Analysis Crypto by Thebittimes.Com

Key Opportunities in DeFi: Financial Inclusion and Reduced Costs! Decentralized Finance (DeFi) is revolutionizing the financial landscape by leveraging blockchain technology to create an open, permissionless, and transparent financial ecosystem. Among its numerous benefits, two key opportunities stand out: financial inclusion and reduced costs. This article explores how DeFi is making significant strides in these areas, offering unprecedented access and affordability to financial services. Financial Inclusion: Bridging the Gap One of the most compelling promises of DeFi is its potential to enhance financial inclusion. Traditional banking systems have long excluded large segments of the global population, particularly in developing regions. According to the World Bank, around 1.7 billion adults worldwide remain unbanked, lacking access to essential financial services. DeFi offers a solution by providing a decentralized alternative that is accessible to anyone with an internet connection...

CodeXchain and RWA Inc. have joined forces in a strategic partnership set to reshape the blockchain landscape. This collaboration marks a significant step towards making digital assets more accessible and streamlining the process of tokenizing real-world assets. CodeXchain’s cutting-edge AI technology is key to this partnership. By integrating AI, they aim to simplify asset tokenization and eliminate the need for complex coding or extensive technical knowledge. This tackles a major hurdle to widespread adoption: the technical challenges that come with tokenization. RWA Inc. shares the vision of democratizing access to digital assets and making tokenization the standard. To achieve this, they partner with industry leaders to expand their platform’s capabilities and reach. The impact of AI on tokenization is expected to be significant. By simplifying the process and reducing technical barriers, this partnership between CodeXchain and RWA Inc. opens doors for asset owners, inve...

  1 billion $PURSE Ecosystem Pool has been launched by Pundi X to build DePIN Infrastructure. Pundi X Announces the $PURSE Ecosystem Pool, a Bold Initiative to Empower and Reward Its Community The Pundi X ecosystem is excited to declare the $PURSE Ecosystem Pool, valued at one billion dollars, as a strategic initiative to bolster its community, accelerate the growth of the XPOS crypto payment and exchange ecosystem, and promote the expansion of the Decentralized Physical Infrastructure Network (DePIN). The ecosystem award distribution will be achieved in 4 phases as follows: Empowering Transactions  In Phase 1, 100 million $PURSE tokens incentivize existing p(x)Card holders and task achievers, fostering increased crypto transactions via XPOS and user engagement. Expanding Participation Phase 2 allocates 200 million $PURSE tokens to Club PURSE members, blockchain wallet users, XPOS merchants, and new p(x)Card holders, cultivating a diverse ecosystem. Club PURSE: A Decentralized Market...

Rango Exchange partners with Braavos, the next generation of wallets made for an intuitive and safe start in crypto. Rango’s integration of Braavos Wallet improves the user experience for swaps and bridges within the Starknet ecosystem. Exploring Braavos Wallet: A Secure and User-Friendly Smart Contract Wallet Take a closer look at what Braavos Wallet has to offer. It’s not just any ordinary wallet. Rather, it’s a smart contract wallet that delivers both security and ease of use when accessing Starknet and other Dapps. Starknet , on the other hand, is a decentralized layer-2 network that revolutionizes Ethereum by enabling secure scaling while giving Dapps the freedom to scale transactions and computation infinitely. Why Braavos Wallet is the Smart Choice for Secure Transactions on Starknet Braavos Wallet is a standout option for those looking for smart contract accounts with advanced functionalities. Among its many Features are multi-call capabilities, hardware signe...

Bitget launches on ZetaChain, the layer 1 blockchain and developer platform that connects any L1 and L2, from Ethereum to Bitcoin and beyond. Bitget Wallet has launched Task2Get, a novel platform on ZetaChain. This marks our second incentivized Zeta App partner campaign after the ongoing OKX Cryptopedia. ZetaChain’s New Partnership with Bitget Wallet Brings Rewards to Millions ZetaChain aims to be the first public EVM-compatible L1 blockchain that connects everything. Bitget Wallet’s integration is now available, and ZetaChain is the debut launch partner for Bitget Wallet’s new Task2Get platform. The partnership offers a chance for the 12 million users of Bitget Wallet to interact with new ZetaChain dApps, with the added benefit of winning rewards. ZetaChain’s Ongoing Efforts to Support Ecosystem Partners Ahead of Mainnet Launch With over 150 dApps on testnet, ZetaChain is committed to preparing its ecosystem partners for the mainnet launch. To this end, they...

High-Frequency DeFi Ecosystem on opBNB, involves executing a large number of transactions at extremely high speeds.  DeFi platforms on BNB Smart Chain (BSC) are becoming more sophisticated, and the ecosystem has expanded to include various financial instruments, including stablecoins, decentralized exchanges (DEXs), yield farming, liquidity, derivatives, and more. As High-Frequency DeFi Ecosystem on opBNB launches. This report aims to highlight the critical opportunities and challenges present in high-frequency DeFi, while also outlining the potential future path of opBNB from these key perspectives: An analysis of the current state of high-frequency DeFi. DeFi opportunities on opBNB. The readiness of the opBNB infrastructure to support high-frequency DeFi. What is High-Frequency DeFi? High-frequency DeFi parallels High-frequency Trading (HFT) which involves executing a large number of transactions at extremely high speeds. This strategy contributes to creating liquidity and minimizes ...

Gafin Partnership with Thetan Arena, an eSports game developed with the blockchain technology, which you can form a team with your friends to join battles and start earning with your skills. Thetan Arena – The 1st MOBA Web3 eSports game empowered by blockchain technology. Their mutual mission drives them to push the boundaries of what’s possible in the gaming world. With exciting gameplay mechanics, stunning visual, engaging storyline of Thetan Arena, GaFin can introduce to energetic communities of 100k+ members and expand exposure across the world. They’ll set new standards for gaming excellence and bring joy to millions of gamers worldwide. Big untold secret:  A tournament organized by GaFin and Thetan is coming! Stay tuned for upcoming announcements as they embark on this extraordinary journey together. ­ About Thetan Arena The Best Mobile Game 2022 – GAM3 Awards, Thetan Arena is an esports game based on Blockchain technology. Thetan Arena’s gameplay is ...

Nabox partners with OGzClub and support OGz to land on multi-chains. With the underlying support from Nerve Network, SwapBox, a product of Nabox, has now officially assisted OGz assets to migrate from Ethereum to BNB Chain. Nabox is thrilled to be a part of the OGz Club ecosystem, providing reliable cross-chain services to users from the OGz Club community. Here’s how to use SwapBox to perform a cross-chain transaction for your OGz assets. SwapBox is compatible with many web3 wallets. How to Bridge OGz assets on SwapBox Connet your wallet to  SwapBox .  You can use MetaMask, Nabox Wallet, Trust Wallet, etc. Go to the “Swap” function after connecting your wallet.  Select networks. A) Select your target network for this transaction. Currently, SwapBox supports OGz on Ethereum and BNB Chain B) Enter the address you want to receive your OGz tokens C) Select “Approve” Confirm the transaction. Congratulations! You should be able to receive your assets on the other side w...

Secondlive Creator Carnival II, bringing you thrilling gameplay upgrades and exclusive airdrops that you won’t want to miss out on! Ⅰ. Airdrops for Creators We will reserve corresponding $LIVE airdrop allocations for all early Creators. Specific snapshot timing, airdrop ratios, and distribution details will be announced at an appropriate time. As Secondlive Launches Creator Carnival II, Ⅱ. Unleash Your Creativity with New Gameplay They’re taking the SecondLive Creator Carnival to a whole new level! They will introduce the Best Design Award each week. Up to 5 works will be selected as winners, and they will receive one Best Design Award OAT each. Each Creator can only win one of these OAT awards per week. Creators who hold more than 10 Best Design Award OATs will be eligible for the Outstanding Designer OAT, and those who hold more than 20 Best Design Award OATs will be eligible for the Top Designer OAT. If you missed out on the first round of the Creator Carnival, don’t fret! It’s not...

The partnership will bring increased liquidity, trading volume, and new trading pairs to the recently launched Proton DEX, solidifying their vision of establishing Proton DEX as the largest decentralized trading engine in the industry. As a company, Metallicus is dedicated to building the world’s most customer-centric digital asset banking network, offering secure, regulated, and sustainable blockchain-based solutions for retail and corporate clients. Their commitment to compliance and regulation, combined with Kairon Labs ’ expertise, makes them the perfect partner for their mission. Kairon Labs, with their extensive network of exchanges, investors, and service providers, has a proven track record of providing world-class liquidity services to digital asset issuers. About Proton DEX Proton DEX is a decentralized exchange that allows users to trade cryptocurrencies without intermediaries. The platform offers an order book, different types of orders, and trading view chart integration....

DIA partners with Orbiter One a decentralized peer-2-peer lending and borrowing platform focused on cross-chain interoperability.  Orbiter One has officially integrated DIA’s transparent price oracle to list 10+ tokens and LSDs in its cross-chain, peer-to-peer lending protocol on Moonbeam. Being deployed on the Polkadot parachains Moonriver and Moonbeam, Orbiter One user can use the power of cross-chain EVM compatibility to get the most out of their lending experience. Orbiter One is in the process of being audited, the results of which will be published shortly after launch. At launch, Orbiter One users are able to use over 14 assets for lending and borrowing on the Moonriver blockchain. All of which DIA will provide the pricing oracles. Special attention is given to Liquid Staking Derivatives (LSD). It plays a significant role in the Orbiter One ecosystem. It enables their users the total liquidity over their liquid-staked assets. DIA is thrilled to announce a new collaboration with...

Since its mainnet beta launch in May 2021, Arbitrum One has seen explosive growth as a leading Layer-2 blockchain on Ethereum, enhancing smart contracts and the DeFi space by optimizing transaction speed and scalability with reduced transaction gas costs. Active Ethereum DeFi users have migrated onto Arbitrum, as have many different projects. As more projects come onto Arbitrum, many will be newer projects demonstrating long-tail market landscapes. OpenLeverage and Arbitrum communities have greatly anticipated this deployment to materialize opportunities within the long-tail market. As the leading Ethereum rollup, Arbitrum has over $2.9B in TVL and is optimal for DeFi adoption but lacks a truly permissionless lending and margin trading protocol. Deploying OpenLeverage on Arbitrum would fill this void and mutually benefit both communities. OpenLeverage is the best protocol to support the long-tail market with upcoming or trending tokens with its permissionless margin trading and lend...

Seedify Partnership with BNBChain, the largest Web3 community, to bring numerous growth opportunities to Seedify incubated projects. Both teams will work closely to provide multiple initiatives put together by both parties as part of their collaborative effort to unify the Web3 gaming ecosystem. As Seedify announced its partnership with BNBChain. BNB Chain Ecosystem Support BNB Chain is much more than a distributed ledger; they also provide many areas of support from highly skilled teams in various areas of the industry. Here are some of the forms of support BNB Chain provides: Builder Grants  — Grants up to $50k are provided to empower builders to grow on BNB Chain. Growth Incentive Programs  — Support for projects to help grow at various stages, including user acquisition and increasing daily active users. Trailblazer Programs  — An accelerator program held between BNB Chain and Binance Labs, aimed at helping projects develop and grow more organically through coaching, investment, an...

Bitkeep Officially Connected to WalletConnect, the BitKeep mobile terminal is now compatible with WalletConnect 1.0 and 2.0 versions The Web 3.0 communication protocol WalletConnect has connected to the multi-chain wallet BitKeep, regarding BitKeep as a vital part of the “Wallet + DApp” ecosystem. Users can smoothly experience BitKeep wallet with WalletConnect by scanning the QR code on browsers or jumping to the APP through Deep Link to safely interact with all integrated DApps. As Bitkeep Officially Connected to WalletConnect. The BitKeep mobile terminal is now compatible with WalletConnect 1.0 and 2.0 versions. The implemented functions include the following: Available for multi-chains such as EVM and Solana DApp can initiate multi-chain connection requests at the same time Reconnect when disconnected The product optimizations of WalletConnect 2.0 are compatible with BitKeep wallet: Multi-chain Support – WalletConnect 2.0 adds availability for Cosmos, Polkadot, Solana, and Near...

AstridDAO released the next version of the protocol with incorporated stable AMM, underlying protocol. To put it simply, AMM is an underlying protocol that fuels decentralized exchanges by connecting users and crypto assets. However, the standard AMM employed on many DEXs will cause high slippage on swaps, especially when we are exchanging the same-valued assets on DEXs, say stablecoins. They should always expect a near 1:1 value of exchanged tokens . However, practically, the ratio is a bit higher due to the swapping fees. Therefore, they are going to release the Stable AMM protocol to AstridDAO shortly to protect users’ funds. What are the benefits of Stable AMM? With the stable AMM being equipped, their users do not have to worry about unnecessary trading losses when swapping various stablecoins within the Polkadot ecosystem. Though we only accept BAI in the stability pool, they will upgrade and consider accepting other stablecoins, such as DAI, USDC, BUSD, etc. Overall, there is ...

Tom N Toms Coffee — a coffeehouse chain based in South Korea with over 400 branches in 9 countries — is integrating Chainlink Price Feeds on Polygon mainnet into its NFT marketplace HEYST. By integrating the industry-leading decentralized oracle network, Tom N Toms Coffee has access to high-quality, tamper-proof price feeds needed to help calculate prices in HEYST. This will provide our users with stronger assurances that the prices in our NFT marketplace are calculated using high-quality price data. About Chainlink Chainlink is the industry-standard Web3 services platform that has enabled trillions of dollars in transaction volume across DeFi, insurance, gaming, NFTs, and other major industries. As the leading decentralized oracle network, Chainlink enables developers to build feature-rich Web3 applications with seamless access to real-world data and off-chain computation across any blockchain and provides global enterprises with a universal gateway to all blockchains. About Tom N Tom...

Multichain Integrates NEAR Protocol, so developers can interact with NEAR seamlessly and freely with 0% cross-chain fee charged. This integration enables USDT, USDC, wBTC, among others, to be bridged between NEAR and 15+ chain s, including Ethereum, Polygon, BNB, Arbitrum, and Avalanche, among others. The combined initial liquidity between NEAR side and EVM chain s side is currently over $30M, with around 21M USDC, 9.5M USDT, and $200k wBTC. The USDT deployed on NEAR is the native USDT issued by Tether and the USDC deployed is the Rainbow bridge version of USDC. Additionally, the $NEAR token can be transferred between NEAR Protocol and Ethereum. The token addresses on NEAR Protocol are the following: USDC : a0b86991c6218b36c1d19d4a2e9eb0ce3606eb48.factory.bridge.near USDT : usdt.tether-token.near NEAR : mpc-multichain.near wBTC : 2260fac5e5542a773aa44fbcfedf7c193bc2c599.factory.bridge.near AURORA : aaaaaa20d9e0e2461697782ef11675f668207961.factory.bridge.near WOO : 4691937a7508860f87...

Chainlink has been integrated into permissionless network of Oracles and Relayers which secure cross-chain messaging across LayerZero. Before LayerZero, the Web3 industry was fragmented across a vast set of disparate blockchains. Applications were launched as single-chain and developers were forced to choose a popular, existing blockchain. Or take a gamble on the future success of an up-and-coming blockchain. With the advent of LayerZero, applications can finally be built everywhere. Utilizing each chain’s best Features , and ushering in a new era of applications: Omnichain dApps. LayerZero Integrates Chainlink Oracles LayerZero achieves best-in-class messaging security with its non-upgradeable, permissionless smart contracts that perform on-chain validation of all messages. The protocol achieves this by utilizing an on-chain Ultra Light Node. An oracle entity is responsible for delivering a block header. And an independent relayer entity is accountable for submitting a transaction pro...

Chainge integrates Bitcoin.com’s Verse DEX, so users access to more liquidity distributed across USDT, USDC and BTC trading pairs. On the quest to provide our 400,000 users with the highest liquidity and absolute best prices, the Chainge cross-chain liquidity aggregator integrates Bitcoin.com’s Verse DEX. “DeFi is now more important than ever. Chainge aggregating liquidity from Bitcoin.com’s VERSE DEX is another step towards achieving mass decentralization which provides a much needed layer of security and transparency so that crypto users can rest assured the assets they operate are their OWN at all times while benefiting from top liquidity” — DJ Qian, Chainge Finance Founder & CEO “The integration of Bitcoin.com’s VERSE DEX into Chainge’s aggregator is a logical step in the direction of providing users a safe, unified experience toward engaging with self-custodial products” — Dennis Jarvis , Bitcoin.com CEO In a nutshell, the Chainge / Bitcoin.com — Verse DEX collaboration gives ...

KyberSwap x Lido Finance bringing the best wstETH liquidity to Ethereum Mainnet At a time when the market needs it most; liquid staking giant Lido Finance has partnered with KyberSwap, a leading next-gen DEX, to enhance wstETH liquidity on Ethereum. Their ongoing Lido wstETH and stMATIC campaigns on Polygon, Arbitrum and Optimism have yielded excellent results with over $8.2 million in TVL across all pools. And now, Lido Finance and KyberSwap are advancing their partnership together to bolster the Ethereum ecosystem with more diverse wstETH liquidity. About Kyber Network Kyber Network is building a world where any token is usable anywhere. KyberSwap.com , their flagship Decentralized Exchange (DEX) aggregator and liquidity platform, provides the best rates for traders in DeFi and maximizes returns for liquidity providers. KyberSwap powers 100+ integrated projects and has facilitated over US$10 billion worth of transactions for thousands of users since its inception. Currently deployed ...