Blockchain Press Releases
777 HYPERCAR, BORN IN MONZA PRESENTS THE LOUNGE AND THE FIRST PROTOTYPE AT THE AUTODROME
A RESEARCH CENTRE AND AN EXPERIMENTAL VERSION WILL BE CREATED
MONZA, Italy, July 5, 2023 /PRNewswire/ — Friday 7 July in Monza will mark the official start of the 777 hypercar project. It will be the occasion to inaugurate the 777 Motors Lounge, a multimedia open space that is located at the Autodromo Nazionale di Monza, adjacent to the monument celebrating the racing driver Juan Manuel Fangio.
July 7 will be the date on which the definitive version of the first 777 hypercar prototype will be presented to the public, with permanent presence in its headquarters at the Temple of Speed
Construction of 7 777 hypercars
777 hypercars will be produced in a limited edition of 7 units for track use only (€ 7.000.000), combining the best of automotive excellence: Dallara, who is handling the engineering, aerodynamics and production aspects, Gibson Technology, supplier of the naturally aspirated V8 engine, and Sparco, who is creating the clothing line. The lines of the 777 hypercar were born from the pencil of Umberto Palermo Design.
777 hypercar Unit-000, an experimental laboratory of new technologies
In 2025, 7 units of 777 hypercar will be produced for customers, and at the same time 777 Motors will build 777 hypercar Unit-000, the experimental version which will be a dynamic laboratory on four wheels equipped with the most advanced autonomous driving technologies, AI drivers, virtual coaching.
777 hypercar Unit-000 will be built in partnership with PoliMOVE, Ascari and Indy Autonomous Challenge.
To create 777 hypercar Unit-000, a new international research centre will be built which will welcome and make use of engineering centres and universities from all over the world, as well as technologically advanced companies, for a fruitful open-source collaboration.
– Picture is available at AP –
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View original content:https://www.prnewswire.co.uk/news-releases/777-hypercar-born-in-monza-presents-the-lounge-and-the-first-prototype-at-the-autodrome-301869720.html
Blockchain
Binance Announces Adjustment of Tick Size for Spot Trading Pairs
Binance, a leading cryptocurrency exchange, has announced adjustments to the tick size (the minimum change in the unit price) of specific spot trading pairs. These adjustments are aimed at enhancing market liquidity and improving the overall trading experience for users. The changes are scheduled to be completed by 05:00 (UTC) and 07:00 (UTC) on May 23, 2024.
Traders can find details about the tick sizes of all spot trading pairs on Binance in the platform’s Trading Rules. Importantly, the adjustment will not impact spot trading and related functionalities. API users will also observe changes in the tick size, and they can stay updated with the latest tick size using the GET /api/v3/exchangeInfo endpoint. Additional details and updates can be found in the API Changelog.
Existing spot orders will not be affected by the tick size update. Orders placed before the update will continue to be matched with the original tick size. However, traders are advised to adjust their trading strategies accordingly to avoid any unnecessary impact on their trading activities.
Binance emphasizes the importance of referencing the English version of the announcement for the most accurate and up-to-date information, as there may be discrepancies in translated versions. The exchange remains committed to providing a seamless trading experience and appreciates the support of its users. Users are reminded to exercise caution and make informed decisions when trading on the platform.
Source: blockchain.news
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Blockchain
OKX Announces Support for New USDC Spot Trading Pairs
According to an official announcement released on May 16, 2024, OKX will introduce new USDC trading pairs in the spot trading section between 7:00 am and 8:00 am UTC on May 20, 2024. This addition aims to broaden trading options for OKX users and contribute to the expanding USDC ecosystem.
In light of the risks associated with digital asset trading, OKX has issued a cautionary note to all users. They emphasize that information provided by OKX and third parties is for informational and educational purposes only. OKX does not guarantee the accuracy or completeness of any information and does not provide financial, investment, or other forms of advice.
OKX highlights the speculative nature and high volatility of digital assets, cautioning that they may become illiquid at any time, potentially resulting in the loss of the entire investment. Therefore, OKX advises users to conduct thorough research and assess their risk tolerance before engaging in digital asset trading.
For inquiries regarding the new USDC spot trading pairs or any other concerns, users can contact OKX through their support center or engage with the OKX team on various platforms. OKX’s proactive approach in addressing user inquiries and fostering community interaction underscores its commitment to user satisfaction and the overall growth of the crypto ecosystem.
Source: blockchain.news
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Blockchain
ShibaSwap rolls out major upgrade, moves to Shibarium
ShibaSwap, the decentralized exchange (DEX) affiliated with the Shiba Inu ecosystem, has announced a significant upgrade by migrating to the Shibarium blockchain. This move is expected to introduce a range of new utilities for users, as stated in a recent press release.
The upgrade includes features such as a revamped dashboard, enhanced user experience, discovery charts for trending tokens, and an improved process for onboarding new tokens onto the DEX.
Lead developer Shytoshi Kusama expressed enthusiasm for the upgrade, highlighting its potential to empower DEFI innovators and facilitate community token interaction on Shibarium. Kusama also invited the community to explore the new swap and encouraged existing Shibarium tokens to transition to the platform seamlessly, while assuring that further updates are in the pipeline.
A portion of transaction fees will be utilized to enhance liquidity pool (LP) value in swap transactions, benefiting users and the yield farming community, according to the press release.
The upgrade rollout will prioritize enhancing discovery and can be expected to include more regular updates and upgrades, as noted by fellow developer and contributor Kaal.
The upgrade aims to minimize gas fees and ensure faster transactions, in addition to supporting various segments of the Shiba Inu Ecosystem, including $SHIB and $LEASH tokens, SHEboshis DN-404 tokens, SHIB The Metaverse, ShibaSwap DEX, and the Shiba Eternity game.
Shibarium’s layer 2 mainnet, launched in August 2023, saw the creation of 21 million wallets and was trialed by millions of users. It introduced a new consensus mechanism called proof-of-participation (PoP), which selects validators based on their holdings of the associated cryptocurrency.
As of the latest data, the price of SHIB stands at $0.0002548, reflecting an almost 7% increase in the last 24 hours, with SHIB being the 11th largest in terms of market cap, according to CoinMarketCap.
Source: cointelegraph.com
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