CryptoUniverse: We get profit when you get profit 9319

CryptoUniverse

We could not wait to present you the first part of the huge transformation. CryptoUniverse is always trying to reach the highest level of transparency, so you can feel every hash/second is running near you, but without any noise, heat or space taken from your home.

Let’s start the introduction from the main one. Meet the new balance management system. Collected experience and vision allowed us to make the step forward. From now, every account will have its own balances for different purposes in our ecosystem that you can easily manage as you want from the new page called “Balances”. This unique feature comes with a reworked electricity payment system. We made it as similar to your usual life routine as possible. All assets are still pre-paid, but you can fully control it within the new balance designed for electricity that is simply called “Electricity account”. There you will find not only the amount required to pay, but also real numbers of electricity in kilowatts consumed by any of your assets.

CryptoUniverse wants you to have access to as many instruments as possible.That is why we added the opportunity to make flexible and fixed savings not only in BTC, but in LTC too.  It grew by 500% in the last 6 months, so we all see again what results diversification can give. Beneficial and safe storage of your assets is one of our priorities.

New miners and contracts push your frontiers too. From now, the fee of our service is calculated in percents and is related to your mining income. It shows that we are interested in making mining as profitable for you as possible.

New instruments complicate user experience for some of us, so we thought it would be great to outweigh it by a significantly improved dashboard. Recent update includes a reworked “Dashboard” page and a new “Assets” page that can be used for managing and monitoring your assets in several clicks. There are dozens of other minor improvements, but we offer the intrigue to find it by yourself.

Our team worked a lot to make these changes possible, so we are pleased to hear any feedback on your experience with dashboard in social media or in support. To make your acquaintance more intense, use promo code GETPROFIT21. It provides you with a discount on our recent miners and contracts.

This is just the beginning, so keep an eye on it. Thank you for being with us.

About CryptoUniverse

CryptoUniverse.io is a multifunctional service created on 14 February, 2017. It gives users an opportunity to purchase or rent calculating power and equipment on its infrastructure. Company is based in Europe with headquarters in the United Kingdom and Estonia that guarantees operation within the European Union law and safety of users’ assets.

In Russia the company and its technical partners operate several clusters of modern data centers with an overall area of 38 000 square meters and more than 120 MW of overall power. It makes the services of CryptoUniverse.io high-quality and uninterrupted.

Main idea of the project is a simple and available opportunity to enter cryptocurrency mining by purchasing or renting calculating power. The service is also interesting for experienced miners because well-established logistics gives them an access to top-notch equipment that is already installed, tuned and ready to function in data centers of the company. Transparent operation and flexible offers to make clients experience comfortable are the main values of CryptoUniverse.

CryptoUniverse team is full of highly qualified professionals who polished all the processes, made service easy and convenient. 24/7 support extends boundaries for users who are not familiar with blockchain technology.    

CryptoUniverse. You buy, we pay.

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Ankr Bolsters Web3 with Expansion of DePIN Network and Introduction of New Partners 11831

In a landmark move for the blockchain industry, Ankr, a pioneer in the development of Decentralized Physical Infrastructure Networks (DePIN), is thrilled to announce an ambitious expansion of its network through strategic partnerships with leading Ultra Sound Infrastructure providers. This expansion is set to redefine the standards of a decentralized Web3, reinforcing Ankr’s position at the forefront of leveraging idle cloud computing resources to support blockchain ecosystems.

Since its inception in 2017, Ankr has distinguished itself as the first DePIN in the blockchain space, utilizing its innovative approach to democratize the internet and pave the way for a more resilient and efficient Web3 infrastructure. Today, Ankr’s commitment to enhancing performance and decentralization through its network brings forth a suite of benefits, including increased node availability, access to high-performance archive nodes, and extended geographic coverage to address gaps in node resources.

“As pioneers in the DePIN landscape, we’re excited to expand the availability of high-performance decentralized nodes through our Ultra Sound Infrastructure network. Looking ahead, we will continue to develop a cohesive DePIN experience for all network participants,” said Stanley Wu, Co-founder and CTO of Ankr.

The addition of seven new providers, including IoTex, Gateway, Storj, Clover, Tencent Cloud, Mind Heart Soul, and Ankr Labs, marks a significant leap forward in the decentralization of Ankr’s network. This expansion not only strengthens the infrastructure but also broadens support for on-chain AI and a variety of other innovative use cases, demonstrating Ankr’s dedication to meeting the evolving needs of the blockchain community.

“At IoTeX, our mission is to build a modular ecosystem where projects can easily develop DePIN initiatives. This partnership with ANKR will open up a new set of tools for DePIN builders. By enabling both IoTeX and ANKR’s infrastructure to be readily available for any project, we are positive that many new DePIN projects will come to the surface given the easiness and efficiency that these partnership tools bring to the table.” said Qevan Quo, CTO of IoTex.

Ankr’s DePIN is instrumental in serving the vast and growing needs of the Web3 ecosystem, facilitating seamless interactions between decentralized applications (dApps), developers, and enterprises across various blockchains. Through its robust network of nodes, Ankr ensures reliable performance for transactions, wallet balance queries, and smart contract executions via RPC (Remote Procedure Call) requests, with enhanced core RPC services thanks to partnerships with major cloud providers like Tencent Cloud.

This expansion guarantees amplified performance for Ankr’s RPC service customers, offering:

  • Increased accessibility of nodes to serve RPC traffic
  • Utilization of high-performance archive nodes
  • Filling geographic gaps in node resources for broader coverage
  • Unmatched speed, reliability, and efficiency across the network

Moreover, Ankr’s infrastructure plays a pivotal role in supporting on-chain AI by providing high-performance computing, data availability and integrity, and ensuring decentralization and privacy. This facilitates AI applications in predictive analytics, automated decision-making, and natural language processing directly on the blockchain. Beyond AI, Ankr’s global node infrastructure supports a wide range of use cases, from Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs) to gaming, metaverse experiences, and Decentralized Autonomous Organizations (DAOs).

The ANKR token, integral to the Ultra Sound Infrastructure program, sees expanded utility as the exclusive payment method for accessing the highest tier of infrastructure, including archive nodes. This enhancement solidifies the ANKR token’s critical role in Web3 operations, acting as a “gas” payment for multi-chain infrastructure and providing a gateway to the highest-quality Web3 infrastructure.

With these strategic partnerships, Ankr embarks on the next phase of its global infrastructure expansion, aiming to further decentralize the web and make high-quality, distributed network resources universally accessible. This initiative not only extends Ankr’s reach but also calls upon stakeholders across the web3 space to contribute to building a decentralized, secure, and efficient digital future.

Ankr is committed to continuous growth and laying the groundwork for the sustainable development of a decentralized internet. With the introduction of new DePIN partners, Ankr looks forward to expanding its high-quality distributed network and invites those interested in joining this revolutionary journey.

About Ankr

Ankr is an all-in-one Web3 developer hub that provides a full suite of tools to build Web3 apps and power them with high-performance connections to 46+ blockchains, leveraging idle cloud computing resources globally. As the approved infrastructure partner for building dedicated L2 rollups and sidechains on ecosystems like Optimism, zkSync, BNB Smart Chain, Polygon, and Avalanche, Ankr simplifies blockchain development for all use cases. Ankr creates new blockchains for projects while satisfying every requirement for infrastructure and engineering, such as validators, RPC nodes, block explorers, testnets, staking platforms, and more, for completely custom blockchain solutions.

UniDex successfully migrates to its new protocol token Molten 11820

UniDex has migrated to its new protocol token, Molten, as proposed in its recent governance vote. Molten now serves as the primary governance token for the product ecosystem and the native gas token on the Molten network.

UniDex recently introduced its Omnichain OFT Molten token as the first stage of its governance proposal. The new Molten token is designed to gradually replace the existing UniDex token. It offers a 1:1 migration with no set time limit to migrate the older UNIDX token.

The new token symbolizes the initial step towards the novel ecosystem to be developed around the Molten token for its forthcoming L2, known as the Molten Network. This token will function as the native gas token on the network, ensuring that all transaction fees are paid in Molten.

Molten aims to address the scalability issues previously encountered by UniDex, in addition to its native use for gas. The new Molten token enables bi-monthly epochs, during which Molten holders determine the quantity of new Molten entering circulation.

This inflation could incentivize usage across the Molten ecosystem, offering rewards for trading, liquidity incentives, grants, and more. Transaction fees collected from protocol usage will burn the Molten, offsetting inflation in a manner similar to Ethereum following its EIP-1559 upgrade.

Molten is much more than just a token; it powers the ecosystem behind the Molten network. The Molten L2 aims to build an ecosystem of interconnected Perp DEXs. Molten has eliminated all forms of oracle MEV, allowing builders to safely deploy leverage protocols without needing to run centralized backends. This means faster trades, more decentralized protocols, and better UX for traders.

unagi(x) by Wemade Integrates Chainlink CCIP on WEMIX3.0 Mainnet as Exclusive Cross-Chain Infrastructure for Omnichain Gaming Ecosystem 11380

Wemade, one of South Korea’s largest game developers and the founder of unagi(x), and Chainlink, the industry-standard decentralized computing platform, announced today that Chainlink CCIP—the industry standard for cross-chain interoperability—has been integrated by unagi(x) on WEMIX. As the network’s official cross-chain infrastructure, CCIP underpins WEMIX’s gaming mega-ecosystem and unagi(x)—the interoperability engine for unagi, the omnichain initiative to enable fast on-off chain trading.

The AAA MMORPG NIGHT CROWS —which launches globally in 170 countries on March 12th—will integrate unagi(x) powered by CCIP across six chains: WEMIX, Kroma, Avalanche, BNB Chain, Ethereum, and Polygon. Interoperability between this diverse selection of networks allows users to fully immerse themselves in the game, while tokenizing in-game assets on their preferred chain.

“We selected Chainlink CCIP as it offers a proven solution for cross-chain token transfers and multi-chain abstraction to enhance user experiences across Web3 gaming and beyond,” said Henry Chang, CEO of Wemade. “By seamlessly connecting WEMIX to the multi-chain ecosystem and enabling cross-chain transfers of in-game NIGHT CROWS tokens and NFTs with CCIP, we’re unlocking a novel omnichain gaming experience and interchain economy that will help drive the growth of all of Web3.”.

unagi(x) being powered by CCIP enables Web3 gamers to play NIGHT CROWS across the multi-chain ecosystem, while facilitating seamless transfers of in-game tokens and NFTs between chains. Users can freely choose their gaming chain, connecting and exchanging game tokens and NFTs with the ‘una Wallet,’ which enables users to intuitively manage assets and transfers across supported networks via the omnichain infrastructure.

“I am very impressed by how Wemade is on the cutting edge of blockchain gaming, a growing part of the entire blockchain economy, which I believe will eventually intersect with DeFi in new and interesting ways,” said Sergey Nazarov, Co-Founder of Chainlink. “We are excited to support them in their plans to lead the blockchain gaming community into the future with a secure connectivity solution.”

CCIP was selected as Wemade’s official interoperability solution because of its proven track record as the provider of oracle services used by hundreds of dApps and its dominant position as the leading provider of oracle services in the DeFi space. Advanced features including programmable token transfers and a single standardized interface for omnichain application development were also key factors leading to the decision to choose CCIP.

As a result, the integration of CCIP within unagi(x) creates a secure environment for NIGHT CROWS gamers to effortlessly navigate across chains, and positions NIGHT CROWS to redefine the possibilities of omnichain gaming.

About Chainlink

Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $9 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors.

Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link.

Wemade

With over two decades of gaming industry expertise, Wemade is at the forefront of the next global wave of Web3 game developers innovating with blockchain technology. Aiming to accelerate the mass adoption of blockchain technology, Wemade is building a one-of-its-kind, experience-based, platform-driven, and service-oriented mega-ecosystem that offers a wide spectrum of intuitive, convenient, and easy-to-use Web3 services. Visit www.wemix.com/communication for more information.

EasyA to launch learning modules on Stacks, aiming to attract thousands of developers and kickstart the ecosystem ahead of the highly anticipated Bitcoin halving 11835

EasyA, the world’s leading Web3 education app, announced today its collaboration with the Stacks Foundation. The partnership will allow developers to capture a portion of Bitcoin’s $1T market value by teaching them how to build on Bitcoin. Together with Stacks, EasyA will show developers how to unlock the $1 trillion in latent capital currently waiting for developers ahead of the widely anticipated Bitcoin halving in April. EasyA and the Stacks Foundation aim to expand the Bitcoin ecosystem by showing developers how to build on the world’s largest crypto asset for the first time ever, transforming Bitcoin from a store of value into a productive asset with renewed utility.

EasyA is world-renowned for its Web3 learning app, which has attracted a huge community of over 750,000 developers, founders and visionaries. Their long-standing partnerships with over 300 of the world’s best university blockchain clubs (from Harvard to MIT to Cambridge and beyond) give its community unparalleled levels of talent.

EasyA alumni have been funded by world-class venture capital firms like a16z, and top accelerators like the prestigious Y Combinator. EasyA will launch 5 new in-app educational challenges featuring Stacks, giving Stacks access to EasyA’s massive pool of talent, and showing them the opportunities unlocked by the upcoming sBTC and Nakamoto Release.

The Nakamoto and sBTC launches are major upgrades coming to Stacks which will bring the leading Bitcoin L2 key features to developers eager to build on Bitcoin. Nakamoto enables Stacks to be both faster and more secure than ever before, inheriting the full security of Bitcoin, while sBTC brings a trustless Bitcoin to Stacks for the first time.

With the upcoming Bitcoin halving under 60 days away and massive momentum surrounding Bitcoin in light of the recent Bitcoin ETF approvals by the SEC, this partnership comes at a watershed moment for the Bitcoin community. Today, EasyA and the Stacks Foundation launch their partnership under the hashtag #360DaysOfStacks, which will culminate in two flagship hackathons in Boston (at Harvard University) and London. These two hackathons will bring together top developers from the #360DaysOfStacks learning challenges to pitch their startups in-person and win $50,000 in prize money. On top of this, the top builders will gain access to additional funding, mentorship and grant opportunities within the Stacks ecosystem.

Phil Kwok, Co-Founder of EasyA, said: “Over the past decade, Bitcoin has proven itself as a rock solid store of value. So much so that it commands a market cap of over $1 trillion. The crazy thing is that there’s surprisingly little you can actually do with it. Stacks promises to change that, and this promise is what is so exciting. We can imagine a world where all the value locked up in Bitcoin can finally be put to work. With Stacks’ sBTC and Nakamoto Release, this is finally possible. We can’t wait to see what our 750,000+ community of developers create with Stacks.”

“Our team is proud to be part of an ecosystem that takes the relationship with builders beyond a transactional one, helping developers of all ages and skill sets to learn the fundamentals, create one-to-one connections, and get genuine hands-on support from leaders,” says Mitchell Cuevas, Executive Director at the Stacks Foundation. “We continue to collaborate with EasyA because they share this sustainable, community-driven approach to developer education and they manage to make it (a lot of) fun for everyone from newcomers to veterans along the way.”

EasyA and the Stacks Foundation’s most recent partnership was a roaring success, educating over 3,000 developers on Stacks and attracting over 250 developers to their 36-hour in-person hackathon in London, UK. Founders won over $25,000 in prize money, with many of these projects still building on Bitcoin with Stacks.

Be one of the world’s first to complete the new #360DaysofStacks challenges by downloading the EasyA app, which is available to download on both iOS and Android.

About Stacks

Stacks is a Bitcoin L2 that enables smart contracts and decentralized applications to use Bitcoin as a secure base layer. The 2024 Nakamoto and sBTC releases will bring faster speeds and transactions backed by 100% Bitcoin finality. ‍Stacks is the current leading Bitcoin L2 by developer traction and market cap and is poised to help unlock Bitcoin and its $500B in passive capital as a fully programmable, productive asset. The Stacks (STX) token, used as gas on the L2, was the first to undergo an SEC-qualified sale in the United States. The project explicitly decentralized with the mainnet launch in 2021. In the Stacks ecosystem, there are currently 30+ contributing entities including a non-profit Stacks Foundation, a developer tooling company Hiro, Xverse, Trust Machines, Mechanism, Bitcoin L2 Labs, ALEX, Bitcoin Frontier Fund, and more.

About EasyA

With over 750,000 developers from top universities, companies and projects across the US, UK and Europe, EasyA is the world’s most trusted and engaged Web3 education platform. Founded by Oxbridge/Ivy League grads, EasyA works very closely with over 300 of the world’s best blockchain clubs, frequently ranks as one of the top apps on the App Store, and has been featured as Apple’s App of the Day. The world’s leading Web3 networks such as Solana, Ripple, Polkadot, Stellar, Sui, Aptos, Algorand, Polygon, Tezos, ImmutableX and many more partner with EasyA to host their flagship hackathons. They leverage EasyA’s powerful in-app challenge campaigns to attract the world’s most talented hackers to their ecosystems, since EasyA is a powerful signal to them of quality and excellence. Projects coming out of EasyA’s hackathons have in turn raised from the best: all the way from a16z to Y Combinator.

Entangle: Launching March 13th 11706

Entangle has recently announced its highly anticipated launch date, March 13th.

Entangle provides a comprehensive suite of fully customizable Omnichain solutions, providing the core primitives and tools needed to connect anywhere, anytime.

This is accomplished in 4 parts:

  • Photon Messaging: Highly customizable Omnichain messaging protocol for any EVM or non-EVM network.
  • Universal Data Feeds: Low-latency, low-cost data infrastructure for any Web2 or Web3 data source. Both price-feed data and generalizable data are supported and delivered to smart contracts on any chain.
  • Liquid Vaults: Composable derivative tokens for any Web3 asset, making assets omnichain and increasing capital efficiency while still earning yield on the underlying asset.
  • Entangle VRF (e-VRF): Provides highly secure, verifiable, and unpredictable numbers, ideal for projects needing randomness. Seamlessly integrates with Entangle’s Universal Data Feeds and Photon Messaging, supporting on-chain applications such as gaming, NFTs, gambling, lottery systems, and beyond.

To reach mainstream adoption, all blockchain complexities must be abstracted away. A seamless user experience on the front-end requires all Web2 and Web3 data and assets to be seamlessly interconnected.

To date, 65+ strategic partnerships have been established with industry leaders, including Arbitrum, Mantle, Linea, Polygon, Stargate, Aave, Velodrome, SushiSwap, and more.

Entangle Labs

Entangle Labs is poised to revolutionize the Web3 space with building core primitives around the Entangle infrastructure, providing key Web3 verticals with Omnichain tooling. Entangle’s application, tools and components serve as the backbone of an Omnichain ecosystem, fostering a network of interconnected, highly efficient dApps and tokens.

Entangle Blockchain

Entangle’s Blockchain is the key component of the ecosystem, authenticating, validating and storing data in a cost effective way. Entangles blockchain has been designed with scalability, speed, customizability for smart contracts and low cost storage in mind. Secured by 100 validators and in conjunction with Photon Messaging (see below), the blockchain is the hub for developers to execute operations and data flow across any EVM and Non EVM-Chain.

Photon Messaging

An Omnichain Messaging Protocol introducing the highly customisable, upgradeable distributed network of Entangle Agents (DPoS). Orchestrated by the Master Smart Contract on the Entangle Blockchain, Photon Messaging enables protocols to send and receive data, assets and more across any EVM and non-EVM Chains and allows for state acquisition of any blockchain. Integrated across 15+ chains (and counting) developers and applications are now able to fully customize their data flow with logic, including security parameters and fees or simply opt for an automated solution. Photon messaging takes an unprecedented approach to omnichain communication, opening up the doors for native omnichain assets and various other use cases.

Universal data feeds

Entangle recognises that data access outside of Web3 is equally as important as that housed on chain. Universal data feeds allows customizable, high-frequency data feeds from any source to be queried and accessed by smart contract on any chain, including but not limited to DEFi, GameFi, AI and Real World Assets. Developers can leverage Universal Data Feeds to obtain efficient, inexpensive, verifiable on-demand cross-chain and off-chain data.

Liquid Vaults

The premier composable finance application that allows users to create Composable Derivatives Tokens (CDTs) against on-chain yield-bearing assets increasing their capital efficiency. This represents the next evolution of digital assets and ecosystem optimisation, allowing dApps to share liquidity.

WebverseNFT

An alternate reality that embodies Entangle Protocol’s infrastructure. By adapting lore-driven NFT Mechanics, Entangle transforms complex ideas into engaging narratives and resolves web3 community fragmentation.

e-Bridge

e-Bridge is a fully composable omnichain trustless bridge, utilizing the Burn and Mint or Lock and Unlock mechanisms to securely transfer NGL, Borpa, ZeroSum and other partner project tokens across 14+ networks. Entangle envisages the e-Bridge to be the premier launch partner to an ever growing demand for omnichain token launches.

e-VRF

e-VRF is an On-Chain Verifiable Random Function (VRF) that operates to enhance the engagement, fairness, and security of dApps. This solution leverages the agent network and other core components of Entangles infrastructure to generate random numbers. E-VRF unlocks a vast array of opportunities for dApps throughout the entire Web3 landscape including on-chain gaming, speculation driven dApps, lottery systems and more.

ZeroSum

A revolutionary gaming infrastructure platform that rewards players, viewers and game developers. Using cutting-edge AI and smart contract technology, Zerosum is redefining the gaming experience, transitioning play-to-earn into the more user-centric compete-to-earn. ZeroSum leverages Entangle’s technology to allow omni-chain wagering and tournaments for both viewers and players delivering a transparent path to revenue for all parties including game developers.

Borpa Memetoken

The Next Generation MemeToken. Natively deployed omnichain across Solana, Blast, Arbitrum and more with a dual-themed approach that appeals to both novices and crypto veterans. Borpa also leverages intricate DEFi mechanics with Entangle’s Liquid Vaults to power its unique financial game, encouraging participation via yield opportunities.

SuperCharge dApp

SuperCharge revolutionizes lending with leveraged yield farming. Built using the Entangle infrastructure, the application utilizes the innovative Liquid Vaults to allow users to collateralize yield positions.

Yield Lottery dApp

The Yield Lottery dApp is gamifying the Entangle ecosystem, incentivizing both liquidity providers and Liquid Vaults users. By opting into a Yield Lottery, participants can decide to opt into an on-chain randomised lottery with a portion of their yield and not the underlying collateral. This additional utility for liquid vaults is designed to attract enhanced liquidity from both experienced and novel users.

Decentralised Physical Infrastructure (DePin)

Entangle recognises the criticality of DePin infrastructure, in particular in the artificial intelligence (AI) arena and how the added benefits of blockchain can bring mass benefits across global sectors. Entangle is currently developing an Omnichain, liquid DePIN solution, where resource clustering is not only powered by efficient algorithms but resource providers can opt in and be rewarded transparently on any blockchain.

In doing so, Entangle will democratise fair access to a unique and rare opportunity, curating a harmonious balance of smart contracts, blockchain, AI, physical infrastructure and privacy across any Web3 ecosystem.

L2 Rollups

Entangles infrastructure is designed with the ability to construct Layer 2 Rollups and other scalability solutions. In doing so, Entangle is set to greatly enhance its blockchain scalability when required to do so. This will empower application developers to craft fully customizable and interoperable solutions at scale.

Velo Is Enhancing Its Own Ecosystem Through Interoperability 11848

As new blockchains and blockchain-based platforms emerge, it’s crucial for these ecosystems to be interconnected, enabling users to seamlessly transfer their assets without complications. Velo is enhancing its own ecosystem through interoperability, aspiring to become a pivotal connection point for various blockchains.

A significant update within Universe is its support for multiple wallet addresses on a single platform, catering to users who possess multiple wallets across different platforms. This feature is essential for managing diverse assets conveniently.

Furthermore, Universe is integrating multi-chain login and registration support for networks such as Solana and Tron, thereby improving Velo’s accessibility and usability. Efforts are in place to refactor the user database and management code, ensuring a smooth and secure experience.

Velo is advancing its blockchain integration by incorporating the Solana and Tron networks, aiming to offer enhanced deposit and withdrawal functionalities to enrich its ecosystem. This initiative involves deploying Solana and Tron chain-node and full-node functionalities, thereby broadening the network’s diversity and user options. Additionally, Universe is introducing a dedicated user interface (UI) for Solana transactions, encompassing deposit-withdrawal and account management across Webplus and mobile platforms, ensuring a seamless user experience.

This streamlined approach guarantees that Velo’s users have comprehensive and intuitive access to a broader range of transaction options, significantly boosting the platform’s utility and user engagement.

The integration with the Lightning Network marks a significant advancement in improving Bitcoin transactions. By implementing Lightning chain-node and deploying a BTC full-node, Orbit aims to streamline Bitcoin deposits and withdrawals, making them faster and more cost-efficient.

Velo’s dedication to ensuring inclusivity and connectivity with other blockchains is evident through the concrete steps it has taken. With aggressive strides towards unlocking the full potential of the Velo Protocol, Velo is poised for significant growth and innovation.

About Velo Labs

Velo Labs is a global pioneer in Web3-based financial solutions, offering a cutting-edge liquidity and settlement network for secure, efficient value transfers. Backed by Stellar Network and CP Group, our reach has expanded beyond Southeast Asia and the Pacific, now serving partners worldwide. We connect and complement the gap between traditional banking infrastructure and Web3, leading the way in blockchain mass adoption. Our extensive Web3-based payment network and Lightnet, our licensed settlement partner, position us as a global heavyweight. Velo Labs offers a diverse range of Web3-based products, notably Orbit, tailored for individuals, merchants, corporations, and enterprises worldwide — dedicated to empowering global financial connectivity and expanding accessibility globally.