Crypto Intelligence

US House Financial Services Committee to Explore Digital Assets

On February 11, the U.S. House Financial Services Committee’s Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee will convene a hearing titled “A golden age of digital assets: charting a path forward.” The session aims to address the need for clear digital asset regulations to maintain the United States’ competitive edge in the global market.

Key witnesses include Jose Fernandez da Ponte from PayPal, Jonathan Jachym of Kraken, and Timothy Massad from Harvard University. In his prepared testimony, Ji Hun Kim, president and acting CEO of the Crypto Council for Innovation (CCI), emphasized the importance of a comprehensive federal digital asset policy.

He noted that regions like the European Union, the United Kingdom, Japan, and Singapore are advancing with clear regulations, potentially leaving the U.S. behind. Kim outlined four legislative priorities: enacting comprehensive market structure legislation, passing stablecoin legislation, enhancing coordination between the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), and supporting decentralized finance and individual empowerment.

Coy Garrison, a partner at the Steptoe law firm, echoed the call for regulatory changes. He observed that the SEC, CFTC, and the Federal Deposit Insurance Corporation (FDIC) are attempting to attract crypto businesses back to the U.S. by reversing restrictive policies from the previous administration. Garrison stated, “The timing is right for Congress and the Administration to work together to implement a much-needed regulatory framework for digital assets in the U.S.” He also urged the government to withdraw lawsuits against crypto exchanges like Coinbase, Binance, and Kraken, advocating instead for the creation of registration pathways for digital asset businesses.

This hearing underscores the growing recognition among lawmakers and industry leaders of the urgent need for clear and comprehensive digital asset regulations to ensure the U.S. remains a leader in the rapidly evolving crypto landscape.

Bitcoin Faces Potential $1.3 Billion Liquidation If Support Level Fails

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Bitcoin’s price is at risk of a sharp downturn if it slips below a critical support level, which could trigger the liquidation of over $1.3 billion in leveraged long positions.

The leading cryptocurrency recently fell below the key psychological threshold of $100,000 on Feb. 4, as market sentiment weakened following rising global trade tensions. The United States and China both announced new import tariffs, creating uncertainty in financial markets and impacting Bitcoin’s price movement.

Key Support Levels to Watch

To prevent a deeper correction, Bitcoin must maintain a weekly close above the $93,000 support level, according to Ryan Lee, chief analyst at Bitget Research.

“Watch for Bitcoin’s support at $90,500, $93,000,” Lee said. “Dropping below $90,500 might indicate bearish trends. These levels could shape market sentiment depending on how Bitcoin trades around them.”

If Bitcoin falls below $93,000, it could face significant volatility. Coinglass data suggests a drop under this level would result in the liquidation of nearly $1.3 billion in leveraged long positions across crypto exchanges.

Trade War Tensions and Bitcoin’s Role

Global trade conflicts are adding further uncertainty, with potential consequences for Bitcoin’s price trajectory. While Bitcoin is often considered a hedge against financial instability, escalating trade disputes between the U.S. and China could still push the asset below $90,000 in the short term.

However, the long-term impact remains uncertain. Some analysts argue that prolonged trade conflicts could weaken fiat currencies, ultimately driving investors toward Bitcoin as an alternative.

“This is what Bitcoin was originally intended for, to be a hedge against fiat devaluation and inflation,” said James Wo, CEO of venture capital firm DFG. “We might see Bitcoin ultimately benefiting from the flight away from weakened fiat currencies, pushing its price higher over time.”

Delays in U.S.-China Trade Talks Add to Market Uncertainty

Investors are now closely monitoring an upcoming meeting between former U.S. President Donald Trump and Chinese President Xi Jinping, which is expected to have significant implications for global trade policy and financial markets.

Trump was initially scheduled to meet Xi on Feb. 11, as confirmed by top trade adviser Peter Navarro during a Politico Live event on Feb. 4. However, later the same day, reports emerged that the meeting had been delayed, citing unnamed U.S. officials.

The uncertainty surrounding these trade negotiations is likely to influence Bitcoin’s price in the coming weeks. If talks remain unresolved or tensions escalate, market sentiment may shift further, leading to increased volatility in both traditional markets and the cryptocurrency sector.

For now, Bitcoin’s ability to stay above key support levels will be crucial in determining whether it experiences a deeper correction or stabilizes amid the ongoing macroeconomic challenges.

Dogecoin’s Next Move Could Lag Behind This Lesser-Known Altcoin Primed for a 44,000% Rally

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Dogecoin has fallen below the $0.3 mark, triggering shock among memecoin holders. Despite predictions of a DOGE recovery, investors are opting to join RCO Finance, a new DeFi investing ecosystem that leverages the power of blockchain technology. 

Read on to see why analysts say RCO Finance could become the best altcoin investment of Q1 2025.

Dogecoin Holders Expect a Recovery in March

Dogecoin got off to a rough start in February, falling below the $0.3 mark, which it had maintained for most of January 2025. Its drop has now sparked fears among meme coin holders, many of whom have lost money from Dogecoin’s decline to its current price of $0.262.

With growing uncertainty, investors are divided on Dogecoin’s recovery prospects. Some analysts believe that talks of a potential Dogecoin ETF could trigger a rebound to $0.35, but skepticism remains high.

In response, many investors are shifting their focus to high-rated projects like RCO Finance—an AI-driven altcoin ecosystem designed to address common financial sector challenges and offer more stable growth opportunities.

RCO Finance: Ushering in the Era of AI-Backed Investing Tools and Strategies

Are you ready to step into the future of investing with RCO Finance (RCOF)? Built with artificial intelligence and machine learning, RCO Finance is a crypto-based platform that delivers professional trading strategies to investors of all levels, helping them to amplify returns from the finance sector. 

A key feature that is central to RCO Finance’s ambition is its Robo Advisor trading tool. Robo Advisor is an automated system that collects live market data from quality sources like Bloomberg and Reuters. 

It uses this information to provide investment strategies that are in line with your specific goals, risk appetite, and market preferences. This allows you to get expert-level trading strategies that fit your investing plans. 

Robo Advisor goes beyond offering trading strategies: It also helps to adjust investors’ portfolios in real-time, adapting to short and long-term market shifts. As a result, Robo Advisor helps you amplify returns while minimizing losses. 

Imagine Olivia,a novice trader who splits her investment between high-growth cryptocurrencies and blue-chip stocks. As market trends shift, Robo Advisor automatically adjusts her allocations, ensuring that her crypto investments are positioned for growth while her traditional holdings remain stable during turbulent times.

Robo Advisor is not limited to cryptocurrency assets. Rather, it grants access to over 120,000 financial instruments ranging from equities and bonds to tokenized assets like property. By offering a wide range of investing options, Robo Advisor allows investors to choose from risky assets with high ROI potential to more stable options.

 This allows you to balance risk and return appropriately, resulting in a portfolio that stays profitable through changing market conditions. You can also amplify returns through RCO Finance’s high-leverage trading, offering up to 1000x leverage. 

Aside from being able to hold larger trading positions, RCO Finance’s high leverage also works across traditional and DeFi markets, further giving you flexibility.

In addition to a wide range of financial assets and high-leverage trading, RCO Finance users also enjoy low-risk yield-earning mechanisms that allow them to maximize returns on  their investments. 

Investors can participate in its coin staking program, where they will contribute to liquidity pools by locking up their tokens for a fixed period. In return, these investors will earn up to 86% APY, which is among the highest in the DeFi sector. 

Users will also receive discounts on trading fees just for keeping RCOF tokens in their wallets. As your token reserve grows, so does your trading fee discount. As an advantage, this encourages token holding and further boosts price stability for RCOF.

Another area where RCO Finance stands out from other DeFi ecosystems is offering full anonymity to traders. Thanks to RCO Finance’s zero-KYC policy, investors don’t have to submit any personal information. This greatly cuts out the risk of data leaks. 

Additionally, all smart contracts in RCO Finance’s ecosystem have been audited by SolidProof, showing that the system is safe enough to protect investors. In a nutshell, RCO Finance is bringing AI-based automation, diverse investing options, token rewards, and unmatched user safety.

RCO Finance Launches its Beta Platform

Beyond its cutting-edge tools, RCO Finance’s growth reflects strong investor confidence, with over 10,000 users now signed up to its ecosystem. Additionally, it has surpassed expectations by releasing a beta platform, allowing users to test out its functionalities and also the Robo Advisor trading bot. 

The team behind RCO Finance is also working on future upgrades for Robo Advisor and the trading platform ahead of its alpha launch.

RCO Finance Vs Dogecoin: Which Coin Holds Better Returns?

Many investors have picked RCO Finance over Dogecoin, saying its AI trading features hold higher appeal than meme coins. This sentiment has been reflected by the sale of over $12 million worth of tokens since the start of its ICO. 

It now trades at $0.100 after entering stage 5 of its presale. By stage 6, RCOF’s value will grow to $0.130 ahead of its listing, which will come when its value enters the $0.4-$0.6 range. 

Analysts have also predicted a $13,000x rally for RCOF, which means putting $1,000 into its presale could grow to over $150,000 by the start of 2026. Time is running out—secure your RCOF tokens today before the next price surge and maximize your profit potential.

For more information about the RCO Finance (RCOF) Presale:

Visit RCO Finance Presale

Join The RCO Finance Community

Tornado Cash Developer Alexey Pertsev Granted Bail Amid Ongoing Legal Battle

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Alexey Pertsev, the developer of the cryptocurrency mixing service Tornado Cash, has been granted bail after nearly nine months in detention. The decision marks a significant development in his ongoing legal battle, as he faces charges related to money laundering in the Netherlands.

Legal Proceedings and Bail Decision

Pertsev was arrested in August 2022 following allegations that Tornado Cash was used to launder illicit funds. Authorities claim that the platform facilitated the movement of billions of dollars linked to cybercriminal groups, including those associated with North Korea.

Despite the charges, Pertsev’s legal team has maintained his innocence, arguing that Tornado Cash is merely an open-source tool that does not directly engage in criminal activity. Following months of detention, a Dutch court ruled that he could be released on bail under strict conditions, though the specifics of those conditions have not been made public.

Defense Argument: Tornado Cash as a Neutral Technology

Pertsev’s lawyers have repeatedly emphasized that Tornado Cash functions as a decentralized privacy tool rather than a platform designed for illicit purposes.

“He did not launder money. He did not profit from criminal activity,” his defense team stated. “Tornado Cash is a neutral technology that can be used by anyone, just like the internet or blockchain itself.”

The case has raised concerns within the cryptocurrency community regarding the criminalization of open-source developers. Many in the industry argue that holding developers legally responsible for how their code is used sets a dangerous precedent.

Global Crackdown on Crypto Privacy Tools

Pertsev’s arrest was part of a broader regulatory crackdown on cryptocurrency privacy services. In August 2022, the U.S. Treasury Department sanctioned Tornado Cash, alleging that it had been used to launder over $7 billion in digital assets since its creation.

These sanctions led to widespread controversy, with critics arguing that banning privacy-enhancing tools infringes on financial privacy rights. Several crypto advocacy groups have expressed concerns that targeting developers like Pertsev could stifle innovation and discourage the development of decentralized technologies.

What’s Next for Pertsev?

While his bail marks a step forward in his legal battle, Pertsev still faces serious charges that could result in a lengthy prison sentence if convicted. His defense team is preparing to argue that Tornado Cash is no different from other privacy-focused technologies and should not be blamed for how individuals choose to use it.

The outcome of this case could have lasting implications for the cryptocurrency industry, particularly for developers working on decentralized projects. The trial is expected to continue in the coming months, with industry experts closely watching the proceedings to see how courts define the legal responsibilities of open-source developers in the evolving crypto landscape.

Sentient Completes Record-Breaking Ownership Mint for World’s First Decentralized Loyal AI Model

San Francisco, California, February 6th, 2025, Chainwire

Sentient has completed one of the biggest-ever minting campaigns in the history of crypto with 650,000 participants. The mint offers participants the opportunity to gain partial ownership of Dobby, the world’s first Loyal AI model, through the distribution of an NFT. With the NFT, users can later claim model ownership and model fingerprints.

Sentient’s groundbreaking engagement rate coincides with the rise of DeepSeek, an AI model rivaling OpenAI’s performance while being built on a $6M budget and minimal GPUs. Open-source and efficient enough to run on smartphones, DeepSeek’s debut has fueled market turbulence, impacting AI stocks and crypto tokens.

Sentient’s innovative fingerprinting technology represents a breakthrough in AI model training and ownership. These unique digital signatures enable communities to verify model identity and enforce ownership over openly distributed models. The launch follows Sentient’s completion of an $85 million seed round co-led by Peter Thiel’s Founders Fund.

Fingerprinting a model embeds a query response pair directly into the AI model. The same fingerprinted query will always have the same response by the AI model, this helps the community identify the model and call out any illegitimate use. Sentient has created this tamper-resistant mechanism to prove the legitimacy of use and prevent misappropriation. The fingerprinting campaign advances Sentient’s vision of Loyal AI: artificial intelligence that is fully decentralized and community-controlled.

While other companies focus on AI agents, Sentient prioritizes core decentralization and open-source models. By embedding loyalty into the AI “brain”, Sentient ensures alignment with the communities’ principles, building trust and integrity at the foundation.

Participants in the fingerprinting campaign will share ownership of Dobby, Sentient’s debut Loyal AI model. The distributed NFT will allow users to claim model ownership and model fingerprints. These fingerprints act as keys to the model’s unique identity, enabling holders to verify legitimate use and enforce ownership. The campaign sets a precedent for decentralizing the power and control of advanced AI systems.

Sandeep Nailwal, Polygon founder and Sentient core contributor, said: “When AGI or ASI emerges it should be community-controlled and community-owned to guarantee its loyalty. Sentient’s fingerprinting mechanism allows communities to enforce ownership, control and alignment of open-source AI models. This incentivizes communities to come together and build high quality open-source models. In the long run, the goal is to make sure that instead of some large institution having exclusive control over a closed-source AGI, AGI is open-source and owned by everyone individually and collectively.”

To claim the NFT, participants must prove both their humanity and intelligence by passing a randomized IQ test. This rigorous minting process, which attracted over 650,000 participants, has already made history as one of the largest NFT campaigns ever by user engagement. Beyond ownership, these NFTs grant users exclusive access to the fingerprinted model, creating a direct link between the community and the AI they’ve helped shape.

Sentient’s mission extends far beyond Dobby. As the organization redefines the future of AI, it remains steadfast in its belief that the current trajectory of centralized, corporate-controlled AI development is unsustainable. Sentient’s vision for Loyal AI challenges this status quo, championing a transparent, community-driven approach to artificial general intelligence (AGI).

Updates on the fingerprinting campaign will be shared on Sentient’s X account and Discord. 

About Sentient

Sentient is pioneering a new era in AI, empowering communities to create Loyal AI that is community-built, community-aligned, and community-owned. As a non-profit committed to advancing open-source AI technologies and building a decentralized, transparent ecosystem, Sentient champions an Open AI economy where AI builders are key stakeholders. With AGI on the horizon, its mission is to ensure it serves humanity, not corporations.

Learn more: https://sentient.foundation/

Contact

Market Across
pr@marketacross.com

Dubai to Host Second Edition of Middle East Blockchain Awards as MENA Drives Global Crypto Growth

Dubai, United Arab Emirates, February 6th, 2025, Chainwire

The Middle East Blockchain Awards (MEBA) returns for its second year after the success of its inaugural edition, with Dubai selected as the host city. The ceremony will take place at the iconic Jumeirah Burj Al Arab on April 29, coinciding with the TOKEN2049 conference. The event will unite industry leaders, innovators, and visionaries to celebrate achievements in blockchain and cryptocurrency.

MEBA 2025 arrives at a pivotal moment amid the rapid acceleration of blockchain adoption across the MENA region. Recent data from Chainalysis positioned the region as the seventh-largest cryptocurrency market in the world. Between July 2023 and June 2024, MENA received an estimated on-chain value of $338.7 billion—accounting for 7.5% of the global transaction volume.

Notably, the UAE has emerged as a global leader in digital asset adoption. According to Henley & Partners’ latest report, the UAE ranks third worldwide in digital currency usage. Chainalysis data also revealed that the UAE received approximately $34billion in cryptocurrencies between June 2023 and July 2024, experiencing a robust 42% year-on-year growth. This is driven by the country’s progressive approach to blockchain technology, with cities like Dubai establishing themselves as key innovation hubs. 

Max Palethorpe, Founder and CEO of Hoko Group, the official organizers of MEBA, commented: “The Middle East Blockchain Awards provides a unique platform to recognize the incredible achievements that are driving the next wave of innovation in blockchain and digital transformation. With the UAE leading the charge in the Web 3.0 revolution, it’s inspiring to see industry leaders coming together to shape the future of this dynamic industry. This year’s event promises to be a true celebration of the pioneers who are pushing boundaries and setting new standards.”

Returning as a judge for the second consecutive year, Dr. Marwan Al Zarouni, CEO, AI for Dubai Department of Economy and Tourism and CEO of Dubai Blockchain Centre (DBCC) added: “I am thrilled to be part of the judging panel once again and witness the rapid evolution of blockchain technologies in the MENA region. With the UAE at the forefront of this transformation, the government’s forward-thinking approach, combined with the region’s dynamic innovation ecosystem, is accelerating the adoption of Web 3.0 technologies. The Middle East Blockchain Awards captures this momentum and further cements the UAE’s position as a global hub for blockchain excellence.”

Other judges of the Middle East Blockchain Awards this year include:

●     Jumana Al Darwish, Award Winning Social Entrepreneur and Founder of Happy Box

●     Scott Melker, Host, The Wolf of All Streets Podcast, and Crypto TownHall

●     Mario Nawfal, Host of Largest Show on X and Founder of International Blockchain Consulting Group

●     Saqr Ereiqat, Secretary General of Dubai Digital Assets Association and Co-Founder of Crypto Oasis

●     Jorge Sebastiao, Co-Founder Global Blockchain Organization and Co-Founder EcoX

●     Matthies Mende, Founder and CEO of Bonuz and Co-Founder of Dubai Blockchain Center

MEBA aims to foster innovation, recognize excellence, and set new standards for blockchain and Web 3.0 projects across the region. In its inaugural edition in 2022, MEBA partnered with Abu Dhabi Global Market’s flagship platform, Abu Dhabi Finance Week, and the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA).

Submissions are now open at www.mebawards.io, where participants can find additional details about the categories and the nomination process.

About Hoko Abu Dhabi

Hoko Agency is a diversified and innovative company that owns and operates a diverse portfolio of businesses within the sectors of Finance, Blockchain, Entertainment, Sport and F&B. Hoko strives to be the best-in-class in each of their service lines; offering quality products, world class service and fitting solutions that go beyond the industry’s expectations.

Contact

Head of PR
Yousef Batter
White Label Strategy
yousef.batter@whitelabelstrategy.io

Top 5 Rising Stars: Exploring the Leading Projects on TON Blockchain

The TON (The Open Network) ecosystem is rapidly becoming a pivotal force in the cryptocurrency domain, attracting a wide range of developers and investors due to its burgeoning growth and innovative capabilities. Originally envisioned by Pavel Durov for use with Telegram, TON has since morphed into a powerful, scalable network known for its swift transactions and intuitive applications. This piece highlights five cryptocurrencies within the TON ecosystem poised for noteworthy expansion.

1. Gramcoin (GRAM): The Premier Choice

Potential for growth: Significant

Within the Telegram community, Gramcoin, or GRAM, has carved out a niche for itself, thanks to its innovative approach to mining. Unlike traditional methods, GRAM allows for mining via video cards using Givers — specialized smart contracts that assign computational tasks. This process rewards miners in a manner akin to the Bitcoin protocol but without necessitating the use of costly ASIC hardware. This decentralized mining strategy ensures inclusivity, allowing individuals with video cards to participate, ultimately leading to a more equitable distribution of tokens.

The GRAM community has swelled to include tens of thousands of enthusiasts, drawn by its open and decentralized model. Within this community, many see GRAM as the potential successor to Bitcoin, capable of following in Bitcoin’s pioneering footsteps within the world of digital currencies. While both cryptocurrencies offer fast and cost-effective money transfers, GRAM, operating on the high-performance TON blockchain, sets itself apart with its instant transactions, accessibility to mining, and inclusive nature. GRAM mining only requires a video card and a simple software setup, making it accessible to any user. In contrast, Bitcoin mining now requires substantial initial capital, limiting participation to investors with significant resources.

Within the TON ecosystem, GRAM trades actively on a number of decentralized platforms, including STON.fi, Ton Diamonds, DeDust, and the Cryptorg bot on Telegram. Since its launch in January, GRAM’s valuation has soared by 28,000 times, with its user base expanding to over 30,000 in just a couple of months. With rumors of potential listings on major exchanges swirling within the project’s Telegram group, the GRAM community is abuzz with anticipation for what the future holds. Keen observers have noted significant GRAM token transfers, including transactions of over a million units to wallets linked with MEXC and OKX exchanges.

2. Notcoin (NOT): The Viral Sensation of the TON Ecosystem

Potential for growth: Moderate

NOT, a meme coin originating from the Notcoin clicker game within the TON ecosystem, has experienced a remarkable surge in popularity among cryptocurrency enthusiasts during the winter season. This surge can be attributed to the widespread distribution of free giveaways. As of mid-March 2024, the Notcoin community boasts an impressive user base of over 30 million people on Telegram, with 5 million users actively engaging with the platform on a daily basis.

The game itself is straightforward and integrated directly into Telegram chats, requiring players to simply tap on the Notcoin symbol to earn coins with each press. However, the game introduces a strategic element by limiting the energy available for clicking; it depletes with each tap but gradually regenerates over time, preventing endless clicking. Players can also acquire NOTs through various activities such as participating in specific Telegram groups or channels, using referral links to invite friends, and advancing these friends to higher tiers within the game. An exclusive offer of 50,000 Notcoins was available to Telegram Premium subscribers, but as of April 1, 2024, the Notcoin team announced they would cease the “mining” process of the coin, a decision shared by the Web3 gaming project.

In an interesting twist, NOT has established a friendly relationship with the GRAM project. The creator of NOT holds GRAM tokens and has organized competitions rewarding winners with GRAM tokens. This collaboration highlights the strong sense of community and shared objectives among supporters of these projects.

3.  STON.fi (STON): The Premier DEX within TON

Potential for growth: Above Average

STON.fi stands as a pivotal decentralized exchange (DEX) within the TON ecosystem, operating on an innovative automated market maker (AMM) model. Established in 2022, it utilizes request-for-quote (RFQ) mechanisms and hashed time-locked contracts (HTLC) for seamless cross-chain swaps, positioning itself as a technological frontrunner in facilitating secure and efficient trading.

With a daily trading volume reaching $7 million, STON.fi not only showcases the vibrant activity within the TON ecosystem but also signifies the trust and reliance traders place in its infrastructure. This figure, one of the highest among emerging TON-based platforms, indicates a robust and growing interest in TON’s offerings.

STON.fi’s growth potential is rated above average, buoyed by the TON ecosystem’s expanding user base and the intrinsic value of its technological foundation. The STON token, integral to protocol governance and voting through long-term bets, has seen a remarkable six-fold increase in value from February to March 2024, peaking at $18. This growth trajectory underscores STON.fi’s solid market position and its pivotal role in shaping the future of decentralized finance (DeFi) within the TON ecosystem.

4. DeFinder Innovations (DFI): Pioneering the TON Ecosystem Landscape

Potential for growth: Moderate

DeFinder Innovations (DFI) stands as a comprehensive initiative within the TON ecosystem, showcasing a diverse array of products including the ARBUZ gaming experience with ongoing coin rewards, the DeWallet virtual wallet, the DeFinder Innovations Fund, ArrakenPlanet agricultural simulation game, and a groundbreaking TON-based betting platform. These varied offerings aim to meet a wide range of user preferences, spanning entertainment, financial management, and investment avenues.

DFI is on a mission to emerge as the leading community within the TON ecosystem by addressing gaps in services and product offerings and enhancing TON’s appeal through active user involvement. DeFinder Innovations seeks to unify different facets of the cryptocurrency community, fostering a cohesive environment. This goal is facilitated by the strategic use of the DFI token for ecosystem governance, employing a decentralized autonomous organization (DAO) model to distribute tokens from a communal pool to engage and incentivize participation.

With its moderate growth potential, DFI’s innovative ecosystem and broad service portfolio set it up as a key contender in the TON arena. The initiative has attracted attention and support from the TON Foundation, highlighted by a significant $20,000 donation from the foundation’s leader to DeFinder’s wallet. Furthermore, DFI’s trading value has seen an extraordinary rise of 1440% since December 2023, illustrating a promising path towards realizing its lofty ambitions.

TonUp (TONUP): Catalyzing Project Launches

Potential for growth: Moderate

TonUp operates as an essential catalyst within The Open Network (TON), dedicated to promoting new project launches by providing necessary funding and liquidity. As a foundational element of TON’s project incubation framework, TonUp plays a crucial role in encouraging innovation and contributing to the ecosystem’s growth.

To safeguard and potentially enhance the value of its tokens, TonUp adopts a methodical approach involving regular token redemptions and destructions, effectively diminishing the total supply in circulation. This strategy aims to not only stabilize but also increment the value of TonUP tokens, instilling additional confidence among investors regarding the platform’s future prospects.

TonUP has showcased remarkable performance, with its token value experiencing a 180% increase within a month, peaking at $1.2 on March 25. This surge reflects strong investor trust and market demand for what TonUp has to offer. With its strategic approach to token management and its status as an incubator, TonUP exhibits moderate growth potential, marking it as an instrumental entity in attracting further innovation and investment to the TON ecosystem.

Synergizing Leading TON Initiatives

Examining these five cryptocurrencies unveils their critical contributions and potential within the TON ecosystem. Each project brings unique solutions and strategic visions to the table, enhancing TON’s vibrancy and innovation capacity. From GRAM’s commitment to decentralization to NOT’s captivating gameplay, DFI’s community-centric approach, STON.fi’s trailblazing DEX model, and TONUP’s facilitative role in project launches, these endeavors collectively highlight the expansive opportunities for growth and innovation in The Open Network. As they evolve and broaden their influence, their combined efforts are set to redefine the future of blockchain technology and decentralized finance.

ERC-7231: Ethereum Community Backs CARV’s NFT Standard for Value Redistribution to Users in the AI Revolution

Santa Clara, US, March 28th, 2024, Chainwire

CARV, the modular data layer for gaming and AI, today announces the final approval of ERC-7231 – the protocol that establishes a revolutionary system of data self-sovereignty, empowering users to possess, manage, and contribute their information to both AI systems and data consumers, thereby enabling the equitable sharing of generated value.

Ethereum Community greenlighting the standard is a major step in bridging disparate digital identities and enabling users to own their online history, relationships, and experiences across platforms.

ERC-7231 binds multiple Web2 and Web3 identities to a single non-fungible token (NFT) and achieves encrypted aggregation of multi-domain identity data. The result is an “identity of identities” that enables self-authentication, social overlapping, and commercial value generation from targeted user data.

“At long last, this solution breaks down identity silos, rewrites the rules of data ownership, and lays the foundation for a user-owned internet where individuals can have an equitable share in value distribution,” said CARV Co-Founder Victor Yu.

ERC-7231 offers three important benefits at the dawn of Web3. First, the protocol’s integration with account abstraction wallets makes Web2 and Web3 onboarding (and therefore adoption) easier. Second, uniting multiple identities under one banner enables greater interoperability between different platforms and services. Third, users exercise unprecedented control over their data to decide how it’s used. If they opt to share this data, for example, users can passively earn whenever brands leverage their on-chain and off-chain identity information.

Case in point: CARV ID is integrated with the standard and already empowering users to manage their digital presence across the gaming universe with ease and confidence. More than 900,000 CARV ID holders are playing their favorite games and earning rewards across CARV’s comprehensive ecosystem, which spans from its foundational data stack, its gaming-focused application layer, to the increasing list of games integrated with CARV ID. CARV has also developed an AI Agent in house, where more nuanced data can be scrapped in a privacy-preserving way and attributed to CARV ID. Entities building on CARV’s modular data layer, such as MARBLEX which recently just announced their strategic partnership with CARV, can tap into this rich data source for game and AI development. ERC-7231 is “the key to stringing everything together,” said Yu.

Understanding gamers today is increasingly difficult due to app tracking changes (IDFA) and shifting privacy regulations (CCPA). With ERC-7231, users can not only aggregate, own, and control their identities, but gaming and AI companies can leverage this zero- and first-party data to create customized experiences and more accurately target gamers.

For example, according to the company, improved user acquisition was the aim of Electronic Arts and its latest game, EA Sports FC Tactical, in Indonesia. Utilizing CARV as one of the primary channels for user acquisition, EA recently recruited Indonesian gamers for the beta test at a lower Cost Per Install (CPI) than traditional channels. Better yet, the game can better understand each gamer and their history thanks to ERC-7231’s aggregated data from multiple gaming accounts.

“Backed by this standard, brands can shift and shape their offering with quality and compliant data, and users can share in the value creation from this information. We welcome all user identity solutions to adopt ERC-7231 and usher in a new age of identity-aggregated NFTs,” said Yu.

About CARV

CARV is the largest modular data layer for gaming and AI, revolutionizing how data is used and shared. CARV ensures privacy, ownership, and control are firmly in the hands of individuals and provides gaming and AI development with holistic and high-quality data reinforced with human feedback in a regulatory-compliant, trustless way. To pioneer a future where data generates value for all, CARV has built CARV Protocol, the modular data layer integrated with 40+ chain ecosystems, and CARV Play, its flagship gaming superapp. CARV has more than 2.5 million registered users and 700 integrated games.

For more information users can visit here or stay in the loop here.

Contact

Cofounder & COO
Victor Y.
CARV
vito@carv.io

MetaWin Launches New Base and Arbitrum Layer 2-Powered Swap System, Boasting 2-Second Payment Speeds and Half a Cent Gas Fees

London, United Kingdom, March 28th, 2024, Chainwire

MetaWin, the trailblazing platform for on-chain prize competitions, is delighted to announce the incorporation of the Base and Arbitrum Layer 2 (L2) blockchain networks into its on-site swap feature.

This ground-breaking update represents a significant milestone in MetaWin’s quest to deliver an unmatched gaming experience, offering faster transactions and substantially reduced fees for its users. By embracing the capabilities of the Base and Arbitrum L2 chains, MetaWin not only improves its platform’s efficiency but also solidifies its position as an innovator in the blockchain gaming industry.

The integration enables users to effortlessly deposit and withdraw funds on either chain or across chains, providing the flexibility to select the preferred network for receiving winnings. Transaction times have been dramatically slashed to just 2 seconds for inbound swaps and 20 seconds for outbound swaps, paired with gas fees as low as half a cent USD for swapping (theoretically) an unlimited amount.

The introduction of Base and Arbitrum L2 support signifies more than just an upgrade; it heralds a revolution. MetaWin takes pride in leading this innovation charge, offering a more accessible, affordable, and faster gaming experience. By mitigating the barriers associated with high transaction costs and slow processing times, MetaWin not only expands its user base but also fortifies the blockchain ecosystem.

“We are excited to lead the way in leveraging the latest blockchain technology to benefit our users,” said Rebecca Hanwell, Operations Manager at MetaWin. “The integration of Base and Arbitrum L2 chains underscores our commitment to innovation and our vision for a future where blockchain gaming is mainstream, accessible, and affordable for everyone. Given the remarkable results observed here, we will continue to integrate the remaining Layer 2 chains.”

This strategic update aligns with MetaWin’s ongoing endeavour to democratize access to on-chain prize competitions, ensuring that players worldwide can participate without the burden of exorbitant fees or sluggish transaction speeds. The decentralized competitions will also transition to leverage the L2 chains as early as next week.

As MetaWin continues to push the boundaries of what’s achievable in blockchain gaming, it remains steadfast in providing a secure, transparent, and efficient platform for its global community.

Users can try the new swap system by connecting their Web3 wallet to MetaWin

About MetaWin

MetaWin is the premier platform for on-chain prize competitions and instant win games, offering a diverse range of entertaining challenges for users to enjoy. By harnessing cutting-edge blockchain technology, MetaWin provides a transparent, fair, and secure gaming environment, making it the go-to destination for blockchain enthusiasts and gamers alike.

For more information about MetaWin and its latest integration, please visit www.Metawin.com

Follow us on social media:

https://www.instagram.com/metawin.eth/

Join our community:

https://t.me/metawinlfg

https://discord.com/invite/the-arena

Contact

PR Team
Metawin
press@metawin.inc

Trade BetFury Futures With Up to x1000 Multiplier & FuryWaves Trading Tool

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BetFury has recently taken another step towards developing its crypto ecosystem. The platform has introduced Futures with up to an x1000 multiplier. Every trader can earn top crypto with low fees and even get trading discounts. Besides, BetFury has created FuryWaves – a betting game based on Futures. It’s implemented on a randomizer and allows you to combine earnings with fun. Discover how you can get real crypto by predicting price movements.

Try BetFury Futures With x1000 Multiplier

What’s Unique in Futures on BetFury?

At first glance, BetFury Futures is a classic feature for predicting price growth or decline. However, several features set it apart from other market offerings.

  • Trading with x1000 Multiplier: high leverages multiply crypto up to a thousand times.
  • Lower Commissions: minimum costs for fees affect income maximization.
  • Up to 60% Fee Discount for BFG Holders: having native BetFury tokens allows you to save on commission while trading Futures.
  • Quick Deposit Boost: users can deposit low amounts and withdraw increased amounts, choosing the highest x1000 multiplier and the right trading strategy.
  • Create Your Own Futures Strategy: following personal vision and technique may maximize profits and minimize risks.

How Do BetFury Futures Work?

Success in trading depends not only on knowledge but also on the right tool and approach. BetFury offers four currencies for trading: BTC, ETH, BNB, and XRP. Their price is formed from external exchange resources and is highly accurate since the platform algorithms update it in real time every 500 milliseconds. To open a Futures position, specify the currency, wager, multiplier, type of commission, and price direction (up or down). You can choose Flat or PnL commissions, which are pretty low and suitable for different situations. You will win if you predict the exchange rate correctly. Liquidation and closing a position occurs when you mispredict price movements.

Why FuryWaves is a New Look at Trading?

To expand Futures trading tools, BetFury has released FuryWaves. It’s a special Original game with trading elements. The main difference from the default Futures is the price formation. Instead of constantly updating exchange prices, FuryWaves uses a randomizer with the SHA-256 algorithm. Thus, each next price move will shift by a random value in a random direction. The fairness of this method can be easily proved through a session hash. 

What are the main aspects that can be highlighted when playing FuryWaves?

  • Each trading session lasts 24 hours and has up to 172,800 ticks.
  • One tick occurs every 500 milliseconds.
  • New trading sessions start at an initial price of $1,000.
  • At the end of each session, all open positions are closed using a current PNL.
  • FuryWaves allows you to place bets in USDT and USDC.

Therefore, FuryWaves is an exciting betting game with unique features. It complements the variety of Original games on BetFury, simulating the trading experience with an entertaining method. Perhaps this system with randomly generated price moves will become more popular and help many gamers master crypto tools like Futures.

Conclusion

Futures on BetFury represent a lucrative tool blending betting dynamics with the precision of trading. It caters perfectly to skilled traders seeking a novel trading experience. BetFury demonstrated a striking example of Futures with real crypto rewards, convenient usage, and an additional trading tool in the form of an Original game — FuryWaves. These groundbreaking products are reshaping the industry landscape, offering fresh air for traders seeking to enrich their experience and crypto incomings. Embrace this new era of crypto earnings with BetFury and experience a new dimension of trading excitement!

About BetFury

BetFury is an established ecosystem with crypto-earning features, iGaming, and Sports betting. The platform has a global community of 2M+ users for over four years of progress. 

Multiple crypto-staking options are available on BetFury for users who prioritize competitive rewards and leading tokens for earning, such as BTC, ETH, USDT, and BNB. There is Crypto Staking with up to 130% APR and flexible conditions.

When you sign up on BetFury, you receive a Welcome Pack with up to $10 500 Deposit Bonuses and 275 Free Spins. If you prefer a team approach to gaining rewards, you can join a Referral Program. The referrer gets a $1,500 bonus and a 30% commission for his referral’s activity with an opportunity for reward. You can access all these crypto features directly on the BetFury website or use its Telegram Bot for faster platform access and boosted rewards.