San Francisco, California, December 19th, 2024, Chainwire

Constellation Network, a Web3 ecosystem validated by the US Department of Defense, today announced the launch of a customized blockchain developed in partnership with the Common Crawl Foundation, to create the industry’s first cryptographically secure, immutable archive of internet data for AI training and development.

The collaboration introduces a new approach to validating and securely accessing 17 years of internet crawl data—spanning nearly  9 petabytes which 80% of Large Language Models (LLMs) use to train AI—through an immutable, cryptographically secured blockchain network built on Constellation. This innovative application-specific network, or Metagraph, addresses pressing concerns in AI development while exploring vast new use cases for blockchain technology in emerging industries: data provenance, privacy, and ethical sourcing. Furthermore, the network will utilize Constellation’s DAG utility asset to secure the archived internet crawls. This represents a significant advancement in utilizing cryptocurrency as a mechanism for businesses to notarize data, shifting the focus from consumer costs or gas fees typical of many other layer-one networks to an operational expense.

Key Technological Innovations

• Comprehensive Data Archiving: A fully immutable copy of internet history, providing unprecedented transparency and traceability for AI training datasets
• End-to-End Encryption: Cryptographic security that ensures data integrity throughout the AI development lifecycle
• Ethical AI Framework: A robust solution for addressing concerns around data collection, storage, and usage in large language models

“This integration is a critical step forward in securing the future of AI development,” said Alex Brandes, CTO of Constellation Network. “By ensuring cryptographic integrity and immutability of training data, we are addressing one of the most pressing challenges in the field today: trustworthiness and provenance of datasets. We believe our platform will grow to become a cornerstone in the field of responsible AI development, setting new standards for data integrity and trust.” 

Industry Applications

The blockchain-enabled data archive is already attracting attention from advanced AI research initiatives. TraceAI, a project developed through the National Science Foundation (NSF) and SBIR program, is in testing stages in the development of their own application-specific network, built on Constellation, to add immutability, auditability, and proof of authorship to its training models and to develop advanced watermarking technologies. TraceAI will also leverage  Common Crawl’s Constellation-built solution to further extend their work in blockchain encrypted AI to include tracking the source origin of data.

Kevin Jackson, Vice President of Space Domain Communications & Commercialization for Forward EdgeAI, emphasizes the significance of this breakthrough: “This represents the natural evolution of AI and machine learning model development—transforming data management from a technical challenge to a trusted business tool that drives global standardization and verification.”

Looking Forward

Over the coming months, Constellation Network and Common Crawl Foundation will work together to expand on solution sets for AI developers and further integrate the distribution of the cryptographically validated access to the crawl as part of the standard release process.   

“For users of the Crawl who are concerned about the provenance of the data, especially those using it for AI models, Constellation and their hypergraph blockchain provides an elegant solution”, said Rich Skrenta, Executive Director of the Common Crawl, “we are looking forward to adding the ability to securely validate the crawl as part of our standard distribution by partnering with Constellation”.

Evidence of this integration can be found on Constellation’s transaction viewer, called the “DAG explorer,” and developers can get started using verified historical crawls for AI applications. Please follow along for further solutions to be developed by Constellation, Forward Edge-AI, and Common Crawl. 

About Constellation Network Constellation is a leading blockchain network advancing innovation through on-chain data security, partnering with critical global stakeholders, including the U.S. Department of Defense, to deliver transformative, next-generation technologies.

About Common Crawl Foundation The Common Crawl Foundation is a 501(c)(3) non-profit organization dedicated to providing a copy of the internet to the public, free of charge. Their web archive consists of petabytes of data collected over years of web crawling, serving as a critical resource for researchers, businesses, and developers worldwide.

About Forward Edge-AI Forward Edge-AI is at the forefront of a revolution in responsible and inclusive Artificial Intelligence (AI) for the betterment of humanity. Since its foundation in 2019, our goal is to become the dominant player in Artificial Intelligence and lead the revolution in augmenting edge technology with human intelligence.

About Common Crawl Foundation

Contact

Email: press@constellationnetwork.io 

Website: https://constellationnetwork.io/ 

Twitter: https://x.com/conste11ation 

GitHub: https://github.com/Constellation-Labs/tessellation

DAG Explorer: https://mainnet.dagexplorer.io/

Contact

Dagnum PI
dagnum@stardust-collective.org

Athens, Greece, December 17th, 2024, Chainwire

AI18+, a new token incorporating AI innovation with a deflationary strategy, is preparing to launch on PancakeSwap on December 19, 15:00 UTC / 10:00 EST / 17:00 EET. AI18+ aims to redefine the creators’ economy by integrating blockchain technology with a comprehensive next-generation platform.

AI18+ Helps Individuals Join the Industry Anonymously

At the core of the ecosystem is the Modeland platform, which enables individuals of all backgrounds to publish content anonymously. With the advanced “AI Face Swap” feature for videos and photos, creators who may have previously felt too shy to engage in such work can earn without the fear of being recognized.

Modeland will soon launch a watch-to-earn model, enabling users to earn tokens by watching community-generated content while compensating creators for their contributions. Users can also create private profiles that can be unlocked for free or at a monthly fee.

With the motto “Empowering the AI creators’ economy,” the platform creates a secure environment where every creator can keep their privacy intact.

AI18+ Token Airdrop: A Deflationary Mechanism

As expressed in the whitepaper, AI18+ features a unique and rewarding model through daily airdrop cycles. These cycles prevent coin hoarding and aim to ensure every token is associated with value.

Users who engage with the platform can earn credits through a process similar to a slot machine. However, these credits cannot be directly converted into AI18+. Instead, they must be used for content creation or other activities on the platform. This approach helps maintain the stability of the token’s value. Any unused credits will automatically expire after 44 hours, creating deflationary pressure and helping to safeguard the ecosystem’s stability.

NFT IDs & Marketplace: A New Era for Creators

The Modeland platform issues unique “NFT IDs” for every AI model created, ensuring that each one is distinct and linked to a specific creator. These innovators can set up private content rooms for a subscription fee and sell, trade, or promote their works through an exclusive marketplace. This approach can enhance their earning potential and empower their creative expression.

Anonymity at the Core

AI18+ respects users’ right to anonymity. All transactions occur on the Binance Smart Chain, ensuring complete privacy and security. It is the first platform to merge content with a user-empowering economy while maintaining privacy.

Official Launch on December 19, 2024

Following a private sale raising $1,000,000, AI18+ will officially launch on PancakeSwap on December 19, 2024, at 15:00 UTC / 10:00 EST / 17:00 EET.

Corporate Social Responsibility

AI18+ places corporate social responsibility and a commitment to ethics at the center of its mission to support community well-being. As part of this effort, the company funds a Non-Profit Organization dedicated to protecting children through education and awareness initiatives.

The NPO’s activities are sustained through AI18+’s innovative funding model, which allocates 4% of the 100,000 daily circulated tokens to these efforts. This approach ensures the organization’s impactful work continues, fostering a brighter, safer future for children while aligning with the ethical values upheld by AI18+.

Users can follow AI18+ t.me/ai18pluscoin

For more information, users can visit the website: www.ai18pluscoin.com

About AI18+

AI18+’s foundation of success combines expertise and passion for driving innovation in the crypto industry. At its core, the team consists of 25 specialized instructors from Athens Crypto Academy in Greece. These experienced professionals bring decades of knowledge and expertise from the finance and cryptocurrency sectors, offering valuable insights and cutting-edge information.

Over 80 students from the academy assist the team with fresh perspectives and innovative ideas. Together, we blend academic excellence with practical experience, forming a dynamic and forward-thinking collective dedicated to shaping the future of blockchain and cryptocurrency.

Contact

CEO
Vasilis Pazopoulos
info@ai18plus.com

Victoria, Seychelles, December 16th, 2024, Chainwire

Bitget is excited to announce that AI Rig Complex (ARC) will be listed in the Innovation, AI, and Meme Zone.

Users can check out the details below:

• Deposit Available: Opened
• Trading Available: 14 December 2024, 14:00 (UTC) 
• Withdrawal Available: 16 December 2024, 12:00 (UTC)
• Spot Trading Link: ARC/USDT

Introduction

Arc is an emerging AI open-source framework developed by Playgrounds Analytics Inc. It is used to build modular and scalable artificial intelligence applications, deploy AI agents, and is developed using the Rust programming language. The ARC token is the native currency of the Arc framework.                

Contract Address(SOL):

61V8vBaqAGMpgDQi4JcAwo1dmBGHsyhzodcPqnEVpump

X | Website 

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

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

Disclaimer

Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, users can refer to the Terms of Use.

Contact

Public Relations
Media
Bitget
media@bitget.com

Taipei, Taiwan, December 16th, 2024, Chainwire

VALR, Africa’s largest cryptocurrency exchange, capped off the year by partnering with Taipei Blockchain Week, where the exchange made a significant impact on discussions around the future of digital assets.

At the well-attended conference, VALR’s Chief Marketing Officer, Ben Caselin, participated in a high-profile panel titled “Unlocking Web3 Potential in Emerging Markets: Asia and Africa on the Rise.” The panel also featured Jen Bilango from Coins.ph and was moderated by Stefan Piech, Founder of Amagi. During the session, Caselin emphasized the pivotal role of stablecoins in markets like South Africa and highlighted the innovative potential of emerging markets in both Asia and Africa.

Caselin projected key trends for the upcoming year, including the rise of countries exploring Bitcoin mining, corporate adoption of Bitcoin for treasury management, and banks expanding access to digital assets like US dollar stablecoins. He also addressed critical challenges in the industry, cautioning against the proliferation and endless issuance of new tokens, which he argued distract from the primary mission of optimizing global finance and ironically mirrors the very act that this industry is so critical of, namely, money printing by Central Banks.

“It is crucial to remain focused on what truly matters,” Caselin stated, emphasizing the need to cater to the financial needs of households and businesses in emerging markets, where it’s mostly about wealth preservation and financial inclusion. He shared, “The purpose of life is not to make money,” adding that “maybe some of you like Lambo’s, but you can also not buy a Lambo and just help a lot of people around you — there’s a different perspective on life.”

In addition to participating in the conference, the VALR team hosted a VIP event for some of the region’s leading traders and partnered with BlockTempo to organize a gathering of over 150 Web3 traders and enthusiasts. These events provided opportunities to explore the burgeoning growth potential in Taiwan and beyond. Notably, VALR, referred to locally as “Wei Le” (威樂) – meaning “powerful and happy” in Chinese – is making strides in connecting with the Asian market.

Reflecting on the atmosphere in Taipei, Caselin remarked:

“On the back of Bitcoin reaching new highs above $100,000 per coin and the explosive rise of meme coins alongside more utility-driven projects, Taipei truly came alive. Similar to conferences in Singapore, Hong Kong, Bangkok, and Dubai, we are seeing how Web3 conferences, accompanied by numerous side events, can infuse vitality into a city. These gatherings not only align jurisdictions with the future of finance but also create an environment that fosters innovation and attracts significant business opportunities.”

About VALR

VALR provides a comprehensive suite of cryptocurrency products and services, including Spot Trading, Spot Margin, Perpetual Futures, an API for high-frequency traders, Subaccounts with governance features, OTC Trading, Staking, Lending, Simple Buy/Sell Swap, and VALR Pay.

Founded in 2018, VALR is Africa’s largest crypto exchange by trade volume, serving over 1,100 corporate and institutional clients and more than 1 million users globally. Headquartered in Johannesburg, VALR is licensed by the FSCA in South Africa, with regulatory approvals in Europe and initial approval from Dubai’s VARA. The exchange has secured $55 million in equity funding from top investors, including Pantera Capital, Coinbase Ventures, GSR, and F-Prime, affiliated with Fidelity Investments.

For more information, visit valr.com.

Contact

VALR
press@valr.com

Victoria, Seychelles, December 16th, 2024, Chainwire

In order to provide a better trading experience, Bitget has suspended EZSWAP-Manta NetWork deposit services starting from December 15, 2024 (UTC) until a later announcement is made.

Any inconvenience caused is sincerely regretted, and understanding is greatly appreciated. Updates will continue to be provided through official channels.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

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

Disclaimer

Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, users can refer to the Terms of Use.

Contact

Public Relations
Media
Bitget
media@bitget.com

Victoria, Seychelles, December 16th, 2024, Chainwire

Bitget is pleased to announce that they have resumed EZSWAP-Manta NetWork withdrawal services. They apologize for any inconvenience caused during the suspension of these services, and thank the users for their patience and support!

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

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

Disclaimer

Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, users can refer to the Terms of Use.

Contact

Public Relations
Media
Bitget
media@bitget.com

Victoria, Seychelles, December 15th, 2024, Chainwire

Bitget is excited to announce the listing of the LaunchX project Fuel Network (FUEL).

Bitget LaunchX is an innovative token distribution platform designed for the Web3 community. It enables users to discover promising projects early and gain access to project tokens during their launch stage.

Head to LaunchX

About the project

Fuel combines several innovative features in order to bring new capabilities to the Ethereum ecosystem, without making any compromises. Fuel rollups have parallelized transaction execution, native account abstraction, and support for wallets of all networks.

Fuel Ignition delivers high throughput (>600 TPS) and cost efficiency (minimum cost of <$0.0002 per transaction), making it a leading Optimistic rollup on Ethereum. Since launch, Fuel Ignition has surpassed $400 million in total value locked (TVL).

Fuel Network LaunchX details

● Coin name: Fuel Network (FUEL)

● Total supply: 10,000,000,000 FUEL

● LaunchX volume: 275,000,000 FUEL (2.75% of total supply)

● Exchange rate: 1 FUEL = 0.02 USDT

● Commitment method: USDT

● Individual hard cap (USDT): 5000

● Individual min. commitment (USDT): 20

● Individual subscription cap (FUEL): 250,000

How LaunchX works

1. LaunchX adopts a commitment-subscription model. The more committed, the larger the subscription share!

2. Bitget LaunchX participants can calculate their new coin allocation according to the following formula: new coin allocation for a user = (user’s commitment amount ÷ total commitment amount of all users) × total tokens sold in the current LaunchX promotion.

3. The commitment amount for each user cannot exceed the individual commitment limit, and the allocation of new coins to each user cannot exceed the individual subscription limit.

How to participate:

1. Logging in to Bitget account.

2. Web: Clicking on Launchhub in the navigation bar, and selecting LaunchX from the dropdown menu, or visiting here for quick access. App: Opening the Bitget app, tapping LaunchX in the quick access section, or finding LaunchX under More.

3. Visiting the project’s details page. If the project is in the subscription phase, tap Subscribe Now and enter a commitment amount in the pop-up window, and tap Confirm. If the subscription period hasn’t begun, please check back later.

4. After the subscription is complete, the coins will become viewable in the spot account following the distribution. If the amount of new coins received from the subscription is less than the actual commitment amount, any excess funds will be unlocked and returned to the spot account after the distribution period ends.

Fuel Network (FUEL) LaunchX timeline

Subscription phase: December 17, 02:00 – December 19, 02:00 (UTC)

FUEL distribution phase: December 19, 02:00 – December 19, 10:00 (UTC)

FUEL/USDT spot trading listing time: December 19, 10:00 (UTC)

Notes:

   1. What are the requirements to participate in LaunchX?

To ensure a safe and compliant environment, Bitget LaunchX requires all users to complete identity verification. Sub-accounts and restricted accounts are not eligible to participate.

   2. How much can users commit in LaunchX and how many new coins can users subscribe to?

Each LaunchX public sale has an individual commitment limit, which cannot be exceeded. Additionally, there may be an individual subscription limit, specifying the maximum number of new coins one can acquire in each public sale.

   3. When can the new coins be expected after committing?

The new coins will be calculated and distributed before the distribution period ends. Due to batch processing of data, there may be a delay in the distribution. Bitget appreciates the users’ patience. LaunchX income and expenses can be tracked in Assets > Spot Account > Spot Records.

    4. Can users withdraw committed funds at any time?

No, once committed, the funds cannot be withdrawn at any time. After the new coins are distributed, if the number of new coins received is less than the actual committed amount, any excess funds will be unlocked after distribution.

 Terms and conditions

1. Users must complete identity verification to participate in the promotion.

2. All participants must strictly comply with Bitget’s terms and conditions.

3. Sub-accounts, institutional accounts, and market maker accounts are not eligible for the promotion.

4. Bitget reserves the right to disqualify any user from participating in the promotion and confiscate their rewards if any fraudulent conduct, illegal activities (e.g., using multiple accounts to claim rewards), or other violations are found.

5. Bitget reserves the right to amend, revise, or cancel this promotion at any time without prior notice, at its sole discretion.

6. Bitget reserves the right of final interpretation of the promotion. Users may contact customer service if they have any questions.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

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

Disclaimer

Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, users can refer to the Terms of Use.

Users can sign up on Budget Now >>>

Follow Bitget on Twitter >>>

Join the Bitget Community >>>

Contact

Public Relations
Media
Bitget
media@bitget.com

Singapore, Singapore, December 13th, 2024, Chainwire

Cross-chain web3 collective network Astar has unveiled Astar Surge, its Pre-Deposit Campaign designed to accelerate integration with Soneium. Launching on December 18, the initiative offers ASTR holders an opportunity to earn rewards while contributing to the growth of Astar’s expanding web3 ecosystem.

As part of Astar Surge, ASTR holders can deposit their tokens into dedicated contracts on Astar’s Layer 1 network. In doing so, participants will accumulate points for each participating Soneium dApp. These points can later be redeemed for project tokens during their respective Token Generation Events (TGEs), adding a tangible incentive for early adopters.

“Astar Surge represents a significant milestone in our mission to connect people to web3 and bring this technology to billions. By empowering our community with early access to groundbreaking Soneium dApps, we’re not only accelerating ecosystem growth but also ensuring a seamless transition to Soneium’s infrastructure. This collaboration underscores our commitment to driving global adoption of the Astar Network and its representative token, ASTR, creating lasting value for all current and future holders.”

— Maarten Henskens, Head of Astar Foundation

Key Soneium projects including Yay!, Sake Finance, Untitled Bank, SoneX, and Kyo Finance are collaborating with Astar to deploy pre-deposit contracts, each benefiting from increased Total Value Locked (TVL) and heightened visibility ahead of the Soneium mainnet launch. The Pre-Deposit Campaign will ensure that liquidity is readily available for migration to Soneium’s infrastructure, laying the groundwork for a robust ecosystem from day one.

Security is a cornerstone of the Pre-Deposit Campaign, with contracts developed by Sake Finance and audited by leading blockchain security firm PeckShield. Utilizing ERC-6551 token bound accounts, the system ensures users retain ownership of their tokens while facilitating a seamless transition to Soneium’s mainnet. Upon depositing ASTR or ASTR LST, a token-bound smart contract account is created, locking the assets until the mainnet launch. The NFT tied to the account remains under the user’s control, guaranteeing ownership throughout the process.

After the Soneium mainnet launch, users can unlock their assets by signing a transaction to update the bridge contract utilizing interoperability protocols such as LayerZero and Chainlink CCIP. This allows seamless bridging of assets to Soneium and deposits into designated protocol contracts, guided by customized logic, for a secure and efficient transition.

Ecosystem projects will benefit from increased visibility and liquidity, with pre-deposit contracts designed to create a robust foundation for the upcoming Soneium mainnet. Regular community updates, including project highlights and interactive AMA sessions, will keep participants informed and engaged throughout the campaign.

The Pre-Deposit Campaign follows Astar’s decision to expand to Soneium’s Superchain ecosystem and become a chain-agnostic web3 service provider. Making the ASTR token available on Soneium’s Ethereum L2 will be one of the first steps in realizing this goal, paving the way for a successful Soneium mainnet launch.

About the participating projects

• Sake Finance: Sake is all about making decentralized finance easier, offering smooth asset swaps and exciting yield farming opportunities for Astar users.
• Yay!: Yay! brings a fun, social twist to web3, combining community-driven features with decentralized finance on Soneium.
• Untitled Bank: Untitled Bank is creating a more inclusive financial space on Soneium, offering services like lending, borrowing, and staking to everyone in the ecosystem including ASTR holders.
• SoneX: SoneX is making it easy to swap tokens with speed and security, all while boosting liquidity and scalability within Soneium’s growing ecosystem.
• Kyo Finance: Kyo Finance helps users maximize their capital with advanced DeFi tools, including leveraged yield farming and staking available for the ASTR token.

About Astar Network

Astar Network connects you to web3 as the premier gateway for projects spanning enterprises, entertainment, and gaming in Japan and beyond, driving global adoption and bringing web3 to billions. Powered by Polkadot, Astar utilizes a multi-layered tech stack to offer customizable blockchain solutions that support both EVM and WASM. With this robust framework, Astar accelerates the expansion of web3 technology worldwide. Recently, Astar announced the transition of Astar zkEVM to Soneium, an Ethereum Layer 2 solution developed by Sony Block Solutions Labs. This shift is set to extend web3 experiences to a wider audience, seamlessly bridging the gap between web3 and web2 users.

For more information, visit Astar’s: Official Website | Twitter | Discord | Telegram

Contact

PR at Startale Group
adria.garcia@startale.com

Singapore, Singapore, December 13th, 2024, Chainwire

LBank Labs, in collaboration with MetaEra and Bee Network, has jointly published its latest report titled “2024 Memecoins Report: From Controversial Narrative to a $100B Market.” The report highlights a paradigm shift in the memecoins, which have evolved from short-term speculative assets to a sophisticated market with a total capitalization exceeding $100 billion.

The memecoins market has demonstrated significant growth in 2024, with the Benchmark index surging 279.8%, outperforming assets like Bitcoin (118.9%) and gold (27.4%). This growth reflects not merely speculative interest, but a fundamental transformation in how memecoins are perceived and valued in the crypto industry.

This notable market expansion has been fueled by two game-changing developments: breakthroughs in infrastructure and an explosion in memecoins cultural diversity. The emergence of specialized platforms like Pump.fun has dramatically simplified memecoins creation and trading, sustaining market momentum throughout this cycle. 

In this flourishing landscape, Solana and Ethereum have become the go-to destinations for memecoins. Ethereum remains the bedrock for established memecoins, and Solana has become the platform for new launches due to its agility in capturing market momentum. The numbers speak volumes: the market capitalization of Ethereum’s memecoins reached $34 billion, and Solana’s at $20.4 billion. Together, they account for nearly 47% of the total memecoin market.

Alongside infrastructure advancement, the diversification of memecoins culture has emerged as another powerful market driver. These memecoins generally fall into four main types: Cult memecoins built on strong community consensus; the Animal memecoins that started it all; Trending event memecoins that capture hype; and the AI-themed memecoins that combine technology. Notably, these categories have begun to overlap as the market matures, creating more sophisticated memecoins narratives.

This maturation has sparked a dramatic shift in market sentiment. What began as a retail-driven phenomenon has gained institutional traction, with major players like DWF Ventures, Pantera Capital, Franklin Templeton, and VanEck embracing the value of memecoins and adopting a more open attitude toward the memecoins market.

Cryptocurrency exchanges have pivoted in response, racing to capture the memecoins market. In the competitive landscape of cryptocurrency exchanges, LBank cryptocurrency exchange has shown strong performance in the memecoins market through strategic timing and efficient execution. The numbers reflect this approach: with 281 memecoins listings in 2024 accounting for 34% of its total listings, followed by Gate.io (62) and Bitget (46). Notably, all top 10 trending memecoins identified in LBank’s previous “Top 10 Trending Memecoins of 2024” report were successfully listed on the platform. The performance of GOAT (29,900%), MOODENG (6,746%), and ACT (7,860%) on LBank reflect its ability to identify and support promising projects at their earliest stages.

Analysis of major meme projects reveals LBank’s competitive positioning in the market. While established exchanges like Binance and OKX command larger trading volumes, LBank’s strategy of early listing and active support has created significant value for traders. This is particularly evident in projects like GOAT and MOODENG, where LBank’s early market entry and trading metrics have matched or exceeded those of larger exchanges, demonstrating its effectiveness in identifying and supporting emerging projects.

LBank’s strategic focus on the memecoins market has proven effective, contributing to its milestone achievement of reaching 15 million global users. The launch of its slogan “Discover The Era of Meme Legends” in early 2024 has resonated strongly with the market evolution. As memecoins continue to mature, LBank cryptocurrency exchange remains committed to its strategic approach, introducing innovative initiatives and fostering market development to drive the next phase of industry growth. 

About LBank

Founded in 2015, LBank is a leading global cryptocurrency exchange, serving over 15 million registered users in more than 210 countries and regions. With a daily derivatives trading volume of more than $67 billion and support for over 800 cryptocurrencies, LBank is committed to delivering a comprehensive and user-friendly trading experience. Through innovative trading solutions, LBank has helped users achieve average returns of over 130% on newly listed assets. 

As a pioneer in the Meme coin market, LBank Crypto Exchange has listed over 240 mainstream Meme coins and 40 Meme gems, with several achieving gains of over 500%. As an industry leader in first-time Meme coin listings, the LBank cryptocurrency exchange has become a go-to platform for Meme coin investors.

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Website: https://www.lbank.com/  

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Miami, Florida, December 12th, 2024, Chainwire

Transak, a global leader in Web3 payments infrastructure, has officially launched Transak Stream, a groundbreaking innovation that redefines the crypto-to-fiat off-ramping experience. This new product delivers unmatched simplicity, making stablecoin and cryptocurrency conversions to fiat as seamless as sending a token between wallets.

Imagine this: A user with a Web3 wallet wants to withdraw $1,000 USDC. All they need to do is send their crypto to their unique Transak Stream Address. Within seconds, the equivalent fiat amount is deposited into their bank account or card— no order placement, no need to open additional apps, no widget.

Click here to see Transak Stream in action

Such a smooth, hassle-free process transforms the off-ramp experience, making it incredibly user-friendly while offering wallet partners and platforms a competitive advantage, i.e., enhanced user retention, higher conversions.

“Our goal was simple, yet ambitious — make crypto as intuitive as cash. Transak Stream is a giant leap in that direction. It makes crypto transactions feel as natural as everyday payments,” said Sami Start, CEO of Transak.

The Future of Off-Ramping: One Step, Instant Cash-Outs

Transak Stream revolutionizes the off-ramping process by reducing it to a single step:

1. Send Stablecoins or Crypto: Users simply send their assets to their unique Transak Stream Address.

2. Instant Fiat Payout: The fiat equivalent is instantly deposited into their linked bank account (SEPA, FASTER) or card (Visa/Mastercard).

This innovative approach streamlines the traditionally cumbersome multi-step off-ramping process. Transactions that once took ~5 minutes or more are now completed in seconds, making it easier to integrate stablecoins and crypto into real-world financial use cases. In a live test, Transak compared its standard off-ramp with the new Transak Stream. The results were striking: while the standard process took approximately 4 minutes, Stream enabled cash-outs in just 19 seconds.

“Transak Stream bridges the gap between crypto and fiat with the simplicity users deserve and the compliance businesses demand,” said Yeshu Agarwal, Co-Founder & CTO of Transak. “With Visa Direct and stablecoins like USDC at the core, we’re creating an ecosystem where crypto becomes as easy to use as traditional money.”

Limitless Use Cases For Web3: Transforming Payments, Payroll, And More

The technical innovation behind Transak Stream is one of the industry’s biggest for consumer-level crypto accessibility. By enabling near-instant conversions, this new product unlocks use cases across remittances, payroll, gaming, and more.

• Global Remittances: Migrant workers can send stablecoins to family members, with funds seamlessly deposited into local bank accounts as fiat, eliminating traditional remittance fees and delays.
• Payroll Automation: Companies can pay employees globally in stablecoins, which convert automatically into local fiat for immediate access.
• Instant Payouts for Freelancers and Creators: Freelancers earning in stablecoins can access their earnings in fiat within minutes, ready to spend or save.
• Bank-Enabled Crypto Off-Ramping: Banks can integrate Transak Stream to offer their customers direct crypto-to-fiat conversion within their existing banking apps, creating seamless flows and engaging crypto users.
• AI-Driven Financial Automation: Apps can leverage AI-powered tools to automate financial flows. For example, a task management app could verify completed milestones and trigger automated payouts in fiat using Transak Stream.
• Web3 Gaming: Enable seamless in-game asset payouts directly to players’ bank accounts in seconds.
• Recurring Payouts: From lending to staking, get recurring yield payouts directly to bank or card.

Key Features of Transak Stream

Whether you’re a freelancer cashing out earnings, a business automating payouts, or a developer integrating next-gen financial flows, Transak Stream sets a new benchmark for speed, accessibility, and global reach.

1. One-Click, Crypto-To-Cash: Users send crypto to their unique Transak Stream Address, and fiat is deposited directly into their bank accounts or cards- within seconds.
2. Global Reach: Transak Stream leverages Visa, Mastercard and a network of all localized banking providers (SEPA, FASTER, more coming soon) to deliver real-time payouts in over 145 countries, ensuring users have instant access to their funds.
3. Broad Asset Compatibility: Supports 40+ popular cryptocurrencies and stablecoins such as USDC, USDT, BTC, ETH, and SOL across 29+ major blockchain networks.
4. Designed for Developers: Partners can just pass 5 mandatory query params and enable Stream for their app also available with robust APIs and fully customizable capabilities to enable platforms to integrate one-click off-ramping, enhancing user retention and engagement.
5. Industry’s fastest Off-Ramp: The innovation of introducing Transak Stream wallets make it child’s play for users to off-ramp in one -click, making it the fastest and easiest way to cash out crypto.
6. Send becomes the new sell: Send crypto from any wallet to Transak Stream Address to off-ramp in under one minute.

Building On Proven Success

Transak Stream builds on the success of Transak’s existing off-ramp solution, which has processed over $50 million across 100,000+ transactions globally in 2024 alone. Across all its products, Transak has processed over $1.4 billion in transactions for its 8 million+ users worldwide.

“Our goal with Transak Stream is to create a future where crypto flows seamlessly into real-world financial systems,” added Agarwal. “Visa Direct and Circle are integral to making this vision a reality, enabling secure, scalable, and compliant transactions across borders.”

Visit Transak.com/integrate-stream to get Transak Stream for your app

About Transak

Transak is the world’s most compliant and largest Web3 payments infrastructure provider, serving over 8 million users across 160 countries. It powers 350+ platforms, facilitating the purchase and sale of digital assets with its API-driven fiat-crypto on/off-ramp, NFT checkout, and other solutions that simplify KYC, compliance, payment methods, and customer support.

Headquartered in Miami, US, and incorporated in Delaware, Transak has a tech hub in Bengaluru and offices in London, Milan, Dubai, and Hong Kong.

For more information, visit https://transak.com/ or follow us on x.com/transak and linkedin.com/company/transak

Contact

Harshit Gangwar
Harshit.Gangwar@transak.com