London, United Kingdom, December 18th, 2023, Chainwire

StrikeX proudly announces the successful launch of Swaps V2, a ground-breaking update that streamlines the crypto-crypto swaps process. This release introduces a new level of functionality, security, and user-friendly design, signifying a significant step forward in StrikeX Wallet’s journey to establish itself as a market leader.

Swaps V2 offers users an unparalleled experience, enabling effortless swapping of ANY token through a sophisticated, secure, and intuitive interface. Whether dealing with blue-chip cryptocurrencies or exploring newly launched tokens, StrikeX Wallet’s Swaps V2 caters to all preferences. Can’t find the token you are looking for? No problem, users can import them seamlessly using the token’s contract address, making them instantly available for swapping.

Additionally, StrikeX Wallet has successfully integrated the popular Layer 2 blockchain, BASE. This integration empowers users to buy, sell, swap, and self-custody BASE native assets directly within their StrikeX Wallet, providing a comprehensive and streamlined experience for cryptocurrency enthusiasts.

Swaps V2 marks the first phase of the StrikeX Wallet Version 2 rollout. In the coming months, users can anticipate witnessing the evolution of the entire Application, with each section being elevated to the V2 standard. Expect enhanced functionality, an enriched user interface, and innovative new features as StrikeX propels itself to the forefront of the decentralized finance (DeFi) space.

StrikeX Wallet invites users to join them on this transformative journey. Users can download the StrikeX Wallet today and be part of the new wave.

About StrikeX

StrikeX Technologies Ltd is a leading provider of blockchain solutions, specialising in blockchain technology, DeFi, and tokenized assets. The company is dedicated to bridging the gap between traditional finance and Web3, empowering organisations to embrace the transformative power of blockchain.

Contact

CEO & Co-Founder
Joe Jowett
StrikeX Technologies Ltd.
press@strikex.com

Stockholm, Sweden, December 15th, 2023, Chainwire

Common Wealth, a trailblazer in early-stage Web3 investment, and PAID Network, known for its innovative Ignition Launchpad, announced a groundbreaking partnership aimed at transforming the crowdfunding and investment paradigm in the digital era. This collaboration marks a significant milestone in the Web3 finance sector, promising to make decentralized finance more accessible, equitable, and efficient for a broad spectrum of retail investors and crypto users.

The synergy between Common Wealth’s mission and PAID Network’s unique capabilities for transparency and reliability lays down the foundation for a new crowdfunding experience that benefits all parties involved. Common Wealth, as the Market Pathfinder, will focus on unearthing and showcasing high-potential early-stage investment opportunities. Meanwhile, PAID Network, acting as the Catalyst for Startups, will bridge the gap between visionary founders and the resources they need, leveraging its crowd-sourced funding platform and incubation resources.

Revolutionizing the Investment Experience

The brands’ shared goal to democratize the investment process in Web3 will see them work closely to create an environment that is inclusive, secure and simple for users who want to participate. Common Wealth provides a mobile-first, user-friendly platform augmented by ZKsync technology, whereas PAID Network introduces a Web3-critical layer of trust and transparency.

The joint efforts of Common Wealth and PAID Network are focused on creating an environment that fosters equal opportunities and eliminates obstacles. This vision is consistent with the principle that prioritises individuals in decentralised finance and utilises blockchain technology to enhance the financial well-being of a greater number of people worldwide. 

The collaboration between Common Wealth and PAID Network transcends the mere pooling of resources in its pursuit of establishing a DeFi space that is more inclusive, sustainable, and powerful. Collectively, both companies are positioned to revolutionise the forthcoming landscape of crowdfunding and investments. In doing so, Common Wealth and PAID Network will uphold the fundamental tenets of blockchain and cryptocurrency, while granting users around the globe unprecedented access to early-stage ventures and lucrative investment prospects.

About Common Wealth

Common Wealth is redefining the venture capital investment model using Web3 principles. With a focus on opening up access to the masses, Common Wealth incentivizes crowd-sourced wisdom and sets new standards in investment and education. The platform is committed to a seamless, mobile-first experience in the layered Web3 space.

• Website: joincommonwealth.xyz
• Twitter: @joincommonwlth

About PAID Network:

PAID Network’s Ignition is a pioneering Launchpad focused on connecting highly vetted founders with the resources they need to succeed. By offering crowd-sourced funding and top-tier incubation tools and advisors, PAID Network plays a crucial role in bringing visionary projects to life.

• Website: PAIDNetwork.com
• Telegram: @PaidNetwork
• Twitter: @PAID_Network
• Medium: @PAIDNetwork

For more information, contact: 

Please visit https://joincommonwealth.xyz/  

Read Common Wealth Lightpaper or follow on https://twitter.com/joincommonwlth 

For all media enquiries: media@common-wealth.io

Contact

Chief Operating Officer
Timothy McCann
Common Wealth
media@common-wealth.io

New York, America, December 15th, 2023, Chainwire

In the sphere of Bitcoin’s on-chain assets, a groundbreaking paradigm emerges with Bitboost’s exploration of programmability, transforming Bitcoin into a dynamic asset playground. Protocols such as Ordinals, BRC-20, and Atomicals have significantly enriched Bitcoin’s on-chain assets, offering a novel approach to scaling Bitcoin: utilizing Bitcoin as a bulletin board to publish assets and executing asset transactions off-chain through indexers. Unlike rollups, this method doesn’t validate transaction execution results on Bitcoin, making it completely agnostic to Bitcoin.

Through this approach, many popular assets have been issued on Bitcoin. The issuance method for these assets is fair minting, allowing anyone to mint a certain quantity of assets through a Bitcoin transaction. This issuance method provides participants with a fair opportunity and results in a decentralized distribution of assets, aligning more closely with the principles of decentralization. Most of these assets were issued starting in March, and as of today, some popular assets, such as $ORDI and $SATS, have market caps exceeding 1 billion USD, leading to significant wealth effects.

The Hidden Challenges Behind the Popularity of Asset Protocols

Behind the popularity, these asset protocols also suffer from many problems. Firstly, the asset issuance pattern is singular and fixed, supporting only fair minting and lacking support for additional issuance methods such as whitelists and IDOs. Secondly, the asset circulation pattern is also very rigid, supporting only transfers and exchanges with BTCs, without accommodating DeFi applications like swap, lending, staking, and more. Users are limited to actions such as minting, holding, and buying/selling with BTC, restricting the utility of these assets.

The fundamental reason for this type of problem is that the assets lack programmability. All functions of the assets are hardcoded in the protocol, and users cannot redefine them. Taking BRC-20 as an example, the asset’s functions are limited to deploy, mint, and transfer. If these assets can interact with smart contracts, users are then able to modify or add functions through the creation of smart contracts, and the problem of fixed functionality patterns can be completely solved.

Bitboost’s Unique Solution: The end Game of the Programmable Asset Protocol

Bitboost has conducted research on all publicly available smart contract solutions on Bitcoin, such as on-chain solutions like BitVM, sidechain solutions like Rootstock and Stacks, and layer 2 solutions like RGB and BEVM. After analyzing and comparing the strengths and weaknesses of all these solutions, Bitboost believes that designing a programmable asset protocol on Bitcoin should adhere to the following principles:

• Simplicity: It should not add excessive burden to the Bitcoin network.
• Security: Malicious behaviors from some participants could not lead to protocol failures.
• Compatibility: It should be compatible with existing wallets, explorers, and other tools.

Based on these principles, Bitboost has been incubated. Bitboost publishes Ethereum-style transactions on Bitcoin and utilizes an off-chain indexer with EVM (Ethereum Virtual Machine) integrated to execute these transactions. This allows for launching an EVM execution environment on Bitcoin, enabling the issuance of assets and deployment of DeFi applications within this environment.

• In terms of simplicity, Bitboost packages and compresses transactions into batches, similar to rollups, and then publishes these batches to the Bitcoin network. The transaction size and fee can be an order of magnitude lower than Bitcoin transactions.
• In terms of security, the entire protocol does not rely on multi-signatures and will not be halted by the failure of some nodes. Like other Bitcoin asset protocols, it is completely trustless.
• In terms of compatibility, the protocol participants can be divided into users and miners. For users, Bitboost is like an Ethereum chain and can be interacted with using existing Ethereum tools such as Metamask. For miners, they only need to help the protocol to inscribe transactions from the mempool onto Bitcoin through the Ordinals protocol, and then receive Bitboost’s native token as a reward.

Bitboost is referred to as a co-processor of Bitcoin. It is similar to how a GPU is commonly referred to as a co-processor of CPU, where the CPU delegates computationally intensive display tasks to the GPU, and the GPU, after computation, returns the results to the user through the screen. Bitcoin delegates the processing tasks of on-chain assets to Bitboost, and after Bitboost completes the processing, it returns the results to users through Ethereum-compatible APIs.

The difference between Bitboost and rollups lies in the fact that Bitboost’s state roots are not synchronized to Bitcoin, so they are not validated on Bitcoin through validity proofs or fraud proofs. Since Bitcoin does not have smart contracts, it lacks the ability to validate state roots. Therefore, a trustless 1:1 asset-pegged bridge between Bitboost and Bitcoin cannot be established. Instead, in Bitboost, the native token is exchanged with BTC through PBSTs (Partially Signed Bitcoin Transactions), the same way as other on-chain assets.

About Bitboost

Bitboost pioneers programmability in Bitcoin’s on-chain assets, offering a unique solution that combines simplicity, security, and compatibility. As a co-processor to Bitcoin, Bitboost introduces a new era, allowing users to redefine asset functions through smart contracts and enhancing the overall utility and scalability of the Bitcoin network.

Contact

TrustlessLabs
Trustlesslabs@proton.me

Los Angeles, United States, December 15th, 2023, Chainwire

In a landmark collaboration, Ethernal Labs, together with the Bruce Lee Family Companies and Ethernity, is proud to announce the launch of the “Bruce Lee: The Year of The Dragon” digital collectibles collection. This innovative collection, featuring five unique digital statues, is set to debut on December 16th at 12pm EST, exclusively on the Ethernity marketplace.

Nick Rose Ntertsas, CEO and Co-Founder of Ethernal Labs, expressed enthusiasm about the partnership: “Collaborating with the Bruce Lee Family Companies to bring this digital collection to life has been an incredible journey. These collectibles, blending artistry with Bruce Lee’s timeless philosophy, mark a significant milestone in the world of licensed digital collectibles.”

The collection is limited to just 500 editions, each priced at $99 and available to purchase with the ERN token or Credit Card, presenting a rare opportunity for collectors and enthusiasts alike. Available through an intriguing ‘Dojo’ mystery box format, the collection features five distinct digital statues, each meticulously crafted to represent a key element of Bruce Lee’s profound martial arts philosophy and his enduring legacy.

The collectibles in the series include:

• COMMON: Be Water, My Friend – A digital embodiment of Bruce Lee’s famous mantra, symbolizing the fluidity and adaptability of his teachings.
• RARE: Jeet Kune Do – Capturing the essence of Bruce Lee’s own martial art, reflecting personal expression and practicality.
• EPIC: Deadly Game – Featuring the iconic yellow tracksuit, this collectible symbolizes the adaptability and versatility at the heart of Lee’s philosophy.
• LEGENDARY: Destroy the Image – A representation of transcending limitations and shattering the illusions of traditional martial arts.
• GRAIL: The Dragon Apprentice – Honoring Bruce Lee’s journey from a dedicated student under Yip Man to a master of martial arts.

Those who collect all five statues will be rewarded with a special 6th ‘Supreme’ edition and 100 ERN tokens from Ethernity as a reward for their Bruce Lee fandom. In addition, every collector who acquires a statue from the collection will be entered into a special Lunar New Year giveaway where they receive a digital red envelope in their Ethernity account, symbolizing good fortune and containing various rewards. These could range from additional ERN tokens and Stones rewards points, which are redeemable for physical or digital goods on the Ethernity website.This celebratory giveaway not only honors the Lunar New Year but also serves as a token of gratitude to the community, blending tradition with the innovative spirit of the collection.

The collection will be available exclusively on the Ethernity marketplace which provides an essential platform for this collaboration. Ethernity ensures that this collection not only celebrates Bruce Lee’s legacy but also represents the future of digital collectibles through advanced utility. 

In appreciation of the community’s support, those who previously invested in the “Bruce Lee: The Formless Form” collection will receive early access to the “Year of The Dragon” collection, highlighting the importance of community.

About Ethernal Labs:

Ethernal Labs is renowned as a premier creative and technology studio. Our expertise lies in crafting exceptional digital products that resonate with major brands and leading entertainment franchises. We are dedicated to revolutionizing brand experiences through cutting-edge strategies in the dynamic digital landscape. Our focus is on forging distinctive products that not only amplify brand presence but also deepen community engagement and invigorate intellectual property interaction. At Ethernal Labs, we are committed to redefining the boundaries of digital engagement and brand evolution.

About Ethernity:

Ethernity stands at the forefront of the digital asset revolution, leading the charge with its groundbreaking ecosystem that intertwines community-driven digital collectibles, captivating interactive media, and pioneering tokenized assets and services. Ethernity distributes both content from established IP and original content across a spectrum of media platforms, while also innovating in the realm of decentralized applications that harness the power of next-generation tokenized assets. At the heart of our mission is the fusion of art, technology, and community, creating a vibrant and engaging digital landscape that redefines the experience of fandom and digital ownership.

About the Bruce Lee Family Companies:

Bruce Lee, LLC, a global licensing business and one of the Bruce Lee Family Companies, seeks to cultivate and respect the intellectual property of Bruce Lee by partnering with companies who understand and embody Bruce Lee’s values.  The products and content we create seek to open hearts, stimulate imagination and make us feel connected to one another through the cultivation of our individual talents.  In doing this, we look for partners who inspire and energize us, who can create emotional experiences (not just products), who use superlative quality and have creative mastery in their field, and who are open-minded, kind and down to earth.

Contact

CMO
James Aitken
Ethernity
james@ethernity.io
+61474861770