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Blockchain Press Releases

Bybit and Franck Muller Partner with Sidus Heroes to Launch Cosmic Gears: A Pioneering Web3 Game with a $250,000 Prize Pool and Exclusive Watch Collection

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DUBAI, UAE, April 17, 2024 /PRNewswire/ — Bybit, one of the world’s top three crypto exchanges by volume, and Franck Muller, the renowned Swiss luxury watchmaker, are thrilled to announce Cosmic Gears, a groundbreaking collaboration that shatters the boundaries between GameFi and luxury. Developed alongside Sidus Heroes, the award-winning Web3 game studio, Cosmic Gears seamlessly blends cutting-edge technology with the unparalleled craftsmanship and innovation that defines Franck Muller. Players can compete for a chance to win a share of the staggering $250,000 prize pool, including the highly sought-after “Free the Money. Free the World” watches by Franck Muller, valued at $25,000 each.

Cosmic Gears: An Immersive Adventure for All

Cosmic Gears welcomes players of all ages and skillsets on a thrilling adventure that puts their math skills, logic, reflexes, and luck to the test. Delve into the depths of space in this captivating arcade game that combines mathematical challenges with interstellar exploration, making it a perfect fit for families and seasoned gamers alike.

The Cosmic Gears Tournament: A Lucrative $250,000 Extravaganza

To celebrate the launch, Bybit, Franck Muller, and Sidus Heroes have joined forces to present the Cosmic Gears Tournament, boasting an impressive $250,000 prize pool. Participants will have the chance to win a share of this bounty, including the coveted “Free the Money. Free the World” watches by Franck Muller.

“The unveiling of Cosmic Gears marks the culmination of a remarkable partnership with Franck Muller, which began last year,” says Ben Zhou, Co-founder and CEO of Bybit. “This ongoing collaboration has successfully merged the worlds of GameFi and luxury, resulting in a truly exceptional experience for players globally. With the Cosmic Gears Tournament, we invite gamers to embark on an unforgettable journey while showcasing the seamless integration of cryptocurrency and gaming. This collaboration exemplifies Bybit’s unwavering commitment to pushing the boundaries of innovation and creating meaningful experiences for our community.”

Tournament Details

Duration: April 29 to May 29, 2024

How to Join: To participate in the Cosmic Gears Tournament, players must acquire a Hero from the Bybit Marketplace and activate it on http://www.cosmicgears.io The game can then be accessed through the Cosmic Gears Bot on Telegram.

For more information, please visit our official announcement:  https://announcements.bybit.com/article/bybit-x-franck-muller-enter-the-cosmic-gears-tournament-win-luxury-watches-web3-nft–bltbfdaf30f4b73f11c/

#Bybit / #TheCryptoArk / #BybitWeb3

About Franck Muller

Franck Muller, the prestigious Swiss luxury watchmaker (since 1991), is renowned for exceptional craftsmanship and innovative designs. Franck Muller watches are celebrated for their intricate complexity, exquisite aesthetics, and attention to detail, making them a favorite among collectors and connoisseurs of fine horology. Additionally, the experts at Franck Muller value innovation as much as they honor tradition. This reverence is beautifully embodied in their latest collection, which seamlessly melds a crypto cold wallet with the classic wristwatch.

About Sidus Heroes

Sidus Heroes is a pioneering, Web3, space-based gaming Metaverse that offers interstellar exploration and conquests. The metaverse features multiple game studios, unified under one lore book, and a common economy across all its titles. SIDUS embraces a cross-platform approach, enabling seamless progress transference between all its high-quality gaming products. The Metaverse is constantly evolving, incorporating new and exciting projects while nourishing and upgrading staple games, such as Xenna, Tembazar, Nidum, and others.

About Bybit Web3

Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 1 million wallet users, over 10 major ecosystem partners, and counting. 

Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as a top 3 global crypto exchange, trusted by 25 million users globally.

Join the revolution now and open the door to your Web3 future with Bybit.

For more details about Bybit, please visit Bybit Web3.

About Bybit

Bybit is one of the world’s top three crypto exchanges by trading volume with 25 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: [email protected]

For more information, please visit: https://www.bybit.com

For updates, please follow: Bybit’s Communities and Social Media

Bybit Web3 Logo

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Blockchain Press Releases

Bitget Wallet Lists Ecosystem Token BWB on Native Launchpad, Seeks to Capitalize on Market Momentum

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VICTORIA, Seychelles, May 20, 2024 /PRNewswire/ — Bitget Wallet, one of the largest multi-chain wallets, has announced that its official ecosystem token will be listed on its native launchpad from May 23, 18:00 (UTC+8). This move marks a significant milestone in Bitget Wallet’s commitment to revolutionizing the digital asset landscape and providing users with unparalleled opportunities for growth and engagement.

Users who have accumulated at least $200 worth of transactions in the month of May on Bitget Swap, the wallet’s native trading platform, will be eligible for the public round of the launchpad.

“For a project to launch its own token, careful and robust consideration of various factors have to be made,” Alvin Kan, COO of Bitget Wallet comments. “A clear understanding of a project’s unique value proposition on the market, together with a strong community to back it, are paramount requirements that need to be met before a token launch. We are satisfied that these conditions have been adequately met at this point in time, which have led us to this strategic move.”

BWB Tokenomics

Following the recent conclusion of the BWB Points campaign, the BWB token, set to launch on Solana, Ethereum, and Base chains, will be capped at a total supply of 1 billion. 47% of this total supply will be allocated to the community treasury and 10% will go to investors, while 5% will be reserved for the pre-TGE (token generation event) airdrop.

Aside from community governance rights, BWB can also be used to cover gas fees on multiple chains, staking, and will qualify holders for future airdrops from Bitget Wallet. The token will soon make its way to the wallet’s native launchpad.

Bitget Wallet Launchpad: Democratizing DeFi

Distinguishing Bitget Wallet from other wallets by providing new and innovative ways to improve the overall user experience has been a central focus of Bitget Wallet’s development roadmap this year. By introducing a native launchpad, the wallet aims to provide an avenue for users to better discover new and upcoming projects that have been carefully vetted by the Bitget Wallet team. In doing so, not only will users be able to better capitalize on various “low risk, high return” opportunities in the DeFi space, it also empowers retail investors to follow smart money and trends in the industry.

“The democratization of investment opportunities is an important goal that we are working towards, as this allows users to participate in high-quality projects and strengthens the participation and reward mechanism of the entire ecosystem,” Alvin says.

Being one of the first wallets on Web3 to integrate a native launchpad also means that users will be able to participate in leading projects right from the convenience of their Bitget Wallet mobile application. The launch of the platform’s ecosystem token on its very own native launchpad marks a pivotal milestone in Bitget Wallet’s aims to expand its global influence and deepen customer engagement.

About Bitget Wallet

Bitget Wallet is Asia’s largest and a leading global Web3 wallet with over 20 million users worldwide. It offers a comprehensive range of features, including asset management, intelligent market data, swap trading, launchpad, inscribing, NFT, DApp, and token earning center. Currently, it supports more than 100 major blockchains, hundreds of EVM-compatible chains, and over 250,000 cryptocurrencies. Bitget Wallet enhances liquidity by aggregating it across hundreds of top DEXs and cross-chain bridges, facilitating seamless trading on nearly 50 blockchains.

For more information, visit: Website | Twitter | Telegram | Discord

View original content:https://www.prnewswire.co.uk/news-releases/bitget-wallet-lists-ecosystem-token-bwb-on-native-launchpad-seeks-to-capitalize-on-market-momentum-302150050.html

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Blockchain Press Releases

KuCoin Ventures Announces Strategic Investments in ELFi Protocol to Enhance Derivatives Trading Experience

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VICTORIA, Seychelles, May 20, 2024 /PRNewswire/ — KuCoin Ventures, the investment arm of the global cryptocurrency exchange KuCoin, has announced a strategic investment in ELFi, a cutting-edge decentralized derivatives trading platform. This collaboration marks a significant milestone in the evolution of the cryptocurrency derivatives market, emphasizing the strategic partnership between the two entities.

ELFi has been at the forefront of innovation in the decentralized finance (DeFi) space, offering a suite of advanced trading functionalities that cater to both retail and institutional investors. As a pioneer in supporting Portfolio Margin within the P2Pool model, ELFi has demonstrated its commitment to providing sophisticated risk management systems for listing contracts across various risk levels.

The strategic partnership between KuCoin Ventures and ELFi is expected to unlock new opportunities for both parties. Leveraging the industry insights of KuCoin Ventures, ELFi is set to achieve substantial growth. Conversely, ELFi’s innovative trading solutions will diversify services offered by KuCoin Ventures. Some of the key highlights of the partnership include: enhanced liquidity for ELFi, advancements in risk management for all participants and innovation in pool designs.

KuCoin Ventures is excited to partner with ELFi, a platform that shares our vision for a more open and accessible financial future. This investment is not just financial; it’s a strategic move to integrate ELFi’s innovative trading solutions into our ecosystem, providing our users with a superior trading experience.” Said Johnny Lyu, CEO of KuCoin Exchange.

KuCoin Ventures has been actively seeking out and investing in promising blockchain and cryptocurrency projects that align with its vision of a decentralized and inclusive financial ecosystem. The investment in ELFi is a testament to KuCoin’s commitment to supporting projects that bring transformative solutions to the market.

ABOUT KUCOIN VENTURES

KuCoin Ventures aims to invest in the most disruptive crypto and blockchain projects of the Web 3.0 era. As a community-friendly and research-driven investor, KuCoin Ventures works closely with portfolio projects throughout the entire life cycle, with a focus on DeFi, GameFi, and other Web3.0 infrastructures.

ABOUT ELFi Protocol

ELFi is a decentralized derivatives trading platform that focuses on delivering top-notch trading functionalities. It’s the pioneer in supporting Portfolio Margin within the P2Pool model, and boasts a sophisticated risk management system for listing contracts of various risk levels. Additionally, ELFi introduces innovative liquidity pool designs, offering industry-first zero-risk stablecoin liquidity pools and LSD re-collateralized liquidity pools. It strives to better meet market and user demands through features like risk isolation, asset pricing, and LST asset support.

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Blockchain

Merging Traditions with Fintech and Blockchain Innovations

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Financial Evolution: Merging Traditions with Fintech and Blockchain Innovations at MARE BALTICUM Gaming & TECH Summit

The financial industry is undergoing a seismic shift as fintech and blockchain technologies pave the way for unprecedented innovation and transformation. At the upcoming MARE BALTICUM Gaming & TECH Summit, a high-profile panel titled “Financial Evolution: Merging Traditions with Fintech and Blockchain Innovations” will delve deep into this exciting evolution. This session will explore how established financial institutions are integrating these advanced technologies to revolutionize services, enhance security, and increase efficiency.

Moderator: Anna Agu

Leading the panel is Anna Agu, CEO and Managing Partner at Lex Law Office OU and Director at Lex Law Office LT UAB. With her extensive legal expertise in the fintech sector, Agu is perfectly positioned to guide the discussion, ensuring a thorough exploration of the delicate balance between maintaining traditional financial principles and embracing innovative technologies.

Panelists:

  • Merit Leib – Compliance Consultant at LEIB Regulatory & Compliance Risk Consulting
  • Astra Tikas – Founding Board Member of INO (Internet Native Organization)
  • Dr. Dean Rakic – Chief Scientist at Blockcontrol
  • Saulius Racevicius – Senior Associate of PSP Lab LLP and Board Member of the Fintech Hub LT
  • Evaldas Krampas – CEO at SpectroCoin and Head of Crypto Hub Lithuania

Why Attend?

The “Financial Evolution: Merging Traditions with Fintech and Blockchain Innovations” panel at the MARE BALTICUM Gaming & TECH Summit is a must-attend for professionals across the financial sector. Here’s why:

  1. Gain Comprehensive Insights: Learn from top experts about the latest trends, challenges, and opportunities in fintech and blockchain.
  2. Regulatory Perspectives: Understand the importance of compliance and how to navigate regulatory challenges effectively.
  3. Technical Knowledge: Dive deep into the technical aspects of blockchain integration and learn about cutting-edge developments.
  4. Practical Implementation: Gain practical insights into how traditional financial institutions are successfully integrating new technologies.
  5. Networking Opportunities: Connect with industry leaders and peers who are driving innovation in finance.

Join Us

This panel provides a unique opportunity to stay ahead of the curve in the rapidly evolving financial landscape. Join us at the MARE BALTICUM Gaming & TECH Summit to explore how fintech and blockchain technologies are reshaping finance and what it means for the future. Engage with industry leaders, gain actionable insights, and network with peers at the forefront of financial innovation.

Secure your spot today and be part of this transformational journey. Don’t miss the chance to be involved in discussions that will shape the future of finance. See you at the MARE BALTICUM Gaming & TECH Summit!

The post Merging Traditions with Fintech and Blockchain Innovations appeared first on HIPTHER Alerts.

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