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The role of Blockchain in Finance and Banking

Introduction Blockchain technology has revolutionized many industries, and the world of finance and banking is no exception. Blockchain technology is a decentralized digital ledger that is used to record transactions. It is a transparent and secure way to store information, and it has the potential to transform the financial industry. In this article, we will discuss the role of blockchain in the world of finance and banking. Increased efficiency and transparency in payments One of the most significant benefits of blockchain technology is that it can increase efficiency and transparency in payments. Blockchain technology eliminates the need for intermediaries in the payment process, such as banks, payment processors, and other financial institutions. This means that payments can be made faster and at a lower cost. Blockchain technology also provides a transparent record of all transactions, which makes it easier to track payments and prevent fraud. The transparency of the blockchain ledger ensures that all parties involved in a transaction can view the details of the transaction. This helps to eliminate errors and fraud, and it increases the trust between parties. Reduced costs and fees Blockchain technology can also reduce costs and fees associated with financial transactions. By eliminating intermediaries in the payment process, blockchain technology can reduce the cost of processing payments. This can be particularly beneficial for international payments, which can be expensive and time-consuming. Blockchain technology can also reduce the cost of compliance for financial institutions. Compliance with regulations such as Anti-Money Laundering (AML) and Know Your Customer (KYC) can be costly for financial institutions. Blockchain technology can automate the compliance process, making it easier and less expensive to comply with regulations. Improved security and fraud prevention Blockchain technology provides improved security and fraud prevention in the financial industry. The decentralized nature of blockchain technology means that there is no single point of failure. This makes it more difficult for hackers to attack the system and steal sensitive information. The use of blockchain technology also ensures that transactions are irreversible. Once a transaction has been recorded on the blockchain ledger, it cannot be altered or deleted. This helps to prevent fraud and increases the trust between parties. Increased financial inclusion Blockchain technology has the potential to increase financial inclusion. Many people around the world do not have access to traditional banking services. Blockchain technology can provide an alternative way to access financial services. Blockchain technology can be used to create digital identities that can be used to access financial services. This can be particularly beneficial for people who do not have traditional forms of identification, such as a passport or driver’s license. Challenges and limitations of blockchain technology in finance and banking While blockchain technology has many benefits, there are also some challenges and limitations. One of the main challenges is scalability. Blockchain technology can be slow and expensive to scale, which can limit its use in the financial industry. Another challenge is regulatory uncertainty. Many countries have different regulations regarding blockchain technology, which can create a complex regulatory environment for financial institutions. This can make it difficult for financial institutions to adopt blockchain technology. Blockchain-based cryptocurrencies One of the most well-known use cases of blockchain technology in the financial industry is cryptocurrency. Cryptocurrencies such as Bitcoin, Ethereum, and Ripple are built on blockchain technology. They are decentralized, digital currencies that can be used to make transactions without the need for intermediaries such as banks or payment processors. The use of cryptocurrencies has the potential to disrupt the traditional banking system. Cryptocurrencies allow for faster and cheaper cross-border payments, and they provide a level of privacy that is not available with traditional banking services. However, the volatility of cryptocurrencies and their association with illicit activities has made them a controversial topic in the financial industry. Smart contracts Another use case of blockchain technology in the financial industry is smart contracts. Smart contracts are self-executing contracts that are stored on a blockchain. They are programmed to automatically execute when certain conditions are met. Smart contracts can be used in a variety of financial transactions, such as loans, insurance claims, and derivatives. They provide increased efficiency and transparency in the execution of contracts, and they can reduce the need for intermediaries such as lawyers or notaries. However, the use of smart contracts in the financial industry is still in its early stages, and there are challenges associated with their implementation. One challenge is the need for standardization of smart contract protocols to ensure compatibility across different blockchain platforms. Blockchain-based digital identity Blockchain technology can also be used to create digital identities that can be used to access financial services. Digital identities can be created by linking biometric data such as fingerprints or facial recognition to a blockchain-based identity. Blockchain-based digital identities can provide increased security and privacy compared to traditional forms of identification. They can also provide financial services to individuals who do not have access to traditional forms of identification, such as refugees or people living in rural areas. However, the implementation of blockchain-based digital identity systems faces challenges such as regulatory compliance, data privacy, and interoperability between different blockchain platforms. Final thoughts Overall, blockchain technology has the potential to transform the financial industry by providing increased efficiency, transparency, security, and financial inclusion. However, the adoption of blockchain technology in the financial industry is still in its early stages, and there are challenges associated with its implementation. Financial institutions that adopt blockchain technology early on can gain a competitive advantage and provide better services to their customers. As blockchain technology continues to evolve, it is likely that its role in the financial industry will continue to grow, and we will see more innovative use cases emerge. Conclusion In conclusion, blockchain technology has the potential to revolutionize the financial industry. It provides increased efficiency, transparency, and security in payments. Blockchain technology can also reduce costs and fees associated with financial transactions, and it has the potential to increase financial inclusion. While there are challenges and limitations associated with blockchain…

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HWT Soars to New All-Time High, offering early adopters incredible growth

Hyper Wallet Token (HWT), the native currency of the decentralized ecosystem of the H.Wallet, has reached a new all-time high trading price of 470% from its initial value. This impressive growth has been achieved despite the current bearish market, and early adopters in HWT are reaping the rewards of their early stake-holding. H.Wallet, which is a decentralized wallet that features HWT as an internal ecosystem token, aims to create a decentralized and democratic community that is accessible to all, and the platform’s focus on equity, security, and accessibility has drawn praise from industry experts. The platform’s infrastructure is completely decentralized and trustless, ensuring there is no central authority controlling the platform. A key advantage of HWT is its real-life acceptance and utility within the H.Wallet ecosystem. It functions as the native token of the H.Wallet, which means to transact within the ecosystem or access its products and services, a user needs the HWT. Furthermore, the token is backed by a public chain built by the HyperNation, which will implement all the necessary decentralized facilities, such as a DEX, Yield Aggregator, Liquidity Mining, and Cross-chain functions. These facilities will provide users with a comprehensive and seamless meta-union ecosystem, and HWT will be the main currency of this ecosystem.  Additionally, the HyperNation ecosystem is also introducing HyperNFT, a platform with limitless possibilities. HyperNFT will allow users to sign-up to be whitelisted for high-quality NFT drops, purchase mystery boxes containing incredible prizes, mint new NFTs, and more. In the future, HyperNFT will offer staking services for NFTs. By holding HyperNFT, users will be allowed to stake the NFT to earn rewards. This process does not require them to sell their NFTs, and is an excellent opportunity for users to earn lucrative passive income. The HWT offers all token hodlers a better value projection in the near future compared to meme coins, which are often solely speculative in nature. The HyperNation ecosystem also incorporates emerging technologies such as AI while creating a Eutopia-based governance model, making it an ideal choice for token hodlers who are looking to stay ahead of the curve. Currently, the token presents an exciting time for early adopters in HWT, as the project is still in its early stages and has massive potential for growth. While major cryptocurrencies such as Bitcoin, Ethereum, etc have already significant growth, HWT is poised to offer even greater rewards to those who get in early, as the project is in the infancy stage while offering better prospects for growth considering its utility and acceptance within the H.Wallet ecosystem. In conclusion, HWT is a cryptocurrency that stands apart from the rest with its practical applications and innovative ecosystem. Its impressive all-time high trading price is a testament to its potential, and its early believers who are looking for a cryptocurrency with real-life applications, solid backing, and future growth potential should take a closer look at HWT. For more information about HWT or its ecosystem, refer to their website: https://hypernation.io and https://hyperyield.io 

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Dart Africa Enables Instant, Low-Cost Transactions

Nigerians are increasingly embracing cryptocurrency as a viable investment and payment option. This trend is driven by a number of factors, including a growing awareness of the benefits of crypto, increased access to education and resources, and a favorable regulatory environment. As a result, the Nigerian crypto market is now considered to be one of the most vibrant and dynamic in the world, with a wide variety of coins and tokens available for trading, and a growing number of individuals and businesses using crypto for a variety of purposes, such as online shopping, remittances, and as a hedge against inflation. The growing adoption of crypto in Nigeria is also reflected in the increasing number of crypto exchanges and platforms catering to the needs of local users. Dart Africa, one of Nigeria’s leading cryptocurrency exchanges, is excited to announce its commitment to the growth and development of the crypto market in Africa. The company believes that crypto has the power to transform the financial landscape in Africa and is committed to being at the forefront of this movement. Dart Africa has seen a significant increase in usage among African users, particularly in Nigeria and Ghana, as more and more individuals and businesses discover the benefits of buying, selling, and holding cryptocurrency. The platform’s ease of useand zero fees have made it a popular choice for people looking to access the world of crypto. “We believe that crypto has the potential to revolutionize the financial system in Africa, providing individuals and businesses with greater access to financial services, and helping to promote economic growth and development,” said CEO of Dart Africa. “We are committed to providing our users with the best possible experience and we will continue to improve and evolve our platform to meet the needs of our users.” To support this goal, Dart Africa plans to expand its presence in Nigeria and Ghana, with a focus on educating and empowering users to take control of their financial future through crypto. The exchange also plans to launch new products and services that will make it even easier for users in Africa to sell crypto. Dart Africa is proud to announce that it continues to be the preferred choice for users looking to sell their crypto. Despite the wide range of options available, more and more users are choosing Dart Africa for its user-friendly interface, and low-cost transactions. The Nigerian government has taken steps to regulate the cryptocurrency industry and has warned citizens of the potential risks associated with digital assets, but it has also acknowledged the potential for blockchain technology to drive innovation and economic growth. Despite the regulatory challenges, the Nigerian crypto community continues to thrive, with a growing number of exchanges, startups, and meetups. The increasing adoption of cryptocurrency in Nigeria is indicative of a global trend and it is likely that we will continue to see more and more people in Nigeria, and other countries around the world, embracing digital currencies as a viable alternative to traditional financial systems.

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Heartrate Strategic Partnership: Gearing Towards a Better Future

Heartrate has formed a strategic alliance with Exercise is Medicine, Wellshare International, and Bridge of Life after a successful first year of operation. The goal of these collaborations is to expand our pool of knowledge, expertise, and resources so that we can create better products and reach a wider audience. All of this, combined with 360-degree feedback, has the potential to propel our project to new heights while also enhancing its ethos. What Benefits will Heartrate Derive from Each of these Partnerships ? Exercise is Medicine Exercise is Medicine (EIM), a global health project run by the American College of Sports Medicine (ACSM), seeks to standardize physical activity evaluation and promotion in clinical treatment by tying health care to resources for people of all ages and abilities. Physicians and other healthcare professionals are urged by EIM to incorporate physical activity into care plans and to direct patients to programs that are supported by the latest research and are run by certified exercise practitioners. EIM is devoted to the idea that physical activity encourages optimal health and is essential to the prevention and management of various diseases. It’s simple to overlook an essential aspect of immune system health while we deal with the effects of the coronavirus (COVID-19) pandemic: exercise! With this initiative, Heartrate as a platform makes sure that you get paid for engaging in physical activity in addition to enjoying it and staying fit. Since the introduction of Web3 has brought about a new paradigm for earning money, the Move-to-Earn (M2E) idea that Heartrate is based on is rather straightforward. With the aid of NFTs, native tokens, a blockchain environment, and a device that can measure movement, M2E projects tokenize physical activity or exercise (e.g., a smartphone or a wearable like a smartwatch or fitness tracker). Through this partnership, Heartrate will be able to access and use extended scale benefits that can aid with process streamlining, cost reduction, innovation, and generating value for its token, resulting in a wave of awareness and bringing home a win-win for both projects. WellShare International WellShare International collaborates with communities and healthcare providers to develop, carry out, and assess health programs that cater to the needs of each population we serve. Driven by a dedication to sustainability, a desire to empower through education, and a focus on accountability. Wellshare International positions itself with a possibility to minimize health inequities and provide community members the knowledge and support they need to take control of their own health through this life-changing effort. This enviable partnership is timely and important since Heartrate places a high priority on health promotion and helps communities, organizations, and people deal with and address health concerns. To achieve this, incentives for physical activity are created, and community action and individual abilities are strengthened. Bridge of Life (BOL) Bridge of Life (BOL), an independent public charity established by DaVita Inc., is a global nonprofit organization aiming to improve healthcare globally via enduring initiatives that combat and prevent chronic illness. Bridge of Life aspires to a world in which every person has access to high-quality healthcare. Through training and education, we try to empower local staff, community health workers, and patients to alter healthcare in a lasting way. Training is essential in health and social care to ensure the safety of those receiving and providing care, as well as to maintain high standards of care quality. Training would help to instill the necessary behaviors, attitudes, skills, and knowledge to provide high-quality, safe, person-centered care. It is clear what this collaboration will do for both projects through Heartrate Healthverse, which includes Outdoor mode, In-Home Mode, and Ladder Tournament. Heartrate pioneered the concept and model of H2E (Health to Earn), connecting virtual and reality, on-chain and off-chain, via smart sport band NFT assets, therefore making earning while exercising a reality. Move to Earn games reward users for engaging in real-world activities such as walking, jogging, or participating in sports. In app ecosystems or NFT games, these physical efforts and performances are rewarded with tokens or cryptocurrencies. That is essentially what Heartrate will provide to each user. Conclusion These strategic alliances will benefit both parties and may result in long-term profits. This will enable all parties to join forces to broaden their brand’s reach and add value in order to raise brand awareness and build brand trust. This will ensure our long-term stability and increase its relevance for a long time, allowing us to meet our objectives. These collaborations will help to grow our community by bringing in new members, increasing the value of our $HTR token. All of this will result in greater access to knowledge, innovation, expertise, and community building. Many people looking into move-to-earn games are, understandably, looking for one thing   to turn a profit from their physical activity. This helps to maintain the market value and ensure the move-to-earn rewards.  For more information, you can follow us on the following platforms; Twitter|| Telegram || Discord || Website || YouTube || Medium ||

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Pando Finance Limited–Hope to provide more different high growth products for Hong Kong investors in the future

Pando Finance Limited, a leading asset management company in Hong Kong, will list two HK SFC-authorized actively managed thematic Exchange Traded Funds “Pando Blockchain ETF (3112 HK)” and “Pando Innovation ETF (3056 HK)” on the Hong Kong Stock Exchange (HKEX) on 8 December 2022 Thursday. Pando Finance believes blockchain and innovation are the key for long-term growth in portfolio. Pando Finance employs an actively managed investment strategy as Pando Finance believes the market is often inefficient at pricing companies, and the world around us is always surfacing new opportunities. By focusing on understanding new changes in innovations and blockchain technology, it provides us opportunity to exploit this inefficiency to find underappreciated equity of companies. Pando Blockchain ETF (3112 HK)’s investment objective is to achieve long term capital growth by primarily investing in global equity securities of companies which are involved in blockchain business such as Blockchain technology, Digital asset miners, Blockchain investors, Blockchain service providers and Companies which benefit from the development of blockchain technology. Pando Innovation ETF (3056 HK) is aim to achieve long term capital growth by primarily investing in global equity securities of companies which are directly or indirectly involved in Innovative Business. Pando Blockchain ETF (3112 HK) and Pando Innovation ETF (3056 HK) are the first two ETFs managed by Pando Finance. Pando Finance hope to offer more different high-growth potential thematic other new ETF products to Hong Kong investors in the very near future. Country: Hong Kong Contact Person: Jen Telephone: 3891 3288 Email: junfei@pandofinance.com.hk Website: www.Pandofinance.com.hk

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It is reported that YFII will be launched on Robinhood

YFII’s price has risen by 300% in the last two months. It is reported that YFII will be launched on Robinhood and the news will be announced on November 26, next Saturday. What is YFII currency? It is reported that YFII coin is a token, and the mining income will be automatically converted into YFII tokens and distributed to users, and the value of the tokens will be increased through distribution and destruction. YFII token also serve as a tool for community governance voting. YFIl Finance is the realization of IP-8 add-issuance proposal that Yearn Finance put forward in the process of community governance. The proposal, which once gained more than 80 per cent support, has led some members of the predominantly Chinese community to fork off the Yearn Finance project and operate it independently, in order to avoid the community being dominated by the whale account. YFII will work to protect liquidity funds from large-scale withdrawal from the agreement and attract more liquidity providers to participate in mining and governance after YFI token mining ends. YFI has stopped mining on July 26, 2020. In order to ensure that liquidity does not withdraw from mining on a large scale, Community governance YIP-8 has put forward a proposal to halve the weekly amount of additional issuance for each mine pool. The proposal was approved by more than 80 percent of the vote, but the proposal was finally ineffective because it failed to meet the minimum requirement of 33 percent of the vote (8.8 percent turnout). In order to ensure that genius Andre’s conception and system were not controlled by the early Whale account, a group of community members forked the YFI project, code-named YFII. YFII adopts the same mechanism as Bitcoin to ensure that tokens are distributed to community members more fairly. Analysis of YFII’s future prospects and investment value. YFI is a very meaningful experiment in DeFi innovation. Through Yearn Finance, we see decentralized governance token distribution, which fully stimulates the passion of mining and governance in the DeFi community. On the basis of YFI, YFII realized the YIP-8 proposal and explored a possibly fairer governance proxy distribution scheme, which had a great influence in the community in a short time with an amazing development momentum. After YFII forks from YFI tokens, its uniqueness lies in three aspects : In the mining stage, the measure of weekly halving is adopted, so that 40,000 YFI are distributed for 10 weeks of mining, and the token concentration is lower than that of YFI. The machine gun pool is introduced after mining, and the iToken system is established for the YFII machine gun pool. This system can convert the tokens in the machine gun pool into Interest-earning Token, increase the interest on the automatic optimization of the machine gun pool, and support the Lego combination of iToken and other DeFi products to greatly expand the derivative space. The YFII community has been fully operated in the form of DAO. The community is divided into three sections: development, audit and operation, and the operation is relatively mature. The YFII community is mainly governed by Chinese members. After 10 weeks of mining, the community pushed the project to develop its own unique product mechanism, which is now working well. YFII token acts as the governance token of the platform, and at the same time, the transaction fee of the machine gun pool is given as the value support. The project is running well at present, and there are no major loopholes in the contract. The project products are still exploring the combination with other DeFi products, which can be followed in the long term. At present, YFII coin project risks also include smart contract vulnerability risk and DeFi combination risk, etc. The above content illustrate what YFII is. The article also analyzes the prospect and investment value of YFI in detail. Although the overall development of YFII coin is relatively fast, the risk contained in the project cannot be ignored. C18 Express suggests that investing in YFII coin appropriately, and it is best to observe for a period of time before investing, so that you can know more about YFII coin items. It can also prepare for investors to avoid losses in the later stage. If there are investors who want to buy YFII coins but do not know the tutorial, it is recommended that you check the YFII coin buying and trading tutorial in the C18 Express website, which is detailed and safe. Media Contact Company Name: C18 News Contact Person: Tradersam Email: tradersam@c18news.com Country:USAWebsite:https://www.c18news.com

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zkSync Is About to Launch Its Mainnet 2.0. Here’s What to Expect

zkSync Is About to Launch Its Mainnet 2.0. Here’s What to Expect

Key Takeaways zkSync 2.0 is set to launch this Friday. The upgrade will bring added smart contract functionality, allowing developers to deploy their own DeFi apps, NFTs, and games on the Layer 2 network. zkSync also has plans to launch a token, with some speculating that it will follow Optimism’s lead in rewarding early users. Share this article The zkSync 2.0 launch is set to go live Friday. zkSync Readies Mainnet 2.0 The newest version of zkSync is almost here. The Ethereum Layer 2 project is about to undergo its most significant upgrade to date. With the launch of zkSync 2.0, the network will gain the capacity for smart contracts, letting developers create and deploy their own DeFi protocols, NFTs, and blockchain games. Currently, zkSync 1.0 only lets users transfer tokens between wallets. However, this hasn’t stopped it from finding use within certain niches. For example, Gitcoin Grants, a program that helps developer teams raise funding for public goods projects, lets users donate through zkSync, offering projects and contributors huge savings in gas fees compared to what they would have to spend on Ethereum mainnet.  zkSync is one of several Layer 2 solutions working to scale Ethereum. It uses Zero-Knowledge proofs to bundle transactions together on a separate network and send them back to Ethereum mainnet for validation. Through this approach, “ZK-Rollups” like zkSync can reduce transaction gas fees by an order of magnitude while inheriting Ethereum’s security and decentralization. Matter Labs, the company behind zkSync, has been working on its 2.0 version since 2020. The goal has been to fuse ZK-Rollup scaling technology with the Ethereum Virtual Machine, allowing code written in Ethereum’s Solidity language to be deployed on a ZK-Rollup-based Layer 2 network. Although this was initially expected to take years to achieve, several breakthroughs have sped up development. After a series of testnets earlier in the year, Matter Labs is now preparing for the full release of its so-called “zkEVM” 2.0 network. Matter Labs Hints at Token AnnouncementIt’s not just the zkSync 2.0 launch that has crypto enthusiasts excited. Last week, Matter Labs Chief Procurement Officer Steven Newcomb revealed in a Twitter Spaces call that details surrounding a zkSync token would be announced in early November. According to Matter Labs’ developer documentation, the company has always intended to release a token for its zkSync network, but details on when it would happen have not been released. Many have suggested that a zkSync token could be used as an incentive for decentralized transaction sequencing, similar to how the Ethereum network pays out staking rewards to its validators. Others have also speculated that early users of zkSync 1.0 and the 2.0 testnets could receive an airdrop of zkSync tokens as a reward for their participation. Other Ethereum Layer 2s have airdropped tokens to early users in the past. In May, Optimism celebrated the launch of its OP governance token by distributing 5% of its token supply to early users and those who met various eligibility requirements, and it said at the time it would have further airdrops amounting to 14% of the total supply. Whether Matter Labs will follow Optimism’s example in airdropping tokens to its community remains to be seen. However, after several high-profile airdrops made the headlines this year, most recently with the newly-launched Layer 1 network Aptos, expectations for another are high. Disclosure: At the time of writing this piece, the author owned ETH, BTC, and several other crypto assets. Share this article The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information. You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities. See full terms and conditions.

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After The Ether Merger, a16z’s Decisive Strike Raises Industry Concerns

a16z, known as the “Rolls Royce” of the venture capital industry, has launched a pledge mining pool of Ethereum for crypto investors after the official merger (The Merge), offering millions of dollars in rewards to ensure higher returns than the hash rate. This node invitation for high returns in the market undoubtedly reveals that a16z has a favorable attitude towards the merged Ethereum. Welcome to contact a16z official customer service: Whatsapp: +852 69975935; Telegram: @a16z6;  Line: a16z-2 The wheel of history never stops, and an event that will set the future landscape of the block chain field is staged on September 15, 2022. On this day, the 8-year-old Ethereum will complete its merger (The Merge). 420,000 people will participate in the verification, more than 7,000 active nodes around the world will collaborate together, and tens of thousands of block chain teams will make their choices. This system upgrade has shaken the attention of all crypto practitioners, and major mainstream financial regulators, semiconductor magnates, and domestic and foreign Internet magnates are all focusing on this event. The uproar is inevitable, because as the world’s largest decentralized Internet platform and the most innovative block chain and Web3 ecosystem, the Ethereum merger is arguably the most complex system upgrade since its inception and is of great significance. Of course, this upgrade is not a spur of the moment, as Vitalik Buterin, the founder of Ethereum, has publicly stated: he has been preparing for this merger for six years. The merger of Ethereum means a complete upgrade of this giant decentralized system with a market value of $200 billion, which now has more than 3,000 developers and millions of users, and whose ecology runs more than 400 DeFi (decentralized finance) projects, 130,000 NFT contracts and more than 7,500 active nodes, which will witness and participate in this upgrade together. In the past two years, ethereum has been running two parallel networks underneath, one is the PoW (proof of work) block chain, which was initially available, and the other is the PoS (proof of stake) block chain which has been running only in the past two years, both of which have corresponding interest groups standing behind them respectively. And the purpose of the Ethereum merger is that it will officially run PoS fully and replace PoW completely without any downtime. This upgrade is a true demonstration of determination to realize the vision of Ethereum, that is, higher scalability, security and sustainability, and the investors around the world will also witness a $100 billion capital reshuffle and redistribution of interests. The capital magnates in the field have come out, among which the most decisive execution is undoubtedly a16z, full name Andreessen Horowitz, since the last name of the two founders, founded by Marc Andreessen and Ben Horowitz in 2009, managing a total of $19.2 billion in funds, with a keen sense of smell and decisive execution style, the company is rapidly expanding its investment landscape. As an old capital magnate in the crypto field, a16z has invested in many famous internet companies including Skype, Facebook, Twitter, Instagram, Groupon, Zynga, Foursquare, etc. during the Web2 period. In recent years, a16z has become the “top star in the crypto field.” In 2013, a16z led a $25 million Series B round in cryptocurrency exchange Coinbase and has since invested in Coinbase seven times. a16z became the biggest external winner when Coinbase’s market cap topped $100 billion when it went public in 2021. It can be said that a16z investment strategy is both early and growth stage projects, the company was able to invest in Instagram in the seed round, grab Github in the Series A competition, and lead a $150 million investment in Roblox in the Series G round. This time, a16z launched a pledged mining pool of Ethereum for investors in the crypto field and offered millions of dollars in rewards to ensure higher revenue than the hash rate and add additional subsidies (subsidized revenue can reach more than 20%). This is a display of a16z’s favorable attitude towards the Ethereum merger, and a great opportunity for crypto investors to jointly become PoS nodes after the Ethereum merger. Ethereum’s determination to break all doubts from the outside world and decisively execute the merger is invaluable, as Andreessen, one of the founders of a16z said: “A distinguished career is always different.” Media contact Contact:Jessica Company Name:A16z Address: United States  Website: https://www.eth20.cc Email:a16z.service@gmail.com

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Delysium Raised $10 Million in a Strategic Round

Delysium, an AI-powered AAA web3 game, announced its $10 million strategic funding round led by LA-based VC Anthos Capital with participation from Immutable, GSR, Blockchain Coinvestors, Leonis Capital, Antalpha Ventures (Bitmain’s venture arm), Perion and Formless Capital. The funding will be used mainly to develop the content, enable unique AI-powered experiences, and build Delysium Multiverse, an open-source operating and publishing network on the blockchain. Half a year ago, Delysium announced a seed funding round led by FTX Ventures, Galaxy Interactive, Republic Crypto, and others. Meanwhile, with the support of its mothership rct AI (a gaming AI company backed by Y Combinator, Makers Fund, Galaxy Interactive, etc.),  more than 5,000 gamers have participated in the Pre-Alpha test since May 2022 and will soon start the first official season. This September, Delysium also released the world’s first interactive whitepaper game, which creatively presents the core content of the white paper in a more visual, fun, and gamified interactive form. This web-based whitepaper game has achieved more than 450,000 views within three weeks since its launch. After nearly two years of development, the team has delivered a Battle Royale game of superb quality with the help of its strong and active community. In the future, Delysium will be further expanded into an ever-evolving open-world experience. Powered by Deterrence, the world’s first AI Layer for powering intelligent NFTs created by rct AI, Delysium has also integrated cutting-edge AI technologies such as AI-to-earn (AI yield farming), conversational AI, battle AI, and AI motion generation to create cognitively aware virtual beings that are massively distributed to every corner of Delysium. Players can enjoy a more dynamic and personalized gaming experience by interacting with AI MetaBeings. Born in the virtual world, these AI MetaBeings are native digital species who are capable of earning and holding their private assets by joining game modes with players, creating dynamically generated narratives for players, and learning and iterating from continuous interactions with players. Moreover, Delysium also proposed an open-source decentralized operating and publishing network, “Delysium Multiverse”. In Delysium’s multiverse, each universe is operated by a separate DMO (Delysium Multiverse Operator). Not only can DMOs issue their own NFTs based on Delysium’s IP completely free of charge, but they can also create their own customized tokenomics or incentive system with their own tokens embedded into the game. Based on this innovative model, players can enjoy more diverse and rich content through community-based DMOs’ creation and operations. Unix Gaming, one of the world’s largest gaming guilds with more than 200,000 players, has become the first DMO officially announced, and dozens of top gaming guilds, DAOs, and traditional game publishers are joining one after another. Xiankun Wu (Twitter: @xiankunwu), co-founder of Delysium, said, “It’s an honor to work with the world’s most ambitious investors and partners. We will focus on making three things happen to build a strong community: a great game, a unique AI-powered experience, and an unprecedented, innovative business model based on the blockchain.” ABOUT DELYSIUM The World’s First Playable AAA web3 Game. Delysium is an AI-powered open world with diverse Free-to-Own universes. All Delysium Universes gather together to become Delysium Multiverse, and each universe is run by a different Delysium Multiverse Operator (DMO), creating highly diverse game experience and unique On-chain Incentive Layer (OIL) for players. For complete investor information, please check out the Delysium Official Website or Delysium Whitepaper Game. Delysium Official Website: www.delysium.com Delysium Whitepaper Game: www.delysium.com/whitepaper JOIN COMMUNITY Discord | Twitter | Telegram | Medium | Youtube | Facebook

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AGI AI Pte Ltd Launches AI+Financial Concept Services

In 2022, AGI AI Private Limited (AGI AI) built AI quantitative trading, wholly owned by AGI AI to provide the core technology and principles of underlying logic. We develop strategic plan as well as goals for long-term AI+ finance. AGI AI has structured its strategic development plan into five steps. Step 1. Creating The Perfect Combination of AI + Finance: Automated factor discovery, knowledge graph, graph computing, and enhanced analytics based on privacy protection will deliver greater value. AGI AI has estimated that AI technologies could create up to $1 trillion in incremental value for the global banking industry each year; Andreas Kaplan and Michael Haenlein define AI as “a system’s ability to correctly interpret external data, to learn from such data and to use those learnings to achieve specific goals and tasks through flexible adaptation”. Today, AI technology has made even greater strides by making it possible to achieve specific goals and tasks through flexible adaptation for the future, AI technology has come a long way, bringing more far-reaching changes to many industries, including finance. Step 2. Blockchain: Intelligent futures, Zero Knowledge Proof (ZKP) and Cross-chain Technology brings new opportunities. The Distributed Ledger Technologies (DLT) is another important technology for building the financial ecosystem, where key technologies such as Smart Contract, Zero Knowledge Proof, distributed data storage and exchange enables applications such as Digital wallets, digital assets, Decentralized Finance (DeFi), Non-Fungible Token (NFT) and other applications. Cross-chain technologies are dedicated to solving the issues of chain-based interactions between enterprises that are deployed on different blockchains. Step 3. Cloud Computing: Agility, high flexibility, microservices cloud-native advantages are given more priority. AGI AI research indicates that the cloud will be worth more than $1 trillion in EBITDA (earnings before taxes, interest, depreciation and amortization) for Global Top 500 companies by 2030. Effective cloud technology utilization can increase development and maintenance efficiency of migrated applications by 38%, enhance infrastructure cost efficiency by 29% and reduces downtime of migration applications by approximately 57%. This leads to a 26% reduction in breach costs. Simultaneously, the cloud technology can improve the integrity of platforms through automated embedded security processes and controls such as DevSecOps, and these capabilities reduce technical risk through a consistent technology stack across multiple platforms. Step 4. Internet of Things: Everything is connected to build a new integrity system and unlimited potential for integration with financial services. AGI AI believes that the Internet of Things will bring revolutionary changes to the world in the coming years, in which connected devices will play an important role. In terms of technical architecture, the AGI system consists of intelligent sensing and sensing systems. Technically, it consist of three levels: wireless communication network, application and operation support. First, the continuous development of sensing technology, such as RFID tag technology is a comprehensive technology that integrates wireless radio frequency technology and embedded technology. RFID has a broad application prospect in automatic identification and item logistics management. Second, the growing diversity of the Internet of Things (IoT) communication solutions, wired and wireless networks, Near-field Communication Solutions (NFC), Low Power Wide Area Network (LPWN), Narrowband Internet of Things (NBI), interconnection of end devices and centralized control management provide communication network security. Third is the development of embedded system technology and intelligent technology. Through the embedding of intelligent system in the devices enables the devices to have certain intelligence to achieve active or passive communication. Step 5. Hyper Automation: Robotic Process Automation (RPA) technologies and other automated technologies as a substitute for manual labor. Hyper-automation is the introduction of artificial intelligence, deep learning, event-driven programming software and robotics for business processes. These technologies or digital solutions can help improve the efficiency of decision-making and work automation. AGI AI believes that these key technologies do not exist in isolation. These technologies are intertwined, embedded and integrated, thus creating tremendous energy and triggering changes in the industry. These core technology combinations are now being applied in financial segments, and will have greater value in the future and influence the competitive market structure of FinTech and the financial industry. Both traditional financial institutions and innovative fintech companies will need to focus on value areas, develop new technologies and reserve capabilities to build core competencies in the technology aspect. AGI AI brings the combination of three technological developments – robotics, artificial intelligence and new financial technologies – that will revolutionize the world. Dr. Peter Frankopan, a historian and veteran researcher at Worcester College, Oxford, notes that the shift is not as frightening as a flood. He said: “Transformation is absolutely normal and irresistible”. In this new era of technological innovation, investors facing the shift may be unable to do anything about it, but they can move with the trend and benefit from it. AGI AI’s mission and vision is to maintain the originality and allow AI to lead human advancement. AGI AI is dedicated to have AI contribute to the development of economy, society and human beings to build a better future together. In 2018, AGI AI established the AGI AI Research Center, aiming to deepen the integration of AI with traditional finance and launch the AGI AI Intelligent Trading Bot and Intelligent Financial Expert Service Program in 2022. AGI AI is recruiting a team of dedicated employees and communities with strong consensus and a passionate workforce. Join us to form a global AGI AI digital finance eco-community. Together we shall witness the development and rise of AGI AI and share the success of AI quantitative trading investments!

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Beosin, SUSS NiFT, NUS AIDF and Other Partners Launched the “Blockchain Security Alliance” in Singapore

On September 24, Beosin, a leading global Web3.0 blockchain security company, launched the “Blockchain Security Alliance” in partnership with the Singapore University of Social Sciences (SUSS) Node for Inclusive FinTech (NiFT), the National University of Singapore (NUS) Asian Institute of Digital Finance (AIDF), Singapore Blockchain Association, FOMO Pay, Coinhako, Onchain Custodian, Paritybit, and Semisand. The Alliance members will cooperate closely in blockchain ecology, integrating technological innovation in the field of blockchain security, exploring and establishing a sound blockchain security ecosystem. The Alliance aims to foster collaborations between the industry, academia, and researchers in blockchain security, apply scientific and technological innovations, and create a sustainable environment for Web3 blockchain ecosystem development. With the interests of Singapore at its core, the Alliance wish to raise cybersecurity awareness among Singapore blockchain startups and enterprises and to help integrate the Chinese Web3 community into the local business culture. With the rapid development of the Web3 ecosystem, cybersecurity issues should not be overlooked, which is also the core reason for establishing the Blockchain Security Alliance. Last Saturday, Professor Monica Yang, the founder of Beosin, Global FinTech Institute (GFI) Chairman & SUSS Professor David Lee Kuo Chuen, Da Hong Fei, the founder of Neo, Yang Zhan, the co-founder of FOMO Pay, and Patrick Dai, the founder of Qtum, had a panel discussion on the topic “How to build a secure Web3 ecosystem in Singapore”. It was an informative and insightful exchange with more than one hundred on-site audiences. According to Professor Monica Yang, “The Web3 atmosphere in Singapore is very vibrant with a handful of top blockchain companies setting up their offices here in Singapore. Beosin has also formed a local elite team to serve Beosin overseas customers from Singapore. Undeniably, there is a lack of tech talent in Singapore and this prompted us to work closely with universities in Singapore and China. Together with the industry experts, the team will provide training and overcome the manpower crunch. This is also one of the main reasons why Professor David Lee and I, along with the rest of the Alliance members, are so determined to launch the Blockchain Security Alliance. David Lee Kuo Chuen, Professor at the Singapore University of Social Sciences (SUSS), commented on the current state of Web3 security industry and the vital role that security companies play in developing the blockchain ecosystem. He further highlighted the inclusiveness of Singapore’s policy and how it has continued to attract global talents. At every stage of development, Singapore embraced and adopted each industry’s most advanced technology. Therefore, the establishment of security companies will have a significant impact on the blockchain ecosystem. Web3 has no boundaries, and together with partners like Beosin, we wish to strengthen the Web3 security ecosystem. Meanwhile, Mr. Da Hongfei has shared his insights on the industry’s development over the last two years. On hacking and its impact on the blockchain ecosystem, Mr Yang Zhan brought up security-related issues in digital payment. At the same time, Mr Patrick Dai shared his view on the development and innovation of blockchain technology and how important it is for cybersecurity to be in place. During the panel discussion, the panellists shared their vision for Web3 and how they can contribute to the development of the Web3 ecosystem. Establishing the Blockchain Security Alliance will lead to a community committed to defending the blockchain ecosystem’s security. The community will consist of tertiary education institutions, researchers and security industry experts. The Alliance members will work on guidelines and codes of conduct for the blockchain security industry, conduct research and development, roll out blockchain ecosystem security alerts, generate monthly and annual security reports, and ensure the development of a healthy blockchain ecosystem. The Alliance will also conduct information security information-sharing sessions and public welfare training, train talents in blockchain security, and organise annual global blockchain conferences to discuss and disseminate blockchain technology’s latest trends and challenges. Towards the end, Professor Monica Yang underpinned the vision the Blockchain Security Alliance. She said, “With the establishment of the Alliance, we are not only looking at making tangible contributions to the blockchain security ecosystem for the development of the industry. The establishment of the Alliance also reminds us to remember our mission – to focus on the research and development of blockchain security and provide a one-stop solution for blockchain enterprises and regulators. The services include auditing code security, system security monitoring and alerts, compliance security audit and anti-money laundering. At the same time, we will work with the universities and the Alliance members to promote fundamental blockchain security knowledge, cultivate blockchain security talents and defend the development of the blockchain security ecosystem.” If you would like to join the “Blockchain Security Alliance”, please feel free to contact us. Official Twitter: @Beosin_com Alert Twitter: @BeosinAlert Telegram: https://t.me/beosin

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OKX Lite is here to make trading and earning on crypto easier than ever before

VICTORIA, Seychelles, Sept. 23, 2022 (GLOBE NEWSWIRE) — OKX, the world’s second largest cryptocurrency exchange, today announced the launch of OKX Lite, a simplified version of its trading app that makes it easy for users to buy, sell, swap and put their crypto to work. With a more streamlined look and feel than the version aimed at experienced traders, OKX Lite aims to meet the expectations of HODLers and those new to trading by offering streamlined access to the features that matter most. These include: Buying, selling and swapping with just a few taps Making on and off-chain transfers (sending and receiving) Staking crypto to earn on assets The ability to monitor market movements while on the go Access to the $10,000 Mystery Box referral program The launch of OKX Lite comes in the immediate wake of the company launching its first global brand campaign, entitled “What is OKX?”. The launch of the campaign signaled the exchange announcing itself to the world, while OKX’s partnerships with prominent sports and entertainment institutions like Manchester City FC, McLaren Formula 1 and the Tribeca Festival have introduced both OKX and the world of crypto trading to a whole new audience. OKX Lite affords these users a safer and simpler entry into the world of crypto trading, helping them avoid getting out of their depth as they enter the space. With its launch of OKX Lite, OKX is also furthering its commitment to promoting responsible trading, broadening access to crypto and removing barriers to financial freedom. As users of OKX Lite gradually develop their crypto trading expertise, the OKX app will allow them to grow in the way they interact with it, eventually allowing them to utilize it like an experienced crypto trader. Haider Rafique, Global Chief Marketing Officer, OKX, said: “OKX Lite is our way to give traders and investors the easiest and most enjoyable way to plan, build and manage a crypto portfolio. When you look at our new UI, it may remind you of your traditional brokerage app, with upgrades that really enhance the day-to-day crypto experience. The ability to transition smoothly between Lite, Pro, and Wallet mode is designed very intentionally. We hope our customers not only enjoy the sleek new UI, but that this upgrade helps them smoothly transition between these three modes, which have been introduced very deliberately.” Those who join OKX now can also invite their friends to win Mystery Boxes worth up to $10,000. Find out more about OKX Lite here. Ready to go Lite? Get started here. For further information, please contact:Media@okx.com About OKXOKX is the second biggest global crypto exchange by trading volume and a leading web3 ecosystem. Trusted by more than 20 million global customers, OKX is known for being the fastest and most reliable crypto trading app for investors and professional traders everywhere. As a top partner of English Premier League champions Manchester City F.C., McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new financial and engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3. Beyond OKX’s exchange, the OKX Wallet is the platform’s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens. To learn more about OKX, download our app or visit: okx.com

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