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Cubera announces launch of progressive defi staking platform

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The Cubera defi staking platform is in its early access phase and will soon offer users a streamlined environment to stake their assets across multiple chains.  Cryptocurrency users can now explore the innovative defi landscape and earn rewards on the Cubera multi-chain staking platform. Cubera has unveiled a platform that synergizes staking, yield optimization, and auto-compounding in a unified, transparent environment.  Cubera defi reward staking  The Cubera platform has been developed to offer a transparent, streamlined experience for users to manage their portfolios whilst still being able to utilize their assets across multiple defi platform s. The company focuses on transparency and building trust amongst its growing community.  Cubera is committed to harnessing the power of defi and DAOs to bring users an open-source pl...

NFT platform will launch for Chinese government-owned newspaper

China Daily, affiliated with the Publicity Department of the Chinese Communist Party, has announced plans to develop its own metaverse and NFT platform . China Daily, a prominent English-language newspaper under the ownership of the Publicity Department of the Chinese Communist Party, has expressed its intention to venture into the world of non-fungible tokens (NFTs) and metaverse. Revealed in a recent disclosure, the publication is earmarking 2.813 million Yuan (equivalent to $390,000) for a competent third-party contractor that can bring its envisioned NFT platform to life, keeping in tune with their budgetary constraints. While many might assume a preference for domestic expertise, China Daily welcomes both domestic and international blockchain specialists. The stipulation for the chosen blockchain firm’s mainnet is that it must possess the prowess to manage 10,000 transactions each second. Prospective contractors will race against time, with an October 17 deadline to submit t...

Elon Musk’s X platform faces backlash over XRP account suspension

Crypto Eri, a prominent figure in the cryptocurrency community, contacted Elon Musk on X, seeking clarification about the account suspension. X (formerly Twitter) executive chair and chief technical officer Elon Musk has faced criticism for the suspension of an XRP-related account. Crypto Eri, a well-known figure in the cryptocurrency community, directly reached out to Elon Musk on X, seeking clarification on whether the account suspension was an error. The account in question, Digital Asset Investor.XRP, was recognized for its outspoken advocacy of XRP (XRP), the asset of the XRP Ledger blockchain. Various controversies and legal disputes have long surrounded XRP, notably a lawsuit by the United States Securities and Exchange Commission (SEC) claiming that XRP is an unregistered security. Not cool. @elonmusk, I hope this was a mistake. pic.twitter.com/lcjpN5tZcE — Crypto Eri Carpe Diem (@sentosumosaba) October 6, 2023 Notwithstanding these obstacles, XRP has sustained a commi...

Moxy launches token sale, ‘Battle of the Influencers,’ and esports platform

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Moxy.io, an esports platform, held a triple launch for its Moxy platform, MOXY–its native token, and a battle among top internet influencers on July 15. Moxy.io’s triple launch The launch marked the introduction of Moxy’s platform, a blockchain-powered platform that allows interested participants of the GameFi space, not just esports professionals, to play their favorite games competitively and earn rewards. The event also featured the public sale of the native token, MOXY, allowing gamer enthusiasts and potential investors to join the Moxy ecosystem. Moreover, those participating in esport competitions for tangible rewards must hold MOXY. You might also like: Moxy partners with Stainless Games to release Shock Rods A highlight of the triple launch was the highly anticipated “Battle of the Influencers” event. The esport tournament pitted top internet influencers for a share of the MOXY token reward pool. Notably, it aimed to demonstrate the...

IoTeX launched Alchemy Pay’s On and Off Ramp on its platform.

IoTeX , the ultra-fast, ultra-secure, and extremely scalable blockchain platform , has partnered with Alchemy Pay to launch an efficient solution for on and off-ramp services within the IoTeX ecosystem. Developers and dApps on IoTeX may smoothly integrate the on and off-ramp capabilities by leveraging Alchemy Pay’s plugin, allowing users from all over the world to purchase and sell cryptocurrencies using their preferred payment methods and local fiat currencies. Users will be able to directly purchase IoTeX’s native currency, $IOTX, with fiat on Alchemy Pay’s landing page as part of this collaboration. IoTeX, as a modular Web3 infrastructure platform , connects intelligent devices and real-world data to blockchains, with a vision of empowering individuals to own their data, devices, and identity in a connected world. This partnership between Alchemy Pay and IoTeX will further reinforce IoTeX’s overall strength, attract and onboard a larger base of global users. About...

DeFi driving zkSync growth as 1inch deploys on Ethereum layer-2 scaling platform

1inch Network is the latest decentralized Finance protocol to deploy on Ethereum layer-2 scaling platform zkSync Era. Decentralized finance (DeFi) protocol 1inch has deployed its aggregation and limit order protocols on Ethereum layer-2 scaling solution zkSync Era to tap into faster and cheaper transactions. 1inch Network is the latest of a host of Ethereum-based platform s and services to deploy on the zero-knowledge proof (zk-proof) based scaling platform . Uniswap, SushiSwap, Maker and Curve Finance have also launched on the zk-proof roll-up zkSync Era. 1inch Network co-founder Sergej Kunz highlighted the promise of the layer-2 solution as his platform joins a handful of first-movers to integrate with the zk-proof powered protocol: “As zkSync Era gains steam, 1inch users will benefit from faster and cheaper transactions.” A statement from Matter Labs CEO Alex Gluchowski, who heads up the zkSync development firm, notes that DeFi protocols have been a major factor in the uptake o...