Press Releases News TheBitTimes.com

Zug, Switzerland, August 4th, 2023, Chainwire D8X's pre-seed round features Polygon Ventures, Axelar Network, Swissborg Ventures and others    D8X , an institutional-grade decentralized exchange (DEX) for derivatives on Polygon zkEVM, announced a $1.5 million pre-seed round with support from Polygon Ventures and other notable investors. The capital will help D8X launch a decentralized derivatives trading platform in the second half of 2023 that provides a white-labeling solution to trading partners seeking access to powerful derivatives products.  The pre-seed round for D8X includes additional participation from Axelar Network, Swissborg Ventures, Cogitent Ventures, Veris Ventures, G1 Ventures, Pragma Ventures, CryptoDiscover and others. “DeFi is reshaping the future of finance. Projects like D8X are building the infrastructure that will help legacy finance to leap into web3,” said Polygon Co-Founder Sandeep Nailwal. Bridging CeFi to DeFi D8X's founders bet on centralized playe

In the rapidly evolving landscape of the financial industry, decentralized finance (DeFi) has emerged as a groundbreaking concept. DeFi leverages blockchain technology to provide an open, transparent, and inclusive financial ecosystem. One of the prominent projects making strides in this domain is Civic (CVC), a blockchain-based identity verification platform. This article delves into the intersection of Civic and DeFi, exploring the synergies, opportunities, and benefits they offer to individuals and businesses. There are a number of trading platforms in the market, but systems such as Quantum BitQZ are made differently. Try out now! Understanding Civic (CVC) In the rapidly evolving landscape of the financial industry, decentralized finance (DeFi) has emerged as a groundbreaking concept. DeFi leverages blockchain technology to provide an open, transparent, and inclusive financial ecosystem. One of the prominent projects making strides in this domain is Civic (CVC), a decentralize

Since the COVID-19 pandemic lockdowns in 2020, schools and learning institutions have had to rethink their education strategies as they disrupted everyday learning. According to UNESCO , more than 1.6 billion students were affected during the pandemic, representing over 90% of learners worldwide. These changes in educational activities affected the expectations of students and teachers, bringing to life a new age of digital transformation in the education sector.  Founded in 2015, TinyTap , an app that allows users to create their own educational games, has been the standout innovation in the sector during the post-pandemic period. The platform leverages Web 3 technology to help educators own their content and earn royalties while creating a global community of learners who can share, connect, and learn from interactive and exciting personalized learning activities, games, and quizzes.  We spoke to some of the professors, educators and parents on TinyTap to understand why the pla

Abu Dhabi, UAE, August 9th, 2023, Chainwire Venom Foundation, a leader in blockchain technology adoption in regulated markets, is thrilled to announce the signing of a momentous Memorandum of Understanding (MOU) with the UAE Government to develop and implement the National Carbon Credit System. This landmark partnership represents a significant step towards leveraging blockchain technology to address environmental challenges and promote sustainability on a national scale. This revolutionary collaboration underscores the UAE's unwavering commitment to bolstering transparency, reliability, and efficiency in carbon emission management, while using the next generation blockchain technology of Venom and in doing so, propelling the nation towards its ambitious climate targets of 40% reduction in carbon emissions by 2030. The Venom blockchain itself is carbon neutral. The Memorandum of Understanding (MoU) signed between the Ministry of Climate Change and Environment (MCCE), the Industrial

In the rapidly evolving world of non-fungible tokens (NFTs), promoting and marketing these unique digital assets is a challenge that requires innovative strategies. With the rise of digital art and collectibles, NFTs have become a symbol of ownership and uniqueness in the digital realm. Instagram, with its visual-centric platform, has emerged as a powerful tool for NFT promotion, offering a space where artists, collectors, and enthusiasts can connect and engage. The fusion of art and technology in NFTs demands a marketing approach that is both creative and data-driven. Instagram's rich visual interface, combined with its extensive user base, makes it an ideal platform for showcasing and promoting NFTs. This article explores algorithm-friendly strategies to promote NFTs on Instagram, ensuring that your digital art reaches the right audience. From leveraging hashtags and influencers to understanding the nuances of the Instagram algorithm, these strategies aim to unlock the pot

Singapore, Singapore, August 15th, 2023, Chainwire Crypto Exchange Huobi announced that the 7th round of Huobi's PrimeVote event is finished. In this round, a total of 12 projects competed for the listing, accumulating 226,040,064 votes in the form of "Rockets". After two rounds of intense voting, MinePlex (XFI) emerged as the winner, garnering a total of 208,172,999 "Rockets". XFI will soon get listed on Huobi for trading. In the final round of voting, XFI secured the win by amassing 208,172,999 "Rockets". XDAO secured the second position with 11,355,497 "Rockets" while AD and INS captured the third and fourth positions with 4,130,180 "Rockets" and 2,381,388 "Rockets" respectively. Huobi's official data reveals that participants casted a total of 226,040,064 "Rockets" with 5,176 individuals taking part. Notably, the "Rockets" used for voting witnessed a substantial 78% upswing compared to the previ

DeFi’s antivirus tool released on the zkSync Era blockchain protects users against common malicious crypto exploits, such as phishing, smart contract vulnerabilities, blind signing, and more. Let us explore the challenges and approaches made by Monero (XMR), Big Eyes Coin (BIG), and Solana (SOL) to enhance their user protection measures. The groundbreaking new presale of Big Eyes Infinity (BIGINF) is all set to bolster the growing Big Eyes Coin’s secure ecosystem. A quick analysis of this presale promises a staggering 145% CAGR. Implying, the time to act is now. Risks Involved With Solana Monero relies on a blockchain to record transactions. Its features make it unique and also contribute to larger transaction sizes. It faces challenges related to regulatory pressure and scalability. On the other hand, Solana after 5 network outages since its launch also endures many trials related to network stability, limited validator count, hacks, the collapse of FTX, protocols sunsetting, a

London, United Kingdom, August 29th, 2023, Chainwire Socrates is a web3 social media and educational platform based on the Polygon blockchain Following extensive testing, the platform will launch to the public on 12th September 2023 The platform allows anyone to participate in multiple-choice questions and answers, with rewards distributed for interacting The organisation aims to provide a platform offering new levels of discussion, insight and thought across geographical boundaries Socrates , a web3 social media and educational platform based on the Polygon blockchain, has announced their highly-anticipated public launch on 12th September 2023. Following a comprehensive testing phase, Socrates is poised to redefine online interactions by providing a dynamic space for open debate and knowledge sharing. The platform enables users globally to earn rewards by easily creating and answering multiple-choice questions in-app, discussing any topic, from politics and science, to sports and ente

As they say, winter was indeed coming. It arrived, but it did not leave yet. So, what comes next?  Whether you're an experienced investor "buying the dip" and hoping for a price rebound, or a crypto maximalist looking for signs of recovery to offset your setbacks, the question on everyone's mind in the crypto space, from investors to developers, is: when will the crypto winter thaw? Unfortunately, with relatively new assets like cryptocurrencies, it's not easy to give a clear answer.  What is a Crypto Winter? In order to manage the times we are in, we need to understand the conditions. The crypto winter has "chilled" the entire market, including industry pioneers such as Bitcoin and Ethereum, leaving a near-freezing effect on prices compared to previous peaks. As can be seen in the Bear market, digital assets struggle below the higher price levels that they have not been able to hold for a long time, leaving the investor in the grip of gloomy thought

Online security is one of the biggest topics at the moment. It has never been as important as it is in 2023. Cybercrime is rising and is expected to keep doing so. The world of crypto is one area where cybersecurity is particularly important. If you have significant money in your wallet, you obviously need to keep them safe. You can use a safe monero wallet and remember a few things to increase your security. We’ve gathered five simple tips that will optimize your security quickly.  1. Use a trusted platform In the process of choosing your wallet, make sure that you find a platform that’s reliable and trustworthy. The best way to determine if it's a good platform is to look at its reputation. Read the reviews and ask around in your network of friends and colleagues that dabble in crypto. You will be glad you took the time to vet your platform later; believe that. 2. Choose a strong password Every online account that you have should have a strong and unique password. This

Zug, Switzerland, August 21st, 2023, Chainwire Islamic Coin, a Shariah-compliant, ethics-first, digital money that has been featured globally, has announced it is working with Republic Crypto, the web3 advisory group within global digital finance leader, Republic. The collaboration includes white-glove support to promote Islamic Coin's go-to-market strategy, along with advisory services focused on tokenomics, DAO governance, and long-term economic utility value. Republic Crypto will also help engage with potential strategic partners, exchanges, and market makers. Fine-tuning the Islamic Coin value proposition, Republic Crypto advised on creating fair and Shariah-compliant allocation options, distribution, and other mechanisms aimed at adding to the sustainability features in the ecosystem. Separately, Islamic Coin plans to conduct a Reg D public token offering facilitated by OpenDeal Broker on Republic's retail investment platform in September 2023. Upon public launch, Islamic

Benjamin Cowen predicted in a tweet today that ADA may enter into a depression phase in the coming months. According to the analyst, ADA may also drop to 400 satoshis on the ADA/BTC chart. At press time, ADA was changing hands at $0.2591 following a 24-hour drop of 1.62%. The cryptocurrency trader and analyst Benjamin Cowen warned in a tweet today that Cardano (ADA) may enter into a depression phase. To add credence to his bearish outlook, the analyst referenced the altcoin’s price movements leading up to the previous Bitcoin (BTC) halving, revealing that it had bottomed out 2 months prior to the last halving event. Good chance #ADA is about to enter the depression phase. Remember, last cycle, #ADA bottomed only 2 months before the halving. It also spent the second half of 2019 going down (even before the pandemic) pic.twitter.com/SL4CWQPmue — Benjamin Cowen (@intocryptoverse) August 26, 2023 Meanwhile, Cowen also predicted that ADA would dramatically w

Lookonchain revealed in a tweet today that a whale recently purchased 640 billion PEPE tokens. The whale’s purchase took place after the meme coin’s price plummeted due to growing rug pull fears. At press time, PEPE was changing hands at $0.0000008738 following a 24-hour loss of more than 20%. A few hours ago, a Pepe (PEPE) whale used 320 Ethereum (ETH), worth $529,000, to purchase 640 billion PEPE tokens, according to a Twitter post shared earlier today by the on-chain analytics platform, Lookonchain. The post also revealed that the whale purchased the PEPE at an average buying price of $0.000001163. A whale spent 320 $ETH ($529K) to buy 640B $PEPE again 3 hrs ago. The whale also spent 280 $ETH ($507K) to buy 500B $PEPE on June 5 and spent 253 $ETH ($481K) to buy 164B $PEPE on May 6. The average buying price is $0.000001163.https://t.co/9zRGywTADphttps://t.co/EiUQUrHWqc pic.twitter.com/BjReDraBgv — Lookonchain (@lookonchain) August 25, 2023 This transa

A flurry of macro and crypto specific factors are expected to impact his week’s $1.9 billion Bitcoin options expiry. The upcoming $1.9 billion Bitcoin (BTC) monthly options expiry on Aug. 25 is key to defining whether the $26,000 support level will hold. One could pin the recent cryptocurrency market sell-off to the U.S. Securities Exchange Commission decision to delay the spot Bitcoin exchange-traded funds (ETF), but there’s also the macroeconomic perspective. If the U.S. Federal Reserve's efforts to curb inflation work, it's probable that the trend of a stronger U.S. dollar will persist. This was evident as the Dollar Strength Index (DXY), a measure of the dollar against other currencies, reached its highest level in 76 days by August 22. To prevent a potential loss of $380 million due to the monthly BTC options expiry , Bitcoin bulls must ensure Bitcoin's price trades above $27,000 by August 25. Bitcoin bears will benefit from the threat of harsh regulation Cryptocurr

Nvidia has been one of the biggest beneficiaries of the AI boom. The financial numbers released a day ago are a testament to the same. The company registered Q2 revenue of $13.51 billion. This was higher than estimates of $11.19 billion. The company’s EPS stood at $2.70, yet again beating estimates of $2.08. Furthermore, Nvidia expected its Q3 revenue to be around $16 billion, compared to estimates of $12.59 billion. During the trading hours on Wednesday, August 23, NVDA shares rose 3.17%. During the pre-market hours on Thursday, August 24, the price was up 8.13%, and NVDA was seen exchanging hands at $509.45. Several investment banking companies, including Rosenblatt, BofA , JPMorgan , Morgan Stanley , and Deutsche Bank, have raised their NVDA price target range to $560-$1100. $NVDA: Stifel Upgrades to Buy from Hold – PT $600 (from $440)$NVDA: Rosenblatt raises price target to $1,100 from $800 $NVDA: Baird raises price target to $750 from $570 $NVDA: KeyBanc raises price target