Blockchain
Bluesky Digital Assets Corp., Announces Strategic Partnership with WeDig Techsolutions (P) Ltd.
Toronto, Ontario–(Newsfile Corp. – January 12, 2021) – Bluesky Digital Assets Corp., (CSE: BTC) (CSE: BTC.PR.A) (OTC Pink: BTCWF) (“Bluesky” or the “Corporation”) announced today that it has entered into a letter of intent to formalize a strategic working relationship with (“Wedig Techsolutions (P) Ltd.” or “WDT” or “Wedigtech”), a well-established international R&D services provider, in which WDT is to become the primary (“Research and Development” or “R&D”) arm for Bluesky’s advanced software development and applications product related efforts.
Further to Bluesky’s previous calendar year 2020 Press Releases around advanced R&D and software product initiatives for areas like (“Decentralized Finance” or “DeFi”), Stablecoin, and (“Artificial Intelligence” or “AI”) based efforts, Bluesky is expanding its commitment in these areas of focus to better complement Bluesky’s overall business with a diversified portfolio of solutions and offerings in addition to its primary enterprise class active virtual crypto mining deployments.
Mr. Pranay Mathur, Wedigtech Founder & CEO stated: “Over the last ten years we have expanded our portfolio of clients around the globe and adapted to continual technology change by constantly delivering the best of breed software engineering services around the most relevant technologies and frameworks of the time. We strongly believe our partnership with Bluesky will allow both of our firms to develop services and offerings that reflect the evolution of the current Blockchain and Virtual Currency technology landscape.”
Mr. Anthony R. Pearlman, Bluesky COO stated: “From an operational perspective we have focused quite heavily on our crypto mining facilities and our mining assets as the fast paced virtual currency marketplace has justified this prioritization from a revenue return and profitability perspective. While we are currently reaping the rewards of our virtual mining efforts we need to continue to diversify ourselves as a company and expand our portfolio of offerings and this strategic partnership with Wedigtech will better provide a separation of efforts and ensure we accomplish all of our mandates and objectives and position Bluesky as more than just a virtual mining company.”
About WeDig Techsolutions (P) Ltd.
Wedigtech is an offshore technology services provider focused on software application development and specialising in the creation of bespoke IoT, blockchain, AR/VR, and artificial intelligence web and mobile solutions.
For more information please visit www.wedigtech.com
About Bluesky Digital Assets Corp.
Bluesky Digital Assets Corp, is building a high value digital currency enterprise. Bluesky mines digital currencies, such as Bitcoin and Ether, and is developing value-added technology services for the digital currency market, such as digital mining proprietary software. Offering a complete ecosystem of value-creation, Bluesky is targeting reinvesting appropriate portions of its digital currency mining profits back into its operations. A percentage of the profit will be invested in the development of a proprietary Artificial Intelligence (“AI”) based technology. Overall, Bluesky takes an approach that enables the Corporation to scale, and respond to changing conditions, within the still-emerging digital currency industry. The Corporation is poised to capture value in successive phases as this industry continues to scale.
For more information please visit www.blueskydigitalassets.com
For further information please contact:
Mr. Ben Gelfand
CEO & Director
Bluesky Digital Assets Corp.
T: (416) 363-3833
E: [email protected]
Mr. Frank Kordy
Secretary & Director
Bluesky Digital Assets Corp.
T: (647) 466-4037
E: [email protected]
Forward-Looking Statements
Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward- looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/71813
Blockchain
DYOR Labs Unveils Advanced Blockchain-Powered Analytics and Trading Tools
DYOR Labs, a leading decentralized finance (DeFi) research and trading platform, has unveiled a groundbreaking suite of blockchain-powered advanced analytics & trading tools aimed at breaking down barriers for retail & institutional investors.
Under the leadership of former Hollywood actor turned tech entrepreneur and blockchain advocate Ben Kurland, DYOR labs is one of the rare platforms fully integrating blockchain technology across its entire suite of tools. DYOR Labs has quickly solidified its position as a leader in decentralized finance (DeFi) innovation by seamlessly integrating with major blockchain networks, including Base, Ethereum, Polygon, and Solana. These integrations ensure the platform’s scalability, security, and interoperability across the DeFi ecosystem. Within its first month of launch, DYOR Labs has evaluated over 1 million blockchain projects and attracted nearly 50,000 new users, demonstrating its rapid adoption and impact.
Strategic partnerships with industry leaders such as Alchemy, Debridge, UNCX, Solidproof, and Moralis have laid a strong foundation for the platform’s continued growth. Financial backing from renowned investors like Ghaff Capital, IBC, and OZARU further validates DYOR Labs’ credibility. Additionally, endorsements from over 75 influential figures—including Altcoin Daily, Crypto Banter, Mario Nawfal, Carl from the Moon, and Crypto Lark—have amplified its reach, reinforcing its role as a transformative force in DeFi.
This positions it as a leader in fostering transparency and trust in a market often plagued by complexity and lack of accountability. By combining cutting-edge analytics, real-time data, and robust customization features, DYOR labs is redefining how traders, developers and investors engage with the blockchain ecosystem.
Speaking on the platform’s growth, Ben Kurland, CEO of DYOR Labs, said, “Crypto tools shouldn’t feel like they require a PhD to use or trust, At DYOR, we’ve created a platform so intuitive it feels like second nature—whether you’re a trader looking for your edge or a project team trying to scale professionally. It’s time for Web3 to offer the same world-class usability that Web2 has delivered for decades.”
He further added, “Our mission is to simplify DeFi while addressing its biggest challenges. Traders deserve a seamless, user-first platform, and project teams need professional-grade tools to run their tokens and businesses effectively. DYOR Labs is here to bridge that gap, empowering the entire crypto community to thrive.”
Key platform features include:
Offering a cutting-edge suite of features designed to empower both traders and developers in the decentralized finance space, DYOR users gain real-time advanced insights with instant access to comprehensive token data and market activity. The platform’s unparalleled trading tools deliver unmatched speed and cost efficiency, whilst customizable dashboards allow users of all experience levels to personalize workflows with saved presets, multi-chart tabs, and tailored features. For developers, the Team Dashboards provide a powerful solution to create and edit project pages, showcase metrics, and build community trust through transparency. With fiat on/off ramp integration, cross-chain swaps, and a native DEX and aggregator, DYOR Labs ensures seamless trading across blockchains, delivering the fastest and most cost-effective transactions in DeFi.
What’s Next?
DYOR Labs continues to innovate, with upcoming features that include AI-Powered Insights, Missions and Quests to gamify user engagement, the first ever onchain ad auctions, enhanced team dashboards for token project management, live social media feeds integrated directly into token pages and cross-chain swaps, putting the platform at the forefront of DeFi innovation, creating a seamless and transparent ecosystem for users and developers alike.
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Blockchain
Former MD of SUI Foundation, Greg Siourounis, Joins xMoney Global as Co-Founder and CEO to build MiCA-Regulated Stablecoin Platform
xMoney Global, the global, inter-bank and cross crypto/fiat integrated payments platform has appointed award-winning economist Dr. Greg Siourounis as Co-Founder and CEO. The company is a Mastercard principal member, with strategic European licenses, such as e-Money and VASP.
As the digital landscape continues to evolve with the coming MiCA regulation, xMoney Global intends to lead Europe into this new transformative EU regulated stablecoin era. Greg Siourounis will lead the integration of xMoney’s advanced blockchain-enabled payments infrastructure with its upcoming stablecoin program. Stablecoins are a key driver of blockchain adoption in today’s market, now surpassing Bitcoin, remittances, and PayPal in annual transaction volume. As such, xMoney’s Global reputation positions it to bridge Web3 innovation with traditional finance, leading Europe into a new transformative EU regulated stablecoin era.
Dr. Greg, who has played a pioneering role in the growth of Sui Foundation as its former Managing Director and who previously founded Everypay, will drive xMoney Global’s next wave of growth. Beyond the standard reference of his academic work in 2024’s Nobel Prize in Economics, Dr. Greg’s career is also decorated with awards such as the 2005 Young Economist Award from The European Economic Association and the 2008 Austin Robinson Prize from The Royal Economic Society. His immediate target will be to focus on partnerships, regulatory alignment and market expansion, as xMoney Global looks to build a comprehensive payments platform that bridges legacy financial systems with the potential of decentralized finance.
Commenting on his appointment, Dr. Greg Siourounis, CEO of xMoney Global, said, “As Europe prepares to embrace MiCA regulation, xMoney Global is positioned to redefine what compliant, secure, and seamless digital payments can be. Our goal is to deliver a solid and trusted ecosystem that combines the strengths of traditional finance with the flexibility of blockchain technology to create a future-ready payment experience.”
Beniamin Mincu, Co-founder of MultiversX, said, “xMoney Global’s mission aligns perfectly with the vision of MultiversX to bring scalable and secure blockchain solutions to mainstream finance. This appointment marks a significant step toward building a more inclusive and resilient financial system.”
The launch of xMoney Global aims to offer a next-gen blockchain-as-a-service module backed by its native stablecoin, with key white-labeled services including acquiring, issuing, onramps/offramps and a sticky loyalty program, all backed by MultiversX’s state-of-the-art sharding technology. Following the surge in crypto markets after Trump’s pro-crypto Presidential win, xMoney will be ideally placed to accelerate real-world adoption as the easiest way for everyone (consumers, retail and e-commerce) to seamlessly access fiat and crypto currencies in an app, card or payment gateway.
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Blockchain
Bitcoin’s rise and the role of regulation: what is the MiCA’s impact
By Mike Romanenko, CVO and Co-Founder of Kyrrex.
Bitcoin’s recent surge in value has several reasons behind this growth that reflect the broader dynamics of the cryptocurrency market.
Firstly, the global economy plays a huge role. Inflation is still a concern in many parts of the world, and ongoing geopolitical tensions have pushed investors to look for alternatives to traditional assets. Bitcoin, often called “digital gold,” is once again being seen as a hedge against these uncertainties.
The current Bitcoin rally is also influenced by shifting U.S. policy dynamics under Trump’s leadership. Discussions about potentially adopting Bitcoin as a strategic reserve asset for the U.S., along with the appointment of pro-crypto advocates to key regulatory roles, signal a more crypto-friendly environment. Notably, Gary Gensler’s resignation as SEC Chair was followed by significant optimism in the market, with Bitcoin reaching record highs amid speculation about potential successors with more balanced crypto approaches.
Another factor is institutional adoption. We’re seeing more financial giants, including those pursuing Bitcoin ETFs, signaling their confidence in the asset. This kind of backing adds legitimacy to the market and inspires trust among retail investors as well. Bitcoin funds have seen significant inflows recently, with token holdings reaching their highest levels since April 2022. In the past month alone, funds added approximately 22,100 Bitcoin, driven by optimism around Bitcoin ETF approvals and the ongoing rally in the asset. Huge companies like MicroStrategy lead the charge as well. As of November 2024, MicroStrategy holds approximately 331,200 BTC, underscoring their long-term confidence in the asset. Other major players, such as Tesla and Block (formerly Square), also maintain significant Bitcoin holdings on their balance sheets.
Lastly, there’s Bitcoin’s natural rhythm. Its price historically rises in anticipation of the four-year halving cycle, where the reward for mining new blocks is cut in half.
Bitcoin’s growth isn’t just about price increases; it’s about a growing recognition of its role in the financial system. Over time, Bitcoin has proven to be a resilient, decentralized alternative to traditional money. Its success is also a sign of how blockchain technology is pushing innovation in areas like decentralized finance and tokenization.
The role of regulation: connecting Bitcoin’s growth to MiCA
This boom also highlights the importance of clear and fair regulations. Without a solid framework, the market risks instability. That’s where MiCA steps in.
MiCA is a game-changer for the European crypto space. It aims to bring consistency and transparency to the industry, offering much-needed clarity for both companies and investors. This is crucial not just for Bitcoin’s growth but also for the broader adoption of cryptocurrencies.
What’s exciting is that MiCA can help bridge the gap between traditional finance and the crypto world. With clearer rules, more institutional players are likely to join the market, bringing additional credibility to cryptocurrencies like Bitcoin. At the same time, the standardization of regulations across Europe could make the region a global hub for crypto innovation.
Bitcoin’s current boom is a sign of its staying power. But as the market grows, it’s equally important for the industry to evolve responsibly. Regulation, like what MiCA offers, will play a key role in shaping this future by creating a safer and more inclusive environment for everyone.
At Kyrrex, we believe that by balancing innovation with responsible practices, we can help build a financial ecosystem that benefits everyone and contributes to the development of the legal market.
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