Day: January 30, 2024

Sui blasts into DeFi top 10 as TVL surges above $430M

GRAND CAYMAN, Cayman Islands, January 30th, 2024, Chainwire

In the past four months, Sui TVL has jumped by more than 1000%, vaulting the network past Base, Cardano, and Bitcoin in its meteoric DeFi rise

Sui, a leading Layer 1 blockchain that was created by the team that led Meta’s Diem crypto project, continued its blistering DeFi growth, surpassing $430M in Total Value Locked (TVL) and moving into the top 10 blockchains by that metric. Alongside this torrid ascent of TVL, on-chain activity has exploded as well. Weekly DeFi volume is up more than 1200% since October demonstrating the growth in demand that will drive a sustained flywheel effect that supports the future expansion of the entire Sui DeFi ecosystem.

“Less than a year since the launch of its mainnet, the growth of the Sui DeFi ecosystem has been nothing short of remarkable. This momentum validates both the technology and dedication of the Sui community,” said Greg Siourounis, Managing Director of the Sui Foundation. “Most importantly, what we are seeing in these numbers is developers on Sui building products that people are using to address real-world challenges. That dynamic will form the basis of a sustainable decentralized network that lasts well into the future.”

Because of its object-centric model and horizontal scaling, Sui is uniquely performant, scalable, and secure. As a result, Sui is particularly well-suited to host solutions that can operate at scale. Sui’s fast-rising TVL is a direct result of multiple Sui-based protocols and applications leveraging the strengths of Sui to grow at an extremely rapid rate.

Based on the strengths of its technology as well as the top builders and developers that have begun leveraging its platform, Sui is quickly amassing a complete set of ecosystem applications offering seamless composability. From liquid staking to decentralized exchanges (DEXs), to top lending protocols, and the additions of DePIN and DeWi to the network, Sui boasts a technology stack that exceeds Layer 1 blockchains that have been around for years longer.

Sui is now home to four protocols at over $50M TVL and nine protocols at over $10M, showcasing the depth of the ecosystem where multiple projects are flourishing. The Lending protocol Scallop Lend tops the list with $96M TVL, followed by Navi Protocol at over $91M. The top five is rounded out with three decentralized exchanges (DEXes), Cetus, Aftermath Finance, and FlowX Finance.

Most recently, Sui announced that Banxa, a leading payments infrastructure provider for the crypto-compatible economy, will add the SUI token to its platform. The integration will increase access to the Sui blockchain for users around the world, thanks to a suite of Banxa’s global and local payment methods, which have processed over $3 billion in transactions since its launch in 2014. Additionally, Mysten Labs’ Sui Wallet will provide users the opportunity to purchase SUI tokens through Banxa’s fiat on-ramp solution and once fully integrated, to utilize its off-ramp solution.

Sui also recently announced a partnership with Oracle Stork to provide builders with faster pricing data, offering real-time pricing data across Sui’s ecosystem of developers, DEXs, and lending protocols building on Sui’s blockchain. This integration will enhance speed and access to unique index and mark prices for builders and users of DeFi applications on Sui.

 

Contact

Sui Foundation
media@sui.io

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Spot Ethereum ETFs approval likely on May 23: Standard Chartered

Standard Chartered Bank says the SEC could approve spot Ethereum ETFs on May 23, the final deadline for applications currently before the regulator.
Ethereum price could surge to over $4,000 by then, the bank said in a report.

The US Securities and Exchange Commission (SEC) is likely to give a nod to the first spot Ethereum ETF in May, the Standard Chartered Bank said in a report on Tuesday.

In particular, the bank’s analysts see the regulator approving the ETH spot ETFs on May 23. According to the bank’s note shared with clients and reported on by The Block, the May date is the final deadline for applications before the SEC.

“We expect pending applications for ETH U.S. spot ETFs to be approved on May 23, the final deadline for the first of the ETFs under consideration — the equivalent date to Jan. 10 for BTC ETFs,” Geoffrey Kendrick, Head of Forex and Digital Assets Research at Standard Chartered Bank, said.

ETH price could surge to $4,000

The SEC recently delayed spot Ethereum ETF applications for BlackRock and Fidelity. However, should the regulator approve the ETF proposals before it, the price of Ethereum could skyrocket. In the lead up to the approval, Standard Chartered sees a potential spike to $4,000.

“If ETH prices perform similarly to how BTC prices performed in the lead-up to BTC ETF approval, ETH could trade as high as $4,000 by then.”

Bitcoin price rallied following BlackRock’s spot Bitcoin ETF application, surging from around $25k to hit a a high of $49k. While prices are back to lows of $43k, after rebounding from around $38.6k last week, the market is bullish as the next BTC halving approaches.

Ethereum surged after BlackRock filed for a spot ETH ETF in November, reaching highs above $2,700. The leading altcoin’s price is currently near $2,375, up 3% in the past hour as the altcoin market looks to bounce alongside the benchmark cryptocurrency.

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App-Specific Rollup Cartesi Announces A $1 Million Ecosystem Grants Initiative

New York City, United States, January 30th, 2024, Chainwire

Developers can receive up to $50,000 USDC per project, plus dedicated tech support, introduction to accelerators and investors, marketing support and project consulting.

Cartesi (CTSI), an app-specific rollup protocol with a virtual machine that runs Linux distributions, announced today an allocation for $1 million to the Cartesi Grants Program. The program is dedicated to fostering developer talent and enriching the Cartesi ecosystem by supporting new ideas & dApps, research & integrations, developer tooling and gaming.

Independent developers, founding teams, DAOs, communities and collectives can apply starting today, Tuesday, January 30th and have the opportunity to receive up to $50,000 USDC per project, subject to community vote. Through this grants program, Cartesi aims to increase the number of long-term contributors and developers building novel applications on Cartesi.

Areas of focus:

New ideas & dApps: Applications and experiments built using the Cartesi framework that offers value to the broader ecosystem. Currently, Cartesi is supporting Complex Vouchers, an advanced voucher system for external interactions.
Research & Integrations: Split into two tracks, Track 1 focuses on research and solutions that integrate Cartesi technology with other innovative technologies. For example, Cartenix uses the Cartesi VM and Nix Package system to leverage reproducible builds in a deterministic and verifiable environment. Having this on-chain provides a much higher level of security and trustlessness for developers.
Track 2 is dedicated to in-depth research on topics identified as crucial for the advancement of the Cartesi ecosystem. For example, open-source research associated with RISC-V, ZK, and Cartesi.
Developer tooling: Tools that simplify and enhance the experience for developers building on Cartesi. For example, Drand is a component of a larger set of tools for generating random numbers on Cartesi’s convenience layer. The goal is to create a framework for Cartesi that will make it easy for web3 developers to create dApps using Cartesi.
Gaming: Games that uniquely leverage the capabilities of Cartesi, such as open-source games that can be reused and built upon, game frameworks, convenience layers, and other infrastructure contributions. Currently under development is Dazzle, a competitive online puzzle RPG that leverages Cartesi Rollups and the Cartesi Machine for high-stake, e-sport-like tournaments.

“This grants program is designed to foster long-term collaboration within the Cartesi ecosystem and increase the convenience and scalability of dApp development for both developers and users,” said Hellenstans.eth, Grants Steward in the Cartesi ecosystem. “The grants program offers financial support and invaluable technical guidance to kickstart any developer’s project.”

Cartesi’s first dApp, Honeypot, launched on the Ethereum mainnet this past summer. This dApp is designed to encourage developers to challenge the security of Cartesi Rollups. The Honeypot fund constantly increases by a compounded 8% weekly and is currently unbroken, holding 139,861 CTSI.

The Cartesi Foundation has committed $1,000,000 in total to the first two waves of the Cartesi Grants Program. During Wave 1, the Grants Program will allocate a maximum of $500,000 USDC, with a further $500,000 USDC available for allocation during Wave 2.

The Cartesi Grants Program’s goal for Wave 1 is to significantly ramp up in speed and scale in future rounds of grant funding by gathering feedback on the grant process and lowering friction for proposers looking to apply for grants. To review the list of projects approved for funding during the pilot, visit governance.cartesi.io. To find out more and apply, please visit the Cartesi Grants Program page on Charmverse.

About Cartesi Foundation

The Cartesi Foundation is a mission-bound organization dedicated to supporting the Cartesi technology and the decentralization of the Cartesi ecosystem. The Foundation’s mission is to be a supporting member of the Cartesi community, through fundings, education programs, grants, strategic alliances, and other focused activities. The Foundation is committed to supporting the development of the Cartesi ecosystem; bringing mainstream scalability and convenience to dApp developers and users. To learn more about Cartesi, visit https://cartesi.io/.

About Cartesi

Cartesi is an app-specific rollup protocol with a virtual machine that runs Linux distributions, creating a richer and broader design space for dApp developers. Cartesi Rollups offer a modular scaling solution, deployable as L2, L3, or sovereign rollups, while maintaining strong base layer security guarantees. To learn more about Cartesi, visit https://cartesi.io/.

 

Contact

PR Manager
Lauren Bukoskey
Serotonin
lauren@serotonin.co

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Binance Labs invests in Ethereum liquid restaking protocol Puffer

Binance Labs has invested an undisclosed amount in Ethereum restaking protocol Puffer.
Puffer Finance will use these funds to develop its Layer 2 network and to bring ETH staking and restaking rwards to BNB Chain users.
Binance Labs on Monday, January 29, denied claims it had participated in a $15 million funding round for SkyArk Chronicles.

Binance Labs, the venture capital and incubation arm of crypto exchange Binance, has made a strategic investment in Puffer Finance, a decentralised liquid restaking protocol on EigenLayer.

Although Binance Labs hasn’t disclosed the invested amount, it revealed in its announcement that Puffer will use the investment to develop its open-source technologies. 

Today’s announcement comes a day after Binance Labs released a statement distancing itself from claims that it had led a $15 million funding round for gaming platform SkyArk Chronicles.

Puffer to use investment on its L2 and restaking rewards

One of the project areas to see funding from the investment will be Puffer’s actively validated services (AVSs) on a Layer 2 network. Puffer will run its upcoming L2 as an AVS on EigenLayer AVS, Binance Labs said on Tuesday.

As Puffer continues to develop, our unique approach, supported by collaborations with eminent researchers, elevates validator profitability, contributing to Ethereum’s decentralization and securing its infrastructure with EigenLayer,” Amir Forouzani, founder of Puffer, said in a statement.

We are incredibly excited about laying a robust foundation for the future of decentralized trust, ensuring a resilient and thriving ecosystem for years to come,” Forouzani added.

Also set to receive a boost from Binance’s venture arm is Puffer’s liquid restaking technology that will see the protocol’s native liquid restaking token go live on the BNB Chain. The target here is to bring ETH staking and restaking rewards to users on the BNB Chain.

🚀 HUGE news! @BinanceLabs, the venture capital arm of @binance, has made a strategic investment in Puffer.

This collaboration marks a milestone in decentralized liquid staking, setting the stage for a fortified, accessible Ethereum ecosystem through EigenLayer tech! 🐡 https://t.co/oL4xDWi22A

— Puffer Finance 🐡 (@puffer_finance) January 30, 2024

Puffer has previously received investment funding from various venture firms, both during its pre-seed and seed round. Among investors in the protocol’s $5.5 million seed round were Lemniscap, Lightspeed Faction, Brevan Howard Digital, Animoca Ventures, Canonical Crypto and Bankless Ventures.

The project also secured a grant from the Ethereum Foundation for its first innovation – a remote signing tool dubbed Secure-Signer. Validators on the Ethereum network can tap into this tool to reduce risk of slashing.

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The revolutionary Massa ecosystem is launching now

Paris, France, January 30th, 2024, Chainwire

With a 150k-strong community, thousands of nodes around the world, a custom consensus technology, and its native MAS token, the award-winning Massa blockchain is launching with unique features such as Autonomous Smart Contracts, enabling decentralization and resilience.

Massa’s vision is to allow apps to be deployed on thousands of computers around the world and operate autonomously forever without relying on any external infrastructure, while being resistant to censorship and hacking.

After a successful mainnet bootstrap on January 15th, 2024, millions of blocks and close to 100,000 transactions have already been settled by the high-throughput L1 blockchain. Building on top of that backbone, Massa has laid down its strategy for ecosystem development and liquidity buildup.

The Massa Foundation was freshly created in Switzerland to handle the Massa ecosystem, orchestrate incentive programs, and fuel community initiatives of all sorts. Community members will be given a strong voice in the decision process through forums open to token holders, where proposals ranging from changes in network parameters to grants will be debated. As early as 2024, the foundation is expected to integrate community members into its board. The foundation will also organize various events such as the Massa Community Conference to bring the community together.

For the year 2024, the Foundation is allocating 2% of the MAS supply as grants for builders proposing projects that fit the ecosystem ideals and goals, with an emphasis on those that make use of the features unique to Massa. Dozens of projects are already building.

The community and public sales are starting as of January 30th on Republic and lasting 2 weeks, which may be followed by other launchpads and CEX/DEX listing announcements. Token holders can apply to the project’s liquidity incentives program, or easily run light nodes on their personal computers in order to obtain proof-of-stake block rewards.

The Massa Foundation is allocating 1.7% of the MAS supply to be distributed in the next 6 months as liquidity incentives within a program that will be revealed step by step.
The first step involves incentivizing users to bridge tokens towards Massa dapps by giving them an extra native yield on liquidity provider (LP) tokens. Users will be incentivized to provide liquidity through protocol fees, protocol token incentives, MAS token incentives and more to come.
Providing liquidity for multiple days/weeks in a row will amplify the users’ incentive.

In short, bringing MAS or other crypto assets to Massa ecosystem apps such as the Dusa decentralized exchange will be heavily rewarded in multiple ways. This strategy is expected to significantly boost TVL, improve market liquidity and bootstrap the financial ecosystem in Massa.

On the technical side, the Massa Domain Name System as well as the Decentralized Web feature will be deployed in 2024, enabling website front-ends to be hosted and accessed on-chain, thus removing the need for centralized domain names and web hosting servers that are the main targets for hacks and censorship.
Umbrella Oracles (https://umb.network/) is deploying real-time price feeds on Massa
Cross-chain integration through partnerships like Hyperlane (https://www.hyperlane.xyz/) will be a strong focus to anchor Massa into existing ecosystems
EVM compatibility and account abstraction are also in the crosshairs of the team
Massa’s flagship Autonomous Smart Contracts technology will be refined, allowing for dynamic self-evolving NFTs, self-rebalancing liquidity pools, and a wide range of new on-chain applications, while dropping the need for external automation providers like Gelato or Chainlink Automation.

All the information related to the public sale is available at https://massa.foundation

Massa Foundation: https://massa.foundation

Massa Labs: https://massa.net

Dusa DEX on Massa: https://dusa.io

About Massa Foundation

Incorporated in Geneva, Switzerland, the Massa Foundation is a vital component of the Massa ecosystem. Its main responsibility is fostering the ecosystem’s growth while safeguarding its core principle of decentralization. In its early stages, the Foundation will orchestrate various incentive programs to stimulate both the Massa community and the wider ecosystem, including bounties, grants, liquidity incentives.

 

Contact

Director
Sébastien Forestier
Massa Foundation
sf@massa.foundation

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Linera Launches Public Devnet to Expand its Breakthrough Microchain Technology to Rust Developers

San Francisco, California, January 30th, 2024, Chainwire

Linera, the layer-1 blockchain protocol pioneering microchains to give users their own blockspace, today announced the deployment of its Devnet. Founded by Mathieu Baudet, a former Meta researcher and infrastructure engineer who helped develop the technology underlying Novi digital payments called FastPay, Linera’s technology brings unprecedented horizontal scalability to web3 through its unique protocol.

Linera’s groundbreaking microchain model grants each individual user wallet their own lightweight chains to store their assets and streamline web3 app interactions. Because Microchains are small enough to be replicated into browser extensions and mobile devices, Linera makes it easy for application interfaces to access the on-chain data of their users.

The Linera system scales by adding chains, not by increasing the size or the production rate of blocks. During times of high demand, Linera’s validators expand dynamically like elastic web services. Scaling at the validator level rather than at the blockchain level, this fresh approach unlocks horizontal scalability for web3 applications requiring support for limitless active users and real-time interactions.

Targeting Rust developers and built on the WebAssembly (Wasm) virtual machine, Linera’s Devnet is now available for testing. Developers can now test their projects on a small number of test validators operated by the Linera core team. This Devnet is the next step in testing and deploying on Linera, further streamlining the development process and offering a more efficient environment for developers building prototypes at the forefront of web3.

“Web3 is set to fundamentally change how we interact with the Internet, particularly in how web applications manage assets. At Linera, our goal is to redefine this landscape by ensuring our applications can consistently perform at scale for any number of users,” stated Baudet. “Our approach with Linera is focused and user-centric, placing the needs and experiences of end users at the forefront of our protocol.”

In August 2023, Linera successfully raised additional seed funding, reaching a total of $12 million from Borderless Capital, Laser Digital Ventures, Flow Traders, GSR Markets, and more, alongside continued support from a16z crypto, Tribe Capital, and Cygni Capital, who participated in the initial seed round. Linera continues to grow their team and global developer community.

“With Linera’s Devnet, we can test our social feed application in a more realistic environment, over a real network connection,” said Zhao KK, founder of ResPeer, a peer-to-peer content publishing platform built natively on the Linera SDK.

“Linera’s unique architecture and support for Rust makes building on the platform intuitive, significantly accelerating our development process and freeing me up from maintaining my own backend infrastructure. Microchains open up new opportunities for the features I can build while ensuring performance. I’m excited to be actively involved in shaping this emerging ecosystem and cutting-edge technology.”

The introduction of Linera Devnet propels the Linera project forward, a significant step towards offering the blockchain community infrastructure that guarantees performance for an unlimited number of active users, thereby redefining what scalability looks like in web3. The availability of this Devnet reinforces Linera’s commitment to providing developers with robust tools and a versatile environment for innovation.

By using the popular Rust programming language and putting end users at the center of the protocol, Linera’s microchains continue to build towards a paradigm shift in Web3 infrastructure that effectively addresses the needs of the blockchain community.

To learn more about developing on Linera and its SDK, please visit www.linera.io/developers.

About Linera

Linera is the first low-latency blockchain designed to scale elastically. Founded by Mathieu Baudet, a former Meta/Novi engineer and researcher, with a PhD in cryptographic protocols, Linera revolutionizes blockchain scalability by introducing microchains, removing mempools, and minimizing validator interactions. Linera optimizes performance for web3 applications used by a large number of active users in parallel, enabling unprecedented horizontal scalability for use cases such as retail payments, gaming micro-payments, messaging, proprietary trading, and blockchain bridges.

 

Contact

Senior PR Manager
Garret J. Shaw
Serotonin
garret@serotonin.co
+1 517.213.3180

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Bitpanda withdraws from the Netherlands amid regulatory compliance concerns

Bitpanda ceases operations for Dutch residents.
The exchange has cited regulatory compliance concerns for the exit.
The decision aligns with the exchange’s commitment to cooperate with local regulators in the Netherlands.

Bitpanda, a leading cryptocurrency exchange platform, has announced its decision to cease operations for Dutch residents due to regulatory compliance issues in the Netherlands.

This move underscores the company’s commitment to adhering to local regulatory frameworks, highlighting the challenges crypto exchanges face amidst evolving legal landscapes. It aligns with the company’s dedication to cooperating with local regulators and ensuring compliance with the latest regulations.

Impact of MiCA Legislation in the EU

The Netherlands, as a member of the European Union, operates within the framework of the Markets in Crypto Asset legislation (MiCA). This legislation enables companies to obtain a single license in one EU country and operate across the entire bloc. However, despite this broader regulatory framework, individual countries within the EU may impose additional requirements, necessitating tailored approaches to compliance.

As Bitpanda navigates the regulatory landscape, the decision to withdraw from the Netherlands highlights the complexities faced by cryptocurrency exchanges operating across multiple jurisdictions. Bitpanda aims to maintain transparency and trust within the evolving crypto ecosystem by prioritising compliance with Dutch regulations.

The company’s proactive approach to regulatory compliance reflects a broader trend within the cryptocurrency industry, where regulatory scrutiny continues to shape market dynamics. As governments worldwide explore regulatory frameworks for digital assets, exchanges like Bitpanda must remain vigilant and adaptable to ensure continued operations within legal boundaries.

Bitpanda reaffirms its commitment to operating responsibly within the evolving regulatory landscape by prioritising adherence to local regulations.

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SBINFT launches its NFT marketing platform SBINFT Mits

SBINFT Co., Ltd., operator of the largest NFT marketplace in Japan, has launched its NFT marketing platform dubbed SBINFT Mits.
The platform will help individuals and global brands tap into the power of NFTs to drive their Web3 marketing strategies.
SBINFT initially announced Mits at the 2023 WebX Summit held in Japan in July last year.

SBINFT Co., Ltd.,  has announced that its new NFT marketing platform SBINFT Mits is now available globally, paving the way for the global community and international brands to tap into the benefits of NFTs as they bring Web2 projects to Web3.

The NFT marketplace operator, which pivoted its focus to gaming NFTs in June last year following a partnership and rebrand, said in an announcement that SBINFT Mits targets both individuals as well as big business across the market.

SBINFT Mits will allow companies and social media influencers among others to blend their marketing strategies with digital collectibles as they build customers and communities.

The platform’s launch is SBINFT’s “stride into the NFT information technology revolution,” Ko Jangdeok, CEO of SBINFT, said in a statement. According to Jangdeok, digital transformation is taking over the world and SBINFT is taking major steps to be at the forefront of this change.

As we usher in a new era of digital collectibles and marketing, we stand resolute in our commitment to being at the center of this monumental shift,” Jangdeok added.

SBINFT Mits to incentivize users

SBINFT (formerly SmartApp) pivoted into the blockchain NFTs space in June last year after it partnered with Oasys blockchain.

That followed a successful footprint in the market following its launch in 2018, particularly after the company unveiled its NFT marketplace in 2021. It’s after joining Japanese giant SBI group that the company rebranded from SmartApp to SBINFT.

SBINFT announced SBINFT Mits at the 2023 WebX Summit, Asia’s biggest Web3 event held in Japan in late July last year.

The platform features functionalities such as event management and NFT analytics tools. It plans to mint for NFT collections and integration with physical merchandise to allow for mainstream adoption across the world.

SBINFT Mits launched its open beta in October 2023, quickly attracting sign ups from 37 Japanese brands, among them Yucho Brewery, Securitize and H.I.S.

The platform supports utility NFTs across blockchain games and e-tickets, and secondary sales of blue-chip NFT art, photography and music. The company will incentivize users on the new platform via a points system, allowing rewards for users who participate in a brands’ marketing initiatives.

The post SBINFT launches its NFT marketing platform SBINFT Mits appeared first on CoinJournal.

Paris Blockchain Week Teases 2024 with Press Event in London

Paris, France, January 30th, 2024, Chainwire

In a preview of what promises to be a landmark event, Paris Blockchain Week hosted a press event in London on January 24th, 2024, titled “Paris Blockchain Week presents: a Taste of 2024 with our Press Community.” The event offered a glimpse into the cutting-edge discussions, industry leaders, and innovative projects that will be front and center at the upcoming Paris Blockchain Week, set to take place from April 9th to 11th, 2024, at the Carrousel du Louvre.

Three high-powered panels fueled the conversation, tackling crucial themes in the ever-evolving blockchain and Web3 landscape. The first panel, moderated by Anna Shakola, Head of Business Development at Cointelegraph Accelerator, featured Oliver Tonkin, CEO of BCB Group, and Jonathan Dakin, VP of Sales, Head of EMEA at Fireblocks, for a thought-provoking discussion on the state of the industry and its growth potential.

Following this, attendees were treated to an exclusive AMA session with Robby Yung, CEO of Animoca Brands, a leading force in the burgeoning metaverse and NFT space. Yung’s insights into the future of these transformative technologies captivated the audience, leaving them eager to explore further at the main event in Paris.

The final panel, moderated by Helen Disney, Events and PR for the Digital Pound Foundation and CEO of Unblocked, brought together Alice Li, Head of Research at CoinMarketCap, and Eric van Miltenburg, SVP at Ripple, for a dynamic exchange on the ever-shifting regulatory landscape surrounding blockchain and Web3. Their expertise provided valuable perspectives on the challenges and opportunities that lie ahead.

When asked, what’s the most significant change in 2024 that will impact mass adoption of cryptocurrency, Alice Li, said,

“Confidence, you can already feel it a month in. During the bull run in 2021 the infrastructure wasn’t ready, like with Web3 wallets for example, now those are ready. We now also have so many great Layer 1s and Layer 2s, and we’re even talking Layer 3s. Finally, we have the Bitcoin spot ETF, going mainstream into the financial markets and getting more recognition around the world.”

Eric van Miltenburg answered,

“The last year and a half we talked about finance having its challenges, but we’re coming out of it. I think acknowledging compliance and working with regulators isn’t optional, it’s not a box you check.”

“You have to have a kind of compliance first mindset, I think that we’ll grow confidence that will attract more of the traditional players into the market, which will broaden the playing field. I think we have momentum towards real critical mass and broader adoption.”

“The London press event was a resounding success,” said Michael Amar, co-founder of Paris Blockchain Week. “The enthusiasm in the room was palpable, and we’re thrilled to have offered a taste of what’s to come”.

New for Paris Blockchain 2024, Amar highlighted,

“After a successful launch in 2023, with over 900 start-up applications, Investors Day will scale up with a prize fund already at $5 million prize. Tim Draper will continue as part of the judging panel and a second episode of ‘Meet the Drapers’ will be filmed during the event.

Networking is a major focus for 2024, we want all attendees to make those critical connections that support their business goals.”

8,500 people attended Paris Blockchain Week last year with 300+ sponsors and 400+ speakers and 300+ media. 10,000 visitors are expected to attend this April.

 

About Paris Blockchain Week

Paris Blockchain Week is a leading organization in the blockchain/web3, dedicated to fostering innovation, collaboration, and knowledge sharing. As the premier event platform, we bring together thought leaders, industry experts, developers, entrepreneurs, investors, regulators, and enthusiasts from around the globe to explore the potential of blockchain technology and its transformative impact on various sectors.

The 4th edition of Paris Blockchain Week 2023 was held at the Carrousel du Louvre in March 2023, becoming the biggest blockchain event in Europe.

Please visit www.parisblockchainweek.com for more information.

 

Contact

Leora Schreiber
parisblockchainweek@marketacross.com

The post Paris Blockchain Week Teases 2024 with Press Event in London appeared first on CoinJournal.

Bitget Lists API3 (API3) in Innovation Zone and DeFi Zone

Victoria, Seychelles, January 30th, 2024, Chainwire

Bitget, the world’s leading cryptocurrency exchange and Web3 company, announces the listing of API3 (API3) in Innovation Zone and DeFi Zone, reinforcing its commitment to providing cutting-edge opportunities to users. This strategic move signals Bitget’s dedication to supporting the development of diverse blockchains and ecosystems while enhancing its market offerings.

API3 addresses a critical challenge in the blockchain industry: the reliable and seamless access of smart contracts to essential real-world data. The platform aims to facilitate the creation, management, and monetization of decentralized versions of APIs on a large scale. As blockchain technology continues to permeate various sectors, ranging from decentralized finance to supply chain management, the necessity for smart contracts to deliver timely and dependable real-world data has become increasingly paramount.

With its unveiling in September 2020, the whitepaper for API3 shed light on a fundamental issue plaguing current APIs: connectivity. Presently, smart contracts lack a direct pathway to connect with APIs for the latest data, leading to an upsurge in the demand for oracles.

Gracy Chen, Managing Director of Bitget states, “Bitget seeks a good way to support the development of different blockchains and ecosystems. This project showcases the innovative potential and support for the crypto ecosystem, aligning with our commitment to offering our users access to cutting-edge projects. We aim to create a Spot Market with rich choices and excellent quality projects.”

In recent years, Bitget has consistently broadened its market reach, excelling in both spot and derivatives trading among centralized exchanges. The platform remains steadfast in its efforts to foster investment opportunities, aiming to enrich the diversity of digital assets in its spot market.

Notably, in 2023 alone, Bitget introduced over 350 new listings, demonstrating its dedication to expanding user choices. Moreover, Bitget Wallet accommodates over 100 mainnets and supports a vast array of 250,000+ tokens.

Through its on-chain trading function, Bitget Swap, users can seamlessly engage in cross-chain trading across nearly 30 mainnets.

For more information, please visit: https://www.bitget.com/support/articles/12560603804648

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.

For more information, visit:

Website
Twitter
Telegram
LinkedIn
Discord
Bitget Wallet

 

Contact

Rachel Cheung
media@bitget.com

The post Bitget Lists API3 (API3) in Innovation Zone and DeFi Zone appeared first on CoinJournal.


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