Sino-Global to Acquire Majority of Blockchain Infrastructure Developer in $5 Million Stock Transaction 9467

Sino-Global Shipping America, Ltd. (NASDAQ: SINO) (“Sino-Global,” the “Company” or “We”) today announced it has agreed to acquire a 60% ownership of blockchain infrastructure developer Super Node LLC in an all stock transaction valued at $5 million. The transaction is subject to the satisfaction of warranties and representations under the purchase agreement.

Based in Wilmington, Delaware, Super Node LLC is a privately held, blockchain infrastructure software developer and service provider. It operates multiple CyberMiles nodes and develops decentralized applications on the CyberMiles network, a powerful, high-performance CyberMiles public chain.

Mr. Lei Cao, Chief Executive Officer of Sino-Global, commented, “The addition of Super Node further strengthens our capabilities and accelerates the buildout of our business as we pursue major opportunities in the rapidly growing cryptocurrency market and digital economy.  We are particularly excited to be partnering with Super Node’s proven team of developers, which will open additional opportunities to us in NFTs (non-fungible tokens), which have rapidly surged in popularity, market value, and breadth of digital products created.”

About Sino-Global Shipping America, Ltd. (NASDAQ: SINO)

Founded in the United States in 2001, Sino-Global Shipping America, Ltd. has been diversifying into the fast growing cryptocurrency and NFT (non-fungible tokens) markets, while continuing to support and grow its core shipping, chartering, logistics and related services business. Headquartered in New York, Sino-Global has offices in Los Angeles, Mainland China, AustraliaCanada and Hong Kong. Additional information about Sino-Global can be found on the Company’s corporate website at www.sino-global.net.

Forward-Looking Statements

Certain statements made herein are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include SINO’s estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities. In addition, there is uncertainty about the spread of the COVID-19 virus and the impact it will have on SINO’s operations, the demand for SINO’s products and services, global supply chains and economic activity in general.

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VeriBlock Foundation Partners With Titan.io to Improve Blockchain Ecosystem Security While Making Bitcoin More Green 5219

The VeriBlock Foundation, a Cayman Islands nonprofit dedicated to promoting the development and adoption of VeriBlock®’s Proof-of-Proof® (PoP®) security technology, has partnered with Titan.io, investing in their powerful software and services designed to optimize and decentralize PoW mining at scale. As part of the partnership agreement, Titan has endorsed VeriBlock’s Proof-of-Proof protocol, guaranteeing that they will include at least one PoP transaction whenever their pool mines a Bitcoin block. This significantly increases the security VeriBlock provides to blockchains that rely on it for Decentralized, Trustless, Transparent, and Permissionless (“DTTP®”) security backed by Bitcoin.

“We’re excited to partner with Titan.io to further increase the security and robustness of the VeriBlock ecosystem and look forward to the altchain PoP mining optimizations this partnership can provide,” commented Justin Fisher, CEO and Co-Founder of VeriBlock. “It’s wonderful to work with partners like Titan who understand the benefits PoP adoption provides to the Bitcoin mining industry.”

The guarantee of mining pools like Titan.io to always include PoP transactions further solidifies VeriBlock as a leader in the blockchain security ecosystem.

“The Titan team has worked hard to develop North America’s first enterprise-grade Bitcoin mining pool,” said Ryan Condron, CEO and Co-Founder of Titan.io. “We’re excited to enhance our Bitcoin mining services with PoP, not only to make Bitcoin greener but also to increase Bitcoin miner revenue in a mutually beneficial way. We also look forward to exploring future use cases with the VeriBlock community as we develop our upcoming protocol, a decentralized peer-to-peer platform for building trustless hashpower tokens, DEXs, and other hashpower DeFi products.”

The Titan Mining Pool offers a powerful North American alternative and pathway for Bitcoin/PoW miners to achieve the efficiency and scale miners enjoy in other regions around the globe while introducing a new protocol for provable hashpower. The result is a new platform that gives miners better access to larger markets for their crypto compute power, allows others to invest and buy/sell this new commodity at reduced risk, and provides additional opportunities for the entire mining industry through financial derivatives/futures as well as services for lending, custody, OTC, and trading.

“Early on, we recognized the benefits VeriBlock provides both to Bitcoin miners and the world’s altchain ecosystem,” explained Matthew Roszak, Strategic Investor and Advisor in VeriBlock and Co-Founder of Titan.io. “We’re all excited to see Titan lead the charge in Bitcoin mining pools officially endorsing this technology, helping to harden the cement of the entire ecosystem while providing additional value to Titan miners.”

DungeonSwap: the first Binance smart-chain-based RPG game today launches to bring gamers the ultimate fun via play-to-earn 7220

DungeonSwap, the defi-RPG game developer, is pleased to announce the launch of their first tabletop RPG blockchain game – DungeonSwap. As the first Binance Smart-Chain-based RPG game, DungeonSwap incorporates the retro adventure of classical fantasy tabletop role-playing game, NFT (non-fungible tokens) weapons and the play-to-earn experience.

DungeonSwap comes at the perfect time as gamers now have the chance to bank on their nostalgia and play-to-earn given the price of DND has risen from just $0.11 to $8 in just three months resulting in a total increase of 800% in value.

DungeonSwap is dedicated to building sustainable, user-centric and entertaining decentralised ecosystems. The game is based on the belief that gamification should not just be a gimmick. Motivated to create games that, are above all else, fun and easy to use, DungeonSwap highlights the importance of generating value through enjoyment to attract gamers beyond the sector of hardcore crypto traders. As the first Defi-tabletop-RPG-style game on the Binance Smart Chain, DungeonSwap is a self-sustained and innovative platform that provides the first-in-class gaming experience and interfaces that allows gamers to have fun and yield farming at the same time.

Gamers can join the game “The Dungeon” by purchasing DND tokens on their website. As gamers proceed further into the midst of the dungeon, they can earn more DND awards and battle equipment in terms of NFTs along the journey.

The game offers rewards through DND tokens and NFTs, which are financial in nature. The NFTs that gamers receive, apart from being an art collection, will serve as a utility (e.g. weapon/shield/magic) that will aid the performance of the DungeonSwap gamers. The gaming DND financial reward funding source will come from other players’ entry fees to the game and also from the developer, whereas NFTs reward will be created and sent to players for free.

NFT QT Releases List of Top 100 Most Expensive NFT Sales of All Time 8521

VNM USA unearths a data report from NFTQT.com tracking the Top 100 NFT Sales of All Time. The report helps anyone interested in NFTs understand some of the trends dictating the upper-end of the NFT market. And many of the trends seen in these blue-chip NFT sales extend to the greater NFT market. Some of the trends analyzed from the Top 100 NFT Sales list include:

  • 6 of the top 15 NFTs were transacted via private sales
  • NFTs from Larva Labs properties accounted for 43% of the Top 100
  • NFT Collections outsold One-Off NFTs at a rate of about 2:1
  • Despite having by far the largest user bases of NFT collectors, blockchain-based games only accounted for 11% of the Top 100 Sales.

“Everyone is trying to find the pulse on the NFT industry. Where’s it going? What’s bringing life to it? Who should we be watching? I believe the key to understanding the NFT market is through data. Given the unfortunate amount of fluff and pandering going on in this market, NFT data gives you an objective scope and perspective which you cannot get by having a hundred conversations,” said QuHarrison Terry, author of The NFT Handbook.

NFT QT is a destination for in-depth NFT market data, NFT trend-watching, and insights into the present and future of the NFT industry. NFT QT publishes reports multiple times per week to keep you ahead of the rest when it comes to NFTs.

Crypto Asset Rating Inc. Is Going Live with Its Advance Rating Platform for Rating Crypto Assets 11471

Crypto Asset Rating Inc (CAR INC), a US-based Fintech company, is excited to announce the launch of the Advanced Rating Platform for rating crypto assets. CAR INC has constructed a revolutionary and proprietary advanced rating system to bring transparency, auditability, and astringent rating governance structure. The comprehensive rating framework is comprised of 125 rating parameters which are grouped into 15 categories.

The advanced rating platform will help investors understand the long-term viability, credibility, and risk associated with crypto assets and objective analysis of the company issuing the asset.

“We are thrilled and delighted with our Advance Rating Platform going live,” said Pramod Attarde, Founder and Chief Executive Officer of Crypto Asset Rating Inc. “With the team of industry experts, we have designed a comprehensive platform which is independent, ethical, transparent, and unbiased. This platform will enable investors with impartial and objective analysis of crypto assets to make the right investment decision. We are confident to make a significant difference in the digital economy by transforming global capital markets.”

CAR has identified four broad risk categories of evaluation for advance rating platforms – Business Risk, Legal Risk, Technology Risk, and Financial Risk, which will ideally give investors an accurate estimation of risk. These risk categories provide a structured way of analyzing crypto assets. The company has adopted a multi-layer approach to ensure that each crypto asset passes through multiple risk evaluation layers to authenticate rating scores. CAR’s robust engine has internal and external analysts who contribute their analysis as part of the rating process. Furthermore, the final rating committee does a rigorous review on the well-defined rating grid, and then the rating is issued. The rating scores are divided into three grades – investment grade, speculative grade, and vulnerable grade.

The company follows a strict rating governance framework that any individual involved in the rating process cannot influence. Therefore, the company aspires to provide its assigned rating with the highest credibility in the investment community. CAR regularly reviews the rating and revises the rating to ensure that it is relevant to the company’s existing conditions and market.

The ratings are forward-looking opinions about the risk of investment in different crypto assets. CAR’s rating opinions are based on analysis by experienced professionals who evaluate and interpret information received from the crypto asset issuers and other available sources to form a considered opinion.

The Fintech firm helps investors identify suitable investment opportunities and helps in understanding the credibility of different products by using CAR’s powerful rating platform. It considers all major qualitative and quantitative factors and helps investors assess the risk related to the asset.

Red Date Technology, Architect Behind the Blockchain-based Service Network (BSN), Closes Landmark ‘Series A’ Funding 12936

Red Date Technology, the architect behind the world’s largest blockchain connectivity network, the Blockchain-based Service Network (BSN), announced that it has completed USD 30 million Series A equity financing. The round was led by Prosperity7 Ventures (the diversified growth fund of Aramco Ventures), and Hong Kong-based blockchain investment firm Kenetic. Other participants include Bank Pictet (Switzerland), investing on behalf of its clients, and Bangkok Bank.

According to Aysar Tayeb, Executive Managing Director of Prosperity7 Ventures, “The BSN is a pioneering initiative that can accelerate both the development and adoption of blockchain technology and applications. We are thrilled to support Red Date and be a part of the BSN initiative and the positive value it will create.”

The BSN is a global network enabling connectivity between public and private blockchains. It reduces the cost and improves flexibility, interoperability and efficiency, making blockchain services accessible to SMEs and individual developers worldwide.

According to Yifan He, CEO of Red Date, “The Internet’s Golden Age was only made possible when the cost of building websites was reduced to near zero. The BSN makes the cost of creating and running applications exceptionally low, with the added benefit of multi-frameworks and interoperability, and larger customer bases.”

“The BSN is the foundation of global blockchain adoption and will succeed through an alliance of public and private partnerships and technologies, supported by a world-class engineering team and unprecedented enterprise and sovereign backing.” noted Jehan Chu, Founder and Managing Partner of Kenetic.

The BSN International, the governing body of the global network outside China, will be established as a Singapore-based foundation and governed by a consortium of multinational corporations and financial institutions to ensure the global network is operated by international standards. Separately, the BSN Development Association of China will operate and manage the domestic network onshore in full compliance with local laws and regulations.

As part of its commitment to transparency, the BSN codebase will be fully open sourced within the foundation in the coming months and to the public within 3 years.

“For BSN to succeed globally, BSN International’s governance and development must be open and transparent, which is an area where our international shareholders and partners can provide strong support.” He added.

Hyperlink InfoSystem Titled As The Leading IT & Software Company for Blockchain Solutions Worldwide 13856

With technological advancements burgeoning, it is no surprise that the market of blockchain technology is growing at lightning speed. The blockchain market is projected to hit USD 39.7 billion by 2025 from USD 3 billion in 2020, at a CAGR of 67.3%. This rise will be due to the growing need of businesses to simplify their workflow, and while adapting to the new normal will also encourage the growth of blockchain development services. The significant increase in this sector is due to heavy investments in blockchain technology from private institutions and the government.

It should be noted that blockchain tech promotes new business models like exchanges, remittances, net banking, KYC, etc., using decentralized solutions in the apps. You are wondering whether or not to incorporate blockchain tech for your business. Of course, you should consider the seamless way to manage the network and infrastructure, increasing the revenues. However, recently there have been quite many companies offering this service due to increasing demand, which might overwhelm you to choose the right one to meet your business needs.

Launched in 2011, Hyperlink InfoSystem is the leading IT company to fulfill one’s businesses’ Blockchain requirements with various offerings including Ethereum, cryptocurrency wallet apps, smart contracts, private blockchain, hyperledger blockchain development. Besides Blockchain technology, it is one of the top app developers and custom software development company providing services such as mobile and web apps, data science, Salesforce, AI, AR/VR apps, IoT, and a lot more. Hyperlink InfoSystem is an Indian-based company with offices in other nations, including the US, UK, UAE, and Australia. Hyperlink Infosystem has catered to a few clients with blockchain solutions delivering exceptional services and using the latest frameworks.

The CEO & Founder of Hyperlink InfoSystem, Mr. Harnil Oza, says, “We started with mobile apps, but are efficient in delivering a lot of services now. Blockchain technology is a recent innovation that has spread around like a wildfire, and our company has even succeeded in implementing this technology to meet our clients’ needs. We further dream of taking our company to greater heights as we partner with new companies and talented employees.”