chainwire

Deus Wallet Introduces Duress Mode: The Revolutionary Solution for Cryptocurrency Security

London, UK, December 19th, 2024, Chainwire

As cryptocurrency adoption expands, so do the associated risks, including physical threats targeting crypto holders. Traditional wallets often lack safeguards to address real-world coercion scenarios. Addressing this challenge, Deus Wallet introduces a new feature: Duress Mode.

This technology, integrated into Deus’s non-custodial framework, provides an added layer of security to help safeguard cryptocurrency assets and user safety in high-risk situations.

The Issue: Crypto Security Is More Than Digital

While digital security has advanced with multi-signature wallets, biometric authentication, and hardware devices, physical security remains overlooked. Criminals have adapted their tactics, targeting crypto holders.

Considering Real-Life Examples:

2022, London: Criminals broke into a businessman’s home and extorted $1.1 million in Bitcoin at gunpoint.

2023, New York: A crypto trader was kidnapped and forced to transfer $400,000 while held captive.

2021, Bangkok: A prominent investor managing millions in crypto was ambushed by an international gang and coerced into transferring $2.7 million.

In each case, victims lacked the tools to mitigate risks under pressure. Standard wallets provide no “last line of defense” for these real-world threats.

Deus Wallet: Next-Level Protection

Deus Wallet tackles this vulnerability with its non-custodial structure and Duress Mode. This approach allows users to retain full control over their assets while incorporating an additional security measure designed to address specific risks.

Non-Custodial Goal

With Deus, private keys are stored exclusively by the user, not on any centralized server. This eliminates third-party risks such as hacking, insider theft, or regulatory overreach. In an era where centralization poses increasing threats, non-custodial wallets offer unparalleled independence and security.

Duress Mode was developed with one goal: to protect users in life-threatening situations.

The way it works:

Duress PIN Configuration: Setting a secondary PIN during wallet setup.

Under Coercion: Entering the Duress PIN instead of the regular one.

Seamless Decoy: The wallet opens a “fake” account with minimal or no funds, while users’ actual assets remain hidden.

This feature ensures that attackers see what appears to be the entire wallet balance, without ever suspecting the existence of hidden funds.

Deus Wallet is part of a growing movement to rethink cryptocurrency security. As the crypto ecosystem matures, protecting users in both digital and physical spaces is becoming more important.

The Bigger Picture:

Rising Crypto Adoption: As cryptocurrencies enter mainstream finance, the average user profile shifts from tech-savvy enthusiasts to general consumers, many of whom lack advanced security awareness.

Criminal Adaptability: Criminals exploit the pseudonymity of blockchain transactions, knowing that once assets are transferred, they’re nearly impossible to recover.

The Security Gap: While solutions like hardware wallets protect against cyber threats, tools like Duress Mode address the issue of physical security.

Deus Wallet is at the forefront of this shift, setting a new standard for protecting users and their assets.

Key Features of Deus Wallet

Non-Custodial Architecture: Full control of private keys ensures users’ funds are always theirs.

Duress Mode: A revolutionary feature to safeguard assets under physical coercion.

User-Friendly Design: Intuitive interface suitable for beginners and experts alike.

Advanced Encryption: Multi-layered security protects against cyberattacks.

Customizable Settings: Users can define access parameters and Duress Mode triggers according to their preferences.

Cross-Platform Compatibility: Available on iOS, Android.

In today’s world, digital and physical security go hand-in-hand. Deus Wallet provides a comprehensive solution, ensuring that users’ assets and personal safety are never compromised.

About Deus Wallet

Deus Wallet offers a comprehensive platform for storing and managing cryptocurrencies and NFTs, featuring tools to track account activity and streamline asset management. By integrating multiple functionalities, Deus Wallet eliminates the need to navigate several decentralized platforms.

With a focus on user-friendly design, Deus Wallet balances simplicity and functionality, making it a practical choice for those seeking efficient and accessible solutions.

Trusted by users in over 166 countries, Deus Wallet serves a broad audience, including individuals and enterprises, across five continents.

Deus Wallet is designed to support both new and experienced users, providing tools for secure asset management and streamlined engagement with decentralized finance.

Users can visit https://deuswallet.com to learn more about how Deus Wallet is reshaping crypto security for the modern age.

Contact

Pavel Derkach
DEUS WALLET APS LTD
support@deuswallet.com

Pepeto Project Launches Utility-Driven Solutions for Memecoins

SAN FRANCISCO, United States, December 18th, 2024, Chainwire

Pepeto: The God of Frogs with Utility and a Vision

Unlike other memecoins’ trading-centric approach, Pepeto offers a comprehensive utility-driven ecosystem. Pepeto, known as the God of Frogs, aims to adopt all future memecoins and elevate the sector through its zero-fee cross-chain exchange and bridge technology.

Pepeto’s Ecosystem Highlights:

  • Zero-Fee Exchange: A listing platform for emerging and established memecoins, ensuring cost-free trading for token owners and investors.
  • Cross-Chain Bridge: Seamless token swaps between blockchains, improving liquidity, accessibility, and collaboration across the entire crypto market.
  • Staking Rewards: Investors can earn additional rewards by staking $PEPETO, incentivizing long-term holding.

At just $0.000000098, Pepeto offers an entry point that remains lower than many competing memecoins, including WEPE. With its narrative tied to the six legendary documents (P-E-P-E-T-O), Pepeto has gathered a community that’s driving its presale. Users can check PEPETO story via Pepeto’s official social media. 

Roadmap: Track Record and Major Milestones Ahead

Pepeto has already completed its Q4 2024 roadmap and begun executing Q1 2025 milestones, including its website upgrade to prepare for the launch of PepetoSwap’s beta version.

https://x.com/Pepetocoin/status/1864282909319848198

Two major announcements are rumored to include a beta utility launch and potential exchange listings.

Community and Hype

According to the team, Pepeto’s narrative-driven story and utility have attracted community engagement. Across social media platforms, interested users have joined the Pepeto Army.

PEPETO has gathered more than 25,000 followers on its X (Twitter), Instagram, YouTube channel, Telegram and Tiktok channels. (Official socials can be found below)

Pepeto’s presale has raised over $2.5 million in a short period.

Pepeto’s Emergence

Pepeto ($PEPETO) is emerging within the memecoin ecosystem, drawing inspiration from the success of the Pepe family.

https://www.youtube.com/watch?v=lKZl_T51MVY

Currently priced at $0.000000098 and sharing the same total supply as Pepe (420T), Pepeto can offer an entry point for investors. Its unique value proposition lies in its advanced swap, exchange, and bridge technologies, built on the Ethereum blockchain. This innovative infrastructure sets Pepeto apart by delivering seamless cross-chain functionality and zero-fee trading.

ABOUT PEPETO :

Pepeto is a memecoin project built to enhance cross-chain functionality while fostering community engagement. With features such as zero-fee trading, blockchain bridge integration, and a staking rewards program, Pepeto combines practical utility with accessibility. By prioritizing interoperability and long-term value, the project aims to establish a strong foundation for growth and innovation within the evolving memecoin landscape.

Official website : https://pepeto.io/.

Social Media:

Contact

head of mk
Baker Uccio
contact@pepeto.io

Sophon Mainnet Goes Live with $500M TVL and Strategic Industry Collaborations

Dubai, India, December 18th, 2024, Chainwire

Sophon has launched its mainnet, introducing the first-ever Validium on ZKsync powered by Avail DA. With over $500M in Total Value Locked (TVL) through the Sophon farming program, and a growing ecosystem of established partners, Sophon is paving the way for scalable, consumer-focused blockchain applications.

The launch comes with significant community support: over 120,000 node licenses purchased by more than 5,800 unique participants are now open for claiming. The SOPH token deploys today in a non-transferable state, with all transactions free for users during this initial phase. Node holders will begin getting rewards from January 1st, with full token transferability and trading expected in Q1 2025.

Launch Partners Driving Adoption

Sophon’s consumer-first approach focuses on delivering user experiences that encourage mainstream crypto engagement. Debuting with industry leaders selected for their ability to bring blockchain benefits to everyday users:

  • Mirai Labs: Leading mobile gaming studio with 27M+ onboarded wallets to date.
  • OPEN Ticketing: Already powering 7M+ tickets across 24,000 events globally.
  • Aethir: Delivering next-generation distributed computing solutions.
  • Rivalry: The publicly listed betting company bringing community ownership to the billion-dollar betting industry.
  • Anomaly: AI-Powered agent orchestration across Reddit, Telegram, and Discord.
  • NooN, Brutal Knights, Gamp, and more.

Pioneering Consumer-First Crypto

Sophon understands that mainstream users prioritize experiences and value over the underlying blockchain technology. By focusing on entertainment applications that naturally benefit from blockchain’s capabilities, Sophon is creating an ecosystem where the technology enhances rather than complicates the user experience.

This vision is reinforced through strategic collaborations with industry pioneers, like Beam, which is launching the first gaming-focused fund and accelerator in Abu Dhabi with a target size of $150M. Sophon is a strategic partner in this accelerator, supporting the advancement of blockchain-based gaming. Additionally, Sophon has seeded the $40M Tactical Compute initiative, targeting projects building at the intersection of crypto and AI. These partnerships ensure Sophon is not just building infrastructure – it’s contributing to the growth of the entire ecosystem.

History in the making

Sophon’s mainnet launch is the first-ever Validium on ZKsync to leverage an external data availability layer powered by Avail, bringing unmatched scalability, security, and savings. By using Avail’s modular application development stack to create its own Light Nodes, Sophon ensures high performance, maintaining full decentralization and data availability, working to set a new standard for modular blockchain designs.  

“Sophon embraces the full potential of the Avail Network, illustrating how blockchains can maintain provable decentralization even in high-volume use cases like entertainment” states Anurag Arjun, Co-founder of Avail.

ZKsync is a protocol to deploy L2 blockchains designed to scale Ethereum while maintaining data privacy through a Validium implementation utilizing Avail DA. The zero-knowledge protocol is leveraged to effectively scale the network while also enhancing interoperability

.Alex Gluchowski, co-inventor of ZKsync, commented, “Sophon’s mainnet launch on ZKsync marks a pivotal moment in the evolution of blockchain technology. As a ZKsync Validium leveraging Avail, Sophon is poised to transform the industry by offering enhanced scalability, security, and cost-efficiency. With a strong focus on user experience and a growing ecosystem of innovative partners, Sophon is well-positioned to unlock the full potential of blockchain for consumers around the world.”

This modular architecture establishes a new benchmark in blockchain design, making Sophon well-suited for high-throughput applications aiming for mainstream adoption.

“The internet didn’t need to explain how it worked to change the world. Crypto shouldn’t either.” said Sebastien, Co-Founder & CEO of Sophon. “Sophon is building the destination where digital culture, entertainment, and value seamlessly flow together – making crypto a natural part of everyday lifestyle applications. Today is day 0 of that journey.”

About Sophon

Sophon is the ultimate platform for next-gen entertainment applications, spanning everything from gaming to AI-powered experiences. It’s primed to be the go-to destination for entrepreneurs and major players in the entertainment industry looking to build their products onchain, offering users novel ways to earn, engage, and enjoy themselves.

To learn more about Sophon, users can visit sophon.xyz

Media Contact: Oskari Tempakka (oskari@sophon.xyz)

About Avail

The Avail Network is a modular application development stack designed to establish blockchains as the verification system for the Internet. By addressing key challenges in rollup scalability, interoperability, and usability, Avail provides a foundational Data Availability (DA) layer built on the same technology planned for Ethereum’s danksharding roadmap, including KZG Commitments and Data Availability Sampling (DAS). Avail is led by Polygon’s former co-founder Anurag Arjun and research lead Prabal Banerjee. Start your Avail journey today at availproject.org.

To learn more about Avail, users can visit availproject.org

Media Contact: Luke Richardson (luke@clpr.agency)

About ZKsync

ZKsync is the pioneering zero-knowledge technology powering the next generation of builders with limitless scale. Secured by math and designed for native interoperability, ZKsync enables the elastic network, an ever-expanding ecosystem of customizable chains. Deeply rooted in its mission to advance personal freedom for all, the ZKsync technology makes digital self-ownership universally available. 

To learn more about ZKsync, users can visit http://www.zksync.io

Contact

Annu Shekhawat
Avail
annu@availproject.org

dTRINITY Launches Subsidized Stablecoin Lending Protocol on Fraxtal L2

Singapore, Singapore, December 18th, 2024, Chainwire

dTRINITY, a next-generation stablecoin liquidity protocol, has announced its mainnet debut on the Fraxtal L2 network. The platform is designed to lower interest expenses and improve yields for stablecoin users, addressing the key challenge of rising credit costs in DeFi.

At the core of dTRINITY is a protocol-native stablecoin (dUSD), which serves as the unified liquidity layer between its money markets (dLEND, an Aave v3 fork) and external liquidity pools (e.g., Curve). dUSD is backed 1:1 by an on-chain collateral reserve consisting of stablecoins such as USDC, FRAX, and DAI, as well as yieldcoins like sFRAX and sDAI. Exogenous yields from the reserve are redirected to fund ongoing interest rebates for dUSD borrowers on dLEND, based on their outstanding debts, which reduces the effective borrowing cost. This mechanism not only stimulates borrowing demand but also drives more sustainable utilization and yields for dUSD lenders.

dTRINITY is launching on Fraxtal as its genesis network in a strategic collaboration with Frax to optimize ecosystem liquidity and user incentives. Fraxtal is an EVM-equivalent rollup with a scalable smart contract platform and efficient execution environment powered by the OP stack. Users can take advantage of Fraxtal’s fast transaction speed, low gas fees, robust network security, and unique blockspace rewards, further enhancing their benefits.

In the near future, dTRINITY plans to expand to Ethereum and other emerging blockchains, strengthening cross-chain liquidity and interoperability with Fraxtal as the network scales.

Key Features of dTRINITY:

  • Subsidized Interest Rate Model: dTRINITY’s innovative subsidized interest rate model lowers the equilibrium of stablecoin borrowing costs on dLEND vs. other protocols without impacting lending yields. In fact, rebates at low utilization levels could even result in negative interest rates for dUSD borrowers (i.e., borrowers could get paid to borrow).
  • Liquidity Incentives: dUSD lenders and liquidity providers benefit from a combination of protocol rewards and external incentives from strategic partners (in both points and tokens) for supplying and bolstering liquidity in the ecosystem.
  • Security & Risk Management: dTRINITY has successfully completed smart contract audits with three leading blockchain security firms: Halborn, Verichains, and Cyberscope. Additionally, the protocol disables rehypothecation of supplied collateral by default to minimize risk exposure. dUSD is the only borrowable asset on dLEND and it cannot be borrowed against itself.
  • Strategic Partnerships: In addition to Frax, dTRINITY also plans to collaborate symbiotically with other major DeFi protocols. First, dUSD can be expanded to other lending platforms (e.g., Fraxlend, Morpho), providing their users with similar subsidy benefits. Secondly, dUSD can serve as a cheaper medium of leverage for loopers using other stablecoins/yieldcoins (e.g., Ethena, crvUSD), increasing demand for both projects. Furthermore, the dUSD reserve’s composition will be diversified over time, opening up potential partnership opportunities with more stablecoin/yieldcoin projects.

dTRINITY’s core contributors include the co-founders of Stably. The project has been in development since Q2 2024 and secured 1st place at both the ETHVietnam and Fraxtal Hackathons earlier this year. Strategically, dTRINITY is advised by the co-founders of Frax, Convex, Sky (formerly MakerDAO), Coin98, and Promontory Partners, bringing a wealth of expertise from leading stablecoin and DeFi pioneers to the protocol’s development.

For more information, users can visit dtrinity.org and follow @dTRINITY_DeFi on X.

Disclaimer: dTRINITY is not available to residents of Belarus, Canada, Cuba, Haiti, Iran, Myanmar, North Korea, Russia (including Crimea), Somalia, South Sudan, Syria, the USA, the UK, Venezuela, and other prohibited jurisdictions. The information contained herein should not be considered legal, business, financial, or tax advice. Past performance is not indicative of future results. Digital assets and DeFi protocols carry significant risks, including the potential for loss of funds. Users should conduct their own research and seek professional advice before interacting with digital assets and DeFi protocols.

About dTRINITY

dTRINITY is the world’s first subsidized lending protocol, designed to reduce borrowing costs and enhance yields for stablecoin users in DeFi. The protocol is powered by dUSD, a decentralized stablecoin backed 1:1 by an on-chain yieldcoin reserve. Exogenous yields from the reserve are used to fund ongoing interest rebates for dUSD borrowers, lowering their effective borrowing rates. dTRINITY is now live on the Fraxtal L2, and it will be expanded to Ethereum plus other networks in the future.

Contact

Core Contributor
Kory Hoang
Trinity Foundation Ltd
hello@dtrinity.org

Sonic Labs Launches the Sonic Mainnet: EVM-Compatible, Verifiable 10,000 TPS, and Sub-Second Finality

George Town, Cayman Islands, December 13th, 2024, Chainwire

Sonic Labs today announced the launch of the Sonic mainnet, an EVM-compatible layer-1 blockchain platform that offers developers attractive incentives and powerful infrastructure.

With 10,000 transactions per second (TPS), sub-second finality, and a native, decentralized gateway to Ethereum, Sonic empowers developers to build the next generation of applications on unparalleled infrastructure and liquidity.

Developed by the same team behind Fantom, Sonic and its S token deliver a significant leap forward from both Fantom and FTM. Through a one-to-one upgrade process from FTM to S, existing FTM holders can seamlessly start using Sonic.

Sonic leverages proven expertise to establish itself as a DeFi hub by revolutionizing developer incentives while providing users with smooth user experiences and access to vast amounts of liquidity.

Fee Monetization: Developers Come First

Fee Monetization (FeeM) on Sonic rewards developers with up to 90% of the network fees generated by their applications, adopting the Web2 ad-revenue strategies popularized by platforms like YouTube. While many blockchains offer limited developer incentives and primarily focus on value extraction, Sonic addresses this issue effectively through its FeeM model.

“Recently, we’ve seen many new chains launch, especially centralized layer 2s where the founders pocket all network fees. This excludes developers from the equation, forcing them to impose extra fees on users to earn revenue. FeeM addresses this by coding developer rewards directly into the chain, ensuring that network fees are shared with developers from the start.”— Sam Harcourt, Business Development Lead, Sonic Labs

Developers on the Sonic chain receive a share of network fees generated by the traffic and engagement their applications attract, offering a built-in mechanism for ongoing revenue.

Fantom to Sonic: Upgrading FTM to S

Fantom and its FTM token are officially transitioning to Sonic and the S token. Sonic Labs is facilitating the transition by offering a dedicated upgrade portal on MySonic that allows FTM holders to seamlessly upgrade their FTM to S on a one-to-one basis.

“We are proud to launch the new Sonic chain as the next evolution of Fantom, building on its impressive track record of nearly 100% uptime since 2019. Sonic is a revolutionary platform that prioritizes developers, empowering them to create applications with seamless user experiences while earning a share of network fees.”— Michael Kong, CEO, Sonic Labs

During the initial 90 days after Sonic’s mainnet launch, holders can freely swap between FTM and S using the upgrade portal. After this period, holders will only be able to upgrade from FTM to S.

Sonic Gateway: Secure, Decentralized Interoperability

With the rise of cross-chain activity, secure and trustless bridges are more crucial than ever. Traditional layer-1 and layer-2 bridging solutions often rely on centralized systems, risking billions in potential losses.

The Sonic Gateway addresses these challenges as a decentralized and trustless bridge between Ethereum and Sonic, offering:

  • Security: A fail-safe ensures user funds can be recovered on Ethereum if the Gateway is down for 14 days, guaranteeing asset protection.
  • Speed: Asset transfers are batched efficiently (every 10 minutes from Ethereum to Sonic and hourly in reverse). The Fast Lane feature lets users pay a small fee to bridge instantly.
  • Decentralization: Operated by Sonic’s validators on both chains, the Gateway is as decentralized as Sonic itself, preventing centralized manipulation.

“To empower users with effective and trustless control of their assets, we developed the Sonic Gateway, which provides liquidity from other platforms. Powered by our own validators and secured by a fail-safe, the Gateway lets users and apps safely leverage the benefits and incentives of bringing new liquidity to Sonic.” — Bernhard Scholz, Chief Research Officer, Sonic Labs

Sonic Labs will expand the Gateway beyond Ethereum in the future, enabling direct, decentralized access to multiple blockchains’ native assets.

Sonic Airdrop: Distributing the S Token

To encourage network growth, Sonic Labs is distributing 190.5 million S tokens through an airdrop program focusing on both users and developers. The program includes two incentive structures:

  • Sonic Points: Rewards end-users for early adoption, asset holding, and overall engagement.
  • Sonic Gems: Rewards developers for creating applications that drive user activity and innovation. Developers can convert Gems to S and share the tokens with their users to incentivize continuous usage.

About Sonic

Sonic is an EVM layer-1 platform that offers developers attractive incentives and powerful infrastructure. The chain provides over 10,000 TPS, sub-second confirmation times, and a secure gateway to Ethereum for enhanced liquidity and asset security.

For more information, users can visit Sonic’s official website and follow Sonic’s Twitter.

Contact

Sonic Labs
press@soniclabs.com

NFTMozaic Secures Web3 Foundation Grant to Unite and Elevate Polkadot’s NFT Ecosystem

Singapore, Singapore, December 18th, 2024, Chainwire

NFTMozaic, the newest project to hit the Polkadot ecosystem, has been awarded a Decentralized Futures Grant by the Web3 Foundation to establish Polkadot as the leading ecosystem for NFT-related projects and initiatives.

What is NFTMozaic?

NFTMozaic aims to redefine the NFT landscape by aligning and defining one common vision of success for NFTs in the Polkadot ecosystem. With the support of a Decentralized Futures grant, NFTMozaic will play a pivotal role in driving NFT growth and adoption across the Polkadot network, ultimately becoming the go-to Polkadot NFT alliance hub for projects. 

NFTMozaic will focus on four strategic pillars: Governance, Technical Development, Business Development, and Marketing initiatives.

Unique Network, the first NFT parachain on Polkadot since 2021, is the core initiator of NFTMozaic, aiming to expand opportunities, drive NFT innovation, and work towards a path to decentralization. 

Since its initial inception, Unique Network’s Co-Founder Alexandar Mitrovich introduced NFTMozaic (previously known as the NFT Collective) in November 2023 – with the goal of “creating the common front to represent Polkadot NFT interests and improve the traction for everyone”. 

By leveraging the superior technology of Polkadot and Substrate, Unique Network has been able to achieve the fastest NFT mint of 100,000 NFTs in under 19 minutes. In addition, the team launched a test developer environment for developers and parachains to test NFT transfers via NFT XCM (Cross-Chain NFTs). 

NFTMozaic will work alongside projects and parachains within the ecosystem to drive the success of NFTs on Polkadot — collaborating with key Polkadot Builders and Developers, Web3 Foundation, Parity, OpenGov experts, and community agents.

In the coming weeks, NFTMozaic will have one-to-one talks and discussions with NFT projects to further align with their goals, current strengths, and challenges. 

Vision for 2025

As NFTMozaic gains momentum, its goals for 2025 include creating a unified technical toolset for NFT developers, increasing the number of NFT-focused dApps and user engagement within the ecosystem, and curating a clear marketing narrative for Polkadot NFTs.  

Alexander Mitrovich, co-founder at Unique Network, says: We’ve been heavily focused on creating a stronger message and a unified NFT front on Polkadot for over a year, and we’re excited to now introduce NFTMozaic as the go-to alliance hub for everyone in the Polkadot ecosystem. Driven by NFT experts and created for you.

About NFTMozaic

NFTMozaic plans to build a comprehensive framework to improve the experience for developers, projects, and users in the Polkadot NFT space – serving as a single point of contact for new projects looking to integrate NFTs into the ecosystem. 

Users can follow NFT Mozaic on X (Twitter) at nftmozaic, visit the website at nftmozaic.com, or get involved by filling out this form.

Contact

Chief Marketing Officer
Charu Sethi
Unique Network
cs@unique.network

Bybit Introduces Private Wealth Management Service for High-Net-Worth Clients

Dubai, United Arab Emirates, December 18th, 2024, Chainwire

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce the launch of its Private Wealth Management (PWM) service, tailored to meet the unique needs of high-net-worth individuals and institutional clients. This customized offering reflects Bybit’s commitment to delivering premium financial solutions that empower clients in an increasingly sophisticated market environment with the surging importance of digital assets. 

As global markets become more complex, there is a growing demand for premium wealth management services, particularly in areas such as risk management and asset allocation. Additionally, digital assets have emerged as one of the key asset classes for high-net-worth individuals and institutional investors, offering unprecedented opportunities for growth and diversification. Bybit’s PWM service is designed to address these needs with precision and innovation:

  • Tailored Portfolio Management: Customized investment strategies aligned with individual financial objectives.
  • Exclusive Investment Opportunities: Access to premium, high-return assets designed specifically for high-net-worth clients.
  • Bespoke Asset Allocation Strategies: Solutions to optimize returns while mitigating risks.
  • Uncompromising Asset Security: Industry-leading measures, including third-party custody, ensuring 100% security of digital assets.
  • Leading Market Insights: Timely updates on emerging trends in the crypto market, enabling clients to stay ahead of the curve.

“At Bybit, we understand that every client’s financial journey is unique. Through our new Private Wealth Management service, we aim to provide customized, innovative solutions that not only help them grow their digital assets but also provide professional services in risk management and asset allocation,” said Jerry Li, Head of Financial Products & Wealth Management at Bybit.

With the growing significance of digital assets in diversified portfolios, Bybit’s PWM service offers high-net-worth clients a secure, seamless gateway to exclusive opportunities in this dynamic space. This new service reflects Bybit’s steadfast commitment to being a trusted partner in the cryptocurrency and digital asset markets, helping clients achieve their financial goals with confidence and clarity.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press 

For media inquiries, please contact: media@bybit.com

For more information, please visit: https://www.bybit.com

For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Contact

Head of PR
Tony Au
Bybit
tony.au@bybit.com

Moai Finance Secures XRPL Grant, Launches Enhanced Cross-chain DEX Aggregator

Singapore, Singapore, December 18th, 2024, Chainwire

Moai Finance, a leading decentralized exchange platform on XRP Ledger, today announced the launch of version 2.0 of its cross-chain DEX aggregator. This new release introduces enhanced functionality and improved cross-chain capabilities, with upcoming support for EVM sidechain integration.

In a notable development, Moai Finance has been selected as one of seven protocols worldwide to receive funding through Ripple’s XRPL Global Grants. This recognition highlights Moai Finance’s innovative contributions to the XRPL ecosystem and positions the platform at the forefront of multi-chain interoperability among XRPL related chains.

The platform recently showcased its commitment to the ecosystem by hosting XPAND 2024, an official side event at the XRP Ledger Apex conference in participation of 10+ projects and 500+ attendees.

Looking ahead, Moai Finance is preparing to integrate with XRPL EVM Sidechain and plans to strengthen its network participation by becoming one of the POA validators. This strategic expansion will enable users to access broader liquidity pools and trading opportunities across multiple blockchain networks.

About Moai Finance

Moai Finance launched in September 2023 as an innovative multi-chain DEX and cross-chain DEX aggregator, strategically positioned within the XRPL ecosystem to harness untapped liquidity across various side-chains. Backed by Ripple’s XRPL Grant, Hashed, and Born Ready Ventures, Moai Finance aims to unlock cross-chain liquidity and enable seamless trading across blockchain networks.

Contact

Jeff Moai
Moai Finance
support@moai-finance.xyz

MINGO, Hedera Based Wallet, Sets Sights on the Global Ticketing Industry

Kingstown, St. Vincent and the Grenadines, December 17th, 2024, Chainwire

MINGO, a digital wallet built on the Hedera Hashgraph network, introduces an NFT-based Programmable Digital Ticketing (PDT) system to innovate the ticketing industry. By addressing critical issues such as fraud, scalping, and resale inefficiencies, MINGO delivers a secure and transparent solution trusted by leading names in sports and entertainment.

MINGO’s native token $MINGO is set to go live on Coinstore on Wednesday, December 18th, and more exchanges including BitMart by the end of the year, marking another milestone in MINGO’s mission to drive Web3 adoption.

Trusted by Industry Leaders

  • World Boxing Council (WBC)
  • Fight Circus
  • NUCA MMA
  • Comic-Con Ireland
  • Tyson Fury
  • Goldstar Promotions
  • Hedera
  • World Boxing Muay Thai – (WBC Muay Thai )
  • Yucateco Boxing League

These collaborations highlight MINGO’s scalability for large-scale events while enhancing the experience for both organizers and fans.

Key Features of MINGO Tickets

For Event Organizers:

  • Fraud Prevention: Hedera Hashgraph ensures each ticket is tamper-proof, effectively eliminating counterfeits and scams.
  • Anti-Scalping Measures: Price caps on resales ensure fair access for fans.
  • Additional Revenue: Secondary sales generate commissions for event organizers.
  • Seamless Delivery: Tickets are securely delivered and managed in the MINGO Wallet.

For Attendees :

  • Exclusive Perks: NFT tickets can include VIP upgrades, gifts from organizers, and meet-and-greets.
  • Collectible Digital Memories: Fans receive digital keepsakes tied to the event, such as messages from artists or highlights.
  • Enhanced Utility: Tickets can unlock bonus content or additional event experiences before, during, or after the show.
  • Secure Resales: Transparent resale systems ensure fairness and eliminate scalping.

Built on Hedera – Security, Efficiency, and Sustainability

Powered by the Hedera Hashgraph network, MINGO’s ticketing system benefits from Hedera’s low fees, high-speed transactions, and energy efficiency. As an early adopter, MINGO has been working with Hedera since 2018 demonstrating its long-term commitment to the network and the Web3 space.

Driving Innovation in Ticketing

MINGO’s NFT Ticketing System combines practical, real-world applications with blockchain technology, offering benefits that traditional systems cannot match. By eliminating fraud, protecting fans, and creating new value opportunities, MINGO is setting the standard for event ticketing.

“We’re honoured to work with leaders across sports and entertainment to address the challenges of ticketing,” said Joe Arthur, CEO of MINGO. “Our NFT-based system isn’t just about tickets—it’s about delivering unforgettable experiences to fans while adding value for organizers.”

About MINGO

MINGO is a digital wallet and NFT ticketing solution built on the Hedera Hashgraph network. Operating since 2018, MINGO offers secure, programmable digital tickets that eliminate fraud, protect fans, and generate value for event organizers. Trusted by leading organizations such as the WBC, Fight Circus, and Comic-Con Ireland, MINGO is redefining ticketing for the digital age.

Website – mingo.com

X – https://x.com/mingoapps?s=21

Telegram- https://t.me/+vcB2K-OQF6sxOTBk

Whitepaper – https://mingo-1.gitbook.io/mingo

Contact

Marketing Manager
Cillian Arthur
MINGO
cillian@mingoapps.com

Zoth and Singularity Finance Launch ZTLN Prime to Bring Institutional Grade Funds On-chain

Gros Islet, St. Lucia, December 17th, 2024, Chainwire

Zoth, a leading real-world asset (RWA) ecosystem that brings fixed-yield-generating, institutional-grade, high-quality RWAs on-chain, has partnered with Singularity Finance to introduce Zoth Tokenized Liquid Notes Prime (ZTLN-P). Backed by U.S. Treasury ETFs and money market funds (MMFs) managed by trusted asset managers and custodied with Doo Group, ZTLN Prime offers institutional investors a secure solution for optimizing treasury assets while generating consistent returns.

A Strategic Partnership for Smarter Treasury Management

Singularity Finance (SFI), partnering with Zoth for ZTLN-P’s launch, combines strategic treasury management expertise with an advanced tokenization framework. It optimizes DeFi yields while ensuring safety and liquidity, and its framework enables compliant tokenized funds for blockchain transition of real-world and AI-related assets. This comprehensive solution addresses key tokenization challenges through a robust legal structure, reputable service providers, and liquidity pools for token redemption. Together with Zoth’s expertise in GTM strategies for bringing tokenized traditional financial instruments on-chain, this collaboration offers asset managers and institutional investors a streamlined solution to efficiently manage their organization’s treasury while generating consistent returns.

Drawing on its deep expertise in decentralized markets and investment strategies, Singularity Finance’s tokenization framework facilitates the launch of ZTLN-P. ZTLN-P is designed to provide optimized, low-risk yields without lock-in periods to its investors. SFI’s tokenisation framework also offers robust access to regulatory compliance, adhering to the Cayman Islands Monetary Authority (CIMA) and the Mutual Funds Act (2021 Revision). ZTLN-P complies with global regulatory standards, offering a secure and accessible solution for investors.

Bringing TradFi-Backed Security to On-Chain Treasury Solutions

The strength of ZTLN-P lies in its asset backing. By leveraging Blackrock-managed iShares ETFs and MMFs focused on the U.S. Treasury bills, ZTLN-P delivers predictable, low-risk returns with unparalleled liquidity, making it an attractive option for investors seeking stability in the traditionally volatile DeFi yield space. 

Unlike high-risk DeFi strategies that drive volatility, ZTLN-P prioritizes safety, liquidity, and transparency, setting a new standard for institutional-grade DeFi products. This emphasis on low-risk, compliant financial instruments positions ZTLN-P as the gold standard for RWA tokens, giving institutional investors confidence that their capital is deployed in rigorously vetted strategies designed to preserve principal and generate steady yield.

“ZTLN-P is an industry-driven product that aligns institutional-grade short term investments such as Blackrock iShares Treasury Bond ETF with the efficiency and transparency of blockchain,” said Pritam Dutta, CEO of Zoth. “With Singularity Finance’s one-of-a-kind expertise, this partnership marks the beginning of a new era where DeFi is no longer a speculative market but a legitimate alternative to traditional finance.”

Mario Casiraghi, Co-founder of SingularityDAO and Singularity Finance commented:

“ZTLN Prime is a transformative step toward bridging the gap between traditional finance and decentralized finance. By combining Zoth’s expertise in tokenizing high-quality real-world assets we’re delivering an institutional-grade product that embodies safety, liquidity, and transparency for the global web3.0 ecosystem. This partnership sets a new standard for on-chain financial solutions, ensuring that institutional investors can confidently navigate the DeFi space while enjoying consistent, low-risk returns.”

Cloris Chen, CEO at Singularity Finance concluded:

“One of the core pillars of Singularity Finance is to build an ecosystem that serves as a home for RWA projects, enabled through the SFI tokenization framework. This partnership with Zoth represents an important milestone for SFI, and the launch of ZLTN Prime unlocks a new & innovative way for the global web3.0 ecosystem to manage and grow their treasury, unlocking new opportunities in the DeFi ecosystem while maintaining the highest standards of compliance and trust.”

About Zoth

Zoth is a retail-focused RWA ecosystem connecting on-chain and traditional finance through institutional-grade fixed-income offerings. The ZothFi marketplace empowers accredited investors, asset owners, and institutions with seamless access to alternative assets, fostering a globally inclusive financial system. 

Learn more at: www.zoth.io

About Singularity Finance

Singularity Finance is the first AI-centric EVM-compatible L2 blockchain bringing the AI economy on-chain. It offers a fully compliant RWA tokenization framework to tokenize and monetise the AI value chain in its entirety. Stemming from the SingularityNET ecosystem and closely tied to the Artificial Superintelligence Alliance, Singularity Finance is poised to become the financial chain for everything AI.

Learn more at: https://www.singularityfinance.ai/

Contact

Avishay Litani
pr@marketacross.com

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