Crypto Intelligence

Here’s Why SMEs Are Actively Adopting Bitcoin

As 2025 gets underway, small and medium-sized enterprises (SMEs) are discovering the power of Bitcoin (BTC) as a vital tool for growth and long-term security. As these businesses try to navigate a volatile economic landscape, many are recognising Bitcoin not

KyberSwap announces first ever $ARB token liquidity pools, liquidity mining and trading campaigns on Arbitrum

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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


Metacade Presale Hits Final Stage Before Listings, Raising Over $500k in under 24 hours

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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


Yesports Launches the Largest Esports Marketplace for Gaming Expansion into Web3 Alongside 40+ Partners

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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 , ZedRunMystic TreasureMy Meta FarmDexioProtocolPlanet MojoFabwelt Studios, ShatterpointDecentral GamesAlaska Gold RushSkyweaverOutlaws BrawlGunfireMighty 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


CryptoWallet.com Among Minority of Successful Companies to Renew Coveted Estonian License

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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


DeFiChain Becomes One of the First Blockchains to Fully Integrate Euro Coin, a Euro-backed Stablecoin

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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.

For more information, visitWebsite | Twitter | Discord | GitHub

Contact

Benjamin Rauch
press@defichain-ac.com


Wemade announces Partnership with Space and Time to Power Blockchain and Gaming Services

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Seoul, South Korea, 15th March, 2023, Chainwire


Wemade Co., Ltd (KOSDAQ:112040), one of the largest publicly-listed gaming companies in South Korea with a market capitalization of US$1.4 billion, has announced a strategic partnership with Space and Time (SxT), a leader in decentralized data warehousing. The partnership will allow Wemade to power its blockchain and gaming services with Space and Time’s decentralized suite of developer tools. 

Today, Wemade services more than 20 different play-to-earn (P2E) games across all genres, including MIR M and the world’s no. 1 blockchain game MIR4, on its global open blockchain gaming platform WEMIX PLAY. This is part of the mega-ecosystem that its blockchain developer subsidiary, WEMIX is building which encompasses its own mainnet, WEMIX 3.0; an extensive range of services like NFTs and DeFi; and WEMIX coin – the bridge that connects all of the components of the mega-ecosystem. WEMIX has also announced plans to launch an Ethereum layer-2 utilizing zero knowledge proof (ZKP) protocols that will improve scalability while still ensuring users’ privacy and security. Space and Time and Wemade are planning to closely collaborate in the future with next-generation decentralized infrastructure for more robust and scalable GameFi development. 

“We believe that blockchain is the future of gaming, offering gamers greater ownership and control over their digital assets,” said WEMIX CEO Shane Kim. “As the blockchain transformation of traditional games continues to grow, the partnership with Space and Time will help strengthen our blockchain infrastructure capabilities and contribute to our commitment to building an inter-game economy.”

Space and Time packages a full suite of developer tools in a single decentralized deployment. The platform provides developers with real-time, tamperproof indexed blockchain data, a hybrid transactional and analytic (HTAP) data warehouse, and a serverless API gateway for simplified building of fully decentralized applications and faster dApp time-to-market. 

Queries run in the Space and Time data warehouse are verifiably tamperproof. Space and Time’s novel cryptography, Proof of SQL, allows smart contracts to run tamperproof queries directly, opening up a wealth of powerful use cases built on blockchain technology and a fully decentralized stack.

Game developers building on Space and Time can join real-time blockchain data with off-chain game-generated data in a single query and connect the results back to smart contracts on-chain. Space and Time will enable Wemade to facilitate more complex earning schemes for its P2E games, run tamperproof analytics against game activity, and reduce on-chain storage costs by connecting a scalable decentralized data warehouse to the blockchain-based platform.

“We’re thrilled to partner with one of the biggest and most respected gaming companies in the world,” said Nate Holiday, CEO and Co-Founder of Space and Time. “Space and Time is committed to advancing the blockchain gaming industry with essential next-generation infrastructure and developer tools. This partnership is a huge step forward for the Web3 gaming industry. Together, Wemade and Space and Time are building a new blockchain gaming ecosystem to onboard the next wave of game developers.”

Wemade is known for its blockbuster title The Legend of Mir 2, which is one of the most successful RPG titles in the history of Chinese gaming. Within years of its 2002 launch in China, The Legend of Mir 2 dominated the Chinese gaming market with a 64% market share. 

In addition to its Web3 GameFi initiatives, the Wemade platform also supports DEXs, NFT marketplaces, and more on its L1 mainnet. Wemade remains committed to actively expanding its blockchain ecosystem beyond GameFi. By partnering with Space and Time, Wemade will provide more secure and decentralized services to developers building GameFi, DeFi, and other Web3 applications. 

About Wemade

Wemade is a pioneering game developer from Korea, with a focus that shifts towards metaverse and blockchain (NFT, DeFi) technology, emphasizing personalized gaming experiences. Wemade strives to transform everyday games with blockchain technology and establish its WEMIX coin as a key currency in the gaming industry. Wemade aims to become a mega-ecosystem by launching its own mainnet, WEMIX 3.0, introducing its own currency, $WEMIX, and offering a wide range of services and platforms that embrace DeFi and NFT, etc.

For more information, visit: https://www.wemade.com/ 

For media inquiries, please contact: Kevin Foo, Head of PR, kevin.foo@wemix.com 

About WEMIX

WEMIX Pte. Ltd aims to accelerate the mass adoption of blockchain technology by building an experience-based, platform-driven, and service-oriented mega-ecosystem to offer a wide spectrum of intuitive, convenient, and easy-to-use Web3 services. Headquartered in Singapore, WEMIX is a subsidiary of Wemade, the developer and owner of “The Legend of Mir” IP, a highly successful game series with over 500 million users.

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

Kevin Foo
kevin.foo@wemix.com


Bloxmith Launches Raiders Rumble, A Mobile Strategy Game for Both Web2 and Web3 Gamers, on the Flow Blockchain

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Taipei, Taiwan, 13th March, 2023, Chainwire


Bloxmith, the player-first Web3 gaming studio, today announced that the open beta for Raiders Rumble, its unique 1v1 squad battler game for mobile powered by the Flow blockchain, is now available for download on Google Play and Apple App Store

Raiders Rumble challenges players to apply fast-paced strategic decision making in countering the moves of their opponents. Built as a strategic esports game for the masses, it features a daily rotation of tournament modes where the top 50 percent of participants can win in-game items or RUMB tokens, Raiders Rumble’s project token. 

Furthermore, players do not need a crypto wallet or digital collectibles (NFTs) to start playing and enjoying the game. To maintain competitive integrity, digital collectibles in Raiders Rumble do not provide any in-battle advantage, though they have several other unique features that make them highly valued by collectors.

“For our first game, we wanted to pioneer a new type of competitive mobile strategy game that would help bridge the gap between traditional and Web3 gamers,” said Bloxmith Co-founder and CEO Wayne Lee. “We are delighted to be working on the Flow blockchain – it solves the scalability problem for games and digital collectibles. With frictionless onboarding, social logins and familiar payment methods, Flow is built from the ground up to make it easier for mainstream users and brands to transition from Web2 to Web3.”

As part of the launch and esports nature of the game, Raiders Rumble will host three Flow-sponsored bonus tournaments. Strategy gamers will have the opportunity to win FLOW tokens, with a total prize pool worth $USD 120,000 in FLOW up for grabs for the best strategy gamers around. These Flow-sponsored tournaments are scheduled to take place between March 23-31, with more details on the Raiders Rumble website here.

“Raiders Rumble is a compelling example of a mobile game that can simultaneously appeal to a mainstream audience while introducing them to the power of Web3 gaming powered by Flow,” said Chirag Narang, Head of Product at Flow. “The Bloxmith team’s innovative take on game design and player onboarding aligns strongly with Flow’s vision and goals for our ecosystem around gaming and onboarding mainstream users to Web3.”

About Bloxmith

Founded in December 2021 by a group of passionate gaming veterans from Riot Games, Blizzard Entertainment, Pumpkin VR and Facebook Gaming, Bloxmith’s mission is to create player-first games that are still fun even after 1000+ plays. Bloxmith’s investors include Infinity Ventures Crypto, Dapper Labs, Vayala, Moon Holdings, Bitoro, SEA Pixel, and Results.io.

For more information, visit: Website |  Twitter  |  LinkedIn  | Discord

About Flow

Flow is a decentralized layer one blockchain designed for onboarding mainstream consumers. Frictionless, secure and eco-friendly, Flow empowers developers to innovate and push the limits that will bring the next billion to Web3. Today, Flow is home to a thriving ecosystem of creators from top brands, development studios, venture-backed startups, crypto leaders, and more. For more information, visit www.flow.com

Contact

Deon Moh
hello@bloxmith.com


Massive Gaming launch the World’s First Stable Blockchain-Based Social Poker Game

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Seattle, Washington, 13th March, 2023, Chainwire


Massive Gaming, NEOWIZ’s overseas affiliate, will launch the global social casino hold’em game House of Poker in March 2023, following the successful opening of the Play and Earn social casino game House of Slots

House of Poker is an iTech Labs certified global social hold’em game providing users with a fair and realistic gaming experience through various hold’em tournament contents and live face chat. Through the Play and Earn system, users will be able to receive stored rewards in a decentralized way. This provides an opportunity for users of House of Poker to more fully own their value in the game. To this end, the IntellaX ecosystem developed by NEOWIZ in partnership with Polygon is already being serviced globally.

With the adoption of USDC as a stable coin global users can play various social casino hold’em games for free and earn blockchain Stable Token (USDC) with specific goods provided by the game. The adoption of this stablecoin helps future-proof the game in case there is a decline in the value of the game’s own token which has been the biggest issue in existing WEB3-based games released so far. As Play and Earn users contribute to the game and receive rewards we hope that users will enjoy the benefits of participating in future events.

In the meantime, the experimental combination of Play and Earn games based on blockchain technology, mainly for small and medium-sized game developers, has been active, but it has become an economic structure that does not provide stable and fair benefits to users as it benefits only developers due to token minting profits. However, House of Poker is the world’s first social casino hold’em game service based on blockchain technology that applies the Play and Earn structure that can fairly benefit users according to the contribution of stable USDC.

For more information, visit:
Discord Telegram | Twitter | Medium

About Massive Gaming

Massive Gaming is an affiliate of NEOWIZ, focused on the production and publication of Crypto-enabled games and services. Learn more at our Medium – https://medium.com/massivegaming 

Homepage: https://massivegaming.io/

Contacts

PR Manager
William Murphy
Massive Gaming
bill@massivegaming.io
Jake Kim
Massive Gaming
jake@massivegaming.io


MinePlex Calls on VTV to Issue Rebuttal Over False Allegations in Illegal Activities

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Singapore-registered cryptocurrency company MinePlex is refuting recent allegations of illegal activities in Vietnam. The company denies all claims made in a report by Vietnamese TV channel VTV, which accused MinePlex of illegal activities.

MinePlex clarifies that it is registered in Singapore as MINEPLEX PTE. LTD. Thus it operates as a legal entity in accordance with the Singapore law. Operating since 2020, MinePlex has brought to market working Blockchain-based products such as Explorer, Wallet, Payments, Finance, Marketplace and more. “Already 2.5 years ago, the MinePlex technology was recognized as unique in the world media.

The MinePlex blockchain is based on the work of two tokens. One mines the other. This is written in a mathematical algorithm and the company cannot interrupt this process in any way.”

The company also partners with a major Brazil-based bank when offering finance-related services, such as payment cards and accounts, and its services can’t be qualified as illegal.

MinePlex notes that VTV journalists took out of context the phrase of MinePlex CFO, Fyodor Bogorodsky, who was discussing the potential growth of the PLEX token to $1,500 in the future. Bogorodsky’s words were not a guarantee or promise and were taken out of the context. 

In addition, MinePlex’s products and employees were verified by the well-known international cybersecurity firm CertiK. The MinePlex team underwent a KYC check from CertiK in July 2022. All team members were verified, interviewed by independent experts of the company, and passed a financial audit.

MinePlex was recognized as a top blockchain project in 2021 by International Business Times, named Top Digital Finance Company 2021 by Seeking Alpha, and ranked first among top crypto projects of 2023 by Nasdaq.

MinePlex is disappointed that VTV did not verify and clarify the content before publishing subsequent articles that caused confusion, affecting the company’s reputation. The company is seeking a rebuttal from VTV to clear its name and restore its reputation.

MinePlex is committed to providing reliable and trustworthy services to its customers. The company is making every effort to contact the TV company to clarify the situation. However, the TV team does not respond to letters from the company and the company’s lawyer in Vietnam. MinePlex is confident in its legal bases and operating conditions and will continue to defend its reputation and honor.

MinePlex is a new generation digital ecosystem that creates advanced and modern payment solutions based on traditional financial, blockchain, and digital application technologies. The company has always been transparent about its operations and is committed to delivering high-quality services to its customers.

Binance Charity Donates $100,000 in Georgia to Empower Women through Web3 Education

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Tbilisi, Georgia, 8th March, 2023, Chainwire


In celebration of International Women’s Day,  Binance Charity,  the philanthropic arm of Binance, the world’s leading cryptocurrency and blockchain infrastructure provider, has announced a $100,000 donation to Georgia’s Innovation & Technology Agency (GITA) to support web3 education and training. As a result of the partnership, more than 100 women will be able to study professional courses in Web3 and get support to move into the job market. 

“We’re proud of our new partnership with GITA, which aims to diversify the Web3 industry by removing financial barriers to study and developing new courses. In celebration of International Women’s Day, we’re allocating 100 out of the 180 scholarships available for women. Georgia is very advanced in terms of adopting new technologies, and there’s already a strong pool of talented women who are interested in innovation, including Web3. We hope these scholarships will enable these women to pursue their passions and further strengthen Georgia as a hub for women in tech.” comments Helen Hai, Head of Binance Charity. 

This donation is the latest of Binance Charity’s efforts towards empowering women around the world through education and humanitarian projects. To date, Binance Charity has supported more than 51,000 women across 10 countries, donating over $3 million to women-only initiatives including 36,215 scholarships. In the five years since the non-profit organization was founded, it helped more than 2 million people, with a particular focus on addressing social issues that still disproportionately affect women such as inequality, access to education, and poverty.

Binance Charity donations have been directed to Web3 education programs to support women and other underrepresented and underserved groups to study vocationally as part of workshops as well as through higher education opportunities with top universities. Among these programs are:

  • The DLT Talent Programme with Frankfurt Blockchain Center, which is already underway, to support 400 female leaders in the Blockchain space;
  • Collaboration with  Women in Tech in Brazil, South Africa and Burundi providing funding to train 2,800 women in rural communities in Web3 basics, develop entrepreneurship skills, and support them into employment;
  • Partnership with Utiva to strengthen Africa as a hub for tech talent through supporting 1,000 individuals,  at least 50% women, to take professional blockchain and digital skills courses. 

These projects are part of the Binance Charity Scholar Program, enabling the next generation of Web3 leaders to develop their skills, knowledge and experience without financial barriers. Applications to study as part of this initiative have surpassed 80,000 worldwide since June last year. 

Binance Charity remains committed to supporting innovative solutions in using Web3 for social good with a focus on women, as well as investing in research to identify the most impactful ways to use this technology.

About Binance Charity

Binance Charity is a non-profit organization dedicated to unlocking Web3 as a powerful tool for social change. Its mission is to enable Web3 as a driver of social transformation by making its education and research accessible to all, and advancing global solutions for local humanitarian impact. Binance Charity uses its 100% transparent donation platform to build a future where technology is used as a force for good. To date, Binance Charity has supported over 2 million end beneficiaries through various projects. For more information, visit https://www.binance.charity/

About Binance

Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more.

Contact

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