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Blockchain

Coinbase Inspired Project Centcex Skyrocket 3000% on Launch Day

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  • Better security than Coinbase
  • Improved scalability and user experience than Coinbase
  • Better investor rewards than Coinbase

Los Angeles, California–(Newsfile Corp. – November 19, 2021) – Centcex, a Coinbase inspired blockchain-based cryptocurrency exchange, has been launched and registered a skyrocketing growth of 3000%. Centcex was expected to do well after the team announced that it is building the next Coinbase. The team says they are building the next Coinbase, and the project whitepaper and roadmap are very convincing.

Centcex

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As a Coinbase inspired project, Centcex team is building an exchange that will address Coinbase shortcomings. The main Coinbase shortcomings Centcex is going to address are the user scalability and security, which are affecting Coinbase users’ experience.

The promise to build the most scalable and secure exchange than Coinbase is what is attracting prospecting investors to this project. The recent past has seen many security breaches on various exchanges, including Coinbase. Many crypto investors have lost their hard-earned money to these hackings, even at Coinbase, this is why Centcex is eliciting interest.

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The latest hacking at Coinbase occurred at the end of September 2021. Coinbase has been having security issues, but in this one, more than 6,000 Coinbase customers. The attack compromised Coinbase SMS-based authentication and stole investors’ crypto coins.

Centcex says they are eradicating such Coinbase security breaches by building a watertight exchange. The team says the exchange is going to give users better security and privacy features than Coinbase. Unlike Coinbase, Centcex is building an exchange that runs Proof-of-Stake consensus protocol, popularly known as PoS.

The PoS consensus mechanism is going to enable Centcex to address Coinbase security and scalability issues. The proof of Work (PoW) that Coinbase is using is prone to attacks. With the PoS consensus method, the building of new blocks on the blockchain and verification of transactions is done by the validators.

With every transaction being verified by the validators, it is very difficult for hackers to prosecute a transaction. This is how the security of the Centcex will be better than that of Coinbase. Centcex is also addressing Coinbase scalability by using the same PoS protocol. PoS makes it easy and fast to produce blocks on the blockchain, which increases transactions per second, and that’s how Centcex will record higher scaling than Coinbase.

With the scaling and security, Centcex is going to provide a better user experience than Coinbase. In addition to addressing Coinbase shortcomings, Centcex staking is another reason why Centcex has skyrocketed 3000% on the launch day.

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To compete with Coinbase and other exchanges, Centcex is building a platform that is heavily rewarding users. Centcex staking program shares 100% APY of all revenues collected on its ecosystems. Such rewards are attracting more users, including the Coinbase community. Coinbase is not offering staking rewards on its ecosystem.

Centcex is soon announcing a public sale to raise resources to make the next Coinbase a reality. With the team addressing Coinbase shortcomings, Centcex will be a project to watch. Centcex team says it has what it takes to deliver the next Coinbase.

Media Contact

Ashley Henderson
Email – [email protected]
Website: www.centcex.com
Telegram: https://t.me/centcex

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/104377

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Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation

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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.

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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

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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

  1. Tokenization of Entertainment: BitNile’s Nile Coin on Solana highlights blockchain’s expansion into gaming economies and NFT reward systems.

  2. Convergence of Tech, Policy & Community: Dutch Blockchain Week showcases Web3’s evolution into an ecosystem engaging regulators, enterprises, and developers under one roof.

  3. Mainstream Inflection Point: Citigroup’s “ChatGPT moment” thesis suggests blockchain is poised for exponential adoption given regulatory support.

  4. Education as Catalyst: Philippine Blockchain Week’s myth-busting curriculum underscores the importance of public–private dialogue in emerging markets.

  5. 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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Blockchain

Chameleon Finance Launches Green Finance Initiative to Advance Sustainable Digital Asset Infrastructure

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Blockchain

Ov Finance Upgrades Blockchain Infrastructure to Deliver Faster, Safer Digital Asset Trading

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