Blockchain Press Releases
Built on Base, Unite Launches L3 Testnet for Mass-Market Mobile Gaming in Collaboration with Syndicate
- Built on Coinbase’s Layer-2 blockchain, Base, and OP Stack, Unite unveils its L3 Alpha Testnet as the first milestone to kick off the development of its main scaling solution.
- The Alpha Testnet allows Unite to start testing SDKs in its mobile games to connect to the L3.
- Syndicate is supporting Unite with the development of its L3 chain.
SINGAPORE, June 25, 2024 /PRNewswire/ — Unite, a Singapore based mass-market onchain mobile gaming infrastructure solution, announces the launch of its L3 blockchain Alpha Testnet. Built on Coinbase’s Layer-2 blockchain, Base, and OP Stack, Alpha Testnet is a pivotal component of Unite’s L3 chain solution, designed to support the large-scale onboarding of mobile games and users onchain.
Backed by Coinbase Ventures, OKX ventures, Solana Ventures, Superlayer, and other investors, Unite is transforming the onchain gaming landscape into a scalable, user and developer-friendly environment that fosters sustainable growth through its end-to-end solution.
The Unite L3 Alpha Testnet is the first piece of this comprehensive solution. It kicks off the development of Unite’s main scaling strategy. The Testnet allows Unite to start testing its existing live mobile games (available on Apple and Google app stores) SDKs to connect to the L3. Also, building on top of technology provided by Syndicate, Unite’s solutions will support the relaying of state data across chains as well as the offchain to onchain data transmission, gasless onboarding and gaming experiences, and more.
“This is the first step in using the testnet on Base and OP stack rollups to power the smart contracts of the Unite games natively on the L3. It allows us to build the main scaling solution for large-scale users. Leveraging the foundation of Base and technology from Syndicate, the Unite L3 chain solution is off to a great start, however the overall gaming infrastructure cannot be built without the support of the community, which we will continue to engage with” said Mike Li, Head of technology at Unite.
Built on the leading Ethereum Layer-2 blockchain network Base, Unite L3 chain would significantly benefit from Base’s scalable optimistic rollup technology, easy development compatible with EVM and low transaction cost. Base provided a concrete foundation for Unite to further scale and integrate its L3 into the full package offer, which includes Unite Oracle Nodes, Mobile Game Service SDKs, Mobile Wallet SDKs, and its mobile decentralized physical infrastructure (DePin).
“We’re excited Unite is launching Alpha Testnet on Base and expanding the potential of the mobile gaming economy. Base gives builders an avenue to easily create and do more onchain, and Unite is on the forefront of enabling the gaming industry to deliver onchain benefits to consumers,” said Jesse Pollak, Creator of Base.
The Unite L3 chain strategy from economics to implementation has been developed with the expertise of Syndicate, the infrastructure company behind L3 chains such as Degen Chain, Ham Chain, Gold Chain, and more. The Unite team and Syndicate are working together to continuously and regularly release updates of the Testnet. The future beta version of the Testnet will feature early versions of state-of-the-art sequencer technology along with Unite Oracle Nodes for the mobile gaming infrastructure.
“We’re excited to be partnering with Unite on the future of onchain mobile gaming. Unite’s L3, combined with its veteran team, mobile games SDKs, and Syndicate’s next-generation L3 infrastructure, represents the future for how Ethereum will scale and onboard millions of players onchain in the coming years,” said Ian Lee, Co-Founder of Syndicate.
Find out more about Unite Alpha Testnet from its explorer:
About Unite
Unite is on a mission to build the first Layer 3 blockchain solution for mass-market mobile games, targeting the 2.8 billion players and the $90 billion revenue generated from the mobile game market. Focused on enhancing player experience with in-game earning capabilities, Unite offers a comprehensive L3 solution encompassing chain, client, ecosystem and establishing a decentralized physical infrastructure (DePin) built on billions of daily active mobile devices worldwide.
Founded by veterans in mobile, gaming and onchain infrastructure who served as founders and executives of some of the biggest names, Unite is leading the innovation to the mobile games.
For more information, visit Unite’s official website, follow us on X, and join the Unite Discord community.
About Syndicate
Syndicate provides developers, platforms, and communities with the tools and infrastructure to build powerful onchain products, experiences, and economies at scale. Backed by Andresseen Horowitz, IDEO, Electric Capital, Variant, Coinbase, Kleiner Perkins, and more, learn more about Syndicate by following @syndicateio on X or @syndicate on Farcaster, or at syndicate.io.
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View original content:https://www.prnewswire.co.uk/news-releases/built-on-base-unite-launches-l3-testnet-for-mass-market-mobile-gaming-in-collaboration-with-syndicate-302181852.html
Join us in our 10th-anniversary celebrations – special campaigns every week!
bitFlyer Europe S.A. is launching 17 new crypto-assets over the next four weeks to celebrate 10 successful years of the bitFlyer Group. Each week we will launch a new crypto-assets campaign and each week you can win exciting prizes! Our first campaign started September 26, 2024 with the launch of Axie Infinity (AXS), Decentraland (MANA), Immutable (IMX), and The Sandbox (SAND)!
Here is our campaign calendar** for the next three weeks:
- Week 2 (October 3, 2024: ApeCoin (APE), Chilliz (CHZ), Ripple (XRP), Palette Token (PLT).
- Week 3 (October 10, 2024): Avalanche (AVAX), Mask Network (MASK), The Graph (GRT), Chainlink (LINK).
- Week 4 (October 17, 2024): Flare (FLR), Symbol (XYM), Nem (XEM), Dogecoin (DOGE), and Shiba Inu (SHIB).
* Visit our 10th-anniversary site for more details. (https://bitflyer.com/en-eu/s/lp/10th-anniversary). Terms and conditions apply.
** The listing schedule is subject to change.
“These new crypto-assets not only allow customers to benefit from a more diverse environment for their investments but also gives them the opportunity to participate in cutting-edge web3 projects,” said Ms Ami Nagata, CEO of bitFlyer Europe.
“With a firm foundation in Japan and a strong regional presence in Luxembourg, bitFlyer serves a large loyal customer base that reflects its global reach. bitFlyer is truly glocal,” added Mr Yuzo Kano, founder and CEO of the bitFlyer Group.
How to Create an Account: If you are not already using our market
If you are not already using our market leading services, you can create an account and start your crypto journey with bitFlyer today. Visit our website or download the bitFlyer App on iOS and Android.
The post Join us in our 10th-anniversary celebrations – special campaigns every week! appeared first on HIPTHER Alerts.
Blockchain Press Releases
Crypto Derivatives Market Rebounds Amid Positive Sentiment, Bybit x Block Scholes Report Finds
DUBAI, UAE, Sept. 27, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Block Scholes, a renowned quantitative finance firm, has released its latest crypto derivatives analytics report. The report provides a comprehensive analysis of the crypto market’s response to the Federal Reserve’s recent rate cut and highlights key trends in futures, options, and perpetual contracts.
Following the 50 basis point rate cut on September 18, 2024, both spot and derivatives markets have exhibited positive sentiment. Bitcoin (BTC) and Ethereum (ETH) have seen price increases, while open interest in futures and perpetual swaps remains high. Funding rates have generally been positive, and BTC call open interest has gradually risen. Additionally, the volatility smile has expanded for both BTC and ETH calls, indicating increased investor optimism.
Key Findings from the Report:
- Futures Market: While futures trade volumes have declined, open interest remains resilient, suggesting traders are maintaining their positions.
- Perpetual Swaps: Perpetual swap open interest and trading volumes have remained relatively stable, indicating consistent trader activity.
- Options Market: BTC options activity has favored puts over calls, but open interest for calls is slowly recovering. Implied volatility for short-tenor options has fallen since the Fed’s rate cut, indicating growing bullish sentiment.
Bybit remains committed to providing its users with comprehensive market analysis and tools to help them make informed trading decisions.
For more information and to download the full report, please visit: https://learn.bybit.com/crypto-insights/bybit-x-block-scholescrypto-derivatives-analytics-report-sep-25-2024/
#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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DUBAI, UAE, Sept. 27, 2024 /PRNewswire/ — Bybit, the world’s second-largest crypto exchange by trading volume, is excited to invite users in Argentina to unlock early-bird access to the physical Bybit Card. As part of its ongoing efforts to reach more retail consumers and investors, Bybit reaffirms its commitment to becoming the go-to crypto destination in South America’s second-largest economy by GDP.
Building on the resounding success of its virtual card launch in July, the issuer is seeking to benefit more users with the introduction of the physical, Bybit-branded Mastercard debit card. Eligible applicants will be among the first to get hold of the card before it becomes available to the general public in Argentina.
During the pre-registration period, the physical card will be issued free of charge for a limited time only. The new offer echoes the success of the virtual card, with over 75% of Bybit’s Argentinian users rushing to apply within the first two months. Users who have yet to sign up may apply for the virtual Bybit Card for a chance to enjoy 30,000 ARS in cashbacks for the first 100 USDT deposit.
“While consumers are no longer tied to traditional brick-and-mortar banks, we recognize many users’ preference for a physical card for the additional peace of mind. We are doing our best to meet the popular demands of our Argentinian community by offering better, faster, and more secure everyday solutions to help them off-ramp crypto assets, one step at a time,” said Joan Han, Sales and Marketing Director of Bybit.
The Bybit Card is available in select markets and has quickly become a preferred solution for users looking to safely expend their digital assets, including BTC, ETH, USDT, TON, and other tokens. It provides reliable and instant access to crypto, eliminating the hassle of complex on- and off-ramp processes. With just a swipe, Bybit Card holders can make payments and purchases at over 90 million merchants worldwide through the Mastercard network. The Bybit Card also comes loaded with benefits, regular and special rewards, with no annual fees or hidden charges.
Apply now to get ahead of the curve. Terms and conditions apply.
#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/pre-registration-open-for-physical-bybit-card-in-argentina-302261004.html
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