Taipei, Taiwan, November 25th, 2024, Chainwire
Anzen, the financial platform behind USDz, plans to launch on December 2nd for their launchpad sale of the Anzen protocol token on Fjord Foundry. Anzen is designed to create a broad range of options for USDz holders to potential returns in a stable, real-world-asset-backed environment. Users can see the official announcement here.
USDz and sUSDz are already used across the DeFi landscape with integrations on over 35 protocols, including: lending and borrowing on decentralized platforms, liquidity provisioning on DEXs, and stable and fixed-yield investment opportunities.
The launch of $ANZ token is designed to decentralize the platform and reward users who have contributed to growing the Anzen ecosystem. It will be allocated to USDz users, including but not limited to, USDz stakers, USDz-USDC LPs, and USDz Bond holders. Participants in the launchpad sale will have the opportunity to purchase ANZ.
Joining the Launchpad Sale
$ANZ will be listed on Fjord Foundry launchpad on December 2nd for a fixed-price sale.
- Date: Dec 2, 2024
- Allocation: Up to 6.7% of total token supply (666,666,666 $ANZ)
- Sale Limit: $3M hard limit Fixed Price Sale, $60M fully diluted valuation (FDV).
- Duration: 7 days
- Price: $0.006
- More Details: Part of the funds raised from the public sale will be earmarked for liquidity provision activities.
A total of up to 666 million ANZ tokens will be offered at $0.006 per token fully unlocked. This sets the fully diluted valuation at $60 million, and the market cap at approximately $6M based on the estimated circulating tokens assuming that the sale limit is reached.
Anzen is backed by Circle Ventures, Mechanism Capital, Frax Finance, Tribe Capital, and others. Anzen’s network enables it to scale quickly and open up powerful DeFi utilities backed by institutional-quality assets.
About $ANZ token
ANZ holders can benefit by having a direct say in how rewards are allocated and influencing liquidity incentives, expanding USDz’s footprint across DeFi. Anzen enables staked ANZ users to exercise governance rights and control over USDz rewards. Staked ANZ (veANZ) holders can earn extra rewards from trading fees, bonds, and potential lending revenue, providing value to veANZ holders.
Overall, ANZ and veANZ holders can allocate rewards, capture protocol fees, and guide USDz’s development as a stable DeFi asset. As a governance token, ANZ empowers holders with meaningful influence and tangible utility, aligning their interests with USDz’s long-term stability and expansion across DeFi.
More on Anzen
- Anzen allows users to generate potential yield through staking and fixed-rate options.
- Anzen’s TVL stands at $92 million, with month-over-month growth exceeding 25% since launching in June.
- Anzen is live on Base, Ethereum Mainnet, Blast, Manta, and Arbitrum
- Anzen has also announced launches of USDz on Movement, Plume, and Berachain, with more partnerships lined up after the launch of $ANZ.
- Anzen smart contracts have been audited by Halborn, Peckshield, and Zellic.
About Anzen
Anzen redefines digital assets, establishing USDz as a digital dollar backed by a diversified portfolio of credit assets that are rigorously underwritten by TradFi institutions and listed transparently on the Anzen transparency page. The founding team brings over a decade of experience in capital allocation and asset management, leveraging an extensive network to unlock premium opportunities with market-leading risk-adjusted potential returns.
Anzen goes beyond simply creating a “safe” token. The focus is on applying proven financial principles—such as stability, assets that generate potential returns, transparency, and predictability—in a manner that is accessible and open to all users. The project’s mission is to provide individuals worldwide with the opportunity to generate stable potential returns by utilizing their assets within DeFi, an option that remains inaccessible to many.
For more information on how to be eligible for Anzen’s upcoming airdrop and join the launchpad sale, users can visit:
https://anzen.finance/everything-you-need-to-know-about-anz
Contact
Marketing
Cindy Lin
Anzen Finance
cindy@anzen.finance
Vilnius, Lithuania, November 25th, 2024, Chainwire
WhiteBIT crypto exchange is celebrating six years of rapid growth, solidifying its position among the leaders in the European crypto market. From its beginnings as an ambitious startup in 2018, the company has evolved into a key market player with 5.5 million users thanks to innovative solutions, a rapidly expanding ecosystem, a strong focus on security, and continuous enhancements to the user experience.
6 Key Achievements
1. WhiteBIT Surpasses 5.5 Million Users, Strengthening Its Leadership in Europe
Ahead of its sixth anniversary, WhiteBIT crypto exchange has reached a milestone of over 5.5 million registered users. In the past year alone, the platform added more than 1.5 million new accounts, doubling its 2022 numbers. The platform’s 24-hour trading volume approaches $11 billion, while futures trading reaches nearly $40 billion as of November 13. Additionally, its B2B services now cater to over 1,000 business clients. These impressive achievements are driven by the continuous enhancement of the user experience and significant investments in security.
2. WhitePool: $1.2 Million in a Single Day
In October 2024, WhitePool, the crypto exchange’s dedicated mining pool, set a new record. On October 8, it successfully mined 6 blocks, generating over $1.2 million in one day. With a hashrate surpassing 7 EH/s, this milestone highlights strong user engagement and support. Since its launch, WhitePool participants have collectively mined over 320 blocks, showcasing the platform’s efficiency and the computing power of its users. Despite being launched only in August, WhitePool has secured a spot in the top 15 of the global mining pool ranking.
3. WhiteBIT Coin (WBT) Has Nearly Doubled in Value Since the Beginning of October
WhiteBIT’s native coin has demonstrated growth, with its rate nearly doubling to $22.42 as of November 13. This surge was propelled by the token’s ongoing integration into the platform’s ecosystem and additional rewards for users actively engaging on the exchange.
4. Strategic Partnerships on Local and Global Levels
WhiteBIT and FC Barcelona have launched an innovative educational program on blockchain technology and cryptocurrency titled “Game-Changing Tech: Mastering Blockchain” through the Barça Innovation Hub platform. The exchange also signed a memorandum of cooperation with the global Visa payment system to integrate crypto assets into fintech products.
5. PCI DSS Certification and Hacken Award for High Level of Security
This year, WhiteBIT received the highest level of Payment Card Industry Data Security Standard (PCI DSS) certification for payment data security and a prestigious award from Hacken for achievements in cybersecurity. The crypto exchange is constantly improving its security systems, guaranteeing high standards of security of users’ data and assets. In addition, according to the audit of the certification platform CER.live, WhiteBIT is among the five most secure crypto exchanges.
6. Since the beginning of the full-scale invasion, the company has donated over $11 million to support the Ukrainian army and civilians. Thanks to Whitepay’s solution, major charitable organizations can now receive cryptocurrency donations. This enables transparent transactions and attracts international donors who prefer crypto transfers. To date, over 100 million USDT in crypto donations have been collected through Whitepay’s crypto-processing solution.
Celebrating Six Years
To celebrate its sixth anniversary, WhiteBIT has launched the new Bull Run Telegram app, where users can compete throughout November for a prize pool of up to ~30,000 USDT in various cryptocurrencies. Participants can test their intuition by predicting market movements and challenging other players in real time. The game has already attracted over 640,000 users actively vying for the top prizes, with 15,400 USDT already awarded in various assets. For more details and to join the action, users can follow the link.
The founder and CEO of WhiteBIT, Volodymyr Nosov, shared: “Six years ago, we embarked on our journey with a clear goal — to make cryptocurrency accessible to everyone. Since then, we’ve continuously invested in innovation, expanded partnerships with leading brands, and implemented cutting-edge solutions to integrate cryptocurrency into the daily lives of millions. But despite our achievements, we are far from done. Looking ahead, our focus is on further developing the WhiteBIT ecosystem, expanding our product offerings, and creating even more opportunities for our users.”
About WhiteBIT
WhiteBIT is one of the largest European centralized crypto exchanges founded in 2018. The exchange offers 600+ trading pairs, 300+ digital assets, and 9 state currencies. The company is an official partner of the Ukrainian national football team, FC Barcelona, FC Trabzonspor, FACEIT. The goal of WhiteBIT is the mass implementation of blockchain technology worldwide.
Contact
WhiteBIT PR Service
pr@whitebit.com
George Town, Grand Cayman, November 22nd, 2024, Chainwire
Zircuit, the chain where innovation meets security, today announced its ZRC Token Launch on Monday, November 25th—a key step in building a thriving, decentralized ecosystem.
ZRC serves as the foundation of Zircuit’s architecture, enabling participants to receive additional rewards, participate in network app fair launches, and drive its growth. As the ecosystem’s cornerstone, ZRC aligns incentives across developers and users, fostering active collaboration and innovation.
The ZRC launch follows a series of notable achievements for Zircuit, including the successful rollout of Mainnet, a $2 billion TVL ecosystem, the groundbreaking EIGEN fairdrop with over 190,000 participants, the liquidity hub launch, and strategic investment from Binance Labs, Pantera, and other strategic partners. Together, these milestones underscore Zircuit’s position as a leader in decentralized finance and staking.
“The ZRC token is more than a milestone; it’s a gateway to the decentralized future we’ve been building at Zircuit,” said Martin Derka, co-founder of Zircuit. “By aligning incentives across our ecosystem, ZRC empowers developers and users to shape the network collaboratively.”
Designed with transparency and accessibility in mind, the ZRC Token Launch ensures participants can seamlessly engage with staking partners through Seasons 1-3 of Zircuit’s ecosystem. This includes staking through the Liquidity Hub, offering the potential to earn rewards.
Zircuit protects users from hacks through its built-in, automated AI techniques that guard users against smart contract exploits and malicious actors. This system automatically guards against smart contract exploits and malicious actors, making Zircuit one of the safest blockchain platforms available. As the safest chain for DeFi and staking, Zircuit is the premier liquidity hub for various assets, including ETH, BTC, LSTs, and LRTs, while providing robust security guarantees. Zircuit’s strong infrastructure allows users to earn competitive yields natively, combining safety with attractive returns.
Users can explore the ZRC token’s role in Zircuit’s ecosystem by engaging with staking and reward opportunities through the Liquidity Hub. For more information, users can visit zircuit.com and follow Zircuit on Twitter/X at @ZircuitL2.
About Zircuit
Zircuit: Where innovation meets security, designed for everyone. Zircuit offers developers powerful features while giving users peace of mind. Designed by a team of web3 security veterans and PhDs, Zircuit combines high performance with unmatched security. Experience the safest chain for DeFi and staking. To learn more about Zircuit, visit zircuit.com, and follow us on Twitter/X @ZircuitL2.
Contact
Head of Communications
Jennifer Zheng
Zircuit
jen@zircuit.com
Palo Alto, California, November 21st, 2024, Chainwire
Integration to enhance DeFi use cases on Aptos, expand interoperability, and streamline global payment solutions for merchants.
Aptos Foundation today announced the upcoming integration of Circle’s native USDC and Cross-Chain Transfer Protocol (CCTP) on the Aptos Network, as well as Stripe adding support for Aptos in its crypto products. These integrations make Aptos the home for interoperable DeFi and the fastest, cheapest, and most reliable enterprise-grade blockchain, further expanding its global financial ecosystem.
The integration of Aptos into Stripe’s crypto onramp and payouts products, paired with native USDC, will provide reliable fiat on and off-ramps for the Aptos network, streamline merchant pay-ins and payouts, and offer a seamless connection between traditional finance and blockchain technology.
Today, USDC is the largest regulated dollar-backed stablecoin with over $37B in circulation. With more than $160M in circulation on Aptos, bridged USDC is the most prevalent stablecoin available on the network. With this integration, native USDC will be issued through the regulated entities of Circle directly on the Aptos network and CCTP will enable developers to design cross-chain experiences by connecting their Aptos apps to the network of supported blockchains.
Bridge providers such as Stargate, built on LayerZero, will provide a smooth transition from the existing bridged USDC on Aptos to native USDC over time. There are no immediate changes to the AptosBridge built on LayerZero, and it will continue to operate as normal.
Additionally, ahead of the native launch of USDC, bridged USDC from the AptosBridge will be renamed to “lzUSDC” on block explorers. There will be outreach to ecosystem apps to encourage them to make the same change in their app UI and documentation.
The launch of CCTP will bring new levels of interoperability to DeFi on Aptos, enabling secure and efficient native USDC transfers. With the addition of Aptos, CCTP will support nine blockchains – including Arbitrum, Base, Ethereum, and Solana —and 72 routes with 1:1 capital efficiency. This move will allow for seamless cross-chain onboarding, swaps, purchases, treasury rebalancing, and more – all while maintaining an accessible and intuitive user experience.
With the addition of Aptos to Stripe’s crypto products, users will be able to seamlessly convert fiat currencies into USDC, directly through Aptos-enabled wallets. This integration will enable the use of USDC for Stripe’s global network of businesses. The combination of Stripe’s payment tools and Aptos’ scalable network unlocks new opportunities for global merchants and payment providers to process transactions faster, more securely, and at lower costs.
“Adding support for the Aptos blockchain inside our crypto products broadens consumer and merchant access to more efficient global fund flows with stablecoins; whether it be a retailer accepting payments from around the world, or a platform paying creators no matter where they are,” said John Egan, Head of Crypto at Stripe. “This collaboration brings Stripe’s global network together with the power of the Aptos blockchain, opening new avenues for both merchants and consumers to access efficient, stablecoin-based payments.”
“The DeFi ecosystem on Aptos has grown to five times its original size in the past year alone, and it’s clear why,” said Nikhil Chandhok, Chief Product Officer at Circle. “Aptos has emerged as a highly efficient way to move money across the globe. The arrival of native USDC and CCTP will only enhance this, and further the vision we share with the Aptos Foundation team of a future where secure digital dollars create a more accessible economy for everyone.”
“USDC and CCTP are the gold standards in DeFi, and Stripe is among the most trusted names in financial infrastructure,” said Bashar Lazaar, Head of Grants and Ecosystem at Aptos Foundation. “Circle and Stripe’s integration of Aptos moves the needle in creating a more accessible, secure, and decentralized future of finance. We’re all looking forward to this integration, and are eager to see what the incredible builders in the Aptos ecosystem make possible with this powerful new technology in their toolkit.”
“Aptos makes the globally connected economy accessible to everyone by simplifying the movement of economic value,” said Mo Shaikh, CEO of Aptos Labs, which provided technical expertise for the integrations. “I’m looking forward to seeing Aptos becoming a unifying force in the global economy, providing infrastructure that enhances payment efficiency while bringing the peer-to-peer money movement to life for its ecosystem and builders.”
For more information about Aptos Foundation and DeFi on Aptos, visit: https://aptosfoundation.org/ecosystem/projects/defi.
About Aptos Foundation
Aptos Foundation is dedicated to supporting the development of the Aptos protocol, decentralized network and ecosystem and driving engagement with the Aptos ecosystem. By unlocking a blockchain with seamless usability, Aptos Foundation aims to bring the benefits of decentralization to the masses.
About Aptos Network
Aptos is a next-generation Layer 1 blockchain. Aptos’ breakthrough technology and programming language, Move, are designed to evolve, improve performance and strengthen user safeguards. Please visit https://www.aptosfoundation.org for more information on the Aptos blockchain.
About Circle
Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies and public blockchains for payments, commerce and financial applications worldwide. Through its regulated entities, Circle is the issuer of USDC and EURC – highly liquid, interoperable, and trusted money protocols on the internet. Circle’s open and programmable platform and APIs make it easy for organizations to run their internet-scale business, whether it is making international payments, building globally-accessible Web3 apps or managing their internal treasury. Users can learn more at https://circle.com.
About Stripe
Stripe is a financial infrastructure platform for businesses. Millions of companies—from the world’s largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Headquartered in San Francisco and Dublin, the company aims to increase the GDP of the internet.
Contact
Communications Lead
Hannah Noyes
Aptos Labs
hannah@aptoslabs.com
London, United Kingdom, November 21st, 2024, Chainwire
Ike is proud to announce the official launch of its Liquid Staking Token (LST), sA0, on Aleph Zero. This milestone provides the Aleph Zero community with a new way to engage with the network by offering staking flexibility without compromising on rewards.
What Is sA0?
sA0 is Ike’s native Liquid Staking Token, designed to enhance the staking experience on Aleph Zero. With sA0, users can stake their AZERO tokens to support network security and earn rewards, all while keeping their assets liquid. This means they can use sA0 tokens across Aleph Zero’s ecosystem, unlocking new opportunities for participation and growth. Meaning, sA0 empowers users to “stake and use” at the same time.
sA0 Benefits
- Liquidity Meets Rewards: Users receive sA0 tokens in exchange for their staked AZERO, enabling them to stay liquid while continuing to earn rewards.
- Smooth Integration: sA0 seamlessly integrates with Aleph Zero’s growing DeFi ecosystem, creating more utility and value for stakers.
- Stronger Network Security: By encouraging greater participation in staking, sA0 supports the overall security and resilience of the Aleph Zero network.
Building Toward Progressive Decentralization
The launch of sA0 is a significant step in Ike’s roadmap toward progressive decentralization. Ensuring most of the slots are open for permissionless entry when governance live, Ike launched with 7 initial validators including Deutsche Telekom & STC Bahrain. As part of this journey, Ike will soon introduce community-driven governance features, including permissionless validator registration, initially scaling to have 30 slots with a fully transparent on-chain bonding process. This will enable a dynamic and competitive validator ecosystem, with the community playing a central role in decision-making.
Stephen Novenstern, Founder at Ike, commented:
“The mainnet launch of sA0 marks an exciting moment for both Ike and the Aleph Zero community. sA0 offers a powerful tool for staking while maintaining liquidity, and it’s just the beginning of our commitment to building a decentralized, community-driven ecosystem.
From the inception of the Ike Project, we wanted to build a Liquid Staking Protocol that wouldn’t just unlock staked liquidity; we wanted to put the Ike DAO in control of what percentage each Validator gets, and for it to be permissionless to get on the [Validator Registry] list.”
What’s Next?
With sA0 now live, Ike invites the Aleph Zero community to explore the benefits of liquid staking. In the coming months, Ike will focus on expanding the utility of sA0 within the ecosystem and rolling out governance features that further empower the community to shape its future. Users can see more in the Ike Docs here.
About Ike
Ike is the home of the sA0 Liquid Staking Protocol smart contracts live on Aleph Zero WASM. Together with the community, validators, and other builders in the ecosystem, they are fundamentally reshaping the network, delivering liquidity at the base layer, composable rewards, increasing participation and ultimately enhancing network security.
Drawing inspiration from the Japanese art of Ikebana, Ike is committed to fostering a harmonious and resilient ecosystem. By providing users with flexibility and liquidity in their staking journey, Ike empowers the Aleph Zero community to unlock the full potential of their assets while contributing to the network’s growth and stability.
Users can stay updated on the latest developments and engage with other like-minded individuals by joining the Ike Discord community and following on Twitter.
Contact
Director of Growth
Alexios Konstantinidis
Ike
hello@ike.xyz
Abu Dhabi, UAE, November 21st, 2024, Chainwire
Coinshift, a prominent name in onchain treasury management, has launched csUSDL: a liquid lending token (LLT) designed to optimize reward opportunities, security, and transparency for both individual and institutional investors. The announcement follows the release of the new Coinshift Business, which integrates payments and accounting services offered at no charge for DAOs and onchain businesses.
The innovative treasury product – Coinshift’s first – is backed by USDL, a next-generation, RWA-backed stablecoin issued by Paxos International. Notable for passing yield directly to users, USDL’s unique features include FSRA regulation in ADGM, transparency supported by monthly audited reports and reserves held in US Treasury Bills and cash equivalents.
csUSDL builds on Paxos’ expertise, honed in prominent RWA projects such as PayPal’s stablecoin PYUSD, to offer users additional potential rewards by connecting to DeFi borrowing and lending protocols.
Coinshift’s new LLT is built on Morpho, an emerging category leader whose non-custodial protocol allows csUSDL to benefit from lending yields and competitive borrowing rates without intermediaries. Deposits on Morpho’s core product exceed $2 billion in crypto assets.
Adding to a strong network of strategic partners, csUSDL vaults are curated by Steakhouse Financial. The stablecoin specialists work with leading on-chain companies and DAOs such as Lido and Arbitrum, as well as MakerDAO, where they advise token holders on the management of USDS’s $2 billion treasuries program.
“No individual or organization should have to compromise between stablecoin features such as reward rates or regulatory compliance,” says Coinshift founder and CEO Tarun Gupta. “With csUSDL, we have found a way to leverage all the potential of the blockchain ecosystem: security, transparency, self-custody, and interoperability. Users no longer need to choose between liquidity and yield.”
csUSDL is seamlessly integrated with the broader DeFi ecosystem. Users have opportunities to access token incentives from Coinshift, Morpho, and other partners. Future plans include enabling users to enhance their potential earnings through strategies on select DeFi platforms.
The new LLT is accessible through Coinshift’s platform, which reflects the company’s ongoing commitment to excellent user experience and thoughtful design. “It’s a new era of secure, liquid lending,” says Gupta.
According to Coinshift’s projections, csUSDL holders may see an annual yield of up to 10%. Boosted by token rewards and DeFi and partner programs, potential APY can far exceed that number, the company says, commensurate to individual user’s engagement and risk profile.
Coinshift’s stated mission is to bring the value of RWAs into DeFi to drive sustainable, long-term growth for users. “We envision csUSDL becoming an essential component of treasury strategies for businesses and DAOs, too,” adds the CEO.
Users can discover csUSDL at coinshift.global
About Coinshift
Since 2021, Coinshift manages $1B in Safe accounts and has helped organizations power $1B in payments. An established leader in onchain treasury management, Coinshift’s business platform is used by more than 300 organizations, including Aave, Starknet, Gitcoin, UMA, and Zapper. With csUSDL, Coinshift brings its DeFi and RWA vision and expertise to individuals as well as institutions, empowering all users to take control of their capital – and maximize their potential earnings.
Coinshift is backed by investments from Tiger Global, Sequoia, ConsenSys, and Polygon.
Contact
Head of Business
Tom Albrecht
Coinshift
tom@multisafe.finance
Luxembourg, Luxembourg, November 21st, 2024, Chainwire
DegenLayer, a newly launched memecoin focused blockchain & trading terminal app suite, has announced its testnet release, marking a key step toward its upcoming mainnet launch. The platform aims to facilitate zero setup memecoin trading and creation, leveraging the $20 billion liquidity within the Optimism Superchain ecosystem.
The project’s developers project daily revenues of $1 million in ETH, assuming a daily DEX trading volume of $200 million. With low transaction fees and a streamlined user interface, DegenLayer seeks to provide a gateway for mainstream users to engage in blockchain-based trading and creation.
The project’s native token $DELAY was fair launched on Uniswap last week, and is set to be listed on one of the top 15 CoinGecko-ranked exchanges next week, providing access to the token to their 10 million+ user community.
The project is powered by a 60+ person team behind notable successes including PunksClub.io the CryptoPunk social network, Music.com (developed with Pharrell Williams), and AAA games like The Witcher 3 and Dying Light 2. The founding team previously achieved remarkable success with SuperBid, driving token value from $0.01 to $12 in 2021.
“Our proven track record in both Web3 and gaming demonstrates our ability to deliver compelling user experiences,” says Jacob Rylko, Co-Founder & CEO. “With DegenLayer, we’re leveraging our existing reach of 3 million+ users through our Telegram mini-app, Firecoin, to accelerate adoption.”
Key features and projections:
- Innovative “Pump Technology” with 50% of revenue allocated to viral user rewards, $DELAY and memecoin buybacks
- Viral referral program projecting $100,000 daily reward distributions
- Seamless integration with Telegram’s 1B+ user base via a mini app
- One-click memecoin creation and trading interface for non-crypto users
- Transaction fees below $0.01 with 2,000 TPS capacity
DegenLayer’s launch represents a significant milestone in making memecoin trading accessible to mainstream users while leveraging established Optimism infrastructure, the same that is used by Coinbase’s BASE Layer 2.
About DegenLayer
DegenLayer is a trading terminal and Ethereum Layer 2 blockchain designed to make memecoin trading accessible to mainstream users. Built on Optimism technology, the platform offers low-cost, high-speed transactions and a zero setup interface for memecoin trading and creation. Backed by a team with expertise in Web3, gaming, and entertainment, DegenLayer aims to bring innovative blockchain solutions to the global market.
For more information about DegenLayer and its revolutionary approach to memecoin trading, users can visit https://degenlayer.wtf. Media inquiries can be directed to contact@degenlayer.wtf.
Contact
CEO
Jacob Rylko
DegenLayer
contact@degenlayer.wtf
Dubai, United Arab Emirates, November 21st, 2024, Chainwire
Arcana Network is thrilled to announce the launch of the Arcana Wallet Beta, now available on the Chrome Store, setting a new standard in blockchain accessibility and user experience through its pioneering Chain Abstraction Protocol. Built as the first Externally Owned Account (EOA) wallet to leverage Chain Abstraction, Arcana Wallet enables a frictionless, multi-chain experience where users can spend assets across Ethereum, Base, Polygon, Arbitrum, and Optimism seamlessly, with 20+ new chains coming soon.
The Chrome Extension wallet is available at www.arcana.network/wallet
Unified Balance: Spend your assets held across chains, in 1-click, without bridging
Arcana Wallet offers a range of features designed to eliminate fragmentation and provide users with streamlined access to decentralized finance. Through Arcana’s Chain Abstraction protocol, users can now manage their aggregated USDC, USDT, and ETH balances across multiple networks, all in a single wallet interface, and spend these funds instantly on any supported chain without the need for bridging.
“At Arcana, our goal is to reimagine blockchain usability by abstracting the complexities that come with multi-chain interactions. Arcana Wallet delivers an intuitive and effortless experience that allows users to engage with dApps across chains, without technical barriers” said Mayur Relekar, Founder & CEO of Arcana Network.
Key Features of Arcana Wallet
- Unified Balances: Arcana Wallet aggregates assets into a single balance across supported chains, allowing seamless spending without bridging. For example, users holding USDT on Arbitrum and Optimism see a combined balance ready to spend on Polygon or Base.
- EOA Wallet-Based Orchestration: Users can bring their existing EOA address or create a new one, ensuring self-custody. Funds stay in the user’s wallet, without locking up or requiring deposits to another address, maintaining asset security and cross-app accessibility.
- Universal Address Accessibility: Unlike wallets needing app-specific setups, Arcana Wallet retains assets within one wallet, making them accessible across all apps—even those without native chain abstraction support.
- Efficient Gas Payments: Gas fees can be auto-funded in stablecoins (USDT or USDC), eliminating the need to hold native tokens on each chain. Arcana’s optimised protocol keeps gas fees up to 10X lower than traditional solutions that use smart contract accounts.
- Near-Instant Cross-Chain Transactions: Arcana Wallet’s architecture allows transactions to execute within seconds, making it one of the fastest cross-chain transaction tools available. Users can spend assets on multiple chains with one-click transactions, benefiting from improved liquidity and usability.
Expanding dApp and Chain Compatibility
At its Beta launch, Arcana Wallet supports popular dApps, including Uniswap, Aave, Polymarket, Hyperliquid, and Jumper, with compatibility for additional applications and chains on the horizon. From currently supporting Ethereum, Base, Polygon, Optimism, and Arbitrum, the protocol aims to scale support to +20 EVM and non-EVM L1s, L2s, and appchains. Allowing users to manage funds from any of the integrated networks, it will mark a significant step toward a unified blockchain ecosystem.
Arcana’s Chain Abstraction SDK
To cater the developer community, Arcana Network is also launching the Chain Abstraction SDK, enabling developers to implement Arcana’s Chain Abstraction features in their own dApps. The SDK is intended to provide a versatile toolkit for developers to build chainless user experiences and simplify blockchain interactions for end users, helping to grow Arcana’s vision of a unified Web3 UX.
Joining the Arcana Community
As the Arcana Wallet Beta moves through its Testnet phase, feedback from users and partners will help shape the next generation of blockchain interactions.
Users can download Arcana Wallet from the Chrome Store and experience the power of Chain Abstraction: Arcana Wallet Chrome Store
About Arcana Network
Arcana Network is a leading Chain Abstraction Protocol, powered by an Appchain, with the mission to transform the Web3 UX.
Since its inception in 2021, Arcana Network has introduced products that make web3 effortless, with more than 4 million wallets generated, 500,000 active users, and 6 million transactions to date. The upcoming Chain Abstraction Protocol built on a Cosmos Appchain and powered by $XAR, is the next evolution in simplifying Web3.
$XAR is the utility token that captures protocol fees, secures the network, incentivises early adopters, and rewards resource providers.
Arcana Network’s innovative technology is backed by prominent investors, including Balaji S., Polygon founders, John Lilic, Santiago Roel, and investment funds such as Woodstock, Fenbushi, Republic, Polygon Ventures, DCG, LD Capital and others.
Website | Twitter | Telegram | YouTube
Contact
Marketing Manager
Andria Efstathiou
Arcana Network
andria@arcana.network
Sydney, Australia, November 21st, 2024, Chainwire
The GMT DAO, an independent community organization of GMT holders, is excited to announce the launch of the GMT Burn Initiative—an event designed to place the future of GMT firmly in the hands of its community. Through this initiative, GMT holders will vote on the decision to burn up to 600 million GMT, equivalent to 100 million USD, marking this as one of the most ambitious token burns in the web3 ecosystem.
The GMT Burn Initiative reflects the GMT DAO’s commitment to transparency, governance, and sustainable token management. This community-driven approach aligns with the DAO’s goal to shape GMT’s future responsibly and collaboratively.
How It Works:
- Lock and Vote: GMT holders can participate by visiting burngmt.com, where they can lock their tokens and cast their vote on various proposals, including the first of its kind “GMT Burn Initiative”. Participants will receive an exclusive soulbound ‘Make GMT Great Again’ Red Hat NFT as a token of acknowledgement for their involvement. This NFT will record metadata detailing the claimed and eligible airdrops, as well as the votes cast.
- Earn Rewards: A total of 100 million GMT will be distributed at the end of the 60-day voting period as rewards to participants, contingent on achieving milestones.
- On-Chain Transparency: The voting process is recorded on the blockchain, allowing anyone to verify results and ensuring the integrity and transparency of each decision.
- Regular Voting Cycles: This burn initiative is just the beginning. Moving forward, GMT DAO will introduce new proposals and voting cycles every quarter, giving holders regular opportunities to shape the future of GMT via gmtdao.com.
This initiative showcases a proactive effort to ensure GMT’s sustainable future, emphasizing innovation and community engagement. The GMT DAO remains committed to true decentralization, empowering GMT holders to shape its direction. By enabling votes on key proposals, including a potential major token burn, the DAO highlights the power of collective input and its dedication to building a strong, thriving ecosystem.
The GMT Burn Initiative marks a new chapter in GMT’s journey, giving every holder a voice. Voting, which starts at 100 GMT, is now open at burngmt.com, inviting all GMT holders to help shape the token’s future.
About GMT DAO
The GMT DAO is an independent organization of GMT holders dedicated to overseeing GMT’s future through transparent and community-led governance. The DAO’s formation represents a commitment to empowering GMT holders with a voice in key decisions, from token management to ecosystem development.
For more information on the GMT Burn Initiative and to participate, users can visit burngmt.com.
About GMT
GMT sits at the heart of the FSL ecosystem. Exclusively earned through STEPN, this token plays a crucial role across all FSL products. GMT operates on four blockchains—Solana, BNB Chain, Ethereum, and Polygon—and is pivotal in Gas Hero, where it’s used to trade items and burn for NFT level-ups. On MOOAR, all items can be traded using GMT, and it’s also central to primary sale raffle mints with key partners and is used in the newly launched STEPN GO to buy Sneakers and perform various in app functions.
Contact
GMT DAO
hello@gmtdao.com
Barcelona, Spain, November 20th, 2024, Chainwire
AIntivirus, a global initiative aimed at combating systemic corruption and promoting transparency, launches with a message rooted in the enduring legacy of John McAfee. The project, inspired by McAfee’s outspoken stance on accountability and digital security, seeks to create a more equitable and secure digital environment.
A Legacy Rekindled
John McAfee, a polarizing figure renowned for his contributions to cybersecurity and his defiance of conventional norms, left a lasting mark on the tech industry. Although reports of his death in 2021 sparked widespread speculation, AIntivirus introduces McAfee’s message of resistance to corruption and systemic reform in a new form.
AIntivirus serves as a platform for engaging with McAfee’s ideas, allowing users to participate in discussions through social media interactions. By fostering conversations around issues he championed during his lifetime, AIntivirus seeks to amplify the dialogue on transparency and technological accountability.
About AIntivirus
AIntivirus brings together a global team of innovators and thought leaders to tackle the challenges of systemic corruption. Focused on advocacy and innovation, the initiative emphasizes transparency, accountability, and the promotion of equitable solutions to modern technological insecurities.
“We are the watchers who cannot be watched,” the AIntivirus team declares. “This is not merely resistance; it is a revolution for a secure and just digital future.”
Contact
AIntivirus
john@aintivirus.ai