Blockchain News
BitcoinOS Verifies First-Ever ZK Proof On Bitcoin Mainnet, Enabling Infinite Scaling And Functionality Without Forks
BitcoinOS (BOS) , a superlayer protocol of trustless and interoperable Bitcoin rollups, has successfully verified the first-ever zero-knowledge proof (ZKP) on the Bitcoin mainchain, marking a groundbreaking technical milestone in crypto history. This was completed live on stage at Bitcoin 2024 . The achievement unlocks unlimited scaling and functionality on Bitcoin without requiring additional changes to Bitcoin’s base layer. Edan Yago, core contributor to BitcoinOS said, “This is the first permissionless upgrade of the Bitcoin system and the first time Bitcoin has been upgraded without a soft fork. With BOS, the dependence on Bitcoin Improvement Proposals to introduce changes such as covenants to Bitcoin is massively reduced or, potentially, completely eliminated. This paves the way for more developers to build on Bitcoin more efficiently and enables true decentralization.” “We are proud to empower the industry to fulfill the original Bitcoin promise of a trustless peer-to-peer digital money system for the world, while forever remaining a decentralized, immutable, and secure bedrock of economic truth,” he adds. BitSNARK, BitcoinOS’ game-changing technology, is a software library for verifying zkSNARKs, a type of ZKP on Bitcoin, allowing developers to build layer-2 (L2) rollups. The BOS team has demonstrated that ZKPs enable users to create covenants – conditional payments that cannot execute unless the right cryptographic proof is provided. With this, developers can create near-trustless bridges for moving their BTC back and forth between Bitcoin mainchain and L2 rollups. Existing L2 models require users to trust a company or federation majority to protect their L2 BTC. With BOS, users only need to trust that one of potentially hundreds of members in a decentralized, dynamic operator set, behave honestly. Under this model, all threats to the system, even from a coalition of nation-states, would be defeated by the system’s cryptographic assurances. BOS will be the ultimate implementation of a Bitcoin rollup system using a near-trustless rollup bridge, to which any number of rollups may connect, rather than acting as a single rollup. All rollups on BOS settle their transactions to Bitcoin together using ZK proofs verified by a shared and open operator set. Furthermore, every BitcoinOS rollup is seamlessly interoperable, meaning they can share their users, applications, liquidity, and functionality. Developers need not worry about whether they are building on the right Bitcoin L2 with enough liquidity and users, instead choosing the rollup environment best suited to their needs. For users, moving assets between rollups will feel effortless, as if they were only using one chain. “BOS solidifies Bitcoin as the world’s only ‘permaware’ – more reliable and permanent than any other chain or software,” said Yago. By combining Bitcoin’s unparalleled security and network effects with a modular L2 architecture, BOS is positioned to help bring the $1.1 trillion altcoin ecosystem back home to the Bitcoin network. Bitcoin will now combine all of the functionality and scalability achieved by rival crypto networks with the unrivaled security and user base of the world’s largest blockchain network. Click here to read the BitSNARK and Grail whitepaper. Follow us on social media: Telegram: https://t.me/BitcoinOS_Build Twitter: https://x.com/BTC_OS
10th Edition of the European Blockchain Convention: Celebrating Industry Achievements
Locus Chain Forms Strategic Partnership with India's Bankai Group
Inkas Safes Introduces Cutting-Edge High Security Safes to Meet Rising Global Demand
- July 24, 2024Blockchain
UPCX Approaching Major Milestones: Testnet Launch, Ecosystem Product Releases, and Market Strategies
The UPCX project is on the verge of reaching significant milestones. UPCX CMO Koki Sato has recently engaged in multiple discussions with the community, sharing updates on the current mainnet progress, the development status of existing ecosystem products, and future market strategies and ecosystem building plans. These conversations showcase the steady advancement and broad prospects of the UPCX project. Mainnet Progress: Testnet Launch on the Horizon In the community discussions, Koki Sato emphasized the progress of the UPCX mainnet. The project team plans to launch the testnet in August 2024, at which time community users can experience functions such as Swap interactions. To express gratitude for the ongoing support from community members, the UPCX team will conduct an exclusive airdrop incentive event with substantial rewards during the test net launch. This event conveys appreciation to the community members and aims to further promote the development of the project's ecosystem. With the launch of the test net, UPCX will gradually introduce its core ecosystem products, providing users with comprehensive payment and financial solutions: 1) UPCX Wallet UPCX Wallet is a digital wallet application designed for easy use by anyone. Its "Named Accounts" feature allows users to create simple and easy-to-understand unique string IDs, similar to email addresses, for completing fund transfers. UPCX Wallet supports various payment methods, including mobile payments, Tap payments, and offline payments, greatly enhancing payment convenience. 2) UPCX POS Application Following the wallet, UPCX will also launch the UPCX POS application, designed for businesses of all sizes and industries. This application simplifies payment processing and inventory management, allowing seamless payment processing using UPCX's native currency UPC, as well as UPCX UIA and MPA. It also supports offline payment functionality, ensuring payments can be completed even without a network connection. 3) UPCX Hardware Wallet A card-based hardware wallet based on NFC technology will also be released to enhance user payment security and convenience. This hardware wallet is designed as a credit card for easy daily carrying and utilizes quantum-resistant computer encryption technology to ensure transaction security. Users can access their digital assets anytime by simply swiping the card on an NFC device, enjoying a convenient and secure transaction experience. These ecosystem products not only showcase UPCX's strength in technological innovation but also provide users with diverse payment options. Market Strategy: Attracting More Users to Participate in Ecosystem Building According to reports, the UPCX project has gained widespread appeal and recognition globally. Its market communities span various countries and regions, including Southeast Asia, Europe, the United States, Vietnam, Indonesia, India, Russia, and Turkey. This demonstrates UPCX's influence among global users. Currently, Etherscan data shows that the number of token holder addresses for UPCX's native governance token, UPC, has surpassed 60,000, further proving its extensive user base. Koki Sato stated that to attract more users to participate in the construction of the UPCX ecosystem, the project team has formulated a series of strategies: 1. Business Interaction Experience: Community users can prioritize experiencing products such as the testnet, wallet, DEX platform, POS application, and hardware wallet and receive airdrop incentives of varying amounts. 2. Community Contribution: Developers, community members, and collaborators can obtain corresponding rewards by submitting plans and gaining community votes. 3. Token Governance: Adopting community self-governance, encouraging co-creation, co-building, co-governance, and sharing to reflect fairness. 4. Third-Party Development: Supporting fast payments, smart contracts, cross-asset transactions, and providing APIs and SDKs to encourage third-party development. 5. Referral Program: Users can receive rewards by recommending others to use UPCX, aiming to increase UPCX's adaptability and usage rate. These strategies aim to enhance user engagement and community interaction, further promoting the development of the UPCX ecosystem. Looking to the Future: UPCX's Strategic Positioning In-depth exchanges with community members and regional leaders have reached a consensus on the strategic positioning proposed by UPCX. Through innovative payment solutions and a strong community-driven strategy, UPCX aims to become a leader in the global payment industry. Its ecosystem not only encompasses multi-level needs from individual users to enterprises but also promotes the prosperity of the entire ecosystem through collaboration and developer support. 1. User Education and Community Interaction: UPCX focuses on user education and community interaction. By organizing workshops, influencer events, and sharing online resources, it ensures users can easily understand and use its platform. Additionally, UPCX collaborates with local institutions to provide localized payment solutions and establish trust relationships. 2. Technology and Product Features: UPCX's technology optimizations and product features, such as quantum-resistant computer encryption technology and NFC payment technology, not only enhance security and convenience but also provide users with diverse payment options. 3. Long-Term Vision and Strategy: UPCX aims to become a leader in global payment solutions and continuously promote local innovation and user participation. By continuously optimizing technology, UPCX hopes to provide users with a secure and efficient payment experience. Furthermore, UPCX plans to expand its market coverage further, especially in markets with enormous potential, such as Europe and Southeast Asia. Industry Trends: Current Situation in the Payment Industry The payment industry is experiencing significant changes as the global digitalization process accelerates. According to the latest statistics, the global mobile payment market is expected to reach $12.06 trillion by 2025, with an annual growth rate of 27%. The demand for mobile payment, contactless payment, and cross-border payment solutions constantly increases, driving technological innovation and intensifying market competition. In this context, the launch of the UPCX project is well-timed and has strategic significance. Mobile payments are rapidly gaining popularity worldwide, especially in emerging markets. Data shows that in 2023, the transaction volume of mobile payments in emerging markets grew by 35%. The widespread adoption of smartphones and improved internet connectivity have provided a foundation for promoting mobile payments. The "Named Accounts" feature and support for multiple payment methods in the UPCX Wallet aim to provide a convenient and secure payment experience. After the pandemic, consumer demand for contactless payments has increased significantly. In 2021, the usage rate of contactless payments grew by 48%. The design of the UPCX POS application and hardware wallet caters to this demand, providing reliable and secure contactless payment solutions. Summary The UPCX project is steadily progressing, with the main net launch on the horizon. Through multiple discussions with the community, Koki Sato has showcased the project's current state and future plans, proposing clear directions and enhancing the confidence of community members. UPCX aims to provide next-generation financial and payment infrastructure, attracting users through free, convenient, and delightful strategies to build a one-stop financial ecosystem. With the launch of the testnet and the introduction of new products, UPCX's future is filled with infinite possibilities. More about UPCX: UPCX is a blockchain-based open-source payment platform that aims to provide secure, transparent, and compliant financial services to global users. It supports fast payments, smart contracts, cross-asset transactions, user-issued assets (UIA), non-fungible tokens (NFA), and stablecoins. Moreover, it offers a decentralized exchange (DEX), APIs, and SDKs, allows customized payment solutions, and integrates POS applications and hardware wallets for enhanced security, building a one-stop financial ecosystem. Official website: https://upcx.io/ X: https://x.com/Upcxofficial X(upcxcmo): https://x.com/kokisato_upcx Telegram: https://t.me/UPCXofficial Discord: https://discord.gg/YmtgK7NURF
- July 24, 2024Blockchain
Aibit Donates $100,000 to WWF as Part of Its Launch Charity Initiative
Aibit , a newly launched cryptocurrency exchange, has announced a significant donation of $100,000 to the World Wildlife Fund (WWF) as part of its commitment to global charitable efforts. This donation marks the first step in Aibit’s broader initiative to support environmental conservation and sustainable development worldwide. The donation to WWF aims to support various projects dedicated to wildlife conservation, habitat preservation, and combating climate change. The funds will be instrumental in assisting WWF’s ongoing efforts to protect endangered species and their natural habitats. “We are thrilled to support WWF in their critical mission to safeguard the planet’s biodiversity. As a company deeply committed to environmental responsibility, Aibit is proud to contribute to the preservation of our natural world,” said Aibit CEO. “This donation is just the beginning of our long-term partnership with WWF, and we look forward to making a positive impact on the environment.” The launch of Aibit comes at a time when the world is increasingly aware of the need for sustainable practices and corporate responsibility. Aibit aims to lead by example in the cryptocurrency industry, demonstrating that technological innovation and environmental stewardship can go hand in hand. About Aibit Aibit is a revolutionary cryptocurrency exchange that integrates advanced AI technology with blockchain to create a smarter trading experience. With a focus on user needs and a collaborative co-creation model, Aibit aims to transform the way people trade and interact with the crypto market. For more information, please visit: Twitter | Linkedin
- July 23, 2024Blockchain
ZKEX.com Unveils ‘Super DEX’ Following $2.5m Fundraise
ZKEX.com, the industry’s first multi-chain Super DEX, has raised $2.5 million in its latest funding round. This seed round features investors such as Fenbushi Capital, KXVC, and RockTree Capital. The funds will support ZKEX.com’s roadmap to launch its fiat on-ramp service, mobile app, and Telegram bot in the upcoming quarter. ZKEX.com offers crypto traders the functionality of a centralized exchange (CEX), including multi-chain Convert, Spot, Derivatives, and cross-chain Bridging. Unlike traditional CEXs, ZKEX.com allows users to trade native assets on any blockchain directly from their self-custodial wallets, eliminating the need to hand over token custody to the exchange. The protocol is the first decentralized exchange (DEX) in industry to address the problem of liquidity fragmentation across different blockchains by using zero-knowledge technology to create a secure, unified trading layer. The round saw participation from Fenbushi Capital, KXVC, RockTree Capital, NGC Ventures, L2 Iterative Ventures, Crypto.com Capital, IDG Blockchain, Whale Ground, Moonhill Capital, Blocklabs Capital, Optic Capital, Hyperithm Group, and G20 Group. Over the past 12 months, decentralized crypto exchanges have experienced significant growth, with monthly trading volumes rising from approximately $100 billion to over $250 billion by early 2024. This growth aligns with an increase in active user wallets from 3 million to over 4 million and zero-knowledge projects securing over $400 million in funding. “We’re obsessed with making multi-chain trading simple, fast, and cheap, offering a similar experience to a CEX without compromising the principles of self-custody and decentralization,” said Balal Khan, co-founder. “Users can onboard from any network and start trading with native assets in under a minute. In a few clicks, you could use your USDT on zkSync to spot buy ETH, short sell it with a perpetual contract, close both positions as limit orders, and withdraw profits as USDC on Base.” Security remains a critical concern in the blockchain industry, with over 150 major hacks involving cross-chain bridges and exchanges in the past two years, leading to billions in lost or stolen crypto assets. “ZKEX.com has addressed one of crypto’s biggest security challenges - the ability to safely use any supported stablecoin to directly trade tokens on any connected chain, without intermediaries,” said Omer Ozden, Chairman of RockTree Capital. “The core team brings years of experience from top-tier CEXs to decentralized on-chain trading, and we’re excited for what’s ahead,” he added. ZKEX.com operates on an aggregated Layer 3 (L3) built on zkLink, LayerZero, and Polyhedra, guaranteeing the security of deposits, withdrawals, and transactions across chains with zero-knowledge proofs and achieving settlement speeds of up to 1000 transactions per second. About ZKEX ZKEX.com is the Web3 industry’s first Super DEX, an ultra-secure, multi-chain crypto exchange that offers the functionality of a centralized exchange while maintaining asset self-custody. Users can trade tokens and move assets across 10 chains and rollups, including Ethereum, BNB Chain, Polygon, Avalanche, Arbitrum, Optimism, Base, zkSync, Linea, and opBNB. All transactions are secured with zero-knowledge proofs, ensuring the safety of users’ funds at all times. For media inquiries, please contact team@zkex.com Website: zkex.com ｜ Docs ｜ Blog ｜ Twitter ｜ Discord ｜ Telegram
- July 23, 2024Blockchain
Continuously Leading Digital Finance - Cwallet Cryptocurrency Swap Introduces Innovative Upgrades
Recently, well-known cryptocurrency Cwallet announced the launch of innovative upgrades. Cwallet continues to excel in cryptocurrency trading with its robust Swap feature. Integrating over 15 decentralized and centralized exchanges with a rich liquidity pool, Cwallet Swap offers traders instant transactions and unmatched liquidity. Consistently advancing its technology, Cwallet aims to provide investors with a smoother Swap experience by comparing leading CEXs and DEXs to offer the best rates, maintaining its leadership in the cryptocurrency market and supporting over 300 cryptocurrencies across more than 50 blockchains. Optimized for Efficiency: Cwallet’s Built-in Swap Feature The Cwallet Swap feature enhances trading efficiency by operating without minimum trade limits, offering flexibility in varying market conditions. It supports a broad range of cryptocurrencies across major networks like Bitcoin, Ethereum, and Binance, making it ideal for diverse trading strategies. Regular updates incorporate the latest technological and security advancements, ensuring a reliable trading environment. Cwallet's commitment to innovation confirms its leadership in digital finance, helping users efficiently manage and grow their digital assets. Instant and Cost-effective Trading Solutions Cwallet's Swap feature delivers a seamless trading experience with instant, low-cost transactions. Supporting cross-chain swaps across major networks like Bitcoin, Ethereum, and Binance Chain, it enables users to diversify their portfolios without liquidity constraints, thanks to a rich liquidity pool from multiple exchanges. This fee-free structure caters to all, from high-volume traders to beginners, facilitating flexible trading strategies with no slippage or delays. Cwallet's integration of advanced technology ensures an efficient and cost-effective platform for cryptocurrency trading. Comprehensive Benefits of Cwallet Swap : No Amount Limits: Cwallet's Swap feature removes transaction upper limits, giving traders the freedom to execute both large and small trades tailored to their needs. This flexibility benefits both casual and serious investors. Best Exchange Rates: Cwallet aggregates data from multiple decentralized and centralized exchanges, ensuring users consistently receive the most competitive market rates for maximized returns. 300+ Tokens Supported: Supporting over 800 cryptocurrencies, Cwallet meets a wide range of trading preferences and portfolio strategies, from mainstream coins to newer altcoins. Instant Transactions: Designed for speed, Cwallet's technology enables instant swaps, allowing users to quickly capitalize on market opportunities without traditional exchange delays. Cross-Chain Swaps : Cwallet supports seamless cross-chain transactions, enabling efficient asset swaps across various blockchains, crucial for diversifying and managing multi-chain portfolios. Rich Liquidity Pool: With strong connections to top liquidity providers, Cwallet offers a deep liquidity pool, ensuring large trades can be completed smoothly with minimal price impact. AGGREGATED EXCHANGERS: Ensuring Optimal Trading Conditions Cwallet aggregates data from multiple APIs, ensuring that users have access to reliable liquidity providers and trusted exchanges. This aggregation facilitates obtaining the best market prices, enhancing the profitability and efficiency of trading activities. About Cwallet: Cwallet is a leading crypto wallet offering secure, fast, and flexible solutions for all crypto needs. Supporting over 800 cryptocurrencies and more than 50 blockchain networks, Cwallet is the preferred choice for millions of users worldwide. Its platform combines custodial and non-custodial wallets, offering the best blend of security and convenience. Cwallet is dedicated to simplifying the cryptocurrency world and delivering an exceptional experience to users. Cwallet has just introduced the Gift Cards section, revolutionizing shopping experiences. This groundbreaking feature lets users purchase gift cards from top global brands such as Apple, Amazon, Spotify, Roblox, Minecraft, Stream US, EA Games, and more, all directly within the Cwallet. For more information, visit: Website: https://cwallet.com/ Twitter: https://x.com/CwalletOfficial Telegram: https://t.me/cwallet_vip_club Discord: https://discord.com/invite/cvK2EF2gwa
- July 23, 2024Blockchain
Roam Announces Strategic Migration to Solana Mainnet
Roam, a leading decentralized platform, is excited to announce its strategic migration to the Solana mainnet, a high-performance blockchain known for its scalability, speed, and low transaction costs. This move marks a significant milestone in Roam’s mission to deliver a more efficient, user-friendly, and scalable platform for its global community. Roam’s decision to migrate to Solana comes after extensive research and analysis of various blockchain platforms. The Solana blockchain, with its unique proof-of-history (PoH) consensus mechanism and unparalleled transaction throughput, emerged as the ideal choice to support Roam’s growing ecosystem and ambitious roadmap. Solana is an advanced blockchain platform designed to support decentralized applications and crypto initiatives. As a third-generation blockchain, it offers a fast, secure, and scalable environment. The Solana ecosystem hosts a myriad of projects, including DeFi, NFTs, and gaming. Solana once reached a market cap of $81 billion, showcasing its substantial influence in the crypto world. Unlike other blockchains that rely on Proof of Work (PoW) or Proof of Stake (PoS), Solana uses Proof of History (PoH), a cryptographic method that timestamps transactions. This, combined with PoS, ensures efficient consensus, security, and transaction validation. Key Reasons for Roam’s Migration to Solana Roam’s decision to shift all on-chain activities to Solana stems from the need to provide an efficient and seamless experience for its expanding user base. Here’s why Solana is the ideal platform for Roam: Unmatched Scalability and Speed Solana’s unparalleled scalability and rapid transaction speeds are essential for Roam’s decentralized operations. Capable of processing over 65,000 transactions per second (TPS), Solana outperforms Ethereum and Bitcoin, which handle only 15-20 TPS. Solana’s virtual machine (SVM) enables concurrent transaction processing, reducing congestion and fees. In 2024, Solana ranked fifth in Total Value Locked (TVL), briefly surpassing $2 billion. This combination of high throughput and low confirmation times makes Solana perfect for real-time, high-volume applications like Roam. Affordable Transaction Costs For both users and developers, the cost of transactions is a critical factor. Solana addresses this with low gas fees, making it an attractive choice. Solana’s efficiency in handling large transaction volumes without delays keeps costs low. Its dynamic state-sharding system further reduces computational loads on individual nodes. By utilizing Solana’s economical transactions, Roam can keep costs low for its users, promoting accessibility and affordability. Enhanced Interoperability Solana’s advanced interoperability is a strategic advantage for Roam in building a global decentralized WiFi network. Solana’s cross-chain capabilities allow Roam to integrate with various blockchain networks, enabling collaboration with DeFi and IoT projects. This broadens Roam’s technological and user base, improving service offerings and market presence. Solana’s interoperability underpins Roam’s growth and positions it at the forefront of DePIN innovation. Robust Community Support Solana boasts a vibrant community of developers and users actively contributing to the ecosystem. With 578,000 active users over a 5-day period, Roam benefits from this community engagement. This supportive community not only enriches the platform but also attracts new users to Roam. Integrating with Solana extends Roam’s reach to a broader audience. Roam’s transition to Solana is driven by Solana’s exceptional scalability, low transaction costs, strong security, interoperability, and active community. Solana’s capabilities align with Roam’s vision for innovation and growth. By leveraging Solana’s advanced technology and ecosystem, Roam aims to transform global WiFi connectivity, leading the way toward a decentralized and accessible future. More information about Roam: Twitter: https://x.com/weRoamxyz Discord: https://discord.com/invite/roam Medium: https://roamnetwork.medium.com/ Telegram: https://t.me/MetaBlox
- July 23, 2024Blockchain
Istanbul Blockchain Week 2024 Returns Showcasing Turkey as the Rising Star in Web3 Adoption
Istanbul Blockchain Week returns on August 13-14 at the Hilton Istanbul Bomonti Hotel & Conference Center, building on last year's success and promising to be the largest web3 event ever held in Turkey, promising more speakers, activations, and web3 education in the Eurasian crypto hub. According to Binance Research, cryptocurrency is rapidly establishing itself as a key alternative to traditional finance in Turkey, with 40% of the population already investing in it. Looking ahead, 64% believe crypto prices will climb in the next year, and an even more optimistic 73% think more people will start investing in crypto over the next five years, signaling a strong trend toward wider adoption. Hosted by web3 agency, EAK Digital , Istanbul Blockchain Week will highlight the city's strategic position between major financial centers, Dubai and London, uniting international and local experts who are shaping the web3 revolution. IBW 2024 will host a diverse group ranging from blockchain enthusiasts and professionals to influencers and thought leaders, showcasing Istanbul as an ever-evolving hub for technological passion, financial inclusivity, and visionary approaches. Turkey distinguishes itself with a dynamic tech ecosystem, a strategic location that bridges Europe and Asia, and a young, tech-savvy population eager for digital innovation. The country's expanding gaming community, early adoption of cryptocurrencies, and proactive engagement with new technologies underscore its readiness for web3's widespread adoption. Turkey is leading the way in crypto adoption and blockchain innovation, and ongoing developments in supportive regulations further establish Turkey as an attractive hub for global investors keen on exploring emerging tech opportunities. "This year, we will be taking Istanbul Blockchain Week to new heights," remarked Erhan Korhaliller, founder of Istanbul Blockchain Week. "The web3 global spotlight will be on Istanbul and we promise to make this event one to remember ." What to Expect from Istanbul Blockchain Week 2024? IBW 2024 is an ideal platform for nurturing meaningful partnerships and growth within the blockchain landscape, given its unique mix of visibility, strategic networking, and engagement opportunities. The event is committed to bridging the gap between new crypto adopters and seasoned enthusiasts, ensuring every interaction and engagement leads to real development and success. As the event approaches, IBW 2024 is preparing to reveal innovative features and hands-on web3 experiences, emphasizing Istanbul's critical role in global tech innovation. IstanBlock InstanBlock is the flagship event of Istanbul Blockchain Week 2024, hosting unique fireside chats, keynote speeches, debates, and panel discussions exploring the hottest topics in Web3, including AI, RWA, Depin, DeFi, regulation, AI, gaming, Web3 culture, and venture capital. The initial speaker lineup already includes Yat Siu, Co-Founder and Executive Chairman of Animoca Brands; Sergej Kunz, CEO of 1Inch; Eren Ozkan, Vice President of MasterCard, Cem Arcan, Ecosystem Director at Circle; Şant Manukyan, Manager at IS Investment; Ran Nuener Founder Crypto Banter, Founder & CEO of Farcana; and Clement Chia, Co-Founder of Imaginary Ones. IstanBlock also features multiple zones, such as the AI Zone, VC Village & Startup Pavilion, and Creator Zone, to create an immersive Web3 experience: The AI Zone promises to be a highlight, showcasing the latest advancements in artificial intelligence within the web3 ecosystem. The VC Village & Start-up Pavilion is designed to be a vibrant marketplace for top web3 start-ups and venture capitalists. With VC tables and project booths, it aims to promote interactions between innovators and investors, encouraging deals and collaborations that will drive the web3 ecosystem forward. The Creator Zone is designed to spotlight the brightest web3 influencers and KOLs, illuminating the most innovative and exclusive projects. It also presents a unique opportunity for a broader audience to meet those individuals who work tirelessly to share the latest innovations in the industry. IstanHack IstanHack 2024, a cornerstone of Istanbul Blockchain Week, is set to be an electrifying showcase of talent and innovation, drawing developers from around the globe. The hackathon not only offers participants a platform to engage in intense competition and develop groundbreaking blockchain solutions, but also facilitates deep collaboration that pushes the technological envelope. IstanHack serves as a vital incubator for ideas and projects that may define the future of the digital landscape, making it an essential arena for learning, innovation, and community building in the web3 space. Joining IstanHack offers an unparalleled opportunity to dive into the cutting-edge of web3 development among Istanbul's dynamic fusion of culture and technology. Whether you're a developer eager to sharpen your skills or a web3 project looking to spotlight your innovations, this hackathon is your gateway to not only showcase your abilities but also to solve real-world problems using blockchain technology. It’s the perfect place to engage with top-tier talent, partake in transformative workshops, and find your next big opportunity and collaboration. W3E Gaming W3E Gaming returns to Istanbul Blockchain Week with it's flagship event, W3Expo, the largest web3 gaming expo in the region, putting Web3 games directly into the hands of gamers. With its robust casual gaming market, vibrant esports scene, and status as a top 5 Web3 adopter, Turkey provides the perfect backdrop. Prepare for an arena where walk-up-and-play games, mobiles, and PCs converge with the adrenaline-pumping world of live Web3 esports. Over two electrifying days, Exverse takes center stage, hosting a team deathmatch elimination tournament that promises a spectacle of skill and strategy. “We're absolutely thrilled to be back at Istanbul Blockchain Week with W3E Gaming. It's the perfect storm of opportunity, where Turkey's explosive gaming scene meets its pioneering Web3 community," exclaimed Damian Bartlett, W3E Team Lead. "This country is a powerhouse of digital innovation, and we can't wait to show the world what happens when gaming and blockchain collide in such a dynamic environment." Secure your spot on the ticket waiting list here . About Istanbul Blockchain Week Istanbul Blockchain Week is an annual event bringing together blockchain enthusiasts, industry experts, and thought leaders from across the globe. Following its remarkable success in 2022 and 2023, which witnessed an impressive turnout of over 8,000 attendees and featured 180+ international and Turkish speakers such as Changpeng Zhao, Ziya Altunyaldız, Yoshihisa Hashimoto, and Şant Manukyan, IBW returned to Turkey's prominent crypto hub on August 13th to 14th. As a dynamic platform for networking, knowledge sharing, and exploration of the latest advancements in blockchain technology, Istanbul Blockchain Week creates an environment conducive to collaboration and innovation. About W3E W3E is at the forefront of Web3 and gaming innovation, dedicated to enriching the gaming and esports scene within the web3 ecosystem. Under the leadership of team lead Damian Bartlett, W3E has made significant strides, including hosting the world’s first Web3 LAN tournament at the ESA Esports Arena during Istanbul Blockchain Week 2022. As part of the EAK Global Group, W3E is building an all-in-one gaming ecosystem that supports games with their go-to-market strategies, while also offering the consumer-facing W3Expo and esports events for players. Media contact: Name- Dana Kachan Company- The Opinion Email: info@theopinionpr.com
- July 21, 2024Blockchain
MYX Finance Launches 'Project Origin Season 3: The Silurian Period'
Following the immense success of the first two seasons of "Project Origin," MYX Finance, the rising star among decentralized exchanges, is once again taking an innovative step forward by launching "Project Origin Season 3: The Silurian Period." This initiative not only showcases MYX Finance's innovation and leadership in the decentralized finance sector but also highlights its commitment to user experience and community support. This initiative is set to reward all our supporters and users with a generous allocation of 5 million $MYX and 5 million $ZKP tokens. Continuous Innovation: The Silurian Period Theme The Silurian Period, marked by the Earth’s climate stabilizing, is the chosen theme for MYX Finance's third season, symbolizing the platform's stability and growth. In this season, MYXers will enjoy more incentives, including invitation commission rebates, zero-slippage, low trading costs, trading rewards, and LXP tokens, all while benefiting from VIP-level discounted rates. These measures not only enhance user experience but also demonstrate MYX Finance's innovative thinking in user incentives. MYX Finance CEO Mark Zhang's Vision MYX Finance CEO Mark Zhang stated, "We highly value the support of our users and community members. Despite these achievements, we're aware that there is still a lot of room for improvement. The warm and beneficial feedback from MYXers spurs on us to roll out some new adjustments. During the 'Silurian Period' campaign, we have designed a series of rich reward mechanisms. By completing social media tasks, inviting friends, daily interactions, and trading, users can earn mystery boxes which contain various rewards. The event will kick off at 13:00 UTC on July 16th and run for 30 days, providing ample time for all participants to leverage the unique trading advantages offered by MYX Finance's innovative MPM mechanism. For specific event details, users can check our official X." Diverse Participation Options MYX Finance has designed multiple participation methods and reward mechanisms for Web3 enthusiasts, including social media challenges, trading achievements, and invitation rewards. New users can earn mystery boxes by engaging in social media tasks, while experienced traders and loyal community members can accumulate trading achievements and refer friends to earn more rewards. This diverse participation approach not only enhances user interaction but also increases platform activity and user engagement. Long-term Campaign and Multi-chain Support Mark Zhang also added that MYXers can continuously earn Airdrop Gems through long-term campaigns until TGE. The campaign supports both Arbitrum and Linea chains, allowing users to earn additional rewards when trading or holding $MLP. Completing tasks on the Linea Chain will also provide users with multiple rewards, including special bonuses during the Silurian Period. This cross-chain support and long-term incentive mechanism further solidify MYX Finance's leading position in the decentralized exchange sector. As the “Silurian Period ” campaign gains momentum, don’t miss out on your chance to win $MYX tokens. Powered by the Matching Pool Mechanism (MPM), MYX delivers an unparalleled trading experience with zero slippage, minimal trading costs, and features akin to centralized exchange (CEX) interfaces. LPs enjoy high yields, while token owners stand to gain significant returns. Future Outlook Mark Zhang concluded, “MYX Finance is at the forefront of third-generation DDEX innovation, and our team is committed to refining it for an optimized user trading experience. We are confident that the ‘Silurian Period’ campaign will build on the success of the previous two seasons of Project Origin. With a focus on user experience, security, and cutting-edge trading tools, MYX Finance is poised to lead the way in the evolving DeFi landscape.” To learn more, please visit the MYX Finance official website and our accounts on X and other social media platforms.
- July 20, 2024Blockchain
WEEX Unveils WXT White Paper: Ushering in a new chapter in the evolution of digital finance
WEEX Exchange, a leader in crypto derivatives and copy trading, has launched the whitepaper for its new ERC-20 utility token, WEEX Token (WXT). The document details WXT's ecosystem design, supply reduction strategies, and future plans, highlighting its benefits for holders. Since launch, WXT's price has surged by up to 30.6%, underscoring its recognized value and future potential. The WXT ecosystem is designed to maximize benefits for its holders through diverse incentive mechanisms and platform utility, offering features such as staking, early project access, discounted fees, and WEEX Launchpool participation. So far, WEEX launchpool has held two of these activities, giving away 83,333,333 TRUTH and 37,000 ZK. Holding WXT supports affiliates and provides significant resources for developers and partners, fostering an innovative and collaborative environment. WXT Buyback and Burn: Ensuring Value and Scarcity To ensure the value of WXT and protect the interests of shareholders, WEEX Exchange has implemented a strategic burn mechanism. This involves allocating a portion of the exchange's profits to buy back WXT tokens from the market and permanently burn them. By reducing the circulating supply of WXT through this process, the overall scarcity of the token increases, supporting its long-term stability and value. This strategic burn mechanism aims to stimulate market demand for WXT and create long-term value for its holders. Vision for the Future: WXT Ecosystem Expansion Plans Looking ahead, the WXT ecosystem aims to broaden its range of features, and enhance user experience and engagement to fuel long-term growth. Key areas of focus include: Diverse Integrations: Expanding the utility of WXT by integrating with a broader range of decentralised applications and services. Enhanced Governance Features: Improving the governance model to provide more sophisticated tools for community participation and decision-making. Self-Sustaining Ecosystem: Developing the WEEX Ecosystem to become more self-sufficient with the introduction of new blockchain-based financial tools and applications. New Coins and Airdrops: Launching new, popular coins with airdrops to WXT holders, enhancing community engagement and adding new functionalities for users. The debut of the WXT white paper indicates WEEX’s commitment in taking the leap into the digital asset landscape, positioning WXT as a potent force of innovation. Drawing insights from industry leaders, WXT seeks to carve out a distinct identity. With its advanced ecosystem and pioneering features, WXT is set to drive widespread adoption and accelerate growth across its global community, heralding a fresh era of advancement in digital finance. About WEEX Since 2018, WEEX has become a trusted name in cryptocurrency trading, achieving peak volumes over $1 billion. Committed to security and compliance, WEEX holds licences in key jurisdictions, including the US, Canada, and St. Vincent. Users benefit from a comprehensive suite of digital asset services, spanning crypto derivatives and spot markets across hundreds of pairs, shared margin, and advanced fund management tools. The recent launch of the WEEX Token (WXT) has enriched the platform, offering enhanced utility through staking, VIP privileges, governance rights, and strategic token omics such as buybacks and burns. By fostering a secure and diverse ecosystem, WEEX continues to consolidate its position as a cornerstone of the global crypto landscape. Sign up for a WEEX account now: https://www.weex.com/register Visit the WEEX official website : https://www.weex.com Media Email: market@weexglobal.com WEEX Customer Support: support@weex.com
- July 20, 2024Blockchain
ZKEX.com Unveils ‘Super DEX’ Following $2.5m Fundraise
ZKEX.com, the industry’s first multi-chain Super DEX, has raised $2.5 million in its latest funding round. This seed round features investors such as Fenbushi Capital, KXVC, and RockTree Capital. The funds will support ZKEX.com’s roadmap to launch its fiat on-ramp service, mobile app, and Telegram bot in the upcoming quarter. ZKEX.com offers crypto traders the functionality of a centralized exchange (CEX), including multi-chain Convert, Spot, Derivatives, and cross-chain Bridging. Unlike traditional CEXs, ZKEX.com allows users to trade native assets on any blockchain directly from their self-custodial wallets, eliminating the need to hand over token custody to the exchange. The protocol is the first decentralized exchange (DEX) in industry to address the problem of liquidity fragmentation across different blockchains by using zero-knowledge technology to create a secure, unified trading layer. The round saw participation from Fenbushi Capital, KXVC, RockTree Capital, NGC Ventures, L2 Iterative Ventures, Crypto.com Capital, IDG Blockchain, Whale Ground, Moonhill Capital, Blocklabs Capital, Optic Capital, Hyperithm Group, and G20 Group. Over the past 12 months, decentralized crypto exchanges have experienced significant growth, with monthly trading volumes rising from approximately $100 billion to over $250 billion by early 2024. This growth aligns with an increase in active user wallets from 3 million to over 4 million and zero-knowledge projects securing over $400 million in funding. “We’re obsessed with making multi-chain trading simple, fast, and cheap, offering a similar experience to a CEX without compromising the principles of self-custody and decentralization,” said Balal Khan, co-founder. “Users can onboard from any network and start trading with native assets in under a minute. In a few clicks, you could use your USDT on zkSync to spot buy ETH, short sell it with a perpetual contract, close both positions as limit orders, and withdraw profits as USDC on Base.” Security remains a critical concern in the blockchain industry, with over 150 major hacks involving cross-chain bridges and exchanges in the past two years, leading to billions in lost or stolen crypto assets. “ZKEX.com has addressed one of crypto’s biggest security challenges - the ability to safely use any supported stablecoin to directly trade tokens on any connected chain, without intermediaries,” said Omer Ozden, Chairman of RockTree Capital. “The core team brings years of experience from top-tier CEXs to decentralized on-chain trading, and we’re excited for what’s ahead,” he added. ZKEX.com operates on an aggregated Layer 3 (L3) built on zkLink, LayerZero, and Polyhedra, guaranteeing the security of deposits, withdrawals, and transactions across chains with zero-knowledge proofs and achieving settlement speeds of up to 1000 transactions per second. About ZKEX ZKEX.com is the Web3 industry’s first Super DEX, an ultra-secure, multi-chain crypto exchange that offers the functionality of a centralized exchange while maintaining asset self-custody. Users can trade tokens and move assets across 10 chains and rollups, including Ethereum, BNB Chain, Polygon, Avalanche, Arbitrum, Optimism, Base, zkSync, Linea, and opBNB. All transactions are secured with zero-knowledge proofs, ensuring the safety of users’ funds at all times. For media inquiries, please contact team@zkex.com Website: zkex.com Docs: https://docs.zkex.com Blog: https://medium.com/@zkex Twitter: https://twitter.com/ZKEX_Official Discord: https://discord.com/invite/zkex Telegram: https://t.me/ZKEX_Official
- July 19, 2024Blockchain
Exploring Blockchain's Future: Singapore Hosts 2nd Southeast Asia Global Blockchain Congress
Having wrapped up the triumphant 13th edition of the flagship Global Blockchain Congress event in Dubai, UAE, Agora Group is now setting its sights on Singapore for the 2nd Southeast Asia Edition on September 12 & 13, 2024. The main topics of the 2nd SEA edition will be: Singapore — A Land of Opportunity Digital Assets Market: Key Trends & Challenges in 2024 and Beyond What's on the Horizon for Bitcoin Ordinals? Ways for Startups and Young Companies to Become "Investor Ready" The Crossroad Between AI and Crypto NFTs & the Next Phase of Mainstream Adoption Web3 Gaming Is Not Just a Buzzword Decentralized Physical Infrastructure Networks (DePIN) Real-World Assets Tokenization The Global Blockchain Congress plays a pivotal role in accelerating blockchain innovation worldwide. It provides a unique platform connecting the technology's most influential leaders and decision-makers. By convening this powerful network under one roof, the Congress significantly contributes to driving blockchain advancement and mainstream adoption. The Global Blockchain Congress series has hosted 1,500+ investors and 350+ blockchain startups that were able to raise millions in funds at AgoraGroup’s events. The event is a closed-door, exclusive congress that can be attended by invitation only and is targeted Web3 projects looking to raise funds. Previous sponsors and partners include Algorand, Amber Group, Animoca Brands, Binance Labs, Brinc, CoinW, Karate Combat, Sui Foundation, Superscrypt, and many more. At the end of the two-day congress, the Global Blockchain Congress Awards Ceremony will take place. The winning startups will be voted by the investors depending on the likelihood of their project to get funded. For more info: www.gbc-singapore.com Register now: bit.ly/GBC-Singapore
- July 18, 2024Blockchain
MEET48 Surges Forward in Web3 with Global Idol Popularity Event and New AI Tools
Recently, MEET48 held an on-chain voting event titled "2024 Global Idol Popularity Ranking." Since its launch on the opBNB mainnet, the event has accumulated approximately 2 million newly registered wallets, with a total of over 20 million NFT votes cast and more than 4 million on-chain interactions. Additionally, the existing Dapp boasts 2 million registered wallets and 50,000 daily active users ( https://gipr.meet48.xyz/#/gipr ). The products of MEET48 are primarily divided into three main categories. First, there are AI tools and MaaS (Models as a Service), including IdolGPT and SRMBuilder, which allow users to create their own content. Second, there are Dapps focused on idol cultivation and the fan economy, such as the MEET48 Community Dapp and the metaverse. Lastly, there is a wide array of ecosystem games that help provide diversity and creative promotion and advertising. "IdolGPT is currently undergoing closed testing, with 2,500 users participating," said Kai, COO of MEET48. "The features of IdolGPT will be gradually rolled out in different stages. We are currently in the first stage, which is visual generation, allowing users to upload their own photos. IdolGPT will then generate a virtual idol based on their appearance. We support both male and female versions and will also support the creation of non-human idols." "Next, we are about to launch SRM Builder," Kai stated. "This tool helps users create virtual images and virtual performances, including singing and dancing. Users can share their created performances on their social media or publish them on the MEET48 platform. We will support and reward these quality creators using our ecosystem fund." Additionally, MEET48 will enter the TON ecosystem in August, launching its first fishing mini-game, CoinFish, on the TON platform. "For the newly emerging TON platform and the GameFi market, MEET48's Eco-link ecosystem aims to attract users through gaming products and use the ecosystem fund to incubate products and incentivize user participation," Kai explained. "MEET48's goal is to leverage AI and MaaS technology to build an intelligent entertainment ecosystem and promote the large-scale societal application of Web3 technology," Kai stated. On July 4th, during the IVS Side Event, MEET48 announced its entry into the Japanese market, with plans to establish a subsidiary in Tokyo in August. This will be MEET48's third overseas branch, following Hong Kong and Singapore. In August, MEET48 will co-host the official opening party of WebX with Line. Next year, MEET48 will hold the first Web3.0 Idol Grand Final in Hong Kong. About MEET48: MEET48 possesses a technical and research and development team of 500 personnel, with a regional operational network spanning Singapore, Hong Kong, Taipei, Tokyo, Seoul, and Dubai. It is regarded as the largest Web3 application project team globally at present. Venturing into the Web3 domain with such an extensive business scale is an ambitious endeavor. MEET48's aspiration lies in leveraging its AI-generated content (AIGC) ecosystem focused on Z-generation entertainment content trends in the areas of animation, idols, games, and comics, as well as a graphical and intelligent metaverse social platform, to achieve the mass societal adoption of Web3 technology.
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