Introducing Bitdeer Group, the World’s Premier All-Inclusive Digital Asset Mining Service Provider

SINGAPORE, Sep 8, 2021 – (ACN Newswire) – Bitdeer Group was established by renowned crypto pioneer Jihan Wu, the co-founder of Bitmain and Matrixport, which provides mining-related services to individuals and enterprise clients worldwide. With its headquarters located in Singapore, Bitdeer Group has branches in North America, Europe, and other regions. Bitdeer Group is committed to becoming the world's most reliable digital asset mining service provider. It offers three lines of business – Bitdeer, Mining Datacenter, and smart mining service. Bitdeer Group is developing market-oriented strategies and integrating resources for high-quality services and major moves in its global operations.



Together, these verticals reflect Bitdeer Group's professional development as well as its drive to continually cultivate authentic and trustworthy services for participants of the blockchain space. "Over the long-term, the blockchain industry is bullish and is undeniably the biggest opportunity for both investors as well as developers. The innovations in this industry may even surpass those that came with the advent of the internet," said Jihan Wu, chairman and founder of Bitdeer Group.

Mining and acquiring digital currencies are complex processes, but there are ways to obtain newly minted cryptocurrency without contending with technical intricacies. Whether you are a crypto-curious newcomer or a long-time believer, Bitdeer Group's mining machine sharing, Mining Datacenters, and mining management platform weave together a seamless, easy acquisition strategy for any user around the world. "Bitdeer Group has made arrangements to adapt to developments in the mining sector and changes in the market," said Matt Kong, CEO of Bitdeer Group.

One-Click Mining with Bitdeer's Top-Notch Service

As the world's first platform to deliver real hashrate capacity at the base rate of 1 TB, Bitdeer features straightforward traceability for hashrates, direct payouts from the mining pool, and customizable service plans, with a convenience that makes it possible for anyone to take advantage of mining. Bitdeer offers support for more than 10 cryptocurrencies – including Bitcoin, Ethereum, Zcash, Litecoin, and Doge – providing a variety of choices that fit short-term and long-term wealth creation objectives.

Moreover, Bitdeer's service verticals include Cloud Hashrate, Cloud Hosting, and Hashrate Market for retail customers, as well as the Institutional Customer Service. Bitdeer's cloud service is convenient for its kind for anyone anywhere in the world.

Right now, Bitdeer has hundreds of thousands of mining machines running in Europe and North America, with monthly traffic of over 3 million visitors as an endorsement of long-time clients.

Energy-Efficient Mining Datacenters with a Global Footprint

Mining Datacenter was the first to develop standardized, professional mining facilities and provide cryptocurrency mining services to global partners, drawing from eight years of experience in the field. This includes site selection, facility design, construction, maintenance, and general one-stop technical support. Its team originates from Bitmain's former mining department.

So far, more than 30 Mining Datacenters have been constructed for proprietary and client usage, as well as partners located around the world. Bitdeer's fundamental infrastructure is supported by sophisticated Mining Datacenters located in various parts of the United States and Norway. These facilities can operate at an optimum level under various climate conditions and link up various forms of power supply.

Altogether, Mining Datacenters wield the world's sizable aggregate mining capacity. Its facility in the USA is one of the largest operations of its kind in North America. Alongside a focus on being fully compliant with regulatory demands, Mining Datacenters are forging a path to 100% renewable energy.

Boosted Efficiency with Smart Mining Service

As an integrated smart mining service of Bitdeer Group, it offers a unified platform for infrastructure oversight and control, giving miners the means to solve problems that they may encounter during their regular operations and achieve the highest efficiency. Tracing its roots to the Antsentry team of Bitmain, it helps miners solve problems they may face during mining operations to achieve the best efficiency.

This proprietary infrastructure software suite is utilized to regulate the expansive operations involving hardware assets spanning continents. The platform assists miners to prevent and solve problems that may arise during day-to-day operations. It can provide up to a 100% boost in efficiency while eliminating the need for human intervention by 50% for large-scale mining farms.

The platform includes automated monitoring functionalities, batch management features, security capabilities, data-driven analysis, as well as energy and power meter management processes. The platform is calibrated to mesh with all mainstream mining rig models and pools for maximal impact in any context.

Bitdeer Group Is Committed to Becoming the World's Most Reliable Digital Asset Mining Service Provider

With more than 300 staff spread across facilities around the world, Bitdeer Group is distributed at a global scale, ensuring risk resistance and versatility that enables stable mining 24 hours a day, seven days a week.

That makes it even more crucial to merge diverse cloud services with its infrastructural backbone and intelligent management and maintenance platform for cutting-edge mining services. With a philosophy rooted in the origins of blockchain technology and cryptocurrency, Bitdeer Group is prepared to service customers who are in pursuit of stable, dependable crypto financial growth.

About Bitdeer Group

Bitdeer Group is the world's leading digital asset mining service provider. It was founded by Jihan Wu, a renowned pioneer in the crypto industry, along with Sequoia Capital, IDG, and other well-known investment institutions in the blockchain field. Founded in 2020 with headquarters in Singapore, Bitdeer Group has branches in the United States, Europe, and other countries and regions. Under the group, there are currently three business lines – Bitdeer, Mining Datacenter, and smart mining service. Together, they provide a full range of mining services, including mining machine sharing, mining infrastructure construction, and mining operation management. www.bitdeergroup.com.

For more information, please contact:
Website: https://bitdeergroup.com/
Business Contact: contact@bitdeer.com
Media Contact: pr@bitdeer.com


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

Scallop to launch in EU and UK markets in October

LONDON, Sep 8, 2021 – (ACN Newswire) – Scallop, the world's first DeFi-powered banking app with integrated DeFi-powered accounts, is formalizing plans for launch in the EU and UK markets in late October 2021, with international expansion plans to follow. A one-stop solution for both banking services and crypto DeFi services, Scallop provides traditional banking services for busy users with a cryptocurrency core.



Scallop's ecosystem is focused on offering its users DeFi-powered banking solutions in an all-in-one account that enables them to manage their cryptoassets and fiat in a faster, more efficient, and secure manner, thereby making people's day-to-day lives more manageable, while also bringing crypto a step further into the mainstream.

"Scallop's mission is to accelerate the global transition to a more decentralized and equitable financial system. Therefore, there is a requirement for a banking infrastructure that bridges the crypto and fiat worlds. Scallop will allow its users to use their digital assets in the real world for the very first time. This is a major step for any foreseeable future of cryptocurrencies; without using crypto in the same way as fiat, the future is limited," said Raj Bagadi, CEO and Founder at Scallop.

With Scallop accounts, users will be able to pay for goods, set up direct debits, send or receive cross-border payments, and more. Scallop also comes with an in-built non-fungible tokens (NFT) marketplace where users can easily buy or sell their crypto-collectibles securely. And on top of that, Scallop users will also be able to earn the best interest rates from DeFi protocols like Compound and Aave.

Scallop has already secured a license to provide virtual currency exchange and wallet services from Estonia's MTR financial regulators, and the team is waiting on the UK's Financial Conduct Authority (FCA) Regulation as an EMD for Electronic Money Institution (EMI). Scallop's also shortlisted in Europe for regulation as an Electronic Money Intermediary. (Scallop services will not be immediately available in the United States)

Scallop will make further announcements as the EU and UK rollout, expected to go live in October 2021, begins. All application development has been completed, and security audits are taking place to ensure the product is technologically sound before the final launch.

About Scallop
Scallop is a DeFi enabled neo-bank that utilises blockchain at its core to provide a safe and secure solution to bridge the gap between traditional and decentralised financial systems – the world's first DeFi powered bank. Find out more at www.scallopx.com.

Official Scallop Links
Website: https://www.scallopx.com/
Medium: https://medium.com/scallopx
Twitter: https://twitter.com/ScallopDefiBank
LinkedIn: https://www.linkedin.com/company/scallopx/
Telegram: https://t.me/Scallop_Official
ScallopLight: https://tinyurl.com/scallop-light

Contact:
Karampal Singh
karampal.s@scallopx.com
Scallop Group Limited


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

Bit2Me Raises 5 Million Euros as Phase One of ICO Sells Out in Under 60 Seconds

MADRID, Sep 7, 2021 – (ACN Newswire) – Bit2Me has closed the first phase of its ICO (Initial Coin Offering) in just 59 seconds, raising a figure of 5 million euros. This is the most successful token issue ever launched in Spain. The second phase will start on September 13 and the third phase on September 21.



Record-Breaking ICO

The Spanish cryptocurrencies platform had already raised 2.5 million in a private round in early August. In total, it has achieved an investment of 7.5 million euros through its B2M token, which can be reserved from the official website

After the success of the first phase, the company is preparing the second phase of the ICO, which will take place on September 13, with the greatest of guarantees. The third and final phase will start on September 21. It is possible to join the queue for both and schedule a purchase through a form available on the website.

On September 6, Bit2Me issued a total of 500 million tokens. Another 500 million will be put into circulation in the second phase, while 250 million will be launched in the third phase. In total, Bit2Me will issue 1.25 billion tokens.

Global Appeal

The interest in the ICO was so great in the days prior to the first phase that the company opened operations in 13 other countries in order to meet demand. In this way, citizens of Uruguay, Panama, Colombia, Bolivia, Puerto Rico, Costa Rica, Ecuador, Guatemala, Honduras, Jamaica, Dominica, Martinique, and Guyana had the opportunity to invest in B2M. These countries join the more than 70 others in which B2M operates.

Bit2me CEO and Co-founder, Leif Ferreira stated:

"It was very important for us to demonstrate that from Spain we can also digitally transform the world in the style of Silicon Valley. We are the pioneers in a technology that is revolutionizing the whole planet. We have demonstrated why we are one of the engines driving this disruptive proposal."

One of the advantages for B2M token holders is that they will be able to benefit from discounts of up to 90% on commissions, access better conditions for various associated services, and play a role in governance for certain decisions in the company's future.

Bit2Me Socials
Telegram: https://t.me/Bit2Me_E
Twitter: https://twitter.com/bit2me
Facebook: https://www.facebook.com/bit2me/
LinkedIn: https://www.linkedin.com/company/bit2me/

Media Contact:
Victoria Salas, media@bit2me.com

Bit2Me is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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

Baanx Acquires Stake in Major US Fintech Bank

LONDON, Sep 6, 2021 – (ACN Newswire) – Baanx, the fast-growing B2B2C "Better than a Banking Platform" specialising in fintech services & lending, becomes the third-largest shareholder in the United States regulated Maxwell State Bank in a multi-million-dollar deal to enhance cybersecurity and banking access to communities throughout America.



Maxwell State Bank is a fintech bank and VISA Principal Member established circa 1943 in Iowa. With total assets of $29,655,000 and deposits of $25,058,000 Maxwell has been FDIC certified since 1943 for insured deposits. Maxwell was acquired by serial fintech entrepreneur Ronald Ingram, founder of multi-billion dollar fintech programs and companies. He has ambitious plans to make this bank the most secure and future-proof bank in America by expanding their services. He plans to achieve this by working with fintech leaders in cybersecurity, cryptography, tokenization and private/public key infrastructure companies.

Baanx has rapidly become a market leader in secure transaction payment systems, secured lending and banking services with a focus on fast growing verticals. Offering VISA & Mastercard programs through their platform, combined with secured lending services from as little as 0% APR, they are expanding quickly through their B2B2C business model. Baanx partners with leading corporate communities, white-labelling as a leading brand, whilst completely managing the delivery and support of the service to each community they engage with.

Garth Howat, CEO of Baanx said, "We are very excited to have taken a stake in Maxwell and working with Ronald Ingram, who has a strong track record of delivering high performing secure fintech services, having been responsible for $100s of billions of fintech transactions in recent years."

Ronald Ingram, Chairman of Maxwell said, "We are very pleased to welcome Baanx as an investor in Maxwell State Bank. Maxwell Bank has been profitable and well managed for decades, Maxwell, as of 2021, is the most connected bank in North America with direct fiber and low earth laser satellite connectivity. We expect Baanx will expand upon Maxwell's commitment to futurize banking. Baanx is a money center fintech, in the historical banking center of the world, London, with specializations across cryptography, lending, cybersecurity and public/private key infrastructure. We look forward to strategic partnership opportunities such as state-of-the-art cyber security, access to digital safe-keeping of assets and general privacy that we expect to evolve out of this strategic investment."

About Baanx

Baanx "Better than a Banking Platform", offers banking services to fintechs, including secured lending against digital assets and payment authorisation integration into VISA, Mastercard & other transaction payment systems. Baanx headquarters are in London (UK) with subsidiaries in Delaware (United States), Portugal and Lithuania. Baanx manages digital assets using military grade cryptography for maximum privacy and security with digital asset insurance through their partners up to $100M. Baanx is managed by a seasoned team with over a hundred years of combined experience in banking, financial technology, cryptography, finance and digital marketing.

About Maxwell

Maxwell State Bank has been serving Americans for nearly 75 years. January 2021 it was acquired by Ronald Ingram, a serial entrepreneur in fintech, who created a roadmap to ensure the future of this well-established profitable bank for the next generations in the community, region and beyond.

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

Muse Finance, Strategic DeFi Partner of Moonstake, Welcomes CEO and Founder of Blocklime Aboard as Advisor

SINGAPORE, Sep 6, 2021 – (ACN Newswire) – Today, Muse Finance, the strategic DeFi partner of the industry-leading staking provider Moonstake, announces that it has onboarded Harpreet Singh Maan, the CEO and Founder of Blocklime, as its strategic advisor. The addition of a key advisor will serve to strengthen the development and leadership of Muse project and thus, the growth of Muse and Moonstake as the two projects work together to penetrate the DeFi market.



Having started with blockchain development at the age of 19, Harpreet gained diverse experience in software development, information technology, blockchain, and distributed ledger technology (DLT) development. Along his journey, Harpreet gained a position in the ISO Committee as a National committee member on ISO standards for "Blockchain & Electronic Distributed Ledger Technologies". He is currently Ambassador for Hedera Hashgraph and Hyperledger and an elected Advocate for Quorum by JP Morgan which was acquired by Consensys recently and Harpreet continues to serve as an advocate for Quorum under Consensys.

Harpreet is also a member of MDEC Digital Expert Panel & Industry Mentor under Digital Counsellor Programme to assist on DLT adoption in education & industry. Currently, he leads Blocklime, a Malaysian-based development & training company that specializes in Blockchain and DLT, while also acting as an advisor for multiple enterprises & governments on DLT adoption strategies. Harpreet is a thought leader focusing on solving problems with DLTs and exploring its potential applications in fintech, insurtech, and regtech. He believes that it is crucial to building talents and communities by conducting blockchain and DLT training, and he is a well-known speaker and trainer on these technologies himself.

Muse is a comprehensive DeFi platform launched in March 2021. It is working to launch various DeFi products, including a Wrapper to issue wrapped tokens for staking assets that can be used to provide liquidity to staked assets, as well as DEX (decentralized exchange) and Lending platforms to facilitate the distribution of such assets. To access these products, users will need Muse tokens that are currently available as an early adopter reward via Muse's lockdrop that is ending on 25 October, 2021. Muse is also a strategic partner of the industry-leading staking provider Moonstake and the two are working closely to penetrate the field of DeFi and bring advanced DeFi connectivity to staking users globally. As a fast-growing project in a rapidly developing market such as DeFi, strengthening the executive and advisory boards, amongst others, will be key to propelling the Muse platform and thus, Moonstake's journey in DeFi, to success. Previously, Muse also appointed David McDonald, a former CEO of Centrality Japan, as its Chief Technology Advisor (CTA) to lead the technology build-out Muse Finance needs to take on the DeFi market.

In welcoming Harpreet to the Muse's advisory board, Shogo Ishida, the Founder of Muse Finance and Senior Advisor of Moonstake, says: "Harpreet is a veteran in the field of blockchain and decentralized technology with his great experience leading esteemed companies and organizations. With Harpreet being a part of our advisory board, I am confident that Muse's growth on our journey to success will be greatly accelerated, and this will also benefit our partnership with Moonstake tremendously as the two of us work together to deliver excellent innovations to the DeFi market."

About Muse Finance

Muse.Finance is a Decentralized Platform where crypto users can receive staking rewards as well as participate in wrapping, swapping, lending, and yield farming to gain benefit. Its ecosystem, which consists of Muse Swap, Muse Lending, and Muse Wrap, enables a liquid PoS platform that integrates the ERC-20 DeFi Ecosystem with Ethereum 2.0. Muse.Finance also links non ERC-20 assets with the ERC-20 ecosystem, allowing owners of staked assets on platforms such as Cosmos, IRISnet, Cardano, etc. to participate in lending, liquidity mining, and yield farming. https://musefinance.io/

About Blocklime

Blocklime Technologies is blockchain thought leader & enabler based in Cyberjaya. Blocklime is a service startup focusing on developing blockchain technology, educating developers & technical consulting. https://www.blocklime.com/

About Moonstake

Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies.

Moonstake aims to be the largest staking pool network in Asia by providing an active environment for crypto asset holders. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia's burgeoning Distributed Ledger Technology (DLT) ecosystem. Partnerships have been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan's biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore-listed company. Industry's reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake's innovative journey.

With a full-scale operation launched in August 2020, we expanded our business and as of now, our total staking assets exceeded over USD 1 billion. https://www.moonstake.io/

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

Binance and APENFT to Cohost ApeAvatar Charity Mystery Box Event on September 6

SINGAPORE, Sep 3, 2021 – (ACN Newswire) – Binance and APENFT will cohost the ApeAvatar Charity Mystery Box event opening on September 6. Centered around charity, the 60-day event incorporates NFT celebrity avatars and mystery boxes of designer toys to unleash greater potential for the NFT ecosystem. This marks another collaboration between the two after the Genesis NFT auction in June.



It is understood that the "ApeAvatar" event comprises two major sections – charity avatar claiming and the sale of select mystery boxes.

APENFT will create well-designed cyberpunk-style NFT avatars of 50 global influential people, including Justin Sun (founder of TRON) and Changpeng Zhao (founder and CEO of Binance), for them to claim. For each of the avatars claimed, APENFT will donate $5,000 to international philanthropic organizations such as One Tree Planted and Koala Clancy Foundation, in support of their tree planting projects.

In addition to the novel "celebrity + charity" activity, a select series of mystery boxes in a similar style to the celebrity avatars will also be launched at the event. This series features the classical Mona Lisa and David of Michelangelo, with each image composed of three independent parts – body, clothing, and colors – to endow the NFTs with uniqueness.

Earlier in June, APENFT joined hands with Binance and TRON and hosted the first auction on Binance NFT, which was titled Genesis. At the exclusive auction, the NFT version of Three Self-Portraits by Andy Warhol, a household pop artist, was sold for a spectacular $2.8 million. A total of 100 NFT artworks from the three series derived from Three Self-Portraits were sold out on Binance NFT as well. The auction concluded with record success on all fronts, including the quality and quantity of auction items and the closed deals.

APENFT and Binance are working together again to launch the ApeAvatar event, drawing on the clout of KOLs on social networks for charity auctions and leveraging the blockchain technology and NFT to boost support for philanthropic activities. This event showcases the potential in NFT, as well as the commitment of APENFT and Binance to the NFT field.

APENFT is backed by the underlying technology of top-notch blockchains Ethereum and TRON with support from the world's largest distributed storage system BitTorrent to deliver the mission of registering world-class artworks as NFTs on the blockchain. The foundation owns a collection of works by famous artists such as Pablo Picasso and crypto artists Beeple and Pak, with a total value of more than $30 million.

Embodying the combination of "art + technology", ApeAvatar guides people to co-build the Metaverse and to create a new era of digitalization, during which APENFT and Binance NFT will serve as a bridge for this great migration while fulfilling their own missions.

Media Contact:
Jessica ZHANG, APENFT
E-Mail: jessica.zhang01@tron.network
Website: https://www.apenft.org

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

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