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ITEMVERSE (ITEM) Is Now Available for Trading on LBank Exchange

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Internet City, Dubai–(Newsfile Corp. – June 10, 2022) – LBank Exchange, a global digital asset trading platform, has listed ITEMVERSE (ITEM) on June 9, 2022. For all users of LBank Exchange, the ITEM/USDT trading pair is now officially available for trading.

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Combining SIEGEANDUNITE’s rich blockchain experience and crypto tokens with Andromeda Games’ success title and attractive new games, ITEMVERSE (ITEM) aims to deliver profitable GameFi that keeps users entertained. Its native token ITEM has been listed on LBank Exchange at 18:00 (UTC+8) on June 9, 2022, to further expand its global reach and help it achieve its vision.

Introducing ITEMVERSE

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To solve the problems facing the digital content industry such as high platform fees, lack of digital asset sovereignty, huge advertising and marketing costs, etc., ITEMVERSE is created as a solution that combines SIEGEANDUNITE’s rich blockchain experience and crypto tokens with Andromeda Games’ success title and attractive new games, delivering profitable GameFi that keeps user entertained.

ITEMVERSE is developing its own NFT market, Play-to-Earn (P2E) games, DEX, NFT soft wallet and hard wallet, and will maintain game ecosystem by continuously updating games for 2 years. There will be various mixes of games including RPGs, sports, etc., and ITEMVERSE will add games through DAO proposals and votes in the future. With separate coins for each game and various NFT item updates, ITEMVERSE continues to provide users with profit-seeking opportunities in addition to the fun of the game.

The team of ITEMVERSE is building a GameFi ecosystem with production staff who have been making games for more than 20 years and coin experts who have created communities since the beginning of the blockchain, and it will provide games, markets, and services that will make big profits by discovering game models that can make profits through tokens and NFTs.

About ITEM Token

ITEM is the main native token of ITEMVERSE, used for direct investment in GameFi, NFT purchases and transactions. It can also be used for governance such as DAO proposes and votes on platform development and direction. Users can participate in staking and yield farming to earn interest.

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Based on BEP-20, ITEM has a total supply of 5 billion (i.e. 5,000,000,000) tokens, of which 10% is provided for private sale, 2% is provided for public sale, 18% is provided for P2E, 20% is provided for staking and yield farming, 30% is allocated to the team and advisor, 5% will be used for marketing, and the rest 15% is reserved by foundation for further activities in the future, including communities, development and marketing.

The ITEM token has been listed on LBank Exchange at 28:00 (UTC+8) on June 9, 2022, investors who are interested in ITEMVERSE investment can easily buy and sell it on LBank Exchange right now. The listing of ITEM token on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

Learn More about ITEM Token:

Official Website: https://itemverse.io/en_index.php
Twitter: https://www.twitter.com/itemverse_game
Medium: https://medium.com/@itemVerseOfficial/

About LBank Exchange

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LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 7 million users from now more than 210 regions around the world.

Start Trading Now: lbank.info

Community & Social Media:

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l Instagram
l YouTube

Contact Details:

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LBK Blockchain Co. Limited
LBank Exchange
[email protected]
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/127104

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Mercurity Fintech’s Chaince Securities Appointed as Strategic Advisor for Classover’s Solana-Focused Treasury Strategy

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QR Codes Payments Present a $67 Billion Global Market Opportunity by 2034 – PayPal, Square (Block), UnionPay International Co., Visa, and Mastercard Lead the Competition

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QR Codes Payment Market

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Blocks & Headlines: Today in Blockchain – April 30, 2025

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Today’s blockchain ecosystem is defined by soaring ambitions, regulatory crosswinds, and an ever-evolving tapestry of decentralized applications. In this edition of Blocks & Headlines: Today in Blockchain – April 30, 2025, we cover five pivotal developments shaping Web3’s next chapter:

  1. Telegram’s TON Factory Launch – A breakthrough in on-chain scalability.

  2. EU Data-Protection Ruling Threatens Full Blockchain Histories – The fight between GDPR and immutability.

  3. One Championship MMA Game Debuts on Sui – A major Web3 foray into mobile gaming.

  4. U.S. Senate Eyes New Blockchain Act – Bipartisan push to regulate digital assets.

  5. DMG Blockchain’s AI Data-Center Investment – Convergence of crypto mining and AI infrastructure.

Below, we deliver concise yet detailed analyses of each story, infused with expert commentary on their strategic significance. Read on to understand how these trends will influence protocol adoption, developer incentives, regulatory frameworks, and the future of decentralized networks.


1. Telegram’s TON Factory Boosts On-Chain Scalability

What happened:

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Telegram’s Open Network (TON) team officially unveiled TON Factory, a novel toolkit designed to streamline the deployment and scaling of decentralized applications. Built atop TON’s sharded architecture, TON Factory enables developers to spin up isolated “factories”—subnets that can host smart contracts, NFTs, and DeFi modules—while sharing security guarantees with the main chain. According to the announcement, early tests show that each factory can process up to 15,000 transactions per second (TPS) in isolation, with near-instant finality.

Why it matters:

Scalability remains blockchain’s Achilles’ heel. TON Factory’s factory-of-subnets approach promises to lower the barrier to entry for high-throughput dApps—everything from micro-payment systems to real-time gaming. By offering elastic compute and fee-optimization mechanisms, Telegram aims to undercut legacy Layer-1 networks and attract a new generation of builders.

Opinion & Implications:

  • Developer Experience: Abstractions like preconfigured factories could accelerate time-to-market for teams lacking deep consensus expertise.

  • Network Effects: If TON’s UX outpaces rivals (e.g., Ethereum’s zk-rollups or Solana’s Turbine), we may see a migration of liquidity and talent.

  • Security Trade-Offs: Isolating factories can mitigate cross-dApp failures, but adds complexity to transaction routing and dispute resolution. Audits will be essential to validate this novel model.

Source: Cointelegraph – Telegram TON Factory Launch

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2. EU Regulators Propose Deleting Entire Blockchains for GDPR

What happened:

European data-protection authorities have floated a radical interpretation of GDPR: the “right to erasure” could extend to purging entire on-chain histories containing personal data. Under this view, controllers operating within the EU must either anonymize linked data or entirely delete chain segments—potentially forcing chains to implement selective pruning or permissions.

Why it matters:

Blockchain’s immutability ethos directly clashes with GDPR’s erasure mandate. If regulators enforce selective deletion, networks may need to retrofit privacy-preserving layers (e.g., zero-knowledge proofs, chameleon hashes) or risk noncompliance fines up to 4% of global turnover.

Opinion & Implications:

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  • Protocol Evolution: Expect a surge in privacy-by-design protocols that segregate PII off-chain while anchoring proofs on-chain.

  • Jurisdictional Fragmentation: Projects may geo-fence EU users or spawn EU-compliant forks—fracturing unified global ledgers.

  • Commercial Impact: Exchanges and custodians face urgent deadlines to audit on-chain data holdings and deploy erasure tools—or face hefty penalties.

Source: Daily Hodl – EU Blockchain Erasure


3. One Championship’s MMA Game Launches on Sui for iOS/Android

What happened:

One Championship, Asia’s premier martial-arts league, has partnered with Mysten Labs to release “ONE Fight Manager”—a play-to-earn mobile title powered by the Sui blockchain. Available now on iOS and Android, the game lets users train NFT fighters, compete in PvP leagues, and earn SUI tokens through ranked matches. Mysten Labs touts sub-two-second transaction finality and near-zero gas fees, enabling seamless gameplay even for on-chain microtransactions.

Why it matters:

Gaming remains the killer app for mass blockchain adoption. By leveraging Sui’s Move VM and object-centric model, ONE Fight Manager addresses two critical pain points: UX friction and cost barriers. Real-time, feeless interactions are vital to onboard traditional gamers accustomed to instant feedback loops.

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Opinion & Implications:

  • User Acquisition: High-profile IP like One Championship can drive millions of installs—and funnel new users into the broader Sui ecosystem.

  • Economics & Tokenomics: Careful tuning of token emission and NFT scarcity will determine whether the game sustains long-term engagement or succumbs to “play-to-earn” collapse.

  • Cross-Chain Synergy: Success here may inspire similar partnerships on Aptos, Ethereum, or emerging Layer-1s, intensifying competition for flagship gaming titles.

Source: Decrypt – ONE Championship Sui Game


4. Ohio Senator Leads Push for U.S. Blockchain Act

What happened:

Senator J.D. Kerns (R-OH) has introduced the Blockchain Innovation and Consumer Protection Act, aiming to create a federal framework for digital-asset oversight. Key provisions include:

  • Defined Classifications: Differentiating between payment tokens, security tokens, and utility tokens.

  • Licensing Regime: Establishing a “Digital Asset Services Commission” to grant interstate licenses for exchanges and custodians.

  • Consumer Safeguards: Mandatory proof of reserves, clear disclosure requirements, and dispute-resolution protocols.

Why it matters:

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After years of fragmented state laws and agency turf wars, this Act represents Congress’s first cohesive effort to legislate blockchain. By preempting state-level divergence, it could streamline compliance for businesses—provided it balances innovation with investor protection.

Opinion & Implications:

  • Regulatory Clarity: Clear definitions can foster institutional entry, reducing legal ambiguity that stifles corporate treasuries from adopting crypto.

  • Unintended Consequences: Overly stringent licensing could entrench incumbents and erect high barriers for startups.

  • Global Competitiveness: U.S. leadership in blockchain law may influence other jurisdictions—critical as Asia and Europe race to craft their own regulatory regimes.

Source: The Street – Blockchain Act Proposal


5. DMG Blockchain Solutions Invests in 2MW of AI Data-Center Gear

What happened:

DMG Blockchain Solutions Inc. has announced the acquisition of two megawatts of high-density GPU infrastructure, repurposed for both crypto-mining and AI-model training workloads. Housed in a new Quebec data center, the multi-use clusters will dynamically allocate capacity between proof-of-work operations and commercial AI clients—leveraging off-peak pricing to optimize ROI.

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Why it matters:

The convergence of crypto-mining and AI training infrastructure underscores growing synergies between two of the most compute-hungry industries. By offering GPUs for rent during mining downtimes, DMG anticipates 30% higher utilization rates compared to mono-purpose facilities.

Opinion & Implications:

  • Revenue Diversification: Dual-use data centers can hedge against crypto price swings and tap into booming AI-as-a-service demand.

  • Energy Efficiency: High-efficiency GPUs paired with Quebec’s hydroelectric power may set new benchmarks for sustainable compute.

  • Competitive Landscape: Other mining operators may follow suit, catalyzing a wave of AI-crypto hybrid hosting providers.

Source: GlobeNewswire – DMG AI Infrastructure Purchase


Conclusion

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April 30, 2025, illuminated blockchain’s boundless dynamism: scalability breakthroughs at Telegram’s TON Factory; privacy versus immutability in the EU’s GDPR debate; mass-market gaming on Sui; legislative clarity from Capitol Hill; and the AI-crypto infrastructure nexus in Quebec. These stories reveal an industry simultaneously innovating at the protocol layer, grappling with regulation, and exploring cross-sector partnerships. For developers, investors, and policymakers alike, the imperative is clear: build resilient architectures that anticipate regulatory shifts, prioritize user experience, and harness synergies across emerging technologies. Stay tuned to Blocks & Headlines tomorrow for your next daily briefing on the pulse of blockchain’s evolving frontier.

The post Blocks & Headlines: Today in Blockchain – April 30, 2025 appeared first on News, Events, Advertising Options.

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