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Blockchain Press Releases

RedStone Delivers Report on Ethereum-Focused LSTfi Protocols, the Most Comprehensive of its Kind

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The RedStone Oracles research team unveils their detailed findings around liquid staking featuring CoinDesk Indices

BAAR, Switzerland, Nov. 7, 2023 /PRNewswire/ — RedStone, originator of the next-generation oracles platform for decentralized finance, today announced the release of its LSTfi and Staking Report, The Ultimate Q4 2023 Market Overview. This Ethereum-focused report is the most comprehensive of its kind, analyzing over 50 projects featuring prominent digital asset leaders including CoinDesk Indices, EigenLayer, Lido and StakeWise (expected to launch V3) among others.

“We’ve dedicated months to researching and building out this unparalleled report,” said Marcin Kaźmierczak, Co-Founder and COO of RedStone. “For the third time (and not the last one), our RedStone research team showcases the ultimate crypto sector overview, and we believe this time around the bar has been raised higher with the quotes of LSTfi projects founders and detailed insights revealed around Ethereum-focused LSTfi protocols.”

[ Read the full report ]

CoinDesk Indices (CDI), a subsidiary of CoinDesk and the leading provider of digital asset indices by AUM since 2014, stands out as a crucial component of RedStone’s report. Earlier this year, CESR™, the composite ether staking rate which is administered by CoinFund and calculated and published by CoinDesk Indices, was introduced to fulfill specific needs for the marketplace. Three broad use cases for CESR are currently being adopted by market participants: benchmarking, research, and risk transfer.

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Andy Baehr, Managing Director at CoinDesk Indices, added, “We are encouraged to see CESR’s adoption as a critical piece of market structure and a bridge joining the digital and traditional financial industries. RedStone’s timely and illuminating research affirms CESR’s critical role in the understanding and using Ethereum staking rewards.”

Ethereum’s conversion to Proof of Stake not only created the foundation for the liquid staking ecosystem as described in the RedStone report, but also created the LSTfi sector where RedStone as an Oracle pioneers with the versatility of LST data feeds. The Merge also delivered a native crypto rate to finance that can serve as a critical piece of market structure. CESR now delivers this in a structured way, built by firms with the experience needed for the marketplace. The staking rate that Ethereum validators generate through participation in the consensus and execution layers and by exhibiting implementation skill has immediate applicability in DeFi, centralized digital asset finance, and traditional finance.

Furthermore, RedStone will present its key report findings during Devconnect in Istanbul (November 13th to 19th), which is this year’s biggest Ethereum gathering worldwide.

For more information and to view RedStone’s LSTfi Report in its entirety, please visit blog.redstone.finance/2023/11/06/lstfi-report-the-ultimate-q4-2023-market-overview/.

About RedStone

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RedStone is revolutionizing the Oracles industry by implementing novel modular design and 3 tailor-made data consumption models. RedStone owns proprietary fetchers technology allowing it to securely discover prices from both on-chain DEXes and off-chain CEXes, making it a perfect solution for LST, Long-tail, LP and Ecosystem-native tokens, as well as Real World Data and custom feeds. For more information, visit redstone.finance.

About CoinDesk Indices

CoinDesk Indices (CDI), a subsidiary of CoinDesk, has been the leading provider of digital asset indices by AUM since 2014. CDI is driven by research and a desire to educate the marketplace and empower investors. CoinDesk is the most trusted media, events, indices and data company for the global crypto economy.

Press Contacts
RedStone
marketing@redstone.finance

CoinDesk Indices Disclaimer

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View original content:https://www.prnewswire.co.uk/news-releases/redstone-delivers-report-on-ethereum-focused-lstfi-protocols-the-most-comprehensive-of-its-kind-301979313.html

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Blocks & Headlines: Today in Blockchain (

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Welcome to Blocks & Headlines, your comprehensive daily briefing on the transformative world of blockchain. Today, we explore groundbreaking partnerships, economic innovations, and blockchain-powered initiatives redefining the future.

Sony Ventures Into Blockchain With New Identity Solutions

Sony has unveiled its latest blockchain-based digital identity solution designed to enhance privacy and security in the online space. This innovative system uses decentralized technology to manage digital credentials, making identity verification seamless and secure.

Sony’s venture reflects a broader trend among tech giants exploring blockchain’s potential to reshape data privacy and authentication systems.

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Source: Sony Press Release


TRON’s Daily Revenue Skyrockets 119% in 2024

TRON has reported a staggering 119% increase in daily revenue, a testament to its innovative blockchain economic models. By leveraging smart contracts and a scalable infrastructure, TRON continues to attract developers and businesses seeking cost-efficient blockchain solutions.

This growth positions TRON as a leading player in the competitive blockchain ecosystem, setting benchmarks for others to follow.

Source: Bitcoin.com


MIGMIG Partners With XT.com to Bring Blockchain Rewards

MIGMIG, a blockchain gaming and rewards platform, has partnered with XT.com to expand its reach and user engagement. This collaboration aims to deliver unique blockchain-powered rewards while enhancing the gaming experience for users worldwide.

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The partnership highlights the increasing intersection of blockchain technology and entertainment, opening new avenues for user interaction.

Source: Bitcoinist


Nano Labs Supports the Inaugural Presidential Crypto Ball

Nano Labs has announced a partnership with the Inaugural Presidential Crypto Ball, emphasizing its commitment to fostering blockchain awareness. This high-profile event aims to bridge the gap between blockchain innovators and policymakers, paving the way for broader adoption.

The initiative underscores the importance of collaboration between the blockchain community and governmental bodies to shape the future of digital assets.

Source: PR Newswire

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Bybit Card Partners With EnTravel for Luxury Travel Perks

Bybit has teamed up with EnTravel to offer its cardholders exclusive discounts on luxury travel experiences. This partnership integrates blockchain-powered payment solutions with high-end travel services, providing users with unparalleled convenience and value.

The move exemplifies how blockchain technology can enhance traditional industries, offering innovative solutions tailored to modern consumer needs.

Source: PR Newswire


Key Insights and Industry Trends

  1. Decentralized Identity: Sony’s blockchain-based solution addresses growing concerns over online security and privacy.
  2. Economic Innovations: TRON’s revenue surge highlights the profitability of scalable blockchain networks.
  3. Gaming and Blockchain: Partnerships like MIGMIG and XT.com showcase the potential of blockchain in entertainment.
  4. Policy and Collaboration: Nano Labs’ involvement in the Crypto Ball underscores the importance of industry-government dialogue.
  5. Luxury Integration: Bybit and EnTravel demonstrate blockchain’s ability to enhance traditional services.

 

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Blocks & Headlines: Today in Blockchain (Vault Zero, Ethereum, DAMAC, Mantra, Cardano, FC Barcelona, ArmSwap)

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Welcome to Blocks & Headlines, your comprehensive daily digest of the latest trends, innovations, and developments in blockchain technology. Today’s stories explore transformative partnerships, regulatory debates, and breakthroughs in decentralized finance and blockchain integration.

Vault Zero: Pioneering AI and Blockchain Synergy

Vault Zero is revolutionizing the tech landscape by integrating AI capabilities with blockchain innovation. The project focuses on creating decentralized ecosystems that leverage AI for enhanced decision-making, security, and scalability. This initiative addresses a growing demand for AI-driven blockchain solutions in sectors such as finance, healthcare, and supply chain management.

The announcement underscores the potential of combining AI and blockchain to address real-world challenges. By enabling data immutability and intelligent automation, Vault Zero is setting a new standard for tech convergence.

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Source: Bitcoinist


Vitalik Buterin Warns Against Blockchain Censorship

Ethereum co-founder Vitalik Buterin has issued a cautionary note about the potential risks of blockchain censorship. Speaking on recent developments in transaction filtering, Buterin warned that regulatory pressures could lead to compromised decentralization. He emphasized the importance of community vigilance to ensure that blockchain networks remain open and resistant to manipulation.

This serves as a wake-up call for developers and users alike, highlighting the need to strike a balance between compliance and the foundational principles of decentralization.

Source: U.Today


Dubai’s DAMAC Enters $1 Billion Blockchain Partnership

Real estate developer DAMAC Properties has inked a $1 billion deal with blockchain platform Mantra. The partnership aims to tokenize real estate assets, allowing for greater transparency and liquidity in property investments. This marks a significant milestone in bridging traditional real estate markets with blockchain technology.

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By leveraging blockchain for tokenization, DAMAC is enabling fractional ownership, thus broadening access to high-value properties. This initiative could pave the way for similar integrations in global real estate markets.

Source: Reuters


Cardano Teams Up with FC Barcelona

Cardano has partnered with FC Barcelona to empower fans through blockchain technology. The collaboration focuses on creating digital collectibles and fan engagement platforms. By leveraging Cardano’s blockchain infrastructure, the initiative aims to enhance fan experiences while maintaining sustainability and scalability.

This partnership reflects the growing intersection between sports and blockchain, where fan-centric solutions can drive adoption and innovation.

Source: Bitcoin.com

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ArmSwap Launches Its DeFi Platform

Decentralized finance (DeFi) continues to thrive with the launch of ArmSwap’s new platform. ArmSwap offers advanced features like yield farming, liquidity pooling, and cross-chain compatibility. Designed to attract both retail and institutional investors, the platform emphasizes security and user-friendly interfaces.

ArmSwap’s entry into the DeFi space highlights the sector’s dynamism and the ongoing efforts to make decentralized finance accessible to a broader audience.

Source: PR Newswire


Industry Insights and Emerging Trends

The blockchain landscape continues to evolve, characterized by groundbreaking innovations and collaborations. Key trends include:

  1. AI-Blockchain Convergence: Projects like Vault Zero exemplify the synergy between artificial intelligence and blockchain.
  2. Decentralization Challenges: Vitalik Buterin’s warning highlights the need to safeguard against blockchain censorship.
  3. Tokenization in Real Estate: DAMAC’s partnership with Mantra showcases the transformative potential of asset tokenization.
  4. Blockchain in Sports: Cardano’s collaboration with FC Barcelona underscores blockchain’s growing role in fan engagement.
  5. DeFi Expansion: Platforms like ArmSwap are setting new benchmarks for decentralized finance.

 

The post Blocks & Headlines: Today in Blockchain (Vault Zero, Ethereum, DAMAC, Mantra, Cardano, FC Barcelona, ArmSwap) appeared first on News, Events, Advertising Options.

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Blockchain Press Releases

Revolutionizing Crypto: How JuCoin Plans to Reclaim Its Market Throne

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SINGAPORE, Jan. 14, 2025 /PRNewswire/ — JuCoin (jucoin.com), a prominent centralized cryptocurrency exchange established in 2013, quickly rose to become the largest digital asset exchange in East Asia within just two years. With its eyes set on reclaiming market dominance by 2025, JuCoin is embarking on a series of strategic initiatives, including assembling new teams and expanding its ecosystem into areas such as blockchain development, innovative technologies, and hosting industry summits.

To address evolving market demands, JuCoin is intensifying its global efforts, broadening its reach to emerging cryptocurrency markets and user groups. JuCoin aims to reinforce its pivotal role in the cryptocurrency space by enhancing its ecosystem and adapting to new market trends.

JuCoin’s Ecosystem Innovations

At the core of JuCoin’s ecosystem is JuChain, an independent and permissionless public blockchain poised for launch. JuChain allows developers to build decentralized applications (dApps) and issue assets, including fungible tokens (FTs) and non-fungible tokens (NFTs). With interoperability across other Layer 1 (L1) chains, JuChain facilitates multi-currency transfers through oracles and cross-chain bridges, making asset interoperability seamless.

JuChain is designed to integrate deeply with JuCoin’s trading platform, bridging decentralized and centralized financial systems. This integration will drive advancements in decentralized finance (DeFi) and PayFi, positioning JuCoin as a pioneer in the convergence of traditional and decentralized financial technologies.

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Complementing JuChain is JuOne, the world’s first Web3 AI-powered cryptocurrency smartphone. JuOne combines top Web3 features, AI-driven intelligence, and a 5G IoT network. By seamlessly integrating with JuChain, JuOne aims to enhance asset security and execution efficiency, offering users a faster, more reliable experience in managing digital assets.

JuCoin Labs: Driving Innovation

JuCoin Labs serves as the innovation hub of the JuCoin ecosystem, focusing on blockchain research and supporting emerging Web3 projects. Through global resources, strategic partnerships, and connections to investors and advisors, JuCoin Labs empowers entrepreneurs to build robust Web3 companies.

A $100 million Web3 venture capital fund, with an initial allocation of $10 million, is now open for applications. This fund targets projects in blockchain infrastructure, Layer 2 solutions, DeFi, Web3, NFTs, and Metaverse. Entrepreneurs can apply and learn more at JuCoin Labs.

Industry Summits and Community Engagement

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As part of its expansion strategy, JuCoin is organizing industry-leading summits to bring together blockchain innovators, cryptocurrency enthusiasts, and industry leaders. These events aim to foster collaboration and explore the future of the cryptocurrency industry.

To strengthen its user base, JuCoin is rolling out a global partnership program to work with regional and international partners, promoting blockchain development and creating a more inclusive cryptocurrency environment. By prioritizing user feedback, JuCoin ensures its platform evolves in alignment with community needs.

Looking Ahead: JuCoin’s 2025 Vision

JuCoin’s growth strategy revolves around enhancing the user experience, strengthening security and compliance, and accelerating globalization. By 2025, JuCoin cryptocurrency exchange plans to introduce innovative features such as:

  • The Token Generation Event (TGE) of its platform token, JUCoin.
  • Advanced social features to enhance community interactions.
  • The launch of JuChain and new CeDeFi functionalities.
  • Cutting edge Social-Fi dApp for Web3 community, JuChat.
  • A Launchpad initiative to support new blockchain projects.

These efforts, coupled with user rewards, referral programs, and offline events, aim to build a more engaged and participatory community. JuCoin is committed to standing out in a competitive market by offering a comprehensive ecosystem that extends beyond traditional trading.

About JuCoin

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JuCoin is a leading centralized cryptocurrency exchange (CEX) known for its innovation and user-friendly platform. Today, JuCoin is evolving into a robust digital ecosystem that integrates blockchain development, cutting-edge mobile technology, and a vibrant global community, redefining the future of cryptocurrency.

For more information, visit jucoin.com and follow JuCoin on social media:

Twitter: https://x.com/Jucoinex
Telegram: https://t.me/jucoinex

Photo – https://mma.prnewswire.com/media/2597506/JuCoin_s_Ecosystem.jpg

 

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