Blockchain Press Releases
Binance Labs makes strategic investment in AltLayer
SINGAPORE, Aug. 9, 2023 /PRNewswire/ — Binance Labs, the venture capital and incubation arm of Binance, has announced a strategic investment in AltLayer, a leading decentralized Rollups-as–a-Service (RaaS) provider for Web3 applications.
Nicola W., Investment Director at Binance Labs said: “Application-tailored rollups offer the security of Layer 1s and the customizability of appchains. However, a common issue with rollups today is that they mostly operate with centralized sequencers and create fragmented liquidity and userbase. We found AltLayer’s approach to facilitating the launch of application-tailored rollups via Beacon Layer an inspired take. Their core network offers several decentralization and interoperability properties much needed in a world of thousands of rollups. All this while dramatically cutting down time-to-market and encouraging rapid innovation and experimentation.”
AltLayer is an open and decentralized protocol for developers to launch highly scalable application-tailored rollups. It consists of a core network called the Beacon Layer that serves as a common sequencing, execution, and verification network for all rollups enshrined to it. Built on top of this protocol, AltLayer offers a no-code Rollups-as-a-Service launchpad that allows not only developers but beginners and all users to spin up a customized rollup within 2 minutes with only a few simple clicks.
The AltLayer protocol is designed for a multi-chain and a multi-VM world and comes with default support for EVM/WASM. AltLayer functions as a modular and pluggable scaling solution for all compatible chains.
Speaking on the investment, Dr. Yaoqi Jia, CEO, AltLayer said: “The rollup ecosystem is promising, and needs more eyes on it to flourish and expand. Just over the past year rollups and their impact on dApps have piqued the interest of the global developer community. Our demos with on-chain games, NFT mint events, and SocialFi applications point to the massive value that can be unlocked from this “detachable” blockchain layer. We’re honored to have the strategic investment from Binance Labs, and look forward to strengthening the rollup world with their support.”
AltLayer has collaborated with industry leaders like EigenLayer, Espresso, Celestia, Double Jump, Arbitrum, Linea, and Jump to build on rollup usability with the integration of key features.
About AltLayer
AltLayer is a leading Rollup-as-a-Service (RaaS) solution provider, offering a range of products that fast-track the deployment of highly scalable decentralized applications. Most recently, the company launched an intuitive, no-code dashboard that enables everybody – be it developers, enthusiasts, or crypto newbies – to spin up a customized rollup within 2 minutes.
Under the RaaS umbrella, AltLayer offers ephemeral rollups for short-term event-driven applications; and persistent rollups, which are ideal for use cases with a longer lifespan. Our RaaS product can save considerable capital and years of development work for teams while encouraging innovation and rapid experimentation in Web3.
For further inquiries, please reach out via [email protected]
About Binance Labs
As the venture capital arm and accelerator of Binance, Binance Labs has now grown to be worth over $9 billion. Its portfolio covers 200 projects from over 25 countries across six continents and has a return on investment rate of over 10X. Fifty of Binance Labs’ portfolio companies are projects that have gone through our incubation programs. For more information, follow Binance Labs on Twitter.
View original content:https://www.prnewswire.co.uk/news-releases/binance-labs-makes-strategic-investment-in-altlayer-301896625.html
Blockchain Press Releases
Vantage Recognised as ‘Most Trusted Broker’ and Awarded ‘Best Corporate Social Responsibility’ at Professional Traders Awards 2024
SYDNEY, Dec. 10, 2024 /PRNewswire/ — Multi-product CFD broker, Vantage Markets (or “Vantage”) is proud to have been named the “Most Trusted Broker” and “Best Corporate Social Responsibility” at the Professional Trader Awards 2024. These awards underscore Vantage’s unwavering commitment to providing a trustworthy trading experience and making a positive impact in the Australian trading community.
The “Most Trusted Broker” award is a particular source of pride for Vantage, having received the accolade for two consecutive years. Trust is fundamental to the company’s ethos, and this continued recognition reflects Vantage’s dedication to transparency, security, and exceptional client care. The team is immensely proud, which speaks to the strong relationships Vantage has fostered with traders through clear communication, top-tier security, and responsive customer support.
The “Best Corporate Social Responsibility” award celebrates Vantage’s support for the Vantage Foundation, an independent charity it sponsors to drive awareness and action around critical but often invisible social issues, such as mental health challenges including anxiety, depression, and social isolation. Through its partnerships with local charities, the Vantage Foundation fosters impactful community connections that address these essential areas of need.
This year’s awards success continues a legacy of recognition for Vantage, adding to previous achievements such as “Best Trading Platform” and “Best Trading App,” which highlighted the broker’s excellence in technology and client experience.
Jack Kelly, Head of Sales at Vantage Australia, said, “We are incredibly proud to receive the ‘Most Trusted Broker’ and ‘Best Corporate Social Responsibility’ awards at the 2024 Professional Traders Awards. These recognitions reflect our dedication to providing Australian traders with products and services built on trust, innovation, and transparency. At the same time, our commitment to supporting meaningful social causes through the Vantage Foundation continues to drive us forward. This recognition is a direct reflection of the trust and loyalty of our traders and our ongoing efforts to make a positive impact in the communities we serve.”
About Vantage
Vantage Markets (or Vantage) is a multi-product broker offering clients access to a nimble and powerful service for trading Forex and Contracts for Difference (CFDs) products on, Commodities, Indices, Shares, ETFs, and Bonds.
With over 15 years of market experience, Vantage transcends the role of broker, providing a trusted trading ecosystem, an award-winning mobile trading app, and a user-friendly trading platform that empowers clients to seize trading opportunities. Download the Vantage App on App Store or Google Play.
trade smarter @vantage
Vantage Global Prime Pty Ltd (ACN 157 768 566) (“Vantage”), located at 12/15 Castlereagh Street, Sydney, NSW, Australia, 2000, and is authorised and regulated by the Australian Securities & Investments Commission (ASIC) AFSL no. 428901.
Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment. When acquiring our derivative products, you have no entitlement, right or obligation to the underlying financial assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn’t take into account your personal objectives, financial circumstances, or needs. Accordingly, before acting on the advice, you should consider whether the advice is suitable for you having regard to your objectives, financial situation and needs. We encourage you to seek independent advice if necessary.
You should consider whether you’re part of our target market by reviewing our Target Market Determination (TMD), reading our Product Disclosure Statement (PDS), and other legal documents to ensure you fully understand the risks before you make any trading decisions. We encourage you to seek independent advice if necessary.
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Blockchain Press Releases
KuCoin Lists Ponchiqs (PONCH): Enriching Blockchain Entertainment with Meta-Universe
VICTORIA, Seychelles, Dec. 10, 2024 /PRNewswire/ — KuCoin, a leading global crypto exchange, is thrilled to announce the listing of Ponchiqs (PONCH) on its Spot trading platform. This marks another significant step in connecting users to innovative blockchain projects shaping the future of entertainment and gaming.
Ponchiqs Studio is revolutionizing blockchain-based entertainment by creating a unique ecosystem around its Ponchiqs IP. This meta-universe merges GameFi, Hollywood-quality animations, and exclusive licensed merchandise, offering users a seamless and immersive experience. At the heart of this ecosystem is $PONCH, the native token powering the utility across Ponchiqs’ diverse platforms and games.
The deposit for PONCH is currently open, with the trading for PONCH/USDT commencing at 14:00 on December 6, 2024 (UTC). This is followed by the withdrawal, starting from 10:00 on December 7, 2024 (UTC).
The listing of Ponchiqs underscores KuCoin’s commitment to supporting groundbreaking projects that redefine user engagement and unlock new potentials in blockchain technology. KuCoin users can now participate in this vibrant ecosystem by trading and holding $PONCH tokens as part of their portfolio.
For more information on the PONCH listing and the related listing campaigns and activities, please refer to the official announcement.
About KuCoin
Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 37 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.
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View original content:https://www.prnewswire.co.uk/news-releases/kucoin-lists-ponchiqs-ponch-enriching-blockchain-entertainment-with-meta-universe-302327121.html
Blockchain Press Releases
Bybit Card Now Available on Apple Pay in Brazil
DUBAI, UAE, Dec. 9, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has further enhanced the digital payment experience for Bybit Card holders. Starting now, users in Brazil can now add their Bybit Card to their Apple Pay and make secure payments in seconds using Apple Pay’s built-in safeguards.
Since its launch in Sep. 2024, the Bybit Card recorded a 342% growth in user base in Brazil in less than a quarter. With among the highest crypto adoption rates in the world, Brazil is home to a vibrant crypto economy with growing demands for mature crypto on and off-ramp solutions.
Combining Bybit’s advanced crypto offerings and rewards, the Mastercard network’s global connectivity, and now Apple Pay’s added layers of safety and privacy standards, the Bybit Card offers a seamless and borderless crypto payment experience for Brazilian users, enabling contactless payments purchases in-store, in-app and online across Apple devices.
To set up the Bybit Card on Apple Pay, users may simply add the card to their personal Apple Wallet and access the crypto payment convenience wherever they are with their mobile devices.
The Apple Pay integration allows Bybit Card users to pay with and purchase crypto, bridging mainstream cryptocurrencies with over dozens of fiat currencies at competitive rates. This secure and convenient option incorporates the use of Apple’s Face ID, Touch ID, or passcodes alongside dynamic security codes for authentication. Valued for its safety, Apple Pay works through unique Device Account Numbers encrypted and stored in a Secure Element chip, keeping card details private and safe.
Loaded with regular cashback, flash rewards and other benefits, the Bybit Card offers a competitive option for crypto payment for everyday spendings:
- Zero fees for card issuance and delivery
- Zero annual or hidden fees
- 2-10% cashback in USDT, BTC and ETH on eligible purchases
- Up to 8% APY
- Instant virtual and physical card for immediate access to funds
The welcome offer for Bybit Card remains available for users in Brazil: Deposit 100 USDT, Unlock 150 BRL!
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides 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: [email protected]
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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View original content:https://www.prnewswire.co.uk/news-releases/bybit-card-now-available-on-apple-pay-in-brazil-302326227.html
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