Connect with us

Press Release

Cake DeFi Announces New Fiat to Crypto Gateway Capabilities

Published

on

SINGAPORE, Nov 16, 2020 — Cake DeFi, a leading platform for growing cryptocurrency assets, today announced support for swapping 13 major currencies into crypto, by partnering with an internationally compliant and advanced fiat-to-crypto gateway solutions provider.

With this new launch, Cake DeFi is able to provide users from over 150 countries with the widest choice in payment methods and currencies, all the while enabling an intuitive and seamless user experience.

Bitcoin and ether (ETH) can be added to a Cake DeFi user’s account using bank transfer, debit/credit card, Apple Pay, and other preferred payment methods, all within minutes. Users in Europe, Australia and Canada will be able to enjoy zero gateway-fees using bank transfer options.

“After a thorough analysis of providers, we have chosen the most user friendly and cost efficient solution for our users,” said Cake DeFi CEO Dr. Julian Hosp. “Cake DeFi is not just about accelerating crypto adoption, but empowering our users with cashflow from their crypto. We are seriously excited about this new functionality, as it marks a significant milestone in our growth plans.”

Users will be required to perform a quick and simple identify verification, only for their first crypto purchase transaction. Once completed and deposited, users can immediately select a product on Cake DeFi, to start earning high yields on their crypto holdings.

About Cake DeFi

Cake DeFi is a fully transparent and regulated platform focused on building innovative products for crypto, and enabling users to earn cashflow from their cryptocurrency assets. Operating and registered in Singapore, Cake DeFi fully complies with all regulatory requirements of the Monetary Authority of Singapore.

Cake DeFi partners with the largest and most trusted institutional lenders in the cryptocurrency landscape including Genesis Capital – providing users one of the highest yields on its lending products.

By allowing its users to harness the potentials of Decentralized Finance, Cake DeFi’s aim is to onboard the masses onto crypto in a simple and hassle free manner.

To join the community: Twitter and Telegram

For more information, visit CakeDefi.com

Media Contact

David Lin

Head of Business Development,

Partnerships

David@CakeDefi.com

The Bitcoin Daily is one of the most reliable and leading portal about Technology News, Latest Updates, Financial News, Business and any all subjects related to technology and blockchain.

Continue Reading

Press Release

Web Summit 2024: Hyperchains Break Down Blockchain Barriers

Published

on

Hyperchains, the highly-anticipated blockchain innovation, will debut at Web Summit 2024 in Lisbon. This groundbreaking solution democratizes blockchain technology, enabling anyone—from individuals to large enterprises—to create and customize their own blockchain networks with unprecedented ease.

This advanced concept, envisioned by blockchain pioneers, has been in development over several years by the Aeternity Foundation and its ecosystem contributors. Hyperchains mark a significant advancement in blockchain evolution, allowing users to effortlessly create their own chains with no coding necessary, while leveraging the entire æternity ecosystem’s powerful suite of tools including state channels, oracles, NFTs, and advanced smart contract capabilities. With unparalleled simplicity and scalability, Hyperchains empower their creators to integrate secure, decentralized solutions tailored to their specific needs, whether they’re individual developers, startups, or established enterprises.

A Universal Blockchain Solution with Enterprise-Grade Capabilities

Hyperchains offer a unique hybrid consensus model that combines both Proof of Stake (PoS) and Proof of Work (PoW) mechanisms to provide a secure and scalable blockchain experience. By anchoring to established blockchains like Bitcoin, Hyperchains offer initiators a robust and customizable infrastructure, ideally suited for enterprise-grade applications.

The solution redefines blockchain adoption by eliminating traditional barriers of complexity and technical expertise. One of the standout features of Hyperchains is its no-code deployment, which enables anyone to seamlessly launch and customize their own blockchain networks without needing deep technical knowledge or specialized hardware.

Key Benefits

1. Privacy and Security in Blockchain Transactions

Hyperchains have the capability to utilize state channels and zero-knowledge proofs (ZKPs), similar to other components within the æternity ecosystem. These features allow for private off-chain transactions with auditability, addressing corporate concerns around transparency and secure interactions..

2. Seamless System Integration

Hyperchains are designed to integrate with Web2.0 applications like SAP and Oracle Financial, using industry-standard protocols such as ISO20022. This allows for seamless blockchain adoption without the need for specialized expertise and is part of the broader æternity ecosystem’s capabilities. 

3. NFT-Based Identity and Transactions

 Leveraging non-fungible tokens (NFTs) for secure, web3-native authentication systems or multi-signature networks, Hyperchains provide immutable, verifiable identity solutions for both individuals and organizations.

4. Stablecoins and Regulation Compliance

Hyperchains support stablecoins compliant with MiCA (Markets in Crypto-Assets Regulation), making them ideal for anyone concerned about cryptocurrency volatility and legal compliance in regulated environments.

5. Enhanced Scalability and Efficiency

Hyperchains offer scalable solutions powered by state channels and built on Erlang, providing low latency and high throughput at reduced costs. This makes them perfect for applications of any scale, from individual projects to enterprise-level deployments.

6. Use of Oracles and Data Privacy

æternity’s oracles provide signed and trusted on-chain data feeds, ensuring the integrity of critical information without unnecessary data storage on the blockchain. This is crucial for anyone handling sensitive financial data, from individuals to large organizations.

7. Flexible Blockchain Solutions

Hyperchains offer customizable blockchain options for various use cases such as supply chain management, financial transactions, and creative projects. With features like smart contracts, generalized accounts, and multi-signature authorizations, users have the flexibility to scale as needed.

Democratizing Blockchain Technology

“Hyperchains represent a significant milestone in blockchain adoption and accessibility,” said Nikola Stojanow, Chairman of the Aeternity Foundation. “Years of development and refinement have shaped this transformative solution into a platform that works for everyone. While Hyperchains offers enterprise-grade capabilities that make it perfect for business applications, its true power lies in its simplicity and  accessibility—anyone can leverage these powerful tools to build their own blockchain future.”

Experience Hyperchains at Web Summit 2024

Don’t miss the official launch of Hyperchains at the Web Summit in Lisbon, November 11-14, 2024! Meet Foundation representatives and discover how Hyperchains can transform your projects and operations with cutting-edge blockchain solutions.

Find out how you can easily leverage Hyperchains for your blockchain needs by visiting the official website.

About Aeternity Foundation: 

The Aeternity Foundation is a non-profit organization based in Sofia, Bulgaria, dedicated to advancing the æternity blockchain ecosystem through strategic innovation, partnerships, grants, and developer support. The foundation’s mission is to drive decentralized technology adoption across industries with secure, scalable, and open-source blockchain solutions.

Continue Reading

Press Release

Agrifi New Staking Program: Earn Competitive Rewards with Flexible Options

Published

on

Agrifi, the blockchain-powered platform transforming agriculture through cutting-edge technology, is excited to introduce the launch of its AGF token staking program. This new initiative offers token holders the opportunity to earn significant rewards while participating in the growth of the Agrifi ecosystem, furthering its mission to revolutionize the agriculture supply chain through blockchain technology. With the potential for passive income and enhanced engagement in our community, now is the perfect time to get involved.

Staking Framework

Agrifi has introduced innovative concepts in its staking ecosystem to benefit users. We designed the staking system around two main principles: offering AGF token holders the opportunity to earn passive rewards with competitive Annual Percentage Yields (APYs) and providing a variety of flexible staking options.

Staking Mechanism:
AGF token holders can participate in the staking program and earn annual percentage yield (APY) rewards based on the duration of their locked tokens. The staking periods range from 30 to 360 days, with flexible options tailored to the user’s preferences:

  • 30 days lock period with 5% APY
  • 60 days lock period with 7% APY
  • 90 days lock period with 9% APY
  • 120 days lock period with 12% APY
  • 360 days lock period with 18% APY

Staking Program:

Participants in the program will also benefit from dynamic staking options, which enable them to select lock periods based on their desired risk-reward ratio. The longer the staking period, the higher the rewards. Additionally, an unstake fee of 2% applies to early withdrawals, ensuring participants are incentivized to stay committed.

Simplified Process for Seamless Staking

Agrifi’s staking platform ensures a user-friendly experience, enabling token holders to:

  • Easily stake and manage AGF tokens via a decentralized wallet, including MetaMask, WalletConnect, and Coinbase.
  • Monitor real-time information on staked amounts, rewards, and redemption dates via the staking dashboard.
  • Benefit from transparent, automated reward calculations based on the total locked value and staking duration.

Steps to Stake

Step 1 : Connect your wallet using Metamask, WalletConnect, Coinbase, or Rainbow. Please note that staking is currently live only for AGF on the Polygon network. 

Step 2 : Select Stake Now

Click on the “Stake Now” button to proceed to the staking options.

Step 3 : Select Duration : 30, 60,90,120,360 Days -Enter the amount of AGF tokens you wish to stake (ensure you have sufficient tokens in your wallet) and click “Stake.” Fill in the amount you want to stake (ensure you have the tokens in your wallet) & click on stake.

Step 4 : Approve and Stake Amount

Approve the transaction and confirm the amount you want to stake.

Step 5 : Claim Rewards after Staked Duration

After the staking duration is complete, you can claim your rewards.

 Please note that there is a 2% fee for early withdrawals if you decide to unstake before the chosen duration.

About Agrifi

Agrifi is driving an agricultural revolution, harnessing blockchain technology to transform the agricultural supply chain. Our mission is to enhance transparency, efficiency, and sustainability in agriculture while empowering farmers and supporting small-scale agricultural practices.

Join us on this exciting journey to explore the future of agriculture while potentially enhancing the value of your AGF tokens. We’re not just redefining agricultural finance; we’re revolutionizing the future of farming and food production.

Ready to start staking your AGF tokens? Visit our website at https://agrifi.app/auth for detailed steps on how to stake your tokens. Stay connected with us on Telegram, Twitter, Facebook and Instagram for the latest updates and community discussions.

Continue Reading

Press Release

Gamers can Earn up to $5 US Dollars per Shot in New Fast-Action “Hotshot” Shoot-to-Earn PVP Game

Published

on

  • Rapidfire Unicorn reveals “Hotshot” Shoot-to-Earn PVP Game at GamesBeat NEXT Industry Event
  • Hotshot is an online multi-player shooter game where players can make money by shooting each other in the game. Each time a player is shot in the game, in-game tokens are transferred from the balance/score of the play that was shot to the shooter’s balance/score.
  • Fast transaction gaming (FTG) is a new form of play-to-earn (P2E) gaming involving rapid transactions between players. Player-to-player transactions are based on game events – such as a player being shot by another player.
  • Hotshot’s first Alpha Play Day will be in November 2024 and will be announced imminently. Players can already register for the Alpha Play Day at https://www.hot-shot.io/

Hotshot is an online multi-player game of skill where each player can shoot other players to earn in-game tokens from them. Each time a player is shot in the game, tokens are transferred from the balance/score of the player that was shot to the shooter’s balance/score.

Players can sign into the game by email or by signing in with their blockchain wallet.  To play Hotshot, players need to purchase in-game tokens, with each token representing the right to play. Players can purchase in-game tokens in standard amounts of USD $10, USD $20 and USD $50. In-game tokens can be purchased either by credit or debit card, or, by making a crypto asset transfer. Rapidfire plans to accept crypto asset payments on Ethereum, Polygon, Optimism, Arbitrum and Tron blockchains with the following tokens / base currencies ETH, USDT, USDC, MATIC, TRX, SHIB, LINK, OMG, DAI, BAT, UNI, MANA, SAND, AAVE, PEPE, GRT, APE, CHZ, SUSHI, FTM, 1INCH, STORJ, WBTC, IMX, ARB, OP, LPT.

In Hotshot, players enter one of five playground maps to battle against up to 40 players in total. The battle begins – when a player shoots another player, the hit value of, for example, $1 is transferred from the shot player’s balance to the shooter player’s balance. 

Rapidfire Unicorn’s patented Fast Transaction Gaming (FTG) systems enable new types of Play-to-Earn gaming with high earning potential for skilled gamers.

Each available Game playground has an advertised hit value of either $1, $2 or $5 worth of in-game tokens.

Players can take out their winnings, by redeeming their in-game ‘tokens’ for funds and withdrawing such funds from the Game to the credit/debit card or blockchain wallet used initially to purchase in-game tokens and the right to play.

Hotshot can be played in any modern Web browser, both on PCs and on mobile devices. Hotshot will be available in most countries of the World. 

A spokesperson for Rapidfire Unicorn commented: “This is the advent of GigE Gaming. Fast Transaction Gaming (FTG) brings a new economic dimension to gaming. We cannot wait to see the reaction of gamers when they get to try Hotshot this November!”

The first Alpha Play Day will be held in November. The actual date will be announced soon on Hotshot’s social media channels. On Alpha Play Day, the first 300 players to play Hotshot will receive USD $20 worth of in-game tokens for free. Hotshot in-game tokens are redeemable for real cash or cryptocurrencies.

Follow news about Hotshot on these social media channels:

X: https://x.com/PlayHotshot

Facebook: https://www.facebook.com/profile.php?id=61566622851528

Instagram: https://www.instagram.com/playhotshotgame

TikTok: https://www.tiktok.com/@playhotshot

Twitch: https://www.twitch.tv/playhotshot

YouTube: https://www.youtube.com/@PlayHotshot

Telegram: t.me/playhotshot

LinkedIn: https://www.linkedin.com/company/rfuni/

Rapidfire Unicorn Web Site: https://www.rfuni.com/

Hotshot Game Web Site: https://www.hot-shot.io/

For further information please contact the Rapidfire Unicorn Press Office at https://www.rfuni.com/

About Rapidfire Unicorn Ltd.

Rapidfire Unicorn Ltd. is a London-based games studio that develops games, gaming technology and intellectual property focused on fast transaction gaming (FTG). The team behind Rapidfire Unicorn spans from 1980s microcomputer game veterans through to modern online games designers that have been responsible for producing over 40 past games titles.

Continue Reading

Trending