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

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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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SOURCE OKX

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

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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

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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

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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Flash News: OKX to List ether.fi Protocol’s ETHFI 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 List ether.fi Protocol’s ETHFI on its Spot Market

OKX today announced that it will be listing the ether.fi protocol’s ETHFI token on its spot market on March 18 at 8:10 PM (UTC +8), enabling users to trade ETHFI against USDT. Deposits for the token were enabled today at 2:00 PM (UTC +8).

ether.fi is a protocol that allows users to stake ETH and receive eETH, a natively restaked liquid staking token that fuels DeFi and decentralizes Ethereum. When a user holds eETH, they receive ETH staking rewards, ether.fi points and EigenLayer points. In addition, they retain custody of their token and can engage in various DeFi applications with partners such as Aave and Pendle.

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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Flash News: OKX Wallet Now Supported on Portal Bridge, Offering Unlimited Transfers across Chains for the Web3 Community

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SINGAPORE, March 15, 2024 /PRNewswire/ — OKX, a leading Web3 technology company, has issued updates for March 15, 2024.

OKX today announced that its OKX Wallet is now integrated with Portal, a bridge that offers transfers across chains for tokens and NFTs wrapped by Wormhole, enabling the users to complete cross-chain transfer for crypto assets, via OKX Wallet.

Portal Bridge is a bridge leveraging Wormhole’s interoperable platform that offers brilliant features and advanced technology, including:

  • Cross Chain Exchange:  Using Wormhole Connect, developers can build an exchange that allows deposits from any Wormhole connected chain, massively increasing the liquidity their users can access.
  • Cross Chain Governance: NFT collectors on different networks can also vote on a combined proposal, allowing them to pick a “voting” chain, and use Wormhole to communicate votes cast on their disparate chains to the voting chain.
  • Cross Chain Game: Games can be built and played on a performant network like Solana, and issue rewards  as NFTs on a different networks such as Ethereum.

 Portal Bridge integrated OKX Wallet as an official on-chain entrance to provide token and NFT cross-chain transfers for all the OKX Web3 Wallet users. Portal Bridge is an application built on top of Wormhole that allows users to bridge tokens through Portal. The original token gets locked in a smart contract, and a new Portal wrapped token gets minted on the target chain. Users can swap those for other/native tokens on the target chain.

For more information, please visit the OKX Support Center.

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 300+ other DEXs and approximately 15 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

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Offchain Labs Releases ArbOS 20 Atlas, Significantly Reducing Transaction Costs on Arbitrum

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ArbOS Atlas makes Arbitrum chains ready to support the Ethereum Dencun update that went live on Ethereum mainnet and is poised to improve workflow for developers and users alike

NEW YORK, March 14, 2024 /PRNewswire/ — Offchain Labs, the original contributor to Arbitrum, the market-leading Layer 2 (L2) scaling solution on Ethereum, today announced the release of ArbOS 20. Dubbed “Atlas”, the operating system update marks a significant leap forward for the Arbitrum ecosystem, introducing Ethereum Dencun support to all Arbitrum chains, paving the way for significantly improved costs and new use cases. In combination with Stylus and EVM+, applications and use cases previously considered impossible to ship on Arbitrum are now within reach – especially those that produce a high number of transactions like Gaming, SocialFi, or DeFi exchanges.

The most notable impact resulting from ArbOS Atlas will be a significant change in Ethereum L2 transaction costs. Atlas provides Arbitrum chains the ability to post user transactions in a new type of transaction in the form of a Blob, reducing costs of those transactions, introducing new storage opcodes for cheaper transient data, and adding cheaper memory copying. It also adds support for EIP-6780, aligning Arbitrum with EVM’s security posture and laying the groundwork for future EVM improvements.

“We are excited to see the Arbitrum DAO has voted to upgrade to ArbOS Atlas, which will bring significant benefits to the community in terms of improved transaction pricing,” said Steven Goldfeder, CEO and Co-Founder of Offchain Labs. “This particular upgrade aligns strongly with our mission to continue scaling Ethereum so that it is more usable for the masses and native crypto community.”

In addition to a reduction in L1 posting fees via EIP-4844, the L2 base fee and L1 surplus fee have also been reduced through ArbOS Atlas; the L1 surplus fee per byte will be reduced from 2 gwei to 0, L2 minimum base fee will be reduced from 0.1 gwei to .01 gwei. Users and developers don’t have to take any steps to benefit from the aforementioned changes.  EIP-4844-related data posting cost reductions will be live on March 14, while the additional fee reductions will be in effect by March 18.

At launch, Arbitrum RaaS providers  Altlayer, Caldera, Conduit, and Gelato are committed to upgrading existing Orbit chains to ArbOS Atlas and providing Ethereum Dencun support. The grouping is excited to support the transition to Atlas and ensure all parties are able to reap the benefits of the implementation if they choose to do so.

Applications on Arbitrum will not have to be modified or take any explicit action to get the benefits of using EIP-4844, a key part of the Ethereum Dencun upgrade that introduces blob-carrying transactions to make L2 transactions cheaper on the network.  In addition to applying to DAO-governed chains, ArbOS Atlas can be deployed by Orbit chains independently of the Arbitrum DAO governance process; Orbit L2 roll-up chains will receive the cost benefits of EIP-4844, while all Orbit chains can upgrade to benefit from the other features in ArbOS Atlas.  The ability of self-governed Orbit L2 chains to deploy ArbOS Atlas whenever they’re technically ready is an example of the freedom granted by the Arbitrum Expansion Program.

Partner Quotes

“ArbOS 20 – ‘Atlas’ promises numerous functional improvements for transactions running on Arbitrum, especially with regards to pricing and cost economics. We believe these are critical if we are to attract widespread adoption of rollups. AltLayer is proud to support Atlas and extend its benefits to our RaaS/rollup users, who will be able to save significant fees on gas, as they deploy L2 or L3 chains on Orbit.” – Yaoqi Jia, CEO, AltLayer

“With the Dencun upgrade and implementation of EIP-4844 blob transactions on ArbOS 20, Atlas stands out as one of the most highly anticipated upgrades to Arbitrum Orbit chains. The Atlas upgrade pledges additional reductions in transaction fees, along with enhancements in scalability, throughput, and staking experience on Orbit rollups. We’re excited to introduce this upgrade to Gelato Roll-up-as-a-Service Arbitrum Orbit customers, supercharging user experience with the latest cutting-edge Ethereum technology.” – Luis Schliesske, Founder, Gelato

“We’re excited to upgrade Caldera’s Orbit chains to Atlas, giving our users access to Ethereum blobspace as a data availability layer. EIP-4844 blobs will make operating a rollup orders of magnitude less expensive, improving the user experience for our customers and their communities. We can’t wait to see the new innovations that cheap, Ethereum-native data availability will enable.” – Matt Katz, CEO, Caldera

About Offchain Labs

Offchain Labs is a venture-backed, Princeton-founded company that has dedicated over five years to blockchain research and development. As the original contributors to Arbitrum, Offchain Labs has been instrumental in revolutionizing the industry through this leading network scaling solutions. The team continues to build upon this foundation by innovating and enhancing products such as Prysm, Arbitrum Orbit, Stylus, and Arbitrum Nitro. In October 2022, Offchain Labs acquired Prysmatic Labs, the leading consensus client for Ethereum, further cementing Offchain Labs’ alignment with Ethereum.

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SOURCE Offchain Labs

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Cetera Introduces Bitcoin ETF Policy and Guidance for Financial Professionals

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Cetera among the first wealth management firms to deliver comprehensive education, training and resources addressing rapidly growing investment products

Policy represents a “prudent embrace” of bitcoin ETFs and the latest Cetera offering to help financial professionals best serve their clients and strategically grow their business

SAN DIEGO, March 14, 2024 /PRNewswire/ — Cetera Financial Group (Cetera), the premier financial advisor Wealth Hub, announced today that it has introduced a new policy regarding the usage of bitcoin ETFs in brokerage accounts. The policy includes education and resources designed to help affiliated financial professionals guide their clients in incorporating bitcoin ETFs into their investment portfolios. Cetera is among the first wealth management firms to roll out a formal policy on bitcoin ETFs as exponentially more investors are exploring the products and investing in bitcoin.


(PRNewsfoto/Cetera Financial Group) (PRNewsfoto/Cetera Financial Group)

“As expected, we are prudently embracing bitcoin ETFs and we prioritized developing this important guidance to help our financial professionals implement these products in client portfolios,” said Matt Fries, head of investment products and partner solutions at Cetera. “Today’s investors have increasingly complex needs, and our investment products team is here to support our financial professionals across the investment spectrum. We will continue to proactively evaluate the implications of bitcoin ETFs and related products and modify our policies accordingly, and we look forward to partnering with our financial professionals to adopt bitcoin ETFs when appropriate with their clients.”

Cetera has approved usage of the following spot bitcoin ETFs: Invesco Galaxy Bitcoin ETF (BTCO), Franklin Bitcoin ETF (EZBC), Fidelity Wise Origin Bitcoin Fund (FBTC), and Blackrock iShares Bitcoin Trust (IBIT). The selected funds are sponsored by leading ETF providers with track records of successfully launching new product strategies, and are well positioned with established resources, tools and knowledge. Training will be available for financial professionals on Cetera’s award-winning AdviceWorks portal starting on March 25.

Cetera’s new program follows exponential growth of bitcoin ETFs among investors. Approximately 50 million people own bitcoin, as of February 2024, according to the number of unique addresses with non-zero balances of bitcoin. This represents an increase of 20 million users compared to 2023.

Visit www.cetera.com for more information.

About Cetera

Cetera Financial Group, which is owned by Cetera Holdings (collectively, Cetera), is the premier financial advisor Wealth Hub where financial advisors and institutions optimize their control and value creation. Breaking away from a commoditized and homogenous IBD model, Cetera offers financial professionals and institutions the latest solutions, support, and services to grow, scale, or transition with a merger, sale, investment, or succession plan. Cetera proudly serves independent financial advisors, tax professionals, licensed administrators, large enterprises, as well as institutions, such as banks and credit unions, providing an established and repeatable blueprint for scalable growth.

Home to more than 12,000 financial professionals and their teams, Cetera oversees more than $475 billion in assets under administration and $190 billion in assets under management, as of December 20, 2023. In a recent advisor satisfaction survey of more than 32,000 reviews, Cetera’s Voice of Customer (VoC) program vigorously measures advisor experience and satisfaction 24/7. Currently, it’s ranked 4.8 out of 5 stars.

Visit www.cetera.com, and follow Cetera on LinkedInYouTubeTwitter and Facebook.

“Cetera Financial Group” refers to the network of independent retail firms encompassing, among others, Cetera Advisors LLC, Cetera Advisor Networks LLC, Cetera Investment Services LLC (marketed as Cetera Financial Institutions or Cetera Investors), and Cetera Financial Specialists LLC. All firms are FINRA/SIPC members. Located at: 655 W. Broadway, 11th Floor, San Diego, CA 92101.

Important Disclosure Information

Cetera does not offer any direct investments, endorsements, or advice as it relates to Bitcoin or any crypto currency.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the prospectus and summary prospectus, which can be obtained from a financial professional and should be read carefully before investing.

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SOURCE Cetera Financial Group

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OKX Launches Support for Atomicals (ARC-20) on its Inscription Market, Expanding Range of Token Standards for Zero-Fee Trading

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SINGAPORE, March 14, 2024 /PRNewswire/ — OKX, a leading Web3 technology company, today added support for the Atomicals (ARC-20) Bitcoin inscription standard on its Inscription Market, formerly known as Ordinals Market. This addition offers users an enhanced range of options to create, buy and sell inscriptions across an expanding roster of token standards.

ARC-20, an emerging Bitcoin inscription standard, makes it possible to represent fungible token assets on the Bitcoin blockchain. This colored coin standard enables each satoshi (the smallest unit of Bitcoin) to represent token ownership units. Examples of ARC-20 inscriptions currently available for trading on OKX’s Inscription Market include top market cap tokens such as Atom and Quark, as well as popular collections like TOOTHY, Capybaras and many others.

The integration of ARC-20 into OKX’s Inscription Market follows the addition of ARC-20 and Stamps (SRC-20) support on OKX Wallet on March 5 and February 14, 2024, respectively, enabling users to view and transfer these innovative inscription standards. OKX Wallet also added viewing and transfer support for the Rune Alpha inscription standard on March 12. In the coming weeks, the OKX Wallet and Inscription Market will add support for Doginals (DRC-20), with the addition of Runes support to follow post-Bitcoin halving.

OKX Chief Innovation Officer Jason Lau said: “OKX is the best place to discover and trade Ordinals and Inscriptions. Our Inscription Market continues to improve by including support for leading protocols like Atomicals. And, there’s more to come with Doginals and Runes. We’ve developed and refined this feature based on users’ feedback and can’t wait to hear their thoughts.”

These enhancements position the OKX Marketplace as the industry’s leading one-stop marketplace, boasting zero-fee trading across a rapidly growing range of token standards. OKX Wallet’s inscription tool already supports inscription minting on 23 networks, including Bitcoin, Dogecoin, Ethereum, Polygon, BNB Chain, Avalanche-C, Arbitrum One and many others.

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 and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includesMPC 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-poweredSmart 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

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LinkPay has introduced virtual crypto cards (VCC) offering a 0% deposit fee and 3% cash back on all purchases, alongside a new Merchant feature.

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Next-gen virtual cards for online shopping and advertising from LinkPay open up new possibilities for mass adoption of cryptocurrencies, and the new Merchant feature makes it possible to accept payments on websites using seven of the most popular digital currencies, as well as Visa & Mastercard.

RICHMOND, BC, March 14, 2024 /PRNewswire/ — LinkPay has introduced a new generation of its virtual cards, which allow for everyday purchases to be made using cryptocurrency. The company has greatly simplified the usage process: users simply top up their accounts with cryptocurrency, issue and replenish virtual cards, and can immediately make purchases, enjoying a 3% cashback. Other key benefits include no deposit or withdrawal fees, multi-currency (USD and EUR) accounts, and round-the-clock online support.

For businesses, LinkPay offers a new level of team expense control with the ability to issue unlimited virtual credit cards, manage business expenses, and easily scale their marketing campaigns (there are special virtual cards for advertising bills on Google Ads, Facebook Ads, Twitter Ads, Bing Ads, TikTok Ads, Taboola, and other advertising platforms). The secure access control system and detailed reports make it easier than ever to manage expenses and track spending.

The new LinkPay Merchant feature provides universal payment processing for e-commerce with instant deposits to user accounts. With the ability to accept Visa, Mastercard, and the 100+ most popular crypto currencies, LinkPay’s Merchant payment gateway provides seamless integration and automatic settlements with the best terms in the market.

With these new features, LinkPay is redefining the way businesses and individuals manage expenses and accept payments in both crypto and fiat currencies, making it easier than ever to conduct business online. For more information on LinkPay’s virtual crypto cards and Merchant payment gateway, please visit www.linkpay.io

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SOURCE LinkPay

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DeFi Technologies’ Subsidiary Valour Inc. Reaches a Record of $C838 Million in AUM

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  • Assets Under Management Growth: Valour has experienced a significant rise in its AUM, reaching a record of C$838 million. This represents an increase of 19.8% since February 28th and builds upon a 57.8% growth from January 2, 2024.
  • Surging Demand for Regulated Digital Asset Products: The surge in AUM highlights robust demand for Valour’s comprehensive suite of regulated exchange-traded digital asset products. This indicates the effectiveness of the company’s strategy in aligning offerings with investor interests. Recently launched ETPs include Valour Internet Computer (ICP), Valour Ripple (XRP), and Valour Binance (BNB) ETPs.

TORONTO, March 14, 2024 /PRNewswire/ – DeFi Technologies Inc. (the “Company” or “DeFi Technologies“) (NEO: DEFI) (GR: MB9) (OTC: DEFTF), a crypto native technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance (“DeFi“), is pleased to announce that its subsidiary Valour Inc. (“Valour“), a leading issuer of exchange traded products (“ETPs“) that provide simplified access to digital assets, has reached $C838 million in assets under management (“AUM”) as of March 14th, up 19.8% from February 28th and marking a significant 57.8% increase since the beginning of the year.


DeFi Technologies Logo (CNW Group/DeFi Technologies Inc.)

This noteworthy growth underscores the increasing interest and confidence in the digital asset market. Valour’s expansion in AUM can be attributed to the consistent demand for its innovative ETP solutions among investors looking to gain exposure to digital assets in a regulated framework.

In addition to the notable growth in AUM, Valour has recently expanded its product lineup with the launch of several new exchange-traded products. These include Valour Internet Computer (ICP) Physical Staking, Valour Ripple (XRP), and Valour Binance (BNB) ETPs. These recent additions demonstrate Valour’s commitment to providing a diverse range of top investment opportunities in the digital asset space.

DeFi Technologies and Valour remain at the forefront of the evolving digital asset market, contributing to the mainstream adoption of digital assets through regulated, secure, and accessible investment products.

About DeFi Technologies

DeFi Technologies Inc. (NEO: DEFI) (GR: MB9) (OTC: DEFTF) is a crypto native technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance (DeFi).
With a dedicated focus on industry-leading Web3 technologies, DeFi Technologies aims to provide widespread investor access to the future of finance. Backed by an esteemed team of experts with extensive experience in financial markets and digital assets, we are committed to revolutionizing the way individuals and institutions interact with the evolving financial ecosystem.

Join DeFi Technologies’ digital community on Linkedin and Twitter, and for more details, visit https://defi.tech/ 

About Valour

Valour Inc. issues exchange traded products (ETPs) that enable retail and institutional investors to access digital assets like Bitcoin in a simple and secure way via their traditional bank account. Established in 2019, Valour is a wholly owned subsidiary of DeFi Technologies Inc. (NEO: DEFI) (GR: MB9) (OTC: DEFTF).

In addition to their novel physical backed digital asset platform, which includes 1Valour Bitcoin Physical Carbon Neutral ETP and 1Valour Ethereum Physical Staking, Valour offers fully hedged digital asset ETPs with low to zero management fees, with product listings across European exchanges, banks and broker platforms. Valour’s existing product range includes Valour Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM), Binance (BNB), Ripple (XRP), Enjin (ENJ), Bitcoin Carbon Neutral (BTCN), Valour Digital Asset Basket 10 (VDAB10) and 1Valour Internet Computer (ICP) Physical Staking ETPs with low management fees. Valour’s flagship products are Bitcoin Zero and Ethereum Zero, the first fully hedged, passive investment products with Bitcoin (BTC) and Ethereum (ETH) as underlyings which are completely fee free.

For more information, subscribe, or receive company updates and financial information, visit valour.com.

Cautionary note regarding forward-looking information: 
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the Offering; growth of AUM; breakdown of AUM holdings; development of ETPs; future demand for ETP’s; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by DeFi and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of Valour exchange traded products by exchanges; growth and development of decentralised finance and cryptocurrency sector; rules and regulations with respect to decentralised finance and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities offered under the Offering have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

THE CBOE CANADA EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

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SOURCE DeFi Technologies Inc.

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