Victoria, Seychelles, 27th March, 2023, Chainwire
Bitget, the largest crypto copy trading platform, has announced a strategic partnership with Space and Time (SxT), a leader in decentralized data warehousing. The partnership will enable Bitget to offer users unparalleled transparency of exchange operations with a verifiably tamperproof audit trail of data and computation.
Bitget is the first centralized exchange to leverage a decentralized data warehouse. The trustless Space and Time platform will provide Bitget users with verifiable evidence that the exchange holds the assets it claims to own on behalf of its clients. Bitget users will also have full transparency about the exchange’s activity, liquidity, assets, and liabilities with the assurance that the data and computation powering the exchange are accurate and haven’t been tampered with.
Bitget has launched its Proof of Reserves Page to demonstrate to users that it is a full-reserve exchange. Bitget’s Proof of Reserves (“PoR”), which uses the cryptographic-audited Merkle tree method, will also validate that users’ assets stored on the platform are safeguarded. To support further transparency, the exchange will work with Space and Time, which allows Bitget to provide proof of accounting and assure its users that all exchange operations are both valid and verifiable. Total reserve ratio is 231% according to the data as of Mar 6th 2023, which means Bitget holds more than 100% of the users’ total assets (BTC, ETH, USDT, USDC).
“Bitget strives to be the all-in-one global trading platform, and our partnership with Space and Time highlights our commitment to that,” said Gracy Chen, Managing Director of Bitget. “More than ever, users want to see transparency from exchanges. Bitget is first to work toward transparency of proof of accounting and operations through Space and Time. We aim to inspire people to embrace crypto with more protection, transparency and security, which serve as pillars for building a robust platform.”
Space and Time is the first decentralized data warehouse that joins tamperproof on-chain and off-chain data. Space and Time has developed a novel cryptography called Proof of SQL that cryptographically proves that query computations were done accurately and that both the query and the data are tamperproof.
“Space and Time is building the foundation for a verified and transparent financial economy,” said Nate Holiday, CEO and Co-Founder of Space and Time. “We’re thrilled to work with Bitget to provide market-leading proofs for accounting and verifiability of operations. This partnership marks a new era of transparency for centralized businesses.”
Bitget will leverage the Space and Time data warehouse to run verifiable computations against verifiable on-chain and off-chain data. The transparency enabled by Space and Time will help Bitget strengthen the trust it has built with its growing user base as it continues to expand its product offerings to become a one-stop investment solution.
About Bitget
Bitget, established in 2018, is the world’s leading cryptocurrency exchange with futures trading and copy trading services as its key features. Serving over 8 million users in more than 100 countries and regions, the exchange is committed to helping users trade smarter by providing a secure, one-stop trading solution. It also inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi, the leading Italian football team Juventus, and official eSports events organizer PGL. According to Coingecko, Bitget is currently a top 5 futures trading platform and a top 10 spot trading platform.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord
About Space and Time
Space and Time is the first Web3-native decentralized data warehouse that joins tamperproof on-chain and off-chain data to deliver enterprise use cases to smart contracts. Space and Time has developed a novel cryptography called Proof of SQL™ that allows developers to connect analytics directly to smart contracts, opening up a wealth of powerful new use cases and business logic on blockchain technology. Space and Time is built from the ground up as a multichain data platform for Web3 developers in financial services, gaming, DeFi, or any project requiring next-gen analytics.
For more information, visit: Website | Twitter | Discord | Telegram | LinkedIn | YouTube
For media inquiries, please contact: Spencer Reeves, marketing@spaceandtime.io
Contact
Sylvia Huang
media@bitget.com
London, UK, 23rd March, 2023, Chainwire
Mizar, a platform with more than 10,000 users that aims to bring advanced and automated trading to the blockchain, is proud to announce the launch of its native token, MZR, on Camelot DEX, a fully decentralized exchange (DEX) built on Arbitrum.
The emergence of Arbitrum and the launch of the $ARB token, along with its recent airdrop, have caused a buzz in the ecosystem, leading to a surge in popularity for DEXs like GMX. The Mizar team anticipates substantial growth in decentralized trading on Arbitrum over the next few years and is dedicated to being one of the first to provide automated trading tools for current and future Abitrum traders.
The scalability of Arbitrum, along with its faster transaction processing and lower fees, make it a top technology choice for users engaged in active trading and portfolio management. Mizar believes that these features make Arbitrum a perfect product for traders who prioritize efficiency, self-custody, and asset decentralization in their trading activities. As a result, the DeFi trading experience has been significantly enhanced, opening doors for on-chain automated and advanced trading.
Francesco Ciuci, CEO of Mizar, is thrilled to share his excitement about the next steps for Mizar. HeCiuci said, “Our goal is to transform the way individuals participate in DeFi trading. Despite the successful development of sophisticated DEXs like GMX, there still remains a considerable amount of manual effort involved for DeFi traders. Given that most trades in traditional and centralized finance are conducted using advanced artificial intelligence and automation, we must progress and introduce similar tools to DeFi.”
Referring to the recent launch of the MZR token on Camelot DEX, Ciuci added “For us, launching on Camelot DEX represents progress towards the Arbitrum ecosystem. It will grant us access to a native Arbitrum community that will aid us in developing suitable tools for their needs.”
Camelot DEX is a recent Arbitrum native project that is completely decentralized and driven by its community. Mizar is enthusiastic about Camelot DEX due to its innovative strategy for providing liquidity, which distinguishes Camelot DEX from other decentralized exchanges. Its community-driven approach makes it simple for anyone to provide liquidity and earn rewards, resulting in a significant advantage for new and established projects.
The launch of MZR on Camelot DEX, on Arbitrum, marks a significant milestone for Mizar, and the team is excited about the opportunities this presents for them. They are committed to pushing the boundaries of what is possible in the world of decentralized finance and are looking forward to what the future brings.
About Mizar
With over 10,000 active users and millions of volumes traded daily, Mizar is the go-to choice for those who demand the best when trading crypto. Say goodbye to FOMO and missed opportunities, and embrace hands-free trading on your favorite CEX and DEX with advanced bots and smart tools. Share your bots with others on the to-be-largest social trading platform in the crypto world and earn a passive income. And thanks to the MZR token, you can get access to all these features without paying any subscription fee.
Contact
Mizar Team
marketing@mizar.ai
Singapore, Singapore, 23rd March, 2023, Chainwire
ATPBot has launched an AI bot dubbed the ChatGPT of quantitative trading. Similar to ChatGPT’s ability to understand and process natural language, ATPBot provides investors with a scientific, standardized, and effective way to invest in quantitative trading.
By using data and algorithms to determine the optimum timing and pricing when executing trades, ATPBot reduces human error. In the process, it increases investment efficiency and stability, helping traders dispense with subjective judgment and experience-based decision-making.
ATPBot is a platform focused on quantitative trading development and services. It implements quantitative trading strategies for its users with the advantages of AI technology that provides efficient and stable solutions.
By analyzing market data in real-time and using natural language processing to extract valuable insights from news articles and other text-based data, ATPBot can quickly respond to changes in market conditions and make more profitable trades. Additionally, ATPBot uses deep learning algorithms to optimize its trading strategies continually, ensuring that they remain effective over time.
Just as ChatGPT is a powerful tool for generating human-like responses to text-based queries, ATPBot is a potent instrument for generating profitable trading strategies using AI and machine learning algorithms.
ATPBot is designed to provide a personalized trading strategy recommendation service based on quantitative artificial intelligence analysis. By leveraging the advantages of AI, ATPBot can help traders make more profitable trades and avoid the common pitfalls that lead to losses. In this way, ATPBot serves as an intelligent and reliable investment partner that can help users achieve their financial goals.
ATPBot features include
1. Cutting-edge algorithms that combine multiple factors to find profitable methods through complex data types.
2. Strategies are ready-made and do not require tuning. Traders can begin running a profitable strategy in one click.
3. Real-time market monitoring to capture signals and millisecond-level response for quick operations.
4. Ultra-low management fee: a one-time payment is all that’s required.
5. All transactions are processed by third-party exchange Binance. ATPBot has no access to user funds.
6. AI trades 24/7 automatically, allowing users to generate profits even when they are sleeping.
Investors can register today to open the door to AI quant trading and reap the profits of AI technology algorithms with ATPBot.
About ATPBot
ATPBot is a digital currency intelligent AI-quantitative trading bot platform, founded in 2021. ATPBot’s mission is to become a leader in the field of digital currency trading and provide efficient, intelligent, and reliable quantitative trading solutions to our clients. ATPBot’s team consists of AI algorithm and strategy modeling experts who provide collective intelligence and advanced machine learning models to drive growth and success for businesses. ATPBot seeks significant capital appreciation through a combination of quantitative methods and artificial intelligence (AI) strategies, and has developed an advanced AI algorithm model that has repeatedly outperformed the market. Moving forward, ATPBot will continue to drive technological innovation and industry leadership to provide our clients with more efficient, intelligent, and reliable quantitative trading bot solutions.
Contact
The “ChatGPT” of AI-Quantitative Trading: ATPBot Crypto Trading Bot
Joan Trina
ATPBot PTE. LTD.
business@atpbot.com
London, United Kingdom, 22nd March, 2023, Chainwire
Battle of Olympus, an arcade street fighting game, is set to launch the first phase of its presale for its in-game currency $GODLY on Arbitrum on Monday, March 27.
Battle of Olympus stands alone as one of the few Web3 games with a fully working demo, with an update due in Q2 2023, and an upcoming collection of in-game digital collectibles. Set in the cyberpunk city of Olympus, fight against other players and several Greek gods. Battle your way to the top of Olympus to conquer the metropolis! Play the demo here.
Battle of Olympus is the first flagship game developed by Revenant, a decentralized gaming ecosystem founded in 2022.
The earliest investors will benefit from getting the $GODLY token at its lowest price. The first stage of the presale is available for $0.0221, with the price increasing through four rounds.
Battle of Olympus to focus on gameplayPlease insert iframe here: https://www.youtube.com/embed/fFJXEf52goY?showinfo=0
With a team full of hardcore gamers, Battle of Olympus’ developers understand that long-term success requires engaging gameplay that keeps players hooked for hours on end. Therefore, Battle of Olympus provides gameplay unlike any other, based on roguelike and RPG elements.
Although players earn rewards as they progress, it will not come at the expense of their enjoyment or project sustainability. Battle of Olympus prioritizes gameplay rather than earning potential to provide an experience reminiscent of classic games, like Street Fighter, Tekken, Mortal Kombat, and many other classic fighting titles.
Battle of Olympus employs a rewards model to balance financial incentives and player enjoyment to attract and retain players, leading to a more sustainable in-game economy. Simply put, rewards are a bonus rather than the primary reason for playing.
Battle of Olympus will also have in-game items and fighters that are mintable as NFTs. Players can own their character, providing the option to trade or sell them on the Revenant Marketplace.
What is the $GODLY token?
$GODLY is the primary ERC-20 token within Battle of Olympus with several uses to benefit players and investors. It can be used to purchase various items, including loot boxes, consumable items, and boosters, but also for wagering in PVP matches.
Play the Battle of Olympus Demo
What makes Battle of Olympus stand apart from most Web3 games is its demo, released in 2022, where players can battle as either Zeus or Hades for bragging rights over Olympus.
Whereas many crypto games prioritize unsustainable tokenomics or overpromise without delivering, Battle of Olympus team puts game development to produce an enjoyable experience first. A new PVP demo will be released in Q2 2023 for you to test your fighting skills against friends in the cyberpunk metropolis.
Battle of Olympus Gameplay
Battle of Olympus includes two types of gameplay: PVE, where players and their faction will capture god territories during a season on the Olympus Map, and PVP, where players use their weapons and armor to battle against others.
Rewards
Players will earn several rewards while playing Battle of Olympus.
As players progress, they become eligible for weapon and armor drops to upgrade their character or trade on the Revenant Marketplace. Gamers will also receive tokens for their achievements, such as winning tournaments, seasons or climbing the leaderboards.
Battle of Olympus presale and tokenomics
Battle of Olympus will launch the first stage of its presale on March 27, with the $GODLY token on sale for $0.0221.
Through three presale rounds, $GODLY will increase to a launch price of $0.05.
$GODLY has a total supply of 100 million tokens, with 16% of these allocated to three presale rounds (OG Whitelist, Public Whitelist, Public Sale) and 4% to seed investors.
The $GODLY presale will include four rounds of investment before its public launch:
- Seed Round
- OG Whitelist – March 27
- Public Whitelist – March 29
- Public Sale – March 31
For an in-depth breakdown of the tokenomics, including fundings rounds, vesting periods, and more, click here.
How to buy $GODLY during the presale
$GODLY tokens will go on sale on March 27 on the dedicated presale platform.
For the first 2 rounds of the presale, players will need to be on the OG Whitelist or Public Whitelist. However, once those rounds have been completed, the final Public Sale round will be open to the public on Friday, March 31. Anybody will be able to buy $GODLY at a huge discount compared to its exchange price.
Keep an eye on the Battle of Olympus Twitter and Discord for a full step-by-step guide on how to buy $GODLY during the presale.
About Battle of Olympus
Battle of Olympus is an arcade street fighting game and the first flagship game developed by Revenant, a decentralized gaming ecosystem for gamers, game developers, and investors. Set in the cyberpunk city of Olympus, fight against other players as one of several Greek gods.
Join the community: Twitter | Discord | Telegram | Play the demo | Website | Whitepaper
Contact
CMO
Alejandro PC
Battle of Olympus
hello@revenant.gg
This month’s collapse of the Silicon Valley Bank was a stark reminder that traditional banking institutions are no more immune to financial tremors than their crypto counterparts.
When news came out that SVB held $3.3 Billion in USD for stablecoin operator Circle, causing stablecoin USDC to temporarily become de-pegged from the dollar and reach a low of $0.87.
Despite these events, Bitcoin made a massive rally to over $28,500 and exciting news broke of the Damex IEO, which launches on April 19th, 2023.
Damex is an established name in finance, providing digital asset services to 750 institutional clients over the past 5 years, and transacting $120 Million USD a month in business volume. But more impressively, Damex holds a Gibraltar DLT license, (1 of 14 in the world) and is fully regulated by the Gibraltar GFSC.
With the increasing regulation of fintech firms and digital asset companies collapsing, crypto projects are coming under increased scrutiny by regulators.
These and the latest tremors in the crypto space have pushed US, Europe, and Asian regulators to fast-tracking their efforts to bring the $1 trillion unregulated market under control. In Europe, companies will soon have to fall in line with the Markets in Crypto-Assets (MiCA) legislative framework which is estimated to come into effect in early 2024.
While crypto firms will scramble to comply with new regulations and laws, Damex already stands amongst a very select group of fintech firms that have passed the tough requirements set by GFSC, the Gibraltar Financial Services Commission.
Damex is a digital asset service provider and a smart fitness app rolled into one. Users can access all of its features through its mobile app which offers services for both individuals and businesses.
Individuals enjoy international remittances, deep liquidity crypto exchange, making and receiving payments through VISA-powered debit cards, and even an IBAN to wire funds to your Damex account. Damex will also be providing individuals with a non-custodial wallet for their assets, loans, stock trading, and even life insurance.
B2b workflows can take advantage of fiat to digital asset conversions, cross-border payment, and even discounts on their trading activities by staking $DAMEX tokens.
The DLT license holder has decided to hold an Initial Exchange Offering for its token, the DAMEX token. The token sale is planned for April 19th and will be open for crypto enthusiasts globally, in line with regulatory compliance.
Damex’s token launch comes at a time when the public is becoming extremely wary of the unregulated crypto space. The platform’s Gibraltar license is surely a safety net that they need, making the Damex IEO an opportunity that negates more risk than that of new projects or unregulated competitors. The Damex IEO will launch from the smart finance app and at least two launchpads. Follow the Damex official twitter account and other social media channels for the launchpad announcement.
Ho Chi Minh City, Vietnam, 22nd March, 2023, Chainwire
Since launching in 2021, Arbitrum has emerged as one of the most promising Layer 2 solutions, with its ability to scale Ethereum and enable faster and cheaper transactions.
On March 16, Ethereum Layer 2 scaling solution Arbitrum announced plans to distribute a new governance token, $ARB, to its eligible Arbitrum ecosystem users as part of its transition, noting that the project is “leading the way as the first L2 to launch self-executing governance.”
This airdrop, estimated to go live on 23 March, is set to be one of the biggest airdrop in crypto history.
KyberSwap was among the protocols whose users bridged to Arbitrum and conducted swaps on the platform, thereby becoming eligible for the $ARB Airdrop.
KyberSwap, a leading decentralized exchange (DEX) aggregator and liquidity platform, will launch the first-ever $ARB token liquidity pools, liquidity mining, and trading campaigns on the Arbitrum Chain. These moves mark significant steps forward for KyberSwap, as it will assist to catalyse significant liquidity inflows, thus increasing TVL and provide more earning opportunities in the rapidly growing Arbitrum ecosystem.
With the launch of the $ARB liquidity pools, KyberSwap users will now have access to more trading pairs and liquidity options. Liquidity providers will also have more opportunities to earn fees and rewards by adding liquidity to the $ARB pools and participating in liquidity mining programs by KyberSwap.
The following ARB pools will be eligible for liquidity mining rewards:
Token Pairs
- ARB-ETH (2%)
- Apr ARB-ETH (5%)
- ARB-USDT (2%)
- ARB-USDT (2%)
- ARB-KNC (5%)
An estimated total of 70,000 KNC has been allocated as reward incentives.
*Incentives may continue after the designation duration is over; to be confirmed at a later date.
Greater Flexibility with new Fee Tiers
With these highly anticipated yield farms, KyberSwap is introducing new 2% and 5% fee tiers, which exceeds their current highest offering of 1%. These new fee tiers provide opportunities for $ARB farmers to benefit from the anticipated high volatility and trading volume, during the price discovery phase after the airdrop. These pools offer superior returns in addition to the farming rewards, and as a liquidity protocol that has been seamlessly integrated by multiple DEXs and aggregators, KyberSwap is well poised to serve the trading needs of the entire chain not found with other competitors.
“We are excited to launch the first ever $ARB liquidity mining pools,” said Victor Tran, CEO and Co-founder of KyberSwap. “These farms will mark the beginning of an extensive Arbitrum-centered campaign KyberSwap has planned, and we will announce more rewards and activities soon for both LPs and traders. Additionally, traders can set their prices to purchase or sell $ARB with our limit order function and swap at the optimised rates with our aggregator.”
Other Arbitrum Yield Farms on KyberSwap
Apart from the upcoming ARB farms, there are other ongoing Arbitrum-based yield farms on kyberswap.com:https://www.youtube.com/embed/C5HLFBQpSSE?showinfo=0
Depending on the success of $ARB trading volume, the KyberSwap team is planning additional rewards post-launch for traders and liquidity providers which may include $ARB and $KNC airdrops, and commemorative NFT rewards.
According to Nansen, Arbitrum was one of the fastest-growing blockchain in 2022 with more than $1.1 billion locked in its ecosystem and a rapid increase in transactional volume, this layer-two scaling solution gained massive traction during the year.
*Arbitrum Active Addresses/Transactions
The $ARB token liquidity pools, liquidity mining, and trading campaigns are set to go live on KyberSwap soon, with further details and instructions to be provided on KyberSwap’s Twitter and on kyberswap.com.
About KyberSwap
Kyber Network is building a world to make DeFi accessible, safe and rewarding for users. Their flagship product, KyberSwap, is a next-gen DEX aggregator providing optimised rates for traders and returns for liquidity providers in DeFi.
For liquidity providers, KyberSwap has a suite of capital-efficient protocols designed to optimize rewards. KyberSwap Classic’s protocol is DeFi’s first market maker protocol that dynamically adjusts LP fees based on market conditions, while KyberSwap Elastic is a tick-based AMM with concentrated liquidity, customizable fee tiers, reinvestment curve and other advanced features specially designed to give LPs the flexibility and tools to take your earning strategy to the next level without compromising on security.
KyberSwap powers 100+ integrated projects and has facilitated over US$15 billion worth of transactions for thousands of users since its inception.
Currently deployed on 13 chains, including Ethereum, Polygon, BNB, Avalanche, Fantom, Cronos, Arbitrum, BitTorrent, Velas, Aurora, Oasis, Optimism and Solana, KyberSwap aggregates liquidity from over 80 DEXs to give users the best rates possible for their swaps.
Contact
Marketing Specialist
Tania Hay
KyberSwap
tania@kyber.network
London, United Kingdom, 22nd March, 2023, Chainwire
Metacade, fast becoming the most exciting GameFi project in 2023, has reached the final stage of its token presale after raising more than $500k in 24 hours, reaching a total raise of $12.4m.
This comes after a wave of positive news, which includes a showcase of UI designs, a detailed view of their staking pool and the announcement of the Metacade referral programme.
The presale is scheduled to end on the 30th of March 2023, after which the MCADE token will list on multiple exchanges, including Uniswap & BitMart.
Users can participate in the Metacade presale here.
Russell Bennett, CEO of Metacade, said of the positive news, “As we enter the final stage of the presale, it’s all hands-on-deck at Metacade. We’re proud to have achieved so much in so little time, and extremely grateful for the support of our loyal Metacaders and investors in the project. We’re now gearing up for the exchange listings and for our Q2 product launches.”
The last stage of the presale sees the price of the MCADE token rise to $0.020, the final price before the exchange listings, which will start after the presale ends on the 30th of March.
Metacade is one of blockchain’s first community-driven arcades and will offer a huge collection of play-to-earn (P2E) games that will see gamers rewarded for their performance with the native MCADE token.
The platform aims to become a central hub for Web3 users, as its additional earning mechanism is specially designed to serve a wide variety of blockchain enthusiasts.
One of the most exciting aspects of the plans laid out in Metacade’s whitepaper, is their pioneering Metagrants program. This will see Metacade investing in new gaming projects using the community treasury, funding the next generation of blockchain game developers.
The Metagrants initiative operates by letting developers submit funding applications to support the design and creation of the next GameFi titles. Submissions are pooled for assessment by the Metacade community, where MCADE holders can vote on their favorite submissions. The most popular ideas receive crypto investments to support game production – with the first Metagrant game scheduled to hit the platform in Q1 2024.
Metacade tokens are available for purchase up until sell out or the 30th of March, whichever is sooner. users can participate in the Metacade presale here.
About Metacade
Metacade is intended to be the premier destination for gaming in the metaverse. As Web3’s first community arcade that allows gamers to hang out, share gaming knowledge and play exclusive P2E games. The platform offers users multiple ways to generate income, build careers in Web3 and connect with the broader gaming community.
The project has the stamp of approval from CertiK, the leading blockchain auditor, which aims to reassure investors that the project specifications and code are reviewed and the Metacade team has passed KYC. This puts Metacade on the same level of confidence as other CertiK projects including Aave, Polygon and Chiliz.
Metacade’s one-stop shop potential as the next GameFi hub of choice for P2E gamers as well as a broad range of other use cases is evidenced in the enthusiasm around the project and the success of the presale. With the imminent launch of exchanges, there is huge potential here for continued upside- especially if the development continues at the current pace.
Contact
CEO
Russell Bennett
Metacade
pr@metacade.co
New York, New York, 21st March, 2023, Chainwire
Yesports announces the launch of its premier esports marketplace, opening with a Debut Trading Competition to kickstart the action with its global community. Joined by more than 40 web3 gaming partners and over a dozen esports organisations with a collective following of more than 30 million fans, Yesports sparks confidence and ignites change across the esports industry through the launch of its new marketplace.
The Yesports marketplace is a gateway for esports teams and web3 game partners to connect with their loyal community and global fans. Built on a non-custodial platform powered by web3, the new Yesports marketplace offers a point of difference and value for organisations and games to seamlessly launch, list, and promote their digital products. These range from in-game items and accessories to gaming collectibles, platform passes, and memberships.
Top tier web3 games have joined in partnership with Yesports for the debut launch including Pegaxy, Planet IX , ZedRun, Mystic Treasure, My Meta Farm, DexioProtocol, Planet Mojo, Fabwelt Studios, Shatterpoint, Decentral Games, Alaska Gold Rush, Skyweaver, Outlaws Brawl, Gunfire, Mighty Bear Games and MyMetaSoccer. From March 21st to May 21st, 2023, Yesports will be hosting a Trading Competition offering $8000 in prizes like NFT Packs from participating partners, USDC, and more.
Sebastian Quinn, CEO and Founder of Yesports, says: “Our launch of the first and largest cross industry collaborative marketplace on Polygon represents a major milestone for the gaming and web3 industry. It is also a significant step forward in providing fans with a seamless, secure and fun way to engage with their favorite esports teams.”
“Our team remains focused on driving industry change through cutting edge tech products that allow for easy and impactful product collaboration with leading partners across web2 gaming and esports and web3 gaming. As thought leaders, we spark conversations that drive change and explore opportunities that deliver impact and boost fun for all those who experience Yesports. We are gratified to see our platform changing the way fans engage with web3 games and beyond, and the marketplace serves as the first portal for esports and web3 gaming communities.”
Yesports harnesses the knowledge and expertise of thought leaders and founders from esports and web3 games through monthly Convergence 2023 events. Together with gaming partners in web3, Yesports paves the way forward, enabling the expansion of esports and evolving the fan experience into a brand new era.
About Yesports
Yesports is disrupting the traditional gaming world and democratising the industry in its mission to deliver complete, user-friendly experiences and bridge the gap between gaming, fans, and web3. Bringing entertainment and access closer to the user, Yesports is leading the way in creating a more inclusive gaming world leveraging new technology. Backed by leading VCs and built with world-leading technology, Yesports is focused on delivering the most valuable digital products for gamers everywhere.
For more information, view the links below
Yesports Media Contact | Email: media@yesports.gg | Website: www.yesports.gg
Contact
Head of BD
Matthew Peters
Yesports
matt@yesports.gg
Tallinn, Estonia, 21st March, 2023, Chainwire
Estonia-based crypto startup CryptoWallet.com has become one of the first crypto companies to receive a stamp of approval from Estonia’s Financial Intelligence Unit (FIU). CryptoWallet.com renewed its crypto license despite strict regulatory measures introduced last year to maintain compliance and transparency within the crypto space.
The Estonian license to provide a virtual currency service, which was granted to 55% of all virtual asset providers in 2021, has since become far more competitive. An estimated 90% of companies* may face losing their license and/or being forced to move to another jurisdiction. Despite these headwinds, CryptoWallet.com has succeeded where many others look destined to face difficulties.
The new requirements are designed to root out companies that are poorly managed in an effort to prevent financial crime and mitigate risk.
Regulators now require companies offering services like those of CryptoWallet.com to hold a minimum of €250,000 in capital reserves compared to just €12,000 under the previous requirements.
Other requirements for the license:
- Stringent KYC/AML checks
- Personal requirements for management board and personnel
- Viable product and business plan
- Proper risk management
- Local presence in Estonia
CryptoWallet.com’s COO, Aleksander Smirnin, summed up the company’s achievement. “This sought-after license once again awarded by the FIU is the culmination of years of hard work and dedication by the CryptoWallet.com team. We are fully compliant, have the required shared capital, and are launching products that will enhance our users’ lives. No other crypto card provider offers as many supported cryptos as CryptoWallet.com and we look forward to growing our ecosystem.”
CryptoWallet.com will provide users with a secure and seamless platform to buy, sell and spend crypto assets using a crypto card and SEPA compatibility. The crypto card, due to launch later this year, will support over 800 cryptocurrencies, over ten times more than other competitors.
Now that CryptoWallet.com is licensed, the company is legally allowed to facilitate the storage, purchase and sale of digital assets.
For more information on CryptoWallet.com or to apply for a crypto card please visit: https://cryptowallet.com
About CryptoWallet.com
Estonia-based crypto startup CryptoWallet.com is fully licensed and compliant in handling cryptocurrency operations in all jurisdictions where crypto is legal. CryptoWallet.com provides users with a secure and seamless platform to buy and sell crypto with debit/credit card and SEPA transfers.
The CryptoWallet.com crypto card, due to launch later this year, is slated to support over 800 cryptocurrencies, over ten times more than any competitor. Users can earn native SPEND tokens as cashback with every purchase and through the staking, referral, and partnership programs that are helping to build its community. A custodial wallet with over 100 supported cryptos is already live. CryptoWallet.com also lists tokens on its platforms and facilitates the buying and selling of crypto for businesses.
Applications for a crypto card is open through the Whitelist located on CryptoWallet.com
Contact
Pauline Shangett
partners@cryptowallet.app
Singapore, Singapore, 20th March, 2023, Chainwire
DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, has announced the debut of the Euro-backed stablecoin Euro Coin (EUROC) on its native blockchain. DeFiChain is one of the first blockchains to fully integrate a Euro-backed stablecoin.
On DeFiChain, the EUROC will have the same support as the USDC and USDT. It means Cake DeFi will act as a custodian and issue dEUROC, a dAsset representing the EUROC stablecoin on the DeFiChain DEX. Users will also be able to transfer it from Ethereum to DeFiChain and vice-versa via the Quantum Bridge. In the near future, DFX Swiss, a gateway between fiat and crypto, will also add an easy Euro to EUROC on-ramp for DeFiChain users.
Full rewards became available on Block #2,772,200 at ~10AM UTC on Monday, March 20th. The dEUROC-dUSD pair will get 5% of the dAsset block rewards while the dEUROC-DFI will get 0.74% of the crypto block rewards. The actual APRs could vary based on the block reward allocation dedicated to the new pools.
Andreas Osberghaus aka mrgrauel, a community member and the Creator of the DFIP to bring EUROC to DeFiChain, said, “Having a Euro stablecoin on DeFiChain has been a long-standing desire within the community, aiming to simplify the entry process for new users from the Eurozone. That’s why I decided to set up a DFIP (DeFiChain Improvement Proposal). Now, no one is forced to convert to US dollars or take on currency risk any longer.”
The special DeFiChain Improvement Proposal (DFIP) to bring EUROC to DeFiChain received an overwhelming response from the community, with 96.51% of the 1,862 votes in its favor.
The Euro Coin (EUROC) maintains a 1:1 ratio with the Euro, meaning for every Euro-backed stablecoin issued, the issuer Circle holds an equivalent amount of Euro in reserve. There has been a growing demand for the Euro-backed stablecoins in the crypto ecosystem. The dEUROC can either be held as an investment, traded on the DeFiChain DEX, or used for Liquidity Mining to earn attractive rewards.
The availability of EUROC will help bring more liquidity on the DeFiChain DEX. It will allow users to invest with Euro instead of USD, improving the user experience for most European users and accelerating adoption. Users will be able to use EUROC to easily move Euro liquidity on-chain, accept and make euro payments globally, and access crypto capital markets for trading, borrowing, lending and more.
DeFiChain is a fully decentralized blockchain with on-chain governance. Since its mainnet launch in May 2020, the project has seen an enthusiastic involvement from the community in almost all aspects of the blockchain, from masternodes, projects, tools, governance, economic ideas, to code governance. Its codebase has been developed in an open source manner, and widely peer-reviewed and discussed by many.
About DeFiChain
DeFiChain is a decentralized Proof-of-Stake blockchain created as a hard fork of the Bitcoin network to enable advanced DeFi applications. It is dedicated to enabling fast, intelligent, and transparent decentralized financial services. DeFiChain offers liquidity mining, staking, decentralized assets, and decentralized loans. The DeFiChain Foundation’s mission is to bring DeFi to the Bitcoin ecosystem.
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Contact
Benjamin Rauch
press@defichain-ac.com