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Dubai, India, December 18th, 2024, Chainwire Sophon has launched its mainnet, introducing the first-ever Validium on ZKsync powered by Avail DA . With over $500M in Total Value Locked (TVL) through the Sophon farming program , and a growing ecosystem of established partners, Sophon is paving the way for scalable, consumer-focused blockchain applications. The launch comes with significant community support: over 120,000 node licenses purchased by more than 5,800 unique participants are now open for claiming. The SOPH token deploys today in a non-transferable state, with all transactions free for users during this initial phase. Node holders will begin getting rewards from January 1st, with full token transferability and trading expected in Q1 2025. Launch Partners Driving Adoption Sophon’s consumer-first approach focuses on delivering user experiences that encourage mainstream crypto engagement. Debuting with industry leaders selected for their ability to bring blockchain benefits...

Victoria, Seychelles, December 24th, 2024, Chainwire Bitget , the leading cryptocurrency exchange and Web3 company, has announced the start of pre-market trading for Vertus (VERT), offering traders an exclusive opportunity to engage with the asset before its formal listing for spot trading. The pre-market phase has commenced providing early access to VERT tokens. The pre-market trading feature on Bitget facilitates a unique environment for price discovery and liquidity optimization. This structure allows buyers and sellers to negotiate pricing agreements ahead of public trading. Additionally, sellers can participate in transactions even without possessing the tokens at the time of the agreement, provided they fulfill their obligations prior to delivery. This innovative approach enhances flexibility and creates strategic opportunities for traders seeking to optimize their positions before an asset’s wider availability. The upcoming addition of Vertus (VERT) to the pre-market lineup...

With many looking for the next great altcoin for exponential returns, cryptocurrencies remain attractive to investors. Inspired by Elon Musk's ambition, an artificial intelligence-driven market analysis tool called Grok AI has highlighted six interesting cryptocurrencies this week. These coins display original use cases, expand ecosystems, and follow the trend of investor interest. Rexas Finance (RXS) stands with its solid foundations and recent success. Let's explore the reasons these six cryptocurrencies are worth your attention. Rexas Finance (RXS) With its emphasis on real-world asset (RWA) tokenizing, Rexas Finance has rapidly become a major rival in the crypto scene. The platform opens investment prospects to a worldwide audience by allowing the fractionalization of actual assets, including real estate and commodities. Rexas is in Stage 10 of their presale; one RXS costs $0.150. With 93.59% of the stage finished, the presale already generated an amazing $29.47 milli...

London, United Kingdom, December 23rd, 2024, Chainwire Dawgz AI , a blockchain-based project offering a unique AI-powered meme coin, has raised over $500 thousand of its initial $960 thousand presale goal. This milestone demonstrates investors' confidence and Dawgz AI's growing presence and influence in the meme coin industry. Built on the Ethereum blockchain, Dawgz AI combines innovative technology with an engaged community, positioning it as a unique entrant in the meme coin market. Dawgz AI and Its AI-Powered Approach Dawgz AI aims to be more than just a meme coin. It represents the combination of blockchain technology and AI-powered trading algorithms. Dawgz AI's primary goal is to offer opportunities for users to gain rewards for investors through its Blackbox AI technology. This technology allows its participants to benefit from AI-driven returns without the need for active or even passive trading. Moreover, the Dawgz AI team aims to reduce risk and enhance profit pot...

Singapore, Singapore, December 19th, 2024, Chainwire Succinct alliance establishes Mantle Network as highest-TVL ZK validity rollup Mantle Network , an Ethereum layer 2 (L2) known for its modular design and being the first adopter of EigenLayer’s EigenDA, today announced its architectural transition to a zero-knowledge (ZK) validity rollup through an industry-first alliance with Succinct . Combining its modular architecture, data availability solutions through EigenDA, and now zero-knowledge proofs via SP1, Mantle Network embarks on creating the liquidity chain for institutional-grade settlement and value transfer in the crypto ecosystem.  Since Mantle Network’s mainnet launch on July 7, 2023, the burgeoning on-chain ecosystem has grown to become a top 5 L2 by total value locked (TVL) with $2.2 billion and counting. The network has processed 175 million on-chain transactions, seen 1.4 million smart contracts deployed, connected to 10 million unique wallet addresses...

Introduction In recent years, blockchain technology and decentralized finance (DeFi) have changed the financial industry landscape. DeFi lending is one of the most revolutionary innovations of DeFi which is a way of borrowing and lending money for individuals and businesses. DeFi usually builds on some architecture of blockchain companies in this format. Now, in this article, we shall study how DeFi lending platforms are shaking up the traditional finance sector and what does it for prospective borrowers and lenders. Understanding DeFi Lending A  DeFi lending  protocol is a protocol that allows users to lend or borrow cryptocurrencies without intermediaries like banks or financial institutions. Decentralized exchanges are a new breed of exchanges that use blockchain technology and smart contracts for secure and trustless transactions. Some of the main features of DeFi lending are: Smart Contracts:  Automated agreements that perform the lending and borrowing co...

Dubai, United Arab Emirates, December 20th, 2024, Chainwire In a significant move, Binance Futures, the leading cryptocurrency derivatives exchange platform, today announced the launch of its CGPT/USDT Perpetual Contract. This latest addition expands the platform's trading offerings while highlighting the growing prominence of AI-focused cryptocurrencies in the digital asset ecosystem. The new perpetual contract introduces advanced trading capabilities for ChainGPT token (CGPT), offering traders leverage of up to 75x with USDT as the settlement asset. This addition to Binance Futures' suite of products demonstrates the platform's commitment to providing diverse trading opportunities while meeting the evolving demands of cryptocurrency traders. Commenting on this, Ilan Rakhmanov, Founder of ChainGPT and CEO of ChainGPT Software said, “The listing of CGPT on Binance Futures is a testament to the token’s utility and importance in the Web3 space. It offers our community anothe...

The resurgence of "dino coins" such as XRP, Cardano, and Tron, which have experienced incredible increases in recent weeks, is driving the cryptocurrency market. While their rallies have dominated headlines, investors are now looking for the next wave of projects to capitalize on the bullish momentum. Among the most promising is Rexas Finance, a trailblazing platform well-positioned to hit the market and profit massively in the next few weeks. The Rally of Dino Coins After months of under-the-radar performances, older altcoins with a cult-like following, such as "dino coins," have recently resurfaced in the crypto sector. XRP is leading the charge; it has risen shockingly 450% in one month. Rising to the third-biggest cryptocurrency, it exceeded Solana and Tether with a $100 billion market capitalization boost. Regulatory certainty and more institutional use have been mostly credited for Ripple's fantastic jump. Similarly, Cardano (ADA) increased by 145%, ...

London, UK, December 19th, 2024, Chainwire Harbour , in partnership with Velocity Labs , announces the launch of their stablecoin payment system “Magic Ramp”, connecting SEPA Instant payment rails with Polkadot. This collaboration seamlessly integrates TradFi banking systems into Web3, providing efficient, low-cost payment solutions. Magic Ramp allows Euros to be sent from any bank account and received as USDC on-chain in less than 30 seconds, with minimal fees while funds held in Web3 wallets can be received as Euros in bank accounts with the same speed. For the first six weeks following the launch, these bank-to-on-chain transactions will be available at no cost. Through this partnership, developers can now issue virtual IBANs that are linked to Polkadot wallet addresses and bridge SEPA Instant payment rails in Europe with the Polkadot Asset Hub. James Brownlee, CEO of Harbour, shared, “Polkadot’s infrastructure enables instant, low-cost stablecoin transfers, w...

SAN FRANCISCO, United States, December 18th, 2024, Chainwire Pepeto: The God of Frogs with Utility and a Vision Unlike other memecoins' trading-centric approach,  Pepeto  offers a comprehensive utility-driven ecosystem. Pepeto, known as the God of Frogs, aims to adopt all future memecoins and elevate the sector through its zero-fee cross-chain exchange and bridge technology. Pepeto’s Ecosystem Highlights: Zero-Fee Exchange:  A listing platform for emerging and established memecoins, ensuring cost-free trading for token owners and investors. Cross-Chain Bridge:  Seamless token swaps between blockchains, improving liquidity, accessibility, and collaboration across the entire crypto market. Staking Rewards:  Investors can earn additional rewards by staking $PEPETO, incentivizing long-term holding. At just  $0.000000098 , Pepeto offers an entry point that remains lower than many competing memecoins, including WEPE. With its n...

Singapore, Singapore, December 18th, 2024, Chainwire NFTMozaic , the newest project to hit the Polkadot ecosystem, has been awarded a Decentralized Futures Grant by the Web3 Foundation to establish Polkadot as the leading ecosystem for NFT-related projects and initiatives. What is NFTMozaic? NFTMozaic aims to redefine the NFT landscape by aligning and defining one common vision of success for NFTs in the Polkadot ecosystem. With the support of a Decentralized Futures grant, NFTMozaic will play a pivotal role in driving NFT growth and adoption across the Polkadot network, ultimately becoming the go-to Polkadot NFT alliance hub for projects.  NFTMozaic will focus on four strategic pillars: Governance, Technical Development, Business Development, and Marketing initiatives. Unique Network, the first NFT parachain on Polkadot since 2021, is the core initiator of NFTMozaic, aiming to expand opportunities, drive NFT innovation, and work towards a path to decentralization.  Since i...

Kingstown, St. Vincent and the Grenadines, December 17th, 2024, Chainwire MINGO , a digital wallet built on the Hedera Hashgraph network, introduces an NFT-based Programmable Digital Ticketing (PDT) system to innovate the ticketing industry. By addressing critical issues such as fraud, scalping, and resale inefficiencies, MINGO delivers a secure and transparent solution trusted by leading names in sports and entertainment. MINGO’s native token $MINGO is set to go live on Coinstore on Wednesday, December 18th, and more exchanges including BitMart by the end of the year, marking another milestone in MINGO's mission to drive Web3 adoption. Trusted by Industry Leaders World Boxing Council (WBC) Fight Circus NUCA MMA Comic-Con Ireland Tyson Fury Goldstar Promotions Hedera World Boxing Muay Thai - (WBC Muay Thai ) Yucateco Boxing League These collaborations highlight MINGO’s scalability for large-scale events while enhancing the experience for both organizers and fans. Key Feature...

Athens, Greece, December 17th, 2024, Chainwire AI18+ , a new token incorporating AI innovation with a deflationary strategy, is preparing to launch on PancakeSwap on December 19, 15:00 UTC / 10:00 EST / 17:00 EET . AI18+ aims to redefine the creators' economy by integrating blockchain technology with a comprehensive next-generation platform. AI18+ Helps Individuals Join the Industry Anonymously At the core of the ecosystem is the Modeland platform, which enables individuals of all backgrounds to publish content anonymously. With the advanced "AI Face Swap" feature for videos and photos, creators who may have previously felt too shy to engage in such work can earn without the fear of being recognized. Modeland will soon launch a watch-to-earn model, enabling users to earn tokens by watching community-generated content while compensating creators for their contributions. Users can also create private profiles that can be unlocked for free or at a monthly fee. With the motto...

Victoria, Seychelles, December 17th, 2024, Chainwire Bitget , the leading cryptocurrency exchange and Web3 company, has listed Vana (VANA) in its Innovation, AI and Web3 Zone. Trading for the VANA/USDT pair has started, with deposits and withdrawals available. Vana is an EVM-compatible Layer 1 blockchain designed to enable user-owned AI. It turns human data as a new onchain asset class, empowering users securely own, govern, and monetize their data from the AI models they contribute to. For developers and researchers, Vana provides access to high-quality, user-owned datasets which can be used to build better AI models. The VANA token ($VANA), the native currency powering the VANA ecosystem, is central to network operations and user participation incentivization. By tokenizing data with VANA, users can trade or rent their data as an asset, and gain more diverse sources of income and investment opportunities by participating in Data Liquidity Pools or Data DAOs. Vana signals the emergenc...