History has shown that collaboration is a powerful driver of digital innovation, propelled by the exchange of knowledge between scientists and engineers. Indeed, instrumental to the birth of the Internet was the collaboration between Bob Kahn and Vint Cerf in the 1970s, which enabled communication between computers and networks and unlocked the new digital era […]
Bitcoin News
Lumerin and Quai Announce Strategic Collaboration to Enable On-Chain Compute Power Trading
PRESS RELEASE. Chicago, IL — April 4, 2024 — Lumerin, a pioneer in the decentralized Bitcoin mining marketplace, and Quai, a groundbreaking Layer-1 crypto network for the global and compute economies, proudly announce a strategic alliance aimed at expanding access to Bitcoin mining. This collaboration seeks to combine Lumerin’s expertise in decentralized data stream routing […]
Bitcoin News
Alchemy Pay and Polyhedra Network Announce Upcoming Collaboration for Seamless Ramp Solution
PRESS RELEASE. Alchemy Pay has announced that it has entered into a partnership with Polyhedra Network, a Web3 ZK infrastructure provider that aims to revolutionize interoperability and scalability through Zero-knowledge (ZK) proof technology. Through this collaboration, Alchemy Pay will integrate Polyhedra Network’s ZK infrastructure to improve the interoperability, security, and user experience of its global […]
Bitcoin News
Bit.Store and Gate Pay Unveil Gate MiniApp Collaboration for Enhanced Crypto Card Services
PRESS RELEASE. Bit.Store, a leading innovator in cryptocurrency card solutions, is thrilled to announce its strategic partnership with Gate Pay, one of the world’s premier cryptocurrency exchanges. This collaboration introduces a groundbreaking Gate MiniApp on Gate.io, designed to seamlessly integrate Bit.Store’s card services within the Gate Pay Ecosystem, offering users an unparalleled experience in managing their crypto finances.
Revolutionizing Crypto Payments:
The Gate MiniApp empowers Gate.io users to effortlessly apply for Bit.Store’s Virtual Cards, directly within the Gate.io platform. This integration not only simplifies the card application process but also enhances the user experience with features like rapid top-ups and withdrawals through Gate Pay, adding and deleting cards, and access to Bit.Store’s full suite of card functionalities.
Streamlined Payment Flow:
- Easy Application: Users can swiftly apply for Bit.Store cards without leaving the Gate.io environment.
- Visa and Mastercard Compatibility: The virtual cards come with the support of leading card networks like Visa and Mastercard, along with multi-card BINs, offering a broad spectrum of usage.
- No KYC Requirement: Streamlining the process further, applying for these virtual cards does not require a Know Your Customer (KYC) process, ensuring quick and hassle-free access.
- Instant Top-Ups: Leveraging GatePay, users can quickly top up their Bit.Store cards, ensuring funds are readily available.
- Effortless Management: The Mini App allows for straightforward card management, including adding or removing cards as needed.
About Gate Pay
Gate Pay is an advanced cryptocurrency payment solution tailored to meet the demands of Web3 for both merchants and individual users. This dynamic platform offers the flexibility to send and receive payments across the globe, supporting transactions in over 30 leading cryptocurrencies. With its ability to enable real-time conversions among more than 1,700 cryptocurrencies, Gate Pay ensures seamless and efficient transactions. Contact us at gatepay@gate.io.
About Bit.Store:
Bit.Store is your gateway to seamless cryptocurrency integration in the real world. Committed to safeguarding privacy and ensuring user-friendly accessibility, our virtual and physical cards allow for crypto conversions, enabling secure and simple spending across online and offline in-store platforms. Bit.Store redefines the ease of crypto asset management — store, spend, and earn with confidence and simplicity. Contact us at support@bit.store.
A Game-Changer in Crypto Finance:
This partnership between Bit.Store and Gate Pay is more than just a collaboration; it’s a transformative shift in how users interact with their crypto assets. By bringing Bit.Store’s card services into Gate Pay, we’re not only simplifying the process of spending crypto but also opening up a world of possibilities for users.
The Bit.Store Mini App on Gate.io is set to redefine the standards of convenience and accessibility in the crypto card space. Stay tuned for more updates on this exciting partnership and get ready to experience the future of crypto payments with Bit.Store and Gate Pay.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Tether Confirms Extensive Collaboration With DOJ, FBI and Secret Service
Tether, the stablecoin company, has confirmed it has collaborated extensively with a series of U.S government agencies, including the Department of Justice (DOJ), the Federal Bureau of Investigation (FBI), and the Secret Service. These team-ups are focused on making the stablecoin ecosystem safer for all participants and aiding law enforcement actions against bad actors.
Tether Reveals FBI, DOJ, and Secret Service Ties In Unveiled Letters
Tether, the company behind the issuance of USDT, has revealed its links with several U.S. government agencies. In a series of letters directed to Senator Cynthia Lummis, Tether highlights the collaboration relationship that the company has established with the U.S. Department of Justice (DOJ), the Federal Bureau of Investigation (FBI), and the Secret Service, aiming to “combat illegal activities and aid in fund recovery.”
In a letter sent to Lummis on December 15, Tether CEO Paolo Ardoino states that the company had taken a proactive security stance, freezing the funds held in wallets included in the Office of Foreign Asset Control (OFAC) Specially Designated Nationals (SDN) list. Ardoino declared this measure is a “definitive move designed to protect our users and the integrity of the stablecoin ecosystem.”
Ardoino specifies Tether’s processes to allow these agencies to work in tandem with the company. He stated:
Tether recently onboarded the United States Secret Service into our platform and is in the process of doing the same with the Federal Bureau of Investigation (FBI).
The partnerships have yielded significant results, as Tether informed that approximately 326 wallets totaling 5 Million have been frozen in direct collaboration with these three agencies.
The letters are a direct answer to a letter Lummis sent to U.S. Attorney General Merrick Garland in October, calling the DOJ to evaluate the extent to which Tether and Binance have been provided “material support and resources to support terrorism through violations of applicable sanctions laws and the Bank Secrecy Act (BSA).”
Binance recently settled with the DOJ, pleading guilty to BSA violations and agreeing to pay over bn to resolve the investigation.
What do you think about Tether’s collaboration with U.S. government agencies? Tell us in the comments section below.
LBank Labs Demo Day Marks a Notable Collaboration in Web3 In Partnership With Collab+Currency and Blockchain Builders Fund
PRESS RELEASE. On October 19, 20, and 23, the blockchain community converged for LBank Labs’ Demo Day, a collaborative effort with Collab+Currency and the Blockchain Builders Fund. The event garnered significant attention, with over 200+ registrants and a turnout of more than 150+ attendees, of which over 70% are global funds. Serving as a nexus for blockchain enthusiasts and technologists, the Demo Day facilitated meaningful interactions and fostered collaboration among its diverse participants.
A Look at the Participating Partners:
Collab+Currency: Collab+Currency is Collab+Currency is a venture fund that primarily backs early-stage crypto projects building the next generation of culture and consumer technology. The firm focuses on the earliest-stage opportunities in Web3, primarily investing in the pre-seed and seed rounds. During the past five years, the firm has backed over 100 projects working in nearly every vertical within crypto, including infrastructure, base-layer blockchains, service providers and NFTs.
Projects from Collab+Currency:
Rainbow: An advanced Ethereum wallet that combines user-friendly features with a simple interface. Most functionalities are embedded within the plugin for ease of access. The wallet also collaborates with several fiat on-ramp services such as Ramp, MooPay, and Coinbase.
Sleepagotchi: A game aimed at promoting better sleep habits. Designed by alumni from Harvard Business School and former staff at Duolingo, players are rewarded with collectibles when they achieve sleep targets. So far, Sleepagotchi reports 14,000 monthly active users, all without marketing campaigns.
Blockchain Builders Fund (Stanford): Originating from Stanford University’s Blockchain Accelerator initiative, the Blockchain Builders Fund has been working closely with students and alumni. Their goal is centered around nurturing, developing, and investing in blockchain-oriented solutions.
Projects from Blockchain Builders Fund:
DwellFi: An intent-centric all-in-one fund data platform with 1000+ limited partners and 0 million in assets. DwellFi offers various fund data, both on-chain and off-chain, with a strong focus on real-time data, including real-time NAV, real-time portfolios, and even pending investment data. It provides highly customized dashboards tailored to different roles (e.g., LP or GP).
Hinkal: A 2023 Bootcamp Finalist of LBank Labs, successfully securing financing led by Draper Association, with participation from Orange Dao, NGC, and more. The project protocol is designed to protect user privacy in DeFi transactions, currently integrated with five blockchains and plans to support all EVM chains in the future. Hinkal has already helped over 3000 users achieve M+ in transactions.
LBank Labs: LBank Labs operates with a Venture Fund approach, investing in a variety of blockchain initiatives. Their philosophy encourages protocol and exchange neutrality. With assets of 0 million, LBank Labs is poised to assist startups in their journey. Their Fund of Fund network, encompassing 12 funds as of Q1 2023, enables access to over Billion in assets. Globally, they have a presence in various regions from San Francisco to Dubai to Shanghai.
Projects from LBank Labs:
Dope: A Web3 NFT music platform available across various devices, which has integrated with six major blockchains. It aggregates over 600,000 music NFTs, making it the world’s largest Web3 music library. Strategic collaborations with renowned musicians, major record labels, and influential music executives aim to drive loyalty programs, live DJ experiences, and innovative fan-oriented features through Web3 integration, ensuring sustainable growth and an unparalleled music experience.
QED: The first Ethereum Layer 2 network to achieve super-scalability, offering over 100,000+ TPS, support for smart contracts in multiple languages (JS, Python, etc.), and compatibility with multiple zk-VMs. QED recently integrated with Polygon’s next-generation Miden-VM, boasting the world’s first high-level language compiler that supports Miden. Additionally, QED introduced the browser-based Poseidon2-WebGpu architecture, which is 30 times faster than existing browser zk-hash architectures. QED has already established partnerships with industry-leading companies, including Universal Pictures and The Sandbox. The company was founded by the young hacker Carter.
A representative from LBank Labs stated at the conclusion of the Demo Day that they are grateful for all participants and collaborators. They further encouraged observers to keep a close watch on LBank Labs as they continue their exploration into the Web3 domain.
About LBank Labs
At LBank Labs, we thrive on the power of connections and believe in fostering strong relationships within the industry. We’re not your average exchange – while LBank boasts a massive global user base of over 9 million, LBank Labs operates independently in both structure and approach, using a Venture Fund model to drive our investments in funds, primary projects, and liquid projects. With a protocol and exchange-agnostic mindset, we’re committed to supporting projects through direct funding, acceleration, incubation, and unparalleled networking within our web. And with 0 million AUM currently under our belt, we’re well-equipped to help startups take flight. But that’s not all – our Fund of Fund network, which includes a whopping 12 funds as of Q1 2023, opens doors to direct communication with Billion+ AUM. And with operations and offices spanning 7 global regions – from San Francisco to Dubai to Shanghai and beyond – we’re in a prime position to keep building this network together.
Contact
LBank Labs
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Bored Ape Yacht Club Announces Collaboration With Iconic Japanese Streetwear Brand Bape
According to Yuga Labs, creators of the Bored Ape Yacht Club (BAYC), the team has partnered with the popular Japanese fashion brand A Bathing Ape, commonly known as Bape. They plan to unveil a new “irreverent collection” together at Apefest in Hong Kong this November.
BAYC Partners With Fashion Brand Bape
The Bored Ape Yacht Club is teaming up with streetwear company Bape for a new collection, Yuga Labs announced. Founded in 1993 by Nigo (Tomoaki Nagao) in Ura-Harajuku, Bape is a renowned Japanese fashion brand. The company operates 19 stores globally, offering men’s, women’s and children’s lifestyle and streetwear.
“Together, the two brands have reimagined iconic designs from Bape’s deep archives and usher in a return to the golden age of streetwear collecting,” Yuga Labs said on September 25. “With one foot in Bape’s Ura-Harajuku roots and the other in the BAYC swamp, this collection offers Bape heads and BAYC members exclusive access to apparel and accessories that reflect their shared appreciation for laid back opulence and irreverence.”
The recent news about BAYC and Bape comes after a notable decrease in the value of BAYC non-fungible token (NFT) assets this year. BAYC NFT floor prices have plummeted, and weekly sales volumes have consistently decreased. This isn’t BAYC’s first partnership with a prominent streetwear brand; they teamed up with Adidas in 2021 and also worked with music-focused magazine Rolling Stone on an exclusive cover design.
“As Fashion goes hand-in-hand with Web3, particularly in the current times, where the two have the power to impact each other almost instantaneously, we are thrilled to present this groundbreaking collaboration with Yuga Labs,” Thomas Hui, chief operating officer at Bape said.
What do you think about BAYC teaming up with Bape? Share your thoughts and opinions about this subject in the comments section below.
Aptos Labs’ Collaboration With Microsoft Sends APT Soaring By 17%
Aptos Labs and Microsoft have announced a strategic partnership to showcase the convergence of artificial intelligence (A.I.) and blockchain technologies.
Aptos Labs, a leading blockchain developer, and Microsoft, a key backer of A.I. advancements through OpenAI, are joining forces to create the innovative Aptos Assistant, a ChatGPT-powered chatbot designed to provide users and developers with comprehensive information and analysis of the Aptos ecosystem.
Aptos Labs And Microsoft Forge Alliances For Blockchain Development
According to a report by Yahoo Finance, unlike previous endeavors in the crypto-related A.I. space, which primarily revolved around licensing OpenAI’s ChatGPT, Aptos Labs’ collaboration with Microsoft ventures beyond boundaries.
The partnership encompasses various facets, with Aptos Labs hosting validator nodes on Microsoft’s Azure cloud computing platform, integrating its programming language, Move, into Microsoft’s popular coding platform, GitHub Copilot, and exploring opportunities to connect with major financial institutions seeking to build blockchain-powered applications on Azure.
Rashmi Misra, General Manager of A.I. and Emerging Technologies at Microsoft, expressed excitement about the fusion of A.I. and blockchain, stating:
The intersection of A.I. and blockchain is among the most interesting combinations of emerging technologies. By fusing Aptos Labs’ technology with the Microsoft Azure OpenAI Service capabilities, we aim to democratize the use of blockchain.
Aptos Labs has already secured substantial funding of 0 million from investors, according to Crunchbase, highlighting the confidence in their technological prowess. The collaboration with Microsoft further solidifies its position as a formidable player in the blockchain space.
While A.I. startups have dominated funding in 2023, raising nearly billion, compared to around .6 billion for crypto ventures, Mo Shaikh, Co-founder and CEO of Aptos Labs, believes that A.I. and blockchain are not mutually exclusive.
Shaikh emphasizes the importance of blockchain’s ability to provide verified and accurate information, minimizing the risk of A.I. models generating false statements or hallucinations.
The practical implications of this collaboration are still unfolding. Still, Shaikh underscores elements such as the A.I. assistant and integration into Github Copilot to represent a larger vision of deep integration and co-development between Aptos Labs and Microsoft.
APT Rebounds As Collaboration With Microsoft Reignites Investor Interest
APT, the native token of the Aptos blockchain, experienced a significant surge of over 17% following the announcement of its partnership with Microsoft.
This surge marked a crucial turning point after a prolonged downtrend that persisted since the beginning of February. Notably, APT had reached an all-time high of before succumbing to the downward trend.
The decline in APT’s price can be attributed to an unlock event on February 12th, where Aptos released 4.5 million APT tokens.
The unlock event, involving the release of a significant number of tokens, resulted in increased selling pressure, leading to a continuous decline in APT’s price.
However, the recent partnership announcement with Microsoft has injected new life into the token’s value, reigniting investor interest and resulting in a remarkable price surge.
Despite experiencing some retracement, APT still holds a 10% profit since the disclosure of the partnership with Microsoft. It is currently trading at .3340, representing a 63% decrease from its all-time high reached in January 2023.
Overall, investors have responded positively to this news, recognizing the potential of the Aptos-Microsoft partnership to drive innovation and expand the reach of the Aptos blockchain. The substantial surge in APT’s price reflects growing confidence in the project’s prospects and underscores the significance of this collaboration.
Featured image from iStock, chart from TradingView.com
B2BinPay Now Offers Branded Hardware Wallets Through Collaboration With Ledger
B2BinPay, a leading crypto-processing platform, has revealed a new partnership with Ledger, the global platform for digital assets.
As a result of this collaboration, clients of B2BinPay will have the chance to acquire a limited-edition Ledger Nano X, which will be branded with the B2BinPay logo.
B2BinPay will provide unique Ledgers to its new merchants and enterprise clients, as well as its loyal clients, in recognition of their ongoing support for the company.
To receive their hardware wallets, eligible clients can utilize the special promotional codes offered by B2BinPay. Customers simply need to enter the code on the collaboration page on Ledger’s website to get their gadgets.
One thousand wallet units are available in total as part of the special offer, making these branded devices highly sought-after and emphasizing their exceptional value.
Why Ledger?
The hardware wallet devices produced by Ledger offer a secure method for storing the private keys of different cryptocurrencies offline. They provide reliable protection against hacking attempts, simplify the process of managing digital assets, and ensure the transparency of transactions.
B2BinPay clients will be able to access high-quality cryptocurrency storage solutions through the new partnership. This will allow them to securely manage their assets, diversify their portfolios, and improve their efficiency.
About B2BinPay
B2BinPay is a platform that facilitates secure and cost-effective transactions of cryptocurrencies for businesses. It supports all main digital asset options and offers the convenience of automatically converting crypto payments into fiat and depositing them into the bank account of the business.
B2BinPay is dedicated to offering its clients the most reliable and cutting-edge services on the market. By joining forces with Ledger, B2BinPay can guarantee that its clients have access to secure, dependable, and trustworthy hardware solutions which will enable them to manage their crypto funds efficiently.
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Hackvolution: BNB Chain kicks off Hackathon to Drive Innovation and Collaboration
PRESS RELEASE. BNB Chain, the world’s largest smart contract blockchain in terms of daily active users, has today announced Hackvolution, its global 7-week Hackathon, starting on July 13th and running until September 1st. Hackvolution gets support from COMBO, Google Cloud, CyberConnect, Hooked Protocol, and Ultiverse as key partners with mentors joining from leading universities. Interested participants can register here to take part in the upcoming hackathon.
The hackathon aims to bring the Web3 community, developers, researchers and scientists together to contribute to the advancement of blockchain technology. The core focus will be on
opBNB and BNB Greenfield within the BNB Chain ecosystem, whereby developers will have the opportunity to build decentralized applications (dApps) that leverage the functionality and modularity of these platforms. To bolster innovation across a diverse set of sectors, dApps will be categorized into four domains including, Infra, DeFi, Gaming, and AI. In addition, this event also opens up potential opportunities to access grants and the Most Valuable Builder (MVB) program under Binance Labs incubation.
All applicants can expect four days of online workshops and an opportunity to engage with the BNB Chain developer community of 10,000+ developers. They will also receive 24/7 tech support, early access to BNB Chain updates and and exclusive access to the BNB Chain team
A panel of judges made up of experts from the Web3 media, community and education sector will evaluate projects based on five key aspects: Technical innovation, Business model and Team configuration. The best 12 projects s from four domains will be selected to participate in the demo day and be eligible for rewards including:
- 000 prize for 1st place winners of each track
- Bonuses based on ranking
- 1-month trial participation in the BNB Chain Gas Grant program
- A tailored marketing support package with BNB Chain
- Access to the discounted tools and services from the BNB Chain Kickstart program ● 00 worth of credits and a POC trial coupon valued at 00 from Google Cloud and Alibaba Cloud
There will also be a separate 00 prize pool for winners of the Local Hacker Stars awards. The hackathon will have a global reach, with offline meet-ups planned across different regions, including Asia-Pacific, CIS, Europe, Middle East & North Africa and Latin America.
“We are thrilled to invite participants from all over the world to join us in the BNB Chain Hackvolution,” said Victor Genin, Senior Solution Architect at BNB Chain. “This hackathon is a fantastic opportunity to not only benefit from the rewards on offer but to play a part in shaping the future of blockchain technology and contribute to the growth of the BNB Chain ecosystem.”
The key dates for the BNB Chain Hackvolution are as follows:
- Launch Date: July 13
- Registration Period: July 13 – August 22
- Greenfield Code Demo: July 21 and July 25
- opBNB Code Demo: July 24
- Online Workshops: July 28, 31, August 1, and 2
- Submission Period: August 2 – August 22
- Local Offline Meetups: Dates will be announced on BNB Chain’s social media channels ● Reviewing Period: August 22 – August 27
- Winner Confirmation: August 28
- 12 Best Projects Demo Day: September 1
To learn more about the hackathon and to register to take part, please visit here.
Join us for the BNB Chain Hackvolution and let your ideas, skills, and passion ignite while leveraging the potential of opBNB and BNB Greenfield to create meaningful dApps.
——-END——
About BNB Chain
BNB Chain is a community-driven and decentralized blockchain, powered by BNB. It consists of BNB Beacon Chain, its staking and governance layer, BNB Smart Chain (BSC), which is EVM compatible and facilitates a multi-chain ecosystem with its Layer-2 solutions, and BNB Greenfield, its decentralized data storage network. It is the world’s largest smart contract blockchain by daily active users. It has processed 3 billion transactions to date from 232 Million unique addresses making it the largest layer 1 blockchain globally and bringing developers massive user access with ultra-low gas fees, higher transactions per second and has experienced zero crashes since its inception. The ecosystem has more than 1,500 estimated active dApps at any given time across multiple categories such as DeFi, Metaverse, Blockchain Gaming, SocialFi, NFT, Infrastructure, and more. There are numerous programs available to support the Web3 ecosystem including the Gas Grant, Builder Grant, Kickstart, Most Valuable Builder (MVB) and AvengerDAO.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.