LedgerX: Mystery Investor Has High Hopes for Bitcoin 142

According to digital assets platform LedgerX, an anonymous investor or group of investors has bought substantial options contracts from the company. The Wall Street Journal report that the “calls” give the buyer the right to purchase Bitcoin next December for $50,000. The contracts were purchased for an impressive $1 million.

This trade represents the first call of its kind on LedgerX. It was placed over a 24 hour period which culminated at 9pm GMT on December 20. LedgerX cannot be sure exactly who the buyer or potential buyers are from their records, and also are unsure whether it was placed as a single trade, or in multiple transactions.

For those who’re unfamiliar with options trading, we’ll simplify things. The upshot of the trade is that if Bitcoin is below $50,000 this time next year, the options expire. This will mean the trader or traders loses their $1 million stake. However, if the price is anything above this, they’ll make a varying degree of profit on arbitraging the cryptocurrency. This is because the contract gives them the right to buy 275 BTC for $50,000 each. This would cost them $13.8 million, and the digital coins can then be sold at whatever the market rate is at the time.

Despite the plunge in price this week, the outcome the mystery buyer is hoping for from the LedgerX trade still doesn’t seem so improbable. They’re betting on a much smaller rate of growth than that experienced by Bitcoin in 2017. From  today’s price of $13,600 at the time of writing, to $50,000 would represent a growth of just over 3.6x. The previous twelve month period has seen the price of Bitcoin rise from $904 to around today’s price. With this year’s total growth being over 15x as perspective, the LedgerX trade seems much less wild.

With much greater mainstream attention, and various other financial products poised to launch next year surrounding the cryptocurrency space, it’s likely that there will be at least some return to the upside price pressure many thought would last well into 2018. LedgerX themselves have a secretive new project that they’ve been working on for some time. According to a blog post on their website, those behind the trading platform are close to launching what they consider to be Bitcoin’s killer app:

LedgerX has been working the last 2 years on what we think is a fundamentally new use case. There is a reason my wife and I spent so much time thinking about microfinance in college — how do we give access to financial services to the poor? Bitcoin offers that promise. I would urge restraint on cryptocurrency speculation, but I know that it’s a useless exercise. After all, that’s not how bubbles work.

 

 

 

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Changelly surpasses 7 million users, celebrating its 9th anniversary 7038

Changelly, a global crypto exchange platform, marks its 9th anniversary with a new milestone of over 7 million registered users worldwide. Established in 2015, Changelly has become the leading crypto exchange platform and the trusted exchange API partner for over 500 Web3 companies.

Through precise market analysis and never-ending innovation in product development, Changelly has thrived through several crypto winters and dedicated itself to developing a sustainable and secure exchange infrastructure to simplify access to crypto. Anniversaries are the best time to reflect, so the platform has presented its key achievements and future plans for the year ahead of an even bigger landmark — its 10th anniversary.

Driving a User-Centric Narrative: Expanding the Assets and Products

‘Anything to anything’ is a concept Changelly implemented within its product portfolio, offering plenty of swapping options for all popular and trending coins, blockchains, and trading pairs. Since its previous anniversary, the platform’s listing strategy has resulted in 208 new listings, marking an impressive 130% year-on-year increase.

Security is the cornerstone of Changelly’s operations across 150 markets: the company strictly adheres to security protocols and does not store user funds. While providing ease of authentication, the exchange platform pays special attention to security checks and assists users in returning stolen funds in case of hacks and fraud.

The Changelly team prioritizes the optimization of the customer experience for its core exchange product. Its mobile app helps its users swap crypto-to-crypto and fiat-to-crypto on the go at the most competitive market rates, thanks to partnerships with over 20 crypto trading platforms.

Besides, the platform is dedicated to regular updates and enhancements to its UI/UX design, ensuring it’s user-friendly for all expertise levels: the smooth usability and onboarding experience is proven by the fact that Changelly saw a growing percentage of mature audience (50+ years old).

Overall, Changelly has grown a dedicated community by educating users with the Changelly blog that provides helpful guides, an informative Crash Course, and price predictions for over 1.5M monthly readers. Meanwhile, the dedicated 24/7 live customer support reached an average response time of less than one minute and strives to help users with every issue they may face.

Harnessing Crypto Payments and Exchange API for Global Business Growth

Building a CeDeFi ecosystem, Changelly expands its product portfolio with solutions that synergistically help businesses benefit from the advantages of Web3 and blockchain with no limits and borders.

With confident leadership in its core category, Changelly, as a provider of crypto-to-crypto and fiat-to-crypto exchange APIs, has won the trust of the crypto industry leaders — Ledger, Trezor, Exodus, Tonkeeper, Tangem, and many others. For its partners’ growth, Changelly expands the variety of available assets, improves swap pricing, and offers 0% service and flexible exchange fees.

Last year, Changelly completed its ecosystem with the merchant payment solution Changelly PAY, which offers custom crypto checkouts for 80+ crypto coins and tokens with instant settlement and flexible fee management. Among other remarkable achievements in 2023, there was a launch of the fiat on-ramp API to meet the growing market demand.

Not Afraid to Face Challenges and Level Up

Speaking of the future of Changelly, its CEO Jake Cormack comments: “Our priorities are to develop our products, list new tokens across different chains, and serve users on a global scale. We are working on expanding our presence and reaching new markets with tailored offers. From the B2B perspective, Changelly will continue to grow the partner network for the exchange APIs and focus on the merchant payment gateway, on-ramp, and off-ramp solutions.”

About Changelly

Changelly is a global crypto exchange platform serving over 7 million users worldwide. Founded in 2015 and headquartered in Hong Kong, Changelly offers safe and fast crypto-to-crypto and fiat-to-crypto exchanges of over 100,000 trading pairs with 24/7 live customer support. As a CeDeFi ecosystem, Changelly provides its B2B partners with an instant exchange API, a platform for listing, and a DEX aggregator for decentralized swaps.

Mayan Raises $3M Led by 6MV and Borderless, To Bring Trust, Low Cost and Speed to Cross-Chain Trading 7017

Mayan, the pioneer in auction-based cross-chain swaps, announced today the successful closure of a $3 million Seed Round co-led by 6th Man Ventures (6MV) and Borderless Capital. Notable participants in the round include Solana Ventures, Hash3, Big Brain Holdings, Arrington Capital, and Wormhole Cross-Chain Ecosystem Fund as well as notable angels including Anatoly Yakovenko, co-founder of Solana and Saeed Badreg, co-founder of Wormhole Labs. This funding milestone will fuel Mayan’s mission to optimize the web3 trading experience by addressing the critical issues of transparency, speed and cost in the cross-chain user journey.

“Ultimately, I envision Mayan evolving into a fully permissionless venue for trading any kind of crypto assets, whether Fungible Tokens or NFTs. We’re excited to drive innovation in the intent-centric multichain future, enhancing blockchain interactions for all web3 users,” said Mo Elahi, co-founder of Mayan.

In the rapidly expanding crypto space, dominated by chain proliferation and liquidity fragmentation, asset mobility poses significant challenges. Mayan’s user-friendly swap protocol provides a solution. It enables institutions and retail users to seamlessly move assets across blockchain ecosystems, facilitating participation in native functionalities. By prioritizing transparency and efficiency, Mayan’s protocol effectively matches traders with the best rates and settlement times, addressing the inefficiencies of the current landscape.

“Mayan has created a novel auction-based model to enable cross-chain crypto participation for both retail and institutional traders. They’ve impressively become one of the top cross-chain protocols by volume in less than a year, growing rapidly by providing fast, low-fee transfers. Mayan is seeing increased adoption and integration in the most trusted protocols in crypto, including Jupiter, Drift, MarginFi and Backpack, due to the robust architecture and terrific user flow,” said Mike Dudas, Managing Partner, 6th Man Ventures.

Mayan has already achieved impressive growth since its mid-2023 launch, surpassing $470 million in volume and establishing itself as a core connector between major crypto networks. Its seamless integration tools are powering inter-chain swaps on Drift and MarginFi, while other projects like Backpack use Mayan’s open-source SDK with custom UI for in-wallet cross-chain swaps.

Mayan’s intent-centric cross-chain protocol leverages Wormhole message passing to connect Solana, Ethereum, and the top EVM-compatible chains, is a new innovative way to enable seamless swaps of assets across diverse networks. Mayan’s English auction model matches users with bidding drivers, which are deep liquidity market makers, to achieve swift and favorable execution with the most optimal outcome on both ends. By harnessing the speed of Solana, Mayan holds on-chain auctions that settle in seconds.

“Mayan is at the forefront of the emerging cross-chain economy with an innovative auction model, which allows for the seamless swapping of assets across a wide range of networks, settling in seconds. Mayan’s commitment to secure, transparent, and efficient auctions not only benefits users and traders but also strengthens the overall ecosystem,” said Alpen Sheth, Partner, Borderless Capital.

Mayan’s roadmap includes further improvement of the cross-chain user experience, moving to completely permissionless and transparent auctions, deploying to more networks, and expanding its capabilities to include NFTs.

Users can experience seamless cross-chain swapping with Mayan by visiting: https://mayan.finance/

About Mayan

Mayan is an intent-based cross-chain protocol that utilizes auctions to provide the best possible swap rates for every trade. Powered by Wormhole message passing, Mayan seamlessly connects Solana, Ethereum, and major EMV-compatible chains such as BSC, Polygon, Optimism, Avalanche, and Arbitrum. With its robust API and pre-built widget, Mayan enables any website or dApp to offer cross-chain swaps almost instantly. As the most optimal decentralized venue for trading crypto assets, Mayan ensures a frictionless experience across diverse ecosystems.

Cardano Spot & TapTools Join Hands For News & Data Sharing 7031

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Cardano Spot offers its News API to Cardano native projects for free. Meanwhile, the TapTools platform leads the data aggregation for Cardano markets.

Singapore (1st April 2024): Cardano Spot is thrilled to announce a partnership with TapTools, Cardano’s native assets data aggregator. Cardano Spot, the first Cardano Social network, strives to educate and spread awareness about the ecosystem. This collaboration focuses on bringing the latest crypto news to the community.

Enhanced Visibility

The partnership is a significant move towards fostering a better understanding of the Cardano ecosystem, using accurate data and news updates within the Cardano community. Cardano Spot and TapTools facilitate comprehensive information and data insights to empower degens.

“Cardano Spot aims to educate the community and onboard new users to the ecosystem. Our strategic partnership with TapTools will optimise our efforts to provide accurate data reporting and enhanced news articles. Our News API brings the latest updates from the Cardano blockchain and its native projects. This collaboration further complements community-generated content and brings more engagement on both platforms,” stated Anuj Chaudhary, Content Head of Cardano Spot.

“Integrating Cardano Spot’s news articles into our platform is a great step forward in spreading awareness, and we’re thankful to be working together to provide great news and updates to the community,” said James Cadena, COO & Co-Founder, TapTools.

Educational Content

The collaborative effort is to create informative content to educate the community about several aspects of Cardano’s decentralised finance (DeFi) segment. Both entities work closely with the native projects, guiding the ecosystem to the next level. TapTools has consistently demonstrated its commitment to simplifying the Cardano ecosystem, making it more accessible to users.

Mutual Collaboration

This collaboration depicts just the beginning of what promises to be a series of impactful synergies between Cardano Spot and TapTools. Both entities share a mutual goal of enriching the Cardano experience for users. Reporting on the latest developments with accurate data will help to create impactful content and research papers.

In a nutshell, the partnership between Cardano Spot and TapTools signifies a shared commitment to promoting transparency, accessibility, and education within the Cardano ecosystem. Through this collaboration, users can expect enhanced access to timely and informative content, further empowering them to engage with and understand the evolving landscape of Cardano.

About Cardano Spot

Cardano Spot is an emerging Web3 social media platform developed with the Cardano community at its core. It is a home for Cardano enthusiasts, where users can stay updated with the ecosystem. They can also grow through insights into the market and connections with the community.

About TapTools

TapTools is an all-in-one data platform for Cardano native assets. The TapTools Pro suite comes with important tools like hot wallets, wallet profiler, volume profiler pro, and distribution pro. These tools are crucial for serious investors and traders. TapTools offers personalised watchlists for tokens, wallets, and CNFTs.

For media inquiries or further information, please contact:
Mozhalova Oleksandra
PR/Marketing Manager
[email protected]

Vircrum – Where Ideas Take Flight: Your All-in-One AI Solution for Transforming Text to Image, Voice, and Video 6595

Vircrum revolutionizes content creation, translation, and summarization, empowers visual storytelling and data visualization, enhances accessibility and language learning, and amplifies content marketing and educational efforts.

$VCRM Fairlaunch Details:

  • Fairlaunch on Pinksale starts from:- 12:00 UTC 15/04/2024 
  • Buy here: https://www.pinksale.finance/solana/launchpad/FMJbcLoGsJ4QxuPcXUXSNCZrqBdbnVth2XBfhDxRt4uF
  • Contract address – J4LKD1TwqZPJMC4FT3ZMikFZE9T4pwYA9MXyhNvd6jcY 
  • View MEOWWIF contract on solscan :- https://solscan.io/token/J4LKD1TwqZPJMC4FT3ZMikFZE9T4pwYA9MXyhNvd6jcY

Vision: Empowering individuals and businesses to unlock their full potential through seamless integration of advanced AI technologies.

Mission: At Vircrum, our mission is to revolutionize the way people interact with technology by developing cutting-edge AI solutions that simplify tasks, enhance productivity, and enrich lives. We strive to create a future where AI seamlessly integrates into everyday life, empowering users to achieve more while fostering innovation and positive change across industries. Through relentless innovation, ethical practices, and a commitment to excellence, we aim to be at the forefront of the AI revolution, driving forward progress and shaping a brighter, more connected world.

Pool Info

  • Toatal supply :- 1,000,000 (VCRM) 
  • Tokens For Presale:- 400,000 (VCRM) 
  • Tokens For Liquidity: 193,800 (VCRM) 
  • SoftCap: 20 SOL 
  • Duration: 15th to 18th April (20:00 UTC) 
  • Listing On: Raydium AMM V4 
  • Liquidity Percent: 51% 
  • Liquidity Lockup Time: 365 days after pool ends

Socials:
Official website:- https://www.vircrum.com/
Twitter:- https://x.com/vircrum
Telegram:- https://t.me/vircrum

0G Launches Newton Testnet of Ultra-Scalable Modular AI Blockchain 6494

0G Labs is pleased to unveil the launch of the testnet for 0G, the modular ultra-high data throughput blockchain optimized for on-chain AI. The network is now available for node operators, developers and the community to join and provide feedback for an upcoming mainnet launch in Q3 2024.

0G, or ZeroGravity, is a modular blockchain that aims to alleviate the major pain points of using blockchain for AI, where data and execution requirements outweigh the current market offering by several orders of magnitude. The modular architecture enables 0G to offer a lean and performant network, unencumbered by legacy consensus algorithms, unrelated use cases sharing the same block space, as well as on-demand scaling.

Demand for on-chain AI is growing due to its promise of offering reliable and credibly neutral training and execution of neural networks. According to a report by KPMG, the vast majority of global corporate executives see AI as one of the fundamental technology breakthroughs that will impact their business in the near future. However, adoption risks abound — including potential intellectual property issues, personal data sharing, lack of regulatory frameworks and biases in generative AI models.

Via immutable and verifiable storage and execution environments, blockchains offer a promising solution to address the many challenges of AI. By making AI workflow decentralized, it democratizes the technology and makes it accessible to more people and organizations. By distributing data across multiple nodes rather than centralizing it in a single location, decentralized AI can help protect sensitive information from hacks and breaches. It also enables fair distribution of rewards to the contributors in the entire workflow, e.g., to data, model, and computation power providers, respectively. The distributed ledger and cryptographic technologies can further give more transparent ways to track the AI generated data to help people distinguish between the authentic original data and deepfakes. In addition, blockchains can help achieve a balanced approach to manual interventions in the models’ results, which sometimes can miss the mark.

Existing infrastructure solutions are still insufficient for massive on-chain AI adoption, which is why 0G is building the next-generation blockchain infrastructure for AI. With benchmarks of over 50 Gpbs data throughput, compared to existing rates of 1.5 Mbps on Ethereum-based scaling solutions, 0G offers an incredible improvement in its baseline form, while the modular architecture promises potentially infinite scalability down the line.

“The public launch of our testnet marks the first stage of bringing AI on-chain, which will combine two of the most exciting technologies that emerged in the past decade,” said Michael Heinrich, CEO of 0G Labs. “Our team has worked diligently over the past months to deliver our vision of the ultra-scalable modular blockchain, and we’re really excited to see the feedback from the community of users and developers.”

The 0G testnet launch comes shortly after 0G Labs closed its $35M pre-seed round, which was originally intended to collect $5M to bring an MVP of the idea to market. The round, led by Hack VC, saw participation from many influential investors primarily in the Web3 space, including Bankless, Polygon, Delphi Digital, TRGC, Dao5, Symbolic, BlockChain Builders Fund, Dispersion, Daedalus, Gumi Cryptos and many more venture funds and angel investors.

About 0G

0G, or ZeroGravity, is a leading Web3 infrastructure provider that is building the leading modular AI blockchain creating solutions to implement on-chain AI applications in the Web3 ecosystem. The platform achieves high data availability through its unique architecture separating data storage and data publishing. By ensuring throughputs of 50 GB/second, a full 50,000x faster than competitors, and a cost that is 100x lower, 0G has positioned itself as a leader in bringing high data use cases, such as scalable L2s and modular AI, into the Web3 ecosystem.

Tanuki Announces “Cheeky” Memecoin Launchpad on Solana and Live Token Presale 6626

Tanuki launched recently on Solana, aiming to “redefine the meme game and bring unprecedented joy to the community” through the Tanuki Launchpad supporting reliable memecoin projects. The platform’s native token, $TANUPAD, is now available for presale.

The project has a laidback approach to the crypto cosmos, promoting fairness and transparency for all while communicating in a humorous, “cheeky” tone. Its mission is to empower genuine meme projects and accelerate innovation in the blockchain space via the $TANUPAD token, available in a total supply of 2 billion tokens.

One of the platform’s standout features is the Tanuki Launchpad, supporting the most used blockchains, including Solana, Ethereum, BNB, Avalanche, Arbitrum, SEI, SUI, Cardano, and Metis. By fully embracing network diversity, the launchpad can support numerous projects during their first steps into the cryptosphere and showcase their potential to a broader audience.

The $TANUPAD token fuels the growing Tanuki ecosystem and provides holders with numerous benefits. For example, holding $TANUPAD gives governance influence and a say in the project’s evolution. Moreover, holders can access potential earning opportunities by staking and farming their tokens and exploring the many lucrative opportunities on the launchpad. The platform does not impose KYC for token holders participating in IDOs, allowing for greater investor diversity.

No less than 45% of the 2 billion $TANUPAD tokens are available for the presale, which is now live. The token is listed on major exchanges, including Gate.io, Raydium, MEXC Global, LBANK, and HTX.

Tanuki’s commitment to complete decentralization is visible in its smart contract code, which was stripped of all minting and freezing features. This means the owner relinquishes all control and guarantees a fair and transparent use for all participants.

Another feature that sets Tanuki apart from numerous memecoin projects is its setup system, which controls participation in launchpads and prevents possible dumps. Additionally, the platform protects project launches from potential rug pulls through advanced safety systems. These security measures distinguish Tanuki as a reliable launchpad for projects that are not counterfeit or deceptive.

About Tanuki

Tanuki launched in 2024 with the goal of becoming a beacon of transparency and trustworthiness among memecoin project launchpads. To this end, it commits to fostering an inclusive and collaborative ecosystem that enables projects to raise funds, connect with investors, and gain widespread adoption across multiple blockchain networks.

The project benefits from an expert team of professionals building its path toward global visibility and use. One of their objectives is to establish a robust and loyal community and engage with it via social media channels, such as X (Twitter) and Telegram.

Following the ongoing presale, Tanuki will seek to obtain more listings on decentralized and centralized exchanges, introduce the staking platform, and integrate SUI and SEI networks with its launchpad. Future plans include the launch of its proprietary DEX, Tanuki Launchpad Swap.

So far, Tanuki has successfully passed an audit with SolidProof, one of the industry’s top auditors.