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Blockchain TechnologySweat Wallet Adds Five Major Chains Through Chain Abstraction; Enables Payment of Blockchain Fees With Steps

Sweat Economy, the project tokenizing physical movement with $SWEAT token and Sweat Wallet, has reached a major milestone. In its mission to onboard the next billion users into Web3 through advanced chain abstraction technology, it has enabled seamless integration with five leading blockchains. Sweat Wallet is now compatible with Ethereum, BNB Chain, Arbitrum, Optimism, and Base. The move empowers over 16 million $SWEAT token holders with enhanced access to decentralized applications (dApps) across these leading chains. Sweat Economy’s decision to integrate with these five...

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Blockchain TechnologyVelo Labs Brings BlackRock’s Tokenized Short-Term Treasury Fund to Southeast Asia

Velo Labs, a global pioneer in Web3-based financial solutions, today announced that the assets that back Velo’s USDV token, the stablecoin of the Velo ecosystem, are now comprised of an investment in BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), tokenized by Securitize. USDV serves as the primary store of value and unit of transfer across Velo’s suite of payment and trading applications. Over 1 million Velo’s Orbit payment app users and vendors across Southeast Asia leverage USDV for seamless transactions,...

by PRNewswire

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Blockchain TechnologyHTX Ventures invest in BSX, Building DeFi Infrastructure on Base

HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in BSX Exchange, a decentralized, non-custodial central limit order book (CLOB) perpetual decentralized exchange built on Base. Since its launch in April, BSX has facilitated over $4.5 billion in trading volume and recently surpassed $1.3 million in revenue. Its current offerings include both spot and derivative trading. With the recent $4 million seed-round funding, BSX plans to expand its product line further. The platform boasts a highly performant trading engine...

by PRNewswire

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Blockchain TechnologyCoinEx Officially Enters the Polish Market: Expanding Global Strategic Reach and Enhancing Brand Influence

According to official announcements, CoinEx has officially entered the Polish market. This move not only represents a significant milestone in CoinEx’s global expansion strategy but also marks the further deepening of its presence and brand influence in the European market. As a leading global cryptocurrency trading platform, CoinEx is committed to providing professional, secure, and efficient crypto trading services to users worldwide. The expansion into Poland is a crucial step in its ongoing globalization efforts. As one of the central hubs of Europe’s economic and...

by PRNewswire

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Blockchain TechnologyCoinEx Research: Ethereum and Bitcoin Show Divergent Paths in August’s Turbulent Crypto Market

CoinEx Research has released its comprehensive report on the cryptocurrency market for August, highlighting significant volatility, recovery, and key developments throughout the month. Bank of Japan Rate HikeThe decision by the Bank of Japan to increase interest rates led to significant market turmoil, triggering a global sell-off. Bitcoin, in particular, closed the month near $58,000. Bitcoin balances on exchanges dropped to a 2024 low of 2.39 million BTC, struggling to regain its footing amidst these economic shifts. Market ConditionThe cryptocurrency market is currently in a state...

by PRNewswire

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Blockchain TechnologyAntier Introduces Lightning-Fast Asset Tokenization Platform Development Services

Asset tokenization has rapidly emerged as a groundbreaking innovation in the financial world, fundamentally transforming how assets are represented, traded, and managed. By converting real-world assets—such as real estate, commodities, and financial instruments into digital tokens on a blockchain, asset tokenization offers new levels of liquidity, transparency, and efficiency. As a trailblazer in blockchain development, Antier is at the forefront of revolutionizing how assets are managed and traded. Its advanced asset tokenization platform development services set...

by PRNewswire

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Blockchain TechnologyDeFi Technologies and Professional Capital Management Partners to Enter U.S. ETF Market

DeFi Technologies Inc. (the “Company” or “DeFi Technologies“) (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance (“DeFi“), is pleased to announce that it has partnered with Professional Capital Management, a disruptive investment firm focused on serving self-directed investors with unique capital allocation opportunities. This strategic partnership will focus on identifying and capitalizing on market entry opportunities within the rapidly expanding exchange-traded...

by PRNewswire

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Blockchain TechnologyBlockchain-based data storage: Dwinity opens new possibilities for Predictive AI

Current methods of using big data and AI are far from sufficient to publish new trustworthy AI applications – there is still a lack of high-quality data. Only a decentralized solution for data storage can help people make their most valuable data available for the common good or for use in commercial research. Dwinity, a German tech startup from Munich, is tackling this problem with a data ecosystem centered around a decentralized, secure and anonymous storage location for sensitive...

by PRNewswire

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Blockchain TechnologyQuidax Becomes Nigeria’s first SEC licensed Crypto Exchange

On Thursday, African-founded cryptocurrency exchange, Quidax announced that it has become the first crypto exchange to receive a provisional operating license by Nigeria’s Securities and Exchange Commission (SEC) as a Digital Assets Exchange. The license which was presented by the Securities and Exchange Commission grants Quidax the permission to operate as a registered crypto exchange in Nigeria as the nation begins the formal recognition and much needed regulatory oversight, to the cryptocurrency industry. Speaking on the development, Buchi Okoro, Co-founder and CEO of Quidax said “At Quidax, the customer is...

by PRNewswire

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Blockchain TechnologyUnitas Protocol Upgrades Smart Contract and Completes Security Audit By ChainLight

Unitas, a DeFi stablecoin protocol addressing emerging markets’ dollar shortage issues in transactions and cross-border payments, has successfully upgraded its smart contract to the second stage. Prior to deployment, the smart contract was audited by ChainLight, a trusted Korea-based security firm under Theori with expertise in both Web2 and Web3 domains. As a result, there is no high or critical issues found in Unitas Protocol, and 3 medium and 3 informational issues identified by ChainLight were fixed by the...

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