SMI Vantage Appoints F&B Innovator Jocelyn Chng to the Advisory Board Committee

SINGAPORE, Dec 27, 2022 – (ACN Newswire) – SMI Vantage Limited, an investment and management company listed on the mainboard of the SGX, today announced it has appointed Ms. Jocelyn Chng as a member of the Advisory Board Committee, effective 1 January 2023.

Ms Chng is the Group CEO of JR Group Holdings, a one-stop solutions provider for the F&B industry with capabilities in food manufacturing, automated cafes, and corporate F&B management. Over the years, Ms Chng has won numerous awards, including ASME's Women Entrepreneur of the Year 2001, the Montblanc Businesswoman Award in 2003 and was selected by EY to participate in its 2018 Entrepreneurial Winning Women Asia-Pacific Program. Under Chng's leadership, JR Group opened the world's first Vendcafe serving hot meals in Singapore. Chef-in- Box Vendcafe is an unmanned and automated all-vending machine cafe.

Having been personally involved with developing multiple companies and platforms particularly in the F&B space, Ms Chng has a deep understanding of what it takes to scale businesses to the next level. "I am delighted to welcome Jocelyn to our Advisory Board. She brings a wealth of experience in the F&B space, having launched many highly successful ventures and growing JR Group Holdings to where it is today. As our Company enters the Robochef business, her expertise and experience will be highly relevant and extremely helpful in helping us grow this business and helping the company look at other related opportunities." said Mark Bedingham, President and Chief Executive Officer.

In reply, Ms Chng said, "I am honoured to be appointed to the Advisory Board of SMI Vantage and am excited to learn more about SMI Vantage's exciting projects. F&B is in the midst of transformation from being a labour-intensive industry, to one that leverages on technology and automation for higher productivity and return on investment. SMI Vantage's use of Artificial Intelligence and Robotics in the Robochef concept is a good example of this trend in the F&B industry. I look forward to working closely with Mark, the Board, and the rest of the leadership team to capitalise on the many opportunities ahead and usher in SMI Vantage's next chapter of growth and success."

SMI would also like to thank Kevin Shao for his valuable contributions and advice to the Company during his time with us at SMI.

About SMI Vantage

SMI Vantage Limited is an investment and management company focused on capitalising on strong trends in the new economy including technology-based SaaS services and other high- tech platforms. Listed on the Main Board of the Singapore Stock Exchange, SMI Vantage Limited has a highly capable and experienced management team with a proven track record in building strong business partnerships and alliances. https://www.smivantage.com/

For media queries, please reach out to:
Waterbrooks Consultants Pte Ltd
Wayne Koo – wayne.koo@waterbrooks.com.sg +65 9338-8166
Derek Yeo – derek@waterbrooks.com.sg +65 9791-4707

Proud Investor Relations partner:
https://www.waterbrooks.com.sg/ and https://www.shareinvestorholdings.com/

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Moonstake Partners with Unstoppable Domains for Simplified Crypto Transactions

SINGAPORE, Dec 20, 2022 – (ACN Newswire) – Moonstake is excited to announce we have become strategic partners with the leading multi-purpose blockchain domain solution Unstoppable Domains to simplify the crypto experience across the Web3 ecosystem. With the new integration, our users can now use a single "crypto username" to make transactions to others as well as applications and services supported by Unstoppable Domains. Conveniently send and receive Bitcoin, Ethereum, Cardano, and USDT cryptocurrencies using one simple custom "name" instead of juggling between multiple complicated crypto addresses.

With a single Unstoppable Domain name, make transactions of BTC, ETH, ADA, and USDT hassle-free on Moonstake Wallet. Instead of having to share multiple long, alphameric addresses to send and receive, you can just use a simplified, easily readable domain name. Unstoppable Domains are built on the Crypto Name Service (CNS) on Ethereum, issued as ERC-721 tokens that grant user irrevocable ownership of the domains they have created. This means that users are always in full control of their domain and assets and can manage their domain from any compatible wallet, exchange, marketplace, or any other Web3 applications that support this standard.

Mitsuru Tezuka, Founder at Moonstake, says: "We are thrilled to partner Unstoppable Domains to simplify crypto transactions for users worldwide. With the human-readable, customized domain name to replace long, complex crypto addresses, Moonstake hopes to improve the experience of crypto users by eliminating user error in your everyday crypto interactions. We are happy to be a strategic partner of the Unstoppable Domains ecosystem to help deliver a frictionless Web3 experience for global users while empowering you to always be in control of your assets."

Moonstake started the staking business in 2020 with the aim to create the largest staking network in Asia. Since then, we have developed the most user-friendly Web Wallet and Mobile Wallet (iOS / Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake's total staking assets have grown rapidly to reach $1 Billion, allowing Moonstake to become one of the top 10 staking providers globally. Currently, Moonstake supports 18 leading PoS assets including Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs (Ethereum and Polygon), IOST, TRON, Shiden, FIO, Everscale, Oasisa and Solana.

Meanwhile, Unstoppable Domains enables seamless connection to Web3 through the use of blockchain domains. Purchasing your own Unstoppable Domain allows you to have a blockchain-connected web address that turns multiple crypto addresses into one human-readable name that can also connect with exchanges, marketplaces, and other Web3 applications. This greatly simplifies crypto interactions by eliminating user errors when handling many lengthy randomized public keys. The purchased Unstoppable Domain is also in your full control, as you can transfer, upload, and link it to any compatible services and platform, such as Moonstake.

Follow us on Twitter and Telegram for the latest updates on Moonstake news!

About Moonstake

Moonstake is the world's leading staking service provider that develops and operates decentralized wallet services for businesses and individuals. Since its launch in April 2020, Moonstake has partnered with 27 leading platform providers, including Cardano's constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange. Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools. https://www.moonstake.io/

About Moonstake's staking business

For the staking industry, which has grown into a 630-billion dollar market as of September 2021, Moonstake provides a decentralized staking service that does not require user deposits, and supports nodes around the world in addition to its own validator nodes. Moonstake currently supports the staking of 18 blockchains. With a total staking assets of 1.8 billion USD and a global user base, the company ranked third out of more than 10,000 providers worldwide in June of the same year.

About Unstoppable Domains

Founded in 2018, Unstoppable Domains is an NFT domain name provider and digital identity platform working to onboard the world onto Web3. Unstoppable Domains offers NFT domains minted on the blockchain that give people full ownership and control of their digital identity, with no renewal fees. With Unstoppable Domains, people can replace lengthy alphanumeric crypto wallet addresses with a human-readable name and log into and transact with more than 200 apps, wallets, exchanges and marketplaces. The company was named by Forbes as one of America's Best Startup Employers in 2022. https://unstoppabledomains.com/

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

#WBSBangkok wraps up a successful two days and breaks new grounds for web3 in 2023

#WBSBangkok set the global web3 stage, as hundreds of industry trailblazers, thought leaders, high-net-worth investors, global media, and blockchain technologists converged together in Bangkok on 8-9 December 2022.

BANGKOK, Thailand, Dec 19, 2022 – (ACN Newswire) – The 23rd edition of World Blockchain Summit – Bangkok 2022, hosted a diverse crowd of web3 enthusiasts, industry leaders, and technology pioneers all under one roof, to inspire and stimulate business opportunities through mutually beneficial collaborations across the ASEAN region. The two-day summit registered over 600+ attendees and was an ultimate meeting point for the global and local Thai web3 community.

#WBSBangkok put together an incredible lineup of innovators and speakers making remarkable contributions to digital transformation in various sectors. Top speakers for the summit included Jirayut Srupsrisopa, Founder and Group CEO at Bitkub Capital Group Holdings Co., Ltd; Matt Sorg, Head of Technology at Solana Foundation; Daniel Oon, Head of Defi at Algorand Foundation and Jon Russell, Partner at Crypto.com to name a few.

Nicole Nguyen – “Bangkok and WBS have always been at the heart of the web3 movement in APAC and as Asia’s leading web3 community, APAC DAO is keen to network with and explore potential collaboration with global partners and business leaders to become a prominent launchpad for web3 builders in the region.” (to be replaced)

Cris Tran – “After a great turnout in Dubai, can’t wait to be back in Thailand for our BKK Edition. Southeast Asia is truly the most vibrant place for blockchain and crypto development” (to be replaced)

During the 2-day summit, blockchain solution providers, web3 projects, investment partners, and community partners showcased their offerings and were able to network and meet with qualified investors, buyers, and other stakeholders to promote their offerings and solutions.

The World Blockchain Summit – Bangkok 2022, also provided startups with a platform to exhibit their innovative capabilities in front of global investors at the Startup World Cup Pitch Competition. (Winner to be added here) a company providing an ultimate playground for creative minds and virtual adventurers was declared a winner.

“A wonderful fusion of Web3 architects thought leaders, regulators, and users made #WBSBangkok one of the best places to experience and discover the latest trends in the blockchain world. As we wrap up 2022 with #WBSBangkok, we are excited to see what’s in store for web3 in 2023,” stated Mohammed Saleem, Founding Chairman, of the World Blockchain Summit (WBS).

World Blockchain Summit will begin another bright year with its next grand edition in Dubai, bringing together MENA’s leading players in the space in March 2023.

World Blockchain Summit Bangkok is sponsored by-

Headline Sponsor: Bybit
Platinum Sponsor: SafuuX; Xapo Bank; SUPEREX
Gold Sponsor: Pandolab; Shipfinex; Undeads.com
Silver Sponsor: Lollipop; io
Strategic Partner: Solana Foundation
Lunch Sponsor: SafuuX
Lanyard Sponsor: GBR Coin
Community Partner: Women In Blockchain Asia
Pitch Partners : Aura Dogs; Gawooni Metalabs; Isekaiverse
Exhibitor : Amaze World; Shellboxes; Riva Metaverse; Oceanmoney; COINWEB

Official Media Partner: Coin Edition

Official PR Partner: Luna PR

Media Partners:

About World Blockchain Summit (WBS)

WBS hosts a global series of blockchain, crypto, metaverse and web3 business platforms that bring together the ecosystem of founders, developers, investors, regulators, enterprise buyers and influencers.

As the world’s largest blockchain and web3 summit series, WBS has hosted more than 35,000 industry stakeholders at more than 20 editions in 10+ destinations around the world.

In collaboration with key industry stakeholders and our advisory board members, WBS curates a regionally relevant agenda for each edition that highlights the latest trends and upcoming opportunities in the market while also enabling deal flow, business development and more for our community of founders and investors.

WBS is committed to boosting the development, adoption, and growth of the entire web3 ecosystem.

Contact: comms@worldblockchainsummit.com

Moonstake Now Supports Staking of Solana (SOL)

SINGAPORE, Dec 16, 2022 – (ACN Newswire) – Moonstake is pleased to announce that our users can now earn interest from the top-10 staking coin SOL of Solana network. Hold, send, receive, and stake SOL to receive rewards with the best user experience through one single click. After Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs (on Ethereum and Polygon), IOST, TRON, Shiden, FIO, EVER, and ROSE, the highly demanded SOL has become the 18th staking coin available on Moonstake. This accomplishment is made possible through technical integration between Moonstake and our strategic partner, RockX, whom we have also been working with to enable DOT staking for users since January 2021. RockX is an official validator for bothPolkadot and Solana, as well as other popular chains such as Avalanche.

Moonstake started the staking business last year with the aim to create the largest staking network in Asia. Since then, we have developed the most user-friendly Web Wallet and Mobile Wallet (iOS / Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake's total staking assets have grown rapidly to reach $1 Billion. Today, Moonstake is a recognized top 10 staking provider in the world and a Verified Provider of the VPP family of the leading staking data aggregator, Staking Rewards. For the integration of SOL staking, Moonstake is once again working with partner RockX, a top-13 digital asset platform and leading node operator for popular blockchains like Polkadot, Solana, and Avalanche, to provide staking access to the much demanded SOL coin to our users.

Meanwhile, Solana is a layer-1 blockchain that focuses on scalability, speed, cost minimization, and energy-efficiency. It uses a hybrid model of Proof of Stake (PoS) that combines a unique timestamp-based Proof of History (PoH) algorithm with a high-speed synchronization system. This lets Solana provide a high speed and low-cost experience to both users and developers, promising less than 0.01 USD for transaction fee and 0.001 seconds in transaction time. Thanks to these innovations, Solana has become one of the most popular blockchains for DApp developers and staking users. In fact, the SOL coin now sits in the ranking of the top 10 cryptocurrencies in terms of market capitalization.

Here's a simple 4-step process to stake SOL on Moonstake Wallet:
1. Register your Moonstake Wallet via Web or mobile (iOS / Android)
2. Select SOL from the "Wallets" screen and click the "Add Asset" button.
3. Access the SOL screen to check your staking information. From the Staking tab, click the "Stake" button and enter your staking amount (must be more than 1 SOL).
4. Enter your wallet password to complete staking.

How SOL Staking Works
When you make a staking transaction for SOL, a stake account is created automatically created. You can have as many stake accounts as you want. Each new stake account has a unique address, and a single wallet, like your Moonstake wallet, can manage or "authorize" many different stake accounts.

With Moonstake, you can stake SOL to the RockX validator, which is the node provider partner we are working with to offer you the SOL staking functionality.

How To Get Rewards for SOL Staking
SOL staking has historically yielded around 6% APY, though as usual this number will fluctuate depending on network activity. Staking rewards are computed and issued once per epoch which is approximately 2 days. However, to begin earning rewards, you must first wait for two epochs (around 4 days).

Rewards accrued in a given epoch are issued to all validators and delegators in the first block of the following epoch. Rewards are issued once per epoch and deposited into the stake account that earned them. Stake rewards are automatically re-delegated as active stake.

How SOL Unstaking Works
Tokens can only be withdrawn from a stake account when they are not currently delegated. When a stake account is first un-delegated, it is considered "deactivating" or "cooling down". Tokens may not be withdrawn from the account until some or all of them have finished deactivating and are considered "inactive" and therefore no longer earning any potential staking rewards. The lock period of SOL unstaking is around 1 epoch (2 days).

Once the tokens in a stake account are inactive, they can be withdrawn back to your main wallet address or to another address immediately. Tokens in a stake account with a lockup may not be withdrawn until the lockup expires, regardless of the delegation state of that account. Once the lockup expires, undelegated tokens may be withdrawn immediately. There is no action required by the account holder to specifically unlock the account.

Follow us on Twitter and Telegram for the latest updates on Moonstake news.

About Moonstake

Moonstake is the world's leading staking service provider that develops and operates decentralized wallet services for businesses and individuals. Since its launch in April 2020, Moonstake has partnered with 27 leading platform providers, including Cardano's constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange. Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools. https://www.moonstake.io/

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Join the global blockchain and web3 community as #WBSBangkok looks to conclude 2022 on a high

With 40+ speakers and 20+ sessions spread across 2 days, World Blockchain Summit – Bangkok 2022 will explore the latest developments and future of web3, defi, and all things blockchain.

BANGKOK, Dec 7, 2022 – (ACN Newswire) – After a successful year, World Blockchain Summit looks to bring 2022 to a close with its 23^rd global edition on 8-9 December at The Athenee Hotel, Bangkok. Bringing together startups, investors, developers, industry experts, and global media, the event will be the annual meeting point of the industry in South East Asia.

Cris D Tran, CSO, ONUS Chain, Co-founder, FAM Central says – “After a great turnout in Dubai earlier this year, can’t wait to be back in Thailand for our BKK Edition. Southeast Asia is truly the most vibrant place for blockchain and crypto development.”

The two-day event will feature exceptional industry experts across a variety of panels, keynotes, workshops, and fireside chats. Confirmed speakers include:

Jirayut Srupsrisopa, Founder and Group CEO, Bitkub Capital Group Holdings Co., Ltd;
Sanjay Popli, CEO, Cryptomind Group, Advisor, Thailand Digital Asset Association;
Daniel Oon, Head of Defi, Algorand Foundation;
Kanyarat Saengsawang, Head of Growth, The Sandbox;
Matt Sorg, Head of Technology, Solana Foundation;
Nicole Nguyen, Co-founder, APAC DAO to name a few.

“I’m looking forward to connecting with market leaders and the wider community, at arguably South East Asia’s premier blockchain event for 2022,” said Toby Gilbert, Cofounder & CEO, Coinweb, one of the esteemed speakers at World Blockchain Summit Bangkok.

Mohammed Saleem – Founder & CEO, of World Blockchain Summit, states “Thailand is emerging as one of ASEAN’s crypto trading hotspots and we are excited to be bringing together some of the biggest names both regionally and internationally along with blockchain experts, startups, corporates, entrepreneurs, and policymakers with an aim to foster and instigate the future of web3.”

World Blockchain Summit will begin another bright year with its next grand edition in Dubai, bringing together MENA’s leading players in the space in March 2023.

World Blockchain Summit Bangkok is sponsored by-

Headline Sponsor: Bybit
Platinum Sponsor: SafuuX; Xapo Bank; SUPEREX
Gold Sponsor: Pandolab; Shipfinex; com
Silver Sponsor: Lollipop; io
Strategic Partner: Solana Foundation
Lunch Sponsor: SafuuX
Lanyard Sponsor: GBR Coin
Community Partner: Women In Blockchain Asia; APAC DAO
Pitch Partners : Aura Dogs; Gawooni Metalabs; Isekaiverse
Exhibitor : Amaze World; Shellboxes; Riva Metaverse; Oceanmoney; COINWEB

Official Media Partner: Coin Edition

Official PR Partner: Luna PR

Media Partners:

About World Blockchain Summit (WBS)

WBS hosts a global series of blockchain, crypto, metaverse, and web3 business platforms that bring together the ecosystem of founders, developers, investors, regulators, enterprise buyers, and influencers.

As the world’s largest blockchain and web3 summit series, WBS has hosted more than 35,000 industry stakeholders at more than 20 editions in 10+ destinations around the world.

In collaboration with key industry stakeholders and our advisory board members, WBS curates a regionally relevant agenda for each edition that highlights the latest trends and upcoming opportunities in the market while also enabling deal flow, business development, and more for our community of founders and investors.

WBS is committed to boosting the development, adoption, and growth of the entire web3 ecosystem.

To book your tickets, visit: https://worldblockchainsummit.com/bangkok/#book-ticket

For inquiries, Contact: comms@worldblockchainsummit.com

What is AVAX? Everything You Need to Know About Avalanche

SINGAPORE, Dec 1, 2022 – (ACN Newswire) – Welcome to this edition of 101 article exploring one of the staking coins on Moonstake. This time, we'll be looking at Avalanche and its native coin AVAX which has grown rapidly since its inception just a few years ago and is in the list of the most popular cryptocurrencies on the market.

What Makes Avalanche Unique?
Launched in September 2020, Avalanche is a Layer-1 blockchain that functions as a platform for dApps and custom blockchain networks. As a rival to Ethereum, Avalanche aims to dethrone it as the best blockchain for smart contracts with its impressive 4,500 TPS (transactions per second) output without compromising on scalability nor security.

Most notably, the EVM (Ethereum Virtual Machine)-compatible Avalanche network boasts a unique architecture consisting of three individual blockchains. All three chains serve a unique role and work together to run the Avalanche network, instead of letting a single chain handle all transaction processing like other blockchains on the market. Specifically:

– X-Chain (exchange chain): Handles transactions. Has a fixed transaction fee of only 0.001 AVAX and utilizes directed acyclic graph (DAG) technology to optimize speed.
– P-Chain (platform chain): Handles staking and validator activities.
– C-Chain (contract chain): Handles smart contracts, DApps, and DeFi.

Users can swap AVAX between these three chains and they are secured and validated by the Primary Network, a special subnet. On Avalanche, users can build their own custom blockchain network that is seamlessly interoperable with the broader Avalanche ecosystem. Custom subnets need to be a member of the Primary Network by staking 2,000 AVAX.

For its consensus algorithm, Avalanche operates its own protocol called Snow that uses Proof-of-Stake (PoS) as the foundation. The Snow consensus protocol aims to balance transaction speed, network capacity, decentralization, energy efficiency, and security. The Avalanche team also claims that its network boasts the "lightest hardware requirements of any blockchain platform" and does not implement slashing, making it a very friendly PoS chain for validators.

How Did Avalanche Become Popular?
Avalanche is one of the most popular blockchains out there for DeFi, with a thriving ecosystem of applications. It is home to market-leading DeFi platforms including the lending protocol AAVE, SushiSwap DEX, and the first regulated stablecoin TrueUSD.

Thanks to its robust technical architecture and DeFi ecosystem, Avalanche has become one of the most popular blockchains for DApp developers. In 2020, Avalanche raised 42 million USD in its ICO in just 24 hours.

Avalanche's Technical Milestones and Why Moonstake Supports AVAX
At Moonstake, we work to support the most demanded coins on the market. Here are some key milestones of Avalanche so far:

– 800 network validators by January 2021, less than half a year since Mainnet launch.
– TVL increased significantly from early 2021 and peaked at 400 million USD before the market crash in May 2021.
– By Q1 2021, users have moved more than $100M in assets from Ethereum to Avalanche, including $8.2M within the first 24 hours.
– By late November 2022, Avalanche network had processed 450 million transactions total, a 1507% increase from one year ago.
– Over 200 DApp projects are currently available on Avalanche, with many projects being cross-chain thanks to the robust bridging ecosystem around Avalanche.
– Avalanche has also secured institutional partnerships with major global companies like accounting firm Deloitte and publicly traded insurance company Lemonade, demonstrating practical use cases of blockchain and crypto for enterprises.
– Avalanche currently has over 1,300 validators securing its highly active network.

We can see that AVAX is a high-demand coin and Avalanche network is an esteemed blockchain project with active, continued growth and development. This makes AVAX a great and strategic addition to the lineup of PoS coins supported by Moonstake and we are working hard to bring AVAX staking to you very soon.

How AVAX Staking Works
You will have to transfer your AVAX onto P-Chain to start staking. When you hold assets in a P address, you make them illiquid. You will not be able to freely move your assets into your X address, and you cannot transfer them to another P address. To move assets from one P address to another, you have to send them back to your X address and then send them to another P address.

Users must have 25 AVAX to delegate/stake in the wallet, the minimum amount of time one can stake funds for validation is 2 weeks for a lock-up period. The delegation fee set by validators is the portion of the rewards that are paid to the validators. The minimum delegation fee is 2%. However, there is no slashing on Avalanche, staked tokens are never at risk of loss due to poor validator performance.

When a validator is done validating the Primary Network, it receives back the AVAX tokens it staked. The validators will also vote on whether the leaving node should receive a staking reward for helping to secure the network.

A validator will only receive a staking reward if they are online and response for more than 80% of their validation period, as measured by a majority of validators, weighted by stake.When a node leaves the validator set, the validators vote on whether the leaving node should receive a staking reward or not.

How To Get Rewards for AVAX Staking and How Unstaking Works
AVAX rewards earned from staking are handled on the protocol level, and rewards will automatically be transferred to you once they are earned. AVAX tokens must be staked for a minimum of 2 weeks and a maximum of 1 year, and the staking rewards (as well as the staked tokens) will be received by the user after the staking period ends.

References:
https://www.avax.network/
https://core.app/ecosystem/projects
https://el33th4x0r.medium.com/state-of-avalanche-q1-2021-2565921a36d8
https://coinmarketcap.com/currencies/avalanche/

About Moonstake

Moonstake is the world's leading staking service provider that develops and operates decentralized wallet services for businesses and individuals. Since its launch in April 2020, Moonstake has partnered with 27 leading platform providers, including Cardano's constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange. Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools. https://www.moonstake.io/

About Moonstake's staking business

For the staking industry, which has grown into a 630-billion dollar market as of September 2021, Moonstake provides a decentralized staking service that does not require user deposits, and supports nodes around the world in addition to its own validator nodes. Moonstake currently supports the staking of 18 blockchains. With a total staking assets of 1.8 billion USD and a global user base, the company ranked third out of more than 10,000 providers worldwide in June of the same year.

About Avalanche

Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has the most validators securing its activity of any proof-of-stake protocol. Avalanche is blazingly fast, low cost, and green. Any smart contract-enabled application can outperform its competition on Avalanche. https://avax.network

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Blockpass Introduces 1st Unhosted Wallet KYC Solution in the Crypto Sector

HONG KONG, Dec 1, 2022 – (ACN Newswire) – Blockpass, the identity verification provider, is excited to announce a vital new service being launched to help businesses conform to new regulatory standards. With the release of Unhosted Wallet KYC(TM), companies are able to remain compliant with new regulatory laws that are coming into play globally in 2023.

Unhosted or 'non-custodial' wallets are those for which individuals, rather than financial organizations, control the keys. Whilst many prefer to keep control over their own wallets given the variety of issues with businesses such as exchanges or trading platforms hosting them over the years, there is an inherent risk that those trading with them are involved with fraudulent activity, terrorist financing or other illicit activities. To combat this, regulators around the world are developing requirements for unhosted wallets to pass through KYC controls and prove that they own the wallet. The world of crypto is going to be different, more regulated than ever from 2023 forwards. To ensure our current and potential customers are ready for it, Blockpass has developed and now released the very first Unhosted Wallet KYC solution, able to be implemented quickly and seamlessly to allow business customers to prove that user withdrawals to unhosted wallets are compliant.

Blockpass is a digital identity verification provider which provides a one-click compliance gateway to financial services and other regulated industries. Through Blockpass, users can create, store, and manage a data-secure digital identity that can be used for an entire ecosystem of services, token purchases and access to regulated industries. For businesses and merchants, Blockpass is a comprehensive KYC & AML SaaS that requires no integration and no setup cost. You can set up a service in minutes, test the service for free and start verifying and on-boarding users. Currently, with around one million verified user identity profiles, Blockpass facilitates instant onboarding, and to date over a thousand businesses have taken advantage of this opportunity to get access to users, including those with unhosted wallets, with reusable digital identity profiles.

"The increasing trend of cryptocurrency regulation is something we've always known was coming and welcomed in order to see a stronger and more widely accepted crypto market." said Adam Vaziri, Blockpass CEO. "We've been closely monitoring the state of regulations worldwide in order to prepare, adapt and develop our products to meet or exceed upcoming regulatory standards before they impact businesses. We make sure everyone has time to adjust to new requirements."

Blockpass has grown significantly in size and use since its inception, both in the number and range of users and organizations it has partnered with and the scope of its work. Blockpass continues to develop its digital identity protocol with updates and additions to improve the compliance experience. The existential need for DeFi projects to be regulatory compliant and the recent integrations and legal developments have led to a surge in interest for Blockpass' On-chain KYC(R), the only live zero knowledge solution for Crypto KYC, and Unhosted Wallet KYC solution finally enabling blockchains and DeFi platforms to have a compliance layer. Through its work with Animoca Brands from early 2022, Blockpass provides a zero knowledge KYC service where the delivery of the verification result is provably sent and shown on a blockchain without sharing the underlying data. This represents a significant step towards the future Blockpass hopes to bring about where identity verification can be proved without revealing any personal information at all.

About Blockpass

Blockpass is building trust in the Crypto Economy by providing..
– A home for all your Crypto KYC needs – KYC & AML for DeFi, exchanges & blockchains, Travel Rule provision for regulated VASPs, and blockchain forensics.
– A decentralized network of around one million crypto enthusiasts with portable KYC profiles and around one thousand business customers.
– The fastest, most affordable, fully stacked KYC & AML screening in the Crypto sector.
– The first and only KYC & AML "Crypto Travel Rule" solution for unhosted wallets.

In 2021, Blockpass was invited to enter the Cohort 7 of the UK Financial Conduct Authority Sandbox to offer a pilot our solutions for the UK market. Blockpass also introduced the On-chain KYC(R) solution that enables customers to access zero-knowledge verification of users so they can access provably completed verifications and adhere to standards without seeing the underpinning data. In 2022, Animoca Brands and Yuga Labs utilized On-chain KYC(R) when they verified over 150,000 users in the $320 million Otherside NFT sale – the largest to date in Crypto sector history.

The Blockpass App is available from the App Store and Google Play.

For more information and updates:
Promotional video: https://youtu.be/SvO2cw3e-SI
Website: http://www.blockpass.org
Email: sales@blockpass.org

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

GMEX Group Wins Best Development in FinTech of the Year

LONDON, Nov 28, 2022 – (ACN Newswire) – GMEX Group ('GMEX'), a leader in digital business and technology solutions for capital markets, is proud to announce that it has been awarded Best Development in FinTech of the Year by Crypto AM for its GMEX Pyctor institutional-grade digital assets technology. These coveted awards are judged by an independent, expert panel of industry leaders. GMEX competed with other finalists including Revolut to win.

GMEX Pyctor ('Pyctor') was acquired earlier this year by GMEX after being successfully incubated in ING Neo's innovation lab. It has been jointly developed in collaboration with multiple blue-chip financial institutions (both asset managers and banks) and regulators. This leading fintech provides regulatory compliant digital assets network and digital custody technology, and is designed for firms operating in regulated environments. It offers highly secure digital custody and transactional network services for a broad range of digital assets, as well as delivering interoperability between permissioned and public blockchains.

GMEX Group is in its tenth anniversary year. While its business started in traditional finance, developing exchange matching engines, clearing, settlement and custodial solutions, the firm was early to get involved in the digital assets space in 2017 with the subsequent launch of the GMEX Fusion, a unique centralised and distributed ledger market infrastructure suite for exchanges and post trade operators. It now has multiple solutions as part of an overall technology fabric, including its MultiHub 'network of networks' service, which interfaces with Pyctor, removing the need to integrate with multiple trading parties, trading venues and digital custodians. Sitting at that intersection, GMEX is a hybrid finance specialist, addressing the interoperability issues experienced in the market to bridge traditional and digital assets activity aligned with current and evolving regulations.

Hirander Misra, CEO of GMEX Group said: "The current environment will lead to increased regulations and an institutional digital flight to quality, creating a need for an offering which makes it easier navigate this with the right governance, control, security and risk management."

He continued, "GMEX Group is the first company to offer an end-to-end multi-asset, multi-sector Hybrid Finance solution designed for regulated environments, which bridges the gap between off-chain Traditional Finance (TradFi), Centralized Finance (CeFi) and on-chain Decentralized Finance (DeFi) across jurisdictions. We are pioneering in the domain of Hybrid Finance (HyFi) and are thrilled to have our success in developing unique solutions to address industry challenges formally recognised with this highly prestigious award."

Media Contact:
GMEX Group
Helen Disney
The Realization Group
Tel: +44 (0)7792 376 546
Helen.disney@therealizationgroup.com
pr@gmex-group.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Dubai to Host Blockchain Life 2023

DUBAI, UAE, Nov 25, 2022 – (ACN Newswire) – The 10th Global Forum on blockchain, cryptocurrencies and mining Blockchain Life 2023 takes place on February 27 – 28 in Dubai.

Having started in 2017, the forum quickly became one of the TOP-3 events worldwide in the cryptocurrency industry.

The forum is attended by key industry players, government representatives, heads of international companies and funds, investors, promising startups teams and beginners.

What to expect?

– Networking with 4000 attendees from all around the world and meeting business executives from top companies in the industry
– Exhibition area with 100 booths of digital companies
– Speeches by world-leading experts in the conference hall
– The greatest AfterParty on the luxury yacht "LOTUS"

Participants will find promising startups to invest in, meet new business partners and learn about all the relevant ways to make money with cryptocurrencies from industry leaders. The event program also includes a discussion about profiting on the latest trends: the metaverse, NFTs, DeFi, P2P trading, cryptocurrency arbitrage and more.

Attendees

Beginners in cryptocurrencies will be able to take their first step in the industry, while professionals will significantly expand their network of business contacts and find new business partners. Blockchain Life is a universal platform for development in the industry of cryptocurrencies.

Where and when?
February 27 – 28, Dubai, Atlantis the Palm.

Buy a ticket now: https://blockchain-life.com/asia/en/#tickets-row

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

World Blockchain Summit brings 2022 to a close in Bangkok this December

The 23^rd global edition explores the convergence of world-class content from the industry’s leading experts, entrepreneurs, and investors with the opportunity to find out about the latest trends within the scope of blockchain, crypto and web3..

BANGKOK, Nov 23, 2022 – (ACN Newswire) – After the incredible success of World Blockchain Summit Dubai, The Athenee Hotel, Bangkok is all set to host the 23^rd global edition of World Blockchain Summit on the 8^th– 9^th of December 2022.

With Thailand recording $135.9 billion in crypto value transacted over the year and emerging as one of ASEAN’s crypto trading hotspots, the Bangkok edition of the World Blockchain Summit aims to be a hub for all the important stakeholders from the blockchain, cryptocurrency and web3 ecosystem that includes investors, upcoming projects, enterprises, government representatives and technology leaders – to discuss and deliberate the future of the industry and the revolutionary ways it can transform businesses and government functions.

Nicole Nguyen, Co-founder, APAC DAO says “Bangkok and WBS have always been at the heart of web3 movement in APAC and as Asia’s leading web3 community, APAC DAO is keen to network with and explore potential collaboration with global partners and business leaders to become a prominent launchpad for web3 builders in the region.”

The Summit will gather top minds from the global and regional spaces under a single roof. Some of the experts speaking at the event include:

Jirayut Srupsrisopa, Founder and Group CEO, Bitkub Capital Group Holdings Co., Ltd;
Sanjay Popli, CEO, Cryptomind Group, Advisor, Thailand Digital Asset Association;
Daniel Oon , Head of DeFi, Algorand Foundation;
Kanyarat Saengsawang, Head of Growth, The Sandbox;
Matt Sorg, Head of Technology, Solana Foundation;
Nicole Nguyen, Co-founder, APAC DAO to name a few.

“I’m looking forward to connect with market leaders and the wider community, at arguably South East Asia’s premier blockchain event for 2022.” said Toby Gilbert, Cofounder & CEO, Coinweb, one of the esteemed speakers at World Blockchain Summit Bangkok.

Mohammed Saleem – Founder & CEO, World Blockchain Summit states “With the global adoption of blockchain technology having a significant impact on every sector of business and industry and Thailand emerging as a crypto leader in the ASEAN market, we intend to unite the crypto aficionados in a two-day conference with the objective of ‘Fostering the Future of Web 3.0′”

World Blockchain Summit Bangkok is sponsored by-

Headline Sponsor: Bybit
Platinum Sponsor: SafuuX
Gold Sponsor: Pandolab
Lunch Sponsor: SafuuX
Pitch Partners : Aura Dogs, Gawooni Metalabs
Exhibitor : Amaze World

Official Media Partner: Coin Edition

Official PR Partner: Luna PR

Media Partners:

About World Blockchain Summit (WBS)

As the world’s largest blockchain and web3 summit series, WBS has hosted more than 35,000 industry stakeholders at more than 20 editions in 10+ destinations around the world.

WBS is committed to boosting the development, adoption, and growth of the entire web3 ecosystem.

To book your tickets, visit: https://worldblockchainsummit.com/bangkok/#book-ticket

For enquiries, Contact: comms@worldblockchainsummit.com