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  • Sui Network (SUI) and Fantom (FTM) Suffer Over 10% Drop, Can Uwerx (WERX) Presale Provide Better Opportunities?

    Sui Network (SUI) and Fantom (FTM) Suffer Over 10% Drop, Can Uwerx (WERX) Presale Provide Better Opportunities?

    Fantom (FTM) and Sui Network (SUI) had sharp drops recently, shedding more than 10% of their value. Experts have since set their gaze on Uwerx. This new player has already exceeded expectations during its ongoing presale, offering better prospects for people looking to enter the market or diversify their portfolios.

     Read on as we evaluate the potential benefits offered by these projects.

    The Sui Network (SUI) Hits an All-Time Low 

    Three weeks after the launch of the mainnet, the Sui Network (SUI) hit an all-time low (ATL) along with the rest of the cryptocurrency market. On April 18, Sui Network (SUI) was released as an ICO with a starting price of $0.1. 

    The token went live on Binance, the largest cryptocurrency exchange, on May 3, just two weeks after the mainnet launch of the layer-1 blockchain. Sui Network (SUI) reached a new high of $1.71 on the day Binance launched trading and has since been steadily declining. 

    However, the hype seems to have died down as the ERC-20 coin plummeted by over 10% in the last seven days. Sui Network (SUI) now trades at an all-time low of $0.97, and it’s unclear when traders can expect a rise.

    Fantom (FTM) Faces Price Major Setbacks Amid Multichain Saga

    In recent times, Fantom (FTM) has experienced significant volatility, with a price drop of 10% within a week. This turbulence can be partly attributed to the rumors and uncertainties surrounding Multichain, Fantom’s (FTM) official cross-chain bridge. Multichain plays a crucial role in Fantom’s operations, issuing 40% of non-$FTM assets and handling 81% of Fantom’s total stablecoin Market Cap.

    As rumors about Multichain team arrests started circulating, fear and uncertainty were sparked in the market. This led to a surge in daily bridging volumes, likely contributing to the downward pressure on the Fantom (FTM) price. The lack of communication from the team, particularly from the Multichain CEO, Zhaojun, further exacerbated market concerns.

    Despite the increase in withdrawal volumes, Fantom’s (FTM) underlying network remained relatively stable. However, the ongoing issues with Multichain need to be resolved for the Fantom (FTM) token to regain stability and possibly see a positive price movement.

    Why Uwerx (WERX) Presale Will Provide Better Opportunities

    According to Velocity Global, the global freelancing market will increase at a cumulative annual growth rate (CAGR) of 15% to 9192.9 million by 2026. The newest solution in the rapidly expanding gig economy is Uwerx, and early adopters stand to profit substantially.

    Platforms like Fiverr and Upwork charge up to 20% in transactional commissions. In contrast, Uwerx lowers the payout to 1% so users can keep more of their earnings. In addition, it has undergone thorough audits by reputable firms like InterFi Network and SolidProof to offer the best privacy and security in the crypto market.

    After 5,546 registrations, Uwerx has just released the Alpha platform to investors. With the newly developed Uwerx Vault, investors can choose a holding period that best suits their needs and interests. Also, to show its dedication to customer safety and trust, The Uwerx implemented a 25-year liquidity lock before the presale ended.

    WERX’s 5th phase presale is selling fast at $0.041, and industry experts believe the price will rise to over $1.5 by Q3 2023. Early investors can claim a 15% discount on their purchase, enhancing the value and potential profit. 

    Presale: invest.uwerx.network

    Telegram: https://t.me/uwerx_network

    Twitter: https://twitter.com/uwerx_network

    Website: https://www.uwerx.network/

    Disclaimer: This is a 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.

  • Astar Network Unveils the ‘Astar 2.0 Vision’ to Deliver Web3 Mass Adoption to Billions of Users

    Astar Network Unveils the ‘Astar 2.0 Vision’ to Deliver Web3 Mass Adoption to Billions of Users

    Tokyo, Japan, June 15th, 2023, Chainwire

     

    Setting the long-term direction, the Astar 2.0 Vision aligns tokenomics, organizational structure, and key pillars of technology to drive Web3 mass adoption

    Astar Network, the smart contract platform for multichain, is delighted to introduce the ‘Astar 2.0 Vision’ as it aims to drive mass adoption of Web3 to billions of users. With developers’ growing interest in base layers that offer scalability, security, and interoperability, Astar Network aims to position itself as the go-to Layer-1 blockchain by providing them with all the tools, resources, and support to help them build unstoppable dApps.

    The ‘Astar 2.0 Vision’ sets the long-term direction for the rapidly-growing Astar ecosystem. It aligns the network’s tokenomics, organizational structure, and pillars of technology to achieve its mission of enabling Web3 innovations that empower billions of people worldwide.

    1. Tokenomics

    Astar Network will revamp its current tokenomics to align with the long-term vision and the DAO will make Astar sustainable for the future.

    The Astar Foundation is building this with the community in forums to gain their valuable insights. A redesigned ASTR token better serves the needs of network participants, from users and builders to enterprise partners. It’s essential to ensuring a sustainable future of growth and success.

    2. Astar Link

    Connects the fragmented layers of the blockchain industry. With customizable options and tailor-made SDKs, developers can create limitless solutions. Astar Link unlocks diverse use cases from gaming to enterprise that is only possible by linking different ecosystems to each other.

    3. Organizations supporting Astar Network

    1. Startale Labs – The enterprise arm that enables users and businesses to embrace blockchain in Japan. With a focus on Web3 infrastructure, Startale aims to build innovative products to enable the widespread adoption of Web3 technologies.
    2. Astar Foundation – It is currently the main contributor and maintainer of the Astar Network Source Code. The Foundation deploys resources to expand Astar Network through partnerships, community activities, hiring developers, funding projects, and other initiatives.
    3. Formation of Astar DAO – Astar is actively working with the community to realize this goal in Community Forums. The DAO will help create an unstoppable network by embracing decentralization and handing governance to the community. Anyone can use Astar Network anywhere to improve their communities

    4. Creating unstoppable dApps

    Improving the developer experience to help them build unstoppable dApps with two pillars of technology:

    1. Cross-chain applications – Astar supports both EVM and WebAssembly (WASM) environments, and interoperability between them using a Cross-Virtual Machine (XVM). With XVM, smart contracts will work seamlessly regardless of the blockchain. Astar 2.0 brings more options and is scalable.
    2. DApp staking – Improved tokenomics will return more value to builders and stakers via dApp staking. Astar’s innovative Build2Earn program empowers developers to get paid through a dApp staking mechanism for the dApps they build. It allows network users to stake their tokens to support their favorite projects.

    5. Supernova: Paving the path forward

    Actions speak louder than words. Watch out for our coming updates in the middle of Q3 which will see Astar deliver on its web3 promises. Like a supernova exploding and impacting the universe, Astar aims to have the same impact in the web3 universe. Bringing Astar technology and vision to the masses.

    Interested developers and users can explore the 2.0 Vision here. Moreover, Japan’s leading corporations have shown strong belief in Astar’s vision and its ability to execute. Astar will share more details later in June and July.

    The Astar Foundation and Startale Labs have been working with many of the world’s leading global players to achieve the 2.0 Vision. Japan’s leading corporations including Toyota Motor Corporation and Sony Network Communications have teamed up with Astar Network to explore the opportunities in Web3.

    Sota Watanabe, the Founder of Astar Network, said, “We will push the network to unlock Web3 for billions. Each part of Astar 2.0 is being shaped and improved, starting with token economics and developer tooling to ensure the sustainable long-term growth of the network.”

    Astar Network is the leading Layer-1 in Japan, having been voted the most popular blockchain in the country by the Japanese Blockchain Association. It is the go-to blockchain for developers and enterprises interested in exploring the Japanese Web3 space. Astar is also the first public blockchain from the country to be listed there despite Japan’s strict listing regulations. Astar’s native token ASTR is registered as a cryptocurrency, not a security, by the Japanese government.

     

    About Startale Labs

    Startale Labs is a web3 tech company developing multichain applications and infrastructure. We also conduct R&D and incubation activities based on the experience and connections developed in coordination with Astar Network. In addition, a subsidiary, Startale Labs Japan, was established on January 31st 2023 to provide web3 business development and strategic consulting services to corporate enterprises and governments, leveraging the strengths of Japan’s most widely-recognized public blockchain.

     

    About Astar Network

    Astar is Japan’s most popular smart contract platform, supporting both EVM and WebAssembly (Wasm) environments, and interoperability between them using a Cross-Virtual Machine. Astar Network is friendly to all kinds of developers, and tools and languages they already know. Backed by the shared security of Polkadot, Astar shines brilliantly on its own within a vibrant and healthy ecosystem, and is a leading star in the blockchain industry overall, driving international corporate adoption, and consumer interest in web3 technologies.

    For more information, visit: Website | Twitter | Discord | Telegram | GitHub | Reddit | YouTube

     

    Contact

    Sota Watanabe
    info@startale.org

  • ProBit Global Lists Euro-Pegged Tether EURt Stablecoin

    ProBit Global Lists Euro-Pegged Tether EURt Stablecoin

    eurt listing probit

    To complement its market reach and expand access to use—particularly for those with interests in the European markets—ProBit Global is set to list and start trading euro-pegged stablecoin, EURt, on its platform by May 25, 2023.

    EURt is powered by Tether’s technology and functionality, built by the creator of the world’s first, largest, most liquid, and most widely used stablecoin, USDt. As a digital asset that represents the euro, EURt will enable users to access the official currency of the eurozone and its member states. The stablecoin presents users with the robust infrastructure of an asset-backed currency as part of the pursuit of financial freedom and inclusion for more people. 

    Among other things, a stablecoin like EURt enables users to overcome traditional financial barriers to entry, particularly in cross-border money transfers where various bureaucratic hurdles persist. EURt facilitates the trading of assets on decentralized applications (dApps), blockchain-based games, and multiple crypto exchanges, where they are exposed to high-yield trading opportunities like those with up to 100x leveraged contracts.

    Also, considering the recent surge in global inflation owing to various factors such as the economic downturn caused by the coronavirus pandemic, consumer demand, and geopolitical tensions, EURt is set to help mitigate against financial market uncertainties, particularly considering the impact of hyperinflation in failing economies. 

    ABOUT EURt 

    EURt is an Ethereum-based stablecoin that is a 1:1 representation of the second-most traded fiat currency after the US dollar, the euro. 

    ABOUT PROBIT GLOBAL 

    Founded in 2018, ProBit Global is a Top 20 cryptocurrency platform featuring access to more than 800 cryptocurrencies and over 1000 different markets. ProBit Global aims to position itself as a world-class exchange for both crypto enthusiasts and novice investors, and boasts a user base of more than 2,000,000 active users, globally.

    With a powerful crypto trading interface, easy integration for automated crypto trading bots, fiat on-ramp support for 45 currencies, and a multilingual website in 46 languages, ProBit Global has all the features to make your cryptocurrency trading experience easy.

    To learn more, visit www.probit.com

    ProBit Global Telegram: https://t.me/ProBitGlobalOfficial 

    DISCLAIMER:

    The information provided on this website is for informational purposes only and does not constitute financial advice. ProBit Global is not responsible for any losses or damages arising from the use of this website or any of the information contained herein. 

  • Gold-backed Tether XAUt Stablecoin to List on ProBit Global

    Gold-backed Tether XAUt Stablecoin to List on ProBit Global

    tether gold probit

    The non-volatile gold-backed stablecoin, Tether Gold token (XAUt), is set to be listed and start trading on the ProBit Global exchange by May 25, 2023. The token, which offers users access to a utility digital token that boasts of scarcity and price stability parallel to gold, aims to significantly lower barriers to entry to gold markets for non-institutional investors.

    Once synonymous with “money” but not divisible, easily stored, or transported, gold’s value being digitized with XAUt is a new way to make it highly transferable with comparably low fees and ensure wider ownership, even in small sums. 

    Powered by Tether’s technology and functionality, the benefits of holding XAUt are far greater than its fiat-backed counterparts. Also, while it mirrors Tether’s existing products, it differs in several ways including its being issued by a new entity, Tether Gold, which will arrange the purchase of London Good Delivery gold from Switzerland and store them in a custodian’s vault for XAUt holders.  

    Each XAUt token equals 1 troy ounce of gold that can be fractionalized into up to six decimal places (i.e. increments as small as 0.000001 troy fine ounce). Gold bars are tied with each on-chain address that holds XAUt tokens with information accessible on a “Look-up Website” for anyone to identify them. When on-chain transaction transfers of XAUt are made from one address to another, the associated physical gold is instantly reallocated on behalf of token holders to always ensure ownership representation. 

    To redeem their tokens for the associated physical gold–at a location of their choosing in Switzerland, XAUt holders will pay associated fees and meet redemption requirements. Holders also have the option to ask for their gold to be sold and to receive the proceeds from said sale. 

    ABOUT XAUt

    XAUt is an ERC-20 token that combines the direct exposure of individual investors to the price of physical gold, with granting access to traditional financial assets like ETFs, and the transactional utility of a digital token.

    ABOUT PROBIT GLOBAL 

    Founded in 2018, ProBit Global is a Top 20 cryptocurrency platform featuring access to more than 800 cryptocurrencies and over 1000 different markets. ProBit Global aims to position itself as a world-class exchange for both crypto enthusiasts and novice investors, and boasts a user base of more than 2,000,000 active users, globally.

    With a powerful crypto trading interface, easy integration for automated crypto trading bots, fiat on-ramp support for 45 currencies, and a multilingual website in 46 languages, ProBit Global has all the features to make your cryptocurrency trading experience easy.

    To learn more, visit www.probit.com 

    ProBit Global Telegram: https://t.me/ProBitGlobalOfficial  

    DISCLAIMER:

    The information provided on this website is for informational purposes only and does not constitute financial advice. ProBit Global is not responsible for any losses or damages arising from the use of this website or any of the information contained herein. 

  • OKX Middle East Receives MVP Preparatory License From VARA in Dubai

    OKX Middle East Receives MVP Preparatory License From VARA in Dubai

    Dubai, United Arab Emirates, June 15th, 2023, Chainwire

    UAE to serve as strategic global and regional business hub, OKX to expand to 30 staff

    OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced that OKX Middle East Fintech FZE (OKX Middle East) has received a Minimal Viable Product (MVP) Preparatory license from the Dubai Virtual Assets Regulatory Authority (VARA).

    The UAE is a key strategic growth and business hub for OKX globally and in the region, and the company plans to scale OKX Middle East’s operations. As part of this effort, OKX has opened a new office in Dubai World Trade Center, and will seek to expand its number of Dubai staff to 30 with a focus on local hires and senior management. OKX also plans to extend its nine-figure brand partnerships to the UAE with customer and fan-focused activations and activities.

    The MVP preparatory licence allows approved licensees to fulfill all pre-conditions required to undertake MVP operations within the VARA regime. Once licensed to be operational, OKX Middle East will be able to extend its approved suite of duly regulated virtual assets activities and will provide spot, derivatives, and fiat services, including USD and AED deposits, withdrawals and spot-pairs, to institutional and qualified retail customers.

    OKX Global Chief Commercial Officer Lennix Lai said: “We’re thrilled to receive the MVP preparatory license from VARA. Regulated entities are the future of digital assets and capital markets and Dubai and VARA have succeeded in creating a unique environment where VASPs can thrive. With the expansion into a new office this year, we are focused on hiring local staff and senior management. The MENA region has incredible potential as a center of excellence for Web3 and virtual assets, we look forward to the opportunity to expand the already growing ecosystem across the region.”

    OKX Global Head of Government Relations Tim Byun said: “Dubai and VARA are world leaders in crypto regulation by establishing the most timely, comprehensive and built from-the-ground-up framework for virtual assets and Web3. Licensing in Dubai is a critical element of OKX’s global regulatory compliance strategy. In today’s uncertain market environment, it’s of the utmost importance for VASPs to be highly secure, transparent, compliant and backed by strong, clear regulation. Under VARA’s comprehensive framework, all operators must meet high standards of compliance, risk management, security and consumer protection, benchmarked against well-known existing regulatory principles for traditional financial services. This provides confidence to operators and customers alike, and positions the crypto and Web3 industry in MENA for increased participation and overall growth in the near and long term.”

    OKX Chief Marketing Officer Haider Rafique said: “We’ve been waiting to enter the UAE and we want people here to experience our products first hand. We’re different – we do things in a measured and transparent manner. May was our seventh consecutive month of publishing our proof of reserves, making us the only crypto exchange globally with that commitment. We’ve done that while out-innovating the industry in Web3 with our leading decentralized ecosystem. We’ve also launched numerous new security features while adding more depth in markets. This attitude is consistent with the brand partners who represent us, Manchester City Football Club, McLaren Racing, and the Tribeca Festival. We take our time, and do things the right way.”

    For more information on OKX, please visit OKX.com.

    About OKX

    OKX is a world-leading technology company building the future of Web3. Known as one of the fastest and most reliable crypto trading platforms for investors and professional traders everywhere, OKX’s crypto exchange is the second largest globally by trading volume and is trusted by more than 50 million users.

    OKX’s leading self-custody solutions include the Web3-compatible OKX Wallet, which allows users greater control of their assets while expanding access to DEXs, NFT marketplaces, DeFi, GameFi and thousands of dApps.

    OKX partners with a number of the world’s top brands and athletes, including: English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo.

    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

    About VARA

    Dubai Virtual Assets Regulatory Authority [VARA] is the world’s first specialized regulator for the Virtual Assets sector. Established in March 2022, following the effect of Law No.4 of 2022, VARA is the competent entity in charge of regulating, supervising, and overseeing VAs and VA activities in all zones across the Emirate of Dubai, including Special Development Zones and Free Zones but excluding the Dubai International Financial Centre.

    VARA plays a central role in creating Dubai’s advanced legal framework to protect investors and establish international standards for Virtual Asset industry governance, while supporting the vision for a borderless economy.

    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, or hold 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. Please consult your legal/tax/investment professional for questions about your specific circumstances.

    Contact

    Marc Rognon
    media@okx.com

  • Opal Group Announces the European CLO Summit 2023

    Opal Group Announces the European CLO Summit 2023

    London, UK – Opal Group is thrilled to announce the highly anticipated European CLO Summit, an educational forum tailored for investors, issuers, underwriters, rating agencies, lawyers, and accountants. This summit serves as a platform for industry professionals to learn the latest techniques, maximize returns, and reduce risk exposure in the dynamic field of Asset-Backed Finance.

    Taking place on October 4, 2023, the European CLO Summit offers a comprehensive program designed to equip attendees with the knowledge and tools necessary to stay ahead in this evolving landscape. The conference will feature an in-depth review of recent regulatory changes, rating agency methodologies, legal considerations, tax implications, and structural considerations. Through engaging presentations and insightful panel discussions, delegates will gain valuable insights and practical strategies to maintain a competitive edge in their respective roles.

    “The European CLO Summit is a vital gathering for professionals in the Asset-Backed Finance sector,” said Dan Meador, Head of Production & Business Development at Opal Group. “We are proud to provide a platform where industry experts can come together, exchange knowledge, and stay informed about the newest developments and best practices. This event will empower attendees to navigate regulatory changes, optimize their investment strategies, and drive continued success.”

    The European CLO Summit offers a unique opportunity for participants to network with peers, forge strategic partnerships, and gain a comprehensive understanding of the market’s dynamics. Whether attending as an investor, issuer, underwriter, rating agency representative, lawyer, or accountant, delegates will benefit from the wealth of expertise and diverse perspectives shared throughout the summit.

    Opal Group invites all professionals in the Asset-Backed Finance sector and related industries to join the European CLO Summit in London, UK this October. By participating in this educational forum, attendees will gain the insights and tools necessary to thrive in an increasingly competitive environment.

    For more information and to register, please visit the event website at https://www.opalgroup.net/trk/ecloc2303.html 

    Media Contact:

    Kimberly Pacheco

    Marketing Coordinator

    kpacheco@opalgroup.net

  • OKX and McLaren Racing Host Panel on Technology in Sports and Film at Tribeca Festival

    OKX and McLaren Racing Host Panel on Technology in Sports and Film at Tribeca Festival

    New York City, New York, June 15th, 2023, Chainwire

    • Panelists included OKX Chief Marketing Officer Haider Rafique, McLaren Racing Chief Executive Officer Zak Brown, McLaren F1 Driver Lando Norris and director, producer and screenwriter Stephen Kay

    From left to right: Director, producer, and screenwriter Stephen Kay; McLaren Racing CEO Zak Brown; Emmy-nominated filmmaker and Webby Awards Founder Tiffany Shlain; OKX CMO Haider Rafique; and McLaren F1 Driver Lando Norris discuss the power of technology in sports, film and crypto

    OKX, a leading Web3 technology company, yesterday hosted a panel discussion with McLaren Racing at the Tribeca Festival titled, “Need for Speed: How Technology Powers Change in Sports, Movies, and Crypto,” featuring OKX Chief Marketing Officer Haider Rafique, McLaren Racing Chief Executive Officer Zak Brown, McLaren F1 Driver Lando Norris, and director, producer and screenwriter Stephen Kay.

    The panel, moderated by Emmy-nominated filmmaker and Webby Awards Founder Tiffany Shlain, was held at the Tribeca Screening Room and focused on how technology has transformed various industries, including sports, entertainment, cryptocurrency and finance. During the discussion, the panelists emphasized the impact of innovation on speed, performance and efficiency across the different sectors.

    OKX Chief Marketing Officer Haider Rafique said: “We’ve achieved a lot together in just one year. The McLaren F1 team has a huge appetite to lean into Web3 and make its heritage more discoverable for younger generations, and we want to play a big role in making that a reality for them. There are incredible stories here that can motivate the next generation of drivers and fans to get involved with the sport and, in particular, celebrate McLaren’s achievements on and off track. Our goal is to help McLaren transcend into this future and share what we are cooking together on our panel”.

    McLaren Racing CEO Zak Brown said: “This panel was a great opportunity to share the stage with our Primary Partner OKX, and discuss how technology can power change in our respective industries. In Formula 1, we constantly look to innovate and leverage technology to maximize our fan engagement opportunities. Partners like OKX can support us in these commitments, exploring how they can guide our Web3 strategy and make our sport ever-more exciting and accessible for the fans.”

    OKX CMO Haider Rafique (left) and McLaren F1 Driver Lando Norris (right)

    McLaren Racing CEO Zak Brown (in orange, left) and McLaren F1 Driver Lando Norris (in orange, right) with OKX CMO Haider Rafique

    Tribeca Festival 2023 is OKX’s second consecutive year as the presenting sponsor. The company’s multi-year partnership with Tribeca Festival aims to unlock new Web3 opportunities for creators, fans and talent. OKX also introduced the first-ever Tribeca Festival NFT pass for 2023 in January.

    In May of last year, OKX and McLaren Racing announced a multi-year partnership that would make OKX a Primary Partner of the McLaren Formula 1 Team and McLaren Shadow esports team. Through this partnership, OKX supports the team’s global fan experience, providing exciting opportunities and product innovations that bring fans closer to the action. OKX branding is featured on the McLaren cars, the helmets of McLaren F1 drivers Lando Norris and Oscar Piastri, as well as the McLaren F1 and McLaren Shadow team kits.

    About OKX

    A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including the OKX Wallet, NFT Marketplace and DEX.

    OKX partners with a number of the world’s top brands and athletes, including: English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo.

    As a leader building innovative technology products, OKX recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology to replace existing centralized systems.

    To learn more about OKX Web3, download our app or visit: okx.com/web3

    About McLaren Racing

    McLaren Racing was founded by racing driver Bruce McLaren 60 years ago in 1963. The team entered its first Formula 1 race in 1966. McLaren has since won 20 Formula 1 world championships, 183 Formula 1 grands prix, the Indianapolis 500 three times, and the Le Mans 24 Hours at its first attempt.

    McLaren Racing competes across five racing series. In 2023, the team will compete in the FIA Formula 1 World Championship with McLaren F1 drivers Lando Norris and Oscar Piastri, the NTT INDYCAR SERIES with Arrow McLaren drivers Pato O’Ward, Felix Rosenqvist and Alexander Rossi, the ABB FIA Formula E World Championship with NEOM McLaren Formula E Team drivers René Rast and Jake Hughes, and the Extreme E Championship with NEOM McLaren Extreme E Team drivers Emma Gilmour and Tanner Foust. The team also competes in the F1 Esports Pro Championship as McLaren Shadow, having won the 2022 Constructors’ and Drivers’ Championships.

    McLaren is a champion for sustainability in the sport and a signatory to the UN Sports for Climate Action Commitment. It is committed to achieving net zero by 2040 and fostering a diverse and inclusive culture in the motorsport industry.

    McLaren Racing – Official Website

    About the Tribeca Festival

    The Tribeca Festival, presented by OKX, brings artists and diverse audiences together to celebrate storytelling in all its forms, including film, TV, immersive, games, audio storytelling, music, and online work. With strong roots in independent film, Tribeca is a platform for creative expression and immersive entertainment. Tribeca champions emerging and established voices; discovers award-winning filmmakers and creators; curates innovative experiences; and introduces new technology and ideas through premieres, exhibitions, talks, and live performances.

    The Festival was founded by Robert De Niro, Jane Rosenthal, and Craig Hatkoff in 2001 to spur the economic and cultural revitalization of lower Manhattan following the attacks on the World Trade Center. Tribeca will celebrate its 22nd year from June 7–18, 2023.

    In 2019, James Murdoch’s Lupa Systems, a private investment company with locations in New York and Mumbai, bought a majority stake in Tribeca Enterprises, bringing together Rosenthal, De Niro, and Murdoch to grow the enterprise.

    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, or hold 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 risk tolerance and financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances.

    Contact

    Press
    media@okx.com

  • Lama Introduces Visa Cards Offering 2% Bitcoin Cashback to Users

    Lama Introduces Visa Cards Offering 2% Bitcoin Cashback to Users

    bitcoin credit card

    Key Takeaways:

    • Lama offers physical and virtual Visa cards to its users, allowing them to convert cryptocurrencies into cash instantly and spend them at any location that accepts Visa
    • The Lama Visa cards can be used to spend Euros at both physical and online stores globally where Visa is accepted
    • Lama combines cryptocurrency trading, DeFi technology, and traditional banking services

    Cryptocurrency exchange Lama offers physical and virtual Visa cards to its users. This service, where cryptocurrencies can be converted to cash instantly, provides the opportunity to spend in all places accepted by Visa. The cards include many different benefits, and the Gold plan reimburses users 2% of all their spending in Bitcoin.

    Founded in 2022, Lama combines the power of crypto trading and DeFi technology with traditional banking services. Since its inception, it has exhibited many innovative products for all transfers between cryptocurrency and fiat. Lama’s new Visa cards are an important milestone for achieving the company’s vision and goals.

    Euros can be spent with Lama-branded Visa cards in all physical and online stores where Visa, the world leader in digital payments, is valid. To encourage users, up to 2% of all spending will be refunded in Bitcoin.

    Lama has created three different Visa card plans that will provide advantages to all users.

    Bronze Plan

    • Free to use.
    • Limited to a single virtual card for spending online.

    Silver Plan

    • Costs €9.99 per month.
    • Includes up to three virtual cards.
    • Includes one physical card.
    • Offers 1% BTC cashback on all purchases.

    Gold Plan

    • Costs €19.99 per month.
    • Includes up to five virtual cards.
    • Includes one physical card.
    • Offers 2% BTC cashback on all purchases.

    According to Brigham Santos, the Head of Operations at Lama, Lama Visa cards will serve as an excellent and innovative tool for individual users looking to maximize their use of crypto. Visa cards, which are valid in more than 200 countries and territories around the world, will provide great convenience to Lama users. This strategy makes cryptocurrencies concrete and easily accessible, allowing consumers to actively participate in the global economy.

    Visa’s crypto card program includes collaboration with 50 of the biggest cryptocurrency platforms to develop white-label Visa-branded debit cards. These are intended to make it simple to spend digital cash at 70 million merchants throughout the world. Lima’s acceptance into this program reflects both the quality of its centralized exchange and its stringent compliance policy, which ensures that all regulatory standards are met.

    Lama Visa Card is suitable for daily use and provides consumers with an intermediary service that easily converts between fiat and cryptocurrencies. As a result, all users can use both cryptocurrency and Visa card with peace of mind and access their digital assets whenever they want.

    What is Lama?

    Lama is a legal EU cryptocurrency exchange aimed to bringing crypto and mainstream financial services together. Through its cooperation with Ledger, Lama employs institutional quality custody service technology to keep customer assets safe and secure. Lama is able to issue Visa cards to its consumers since it is PCI DSS compliant, making it easier to transfer between fiat and crypto.

    Lama crypto exchange
  • Is Meme Coin Season Over? Find Out How Uwerx (WERX) Presale Is Leaving Miladys (LADYS) for Dust

    Is Meme Coin Season Over? Find Out How Uwerx (WERX) Presale Is Leaving Miladys (LADYS) for Dust

    Since the explosive rise of meme coins in 2017, they have become immensely popular. However, Miladys (LADYS) has struggled to match the fame of Dogecoin (DOGE) or Shiba Inu (SHIB). 

    Meanwhile, Uwerx, a groundbreaking blockchain-based freelance platform, has captured the attention of investors and the freelance community. In this article, we will explore the growth potential and projected price surge of both Uwerx and Miladys (LADYS).

    Miladys (LADYS): Unleashing Memetic Power through the Milady NFT Collection

    Miladys (LADYS) is an avant-garde cryptocurrency that serves as the meme coin for the captivating Milady NFT collection. This innovative digital currency has garnered attention from various communities, including cypherpunk libertarians and critical crypto enthusiasts who challenge “woke culture.”

    Miladys (LADYS) is intricately linked to the Milady NFT collection, featuring mesmerizing Milady Maker NFTs. With a purpose centered around the tokenization of the “fully memetically optimized white pill,” Miladys (LADYS) enables the flow of drip currency, clout accumulation and acts as a measure of karma, charm, and beauty.

    Currently priced at $0.0000000558, with a 24-hour trading volume of $28,941,382, Miladys (LADYS) has experienced a recent decline of 21.69%. Presently ranked #549 on CoinCheckup, it holds a market cap of $18.92 M. 

    Market experts forecast a promising future for Miladys (LADYS), anticipating a price surge to $0.00000015 by the third quarter of 2024 as a result of the continuous expansion of the meme coin landscape.

    Uwerx (WERX): Revolutionizing Freelancing with Transparency and User-Centric Design

    Uwerx is a frontrunner in the freelancing industry with a groundbreaking platform that empowers independent professionals to thrive in a competitive market. By adopting a problem-solving mindset, Uwerx is set to revolutionize the interaction between freelancers and clients through its upcoming Alpha platform.

    The Alpha platform, meticulously crafted by the Uwerx team, will enhance transparency and prioritize user-centric design. The Uwerx platform boasts cutting-edge features that benefit the community, including a reduced transaction fee of 1% compared to traditional platforms like Upwork and Fiverr. Uwerx unveils the Uwerx Vault, enabling users to stake their WERX tokens and earn rewards tied to platform variables.

    Notably, Uwerx is determined to renounce contracts as it progresses towards launching on centralized exchanges. And to maintain fairness and inclusivity, the Uwerx team has taken swift action to modify token allocation based on valuable insights shared by the community during the presale.

    Uwerx (WERX) Tokens: Presale, Test Airdrop, and Price Increase

    Currently in its fifth stage, Uwerx tokens are available for purchase at a price of $0.041 per token. To make the deal even more enticing, every purchase during the presale comes with a tempting 15% bonus. This presale has generated immense interest and is set to conclude on July 31st, coinciding with an exciting Test Airdrop planned for the same date.

    The Uwerx community has shown remarkable support for these initiatives, evident from a staggering 98.2% approval rate in a Twitter poll for the Test Airdrop. Moreover, 82.8% of voters have shown support for a long-term token lock, ensuring token liquidity remains locked for 25 years.

    Why Uwerx (WERX) Presale Is The Best Option On The Market

    Trust and security are paramount to Uwerx, and the team has undertaken extensive auditing by reputable firms such as SolidProof and InterFi Network. These audits assure the community of Uwerx’s adherence to best practices and provide a solid foundation for the platform’s reliability.

    Furthermore, Uwerx has secured listings on prominent platforms like CoinSniper and is set to be listed on Uniswap by August 1st. These listings enhance accessibility, allowing a broader range of users to engage with the Uwerx platform and its native token.

    Uwerx values community input and actively encourages everyone to share their thoughts, ideas, and recommendations through the dedicated feedback email at feedback@uwerx.network. This open communication approach reinforces the platform’s commitment to collaboration and creating a freelance ecosystem that truly caters to the needs of its users.

    With its innovative approach, ambitious roadmap, and strong community support, Uwerx is emerging as a key player in the future of freelance platforms.

    Click the provided links to take advantage of the special 15% bonus!

    Presale: invest.uwerx.network

    Telegram: https://t.me/uwerx_network

    Twitter: https://twitter.com/uwerx_network

    Website: https://www.uwerx.network/

    Disclaimer: This is a 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.