Singapore, Singapore, July 17th, 2024, Chainwire
Venom Foundation is pleased to announce the listing of its native token, $VENOM, on Deepcoin Spot and Perpetual Futures markets. This development marks the next step in Venom’s global expansion strategy, particularly with Deepcoin’s strong presence in Asia.
Key Highlights
Deepcoin’s Market Position
Deepcoin is ranked among the Top 10 derivatives exchanges by CoinGecko. The exchange supports over 10 million users globally and records a daily trading volume of approximately $10 billion, encompassing both spot and derivatives markets.
Strategic Importance
The listing represents another step in Venom Foundation’s strategic plan to expand its global footprint and enhance its market presence. By securing a spot on Deepcoin, Venom is not only increasing its accessibility but also strategically positioning itself within a leading exchange renowned for its strong presence in the Asian market.
Continued Growth
This marks Venom’s third listing in recent weeks, showcasing growing global adoption and increasing interest from centralized exchanges. With these recent listings, Venom is now accessible to an additional 40 million more users worldwide. This increased visibility and accessibility are important milestones for Venom, contributing to broader awareness and further establishing Venom’s presence in the global market.
Leadership Perspectives
“Listing on Deepcoin is a strategic advancement in our global expansion efforts,” stated Christopher Louis Tsu, CEO of Venom Foundation. “Securing approval for Perpetual Futures trading on Deepcoin reflects our commitment to offering a diversified trading experience for users, enhancing awareness and providing additional opportunities for our expanding community.”
Deepcoin’s Statement
“We warmly welcome Venom getting listed on Deepcoin and look forward to seeing our users benefit from this new opportunity,” said Ego Huang, Founder and CEO of Deepcoin, “The listing of Venom aligns perfectly with our mission to provide our users with access to the most innovative and promising crypto assets in the market. Venom’s unique features and strong community support make it a valuable asset for our platform. At Deepcoin, we will continuously expand our offerings and enhance the trading experience for our global user base.”
About Venom Foundation
Venom is a cutting-edge layer-0 and layer-1 network, seamlessly integrating with other independent networks through innovative Mesh technology. Anchored by a masterchain for overall state and consensus management, Venom supports unlimited autonomous workchains for user accounts, smart contracts, and dApps. Mesh technology optimizes inter-chain communication, ensuring speed and scalability. With rapid finality, comprehensive security, stability, and user-friendly interfaces, Venom is ideal for hosting CBDCs and large-scale platforms.
For more information, users can visit https://venom.foundation
Contact
Venom Foundation
media@venom.network
Berlin, Germany, July 17th, 2024, Chainwire
WienerAI (WAI), a new meme coin featuring AI technology, has just passed the $7.5 million milestone in its ongoing presale phase. The presale will conclude in two weeks, at which point WAI tokens will debut on the open market.
WienerAI Presale Countdown Begins Ahead of Planned DEX Listing
WienerAI’s presale has entered its final stage. The presale passed the $7.5 million mark earlier today, with 14 days left. Investors can purchase WAI tokens for $0.00073 each using ETH, USDT, BNB, or a credit/debit card.
WienerAI’s team has set aside 30% of the total 69 billion token supply for presale participants. This strategy ensures a wide distribution of tokens before WienerAI officially launches. WienerAI’s whitepaper notes that the developers plan to list WAI on a decentralized exchange (DEX) post-presale. No specific DEX has been chosen yet, and no launch date has been revealed. However, 10% of the WAI supply will be used to provide exchange liquidity.
Prospective investors can keep up to date on the latest WienerAI announcements by joining the project’s Telegram channel.
WienerAI’s AI-Powered Trading Bot Assists Investor Decision-Making
WienerAI’s team aims for WAI to be more than just a no-utility meme coin. It will fuel an AI-powered trading bot designed to simplify crypto investing for users of all experience levels. The bot uses natural language processing – allowing users to interact with it as they would with a human. Users can ask the bot questions about market trends, potential investments, or trading strategies. It then analyzes market data to provide insights and recommendations.
Ultimately, the bot is designed to level the playing field and give retail investors access to tools typically reserved for professionals. Investors will require WAI tokens to use the bot. However, investors can also stake their tokens to earn rewards over time.
In a recent video, YouTube personality Oscar Ramos praised this trading bot/staking combination. Ramos also discussed how WienerAI’s blend of AI and meme coin characteristics seems to have caught the attention of early investors.
About WienerAI
WienerAI is a new cryptocurrency project combining meme culture with AI technology. The project’s main feature is an AI-powered trading bot designed to assist users with crypto trading decisions.
Prospective investors can visit the WienerAI presale here.
WienerAI is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
Contact
WienerAI
support@wienerdog.ai
Majuro, Marshall Islands, July 16th, 2024, Chainwire
Multipool, a leading innovator in the blockchain and cryptocurrency industry announces strategic partnership with Tokinvest with the goal of transforming tokenized real-world asset trading. This partnership aims to take real-world asset (RWA) trading to the next level with an end-to-end dual market solution for RWA token offerings, secondary market trading, and liquidity provision.
The partnership between Multipool and Tokinvest represents a key advancement in the tokenized RWA ecosystem. Our collaboration will harness RWA tokenization and trading to enhance financial inclusion, transparency, and liquidity for investors.
Working with the best
Together, Multipool and Tokinvest will centralize liquidity pools using decentralized technology, reducing market-making costs. Additionally, the goal is to create global portability for RWAs, enabling listings on the Tokinvest centralized marketplace and regulated platforms worldwide through the decentralized Multipool protocol.
“We’re thrilled to be collaborating with the RWA industry powerhouse Tokinvest, the first RWA exchange to leverage the groundbreaking decentralized capabilities of the Multipool protocol. Multipool centralizes currently dispersed liquidity with the potential of a globally shared order book, making it the ideal platform for Tokinvest to thrive.” – Steve Murray, Core Contributor at Multipool.
“We are excited to partner with Multipool to develop a robust dual-market solution for real-world assets. By integrating our centralized trading platform with Multipool’s decentralized infrastructure, we can offer enhanced liquidity for the secondary market trading of tokenized real-world assets.” – Scott Thiel, CEO of Tokinvest.
Looking forward
Secondary trading for tokenized real-world assets requires a new approach. Acting as an infrastructure partner, Multipool’s groundbreaking protocol opens the path for accelerated growth of this trillion-dollar market. Multipool’s fully on-chain order book and matching engine permit shared liquidity across trading venues. For a full demonstration of how the Multipool protocol works, users can contact Multipool’s press department listed below.
To learn more about Multipool and its features, users can visit:
Website – www.multipool.finance
Telegram – t.me/multipoolfi
CMC-Community – https://coinmarketcap.com/community/profile/multipool/
About Multipool
Multipool is a cutting-edge decentralized exchange (DEX) transforming the trading landscape for real-world assets (RWAs) and cryptocurrencies. Multipool is designed for fairness and equality, featuring a fully decentralized on-chain order book, deep liquidity through dynamic bracket pools, and seamless trading of RWAs and cryptocurrencies. Utilizing world-class innovations including industry-first FIX APIs, low latency networks, zero price impact auctions, trustless RFQs, peer-to-peer repo lending, and MEV bot protection, Multipool sets a new standard in DeFi trading. Experience unparalleled efficiency and security in your trading journey with Multipool – The DEX with CEX appeal.
https://www.multipool.finance/
About Tokinvest
Tokinvest is a pioneering marketplace that connects real-world asset issuers with investors globally. Our advanced platform simplifies the investment process by creating virtual tokens representing rights to assets and providing comprehensive lifecycle services from ideation to trading to asset servicing. Headquartered in Dubai, we leverage the region’s favourable regulatory environment to offer all investors access to the most desirable assets.
Contact
Public Relations Manager
Angie Hermosa
Multipool
press@multipool.finance
Singapore, Singapore, July 16th, 2024, Chainwire
PEXX, a pioneering fintech startup specialising in cryptocurrency and blockchain technology, today announced the successful closure of a $4.5 million seed funding. This significant investment will propel the development of the company’s innovative stablecoin-to-fiat payment platform, set to revolutionise the way people transfer currencies across borders.
The funding included 1 round led by TNB Aura, with participation from global early-stage VC Antler, plus further strategic investment from EMO Capital, early backers of Filecoin and other notable VC and crypto investors highlighting strong investor confidence in PEXX’s vision and potential.
PEXX’s payment platform allows users holding stablecoins from Tether (USDT) and Circle (USDC) to transfer their assets directly to a bank account globally. This platform will enable individuals and businesses to transfer value across borders with ease, without the need for intermediaries or bank accounts.
“We’re thrilled to have secured this significant funding, which will enable us to further develop our stablecoin-to-fiat payment platform,” said Marcus Lim, CEO and founder of PEXX. “The growth for stablecoins is exponential and we expect to see the demand from users who want to convert their USDT and USDC directly to a bank account to grow accordingly as stablecoins become more ubiquitous over the coming years.”
The funding will be used to bolster the company’s engineering and product teams, as well as to expand its marketing and business development efforts, starting in Southeast Asia.
In addition to funding, EMO Capital, a research-driven investment player, will look to support PEXX in its Web3 marketing, branding, and strategic partnership efforts and play a pivotal role in its business expansion, scaling , and user acquisition.
Angelina Tu, co-founder at EMO Capital said, “While many are building to bring traditional Internet users into the Web3 world, PEXX is building a compliant, respected, and protected bridge between the Web3 world and the real world, giving everyone a swift and easy access to converting their digital assets into their everyday purchases. This is what everyone in the Web3 world needs and where PEXX finds EMO’s staunch support.”
Vicknesh R, Partner at TNB Aura said, “PEXX addresses a critical need in the B2B cross-border Web3 payments space. With Marcus at the helm, we are excited to support their journey in transforming the financial landscape,” said Vicknesh R Pillay, Founding Partner of TNB Aura.
“We are excited to back PEXX as they build a transformative platform that bridges the gap between stablecoins and traditional banking. Their approach to simplifying cross-border payments align perfectly with our vision of fostering innovative fintech solutions,” said Jussi Salovaara, Co-founder and Managing Partner at Antler.
The AUSTRAC registration, obtained in May 2024, ensures that PEXX adheres to the regulatory standards, allowing PEXX to operate as an independent remittance dealer and digital currency exchange provider. This achievement underscores PEXX’s commitment to stringent compliance, robust security measures, and fostering customer trust.
PEXX offers a seamless solution for users and businesses to convert stablecoins (USDT and USDC), into 16 different fiat currencies. PEXX enables direct transfers into bank accounts, streamlining the crypto-to-fiat conversion process and allows users to send money to bank accounts in minutes instead of days with traditional banking solutions. To date, the platform has transacted close to US$3,000,000 and onboarded customers and businesses ranging from Web3 companies, exchanges and media companies
About PEXX
PEXX is a pioneering stablecoin cross-border payment platform that simplifies global money transfers. By offering secure, fast, and cost-effective solutions, PEXX enables users and businesses to off-ramp stablecoins like USDT and USDC to fiat in 16 currencies directly into bank accounts. PEXX’s innovative platform bridges the gap between traditional finance and the world of cryptocurrencies, making global money transfers seamless and efficient.
Users can reach out to PEXX’s community managers for help: https://t.me/PEXXOfficial
Contact
PEXX Marketing Team
PEXX Technology Pte Ltd
marketing@pexx.com
Dubai, United Arab Emirates, July 15th, 2024, Chainwire
Flare, the layer 1 blockchain for data, is delighted to announce that the SparkDEX team has chosen to deploy its advanced decentralized finance hub on the network, featuring an AMM and perps protocol. In doing so, SparkDEX will leverage Flare’s enshrined data protocols for decentralized data access.
The SparkDEX DeFi Hub is a “friendly fork” of the successful QuickSwap decentralized exchange on Polygon, and is supported by the QuickSwap team. It incorporates a high-performance DEX with a cutting-edge on-chain perpetuals platform that allows trades with up to 100x leverage. More advanced AI components and DeFi strategies will be added in future as the SparkDEX team continues to execute on its roadmap and vision.
5% of the SparkDEX total token supply has been allocated as an airdrop to reward early participants on the platform. 40% of this will be available for existing QuickSwap users. Flare and SparkDEX will also be added to the QuickSwap website network selector menu.
Anita Ng, BD Representative at SparkDEX, comments: “As a high-performance DeFi ecosystem looking to harness the most advanced infrastructure available in the industry, the SparkDEX team strategically selected Flare to leverage their enshrined data protocols. Flare’s comprehensive approach to data management sets its ecosystem apart as the go-to blockchain for data, which will support further innovation and data-driven decision-making on SparkDEX. This marriage of bleeding-edge DeFi with data interoperability from Flare will make a powerful combination.”
The flagship offering on SparkDEX DeFi Hub will be the V2 Perpetuals Exchange, launching later in July and taking advantage of the upgraded Flare Time Series Oracle (FTSO) for real time price feeds to protect against front running and false liquidations. It supports up to 100x leverage, with a range of possible order types, including a unique trailing stop loss feature to help traders protect their positions.
SparkDEX’s Chain Abstraction mechanism aggregates the major perpetual DEXES across 12 chains, including Arbitrum, Optimism & Polygon, and efficiently settles orders by selecting the most favorable route and rate for each trade. Powered by LayerZero, the general message passing network that recently integrated Flare, this abstraction mechanism will ensure users receive the best possible execution from their chain of choice. The DEX will initially offer perpetual futures positions on digital assets, adding commodities and forex once the relevant data feeds are live on Flare’s enshrined oracle, the FTSO.
SparkDEX V3 DEX, now live at https://SparkDEX.ai/, provides access to crypto trading pairs with ultra-competitive liquidity incentives, a generous revenue-sharing model where DEX fees are shared with token stakers, and comprehensive liquidity management. Supported by the Flare network’s new DeFi emissions program, industry-leading rewards are already available on the wFLR-sFLR and wFLR-USDX pools with more to be added in the coming weeks.
“After the recent community approval of the new Flare DeFi emissions program and the integration of LayerZero V2, the launch of SparkDEX is another huge milestone in the rapid advancement of Flare’s DeFi ecosystem. We look forward to seeing significant liquidity inflows into their pools and how that will accelerate the growth of DeFi on Flare. The launch of their perps DEX is going to be particularly exciting” said Flare Co-Founder Hugo Philion.
About Flare
Flare is the blockchain for data: an EVM smart contract platform specifically designed to support data intensive use cases, including Machine Learning/AI, RWA tokenization, gaming and social. With decentralized, enshrined oracles secured at the network layer, Flare is the only smart contract platform optimized for decentralized data acquisition – price & time series data, blockchain event & state data, and web2 API data. By giving developers trustless access to the broadest range of data and data proofs at scale and for minimal cost, Flare expands the utility of blockchain and supports the development of new and improved use cases.
Website | Twitter | Telegram | Discord
About SparkDEX
SparkDEX is pushing the boundaries of DeFi innovation by combining the apex of available DeFi products, the latest DEX tech, next-gen perps including digital assets, commodities & forex with up to 100x leverage, and the exciting world of emerging AI tech. SparkDEX delivers a unique experience that promises to reshape the way users think of DeFi on Flare.
Website | Twitter | Telegram | Discord
Contact
Dasi Kaplan
pr@marketacross.com