Blockchain
Bitget To List Shrapnel (SHRAP), Pioneering Gaming and Crypto Convergence
Bitget, the world’s leading cryptocurrency exchange and web3 company, announces the listing of SHRAP, the native token of the groundbreaking blockchain-enabled first-person shooter (FPS) game, Shrapnel. Bitget stands among the first exchanges to onboard SHRAP and will commence trading of SHRAP on November 8th November 2023, 10 AM (UTC).
Developed by an esteemed team of industry experts with BAFTA and Emmy accolades, Shrapnel spearheads the intersection of gaming and blockchain. It offers a comprehensive suite of player-creation tools that merge combat, creation, curation, and community into an ecosystem governed by its participants. With its listing, Bitget underscores its commitment to unlocking new frontiers in blockchain technology and gaming.
The SHRAP token, central to the Shrapnel platform’s economy, is an ERC-20 token initially minted on the Avalanche C-chain. It’s designed to provide utility and a medium of exchange within the Shrapnel environment. On April 29, 2023, three billion SHRAP tokens were generated, marking a pivotal moment for the platform.
“Bitget’s decision to list SHRAP aligns with our unwavering commitment to embrace innovative projects that are poised to redefine our technological landscape,” said Gracy Chen, Managing Director of Bitget. “By integrating SHRAP into our diverse spot market, we not only support a future where gaming and blockchain converge but also empower our users to shape that future.”
The inclusion of SHRAP is a testament to Bitget’s strategic expansion and its dedication to diversifying investment opportunities for its users. Over the past three quarters of 2023, Bitget has significantly enriched its spot market offerings with over 255 new listings, providing unparalleled access to some of the most sought-after and valuable digital assets in the industry.
Bitget is also dedicated to enhancing its Centralized Exchange (CEX) platform by incorporating progressive Decentralized Finance (DeFi) features. The exchange has integrated a Web3 Wallet and Swap service within its application and Bitget’s new Web3 feature, aspiring to bring together a range of services, including a non-custody wallet, swap, NFT marketplace, and dApp. This strategic move is designed to bridge the innovative offerings of DeFi with the reliability and ease of use found in Centralized Finance (CeFi), providing users with a seamless experience that leverages the strengths of both financial domains.
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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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