Blockchain Press Releases
Love’s Echo, Hope’s Ripple: Gate Charity’s Anniversary Reflection and Vision
PANAMA CITY, Jan. 26, 2024 /PRNewswire/ — Gate Charity, the pioneering global blockchain charity organization, celebrates a remarkable first year of philanthropy, with a reach extending to 16 diverse countries and regions. In its inaugural year, Gate Charity spearheaded 123 charitable events, impacting lives from the remote villages of Africa to the bustling cities of Asia. The organization’s commitment to broad-based, inclusive support is evident in its support of over 141,000 beneficiaries through initiatives ranging from educational resources in underprivileged areas to facilitating medical aid in regions lacking healthcare infrastructure.
Global Reach and Activities
Gate Charity’s unique approach focuses on grassroots initiatives, carefully tailored to address the specific needs of the communities it serves. One notable project in Indonesia targeted the Anak Dalam Tribe, enhancing educational access and quality while respecting the tribe’s unique cultural and educational needs. This exemplifies Gate Charity’s ethos of not only providing aid but fostering sustainable development and empowerment.
Responsive and Timely Aid
Gate Charity’s responsiveness to crisis situations has been exemplary, demonstrated during earthquakes in Turkey and Japan. Leveraging the speed and transparency of blockchain technology, the charity quickly gathered resources for aid. The ‘Reconstructing Homes for Children’ project in Turkey raised over 1.5 million Liras, showcasing a long-term commitment to rebuilding safe, sustainable living environments for affected children.
Fundraising Success
Gate Charity’s innovative fundraising approach, combining traditional donations and cutting-edge NFT sales, has played a pivotal role in its success. This funding has supported a diverse range of projects, ensuring a steady flow of resources to meet various needs.
Using the Power of Blockchain to Help Disadvantaged Groups
Gate Charity’s foray into NFTs marked a significant step in leveraging new technology for social good. In 2023, the charity initiated 38 NFT projects, raising funds to eradicate hunger, promote education, and aid in disaster relief efforts, expanding the scope and impact of its work.
Looking to the Future, Embracing Wider Goals and Sustainable Growth
As Gate Charity looks to the future, it aims higher, intensifying efforts across multiple sectors in 2024. The focus areas include hunger eradication, education, medical care, environmental restoration, animal care, and enhanced disaster relief efforts. This broader scope underscores the organization’s commitment to addressing global challenges faced by communities.
Gate Charity’s strategy for 2024 revolves around sustainable development and expanding its volunteer base. Establishing deeper connections with communities, building partnerships with local organizations, investing in long-term projects, and recruiting passionate volunteers are key steps to fortify the charity’s impact.
As Gate Charity embarks on another year, the organization renews its commitment to positively impact lives. Gate Charity invites individuals worldwide to support or join its noble cause, playing a part in creating a more equitable and compassionate world in 2024 and beyond.
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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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