Meta Tower, an avant-garde player in the blockchain sphere, is thrilled to unveil its strategic plan for the imminent listing of $MT on Kanga Exchange, set to go live on September 26. This momentous step underscores Meta Tower’s dedication to advancing Social Media 3.0 and propelling the globe into the metaverse. In the lead-up to the listing event, Meta Tower is reaching out to blockchain aficionados, adept social media connoisseurs, and lifestyle influencers keen on engaging their target audience and nurturing robust connections with the brand, its vision, and its devoted team. Meta Tower’s accomplished team has initiated a community airdrop to cultivate awareness, foster positive word-of-mouth, and enhance visibility within the lifestyle and gaming metaverse, celebrating this noteworthy listing. Participants now stand a chance to win prizes denominated in $USDT and $MT for actively immersing themselves in the MT ecosystem. Beyond the allure of awards, this initiative aims to educate the broader populace about the metaverse and blockchain, prompting them to delve into MT Tower and acquire profound insights into its pivotal role in shaping the future of social media. Currently, MT Tower is amidst a highly successful final round of its MT Token presale, rendering this a propitious moment to unveil this engaging program. Meta Tower, as it gears up for its imminent listing on a centralized exchange and maintains its steadfast commitment to realizing its outlined roadmap, seamlessly aligns the integration of this initiative with the company’s overarching objectives. Prospective individuals with keen interest are encouraged to reach out to Meta Tower through the official channels for further inquiries or to partake in this engaging initiative. About Meta Tower: Meta Tower is a lifestyle and gaming platform that empowers individuals to forge new social connections, engage with brands, and construct their world, sharing it with a global community inside and outside the metaverse. Users can unleash their creativity beyond real-world limitations with various customization tools. Leveraging content generated within MT Tower, users navigate life as Virtual Influencers across various social media platforms. In response to the demands of our discerning audience seeking an innovative platform revolutionizing cultural, virtual, artistic, brand, and interpersonal engagement, Meta Tower emerges as the quintessential space. Within virtual interactions, the Metaverse, we envision an expansive domain transcending conventional social media platforms. Meta Tower uniquely addresses these desires through tokens, entertainment, and immersive experiences, providing a distinctive avenue for self-expression and meaningful connections in the metaverse. “We aim to break the rules of traditional social media. Most platforms today follow the same rules and ideology, and we want to take people to a new, cultured, and artistic virtual social platform to be the creators of their own fame and influence.” – Igor Łukasik, CEO of MT Tower. As the countdown to the $MT CEX listing on Kanga Exchange continues, Meta Tower remains steadfast in its mission to redefine social interactions and media consumption. The upcoming listing is a testament to Meta Tower’s commitment to shaping the metaverse landscape and opening up new realms of possibility for its ever-growing community. Stay tuned for this exciting milestone and the promising future that lies ahead. Website: https://www.metatower.com/ Airdrop: https://zealy.io/c/mttower/questboard Twitter: https://twitter.com/mt_tower Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release. Recommended for you https://thenewscrypto.com/the-best-alternative-assets-in-modern-investing/

The Avalanche Subnet-based decentralized exchange (DEX), Dexalot, has introduced two significant new features. Together, SimpleSwap and SimpleView enable traders to take advantage of portfolio visibility improvements and AMM-style swaps. Dexalot has more advanced functionality than a traditional DEX since it is a central limit order book (CLOB) exchange. Dexalot has introduced SimpleSwap and SimpleView to guarantee users have the best possible experience, combining the ease of use of a DEX with the sophisticated trading capabilities of a CEX. On September 19, when SimpleSwap is expected to become live, customers will be able to take advantage of a CLOB’s narrow spreads and competitive pricing while still enjoying the familiar look and feel of AMM atomic swaps seen throughout DeFi. Due to the clear, uncluttered UI, Dexalot traders will be able to switch between tokens fast and simply. This functionality will enhance the order book format already in use. Users of SimpleSwap will have the option of trading directly on the Dexalot platform or via third-party aggregators. Users may use SimpleSwap anywhere they like to trade thanks to Dexalot’s connectivity with a number of aggregators. They will be able to take advantage of the top-notch price that Dexalot is known for, including unmatched onchain pricing for assets like WETH.e and BTC.b. Dexalot is introducing SimpleView in an attempt to help its ongoing efforts to improve user experience. Users may quickly monitor the state of their portfolio with the aid of this quick-look account abstraction tool. It might be challenging to maintain track of tokens while utilizing a CLOB exchange since traders often have assets in many marketplaces. This issue is resolved by SimpleView, which makes it simple for traders to ascertain the worth and make up of their portfolios. Dexalot has executed over 17 million transactions since going live on its own Avalanche Subnet, with a daily trade volume of up to $5 million. Wall Street financial professionals that are on its staff have contributed their expertise to making Dexalot the most sophisticated decentralized exchange of its type. Dexalot has also just received up to $3 million in user incentives from Avalanche’s Multiverse Fund.

Distributed digital identity and passwordless MFA platform prevents identity impersonation, account takeover and fraud while delivering frictionless user experiences EAST BRUNSWICK, N.J.–(BUSINESS WIRE)–#Blockchain—1Kosmos, the company that unifies identity proofing and passwordless authentication, today announced the 1Kosmos BlockID platform has been named Best ID Management Solution in the prestigious 2023 Finovate awards. The Finovate Awards recognize the companies driving fintech innovation forward and the individuals bringing new ideas to life. Best ID Management Solution is presented to an organization that excels in the area of ID management, including ID verification, KYC compliance, protecting customers’ identities and safeguarding their personal data. 1Kosmos BlockID was selected by a panel of Fintech experts. “Financial institutions face unique identity management requirements that include satisfying Know Your Customer (KYC) and Anti Money Laundering (AML) regulation, while maintaining a frictionless digital user experience for customers,” said Hemen Vimadalal, CEO of 1Kosmos. “The BlockID platform establishes a decentralized identity where credentials can be shared between parties with authenticity, security and privacy. It establishes reusable verifiable credentials which are tamper-evident and arguably more trustworthy than their physical counterparts.” 1Kosmos BlockID is a blockchain-powered identity proofing, authentication and passwordless platform that is used by banks and financial institutions to meet strict requirements for user onboarding, KYC identity verification up to NIST IAL2 and authentication up to NIST AAL2. It provides an architectural advantage through an innovative combination of capabilities including live, identity-backed biometrics; a portable, reusable identity wallet; private, permissioned blockchain; and digital verifiable credentials. 1Kosmos BlockID’s innovative technology, which is certified to NIST 800-63-3 (via Kantara), FIDO2 and iBeta biometrics, exceeds identity proofing standards. It solves current identity verification and authentication challenges for banks and financial institutions, while supporting their near-future Web 3.0 readiness through innovative distributed ledger technology that stores private identity information in a secure permissioned blockchain, not in central servers. About 1Kosmos 1Kosmos enables passwordless access for workers, customers and residents to securely transact with digital services. By unifying identity proofing and strong authentication, the BlockID platform creates a distributed digital identity that prevents identity impersonation, account takeover and fraud while delivering frictionless user experiences. BlockID is the only NIST 800-63-3 via Kantara, FIDO2 and iBeta biometrics certified platform that performs millions of authentications daily for some of the largest banks, telecommunications and healthcare organizations in the world. The company is funded by Forgepoint Capital and Gula Tech Adventures with headquarters in East Brunswick, New Jersey. For more information, visit www.1kosmos.com and follow us on Twitter and LinkedIn. Contacts Marc Gendron Marc Gendron PR for 1Kosmos 617.877.7480 [email protected]

Despite concerns about FTX liquidation, SOL’s price has surged by over 5% in a day. In 2023, SOL rallied by almost 102% compared to BTC’s 64% growth. The leading altcoin Solana (SOL) has displayed significant spring in the face of liquidation concerns, as its price surges ahead with notable gains. Over the last few days, SOL has seen impressive growth, soaring by nearly 5% in the last 24 hours alone. The current SOL price is trading above the $20 range, and the daily trading volume has surged by 43% to reach $284 million. Notably, SOL has extended its weekly gains to an impressive 12%. What makes this rally even more interesting is that it has occurred despite fears of FTX liquidating a substantial quantity of SOL tokens. This unexpected surge in investor interest in SOL signals a bullish sentiment towards the token. Since the beginning of the year on January 1, 2023, Solana has recorded a rally of nearly 102%. This performance outpaces even that of Bitcoin (BTC), which has witnessed a 64% growth during the same period. SOL has emerged as one of the standout performers in the financial market in 2023. Solana (SOL) Still in Bearish State However, it’s important to consider that Solana exhibited a bearish market structure on its daily chart, becoming apparent on August 5 when it slipped below the recent higher low of $22.63. In mid-August, SOL experienced a significant downward movement, with a 23.8% decline over 8 days, hitting its lowest point of $19.33. Also, on September 12, the price of SOL declined to $17.74. As of the current situation, the downtrend and market structure for SOL remain intact. The Relative Strength Index (RSI) is below the neutral 50, highlighting the prevailing bearish momentum. For the bullish scenario, it is crucial for SOL to hold the line at the retracement level at $20.63. A potential buying opportunity may arise if SOL tests this critical level, with potential price targets including the highs at $25.5, $29, and an ambitious target of $32. At the time of writing, the price of Solana was recorded at $20.34, indicating it is currently trading above the Exponential Moving Average (EMA). In conclusion, Solana’s recent performance has defied expectations, with the token showcasing its resilience and attracting significant investor interest. In the midst of these developments, Raoul Pal, a former Goldman Sachs executive, has expressed his bullish outlook on SOL. Pal believes that Solana is one of the most promising blockchain projects, standing shoulder to shoulder with Ethereum (ETH) in terms of potential. Recommended for you Solana (SOL) Price Prediction 2023

A Terra Classic community member with the X handle Rexyz has kicked against burning USTC tokens to enable the stablecoin to recover its dollar peg. According to the X post made on September 18, Rexyz outlines an alternative solution that may lead to USTC being re-valued $1 as well as push Terra Classic (LUNC) price to reach the $1 price mark. Since the collapse of the Terra ecosystem in 2022, the USTC stablecoin has lost its dollar peg and now trades at 98.8% below the $1 mark. Following this catastrophic event, members of the Terra Class community have continued to submit various proposals to burn more USTC contains as a deflationary mechanism that could result in the stablecoin recovering its dollar peg. Currently, the Terra Classic community is voting on a proposal that aims to direct the Binance exchange to start burning 50% of USTC every month. It is believed that if the world’s biggest exchange aids in reducing the circulating supply of USTC, it could significantly boost the token’s rise to $1. A Reverse Split Is More Efficient Than Buring Tokens, Community Member Says According to Rexyx, burning USTC tokens may not be the best way of regaining the stablecoin’s dollar peg. The Terra Classic community member explains that there are currently 9.8 billion USTC tokens in circulation, and users will need to burn massive amounts of USTC to record any significant rise in value. Alternatively, Rexyz proposes that the Terra community implements a reverse split of the USTC token, which leads to a revaluation of the stablecoin, albeit at some investment cost. In this proposal, Rexyz gives an example, stating that if 100 USTC is the current equivalent of $1, a 100/1 reverse split would convert 100 USTC to just one USTC token, which will now be valued at $1. Through this mechanism, USTC holders retain their holdings’ current value, and there is no need to burn more tokens. However, Rexyz notes that a reverse split would erase all existing network debt. This means that USTC investors will have to forfeit whatever losses incurred during the collapse of the Terra ecosystem. Could A USTC Reverse Split Rescue The Terra Classic Ecosystem? Interestingly, Rexyz also stated that the revaluation of the USTC token could initiate a recovery of the Terra Classic network. The community member explained that once USTC regains its dollar peg and the LUNC-USTC swap mechanism is tested with the implementation of improved capital controls, investors can start burning trillions of LUNC. Related Reading: USTC Surprises With Nearly 60% Rally – What’s Going On? Rexyx believes this will lead to a massive rise in LUNC’s value, and the altcoin may even record new all-time highs. Rexyz advises the Terra community to implement the reverse split of USTC and “pin” their hopes of recovering past losses by investing in LUNC, which also lost 99.9% of its market value in 2022. However, the Terra classic community member states this initiative should executed upon research and approval by the relevant experts.

A prominent Shiba Inu team member “Lucie” has shared insights on the highly anticipated Shiba Inu token burn through Shibarium, Shiba Inu’s Layer 2 blockchain, and has revealed what investors should do if they want the Shiba Inu token burns. Shiba Inu Team Member Tells Investors What To Do The content marketing specialist for Shiba Inu took to X on Monday, September 18, 2023, to address the Shiba Inu token burn questions coming from the community saying that SHIB burns are set per transaction, not based on tweets about burns. Lucie told the community that when will Shibarium initiate the SHIB burn is the wrong question and “The real question is, ‘when will you all migrate from exchanges and start using Shibarium?’” Lucie further explained that the Shiba Inu token burns through Shibarium is a collective effort from both the community and the Devs since the burns are based on transaction activity and real engagement from within the platform. She told the community that expecting burns to happen solely through transactions without active community participation is unrealistic. The marketing expert went on to highlight the security features of choosing Shibarium as an alternative to centralized crypto exchanges. She guaranteed SHIB holders that assets stored on the platform are just as safe as they would be on centralized crypto exchanges. She also stated that centralized crypto exchanges can be fragile using the case of the bankrupted centralized crypto platform FTX to back up her claims. So far, Lucie has urged the millions of SHIB holders to support this movement using Shibarium as an alternative to centralized crypto exchanges since each transaction on the platform contributes to the SHIB token burns. She also added that transaction fees are pretty low on the platform, but might increase in the future along with the higher traffic, which would translate to a higher number of SHIB being burned. Lucie also stretched her opinions to one of the most popular NFT marketplaces Opensea, inviting them to consider integrating Shibarium on the platform. Shibarium is a layer 2 blockchain built on the Ethereum network. It is a decentralized finance (DeFi) platform that was designed to serve as an alternative to centralized crypto exchanges which aims to provide a more sustainable and scalable infrastructure for Shiba Inu transactions. SHIB Price Predictions Following Shibarium’s Success For years now, Shiba Inu has been one of the most notable cryptocurrencies in the crypto market. The famous meme coin is likely to experience an upward trajectory if Shibarium becomes a success since it could catalyze a larger adoption and popularity of the SHIB tokens. SHIB token is expected to reach $0.00001038 from its current price of $0.0000073 by the end of 2023 with expectations of another crypto market rally. However, with the success of Shibarium and the new development on the platform, the SHIB token could grow up to $0.000050 by the end of 2023. Nevertheless, if the SHIB token manages to maintain this trajectory, during the next bull market the token could beat its all-time high price of $0.00008845 achieved in the 2021 bull market.

Baby Doge’s AI Image Generator launch sparks community excitement. The platform adds AI utility, enabling meme and NFT creation Baby Doge, one of the memecoins with the largest market capitalization, is currently the talk of the town as the eagerly awaited launch of the BabyDoge AI Image Generator is set to occur in less than an hour. The announcement on September 4th has ignited anticipation with its tagline, ‘Take a leap into the future of creativity. According to the Baby Doge team, The BabyDoge AI Image Generator promises to bring a new dimension to the ecosystem. Also, this platform introduces AI utility to Baby Doge, allowing users to create BabyDoge characters and memes on demand, without the need for graphic design skills. Furthermore, the platform offers integration with the world of NFTs, allowing users to pay with Baby Doge to mint their creations as NFT masterpieces. Additionally, its holders are rewarded with free image generation credits, incentivizing the community to participate actively. Despite the recent bearish trends, with a 6% decline over the past month, Baby Doge has seen a slight 1.15% surge in the last 24 hours, with a trading volume of $1 million. While the daily chart still reflects bearish control, there’s a prevailing belief within the community that the impending launch of the BabyDoge AI Image Generator will act as a catalyst for a positive turnaround.

Remote-First-Company/SAN DIEGO–(BUSINESS WIRE)–Coinbase Global, Inc. (the “Company” or “Coinbase”) today announced the final results of its previously announced offer to purchase for cash (the “Tender Offer”) up to $180.0 million in aggregate purchase price (the “Maximum Tender Amount”), excluding accrued and unpaid interest, of its 3.625% Senior Notes due 2031 (the “Notes”). The Tender Offer expired at 11:59 p.m., New York City time, on September 18, 2023 (the “Final Expiration Time”). The Company expects to accept for payment and make payment on September 20, 2023 (the “Final Settlement Date”) with respect to all Notes validly tendered and accepted for purchase after 11:59 p.m., New York City time, on September 1, 2023 (the “Interim Expiration Time”), but at or prior to the Final Expiration Time, subject to the conditions set forth in the Company’s offer to purchase, dated August 7, 2023 (as amended, the “Offer to Purchase”). Holders of the Notes (“Holders”) who validly tendered their Notes after the Interim Expiration Time but at or prior to the Final Expiration Time, in the manner described in the Offer to Purchase, are eligible to receive the Total Consideration (as defined below) for the Notes accepted for purchase. Holders will also receive accrued and unpaid interest on their Notes validly tendered and accepted for purchase from the most recent interest payment date for the Notes up to, but not including, the Final Settlement Date. No further action is required to be taken by Holders who have already validly tendered their Notes in order to receive the Total Consideration (as defined below), plus accrued and unpaid interest, on the Final Settlement Date. As of 5:00 p.m., New York City time, on August 18, 2023 (the “Early Tender Time”), holders of $50,034,000 aggregate principal amount of the Notes had validly tendered and not validly withdrawn their Notes. On August 22, 2023 (the “Early Settlement Date”), the Company accepted for purchase $50,034,000 aggregate principal amount of the Notes. As of the Interim Expiration Time, an additional $211,062,000 in aggregate principal amount of the Notes were validly tendered. On September 6, 2023 (the “Interim Settlement Date”), the Company accepted for purchase $211,062,000 aggregate principal amount of the Notes. According to information provided by Global Bondholder Services Corporation, the tender and information agent for the Tender Offer (the “Tender and Information Agent”), following the Interim Expiration Time, but at or prior to the Final Expiration Time, an additional $1,447,000 in aggregate principal amount of the Notes were validly tendered. Together with the Notes accepted for purchase at the Early Settlement Date and the Interim Settlement Date, a total of $262,543,000 in aggregate principal amount outstanding of the Notes were validly tendered in the Tender Offer. As previously announced, Holders who validly tendered their Notes at or prior to the Final Expiration Time are eligible to receive $675.00 per $1,000 principal amount of Notes validly tendered (the “Total Consideration”) for the Notes accepted for purchase. The following table sets forth certain information relating to the tender offer: Issuer Title of Security CUSIP Number/ ISIN (1) Aggregate Principal Amount Outstanding (2) Aggregate Principal Amount Tendered after Interim Expiration Time (2) Aggregate Principal Amount Expected to be Accepted for Purchase on Final Settlement Date (3) Aggregate Amount to be Paid (4) Total Consideration(5) Coinbase Global, Inc. 3.625% Senior Notes Due 2031 144A CUSIP/ISIN: 19260Q AD9 / US19260QAD97 Regulation S CUSIP/ISIN: U19328 AB6 / USU19328AB62 $1,000,000,000 $1,447,000 $1,447,000 $1,001,349 $675.00 __________ (1) CUSIP information is provided for the convenience of Holders. No representation is made as to the correctness or accuracy of such numbers. (2) As of the Final Expiration Time and not including Notes accepted for purchase by the Company on the Early Settlement Date or the Interim Settlement Date. (3) Not including Notes accepted for purchase by the Company on the Early Settlement Date or the Interim Settlement Date. Subject to satisfaction or waiver of the conditions set forth in the Offer to Purchase, the Company anticipates that all Notes tendered after the Interim Expiration Time, but at or prior to the Final Expiration Time, will be accepted for purchase in accordance with the terms of the Tender Offer, as amended, on the Final Settlement Date. However, there can be no assurance that the conditions set forth in the Offer to Purchase will be satisfied or waived. (4) With respect to Notes expected to be accepted for purchase on the Final Settlement Date, inclusive of accrued and unpaid interest. (5) Per $1,000 principal amount of Notes validly tendered and accepted. Citigroup Global Markets Inc. served as Dealer Manager for the Tender Offer. Questions regarding the Tender Offer should be directed to Citigroup Global Markets Inc. at (800) 558-3745 (U.S. toll-free) and (212) 723-6106 (New York). Copies of documents relating to the Tender Offer may be obtained from the Tender and Information Agent at http://www.gbsc-usa.com/coin, or by telephone at (855) 654-2015 or (212) 430-3774. This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any security. No offer, solicitation, or sale will be made in any jurisdiction in which such an offer, solicitation, or sale would be unlawful. This press release does not describe all the material terms of the Tender Offer, and no decision should be made by any Holder on the basis of this press release. The Offer to Purchase contains important information which should be read carefully before any decision is made with respect to the Tender Offer. Disclaimer None of the Company, the Dealer Manager, the Tender and Information Agent or the trustee for the Notes, or any of their respective affiliates, is making any recommendation as to whether Holders should or should not tender any Notes in response to the Tender Offer or expressing any opinion as to whether the terms of the Tender Offer are fair to any Holder. Holders must make their own decision as to whether to tender any of their Notes and, if so, the principal amount of Notes to tender. Please refer to the Offer to Purchase for a description of the offer terms, conditions, disclaimers and other information applicable to the Tender Offer. About Coinbase Coinbase is building the cryptoeconomy – a more fair, accessible, efficient, and transparent financial system enabled by crypto. The Company started in 2012 with the radical idea that anyone, anywhere, should be able to easily and securely send and receive Bitcoin. Today, Coinbase offers a trusted and easy-to-use platform for accessing the broader cryptoeconomy. Cautionary Statement Regarding Forward-Looking Statements This press release contains “forward-looking statements” including, among other things, statements relating to the anticipated cash expenditure to consummate the Tender Offer, as well as the completion, timing and size of the Tender Offer. Statements containing words such as “could,” “believe,” “expect,” “intend,” “will,” or similar expressions constitute forward-looking statements. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those described in such forward-looking statements, including those described in the “Risk Factors” section of the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2023 and other filings with the Securities and Exchange Commission. New risks and uncertainties emerge from time to time and it is not possible for the Company to predict all risks that could have an impact on any forward-looking statements contained herein. Forward-looking statements in this press release are based on the Company’s beliefs and assumptions and on information available to the Company’s management as of the date they are made. Investors should not place undue reliance on any such forward-looking statements. Except as may be required by law, the Company undertakes no obligation, and does not intend, to update these forward-looking statements after the date of this press release. Contacts Press: [email protected] Investors: [email protected]

Winner will be decided at Urban Tech Forward in Warsaw SAN FRANCISCO–(BUSINESS WIRE)–Hayden AI, a leader in artificial intelligence and machine learning, was named an Urban Tech Challengers finalist. The winner will be announced in October following a pitch competition at Urban Tech Forward, Europe’s premier event for urban technology innovators. Hayden AI is one of 15 finalists in the Optimizing Urban Operations category. The company’s technology solutions for public transportation have been demonstrated to increase bus speeds, improve on-time performance, lower greenhouse gas emissions, and reduce vehicle collisions. Urban Tech Challengers is a global competition for technology startups with products designed to make cities sustainable, resilient and equitable. The competition is hosted by Urban Tech Forward, an annual conference occurring this year on October 25th and 26th in Warsaw, Poland. “Making cities safer, smarter, and more sustainable is the center of what we do at Hayden AI,” said Chris Carson, Hayden AI founder and CEO. “We’re thrilled to be an Urban Tech Challengers finalist and look forward to competing for – and winning – the top spot in October.” Hayden AI is the United States market leader in mobile automated bus lane enforcement and bus stop enforcement, with over 650 camera systems installed on transit buses across the country. The company provides this technology to New York City’s Metropolitan Transportation Authority (MTA) and the Washington Metropolitan Area Transit Authority (WMATA) in Washington, DC, and has completed successful pilots with transit agencies in Philadelphia and Santa Monica, California. Hayden AI’s mobile perception platform is packed with patented, industry-leading technologies in categories such as computer vision, machine learning, edge processing and hardware. Most recently, the company was awarded patents for its blockchain-powered data management system for traffic enforcement applications – designed to keep data secure and private – and its behind-the-windshield camera system that can successfully detect objects and license plates in low light and all weather conditions. About Hayden AI: At Hayden AI, we’re pioneering real world problem solving powered by AI and machine learning. From bus lane and bus stop enforcement to digital twin modeling and more, our clients use our mobile perception system to speed up transit, make streets safer, and create a more sustainable future. Learn more at www.hayden.ai. Contacts Jenna Fortunati [email protected]

Cross-Chain RWAs to form a ‘superhighway’ connecting Web3 users everywhere to any financial asset NEW YORK–(BUSINESS WIRE)–$AXL #DigitalAssets—Provenance Blockchain, the leading decentralized blockchain purpose-built for financial services with over $8 billion in real-world financial asset (RWA) total value locked (TVL), and Axelar, the leading Web3 interoperability platform, have integrated with the intent to better connect the financial ecosystem across blockchains. The strategic collaboration will also be announced today on stage at the Real-World Asset Summit in New York. The tokenized asset market is expected to grow in value from $300 billion to over $16 trillion by 2030, supporting the need for an efficient ability to securely move financial assets cross-chain. Financial assets require interoperability to enable seamless and efficient transfer, trade and interaction across various platforms, markets and financial institutions. This will ensure liquidity, accessibility and flexibility for investors and market participants, while reducing friction and inefficiencies in the global financial ecosystem. Aiming to ease access to financial assets across decentralized blockchains, Provenance Blockchain and Axelar have integrated, connecting the leading layer-one blockchain for RWAs with the leader in blockchain interoperability, connecting 49 chains. As a complete blockchain solution for regulated financial services, Provenance Blockchain has supported over $15 billion in on-chain financial transactions. The ecosystem of participants includes more than 70 global institutions and leading innovative fintechs, such as Apollo Global Management, Hamilton Lane, Guaranteed Rate, Homepoint, Movement Mortgage and Figure Technologies. Blockchain-native and active financial use cases on the Provenance Blockchain include private equity, funds, payments, loans, insurance and trade finance. “The overall experience on modern blockchain-enabled financial rails is significantly improved with interoperability,” said Provenance Blockchain Foundation CEO Anthony Moro. “We needed a superhighway connecting all the asset owners, buyers and sellers across various marketplaces and major blockchains – so that assets can move seamlessly across Web3. This is a capability Axelar is able to deliver in a secure and efficient manner.” Axelar is the largest interoperability platform in Web3, connecting diverse public blockchains via a secure and programmable cross-chain network. Integrating Axelar means Provenance Blockchain’s growing list of on-chain RWAs is connected to Web3 seamlessly and securely, with the support of services and developer tools built on Axelar’s programmable cross-chain platform. Axelar goes beyond simple asset bridges, providing General Message Passing (GMP) so that applications can deliver seamless cross-chain experiences to users. With a dynamic set of 75 validators running a proof-of-stake protocol, Axelar keeps cross-chain assets secure and makes cross-chain applications scalable. “Web3 doesn’t have to be constrained to public blockchains, much less by the boundaries of a single blockchain,” said Axelar co-founder Sergey Gorbunov. “It can reach well beyond. With Provenance Blockchain, Axelar extends its vision of an interoperable Web3 into the world of traditional finance, putting a global, verified and composable financial system in the hands of users in all investment categories. Moro and Gorbunov will discuss what interoperable RWAs mean for the future of finance on-stage Tuesday at the RWA Summit in New York. About Provenance Blockchain Provenance Blockchain is modernizing financial services with an open source, decentralized blockchain that is purpose-built and properly permissioned. The leader powering financial services with over $8B in real-world financial asset value locked (TVL) and over $15B in supported financial transactions, Provenance Blockchain is leveraged by more than 70 leading firms, from the largest banks and asset managers to the most innovative emerging fintechs. Provenance Blockchain enables regulated financial service firms of all sizes to seamlessly and securely deploy and manage the full lifecycle of digitally-native financial assets at scale with interoperability on blockchain technology. Founded in 2018, Provenance Blockchain is a complete blockchain solution optimized for compliance and built with Cosmos SDK and IBC integration. The native utility token, HASH, is used to pay transaction fees and enable governance. Please visit Provenance Blockchain at Provenance.io and follow us on Twitter @provenancefdn and on LinkedIn. About Axelar Axelar is the full-stack interoperability layer for Web3. The network enables blockchain as a new kind of development platform, integrating diverse networks into a seamless “Internet of blockchains.” Axelar is programmable and decentralized, secured by a proof-of-stake token, AXL. Application users access any digital asset or application, with one click. Developers work with a simple API and access an ecosystem of tools and service providers. More about Axelar: axelar.network Contacts Representing Provenance Blockchain Foundation: Ryan Dicovitsky Dukas Linden Public Relations [email protected] Representing Axelar: Karla Vilhelem Market Waves Public Relations [email protected]

Aiming to redefine access for dApp developers, Orderly Network proudly announces its strategic partnership with global crypto payment giant, MoonPay. This union stands as a testament to the growing push for self-custody and a clear transition from Centralized to Decentralized Finance (DeFi). Despite the surge in DeFi adoption, many enthusiasts still use centralized exchanges (CEXs) as their gateway. This collaboration with MoonPay offers a direct bridge into the DeFi world, bypassing traditional CEXs. A fiat onramp has always been a massive barrier for dApp builders. Now, with the Orderly-MoonPay widget, soon to be a standout feature in the Orderly SDK, any dApp using Orderly will be able to accept fiat through MoonPay. Further sweetening the deal for dApp builders, Orderly offers exclusive benefits. Enjoy VIP fee discounts with MoonPay and exclusive access to MoonPay’s Business Development team, facilitating tailored feature requests exclusive to projects powered by Orderly Network. “Our partnership with MoonPay wasn’t just a choice; it was a strategic imperative. They are a globally recognized leader in Web3 infrastructure. This marks a stride towards shaping a comprehensive DeFi ecosystem. We’re not just providing trading tools; we’re crafting end-to-end infrastructure,” noted Arjun Arora, COO at Orderly Network. “MoonPay’s infrastructure powers frictionless payment experiences for millions of users, and we’re eager to introduce this offering to developers leveraging Orderly Network,” said Ivan Soto-Wright, CEO and Co-Founder at MoonPay. “Available in the Orderly SDK, developers can now implement our on-ramp solution to build user-friendly DeFi applications that champion self-custody.” Both Orderly and MoonPay envision a barrier-free entry into DeFi, fostering a future where decentralization is not just a buzzword, but the norm. About MoonPay: MoonPay is the world’s leading Web3 infrastructure company. It provides end-to-end solutions for payments, enterprise-scale digital asset and smart contracts minting, and world-class design to power Web3 strategies and ideas for the world’s most iconic brands. MoonPay is active in more than 160 countries and is trusted by 500+ partners, including leading wallets, commercial brands, and applications. For more information, visit: https://www.moonpay.com/ About Orderly Network: Orderly Network is an omnichain trading infrastructure that unifies liquidity across blockchains. We are building the ultimate trading lego for seamless dApp integration by any builder on any blockchain. We are transforming DeFi by combining the transparency and composability of DEXs, with the speed and performance of CEXs. For further inquiries, please contact: [email protected] Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

The Bitcoin Coinbase Premium Gap has been positive during the past few days, implying the surge above $27,000 may be driven by the platform’s users. Coinbase Users Have Been Participating In Aggressive Bitcoin Buying Recently In a new post on X, the CryptoQuant Netherlands community manager, Maartunn, has pointed out how there appears to have been buying going on at Coinbase recently. The relevant indicator here is the “Coinbase Premium Gap,” which keeps track of the difference between the Bitcoin prices listed on the cryptocurrency exchanges Coinbase and Binance. The former platform is more popular among US-based investors (including large institutional holders), while the latter receives more global traffic. As such, the Premium Gap’s value may provide insight into how the behaviors of these two audiences differ. When the value of this metric is positive, it means that the price on Coinbase is greater than that on Binance right now. This would imply that the American investors have either been applying a higher buying pressure or a lower selling pressure as compared to the global users. Now, here is a chart that shows the trend in the Bitcoin Coinbase Premium Gap over the last few days: As displayed in the above graph, the Bitcoin Coinbase Premium Gap had been negative earlier in the month, implying that Coinbase users had been selling more than Binance users. The metric had turned especially deep in the leadup to and during the plunge towards the $25,000 level, suggesting the selloff was driven by the American holders. During the recovery that had followed, the Premium Gap had turned positive, but only after a delay, implying that the US-based investors didn’t initially contribute towards the surge. Since then, however, the indicator has remained at notable positive values, meaning that the platform’s user base has been constantly accumulating the cryptocurrency. From the graph, it’s visible that the buying on Coinbase appears to have only ramped up during the past couple of days, as the Premium Gap has observed a sharp spike. The timing of this surge could indicate that the US-based investors are the ones helping the asset’s recent growth beyond the $27,000 level. This is a good sign, naturally, as strong buying pressure from the US institutional holders could provide the appropriate fuel for the cryptocurrency to retest higher levels. It now remains to be seen whether the Bitcoin Coinbase Premium Gap would continue to remain at positive values in the coming days, or if buying would cool down on the platform. BTC Price Bitcoin had observed a sharp drop from the $27,200 level to $26,600 yesterday but has since made a swift recovery back to the mark, as the below chart displays.

Advances in Computer Vision Will Enable Cameras to Detect Inconsistencies in AI-generated Content PORTLAND, Ore.–(BUSINESS WIRE)–#3d–PreAct Technologies (PreAct), an Oregon-based developer of near-field flash LiDAR technology, says that future camera sensors will be able to determine the difference between real objects and AI-generated deep fakes. In the digital age, reality and fiction have started to blur into one another, often making it challenging to discern fact from fabrication. With the advent of deep fakes and advanced CGI, the fidelity of our visuals has been questioned repeatedly. Nowhere is this more evident than in computer vision. Computer vision has become a horizontal technology and is poised to significantly impact numerous industries, including automotive, medical imaging, retail, health and safety, security, and entertainment. Computer vision’s social impact is only starting to come into focus (pun intended). Deep Fakes and Their Dilemma In the near term, computer vision will exacerbate problems with deep fakes in the media and communication industries as the authenticity of images and videos is under threat. A looming question resonates: How do we know if what we see is real? It’s unsettling to imagine a scenario where we doubt whether the person we chat with on Zoom is who they claim to be. This brings forth the notion of dual-factor authentication for video calls — a step to ensure that the individual on the other side is genuine. In addition to this unease, companies are venturing into posthumous video chats, allowing individuals to converse with digital replicas of loved ones long after passing. The Washington Post aptly termed one such venture “the next step in the human quest for immortality.” Moreover, the entertainment industry faces its own set of challenges. Hollywood is abuzz with concerns about AI potentially replacing actors and writers. This is not unfounded; recent films, like the latest Indiana Jones movie, showcased a de-aged Harrison Ford, presenting him in a rendition 40 years younger. The looming question arises: How far are we from movies being entirely created by AI, sans human involvement? This dystopian future does ring bells reminiscent of narratives from shows like “Black Mirror.” Combatting Fakes: The Role of Future Cameras While the above might paint a grim picture, there’s a silver lining. The very technology responsible for these concerns can also be the solution. As computer vision progresses, it can be employed to detect inconsistencies in AI-generated content. Micro-Expressions and Biometrics: AI-generated faces, no matter how lifelike, might still struggle to perfectly replicate micro-expressions or minute facial movements that are inherently human. Cameras of the future, with high-resolution sensors and advanced algorithms, can be trained to identify these subtle differences. Pixel Analysis: AI-generated visuals often leave behind patterns at the pixel level that can be indicative of their artificial nature. Future cameras can discern between factual and fabricated content by analyzing pixels for anomalies or inconsistencies. Metadata Verification: Every digital image or video comes with metadata about when, where, and how it was captured. By verifying the integrity of this metadata, future cameras can validate the authenticity of the content. Source Verification: Cameras can also be linked to Blockchain or similar decentralized databases to verify the source of the content, ensuring its legitimacy. The Union of Depth Sensing and Blockchain: A Shield Against Digital Deception While the advancement in AI and computer vision has paved the way for many innovative applications, it has also increased digitally manipulated content. This raises a concern: How do we discern reality from fabrication, especially in real-time? One proposed solution lies at the intersection of depth sensing and blockchain technology. Let’s delve into how these two technologies can collaboratively combat the rise of deep fakes and digital forgeries. Depth Sensing: More than Meets the Eye Depth sensing, a technology used to measure the distance between the sensor and objects, adds an extra layer of information to an image or video. Unlike conventional 2D images, depth maps provide a 3D spatial understanding of the scene. This gives a unique signature to the captured moment, making it incredibly challenging for AI algorithms to generate depth data consistent with the real world. Blockchain: A Digital Ledger of Authenticity On the other hand, Blockchain is a decentralized ledger system renowned for its tamper-proof design. Once data is added to the Blockchain, it becomes immutable, meaning it cannot be altered without the network’s consensus. Real Time Timestamps: The Confluence of Depth and Decentralization By combining depth-sensing with Blockchain, we can create real time timestamps that inherently distinguish genuine footage from forged content: Instantaneous Verification: As a video or image is captured, the Camera’s depth sensor simultaneously records the depth map of the scene. This depth map and the traditional image or video data are immediately hashed (converted into a fixed-size string of numbers) and added to a blockchain. Unique Signatures: The depth data is a unique signature, like a fingerprint. It’s nearly impossible for AI-generated content to replicate the exact depth nuances of a real-world scene. Immutable Timestamps: Once this data is recorded on the Blockchain, it creates an immutable timestamp that verifies when the content was captured. Any attempt to manipulate the image or video afterward would not match the original hash on the Blockchain, flagging it as potentially exploited. Public Verification: Due to the decentralized nature of the Blockchain, anyone can validate the content against its timestamp, ensuring transparency and trustworthiness of the footage. PreAct is building a new type of Camera. Here at PreAct, we are building the future of Sensor fusion and camera technology. Such a system has profound implications, especially for industries that rely heavily on the authenticity of visuals, such as industry, automotive, security, and law enforcement. For instance, news agencies can prove the integrity of their footage, and courts can validate the legitimacy of the evidence presented. However, it’s worth noting that while this amalgamation of depth sensing and Blockchain presents a robust solution, it is possible. Advanced AI algorithms will continue to evolve, and the arms race between digital deception and its detection will persist. Nevertheless, as we move into an increasingly digital future, the union of these technologies offers a promising shield against the onslaught of fabricated content, anchoring us to a reality that, while augmented, remains genuine at its core. While AI-generated content brings undeniable advantages, it also ushers in challenges that can undermine the authenticity of digital media. However, with advancements in computer vision, lidar technologies, and the capabilities of future cameras, we’re gearing up for a reality where distinguishing between genuine and fabricated content will become increasingly feasible. The goal is not just to marvel at technology’s prowess but to harness it responsibly for a truthful digital future. About PreAct Technologies PreAct Technologies is the market leader in near-field software-definable flash LiDAR technology and integrated SDK (software development kit). Its patent-pending suite of sensor technologies provides high resolution, affordable LiDAR solutions to a wide range of industries including robotics, healthcare, ITS, logistics, security, industrial, consumer electronics, trucking, and automotive. With unmatched quality and accuracy, PreAct’s edge processing algorithms drive technology resulting in 3D depth-maps of small objects at sub-centimeter accuracy up to 20 meters. PreAct’s LiDARs and SDK enable companies and innovators to address the industry’s most pressing business and technology needs. The firm is headquartered in Portland, Oregon, with offices in Ashburn, Virginia, and Barcelona Spain. For sales inquiries, please contact [email protected]. For more information, visit www.preact-tech.com. Contacts Angela Simoes PR for PreAct Technologies 415-302-2934 [email protected]

SBF’s parents moved millions of dollars from the FTX Group as per the allegations. The former CEO is now in prison after the court revoked his bail owing to witness tampering. Former FTX CEO Sam Bankman-Fried’s parents, Allan Joseph Bankman and Barbara Fried, are being sued by the defunct cryptocurrency exchange FTX. During FTX’s early years, Sam Bankman-Fried’s parents unlawfully moved and obtained millions of dollars, which are now being sought by FTX and Alameda Research’s debtors. Sam Bankman-Fried (SBF) was accused by FTX attorneys earlier this year of paying for his defense using money he sent to his father. FTX Trading filed a lawsuit against SBF’s parents, on September 18 to recoup losses for transfers made directly and indirectly by the couple out of FTX Trading and its subsidiaries. Indeed, FTX saw itself as a “family business” and operated for the exclusive advantage of a small handful of insiders. Advisor Bankman contributed significantly to terrible mismanagement. He even aided in the denial of claims against company executives. Assets To Be Returned to Creditors SBF’s parents, Bankman and Fried, moved millions of dollars from the FTX Group as per the allegations. FTX requests that they be held legally responsible for their actions and that their assets be returned to their creditors. FTX has filed 12 charges against Bankman and Fried, including fraud, complicity in wrongdoing, and failure to uphold fiduciary obligations. Creditors have also provided sufficient proof of fraudulent transactions made for private gain, political contributions, and the protection of company insiders. SBF is now in prison after the court revoked his bail owing to witness tampering. The trial is set to begin in early October. Since then, authorities have made many allegations of bond breach against SBF and his parents. Highlighted Crypto News Today: Huge Ethereum Whale Dumps 33K ETH to OKX, What’s Ahead?

Bitcoin price surged all the way to $27,432, its highest since August 31. Long-Term Holders now own 70% of Bitcoin’s total supply. Bitcoin, the largest crypto by market capitalization, recently surged to a momentary high of $27,432. This is the highest point it has reached since the GBTC victory over the SEC on August 29. This has left the crypto community both puzzled and hopeful as the price subsequently tumbled to $26,868 within a span of five hours. Even when BTC successfully repelled bearish threats over the past week, it continues to be closely monitored by bears. The catalyst for Bitcoin’s recent surge can be attributed to developments in the broader financial landscape. On Monday, Bitcoin experienced an upswing as the U.S. interest rate analysts adjusted their expectations, increasing the odds of the Federal Reserve maintaining its current borrowing costs for the remainder of the year. Adding to it, The United States Federal Reserve and the Bank of England are scheduled to release interest rate data on Wednesday and Thursday, respectively. Analysts say that with signals of a possible recession, investor confidence in the cryptocurrency industry has received a boost. Notably, the Fed’s tightening of monetary policy over the past year, which included a wrong point rate increase since March 2022 to combat inflation, played a role in the previous crypto crash. Meanwhile, Bitcoin’s trading volume has surged by 97% in the past 24 hours, reaching $15 billion, while Bitcoin ETFs continue to generate excitement in the market. Recent data from the prominent crypto data aggregator reveals that Long-Term Holders (LTH) now hold 70% of Bitcoin’s total supply, equivalent to 14,787,265 BTC. Furthermore, the percentage of LTHs is on the rise, with 69.2% of these long-term investors now in a profitable position after holding their Bitcoin for an average of over 155 days. Where is BTC Heading to? A closer look at Bitcoin’s recent price movements reveals an underlying bearish trend on the daily chart. The 50-day exponential moving average (EMA) hovering at $27,428 underscores this sentiment. With the daily relative strength index (RSI) at 54, Bitcoin teeters on neutral territory. BTC/USDT Daily Price Chart — MA, RSI (Source: TradingView) The next chapters of Bitcoin’s journey remain uncertain. If the price manages to surpass the $28,000 resistance level, it could test the $31,480 resistance. Conversely, a drop below the $26,370 support level might see Bitcoin testing the critical $25,000 level. Will BTC Break its Bearish Momentum? Share your thoughts by tweeting us at @The_NewsCrypto

If the price manages to break the recent high of $1666 then a further rally is expected. The cryptocurrency witnessed $4.8 million outflow last week as per CoinShare. The cryptocurrency market have experienced a widespread rebound lately with major cryptocurrencies trading in green. Ethereum’s recent fees stabilization has made the network even more appealing, and if the cryptocurrency can push through its present resistance levels, it has the potential to reach $2000 again. Moreover, a crypto whale has moved a substantial quantity of ETH to Binance. As a result of this transaction, suspicions have circulated that the value of ETH would fall. The whale has now transferred a total of 12,000 ETH to Binance in the last three weeks, when combined with the preceding transactions. There are presently 10,902 ETH and 57 other coins stored at the whale’s wallet address. High Volatility Expected Given the timing of the Ethereum whale’s move, it’s worth considering whether or not the whole cryptocurrency market may see bearish momentum following this week’s interest rate decision by Fed Chairman Jerome Powell. The price of Ethereum at the time of writing is $1649, up 0.54% in the last 24 hours as per data from CMC. Moreover, the trading volume is up 31.59%. Source: CoinMarketCap If the price manages to break the recent high of $1666 then a further rally all the way till $1738 is highly expected. On the other hand, if the price goes past the $1605 support level then price is likely to decline further to $1539 key support level. Around $54 million worth of withdrawals from digital asset investment products were made last week, making this the fifth week in a row that such outflows have occurred. Year-to-date net inflows have dropped to only $51 million due to $455 million in withdrawals in eight of the last nine weeks. In spite of positive sentiment towards Ethereum’s long-term potential and robust interest in its staking income, the cryptocurrency witnessed $4.8 million outflow last week.

The anonymous sender and strategic timing of the 33K ETH transfer are currently the factors fueling market speculation. Low transaction fee sparks debate on Ethereum network’s current state. The recent happening involving Ethereum, the second largest cryptocurrency, has caught the attention of cryptocurrency enthusiasts and market analysts alike. A staggering 33,000 ETH was transferred from an unidentified sender to the crypto exchange OKX. Whale Alert, a popular crypto whale tracker, flagged this transaction that took place on Tuesday at around 03:41 UTC. This transfer, equivalent to approximately 53.96 million USD, has sparked various speculations about its potential impact on the Ethereum market. Whale Alert reported that the transfer was executed with a minimal fee of 0.000819 ETH, or roughly $1.33. This low fee is particularly noteworthy given the size of the transaction, and it raises questions about the current state of the Ethereum network’s congestion. Typically, higher fees are associated with faster transaction times, especially during periods of high network activity. However, the low fee in this case could indicate a less congested network or perhaps strategic timing by the sender. Other Speculative Details on the 33K ETH Whale Transfer The sender’s wallet address (0x2…299) remains anonymous, adding another layer of intrigue to this whale story. While the identity of the sender is unknown, the recipient — with address 0xa…008— was identified clearly as OKX, a well-known cryptocurrency exchange. This leads to speculation about whether the transfer is a routine transaction for the exchange or if it signifies something more significant, such as a large-scale investment or even market manipulation. Moreover, the timing of the transaction is also a point of interest. Occurring in the early hours of September 19, the transfer could be strategically timed to coincide with specific market events or trends. It’s not uncommon for large transactions to be executed at times when they are less likely to attract immediate attention, thereby minimizing their immediate impact on market prices. Ethereum (ETH) Daily Price Chart (Source: TradingView) Despite the recent whale activity, Ethereum (ETH) underwent minimal price fluctuations to trade at $1,653, at press time. According to CoinMarketCap data, at the time of writing, ETH was up by 0.93% in price and 36% in daily trading volume. From the low transaction fee to the anonymity of the sender and the timing of the transfer, each aspect of this 33,000 ETH transfer offers a piece of the puzzle that market analysts will be keen to solve in the coming days. The crypto community will have to wait to see the impact of such massive transfers on Ethereum’s markets and whether they will serve as a precursor to significant market movements.

Aquanow, through its investment management subsidiary AQN Digital, has officially launched the AQN Digital Ventures Fund to support the world’s most disruptive blockchain technologies and provide investors with early-stage access to the most promising founders and businesses of tomorrow AQN Digital is the investment management subsidiary of Aquanow, specializing in providing investors with simplified access to digital assets investment strategies, including growth, income, and venture AQN Digital Ventures Fund has already invested in seven portfolio companies –– including BoomFi and Mash –– and expects to make one to two additional investments per month going forward GIBRALTAR–(BUSINESS WIRE)–Aquanow, the leading digital assets infrastructure provider, today announced the official launch of the AQN Digital Ventures Fund, managed by Aquanow’s investment management subsidiary, AQN Digital. AQN Digital Ventures Fund will support the world’s most disruptive technologies and provide investors with early-stage access to the most promising founders and businesses of tomorrow, including companies and projects that can tie into its parent Aquanow’s core business and expertise, digital asset infrastructure. “At Aquanow, we believe in creating scalable crypto systems that will be a vital part of modern financial services,” said Phil Sham, Aquanow co-founder and CEO. “AQN Digital Ventures Fund will accelerate this vision by investing in companies that address problems at various parts of the technology stack for financial service businesses building in crypto.” The Fund has invested in seven portfolio companies to date––including participating in the $3.8m seed round of digital currency payment processing platform BoomFi in June. AQN Digital Ventures Fund expects to make one to two additional investments per month moving forward. “With the support of AQN Digital and Aquanow, we look forward to transforming how crypto and digital currency payments for web3 are processed,” said Michael Si, co-founder and COO of BoomFi. “We are both thrilled and grateful to be part of a fund that is at the forefront of leading innovative efforts that will shape the next generation of financial services.” AQN Digital Ventures Fund has also invested in the $6m seed round for Lightning network startup Mash, which helps creators, builders, and developers earn money from the content they publish online. “AQN Digital’s ability to support digital asset technology companies is indicative of Aquanow’s strong brand equity that the company has cultivated over the past five years,” said Michael Kwok, AQN Digital’s Head of Venture Capital. “Aquanow has already demonstrated global leadership in powering financial service providers with crypto liquidity and infrastructure solutions, and we are excited about the future innovations and entrepreneurs that this fund will support.” In June, Aquanow was awarded initial approval by Dubai’s Virtual Assets Regulatory Authority (VARA), an indication of the company’s rapid expansion in the Middle East. The company has also been recognized at CrossTech World as recipient of the Digital Innovation Award for 2022. About Aquanow Aquanow is the leading digital assets infrastructure provider enabling crypto financial services for institutional clients. Each month, billions of dollar value pass through the company’s platform, facilitating a broad range of use cases. Aquanow serves an international customer base that includes the world’s fastest-growing banks, neobanks, brokerages, and payment companies. Established in 2018 and headquartered in Canada, Aquanow currently has 100+ team members. To learn more about Aquanow, please go to https://www.aquanow.io. About AQN Digital AQN Digital is a wholly-owned subsidiary of Aquanow, and is a registered investment fund manager specializing in digital assets strategies. AQN Digital capitalizes on the leading platform of its parent Aquanow to provide investment solutions for its partners and their clients. Contacts Chris DeLuca Marketing Manager, Aquanow [email protected]

XEC has continued its uptrend today, September 19, following a sharp spike from $0.000022 to a high of $0.000028 on September 18. This price move represents a nearly 23% increase. Although there’s been a slight pullback, its price remains around $0.000027. In the early hours of today, XEC traded at $0.000027, with a 15% 24-hour price increase. But as of the time of writing, XEC traded at $0.000026, with a 4% decline in the last 24 hours. Nonetheless, its trading volume remains up by 311% in the last 24 hours, depicting increased network activity. Interestingly, the ongoing uptrend has persisted over the past seven days with an over 17% increase in its price. The bullish momentum has allowed XEC to retain most of its past month’s gain, with an 8% 30-day price increase. But what’s driving it, and how long can it last? What Is Driving XEC’s Rally And How Long Will The Rally Last? The eCash ecosystem has witnessed exciting developments that sparked massive investor interest in the past few weeks. These developments might be the driving force behind XEC’s impressive performance. One such innovation is the eCash Mainnet integration with RocketX, a crypto-swapping platform. This integration helps users easily swap several cryptocurrencies, including BTC, ETH, and Cosmos, with the XEC token, thus increasing network activity. Furthermore, on September 13, eCash developers announced that PayButton, an online vendor payment portal, now supports XEC. The upgraded PayButton, initially launched in February 2019, will make it easier for online vendors to monitor their payments. According to the developers, the goal is to increase eCash usage online. Also, they aim to achieve increased adoption by making eCash user-friendly. The upgrade has likely spiked the interest of investors, given the rise in the global relevance of e-commerce. According to Santiment data, eCash witnessed a 270% uptick in social volume in the last three days. Also, network development has increased by 120% over the past seven days. While these developments boosted XEC’s price these past few days, the ongoing rally’s longevity remains uncertain, given the market’s unpredictable nature. However, the following analysis could provide hints. Buyers Show Dominance On The Daily Chart: Will Their Charge Sustain XEC’s Rally? A close examination of the daily chart suggests the bulls are determined to facilitate more gains for XEC. Their strong market dominance is evident in the formation of the large green candle on the daily chart. While the token’s price remains below the 200-day Simple Moving Average, the upper wick of today’s candle has a charge above this price level ($0.0000277). This suggests that the bulls intend to sustain the rally for longer. Nonetheless, XEC is bullish on the short term as the buyers have sustained its price above the 50-day SMA. This observation also confirms an ongoing accumulation of the tokens, leading to the prevailing price surge. Given these technical indicators, the uptrend will continue if XEC closes above the 200-day SMA in the coming days. Moreover, the Relative Strength Index (RSI) at 64.2, approaching the overbought area, confirms buyers’ dominance. Additionally, this setup depicts an accumulation phase as more traders open new long positions ahead of further price gains. The ongoing rally will likely persist until XEC attains an overbought condition when buyers reach saturation. However, a retracement after it enters the overbought zone is still possible.

On August 4, 2023, in New Delhi, ARIFAC conducted its first annual conference. It is expected that ARIFAC would also provide training sessions for reporting organizations. When India’s largest cryptocurrency exchange, CoinDCX, raised over $90 million from investors led by B Capital Group last month, it became the first cryptocurrency unicorn in the nation. The exchange announced lately that it has become a member of the renowned ARIFAC alliance. The CEO of CoinDCX Sumit Gupta announced the exchange’s recent advancement. Working with respected institutions like the Financial Intelligence Unit (FIU), the National Payments Corporation of India (NPCI), banks, and non-bank financial companies (NBFCs) reaffirms its commitment to openness and compliance in the dynamic fintech and VDA industry. Boosting Crypto Ecosystem in India Joining ARIFAC puts the exchange in the vanguard of organizations working to advance understanding of AML/CFT and establish uniform standards throughout the sector. This action demonstrates its commitment to fostering a credible and compliant crypto ecosystem in India. The exchange sees its membership in ARIFAC as more than simply a chance to work together. It’s also a chance to help shape the future of fintech in a trustworthy manner. Banks, NBFCs, Payment Aggregators, Prepaid Payment Instrument providers, NPCI, VDA-SPs, etc.) have come together to form ARIFAC (Alliance of Reporting Entities in India for AML/CFT), the first private-private partnership drive of its kind, to promote collaboration in the areas of knowledge-sharing, knowledge-product development, training, and certification. On August 4, 2023, in New Delhi, ARIFAC conducted its first annual conference. With the formation of regional and sectoral chapters, it is hoped that the initiative’s current membership of 67 Reporting Entities will grow. It is planned that ARIFAC will have its meetings under the auspices of several national and regional groups. For this purpose, FIU-INDIA will offer a safe platform for reporting companies to discuss and exchange information on a wide range of topics, including strategies, tactics, regulatory considerations, developing challenges, etc. Principal Officers will be able to communicate with one another using this tool as well. In addition, ARIFAC plans to provide knowledge products including reports on best practices and typologies. It is expected that ARIFAC would also provide training sessions for reporting organizations and people operating in the AML/CFT area who are not primary officials. It is expected that ARIFAC would also increase transparency and standardize AML/CFT certifications, with organizations like CoinDCX playing a key role. Highlighted Crypto News Today: Canadian Bitcoin Miner Hut 8’s Merger With USBTC Approved by Court