Tag Archives: Press Release

[PRESS RELEASE – Palo Alto, California, March 1st, 2024] Using OpenRank, developers and web3 companies can build consumer apps where people can discover, use, fund, read, or buy something on-chain without worrying about getting spammed or scammed. Karma3 Labs has raised $4.5M in seed funding led by Galaxy and IDEO CoLab Ventures to build OpenRank, a decentralized reputation protocol. Using OpenRank, developers and web3 protocols can power consumer apps, communities and...

[PRESS RELEASE – Grand Cayman, Cayman Islands, March 1st, 2024] Ondo launches native access to tokenized real-world assets on Sui Sui, the Layer 1 blockchain that offers industry-leading performance and infinite scaling, has announced that Ondo Finance’s yield-bearing stablecoin alternative is now live on the network and available for immediate use by builders, developers and their end users. Ondo’s US treasury-backed and interest-bearing token, USDY, is the Sui Network’s...

As more players enter the cryptocurrency space, mining becomes more complex and requires more computing power. As a result, many people who used to mine cryptocurrency with their own hardware now find it unsustainable due to high electricity bills and wear and tear on their hardware. Therefore, cloud mining has become an attractive option. How to mine Bitcoin from your phone in 3 minutes? Most cryptocurrency mining services require you to pay a fee or transfer...

[PRESS RELEASE – Los Altos, CA, February 29th, 2024] The GEODNET Foundation, the organization governing the blockchain-based global navigation network GEODNET, is excited to announce the completion of a $3.5 million seed funding round. The round was led by North Island Ventures, with participation from Modular Capital, Road Capital, Tangent, Reverie, and select angels, who join existing GEODNET backers Borderless, IoTeX and JDI Ventures. GEODNET is building the world’s...

[PRESS RELEASE – Miami, USA, February 29th, 2024] Blockchain infrastructure provider QuickNode has today announced the launch of Streams, a cutting-edge solution for real-time blockchain data streaming. With the innovative venture, QuickNode aims to redefine the standards of speed, reliability, and simplicity in blockchain infrastructure, enabling users to build robust data models instantly. The product will complement the provider’s ETL portfolio by letting users utilize...

Over the course of a groundbreaking launch campaign from February 1st, UXLINK, the leading Web3 social infrastructure platform renowned for its innovative “Real World Social” and “Group” features, launched multiple Web3 wallet feature that exceeded all expectations. During this limited time frame, this feature resulted in the creation and connection of more than 978,000 new Web3 wallet addresses to UXLINK. The average value of assets held in these connected...

[PRESS RELEASE – Cayman Islands, Cayman Islands, February 27th, 2024] Solutions for Bitcoin Scaling: The paper presents a range of technological solutions aimed at scaling the Bitcoin ecosystem without altering its foundational base layer Beyond Layer 2: Highlighting the limitations of existing Bitcoin layer 2 solutions, the paper argues for a novel approach that builds directly on top of Bitcoin to achieve scalability, while addressing capital efficiency, liquidity issues,...

[PRESS RELEASE – Gibraltar, Gibraltar, February 27th, 2024] The new gaming platform Funtico is thrilled to announce the launch of its whitelist for its first exclusive Summoners Collection NFT sale. In addition to providing access to the Summoner Collection, whitelist spots offer some big benefits on the horizon as the Funtico platform barrels full speed ahead to launch. Users can join the exclusive whitelist campaign starting February 27, 2024, here. Participants will have...

The cryptocurrency world has witnessed the ups and downs of many meme currencies, all vowing to be the upcoming game changer. Major tokens like Dogecoin and Shiba Inu have carved out a prominent place as top-tier tokens. At the same time, other new entrants have captured parabolic market movements through social media hype and strong community engagement. However, recently we’ve seen a rather disappointing trend of mediocre tokens entering the market, with no...

BEFE token is the latest entrant in the growing meme coin market. BEFE wants to revive the original Internet meme culture and take meme coins back to their roots, which has recently become crowded with several derivative tokens. With no presale and zero taxes on transactions, BEFE positions itself as a token “for the people,” powered by the community’s engagement and the inherent appeal of its memes. So, how sustainable is this new meme token? Is it worth the...