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Blockchain

Apex Makes History with the Advent of Zero-Gas Blockchain

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Toronto, Ontario–(Newsfile Corp. – October 24, 2022) – Apex is a community-run platform powered by the native coin Omnia ($OMNIA), hosting decentralized applications in a gas-free environment. Recently, it has launched a Zero – Gas Blockchain.

Apex is a blockchain developed by OmniaVerse. In the recent expansion, the company has developed and introduced a zero-gas network into the blockchain industry. It comes with features like scalable speeds, industry security, and provides suitable breeding grounds for entrepreneurs looking to build a web3 company.

The projects hosted on the Apex network have executed its services and now they are having the results of it. The first company to launch on Apex was the all-in-one platform Sphynx Labs, which has achieved a significant percent of increase in market cap since launch.

In addition, the second project to launch on the Apex chain is the innovation platform “From Unknown to Infinity” (Xto8). Xto8 held their presale on October 10th, which sold out in 45 minutes, raising a total of USD 125k.

Apex blockchain is providing the uptime, horizontal and vertical scalability, and enterprise-grade security. One of the exciting features discussed throughout the web3 sector is the ZERO-GAS fee. Any transaction on Apex, whether it be a wallet-to-wallet transfer, trading on a DEX, or playing one of their newly released games, has zero gas fees. One of the Apex project leaders’ states their new development,

“It’s features like this that open the door for a new wave of innovation to permanently disrupt web3.”

Consequently, the team is taking a different approach to increase utility and security on Apex through project vetting and onboarding. The team at Apex wants to maintain quality standards on their blockchain, so they have implemented an application and review process before project onboarding. Their goal is to onboard unique projects that provide real utility and, at the same time, create a safe and secure environment for users.

About Sphynx Labs

Sphynx Labs is a platform in innovative web3 technology, providing a comprehensive all-in-one crypto platform. Apex and Sphynx Labs have recently entered into a strategic partnership agreement, and Sphynx will serve as the official DEX (Decentralized Exchange) for the Apex Blockchain.

About From Unknown to Infinity

Xto8 is a unique platform where anyone can share an idea and use the community-driven platform to discuss, brainstorm, and build a product/service. With Xto8, you can share an idea, create a team, and find professionals, users, investors, and supporters.

About Apex Blockchain

It has built its custom blockchain from the ground up to provide the best possible experience for its users. Apex will host the OmniaVerse ecosystem and is the ideal blockchain solution for other developers to launch their projects.

Apex is here to serve if potential blockchain technology users are looking to launch a project. Find out more on how to start your blockchain journey today at https://theapexchain.org/. Visit the following links for further information:

Website | Twitter | Telegram | Sphynx Lab | Xto8

Media Details:

Contact Person: Apex Marketing

Email: [email protected]

Country: Canada

Target Country: USA

Website url: https://theapexchain.org/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/141552

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

39% of Canada’s institutional investors have exposure to crypto: KPMG

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39%-of-canada’s-institutional-investors-have-exposure-to-crypto:-kpmg

According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.

The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.

KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.

Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.

Source: cointelegraph.com

The post 39% of Canada’s institutional investors have exposure to crypto: KPMG appeared first on HIPTHER Alerts.

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Blockchain

BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests

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bouncebit-(bb)-megadrop-now-open:-participate-by-subscribing-to-bnb-locked-products-or-completing-web3-quests

The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.

Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.

Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.

Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.

Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.

Source: blockchain.news

The post BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests appeared first on HIPTHER Alerts.

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Blockchain

Cronos collaborates with KYVE to revolutionize Blockchain Data

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Cronos, a prominent blockchain platform, has announced a collaboration with KYVE aimed at revolutionizing blockchain data, as reported by CryptoNewsZ. This partnership represents a significant step forward in enhancing the efficiency and scalability of blockchain data storage and retrieval.

The collaboration between Cronos and KYVE seeks to leverage KYVE’s decentralized data storage and retrieval solution to enhance the capabilities of the Cronos blockchain platform. By integrating KYVE’s technology, Cronos aims to address the challenges associated with storing and accessing large volumes of data on the blockchain, such as scalability and cost-effectiveness.

KYVE’s decentralized data storage solution utilizes a network of distributed nodes to store and retrieve data, ensuring high availability and reliability. This approach not only improves the efficiency of data storage and retrieval but also enhances the security and resilience of the blockchain network.

The partnership between Cronos and KYVE is expected to unlock new possibilities for decentralized applications (dApps) and smart contracts built on the Cronos platform. By providing a more efficient and scalable solution for blockchain data management, Cronos aims to attract developers and enterprises seeking to leverage blockchain technology for a wide range of applications.

Overall, the collaboration between Cronos and KYVE represents a significant development in the blockchain industry, highlighting the importance of innovation and collaboration in driving the evolution of decentralized technologies. As the partnership progresses, it is poised to deliver transformative benefits for blockchain data management and accelerate the adoption of decentralized applications and services.

Source: cryptonewsz.com

The post Cronos collaborates with KYVE to revolutionize Blockchain Data appeared first on HIPTHER Alerts.

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