Author: CryptoCurrencyNews

Flash News: OKX DEX Launches ZK Token Trading Campaign with a 9,000 ZK Token Prize Pool

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SINGAPORE, March 19, 2024 /PRNewswire/ — OKX, a leading Web3 technology company, has issued updates for March 19, 2024.


(PRNewsfoto/OKX)

OKX DEX Launches ZK Token Trading Campaign with a 9,000 ZK Token Prize Pool

OKX today launched a new trading campaign on its DEX aggregator, giving eligible users who trade Polyhedra Network‘s ZK tokens the opportunity to claim a share of a 9,000 ZK token prize pool. The campaign begins on March 19 at 6:00 PM (UTC+8) and ends on April 9 at 6:00 PM (UTC+8).

Users must trade ZK tokens worth more than US$100 on OKX DEX to be eligible for the campaign’s rewards. Further details on how to participate in the campaign can be found here.

Polyhedra Network offers cross-chain solutions for both Layer 1s and Layer 2s through the use of zkBridge. This utilizes zero-knowledge proof to securely verify state transitions between chains without the need for trust. zkBridge technology not only ensures robust security without external assumptions, but also lowers the costs of on-chain verification.

Note: Not all products are available in all regions. OKX reserves the right to determine and amend the rules of the campaign at any time without further notice, including but not limited to canceling, extending, or terminating this campaign, modifying the eligibility conditions for users participating in the campaign, and adjusting the campaign and reward rules. For the campaign’s full terms and conditions, click here.

For more information, please visit the OKX Support Center.

For further information, please contact:
Media@okx.com

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:

  • OKX Wallet: The world’s most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, ‘written down’ seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
  • DEX: A multi-chain, cross-chain decentralized exchange aggregator of 400+ other DEXs and approximately 20 bridges, with 200,000+ coins and more than 20 blockchains supported.
  • NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
  • Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.

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, Olympian Scotty James, and F1 driver Daniel Ricciardo.

As a leader building innovative technology products, OKX believes in challenging the status quo. The company 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 learn more about OKX, download our app or visit: okx.com

Disclaimer

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SOURCE OKX

Featured image: depositphotos © sdecoret

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Flash News: OKX Lists Polyhedra Network’s ZK Token on its Perpetual Futures Market

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NASSAU, Bahamas, March 19, 2024 /PRNewswire/ — OKX, a leading crypto exchange and Web3 technology company, has issued updates for March 19, 2024.


(PRNewsfoto/OKX)

OKX Lists Polyhedra Network’s ZK Token on its Perpetual Futures Market

OKX today listed a USDT-margined ZK token contract on its perpetual futures market at 10:30 AM (UTC), enabling users to trade ZK/USDT with up to 50x leverage. In addition, margin trading and Simple Earn for the ZK token will be enabled at 4:00 AM (UTC) on March 21, 2024.

These updates will be available across both the web and app interfaces as well as the API, providing users with more flexibility and choices in their trading strategies.

ZK is the token that fuels the Polyhedra Network, which offers cross-chain solutions for both Layer 1s and Layer 2s through the use of zkBridge. This utilizes zero-knowledge proof to securely verify state transitions between chains without the need for trust. zkBridge technology not only ensures robust security without external assumptions, but also lowers the costs of on-chain verification.

For more information, please visit the Support Center.

For further information, please contact:
Media@okx.com

About OKX

OKX is a leading global crypto exchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being one of the fastest and most reliable crypto apps in the world.

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

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

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

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

Disclaimer

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SOURCE OKX

Featured image: depositphotos © peshkova

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Norque to Launch First Blazing Fast, Secure AI and ML-Enabled Blockchain, DEX, CEX, Instant Payment via Cryptocurrency Application and Real Usability Coin/Token with Insurance Integration for Users and Stakeholders

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Norque for Security, Usability, Accessibility and Sustainability for Blockchain, Web3, Cryptocurrency, Metaverse and Physical world by integrating Artificial Intelligence, Machine Learning technology and Risks Mitigation offerings.

SAN FRANCISCO, March 19, 2024 /PRNewswire/ — Norque is coming with its ICO around April/May 2024 introducing a pioneering ecosystem that merges blockchain, AI, ML, cryptocurrency, and insurance, marking a first in the sector. Norque aims to bring security, usability, accessibility, and sustainability to the blockchain, Web3, cryptocurrency, and the metaverse.

Norque is coming with its ICO around April/May 2024, First Blazing Fast, Secure AI and ML-Enabled Blockchain, DEX, CEX, Instant Payment via Cryptocurrency Application and Real Usability Coin/Token with Insurance Integration for Users and Stakeholders

In response to the cryptocurrency market’s volatility and high-profile failures, Norque presents a novel approach by offering a digital currency with real-world value. Unlike previous projects that pursued fleeting fame LUNA, Doge and FTX, Norque focuses on providing actual utility backed by tangible assets, such as real estate and consumer goods.

Norque’s foundation is built on expertise from blockchain professionals, financial market experts, AI specialists, and global influencers. It introduces the first AI and ML-driven blockchain tailored for insurance claim settlements, enhancing efficiency and accessibility. Additionally, the project launches NOQ, a token underpinned by real-world assets, enabling purchases across blockchain, crypto, metaverse, and insurance services.

https://youtu.be/GtXLgA7IxK0 

A standout feature is the introduction of the first Decentralized Exchange (DEX) and a unique Centralized Exchange (CEX) with integrated insurance capabilities and AI and ML functionalities. These platforms are designed to redefine reliability and functionality in decentralized and centralized finance.

Norque’s comprehensive insurance solutions cater to crypto investors, institutions, exchanges, and metaverse participants, addressing the critical need for risk mitigation in the crypto space. This initiative aims to boost confidence and stability, setting a new benchmark in the industry.

The project also unveils an application facilitating seamless crypto payments and currency conversions, empowering users to make purchases ranging from daily necessities to significant assets with cryptocurrency. Certik certification is in process.

P. Nakamoto himself, in a guest show, highlights the project’s ambition to exceed the practical applications of predecessors by leveraging real-world asset backing and addressing market volatility through innovative risk mitigation strategies. Norque’s introduction is timely, aiming to foster stability and promote wider adoption amid the challenges faced by the crypto and metaverse sectors.

To know more: www.norque.io.

https://youtu.be/pNWnr8UM0xc 

Join the Norque Universe:

twitter.com/NorqueNoq
https://norque.medium.com/
https://discord.gg/NdHtsKa4va
https://t.me/NORQUE_NOQ
https://t.me/ConvalexaNOQ
https://www.reddit.com/r/NOQ/

Contact:  Mr. Jes Jim, media@norque.io, +44-7361627958

Infographic – https://megastockalert.com/wp-content/uploads/2024/03/Norque_Infographic.jpg

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Featured image: depositphotos © merznatalia

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Sygnum tokenises Matter Labs’ treasury reserves in USD 6.9bn Fidelity MMF

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  • On behalf of its client Matter Labs, Sygnum is investing USD 50m into Fidelity’s Institutional Liquidity Fund (ILF)
  • Sygnum generates on-chain representation by issuing security tokens that act
    as secure and transparent “Proof-of-Reserves” for Matter Labs’ treasury reserves
  • Represents first step in Matter Labs’ long-term strategy to move its treasury
    reserves on-chain with trusted institutional custodians
  • By tokenising traditional securities, Sygnum is strengthening the Crypto-TradFi bridge and laying the foundations for a fully-tokenised ecosystem

ZURICH, March 19, 2024 /PRNewswire/ — Sygnum, a global digital asset banking group, is tokenising USD 50m of Matter Labs’ treasury reserves onto the zkSync blockchain. The Sygnum-issued security tokens act as on-chain representations of units from Fidelity International’s (“Fidelity”) USD 6.9bni Institutional Liquidity Fund (ILF) to generate a secure and transparent “Proof-of-Reserves.”


zkSync  Sygnum

Matter Labs is a software development, engineering, and cryptography company focused on creating scaling solutions for Ethereum and contributing to the improvement of zk-rollup technology, such as zkSync. zkSync is a layer 2 blockchain protocol designed to scale the performance of Ethereum, the second largest cryptocurrency. The investment marks the first step of Matter Labs’ long-term strategy to move its treasury reserves on-chain with institutional custodians like Sygnum.

This is the first project to leverage the capabilities of Sygnum’s multi-chain tokenisation solution with traditional securities. With the tokenisation of the investment in Fidelity’s money market fund, Sygnum further strengthens Crypto-TradFi connections and lays the foundations for a fully-tokenised ecosystem.

Jürg Rimle, Country Head Switzerland at Fidelity International, says “We welcome the partnership with Sygnum Bank that expands access for professional and institutional investors – and strengthens the trusted bridge between the emerging digital asset economy and traditional finance.”

Fatmire Bekiri, Sygnum Head of Tokenisation, says “Working with Fidelity and utilising zkSync, Sygnum leverages both the power of the blockchain and the experience of a global Tier 1 investment manager. It’s a prime illustration of our mission to connect Crypto and Trad-Fi and build Future Finance on-chain.”

Marco Cora, Matter Labs SVP of Business and Operations, says “Moving USD 50m of our treasury reserves onto the zkSync blockchain showcases its institutional-grade security as well as our commitment to transparency. We’re eager to collaborate with Sygnum to bring part of the Fidelity money market fund on the zkSync blockchain for investors.”

Matter Labs’ strategic move bringing its treasury reserves on-chain is part of the growing Real World Assets (RWA) tokenisation trend which in 2023 increased 74% to USD 2.5bnii. Their enhanced liquidity and accessibility – as well as the increased attractiveness of traditional yield-bearing instruments – is driving new levels of transparency, efficiency and new product creation in financial markets.

About Sygnum
Sygnum is a global digital asset banking group, founded on Swiss and Singapore heritage. We empower professional and institutional investors, banks, corporates and DLT foundations to invest in digital assets with complete trust. Our team enables this through our institutional-grade security, expert personal service and portfolio of regulated digital asset banking, asset management, tokenisation and B2B services. In Switzerland, Sygnum holds a banking licence and has CMS and Major Payment Institution Licences in Singapore. The group is also regulated in the established global financial hubs of Abu Dhabi and Luxembourg. We believe that the future has heritage. Our crypto-native team of banking, investment and digital asset technology professionals are building a trusted gateway between the traditional and digital asset economies that we call Future Finance. To learn more about how Sygnum’s mission and values are shaping this digital asset ecosystem, please visit sygnum.com

Media contact:
Dominic Castley, Chief Marketing Officer
dominic.castley@sygnum.com
+41 58 508 21 01

Sygnum Bank AG
Uetlibergstrasse 134a 8045
Zurich, Switzerland

Disclaimer: The information in this publication pertaining to Sygnum Bank AG (“Sygnum”) is for general information purposes only, as per date of publication and should not be considered exhaustive. This publication does not consider the financial situation of any natural or legal person, nor does it provide any tax, legal or investment advice. This publication does not constitute any advice or recommendation, an offer or invitation by or on behalf of Sygnum to purchase or sell any assets. When making an investment decision, you should either conduct your own research and analysis or seek advice from an expert. No elements of precontractual or contractual relationship are intended. While the information is believed to be from accurate and reliable sources, Sygnum makes no representation or warranties, expressed or implied, as to the accuracy of the information and Sygnum expressly disclaims any and all liability that may be based on such information, omissions, or errors thereof. If nothing is indicated to the contrary, all figures are unaudited. Any statements contained in this publication attributed to a third party represent Sygnum’s interpretation of the data, information and/or opinions provided by that third party either publicly or through a subscription service, and such use and interpretation have not been reviewed by the third party. Sygnum reserves the right to amend or replace the information, in part or entirely, at any time, and without any obligation to notify the recipient of such amendment / replacement or to provide the recipient with access to the information. Simultaneously, there is no obligation of Sygnum to inform recipients of information, if before provided information later becomes outdated, inaccurate or obsolete, unless otherwise provided by applicable law. The information provided is not intended for use by or distributed to any individual or legal entity in any jurisdiction or country where such distribution, publication or use would be contrary to the law or regulatory provisions or in which Sygnum does not hold the necessary registration, approval authorization or license. Except as otherwise provided by Sygnum, it is not allowed to modify, copy, distribute or reproduce, display, license, or otherwise use any content for commercial purposes. The information herein refers to products and services of Sygnum and therefore constitutes advertising according to Art. 68 of the Swiss Financial Services Act (“FinSA”). Nonetheless, this document contains only general material and does not consider the financial situation of any natural or legal person, nor does it provide any tax, legal or investment advice. In particular, this publication does not constitute (i) any advice or recommendation, an offer or invitation by or on behalf of Sygnum to purchase or sell any assets; (ii) an inducement or incitement to participate in any product, offering or investment; (iii) a prospectus or key information document according to Swiss laws and regulations; nor shall it be construed as such. Where applicable, the full offering documentation of the products mentioned in this publication (such as for example the prospectus, offering memorandum, key information document (Basisinformationsblatt) may be obtained free of charge at Sygnum Bank AG, Uetlibergstrasse 134a, 8045 Zurich, Switzerland and/or by contacting us at https://www.sygnum.com/contact/. Some of the products mentioned in this publication might not qualify as units of a collective investment scheme according to the relevant provisions of the Swiss Federal Act on Collective Investment Schemes (“CISA”), as amended, and are not licensed thereunder. Therefore, neither such products nor the issuer is governed by the CISA nor approved by the Swiss Financial Market Supervisory Authority FINMA (“FINMA”). Accordingly, for such products investors do not have the benefit of the specific investor protection provided under the CISA. These materials and this publication are for distribution only under such circumstances as may be permitted by applicable laws. They are not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or would subject Sygnum or its partners to any registration, licensing or other legal requirement within such jurisdiction. Unless explicitly stated otherwise, no action has been or will be taken by Sygnum or its partners that would permit a public offering or a distribution of the products or possession or distribution of any offering material in relation to the products in any jurisdiction where action for that purpose is required. No offers, sales, resales or deliveries of any products or distribution of any offering material relating to any products may be made in or from any jurisdiction except in circumstances which will result in compliance with any applicable laws and regulations, and which will not impose any obligation on Sygnum. Where applicable, if and to the extent Sygnum has registered its prospectus with a prospectus evaluation body or a regulatory authority, further reference regarding the applicable selling and transfer restrictions is made to such prospectus. These materials may include statements that are, or may be deemed to be, “forward-looking statements”. These forward-looking statements include, for example, the terms “believes”, “estimates”, “plans”, “projects”, “anticipates”, “expects”, “intends”, “may”, “will” or “should” or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. Forward-looking statements may and often do differ materially from actual results. Forward-looking statements speak only as of the date they are made. Without prejudice to any requirements under applicable laws and regulations, Sygnum and each of the participating authorized participants expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained in these materials to reflect any change in expectations thereof or any change in events, conditions or circumstances on which any such forward-looking statement is based, whether as a result of new information, future developments or otherwise. These materials are not a complete statement of the markets and developments referred to herein. Where applicable, some figures may refer to past performances or simulated past performances and past performance is not a reliable indicator of future results. Some figures may be forecasts only and forecasts are not a reliable indicator of future performance. Investment decisions should always be taken in a portfolio context and make allowance for your personal situation and consequent risk appetite and risk tolerance. No reliance may be placed for any purpose on the information contained in these materials or its accuracy or completeness. None of the participating authorized offerors, authorized participants, or distributors or any of their respective directors, officers, employees, advisers or agents accepts any responsibility or liability whatsoever for or makes any representation or warranty, express or implied, as to the truth, accuracy or completeness of the information in these materials (or whether any information has been omitted from them) or any other information relating to Sygnum or associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of these materials or its contents or otherwise arising in connection therewith. 

About Matter Labs
Matter Labs is a leading research and development company focused on the creation of scaling solutions for Ethereum and other blockchains. The company is a pioneer in zero-knowledge proof technology, which it leverages to build blockchain infrastructure that enables fast, secure, and scalable transactions. With a commitment to privacy and decentralization, Matter Labs is driving the next wave of innovation in blockchain technology.    

About zkSync
zkSync uses cutting-edge zero-knowledge (ZK) technology to scale Ethereum and bring crypto to the mainstream — reaching millions of developers and billions of people in need of a technological solution for achieving progress and prosperity.  zkSync makes it possible for enterprises and financial institutions to easily deploy their app-chain, setting their custom privacy requirements, all while remaining interoperable with other chains and without compromising on security and performance.

Deeply rooted in its mission to advance personal freedom for all, the zkSync blockchain network makes digital self-ownership universally available. It is trustless, secure, reliable, censorship-resistant, privacy-preserving, hyper-scalable, accessible, and sovereign. To learn more about zkSync, visit zksync.io.         

About Fidelity International
Fidelity International offers investment solutions and services and retirement expertise to more than 2.9 million customers globally. As a privately held, purpose-driven company with a 50-year heritage, we think generationally and invest for the long term. Operating in more than 25 locations and with $776.2 billion in total assets, our clients range from central banks, sovereign wealth funds, large corporates, financial institutions, insurers, and wealth managers, to private individuals.

Our Workplace & Personal Financial Health business provides individuals, advisers and employers with access to world-class investment choices, third-party solutions, administration services and pension guidance. Together with our Investment Solutions & Services business, we invest $560.4 billion on behalf of our clients. By combining our asset management expertise with our solutions for workplace and personal investing, we work together to build better financial futures. Data as at 31 December 2023. Read more at fidelityinternational.com.

i As at end of February 2024
ii Galaxy Digital: Overview of On-Chain RWAs and the Forces Propelling their Growth

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SOURCE Matter Labs

Featured image: depositphotos © makidotvn

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Mintos expands its reach and officially debuts in France and the Netherlands

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BERLIN, March 19, 2024 /PRNewswire/ — Following its successful entrance in Germany, Italy and Spain, Mintos, the multi-asset platform offering a unique mix of alternative and traditional investment options, continues its European rollout by making its official debut in the French and Dutch investment markets. Since its founding in 2015, the platform has attracted over 500,000 users across Europe. Authorised by MiFID, the company currently manages over 600 million euros in assets under administration.

mintos logo


Investment Trends in France and the Netherlands

According to a recent survey conducted by AMF in France in collaboration with the European Union through the OECD*, nearly 1 in 4 French individuals report owning investments in financial instruments or crypto-assets. The survey reveals that new investors are primarily driven by the desire to diversify their savings, with 35% citing this as their primary reason for investing. An overwhelming 90% of investors believe that maintaining their investments over the long term will yield profitable returns.

In the ever-evolving landscape of investment, we want to emerge as the go-to platform for investors seeking sustained portfolio growth over time, prioritising stability over speculative gains.” comments Martins Sulte, CEO and co-founder of Mintos.

Similarly, Statistics Netherlands (CBS) and the Dutch Authority for the Financial Markets (AFM)** report that among the approximately 8.3 million private households in the Netherlands, approximately a quarter (totaling around 1.9 million), actively engage in investment activities.

“These findings underscore the widespread interest and participation in investment opportunities among Dutch households, reflecting a growing awareness of the importance of financial planning and wealth management” adds Martins Sulte.

Mintos offering: loans, Fractional Bonds and ETFs.

Mintos already holds a prominent position as the leading European platform for investing in loans, offering investors the opportunity to invest in consumer and small business credit for potentially attractive long-term returns.

Another recent addition to Mintos’ offerings is Fractional Bonds which allow customers to invest in high-yield bonds from as little as €50 and zero commissions and enjoy regular, fixed returns.

Mintos distinguishes itself by offering managed ETF portfolios with a minimum investment of €50 and completely free of charge, a significant advantage compared to other players in the market. These include bond and equity ETFs from renowned providers such as Amundi, iShares, JP Morgan, Vanguard, and others.

Investments in financial instruments are associated with risks.

* Source AMF France 

** Source dnb Netherland 

Media contact: email giulia.meloni@mintos.com, contact number +49 1627383049

Logo –  https://megastockalert.com/wp-content/uploads/2024/03/mintos_logo.jpg

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SOURCE Mintos

Featured image: depositphotos © KostyaKlimenko

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Flash News: OKX NFT Marketplace Enables Users to View and Accept Bids on Tensor

This post was originally published on this site

SINGAPORE, March 18, 2024 /PRNewswire/ — OKX, a leading Web3 technology company, has issued updates for March 18, 2024.


(PRNewsfoto/OKX)

OKX NFT Marketplace Enables Users to View and Accept Bids on Tensor

OKX today announced a new upgrade that enables its users to view and accept bids on Tensor, a leading NFT marketplace on Solana, through the OKX NFT Marketplace. This upgrade aims to give OKX’s Web3 users enhanced flexibility and convenience, benefiting from a broader reach for their Solana NFT listings.

On December 17, 2023, OKX also introduced an upgrade enabling users to list their Solana NFTs on three distinct marketplaces: OKX NFT Marketplace, Magic Eden and Tensor.

OKX aims to provide its Web3 users with a more seamless, accessible and intuitive NFT management experience. Its NFT Marketplace enables artists and creators to showcase their NFTs to a wide audience and across multiple marketplaces, enhancing their visibility in the NFT space.

For more information, please visit the OKX Support Center.

For further information, please contact:
Media@okx.com

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:

  • OKX Wallet: The world’s most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, ‘written down’ seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
  • DEX: A multi-chain, cross-chain decentralized exchange aggregator of 400+ other DEXs and approximately 20 bridges, with 200,000+ coins and more than 20 blockchains supported.
  • NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
  • Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.

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, Olympian Scotty James, and F1 driver Daniel Ricciardo.

As a leader building innovative technology products, OKX believes in challenging the status quo. The company 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 learn more about OKX, download our app or visit: okx.com

Disclaimer

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SOURCE OKX

Featured image: depositphotos © EdZbarzhyvetsky

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“Mellow”: A Leap into the Martian Metaverse – Official Early Access Date Announced

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SEOUL, South Korea, March 15, 2024 /CNW/ — The Mars, a Korean developer in the metaverse game industry, has set March 28 as the official early access date for its eagerly anticipated Mars-themed multiplayer metaverse mobile game, “Mellow”. This announcement has sparked a wave of excitement across both the tech and crypto communities, culminating in a dramatic 130% increase in the value of its main token, $MRST. The significant surge in the Mars Token ($MRST) underscores the growing enthusiasm and confidence among gamers and investors, highlighting the game’s potential to redefine the metaverse gaming landscape and generating keen interest in its launch.

“Mellow” offers a unique opportunity to explore a Martian colony, replete with immersive lifestyle elements, mini-games, and now, the newly introduced thrilling obstacle run game and an avatar level-up feature akin to MMORPGs. This addition promises a richer, more engaging player experience, blending the thrill of exploration with the satisfaction of character progression.

In “Mellow”, players are invited to customize their avatars and personal spaces, utilize various vehicles for exploration, engage in social interactions through animations, participate in real-time sports, and express their creativity in numerous ways. Set against the backdrop of a serene Martian society, “Mellow” aims to provide a tranquil and leisurely virtual environment, far removed from the bustle of Earthly life.

The Mars team’s vision for “Mellow” extends beyond mere entertainment. They aim to craft a metaverse that embodies tranquility and comfort, offering an escape to a world “Better than Earth”. With the introduction of building ownership, sports activities, and communal hobbies, “Mellow” positions itself as a diverse platform catering to a wide range of interests and activities.

As the early access date approaches, potential players and crypto enthusiasts are invited to partake in this pioneering journey to Mars. The increase in the $MRST token’s value indicates growing interest and confidence in “Mellow’s” ability to be successful in the gaming and metaverse landscapes.

With an array of events planned around the early access launch, The Mars spokesperson expressed, “We have prepared an array of diverse events leading up to the early access launch, surpassing our previous endeavors. We eagerly await your interest and active participation.”

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SOURCE The Mars

Featured image: Pexels © olya kobruseva

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Flash News: OKX to Polyhedra Network’s ZK Token on its Spot Market

This post was originally published on this site

DUBAI, UAE, March 15, 2024 /PRNewswire/ — OKX, a leading crypto exchange and Web3 technology company, has issued updates for March 15, 2024.


(PRNewsfoto/OKX)

OKX to Polyhedra Network’s ZK Token on its Spot Market

OKX today announced that it will be listing Polyhedra Network‘s ZK token on its spot market on March 19, 2024 at 10:00 AM (UTC). This addition will enable users to trade ZK against USDT.
Deposits for the token were enabled at 8:00 AM (UTC) today, while withdrawals will be enabled at 10:00 AM (UTC) on March 20, 2024.
Polyhedra Network offers cross-chain solutions for both Layer 1s and Layer 2s through the use of zkBridge. This utilizes zero-knowledge proof to securely verify state transitions between chains without the need for trust. zkBridge technology not only ensures robust security without external assumptions, but also lowers the costs of on-chain verification.

For more information, please visit the Support Center.

For further information, please contact:
Media@okx.com 
About OKX

OKX is a leading global crypto exchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being one of the fastest and most reliable crypto apps in the world.

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

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

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

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

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“Cards Ahoy!” x “NARAKA”: The First Shot of Chain Game Revival with a 90% Retention Rate

This post was originally published on this site

HONG KONG, March 15, 2024 /PRNewswire/ — At the beginning of 2024, the SEC officially approved 11 Bitcoin spot ETF applications, marking a significant step towards the legalization and mainstream acceptance of the cryptocurrency industry. This event brought unprecedented vitality to the entire Web3 ecosystem, with Bitcoin breaking through the $70,000 mark to reach a new all-time high. Against this backdrop, the GameFi sector, an integral part of the cryptocurrency market, has also seen a resurgence. In this early stage of the bull market, a blockbuster game with a retention rate as high as 90% was born — “Cards Ahoy!”.

 “Cards Ahoy!” is a Web3 card game developed by the seasoned team at Metalist Game. It not only inherits the technical support and development experience from renowned gaming companies but also integrates a deep understanding of the current gaming market and a unique perspective on future trends. Throughout several rounds of rigorous testing, the game has demonstrated highly attractive data performance and player feedback.

On March 13th, the official white paper of the game was released, announcing a series of important updates, including the introduction of a brand new asset, the Mythical Card. On March 15th, an official announcement was made about the IP collaboration with NARAKA and the commencement of public test reservations. With all preparations proceeding at a rapid pace, the enthusiasm within the gaming community continues to grow. “Cards Ahoy!” is set to enter its public testing phase on March 27th, unveiling the mysteries of this highly anticipated new chain game card game and providing a more comprehensive and enriched gaming experience to players worldwide.

Impressive Test Data for “Cards Ahoy!”: A 90% Retention Rate Rekindles Interest in Blockchain Gaming

The popularity of “Cards Ahoy!” is no fluke; its unique position in the Web3 gaming domain is attributed to several advantages. As a native project on the opBNB blockchain, the game has been included in the BNB Star and Opbnb Odyess missions, garnering widespread community support and recognition. The top-tier team behind “Cards Ahoy!” comprises developers from major gaming companies such as NetEase, Ubisoft, Blizzard, and Riot Games, providing robust technical and creative backing. These experienced developers have leveraged their extensive expertise to incorporate elements from classic card games like Marvel Contest of Champions, Hearthstone, and Onmyoji, significantly enhancing the gameplay and strategic depth of “Cards Ahoy!” The game has consistently received widespread acclaim from players and high attention from the market due to its excellent game design, stunning visual effects, and innovative Web3 elements throughout multiple rounds of testing.

During its second public test, “Cards Ahoy!” already demonstrated significant potential, with over 1.6 million total pre-registrations and approximately 25,000 players participating in the beta test, including 20,000 from traditional Web2 backgrounds. The game achieved nearly 180,000 hours of online playtime, with over 40 million collisions, and a ten-day retention rate of 47%. In the trading market, the highest transaction price for a single NFT card even reached 600 USDT, indicating players’ recognition and enthusiasm for the game’s internal assets.

The data from the third test was even more impressive, with total participant numbers only at 4,500, but nearly 4,000 daily active users, and an astonishing ten-day retention rate of 90.13%. This figure not only far exceeds similar games but also sets a new benchmark for the entire Web3 gaming domain. In this test, the CAC test token of “Cards Ahoy!” topped the trading volume on the opBNB trading platform, and the total transaction volume in the NFT trading market exceeded 1.15 million USDT, with the highest single card transaction value reaching 6,000 USDT. This clearly demonstrates “Cards Ahoy!’s” unique position in the hearts of players and its potential for future appreciation.

New White Paper Released! Introducing Mythic Cards to Enhance Player Asset Value

On March 13th, the official new white paper for “Cards Ahoy!” was released, revealing significant adjustments and innovative highlights for the game’s future development, providing players and investors with a clearer vision of the game and its economic model. Among these updates, Mythic Cards, as the top governance assets within the game’s ecosystem, were particularly emphasized, indicating their central role in the player asset system and their multidimensional value.

The total number of Mythic Cards is strictly limited to 9,680, and they are standardized under ERC-721 to ensure their unique attributes and values. Each Mythic Card belongs to one of the four factions in the game: Animals, Plants, Zombies, or Neutral, and is directly endowed with the highest level of combat power, Level 10, making them a key factor in changing the course of battles. The white paper highlights that players owning Mythic Cards will enjoy top-tier game utility value, which not only means having an advantage in battles but also represents the ability to achieve higher victory rates through strategic team composition and tactical planning. Additionally, Mythic Cards will serve as a bridge connecting globally renowned IPs with the world of “Cards Ahoy!”, introducing a diverse cultural IP world that brings continuous benefits to players, thereby significantly enhancing the cultural value and global influence of Mythic Cards.

More importantly, as significant assets for game governance, Mythic Cards will grant their holders the power to participate in the governance of the game’s ecosystem. This means that players can directly influence the game’s future development direction and rule changes, playing a more active and central role in the game’s ecosystem.

With these comprehensive and in-depth designs, the release of the “Cards Ahoy!” white paper has clarified the importance of Mythic Cards in the game, not only greatly enriching the asset value for players but also providing a solid foundation for the sustainable development of the game’s ecosystem and deep engagement within the player community.

Web3’s “Clash Royale”: The Must-Play Mobile Game of 2024

“Cards Ahoy!” is meticulously crafted by the avant-garde team at Metalist Game, encapsulating the elite wisdom from giants in the gaming industry such as NetEase, Ubisoft, Blizzard, and Riot Games, signifying its leading position in the Web3 gaming domain. This team boasts a successful collaboration history with renowned entities like the Associated Press and “NARAKA”, and has joined forces with The Ton Network aiming to launch the first Telegram game within the Ton ecosystem, suggesting “Cards Ahoy!” could be a pivotal force in triggering a bull market. With Telegram’s 800 million monthly active users and the capability for fast, low-cost transactions, “Cards Ahoy!” holds significant technological and market potential advantages.

The widespread popularity of “Cards Ahoy!” is no accident; its unique standing in the Web3 gaming space is attributed to several advantages. Firstly, as a native project on the opBNB blockchain, the game has been incorporated into the BNB Star and Opbnb Odyess missions, receiving broad community support and acknowledgment. The top-tier team background, comprising developers from leading gaming companies such as NetEase, Ubisoft, Blizzard, and Riot Games, provides “Cards Ahoy!” with robust technical and creative support. These seasoned developers, leveraging their extensive experience, have integrated elements from classic card games like Marvel Contest of Champions, Hearthstone, and Onmyoji, significantly elevating the gameplay and strategic depth of “Cards Ahoy!”.

Moreover, the game has already caused a stir on multiple social platforms such as YouTube, Twitter, and Discord. The surge of related live streams, tutorial videos, and trading of game activation codes further attest to its high playability and the enthusiasm of the gaming community. Additionally, “Cards Ahoy!” has received high praise from top Key Opinion Leaders including Hearthstone champion Yuwan and leading gaming guilds from Korea and Japan, greatly enhancing the game’s visibility and appeal.

With its innovative design, rich strategic depth, and strong community backing, “Cards Ahoy!” is swiftly becoming the “Clash Royale” of the Web3 realm, heralding the birth of the next blockbuster game for the masses. It not only offers a novel gaming experience but also injects fresh vitality into the GameFi sector, serving as an innovative platform for players and developers to explore new game mechanics and economic models. Its success demonstrates the immense potential of top-tier team collaboration and community engagement.

Web3 x NetEase’s “Naraka” This GameFi Collaboration Has Big Ambitions

On March 15th, “Cards Ahoy!” and “NARAKA” officially announced a thrilling IP collaboration, marking a new chapter in the partnership between the Web3 gaming realm and traditional Web2 gaming giant, NetEase. “NARAKA”, a multiplayer action combat game that once topped the Steam charts, is taking a bold step into the Web3 world through its collaboration with “Cards Ahoy!”. This partnership not only showcases the ambition and continuous pursuit of product innovation by the team behind “Cards Ahoy!” but also signifies a seamless integration between Web3 and Web2 gaming, opening up unprecedented possibilities for the entire GameFi sector.

In this collaboration, “NARAKA’s” popular character Viper Ning will be transformed into a mythical card in the world of “Cards Ahoy!”, bringing a fresh gaming experience to “Cards Ahoy!” players and introducing “NARAKA’s” fanbase to the new domain of Web3, creating a win-win situation for cross-border cooperation. To celebrate this collaboration, a special “Cards Ahoy!” × “NARAKA” mythic card giveaway event has been launched, with these limited edition mythic cards being distributed in the Giveaway section of the OKX Web3 wallet, further enhancing the gaming experience and asset value.

What’s more exciting is that this collaboration is just the beginning. Officials have hinted that more globally renowned IPs will join the world of “Cards Ahoy!” in the future, laying a solid foundation for the game’s long-term development and continuous updates. The “Cards Ahoy!” team, leveraging its vast resources, is committed to building a world filled with diverse cultural IPs, ensuring that each mythic card carries unique cultural value and stories. This deep exploration and innovative integration of well-known IPs will not only continuously enhance the global impact of “Cards Ahoy!” but also attract a broader audience of Web2 and Web3 players, boosting the potential purchasing power and trading activity of IP-related cards and game assets, and perpetually increasing the value of in-game mythic cards.

This collaboration between “Cards Ahoy!” and “NARAKA” sets an exemplary model for cooperation between Web3 games and traditional game IPs, marking an important step towards maturity in the Web3 gaming field. Through this innovative form of collaboration, not only can player engagement be increased, enhancing the playability and entertainment value of the game, but it also introduces a new cooperation model and operational strategy for the entire GameFi sector.

With the opening of reservations on March 15th, “Cards Ahoy!” is expected to further ignite market enthusiasm, bringing players a more enriched gaming experience and interactive activities. The game team is dedicated to continuously enhancing the game content and community ecosystem, including introducing more card options, new game modes, and engaging community events, as well as planning future Web3 IP collaboration initiatives. These efforts are aimed at developing “Cards Ahoy!” into a sustainable gaming platform that not only serves as a game but also as an innovative platform for exploring new gameplay and economic models. As a rising star in the Web3 gaming market, the future development and potential of “Cards Ahoy!” are highly anticipated by the industry and players alike.

Pre-register for the game here:

Website: https://cardsahoy.metalist.io/ 

Twitter: https://twitter.com/cardsahoygame 

Discord: https://t.co/ad4gOaugi1 

YouTube: https://www.youtube.com/watch?v=ckOJSOcBzMc

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Mastering P2P Trading Safety: Bybit Releases Guidance to Avoid Missteps

This post was originally published on this site

DUBAI, UAE, March 15, 2024 /PRNewswire/ — Bybit, one the world’s top three crypto exchanges by volume, is pioneering a robust anti-fraud education campaign aimed at empowering its users with the knowledge and tools needed to navigate the P2P trading landscape safely.

Mastering P2P Trading Safety: Bybit Releases Guidance to Avoid Missteps

P2P crypto scams can exploit the direct nature of transactions between parties. Scammers have developed sophisticated methods to undermine trust and manipulate the escrow system. Bad actors can impersonate reputable platforms like Bybit, to trick people out of their money.

Understanding the mechanics of these scams is the first step in prevention. Bybit’s initiative focuses on educating its users about the various forms of P2P fraud, including the nuances of escrow transaction scams, the tactics used by Bybit impersonators, and the red flags indicative of SMS scams and dubious cash transactions.

To combat these threats, Bybit advises traders to adopt a multi-faceted approach to security:

  • Meticulously verify all transaction details and the identity of the counterparty.
  • Utilize Bybit’s in-house communication platform for all exchanges.
  • Remain vigilant against pressure tactics meant to foster hasty decisions.
  • Reach out to Bybit’s dedicated Customer Support team for assistance and to report suspicious activity.
  • Keep detailed records of all transactions and communications.

“In the face of evolving cyber threats, our priority remains the security and trust of our community,” said Ben Zhou, co-founder and CEO. “Through education and proactive support, we aim to fortify our users against the perils of P2P fraud, ensuring a safe and seamless trading experience.”

#Bybit / #TheCryptoArk

About Bybit

Bybit is a top-three cryptocurrency exchange by volume with 20 million users established in 2018. It offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: media@bybit.com
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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