Tag Archives: Press Release

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[PRESS RELEASE – Zug, Switzerland, October 4th, 2023] MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, has announced a significant investment in The Open Network, the largest layer-1 investment the firm has ever made. This investment works alongside a strategic partnership with The Open Network (TON) Foundation. This symbiotic partnership represents the shared vision of both companies in promoting global Web3 accessibility by lowering the barriers to...

[PRESS RELEASE – London, United Kingdom, October 3rd, 2023] Metacade, the world’s first community-led gaming platform, has confirmed a collaboration with Polygon Labs, focused on driving user acquisition, testing and the adoption of 100’s of new games and customers on the Polygon protocols. The move opens up the brand to a significant global audience of gamers on the biggest gaming blockchain to add to the already vibrant community of gaming enthusiasts on Metacade....

[PRESS RELEASE – Saint Vincent, the Grenadines, October 3rd, 2023] The leading crypto derivatives DEX, ApeX Protocol, has launched the ApeX Bot, marking a significant milestone as the inaugural L2 DEX Telegram (TG) bot catering to derivatives trading within a decentralized framework. Its standout feature is its utilization of the revolutionary Bot Key solution, developed in-house by the ApeX team. This cutting-edge technology serves as a robust defense mechanism, mitigating...

In an exciting twist of events, Tether, the highly-regarded stablecoin company, has disclosed its plan to collaborate with a third-party exchange to facilitate a major chain swap. Tether is transferring an enormous sum of 750 million USDT from Tron TRC 20 to Ethereum ERC20. This mega-switch doesn’t affect the total supply of USDT, ensuring the smooth transition of assets, as stated by the firm. The concept of chain swapping essentially refers to the transfer of...

[PRESS RELEASE – Miami, Florida, September 28th, 2023] Supra has raised over $24m in private investment rounds. Supra has received investment from several multi-billion dollar prominent VCs including: Animoca, Coinbase Ventures, HashKey, Prosus Ventures, Razer, United Overseas Bank Venture Management, Valor Equity Partners, among many more. Supra is developing an innovative cross-chain oracle and “bridgeless” communication network that aims to achieve sub-2 second finality...

[PRESS RELEASE – London, England, September 28th, 2023] Decentralized ledger platform Radix Publishing has celebrated the successful completion of its long-anticipated Babylon mainnet upgrade. The Babylon upgrade represents the end of the Olympia era and has been hailed by Radix as a game-changing moment for Web3 and the wider DeFi space. The Babylon mainnet upgrade has been described as a “substantial update” to the Radix Network mainnet, enabling the deployment of...

[Press Release – London, United Kingdom, September 27th, 2023] In the ever-evolving world of cryptocurrency and online gambling, CryptoCasinos.Casino emerges as a game-changer, providing a comprehensive platform for crypto casino enthusiasts to make informed decisions. The team is thrilled to announce the launch of CryptoCasinos.Casino, a website dedicated to reviewing and comparing the best crypto casinos in the market. Cryptocurrency has disrupted traditional finance, and...

A remarkable transformation is underway at 1xBit, the crypto betting platform now integrated with Algorand and Arbitrum, avant-garde deposit methods poised to redefine users’ transactional experience. A Glimpse into Algorand’s and Arbitrum’s Marvels A paragon of efficiency, Algorand successfully solves the so called blockchain trilemma: it ensures full participation, protection, and speed within a truly decentralized network which is very beneficial to crypto...

[PRESS RELEASE – Please Read Disclaimer] 1xBit has always made giant strides towards staying ahead of the game, and its new addition of two payment methods – Arbritrum and Algorand – is enough proof of that fact. Let’s have a deeper look into the advantages of each of the payment methods to lend credence to the importance of adding them to the fleet of available payment methods on 1xBit. Benefits of Arbitrium Here are a few pros of Arbitrum that should make you consider using...