chainwire

Dubai, United Arab Emirates, November 8th, 2024, Chainwire

Bybit, the world’s second-largest crypto exchange by trading volume, is pleased to announce that Shunyet Jan, its current Head of Derivatives, will take on an expanded role as Head of Institutional. This move underscores Bybit’s commitment to serving institutional clients and enhancing its innovative derivatives offerings.

Expanding Responsibilities for a Dynamic Industry

Shunyet Jan joined Bybit with a wealth of experience in both traditional finance and high-frequency trading, bringing a fresh perspective to the crypto space. “Bybit has been an exciting place to work, with a strong focus on innovation and rapid execution,” Shunyet noted. “The culture here is remarkably collaborative, and it’s clear that agility and teamwork are at the heart of everything we do.” His positive first impressions of Bybit’s team and culture, shaped by his background across diverse financial environments, have only reinforced his enthusiasm for advancing Bybit’s role in the market.

In his expanded role, Shunyet will leverage his insights from a distinguished career, which includes roles in program trading, ETFs, and index arbitrage on Wall Street, as well as algorithmic and high-frequency trading in Asia. His leadership will guide Bybit in crafting solutions that cater specifically to institutional needs, bridging traditional finance principles with the flexibility of digital assets.

Championing Bybit’s Vision for Institutional Growth

With deep experience in serving sovereign wealth funds, pension funds, hedge funds, and market makers, Shunyet understands the unique needs of institutional investors. “Institutional sales and derivatives share a common goal: providing seamless access to liquidity and effective support,” Shunyet explained. His dual background as both an institutional client advisor and a top global market maker allows him to anticipate and address the nuanced demands of these clients, helping Bybit solidify its reputation as a trusted partner for sophisticated trading solutions.

In his new role, Shunyet’s focus is clear: “I’m focused on positioning Bybit as the top choice for institutional clients by enhancing our custody solutions, expanding loan products, and strengthening liquidity across the platform.” He envisions building a robust environment that not only attracts institutional clients but also elevates their experience through refined trading conditions and innovative tools. By refining custody options and liquidity enhancements, Bybit aims to further solidify its foundation in a rapidly growing sector.

A Vision for Bybit’s Derivatives and Institutional Future

Shunyet’s career trajectory highlights a commitment to adapting the best practices from traditional finance to the crypto industry. He sees significant potential in options trading for the crypto sector, especially in the APAC region, where demand is rapidly increasing. “While options are standard in traditional markets, they remain underutilized in crypto. My goal is to build a world-class options trading platform that offers the same level of sophistication and reliability that institutional investors expect.”

“Bybit has a vision of creating a secure, innovative environment for traders, and I’m eager to contribute to the growth of our platform, enhancing institutional offerings while expanding sophisticated retail solutions,” Shunyet added.

Helen Liu, Chief Operating Officer of Bybit, commented, “Shunyet’s dual expertise in traditional finance and crypto markets equips him to elevate our platform for institutional clients. His insights and leadership will be instrumental as we broaden our reach in institutional services and enrich our derivatives offerings.”

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, users can visit Bybit Press 

For media inquiries, users can contact: media@bybit.com

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

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

Contact

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

Gros Islet, St. Lucia, November 8th, 2024, Chainwire

SingularityDAO, SelfKey, and Cogito Finance have agreed to form Singularity Finance after the communities approved the merger. SDAO and KEY token-holders voted overwhelmingly in favor of the proposal.

The merger follows a governance vote in which the SingularityDAO (SDAO) community approved the proposal. Of more than 15 million SDAO tokens cast, 95% backed the motion. The SelfKey community also approved the merger through a community vote that resulted in  99.9% of KEY voters giving it their support.

SingularityDAO, SelfKey, and Cogito Finance will combine their technologies to create a Layer 2 ecosystem optimized for AI tokenization. This will support the creation of new DeFi primitives while accelerating AI innovation.

The creation of Singularity Finance will now be initiated and a token swap will occur to create a single asset, SFI, which will serve as the network token.

• KEY will convert at a ratio of 1 KEY = 0.1 SFI
• SDAO will convert at a ratio of 1 SDAO = 8.0353 SFI
• CGV will convert at a ratio of 1 CGV = 1.0890 SFI

Dr. Ben Goertzel, CEO of SingularityNET and the Artificial Superintelligence Alliance, will lead a council overseeing Singularity Finance operations. The team will also include Cogito Finance’s Cloris Chen and SingularityDAO’s Mario Casiraghi.

Mario Casiraghi, Co-Founder SingularityDAO said: “We’re delighted that the merger can proceed thanks to the support and votes from both the SelfKey and SingularityDAO communities. We’re grateful to all SDAO and KEY holders for participating in this pivotal governance decision. With their approval, we’re now set to move forward with creating Singularity Finance as a Layer-2 platform that merges the strengths of SingularityDAO with our partners SelfKey and Cogito Finance, accelerating innovation at the intersection of DeFi and AI.”

Cloris Chen, CEO of Cogito Finance, shared her excitement about the community vote, stating: “The overwhelming support from both the SingularityDAO and SelfKey communities for the SFI merger is a testament to our shared vision for the future of finance. Together, with combined expertise and leading technologies, we’re set to unlock new possibilities at the intersection of AI and DeFi. Singularity Finance will not only drive innovation and accessibility across the industry but also position itself as a leader in the fast-evolving AI economy, creating a Layer 2 ecosystem that attracts developers and users eager to explore pioneering use cases and assets.”

Through its Layer-2 blockchain, Singularity Finance will support onchain assets such as AI compute, reducing barriers to entry and providing permissionless access to new financial opportunities. By uniting the capabilities of SingularityDAO, Cogito, and SelfKey, Singularity Finance will position itself at the vanguard of the movement to tokenize AI and unlock greater onchain value.

About SingularityDAO

SingularityDAO is a decentralized Portfolio Management Protocol designed to democratize access to sophisticated crypto asset management tools. The upcoming dynavaults, multiasset, multistrategy vaults leveraging AI-enhanced analytics and risk management tools, provide the much needed infrastructure in the volatile world of DeFi.

Learn more: https://singularitydao.ai/

About Cogito Finance

Cogito’s mission is to bring tokenized traditional assets onchain for increased liquidity, security, and transparency. It offers a suite of carefully-engineered, fully transparent, and institutional-grade investment products. Led by a team of finance and technology experts, Cogito is pioneering the future of onchain finance.

Learn more: https://www.cogito.finance/

About SelfKey

SelfKey is building a blockchain-based identity system that allows identity owners to truly own, control and manage their digital identity. Its blockchain based self-sovereign identity system enables individuals and organizations to find more freedom and privacy. Structured as a DAO, SelfKey empowers individuals and corporations to take back ownership of their identity data.

Learn more: https://selfkey.org/

Contact

Market Across
pr@marketacross.com

Wilmington, Delaware, November 7th, 2024, Chainwire

Rekt Brands Inc. (Rekt), the parent company behind the Rektguy NFT project, Rekt Drinks, and the Rekt brand intellectual property, is excited to announce the completion of a $1.5 million seed funding round. Funded exclusively by angel investors and the community—without institutional venture capital—this achievement highlights the support Rekt received from its loyal and growing network.

This funding announcement follows the debut of Rekt Drinks, Rekt’s first consumer product: a lime-flavored sparkling water with zero caffeine and zero alcohol, featuring the Rekt branding. Rekt Drinks made its debut last week with 222,456 units available across 32 countries. The entire stock sold out in under 48 hours, with demand in the U.S. alone resulting in a complete sell-out within just 4 hours and 20 minutes. This launch represents one of the largest real-world product sales by a Web3 brand, reinforcing Rekt’s potential as a cultural force in both digital and traditional markets.

Rekt was founded from the success of the Rektguy NFT collection, created by artist Ovie Faruq (OSF) in May 2022. Since then, the Rektguy project has expanded into Rekt Brands, which oversees the Rekt IP and pioneered a unique industry model by offering equity in the parent company directly to its NFT holders, utilizing a Reg CF exemption under SEC guidelines in the U.S.

“Rekt has had a die-hard, cult-like community for the past 2 years, and our ambition is to fulfill its potential as one of the largest Web3 brands,” said OSF. “With the sell-out of our drinks last week, that’s 222,456 times someone is going to pick up a can with the Rekt logo and a Rektguy on it. It’s a magnitude higher for us in terms of brand awareness.”

With this new funding, Rekt is poised to expand its product lineup, strengthen its brand awareness in and outside of Web3, while further bridging digital culture with physical consumer products. The Rekt community remains at the heart of the brand’s mission, with upcoming projects that will continue to empower, engage, and reward its dedicated supporters.

About Rekt 

Rekt Brands Inc. is the parent company that owns the Rektguy NFT project, Rekt Drinks, and the Rekt brand intellectual property. Established from the success of the Rektguy NFT collection by artist Ovie Faruq (OSF), the brand has expanded into consumer goods and groundbreaking community equity models. Rekt aims to redefine brand ownership and engagement through its Web3 foundation, innovative products, and viral global community.

Contact

CEO
Ovie Faruq
Rekt Brands Inc.
ovie@rektdrinks.com

Zurich, Switzerland, November 7th, 2024, Chainwire

Hyperbridge Launches on Polkadot with Support for Ethereum, Optimism, BNB Chain, and More

Hyperbridge, the highly anticipated blockchain interoperability protocol, has officially launched, unlocking new possibilities for seamless cross-chain communication. Following its $2.5 million seed funding led by the Web3 Foundation and Scytale Digital, Hyperbridge now brings its groundbreaking technology to users, delivering secure, scalable, and verifiable cross-chain solutions across multiple blockchains. Hyperbridge launches with native support for Ethereum, Optimism, Arbitrum, Base, BNB Chain, and Gnosis.

The journey to Hyperbridge’s launch has been thorough, with the project completing two testnet cycles. During these cycles:

• 600,000+ cross-chain messages were processed across supported networks.
• 66 independent relayers joined to facilitate message transfer across chains, validating the robustness of the network.

This extensive testing ensures a smooth mainnet experience, with Hyperbridge now equipped to provide unmatched cross-chain messaging and liquidity solutions.

At launch, Hyperbridge introduces a token bridge for asset transfers: Gateway, arbitrary message passing, and state queries across multiple ecosystems. Gateway offers:

• High security and finality guarantees, displacing traditional multisig-based authentication with zk-proofs and on-chain finality validation.
• Instant access to multichain liquidity, unlocking new DeFi use cases for DAOs, stablecoins, and real-world assets.

Security remains paramount to Hyperbridge’s design, addressing challenges faced by conventional multisig bridges that have previously resulted in over $2 billion in exploits. Hyperbridge leverages zk-light clients and storage proofs to authenticate messages, ensuring a security model equivalent to the blockchains it connects.

“Bridges are only as strong as their authentication mechanisms,” said Seun Lanlege, founder of Polytope Labs, the developers of Hyperbridge. “By leveraging finality-based authentication and eliminating multisig committees, Hyperbridge offers unmatched security, allowing developers to build the next generation of decentralized applications with confidence.”

Hyperbridge enables developers to launch cross-chain applications from day one, supporting use cases such as:

• Non-custodial native bridges for unified liquidity pools.
• Cross-chain intents to facilitate seamless token interactions.
• Multichain expansion for stablecoins, real-world assets, and DAO governance tokens.

As blockchain adoption accelerates, interoperability becomes even more critical. Hyperbridge aims to be at the forefront of this shift, offering developers and projects a reliable, secure, and scalable cross-chain infrastructure that opens new frontiers for DeFi, DAOs, and on-chain finance.

About Hyperbridge

Hyperbridge is a cryptoeconomic coprocessor for secure, verifiable interoperability powered by consensus and storage proofs. Hyperbridge is the HTTPS of blockchain interoperability, providing developers with onchain and off-chain SDKs for securely sending cross-chain messages (POST requests) and reading on-chain storage (GET requests).

About Polytope Labs

Polytope Labs is a collective of researchers and engineers founded by core developers of Ethereum, Polkadot, and IBC. We’re focused on addressing fundamental infrastructure problems that continue to hold back the crypto industry, such as interoperability, scalability, and privacy. We firmly believe that Web3 is the next evolutionary step of the internet, and we are fully committed to advancing truly decentralized technologies.

About Polkadot

Polkadot is the powerful, secure core of Web3, providing a shared foundation that unites some of the world’s most transformative apps and blockchains. Polkadot offers advanced modular architecture that allows devs to easily design and build their own specialized blockchain projects, pooled security that ensures the same high standard for secure block production across all connected chains and apps connected to it, and robust governance that ensures a transparent system where everyone has say in shaping the blockchain ecosystem for growth and sustainability. With Polkadot, users are not just participants, they’re co-creators with the power to shape its future.

Contact

comms / PR manager
Jonathan Duran
Distractive
Jonathan@distractive.xyz

Singapore, Singapore, November 5th, 2024, Chainwire

BTC.com officially announced the completion of its upgrade and the launch of an open-source computing power platform. The platform continues to embody the community spirit and adopts the motto “Embrace Open Source, Gather Computing Power, Create the Future Together” to support developers and computing power providers in jointly promoting the development of a decentralized ecosystem.

The platform will serve as a bridge for computing power suppliers, enabling them to achieve efficient management and flexible trading through its one-click deployment tools. Additionally, it will provide a free trading environment for those in need of computing power, allowing on-demand access to achieve a balance between cost and efficiency.

About BTC.com

BTC.com is committed to connecting computing power for open-source projects, providing infrastructure for the development of the blockchain and AI industries, and promoting the flourishing growth of industry applications.

Contact

PR team
contactPR@btc.com

Singapore, Singapore, November 7th, 2024, Chainwire

0G Foundation in conjunction with Fjord Foundry are proud to announce its upcoming node sale on Fjord, web3’s leading capital formation platform. The sale will run from November 7th to 13th, offering participants valuation terms and an opportunity to lead in the decentralized AI space.

0G recently closed its last funding round and has strong participation from renowned VCs such as Hack VC and Delphi Ventures with the latest SAFE valuation exceeding $2 billion. The upcoming node sale on Fjord offers participants the chance to join the network at a significantly lower valuation. By purchasing a node, participants become integral contributors to 0G’s decentralised network, directly supporting the democratisation of artificial intelligence. 

“We’re excited to invite the wider Fjord and web3 community to join us in shaping the future of AI,” said Michael Heinrich, CEO of ZeroGravity Labs. “Our node sale on Fjord represents a significant step towards creating an AI ecosystem that is accessible, transparent, and governed by its users.”

Introducing 0G.AI’s Innovative Technologies

• 0G Storage: A decentralised storage solution that ensures data is securely stored across a distributed network. By eliminating central data repositories, 0G Storage enhances data security and privacy, allowing users to maintain control over their data while contributing to the network’s robustness.
• 0G DA (Data Availability): 0G DA addresses the critical challenge of data availability in decentralised networks. By implementing advanced cryptographic techniques, it ensures that data required for AI computations is reliably accessible when needed, without compromising on security or efficiency.
• 0G Serving: A decentralised AI model serving platform that allows AI models to be hosted and served across the network of nodes. 0G’s Serving framework empowers developers to deploy AI services without relying on centralised cloud providers, reducing costs and avoiding single points of failure.
• 0G Chain: The custom L1 (EVM compatible) blockchain underpinning the 0G network. 0G chain facilitates secure and transparent transactions, governance decisions, and coordination among nodes. It ensures the integrity and auditability of all activities within the ecosystem.

Purchasing an AI Alignment Node

As an alignment node operator, users contribute to the network’s processing, storage, and deployment of AI models, enhancing its resilience and efficiency. In return, node owners receive token rewards for their contributions, providing economic benefits as the network grows. Additionally, owning a node grants rewards that can empower users with governance rights within the 0G ecosystem, allowing owners to influence key decisions and shape the platform’s future.

About Fjord Foundry

Fjord Foundry’s mission is to democratise access to early-stage opportunities for the community of backers while providing projects the means to bootstrap liquidity in a seamless and straightforward manner. Fjord Foundry has solidified its reputation as web3’s leading capital formation platform, facilitating over $1 billion in funds raised since September 2021. By hosting the sale on Fjord, 0G leverages a platform renowned for connecting innovative projects and community backers. Participants in the node sale can benefit from Fjord’s trusted infrastructure, higher-tier offerings, and a seamless participant experience.

About 0G Foundation

The 0G Foundation is an organisation dedicated to driving innovation and growth maintaining the world’s first decentralised AI Operating System. Focused on creating an open, transparent, and scalable infrastructure, the 0G Foundation is committed to fostering a vibrant, decentralised ecosystem where AI can operate as a public good. Through strategic partnerships, community initiatives, and innovative technology, 0G Foundation strives to ensure the long-term sustainability and integrity of the 0G network. 

The node sale will be live from November 7th to 13th. To learn more and participate, users can visit https://links.fjordfoundry.com/0GAI.

Contact

Head of Marketing
Ben
Fjord Foundry
ben@marigoldlabs.xyz

Dubai, United Arab Emirates, November 7th, 2024, Chainwire

Bitunix exchange announced on November 1st that it has launched its Copy Trading Feature. With this tool, Bitunix enables new traders to take their first steps in futures trading by copying experienced traders. The fastest-growing crypto derivatives exchange with this move aims to make involvement in crypto trading as easy as possible for everybody.

According to Dailycoin, crypto copy trading has rapidly grown in popularity among retail investors, offering a way for newcomers to enter the market. Considering that and based on user feedback and analysis of market trends, Bitunix came up with their advanced version of Copy Trading Feature.

This new tool lets users follow experienced traders, automatically replicating their trades in the user’s account, which simplifies trading for newcomers. Both users and traders benefit—traders gain followers and a share of potential earnings, while users can view transparent performance metrics (such as ROI, win rate, and trade size) to choose traders wisely. Traders without followers can also publish trading signals to attract users.

Key Highlights of Bitunix’s Copy Trading Feature

Some of the things that can be highlighted regarding the Bitunix Copy Trading Feature are:

• One-Click Copy Trading: Users can follow a trusted trader’s strategies with a single click, enabling automated trading for both beginners and pros.
• Real-Time Data and Transparency: All traders’ historical profit data is available in real-time, helping users make informed choices with clear, transparent information.
• Personalized Copy Trading: Users can customize copy trading amounts, take profit, and stop-loss settings to match their risk preferences.
• Become a Lead Trader: Experienced traders can become lead traders, sharing strategies and earning a percentage of followers’ potential earnings.
• Avatar Selection: Traders can choose from a set of system-provided avatars (custom avatars not supported).

How Much Can a User Invest and What is the Profit-Sharing Fee with the Copied Trader?

Bitunix Copy Trading, has its limits on how much a user can invest and here’s how it works:

• Fixed Amount Mode: A user can invest anywhere from $10 to $1,000.
• Proportion Mode: A user can invest between $100 and $100,000.

In Copy Trading, when a user earns from trades they’ve copied, up to 10% of those earnings go to the trader as a profit-sharing fee. Bitunix may adjust this percentage in the future based on trader experience or performance. Currently, each trader can have up to 100 followers, with plans to increase this limit as trader levels evolve.

How Can Users Monitor Their Copy Trades?

The “My Copy Trading” module gives users detailed insights into both active and completed copy trades, including amounts, margin balances, and profit/loss. Users can monitor unlimited ongoing trades in real time (with up to 10 copy trading accounts). It also provides access to the trading positions, profit status, and past records of completed trades for review.

How Can Users detect Top-Performing Traders to Copy?

The trader list is organized to help users find top-performing traders, with rankings based on key metrics like profit and loss, return on investment, win rate, and trade volume. This structured approach makes it easier for users to select traders that best fit their investment goals.

Additionally, users can use a search function to locate specific traders within the list. For those seeking different results, the platform offers flexibility. Users unsatisfied with their current copy trading outcomes can stop following a trader or choose to follow a new one.

How to Participate in Bitunix Copy Trading

Bitunix’s Copy Trading feature simplifies trading in the fast-paced cryptocurrency market, offering an easier start for new traders compared to manual trading. The steps to participate are as follows:

• Copy Trading Users: Log in to the Bitunix platform via the website or app, navigate to the “Copy Trading” panel, select a lead trader to follow, customize trading parameters, and start automated trading instantly.
• Lead Traders: Experienced traders can apply to become lead traders on the same page, sharing their strategies and potentially earning through follower engagement.

Bitunix has also recently introduced its multi-window trading feature, aligning with its mission to provide a convenient and feature-rich trading environment.

For detailed steps on how to participate in Bitunix Copy Trading, users can visit this tutorial on their website.

About Bitunix

Bitunix is a global cryptocurrency derivatives exchange founded in 2021, committed to offering simple, secure, transparent, and cost-effective trading services to its users. Bitunix specializes in both spot trading and perpetual futures, with over 250 trading pairs and leverage of up to 125x.

With features such as top-tier liquidity, 24/7 customer support, and a strong commitment to regulatory compliance, Bitunix remains at the forefront of providing a reliable trading experience for the global crypto community. Bitunix has attracted more than 1,000,000 users from over 100 countries, facilitating a daily trading volume exceeding $1 billion on its platform.

Website | Telegram | X | LinkedIn

Contact

COO
KX WU
Bitunix
kx.wu@bitunix.io

Campinas, Brazil, November 5th, 2024, Chainwire

SP Negócios, São Paulo’s investment and export promotion agency, has partnered with Polkadot to foster innovation among companies in São Paulo.

Driven by the growing market demand, Polkadot is increasingly positioning itself as an ally for businesses looking to grow in an innovative, secure, and transparent way. It has been sponsoring educational initiatives through Código Brazuca. Thanks to this, companies and citizens in São Paulo will have access to blockchain programming training through Código Brazuca’s content starting in December. This will be possible through the partnership established with Polkadot / Sunset Labs and São Paulo’s investment and export promotion agency, SP Negócios.

“The partnership between Polkadot and SP Negócios will contribute to the training of Blockchain Programmers and is open to bringing technology to companies in São Paulo, whether they are startups, small and medium-sized enterprises, or large corporations seeking to invest in or adopt the technology,” says Gustavo J. Massena, Decentralized Business Developer at Polkadot.

The program is free and will be available online, open to companies in São Paulo. Registrations will soon be available through SP Negócios, and no prior qualifications are required.

The partnership with Polkadot is part of SP Negócios’s strategy to boost the business environment within the crypto economy sector, reinforcing São Paulo as a hub of technology and innovation. Blockchain plays a transformative role in various areas, including decentralized finance, asset tokenization, NFTs, and more. By promoting the training of qualified professionals, SP Negócios seeks to attract investments, foster new startups, and solidify the city as a reference in adopting and developing blockchain-based solutions.

About SP Negócios

SP Negócios is an autonomous social service aimed at boosting investments and business in São Paulo. It is linked to the Municipal Secretariat of Economic Development and Employment. The goal is to help São Paulo-based companies conduct more business through exports, innovation and technology, public sector engagement, and improvement of the business environment.

About Polkadot

Polkadot is an open-source, multichain sharing protocol that facilitates the transfer of any type of data or asset, not just tokens, between networks, making a wide range of blockchains interoperable.

Contact

Polkadot
São Paulo
www.viracomunicacao.com.br
claudia.carnevalli@viracomunicacao.com.br

Miami, Florida, November 5th, 2024, Chainwire

FLOKI is thrilled to announce its latest marketing push, a four-week campaign at the iconic WAFI Mall in Dubai. 

From November 8 to December 5, FLOKI’s brand presence will light up 18 digital screens across one of Dubai’s most renowned shopping destinations, marking a major part of our larger Dubai takeover initiative.

WAFI Mall draws an average daily foot traffic of approximately 19,500 visitors, providing FLOKI with the opportunity to reach a high volume of shoppers each day. The mall spans 2.5 million square feet, with 860,000 square feet dedicated to retail, housing over 300 diverse stores that blend international brands with unique local boutiques.

The 18 digital screens are strategically positioned throughout the mall, ensuring that FLOKI’s campaign achieves maximum visibility. These screens are set in high-traffic areas and prominent locations within WAFI Mall, making FLOKI hard to miss for every shopper passing through.

About WAFI Mall

WAFI Mall, open since the early 1990s, holds a special place in Dubai’s retail landscape as one of the city’s first large shopping complexes. The mall’s unique Egyptian theme sets it apart, with elaborate sphinx statues welcoming visitors at the entrance, pharaoh sculptures, and intricate stained-glass pyramids that adorn the mall’s interiors. This decor transports visitors to a world inspired by ancient Egypt and is a major draw for locals and tourists alike.

WAFI Mall also hosts cultural events, exhibitions, and a light and sound show that further enhance the shopping experience. Notable family-friendly features include KidZania, making it a popular spot for visitors of all ages.

In addition to its shopping attractions, WAFI Mall offers an impressive array of dining and wellness options. 

Popular dining spots include Italian café Biella, Indian eatery Asha’s, and upscale wellness options such as Cleopatra’s Spa and Pharaohs’ Club. Adjacent to the mall is the five-star Raffles Dubai, known for its Egyptian-inspired architecture and award-winning afternoon tea at Raffles Salon. Other accommodation options nearby include Sofitel Dubai The Obelisk, Arabian Park Hotel, and Wafi Residence, ensuring a steady flow of high-profile guests and tourists to the area.

About Floki

Floki is the people’s cryptocurrency and utility token of the Floki Ecosystem. Focused on utility, community, philanthropy, and strategic marketing, Floki is working toward becoming the world’s most recognized and used cryptocurrency. With over 490,000 holders globally, Floki has already established a strong brand presence. Users can learn more at floki.com.

YouTube | Telegram | Instagram | TikTok | Discord | Facebook | Reddit | Twitch | Valhalla

Contact

Community Relations Officer
Pedro Vidal
Floki
Marketing@floki.com

NY, United States of America, November 5th, 2024, Chainwire

Leading DeFi Market Maker Seeks New Clients Amidst Technological Advancements

Xinteria, a pioneering decentralized finance (DeFi) company specializing in market making, announces that it has surpassed $1 billion in trading volume. This significant milestone demonstrates Xinteria’s role in shaping the DeFi landscape and its commitment to innovation in financial markets.

Building on this achievement, Xinteria has unveiled a suite of cutting-edge market-making technologies designed to enhance liquidity and efficiency across decentralized exchanges. These advancements position the company at the forefront of DeFi innovation, offering services to clients worldwide.

Xinteria’s new technology incorporates advanced algorithms and real-time analytics to optimize trading operations. This results in improved price stability and reduced slippage, benefiting traders and platforms within the DeFi ecosystem. The company’s solutions are tailored to meet the evolving needs of exchanges, token projects, and institutional investors navigating the complex DeFi landscape.

“As we celebrate surpassing $1 billion in trading volume, Xinteria remains dedicated to driving innovation in decentralized finance,” said gdeanr, CEO of Xinteria. “Our advanced market-making technology sets a new standard for liquidity provision, and we are eager to extend our services to new clients seeking to excel in the DeFi space.”

Xinteria is actively seeking new clients to leverage its state-of-the-art technology and expertise. The company offers comprehensive market-making services that empower clients to achieve greater efficiency and success in their trading activities.

About Xinteria

Xinteria is a leading DeFi company specializing in market-making services. Founded in 2020, the company leverages advanced technology and deep industry expertise to provide liquidity solutions across multiple decentralized platforms. Xinteria is committed to fostering innovation and efficiency in the DeFi space, offering clients exceptional service and strategic insights.

Contact

Press
Xinteria
press@xinteria.com