Category: Crypto

Crypto Oasis, Crypto Valley, the DLT Science Foundation and Inacta Ventures Join Forces in a Groundbreaking Initiative

Crypto Oasis, Crypto Valley, the DLT Science Foundation and Inacta Ventures Join Forces in a Groundbreaking Initiative.Crypto Oasis, Crypto Valley, the DLT Science Foundation, and Inacta Ventures united to unveil the Global Protocol Report at The Hub of Casper Labs in Davos on the 17th of January 2024. It is an exhaustive examination of DLT (Distributed Ledger Technology) protocols that intends to empower decision-makers and policymakers with invaluable insights and data points, enabling them to plot their course in the burgeoning WEB3 space confidently.



Highlights:

The report has unprecedented transparency and clarity, granular insights, and an evolving analysis of DLT protocol attributes. It will help industry experts and novices gain foundational knowledge on DLT concepts, WEB3 ecosystem infrastructure, the evolution of the Blockchain landscape, and the role of capital, talent, infrastructure, and regulations in WEB3 innovation.

The Global Protocol Report introduces a comprehensive framework for assessing the maturity of DLT protocols, facilitating informed decision-making with concise protocol fact sheets. The report also reveals Switzerland’s dominance with 68.58% of the share of market cap of top protocols per country, followed by Singapore at 13.93%. The Global Protocol Report boasts some illustrious partners such as Coindesk Indices, Dialectic, DFINITY, Hedera, and Sui.

Unveiling the Inaugural Global Protocol Report 

A Comprehensive Analysis of Blockchain Protocols

The report’s primary objective is to offer a nuanced understanding of prominent DLT protocols, exploring their strengths, weaknesses, and unique value propositions. The report has unparalleled depth and will delve into the foundational concepts of Distributed Ledger Technology. The subsequent sections delve into critical components of successful innovation, including the role of capital, infrastructure, and talent in advancing DLT protocols.

The report also addresses the intricate landscape of valuations and funding in the Blockchain sphere, focusing on critical aspects, including market cap distributions, revealing Switzerland’s dominance with 68.58% of the share of the market cap of top protocols per country, followed by Singapore at 13.93%. In terms of numbers, 20 of the leading DLT protocols are based out of Switzerland, just one short of the 21 based out of the USA. Switzerland’s leadership in the Crypto landscape is grounded in its renowned financial industry, known for security, neutrality, and privacy. This magnetism for digital asset holders has redefined the country as a centre for Crypto finance and decentralized technologies.

Ralf Glabischnig, Co-Founder of Crypto Oasis, highlighted the regulatory challenges in the Blockchain landscape, noting the significant variations globally. He emphasised Switzerland’s stability and leadership in the Blockchain domain, stating, “In the report we have explored the jurisdictions shaping the WEB3 landscape, analysing regulatory frameworks, infrastructure elements, and other factors influencing their favorability. It’s challenging how regulations can vary so greatly depending on where you are in the world, involving different regions, legal jurisdictions, and governing bodies. Switzerland, being a prominent player in Blockchain, stands as a pillar of stability and one of the most popular jurisdictions for DLT protocols. The Global Protocol Report also details valuation models and funding mechanisms so stakeholders can make informed choices and contribute to a thriving ecosystem.”

Glabischnig acknowledged that the European Union’s introduction of the Markets in Crypto-Assets Regulation (MiCA) is a notable step towards creating a cohesive framework, potentially serving as a blueprint globally. Such a regulatory landscape underscores the importance of understanding and navigating diverse legal frameworks, making the Global Protocol Report an invaluable resource.

The report delves beyond the Blockchain trilemma, i.e., the scalability, security, and decentralization trade-offs, shedding light on the emergence of side chains and second-layer solutions. This exploration unlocks new avenues for optimizing performance and maximizing user experience.

The Global Protocol Report marks a significant milestone in Blockchain research because it provides a comprehensive assessment framework for assessing the maturity of DLT protocols. This framework will allow readers to gauge the strengths and weaknesses of each of the selected protocols, facilitating comparison and identification of potential areas for improvement.



Commenting on the protocol maturity framework, Daniel Rutishauser, Partner, Head WEB3 Venture Building, Inacta Ventures said, “In our daily work, we are using our assessment framework to select the protocol that best fits the requirements for a WEB3 solution. In this report, for the first time, we give some insights into it as guidance for others to successfully build WEB3 solutions. The Global Protocol Report is a game-changer for understanding DLTs. This is a data-driven roadmap with a clear framework for assessing protocol maturity that will empower decision-makers and policymakers in the intricate world of Blockchain technology. By shedding light on the technical complexities and financial dynamics of DLT protocols, the report paves the way for a more informed and responsible WEB3 future.”

Each of the selected Blockchain protocols has been researched and graded on various attributes, including governance, performance efficiency, reliability, security, maintainability, usability, and adoption. The fact sheets for each protocol in the second part of the report include facts and figures such as the consensus mechanisms, transaction speeds, Tokenomics, etc.

“The Global Protocol Report is a critical resource to understand the Blockchain landscape, offering a unique lens on the evolution of DLT protocols. It not only tracks the advancements in Blockchain technology but also provides a framework for assessing protocol maturity. Our collaboration in this report underlines the DLT Science Foundation’s dedication to fostering informed decision-making in the Blockchain arena, especially as we navigate the complexities of scalability, security, and decentralisation. This report is an essential guide for anyone committed to understanding and shaping the future of WEB3.” said Paolo Tasca, Co-Founder and Chairman of the DLT Science Foundation.

A unique aspect of the Global Protocol Report is its commitment to being an evolving and dynamic resource. Regular updates will incorporate new trends and developments, allowing for a time series analysis and showcasing major shifts in the protocol landscape over time. This ensures users have access to a resource that remains current, providing a valuable lens for assessing the evolving maturity and potential of individual protocols.

“We are excited to be included in the first edition of the Global Protocol Report, providing digital asset market intelligence through meticulously crafted research”, said Alan Campbell, President of CoinDesk Indices. “As a firm dedicated to rigorous research and thoughtfully constructed indices, we are pleased to partner with Crypto Oasis and Inacta Ventures as they further the global Crypto economy through education.”

The Global Protocol Report stands as a beacon of clarity in the ever-shifting landscape of WEB3. This essential resource promises to fuel the development of a more robust and thriving DLT ecosystem. The Global Protocol Report is an invitation to explore, understand, and shape a future powered by distributed ledger technology.

Download the Global Protocol Report today and embark on your own journey of discovery within the ever-evolving Blockchain landscape.You can download the report at https://cryptooasis.ae/globalprotocolreport2024/

About Crypto Oasis

The Crypto Oasis is a Middle East-focused Blockchain ecosystem supported by initiators of the Crypto Valley Switzerland. The core elements needed for its development are Talent, Capital, and Infrastructure. The Ecosystem’s stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Education & Research Institutions, Service Providers, and Government Entities & Associations. Crypto Oasis is the leading Blockchain ecosystem in the world. Today it is the fastest growing, with more than 1,800 organisations in the UAE alone. www.Cryptooasis.ae

About Crypto Valley

The Crypto Valley Association is a Swiss-based independent with the mission of building the world’s leading Blockchain and Cryptographic technologies ecosystem. The CVA is powered by its eleven Working Groups and by its driven members. The main purpose of the Association is fostering collaboration, driving adoption of digital assets and connecting startups, established enterprises through networking, research, policy recommendations, and its yearly flagship conference – the Crypto Valley Conference.Learn more through https://members.Cryptovalley.swiss/

About Distributed Ledger Technology Science Foundation

DLT Science Foundation is an international nonprofit organisation committed to help create a more equitable society — one that fully utilises DLT, Blockchain and related WEB3 technologies by fostering an open, sustainable innovation ecosystem of leaders, science fellows and developers.

About Inacta Ventures

As a network enabler and execution company, we are dedicated to connecting startups and corporates in the WEB3 space. With a strong and proven network of partners and advisors, we offer a comprehensive range of services to help our clients navigate the complex world of Blockchain and WEB3. Our services include advisory, venture building, smart capital and community building. With our ecosystem, we offer a range of high-quality services to help our clients achieve their goals and succeed in the WEB3 space. Let us help you turn your WEB3 idea into reality.https://inacta-ventures.com/

About CoinDesk Indices

CoinDesk Indices (CDI), a subsidiary of CoinDesk, has been the leading provider of digital asset indices by AUM since 2014. CDI is driven by research and a desire to educate the marketplace and empower investors. CoinDesk is the most trusted media, events, indices and data company for the global Crypto economy.

For more information contact:
Faisal Zaidi
Crypto Oasis
faisal@Cryptooasis.ae
+971 55 200 0840

Visit us on social media:
Twitter
LinkedIn
YouTube
Other

Blockpass Heralds Cutting Edge Compliance Automation – Advanced KYC Bot(TM)

Blockpass is proud to reveal a brand-new automation advancement that will see the KYC experience for its customers improved even further with the introduction of the Advanced KYC Bot(TM). Included as standard for all Managed Service add-on clients, the handy new bot will automate the KYC process even further, reducing the time and effort required for compliance by monitoring and processing flags to KYC profiles.

Also available on a standalone basis for Enterprise customers, the Advanced KYC Bot(TM) builds on the capability of legacy KYC Bot versions which automatically approve a KYC profile if there are no flags raised for it. If there are potential issues detected, the Advanced KYC Bot(TM) reviews and actions these via a remediation process which involves cross-referencing matching AML data, addressing any deficiencies in the documentation provided, and dealing with any issues arising from a blocked nationality. These new capabilities will reduce the time taken to address flagged profiles, whether due to issues with the data or user error in uploading or inputting information, which will ultimately lead to fewer issues or delays onboarding customers and an improved user experience of the whole process.

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.

“We all know that regulation and compliance underpin a safe and responsible ecosystem for crypto and blockchain users, but the whole idea of Blockpass is to make the process faster, simpler, more efficient and less intrusive for both businesses and their customers,” said Adam Vaziri, Blockpass CEO. “Our tech department has been hard at work on this new development and we’re delighted to be able to showcase how it will innovate the KYC process for our customers even further. Not only that, but we also have further developments in the works that we’re excited to share with you in the near future.”

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®, the only live zero knowledge solution for Crypto KYC, and Unhosted Wallet KYC(TM) solution finally enabling blockchains and DeFi platforms to have a compliance layer. For Animoca Brands and Yuga Labs’ Otherside NFT minting in 2022, Blockpass exclusively started the first zero knowledge KYC service where the delivery of the verification result is provably sent without sharing the underlying data.

About Blockpass
Ditch tedious onboarding and say hello to seamless compliance with Blockpass, the ultimate turnkey solution for KYC, KYB, and AML. Experience the market’s most efficient and cost-effective compliance suite, built by seasoned compliance veterans and crypto-natives. Automate compliance processes, eradicate fraud, and onboard globally with confidence. Verify businesses worldwide, launch bank-grade verification for your organization, and instantly activate compliant KYC/AML for DeFi, exchanges, token launchpads, NFT mintings and beyond. Through Blockpass’ decentralized network of a million pre-verified crypto-enthusiasts and a thousand pre-verified businesses, you can expand your reach effortlessly. Leverage Advanced KYC Bot(TM) for intelligent remediation, On-Chain KYC(R) for data-free anonymity, and Unhosted Wallet KYC(TM) to meet Crypto Travel Rule regulations. Join Animoca Brands, Cardano, Polygon, Chainlink, Delta Exchange, National Geographic, TinyTap, Seedify, ChainGPT, Iskra and many more in partnering with Blockpass for compliance you can trust, growth you can accelerate and an experience you can enjoy. Join the cutting edge of secure, streamlined onboardings.

Learn more and engage the Blockpass team via the following:
Website: http://www.blockpass.org
Email: sales@blockpass.org

Advancing Financial Inclusion AUC Coins Set to Revolutionize Retail Payments in South Africa

Advanced Project, a leading force in African blockchain innovation, is taking a major step towards true financial inclusion in the continent with the integration of AUC Coin as a payment method at retail stores across South Africa. This exciting partnership unlocks new possibilities for digital asset adoption and sets the stage for wider cryptocurrency use in the region.

South Africa, at the forefront of embracing digital assets following the Financial Sector Conduct Authority’s recognition of them as financial products, is witnessing a transformative shift in payment methods. The integration of AUC Coin as a payment method is a testament to Advanced Project’s unwavering commitment to democratizing finance in Africa. By simplifying digital asset access and use, Advanced Project empowers individuals and businesses alike, fostering a more inclusive and prosperous future for the continent.


As a testament to this evolving landscape, the Pick N Pay group, the largest retail group in the Southern Africa region with 2,204 stores across eight countries, has partnered with CryptoConvert. In September, the integration of the CryptoQR Payments API allowed direct payments with digital assets at all Pick N Pay counters in South Africa. This partnership is a crucial step in bringing digital currencies into mainstream usage for everyday transactions. Other large retail groups like Pick N Pay, will also soon be accepting payments in digital assets.

Ashiek Anandhaw, CEO of AUC comments, “The Advanced project uses its own end-to-end payment platform, TIER, which directly connects AUC Coins to users and merchants, to provide a payment system in an easier environment in both offline and online environments, allowing users to pay not only for goods, but also for other value-added services and municipal bills.”  AUC Coin from the Advanced project is a native token used extensively in the on/off-chain ecosystem of the project.

It has successfully undergone testing for payment services using AUC Coin in several South African retailers, expanding the usage of AUC Coin beyond South Africa to the entire African continent.

This initiative expands AUC Coin’s utility beyond online transactions and paves the way for everyday purchases with digital assets. It has the potential to revolutionize financial access and inclusion across the African continent.

Through partnerships like this, Advanced Project is taking concrete steps toward realizing its vision of a blockchain-powered Africa, where everyone has equal access to financial tools and opportunities. This paves the way for increased not only Bitcoin and Ethereum but also various digital assets like AUC coin usage in retail, propelling Africa to the forefront of the global cryptocurrency movement.

The Advanced Project

The Advanced project is a blockchain-based initiative that aims to promote financial inclusion in Africa through digital assets. The project offers a comprehensive platform that connects users and merchants through its own end-to-end payment system, TIER, which allows for fast, low-cost, and secure transactions using AUC Coins, the native token of the project. The project also provides a range of value-added services and solutions, such as remittances, microfinance, insurance, and municipal bill payments, that aim to improve the lives and livelihoods of millions of Africans who lack access to traditional financial services. The project’s vision is to create a more inclusive and prosperous Africa through the power of blockchain and digital assets. For more information, visit https://aucunited.com/. 

Contact:
Rendani R.
support@aucunited.com 

Bracket Labs Announces $2 Million Pre-Seed Raise to Support the Launch of its ‘Passages’ Trading Platform

Bracket Labs completed a $2 million pre-seed fundraise round to support the launch of “Passage,” a volatility trading product available on the project’s BracketX trading platform. The debut of the range-bound product makes trading long and short volatility entirely on-chain easy for traders of all levels.

In June 2023, Bracket Labs completed Binance Labs’ Season 5 Incubation Program and received investment from Binance Labs. In addition to completing the Incubation Program, Bracket Labs completed its pre-seed investment round from other notable crypto funds such as NGC Ventures, Cypher Capital, 0x Capital, PHD Capital, FJ Labs, SCC Investments, K300 Ventures, Scope Research, W3Coin Ventures, Titan Equity Group and Bitfund DAO.

“We are deeply impressed by their innovative approach to on-chain volatility trading. Creating volatility products that are approachable by traders of all skill levels is no small feat. The next generation of DeFi users will demand advanced products alongside a simple interface, and Bracket is the obvious choice. We are proud to partner with Bracket,” said Chris Miller, NGC Ventures.

“The market has limited tools for trading volatility on-chain. We had to get creative in order to build a new product that appealed to traders of all skill levels and stood out from the existing DEXs and perps exchanges in the market. Passage is our answer,” said Pelli Wang, Co-Founder and COO of Bracket Labs. “We were able to create a new and exciting trading platform that abstracted away all of the complexities of derivatives and options math.” 

Across crypto, blue chip assets like Bitcoin (BTC) and Ethereum (ETH) often exhibit extended periods of sideways movement punctuated by spikes in volatility. Built on Arbitrum, BracketX is the first on-chain trading product for range-bound derivatives. The Passage product uses a proprietary dynamic volatility model that automatically adjusts volatility ranges based on market conditions, giving traders a way to trade volatility without bias for price direction.

One of Passage’s standout features is its simplicity. Traders can easily set a range, take the “Stay In” or “Breakout” side of the trade, and lock in leverage of 200% over a two-day term. Passage also introduces a limit order book and vault to improve liquidity in the market.

The Bracket Labs team includes senior-level veterans of D.E Shaw, Merrill Lynch, Barclays, Bloomberg, Consensys, and DeerCreek. Bracket Labs was launched in 2023 and has established a track record of bringing accessible and efficient decentralized tools to market for users of all skill levels.

Passage launches with ETH-denominated markets and plans to incorporate liquid-staked tokens in the future. Passages will also deploy on BNB Chain in 2024 as well.

For more information about BracketX and Passage, please visit www.bracketx.fi.

About Bracket Labs

Bracket Labs’ mission is to democratize financial products and introduce on-chain innovations in volatility trading. Domiciled in Panama, the team has deep crypto and traditional finance backgrounds and senior leadership experience at D.E Shaw, Merrill Lynch, Barclays, Bloomberg, Consensys, DeerCreek, and more.Social Media Links

Website | Linktree | Twitter | Discord | Telegram

For press inquiries and further information, please contact:
Kyle Heise
PR Director
kyle@scrib3.co
925-818-2327

SMI Vantage Signs Bitcoin Mining Lease Agreement

SMI Vantage Limited (“SMI” or the “Company”), a company listed on the mainboard of the SGX, is pleased to announce the signing of a Lease Agreement (“the Agreement”) by its wholly-owned subsidiary SMI CS Pte Ltd. This is further to the previously announced Offer to Rent Agreement. The Agreement allows SMI Vantage to start Bitcoin-mining in a new location in East Malaysia in December 2023. SMI Vantage will be installing containerised mining facilities at the site and acquiring new Bitcoin-mining machines, which together will enhance the cost effectiveness of i’s BTC mining operation. 

Reference:
https://links.sgx.com/FileOpen/SMI-Media%20Release_6%20Dec%202023.ashx?App=Announcement&FileID=780086

About SMI Vantage 

SMI Vantage Limited is an investment and management company focused on capitalising on strong trends in the new economy including Food and Beverage related businesses, 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.

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/ 

BitMask Wallet 0.7.0 Soars: A Quantum Leap in Bitcoin Evolution Surges Over 760,000 Wallets in Just One Month

DIBA Global, backed by industry titans including Draper Associates, ACTAI Ventures, Waterdrip Capital, Martial Eagle Fund, Brad Mills, Rodney Yesep, and others, has sent shockwaves through the Bitcoin industry with the beta release of BitMask Wallet 0.7.0. This marks a historic moment as the user base surpasses 763,623 wallets. This milestone, achieved without any advertising, underscores the community’s trust in DIBA’s commitment to advancing Bitcoin utility.

Worthy of note is the official partnership between DIBA GLOBAL and Satoshi Lab to foster the development and advancement of Bitcoin technology and, as a result, build a better world for all.

Unveiling the Future: BitMask Wallet 0.7.0
BitMask Wallet 0.7.0 is not merely an update; it’s a quantum leap in the evolution of Bitcoin wallets. As one of the pioneers offering first-class support for RGB, the release signals DIBA’s dedication to pushing the boundaries of what’s achievable on the Bitcoin network. The beta version, accessible at beta.bitmask.app, is a glimpse into the upcoming launch of a groundbreaking marketplace for Unique Digital Assets, poised to reshape the digital economy.

BitMask Wallet 0.7.0 is a game-changing release that sets new standards for Bitcoin wallets. With BitMask Core, written in Rust, compiled to WebAssembly, and provides TypeScript bindings, it reflects DIBA’s commitment to technical excellence and delivery capabilities. Visit bitmask-core.io for more information.

Community-Powered Growth: Unleashing Potential
The success story behind BitMask Wallet’s growth is awe-inspiring. No advertising, just relentless innovation. More than 763,623 wallets have been generated by users, with over 201,221 on Bitcoin mainnet, and the remainder spread over testnet, Mutinynet signet, and regtest. Not every user has wallets on every network and many will have used multiple networks. Regtest is primarily used by developers, which suggests significant adoption of BitMask amongst the RGB developer community. The numbers speak volumes about the community’s belief in DIBA’s vision and the utility offered by BitMask Wallet.

The team expresses their sincerest gratitude to BitMask community member and researcher @DaPangDunCrypto, who generously shared news of our innovation and communicated details about RGB smart contracts on Bitcoin with the Chinese community.

Technical Marvel: Metrics and Security
The technical prowess behind these metrics is equally impressive. Utilizing Carbonado, an encoding format developed by DIBA, RGB contract data is securely kept in decentralized storage. End-to-end encryption, powered by a wallet-derived key, ensures utmost security. Data is stored on servers operated by Hut8, with plans to expand storage partnerships, reflecting DIBA’s commitment to robust decentralized infrastructure.

Revolutionary Features of BitMask Wallet 0.7.0
The 0.7.0 release introduces a host of features, including:
-Password Sync in Extension: Enhancing user experience by minimizing password prompts.
– Transfer Batching: Optimizing RGB transfers with fee adjustments for consecutive transactions. This will result in a dramatic reduction in fees for our users.
– Contract Management: Users can now hide unwanted contracts and republish existing contracts to the BitMask Asset Registry.
– User Experience Enhancements: Numerous improvements and bug fixes for a seamless experience.

Future of Bitcoin: A Bold Step Forward
BitMask Wallet 0.7.0 is not just a wallet; it’s a statement. A statement that DIBA is committed to pushing the envelope, introducing features that redefine user experience, and laying the groundwork for the future of Bitcoin. We are still very early.

Join the Revolution: #GOATs Incoming
Follow DIBA’s socials on X* (formerly Twitter) and Nostr** for an impending announcement of Gift of Attendance Tokens (GOATs). The Bitcoin world is watching, and you won’t want to miss this historic moment. Join us as we reshape the digital landscape and usher in a new era of Bitcoin innovation.

*X: @trydiba and @BitMask_App
**Nostr: npub1dlpahda2wchw96pxmszx30hwnq05kh5emg467rtvcay48dgvccwsspm3ul

For media inquiries: DIBA Communications
Anastasia Ilicheva, Anastily@diba.io, https://diba.io
https://beta.bitmask.app, http://bitmask-core.io/

BitMask Wallet 0.7.0 Soars: A Quantum Leap in Bitcoin Evolution Surges Over 760,000 Wallets in Just One Month

DIBA Global, backed by industry titans including Draper Associates, ACTAI Ventures, Waterdrip Capital, Martial Eagle Fund, Brad Mills, Rodney Yesep, and others, has sent shockwaves through the Bitcoin industry with the beta release of BitMask Wallet 0.7.0. This marks a historic moment as the user base surpasses 763,623 wallets. This milestone, achieved without any advertising, underscores the community’s trust in DIBA’s commitment to advancing Bitcoin utility.

Worthy of note is the official partnership between DIBA GLOBAL and Satoshi Lab to foster the development and advancement of Bitcoin technology and, as a result, build a better world for all.


Unveiling the Future: BitMask Wallet 0.7.0

BitMask Wallet 0.7.0 is not merely an update; it’s a quantum leap in the evolution of Bitcoin wallets. As one of the pioneers offering first-class support for RGB, the release signals DIBA’s dedication to pushing the boundaries of what’s achievable on the Bitcoin network. The beta version, accessible at beta.bitmask.app, is a glimpse into the upcoming launch of a groundbreaking marketplace for Unique Digital Assets, poised to reshape the digital economy.

BitMask Wallet 0.7.0 is a game-changing release that sets new standards for Bitcoin wallets. With BitMask Core, written in Rust, compiled to WebAssembly, and provides TypeScript bindings, it reflects DIBA’s commitment to technical excellence and delivery capabilities. Visit bitmask-core.io for more information.

Community-Powered Growth: Unleashing Potential

The success story behind BitMask Wallet’s growth is awe-inspiring. No advertising, just relentless innovation. More than 763,623 wallets have been generated by users, with over 201,221 on Bitcoin mainnet, and the remainder spread over testnet, Mutinynet signet, and regtest. Not every user has wallets on every network and many will have used multiple networks. Regtest is primarily used by developers, which suggests significant adoption of BitMask amongst the RGB developer community. The numbers speak volumes about the community’s belief in DIBA’s vision and the utility offered by BitMask Wallet.

The team expresses their sincerest gratitude to BitMask community member and researcher @DaPangDunCrypto, who generously shared news of our innovation and communicated details about RGB smart contracts on Bitcoin with the Chinese community.

Technical Marvel: Metrics and Security

The technical prowess behind these metrics is equally impressive. Utilizing Carbonado, an encoding format developed by DIBA, RGB contract data is securely kept in decentralized storage. End-to-end encryption, powered by a wallet-derived key, ensures utmost security. Data is stored on servers operated by Hut8, with plans to expand storage partnerships, reflecting DIBA’s commitment to robust decentralized infrastructure.

Revolutionary Features of BitMask Wallet 0.7.0

The 0.7.0 release introduces a host of features, including:
– Password Sync in Extension: Enhancing user experience by minimizing password prompts.
– Transfer Batching: Optimizing RGB transfers with fee adjustments for consecutive transactions. This will result in a dramatic reduction in fees for our users.
– Contract Management: Users can now hide unwanted contracts and republish existing contracts to the BitMask Asset Registry.
– User Experience Enhancements: Numerous improvements and bug fixes for a seamless experience.

Future of Bitcoin: A Bold Step Forward

BitMask Wallet 0.7.0 is not just a wallet; it’s a statement. A statement that DIBA is committed to pushing the envelope, introducing features that redefine user experience, and laying the groundwork for the future of Bitcoin. We are still very early.

Join the Revolution: #GOATs Incoming

Follow DIBA’s socials on X* (formerly Twitter) and Nostr** for an impending announcement of Gift of Attendance Tokens (GOATs). The Bitcoin world is watching, and you won’t want to miss this historic moment. Join us as we reshape the digital landscape and usher in a new era of Bitcoin innovation.

*X: @trydiba and @BitMask_App
**Nostr: npub1dlpahda2wchw96pxmszx30hwnq05kh5emg467rtvcay48dgvccwsspm3ul

For media inquiries:

DIBA Communications

Anastasia Ilicheva, Anastily@diba.io
https://diba.io
https://beta.bitmask.app,
http://bitmask-core.io/

Embracing the True Spirit of Decentralization: Shiba Classic – Your New Haven!

The idea of decentralization has taken front stage in the fast-paced world of cryptocurrencies, promising a more equitable, inclusive, and transparent financial environment. Not all projects, nevertheless, have adhered to these guidelines. Enter Shiba Classic (SHIBC), a game-changer with a team that has a track record of success taking projects from $0 to $100 million. Shiba Classic is an example of what decentralization stands for. The Shiba Classic crew is now all in and prepared to cause a stir in the DeFi community.

Unveiling Shiba Classic – A True Beacon of Hope

Shiba Classic is more than just another cryptocurrency; it’s a symbol of our unwavering commitment to the core principles of decentralization. We’ve assembled a highly successful development team, known for their astounding achievement in taking $PAW to $100 million, and they’ve chosen Shiba Classic as their new playground. With this accomplished team on board, we are ready to lead the charge for a DeFi revolution.

Fighting Deception and Championing Integrity

In recent times, the crypto space has witnessed some projects deviate from the fundamental values of decentralization, falling prey to personal gain. The Shiba Classic is here to turn the tide. We stand united against deception, committed to upholding what is right.

With Shiba Classic, you can place your trust in a project that embodies the very essence of decentralization. We encourage each and every individual to make the wise choice, aligning themselves with a genuine movement dedicated to empowering the people and safeguarding their rights.

The Power of Community and Transparency

At Shiba Classic, we firmly believe that we are at our strongest when we stand together. Our community is built upon a rock-solid foundation rooted in the heart of DeFi. We are steadfast in our commitment to transparency and fairness, ensuring that every participant has an equal opportunity to thrive.

We invite you to be a part of this thrilling journey toward the true spirit of decentralization. Together, we will bring trust and integrity back to the DeFi space.

In a cryptocurrency landscape where trust has been tested, Shiba Classic emerges as the beacon of hope, standing firmly on the principles of decentralization and the interests of the people. Unlike its predecessor, where some investors experienced financial setbacks, Shiba Classic (SHIBC) is here to protect and empower the community. With a commitment to transparency, integrity, and community-driven progress, $SHIBC shines as the new haven designed for the people, by the people, inviting all to partake in a brighter and more secure decentralized future.

Tokenomics

Shiba Classic’s tokenomics speak to our unwavering commitment to the cause. We’ve taken the step of burning LP and implementing a tax-free system, ensuring that our community members can maximize their investments.

In a world where actions speak louder than words, Shiba Classic stands poised to lead the way toward a more decentralized future for all. Choose wisely, align yourself with a project that champions the people and their empowerment.

Join Shiba Classic and become a part of the decentralized revolution!

About Shiba Classic

Shiba Classic (SHIBC) is a decentralized cryptocurrency project committed to upholding the true principles of decentralization. With a track record of successful development, we’re a beacon of hope in the world of DeFi. Our mission is to empower the community and restore trust and integrity to the DeFi space.

Website: https://classicshib.com/

Follow us on social media:
[Twitter](https://twitter.com/classicshibainu)
[Telegram](Ihttps://t.me/SHIBINUC)

Contact Details:
Zoina Shaikh
zoina@hodlpr.com

Gate Web3 Startup Announces MIGU MEELIER Airdrop

Gate Web3 Startup, the web3 project launchpad created by Gate.io, a leading cryptocurrency exchange, is thrilled to announce the launch of the MIGU MEELIER Airdrop, available now until October 11, 06:00 (UTC).



The Meelier Collection represents the inaugural NFT collection from Migu, a subsidiary of China Mobile. Through the seamless integration of blockchain technology and innovative content, we aim to completely revolutionize traditional digital entertainment, ushering in a new era of digital experiences and channels for value exchange.

China Mobile’s commitment lies in the creation of an immersive and trend-setting digital cultural ecosystem, coupled with the pioneering of innovative applications for digital assets. As the first NFT series within China Mobile’s Migu metaverse ecosystem, this collection signifies our dedication to exploring uncharted territories within the digital space and delivering unparalleled value to our users.

Participation in the MIGU MEELIER Airdrop is open to all Gate Web3 Wallet users with more than $1 worth of assets on the EVM chain in their accounts. This opportunity is a testament to Gate Web3 Startup’s commitment to democratizing access to tokens and NFTs for its users.

Gate Web3 Startup unlocks free initial and non-initial airdrops from cutting-edge Web3 projects, easily accessible through self-custody wallets in the Web3 section of Gate.io. Beyond the Startup platform, Gate Web3 offers comprehensive tools for decentralized Internet engagement, including the Gate Web3 Wallet, single/cross-chain swaps, perpetual futures, NFT marketplace, staking, DApps, and airdrop aggregators.

For more information about the MIGU MEELIER Airdrop and Gate Web3 Startup, please visit https://www.gate.io/web3/startup/902.

About Gate.io

Established in 2013, Gate.io is one of the world’s earliest cryptocurrency exchanges and a leader among compliant and secure digital asset platforms, offering diverse trading services with 100% user-verifiable Proof of Reserves. Further, the platform has consistently ranked as one of the top 10 cryptocurrency exchanges based on liquidity and trading volume on CoinGecko. Besides its primary exchange services, Gate.io has diversified its ecosystem to offer decentralized finance, research and analytics, venture capital investing, wallet services, startup incubation, and more. The platform currently serves more than 13 million active users worldwide.

Media Contact:
Elaine Wang
Global Media Manager
elainewang0910@gmail.com 

Zumo First to Launch Platform Built to Meet the Tech Requirements of the FCA’s New Financial Promotions Regime for Crypto Assets

Zumo, the UK-based digital-asset-as-a-service platform, has announced a significant industry milestone as it becomes the first digital asset platform to have integrated tech based requirements of the Financial Conduct Authority’s (FCA’s) new financial promotions regime for cryptoasset firms, set to take effect from 8 October 2023.

This early compliance underscores Zumo’s unwavering commitment to setting the highest standards in regulatory alignment and consumer protection.

“The rigorous adherence to regulatory frameworks is not just about compliance but is a testament to our commitment to be the trusted and sustainable partner for digital assets, ensuring the safety and the integrity of the digital asset industry,” said Nick Jones, CEO, Zumo.

The new regulation by the FCA mandates enhanced consumer protection measures, a development that Zumo has seamlessly integrated, ensuring consumer confidence and security amidst a volatile backdrop where major players have paused their UK operations. The FCA recently expressed concern that many of the 150 or so unregistered crypto firms with UK customers have yet to even respond to the regulator.

Zumo’s readiness serves as a timely example to other fintech and crypto firms navigating the new financial promotions landscape, and is characterised by a seamless user experience enriched with enhanced safety protocols. Zumo’s financial promotions technical flow is now also available through the company’s B2B API to support unregistered firms with remaining compliant after 8 October 2023.

“We didn’t just beat the deadline; we are striving to set the standard for others in the industry,” added Michael Johnson, Head of Compliance, Zumo. “Our early compliance demonstrates not just our technical and ethical rigour but underscores our commitment to leading the industry in transparency, innovation and consumer protection.”

“With some operators pausing their UK operations, there will be many customers holding crypto who will be unable to buy or trade from 8th October. We’re fully committed to working with our partners to provide a compliant environment in which they can continue their digital asset journey.”

For a deeper look at Zumo’s industry-leading compliance journey and enhanced consumer experience, visit: https://zumo.tech/navigating-the-uks-financial-promotions-regime-with-zumo/ 

About Zumo

Zumo believes everyone should have access to sustainable finance, and that blockchain has the power to deliver this globally. Its mission is to provide a better planet for digital assets, delivering sustainable, accessible and secure ways to unlock the benefits of web3.

As an enterprise-focused digital-asset-as-a-service platform, Zumo’s turnkey, API-based infrastructure offers a fast, flexible and compliance-sensitive route to market, empowering fintechs, banks, asset managers and brands to offer their clients the tools of the future simply, securely and sustainably while also opening up new revenue streams, attracting new customers and supporting customer retention.

A values-driven business, Zumo has underlined its commitment to a fairer society and a sustainable planet with an ambitious 2030 net zero strategy encompassing its own business; the blockchains it works with; and the wider digital asset ecosystem. Carbon-neutral since inception, the business is committed to ongoing collaboration in the decarbonisation of the digital assets industry. Zumo was an early signatory of the Crypto Climate Accord, the first digital asset business to receive UK government funding from the UK’s national innovation agency, Innovate UK, to further its applied work on the decarbonisation of digital assets, and is now a key contributor to industry guidance on the energy consumption of blockchain, working in tandem with  the World Economic Forum and the GBBC Digital Finance.

More information at: zumo.tech

For media requests/interview, please contact:
Amelie Arras
Zumo’s Marketing Director
amelie@zumo.tech
07546 105548