Argoneum(AGM)

Bitcoin's once-every-four-years "halving" this week may be very different from those of earlier epochs, typically ho-hum affairs. Now, an intense competition is underway to mine the first block after the halving, which could contain a rare and collectible fragment of a bitcoin known as an "epic sat."

Higher fees from Ordinals and BRC-20 may be good for miners but they risk pushing activity to the fragmented world of L2s and harming adoption of Bitcoin around the world. Proposals for “OP_CAT” and CTV would upgrade the network and allow more innovation at the chain-level, says Bob Bodily, CEO of Bioniq, an Ordinals marketplace.

ZEC has had the most delistings among privacy tokens in the past two years, causing market fragmentation.

Greed, irrationality and anxiety have contributed to chaos in the crypto market. Investors should work on self-improvement if they want the industry to succeed.

Dr Shlomit Wagman, the former Director-General of the Israel Money Laundering and Terror Financing Prohibition Authority (IMPA), has told US lawmakers that cryptocurrencies are here to stay, and the primary emphasis should be on establishing effective regulations instead of attempting to suppress their existence. In a congressional hearing on Wednesday, the former regulator stressed the […]

Yet, as with any transformational shift, growing pains are inevitable. Among these, fragmentation, particularly in terms of liquidity, casts a shadow over the DeFi horizon.

NFT marketplace OpenSea has been confirmed as the launch vehicle for the latest collection to come courtesy of WAGMI Games. Founder’s Packs will be available to mint on September 27 and demand for the NFTs, created in conjunction with Gadget-Bot, is expected to be strong.

Sestagalli’s previous Avalanche projects created a cult-like following in the 2021 bull run under the “frog nation” moniker.

In response to DeFi's liquidity fragmentation challenges, the Liquidity Hub is poised to streamline trading for DEX users.

Introduction If financial markets are an ocean, then liquidity is the water. Although definitions of liquidity vary between the availability of cash and the cash itself, one thing is for certain; just as an ocean cannot exist without water, a market cannot function without liquidity. Meanwhile, the flow of liquidity between markets can make or break them. Furthermore, the liquidity of a particular asset, cryptocurrency for example, is an important indicator of their viability as well as an essential element of their tradability. Thus, in financial markets, liquidity truly is king! Understanding Markets: Why Liquidity is King Before jumping into its importance, let us define the concept. Liquidity, in its most fundamental sense, refers to the ease with which an asset can be bought or sold in the market. This tradability often correlates with the availability of the asset and is therefore conflated with the relative quantity of the asset itself. Accordingly, liquidity is discussed in relation to an individual or group allocating their funds to an opportunity in addition to the liquidity of an asset or market itself. Nevertheless, liquidity in both forms is critical, with its importance having been recognised by numerous economists and financial theorists throughout history. For instance, Nobel laureate Eugene Fama highlighted liquidity's role in ensuring that asset prices fully reflect all available information, as stated in his Efficient Market Hypothesis. The concept of liquidity is multifaceted, encompassing aspects such as market depth, immediacy, and tightness. Market depth refers to the exchange’s ability to handle large orders without significant price changes that occur following a trade, known as slippage. Immediacy is the speed at which orders can be executed. Finally, tightness refers to the spread between the bid (purchase) and ask (sale) prices. A market is considered highly liquid if it possesses depth, immediacy, and tight spreads in the order book, allowing for efficient price discovery and minimal transaction costs. In the burgeoning world of decentralised finance (DeFi), liquidity takes on a newfound importance. Liquidity in these markets is often provided by liquidity providers (LPs) who pool their assets in smart contracts. These liquidity pools are used to facilitate trading activities on decentralised exchanges (DEXs), with LPs earning fees in return. The concept of Automated Market Makers (AMMs), pioneered by platforms like Uniswap, hinges on this principle of liquidity provision. The importance of liquidity in these markets cannot be overstated. It is the cornerstone upon which the promise of DeFi - a truly open, inclusive, and efficient financial system - is built. The Role of Liquidity in Driving DeFi Innovation The management of liquidity and the maximisation of capital efficiency have been pivotal in driving the continued innovation of DEXs in the DeFi landscape. As the backbone of DeFi, DEXs have had to constantly evolve and adapt to the challenges posed by the unique characteristics of the crypto market, particularly its volatility and the fragmentation of liquidity. The quest for efficient liquidity management and capital utilisation has led to the development of novel mechanisms and protocols. Uniswap, one of the pioneers of the AMM model, serves as a prime example of this liquidity-driven innovation In its initial iteration, Uniswap V1, the platform introduced the concept of liquidity pools, where users could deposit equal values of ETH and any Ethereum Request for Comment 20 standard token (ERC-20) to create a market. While this model was revolutionary, it had its limitations, particularly in terms of capital efficiency. The 50/50 liquidity provision requirement meant that capital was often underutilised, especially for pairs with significant price disparity. In response to this, Uniswap V2 introduced several improvements, including the ability to create direct pairs between any two ERC-20 tokens, thereby improving capital efficiency. However, the most significant leap came with Uniswap V3, which introduced concentrated liquidity. This feature allows liquidity providers to specify price ranges for their liquidity, thereby maximising capital efficiency. Using this model, LPs can provide liquidity only at price levels where they anticipate trading activity, ensuring they are constantly making use of the liquidity in pools. This innovation has not only improved capital efficiency but reduced slippage, benefiting traders. The evolution of Uniswap and the broader DeFi landscape underscores the critical role of liquidity management and capital efficiency in driving innovation. As the DeFi space continues to mature, the quest for improved liquidity and capital utilisation will undoubtedly continue to shape its trajectory. From the development of more sophisticated AMM models to the integration of cross-chain and layer 2 solutions, the pursuit of liquidity and capital efficiency will remain at the forefront of DeFi innovation. The role of liquidity in driving DeFi innovation is not only significant yet concurrently transformative, shaping the future of finance in profound and novel ways. Taking the Next Step with Elektrik Despite the progress made by protocols such as Uniswap V3, liquidity in web3 is still critically underutilised. While DeFi boasts a number of protocols that offer high levels of capital efficiency, the relatively small amount of liquidity present in the market often causes issues, particularly as it pertains to the cold start problem. At its core, the cold start problem refers to the challenge of launching a new product or service in a market where network effects are prevalent. In such markets, the value of the product or service increases with the number of users, creating a virtuous cycle of growth. However, this also means that when a product or service is first launched, it has little to no value as there are no users yet. Subsequently, at a fundamental level, the cold-start problem can be understood through a question - in an environment where users extract value from the existence of other users, why would the initial wave of users remain in the environment? This problem is faced not only by newly minted protocols aiming to facilitate the liquidity of their own token, but also newly created DEXs looking to establish a base of liquidity providers for trading. Without this base, tokens would be untradable and the DEX would subsequently be rendered ineffective. Hence, the importance of implementing effective measures to foster the highest level of capital efficiency possible becomes clear, DEXs are seeking to overcome the cold-start problem with as little liquidity as possible whereby traders always face a positive experience. Elektrik is one such DEX looking to solve this problem, implementing effective capital efficiency measures to facilitate high volume trading from its inception. Incidentally, this necessitates the adoption of novel and creative mechanisms to attract LPs and manipulate liquidity so that it is always available where needed. While traditional DEXs, such as Uniswap, have taken strides in this regard, Elektrik represents a new wave of DeFi protocols that can achieve more with less liquidity. How Does Elektrik Work? Elektrik is a DEX protocol built on the Lightlink Network. In its first iteration, Elektrik V1, the DEX plans to implement itself as a fork of the revolutionary Uniswap V3 architecture. As a fork of Uniswap V3, Elektrik carries forward the proven AMM model, enhancing it with the unique capabilities and features of the Lightlink network. This AMM model allows users to trade directly with the smart contract on the platform. Users can also become LPs by depositing assets into the liquidity pools and earn fees from the trading activity. This design is intended to provide efficient and flexible trading opportunities for all users. The protocol is built on Lightlink, a layer 2 blockchain secured by Ethereum, purposefully built for Metaverse, NFT, and Gaming applications. By harnessing the power of the Lightlink network, Elektrik is able to offer an efficient and seamless trading experience for its users. Most importantly, Lightlink offers a unique feature referred to as ‘enterprise mode’ which allows organisations to pay a monthly fee, covering its users’ gas costs, to simplify users' experiences when transacting with ERC20 and ERC721 smart contracts, effectively bypassing native gas costs. This feature, combined with Lightlink's low transaction fees and high speed, provides Elektrik with a significant advantage over other DEXs built on more traditional blockchains. Elektrik's design as a Uniswap V3 fork also brings with it a number of benefits. For instance, Elektrik, like Uniswap V3, provides higher capital efficiency compared to its predecessors by allowing liquidity providers to provide liquidity in concentrated price ranges, which, for sophisticated and active LPs, can potentially lead to higher returns. Furthermore, Elektrik supports single-sided liquidity provisioning, enabling LPs to deposit only one type of asset in a trading pair, reducing the risks associated with price fluctuations. In terms of fee structure, Elektrik implements an adaptive fee structure that dynamically adjusts fees based on market conditions and liquidity utilisation. This is achieved through the introduction of multiple fee tiers for each pair: 0.05%, 0.30%, and 1.00%. These options allow LPs to adjust their margins based on the expected volatility of the pair. For example, LPs can choose to take on more risk with non-correlated pairs like ETH/DAI, or minimal risk with correlated pairs like USDC/DAI, and select the fee tier that best compensates them for this risk. This ensures competitive fees for users while maintaining incentives for liquidity providers. By adapting fees to market conditions, Elektrik aims to promote efficient market participation and attract liquidity. Moreover, Elektrik introduces enhanced capital efficiency by utilising multiple fee tiers within liquidity pools. Liquidity providers can allocate their funds to different fee tiers, optimising their capital allocation and earning potential. This feature encourages efficient capital deployment and enables liquidity providers to maximise their returns. Understanding Elektrik V2’s Liquidity Model Although Elektrik is initially being released via the aforementioned Uniswap V3 model, Elektrik V2 plans to implement an innovative AMM. The Elektrik V2 platform represents a significant advancement in the realm of decentralised exchanges, distinguished by its incorporation of abstracted AMM, Artificial Intelligence (AI), Reinforced Learning (RL), and dynamic smart contracts. Central to Elektrik's proposition is its commitment to capital efficiency, ensuring that liquidity is not merely present but is deployed judiciously for optimal trading outcomes. The Dynamic Liquidity Provision (DLP) mechanism is pivotal in this regard, meticulously adjusting liquidity with each block on the LightLink network to meet the precise requirements of liquidity providers. While Elektrik V1 allows for LPs to add liquidity to particular price ranges, Elektrik V2 harnesses the power of AI to anticipate and modulate liquidity in the inherently unpredictable cryptocurrency market. While conventional AI models may falter in such volatile environments, Elektrik's model is characterised by its dynamic adaptability. It undergoes continuous training on a diverse array of data, both internal to Elektrik and from external sources, ensuring its models remain contemporaneous and pertinent. This perpetual refinement is instrumental in ensuring that liquidity is judiciously allocated, responding adeptly to market fluctuations and safeguarding optimal trading conditions. The decision-making prowess of this AI is further enhanced by the principles of Reinforcement Learning (RL). To elaborate, RL operates on a paradigm wherein the system discerns optimal actions through a process of iterative trial and error. Within Elektrik's operational framework, RL assists in determining the most efficacious deployment of liquidity, harmonising the dual objectives of return maximisation and risk minimization. By synergizing dynamic AI with RL, Elektrik underscores its commitment to the judicious management of liquidity, thereby promising an unparalleled trading experience driven by precision and efficiency. Comparing Elektrik to the Competition Since 2021, the DEX landscape has been dominated by Uniswap V2-style DEXs, with many implementing the tried-and-tested x * y = k algorithm and spreading liquidity evenly across all price ranges. This can lead to inefficiencies, especially those associated with use of capital. If liquidity is dispersed across all price ranges, each pool will require a larger amount of liquidity to facilitate the same amount of volume. Consequently, more trading fees are dispersed to a greater number of parties and traders must be charged higher fees in order to provide LPs with the same level of yield. With the advent of Uniswap V3 in 2022, the DEX landscape has likewise undergone a subsequent evolution, with concentrated liquidity models becoming increasingly prevalent in DeFi. Nevertheless, these types of models often require manual rebalancing of liquidity or custom automated strategies by LPs, which can be relatively inefficient. Thus, even the relatively recent AMM models possess inherent flaws with regards to their management of idle liquidity that make them ineffective solutions when compared to next generation AMMs such as that implemented by Elektrik V2. Elektrik V2 and similar DEXs will offer far greater flexibility than their contemporaries. The greater capital efficiency facilitated by the continuous rebalancing and concentration of liquidity will allow protocols to handle high volume trading with relatively insignificant liquidity. Thus trading fees for users can be reduced and those which are earned can be dispersed between fewer LPs, providing incentives for the participation of users and LPs alike. Another key advantage of an automatic liquidity rebalancing model is the potential reduction in impermanent loss. Impermanent loss is a risk faced by LPs in traditional AMMs when the price of the assets in a pool diverges. By automatically adjusting liquidity to follow price movements, a DEX implementing this model can ensure that a LP’s liquidity is never concentrated in one side of a pool, mitigating the effects of impermanent loss. This means LPs are less likely to be holding the wrong asset when prices change, which can lead to more stable and predictable returns. Notably, this model does possess some inherent challenges, particularly associated with the potential incorporation of machine learning for liquidity rebalancing. After all, if the AI makes an incorrect judgment, then the actual price range will have less liquidity than if the prediction were correct. However it is important to note that any particular price range would never be completely devoid of liquidity due to the use of a price weighting model by the AI, which allocates liquidity to certain price ranges depending on the likelihood that the price will be achieved. Furthermore, the learning curve for LPs in actually understanding and grasping this system may pose some challenges to adoption. Nevertheless, these challenges can be solved via frequent rebalancing and user interface abstraction for a more seamless user experience. Conclusion The very definition of liquidity as the ability to quickly and effortlessly buy or sell assets, is the essence of a functional market, be it the financial markets at large or the intricate DeFi space. Its influence extends throughout history, where liquidity has ruled the dynamic and ever-evolving landscape of markets and as we have found, continues to influence the modern financial system - even in the context of DeFi. Therefore, it's evident that DeFi markets, such as Elektrik, which foster liquidity and allocate it efficiently, are likely to remain at the forefront of their respective industries. Therefore, it's evident that DeFi markets, such as Elektrik, which foster liquidity and allocate it efficiently, are likely to remain at the forefront of their respective industries. Consequently, as one of the principal determinants of market and asset success, liquidity, as championed by platforms such as Elektrik, will continue to drive innovation, incentivize adoption, and remain paramount in financial markets. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Polygon and Solana are two of DeFi’s most popular altcoins. In 2023, both projects have grown their ecosystems, with Solana taking a slight lead over Polygon in terms of market cap. Now, however, a new cryptocurrency could outperform both. Everlodge is a new DeFi project set to release in 2023. It has revolutionary utility and could offer returns of 280% during its presale. Here’s why analysts are choosing Everlodge over Polygon and Solana. Find Out How To Buy Everlodge (ELDG) Everlodge Brings Travel Properties To Web3 Everlodge is a DeFi property marketplace designed for luxury villas, vacation homes, and hotels. Its marketplace lets individuals buy, sell and invest in fractional real estate on the blockchain. To achieve this, a property is minted into an NFT and fractionalized. For example, A $2 million luxury villa in Spain could be fractionalized into 20 fragments. Each can then be purchased or sold for $200,000, reducing the amount an investor needs for their investment. Everlodge will also offer a launchpad designed for property developers. This launchpad will let developers raise capital from the Everlodge community to kick-start developments. Investors will then profit from getting involved in developments early to maximize their returns. In addition to its launchpad and property marketplace, Everlodge will offer an exclusive rewards club. As part of the rewards club, investors will earn free nightly stays across properties throughout the Everlodge ecosystem. Several tiers will be available and will determine the properties and number of stays an individual gets. Members aren’t obliged to use this timehowever. Instead, it can be sold on third-party platforms such as Airbnb to generate another income source. Investors who co-own properties will be able to use their NFT as collateral to obtain other short term loans. This will give them access to more capital to quickly scale their property portfolio. ELDG tokens will be used throughout the Everlodge ecosystem. They will grant holders a number of benefits such as staking bonuses, discounts on property and free stays at properties. Tokens will start at $0.01 when the Everlodge presale begins, and are expected to hit $0.035 before tokens are launched on mainstream exchanges. Experts Predict That Solana Will Pass $30 Solana’s total value locked has consistently increased since the start of 2023. Over the last month, Solana’s TVL has stayed above $1 billion. This indicates that confidence in Solana is starting to build following the project's crash in June. Furthermore, Solana’s value has also increased. In the last 30 days, Solana has increased in value by 22.44%. At the time of writing, SOL was trading at $23.59. Given its steady increase, experts believe that Solana will pass $30 in August. Confidence In Polygon Remains High Despite POL Proposal Polygon’s price increases slowed over the last week after Polygon founders proposed an upgrade to Polygon's native token. This proposal has caused Polygon to decrease in value by 2.24%, andcreated confusion throughout the Polygon community. The development team has proposed replacing MATIC tokens with POL. This new token would be used throughout the Polygon network, though investors are questioning why the upgrade needs to be made. Nonetheless, confidence in Polygon continues to rise. PancakeSwap recently launched its v3 on the Polygon zkEVM Mainnet Beta, which is a huge win for the Polygon ecosystem. Currently trading at $0.6897, analysts believe that Polygon will increase to $1 by the end of the year. Despite this increase, experts still predict that Everlodge will be a more profitable investment. Find out more about the Everlodge (ELDG) Presale Website: https://www.everlodge.io/ Telegram: https://t.me/everlodge Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Polygon and Solana are two of DeFi’s most popular altcoins. In 2023, both projects have grown their ecosystems, with Solana taking a slight lead over Polygon in terms of market cap. Now, however, a new cryptocurrency could outperform both. Everlodge is a new DeFi project set to release in 2023. It has revolutionary utility and could offer returns of 280% during its presale. Here’s why analysts are choosing Everlodge over Polygon and Solana. Find Out How To Buy Everlodge (ELDG) Everlodge Brings Travel Properties To Web3 Everlodge is a DeFi property marketplace designed for luxury villas, vacation homes, and hotels. Its marketplace lets individuals buy, sell and invest in fractional real estate on the blockchain. To achieve this, a property is minted into an NFT and fractionalized. For example, A $2 million luxury villa in Spain could be fractionalized into 20 fragments. Each can then be purchased or sold for $200,000, reducing the amount an investor needs for their investment. Everlodge will also offer a launchpad designed for property developers. This launchpad will let developers raise capital from the Everlodge community to kick-start developments. Investors will then profit from getting involved in developments early to maximize their returns. In addition to its launchpad and property marketplace, Everlodge will offer an exclusive rewards club. As part of the rewards club, investors will earn free nightly stays across properties throughout the Everlodge ecosystem. Several tiers will be available and will determine the properties and number of stays an individual gets. Members aren’t obliged to use this timehowever. Instead, it can be sold on third-party platforms such as Airbnb to generate another income source. Investors who co-own properties will be able to use their NFT as collateral to obtain other short term loans. This will give them access to more capital to quickly scale their property portfolio. ELDG tokens will be used throughout the Everlodge ecosystem. They will grant holders a number of benefits such as staking bonuses, discounts on property and free stays at properties. Tokens will start at $0.01 when the Everlodge presale begins, and are expected to hit $0.035 before tokens are launched on mainstream exchanges. Experts Predict That Solana Will Pass $30 Solana’s total value locked has consistently increased since the start of 2023. Over the last month, Solana’s TVL has stayed above $1 billion. This indicates that confidence in Solana is starting to build following the project's crash in June. Furthermore, Solana’s value has also increased. In the last 30 days, Solana has increased in value by 22.44%. At the time of writing, SOL was trading at $23.59. Given its steady increase, experts believe that Solana will pass $30 in August. Confidence In Polygon Remains High Despite POL Proposal Polygon’s price increases slowed over the last week after Polygon founders proposed an upgrade to Polygon's native token. This proposal has caused Polygon to decrease in value by 2.24%, andcreated confusion throughout the Polygon community. The development team has proposed replacing MATIC tokens with POL. This new token would be used throughout the Polygon network, though investors are questioning why the upgrade needs to be made. Nonetheless, confidence in Polygon continues to rise. PancakeSwap recently launched its v3 on the Polygon zkEVM Mainnet Beta, which is a huge win for the Polygon ecosystem. Currently trading at $0.6897, analysts believe that Polygon will increase to $1 by the end of the year. Despite this increase, experts still predict that Everlodge will be a more profitable investment. Find out more about the Everlodge (ELDG) Presale Website: https://www.everlodge.io/ Telegram: https://t.me/everlodge Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Granite city, U.S. Outlying Islands, August 14th, 2023, ChainwireBTCX Token, a revolutionary platform inspired by the rebranding of Twitter and the visionary influence of Elon Musk, has secured $1.5 million in pre-seed and seed funding to address inefficiencies in the cryptocurrency market. With the aim of upgrading Bitcoin by introducing hyper-deflationary features, BTCX Token seeks to redefine the future of cryptocurrency, tackling key challenges such as volatility, inefficiency, scalability, and sustainability.The recently concluded funding, with a valuation of $10 million, is backed by prominent names in the industry by following the steps of the early-staged Bitcoin, enabling BTCX Token to fully enhance its technological foundation and expand both within and outside the cryptocurrency ecosystem. The involvement of experienced Advisory Board members ensures that BTCX Token will solidify its innovative presence in the market.BTCX Token's unique approach in the form of the combustion model represents a systematic means of controlling supply. By permanently reducing the circulating supply through burning, it creates a scarcity that drives value, echoing transformative moves by tech giants and industry leaders. Unlike arbitrary burning mechanisms, BTCX Token's strategy is thoughtfully aligned with its core ideology, crafting a stable and thriving cryptocurrency ecosystem that promises future appreciation.The BTCX Token also introduces a novel concept in staking, offering investors a chance to earn BTCX tokens passively by holding them using BTCX's disrupting algorithm. This simplification and democratization of staking marks a significant milestone, setting it apart from more traditional and volatile avenues. By rewarding stakers, BTCX Token aligns user interests with network growth, creating a mutually beneficial environment. This alignment of incentives fosters community participation and engagement, a crucial factor for enduring success in the rapidly changing crypto world.The Tokenomics of BTCX Token are intricately woven into the fabric of its design, ensuring long-term viability and a deep commitment to growth. With a total supply of 21,000,000 BTCX Token, the structure includes 5,250,000 BTCX Token for presale, 8,610,000 BTCX Token for burning, 5,040,000 BTCX Token as a reward for staking, and 2,100,000 BTCX Token for liquidity. The presale of BTCX Token Token allowed investors to buy at attractive prices, reflecting the community's confidence in this groundbreaking project. By staying attuned to market needs and trends, BTCX Token demonstrates adaptability, a vital factor in the rapidly evolving crypto landscape.The platform's ideology is firmly rooted in inspiration and innovation, and it's poised to pave the way for the next Bitcoin era, offering solutions, opportunities, and a vision for the future. By focusing on adaptability, security, and performance, BTCX Token connects diverse liquidity hubs without fragmentation, ensuring relevance and resilience. The revolution has begun, and BTCX Token is leading the charge.After months of development and testing, BTCX Token is ready to embark on a new chapter in crypto history, signifying a leap in thinking and evolution in the cryptocurrency space. As the project's public mainnet is set to open, the world watches with anticipation, recognizing BTCX Token as more than just a new Token; it's the beginning of a new era.For more information about BTCX Token, please visit: BTCX.IOAbout BTCX TokenBTCX Token is more than just a cryptocurrency; it signifies a leap in thinking and an evolution inspired by innovative leadership. By addressing industry needs and introducing innovations in staking, combustion, and presale strategies, BTCX Token is poised to pave the way for the next Bitcoin era.Website | Twitter | TelegramContactPRMason CallahanBitcoin [email protected]

Granite city, U.S. Outlying Islands, August 14th, 2023, ChainwireBTCX Token, a revolutionary platform inspired by the rebranding of Twitter and the visionary influence of Elon Musk, has secured $1.5 million in pre-seed and seed funding to address inefficiencies in the cryptocurrency market. With the aim of upgrading Bitcoin by introducing hyper-deflationary features, BTCX Token seeks to redefine the future of cryptocurrency, tackling key challenges such as volatility, inefficiency, scalability, and sustainability.The recently concluded funding, with a valuation of $10 million, is backed by prominent names in the industry by following the steps of the early-staged Bitcoin, enabling BTCX Token to fully enhance its technological foundation and expand both within and outside the cryptocurrency ecosystem. The involvement of experienced Advisory Board members ensures that BTCX Token will solidify its innovative presence in the market.BTCX Token's unique approach in the form of the combustion model represents a systematic means of controlling supply. By permanently reducing the circulating supply through burning, it creates a scarcity that drives value, echoing transformative moves by tech giants and industry leaders. Unlike arbitrary burning mechanisms, BTCX Token's strategy is thoughtfully aligned with its core ideology, crafting a stable and thriving cryptocurrency ecosystem that promises future appreciation.The BTCX Token also introduces a novel concept in staking, offering investors a chance to earn BTCX tokens passively by holding them using BTCX's disrupting algorithm. This simplification and democratization of staking marks a significant milestone, setting it apart from more traditional and volatile avenues. By rewarding stakers, BTCX Token aligns user interests with network growth, creating a mutually beneficial environment. This alignment of incentives fosters community participation and engagement, a crucial factor for enduring success in the rapidly changing crypto world.The Tokenomics of BTCX Token are intricately woven into the fabric of its design, ensuring long-term viability and a deep commitment to growth. With a total supply of 21,000,000 BTCX Token, the structure includes 5,250,000 BTCX Token for presale, 8,610,000 BTCX Token for burning, 5,040,000 BTCX Token as a reward for staking, and 2,100,000 BTCX Token for liquidity. The presale of BTCX Token Token allowed investors to buy at attractive prices, reflecting the community's confidence in this groundbreaking project. By staying attuned to market needs and trends, BTCX Token demonstrates adaptability, a vital factor in the rapidly evolving crypto landscape.The platform's ideology is firmly rooted in inspiration and innovation, and it's poised to pave the way for the next Bitcoin era, offering solutions, opportunities, and a vision for the future. By focusing on adaptability, security, and performance, BTCX Token connects diverse liquidity hubs without fragmentation, ensuring relevance and resilience. The revolution has begun, and BTCX Token is leading the charge.After months of development and testing, BTCX Token is ready to embark on a new chapter in crypto history, signifying a leap in thinking and evolution in the cryptocurrency space. As the project's public mainnet is set to open, the world watches with anticipation, recognizing BTCX Token as more than just a new Token; it's the beginning of a new era.For more information about BTCX Token, please visit: BTCX.IOAbout BTCX TokenBTCX Token is more than just a cryptocurrency; it signifies a leap in thinking and an evolution inspired by innovative leadership. By addressing industry needs and introducing innovations in staking, combustion, and presale strategies, BTCX Token is poised to pave the way for the next Bitcoin era.Website | Twitter | TelegramContactPRMason CallahanBitcoin [email protected]

Web3 video games franchise WAGMI Games has announced a couple of new executive hires, enhancing its dynamic team with experienced talent from some of the biggest names in the gaming industry. The new hires include Esteban Gil, formerly of Garena Free Fire, and Brent Pease, who previously held a senior role at Electronic Arts, the legendary company behind the FIFA football franchise. WAGMI said it was delighted to be able to announce the new hires, who bring a wealth of expertise from established games developers to help transform the industry with the unique advantages of Web3. If you haven't heard of WAGMI, it’s essentially a video games studio that’s focused on Web3 gaming. In Web3 video games, players are uniquely able to own in-game assets such as characters, weapons and skins, which are represented by non-fungible tokens that can be bought and sold at will. Web3 gaming also provides unique incentives for players with in-game rewards such as WAGMI tokens which can be earned for completing daily challenges and beating other players in head-to-head matches. WAGMI’s flagship title is WAGMI Defense, a sci-fi themed tower defense game in the mould of Plants vs. Zombies or Kingdom Rush Vengeance. Players are required to strategically place their troops and set their traps in order to defend their tower from the enemy onslaught. They need to stand up to the assault for three minutes per match, and with each round they win they’ll earn an in-game resource called NiFe that can be used to buy other items or traded for cryptocurrency. Gil, who previously led Garena Free Fire and served as Lean Portfolio Management at Respawn and Apex Legends, is being hired to assume a similar role at WAGMI. In particular, he’ll be tasked with overseeing the company’s business strategy development, focused on driving demand for consumer-oriented products. In a statement, Gil said he’s excited to apply his skills and experience to Web3, and stated his belief that technologies such as NFTs can revolutionize the gaming industry. “By leveraging these cutting-edge technologies, we can deliver even more engaging and immersive gaming experiences to our fans around the world,” he added. As for Pease, he joins the company from EA, where he most recently served as its Director of Operations. As a highly experienced industry executive, he will assume a combined COO/GM role at WAGMIU, where he’ll be tasked with overseeing the company’s day-to-day operations and focus on the implementation of key growth strategies. Pease is said to be a widely respected figure in the video gaming industry, having previously founded Industrial Toys, which was later acquired by EA. “'I am honored to have been asked to bring my 30 years of experience in building games and companies to this incredible team of passionate creators,” Pease said. “This is the most exciting vision for players I have seen and I look forward to making amazing games at WAGMI that thrill our ever-growing community.” There is certainly lots of room for WAGMI to grow. At present, Web3 games attract barely 3% of the estimated three billion video games players in the world. Yet WAGMI says the advantages of Web3 gaming are so compelling that if it’s able to lower the barrier to entry by easing onboarding friction, this number will surely grow. Of course, is Web3 gaming is to really catch on, the industry will need to develop truly engaging games that can capture the imagination of millions of gamers, just as legendary titles from the Web2 gaming world, such as GTA and Fortnite, have done. This explains WAGMI’s decision to go after talent with experience in the traditional video game industry. “To have AAA Talent like Brent and Esteban join our team is a real testament to what we are building,” said WAGMI’s chief executive Ian Bentley. “They see clearly not only our vision as a franchise, but also this once in a lifetime opportunity to be a part of history in evolving the gaming space.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Zug, Switzerland, August 4th, 2023, ChainwireD8X's pre-seed round features Polygon Ventures, Axelar Network, Swissborg Ventures and othersD8X, an institutional-grade decentralized exchange (DEX) for derivatives on Polygon zkEVM, announced a $1.5 million pre-seed round with support from Polygon Ventures and other notable investors. The capital will help D8X launch a decentralized derivatives trading platform in the second half of 2023 that provides a white-labeling solution to trading partners seeking access to powerful derivatives products.The pre-seed round for D8X includes additional participation from Axelar Network, Swissborg Ventures, Cogitent Ventures, Veris Ventures, G1 Ventures, Pragma Ventures, CryptoDiscover and others.“DeFi is reshaping the future of finance. Projects like D8X are building the infrastructure that will help legacy finance to leap into web3,” said Polygon Co-Founder Sandeep Nailwal.Bridging CeFi to DeFiD8X's founders bet on centralized players wanting to offer decentralized crypto derivatives to their clients without having to hire experts to develop in-house market-making and trading engines. D8X provides a white-label solution to partners who act as brokers and earn fees by running their own front ends powered by the D8X trade engine and shared liquidity.Financial Engineering On ChainD8X’s sophisticated on-chain solutions curb costs and offer products that are competitive with centralized exchanges, such as cost-efficient hedging, a prerequisite for building a highly functional derivative trading space. Contract trading allows other DeFi protocols to efficiently hedge on-chain. Their perpetuals can be calibrated for a wide range of assets and support—as a first in DeFi—linear, inverse and quanto perpetuals. At launch, a liquidity pool in Lido's staked ETH (stETH) will enable liquidity providers to earn the Lido yield while simultaneously participating in the DEX’s earnings.D8X is the first business-to-business (B2B) DEX built on Polygon’s zkEVM, harnessing the power of zero-knowledge proofs to cut transaction fees, increase security and scale operations across the Polygon and Ethereum networks.“D8X is part of a driving force of innovation and community in Polygon’s 2.0 zero-knowledge space,” said Polygon Director of Growth Hamzah Khan.D8X is a fully decentralized DEX following regulatory guidance from Switzerland’s financial market regulator FINMA.“We thank all our investors for believing in D8X's vision to bring truly decentralized derivatives as white-labeling solutions to institutions. With best-in-class financial engineering and risk management, D8X is changing the way decentralized derivatives are traded,” said D8X co-founder Caspar Sauter.The production codebase of D8X was audited by PeckShield and an earlier version was audited by Hacken.About D8XD8X is a Polygon Ventures-supported institutional-grade perpetual futures DEX with a financial engineering approach that elevates the way perpetual futures can be traded on-chain. Think of a powerful and decentralized trading platform on Polygon zkEVM that offers white-labeling to institutions. D8X’s pricing mechanism adapts to changing market conditions protecting liquidity providers and profitable traders in volatile periods, resulting in superior DeFi trading conditions.D8X | Twitter | GitHub | DocsContactPR DirectorPatrick [email protected]

Dubai, United Arab Emirates, August 3rd, 2023, ChainwireDubai has emerged as a global VDA hub and digital market convergence by 3.0 Verse will further benefit the global markets and users.In the dynamic world of large number of trading platforms and cryptocurrencies, the need for an intelligent, information driven and comprehensive user-friendly trade routing platform has never been more crucial. Today, 3.0 Verse is extremely happy to unveil from Dubai, its 3.0 Verse solution, a cutting-edge trade routing platform that brings together the best of both Centralized Finance (CeFi) (Binance, Huobi, Gate IO and OKX) and Decentralized Finance (DeFi) (AAVE, Compound, Curve, Uniswap, Sushi swap and Pancake swap).This innovative platform is poised to revolutionize the crypto trading experience, providing users with seamless access to multiple exchanges, decentralized protocols, information, analytics, BoTs and support ecosystem all from a single interface. The 3.0 Verse solution also has a media channel through 3.0 TV and an educational channel through 3.0 University.A World of Convenience and EfficiencyMulti-Market Trade Routing Platform- The heart of 3.0 Verse lies in its Multi-Market Trade Routing Platform, offering a ground-breaking solution to the fragmented trading experiences faced by crypto participants. This feature empowers users to effortlessly trade on renowned CeFi exchanges along with multiple DeFi platforms besides automated BoT Trading. The beauty of the platform is that a user can do all this from one unified screen and single technology infrastructure. With 3.0 Verse, gone are the days of multiple KYC verifications and the hassles of navigation between exchanges. Our platform consolidates the crypto trading experience and support system on a single platform.Empowering Traders with KnowledgeTrending Coin Monitoring and Market Calls In markets, knowledge is power. 3.0 Verse equips traders with invaluable insights through its Trending Coin Monitoring feature, tracking the hottest coins across CeFi platform, routing lending and borrowing or swapping based on most AI driven most efficient markets.Additionally, the pooled Market Calls feature offers a success rate of over 86% in the last five months, providing users with expert market analysis. Armed with curated content and timely information, traders can confidently make informed decisions. If the users desires to use trading strategies without manual intervention due to long trading hours then the users can use their desired Trading Strategies through the inbuilt trading BoT."In an ever-evolving crypto landscape, convenience and significance are paramount for crypto participants. 3.0 Verse aims to revolutionize the trading experience, uniting CeFi and DeFi on one intuitive platform. At 3.0 Verse, we believe that curated content, market news, data and analytics is instrumental in guiding the users towards smart and informed trading decisions. We constantly enrich the crypto community through 3.0 Verse, 3.0 TV and 3.0 University. With this pioneering trading platform, we aspire to open new doors of opportunities for all crypto enthusiasts." said Mr. Mayur Poddar, Director of 3.0 Verse.The Technology The 3.0 Verse solution is a technology wonder as it handles massive real-time market prices, data, news, orders, trades, queries, analytics, BoTs processing, index computation and education content of LMS of 3.0 University, videos of 3.0 TV, from multiple sources and then aggregates, disseminates and confirms transaction online real time 24/7 with extremely low latency. The 3.0 Verse solution is robust, fault-tolerant, auto-scalable architecture and highly secure with Google Cloud Armour.3.0 Verse invites all crypto enthusiasts and traders to embark on a transformative journey. With its intuitive interface, inclusive access to CeFi and DeFi, and expert market insights, users can navigate the crypto universe with ease and confidence.Mr. Mayur Poddar, added: "3.0 verse App is a technology innovation designed to converge global market ecosystem, efficiency and ease of operation for the users trading in virtual digital asset class. We are happy to have strategic collaborations with the ecosystem partners to ensure that end users have seamless access to markets and services. We are open to partnerships with multiple partners who wish to reach end clients with their products or service as our efforts are collaborative and in the interest of the end users. With a focus on technology innovation, information analytics, and user-centric convenience, we aim to empower individuals to navigate the crypto universe with confidence and ease and yet make informed choice."The TV interview on 3.0TV can be found here– https://youtu.be/QpGViKhwyhYAbout 3.0 Verse3.0 verse is a one-of-a-kind global digital super app, which brings multiple crypto exchanges on a single platform. Users can leverage unparalleled and unprecedented benefits by accessing the world’s top CeFi and DeFi exchanges on a single dashboard. Trusted by more than 3 million users across the crypto industry, 3.0 verse is on an indefatigable mission to create an ever-growing ecosystem of digital asset class trading that can transform lives.ContactDirectorMayur Poddar3.0 [email protected]

The company plans to look for acquisition opportunities in the "highly fragmented" market, CEO Brandon Mintz said.

The company says the new index dubbed Lightning Network Rate (Liner) could be like Bitcoin’s version of the London Interbank Offered Rate (Libor), a global reference rate for loans. Liner complements Magma, the Lightning liquidity marketplace launched by Amboss last year.

Collectors known as “sat hunters” are collecting satoshis from rare Bitcoin — and those fragments may eventually be worth more than regular Bitcoin.

The race for interoperability among stablecoins has heightened in recent years as networks seek to make digital ecosystems less fragmented and exclusive.

The lawmaker said the regulation will need to be both “pragmatic” and “proportionate” to ensure economic growth is maximized.