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  • stake.link Sets to Expand Its Chainlink Staking Program With New Features

    stake.link Sets to Expand Its Chainlink Staking Program With New Features

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    Key Highlights

    • As part of the expansion, stake.link introduces a Priority Pool feature to streamline LINK’s staking process.
    • Another upgrade will see stake.link move from stSDL (staked SDL) receipt tokens to reSDL (reward escrow SDL), represented as NFTs.

    stake.link, a Chainlink-based liquid staking protocol, announced it has rolled out a set of new upgrades following plans to further expand its Chainlink staking program.

    stake.link’s Upcoming Staking Program and Its New Features

    As the Chainlink ecosystem anticipates the emergence of the Chainlink Staking v0.2, stake.link has proposed a staking program to further improve the efficiency of its staking protocol.

    While the program is yet to launch, stake.link has unveiled a suite of new features and optimizations to expand its Chainlink staking program. This development comes as stake.link remains keen on emerging as a leading provider of Chainlink staking solutions.

    Notably, the proposed program promises to provide users with an easy and advanced approach towards staking LINK tokens.

    stake.link’s Priority Pool Feature

    Chainlink’s decision to expand its capacity from 25M to 45M tokens implies that there is a need for highly upgraded staking features. This is necessary to ensure a flexible use of the protocol despite the expansion. 

    Hence, stake.link has uncovered its priority pool feature to provide users with a seamless and highly efficient process to stake LINK. The priority pool has been designed to provide users with a “set and forget” staking experience by automating the process of staking LINK on behalf of depositors.

    stSDL Receipt Tokens Migrates to  reSDL

    In addition to the proposed upgrades on the stake.link’s staking program, the platform announced that it will be migrating its stSDL (staked SDL) receipt tokens to reSDL (reward escrow SDL).

    Notably, reSDL (reward escrow SDL) represents an NFT version of the SDL token. According to the protocol, it has sought to make this upgrade as a way to promote engagements and participation on the platform for a long-term basis. This it will achieve by increasing boosts and governance votes via the use of reSDL.

    AI-powered chatbot, “SergAI”

    The last on stake.link’s list of potential upgrades is the launch of an AI-powered chatbot, dubbed “SergAI”. Being a major operator in the Chainlink ecosystem, stake.link has launched SergAI to solve the curiosities of users regarding the platform.

    As such, SergAI has been designed to answer questions concerning topics and features provided on the platform. Some of these topics may relate to the liquid staking thresholds, the priority pool, and how receipt tokens operate.

    stake.link as Chainlink’s Liquid Staking Protocol 

    As a top-rated liquid staking protocol dedicated to Chainlink, stakelink provides users with exclusive staking rewards. Within the Chainlink ecosystem, stake.link operates as a delegated staking pool with more than 15 top Chainlink node operators. The protocol allows users to earn stLINK tokens after they deposit LINK. Meanwhile,the stLINK tokens provide them with rewards from node fees and blockchain rewards. 

    Standing out as the pioneer and sole option for Chainlink holders seeking liquid staking yields, stake.link has been making new waves to outshine other staking options available on the Chainlink ecosystem. Other staking options provided on Chainlink include, Frax Finance, Rocket Pool, and Lido Finance.

  • The Open Network (TON) Foundation engages Chainbase and Tencent Cloud for Web3 development and adoption

    The Open Network (TON) Foundation engages Chainbase and Tencent Cloud for Web3 development and adoption

    Zug, Switzerland, September 21st, 2023, Chainwire

    The partnership entails an enterprise node deployment service offered by Chainbase

    The Open Network (TON) Foundation has partnered with Chainbase and Tencent Cloud to simplify blockchain development as the Foundation ushers in the next era of Web3 mass adoption across the Asia-Pacific region. 

    As one of the world’s leading cloud providers, Tencent Cloud offers reliable computing resources and optimized network connectivity through its global cloud infrastructure. Tencent Cloud has already successfully supported TON validators and plans to expand its services further to help meet TON’s high compute intensity and network bandwidth needs. Tencent Cloud and TON Foundation are devoted to supporting web applications and bots built within Telegram. For example, Telegram games built on TON can benefit from Tencent Cloud’s enriched gaming solution and reference cases. For all projects built on TON, Tencent Cloud will offer, subject to approval, a dedicated amount of cloud credits and product discounts, made available through the Tencent Cloud Startup Program.

    TON Foundation offers an enterprise-ready blockchain system built for large-scale Web3 applications featuring near-instant transaction speeds, highly reliable connectivity, low latency, and low fees. TON Foundation’s support for the launch of Wallet in Telegram, an integral piece of the Web3 ecosystem infrastructure, is a clear demonstration of this. Today, TON is well suited to cultivate growth in emerging markets like the Asia-Pacific region, as developers are able to leverage the tools provided by Tencent Cloud and TON to acquire and onboard users, ensuring a familiar, intuitive, and natural user experience.

    Leveraging their extensive experience in data indexing and querying, Chainbase will offer the first data indexing product on TON. This will allow for the free utilization, querying, and analysis of all TON data per developers’ unique use cases. Chainbase’s enterprise node deployment service will deliver low-latency and highly reliable blockchain connectivity for Web3 projects and developers on TON, empowering them to achieve more with less effort.

    “We share the goal of making these services available soon via Tencent Cloud,” said Chris, COO of Chainbase. “Soon, we’ll be providing a readily accessible gateway to TON for millions of developers and end users. Through this strategic partnership, Chainbase aims to facilitate frictionless adoption across the thriving APAC blockchain landscape.”

    “Our collaboration with Tencent Cloud is the latest milestone in our journey to accelerate the global adoption of blockchain technology. By joining forces, we can leverage our combined expertise to drive the development of technological solutions built on-chain,” said Justin Hyun, Head of Growth at TON Foundation. “We are committed to working closely together with Chainbase and Tencent Cloud to provide developers with the tools that they need to deliver transformative TON-based solutions to industries and users worldwide.”

    This partnership aims to simplify blockchain development and elevate user experiences across various industries. Projects interested in learning more about integrations through Chainbase and Tencent Cloud may contact TON Foundation directly via Telegram.

    About TON Foundation:

    The Open Network Foundation (TON Foundation) is a non-profit organization founded in Switzerland in 2023. TON Foundation is 100% funded by the community, acting in the community’s interests, and supports initiatives aligned with The Open Network’s mission. Learn more at https://ton.foundation.

    About The Open Network (TON):

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

    About Chainbase

    Chainbase is an all-in-one data infrastructure for Web3 that allows you to index, transform, and use on-chain data at scale through diverse tools we provide, such as pre-defined APIs, SQL studio, data syncing, subgraph hosting, and more. With an OPEN, FAST, RELIABLE platform, and a suite of seamless developer tools, Chainbase’s ultimate goal is to increase data freedom in the crypto and unleash better data utilization and full data ownership. More than 5,000 developers actively utilize our platform as their data backend and integrate our service into their main workflow. Additionally, we are working with ~10 top-tier public chains as first-tier validators and managing over US $500Mn tokens as a validator node provider. Find out more at: chainbase.com

    About Tencent Cloud

    Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. As for Web3, Tencent Cloud is committed to helping builders accelerate the adoption of decentralized technology, with our connections with global Web3 ecosystem players, and our simple, secure tools and cloud infrastructure.

    Find out more at: https://www.tencentcloud.com/solutions/web3

    Contact

    TON Foundation
    ton@theagencypartnership.com

  • Metacade Tokens Opened Up to Millions More Investors via Bitget Exchange Listing

    Metacade Tokens Opened Up to Millions More Investors via Bitget Exchange Listing

    London, United Kingdom, September 20th, 2023, Chainwire

    Metacade, the world’s first community-led gaming platform, has confirmed it will list its token, MCADE, on Bitget on the 20th of September – a strategic move welcomed by investors as it accompanies a number of recent announcements about new collaborations and product updates.

    Bitget is a popular global exchange with over 20 million users and, at the time of writing, a 24 hour spot trading volume of over $420M. This ranks it amongst the top 15 exchanges by trading volume on CMC. The move opens up MCADE to a substantial pool of new investors and traders across the world.

    To complement the listing and in the spirit of fun, Bitget recently shared a gleam giveaway on their Twitter page, confirming rumors of the listing and offering investors the opportunity to win $58,900 MCADE tokens. 

    Metacade’s CEO Russell Bennett, expressed that: 

    “Metacade’s momentum continues to increase and I am confident that we’re perfectly positioned for a strong Q4. Things are moving quickly and this listing accompanies a series of announcements we’ll be releasing that reflect the progress we’ve made against delivering on our project roadmap. The listing on Bitget stands to benefit our substantial community of token holders as the MCADE token will get huge new exposure to potential investors from Bitget’s user base”. 

    Metacade is also available to trade on Uniswap, Bitmart and Coinstore.

    Building and Developing Partnerships for Long Term Growth

    After a highly successful presale earlier this year that concluded with a final fundraising total of $16.4 million in April, Metacade has been consistently strengthening its value proposition through a series of fresh collaborations. These include partnerships with gaming studios and the exploration of novel approaches to cross-chain strategy and gaming adoption by integrating with new blockchain technologies.

    The project’s mainnet launch is scheduled for the end of October, when the first pay-to-play games will go live in partnership with Metastudio, who has been working with Metacade since earlier this year when they launched their Rune Realms game and NFT collection. Moving to mainnet will see the brand’s games hosted on the revamped Metacade platform, unlocking significant potential for collaboration on new blockchains.

    Moreover, Metacade’s ambitious initiatives will receive substantial support through their collaboration with Phenoms agency. Phenoms specializes in collaborating with micro-influencers, which will facilitate widespread adoption of the games featured on the platform. This partnership will also play a pivotal role in assisting the Metacade team in onboarding new gamers and executing large-scale project launches.

    About Metacade

    Metacade aims to supercharge, reward, and connect developers and players, providing an unfair advantage through plug-and-play community initiatives and testing, early access, dev-player collaboration, financial rewards, gigs, accolades, and a thriving ecosystem, all in a seamless, enjoyable platform.

    It aims to become the premier gaming platform that empowers developers and players, providing unparalleled opportunities for growth and collaboration. 

    For more information: Website | Whitepaper | Socials

    Contact

    CEO
    Russell Bennett
    Metacade
    pr@metacade.co

  • Algorand Foundation Announces Build-A-Bull Hackathon in collaboration with AWS

    Algorand Foundation Announces Build-A-Bull Hackathon in collaboration with AWS

    Singapore, Singapore, September 20th, 2023, Chainwire

    Registration is now open for global hackathon with $200,000 in prizes across five tracks

    The Algorand Foundation, the organization focused on growing the ecosystem for the world’s most advanced, secure and reliable layer-1 blockchain, announces the opening of registration for Build-A-Bull, a global virtual hackathon with $200,000 (USD) in prizes. The hackathon, powered by Algorand Ventures and in collaboration with AWS, will run from October 18 through November 15, 2023. Registration is free and open to anyone. 

    Build-A-Bull is a hackathon to create consumer-friendly applications using the power and scalability of the Algorand blockchain. Spanning four weeks, the hackathon offers an opportunity for committed developers and entrepreneurs to conceive a business concept, accelerate it though the development phase, and to ultimately present a final product to a panel of expert judges. Throughout the process, participants will receive matchmaking, tooling, support, and mentorship to help bring their ideas to life. 

    “With Build-A-Bull, we expect to attract a new wave of promising builders to come into the Algorand ecosystem,” says Ryan Terribilini, EVP of Algorand Ventures. “We are looking for high-potential, investible startups and founders to bring innovative projects to the Algorand blockchain, and we are confident that the resources and exposure of participating in Build-A-Bull will catalyze this next generation of Algorand builders.” 

    The hackathon includes five tracks:

    • Defi, presented by Circle
    • Gaming, presented by Unity
    • Consumer, presented by Amazon Web Services (AWS)
    • Interoperability, presented by Wormhole
    • Impact, presented by Algorand Foundation 

    The winner of each track will receive $25,000 and will be invited to pitch to investors on a ‘demo day,’ with a public on-chain vote determining an additional $10,000 Grand Prize, as well as $25,000 in AWS credits. The second and third-place winner of each track will receive $10,000 and $5,000 respectively. A bonus University Prize of $5,000 will be awarded by the judges. 

    The judging panel is comprised of industry leaders and investors including QCP Capital, DWF Ventures, and Blockchain Capital. 

    Projects will be evaluated by the following criteria: the skillset and strength of the team, the design and interface of the project, the quality of the pitch, and the viability of market adoption.

    For more information, and to register, please visit: algorand.foundation/build-a-bull-hackathon. 

    About Algorand Foundation 

    The Algorand Foundation is dedicated to helping fulfill the global promise of the Algorand blockchain by taking responsibility for its sound monetary supply economics, decentralized governance, and healthy and prosperous open-source ecosystem. Designed by MIT professor and Turing Award-winning cryptographer Silvio Micali, Algorand achieves transaction throughputs at the speed of traditional finance, but with immediate finality, near zero transaction costs, and on a 24/7 basis. For more information, please visit https://algorand.foundation.  

    Contact

    Eric D
    Algorand Foundation
    eric.d@algorand.foundation

  • OKX Achieves SOC 2 Type II Certification, Demonstrating its Industry-Leading User Safety, Security and Compliance Standards

    OKX Achieves SOC 2 Type II Certification, Demonstrating its Industry-Leading User Safety, Security and Compliance Standards

    Hong Kong, Hong Kong, September 20th, 2023, Chainwire

    OKX, a leading crypto exchange and Web3 technology company, today announced that it has successfully completed the Service Organization Control (SOC) 2 Type II audit, demonstrating that the company’s processes for governing its services, managing sensitive data and protecting data privacy meet the highest global standards.

    The internationally recognized SOC 2 Type II report, a framework developed by the American Institute of Certified Public Accountants, is one of the most comprehensive audits in the market. The report, completed by an independent external auditor, reviews a company’s policies, procedures and controls over an extended period of time.

    Achieving SOC 2 Type II certification is a testament to OKX’s unwavering efforts in ensuring the highest possible standards of safety, security and compliance. It also mirrors OKX’s core operating philosophy and commitment to security, transparency and trust.

    This certification underscores the protocols and safety measures OKX has implemented to ensure a premium experience on its industry-leading platform. Moreover, these measures affirm that OKX’s infrastructure specifications, service availability and robustness adhere to stringent criteria, solidifying its position as one of the world’s most secure platforms.

    OKX President Hong Fang said: “Completing the SOC 2 Type II audit is an important achievement for OKX, because of the reassurance it provides to all our users, and the diligence and time commitment required in the pursuit of this certification. It demonstrates that OKX is operating at standards comparable to tech giants and traditional finance services firms, as well as our commitment to implementing such standards and practices throughout OKX’s global operations. OKX’s goal is to build the world’s most secure and reliable Web3 ecosystem, and this latest milestone is another crucial step towards our vision.”

    About OKX

    OKX is a leading global crypto exchange and Web3 ecosystem. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for traders everywhere.

    As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.

    Beyond OKX’s exchange, the OKX Wallet is the platform’s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

    OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.

    To learn more about OKX, download our app or visit: okx.com

    Disclaimer

    This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, hold or offer any services relating to digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. OKX does not provide investment or asset recommendations. You are solely responsible for your investment decisions, and OKX is not responsible for any potential losses. Past performance is not indicative of future results. Please consult your legal/tax/investment professional for questions about your specific circumstances.

    Contact

    Media
    media@okx.com

  • Chimpzee: Green Crypto Raises Over $1.3 Million in Presale, Promising a Greener Future. Next 10X project?

    Chimpzee: Green Crypto Raises Over $1.3 Million in Presale, Promising a Greener Future. Next 10X project?

    Chimpzee

    Chimpzee is triggering a tremendous rainforest resonance while starting its ethical crypto journey. 

    Investors Flock to Chimpzee’s Charitable Crypto Wonderland

    Environmentally-conscious investors worldwide have been recently focused on a prominent project. Chimpzee is a new digital force for good, currently making waves with substantial charitable donations exceeding $50,000. Its mission? To plant trees, safeguard desert-adapted elephants, and protect the dwindling population of black jaguars. But that is not all. Chimpzee offers a gateway to passive income, and its next mission is nothing short of heroic: saving the Australian rainforest. 

    Phenomenon of Charity Accompanied by Passive Income

    Investors are racing to embrace Chimpzee’s presale, drawn by the promise of passive income and a chance to make a positive impact on the world. The project has effortlessly crossed the $1.3 million mark in its presale, underscoring the growing excitement surrounding this token. Chimpzee’s vision goes beyond profits. It is a demonstration of how Web 3.0 technology can make our world better while offering three avenues for passive income. It is a wake-up call for climate change’s devastating consequences and the plight of endangered species. 

    Actions Speak Louder with Verified Charitable Donations

    What sets Chimpzee apart is its unwavering commitment to charity, backed by real, verified donations. Many crypto projects make grand promises but falter when it is time to deliver. Chimpzee is different. The team has already contributed significantly during the presale phase, and these donations are conducted through The Giving Block, a platform facilitating cryptocurrency donations to nonprofits and charities. 

    To date, Chimpzee has: 

    • Donated $15,000 to the WILD Foundation to support rangers protecting desert-adapted elephants. 

    • Pledged $20,000 to help the Yawanawa safeguard the last few thousand black jaguars. 

    • Funded the planting of 20,000 trees in Guatemala’s rainforest through One Tree Planted. 

    But the journey does not end there. Chimpzee’s next mission is to restore the Australian rainforest, with another sizable donation planned once the presale hits the $1.4 million milestone. You too can be part of this noble cause by investing in $CHMPZ today and reaping passive income rewards. 

    Three Options of Passive Income

    Chimpzee’s ecosystem thrives on three pillars: shop-to-earn, trade-to-earn, and play-to-earn. 

    • Shop2Earn

    At the heart of this component is the Chimp Shop, a thriving commerce center. Here, shoppers can purchase merchandise while earning free CHMPZ tokens and contributing to charitable causes. 

    • Trade2Earn

    The NFT Marketplace is the trade-to-earn segment, offering environmentally-focused NFTs. What sets this marketplace apart is its commitment to share a portion of its profits with all active users and NFT holders receive a larger share, creating a robust stream of passive income. 

    • Play2Earn

    Venture into the dense undergrowth of Chimpzee’s jungle and find the Zero Tolerance Game. Here, gamers accumulate tokens as they conquer challenges and reach milestones, introducing an element of adventure and excitement into the crypto space. 

    Tying these components together are Chimpzee’s NFT Passports. Investors who hold these passports can unlock maximum passive income potential. Four tiers are available: Diamond, Gold, Silver, and Bronze. 

    Invest Today and Shape Tomorrow

    Chimpzee ($CHMPZ) stands as one of the most ethical and promising projects in the cryptocurrency realm, and it has only just begun to make its impact felt. By investing in $CHMPZ today, you can actively contribute to positive change in the world while enjoying the opportunities for passive income that this significant project offers. 

    As the presale advances, it is rapidly approaching the token’s official exchange launch. Furthermore, your investment aids in protecting 1,000 square meters of the Australian rainforest and its magnificent inhabitants. Chimpzee has pledged to make a substantial donation once the presale funding reaches the $1.4 million threshold, accompanied by the burning of 1 billion tokens. 
    Currently in its twelfth stage, the presale offers tokens at $0.00105 and as low as $0.00074 when you factor in the current bonus, with prices steadily rising as the presale progresses. Early investors have the advantage, securing higher unrealized returns as they join this noble endeavor. Chimpzee ($CHMPZ) represents an advanced project poised for exponential growth, offering not just passive income but also the chance to make a sizable impact through charitable donations. Do not miss out on this unique opportunity to be part of a movement that is changing the crypto environment for good. Join Chimpzee’s mission today and invest in a greener, more ethical future.

    Disclaimer: This is a paid-for sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.

  • Emerging Growth and Prospects in the Greek iGaming Market

    Emerging Growth and Prospects in the Greek iGaming Market

    The Greek market is poised for remarkable growth, projected to soar to €1.2 billion by 2025, boasting an impressive Compound Annual Growth Rate (CAGR) of 14%. Mr. Tasos Belesis, a Senior Consultant in Lotteries & Gambling, and GAME Greece speaker, reports a staggering Gross Gaming Revenue (GGR) increase of over 26% from 2021 to 2022, with further growth expected in 2023. Notably, both online gaming and retail sales are on the rise, with in-play betting being a significant driver, catering to players’ desires for real-time engagement.

    Additionally, the surge in mobile gaming is undeniable, with 60% of Greek iGaming enthusiasts unsurprisingly now favouring mobile devices to access their favourite iGaming products and services, underscoring the growing popularity of mobile gaming in the country. The Greek iGaming market, legalised by Law 4726/2020 in July 2021, offers significant opportunities for businesses that prioritise innovation and responsible gaming.

    The excitement is building as we approach the countdown to GAME Greece! Just one month remains until the 3rd Annual Gaming & Affiliate Marketing Event in Athens, taking place from 19 – 20 October, 2023 – this is an opportunity you won’t want to miss!

    Insights and Expertise at GAME 2023

    If you’re looking for valuable insights to help your business enter the thriving Greek iGaming market, don’t miss the opening address by our GAME Greece chairperson, Viktoria Soltesz. Her opening address is a prime opportunity to gain insider knowledge about the future of iGaming.

    “Networking, meeting new people and hearing new industry gossips and ideas. Eventus International events always have an amazing crowd and very valuable content.”

    • Viktoria Soltesz, CEO, PSP Angels

    If your aim is to excel in delivering a world-class gaming experience despite challenging regulatory constraints, our panel on this very topic at GAME Greece is designed just for you. It is led by esteemed industry leaders with expertise in compliance and business development.

    “Looking forward to attending a well curated, focused event, with a balanced view on customer acquisition and retention strategies amidst a landscape of regulatory requirements.”

    • Megan Easey, Operational Excellence Partner

    Explore Marketing Strategies in a New Era of Gaming

    For those seeking effective marketing strategies in the new era of iGaming, don’t miss our panel on boosting customer engagement and retention. It is your opportunity to gain invaluable insights from a panel of seasoned experts who are at the forefront of the gaming industry. Let’s explore innovative marketing strategies together!

    “GAME 23 provides a boutique opportunity for influential leaders in iGaming to come together and share insights that are key to growth and innovation in our ever-changing industry.”

    • Sasha Boerma,Head of Affiliates at Coastline Gaming

    View our complete speaker lineup by visiting our website: https://www.eventus-international.com/game

    GAME 2023: Strategic Partners, Sponsors and Exhibitors

    Acting as integral partners, NascentEdge, Elite Executive, and NovaMotus are set to make this an exceptional event. Sponsors and exhibitors of the summit, including Playbetr, Sportradar, Aviatrix and EI Networking promise tolead the way in showcasing innovative products and services for all attendees to explore. Join the summit as an exhibitor or sponsor and secure your position as a key player in the Greek gaming market at GAME 2023!

    Register as a delegate or a sponsor for GAME 2023 today: https://www.eventus-international.com/game

  • Dexalot Unveils SimpleSwap and SimpleView Features for Enhanced User Experience

    Dexalot Unveils SimpleSwap and SimpleView Features for Enhanced User Experience

    New York, NY, September 19th, 2023, Chainwire

    Dexalot, the decentralized exchange (DEX) operating on an Avalanche Subnet, has launched two major new features. SimpleSwap and SimpleView work in harmony, helping traders benefit from AMM-style swaps and greater portfolio visibility respectively.

    As a central limit order book (CLOB) exchange, Dexalot incorporates more sophisticated features than a conventional DEX. To ensure users enjoy an optimal experience, combining the simplicity of a DEX with the advanced trading tools of a CEX, Dexalot has released SimpleSwap and SimpleView.

    Scheduled to go live on September 19, SimpleSwap allows users to benefit from the tight spreads and excellent pricing of a CLOB, but with the look and feel of the AMM atomic swaps that are ubiquitous in DeFi. As a result, Dexalot traders will be able to swap between tokens quickly and easily via a clean, uncluttered interface. This feature will complement the existing order book format.

    When executing trades using SimpleSwap, users will be able to trade directly on the Dexalot platform or via third-party aggregators. Thanks to integration with multiple aggregators, Dexalot is making SimpleSwap available to users wherever they prefer to trade. This will enable them to tap into the superior pricing that is synonymous with Dexalot including unrivaled onchain pricing for assets such as WETH.e and BTC.b.

    To further support its efforts to enhance user experience, Dexalot is releasing SimpleView. This quick-look account abstraction feature helps users check the status of their portfolio at a glance. Because traders typically have assets in various markets when using a CLOB exchange, it can be hard to keep track of tokens. SimpleView solves this problem, making it easy for traders to determine their portfolio value and composition.

    “Simple Swap has the potential to become the perfect conduit for the most capital-efficient liquidity to get to traders. CLOB style trading is the only way to trade in TradFi because of its capital efficiency and this wasn’t possible in Web3 until Dexalot. With Simple Swap, we now have the perfect atomic transaction capability without compromising on the quality of liquidity like AMMs and AMM variants do.” said Berk Ozdogan, Head of Strategy at Dexalot. 

    Matthew Schmenk, BD at Ava Labs adds “Dexalot’s central limit order book architecture makes for some of the best swap pricing in all of blockchain and with SimpleSwap, Dexalot should win a lot of swap routes and volumes.”

    Since launching on its own Avalanche Subnet, Dexalot has processed over 17 million transactions with daily trading volume of up to $5M. Its team includes financial veterans with a background on Wall Street, whose experience has been brought to bear in developing Dexalot as the most advanced decentralized exchange of its kind. Additionally, Dexalot was just awarded up to $3m in incentives for users from Avalanche’s Multiverse Fund. 

    About Dexalot

    Dexalot is a decentralized exchange that brings the traditional centralized exchange look and feel to a decentralized on-chain application. The Avalanche-powered Central Limit Order Book DEX represents an accessible and transparent environment where Dexalot users can trade crypto securely and efficiently, with no slippage or custody risk.

    Learn more: https://dexalot.com/

    Contact

    Dan Edelstein
    pr@marketacross.com

  • Unlocking the Power of Trading Signals: A Deep Dive into Strategies and Signals Area

    Unlocking the Power of Trading Signals: A Deep Dive into Strategies and Signals Area

    In the fast-paced world of financial markets, where every second counts and decisions are made in the blink of an eye, trading signals emerge as invaluable tools for traders seeking to navigate the complexities of the market. These signals act as guiding beacons, offering insights into potential market movements and trends. Among the myriad assets available for trading, Bitcoin, the pioneering cryptocurrency, has caught the attention of traders worldwide, prompting the emergence of specialized “Bitcoin signals.” In this article, we’ll delve into the concept of trading signals, explore various strategies, and highlight the importance of the Bitcoin signal in contemporary trading.

    Deciphering Trading Signals: Navigating Market Choices

    Trading signals serve as crucial pointers, offering traders a deeper perspective into market shifts. They act as guiding tools, enabling traders to make judicious choices about purchasing, offloading, or retaining an asset. There are diverse approaches to generating trading signals, encompassing technical analysis, fundamental analysis, and sentiment analysis.

    Classifying Trading Signals:

    • Technical Analysis Signals: Based on charts, structures, and technical indicators, these signals anticipate potential market shifts. Popular tools include Moving Averages, Relative Strength Index (RSI), and Bollinger Bands to decipher market trajectories and pinpoint optimal transaction moments.
    • Fundamental Analysis Signals: Driven by external occurrences like economic data releases, global happenings, and policy announcements, these signals can, for instance, derive from central bank announcements, revealing potential market mood swings.

    • Sentiment Analysis Signals: With the digital age booming, sentiment analysis becomes pivotal. By scrutinizing online chatter, news, and social feeds, traders can sense the prevailing market mood towards a particular asset. A buoyant sentiment can indicate a positive market outlook, while a pessimistic view may suggest a downward trend.


    Bitcoin Signals on the Rise:

    The trailblazing cryptocurrency, Bitcoin, which spotlighted blockchain technology, has ushered in a transformative trading phase. Bitcoin’s price volatility has spawned “Bitcoin signals” catering to its distinctive market attributes like decentralization, limited availability, and the sway of external events such as regulatory changes.

    Advantages and Pitfalls of Trading Signals:

    Perks:

    • Enhanced Decision-Making: Signals offer traders rich insights, curbing impulsive trading behaviors.
    • Time Conservation: Signals minimize continuous market scrutiny, thus saving traders’ time.
    • Portfolio Expansion: With signals spanning numerous assets, traders can diversify their holdings.

    Challenges:

    • Consistency: Signal reliability varies, necessitating traders to critically assess their sources and strategies.
    • Unforeseen Market Shifts: Even the best signals might miss unexpected market disruptions or unprecedented incidents.
    • Excessive Dependence: Solely banking on signals without grasping the market nuances can be perilous. A fusion of signals and individual research is advisable.

    Bitcoin Signal: Guiding Through Crypto Complexities:

    In the turbulent crypto trading sphere, the Bitcoin signal shines as a lighthouse for traders treading this intricate path. By harnessing these specialized signals crafted for Bitcoin’s market nuances, traders can refine their decision-making and leverage price swings.

    Final Thoughts:

    In essence, trading signals have become invaluable for traders spanning various arenas, especially the dynamic cryptocurrency domain. The introduction of the Bitcoin signal introduces a nuanced dimension to trading, equipping traders with insights tailored for cryptocurrency. Nonetheless, a blend of vigilance, thorough research, and a judicious mix of signal-dependence and personal analysis is key for traders to thrive in this constantly shifting landscape.