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The actively managed certificate, delivered in partnership with Swiss banks, is designed for institutional investors to diversify into cryptoassets more easily ZUG, Switzerland–(BUSINESS WIRE)–XEROF, a vanguard in cryptoasset financial services, announced today that it has launched, alongside GenTwo, licensed and regulated Bitcoin-backed active managed certificates (AMCs). The XEROF Bitcoin AMC is among the first to hold the underlying Bitcoin asset in a Swiss bank, further showcasing the modern regulatory environment of Switzerland and Europe and the clarity these regions provide to licensed providers of complex financial products. The Bitcoin represented by the certificate is held in secure cold storage by a premier Swiss bank, and XEROF provides its crypto brokerage exchange for the daily liquidity of the certificate. The Bitcoin AMC offered by XEROF empowers institutions and accredited investors to diversify into cryptoassets without holding Bitcoin directly. It also removes the need for family offices or asset managers to manage the technicalities of secure cryptoasset custody. “The cryptoasset market is maturing and is ready for complex financial products that are properly regulated. UBS’s recent Global Family Office Report found that 68% of family offices plan to maintain their investments in cryptoassets and 27% are looking to increase their investments,” said Marc Taverner, CEO and co-founder of XEROF. “The Bitcoin AMC is perfectly suited to family offices and asset managers. The structure of the product is consistent with other products in their portfolios. Further, the certificate provides exposure to the underlying asset whilst retaining AUM – a benefit not found with the direct purchase of Bitcoin. We take pride in presenting a pioneering solution for Bitcoin investment, a long-awaited milestone in our mission toward greater adoption of cryptoassets. After years of attempts in various jurisdictions by other firms, we are pleased with our experience in Switzerland. We look forward to offering more products like this soon to accredited investors.” To learn more, visit xerof.com or contact [email protected] (Rachel Pipan). About XEROF XEROF is a leading Swiss financial services provider specialising in cryptoassets. In partnership with Switzerland’s premier private banks, we offer institutional services across digital and fiat currencies, including cross-border settlement, currency exchange, OTC brokerage, asset custody, and frictionless payments. Founded in 2020, XEROF is regulated as a Virtual Asset Service provider (membership number 100954) and supervised by the sector-governed Financial Services Standards Association (VQF). Our services are offered in compliance with Switzerland’s AML/CFT regulations, alongside our commitment to providing deep liquidity and efficiency to your operations. Our mission is to help develop a mature market for traditional and digital wealth. We accelerate this reality by navigating foundational forces like exchanges, established firms, and private individuals through the cryptoasset ecosystem. Bring Swiss precision to your cryptoassets with us by visiting xerof.com. Contacts Rachel Pipan [email protected]
 
The global crypto market reached a $1.13 trillion range by soared over 5.17% in a day. Bitcoin price nearing to may high of $29K range. The global cryptocurrency market surges as top coins reach new rallies with significant price changes. In a remarkable turn of events, the market leader Bitcoin (BTC) has experienced a surge of more than 7.5% in the last 24 hours, bringing its price to around the $29,000 range. This indicates a positive movement in the market. At the time of writing Bitcoin trading price was $28,811 and a trading volume of $26 billion, which skyrocketed over 75%. Bitcoin (BTC) Price Chart (Source: CoinMarketCap) Overall, the mentioned top cryptocurrency and the top altcoins have a positive trend, showcasing increased investor confidence and market activity. Here’s a breakdown of the latest price analysis for the top five cryptocurrencies. Ethereum (ETH) Powers Forward Market Cap: $218B 24-hours Volume: $8B Ethereum, the second-largest cryptocurrency, has displayed impressive growth, rising by over 4.8% in just one day. At the time of writing ETH traded at $1,813 and 24 hours trading volume climbed 52%. Ethereum (ETH) Price Chart (Source: CoinMarketCap) Over the past week, ETH has witnessed a steady increase of 3.7%, solidifying its position as a dominant force in the market. This indicates growing investor interest and positive market sentiment surrounding Ethereum’s potential. Cardano (ADA) Makes Stride Market Cap: $108B 24-hours Volume: $260M Cardano, a blockchain platform known for its innovative features, has demonstrated remarkable progress, recording an 8% surge within the past day. At the time of writing, ADA traded at $0.2786 with a 24 hours trading volume rise of 69%. Over the course of the week, Cardano has shown a 2% increase, attracting attention and investor confidence. Cardano (ADA) Price Chart (Source: CoinMarketCap) Solana (SOL) Continues its Upward Market Cap: $7B 24-hours Volume: $296M Solana, a high-performance blockchain network, has experienced significant gains with a 4.5% increase in the last 24 hours. Impressively, Solana’s value has skyrocketed by 10% over the past week, marking its prominence in the crypto landscape. At the time of writing SOL recorded the trading price of $16.79 and 24-H volume rise of 60%. Solana (SOL) Price Chart (Source: CoinMarketCap) Polygon (MATIC) Amid Positive Momentum Market Cap: $6B 24-hours Volume: $319M Polygon, a scaling solution for Ethereum, has witnessed a remarkable surge of over 7% in a single day. At the time of writing, MATIC traded at $0.6516 with a 24-H trading volume surge of 36%. Despite a more modest increase of 0.5% over the week, Polygon’s recent momentum is a testament to its growing popularity and adoption. Polygon (MATIC) Price Chart (Source: CoinMarketCap) Avalanche (AVAX) Roars with Growth Market Cap: $4B 24-hours Volume: $139M Avalanche, a decentralized platform for dApps, has gained considerable traction, surging by approximately 7.2% in the past day. Over the course of the week, Avalanche has experienced a solid 3.5% increase, demonstrating its potential and capturing investor attention. At the time of writing, AVAX traded at $12.30 and has 24 hours trading volume climbs of 48%. Avalanche (AVAX) Price Chart (Source: CoinMarketCap) This widespread surge across the top cryptocurrencies signifies a renewed bullish sentiment in the market, with investors flocking to digital assets for potential gains.
 
In a significant move towards the adoption of blockchain technology in traditional banking, JP Morgan, one of the world’s leading financial institutions, has recently partnered with six Indian banks for blockchain-based interbank dollar settlements. This development sends a clear message to the financial world: blockchain technology has the potential to revolutionize traditional banking systems. As a prominent player in the industry, JP Morgan embracing blockchain brings legitimacy and credibility to the technology, fostering trust among other financial institutions and regulators. In this article, we will explore how JP Morgan’s partnership impacts cryptocurrencies like Polkadot (DOT), Polygon (MATIC) and Caged Beasts (BEASTS), opening new avenues for growth, collaboration, and mainstream adoption. Bridge Blockchains With DOT Polkadot (DOT) is a powerful blockchain platform and cryptocurrency that aims to enable seamless communication and interoperability between different blockchains. With JP Morgan’s growing interest in blockchain-based settlements, Polkadot’s technology could accelerate and further its vision of a connected and scalable blockchain ecosystem. With increased integration between traditional banks and blockchain networks, Polkadot’s ability to facilitate cross-chain communication now becomes more relevant. Moreover, the partnership’s impact may potentially lead to enhanced liquidity and increased transactional efficiency, benefiting both Polkadot and traditional banking systems. Drive Scalability & Innovation With MATIC Polygon (MATIC), a leading layer-2 scaling solution, offers solutions for blockchain scalability and interoperability. As JP Morgan embraces blockchain technology, the demand for scalability and efficient solutions becomes crucial. This is where Polygon’s technology becomes a pivotal role in providing the scalability and interoperability required for blockchain-based settlements. As more traditional banks adopt blockchain solutions, Polygon’s layer-2 infrastructure stands as the perfect alternative to solve the congestion problems on the Ethereum network and enhance the speed and efficiency of transactions. The Future Of Caged Liquidity With BEASTS Caged Beasts (BEASTS) is a new DeFi meme coin with a unique narrative and captivating concept of caged liquidity that intertwines financial growth and memes. With 75% of funds locked until the date of release, Caged Beasts flaunts a solid foundation that counters crypto’s volatility risks. The partnership between JP Morgan and financial institutions for blockchain settlements creates exciting integration opportunities for projects like Caged Beasts. The locked liquidity structure of Caged Beasts, combined with its strong community focus and entertaining utilities, makes Caged Beasts a viable choice for investors looking for an entertaining meme coin along with substantial gains on investments. As traditional banks explore more and more blockchain solutions, there is the potential for collaborations and partnerships that bridge the gap between traditional finance and the world of cryptocurrencies, and Caged Beasts might just be that perfect fit. JP Morgan’s partnership with Indian banks for blockchain-based interbank dollar settlements is a significant step towards the mainstream adoption of blockchain technology in traditional financing. As traditional banks embrace blockchain solutions, cryptocurrencies like Polkadot, Polygon and Caged Beasts have the opportunity to gain increased recognition, liquidity, and integration into the broader financial ecosystem. As the world witnesses this landmark integration, it becomes increasingly clear that blockchain technology and cryptocurrencies are poised to shape the future of finance, opening new possibilities for innovation, scalability, and mainstream adoption. To stay up to date with innovation, embrace the next generation of cryptocurrencies through Caged Beasts. It is an extraordinary opportunity to witness the liberation of restricted funds, creating a pathway for unparalleled expansion and possibilities in the realm of digital finance. Take advantage of the ongoing presale and seize the optimal moment to invest in this revolutionary meme coin. Register with Caged Beasts today to embark on this remarkable journey! For more information on Caged Beasts (BEASTS): Website: https://cagedbeasts.com Telegram: https://t.me/CAGEDBEASTS Twitter: https://twitter.com/CAGED_BEASTS
 
HONG KONG–(BUSINESS WIRE)–CoinEx, a global crypto exchange, recently announced its sponsorship of BlockChance 23, the fourth BlockChance conference so far, which will be held at Congress Center Hamburg (CCH) in Germany. This marks CoinEx’s first sponsorship of a blockchain exhibition in Germany, which showcases its commitment to the German market and its confidence in the future of crypto. As one of Europe’s top blockchain conferences, BlockChance 23 will take place in the Free and Hanseatic City of Hamburg from June 28 to June 30. Featuring industry experts, venture capitalists, and entrepreneurs from around the world, the event is expected to attract over 7,500 attendees, 300 speakers, and 150 exhibitors. During the three-day conference, attendees will experience exciting keynote speeches, panel discussions, fireside chats, award ceremonies, and more than 50 workshops, allowing them to engage with blockchain scholars to explore the application of blockchain technology. Germany, one of Europe’s largest economies, is seeing rapid growth in the crypto sector, which presents enormous market potential. As a long-established crypto exchange, CoinEx intends to fully understand the needs and habits of German crypto users, explore the local crypto market, and provide German users with first-class and easy-to-use trading services through its sponsorship of BlockChance 23, while building a larger business presence in Europe. According to official sources, in addition to sponsoring and attending the event, CoinEx will also have an exclusive brand booth (Saal G23) at BlockChance 23, where the CoinEx team will engage with local users face-to-face, discuss the future of crypto with industry leaders, and share the latest industry development and technology trends to promote the adoption of crypto assets and blockchain technology. CoinEx, a veteran exchange, has always put users first, while building an efficient, secure, and stable crypto trading platform, and the sponsorship of BlockChance 23 is part of CoinEx’s efforts to explore the application of crypto assets and promote crypto progress, showcasing its extensive expertise in crypto trading. Over the years, CoinEx has continued to improve its technical capacity while perfecting the services it offers. As it provides global users with products spanning spot trading, futures trading, margin trading, AMM, and crypto finance, the exchange has contributed to the progress of the global crypto industry. In terms of security, the CoinEx team, with years of experience in blockchain technology, independently developed a high-speed trade matching engine and has never experienced any security breach since day one, offering a stable, secure trading environment to users worldwide. When it comes to products & services, CoinEx strives to “make crypto trading easier”. As for business operations, CoinEx has remained active in building a global presence, and its sponsorship of BlockChance 23 represents a great opportunity for the exchange to pursue global expansion and demonstrate its market influence. As the conference approaches, we look forward to CoinEx’s debut at BlockChance 23 and wish the event a resounding success. Contacts CoinEx Fiona Han [email protected]
 
Polygon has published a proposal to upgrade the Polygon PoS to a zkEVM validium. Polygon announced its plans to redesign the ecosystem. Polygon, the world’s largest blockchain ecosystem, has published a proposal to upgrade the Polygon PoS to a zkEVM validium. It is the first decentralized L2 secured by zero-knowledge (ZK) proofs. Moreover, it will enable the Polygon PoS to become more secure, performant, and a core part of the Polygon 2.0 ecosystem. On June 20, Polygon tweeted about the proposal to upgrade the Polygon PoS to a zkEVM validium. This is a significant milestone for the Polygon ecosystem. As a zkEVM validium, Polygon PoS would inherit Ethereum’s unmatched security while providing low fees and high scalability. Polygon Labs has continued to develop its ecosystem with innovative ideas and new integrations. Recently, the most popular brand, Nike, announced its integration with Fortnite and EA via Polygon to drive mainstream Web3 adoption. Moreover, Polygon announced its plans to redesign the ecosystem into a symbiotic network of many chains. So the team has introduced Polygon 2.0. Road Map for Polygon 2.0 Ecosystem Polygon 2.0 is a network of L2 chains powered by ZK that are connected via a cross-chain coordination protocol to provide users with a seamless experience. It aims to establish a fundamental protocol that allows users to create, exchange, and program value. Polygon 2.0 provides a comprehensive blueprint that reshapes several aspects of Polygon. It ranges from protocol architecture to tokenomics to governance. The Polygon team revealed their ambitious goal to develop the Internet’s Value Layer with the release of Polygon 2.0. The concept of the value layer first introduced by Ethereum. It provides the seamless and secure creation, exchange, and programming of value without intermediaries. The ZK technology-based strategy for Polygon’s transformation into the Value Layer of the Internet will emphasize unrestricted scalability and uniform liquidity. Polygon PoS to a zkEVM validium In the last announcement, Polygon mentioned that it would provide in-depth insights into the different components of Polygon 2.0. Following that, the Polygon team revealed an upgrade of the Polygon PoS to a zkEVM validium. Over the past year, Polygon has launched the fastest ZK proving system in the industry. Moreover, it has been revealed that the only EVM that equals the zk EVM on the mainnet. Now the team has raised a proposal to add the zkEVM technology to one of the most successful chains in existence. If the community accepts the proposal, Polygon PoS and it’s $2 billion in assets, millions of users, and thousands of apps would seamlessly migrate to this bleeding-edge technology. It will be a significant technical achievement. Moreover, It will be the first time that an existing chain adds a ZK chain to become an L2. Polygon 2.0’s vision is that every Polygon chain should be a ZK L2. However, Polygon PoS is now protected by its validators rather than by ZK proofs. Polygon 2.0 is a significant step forward for the Polygon ecosystem. Most users and developers still prefer the Polygon PoS because of its strong ecosystem, network efforts, and very low costs. It is often orders of magnitude lower than Ethereum rollups. Moreover, the strength and activity of polygons will be expected to boost Polygon 2.0.
 
Bitcoin Surges by 5.28% compared to the last 24 hours. EDX Markets collaboration might have raised BTC as the community predicts. Bitcoin (BTC), the topmost cryptocurrency has seen a huge surge comparatively than the previous months. Meanwhile, June started out ineffective in the crypto market yet BTC brings back the engagement. More than a 5% rise in the BTC price, made the global crypto market increase by 3.90%. The launch of EDX Markets (EDXM) with the collaboration of developed firms including Fidelity, Citadel, and others, is considered the reason behind such an uplift. As of now, BTC values are at $28,371.13 over a 5.81% price increase compared to the last 24 hours. Yet the hitch is whether this prolongs ahead with respect to future terms. However, BlackRock’s ETF filling would be a reason why the accumulation happened in BTC. Compared to the previous days of fall, BTC has shown bullish momentum hyperactively. Criticalities of Bitcoin The sudden rise in the price has made certain crypto enthusiasts in a dubious state. One of the crypto investors named Peter Schiff stated that this price surge hasn’t been achieved due to any type of brokerage platform. There are several other ways. he added. Subsequently, Schiff has put forth a set of NFTs on the Bitcoin network. The other’s anticipation of Schiff’s activity led to the recommendation of BTC trading. Thereby, the value has increased by 56% in his recent tweet, he added. How Do Wall Street Giants Help BTC Surge? The crypto market is shattering due to the recent sue of Binance and Coinbase by the United States Securities and Exchange Commission (SEC). Both the major cryptocurrency exchange faced a sudden lawsuit. Due to this, the altcoins were protecting the crypto community with their efficient growth potential and engagement. The Wall Street Giants nourish the BTC interest among the investors with successive concerns. The market investors tend to enter the crypto-backing Wall Street Giants on their end. BTC Price Analysis Over the last seven days, the BTC price graph turns out highly green towards the upward momentum, on Wednesday. So, there is a 9.09% increase in price in a week. When you consider 24 hours, the trading volume peaked by 68.67% at the time of analysis. Bitcoin 24 Hrs Price Chart (Source: CoinMarketCap) Additionally, the market capitalization of BTC accounts for $550 billion with a 5.66% push upwards. Currently, the market price of Bitcoin is $28,370.71 for its 92.42% circulating supply. The bulls have placed higher than the bears in the market. Furthermore, the average transaction fee is 0.000088 BTC which is equal to $2.06906. However, 6.6695% of traders hold BTC whereas the BTC whales constitute 1.3278%. Bitcoin is revolutionizing the global crypto community by proving that the BTC season is alive yet. Recommended For You: Binance’s Integration of Bitcoin Lightning Network Inches Closer
 
Andrew Tate’s possessions are seized by Romanian Prosecutors. Reports say that Tate holds BTC in huge comparatively. On June 20, 2023, Tuesday, Romanian prosecutors caught Andrew Tate and raised an indictment for his illegal activities including rape and trafficking. Furthermore, the court has seized some of his possessions such as fifteen luxury cars, fourteen watches, and 21 Bitcoin (BTC) worth $560,000 respectively. Moreover, Tate has been kept under house arrest during the month of December 2022 for investigation. Apparently, as per the recent press release, the prosecutors of the Directorate for the Investigation of Organized Crime and Terrorism defended to charge. The crimes of Tate are listed under the referral act which includes money laundering, human trafficking, illegal influencing, possessing perpetrator, and human life threats. The case is processed to the Bucharest Court and effective measures have been taken for the house arrest of Tate and other citizens who are all defendants under this press release. Although the court order is released, it is with respect to the Code of Criminal Procedure followed by the investigation processes, and sharing the indictment without any defeat or concern of presumption. Charges Seized from Andrew Tate As mentioned above, the assets of Tate have been seized by Romanian prosecutors. Meanwhile, the British Broadcasting Corporation (BBC) stated that the $300 million Bitcoin (BTC) is seized from Andrew Tate yet the issue lay with the Google translator. The false report from the BBC stunned the community and was altered to 21 BTC seize sooner. Andrew Tate, the famous pervert and the late world kickboxing champion along with his brother Tristan who is in Romania, and the other two associates who are liable to his words have all been indicted. It is clearly mentioned that this group is involving women in sexual activities with false promises. Case Details of Andrew Tate There are several announcements that have been launched by the Office of Information and Public Relations within the Crime Investigation to the public regarding Andrew Tate. Back in 2021, the four defendants including Tate is handed over to the Government for constituting a criminal offense. The crime details included rape in March and the illegal computer access of the victims in October. Recent Updates on the Case In 2022 March for consequent rape, the four defendants are prisoned under house arrest. Due to that accusations, the gang is trapped and the media team of Tate shared through the BBC: Currently, the judge is considering the evidence presented to him/her within the time limit of 60 days. However, the case would prolong for years. Tate Holding More BTCs Later in May, Tate is creating engagement with the crypto coins. Like, he tweets the token ticker once it gets launched. This has engaged community enthusiasts to get the tagged coin and soon he claims ‘just joking’. This way, the coin pumps down as soon as it launches and trends in the market. In 2022, Tate’s arrest was followed by the confiscation of 5 Bitcoin (BTC) valued at $100,000. Meanwhile, the total Bitcoin possessions reported sixteen in the count of value $465K. Now, as per the court, the complete possession of Tate’s BTC is seized.
 
Nike’s blockchain-powered platform, .SWOOSH, integrates with EA Sports and Fortnite. Polygon’s blockchain technology drives mainstream Web3 adoption. Successful Web3 projects like Nike affirm blockchain’s robust future potential. Significantly, one of the most recognizable names in sports and fashion, Nike, has jumped onto the blockchain bandwagon. Taking its brand identity to the next level, the company has unveiled .SWOOSH. It is a pioneering endeavor powered by the versatile layer-2 Ethereum scaling solution, Polygon. This groundbreaking integration melds Nike’s digitized ecosystem with the immersive worlds of EASPORTS and FortniteGame. Hence, it marks an essential stride towards mainstream recognition for Web3, or the decentralized internet. The Web3 Revolution Gains Momentum Moreover, this remarkable move arrives on the heels of Reddit’s 12 million self-custodied on-chain NFT holders’ success. Consequently, Nike’s initiative underlines the dynamic role of blockchain technology in shaping the modern business landscape. Indeed, the announcement has been greeted with robust enthusiasm. Sandeep Nailwal, the co-founder of Polygon, hailed this integration as “HUGEE!!!” on his Twitter handle. However, beyond the immediate buzz, this development highlights a broader narrative. It is a testament to the increasing pervasiveness of Web3 technology in mainstream spaces. With Polygon at the helm, blockchain technology is no longer the exclusive playground of tech gurus and crypto enthusiasts. It permeates traditional sectors, fostering a new wave of innovative applications. Additionally, the decentralized system of Web3 brings transparency, security, and accessibility. Thus, it opens up new possibilities for businesses and consumers alike. One such example is integrating Nike’s .SWOOSH with EASPORTS and FortniteGame. The venture is a first-of-its-kind Air Max-themed Fortnite experience. Termed ‘Airphoria,’ it is open now through June 27. As a second primary player after Reddit to leverage the power of blockchain technology, Nike’s successful dive into this digital realm is indicative. It points towards a future where such tech-driven initiatives become the norm, not the exception. Despite the progress, the world of Web3 continues to be a sleeper hit. The larger public still is sleeping on Polygon’s achievements. Nonetheless, as Sandeep Nailwal affirms, the world will soon take notice of these monumental steps forward. In conclusion, Nike’s collaboration with EA Sports and Fortnite underpins the power of blockchain technology. Furthermore, it proves the strong potential of Polygon. Undeniably, we’re witnessing the steady march of Web3 into mainstream consciousness. And so, the journey continues, one .SWOOSH at a time.
 
Bitcoin’s fate hangs in the balance as central banks gear up for anticipated rate hikes. With the Bank of England and European Central Bank poised to implement rate increases, the crypto market braces for potential negative repercussions. Analysts warn of Bitcoin’s vulnerability amidst conflicting monetary policies. Bitcoin faces a pivotal moment as it navigates conflicting monetary policies and fluctuating investor sentiment. This week, the focus is on the UK and Eurozone, where central banks are expected to implement rate hikes that could have broad implications for risk-on investments. The Bank of England’s monetary policy committee is set to convene on Thursday, with predictions of a rate increase to 4.75% or even 5%. Similarly, the European Central Bank is anticipated to raise rates by 25 basis points on the same day. ECB President Christine Lagarde recently stated that only a significant “material change” would deter the bank from proceeding with the hike. Bitcoin could be negatively affected due to rate hikes The impending rate hikes from the ECB and BoE are expected to have a potentially negative impact on risk-on investments, including cryptocurrencies, according to independent digital asset analyst Konstantin Anissimov. Higher interest rates may result in a stronger US dollar and increased returns on low-risk government bonds, potentially diminishing the attractiveness of crypto assets for investors. Senior market analyst Craig Erlam from Onanda shares a similar sentiment regarding Bitcoin’s vulnerability. In his analysis, Erlam highlights chart trends that indicate a pattern of lower highs and recovery rallies falling short of recent peaks before subsequent declines. Until Bitcoin breaks this pattern, it may continue to face a vulnerable position. As the week unfolds, Bitcoin will undoubtedly face the influence of these rate hikes and investor sentiment. Market participants will closely monitor developments to gauge the potential impact on the digital asset and its overall market dynamics.
 
Binance decided to deploy the Lightning Network after experiencing difficulties. CZ tweeted about the commitment of his exchange to sustained expansion. One of the major cryptocurrency exchanges, Binance, has stated that it is working to integrate the Bitcoin Lightning Network. So that users may make deposits and withdrawals more quickly. The company’s CEO, Changpeng Zhao (CZ), has also verified the update. Binance decided to deploy the Lightning Network after experiencing difficulties processing a significant number of BTC withdrawal requests on May 8. Sustained Expansion Some technical operations have to be completed before the Bitcoin Lightning Network may be integrated by the exchange. Binance is able to provide a better service to its customers by using the Lightning Network. By facilitating instantaneous and scalable Bitcoin transactions. CZ tweeted about the commitment of his exchange to sustained expansion. The exchange is making progress, he said, although slowly. User efficiency and convenience will increase when transaction fees are lowered and settlement times are shortened. The Lightning Network’s off-chain features also improve Bitcoin’s scalability by removing bottlenecks and reducing transaction times. Binance reportedly suspended Bitcoin (BTC) withdrawals due to a surge in pending transactions since the exchange couldn’t pay out enough in incentives to miners to record the deals. Due to a rapid increase in Bitcoin network gas costs, the biggest in almost three years since July 2021, CZ dealt with this bull market problem. Moreover, Binance resolved the issue by resubmitting the outstanding Bitcoin withdrawals with increased fees so that they would be accepted by mining pools and confirmed on the blockchain. The exchange tweeted later that day that they were going to activate BTC Lightning Network to stop future problems similar to this. Recommended For You: Industry Heavyweights Launch Crypto Exchange Dubbed EDX Markets
 
The Taiwanese-Canadian business mogul’s worth is approximately $8 billion. Tsai, who is now Executive Vice Chairman, will take over from Daniel Zhang. Joseph Tsai has been named the next Chairman of Alibaba Group, a Chinese technology corporation specializing in e-commerce, succeeding Daniel Zhang. The Taiwanese-Canadian business mogul is worth billions of dollars. And his name has been attached to a number of other cryptocurrency and digital asset-related endeavors. Blue Pool Capital, the company that manages Tsai’s personal funds, reportedly contributed to two investment rounds for the defunct cryptocurrency exchange FTX, according to recent reports. Tsai, who is now Executive Vice Chairman, will take over from Daniel Zhang on September 10 of this year. Eddie Yongming Wu will replace Zhang on the Alibaba Group Board of Directors and take over as CEO. Emphasis on Technology and Innovation The latter says he’s looking forward to working with the new leaders. And will continue to manage Alibaba’s Cloud Intelligence Group. He also promised to lower the entry barrier to cloud computing and AI for businesses of all sizes. Moreover, Tsai praised Wu for his time as CTO at Taobao and Alipay, saying that he was “instrumental in architecting our technology platforms and guiding our strategic direction.” He expressed optimism that the current leadership of Alibaba, with its emphasis on technology and innovation, can sustain the company’s rapid expansion. Furthermore, the Taiwanese-Canadian tycoon has shown his bullish outlook on the digital asset market throughout the years. His estimated net worth is approximately $8 billion. Also, at the close of 2021, he made his first public remarks, tweeting simply, “I like crypto.” Alibaba is a leading global e-commerce platform and one of the world’s top retailers. Also in 2020, it was ranked as the fifth-largest AI business.
 
This change is part of the bank’s larger goal to boost fee revenue for its corporate division. Deutsche firm’s latest action comes after the firm had a severe liquidity problem in March. Deutsche Bank AG, the biggest bank in Germany, has just submitted an application to the appropriate authorities to begin providing custody services for digital assets like cryptocurrencies. This change, according to Deutsche Bank’s head of commercial banking, David Lynne, is part of the bank’s larger goal to boost fee revenue for its corporate division. It also draws attention to the bank’s initiatives to boost revenue for its investment arm DWS Group via the sale of digital assets and their related services. Need for Regulated Custodial Solutions Deutsche Bank has already made efforts to provide custodial services for digital assets. It made a similar effort in 2020, but it has not yet been revealed when the services would go live. There will be a greater need for regulated custodial solutions providers as the number of institutional players in the cryptocurrency market grows. Deutsche Bank’s approach comes as other major financial institutions, such as BlackRock and Fidelity, have signaled their own intentions to enter the cryptocurrency market. Deutsche firm’s latest action comes after the firm had a severe liquidity problem in March when Credit Suisse collapsed. The German financial powerhouse, however, seems to be on firm ground after this storm. Moreover, German authorities are also trying to loosen restrictions on crypto staking and lending regulations. The implementation of MiCA rules will also simplify regulatory advancements. Germans’ interest in and use of cryptocurrencies has been rising, and it will accelerate as the country’s regulatory landscape becomes more transparent. Amid the rising crackdown of U.S SEC on the crypto sector, other nations are taking cautious steps toward the sector. Recommended For You: Industry Heavyweights Launch Crypto Exchange Dubbed EDX Markets
 
OPUSDT is exhibiting an Ascending Scallop pattern. The target for OP trade setup is set at $1.296. In the exciting world of cryptocurrency trading, market participants are constantly on the lookout for potential breakout opportunities that can offer significant profit potential. More so, one such intriguing prospect has emerged for Optimism, the trading pair of the OPUS token against Tether (USDT). Even more, a notable technical pattern known as the Ascending Scallop Pattern has been identified in the daily time frame. In addition, the Ascending Scallop Pattern is a bullish continuation pattern characterized through a rounded bottom formation. With higher lows and a relatively flat top. Notably, this pattern suggests that OP has experienced a period of consolidation, with buyers consistently stepping in at higher levels, demonstrating their interest and potential bullish sentiment. OP Price Chart (Source: TradingView) Optimism Price Analysis: Trade Setup According to CoinMarketCap, the OP is trading at $1.22 with a 24-hour trading volume of $247,789,490, at the time of writing. Entry: A long position has already initiated coz of some traders in anticipation of the breakout. In addition, for those who have not entered the trade yet. Moreover, it is advisable to consider entering once the breakout above the resistance area at $1.23 is confirmed. All-in-all, this confirmation could come in the form of a strong bullish candlestick close above the resistance level. This is indicating a shift in market sentiment. Target: The target for this trade setup is set at $1.296. This level represents a favorable upside potential from the breakout level. It is important to note that targets should be adjusted based on individual risk appetite and market conditions. Furthermore, traders should closely monitor the price action and adjust their targets accordingly. Stop Loss: To effectively manage risk, setting a protective stop loss is crucial. For this trade setup, a recommended stop loss level is at $1.154, positioned slightly below the breakout zone. More so, placing the stop loss in this manner helps mitigate potential downside risks and provides a buffer in case the breakout fails and the price retraces. OP’s Ascending Scallop Pattern presents a compelling trade setup for traders. Even more, with an entry point above the resistance area at $1.175, traders can position themselves to benefit from a potential bullish breakout. Moreover, target of $1.296 offers a favorable upside potential, while a stop loss at $1.154 helps manage risk effectively. As always, it is important for traders to conduct their own analysis, monitor market conditions, and adjust their trading strategy accordingly.
 
Matic currently displays an intriguing Ascending Triangle Pattern. Traders eye a target price of $0.72 for Matic. MATIC token currently displaying an intriguing technical pattern known as the Ascending Triangle Pattern on the daily time frame. More so, this pattern has captured the attention of traders and investors as it suggests a potential bullish breakout in the near future. In addition, the price action is nearing the support zone within the pattern, indicating a critical juncture where market dynamics could shift. Added to this, traders are closely monitoring this setup, eagerly anticipating the breakout and the potential trading opportunities it may present. Moreover, the Ascending Triangle Pattern is characterized through a series of higher lows, formed by an upward-sloping support trendline, while the resistance level remains relatively flat. In addition, this pattern signifies a period of consolidation, where buying pressure gradually increases and sellers struggle to push the price lower. All-in-all, as the price approaches the support zone, the potential for a breakout becomes more apparent, with traders keen to capitalize on the anticipated bullish momentum. In this trade setup, the Smart Money Move concept is applied, aligning with the actions of institutional or well-informed market participants. By selecting the entry area at the support level, traders aim to enter at a strategic point that offers a favorable risk-to-reward ratio. More so, this approach not only enhances the potential trading opportunity but also helps to reduce downside risk. With the Ascending Triangle Pattern forming on MATICUSDT and the price nearing the support zone, traders are eagerly positioning themselves to take advantage of a potential bullish breakout. Even more, by closely monitoring the price action, traders can seek confirmation of the breakout and execute their trading strategies accordingly. Notably, the target and stop loss levels are set strategically to manage risk and optimize potential profits. As always, traders should conduct their own analysis, adapt to changing market conditions, and exercise proper risk management techniques to navigate the dynamic cryptocurrency market successfully. According to CoinMarketCap, the Matic is trading at $0.6 with a 24-hour trading volume of $247,789,490, at the time of writing. Matic Price Chart (Source: TradingView) Matic Price Analysis: Trade Setup Entry: To capitalize on the potential breakout, it is recommended to enter a long position at $0.5920, the support level within the Ascending Triangle Pattern. This entry point is strategically chosen based on the Smart Money Move concept, which aligns with the actions of institutional or informed market participants. By entering at the support level, traders aim to benefit from the potential bullish momentum that may follow the breakout. Target: The target for this trade setup is set at $0.720, offering a significant upside potential from the entry level. This target represents the expected price movement after the breakout from the Ascending Triangle Pattern. Traders should monitor the price action closely and adjust their targets based on individual risk tolerance and market conditions. Stop Loss: To effectively manage risk, it is essential to place a stop loss at $0.5890. This stop loss level is strategically positioned below the entry point and the support zone, aiming to limit potential downside risks. By implementing a stop loss, traders can protect their capital in case the breakout fails and the price retraces. The formation of an Ascending Triangle Pattern on MATICUSDT suggests a potential bullish breakout on the horizon. By strategically entering a long position at the support level of $0.5920, traders can position themselves to potentially benefit from the anticipated bullish momentum. Furthermore, with a target set at $0.720 and a stop loss at $0.5890, traders can effectively manage risk while aiming for a favorable upside potential. More so, with any trading decision, conducting thorough analysis, monitoring market conditions, and adjusting strategies accordingly remain crucial for successful trading. Disclaimer: Any information contained in this article is not proposed to be and doesn’t constitute financial advice, investment advice, trading advice, or any other advice. The NewsCrypto is not responsible to anyone for any decision made or action taken in conjunction with the information and/or statements in this article.
 
Cardano’s ADA token recently formed a technical analysis pattern called the ‘death cross.’ The appearance of the death cross comes at a time of regulatory uncertainty for Cardano and altcoins in general. ADA has experienced a significant decline in market value this month, attributed to fears of increased regulatory oversight if ADA is categorized as a security. Cardano’s ADA token, a competitor to Ethereum, has displayed a technical analysis pattern known as the “death cross” on its daily price chart. The death cross is observed when the 50-day simple moving average (SMA) falls below the 200-day SMA. While some followers of the technical analysis view the death cross as an indication of a potential market downturn, it should be noted that moving average crossovers have limitations as standalone indicators. Nevertheless, the appearance of the death cross aligns with the current regulatory uncertainties surrounding ADA and other altcoins. ADA classified as a security by the SEC In recent developments, the U.S. Securities and Exchange Commission (SEC) classified several tokens, including ADA, as securities in its lawsuit against Binance. Although Cardano’s development company, IOG, promptly refuted the SEC’s claim, the market sentiment was affected, resulting in a 30% decline in ADA’s market value this month, marking the most significant monthly drop since March 2022. The concerns arise from the possibility of increased regulatory oversight if ADA is categorized as a security. The regulatory risk primarily impacts altcoin investors, according to Matt Hu, CEO of the crypto asset management firm Blofin. He emphasized that holders who exclusively possess BTC and ETH would have a limited impact. At the time of reporting, ADA was trading at $0.2545. Additionally, Cardano released Node version 8.1.1 on its mainnet, aiming to enhance network processes by reducing epoch transitions or time periods on the blockchain.
 
EDX Markets began conducting transactions with the backing of industry heavyweights. Only Bitcoin, Ethereum, Bitcoin Cash, and Litecoin will be available for trade on EDX Markets. The non-custodial cryptocurrency exchange EDX Markets will be launching today with support from major broker-dealers, global market makers, and venture capital companies. Investors respond to EDX Markets as numerous established banks and brokerages join the cryptocurrency space. The registration of BlackRock iShares spot Bitcoin ETF with the US SEC last week restored industry optimism. In recent weeks, EDX Markets quietly began conducting transactions with the backing of industry heavyweights including Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital, and Virtu Financial. Growing Adoption of Crypto Sector EDX Markets is worried about increased attention from US authorities in the wake of problems at FTX and Binance, even as it actively pursues business from brokers and investors interested in crypto assets. Despite legal crackdowns spearheaded by the US Securities and Exchange Commission (SEC), interest in cryptocurrency remains high on Wall Street. It’s the first of its kind, and it’ll help meet the unmet demand for trading digital assets by making it possible to do so in a secure and regulated manner via vetted third parties. It is a “noncustodial” exchange, meaning that it does not store its users’ digital assets on its own. Only Bitcoin, Ethereum, Bitcoin Cash, and Litecoin will be available for trade on EDX Markets. It will also introduce a clearinghouse to streamline trade settlement. Additionally, DV Trading, GTS, GSR, and Hudson River Trading affiliates participated in EDX Markets’ second investment round along with Miami International Holdings. The entry of established financial institutions into the cryptocurrency industry has brought further optimism over the growth and adoption of the crypto sector. Recommended For You: Binance Labs Accelerates Web3 With Strategic Investments
 
The Galileo LLM Studio Contains Multiple Free Tools for Data Scientists to Fine-Tune LLMs with Proprietary Data, Create and Manage Prompts, Identify Potential Model Hallucinations and More SAN FRANCISCO–(BUSINESS WIRE)–Today, Galileo, the first-ever machine-learning (ML) data intelligence company for LLMs and Computer Vision, announced a suite of new tools called Galileo LLM Studio — now available for waitlist signups here. As organizations of all sizes and across industries begin to consider the potential applications of generative AI, it is more important than ever for data science teams to have access to tools to quickly and easily evaluate the results of these Large Language Models (LLMs) and optimize their performance. Specially designed for high-performance data science teams, the Galileo LLM Studio will serve as a one-stop platform for LLM analysis and prompt management. Individual LLM Studio users will have access to two free tools to improve LLM performance and accuracy: the Galileo Prompt Inspector, which enables users to identify potential model hallucinations; and the Galileo LLM Debugger, which allows users to fine-tune LLMs with their own proprietary data. “Adapting LLMs to specific real-world applications depends on data more than ever before. Today, an organization’s data is its only differentiator. Galileo LLM Studio acts as a data force multiplier, enabling data scientists to fine-tune these models and use the best prompts with the right amount of context, to set appropriate guardrails and prevent hallucinations,” said Yash Sheth, Galileo co-founder and chief product officer. “A major factor in getting the best outputs from LLMs comes down to exploring the semantic search space of possible inputs that resolve to the accurate user intent,” said Atindriyo Sanyal, Galileo co-founder and chief technology officer and an early engineer at Apple working on Siri, allowing iPhone app developers to build powerful natural language processing (NLP) applications leveraging Siri. “I started my career in artificial intelligence over a decade ago. And although models today are way more advanced and powerful, the principles determining the quality of language model outputs remain the same: preventing model hallucinations and reducing model bias by leveraging consensus from sources that are not biased by the model and data at hand. We designed Galileo LLM Studio with those principles in mind.” “The introduction of Galileo’s LLM Studio has opened up exciting new possibilities across industries. Its comprehensive tools allow customers to fine-tune large language models using their own unique data, while effectively identifying and managing model hallucinations. This isn’t just a time-saver; it’s a game-changer, allowing companies to leverage generative AI more effectively and confidently and providing the right resources to ensure model accuracy and reliability,” said Dharmesh Thakker, general partner at Battery Ventures, the technology-focused investment firm backing Galileo. Galileo Prompt Inspector With the Galileo Prompt Inspector, users can quickly and efficiently identify potential model hallucinations, or overconfident, incorrect predictions from the LLM. The Inspector provides a Hallucination Likelihood Score — surfacing where the model is hallucinating, or generating unreliable and spurious output, including factual inaccuracies. With this information, users are able to more quickly address hallucinations and other errors in their model, reducing the likelihood of customers encountering misinformation or other incorrect model output. Users will also be able to create, manage and evaluate prompts in one platform, then transfer prompts from Galileo to the application of their choice, such as Langchain, OpenAI, HuggingFace and many more. Additional built-out product features in the Galileo Prompt Inspector include: The ability to organize prompt projects, runs and queries to LLMs in one place; Support for OpenAI and Hugging Face models; Collaboration features to streamline prompt engineering across multiple teams; Helps minimize the costs of prompt engineering by monitoring and estimating cost of calls to OpenAI while providing key signals on what isn’t working; and A/B comparison of prompts and their results. Galileo LLM Debugger With the Galileo LLM Debugger, users will be able to fine-tune LLMs with their own proprietary data, ensuring a high-performing model. Today, this process is frequently done manually with spreadsheets and Python scripts working with human-curated labels, which is time-intensive, costly and error-prone. Data science teams can connect LLMs directly to the Galileo LLM Debugger to instantly uncover and fix cumbersome errors in their dataset where their models are struggling; leading to better performing models faster, increasing team efficiency and reducing costs across the board. Potential use cases of the Galileo LLM Debugger include: A data science team in healthcare wants to build a smarter patient record summarizer. Leveraging an open-source LLM would yield generic results. Therefore, the team will need to train the LLM on their proprietary EMR data. A consumer-facing enterprise wants to build a chatbot for answering their customer’s questions related to their business, services and product offerings. A financial institution wants to summarize company data (financials, macro trends and industry-wide news) to make effective risk assessments on lending to that business. Galileo LLM Studio Waitlist and Webinar Demo For more information on Galileo LLM Studio, sign up for the waitlist here and register for the Debugging LLMs: Best Practices for Better Prompts and Data Quality webinar on 6/22 here. About Galileo Galileo’s mission is to create data intelligence tools for unstructured data ML practitioners. With more than 80% of the world’s data being unstructured and recent model advancements massively lowering the barrier to utilizing the data for enterprise ML, there is an urgent need for the right data-focused tools to build high performing models fast. Galileo is based in San Francisco and backed by Battery Ventures, Walden Catalyst and The Factory. For more information, visit https://www.rungalileo.io or follow @rungalileo. Contacts Media Contact Leigh Disher [email protected]
 
Mark Tercek, Peter Gross, Joe Weinman, and Stacey Shulman join world-class board comprised of thought leaders, technologists and environmentalists DOVER, Del.–(BUSINESS WIRE)–Redivider today announced the appointment of four new advisory board members to drive the company’s mission of delivering energy with impact. Mark Tercek, Peter Gross, Joe Weinman, and Stacey Shulman will join existing members Francis Suarez, Tad Hunt, and Tony Greenberg, creating a world-class advisory board with a focus on people, planet and profit. “Redivider is transforming the data center industry by leveraging sustainable technology to benefit the planet and humanity, and so it was important to appoint an advisory board that shared our passion for our mission and values,” said Tom Frazier, co-founder & CEO, Redivider. “Our board offers unparalleled experience and a wealth of knowledge we will leverage to help grow our company and achieve our goals.” About Redivider’s new advisory board members: Mark Tercek advises private sector and NGO leaders on ambitious environmental strategies. He previously served as the CEO of The Nature Conservancy (2008-2019) and as partner and managing director at Goldman Sachs (1984-2008). He is the author of the bestselling book “Nature’s Fortune: How Business and Society Thrive by Investing in Nature.” “Redivider has set out to make a real difference in the data center industry that will have far-reaching economic and environmental effects.” – Mark Tercek Peter Gross is an internationally recognized technology and energy expert. A titan in the data center industry, Peter has been at the forefront of many innovations that have transformed compute infrastructure, and is recognized as a thought leader in the mission-critical information, communication, and infrastructure design realm. “Redivider’s focus on people, planet and profits has positioned the company to be a leader in the next evolution of the data center industry.” – Peter Gross Joe Weinman is a noted authority on cloud and edge computing, digital strategy, and IT economics. A prolific speaker, Joe has appeared at more than 450 events on six different continents and been awarded 27 patents. In his career, Joe has held executive positions at Telx, Bell Labs, AT&T, and HP, and is the author of the acclaimed books “Cloudonomics” and “Digital Disciplines.” “For too long, traditional data centers have been associated with negative effects on the environment. Redivider is shattering that image with a thoughtful mission to create positive change.” – Joe Weinman Stacey Shulman is vice president of Intel’s Network and Edge Computing Group. In a career spanning more than 25 years, Stacey has spearheaded multi-billion-dollar initiatives to drive digital transformation. She combines her expertise in artificial intelligence, machine learning, and data with a strong focus on social impact and sustainability. “Redivider is showing that responsible edge computing is not only good for the planet, but is good for business as well.” – Stacey Shulman Founded in 2021 by Tom Frazier, Eric Appelblom and a team of veteran experts, Redivider is on a mission to deliver edge data centers with a simultaneous focus on sustainability and impact. The advisory council was formed in collaboration with RampRate, a global advisory firm. For more information on Redivider, visit www.redivider.co. About Redivider Redivider is delivering on its mission to uplift humanity and create a positive environmental impact by deploying edge data centers in Opportunity Zones throughout the United States. By focusing on people, planet and profits, in that order, Redivider is solving the business need for increased computing amidst scarce energy while helping close the US economic divide. For more information, visit www.redivider.co. Contacts Donna Loughlin Michaels for Redivider LMGPR [email protected] (408) 393-5575
 
EDX Markets provides a trusted, efficient, and liquid cryptocurrency trading experience EDX to launch new clearinghouse business later this year to provide members with the most competitive and capital efficient market through a single settlement process New EDX funding round welcomes additional strategic investors to accelerate platform development and market expansion HOBOKEN, N.J.–(BUSINESS WIRE)–EDX Markets (EDX), the first-of-its-kind digital asset marketplace designed to enable safe and compliant trading of digital assets through trusted intermediaries, today announced the successful launch of its digital asset market and the completion of an investment round with new equity partners. Already backed by a consortium of major financial institutions, EDX has opened trading as the crypto marketplace of choice for industry leaders and builds on best practices from traditional finance to provide customers with distinctive benefits including liquidity, competitive quotes and a unique, non-custodial model designed to mitigate conflicts of interest. EDX also introduced a retail-only quote to the crypto markets, allowing participants the benefit of better pricing for retail-originated orders. Products traded on EDX include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH). Later this year, EDX will launch EDX Clearing to settle trades matched on EDX Markets. The clearinghouse will facilitate trades against a central counterparty, allowing participants to benefit from enhanced price competition and reduced settlement risks, while increasing operational efficiencies. EDX’s launch and the announcement of EDX Clearing come as the company recently closed a new funding round that welcomed additional strategic investors, including Miami International Holdings, DV Crypto, GTS, GSR Markets LTD, and HRT Technology. These firms join a coalition of founding investors, including Charles Schwab, Citadel Securities, Fidelity Digital AssetsSM, Paradigm, Sequoia Capital, and Virtu Financial. The new funding will support EDX as it continues to develop its trading platform and solidifies its market leadership position. “EDX’s ability to attract new investors and partners in the face of sector headwinds demonstrates the strength of our platform and the demand for a safe and compliant cryptocurrency market,” said Jamil Nazarali, CEO of EDX. “We are committed to bringing the best of traditional finance to cryptocurrency markets, with an infrastructure built by market experts to embed key institutional best practices. With the endorsement of our new and growing list of investors and customers, we’re proud to launch trading and look forward to further enhancements to our offering. Looking ahead, EDX Clearing will be a major differentiator for EDX — and resolve an unmet need in the market – by enhancing competition and creating unparalleled operational efficiency through a single settlement process.” Contacts [email protected]
 
Canada Crypto Week Kicks off with the Country’s Largest & Longest Running Crypto Conference Back for its 5th Year TORONTO–(BUSINESS WIRE)–Untraceable, a veteran blockchain events company that has been organizing crypto events for over a decade, announces that the 5th annual Blockchain Futurist Conference is set to take place on August 15–16, 2023 in Toronto, Canada. Located at Rebel Entertainment Complex and Cabana Pool Bar, this unconventional venue provides a Web3-centric experience, complete with crypto-enabled helicopter rides, interactive NFT Galleries and marketplaces, Bitcoin ATMs, blockchain bootcamps for beginners and more, all taking place in a one-of-a-kind venue overlooking Lake Ontario. As the flagship event of Canada Crypto Week, there will be more than 30 separate crypto events and meet-ups taking place over the course of the week, including the inaugural ETHWomen and the second annual ETHToronto hackathons. As Canada’s largest and longest running Web3 event, Blockchain Futurist Conference will bring together over 10,000 attendees across the week , over 350 speakers, over 150 sponsors and over 200 community and media partners. The conference will feature 3 stages, 2 floors of expo booths, NFT galleries, crypto marketplaces, blockchain bootcamps, developer hackathons, networking events and more. Prominent speakers include Charles Hoskinson, Founder of IO Global, most well-known for Cardano, Michele Romanow, “Dragon” on CBC Dragons’ Den and Co-Founder & Executive Chairman of Clearco, Anthony Di Iorio, Founder of Andiami, Decentral and Ethereum, and Ethan Buchman, Co-Founder of Cosmos and CEO of Informal Systems. This year will include a focus on Artificial Intelligence technologies, with a speaker even being the infamous ChatGPT AI. The conference will also feature top companies in the industry. Prominent brands include NDAX, XDC, WonderFi, Brave, Arbitrum, Foundry, MetisDAO, Chainanalysis, StifleGMP, Parallel Gaming, Stratos, Starkware, and zk Era. “I am thrilled to present the culmination of over 10 years of Untraceable’s unwavering commitment to building the Canadian blockchain ecosystem. The Blockchain Futurist Conference stands as a beacon of Canadian innovation, uniting a global audience right here in Canada. As a Toronto-based female founder in a male-dominated industry, we proudly lead with the highest number of female participants worldwide, shaping a more inclusive future. Get ready for a groundbreaking gathering that will redefine possibilities and shape the future of blockchain. Says Tracy Leparulo, the Founder of Untraceable and Organizer of Blockchain Futurist Conference. Blockchain Futurist Conference is true to its ethos and enables cryptocurrency payments for everything onsite, including: outdoor vendors, food trucks, carnival stations, ticketing, Bitcoin ATMs, NFT access passes, and even crypto-enabled helicopter rides. The conference is also the grounds for sub-events taking place during Canada Crypto Week. Some sub-events to look forward to this year include Kraken VIP Happy Hour, Bored Ape Club Meetup, and F3 Ventures Female Founder Showcase. This year’s conference will again feature Untraceable’s event engagement token, UNNY. The token uses gamification to power the conference’s engagement, and provides exclusive rewards. Attendees are incentivized to visit expo booths, attend speaker sessions, and create positive real world actions onsite among other activities. Last year, thousands of attendees earned UNNY to claim rewards such as access to food stations, front row seats to Vitalik Buterin’s talk, and helicopter rides onsite. “For the past 7 years, we have pioneered the integration of blockchain gamification in events, revolutionizing the attendee experience. Through the UNNY Token, we create real-world engagement that translates into tangible impact. Serving as the currency for conference payments, including food trucks, marketplace, and carnival activations, the UNNY Token showcases the potential of programmable money in driving positive real-life outcomes. As Central Bank Digital Currencies (CBDCs) continue to rise, our token exemplifies the power of this transformative technology to incentivize and promote real-life positive change.” says Tracy Leparulo Opportunities are now open to get involved as a sponsor, exhibitor, media partner, NFT artist, speaker or attendee. Tickets are on sale now at futuristconference.com If you are still reading this press release, congratulations… We want to reward you with 1000 points for the UNNY Event Gamification. CODE: “Futurist2023“ Save this code for later when the game begins. Subscribe at unny.io About Untraceable: Since 2013, Untraceable events has been at the forefront of organizing blockchain events worldwide. Over the past decade, the company has spearheaded pivotal Web3 conferences across the globe, from the Bahamas and Barbados to Australia, Italy, New York, Chicago, and their hometown of Toronto, Canada. Under the leadership of Tracy Leparulo, a female founder, the team has achieved significant milestones, including the organization of Canada’s inaugural Bitcoin Expo in 2014, the world’s first Ethereum Hackathon in 2014 with the original Ethereum team, and the groundbreaking Security Token Conference in 2017. With an impressive portfolio of over 150 major Web3 events, Untraceable is widely recognized for their expertise. Notably, their flagship event, the Blockchain Futurist Conference, stands as Canada’s largest Web3 Conference, attracting over 10,000 attendees as part of the illustrious Canada Crypto Week, an event series they proudly organize. Contacts 917-900-2534
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