Author: chainwire

Dubai, UAE, September 12th, 2023, Chainwire

Unveiling a new era in cryptocurrency trading, LeveX brings to the fore an unprecedented integration of social trading into its platform, fostering a vibrant and connected trading community. Beyond this landmark feature, LeveX also offers a plethora of innovations, enhancing the trading experience like never before.

LeveX: A Leading Edge in Cryptocurrency Exchanges

At its heart, LeveX presents itself as a superior cryptocurrency exchange platform that provides a robust, fast, and efficient interface for trading. Users have access to a wide array of spot and derivatives pairs, including prominent ones like BTCUSDT, ETHUSDT, and LTCUSDT among others, creating an ample scope for diverse trading opportunities. Coupled with professional perpetual contracts offering up to 100x leverage, LeveX stands on par, if not ahead, of other leading exchanges in the crypto landscape.

However, what sets LeveX apart is its pioneering leap beyond the conventional trading experience. The platform does not merely match industry standards but goes beyond to provide additional, unprecedented features. These unique offerings bridge the gap between trading and community engagement, leading to its next innovative feature: Social Trading.

Social Trading Reimagined: Trading, Sharing, and Thriving Together

LeveX introduces a revolutionary social content feed directly integrated into users’ dashboards, akin to Twitter, yet optimized for the crypto trading ecosystem:

• Transparent Trading Posts: Influential Traders can share detailed transaction information, such as pairs traded, quantity, direction, price, and date. Media, videos, and specific trade IDs are shareable for seamless follower interaction.
• Custom Tournaments: Both platform-wide and exclusive tournaments created by Top Traders for their followers, with incredible prize pools.
• Custom Funds Creation: Leading traders can curate specific altcoin funds, allowing followers to view details and invest directly.
• Native Analytics Tools: LeveX plans to introduce analytics and data within the platform to provide equal knowledge and access for all users.
• Trader-Influenced Platform Choices: Recognizing the invaluable insights and preferences of its user base, LeveX has integrated a voting system tied to trading volume. Users earn voting power proportionate to their trading activity, allowing them a say in pivotal decisions of the platform. Whether it’s casting a vote for the next cryptocurrency to be listed, suggesting novel trading tools, or recommending feature implementations, traders can actively shape their LeveX experience, reinforcing the community-centric approach of the platform.

The innovation of LeveX’s social trading stems from the seamless integration of its unique features. This distinct platform eliminates the prevalent fragmentation in the crypto trading community. It no longer requires prominent traders to maintain a presence across various platforms, creating a centralized hub for them to grow their following, share their insights, and directly engage with their followers through custom tournaments and funds.

For users, this cohesiveness amplifies their trading experience as they are equipped with more information and choices than ever before. It’s as simple as logging in to see what their trusted veteran trader is doing, copying a trade, or joining a fund or tournament — all in real time. Plus, the forthcoming analytics tools, typically available through separate subscriptions, will now be integrated into the platform and accessible for free.

The cumulative effect of these innovations is a robust and inclusive platform that harmonizes social interactions and trading activities. LeveX thus provides a stronger edge and enhanced opportunities to its users, cultivating an environment where everyone has a chance to thrive.

The LeveX VIP System and Pioneer Phase Campaign

Distinguishing itself from the industry norm, LeveX offers a VIP System with an unprecedented 25 levels of exclusive rewards, allowing traders of all volumes to reap substantial benefits. The perks culminate at VIP25, where spot fees are waived entirely, and traders have the chance to win up to $500,000 in a lucky draw.

In conjunction with the VIP system, LeveX is planning a Pioneer Phase Campaign for the platform’s inaugural period. The campaign will consist of multiple rewarding events that encourage and allow users to trade, test, and report feedback, generously rewarding these inaugural platform pioneers with a total of $90,000 for their contributions.

1. Top Traders: A Volume-Based Leaderboard with a reward pool of $30,000 USDT, incentivizing active traders and harnessing the energy of competition to refine the platform’s robustness.
2. Feedback Champions: An interactive program inviting users to share invaluable feedback, with a chance to partake in a $10,000 USDT lucky draw prize pool. This embodies their belief in co-creation, valuing the insights from those they serve.
3. Bug Bounty Hunters: A reward initiative with a pool of $50,000 USDT, targeting different aspects like Spot trading, perpetuals trading, and more. It exemplifies the commitment to excellence and trust in the community to help achieve it.

Whether it’s through active trading, providing valuable feedback, or identifying system bugs, LeveX recognizes and rewards the combined efforts that go into refining its platform. This initiative is a testament to LeveX’s core vision: creating a collaborative trading ecosystem, where innovation is fueled by collective insights and effort. The final systems that will enable this campaign are under development, but users should keep a keen eye on all channels for the eventual announcements. 

Users are welcome to become a part of a thriving community and register now at: https://levex.com/en/register

About LeveX

LeveX is a cutting-edge cryptocurrency exchange designed to empower every trader. The platform brings together state-of-the-art trading tools, game-changing social trading features, and an unwavering commitment to transparency, fairness, and inclusivity. Born out of the frustrations experienced by traders on traditional platforms, LeveX redefines the crypto trading landscape by prioritizing user needs and bridging the information gap between professionals and everyday traders. With a strong community focus, LeveX fosters an environment “Where Traders Thrive Together,” delivering an unmatched crypto trading experience that puts traders first.

Contact

PR Manager
Jason Caldwell
LeveX.com
pr@levex.com

London, United Kingdom, September 12th, 2023, Chainwire

Chancer has released their first product update, aligning with the exciting vision laid out in their whitepaper. This accompanies the rapid trajectory of the presale raise, which accumulated over $1.7M – with the few remaining tokens at this stage priced at $0.011 before the raise enters Stage 3 and increases by 9% to $0.012. 

The update covers crucial progress on betting mechanics, user profiles, leaderboards, and how social sharing will work in the app.

Chancer’s Head of Product, Paul Kelbie, stated:

“I am delighted to see the progress made by the development and UX teams here. This is a complex build with a range of exciting features. With this foundational work complete we can begin work on the second phase of the product development in advance of our beta. Suffice to say the team is hugely excited and the community is buzzing! Can’t wait to crack on!”

Chancer has raised over $1.7m, with only $300k remaining in Stage 2 before the price will increase by 9% per token. Users can buy Chancer here.

Chancer’s unique betting mechanics provide the foundation for its success

Chancer’s betting mechanics cover two approaches to betting:

1. Conventional’ betting, e.g. betting on the outcome of an NBA game or known global event like an election.
2. Social betting also known as P2P betting is a friendly competition between two tennis players or a weight lifting contest at the local gym. 

The latter has been one of Chancer’s most talked about USPs as it lets people bet each other on anything verifiable, opening up enormous possibilities for everyday scenarios.

Initial development focused on private bets (ringfenced to the bettor and whoever is added) versus public betting that can be livestreamed and is next in line for the development team. 

The product team will also deliver data validation with nodes that will let people bet on global events like the NBA game mentioned above so that betting outcomes are clear and actionable in terms of payouts.

To support a multitude of use cases from social betting to globally-broadcasted bets – the Leaderboard UI is also well underway. This will allow bettors to broadcast their winnings within their social groups as well as gain a reputation with a global community of Chancers.

In support of the Leaderboard feature, the UI team has also completed work on user profiles through which bettors will engage with private and public contests.

The Social Sharing feature, powered by Google’s WebRTC technology allows Chancers to broadcast bets and create viral trends. Anyone can get involved, as long as they meet the minimum liquidity required to match their odds. 

In celebration of the first UI and UX milestones the team is showcasing their progress on the website product page and has announced a series of imminent updates including AMAs with the community throughout September. More details will be shared on the company socials.

Stage 2 nears sell out as investors buy into ‘the future of betting’

Chancer is climbing the ranks on a number of 3rd party best crypto lists. Namely the release of the first product updates and the hype around Chancer driving not only substantial interest in the crypto community.

With Stage 2 set to complete imminently, each token is currently priced at $0.011, which will rise to $0.021 by the end of the presale, so users getting in at the earlier tranche will get almost twice the amount of tokens against their project funding.

With a well-planned path towards success, the momentum of Chancer is growing. The comprehensive roadmap and the potential to become a real disruptor to the gambling industry solidify the long-term potential of the platform.

About Chancer

Chancer is set to develop the world’s first decentralized social betting platform. This will allow Chancer token holders to create, and participate in their very own bets based on their interests, expertise and social opportunities.

The project intends to disrupt the global gambling and betting market by ‘removing the house’ and taking a slice of the market share as it garners attention by challenging the traditional bookmaking and betting business model.

For more information: Website | Whitepaper | Socials

Contact

CEO
Adam Kelbie
Chancer
press@chancer.com

Dubai, United Arab Emirates, September 8th, 2023, Chainwire

The company previously known as First Stage Labs is rebranding as The Open Platform (TOP) today. This strategic move aligns the name and mission of the company with those of its blockchain partner, TON Foundation. The business will be restructured as part of the rebrand. This will include merging with the team behind Wallet, the crypto application seamlessly integrated into Telegram Messenger.

TOP is committed to putting Web3 into the pockets of people worldwide, fostering genuine ownership, and creating new economies through the massive distribution and radical simplification of blockchain services. Wallet will lay the foundation to make this vision a reality. Initially introduced as a bot within Telegram, Wallet has evolved into a comprehensive app and platform enabling people to manage their digital assets as easily as sending a message. The development of Wallet has been accelerating over recent months as the team prepared to launch exciting new products. A service for merchants in Telegram was launched in July, and an invite-only developer beta was launched in August for its upcoming self-custodial wallet product, TON Space. Since it was announced, over 1000 developers have joined the beta, with a public release anticipated later this month.

“Today, with a clear vision, a strong team, established partnerships, and secured resources, we are ready to bring Wallet and the entire TON ecosystem to the world. We anticipate that Wallet will propel global crypto adoption to an unprecedented level,” says Andrew Rogozov, CEO of TOP and Wallet. “The Open Platform is well funded, with First Stage Labs having secured significant investment upon its creation from our partners. Together, we share the conviction that the synergy of The Open Network’s blockchain and the Telegram Messenger will serve as an unparalleled catalyst for the next phase of the Web3 ecosystem’s growth”. 

TOP Labs, the venture-building division of The Open Platform, will continue the strategy of its predecessor, First Stage Labs. TOP Labs’s existing portfolio includes several TON-based startups, such as the non-custodial wallet Tonkeeper, Open Builders community management tools, and the NFT marketplace Getgems amongst others. “The rebranding also vividly illustrates our growth approach – fostering an open platform paradigm that creates a flywheel for everyone building on top of our products and utilizing Toncoin as a native asset,” — said Andrey Klebanov, Managing Partner of TOP Labs. 

Andrew Rogozov, CEO of TOP and Wallet companies

Ex-CEO of VK.com, the largest social network in Eastern Europe. Andrew led the company for seven years, from 2014 to 2021, and scaled it from 50 employees to a team of almost 1,200. The company’s revenue increased 8x during his tenure, keeping the leadership in user engagement in a very competitive market. In January 2022, Andrew resigned from VK, joined the TON Foundation as a founding member, and founded First Stage Labs. In 2023 FS Labs merged with Wallet inside Telegram and rebranded and restructured, creating the newly formed company The Open Platform in the process.

Andrey Klebanov, Managing Partner, TOP Labs

Andrey Klebanov has over a decade of experience in investing and venture building. He is a Techstars alumnus, and an OnDeck fellow, passionate about developing the next generation of Web3 projects. Previously Managing Partner of First Stage Labs, Andrey has been responsible for securing multi-million dollar deals for numerous businesses across multiple sectors, helping to scale the brightest ideas and bring the best products to market. Eager to involve himself in projects’ beginnings and their culmination, Andrey has a demonstrable background in delivering success for Web3 startups.

Contact

For further information, please contact press@top.team

Contact

The Open Platform
press@top.team

London, United Kingdom, September 8th, 2023, Chainwire

One Trading, the crypto asset exchange formerly operating under the Bitpanda Pro brand, today announced its new product, Instant Trade.  

Having recently raised €30M and fully separated from Bitpanda, Instant Trade is another step forward for One Trading as it diversifies its offering and establishes its footprint as a household name providing crypto assets to both retail and institutional investors in Europe. 

With backers including the likes of Peter Thiel’s Valar Ventures, MiddleGame Ventures, Speedinvest, Keyrock and Wintermute Ventures, One Trading is drawing a lot of attention. 

Led by TradFi heavyweight and ex-JP Morgan exec Josh Barraclough, One Trading aims to address the lack of regulated venues in Europe by offering more sophisticated crypto products, including derivatives and spot trading, to both institutions and retail customers. With many traditional finance players lacking experience in the crypto market, there is a significant gap in providing long-term product confidence and success. 

The latest product being launched is Instant Trade. Josh had the following to say about Instant Trade: “We’re really excited to be unraveling our latest product, Instant Trade, which brings our OTC product, typically reserved for institutional clients, to all customer types. Our customers can now trade 100+ pairs between crypto-assets and fiat seamlessly with great fiat on and off ramps at the click of a button, and commission-free trading. Most brokers charge a dealing fee when customers buy or sell assets, however, Instant Trade will have 0% commission, meaning there is no additional dealing fee charged on Instant Trade aside from the market spread applied. We’ve built up a deep pool of liquidity with a range of partners over the years, which everyone can access without having to trade hundreds of millions a day or hold ecosystem tokens. 

We have a simplified, really easy to use UI and customers can even trade up to ten million euros in one trade. We’ll also be regularly adding new assets and our customers can rest assured that with our VASP license, we are a safe, secure, and regulated service, for anyone that isn’t a customer, you can test out Instant Trade on our website and compare our prices.

We’re really excited to hear feedback from our customers so do let us know what you think via our socials and community channels. We will also be releasing an article on the One Trading blog page specifically about Instant Trade, so keep an eye out for that on the website.”

“We want to make crypto trading safe and accessible for all and bridge the gap to provide an institutional-grade platform for all customer types. We have been rolling out a rebrand and a number of big infrastructure changes. We will be going live shortly with what we believe to be the fastest and most scalable exchange (< 250-microsecond order create/cancel) based on real-world metrics available to a shared retail and institutional audience. We aim to become a utility for large liquidity providers to exchange unlimited amounts of risk under a membership model instead of pay-per-trade and have low fees and deep books for retail with a number of liquidity protections. We will then start listing more products with appropriate controls and vetting as we move into derivatives. Above all we want a regulated, institutional-grade platform where people feel safe to trade with unique product options”. Josh Barraclough, CEO, One Trading.

INTERVIEW WITH ONE TRADING CEO, JOSH BARRACLOUGH

One Trading intends to operate as a MiFID Trading Venue, which will augment its existing VASP license, and would allow its platform to offer capital-efficient spot and derivative products for all customer types. It also offers a higher level of protection for customers who will be vetted through stringent anti-money laundering (AML) and Know-your-customer (KYC) procedures as well as client appropriateness checks. The full-scale MiFID license will also allow One Trading to list financial instruments – removing the debate over whether a DLT asset is a token or a security – and will permit new products to be designed from the ground up with appropriate vetting, transparency and customer protection in mind. 

One Trading’s platform also offers access to a high-touch and secure OTC trading service, enabling high-net-worth individuals and institutions access to a wide range of digital assets, with competitive fees, and deep pools of liquidity.

About One Trading

The One Trading team is based and headquartered in Europe with offices across Amsterdam, London, Milan, and Vienna. One Trading is regulated in the EU and has built its product and venue to meet the needs of European customers. One Trading’s mission is to bridge the gap between crypto and traditional asset trading with a single regulated trading platform for all customer types and all products.

Users can learn more about One Trading at their website: www.onetrading.com and for more updates, follow the One Trading social channels via Linktree.

Contact

Marketing Contact
Andy Keelaghan
One Trading
info@3webdigital.com

London, United Kingdom, September 7th, 2023, Chainwire

Bumper, a decentralised finance (DeFi) protocol, today launched its crypto options killer. The equation that underpins the protocol, promises jaw-dropping improvements over traditional Black-Scholes option desks, undercutting the market leader Deribit, by an average of 30% and set to disrupt a $13 trillion market. 

Bumper’s innovation is the culmination of a three-year research and development programme, backed by $20m in early funding, and collaboration with the Swiss Center for Cryptoeconomics, known for work on Synthetix, and coded by renowned developers Digital Mob, who previously worked on protocols such as Barnbridge, Gnosis and Filecoin.

The result is a protocol that undercuts traditional options desks by one-third, while paying between 3-18% APR to Liquidity Providers (LPs) that supply USDC to the protocol. Early adopters of the protocol will also share in $250,000 worth of incentives, by either protecting their ETH or earning on their USDC.

Bumper’s Co-founder and CEO, Jonathan DeCarteret, says “Bumper removes the downside volatility of a user’s crypto tokens, paving the way for them to take leveraged positions with zero-liquidation risk. That in itself is a major breakthrough, but when you consider it’s on average 30% cheaper than the market leader, the value proposition becomes crystal clear.”

The protocol charges a premium which is calculated incrementally during the term, based on a combination of market conditions, protocol rebalancing and proximity to the user’s floor. This generates real yields for liquidity providers who realise returns ranging between 3-18% APR on average without the need to sell option contracts.

Until now, the methodology for calculating the price for hedging risk relied on the fifty-year-old Black-Scholes model, which has fuelled the $13 trillion options market.

“Fifty years is a long time in tech and although Bumper uses completely different inputs and a novel rebalancing mechanism, it is surprisingly correlated with Black-Scholes, but more efficient, even under the most volatile of market conditions.” said Mr DeCarteret.

Bumper has been deployed to the Ethereum mainnet, and is currently accepting deposits in ETH and USDC, with additional ERC-20 tokens and multi-chain support slated to be added to the protocol in rapid succession.

For more information on Bumper, including their early user rewards and incentives for rival DeFi options protocol users visit bumper.fi.

About Bumper

Bumper is a DeFi risk market that provides protection from downside volatility of crypto assets. Users buying protection set a price at which they wish to protect their crypto should the price fall, but they don’t lose out if the market heads upwards. Conversely, other users earn a yield by providing stablecoin liquidity to the protocol.

For more information, visit Bumper’s website, follow Bumper’s Twitter, and join the Bumper Discord.

Contact

CMO
Jason Suttie
Bumper
marketing@bumper.fi

Zug, Switzerland, September 6th, 2023, Chainwire

The Open Network Foundation (TON Foundation), the non-profit association supporting the growth of The Open Network (TON), announces its official launch as a Swiss non-profit organization. Switzerland is known for its rich history of technological innovations across multiple industries, including its clear and precise legal framework surrounding blockchain and cryptocurrency. The country’s regulatory clarity is vital to the long-term planning, strategy, and execution of TON Foundation’s mission in supporting the TON ecosystem.

“This marks the next chapter for the Toncoin community,” said Steve Yun, President of TON Foundation. “At the service of our community, TON Foundation will pursue strong governance and transparency under the guidance of Swiss regulations.”

The launch of TON Foundation’s Swiss organization coincides with a series of upcoming initiatives, including a carefully planned series of enterprise partnerships and integrations to incentivize developer acquisition, user participation, and network growth. By Q4 of 2023, a publicly available roadmap on the newly launched www.ton.foundation website will guide the Foundation’s endeavors to educate the public, empower development, and exercise ecosystem expansion on TON.

With the launch, the Foundation commits to providing detailed transparency reports that comprehensively outline the tokenomics of Toncoin and the historical distribution of tokens. These reports will offer insights into token issuance, partnership allocation, development, community incentives, and the breakdown of assets used for operational expenses and ecosystem growth.

As part of its ongoing commitment to openness and clarity, TON Foundation will host an annual event entitled Gateway to proactively listen to and engage with the TON community directly. We invite our community and partners to join us in person at Gateway to engage in productive discussions and collaborative initiatives across privacy, ownership, finance, gaming, collectibles, and tons more.

About TON Foundation

The Open Network Foundation (TON Foundation) is a non-profit organization founded in Switzerland committed to supporting The Open Network (TON). TON Foundation is 100% funded by the community and acts for the community to achieve TON’s mission.

For more information visit TON Foundation’s: Official Website | Linkedin | Twitter | Telegram

About The Open Network (TON)

The Open Network (TON) is putting crypto in every pocket. By building a Web3 ecosystem in Telegram Messenger, TON allows billions to own their digital identity, data, and assets. See more at https://ton.org/

Contact

TON Foundation
ton@theagencypartnership.com

Seoul, South Korea, September 5th, 2023, Chainwire

• Aims to create a vast ecosystem to drive common growth of global blockchains  
• Complete user-customized omnichain network to easily and conveniently utilize services across multiple blockchains
• All platforms and dApps are connected as one with blockchains bringing complementary strengths to the ecosystem

WEMIX has unveiled unagi, short for Unbound Networking & Accelerating Growth Initiative, which aims to construct an all-encompassing ecosystem that goes beyond the limitations of diverse blockchains by seamlessly integrating, connecting and encompassing multiple networks, fostering an environment where they coexist harmoniously. This need for an omnichain ecosystem that taps the potential for innovative synergy between blockchains is increasingly important amid the growing number and diversity of emerging blockchains.

Overcoming existing integration challenges 

Proposed by the WEMIX Foundation, the launch of unagi marks a pivotal turning point with the potential to overcome existing challenges. unagi is designed to accelerate the mass adoption of blockchain by seamlessly integrating diverse blockchains and services, helping to address the multifaceted challenges that arise during chain interactions, and providing a seamless immersion into a wide array of blockchain experiences. With unagi, you can transcend the boundaries between chains and experience integrated transactions and comprehensive asset management.

Core Mechanism

At its core, unagi accomplishes a highly accessible omnichain, spanning on-chain and off-chain domains, through a messaging protocol known as unagi(x). This protocol supports decentralized off-chain messaging in addition to on-chain messaging, surmounting the computational limitations associated with contracts running on specific blockchains.

This is achieved through a decentralized validation method, ensuring swift and secure transactions across heterogeneous chains that are completely reliable, both on-chain and off-chain. unagi enhances various aspects of blockchain activity, aiding in optimal route discovery for dApps, reducing fees, and supporting gas fee delegation services.

Connecting 8 major blockchains

Moreover, unagi(x) will initially support EVM networks and expand its compatibility to Non-EVM environments in the future, reducing entry barriers and enabling utilization of existing smart contracts. An initial group of 8 major blockchains are connected by unagi including Arbitrum, Avalanche, BNB Smart Chain, Ethereum, Kroma (WEMIX L2 project), Optimism, Polygon, and WEMIX3.0.

Core Applications

unagi’s core functionalities, supporting the omnichain, are accessible through the una Wallet, which provides a secure and speedy wallet authentication service that allows users to search and manage assets of various chains as if they were stored using a single wallet.

It facilitates access to the services of these chains swiftly and securely through robust authentication mechanisms, and enables efficient management of assets across various chains through one wallet. Notably, unagi’s authentication will not only utilize MPC technology but also introduce Account Abstraction for unprecedented authentication speed and ease of use.

• una Wallet: natively manage assets on multiple chains through one single wallet with easy utilization of complicated concepts such as gas fee, seed phrase, network, etc.
• unagi Swap: A service that provides high liquidity and stability, and low fees using various cross-chain protocols, enabling users to potentially utilize dApp services at the lowest cost.
• unagi Scan: Get easy and direct access to transaction histories of various chains. Transactions that occur both on and between chains can all be recorded and searched through unagi.

In addition to delivering user convenience, unagi will also provide support for partners and dApp builders using a Standard SDK/API that will simplify effective and efficient development of services for builders.

This will create an environment where disparate blockchain services and assets effectively become interwoven as part of a single massive ecosystem and achieve what was once deemed unattainable in cross-chain transactions.

Wemade showcases unagi at Korea Blockchain Week

Experience unagi up close and personal at the Wemade booth on-site from 5 – 6 September at The SHILLA Seoul during Korea Blockchain Week 2023. Wemade is returning as the main sponsor for IMPACT, the key event headlining this year’s KBW. You can also watch the introduction to unagi on YouTube or visit unagi’s official website for more information.

About WEMADE

A renowned industry leader in game development with over 20 years of experience, Korea-based WEMADE is leading a once-in-a-generation shift as the gaming industry pivots to blockchain technology. Through its WEMIX subsidiary, WEMADE aims to accelerate the mass adoption of blockchain technology by building an experience-based, platform-driven, and service-oriented mega-ecosystem to offer a wide spectrum of intuitive, convenient, and easy-to-use Web3 services. Visit www.wemix.com/communication for more information.

Contact

Global PR
Kevin Foo
WEMIX
kevin.foo@wemix.com

London, United Kingdom, September 4th, 2023, Chainwire

Veloce, the world’s largest digital racing media network, has just launched (10am UTC) its governance and utility token, VEXT, exclusively on ByBit, one of the global top leading centralized exchanges.

Users can head over to ByBit now by CLICKING HERE so they don’t miss out on the exclusive rewards and bonuses up for grabs! Users who don’t have a ByBit account can sign up here now!

This is a defining moment where users have the opportunity to be part of shaping the VEXT future. Veloce appreciates the support of all its users; more exciting news coming soon!

Website | Telegram Group | Telegram Channel | Twitter | Discord | Instagram | YouTube | CoinMarketCap | CoinGecko | ByBit

About Veloce Media Group

Founded in 2018, Veloce is a multi-pillared gaming and sports media group operating across some of the most innovative, fast-growing, and future-focused sectors in the UK. 

Headquartered in London, the Veloce brand comprises the industry-leading gaming and racing platform, Veloce Esports, and race-winning outfit, Veloce Racing, currently competing in the renowned Extreme E championship. 

As the world’s largest digital racing media network, Veloce has so far attracted over 35 million subscribers and nearly one billion monthly views with a focus on esports, gaming, purpose-driven motorsport, and Web3. 

Veloce is partnered with a number of high-profile teams from across the globe, running multiple gaming and esports team operations, including Mercedes AMG, Ferrari, McLaren, and Yas Heat. Well-established JV sub-brands, including Lando Norris’ gaming and lifestyle brand Quadrant, make up another key aspect of Veloce’s vast global network. 

To learn more, please visit: https://www.velocemediagroup.com/

Contact

Chief Executive Officer
Rupert Svendsen-Cook
Veloce Media Group
hi@velocemediagroup.com

Georgetown, Cayman Islands, September 1st, 2023, Chainwire

Kava Chain, a decentralized Cosmos-Ethereum interoperable Layer 1 blockchain, is now available on Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain. The integration will enable safe and secure access for Fireblocks customers to the expanding Cosmos DeFi ecosystem via the Kava Chain.

“With the integration of Kava Chain onto the Fireblocks Network, we’re excited to bring Kava’s innovative suite of DeFi app protocols and Cosmos DeFi access to our customers,” said Idan Ofrat, Co-founder and Chief Product Officer at Fireblocks. “In the past year, we have seen growing institutional interest in DeFi. Fireblocks’ defense-in-depth security and customizable Transaction Authorization Policy (TAP) allow our customers to safely explore and innovate in the DeFi arena without compromising their compliance and security requirements. We look forward to unlocking more opportunities for our customers in the future.”

Kava Chain has been steadily building and growing through the bear market. However, without a robust connection to an MPC (multi-party computation) custody technology provider, top-tier crypto institutions have not been able to engage with the dApps on-chain. The Fireblocks integration enables over 1,800 leading digital asset and crypto institutions to now custody KAVA tokens and access Kava-native assets, including Cosmos-native USDt — selected by Tether to be issued exclusively on Kava Chain.

This integration not only enhances institutional access to Kava but also allows Fireblocks customers to:

• Engage in DeFi opportunities on platforms within the Kava ecosystem, such as Curve, Kinetix, and Hover.
• Participate in market-making using Cosmos-native USDt on major exchanges.
• Explore new USDt DeFi opportunities on prominent Cosmos appchains.

“Kava Chain’s role in arbitrage market making is becoming increasingly significant. With the Fireblocks integration, centralized exchanges (CEXs) and major market makers have a more capital-efficient option for cross-chain arbitrage,” said Scott Stuart, Co-founder of Kava Chain. “Instead of incurring high gas fees on Ethereum, they can now utilize Kava to transfer USDt between ecosystems efficiently. We’re excited about the future and the value this integration brings to our community!”

For more updates, follow Kava Chain and Fireblocks on X (fka Twitter).

About Kava

Kava Chain (is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos in a single, scalable network. Committed to fostering innovation and growth, Kava Chain is a trusted choice for developers and users worldwide. 

Contact

Marketing Manager
Guillermo
Kava
guillermo.carandini@kava.io