Blockchain
Bitrue to List Gaming Rewards Token $RUBY on 15/03
Christchurch, New Zealand–(Newsfile Corp. – March 15, 2022) – The $RUBY token will officially list on Bitrue on 15/03 at 11AM UTC. The platform and its suite of play to earn crypto games is set to officially go to market, with the token surpassing the required vote threshold on BTR voting. The pairing to go live when trading commences is RUBY/USDT.
Prior to the Bitrue listing, the Ruby Vault also went live, allowing private sale investors the ability to redeem their tokens as per the relevant vesting schedules. The Ruby Play Network, a Binance Chain Fund recipient, is looking to complete the final phases of its tokenization with hardcaps on all funding rounds reached – and some oversubscribed.
RUBY/USDT to list on Bitrue after vote success
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IDOs Filled in 20 Hours, Bitrue Vote In 12
The manifestation of excitement that seems to have exhumed within the Ruby Play Network has been palpable over the last week, with a few ambitious milestones hit within quick succession.
The BTR vote amassed over 5 million votes in 12 hours, as participants gave a strong vote of confidence at the opportunity to earn a part of the 1,000,000 $RUBY pool up for grabs, and for the $RUBY token to subsequently list on Bitrue Exchange.
IDO phases on ACY Finance and ApeSwap were both filled inside their allotted 24 hour run-times, with both $100k USDT and 500 WBNB hardcaps achieved successfully.
The upcoming listing and those thereafter will see $RUBY traded for the first time for most, coming subsequent to the completion of filled seed, strategic, private, Play List and IDO rounds. The platform has seen exponential growth during this time, amassing over 130,000 users with over 80,000 wallet registrations
Private Sale Token Distribution Goes Live On Ruby Vault
The private sale rounds that were predecessor to the IDOs are now being fulfilled, with $RUBY tokens redeemable via the Ruby Vault platform. Users can connect their wallets and withdraw $RUBY in line with monthly linear vesting schedules.
The vault features a claim and transfer option for users to carry out transactions, plus OTC quotes provided by market maker Yellow.org – a strategic partner of the Ruby Play Network – providing support for sale orders. In addition to the vault and OTC functionalities, the portal also features a staking option within the same user interface, allowing users to both redeem and stake $RUBY on XPortal. The portal comes complete with a vault tutorial video, narrated by Chief Growth Officer, Rob Carroll.
$RUBY Listing Continues
After the aforementioned listing on Bitrue, the $RUBY token will then see liquidity added on PancakeSwap V2, with a listing on Coinsbit to follow suit. The end of March will see $RUBY listed on a variety of other exchanges including Whitebit and Gate.io, via the gate labs startup proposition.
Updates on the Ruby Play Network are found on Telegram, Discord and Twitter.
Twitter: https://twitter.com/RubyPlayNetwork
Telegram: https://t.me/RPNDiscuss_Public
Discord: https://discord.com/invite/dr3tntuwNh
Media contact
Liam Quinlan-Stamp
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/116823
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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