Singapore, Singapore, April 21st, 2023, Chainwire
MOOI Network, the blockchain ecosystem designed for game projects, is thrilled to announce the listing of its governance token, $MOOI, on MEXC Global, a prominent cryptocurrency exchange. The listing is scheduled for April 25 at 10:00 UTC and reflects MOOI Network’s commitment to lowering barriers for new users and providing accessible options for engagement within its ecosystem.
Company Background
MOOI Network was created by POST VOYAGER, a subsidiary of Cocone, a Japan-based avatar styling & gaming social app developer with users across 74 countries. Over the past 14 years, Cocone’s flagship projects have attracted over 130 million downloads and 4.7M monthly active users. Meanwhile, in 2022 the highest daily profit from selling digital beauty and fashion items topped $1.7 million.
MOOI Network
With Cocone’s roots in the Web2-based virtual world, MOOI Network was established to help the company’s Web3 transition. Since the launch of MOOI Network on June 30th, 2022, POST VOYAGER and Cocone have built an outstanding portfolio filled with high-quality gaming titles and dapps, including MetaLivly, PKCL Twins, ClawKiss, and JANKEN. At the heart of the MOOI Network’s economy is Jellyme, an NFT marketplace for blockchain-based games. Recently, the marketplace has seen a significant surge in popularity: according to DappRadar, the dapp’s usage was up 7,312% in April, reaching 11,630 weekly active wallets.
Bringing Access to the MOOI Ecosystem
MOOI Network remains dedicated to its mission of creating an open and inclusive metaverse world that is accessible to users from all backgrounds. The listing of MOOI on MEXC is a significant milestone for the project, and MOOI Network looks forward to introducing more ways to grow and expand its ecosystem by offering users a convenient and user-friendly way to participate in MOOI Network’s vision through the listing of MOOI on MEXC Global.
Recent Updates
Recently, MOOI launched the ‘Space Flea Market’ collection, featuring game items from Pokecolo, one of the Cocone’s legendary avatar services. This collection has consistently ranked in the top-5 DappRadar NFT collectibles chart for over a month, attracting thousands of new users to the Web3 space. This success has propelled MOOI’s marketplace, Jellyme, into the top 10 during March-April 2023, further solidifying MOOI’s ability to attract and engage a growing community of users.
Further Plans
Currently, MOOI Network is actively preparing for Q2 with upcoming exchange listings, on-ramp features, and other product launches. Stay tuned for exciting updates as MOOI Network continues to expand its offerings. In the long run, MOOI aims to become a first-tier game-tailored ecosystem, attracting fun and high-quality services to join Web3 and build thriving play-and-own economies using MOOI Network.
About MOOI Network
MOOI Network is creating a sustainable metaverse world by onboarding metaverse, GameFi, dApps, and NFT projects in a seamless way, providing a crypto wallet, NFT marketplace, and swap all within its ecosystem. MOOI Network ensures bringing in projects that are high-quality and provides a seamless onboarding experience.
To learn more about MOOI visit:
Official website | NFT Marketplace- Jellyme | Medium | Discord | Twitter
Contact
Head of Business Planning
Oleg Smagin
POST VOYAGER
[email protected]
Coinbase, a leading cryptocurrency exchange, has obtained a license to operate in Bermuda and is reportedly planning to launch an offshore exchange platform. This strategic move signifies the company’s ongoing efforts to expand its global reach and tap into new markets.
By securing the Bermuda license, Coinbase will be able to offer a wider range of financial services to customers in the region. The move also highlights the growing acceptance of cryptocurrencies and digital asset trading platforms by regulatory authorities in various jurisdictions.
The planned offshore exchange platform is expected to provide Coinbase users with an array of trading and investment options tailored to the specific needs and preferences of the Bermuda market. This expansion will further bolster the company’s position as a dominant player in the global cryptocurrency ecosystem.
In recent years, Bermuda has emerged as a hub for blockchain and fintech innovation, attracting several prominent companies to establish operations in the jurisdiction. The island’s supportive regulatory environment and commitment to fostering the growth of the digital asset industry have played a significant role in its rise as a prominent crypto destination.
The launch of Coinbase’s offshore exchange in Bermuda is anticipated to further enhance the region’s reputation as a blockchain and cryptocurrency haven. By providing local investors and traders with access to a secure and reliable platform for digital asset transactions, Coinbase’s presence in the market is expected to contribute to the growth and development of Bermuda’s burgeoning fintech ecosystem.
As Coinbase continues to expand its global footprint, the company’s entry into the Bermudian market signals its commitment to exploring new opportunities and establishing a strong presence in emerging crypto hotspots. This strategic move not only strengthens Coinbase’s position in the global market but also underscores the growing acceptance and adoption of cryptocurrencies worldwide.
New Jersey has emerged as a trailblazer in the online gambling industry, with recent reports highlighting a remarkable surge in internet gambling revenues. In a testament to the rapid growth of the sector, the state’s casinos and racetracks saw their online gambling revenues more than double in January compared to the previous year.
The increase in online gambling activity can be attributed to several factors, including the ongoing COVID-19 pandemic, which has prompted many individuals to seek alternative forms of entertainment as they spend more time at home. Additionally, the expansion of legalized online gambling options has played a significant role in drawing more players to the virtual tables.
New Jersey’s Division of Gaming Enforcement reported that the state’s internet gambling revenues reached a staggering $123.1 million in January, representing an impressive 119.6% increase from the same month last year. This growth is particularly noteworthy when compared to the modest 4.4% increase in overall gambling revenues, which includes both land-based and online operations.
The surge in online gambling revenues has been a boon for the state, providing a much-needed boost to the local economy in the form of taxes and licensing fees. As more players turn to internet gambling, New Jersey’s success in the sector is expected to serve as a catalyst for other states to consider expanding their own online gambling offerings.
While some challenges remain, such as ensuring responsible gaming practices and preventing underage gambling, New Jersey’s experience demonstrates the potential benefits of embracing and regulating the online gambling industry. With the state leading the way, the future looks bright for the continued growth and development of internet gambling across the United States.
Seattle, United States, April 19th, 2023, Chainwire
Space and Time and Microsoft announce that developers can now deploy the Space and Time data warehouse directly from the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. The one-click deployment provides customers with an accelerated on-ramp to easily access, manage and perform analytics on blockchain-native data.
As a leader in intelligent computing and AI, Microsoft is committed to supporting its customers and partners with their business needs, including Web3 scenarios and use cases. In September 2022, Microsoft’s venture capital fund, M12, led a funding round for Space and Time. The one-click deployment of Space and Time on the Azure Marketplace provides developers with a trustless intermediary to quickly and easily onboard large volumes of enterprise data to smart contracts, as well as new use cases for indexed blockchain data.
“At Microsoft, we are empowering growth across emerging markets—including blockchain and distributed data. Together, Microsoft Azure and Space and Time will provide developers with the tools they need to build the next generation of blockchain use cases,” said Kathleen Mitford, CVP of Global Industry Marketing.
The integration allows businesses to leverage the benefits of a decentralized data warehouse without rearchitecting their existing infrastructure, enabling enterprises to build on the blockchain without sacrificing compute power or security. The comprehensive Microsoft Azure cloud services and industry-leading identity and security capabilities provide a trusted set of services and tools to develop Web3 applications in this new era of ubiquitous computing.
Space and Time, a leader in Web3 data warehousing, joins real-time data indexed from major blockchains with customer-provided off-chain datasets. The Space and Time hybrid transactional and analytic (HTAP) data warehouse comes pre-loaded with real-time indexed blockchain data, provided for free.
The one-click deployment enables customers to easily integrate the Space and Time data warehouse with their existing enterprise infrastructure. Connecting blockchain data to Azure compute will generate new use cases for base-layer blockchains and developers of decentralized applications.
“The need for verifiable data across blockchains, enterprises and AI has never been more important. We provide enterprises with the ability to integrate blockchain data into their applications and business processes, which is critical for both customer growth and enabling responsible data stewards,” said Space and Time CEO and Co-Founder Nate Holiday. “We’re excited to extend our partnership with Microsoft to bridge enterprise data assets with blockchain and AI innovation.”
About Microsoft
Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more. https://www.microsoft.com/
About Space and Time
Space and Time is the first Web3-native decentralized data warehouse that joins tamperproof on-chain and off-chain data to deliver enterprise use cases to smart contracts. Space and Time has developed a novel cryptography called Proof of SQL℠ that allows developers to connect analytics directly to smart contracts, opening up a wealth of powerful new use cases and business logic on blockchain technology. Space and Time is built from the ground up as a multichain data platform for developers in financial services, gaming, DeFi, or any project requiring verifiable data across enterprise, blockchain and AI.
For more information, visit: Website | Twitter | Discord | Telegram | LinkedIn | YouTube
Contact
Spencer Reeves
[email protected]
In response to recent claims regarding a massive $10 million hack, MetaMask, a popular Ethereum wallet and browser extension, has firmly denied any vulnerability in its platform. The company asserts that its wallet infrastructure remains secure and has not been compromised.
The allegations surrounding the purported hack surfaced on social media and various online forums, with users claiming that a security breach in MetaMask’s wallet infrastructure led to the loss of millions of dollars’ worth of cryptocurrencies. However, MetaMask has quickly moved to address these concerns, emphasizing that the company’s security measures remain intact and that the reported hack did not result from any vulnerabilities within its platform.
In an official statement, MetaMask declared that its wallet service continues to provide a secure environment for users to store and manage their digital assets. The company further encouraged users to remain vigilant when it comes to their online security practices, reminding them of the importance of maintaining strong passwords, enabling two-factor authentication, and avoiding phishing scams.
As one of the most widely-used Ethereum wallets and browser extensions, MetaMask plays a crucial role in the blockchain and cryptocurrency ecosystem. With millions of users relying on its services for secure access to decentralized applications (dApps) and the management of their digital assets, the company has a vested interest in maintaining a high level of security and trust.
While the alleged $10 million hack has generated significant concern among the cryptocurrency community, MetaMask’s swift denial and reassurances regarding its platform’s security should help to alleviate some of these fears. As the investigation into the incident continues, users are advised to remain cautious and adhere to best practices when it comes to safeguarding their digital assets.
London, UK, April 19th, 2023, Chainwire
After selling out their $16.4m presale, Metacade is now set to list its token MCADE on the well-known centralised exchange BitMart, which boasts over 9 million users.
Metacade has seen strong momentum following numerous announcements and milestones. It sold out its huge $16.4m presale early, quickly followed by the 250m token 6-month staking pool selling out in under 5 hours. Furthermore, Metacade also announced a partnership with gaming company Metastudio, leading to a significant buzz amongst GameFi investors.
At the time of writing, the price of the Metacade (MCADE) token is $0.0173, with a diluted market cap of over $35m and an average daily trading volume of $500,000 since launch.
Russell Bennet, CEO of Metacade, commented:
“After listing on Uniswap, we saw sell orders being instantly filled on the buy side and minimal selling pressure, which in this climate is a sign that we have something truly special. This was reinforced by our staking pool selling out in 5 hours! With our upcoming exchange listings, I hope we will see the positive price appreciation that usually follows, and from there, the sky’s the limit!”
Following the listing on BitMart, Metacade has confirmed another top-tier exchange, MEXC, will be listing Metacade in early May. More exchanges are expected to be announced in the coming months.
Users can purchase Metacade tokens on Uniswap here.
About BitMart
Founded in 2018, BitMart is a centralised exchange that provides crypto asset trading and investment services to over 9 million users around the globe. The trading platform offers numerous features for its clients, including staking, lending, savings products, derivative contracts, and expanded spot trading options. For advanced crypto enthusiasts, BitMart provides futures trading and margin trading that allow them to use leverage.
About Metacade
Metacade is intended to be the premier destination for gaming in the metaverse. As Web3’s first community arcade that allows gamers to hang out, share gaming knowledge and play exclusive P2E games. The platform offers users multiple ways to generate income, build careers in Web3 and connect with the broader gaming community.
The project has the stamp of approval from CertiK, the leading blockchain auditor, which aims to reassure investors that the project specifications and code are reviewed, and the Metacade team has passed KYC. This puts Metacade on the same level of confidence as other CertiK projects, including Aave, Polygon and Chiliz.
Metacade’s one-stop shop potential as the next GameFi hub of choice for P2E gamers as well as a broad range of other use cases, is evidenced in the enthusiasm around the project and the success of the presale.
Website | Whitepaper | Socials
Contact
CEO
Russell Bennett
Metacade
[email protected]
In a significant milestone for the Ethereum network, the number of new staked Ether (ETH) has exceeded withdrawals for the first time since the implementation of the Shapella upgrade. This development highlights the growing confidence among Ethereum users in the network’s transition to Ethereum 2.0 and its Proof of Stake (PoS) consensus mechanism.
The Shapella upgrade, which was introduced to improve the overall efficiency and scalability of the Ethereum network, has generated considerable interest in ETH staking. As a result, more users are now choosing to stake their ETH tokens to support the network’s security and earn rewards. This influx of stakers has led to a situation where new staked ETH outnumbers withdrawals, signaling a positive trend for Ethereum’s long-term growth and stability.
A key factor contributing to this shift in staking behavior is the enhanced rewards structure for Ethereum stakers following the Shapella upgrade. With the new system, stakers are incentivized to hold onto their staked ETH for longer periods, as doing so allows them to earn higher rewards. This change has encouraged more users to participate in the staking process, providing the network with a stronger foundation for future growth.
The increase in staked ETH also reflects the optimism surrounding Ethereum’s ongoing transition to Ethereum 2.0, which aims to address the network’s scalability and environmental concerns. By moving from the current energy-intensive Proof of Work (PoW) consensus mechanism to a more sustainable PoS model, Ethereum 2.0 seeks to ensure that the network remains competitive and attractive to users, developers, and investors alike.
As Ethereum continues to evolve and adapt to the demands of the rapidly-growing blockchain and cryptocurrency sectors, the recent surge in staked ETH serves as an indicator of the network’s potential for long-term success. With the Shapella upgrade bolstering the staking ecosystem and Ethereum 2.0 on the horizon, the Ethereum community can look forward to a more secure, efficient, and environmentally-friendly future.
Core DAO, a leading decentralized autonomous organization, has announced a groundbreaking partnership with Bitget, a top global cryptocurrency derivatives exchange, and MEXC, a prominent digital asset trading platform. Together, the trio aims to establish a $200 million ecosystem fund dedicated to driving innovation and growth within the blockchain and cryptocurrency sectors.
The ambitious project is a testament to the commitment of these three industry powerhouses to foster collaboration, encourage the development of novel decentralized applications (dApps), and cultivate a robust decentralized finance (DeFi) ecosystem. The fund will allocate resources to support projects with high potential, providing crucial financial backing to blockchain startups and developers.
Core DAO’s partnership with Bitget and MEXC is expected to create a synergy that will greatly benefit the entire crypto community. By leveraging their respective strengths and expertise, the collaborating parties will be well-equipped to identify and invest in projects that possess the potential to redefine the future of the blockchain industry.
The $200 million fund is set to bolster the growth of innovative technologies, with a focus on DeFi, non-fungible tokens (NFTs), gaming, and metaverse projects. The collaboration aims to empower projects that exhibit strong potential, sustainability, and growth prospects, while also offering support to developers and startups that may have otherwise faced barriers to entry in the highly competitive crypto industry.
As part of the initiative, the ecosystem fund will also be instrumental in promoting research and development, driving the adoption of blockchain technology, and providing technical guidance and assistance to projects. Through these efforts, the partnership aims to advance the adoption of decentralized technology and contribute to a more inclusive and vibrant crypto ecosystem.
This strategic alliance between Core DAO, Bitget, and MEXC signifies a major step forward for the blockchain and cryptocurrency sectors. By pooling their resources, expertise, and industry knowledge, these organizations are set to pave the way for a new era of innovation and growth in the rapidly-evolving world of decentralized technology.
The Quantum Resistant Ledger (QRL) is investing significantly in applications and resources that can withstand the imminent threat of quantum computing advancements. Today, the QRL announced a grant to the Quantum Resistance Corporation (QRC) to provide a community security program for other QRL grantees, which are using the distributed network and post-quantum secure blockchain technology to securely build Layer2 applications and protocols.
The QRL is the only blockchain that utilizes a signature scheme approved by the United States National Institute of Science and Technology (NIST) as being post-quantum secure.
The focus of the QRC grant project announced today includes a partnership with threat intelligence firm RedSense, to provide service for other QRL grantees. These services currently include netflow-based security for the distributed QRL environment, a community security program for QRL grant groups, and monitoring and security for all core QRL infrastructure. In time QRC will support the marketing and promotion of projects that result from QRL’s work to grow the community of post-quantum secure developers and the offering of future-proof digital solutions. Early projects likely to receive funding include groups running computer systems for mining and building Layer 2 protocols with the QRL, which can opt into the security services and other support offered by QRC.
“We are on the brink of the greatest shift in cryptography technology since the invention of the computer. Yet as this monumental shift is happening, the world is largely unaware,” said Dr. Iain Wood. “That’s why the QRL community is committed to supporting the top post-quantum secure distributed network and blockchain and empowering our community members to use the QRL technology to advance solutions for post-quantum secure environments.”
Grants are available to those interested in building Layer 2 post-quantum secure applications. The goal of the QRL grant program is to generate projects in support of the QRL ecosystem in the areas of open source tools, education, open source infrastructure, post-quantum research, community, and public goods. The grant program is an opportunity to get involved with a cutting-edge open source project and build on the QRL to power the post-quantum secure smart contract platform. The goal is to grow the nascent post-quantum web3 ecosystem together as a community.
More about the QRL grant program including how to apply is here.
The QRC is the recipient of a $500,000 initial grant investment to encourage the use of the distributed QRL platform, community building, and security.
About the Quantum Resistance Corporation
The QRC are experts in quantum computing and post-quantum security. The QRC works collaboratively to manage the growing risk of post-quantum cryptography and grow the community of post-quantum secure developers. Learn more at https://www.theqrc.com/
About the Quantum Resistant Ledger
The QRL is a distributed blockchain network and future-proof digital currency that utilizes a signature scheme recognized by the United States National Institute of Science and Technology (NIST) as being secure from post-quantum threats. Learn more at https://www.theqrl.org/
About RedSense
RedSense is a threat intelligence firm that offers 360-degree visibility with internet-wide visibility through netflow analysis and human intelligence. RedSense offers clients actionable insights to secure infrastructure from the inside out and stay steps ahead of the adversary. Learn more at https://redsense.com/
Bittrex, a leading cryptocurrency exchange in the United States, might soon face regulatory scrutiny from the Securities and Exchange Commission (SEC), as per recent reports.
Sources familiar with the matter have revealed that the SEC is currently evaluating Bittrex’s compliance with federal securities laws. The exchange, which has been a significant player in the crypto space since its establishment in 2014, could potentially face enforcement action if found in violation of these regulations.
The SEC has been stepping up its efforts to regulate the cryptocurrency industry in recent years, with a particular focus on Initial Coin Offerings (ICOs) and digital asset exchanges. Bittrex is one of many platforms that have attracted the attention of the regulatory body as it seeks to ensure investor protection and maintain market integrity.
Although no official comment has been made by the SEC or Bittrex regarding the potential investigation, the news highlights the increasing regulatory pressure on the cryptocurrency industry. This development comes amid a broader crackdown on illicit activities and compliance issues in the digital asset space.
In response to the evolving regulatory landscape, many cryptocurrency exchanges have taken proactive measures to enhance their compliance systems and adhere to relevant laws. The outcome of the SEC’s examination of Bittrex could serve as a bellwether for other exchanges, providing valuable insights into the regulatory expectations for the industry.
As the situation develops, stakeholders in the cryptocurrency sector will be watching closely to see how the SEC’s potential action against Bittrex unfolds and the impact it may have on the industry as a whole.