moment, Bitgert has a transaction speed that is over 10 times faster than any other crypto project in the crypto market. The Bitgert BRISE is currently running at 100,000 transactions per second; nothing beats that speed at this moment.

Another innovative approach that catches attention is how it ensures investors are continuously rewarded. Bitgert has a burning mechanism that operates at a constant 12% per transaction, i.e. it burns an equivalent 12% off every transaction you make with the Bitgert coin. This approach means the total circulating supply is continuously reduced, which also means the Bitgert coin is continuously becoming valuable after every transaction.

The interesting thing is that many other features are currently moving towards making crypto transactions easier and better. With these innovations, betting on Bitgert to be the next big move after the Bitcoin halving will be a rewarding move for your portfolio.

Keep up with the Bitgert innovations from the Bitgert website.

The post Is Bitgert Coin the Next Big Cryptocurrency After Bitcoin Halving? appeared first on Metaverse Post.

Cross-chain bridge Meson Finance announced that it had removed the phishing tweet from its social media X feed, which was published earlier today. The project confirmed that the issue stemmed from a third-party application programming interface (API) rather than a direct attack on its account. Meson Finance emphasized that its account has since returned to normal operation.

Meson Finance has advised users who have interacted with the suspicious content to utilize the preventive tool Revoke to cancel any unintended wallet approvals.

Revoking token approvals is crucial when encountering a malicious approval on a phishing website. If not revoked, these approvals can remain active indefinitely, posing a significant security risk. Historical instances have shown established projects being compromised, and failing to revoke approvals could leave users vulnerable, potentially even years after their last interaction with the link.

There were suspicions of theft of Meson Finance’s X account, as it had shared and pinned a post containing a phishing airdrop link while also disabling public comments.

Safety WarningApproximately 30 minutes ago, an unauthorized post was made through our Twitter account. We quickly removed the content and confirmed that the issue stemmed from a compromised third-party API, not a direct attack on our account.Everything has now returned…

— Meson Finance (@mesonfi) April 19, 2024

Meson Protocol functions as a swap protocol facilitating swaps with minimal fees and slippage across various networks, encompassing Ethereum, BNB Chain, Tron, Avalanche, Polygon, Fantom, Aurora (NEAR), Cronos (Cosmos), Conflux eSpace, Moonbeam (Polkadot), Moonriver (Kusama), Aptos, and EOS. 

Additionally, it supports Layer 2 rollups such as Arbitrum, Optimism, and zkSync. The protocol has undergone auditing by SSLabs and is presently undergoing a rigorous code review conducted by Trail of Bits.

Be Cautious: CertiK Report Reveals 83 Incidents and $64 Million in Losses In Q1, 2024

As per the recent findings of blockchain security firm CertiK, the overall number of incidents linked to phishing attacks has surged to 83, including 26 cases of private key compromises in the first quarter of this year which have resulted in cumulative losses amounting to $64 million. Moreover, the sophistication and efficacy of phishing attacks have escalated to concerning levels, with 18 instances causing losses exceeding $1 million each.

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Recent investment deals in crypto and AI have sparked a wave of innovation and collaboration in the tech industry. Microsoft’s $1.5 billion venture with UAE’s G42 signals a strategic move to bolster its AI capabilities, while Oracle’s $8 billion commitment in Japan underscores its focus on cloud computing and AI infrastructure. Apple’s $250 million investment in Singapore solidifies its longstanding presence in the region, while the Winklevoss twins’ $4.5 million investment in a ninth-tier football club highlights the growing intersection of traditional sports and digital assets. These investments mark a pivotal moment in the evolution of technology and finance, shaping the future of global innovation and collaboration.

Microsoft Embarks on $1.5 Billion Venture with UAE’s G42, Pioneering New Frontiers in Global Tech Collaboration

In an effort to strengthen its position in the quickly changing IT industry, Microsoft Corporation has revealed a ground-breaking $1.5 billion investment in G42, an AI company with its headquarters located in the United Arab Emirates. This calculated action, coupled with Microsoft President Brad Smith becoming a member of G42’s board of directors, not only strengthens their current connection but also represents a major change in international tech alliances. Against a backdrop of intensifying competition, this investment demonstrates Microsoft’s dedication to growth and innovation by utilising G42’s experience in AI services and applications, particularly with regard to their Arabic language model, Jais. With strict guarantees to the governments of the United States and the United Arab Emirates about safe AI development, the deal’s uniqueness attracts attention despite its challenging geopolitical context. 

This move strengthens Microsoft’s position in the Middle East and contributes to the UAE’s growing prominence as a tech hub, especially in the fields of artificial intelligence and cryptocurrencies. This cooperation, which is expected to affect economies and sectors alike, marks a revolutionary era in global digital collaboration with an emphasis on developing a competent AI workforce through a $1 billion investment fund.

Oracle Commits Over $8 Billion Investment in Japan for Cloud Computing and AI Expansion

Oracle has revealed its audacious ambitions to invest over $8 billion in Japan, indicating a decisive step to meet the region’s soaring need for cloud computing and artificial intelligence infrastructure. The IT titan wants to dramatically expand its presence in Japan. This includes improving customer service in its cloud regions located in Tokyo and Osaka, as well as strengthening its backing for regional technical teams. Focused on enabling the smooth migration of vital workloads to Oracle Cloud, the organisation highlights its dedication to innovation promotion in compliance with legal and sovereignty standards. 

Apple Expands Singapore Campus and Strengthens Its Commitment with $250 Million Investment

Apple has revealed plans to invest over $250 million to expand its campus in the Ang Mo Kio area of Singapore, marking a substantial increase in the company’s footprint there. After more than 40 years of steady expansion and community involvement, Apple’s relationship with Singapore is at a turning point, thanks to its most recent effort. With just 72 workers when it opened its first location in 1981, Apple has grown into a massive corporation with over 3,600 people who contribute to many areas of the business’s operations. Singapore is Apple’s primary operations hub in the area, housing key positions in services, hardware, software, and customer support. 

This expansion demonstrates Apple’s commitment to fostering innovation and employment growth in tandem with its goal of constructing a more sustainable and environmentally friendly future for all.

Billionaire Twins to Invest $4.5 Million into Ninth-Tier Football Club, Eye Premier League Aspirations

The non-league football team Real Bedford FC (RBFC) from Bedfordshire has benefited financially from a $4.5 million investment from well-known cryptocurrency investors Tyler and Cameron Winklevoss, who are also the co-founders of Gemini. For the ninth-tier English football team, the investment—made through their investment business Winklevoss Capital—marks a critical turning point and advances its goals to the highest levels of the game. Together with the Winklevoss brothers, Peter McCormack, the cryptocurrency podcaster who bought RBFC in 2021 with the intention of turning it into a Premier League challenger, will now share ownership of the team. This cooperation, in which the Winklevoss brothers use their cryptocurrency knowledge to promote RBFC’s growth trajectory, highlights the intersection of conventional sports and digital assets.

The post This Week’s Top Deals, Major Investments in AI, IT, Web3, and Crypto (15-19.04) appeared first on Metaverse Post.

Modular blockchain Avail (AVAIL) announced its strategy for the Unification Drop, dispersing 600,000,000 tokens among the 354,605 community wallet addresses upon the release of Avail DA, its decentralized blockchain securing blockspace for other networks on mainnet. The process of verifying claims is currently underway and will continue until 11:59 pm GMT on May 4th.

The initiative is focused on fostering unity among various stakeholders, including participants in governance activities, builders, stakers, rollup users, and technical educators. The airdrop is designed to recognize and reward individuals who are actively contributing to the ecosystem by facilitating the creation of blockchain’s core infrastructure.

Therefore, the project plans to distribute 90,000,000 tokens to developers within its ecosystem who significantly contributed to GitHub repositories. Another 49,500,000 tokens will be allocated to incentivized testnet contributors, including those who achieved recognition on the Clash of Nodes testnet leaderboard and winners of the Light Client Light-off challenge.

Additionally, 380,000,000 tokens will go to active users of rollups, while 70,000,000 tokens will be earmarked for Polygon PoS stakers. Community contributors will receive 10,500,000 tokens as well.

Furthermore, 10,000 wallets holding Avail OG non-fungible tokens (NFTs) will also be eligible for distribution. To authenticate the claims, contributors are required to complete the claiming procedure outlined on the Avail claim website.

Avail Innovates Rollup Scalability, Focusing On Data Availability Problem Solutions

Avail offers a rollup infrastructure accessible to the entire community. Originating within Polygon Labs, the project evolved into a completely autonomous venture throughout nearly four years of its functioning.

The project focuses on developing solutions for the data availability problem, addressing the obstacles hindering rollup scalability. Avail DA utilizes KZG commitments and data availability sampling to scale rollups effectively. Additionally, Avail Nexus serves as a central hub, simplifying cross-chain operations and enabling a bridgeless cross-chain experience for end-users. Avail Fusion expands restaking capabilities to support multiple assets, enhancing overall security.

The project’s native token functions as a utility token in the core of the Avail network, fuelling all aforementioned solutions and unifying Web3 technologies. It enables participation in the governance process, secures the unification layer via staking, and facilitates access to Avail DA services.

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Layer 2 scaling solution for the Ethereum blockchain, Arbitrum unveiled a community proposal soliciting feedback regarding potential modifications to its blockchain expansion strategy, known as the “Arbitrum Expansion Program.” The proposal aims to explore the possibility of deploying Orbit chains on networks beyond Ethereum.

Over the past month, Arbitrum Foundation, the driving force behind the development of Arbitrum, has been approached by various ecosystem projects operating on networks such as Cosmos, BNB Chain, and Bitcoin, expressing interest in deploying Orbit chains on alternative networks. Consequently, the Arbitrum DAO was tasked with deliberating on whether to grant permission for such deployments.

If approved, the Arbitrum Foundation will oversee the collection of 10% of the profit generated on the new blockchain, with plans to eventually transfer these funds to the Arbitrum DAO treasury and the Arbitrum Protocol Guild.

In conjunction with the proposal, three governance conference calls were slated to take place at 10:00 UTC on April 22nd, at 16:00 UTC on April 26th, and at 20:00 UTC on April 30th. After these discussions, a snapshot will be captured, and the votes will be categorized into two groups, including “any blockchain” and “only Ethereum Layer 1.”

What is Arbitrum Expansion Program?

Arbitrum Orbit presents a decentralized way for launching tailored blockchains employing Arbitrum technology. These Orbit Chains can function as either Layer 2 blockchains, settling directly onto Ethereum, or Layer 3 blockchains, capable of settling onto any Ethereum Layer 2, like Arbitrum One.

Arbitrum introduced an Arbitrum Orbit expansion initiative earlier this year, offering a self-service route to deploy custom Layer 2 or Layer 3 Orbit blockchains on Ethereum. Through this program’s profit-sharing framework, the Orbit chain possesses the capability to create customized blockchains that settle directly onto Ethereum or other Ethereum Layer 2 scaling solutions, including optimistic rollups, ZK-rollups, optimiums, and validiums.

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BlockDAG is making a significant mark in the cryptocurrency world, surging ahead to reach $0.006 in its latest pricing batch. This impressive growth positions it ahead of Ethereum’s recent rally outpaces the solid gains of Binance Coin. What sets BlockDAG apart is not just its robust financial performance but also its innovative marketing strategy. The team has announced an extraordinary teaser for a keynote video set on the moon, a first in the crypto industry. This pioneering approach is designed to catapult BlockDAG’s visibility and prestige, showcasing its potential as a leader in the space. 

As BlockDAG advances with this unique promotional tactic, it stands out as a compelling investment in 2024, blending advanced technology with strategic marketing to reshape the landscape of digital currencies.

Rebound and Resilience: The Ethereum Story 

Ethereum has navigated its fair share of market fluctuations, enduring a challenging correction before successfully rebounding to climb above the $3,000 mark. The cryptocurrency now encounters resistance of around $3,200, yet it finds consistent support at the $3,000 level. This recovery is pivotal as Ethereum continues to evolve, striving to cement its status as a leader in the blockchain industry. These developments are essential for Ethereum to maintain its leading position in the ever-changing realm of digital currencies. As it adapts and grows, Ethereum’s resilience in overcoming these hurdles showcases its potential to remain at the forefront of technological advancements in cryptocurrency.

Binance Coin Eyes Bold Ascent

Binance Coin (BNB) is charting a promising trajectory, spurred by anticipation of the next Bitcoin halving and vigorous network activity. With a year-to-date increase of 87%, BNB oscillates between $519 and $586. Analysts speculate a potential climb to $1,000 by 2024, buoyed by bullish market trends and positive sentiments, which paint BNB as a robust investment for the year.

Innovative Strides with BlockDAG

BlockDAG sets itself apart with a platform that accommodates low-code and no-code development, making it particularly appealing for creating meme coins and diverse, decentralised applications. Such inclusivity broadens its appeal to a wide range of developers, including those with limited coding expertise, thereby enlarging the blockchain developer community. Following the release of its Technical Whitepaper V2 and a celebrated event at The Sphere in Las Vegas, BlockDAG is on track for potentially realising a 30,000x return on investment as it moves to Batch 10 priced at $0.006, showcasing robust growth and enriching its ecosystem of developers and investors.

BlockDAG has taken an audacious marketing step by announcing a teaser for an upcoming keynote video directly from the moon. This unique promotional endeavour is set to elevate BlockDAG’s visibility is significant, emphasising its commitment to innovation and marking a monumental phase in its presale activities.

BlockDAG’s Bright Outlook Among Crypto Titans

As Ethereum and Binance Coin demonstrate potential for significant growth, BlockDAG presents an enticing alternative with its cutting-edge platform and strategic positioning in the market. Having amassed over $18.1 million from presales and an additional $2.2 million from miner sales, BlockDAG is not merely participating in the crypto evolution—it is at the forefront. By combining accessibility, operational efficiency, and a promising growth trajectory, BlockDAG is shaping to be a key cryptocurrency contender in 2024, offering substantial returns and spearheading innovations in the blockchain sector.

Join BlockDAG Presale Now: 

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

The post Top Cryptos to Buy Now: BlockDAG Propels to $0.006, Triumphs Over Ethereum and Binance Coin with Moon-Based Teaser  appeared first on Metaverse Post.

As the cryptocurrency community buzzes with anticipation over the upcoming Bitcoin halving, another wave of excitement is sweeping through the market. Amidst the fervor, Healix Protocol’s HLX token presale is experiencing a surge in interest and activity. With investors eager to capitalize on the halving frenzy, the HLX token presale offers a unique opportunity to ride the wave of excitement and secure a stake in the future of healthcare.

The Bitcoin Halving Effect: Fueling Interest in HLX Token Presale

As searches for Bitcoin halving-related topics reach unprecedented levels, the excitement is visible. Investors around the globe are seeking ways to leverage this historic event for maximum returns. Enter Healix Protocol’s HLX token presale, which has emerged as a beacon of opportunity amidst the halving hype. With its innovative approach to healthcare and promising growth potential, the HLX token presale has captured the attention of savvy investors looking to diversify their portfolios and capitalize on the halving momentum.

Unlocking Potential: HLX Token Presale Offers Exclusive Benefits

At the heart of the HLX token presale lies a promise of opportunity and growth. Backed by Healix Protocol’s visionary approach to healthcare finance, the presale offers investors exclusive benefits and incentives to participate. From discounted token prices to early access to groundbreaking healthcare solutions, the HLX token presale presents a complete proposition for those looking to secure their financial future and contribute to a worthy cause.

Navigating the Halving Storm: Healix Protocol’s Resilience

As the halving frenzy reaches a fever pitch, Healix Protocol stands tall amidst the storm. With a steadfast commitment to innovation and a track record of success, the project remains resilient in the face of market volatility. By leveraging blockchain technology to revolutionize healthcare, Healix Protocol continues to pave the way for a future where access to quality healthcare is not just a privilege but a fundamental right.

Seize the Moment: Invest in the Future of Healthcare

In conclusion, as Bitcoin halving searches soar to new heights, the HLX token presale offers investors a golden opportunity to ride the wave of excitement and secure their place in the future of healthcare. With Healix Protocol leading the charge towards innovation and HLX token presale participants at the forefront of change, now is the time to seize the moment and invest in a brighter, healthier future for all.

Visit Healix website: https://healixprotocol.com/

Join Healix Telegram channel

Follow Healix on X

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