Bluehelix Bridge Solution (BBS) Rolls Out Decentralized Cross-chain Bridge Services

Cayman Islands, Sep 1, 2021 – (ACN Newswire) – Bluehelix formally released Bluehelix Bridge Solution (BBS), a decentralized MPC-based cross-chain bridge solution that supports the decentralized cross-chain access of any public chain, any heterogeneous chain, any homogeneous chain, or any ecological native asset, days ago.

As of August 31, independent cross-chain addresses exceeded 1,800, cross-chain deposits and withdrawals exceed 5,000, and cross-chain access has exceeded USD10 million. Bluehelix Bridge currently supports BTC, ETH, HECO, BSC, DOGE, Polygon and TRON, and will soon support Solana, Near, Cosmos and others.

Bluehelix Bridge is a cross-chain bridge solution that allows encrypted assets to be transferred between blockchains. It has been released for multiple public chains and projects, and seeks to establish a zero-threshold circulation connection for public chain ecological assets as well as encourage the mutual chain of all things in the public chain ecosystem.

Differing from the implementation of cross-chain by smart contracts on the market, Bluehelix Bridge addresses the problems of transparency and decentralization by adopting internationally recognized and relatively safe cross-chain methods and technologies. Bluehelix Bridge is based on MPC distributed key technology patented in the US and Europe, and realizes "completely decentralized" cross-chain bridge services.

The advantages of Bluehelix are briefly summarized below:

A. Fully open-source and extremely easy to access: Projects can directly perform cross-chain operations through the Bluehelix public chain and API without any fees. As an open-source public chain, Bluehelix can provide underlying support for various financial and commercial services through open API interfaces. Financial institutions and startups need only focus on the creation and operation of financial products and commercial applications.

B. Support for cross-chain native assets and deposit methods: Bluehelix is the only decentralized MPC-based cross-chain bridge solution that supports all public chains and their native assets, and does not limit deposit methods, including cross-chain deposits from centralized exchanges.

C. Security & technology patents: At present, many cross-chain bridges on the market use the smart contract deployment model for cross-chain, which has various flaws in security. Bluehelix has achieved complete decentralization with patented MPC distributed key technology, and any cross-chain user assets have independent cross-chain custody addresses.

Additionally, all cross-chain processes and asset transactions on Bluehelix are completely open and transparent, including addresses. Each cross-chain call process can be queried on the chain and on the explorer. In addition, Bluehelix has passed the audits of SlowMist and Peckshield. Its multi-layer cross-chain custody nodes support rapid rotation and are supported by many well-known institutions.

Any project, public chain, and wallet can be cross-chained based on Bluehelix BBS solution to achieve decentralized circulation between different ecosystems. By introducing assets on other chains into its own ecology through cross-chain, Bluehelix can help the public chain to establish an ecology and help projects to quickly deploy and circulate assets in multiple chains.

For public chains: Bluehelix supports the N*N cross-chain model, supports complete chain-to-chain data interoperability, and helps public chains to quickly and safely introduce various ecosystems in a decentralized manner. Presently, Bluehelix is compatible with current mainstream public chains, as well as all mainstream cross-chain solutions.

For projects: There are many cross-chain bridge solutions on the market, but most of the projects cannot solve the problems of high cross-chain costs and cumbersome cross-chain processes. With Bluehelix Bridge, it helps DeFi projects achieve safe and free circulation between any public chains, which can be regarded as a "cross-chain version of Curve".

For wallets: Bluehelix helps wallet users to realize asset circulation among multiple public chains, which is fast, safe, and convenient.

Among the existing cross-chain bridges, Bluehelix BBS, with better compatibility and autonomy, is still in the release stage. Any individual or community can create a liquidity pool in HDEX (DEX built on Bluehelix). This feature will greatly enhance the activity of existing users. At the smart contract level, Bluehelix will support WASM and EVM in the future, allowing projects to deploy quickly and efficiently.

Contact: BHEXChain@bluehelix.com
BHEX Official: https://www.bhexchain.com
BBS Official: https://bridge.bhexchain.com/
HDEX Official: https://hdex.bhexchain.com
Telegram: https://t.me/hdexofficial
Twitter: https://twitter.com/HdexOfficial

SOURCE: Bluehelix

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Kine Protocol to Integrate with Polygon Network to Provide High-speed, Dependable Derivatives Trading

SINGAPORE, Sep 1, 2021 – (ACN Newswire) – Kine Protocol has partnered with Polygon to bring high margin, cross-chain derivatives trading to the Polygon Network for further scalability and increased user adoption.

Kine Protocol makes cross-chain asset transformation between Polygon, Binance Smart Chain and Ethereum network possible with lower gas fees, assuaging concerns about increasing gas fees on the Ethereum network. Accepted assets for staking include BTC, MATIC, BNB, Kine, BTC/ETH Quick LP, USDC/ETH Quick LP, MATIC/ETH Quick LP with Kine dAPP managing risk and distributing rewards.

Sandeep Nailwal, Co-Founder of Polygon, said, "The launch of Kine Protocol is yet another example of the world's brightest blockchain developers choosing Polygon as the foundation for their innovations. We're excited to facilitate frictionless experiences so users can experience the future of derivatives trading on Kine Protocol."

Kine Protocol's team has extensive experience in derivatives trading, with previous roles at HSBC and Merrill Lynch. By deploying general-purpose liquidity pools, Kine's DeFi protocol facilitates fast, transparent derivatives trading without the presence of counterparties.

Lei Wang, CEO and Founder of Kine Protocol, said, "We look forward to growing the Kine Protocol community through Polygon and supporting Polygon's mission to bring blockchain infrastructure to the masses."

With Polygon's full-stack Ethereum scaling solution, tens of thousands of Polygon users can log on at the same time to open and close derivatives positions without counterparties.

Polygon's high-speed and low-gas infrastructure makes Kine's features – including staking, minting, burning, rewards, and liquidity farming – even faster, providing a frictionless experience for all users.

About Kine Protocol

Kine is a decentralized protocol that establishes general-purpose liquidity pools backed by a customizable portfolio of digital assets. The liquidity pool allows traders to open and close derivatives positions according to trusted price feeds, avoiding the need for counterparties. Kine lifts restrictions on existing peer-to-pool (or peer-to-contract) trading protocols by expanding the collateral space to any Ethereum-based assets and allowing third-party liquidation.

Website: https://kine.io/
Discord: https://discord.gg/rzFpssXHcT
Telegram: https://t.me/kineprotocol
Twitter: https://twitter.com/KineProtocol
Medium: https://medium.com/@KineProtocol

About Polygon

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon's scaling solutions have seen widespread adoption with 450+ Dapps, ~350M txns, and ~13.5M+ unique users.

If you're an Ethereum Developer, you're already a Polygon developer! Leverage Polygon's fast and secure txns for your Dapp, get started here.

Website: https://polygon.technology/
Twitter: https://twitter.com/0xPolygon
Reddit: https://www.reddit.com/r/0xpolygon/
Discord: https://discord.gg/XvpHAxZ
Telegram: https://t.me/polygonofficial

Media Contact: hello@kine.io

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Dvision Hosts Metaverse Conference for BSC’s Anniversary

HONG KONG, Sep 1, 2021 – (ACN Newswire) – The Dvision Network team is hosting an augmented reality metaverse conference to commemorate the first anniversary of the Binance Smart Chain (BSC) ecosystem next month. The celebration will start on the 8th and end on the 13th of September, lasting six days with an action-packed agenda that should last around 4-5 hours per day.

Dubbed the "Binance Smart Chain 1st Anniversary in Dvision Metaversarve", the event will be co-hosted with 30 notable projects in the GameFi and NFT space built on the BSC ecosystem, including StepHero, Alpaca Finance, MyDefiPet, Cryptoblades, Bunny Park, Faraland and many others, that are disclosed in their event page. The metaverse event will be conducted in the special Binance Hall built inside of the Dvision World.

The BSC anniversary is expected to offer various activities, in-game events and airdrops sponsored by participating projects. Attendees will be able to participate in-game quizzes, get their groove on during the dancing event at the conference hall, and chase randomly spawned characters in order to be rewarded by unique NFT items and partner tokens. Last but not least, the "Digging the Earth" event will allow anyone to shovel certain areas during the event to earn partner rewards. Overall, it is expected to be a highly rewarding anniversary celebration both for partnering projects and attending members. The presence of different in-game activities ensure the interactiveness of the BSC anniversary, that will also be accompanied by high-level panel sessions and presentations.

Unique Metaverse Conference

The Binance Smart Chain 1st anniversary on Metaverse continues the next generational trend of metaverse-based conferences. Attendees will be able to leverage innovative features for a unique experience throughout the conference duration.

The conference will also showcase some of the best projects that have launched products within the Binance Smart Chain ecosystem. Some of these projects have partnered with Dvision Network for the conference. They include Splinterland, an NFT card trading and gaming platform on the BSC network. Many in the blockchain gaming space will also meet there X World Games (XWG) a decentralized gaming ecosystem that is available on Ethereum and Binance Smart Chain. Long time technological partner of Dvision, Curvegrid, which is a blockchain project that develops a unique MultiBaas blockchain application server that makes it easier and less expensive to build business applications on the blockchain. Dvision Network used CurveGrid's MultiBaas solution to build a cross-chain bridge when it migrated its protocol to BSC earlier in the year. Another notable team, MyDeFiPet, a virtual pet game that combines DeFi, collectibles on BSC and KardiaChain will be present in the event.

Other partners include Alpaca Finance, Liquidifty, Bunny Park, BabySwap, and many more. The previous events held on the Dvision Metaverse recorded good turnout and the Binance Smart Chain anniversary is expected to exceed previous numbers due to the popularity of the blockchain protocol.

To join the attendees in this virtual event, users can now pre-register to get notified when access to the BSC Anniversary Hall will be available.

About the Binance Smart Chain

Binance Smart Chain (BSC) was launched roughly a year ago to provide an affordable and efficient smart contract solution for the decentralized finance (DeFi) and Non-Fungible Token (NFT) industry.

Since then, the smart contract ecosystem has garnered extreme success and has become the home of multiple DeFi and NFT projects.

About Dvision Network

Dvision Network is a blockchain-based metaverse that allows users to create avatars and participate in a virtual ecosystem. Users can create NFTs without prior knowledge or experience by leveraging the tools made available within the Dvision Network metaverse.

The platform is powered by the DVI utility token, which is traded on major centralized and decentralized exchanges. Dvision Network was initially built on Ethereum and further connected to the BSC via the MultiBaas Bridge. BSC users can trade and exchange the BEP-20 version of the DVI token on popular BSC DEXs like PancakeSwap.

Media Contact:
Name: Boburjon Muydinov
Email: official@dvision.network
Company: Dvision Network

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Xfers & SEBA Bank Named Finalists for Global CBDC Challenge organised by the Monetary Authority of Singapore

SINGAPORE, Sep 1, 2021 – (ACN Newswire) – Xfers, a Southeast Asia based payments leader holding a Major Payment Institution (MPI) license for e-money issuance, together with its partner, SEBA Bank, a FINMA licensed Swiss Bank providing a seamless, secure, and easy-to-use bridge between digital and traditional assets, today announced that they have been named among the 15 finalists for the Global Central Bank Digital Currency (CBDC) Challenge organised by the Monetary Authority of Singapore (MAS).

Launched by the Monetary Authority of Singapore and in partnership with the International Monetary Fund, World Bank, Asian Development Bank, United Nations Capital Development Fund, United Nations High Commission for Refugees, United Nations Development Programme, and the Organisation for Economic Co-operation and Development (OECD), the Global CBDC Challenge calls for FinTech companies, financial institutions and solution providers around the world to submit innovative retail CBDC solutions to enhance payment efficiencies and promote financial inclusion.

The joint proposal submitted by Xfers and SEBA Bank was shortlisted from over 300 applications representing over 50 countries and will be presented to the public and a panel of judges at the Singapore Fintech Festival on November 8th, 2021.

Launched in October 2020, StraitsX by Xfers is the first stablecoin initiative focusing on Southeast Asia and issues the StraitsX Singapore dollar, XSGD, a digital token available on the Ethereum and Zilliqa blockchain that is backed one-for-one with the Singapore dollar.

Aymeric Salley, Head of StraitsX, said, "We are delighted to be named finalists for the CBDC challenge by the MAS. We look forward to continuing leveraging our experience as Singapore's first stablecoin issuer, and working closely with our partner, SEBA Bank, which comes with a wealth of expertise and practical experience in developing CBDCs, having just completed a CBDC experiment with Banque de France in June this year."

Founded in 2018, SEBA Bank is a fully licensed FINMA banking and securities dealer. In June this year, SEBA Bank completed a successful CBDC experiment with the Banque de France, which demonstrated the capacity of distributed ledger technologies to communicate with the Eurosystem's settlement platform TARGET2-Securities for the settlement of listed securities. This testing is an important contribution towards the development of an EU wide CBDC.

Matthew Alexander, Head of Digital Corporate Finance & Asset Tokenisation SEBA Bank, commented, "We are thrilled to have been selected by the MAS for this CBDC challenge amongst such a prestigious group of institutions. We look forward to working with our partner Xfers and contributing both our Digital Asset capabilities and recent experience working with the Banque de France CBDC to support the MAS and the Singapore financial centre. At SEBA Bank, we are constantly striving for innovation in the development of digital currencies and digital asset infrastructure. This selection, alongside our partners Xfers, by MAS as a finalist in the CBDC challenge, is a significant validation of our innovation in the development of digital currencies, and builds on our work supporting the Banque de France in CBDC testing. The shortlisting by MAS is testament to SEBA Bank's extensive network and operations in APAC, with the recent appointment of Sam Lin as APAC CEO, and headcount growth in our Singapore and Hong Kong hubs, further solidifying our presence in the region."

About StraitsX by Xfers

StraitsX is the pioneering payments infrastructure for the digital assets space in Southeast Asia developed by Singapore-based FinTech Xfers, which is a Major Payment Institution licensed by the Monetary Authority of Singapore for e-money issuance. StraitsX offers personal and business accounts to deposit, hold and withdraw funds as well as to connect their accounts to digital asset platforms. Business accounts can also access B2B API-enabled payments rails for digital asset platforms and issues the Singapore Dollar-backed stablecoin, XSGD.

About SEBA Bank – The Future of Digital Banking, Investing & Financing

Founded in April 2018 and headquartered in Zug, SEBA Bank is a pioneer in the financial industry and the only global smart bank providing a fully universal suite of regulated banking services in the emerging digital economy. In August 2019, SEBA Bank received a Swiss banking and securities dealer licence – the first time a reputed, regulatory authority such as FINMA has granted a licence to a financial services provider with a core capability in digital assets. The broad, vertically integrated spectrum of services combined with the highest security standards, make SEBA Bank's value proposition unique – this is why Banque de France selected SEBA Bank to test the integration of Central Bank Digital Currency (CBDC). CVVC Global Report and CB Insights named SEBA Bank as Top 50 Companies within the blockchain ecosystem. Aite Group awarded SEBA Bank with their 2021 Digital Wealth Management Impact Innovation Award in the category "Digital Startup of the Year". For more information please visit seba.swiss.

For media queries
PRecious Communications for Xfers
xfers@preciouscomms.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

ZALL Smart Commerce Group (2098.HK) increased revenue by 40.3% in 1H2021, aims for RMB100 billion on year

SINGAPORE, Sep 1, 2021 – (ACN Newswire) – ZALL Smart Commerce Group (ZALL; 2098.HK), Asia's largest B2B e-commerce group, today announced its results for the first half 2021 (January 1 – June 30, 2021). ZALL's revenue rose by 40.3 per cent year-on-year to RMB 50.16 billion (US$7.76 billion), on the back of stronger Group operating capacity. Gross profit rose to RMB 607 million (US$93.96 million), an increase of 8.1 per cent year-on-year, and profitability remained stable.

Revenues from ZALL's offline wholesale markets and online Industrial Internet platforms such as Shenzhen Sinoagri, ZALL Steel, and Huasuhui steadily increased, benefitting from the gradual increase of services in ZALL's ecosystem, spanning wholesale trade markets, agriculture, steel, plastics and chemicals and other industries. Supply chain services such as finance, warehousing, and logistics also continued to empower upstream and downstream customers in the industry value-chain, laying a solid foundation for rapid growth.

Previously, ZALL embarked on a new strategic rebrand and is committed to becoming the world's largest digital trade platform. The Group looks to incorporate "New Trading Methods" and use advanced digital technologies, such as Big Data, Artificial Intelligence and Blockchain to achieve this goal.

Mr Qi Zhiping, CEO of ZALL Smart Commerce Group said: "ZALL will focus on innovation and the development of digital trade, leveraging data as the driving force to build a new B2B digital trade ecosystem and improve the efficiency of the industrial chain."

New brands, New directions, New trends

During the first half of 2021, the Group saw a growth in customer loyalty as its industry vertical platforms such as Shenzhen Sinoagri, ZALL Steel, and Huasuhui expanded into subcategories to provide practical, efficient and convenient supply chain services for upstream and downstream customers in the industry value-chain:

– Shenzhen Sinoagri has been enhancing their online trading of cocoon silk, sugar, and expanded to include live pigs, corn, coffee and other product categories.
– ZALL Steel has successfully passed the CMMI3 international certification, and its SaaS cloud service was significantly upgraded.
– ZALL Steel Warehouse (Fengshan Port) was successfully inaugurated, and its supply chain service system was gradually improved.
– Huasuhui's supply chain financial service "Plastic Loan" celebrated its first anniversary since its launch and has helped nearly a thousand Micro-, Small- and Medium-Enterprises (MSMEs), enabling a coordinated development ecosystem of industry and finance.
– Leveraging the service capabilities of ZALL's intelligent trading ecosystem to interconnect domestic and international resources, Zallgo facilitates commodity trade flow between wholesale markets and commodities, creating a trillion-level market of commercial tools through digital empowerment, and is committed to becoming a super portal for industrial Internet transactions and services.
– ZALL's offline flagship project, North Hankou International Trade Centre ("North Hankou") actively promotes the integrated development of traditional commerce and live streaming e-commerce. The industry ecology of the live-streaming trade has started to develop, with orders happening at major specialised trading markets in an orderly manner, and the construction of 12 major projects of Wuhan International Trade City progressing smoothly after its upgrade. North Hankou is overall ranked second among China's commercial markets, and is China's largest and the world's leading commercial and logistics platform.

ZALL has also established integrated online and offline development while contributing to China's economic circulation. As a leader in global digital trade, ZALL established ZALL International Trade Group to service MSMEs that is committed to becoming a large-scale comprehensive import and export trade group that "buy from the world and sell to the world". Its principal businesses include operating the national pilot market for foreign trade, comprehensive foreign trade services, and import and export trade. The Group's commodities marketplace, Commodities Intelligence Centre (CIC) uses blockchain technology to provide one-stop cross-border B2B trade to support the entire process of commodity-related transactions, helping companies uncover new business opportunities, reduce transaction costs, and achieve greater trading synergies globally.

ZALL's robust strategic layout and strong operating capabilities are highlighted in the integration of domestic and foreign trade, both online and offline, and the construction of an efficient supply chain service system. During the first half of 2021, ZALL continues to provide services such as smart warehouse logistics and supply chain finance. Powered by information technology, smart warehouse logistics uses Internet of Things (IoT) to integrate automation, informatization, and Artificial Intelligence (AI) technologies for cargo delivery and storage applications, and has helped companies to reduce costs and increase efficiency. Supply chain financial services such as "factory loans" and "supply-guaranteed E-loans" use real-trading scenarios to promote enterprise innovation through the integration of industry and finance, optimizing the overall capital flow of the industrial supply chain, and improving circulation efficiency.

In addition, ZALL is committed to help companies kickstart their business growth through data technology. During the first half of the year, Wuhan City announced their first batch of 271 digital economy application scenario projects. Two solutions developed by ZALL Research Institute, a subsidiary of ZALL, were selected. They include "Banking Financial Product Data Mutual Trust Project based on Low Code Blockchain Solutions" and "Data Cross-Chain Platform based on Privacy Protection". This has further enhanced commercial efficiency in the digital realm.

Coupled with its Corporate Social Responsibility (CSR) efforts, as well as its extraordinary achievements in promoting the digitalisation of traditional enterprises, ZALL has been growing its influence in the field of digital trade for many years. These accomplishments have been widely recognised by the government, financial and industry leaders, media and the general public. During the first half of 2021, ZALL has consecutively won the best new economy award; the most value-added company award; Top 10 listed China Industrial Internet companies; Top 100 in China Industrial Internet (Industrial Digitalization); Hubei's Best Hong Kong Stock Listed Company among other awards, and was ranked 155th in the Fortune China 500 list in 2021.

In 2020, ZALL achieved a revenue of RMB 72.769 billion (US$11.27 billion), in line with expectations. With steady growth of 40 per cent in 2021, ZALL is expected to achieve RMB 100 billion (US$15.49 billion) in revenue this year and reach the top echelon of the industrial digital trade industry. Through this process, ZALL intends to emerge as a leader in new trading methods, while maximising the value of digital trade, and becoming the world's leading digital trade platform.

About ZALL Smart Commerce Group

ZALL Smart Commerce Group is a leading Chinese B2B e-commerce group (ranked 155th of Fortune China 500 companies) with a truly global footprint, and its companies trading worldwide: HKSE, NYSE, SSE and SZSE. ZALL Group develops and operates Asia's largest B2B offline-to-online trade ecosystem, in China and Southeast Asia, including Singapore, with more than 30 B2B platforms in China, US and Singapore, and a GFA of more than 10 million sqm of wholesale trade centres in China. In 2018, ZALL Group achieved a GMV of more than RMB 600 billion (US$85.2 BN), serving over 1 million SME customers worldwide. ZALL has also obtained a virtual banking licence and currently operates Z-Bank in China since 2017, one of China's Top 5 digital banks that has supported more than 5.5 million SME and individual customers.

Since 2018, ZALL has invested in five projects in Singapore, including the Commodities Intelligence Centre (CIC), Singapore's first physical commodity eTrading platform (B2B) powered by blockchain technology; ezbuy.sg, Singapore's leading global online shopping platform; ZMA Smart Capital, an online trade finance company; ZALL Chain Technology, a blockchain solutions company.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Stake Your ETH (8.55% APR) and Reinvest Locked Funds

Washington, D.C., Aug 30, 2021 – (ACN Newswire) – Are you tired of 0% interest on your fiat currency savings? Join the most significant cryptocurrency upgrade (bit.ly/38DGcMR) and earn up to 8.55% annualized reward rate (APR) for your deposit.

Ethereum 2.0 upgrade is the next big thing in crypto. The second-largest cryptocurrency is migrating from the energy-consuming proof-of-work (PoW) to a much more efficient proof-of-stake (PoS). Under PoS, you lock funds used for validating transactions, and you earn interest rates as a reward.

You can stake your ETH, become a validator, and earn high interest on your deposit. Holding ETH this year might be a good idea, as analysts expect the Ether price to soar in case of a successful upgrade. Staking is becoming more and more popular as validators can earn up to 8.55% APR. No wonder over $13 bln worth of ETH has been staked as ETH 2.0 already.

However, not everyone can run a validator node. You need 32 ETH at minimum (over $88k), deep knowledge of the Ethereum network, and your infrastructure.

It's much easier to join SimpleFX Stake&Trade. It's a unique staking pool service, where you can invest the frozen funds. Stake your ETH today (bit.ly/3joXeV4). The earlier you do it, the higher the reward.

Here's what you get with SimpleFX Stake&Trade:
– No fees and no minimum deposits
– Stable Interest Earnings from your ETH deposit
– ETH 2.0 offers a high APR
– Profit from the rising Ethereum price
– Use the staked funds for trading.

Invest your staked coins. Trade stocks, forex, gold, crypto. Hedge your ETH 2.0 funds with bright leveraged shorts. Staking your Ether, you make a profit while helping the ETH community secure the network and run a historic cryptocurrency upgrade.

200-times cheaper than traditional Ethereum transfers

Tired of paying high fees for your BTC or ETH transfers? We've got you covered! Our engineers have just integrated Binance Smart Chain (BSC) payments for ten new cryptocurrencies.

Open the following accounts and enjoy BSC payments that cost $0.25 per transaction instead of $50 using traditional Ethereum ETC20 tokens:
BTC – Bitcoin
ETH – Ethereum
LINK – Chainlink
LTC – Litecoin
BCH – Bitcoin Cash
ZEC – Zcash
ETC – Ethereum Classic
DAI – Dai
DOT – Polkadot
XRP – Ripple
BAND – Band Protocol
XTZ – Tezos
ONT – Ontology
ADA – Cardano
ATOM – Cosmos
YFII – yearn.finance
EOS – Eos

The transaction cost is very affordable. Here are the SimpleFX payments time and fees estimations for BSC and ETH Networks for May 2021:

BEP-20
Deposit: free
USDT Withdrawal: $0.25
Deposit confirmation time: 1 min

ETC-20
Deposit: free
USDT Withdrawal: $50
Deposit confirmation time: 15 min

Binance is one of the significant cryptocurrency exchanges, and they are developing their payments ecosystem to help their customers make cheaper and faster transfers.

About SimpleFX

SimpleFX is a renowned trading app that has been in business since 2014. Was one of the first brokers offering cryptocurrency accounts. You can sign up for Bitcoin, Ethereum, Binance Coin accounts with just an email.

The broker's agile team is improving its tools constantly. Recently they have created a native HarmonyOS app for Huawei users.

SimpleFX's purpose is to provide the easiest way to trade globally. SimpleFX is mobile-first, but you can use the same app across all devices. Trade with SimpleFX WebTrader, native iOS, Android, or Huawei app or MetaTrader4.

Their team is always up to date with the newest cryptocurrency trend. They offer the lowest transfer fees available; that's why they have recently introduced Binance Coin, Binance USD, and the fastest and most economical Binance Smart Chain.

If you'd like to trade a stock or any other asset they still don't have in their offer, give them a shout, and chances are they are already working on it; if not, they will include your proposition in the products roadmap.

Wall Street has zero control over them. Sign up with an email address, make a deposit, and cash in profits.

Using just your email address, you can also become a SimpleFX affiliate. You don't need to deposit a single cent to start earning lifetime revenue share (up to 30%) from your referral links.
Sign up to SimpleFX with an email, give it a try, and ride the ever-exciting global financial markets.

Here's why SFX is the best trading app:
– no ID verification for cryptocurrency accounts. Sign up with e-mail
– Invest Bitcoin, Ethereum, Tether, Binance Coin, and more (22 cryptocurrency accounts)
– No minimum deposits
– No fees
– Up to 50x leverage on stocks $1,000 depo = $50,000
– Up to 500x leverage on Forex $1,000 depo = $50,000
– Reputable – over seven years in the market
– Global reach – check out for your local currency (over 20 fiat currencies)
– Great support English, Spanish, Portuguese and more (probably in your language)
– SimpleFX is independent and not controlled by Wall Street
– Active development team willing to add new features especially for you
– Frequently updated WebTrader (working in every browser), native iOS and Android apps
– The most efficient cryptocurrency payments. Binance Smart Chain (BEP-20) fast transfers with super low fees (100 times lower than Ethereum ERC-20)
– Stake & Trade – earn 8.55% annual interest on your ETH 2.0 deposit. Trade with your frozen money.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

TAOP Signs Memorandum of Understanding to Establish Cryptocurrency Mining Joint

HONG KONG, Aug 27, 2021 – (ACN Newswire) – Taoping Inc. (NASDAQ: TAOP, the "Company" or "TAOP"), a provider of blockchain technology and smart cloud services, today announces that its wholly-owned subsidiary Taoping Digital Assets (Asia) Limited ("TDAA") and a Kazakhstan company Aral Petroleum Capital LLP ("APC") have signed a memorandum of understanding ("MOU") to establish a joint venture in Kazakhstan, of which TDAA and APC will own 51% and 49%, respectively. TDAA will control the board of directors of the joint venture.

APC is an oil and gas exploration and development company operating in Kazakhstan, a wholly-owned subsidiary of CaspianEnergy Inc. It holds an exclusive license which entitles it to explore and develop certain oil and gas properties known as the "North Block", an area of 1,916 square km, and a production contract for the area known as "East Zhagabulak". With a strong industry position and integration experience, APC is able to ensure high-quality utility-scale electricity supply at a low cost to the joint venture.

The joint venture plans to invest and build cryptocurrency mining sites with a total capacity of 100MW, the first stage construction of 30 MW is expected to complete within three to six months. TDAA will have the priority to deploy cryptocurrency mining machines owned by TDAA or its partners. The joint venture will carry out operation and maintenance of cryptocurrency mining machines in Kazakhstan. In addition, the joint venture plans to rent out excess operating capacity to third parties for additional income.

On April 15, 2021, the Company announced that it has signed a Bitcoin mining machine purchase agreement with Bitmain Technologies Limited for the purchase of Antminer S19j Pro Bitcoin mining machines with a total hash rate of 300,000 TH/s. TAOP plans to deliver these mining machines to Kazakhstan for deployment once the construction of the mining sites is completed.

"We continue to look for global opportunities that can bring business growth. With year-round cool temperatures, low real estate and labor costs, and relatively low energy prices, Kazakhstan is becoming a crypto mining hub that currently ranks 3rd in the world in terms of hash rate power," said Mr. Jianghuai Lin, Chairman and CEO of TAOP, "We are working actively to capture current unique opportunity of the rapidly changing cryptocurrency mining environment to create value for shareholders."

About Taoping Inc.
Taoping Inc. (TAOP) is an integrated group of technology and financial companies with business in Mainland China, Hong Kong, and other overseas countries. Relying on its unique strengths in cloud technology and chip supply chain, TAOP provides solutions and cloud services to industries such as film and television production, education, new media, artificial intelligence and asset management. The Company is dedicated to the research and application of blockchain technology as well as investment and management of financial assets at home and abroad. To learn more, please visit http://www.taop.com/.

Safe Harbor Statement
This press release may contain certain "forward-looking statements" relating to the business of Taoping Inc., and its subsidiaries and other consolidated entities. All statements, other than statements of historical fact included herein, are "forward-looking statements" in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, often identified by the use of forward-looking terminologies such as "believes", "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company and its subsidiaries and other consolidated entities or persons acting on their behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Ethernity CLOUD Announces Results of Recent Token Pre-Sale

MUNICH, GERMANY / ACCESSWIRE, Aug 23, 2021 – (ACN Newswire) – Ethernity CLOUD is pleased to announce the successful completion of their token presale round. They have sold 90% of the available presale tokens in just 9 hours. The remaining 10% were sold out early the next morning. The entire presale has been sold out in full in about 25 hours. According to the team, the community support was significant as the minimum package was set at $5,000 USD.

On the heels of the token presale, Ethernity CLOUD is now focused on the future, including the ongoing European patent application. For more information, read the Technical Whitepaper about the application for Secure Decentralized Cloud Computing with Privacy Controls.

The time is almost here for their public sale scheduled for Q3 2021. Register your interest and join the Ethernity CLOUD community on their token registration page. Supporters can express their interest in participating in the public sale by submitting their email, name and commitment amount.

Sources at Ethernity CLOUD say that their entire leadership team is excited with the results of the presale round, and are looking forward to continue their mission to integrate confidential computing and blockchain technologies. Ethernity CLOUD's vision is to bring on the market a confidential cloud ecosystem which enforces user's privacy, maintains transparency of the data operations process and provides a fair environment for its adopters.

ABOUT ETHERNITY CLOUD

Ethernity CLOUD is building an ecosystem based on fairness, where user's right to privacy is fully protected and integrity is ensured by the blockchain technology. User's data is protected from abusive activities ensuring fair, decentralized and truly private operations. Using the ecosystem, users are capable of running cloud computing tasks over the decentralized network, while maintaining complete control over the confidentiality and enforcing transparency of the data operations process.

https://youtu.be/xySSIWNFlqw

To increase Ethernity CLOUD's technology adoption rates, the team is committed to use open-source technologies that provide a strong and secure foundation. The decentralized cloud applications meant to run on top of Ethernity CLOUD are based on regular cloud applications and software. Ethernity CLOUD community strives to make the transition to the decentralized cloud as smooth as possible for cloud computing business users as well as developers and enthusiasts.

EMAIL: contact@ethernity.cloud

SOURCE: Ethernity CLOUD

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

NFT Knockout, $150K of NFT’s Sold within Minutes

Washington, D.C., Aug 19, 2021 – (ACN Newswire) – Years after his untimely death, Former World Heavyweight Boxing Legend is still delivering Knockouts. In the first every foray into the world of Blockchain, Muhammad Ali with his first ever collection of NFT's has landed yet another knockout punch. In conjunction with London based Photographer Christina Jansen, Dublin based Blockchain Developers dMerch and in association with UK Boxing Charity "Boxing Futures" "Muhammad Ali: Through the Lens – A Collection by Christina Jansen" sold out within 8 minutes. In a collection of beautifully sensitive images photographed by Christina Jansen, photographed over a two-week period in the 1980's, "Through the Lens" captures the inner sensitivity of the great man himself.

"Photographing Muhammad Ali was one of the most inspiring jobs I have ever had . Over a period of two weeks on and off the set I witnessed how he treated everyone who approached him the same. It didn't matter to Ali where you came from or what you did. I felt so blessed to have the chance to talk to him and get to know this great man like a close friend. Ali told me his Philosophy in life 'If you reach for the moon you might end up next door, but if you reach for the stars you will get to the moon'. He encouraged me and others to reach for their goals and not be afraid to take risks in life," said Christina Jansen. "Muhammad Ali had a gentleness outside the ring. He connected with everyone ..especially children. He had a generous heart and a great sense of humour and was constantly telling jokes.

"I took these photographs of the Greatest in 1986 in London. I have cherished these images but I have not showed them to the world thus far. I am so happy that using NFT's I can now share them with the old and new generation of fans. Keeping his unique spirit alive."

The collection went live at 6.00 pm and by 8 minutes past the hour, the collection had sold out. $150K of NFT's sold within minutes and to add further to the aura of the great man himself, a further $10K of NFT's were sold with the proceeds going directly to the Boxing Futures, a charity dedicated to supporting the Boxing stars of tomorrow.

Further information on:
Muhammad Ali can be found at https://ali.wdny.io
Christina Jansen at www.cjansenphotography.com
Dmerch at www.dmerch.io/ Boxing Futures at www.boxing-futures.org.uk
Source: PlatoData Intelligence : https://platoaistream.net/nft-knockout/

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Boku launches M1ST, the world’s largest mobile payments network, connecting Southeast Asia Digital Consumers to global merchants

SINGAPORE, Aug 18, 2021 – (ACN Newswire) – Boku Inc. (AIM: BOKU) today announced the launch of the M1ST (aka Mobile First), the world's largest mobile payments network. The M1ST Payments Network features an unrivalled 330+ mobile payment methods, including mobile wallets, direct carrier billing, and real-time payments schemes, reaching 5.7 billion mobile payment accounts in 90 countries – all through a single integration.

By 2022, middle class in Southeast Asia is expected to wield over US$300 billion in disposable income. The region's middle class is expected to double to 51 per cent in 2030 from 24 per cent in 2020 – or from 135 million people to 334 million people. According to the World Bank, 45% of consumers globally use mobile wallets vs. just 18% that use credit cards for payments. In Boku's 2021 Mobile Wallets Report showed that Southeast Asia will become the fastest growing mobile wallet region in the world: the number of mobile wallets in use by SEA consumers is projected to increase by nearly 25.5% to reach 439.7 million mobile wallets in use by the end of 2025.

"In a Confidence Index survey, 52 per cent of the merchants in SEA experienced a high level of growth during H1 2021 and 70 per cent of these merchants are expecting additional growth of more than 10 per cent in Q3 2021. This shows that despite the challenging times, digital consumers continue to make purchases digitally. The launch of M1ST will not only allow SEA merchants and digital consumers to connect within the region, but also to global markets seamlessly, with a payment method that is useful and convenient to them," said Loke Hwee Wong, Vice President and General Manager, APAC at Boku.

However, mobile payment acceptance for global merchants is highly complex, especially due to the extreme fragmentation of mobile payment methods. M1ST solves a number of these challenges so that merchants can easily accept mobile payments, globally, and at scale, including:

– Standardization – M1ST removes the complexity of disparate technical, legal and contractual considerations, simplifying 330+ payment methods into a single, scheme-like network.
– Digitally Native – M1ST enabled payments are built to support the 0-tap subscriptions and 1-tap checkout transactions that enable new, online business models.
– Future-Proofed – By 2025, nearly 60% of consumers globally are projected to be using mobile wallets; the M1ST Network follows market demand to maximize merchant acceptance.
– Global Settlement – M1ST delivers merchants a single, global settlement, eliminating the complexity of local taxes, foreign exchange, and cash repatriation.
– Local Legal Infrastructure – Through payment licenses and local entities, M1ST is capable of accepting regulated payments in nearly 50 countries.

M1ST is designed to eliminate the difficulty of mobile payment acceptance so that merchants can accept mobile payments more quickly, at lower cost, and focus on building world-class user experiences that drive long-term, valuable relationships with their customers.

"We've seen a fundamental shift of consumer purchasing power from west to east, from established to emerging markets, and from credit cards to mobile payments. Today, we're launching the M1ST Network to enable global merchants to acquire, monetize, and retain mobile-first consumers," said Jon Prideaux, CEO of Boku. "For merchants to capitalize on the massive potential of mobile-first consumers, they need to accept the payment methods they have and prefer, which are increasingly behind glass screens, not rectangular pieces of plastic. We've spent the past decade delivering new customers to our merchants through mobile payments. Now that mobile payments have overtaken credit cards globally, merchant acceptance has moved from a competitive advantage to a strategic imperative."

About Boku

Boku Inc. (AIM: BOKU) is the fintech powering the world's largest mobile payments network, M1ST (Mobile First). With 45% of global consumers using mobile payment methods to buy goods online, compared to 18% using credit cards, the future of commerce is mobile-first. Boku's technology platform helps the world's most demanding merchants attract, convert, and retain customers using mobile payments. By turning payments infrastructure into a source of sustainable competitive advantage, Boku safely activates a range of new merchant business models – from bundling to subscriptions.

Boku's platform is used in 90 countries with more than a billion verified transactions in 2020, contributing more than $8 billion to the digital economy. Customers that trust Boku to simplify sign-up, acquire new paying users and prevent fraud include global leaders such as Apple, DAZN, Facebook, Google, Microsoft, Netflix, PayPal, Sony, Spotify and Tencent.

Boku Inc. was incorporated in 2008 and is headquartered in London, UK, with offices in Brazil, China, Estonia, France, Germany, India, Indonesia, Japan, Singapore, Spain, Taiwan, Vietnam, and the US. To learn more about Boku please visit: https://www.boku.com

Boku in Asia

In Asia, Boku's payment partners for Mobile Wallets include: AliPay, Dana, GCash, GoPay, GrabPay, KakaoPay, LINE Pay, Ovo, PayMaya, PayPay, Toss, Touch 'n Go, Truemoney
Boku also partners with payment partners to offer Direct Carrier Billing: AIS, BSNL, Celcom, Digi, dtac, Globe, Indosat Ooredoo, Jio, Korea Telecom, KDDI, LG U+, Maxis, M1, NTT Docomo, StarHub, Singtel, Softbank, SK Telecom, Smart, Smartfren, Tata Docomo, Telkomsel, Three, TrueMove, Vodafone, XL (amongst others)

Enquiries:
PRecious Communications for Boku, Inc.
Singapore/Asia Pacific: Clarence Lim, boku@preciouscomms.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com