Press Releases

Abu Dhabi, UAE, November 21st, 2024, Chainwire. Coinshift, a prominent name in onchain treasury management, has launched csUSDL: a liquid lending token (LLT) designed to optimize reward opportunities, security, and transparency for both individual and institutional investors.

The project's developers project daily revenues of $1 million in ETH, assuming a daily DEX trading volume of $200 million. With low transaction fees and a streamlined user interface, DegenLayer seeks to provide a gateway for mainstream users to engage in blockchain-based trading and creation.

Built as the first Externally Owned Account (EOA) wallet to leverage Chain Abstraction, Arcana Wallet enables a frictionless, multi-chain experience where users can spend assets across Ethereum, Base, Polygon, Arbitrum, and Optimism seamlessly, with 20+ new chains coming soon.

Through this initiative, GMT holders will vote on the decision to burn up to 600 million GMT, equivalent to 100 million USD, marking this as one of the most ambitious token burns in the web3 ecosystem.

The project, inspired by McAfee’s outspoken stance on accountability and digital security, seeks to create a more equitable and secure digital environment.

AI platform bitGPT is experiencing sizable growth across every vertical of the project, from active partnership conversations to the number of users currently testing its technology.

[Cambridgeshire, UK] - November 20, 2024 – Script Network, the pioneering blockchain platform revolutionizing video and entertainment, has unveiled an ambitious SCPT token burn program, committing to remove 72 million SCPT tokens from circulation over the next two years.

Frankfurt, Germany, November 20th, 2024, Chainwire. KYVE is entering its expansion era, introducing an enhanced web app packed with new features and collaborations to support users and unlock multi-network potential. From experienced developers to crypto newcomers, the platform aims to make it easier for users to jump in, contribute, and benefit as part of KYVE's mission to make blockchain data accessible to all. 

PlayBlock’s success reflects a seamless transition from operating on the Polygon blockchain

FDUSD is the second multi-billion dollar market cap stablecoin to natively integrate with Sui in recent months, strengthening FDUSD’s position as a versatile and interoperable stablecoin while enhancing Sui’s burgeoning DeFi ecosystem where TVL is over $1.5B.

The Keanu (KNU) token, a new Solana-based meme coin inspired by cultural icon Keanu Reeves, has officially hit the market via a fair launch on Pump.fun. The release comes amid a surge in meme coin market activity, with the Keanu team positioning the project as a community-driven initiative leveraging viral potential.

Built on Bitcoin via the TAP Protocol, the platform emphasizes fairness, transparency, and scalability while challenging traditional launchpad models.

Designed to supercharge the Open Loot platform, $OL will boost user acquisition and drive engagement across all Open Loot games and products by delivering substantial utility to Open Loot users, from guardianship to exclusive benefits like better deals and early access to games and events to collecting in-game rewards.

Guided by community feedback, with 67% of users expressing support, the company is rolling out initiatives aligned with its whitepaper, including offering rewards of up to 10% on debit card payments, positioning itself as a competitive alternative to traditional cashback and credit card programs.

Stabull.Finance is optimized for stablecoins and tokenized real-world assets, crypto’s fastest-growing sector, offering a fully permissionless platform through Holochain’s decentralized framework.

The purpose of Hedge Mode is to offer users more flexibility, especially during volatile periods. It enables traders to hedge their positions, protecting against potential losses without having to close their trades.

The $WFI token is the lifeblood of WeFi’s ecosystem, which seeks to empower users with a seamless blend of DeFi and traditional financial tools. Initially launched on Binance Smart Chain (BSC), $WFI will soon migrate to WeFi’s own WeChain blockchain, where it will power everything from liquidity pools and transaction fees to staking and advanced dApps. With a fixed supply of 1,000,000,000 tokens, $WFI was engineered to foster a unique ecosystem that values community participation and sustainable growth over quick gains.

By leveraging Sequence’s robust web3 technology stack, LAOS Network addresses key challenges in blockchain gaming, including high gas fees and network congestion, to deliver a seamless experience with web3 asset ownership.

Decentralized Physical Infrastructure Network (DePIN) is emerging as a technology aimed at shifting how infrastructure is managed. By decentralizing services like computing, energy, and telecommunications, DePIN seeks to offer scalability, resilience, and cost-efficiency beyond what centralized systems typically provide.

PEPE collaborates with AI to launch DrPepe.ai on Solana - aiming to revolutionize the future with a groundbreaking scientific White Paper on immortality set for Q1 2025 - and an upcoming Token Generation Event in the weeks ahead.

Ramat Gan, Israel, November 14th, 2024, Chainwire Layer-3 Blockchain Brings High-Speed, Stable, Zero-Gas Transactions and a Complete Web3 Ecosystem Bridging Web2 and Web3 Playnance, a leader in Web3 technology, announces the launch of PlayBlock, a cutting-edge Layer-3 blockchain that is transforming the landscape for trading, gaming, and decentralized finance (DeFi). With PlayBlock as the foundation, Playnance aims to drive mass Web3 adoption by offering zero-gas transactions, USD-pegged stability via USDP, and seamless Ethereum Virtual Machine (EVM) compatibility to provide users with a smooth, accessible path from Web2 to Web3. The Playnance Ecosystem: Five Core Components to Drive Mass Web3 Adoption [...]

Bitcoin mining power on-chain and aiming to unlock the potential of Bitcoin through liquidity farming, today announced that it has entered into a long-term hosting service agreement with BITMAIN, the world's leading manufacturer of digital currency mining servers through its brand Antminer.

Prosper's new strategic focus on Bitcoin mining and the broader Bitcoin ecosystem has been well-received by the community. As part of this strategic change, Prosper partners with prominent industry players to obtain various services and products to deliver institutional-grade execution in managing its mining hashrate.

Enter Symmetric®, the world’s first fully post-quantum blockchain, designed to withstand the challenges of tomorrow’s technology with a groundbreaking approach to security.

On Nov. 13, Valhalla unveiled a partnership with Dubai's Mall of the Emirates, marking a milestone in its global outreach efforts.