Blockchain
Safemoon Competitor Bitrise Has Started Its Exchange Development and Doing Extensive Research on Parachain & Relay Chain
New York, New York–(Newsfile Corp. – November 3, 2021) – To make money in the crypto market, investors must invest in the most valuable. A good coin has the potential of multiplying in value within a very short time. Safemoon is, without a doubt, among the top tokens today. Many people, especially early investors, have made millions of dollars in profits from the Safemoon token.
Bitrise
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But investors need to pay more attention to the Bitrise coin, which is currently one of the toughest Safemoon competitors. A look at the performance of this coin since launching shows that this is a coin to watch. Since Bitrise launched around the end of July, the team has done an incredible job. One thing the team must be commended for is sticking to the roadmap.
Barely a month after the launch of the Bitrise token, Bitrise Audit Solutions was up and running as the first product. The program utilizes cutting-edge AI technology to offer free audits to smart contracts and blockchains to check for the proper functioning and security of these platforms. It has been a game-changer in audits, and hundreds of people have used it so far. Most tokens, including Safemoon, are not offering such a product.
The next product in the line was the Bitrise dApp wallet that enables users to send, receive, store and swap various coins, as well as add BEP20/ERC20 custom tokens. The wallet also supports P2P transactions. The team delivered the wallet as promised in the roadmap.
The mobile app wallet was released on 28th October 2021, and the Beta 2 version is currently available on Google Play Store for Android smartphones. Soon, the wallet will be available on the Apple App Store for iOS smartphones.
Bitrise wallet combines an intuitive interface with powerful functionality to give users a mind-blowing experience. Users can trade, play blockchain games, check prices, and surf charts, as well as accessing the latest DApps platforms without leaving the wallet. The dApp wallet secures digital assets with private keys, mnemonic phrases, password authentication, and more, making it one of the most secure wallets. With Bitrise Wallet, crypto traders will not need Trust Wallet.
The Bitrise team is currently in the process of launching the revenue sharing staking programs, and the staking process is starting at the end of November. All these are moves that have made Bitrise very aggressive towards Safemoon and other coins competitors.
The latest announcement that has taken the coin competitiveness a notch higher is the development of the Bitrise exchange. This is one of the products in the token’s roadmap. Note that Safemoon is also working on an Exchange, but Bitrise exchange will be superior, which will definitely make the token more competitive.
Bitrise exchange will offer lower transaction fees, 2FA/SMS security, which is a very secure verification system, and high-speed transactions. Users will also have access to thousands of tokens because, as mentioned above, the wallet supports multiple blockchains. Bitrise exchange will offer one of the best user experiences upon launching, which will make the token more aggressive towards Safemoon, and other competing coins.
Bitrise exchange will launch in the second last stage as per the roadmap. But this wouldn’t be that long, considering the pace at which the team is getting things done. From the details provided by the team, it is definitely an exchange to watch.
The news coming from the Bitrise team is that they have started extensive research on Relay Chain and Parachains. The news was welcomed by investors as it will be a game-changer in DeFi. Incorporating this blockchain technology in the Bitrise network will make it more powerful than Safemoon and many other competing crypto projects.
Widely used Polkadot network, Relay Chain, and Parachains have been found to improve blockchain networks’ scalability, interoperability, and flexibility. With the parachain model, a network can achieve scalability at Layer-1 rather than the most common Layer-2 solution. Therefore, it is a move that will make the coin more competitive in the crypto market.
There is no doubt that the Bitrise crypto project is something to watch in 2021. Compared in terms of products and tokenomic with most tokens, including Safemoon, Bitrise has proven superior in both.
Media Contact
John K
Email: [email protected]
Website: https://www.bitrisetoken.com
Telegram: https://t.me/bitrisetoken
PR – Cryptoshib.com
Email – [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101849
Blockchain
Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation
Blockchain’s metamorphosis from niche ledger technology to the backbone of Web3 has never been more evident. Today, we cover five stories that illustrate the evolving ecosystem: a gaming platform issuing its own token on Solana; Europe’s marquee Web3 summit; a major bank forecasting a “ChatGPT moment” for blockchain; a Southeast Asian conference aimed at busting crypto myths; and a foundation rebuilding blockchain from the ground up to solve scalability. Each development—whether product launch, industry gathering, macro forecast, educational initiative, or infrastructure innovation—offers a window into the trends shaping decentralized finance, NFTs, DeFi, and beyond.
1. BitNile.com to Launch Nile Coin on Solana
News Summary
Hyperscale Data’s subsidiary BitNile.com will introduce the Nile Coin on Solana starting May 1, 2025. The U.S.–based social gaming site chose Solana for its high throughput and low fees, aiming to enhance in-game economies, reward engagement, and deliver seamless micro-transactions. Details on tokenomics and governance are forthcoming, but management touts Nile Coin as a cornerstone of future gaming experiences.
Source: CoinTrus
Analysis & Commentary
Launching a proprietary token underscores two converging trends: the gamification of finance and finance-ification of gaming. By minting Nile Coin, BitNile.com taps into DeFi mechanics—staking, liquidity pools, NFT rewards—while leveraging Solana’s scalability. Strategically, BitNile.com positions itself for partnerships with NFT marketplaces and DeFi protocols, potentially opening secondary markets for in-game assets and generating new revenue streams beyond ad sales or subscription fees.
2. Dutch Blockchain Week 2025 Gears Up in Amsterdam
News Summary
From May 19–25, Amsterdam will host the sixth annual Dutch Blockchain Week, culminating in the two-day summit (May 21–22) at De Meervaart. Tier 1 exchanges (Bitvavo, Kraken, Coinbase), Web3 pioneers (WOW.ai, Blockrise), regulators (European Commission, De Nederlandsche Bank), and industry partners (Mastercard, Deloitte) will convene. Side events range from AI-powered hackathons tackling compliance to padel networking meetups—underscoring the event’s blend of technology, policy, and community.
Source: Dutch Blockchain Week
Analysis & Commentary
Dutch Blockchain Week typifies the maturation of blockchain conferences into multidisciplinary forums. Beyond token talk and yield farming, panels on regulation, institutional adoption, and security reflect Web3’s integration into mainstream finance. Anticipate announcements on CBDC pilots, DeFi compliance frameworks, and cross-chain interoperability projects that may emerge from the Block & Order Hackathon.
3. Citigroup Predicts Blockchain’s “ChatGPT Moment”
News Summary
In an April 23 report, Citigroup analysts argue that 2025 could be blockchain’s “ChatGPT moment,” driven by regulatory clarity around stablecoins and integration with traditional financial systems. They forecast stablecoin market capitalization ballooning to $1.6 trillion (base case) or as much as $3.7 trillion (bull case) by 2030—anchored by dollar-denominated issuers and collateralized with U.S. Treasuries. Regulatory frameworks like the GENIUS Act could catalyze adoption among banks and fintechs.
Source: Cointelegraph
Analysis & Commentary
Drawing parallels to generative AI’s explosive growth, Citigroup envisions a tipping point where blockchain moves from experimental to essential infrastructure. Successful integration will hinge on robust compliance tools, auditability, and clear governance models. Enterprise blockchain vendors should prepare for surging demand in tokenized payments, on-chain settlements, and embedded DeFi rails within legacy systems.
4. Philippine Blockchain Week 2025 Debunks Crypto Myths
News Summary
Scheduled for June 10–11 at SMX Convention Center Manila, Philippine Blockchain Week (PBW) 2025 will tackle misinformation and spotlight real-world use cases. Highlights include “Crypto, Unpacked” sessions demystifying the technology; “Smart Regulation” panels uniting policymakers and innovators; and “Blockchain for Impact” showcases on remittances, disaster relief, and digital identity. Founding President Donald Lim emphasizes government support and public–private collaboration to spur inclusive growth.
Source: UseTheBitcoin
Analysis & Commentary
PBW exemplifies how emerging markets leverage education to accelerate Web3 adoption responsibly. By engaging regulators early, PBW can shape balanced frameworks that encourage innovation while protecting consumers—an instructive model for markets wrestling with both hype and skepticism.
5. D.O.G.E Foundation Launches New Blockchain, Opens Seed Round
News Summary
The D.O.G.E Foundation announced a ground-up blockchain rebuild designed to solve the scalability and reliability challenges plaguing existing networks. This modular architecture separates validation from execution to enable parallel transaction processing—targeting real-time gaming, DeFi under high load, and AI-driven applications. A seed funding round is now open to investors who share the vision of a performant, decentralized infrastructure.
Source: D.O.G.E Altcoin GlobeNewswire
Analysis & Commentary
As layer-1 congestion and high gas fees persist, new entrants must justify a “why now” with clear architectural advantages. If the D.O.G.E blockchain delivers real-world throughput and maintains decentralization, it could spur a renaissance of high-performance DeFi protocols and NFT platforms hungry for cost-effective base layers.
Conclusion & Key Takeaways
-
Tokenization of Entertainment: BitNile’s Nile Coin on Solana highlights blockchain’s expansion into gaming economies and NFT reward systems.
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Convergence of Tech, Policy & Community: Dutch Blockchain Week showcases Web3’s evolution into an ecosystem engaging regulators, enterprises, and developers under one roof.
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Mainstream Inflection Point: Citigroup’s “ChatGPT moment” thesis suggests blockchain is poised for exponential adoption given regulatory support.
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Education as Catalyst: Philippine Blockchain Week’s myth-busting curriculum underscores the importance of public–private dialogue in emerging markets.
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Infrastructure Innovation: The D.O.G.E Foundation’s modular, high-throughput chain exemplifies the next wave of layer-1 networks addressing real-time, real-world use cases.
Today’s stories convey that blockchain’s next chapter will be written through strategic token launches, global convenings, regulatory clarity, educational outreach, and radical infrastructure redesign. By tracking these threads, industry participants can anticipate opportunities in DeFi, NFTs, Web3 games, and enterprise integration. Stay tuned for tomorrow’s Blocks & Headlines, where we’ll continue to decode the innovations shaping decentralized finance.
The post Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation appeared first on News, Events, Advertising Options.
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