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After Successful VC Rounds, Inery Token is Live On Huobi 

Press Release: $INR is live on Huobi, after successful VC rounds and several strategic partnership announcements. Trading officially opened at 13:00 UTC today, September 28th. The listing is an important milestone for Inery on its journey to revolutionize how data is handled on the decentralized web.

September 29, 2022 – Inery, a decentralized data system envisioned to enable a new paradigm for data management, has listed on Huobi exchange, one of the world’s leading crypto exchanges, supporting over 1000 trading pairs and more than 600 cryptocurrencies. This will help bring Inery’s vision to the markets and onboard more people in its mission to reshape the world through the paradigm shift in data management.

Inery Decentralized Data System

Specifically designed to address database management by integrating blockchain functionalities and distributed database properties, this project aims to enable interoperability between different industries without compromising security, speed, or performance.

Inery Decentralized Data System will enable users to read, write, delete, and control their data, ushering in a new decentralized and secured internet era, where data loss and misuse will no longer be an issue. With a proprietary blockchain running on MEM (memory) nodes, Inery is able to ensure this, while adding a level of encryption guaranteeing data privacy.

Made to not only provide an upgrade to Web3, but also be more eco-friendly and cost-efficient, Inery is a project offering real-world use cases to individuals, enterprises, and governments in the space of healthcare, GameFi, finance, and more. 

The $INR token is the network’s native token, used to secure and empower the Inery ecosystem. 

Successful VC Round, Partnerships, Recognition

The listing comes after Inery carried out successful investment rounds, where it saw VCs like Global Emerging Markets (GEM) invest $50 million. Other venture capital investors to join Inery include Metavest who invested at a valuation of $128 million, Nebulous Holdings AG, Zazen, Menas Global, Cap Lion Point, and Truth Ventures

To develop use cases, Inery also announced strategic partnerships with Sadiqa, Crescotec, NexBloc, and the award-winning global marketing firm – Luna PR.

In recognition of their achievements, Inery has already received prestigious awards in the blockchain space. It was recently accoladed as the “Best Emerging Blockchain Solution” at the Leaders in Fintech 2022 Awards and its CEO Dr. Naveen Singh received the “Blockchain Leader of the Year” award at the prestigious GB Tech Awards. 

Inery is also one of the few projects to have a public testnet launch in August ahead of its listing. Its successful testnet release with over 160 nodes allowed developers to test the different functions and features of its blockchain. With the feedback received, it will move ahead with its mainnet expected to launch in Q1 2023.  

INR is currently live on Huobi with the trading pair INR/USDT. The trading officially opened today at 13:00 (UTC), and withdrawals begin tomorrow, September 29, at 13:00 (UTC).

During the first month of trading $INR on Huobi, traders can provide liquidity in the staking pools for staking rewards and transaction fees. Traders can also benefit from INR trading competitions to win awards in prize pools during the same period. Besides staking campaigns and trading competitions, they will run KOL competitions. Follow Inery’s announcements on Twitter and Discord to stay updated. 

Inery is led by Dr. Naveen Singh, CEO and Founder; Ivan Vujic, CTO and Founder, and Simon Murray, founder of Orange Telecom – CBE and Chairman. Mr. Satjiv S. Chahil, former Vice President of Global Marketing at Apple, recently joined the Advisor board as the new Principal Advisor prior to the $INR listing to help drive mainstream adoption. 

About Inery

Inery is a layer-1 blockchain solution that provides a decentralized, secure, and transparent foundation for distributed database management. Inery envisions a paradigm shift in data and database management by integrating blockchain technology and distributed database synergies.

 

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Cross-chain Platform 3air Launches Token on Mexc Exchange, as it Connects People through NFTs

Press Release: 3air launched its BSC token On Mexc Exchange on September 22nd and is using NFTs for broadband connectivity through its cross-chain platform

 

28th September, Dubai, UAE – Bitcoin-based internet connectivity solution 3air has launched its token today on Mexc Global with the ticker $3AIR. The BSC is bridged for cross-chain compatibility, with two chains already live on its platform. 3air has also launched a marketplace with the goal of a type of NFTs that provides a new form of utility for users across the world as the company continues to help African nations connect to the internet.  

 

What Is 3air?

3air focuses on providing viable broadband coverage and internet connectivity to developing nations using its proprietary broadband internet technology. With the help of one of its new partners, K3 Telecom who is developing the necessary physical infrastructure (mobile internet base stations), 3air is developing the accompanying blockchain-based software to make broadband available to low-connectivity regions. 3air services already are live in Sierra Leone and will expand to the Democratic Republic of Congo, Ethiopia and Nigeria next. 

 

Limitless Connectivity Through NFTs 

3air has devised an inventive new way to turn NFTs into connective devices. Users will now be able to acquire 3air services through the power of their NFTs. 3air has designed two different types of NFTs, each with its own purpose: Connectivity NFTs, and Device NFTs. 

 

Device NFTs

Device NFTs identify the user through their hardware, allowing 3air to provide its broadband services to the holder’s devices. The hardware, its serial number, and other unique info will be identified through an image. The device NFT enables users to utilize their connectivity at various locations, so being connected to 3air by a router at home and at work would equate to 2 devices NFTs. 

 

Connectivity NFTs

Connectivity NFTs relay the exact information about what services are needed to be provided to the Device NFTs. Once users activate the NFT in the 3air marketplace they will choose the type and location of the services that they want. When activated, the NFT will correct its initial intrinsic value from the USD nominated value to the exact service and provider. Once the 3air platform connects to other providers the NFTs will be completely transferable within the ecosystem across all geographic locations & services. 

 

Cross-chain compatibility on OKC

3air has announced that it will deploy its NFTs marketplace on OKC. The platform will enable users new functionalities such as the ability to mint OKC tokens & distribute NFTs with a focus on cross-chain compatibility. 

 

3air users can select OKC from their DeFi wallets, and interact with the NFT marketplace to buy, sell, and store their NFTs in the marketplace. This level of flexibility, and the utility of the NFTs will combine to bring broadband internet connectivity to cities in Africa, and be more accessible to a broader range of users. 

 

3air & K3 Telecom 

Earlier in September 3air and its partner, Swiss-based global telecommunication operator K3 Telecom provided a school in Freetown, Sierra Leone, with free internet connectivity, giving students greater access to educational resources and opportunities.. 

 

3air Token & Listing

3AIR is the only token integrated into the 3air ecosystem and has a current total supply of 830 million tokens to increase value and liquidity. The 3air token launched on MEXC Global exchange on Thursday 22nd November and Pancakeswap is currently being traded against USDT and BUSD.  

 

For more information about 3air and its mission to make the internet available to all, visit its website here.

 

Media Contact

Contact Name: Ruba Aramouny

Contact Email: press@3air.io 

 

3air Socials

Twitter | Discord | LinkedIn | YouTube | Telegram

 

3air is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

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Wanchain Launches Cross-chain USDT XFlows with Bridge Upgrade

Press Release: Wanchain launches the cross-chain XFlows bridge update, bringing native-to-native USDT cross-chain transfers for Ethereum, BNB, and many other top coins. 

 

28th September 2022, London Wanchain has announced its new ‘XFlows’ cross-chain bridge upgrade which will revolutionize trading of the world’s number one stablecoin, USDT, against many other widely used tokens. This new upgrade brings native-to-native USDT cross-chain transfers for Ethereum, BNB Chain, OKC, Polygon, Arbitrum, and more to be announced soon. 

 

What are USDT XFlows? 

USDT is minted natively on more than a dozen blockchains. Until now, the easiest way to move USDT between these chains has been to use centralized exchanges. Users can now use Wanchain’s industry-best cross-chain bridges to execute decentralized, non-custodial native-to-native USDT cross-chain transfers between Ethereum, BNB Chain, OKC, Polygon, and Arbitrum – colloquially referred to as XFlows. USDT XFlows are native-to-native USDT cross-chain transfers between blockchains where USDT is natively minted by Tether.  

 

What Happens to Pre-Existing USDT Bridges?

Wanchain previously developed Direct Bridges, a method that uses a ‘lock-mint-burn-unlock’ method in which native tokens (like USDT) on the source chain would be locked before a mirrored copy, or wrapped token, is minted on the destination chain. To unlock the original token, the wrapped token is then subsequently burned.

 

Powered by Wanchain’s cross-chain bridges, XFlows offers a seamless experience that exists in concert with these pre-existing bridges. When bridging USDT to another network, users will automatically receive native USDT if native USDT exists on the destination chain. However, if USDT does not exist on the destination chain, users will receive wrapped USDT. 

 

The Mechanics of XFlows

When bridging an asset that is minted natively on both the source and destination chains, a lock-mint-burn-unlock mechanism is not a viable option as users will undoubtedly want to receive the native asset, rather than a wrapped version. 

 

With this new solution, when someone bridges their USDT from Ethereum to Polygon, their USDT is first added to a native liquidity pool on Ethereum before the same number of USDT is removed from the pool on Polygon. 

 

Wanchain bridge nodes balance pools of native USDT on Ethereum, BSC, OKC, Polygon & Arbitrum to enable native USDT cross-chain transfers; all without sacrificing security and decentralization. USDT XFlows are executed using the same secure multi-party computation (sMPC) architecture that distinguishes Wanchain’s interoperability solutions.

  

Who Provides the USDT liquidity?

With these new native USDT cross-chain transfers, Wanchain is introducing a new method of liquidity provision that avoids the trappings of centralized liquidity and incentivized liquidity alternatives. 

 

The USDT liquidity that powers Wanchain’s USDT XFlows is provided by users who bridge their USDT to another network using the lock-mint-burn-unlock mechanism. The USDT that is locked on a source chain, before wrapped USDT is minted on a destination chain, doubles as the liquidity powering native-to-native USDT cross-chain transfers.

 

The combination of the lock-mint-burn-unlock and liquidity pool methods is a major innovation in the field of cross-chain technology. The number of wrapped USDT in circulation is always equivalent to the total native USDT locked in liquidity pools across all chains. 

 

As more wrapped USDT is minted, regardless of the network, more native USDT is added to the liquidity pools. These new USDT XFlows are both owned and powered by the users giving them more control over their money, and the network. 

 

Current & Upcoming Bridges 

USDT XFlows are currently supported by direct bridges connecting Arbitrum, BNB Chain, CLV P-Chain, Ethereum, Moonriver, OKC, Polygon, Wanchain, and XDC Network. In the future, Wachain’s USDT XFlows will support native USDT on Avalanche C-Chain and Tron. Additionally, Wanchain is working towards launching XFlows for the second biggest stablecoin, USDC, which would give users coverage for almost all of the stablecoin market. 

 

Media Contact

Contact Name: Temujin Louie

Contact Email: info@wanchain.org 

 

Wanchain Socials

Twitter | Telegram | Medium  

 

Wanchain is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

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Metarun Open Beta is Here: How to Prepare for Web 3.0’s Newest P2E Game

Press Release: Pioneering P2E multiplayer runner game MetaRun is exploding onto the gaming scene with open beta launch, NFTs, 9999 Genesis mysteries, and Whitelisting Event. 

   

26th September 2022, Tortola, BVIMetarun, the world’s first P2E multiplayer runner game, is set to launch this fall, with an official release date scheduled for September 27, 2022. In honor of its release, the team behind the game is hosting exclusive whitelisting events with limited slots available for new community members. 

 

Open Beta Launch Imminent

Following several months of testing, development, and gameplay improvements, the game is ready for the larger public to play in an “Open Beta Launch”. The Open Beta will give the general public an opportunity to play, enjoy, and earn within the game with all of its unique features incorporated into the game. These features include the live marketplace, a full suite of unique 3D NFT characters, and access to its unparalleled game economy.

 

To join the Open Beta testing, the community is invited to participate in its Genesis NFT whitelisting event to leverage a one-time opportunity to purchase Metartun’s 3D NFT characters at a discounted price.

 

Metarun 9999 Genesis Mysteries & Whitelisting Event

The Metarun 9999 Genesis NFT Mystery sale will be the first time Metarun’s unique set of 3D NFTs will be available to the public for purchase. This means that those who are privileged to own one of these NFTs will either be able to play the game or trade their NFTs on the open marketplace.

 

In honor of its launch, Metarun is also planning an exclusive whitelisting event for its Discord community members to get access to exclusive NFTs and more. In addition, during a limited-time pre-release period, players can experience the game for free but without its crypto ecosystem—players will have to wait for the official release for the full experience. 

 

Two Whitelisting events have been launched: A general whitelist for the Genesis NFT Mystery sale and a Metarun NFT Pass with incredible perks attached. To participate in these events, the community will be required to complete some tasks and stand a chance to win a guaranteed slot in the limited Whitelisting event

 

Official Launch Date

With a release date set for September 27, 2022, both the game’s team and players are excited about its official launch. This comes following a $4 million private funding round led by industry leaders including Genblock capital, InnMind Capital, Moonrock Capital, Magnus, AU21, X21, Oddiyana Ventures, among others, proving positive sentiment for the game’s release and confidence in its success. For fans of both crypto and gaming, this season’s game offers something completely fresh in Web 3.0 and gaming.

 

About Metarun 

MetaRun is the World’s first P2E multiplayer mobile runner game with NFT assets. Built on Unreal Engine 5, empowered by the BNB chain. Metarun’s stunning graphics and storyline bring together the best of the traditional gaming experience and blend it seamlessly with state-of-the-art crypto technology. 

 

The game’s internal economic system runs on its native token $MRUN and the virtual currency OPAL and allows users to play to earn, and purchase in-game items and characters skins as NFTs via the native cross-chain marketplace.

 

Metarun has a host of unique characters with upgradable NFT skins, which differ in prices and ROI that players will receive. Open Beta will see 3 characters made available with more to be added soon. 

 

Anyone interested in this exciting new gaming development can sign-up for whitelisting now on the official MetaRun discord channel and follow the steps to pre-register. 

 

Media Contact

Contact Name: Matija Rosovic

Contact Email Address: marketing@metarun.game  

 

MetaRun Links

Twitter | Discord | Medium | Telegram | Linkedin

 

MetaRun is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

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Sparkadia’s AAA-Game NFT Collection Built by Gaming Industry Veterans Now Available to Buy on Rarible

Press Release: Key figures from pioneering gaming studios have launched an Interconnected AAA-game Ecosystem called Sparkadia, which has just released its first-ever NFT sale on Rarible. 

 

22 September 2022, Los Angeles –  Worldspark Studios, the studio behind Sparkadia, has launched its first-ever NFT sale, the “Sparkadia Origin Collection”. Powered by Immutable X, this initial collection of NFTs went live on Rarible and TokenTrove on September 20th, 2022. 

What is Sparkadia?

Sparkadia is an “interconnected ecosystem of AAA-level games, brought together by a central hub world where players can jump between each game to see their characters and stories come to life.” Worldspark describes this hub-and-spoke model as an “arcade”, shying away from the metaverse buzzword and instead describing their hub world simply as the lobby of the arcade. 

Each of their games serves as a metaphorical arcade machine. The goal is to give people an actual reason to visit this virtual space, wanting players to fully immerse themselves in Sparkadia and express their virtual identity through the games they play within it.

Edenbrawl Early Gameplay

Sparkadia’s first game, Edenbrawl, is a frenetic mashup that many are calling “League of Legends meets Rocket League”. The team claims their greatest strength is that Edenbrawl is already fully playable and early feedback from influencers, content creators, and guilds in the space has been overwhelmingly positive. While the game is not open to the public yet, early gameplay footage and recorded play sessions are available to watch on Youtube

Gaming with Blockchain, not Blockchain with Gaming

Key to Sparkadia’s vision is their plan of truly fun games that are enabled by blockchain, not driven by it. They believe that mass adoption comes not with earning from Web3 games, but rather educating players on the benefits of asset ownership and interconnectivity. To that end, they’ve proudly stated that zero assets or NFTs within their first game Edenbrawl affect gameplay, meaning there are zero pay-to-win elements.

 

Additionally, they’ve announced that they are not supporting any passive income or yield generation type assets, believing that players will come because they enjoy playing the games and that the intrinsic utility of fun is more significant to players than potential earning. You can find additional information on their economic model on their whitepaper found here

The Sparkadia Origin NFT Collection

Their Origin collection is a set of 8 individual ‘Hero’ NFTs that when collected in full, provide sweeping bonuses across the Sparkadian ecosystem. Collectors are encouraged to acquire a full set for maximum bonuses including a unique in-game trophy, increased in-game currency generation, and even discounts on their future sales.

Despite the bear market, the Worldspark team was excited to announce their game to the world. With zero community presence prior to the announcement of their sale a month ago, they’ve since exploded in growth, massively growing their following on Twitter, Discord, and Telegram.

The sale is now live and the NFTs can be purchased at Rarible

About Worldspark Studios

Worldspark Studios is a remote game development studio with the singular vision of making the world a little brighter through immersive experiences that fill audiences with optimism and empower everyone to find and utilize the unique spark inside them. Simply put, the company’s goal is to create a world that leaves players happier and healthier than when they first logged in. 

Their team of AAA vets played major roles in creating renowned titles like Destiny 2, Halo, League of Legends, Legends of Runeterra, Valorant, Heroes of the Storm, and many others. For full details on the collection, please visit Sparkadia

 

Media Contact

Contact Name: Chandler Thomlison

Contact Email: hello@worldsparkstudios.com 

 

Sparkadia Links

Website | Twitter | Discord | Explore | Telegram

 

Sparkadia is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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AIBC to Welcome 100 Influencers and Key Opinion Leaders to Malta Summit

Press Release: AIBC Europe is expecting 100 influencers and key opinion leaders at this year’s Malta summit from November 14-18, including AMCrypto, Carl the Moon, James Crypto Guru, and Davinci.

 

September 19, 2022, Valletta, MaltaAIBC is attracting at least one hundred top-tier influencers to its Malta summit this November. Taking place at the Malta Fairs and Convention Center this 14-18 November, the five-day event is set to host 25,000 delegates for an incredible supershow. Following previous success, this year’s summit will welcome an all-star list of industry thought leaders, and offer unparalleled access to premier networking opportunities, conferences, and expos.

Get a taste of what AIBC Malta has in store!

 

AIBC Malta Brings Top Opinion Leaders Together

With a network cultivated from over a decade spent holding successful events, and leveraging incredible opportunities for cross-pollination between its top verticals, Malta Week is perfectly placed to forge meaningful partnerships and break new ground across the blockchain, fintech, and DeFi landscapes. For attendees, the event will provide invaluable access to unique industry insights and next-level connections.  

 

Bringing a diversity of key thought leaders together, AIBC will maximize the potential for projects and companies to leverage a unique opportunity to link to some of the leading minds in the crypto and emerging tech world. Enabling new and upcoming projects, as well as more established companies to gain the reach they require to take their product to the next level.

 

Last Year’s Highlights

Last year saw 13,500 attendees from over 80 different countries gather for the Malta AI & Blockchain Summit which focused on blockchain, emerging tech, and DeFi specifically. The event saw a slew of big names attend, including Michael Saylor, who was a financial backer of the star of the show, Acta Finance, winner of the “Best DeFi project of the year” award. 

 

The event also stared industry leaders including Dextools.io CEO Pablo Ojanguren, Blockchain Center founder Nick Spanos, CEO of emerging digital health network project Solve.Care Pradeep Goel, international NFT artist Talia Zoref, NextBridge CEO Lars Rinnan, and of course AIBC Summit founder Eman Pulis.

 

AIBC Americas Summit Debuts in Toronto 

More recently AIBC held its long-awaited Americas debut in Toronto, Canada, which saw a buzzing hub of thought leadership and industry insight amongst a selection of big names. The summit platformed some emerging projects and innovators from the Medical Metaverse realm to the next generation of digitally enabled education solutions. 

 

Amongst the list of emerging talents from the AIBC Americas were Michael Turpin, Russell Korus, Davin Michaels, Emma Todd, Cal Evans, and Dr. Lawrence Krauss. The star of the show however was prized Pitch winner myLaminin, a Canadian-based blockchain-enabled document sharing, and verification service.

 

Don’t Miss the AIBC Malta Week 2022 

All of the AIBC summits serve as a vital platform for thought-leadership, with a fresh line-up of top influencers spearheading discussions about the future of relevant industries. 

A top-tier cast of conference speakers is already in the works, with some leading influencers and policymakers expected to join the discussion, including AMCrypto, Carl the Moon, James Crypto Guru, and Davinci. With exciting, insightful conversations expected on new crypto projects, gamefi, influencer/affiliate marketing and much more, this year’s AIBC Malta event is one not to miss. 

AIBC Links

Telegram | Twitter | Instagram | Linkedin 

Media Contact 

Contact Name: Max Jones

Contact Email: max.j@sigma.world

AIBC Malta is the source of this content. This Press Release is for informational purposes only. lhe information does not constitute investment advice or an offer to invest. 

 

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Bitcasino to Use Estonian ESTCube-2 Satellite to Send Bitcoin into Space

Press Release: Bitcasino will use the Estonian satellite organization ESTCube-2 to send one Bitcoin into Space in 2023

 

29th August 2022, TALLINN, Estonia – The world’s first licensed Bitcoin-led casino operator, Bitcasino, has partnered with ESTCube-2 to send one bitcoin to space in 2023, giving all its players the chance to be a part of this groundbreaking experience.

 

By playing all of their favorite games on the platform, Bitcasino is giving its players the chance of a lifetime to send their crypto assets to Earth’s outer orbit, becoming part of the satellite’s mission. Everyone can join Bitcasino on this adventure, with the cryptocurrency set to orbit the Earth until the end of the satellite’s lifetime, when it will then help fund the next ESTCube science project.

 

The ESTCube Project

ESTCube-2, a satellite built by the Estonian satellite organization, is composed of space enthusiasts and students, wish to take Estonian space tech onto the world stage. The main pursuit of the ESTCube project is to develop, build and launch scientific nanosatellite missions. In addition to technical challenges, the project aims to promote and popularize science in schools and among the general public.

 

Director of Bitcasino at Yolo Group, Tauri Tiitsaar, said: 

 

“Much like Bitcasino, these brilliant young scientists at Tartu University in Estonia are pushing the limits and want to disrupt the status quo. This resonates with what we at Bitcasino believe in and we want to support the next generation of engineers. This is also a great chance to make history as we’re the first crypto casino to send a Bitcoin to space. We can’t wait to take our players along for the ride.”

 

ESTCube-2 Project Manager, Hans Teras, said: 

 

“We are very excited to partner with Bitcasno as it helps us promote exciting, novel, and inspiring space technology solutions  by developing the satellite and bringing people’s attention to the importance of combating space debris.”

 

The ESTCube-2 satellite is being prepared for launch in the first half of 2023, from the European Spaceport in South America on board the Arianespace Vega-C rocket.

 

About Bitcasino

Founded in 2014, as part of the Yolo Group, Bitcasino has an expansive, quality casino product featuring more than 2,000 games, including slots, table games, and live dealer casinos from some of the industry’s leading suppliers. These are hosted on its proprietary platform, developed by leading designers and software engineers to create the ultimate user experience for players.

 

Bitcasino prides itself on its enjoyable and trustworthy casino and gaming service, with withdrawal times of around 1.5 minutes amongst the fastest in the industry and cutting-edge security measures in place.

 

Bitcasino Links

Telegram | Twitter | Instagram 

 

Media Contact 

Contact Name: Claudia

Contact Email: press@yolo.group       

 

Bitcasino is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

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Hackless Pioneers B2B & B2C Security Tool for DeFi, Saving Nearly $500,000 for Clients

Hackless Pioneers B2B & B2C Security Tool for DeFi, Saving Nearly $500,000 for Clients

Press Release: DeFi protection solution, Hackless, is pioneering a new security tool which has so far saved funds worth just under $500,000 from hacked addresses.  

 

August 10th, London, United Kingdom – ETHLisbon Hackathon winners Hackless has designed a comprehensive security platform which aims to protect the decentralized finance (DeFi) world from targeted exploits, as well as safely migrate funds from individual wallets and protocols under attack.

 

Hackless works at the infrastructure level of EVM-compatible blockchains, uniting several elements from the blockchain ecosystem in order to strengthen a DeFi protocol’s security from the lowest levels of its ecosystem.

 

The platform has three core services which it uses to help defend against exploits and recover funds:

 

  • Watchdog – A mempool monitoring tool which tracks suspicious transactions. 
  • SafeMigrate (B2B) – The first-to-market service which ensures that funds can be successfully migrated from a paused DeFi protocol that is being attacked.

.

  • Conductor (B2C) – A private mining provider that ensures the safe and undetectable migration of user’s funds from compromised wallets.

 

The Hackless team believes this type of active protection is critical to the future innovation in the DeFi space given the substantial increase in the value of assets being locked up in DeFi applications.

 

Serhii Androsiuk, co-founder and CEO of Hackless, commented:

 

“The daunting thing about DeFi right now is that the rising tide of recent security exploits seems to out-speed the adoption and development of DeFi as such. Seven of the ten largest crypto thefts from January 2021 to March 2022 involved DeFi protocols. Frequent brutal exploits of flash loan protocols, cross-chain bridges and individual crypto wallets stress the need for a powerful security tool which is capable of boosting industry’s security level right away. We envision Hackless as a comprehensive platform that offers solutions both for DeFi protocols and individual investors. When used by all types of DeFi players it will enhance the overall protection giving a boost to industry’s growth.”

 

Hackless In Action

Earlier this year, A.I. and blockchain-powered virtual assistant services platform VAIOT was subject to a brutal exploit. Attackers tried and succeeded to take ownership of several of the platform’s operational wallets, containing its native currency VAI, which are critical for the functioning of its services. This resulted in the theft and freezing of several million VAI and tens of thousands worth of ETH and BNB, belonging to both their users and VAIOT itself.

 

The Hackless team integrated with VAIOT, contributing their expertise to the effort to safely migrate the frozen assets from the contract owned by the attacker. Using a variety of techniques and tools utilized in the Hackless product itself, the team were able to successfully help VAIOT recover $400,000 in frozen assets, whilst ensuring both the techniques and their employment remained undetected to the attacker.   

 

This successful case study was followed in quick succession by other examples of Hackless in action. The first involved a user who had their private keys stolen (a theft all too common in the crypto space) following a phishing attack. The attacker then monitored the wallet, draining all funds as soon as they appeared, leaving the user unable to access their NFTs worth ~$4,000. In this case, Hackless was able to deploy two key features of its product, the Conductor and SafeMigrate. The team were able to retrieve all the user’s NFTs to an uncompromised wallet without the attacker being aware.  

 

The second was a similar case, only the amount stolen was significantly higher at $87,000. Deploying the same features, Hackless was able to recover this amount quickly, proving again not only that there is demand for this service, but that their tools work. Consequently, both the Conductor and SafeMigrate form part of Hackless’ core offering, which is now available to the public. 

 

Securing the Future of DeFi with Hackless

Hackless has demonstrated its DeFi security pedigree in the wild. Its mission to provide a robust security layer between Ethereum and its many DeFi protocols, is inspired and facilitated by the experience of its Ukraine-based team. Co-Founders Serhii Androsiuk and Pavel Radchuk have extensive experience in the blockchain space, with both having worked with various DeFi and NFT projects since 2017. Androsiuk is also a veteran of the banking sector, lending his expertise in growing projects to scale to the Hackless team. 

 

This year has seen the beginning of the architectural design for its modular platform, as well as production-ready services. The roadmap this year still has a number of exciting developments to come, including its staking program (Q3 2022), V1 Conductor (Q3 2022) and V1 SafeMigrate (Q4 2022). 

 

Combined with partnerships with leading DeFi projects such as Blaize and Zokyo, Hackless is well positioned to deliver a much needed security solution for the DeFi space.

 

To read more about Hackless and its pioneering solution to protect DeFi assets, visit their website here.

 

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Media Contact Details

Contact Name: Nataliia Maslennykova

Contact Email: contact@hackless.io 

 

HACKLESS is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

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Web3 Telecommunications Startup Wayru Launches Decentralized Internet Network

Press Release: Web3 telecommunications startup Wayru.io is launching its decentralized Internet hotspot network & Genesis hardware devices to usher in a new era of connectivity. 

 

9th August 2022, Miami – The Wayru ecosystem enables anyone to buy its Hotspot Pool Tokens to support the network, or become an even more integral part of the Wayru infrastructure by owning one of the first 1,000 Genesis hardware devices. 

 

The Lack of Connectivity

In 2011 the United Nations released a report declaring that internet access was a human right, citing it as a key means by which individuals can exercise their right to freedom and expression. Despite this seemingly huge step forwards to a more connected world occurring over 10 years ago, only 35% of people in underdeveloped nations have access to the internet.

 

This lack of connectivity in developing nations, largely due to the inaction of a few established telecommunication companies, has opened the door to new innovators like Wayru to pioneer its unique, blockchain-backed solution, and address the long-standing issue. 

 

What is Wayru?

Backed by Borderless, the Algorand Foundation & other Industry investors, Wayru is an emerging Web3 telecommunications startup that has developed a radical new globally-compatible Hotspot network and a hardware device (known as Genesis) for individuals to share their internet connection in exchange for cryptocurrency.

 

The Wayru sharing economy model provides the basic framework for communities, entrepreneurs, and small businesses to build, own & operate Internet networks independently. The network will focus heavily on eliminating the significant operational costs plagued by centralized internet networks. Wayru handles telecommunications, processing, and other transactions on the network using Algorand’s Blockchain.

 

Wayru Founder and CEO Charvel Chedraui stated that: 

 

“The Internet has changed the world more than anything else in history, and providing access to everyone in the world can bring collective changes so massive that are very hard to predict. A decentralized version of how Internet access is distributed today would allow people to achieve digital freedom, economic independence, and community development.”

 

Wayru to Deploy Hotspot Pools

Wayru Hotspot pools are a hybrid network of Hotspots with cutting-edge radio fiber-quality mesh technologies. Starting at first in the heavily populated but under-connected Latin American cities of Quito and Guayaquil, Wayru will deploy Hotspot Pools across businesses, homes, and public areas for millions of people to use. 

 

With no setup cost and a free first month of service for early adopters, the Hotspot pools are the easiest way for individuals to invest in the infrastructure and start earning the platform’s native $WRU token. 

 

 Each pool contains a minimum of 1,000 Hotspots. The pools are tokenized for anyone to invest in by buying Pool Tokens, and the number of ‘pool tokens’ in each pool varies with the pool’s location and the number of Hotspots within it. All rewards are equally distributed among holders, so the more tokens you hold the more rewards you earn.

 

Pool Token Rewards 

For every $100 in revenue generated from using the Network, roughly $40 keeps the Network running, leaving a $60 reward. This is split between Wayru and Pool Token Holders, with Holders receiving exactly two-thirds and Wayru one-third. The first batch will have 10,000 Pool tokens available priced at $50 USD per token. Pool tokens can be bought using WRU, ALGO, USDC, or USD 

 

Genesis Device

The Wayru Genesis device acts as a WiFi hub that lets people share their internet connection for crypto rewards. The devices will go on sale today, Tuesday, August 9th, and are expected to ship in late Q3 2022. The first round of devices will also come with an early-bird reward of between $50.00 and $100.00 worth of WRU, so there is no better time to get in on the ground floor and be a part of the next big revolution of global connectivity.

 

WRU Token 

The $WRU token is a proprietary token running on Algorands blockchain. The full max supply of 10 Billion tokens will be minted as genesis but locked to the network until network usable commences. The token will be distributed as rewards for Hotspot pool token owners, Hotspot operators, and stakers, for their contribution to the network. Just 1% (100 million) of the token supply will be released at the public sale which will take place sometime early 2023, with the remainder dispersed over years as rewards. 

 

The Wayru revolution will kick off on Tuesday the 9th of August with a presale that will offer the first 1,000 Genesis hardware devices and Hotspot Pool tokens to the world. With two very enterprising options available, and a huge gap in the market, the Wayru presale offers a great opportunity for anyone to be a part of the new era of global connectivity. 

 

Media Contact

Contact Name: Charvel Chedraui

Contact Email: charvel@wayru.org 

 

Wayru Socials

Presale | Twitter | Discord

 

Wayru.io is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

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New Web3 Platform Muse Group Opens Second Funding Round on July 13th

Muse-Group

Press Release: Muse Group, a new blockchain startup, has announced the launch of its platform aimed at building a global community of Web3 enthusiasts and social content creators.

 

11th July 2022, London, UKMuse Group has announced plans to form a decentralized autonomous organization (or DAO) with four supporting initiatives, each geared towards bridging the gap between early adopters of blockchain technologies and creatives looking for new channels for inspiration.

 

House of Muse

Muse Group will launch a members club, (dubbed the House of Muse), which will be a worldwide network of exclusive spaces where creative talent and the best blockchain minds can meet, collaborate and create without limitations. 

 

Residing in hotel suites, workspaces, restaurants, and breakouts, these creative hubs will launch first in New York City, then expand further to some of the hottest global cities such as Miami, London, and Sydney. Access to these exclusive communities will be made possible through Muse NFTs, unlocking a suite of utilities for owners across four different tiers.

 

Social Muse App Set for Global Rollout

Social Muse is the Group’s vision for a Web3-enabled creator economy platform that directly connects social media talent with a global network of brands and businesses for easy, transparent, and endless opportunities to collaborate and earn. 

 

The app will first launch in London this summer, and then roll out to New York, Sydney, and Miami in its first phase.

 

Lucas Foertsch, CEO of Muse Group said that: 

 

“Here at Muse Group, we know that Web3, and the new vision of the future of the internet, will revolutionize how we interact with brands and each other. That being said, we also place immense value on interactions in the real world which is why we’ve created an ecosystem that also allows our crypto thinkers and creatives to engage in these exclusive environments. Our goal is to help fuel creativity and continue to bridge the gap between the ‘old’ way and what we know is coming next and here to stay in a way that makes it more accessible.”

 

Future Muse 

Finally, Muse Group also plans to support its communities with their own ambitious web3 projects through its incubator Future Muse, part of a longer-term strategy that provides mentorship and funding in order to support the growth and acceleration of start-up initiatives.

Muse Group has already successfully raised $1.5m at a $20m valuation from a pool of crypto project investors and will be opening its second round of funding on July 13th, through decentralized and community-driven protocol Aelin (app.aelin.xyz).

 

Media Contact

Contact Name: Irena 

Contact Email: hello@musegroup.io   

 

Muse Group Socials

Twitter | Discord

 

Muse Group is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Source

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