New York, United States, August 21st, 2024, Chainwire

Conflux Network, China’s only regulatory-compliant public blockchain, is teaming up with China Mobile, the nation’s largest telecom provider boasting over 1 billion monthly users. This strategic alliance aims to revolutionize digital collections via Migu, China Mobile’s digital content division. Conflux Network and China Mobile will introduce cutting-edge digital collectibles like video RBTs (Ringback Tones), digital identities (DIDs), and blockchain communication hardware, all driven by the Conflux TreeGraph public blockchain.

The first release from this partnership is set to make history as the world’s first public blockchain-based digital collectible video ringtone. Titled the “MIGO and His Friend ConFi” series, it will launch on August 23, 2024, at 10:00 AM Beijing Time and will be available for purchase through the “Digital Collectibles” section of the Migu Music App.

This collection features characters from Conflux’s mascot, “ConFi,” alongside “MIGO,” China Mobile Migu’s pioneering NFT product. The series integrates real-life landmarks from Hong Kong to tell a story of friendship through captivating visual storytelling. The “MIGO and His Friend ConFi” video ringtones will be sold as mystery boxes, with 5,000 units available at 13.9 RMB (~2 USD) each. Of these, 500 units are rare editions, representing just 1% of the total. These video ringtone mystery boxes offer a cutting-edge 5G experience, combining personalization, social interaction, and interactivity. Users can view the corresponding video ringtone directly on their phone screens during calls without needing to install additional software.

Since 2021, Migu has been one of China Mobile’s fastest growing verticals as a leader in immersive media technologies. Migu has driven digital content innovation with a strategic focus on ultra-high-definition video, video ringtones, cloud gaming, cloud VR, and cloud AR, all as part of their Metaverse evolution strategy. The partnership with Conflux marks Migu’s first venture into Metaverse and digital collectible applications on a public blockchain network, bringing this technology to Migu’s 120 million monthly active customers.

About Conflux

Conflux Network is a permissionless Layer 1 blockchain that connects decentralized economies across borders and protocols. It utilizes a hybrid PoW/PoS consensus mechanism to ensure a rapid, secure, and scalable blockchain environment. With Conflux, congestion is eliminated, fees remain low, and network security is enhanced.

As the leading regulatory-compliant public blockchain in China, Conflux offers a distinct advantage for projects seeking to enter the Asian market. The platform collaborates with renowned global brands and government entities in the region, driving blockchain and metaverse initiatives. Notable partnerships include the city of Shanghai, China Telecom, Little Red Book (China’s “Instagram”), McDonald’s China, and Oreo. Users can learn more: https://confluxnetwork.org/

About China Mobile Migu 

China Mobile Migu is a specialized subsidiary of China Mobile focused on the mobile internet sector. The company is dedicated to the core principle of “digital content platform,” integrating the characteristics of both telecom operators and internet companies. Supported by advanced technologies, Migu continues to build its core capabilities in content technology, platform technology, and cloud network technology. Migu is actively exploring innovative “Internet + digital content” operations, combining content incubation with channel partnerships, and is working to develop platforms for new media integration, digital content aggregation, copyright transactions, and content entrepreneurship. Migu is committed to transforming the way users experience entertainment and culture. Migu boasts 400 million video ringtone users, 25 million digital smart users, over 60 million e-books, and 130+ published books. Migu also offers 2,300 cloud games with 120 million active users, making it a top culture-tech brand and new media platform.

Contact

Melissa Tirey
melissa@shift6studios.com

Warsaw, Poland, August 20th, 2024, Chainwire

Flipster, one of the leading crypto derivatives trading platforms, is listing Tether Gold (XAU₮) issued by TG Commodities Limited to its platform, providing users with new opportunities to deposit, withdraw, and convert the gold-backed digital asset. 

Flipster CEO Yongjin Kim commented: “Tether continues to lead the stablecoin market, maintaining the highest market cap among its peers. As blockchain technology evolves, there is growing interest in real-world assets like gold being brought on-chain. Tether is well-positioned to capitalize on this trend, offering products like Tether Gold that provide users with a way to gain exposure to the value and stability of gold.”

To celebrate the introduction of Tether Gold on its platform, Flipster has launched two exciting campaigns designed to reward users for engaging with this new offering:

1. Tether Gold Launchpool

• Total prize pool: 60,000 USD₮
• Daily rewards: Win up to 12,000 USD₮ daily by staking XAU₮ and converting crypto to XAU₮.
• Campaign dates: 20 August 00:00 UTC to 25 August 00:00 UTC

2. Tether Conversion Campaign

• Earning up to 24% APR: Converting staked XAU₮ to USD₮ and earning up to 24% APR, in addition to other ongoing campaigns, on the user’s entire USD₮ wallet balance.
• Campaign dates: 25 August 00:00 UTC to 8 September 00:00 UTC

By adding Tether Gold to its platform, Flipster continues to build on its reputation as a forward-thinking platform that provides users with the tools they need to navigate the evolving digital asset landscape.

“At Flipster, we are thrilled to offer access to these innovative assets, empowering our users to explore real-world asset opportunities and enhancing our platform’s appeal as a comprehensive trading hub,” said Kim.

About Flipster

Flipster is among the fastest-growing crypto derivatives trading platforms, offering lightning-fast perpetual futures listings on the latest cryptocurrencies. The easy-to-use platform provides users with an all-in-one trading experience with leverage of up to 100x on over 250 tokens with high liquidity and zero trading fees. For media enquiries or interview requests with the team, please reach out to pr@flipster.io. 

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About Tether and USD₮

Tether is a pioneer in stablecoin technology, driven to revolutionize the global financial landscape, its mission is to provide accessible, secure, and efficient financial, communication, and energy infrastructure. Tether enables greater financial inclusion and communication resilience, fosters economic growth, and empowers individuals and businesses.

As the creator of the industry’s largest, most transparent, and liquid stablecoin, Tether is dedicated to building sustainable and resilient infrastructure to benefit underserved communities. By leveraging cutting-edge blockchain and peer-to-peer technology, it is committed to bridging the gap between traditional financial systems and the potential of decentralized finance.

About Tether Gold (USD₮)

Tether Gold (Gold) is a digital asset offered by TG Commodities Limited. One full USD₮ token represents one trou fine ounce of gold on a London Good Delivery bar. XAU₮ is available as an ERC-20 token on the Ethereum blockchain, The token can be traded or moved easily at any time, anywhere in the world, and can be transferred to any on-chain address from the purchaser’s Tether wallet where it is issued after purchase. The allocated gold is identifiable with a unique serial number, purity, and weight and is redeemable in the form of physical gold.

Important Note

This press announcement is not an offer to sell or the solicitation of an offer to buy Tether Gold (XAU₮). TG Commodities Limited will only sell or redeem XAU₮ pursuant to its gold token terms of sale and service available (as of the date of this press release) at gold.tether.to/legal. 

Contact

Brand Marketing Manager
Shirlyn Tan
Flipster
pr@flipster.io

Singapore, Singapore, August 20th, 2024, Chainwire

PEXX, an innovative fintech startup specialising in stablecoin cross-border payments, is excited to announce the acquisition of Singapore-based blockchain media platform, Chain Debrief for an undisclosed amount, following its successful raise of $4.5 million led by TNB Aura and ANTLER. This strategic move aligns with PEXX’s commitment to expanding its footprint and fostering deeper engagement within the global blockchain community.

“The acquisition of Chain Debrief represents a significant milestone in PEXX’s journey to revolutionise the global financial landscape. By integrating Chain Debrief’s rich content and community insights, we are not only enhancing our platform but also empowering our users with the knowledge and tools they need to navigate the complex world of blockchain and cryptocurrencies. This strategic move underscores our commitment to expanding our influence and fostering greater engagement within the Southeast Asian blockchain ecosystem, while staying true to our mission of making cross-border payments fast, affordable, and accessible to all.” — Marcus Lim, CEO of PEXX

Through this acquisition, PEXX plans to enrich its platform by integrating Chain Debrief’s extensive library of content including articles, tutorials, and expert analyses directly into the PEXX user experience. This will provide users with easy access to the latest information on blockchain technology, cryptocurrencies, and regulatory developments to aid them in making informed decisions.

Additionally, the acquisition of Chain Debrief serves as a vital channel for PEXX to enhance its community, particularly in Southeast Asia. By continuing Chain Debrief’s mission of crypto education, PEXX will provide users with the resources needed to navigate the rapidly evolving world of cryptocurrency. This move also supports PEXX’s broader vision of encouraging crypto investment and adoption across the region.

“We’ve always been passionate about educating and empowering our community with the latest in blockchain and crypto. Now, with PEXX’s innovative approach to cross-border payments and their commitment to expanding financial access, we have the opportunity to bring our content and insights to an even broader audience. ” — Jacky Yap , Founder of Chain Debrief

As PEXX continues to grow and expand its offerings, the acquisition of Chain Debrief represents a significant milestone in its journey. The company remains committed to its mission in providing fast and affordable cross-border payment transfers, while also contributing to the wider blockchain ecosystem through education and thought leadership.

About PEXX

PEXX is a pioneering stablecoin cross-border payment platform that simplifies global money transfers. By offering secure, fast, and cost-effective solutions, PEXX enables users and businesses to off-ramp stablecoins like USDT and USDC to fiat in 16 currencies directly into bank accounts. PEXX’s innovative platform bridges the gap between traditional finance and the world of cryptocurrencies, making global money transfers seamless and efficient.

Users can stay connected with PEXX: https://linktr.ee/pexxme

Contact

PEXX Marketing
PEXX Technology Pty Ltd
marketing@pexx.com

Delaware, United States, August 16th, 2024, Chainwire

Led by Finality Capital and Paper Ventures, with participation from Arrington Capital, Draper Dragon, Lightshift, and others.

Holonym Foundation, an organization building the next generation of digital identity security for the decentralized web, is announcing the completion of a successful $5.5 million seed funding round. The funding round was led by Finality Capital and Paper Ventures, with significant participation from Draper Dragon, Arrington Capital, Lightshift, Zero Knowledge Ventures, Zero DAO, and other prominent funds. 

Shady El Damaty, Co-Founder of Holonym, said: “We’re building core person-first principles into the technology we ship out to the world. Our goal is to build a global open-source layer that upgrades the abilities of each citizen with basic access to a digital identity using cryptography to prove their personhood.”

“We can’t have self-sovereign control of our monetary assets without self-sovereign identity. The Holonym foundation is building critical middleware and applications that will make Web3 users the envy of Web2 users by giving them the power to own, govern, and selectively share their data with strong privacy and security guarantees. Holonym will be part of the solution to usher in the next trillion dollars of assets into blockchain.’’, said Kamal Mokeddem, GP of Finality Capital.

Cryptographic keys, or private keys, run the web and secure every digital interaction on the internet. But what if private keys could be built differently and in a more sophisticated way? Human Keys completely change how private keys are derived. Instead of creating private keys from random phrases, Human Keys make humans into keys. This new framing shifts ownership of digital assets from the holder of a random seed, to the human that can uniquely prove their biometrics. Human Keys make the ownership layers of the internet built on top more consumer-friendly, decentralized, and secure. 

Human Keys encompass three protocols built by the Holonym Foundation, all having security and robust data privacy systems as core principles: 

• Mishti Network, a breakthrough threshold entropy network that computes an Oblivious Pseudorandom Function (OPRF) on biometric data. 
• This allows humans to derive random secure keys that are hard to steal, and it unlocks private homomorphic computation on encrypted data, allowing untrusted third-parties to authenticate users without ever seeing the underlying data. 
• This is an Actively Validated Service (AVS) on Eigenlayer with crypto economic mechanisms that leverage the economic security of the Ethereum network.
• Zeronym, a zero knowledge identity protocol, leverages Human Keys to allow anyone in the world to secretly prove facts about their identity. 
• Over 125,000 pseudonymous Zeronym users around the world have already unlocked these rights, proving their unique personhood, residency, and other attributes to curate a rich digital reputation that they alone own and control.
• Silk, a simple and elegant wallet user interface for interacting with crypto protocols. 
• Human Keys are made usable in the real world by the everyday internet user with Silk.
• Silk provides advanced security tools to protect users from hackers, scams, and malware on the decentralized web.

Nanak Nihal Singh Khalsa, Co-Founder of Holonym said: ’’Humanity is not just biometrics, e.g. your face. It is about what you have, what you know and what you are: your property, your memory, and your body. On the current centralized web, we are giving free ownership to our data. Web3 must be the space where we provide robust data ownership and secure sharing of personhood, so that nobody can own your data except you.’’ 

By granting every human in the world a secure key that only they can hold and control, the Holonym Foundation moves towards global digital inclusion, precisely at a time when advancements in artificial intelligence are poised to leave so many behind.

Shady El Damaty, co-founder of Holonym, says this is just the start for the Holonym Foundation. “Human Keys will redefine how citizens interact with the internet by limiting the overreach of power and hardening individual rights with resilient decentralized protocols built on Zeronym and Mishti Network.”

Holonym Foundation is focused on applied cryptography innovation that delivers solutions for real-world problems.

About Holonym Foundation

The Holonym Foundation’s mission is the proliferation of Human Keys to make security and privacy more usable in zero trust environments. Holonym Foundation has developed infrastructure to allow anyone, anywhere, to create Human Keys with Mishti Network, easily use them with Silk and privately prove facts about their identity with Zeronym. 

Holonym Foundation Products

Mishti Network. A threshold network for zero trust Human Key derivation. Create high entropy Human Keys from private biometrics, passwords, security questions, or other human-memorable data. Mishti also powers Zeronym’s programmable privacy for on-chain private banking, payments, and other real world regulated industries.

Silk. The human-friendly wallet for instant onboarding. Use Human Keys with zero trust protocols to save, send payments, access global internet finance protocols and manage your private data. Silk is a protected self-custody wallet that can be recovered without trusted guardians. 

Zeronym. Proof of personhood and private identity. Fast client-side privacy for identity verification, supporting digital credentials from 180 countries. Use Human Keys to prove any fact privately without revealing any information in zero knowledge. Business can utilize Zeronym for privacy-preserving KYC/AML with programmable privacy for on-going monitoring.

CONTACT & SOCIALS

For PR enquiries users can contact press@holonym.io

Users can stay connected with Holonym Foundation and it’s Products:

🌐 holonym.id, mishti.network, silk.sc

✖️ X Holonym | Zer0nym | Mishti Network | Silk

📲 Telegram Holonym Official | Mishti Network | Mishti Community | Holonym Dev Support

💼 Holonym Linkedin

✍️ Holonym Medium

📝 Holonym on Paragraph

🎥 Holonym YouTube

🎙️ Farcaster | ‌holonym | zeronym | silkysignon

📝 Holonym on Discord

Contact

Press
Holonym
pr@holonym.io