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Blockchain Press Releases

Swaps Launches Innovative Payment Links for Crypto and Fiat Transactions

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TALLINN, Estonia, May 15, 2024 /PRNewswire/ — Swaps, one of the leading provider of crypto payment gateways for personal and business use, today announced the launch of its new product, Payment Links, an advanced solution designed to simplify and enhance the way users receive payments and transfers in crypto and fiat currencies.

Swaps Payment Links: Streamlining of Crypto and Fiat Transactions

Payment Links offers a user-friendly solution that caters to the diverse needs of modern businesses and individuals. By visiting the company’s platform at swaps.app, users can effortlessly create a payment request as a simple invoice by specifying the desired amount and currency (crypto or fiat). The process generates a unique payment link accompanied by a QR code, which can be sent to the payer or displayed directly for scanning.

Insights from Swaps

Alexander Aveshnikov, CMO at Swaps, shared insights into the strategic vision behind Payment Links: “Our goal with Payment Links was to create a tool that not only simplifies the payment process but also addresses the main friction points in crypto and fiat transactions, such as accessibility, transfer fees, diversity of payment methods and user experience. Payment Links embodies our commitment to these principles, offering a versatile and straightforward solution that empowers our users to transact globally with ease and can also be integrated into any business.”

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How It Works

The payer can follow the link to a secure payment page where they can choose from multiple convenient payment methods, including bank cards, bank transfers, cryptocurrency, and various alternative and local payment options. The payer makes the payment in a couple of clicks, Swaps does the entire transaction processing on its side so that the transfer is delivered to the recipient as soon as possible. This flexibility ensures that Swaps’ Payment Links can meet the diverse needs and preferences of global users.

Benefits for Users Worldwide

With Swaps Payment Links, recipients can receive funds in their chosen format, whether in crypto or fiat currencies, no matter their location. This innovation addresses significant challenges in the payment industry, such as high fees, lack of universal accessibility, and slow processing times associated with traditional banking systems.

Why This Matters

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In an increasingly interconnected world, the demand for versatile, fast, and secure payment methods continues to rise. Payment Links provide businesses and individuals with an efficient tool to manage global transactions effectively. This new release reflects a step forward in addressing the evolving needs of the financial technology market.

About Swaps

Swaps is a fintech company that specializes in providing advanced crypto and fiat payment solutions. By integrating cutting-edge technology with user-centered design, Swaps aims to build a bridge between traditional and decentralized finance, making digital and fiat currency transactions accessible and practical for everyone. Swaps is fully licensed and regulated in Estonia and Canada, ensuring a secure and reliable service for users worldwide.

For more information please visit: https://www.swaps.app/

Photo – https://mma.prnewswire.com/media/2412675/Swaps_Payment_Links.jpg

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Cision View original content:https://www.prnewswire.co.uk/news-releases/swaps-launches-innovative-payment-links-for-crypto-and-fiat-transactions-302145415.html

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Blockchain Press Releases

HTX Appoints Singapore National Goalkeeper Hassan Sunny as Chief Safeguarding Officer

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SINGAPORE, June 15, 2024 /PRNewswire/ — HTX, a leading cryptocurrency exchange, proudly announces the appointment of Singapore national football team goalkeeper Hassan Sunny as Chief Safeguarding Officer.

“The partnership between HTX, the ‘People’s Exchange’, and Hassan Sunny, the ‘People’s Goalkeeper’, is a perfect match,” said Justin Sun, Member of the HTX Global Advisory Board. “Together, we will work to ensure the safety and security of user assets in the ever-evolving crypto world. Just as Sunny fearlessly protects his goal on the field, HTX is committed to protecting every user’s assets with the same determination and resolve, providing the safest and most reliable investment environment possible.”

Sunny also expressed his excitement about joining the HTX family, stating “I am excited to be part of HTX. I can’t wait to embark on this journey with the team.”

Sunny has been called a national hero in China for his outstanding performance in the final group match of the first round of the 2026 FIFA World Cup Asian Qualifiers against Thailand on June 11th. Despite facing relentless attacks, Sunny made an incredible 11 saves, including a crucial one in stoppage time. Singapore ultimately lost the match 1-3, but their result helped China qualify for the next round at the expense of Thailand.

About HTX:

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Founded in 2013, HTX has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. HTX serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies – “global development, technology drives development, and technology for good” underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts.

 

View original content:https://www.prnewswire.co.uk/news-releases/htx-appoints-singapore-national-goalkeeper-hassan-sunny-as-chief-safeguarding-officer-302173558.html

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Blockchain

New seed-stage VC fund from Finland secures €6 million in initial close for €30 million blockchain fund

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Helsinki-based Equilibrium Ventures (EQV), a new seed-stage venture capital fund focused on the crypto sector, has successfully closed the first round of its €30 million fund, raising €6 million from limited partners (LPs). This milestone highlights growing interest in blockchain startups and a promising future for the European crypto ecosystem.

The fund is led by an experienced team of partners: Mika Honkasalo, Henrik Sundvik (formerly of Bain & Company), and Christopher Ahn (ex-Molten Ventures investor). Equilibrium Ventures aims to attract and support founders with deep technical expertise in blockchain technologies, covering areas such as zero-knowledge proofs and smart contracts, essential for developing advanced blockchain solutions.

Equilibrium Ventures has attracted a diverse group of backers, including strategic investors, family offices, and notable LPs like Sebastien Borget, co-founder of the metaverse platform The Sandbox. This support underscores the fund’s credibility and signals growing confidence in crypto investments despite recent market challenges.

Dedicated to crypto infrastructure, Equilibrium Ventures emphasizes rigorous technical due diligence and value addition for pre-seed and seed engineering firms. With a network of about 70 blockchain engineers, mainly based in Europe, the fund is well-positioned to help startups develop robust blockchain technologies.

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The renewed interest in venture capital investment in blockchain, bolstered by evolving regulatory landscapes in the US and Europe, is expected to increase investor confidence in the crypto sector. Equilibrium Ventures, with its technical expertise and strategic support, is poised to become a significant player in Europe’s crypto venture scene.

Looking ahead, Equilibrium Ventures aims for a second close by the end of this summer, targeting 80% of the total fund. This progress indicates strong momentum and the potential for significant contributions to the European blockchain ecosystem.

Source: arcticstartup.com

The post New seed-stage VC fund from Finland secures €6 million in initial close for €30 million blockchain fund appeared first on HIPTHER Alerts.

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Blockchain

Riot Platforms Acquires 14% Stake in Bitfarms Ltd.

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Riot Platforms, Inc. has announced its acquisition of a 14% stake in Bitfarms Ltd., as detailed in a recent press release by Riot Platforms. This move aligns with Riot’s strategy to influence corporate governance within Bitfarms.

Acquisition Details

On June 13, 2024, Riot Platforms purchased 1,432,063 common shares of Bitfarms Ltd., representing about 0.35% of Bitfarms’ issued and outstanding common shares. The shares were bought on the Nasdaq Stock Market and other open markets at an average price of approximately $2.70 per share, totaling $3,870,293.46.

Before this acquisition, Riot held 56,194,973 common shares of Bitfarms, equating to 13.65% ownership. With the new shares, Riot now holds 57,627,036 common shares, resulting in a 14% stake in Bitfarms.

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Strategic Intentions

Riot Platforms intends to call a special meeting of Bitfarms’ shareholders to nominate several independent directors to the board, citing concerns over Bitfarms’ corporate governance. Riot seeks to influence Bitfarms’ strategic direction and enhance its governance standards.

Riot is continuously reviewing its investment in Bitfarms and may adjust its position based on factors such as market conditions and the company’s financial status. Potential actions include increasing or decreasing its stake, entering into hedging transactions, or proposing additional strategic measures.

Forward-Looking Statements

The press release includes forward-looking statements subject to risks and uncertainties, reflecting Riot’s current expectations and assumptions. Riot cautions investors to consider these risks before making investment decisions.

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Riot’s vision is to become the leading Bitcoin-driven infrastructure platform, focusing on a vertically integrated strategy with Bitcoin mining operations in Texas and electrical switchgear engineering in Colorado.

Source: blockchain.news

The post Riot Platforms Acquires 14% Stake in Bitfarms Ltd. appeared first on HIPTHER Alerts.

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