Seoul, South Korea, December 12th, 2023, Chainwire

OverProtocol, a Layer 1 blockchain focused on democratizing validation, has exciting plans for the next year, including a mainnet launch in the first half. In October, the project successfully completed a closed beta testnet with 15,000 applicants from 127 countries, of whom 1,300 completed all tests. In preparation for the mainnet launch, they have now announced an open beta testnet and an incentive program open to everyone.

Community-Focused Launching Plan

The project will initiate an airdrop through the OverProtocol Community Airdrop Program (OCAP) to build a strong community. The path to the airdrop unfolds through two pivotal quests. The first quest, already active on OverWallet, showcasing OverProtocol’s mobile-centric vision, has attracted significant participation. Over the past six months, more than 4.7 million users have joined, with over one million users actively participating in missions each month. Meanwhile, the second quest invites users to engage with OverProtocol by running validators via OverNode on the Open Beta Testnet.

Open Beta Testnet (OBT)

The Open Beta Testnet is divided into two seasons: OBT Season 1, which runs from December 13th to 22nd, and OBT Season 2, scheduled for February of next year. During the testnet, participants can experience Home Staking by running a node and validator at home through OverNode and also learn about Ethanos, a key feature of OverProtocol. The total scores accumulated from both seasons will be considered when determining the airdrop amount. Everyone can participate in OBT Season 1, but only those with enough points in OverWallet can complete key missions. OBT Season 2 will also have a point requirement, so if you are interested in OverProtocol, download OverWallet and join the OverProtocol community.

Instructions for OBT Season 1

Please remember to follow these essential steps:

1. Download the OverNode Client: This is the first and crucial step. Download and install the OverNode client on your computer for mission engagement.
2. Complete the Missions: Follow the structured guidance provided within the OverNode client to complete your missions effectively.

Additionally, pioneers should:

• Follow the Official OverNode Channel on X: Stay updated with all announcements and important information during the testnet period by following our official channel.
• Access OverNode from the Official Website: The OverNode will be available for download from our official website starting from December 13th, 02:00 UTC.
• Familiarize with the Mission Types: An overview of the seven types of missions is provided in our official Medium article. It’s designed to assist users in understanding and effectively engaging with each mission type.

Vision of OverProtocol 

OverProtocol is a new layer 1 blockchain based on a protocol named ‘Ethanos’ that only considers active accounts valid, enabling full nodes to discard obsolete data and operate with less storage, thus allowing for reduced storage requirements. Superblock, a core contributor to the project, is developing ‘OverNode’, a full-node client that allows anyone to run a full node of OverProtocol and become a validator on their home PCs.

“By allowing anyone to run a validator, individuals have the opportunity to earn $OVER through a process known as Home Staking. This enables them to embrace a new lifestyle, offering new payment options, enhanced credit, and innovative financial opportunities,” Ben, CEO of Superblock, added.

About OverProtocol

OverProtocol is a layer 1 blockchain network committed to fostering a truly decentralized ecosystem, allowing anyone to serve as a validator. Leveraging ‘Ethanos’, an innovative node optimization technology, it empowers individuals to operate full nodes from their home desktops. Driven by the vision of decentralization, OverProtocol aspires to place the power of a new internet right in your hands.

For more information visit OverProtocol’s: Official Website | Twitter | Discord | Medium | YouTube

Contact

Maketing Lead
David Kim
Superblock
david@superblock.xyz

GRAND CAYMAN, Cayman Islands, December 7th, 2023, Chainwire

Only 7 months from the network’s launch, Sui is bridging more USDC liquidity than multiple native chains

Sui, the groundbreaking Layer 1 blockchain created by the technology experts who led Meta’s Diem blockchain initiative and created the Move smart contract language, continues its explosive ascent in decentralized finance (DeFi). This week, it surpassed $100 million in bridged USDC. 

This latest data confirms Sui’s position among the ranks of the top DeFi protocols worldwide and builds upon its most recent milestone of surpassing $175 million in Total Value Locked (TVL). The Sui Network now consistently ranks within the top 25 blockchains for daily transaction volume and within the top 15 blockchains by weekly volume.

“Surpassing $100 million in bridged stablecoins represents yet another significant moment for Sui in DeFi, and is a clear illustration of the remarkable success of the Sui community’s efforts to build a versatile and accessible ecosystem,” said Greg Siourounis, Managing Director of the Sui Foundation. “Coupled with the Network’s recent surge in TVL, as well as performance measurements that show Sui operating at the forefront of Web3 technology, this milestone positions Sui as a force driving the next generation of DeFi.”

The network’s decentralized ecosystem and independent builders are fueling that growth, with seven projects standing at over $10 million in TVL and 11 projects exceeding the $2 million mark.

In another strategic move to fortify the security and reliability of its ecosystem, Sui last week announced an ecosystem investment with leading Web3 security firms OtterSec and Zellic — providing essential access for independent ecosystem projects to high-end auditing services and setting builders on Sui on a path to success. 

Likewise, November alone saw $500,000 in a fresh round of Sui Grants issued to projects building on the Network. These grants are dedicated to project teams poised to advance the adoption of Sui and its growing DeFi ecosystem. 

For more information about the Sui Network, visit sui.io.

Contact

Sui Foundation
media@sui.io

Singapore, Singapore, December 7th, 2023, Chainwire

• Ronin by Sky Mavis, the largest ecosystem for Web3 games, is a secure and scalable EVM blockchain.
• Impossible Finance to deploy launchpad infrastructure on Ronin for Web3 game launches, aiming to advance blockchain gaming and NFT.
• Upcoming launches on the launchpad may require tokens like RON, AXS, and IDIA to be used to stake for allocation.

Impossible Finance is thrilled to unveil an exciting collaboration with Ronin, a prominent blockchain tailored for gaming. Crafted by Sky Mavis, the visionary mind behind the Axie Infinity game ecosystem, Ronin, an EVM blockchain, boasts a remarkable track record, processing over $4 Billion in NFT volumes. It stands as the only blockchain that has proven to adeptly scale a single game to accommodate millions of daily active users.

Partnership Model

In this strategic partnership, Impossible Finance brings a comprehensive suite of advisory services, encompassing launchpad expertise, research, business development, and infrastructure support to strengthen Ronin and its dynamic ecosystem.

The Ronin Launchpad powered by Impossible Finance

Beyond advisory, Impossible will be deploying launchpad infrastructure to support the launches of games — “Ronin Launchpad” powered by Impossible Finance! Our joint efforts will delve into the exploration of new opportunities and cutting-edge innovations within the gaming and NFT landscape.

“We have been looking for ways to merge the scale of users that gaming can address and the products that can scale crypto adoption, and we see Ronin as one such breeding ground for a future ecosystem of new projects, users, and community.” – Calvin Chu, Core Buidler of Impossible Finance

Impossible Finance and Ronin’s synergistic collaboration aims to advance blockchain gaming and NFTs. In working together, the team embarked on a journey to not only expand the capabilities of Ronin, but to catalyze the emergence of groundbreaking projects within the Ronin ecosystem by introducing innovative and fun games along with the adoption of NFT by increasing stakes and ownership of fun games.

Sky Mavis

Sky Mavis is a technology-focused game studio headquartered in Vietnam, leading the revolution of the gaming landscape. Their mission revolves around crafting virtual worlds featuring player-owned economies, trustless marketplaces for trading unique digital assets, and robust infrastructure reaching millions of players globally. The studio is best known as the brain behind Axie Infinity, Web3’s breakout title with over $4 Billion in lifetime trading volume between players.

The invaluable insights gained from the experience of building and scaling Axie Infinity position Sky Mavis as an ideal collaborator, offering valuable support, grants to mitigate risks, and enhancing the chances of success for games joining Ronin.

“Token launches are a seminal moment for teams building in crypto. Impossible has a wealth of experience in research, advisory and listing and navigating the pitfalls when it comes to launches. We are delighted to be working with Impossible on making every token launch on Ronin a successful event for all stakeholders.” – Bailey Tan, Director of Ecosystem Strategy, Sky Mavis.

Why Ronin?

Ronin is hyper-optimized for gaming, secure and highly scalable:

• Battle-tested and scalable: In 2021, Ronin Network successfully processed 15% of the overall trading volume in the NFT market, showcasing the network’s effectiveness and reliability. As the home of Axie Infinity assets, including Axies, Land, SLP, and AXS, it stands as a testament to its scalability, ranking third in NFT sales by volume.

Snapshot taken on 06/12/2023

• Hyper-optimized for gaming: Ronin Network distinguishes itself by curating high-quality apps and ensuring minimal bloat with high game uptime, it offers an unparalleled gaming experience.

• Fully secure: Sky Mavis has prioritized transforming into a fully antifragile, zero-trust organization, implementing stringent security protocols. Every line of code underwent thorough review and optimization, with security experts auditing the entire architecture. Ronin’s robust security measures are a direct result of Sky Mavis facing challenges head-on. The Ronin Validator Breach in March 2022, where significant assets were drained from the Ronin Bridge, served as a turning point. This breach was not due to a technical flaw, but a socially engineered attack by an elite group of hackers.
• Largest ecosystem for blockchain games. At this time, with a MAU of ~511K on the Ronin, Ronin is the largest ecosystem for blockchain games. This is contributed by the massive growth of Pixels (an interoperable Web3 farming game) starting from ~5K DAU, it now brings in over ~100K DAU to the network, (source). This is a testament to Sky Mavis’ capability in product development, community building, and go-to-market strategies.

Ronin token – RON

RON is the ecosystem token of Ronin. The RON token enables users to pay for transactions on Ronin, includes decentralized finance (DeFi) features like community governance, and utility via staking through validators to earn rewards.

Ronin validators need to hold and stake RON to participate in validating blocks. They are rewarded with newly issued RON. These rewards are divided up among a validator and its delegators based on the RON they have staked with the validator.

With the launch of “Ronin Launchpad” powered by Impossible, tokens like RON, AXS and IDIA will potentially gain additional utility as they can be staked for allocations during public sales.

To learn more about RON’s tokenomics, you can read more about it in this article.

About Ronin

Ronin is an EVM blockchain specifically forged for gaming. Launched by Sky Mavis, the creator of Web3’s breakout title Axie Infinity which has generated over $1.3B in revenue, Ronin is the only blockchain proven to scale a single game to accommodate millions of daily active users and has processed over $4B in NFT volumes. Ronin optimizes for near-instant transactions and negligible fees that enable millions of in-game transactions to occur seamlessly, making it the leading choice for Web3 games.

Website | Twitter | Discord

About Impossible Finance

Impossible is an on-chain native, research advisory firm with a DeFi launchpad and accelerator. We help projects kickstart, fundraise, scale and launch their tokens while enabling users to learn, discover and invest in high-quality crypto opportunities.

Website | Twitter | Discord | Telegram | Blog

Contact

Impossible Finance Team
Press@impossibe.finance

Singapore, Singapore, December 7th, 2023, Chainwire

Deepcoin, a global cryptocurrency derivative trading platform, is thrilled to announce the listing of Stratos on its platform. The initial futures listing for STOS/USDT is already available for trade since 2023-11-28 21:00(UTC+8) while spot trading commenced from 2023-11-30 22:00(UTC+8). 

About STOS

STOS represents the token of the Stratos project, accessible on both the Layer-1 Stratos chain and as an ERC-20 token on the Ethereum chain, with a max supply of 100 million. Since Stratos chain is EVM compatible, STOS is also accessible on any chain that is EVM-compatible. The STOS token is an innovative digital asset designed for a myriad of decentralized applications within the blockchain ecosystem. Unlike traditional cryptocurrencies solely focusing on transactions, STOS stands out as a versatile token aiming to revolutionize decentralized data management and storage. 

The STOS token helps address the persistent data storage challenges faced by blockchain networks. Current blockchains necessitate maintaining an exhaustive ledger at each node, posing limitations on their overall storage capacity. This creates a significant bottleneck as the local storage of each node dictates the blockchain’s storage limit, hindering the expansion of storage capabilities, bloating a blockchain overtime. STOS seeks to tackle this issue head-on by introducing solutions that transcend these storage limitations, enabling efficient scalability without compromising decentralization. 

The STOS token powers Stratos, a web3 project pioneering the next generation of decentralized infrastructure that encompasses a scalable and reliable all-in-one network providing storage, database,computational networks and blockchain to present a compelling solution catering to the evolving needs of the digital economy. This mechanism empowers a high-performance decentralized storage network driven by hot data, catering to the growing demands of various Dapps.This evolution is poised to offer unparalleled scalability for blockchain and Web3 ecosystem while preserving the decentralized essence inherent in distributed protocols. 

The STOS token’s adaptability and utilization extend beyond mere transactions, enabling a spectrum of services such as fee settlements, miner incentives, and resource consumption verifications. As the cryptocurrency supporting the Stratos project, STOS emerges not just as a medium of exchange but as a foundational element driving the innovation and sustainable growth of decentralized data storage solutions.

Ego Huang, CEO of Deepcoin, commented on the recent listing of the STOS token on the DeepCoin cryptocurrency exchange in a statement that reflected his optimism for the collaboration. Huang remarked: “The addition of the STOS token to our exchange marks an exciting milestone for us and the broader crypto community.”

About Stratos

At the core of the Stratos project lies a visionary concept poised to redefine the landscape of decentralized data infrastructure. This next-gen decentralized infrastructure is meticulously designed to tackle the limitations of existing blockchain infrastructure while retaining its intrinsic benefits. By introducing a meta service layer bolstered by Proof-of-Authority mechanisms, Stratos pioneers management services encompassing indexing, routing, and auditing tasks. This meta service layer ensures the maintenance of multiple copies of files across its P2P network, significantly enhancing reliability and accessibility. This also redefines the traditional notion of a storage network, elevating it to a decentralized data mesh, guaranteeing efficiency and reliability.

Comprising decentralized storage, database, and computation components, Stratos also offers a multifaceted approach to handling various data types. From structured to unstructured data, Stratos employs tailored processes to enhance data querying and manipulation, amplifying its utility across various use cases. Stratos decentralized storage is designed to store hot data, whether it’s video, audio, documents or your Decentralized Application code. The seamless collaboration between the blockchain layer and the resource layer ensures comprehensive services, ranging from fee settlements to customizable PaaS and SaaS offerings, forming the bedrock of this comprehensive decentralized data ecosystem.

Users can gain access to computing resources traditionally monopolized by centralized entities by leveraging the Stratos decentralized Cloud, fostering a paradigm shift towards decentralized computing. This innovative approach democratizes access to resources, empowering users while forging a network of interconnected small data centers to offer efficient, localized services. This ultimately allows Stratos to pioneer a new era in the information age where decentralized storage becomes the cornerstone of a more accessible and equitable digital landscape.

Stratos has recently announced its successful integration with Polygon’s Solution Provider Network (SPN), a significant move towards fortifying decentralized infrastructure. This new collaboration aims to streamline connections between developers and critical infrastructure elements like oracles, bridges, RPC providers, and wallets, expediting dApp development and deployment. Stratos, committed to empowering Web3 developers, seeks to enhance decentralized storage efficiency by leveraging its expertise within Polygon’s dynamic ecosystem. The collaboration aspires to bolster accessibility, scalability, and efficiency in decentralized data storage, laying the groundwork for a more resilient web3 infrastructure.

For more information:

Website | Twitter | Telegram Group | Telegram Announcement | Discord | Medium

About Deepcoin

Deepcoin is a leading cryptocurrency derivatives exchange committed to providing users with a secure, efficient, and innovative trading experience while known for its relentless innovation and long-term value proposition. Founded in 2018 by industry veterans and former executives of renowned companies, Deepcoin has amassed over 3 million registered users across 30 countries, facilitating a cumulative trading volume exceeding US $1 trillion. Having broad support for global fiat currency deposits, Deepcoin enables direct purchases of major cryptocurrencies and offers a range of trading options for over 100 cryptocurrencies. Its user-friendly platform includes spot trading, perpetual contracts, inverse perpetual contracts, and DeFi financial management savings, backed by 24/7 multilingual customer support, empowering individuals and institutions to navigate the digital asset market with confidence and ease. Deepcoin continues to redefine the crypto trading landscape, delivering unparalleled innovation and exceptional user experiences.

For more information: Website | Twitter | Telegram

Contact

Senior PR Manager
Shirley Zhang
Deepcoin
shirley.zhang@deepcoin.info

Dubai, United Arab, December 5th, 2023, Chainwire

In a bold move that redefines the blockchain landscape, WOW EARN announces the launch of its innovative WOW EARN Chain, now operating as a Layer 1 blockchain. This significant technological advancement positions the WOW EARN Chain at the forefront of blockchain innovation, offering unmatched efficiency, global accessibility, and a suite of unique features.

Helping developers at all stages of development, WOW EARN Chain’s mission goes beyond being just a public chain. It focuses on discovering and supporting innovative, high-potential developers and projects. WOW EARN chain will continuously improve the efficiency of Ethereum, providing supplementary expansion and support for the Ethereum ecosystem.

By leveraging WOW EARN’s comprehensive web3 ecosystem, the chain aims to become the birthplace of innovative technologies and businesses, establishing a complete cycle of technology development, application promotion, and efficient transactions.

Key Highlights of WOW EARN Chain

1. Strategic Shift to Layer 1: By building a Layer 1 blockchain, WOW EARN Chain has enhanced its core infrastructure, offering a more robust and scalable foundation for blockchain applications. This shift signifies a commitment to providing a high-performance platform capable of supporting the growing demands of the blockchain community.
2. Low Transaction Fees with WOW coin: Emphasizing economic accessibility, the WOW EARN Chain features extremely low transaction fees, with transactions being processed for as little as 100 WOW. This approach makes blockchain participation more affordable, encouraging a wider adoption among users and developers.
3. Global Node Deployment for Enhanced Connectivity: Recognizing the importance of a global presence, WOW EARN Chain has strategically deployed official nodes across key regions, including Asia-Pacific, Australia, Europe, and the Americas. This expansive network ensures that developers around the world can enjoy high-speed and reliable network connectivity, facilitating seamless blockchain experiences.
4. Exceptional Current Limit for High-Volume Processing: With an impressive current limit of 100 qps, significantly surpassing the typical 5 qps offered by other public chains, WOW EARN Chain sets a new standard in transaction processing. This capability is pivotal for applications requiring high transaction throughput, offering an efficient and reliable platform for various blockchain use cases.
5. Innovative Hybrid Proof of Stake (HPoS) Consensus Mechanism: The WOW EARN Chain employs the HPoS consensus mechanism, blending the benefits of Proof-of-Equity (PoE) and Proof-of-Stake (PoS). This hybrid model ensures a balance between security, speed, and cost-effectiveness, reducing transaction costs while maintaining competitive transaction speeds.
6. Ethereum Virtual Machine (EVM) Compatibility for Seamless Integration: Continuing its alignment with Ethereum, WOW EARN Chain supports EVM compatibility, enabling developers to create and deploy decentralized applications (dApps) with ease. This compatibility facilitates seamless integration with the broader Ethereum ecosystem, enhancing the chain’s utility and appeal.
7. Cross-Chain Functionality for Expanded Reach: The WOW EARN Chain is not limited to its native capabilities; it extends its reach through integration with 10 diverse blockchain chains, such as Base, OkEX, Velas, and ZkSync. These integrations are carefully chosen to enhance various aspects of the chain, from liquidity and security to scalability and transaction efficiency.
8. Empowering Developers with Resources and Support: Understanding the critical role of developers in the blockchain ecosystem, WOW EARN Chain is committed to providing extensive support and resources. This includes special funds for high-potential projects, hosting developer-centric activities, and fostering a collaborative environment for innovation and growth.

Advancing the Blockchain Industry with WOW EARN Chain

“The WOW EARN Chain is not merely a technological leap; it’s a comprehensive blockchain solution designed to empower developers, streamline transactions, and expand the global reach of blockchain technology,” says Yara, VP of Marketing at WOW EARN. “Our transition to Layer 1, coupled with our commitment to providing a high-speed, economically accessible, and developer-friendly platform, marks a new chapter in blockchain evolution.”

The opportunity to become a validator is open to any participant in the network. Should an individual’s stake rank within the Top 21, they ascend to the role of an active validator for the forthcoming period.

The operational dynamics of active validators are governed by a set of pre-established rules, under which they sequentially partake in the block packaging process. When a validator does not fulfill their block packaging duty within their designated time slot, other validators who have been less active in the recent cycle (specifically those not participating in the last half of the blocks) are randomly selected to execute this task. It is imperative that a minimum of half the number of validators, plus one, are functioning to ensure the smooth and uninterrupted operation of the blockchain.

About WOW EARN

As a leading innovator in the blockchain space, WOW EARN is dedicated to connecting users with decentralized opportunities in mining, earning, and trading. Following its strategic move to Layer 1 and a successful $30 million Series A funding round, WOW EARN is well-positioned to drive significant advancements in the DeFi ecosystem.

For further information, visit WOW EARN’s: Official Website | Twitter | Telegram | Discord | Medium

Contact

Yara G
WOW EARN
yara@wowearn.com

Dubai, UAE, December 4th, 2023, Chainwire

After two years in development LandX, the agricultural finance protocol, successfully closed its private investment round surpassing expectations. The round raised over $915,000 USD from private investors which brings the total raised to over $5 million USD. The milestone marks a significant vote of confidence in the potential for LandX to bring real world assets on-chain.

Public Round Starts

Following this the project is set to go live this week with its public round, presenting a broader audience with the opportunity to secure an allocation of the LNDX governance token. The public sale is being launched on a first come first served basis with a limited supply of 3,000,000 tokens priced at $0.50 USDC.

The LandX community will be given priority access from the 4th of December, then any remaining tokens will be opened up to the general public from the 10th of December.

Public Sale: Starts Monday 4th December

• Omega Sale: Monday, 4th December
• Alpha Sale: Thursday, 7th December
• Public Sale: Sunday, 10th December
• Public Sale Closing: Wednesday, 13th December

LNDX Listing on multiple exchanges: Thursday, 14th December

Platform Official Launch: On Friday, 15th December users will be able to experience the full potential of LandX’s innovative agricultural finance platform

A New Chapter Begins

The public round enables anyone with an Ethereum wallet to allocate capital and invest in LNDX tokens. This move is aligned with LandX’s vision of democratizing access to agricultural financial products through blockchain technology.

LandX is the first project to bring agricultural commodity assets and tokenized farmland into the decentralized finance ecosystem. Through an innovative product known as xTokens LandX will create inflation-hedged, uncorrelated digital assets which can be traded 24/7 on decentralized exchanges.

The LNDX token is at the heart of the LandX platform, designed to foster a sustainable and efficient agricultural finance ecosystem. When staked the token holder can earn a share of the platform fees and participate in governance decisions. There is a limited distribution of the LNDX after launch with private sale investors locking their tokens for 3-12 months and seed investors voluntarily locking their tokens for 48 months. This in combination with the $500,000 guaranteed capital deployment in the decentralized exchange liquidity pools providing a unique opportunity in the fastest-growing sector in decentralized finance.

How to Participate

Investors outside the US and other restricted regions who are interested in the public round can connect with the LandX team on Discord, Telegram or visit the LandX website for more information on how to participate.

“We would like to thank our amazing community for giving us the opportunity to bring this vision to life. It is with your support, trust and feedback that we will shape the future of agricultural finance” – LandX Spokesperson

Users can find more information about LandX, the LNDX token and the public round at https://landx.fi/

About LandX

Bridging the agriculture financing gap, LandX provides upfront capital to farmers in return for a percentage of their future harvests. The financing is secured by the underlying farmland, offering investors a potential opportunity to earn sustainable yield backed by tangible assets.

Contact

Press Relations
LandX Finance
info@landx.fi

Geneva, Latvia, December 4th, 2023, Chainwire

Dukascopy Bank, a leader in online banking and financial services, is pleased to announce the launch of its own service for peer-to-peer (P2P) exchange of cryptocurrencies. This innovative platform offers clients a secure and convenient way to trade cryptocurrencies against fiat currency.

The Dukascopy P2P cryptocurrency exchange service operates as a bulletin board, allowing clients to post their buy or sell ads for various coins paired with fiat currency (USD). Currently, the platform supports 14 major cryptocurrencies, with plans to include a broader range of altcoins and non-fungible tokens (NFTs).

Accessing the P2P crypto exchange service is easy for Dukascopy clients, who can find it within the Dukascopy Connect app under the dedicated P2P section. To utilize this service, clients are required to have an active Multi-Currency Account (MCA) with Dukascopy. In this manner, both customers have already been properly recognized by the Bank and have undergone the required regulatory checks when going through the process of opening their accounts. This helps provide extra clarity and trust for both sides involved in the transaction.

The buy or sell ads are of standardized format and thus are compliant with the requirements of the Bank. The fact that the ads are published in the environment of the Bank guarantees that clients reacting to an ad, thus expressing their intent to enter into the exchange transaction, actually do possess sufficient fiat funds in their account. This minimizes the risk of facing fake requests from counterparties not able to honour their obligations in the exchange transaction.

Further on, Dukascopy Bank plays a crucial role in ensuring the security of fiat settlements during P2P exchanges. When a client initiates a P2P exchange, the Bank temporarily locks the fiat funds of the buyer until the seller successfully delivers the traded cryptocurrency to the buyer’s crypto wallet. This secure process ensures a smooth and reliable transaction experience.

One of the distinguishing features of Dukascopy’s P2P solution is its focus on securing the fiat leg of the exchange. While other platforms primarily provide escrow services for the cryptocurrency leg of the transaction, Dukascopy Bank addresses the risk associated with fiat settlements, which are often harder to verify and control. Users are required to strictly adhere to the rules of the P2P marketplace and keep fiat funds within its secure perimeter. In the event of disputes, the Bank conducts its own investigation to facilitate a fair and secure resolution.

As part of its future development plans, Dukascopy Bank intends to offer API-based connectivity to the P2P marketplace, catering to more advanced and automated trading preferences.

Dukascopy Bank encourages its clients to explore the new P2P Marketplace and provide feedback through the Customer Support chat. The Bank values client input and is committed to continuously improving its services.

Dukascopy Bank’s customers can use the P2P service through the Dukascopy Connect app after they’ve created an account with Dukascopy. You can sign up for an account directly within the app. You’ll find the links to download the app on the P2P solution’s special webpage.

Dukascopy Bank firmly believes that clients using this innovative service will enjoy a safer environment for conducting P2P crypto-fiat exchange operations. To explore other crypto-related services, please visit https://www.dukas.io. General information on MultI-Currency Accounts (MCA) can be found at https://www.dukascopy.bank/

 About 

Dukascopy Bank SA Founded in 2004, Dukascopy Bank SA is a reputable Swiss financial institution regulated by the Swiss Financial Market Supervisory Authority (FINMA) as a bank and securities firm. Committed to innovation and customer satisfaction, Dukascopy has been a pioneer in financial services for over two decades.

Contact

Ariza Abdujeva
Dukascopy Bank S.A.
ariza.abdujeva@dukascopy.com

Zug, Switzerland, December 1st, 2023, Chainwire

TMN Global proudly announces the successful listing of its native TMNG token on the MEXC crypto exchange, effective December 1st, 2023. This strategic partnership marks a significant milestone for TMN Global in the crypto space.

EREA World AG partnered with Europäische Metallhandels (EMH) AG to develop a cryptocurrency called TMNG, which stands for Technology Metal Network Global. EMH AG is the MARKET LEADER for commodities trading in Europe. TMN Global is a platform which combines traditional investing in technology metals, rare earth metals and precious metals, with modern blockchain and cryptocurrency benefits. The purpose of TMNG is to serve as a payment token to purchase tangible assets (metals) in the TMN Global shop.

MEXC, a renowned player in the cryptocurrency industry, consistently securing a position among the top 15 centralized exchanges, has recently ascended to an impressive top 5 ranking on CoinGecko.com. Boasting a daily trading volume average of 1 billion USD, MEXC has firmly established itself as a major influencer in the digital asset market.

TMN Global expresses its gratitude for the collaboration with MEXC exchange, which was founded in 2018 and serves over 10 million users across 170+ nations. MEXC’s commitment to industry standards and professionalism aligns seamlessly with TMN Global’s core values.

With industry-leading features, including the lowest fees, exceptional liquidity, and a state-of-the-art security system, MEXC stands out as a top-tier crypto exchange. Their high-performance trading engine, capable of processing 1.4 million transactions per second, sets new standards for efficiency and performance in the crypto trading space.

Security is paramount for both TMN Global and MEXC, with servers independently hosted across multiple countries to ensure optimal data integrity and user protection. This commitment to safety mirrors TMN Global’s dedication to providing a secure environment for its investors and users.

The collaboration between TMN Global and MEXC signifies a historic moment in crypto history, introducing the world’s first token providing users access to technology metals and rare earth metals. The official listing on MEXC, starting December 1st, 2023, opens doors to exciting opportunities, increased liquidity, and a broader reach for TMN Global’s vision.

Users can stay tuned for further updates as we embark on this exciting journey together!

About TMN Global:

Founded in 2021, EREA World AG is a Zug, Switzerland-based blockchain company managing the TMN Global platform and native TMNG payment token. Partnered with Europäische Metallhandels (EMH) AG, TMN Global combines traditional investing in technology metals, rare earth metals, and precious metals with blockchain and cryptocurrency benefits.

TMNG serves as a payment token to purchase tangible assets (metals) in the TMN Global shop.

About MEXC Exchange:

Established in 2018, MEXC is known for high-performance and mega transaction matching technology, catering to over 10 million users in 170+ countries. MEXC aims to become the go-to platform for new traders and experienced investors, with a global presence and regulatory compliance.

The exchange’s high-performance trading engine, developed by banking industry experts, completes 1.4 million transactions per second, ensuring groundbreaking efficiency and enhanced performance.

Website: www.tmn-global.com

Address: Poststrasse 14, 6300 Zug, Switzerland

Contact

Founder & Head of Marketing
Rebekah Jenkins
EREA WORLD AG
marketing@tmn-global.com

Toronto, Canada, November 30th, 2023, Chainwire

@NFT Account Makes Resounding Return to Instagram

After 22-months, pioneering entrepreneur returns with mission to strengthen and advance the resurgent realm of NFTs and digital collectibles

The @NFT account, social media’s largest web3 community, has announced its triumphant return to Instagram after a 22-month hiatus. The account, which boasts over 1.5 million followers, was initially launched in February 2021 by Leverage Game Media (LGM), a joint venture co-founded in part by web3 entrepreneur Aaron Avruskin.

The account was initially suspended in February 2022, a few months after Facebook transitioned to its new Meta moniker. After a lengthy period of uncertainty, the account suspension has been lifted, allowing the @NFT team to resume operations under the new handle, @NFT_.

“We are thankful Meta has granted us the ability to resume our mission of fostering a vibrant global community that embraces the transformative potential of web3 and NFTs,” stated co-founder Aaron Avruskin. 

The account’s return comes at a time of renewed interest in the NFT space, with NFT trading volumes reaching their highest levels in months. With its renewed presence on Instagram, the @NFT account is poised to play a crucial role in validating the myriad of use-cases for blockchain and web3 technologies, while empowering its community to navigate the resurgent web3 space. 

“We recognize the responsibility that comes with managing a global brand with considerable influence in this emerging space and are committed to taking proactive steps to aid the artists and entrepreneurs shaping the blockchain ecosystem,” Avruskin added.

About @NFT:

With over 1.5 million followers, the @NFT Instagram account is the largest web3 platform for connection and collaboration on social media. The account highlights emerging artists and delivers editorial coverage of the latest trends, cultivating a thriving community where individuals from diverse backgrounds unite under shared passion for Web3. 

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Michelle Knapp
PR@mediabella.com
1-909-243-9921

Grand Cayman, Cayman Islands, November 30th, 2023, Chainwire

Sui, the pioneering Layer 1 blockchain and smart contract platform created by the technology team that emerged from Meta’s Diem Blockchain project, has accelerated beyond expectations in just over six months since its mainnet launch, surpassing $150 million in Total Value Locked (TVL) according to leading DeFi aggregator DefiLlama. This key milestone, which currently places Sui within the top 20 blockchains in TVL, signifies a growing DeFi ecosystem backed by a deep pool of developer talent and a community that is strengthening by the day. 

In addition to its TVL trajectory, which is up over 500% since the start of September, the Sui Network has surged past $100 million in bridged stablecoins. Sui has also surpassed Bitcoin in total historical on-chain transaction count, affirming its capacity for scalability and efficiency, and underscoring the blockchain’s ability to facilitate seamless, secure, and lightning-fast transactions.

The ability to process a high volume of transactions while maintaining peak network performance has supported this DeFi growth, as Sui recently set a new record for the most transactions processed in a single day by any blockchain ever.

“Sui’s rapid ascension reflects both the growing demand for its unique, native technology and a vibrant community that is fueling the growth and adoption of the Sui Network,” said Greg Siourounis, Managing Director of the Sui Foundation. “To reach this level of adoption within months of the network’s mainnet launch is remarkable and bodes extremely well for the future of this burgeoning DeFi ecosystem.”

This level of growth is further supported by a robust network of independent DeFi projects adding value and utility for the community. For example, Cetus, a leading DEX and concentrated liquidity protocol within the Sui ecosystem, also recently achieved a significant feat by surpassing $1 billion in total transaction volume. This accomplishment underscores the depth and decentralization of the Sui Network’s DeFi landscape.

Builders on Sui are also prioritizing relationships and collaborations across the globe, as evidenced by the recent partnership announcement with technology incubator Hub71. With roots in Abu Dhabi, the UAE’s capital, and a large investment base, Hub71 supports over 260 startups, and has committed to introducing UAE-based startups to the Sui ecosystem.

Sui’s ascendancy makes it a growing force in the industry as Web3 braces itself for what many expect to be a period of high growth. With its object-centric model and unparalleled scalability, Sui’s potential for mass adoption arises from its simplicity for developers and rapid transaction processing for broader use cases.

Builders, users, and organizations alike can learn more about the network by visiting https://sui.io.

Contact

Sui Foundation
media@sui.io