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First Ukraine WEMIX PLAY Partner, WECAN to Launch Military Strategy Game “R-Planet” in Q2 2024

Published

10 months ago

on

  • The first full-fledged military-themed strategy game on the market to effortlessly integrate Game Assets like NFTs into almost every aspect of gameplay
  • Game Assets like NFTs and Game Boosts provide a wide range of specific advantages and powerful benefits that greatly expand the realm of gameplay possibilities

Leading global game developer Wemade has unveiled WECAN as the first game studio from Ukraine to join the world’s biggest blockchain game platform, WEMIX PLAY (www.wemixplay.com). WECAN is known for the extensive use of digital innovations such as staking systems, NFTs, DeFi and DAOs in its games, and will launch military strategy game “R-Planet” on WEMIX PLAY in Q2 2024. 

Players begin their journey on R-Planet, a distant sphere of hostile lands, drifting through outer space, along with its tiny satellite Hollow. Its rich deposits of four precious minerals (Enefterium, Caponium, Waxon, WECANite) has made R-Planet an ideal habitat for advanced animals including heroes, and the Ahnangs, an alien race of space pirates. To succeed, players need to create and expand a network of bases and create a strong army by producing and upgrading combat units; joining or creating an alliance to form a powerful community; and finally engaging in battle with enemies.

Effortless integration of NFTs into gameplay aspects

Central to this mission is the utilization of NFTs, making “R-Planet” the first full-fledged military-themed strategy game on the market to effortlessly integrate Game Assets in almost every aspect of the game. Game assets provide a wide range of specific advantages and powerful benefits that greatly expand the realm of gameplay possibilities, and comprise:

  • Land NFTs – among the most valuable NFTs because attaching land NFTs to a base can hugely increase its ability to mine more resources. This is important because minerals are needed for everything from building construction, to producing your robot army, to even building a superweapon. 
  • Game Boosts: There are also single-use NFTs that can do everything from increasing their experience, healing damage and even changing their characteristics. A subset of single-use NFTs instantly speeds up and completes different tasks, like the construction of a building, upgrading of robot troops and even replenishing resources.
  • Hero-related NFTs – Heroes are the major beneficiary of NFTs in “R-Planet”, with various items that can significantly increase their strength, speed, and power. These include rare game items found during quests which provide significant bonuses such as doubling the speed of your troops, reducing in half the time needed to create troop units, and adding a notable bonus to mining.

“R-Planet is a massive undertaking unlike anything that has been done before. We have continued to make additional improvements and innovations over the past year of testing, integrating feedback from our community to further hone the game,” said Nazar Chervinskyi, CEO, WECAN. “We are now ready to present this polished version to global gaming audiences, and are excited by the prospect of collaborating with WEMIX to achieve this goal.”


About WEMADE

Part of the first generation of Korean PC online game developers and Korean mobile game developers, Wemade is at the forefront of the next wave of Web3 game developers that are innovating with blockchain technology. Based on the WEMIX3.0 Mainnet, the WEMIX PLAY blockchain game platform is the world’s biggest with millions of users and a wide range of game genres from card, puzzle, simulation and strategy games; to first-person shooters, battle royale, MOBA, MMORPG, SNG, sports games and more. Visit www.wemix.com/communication for more information. 

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Press Release

How Bitcoin’s price rise has increased the number of cryptocurrency payments 

Published

3 days ago

on

November 19, 2024

By

NOWPayments Announces Significant Gain in Crypto Payments

NOWPayments, a leading crypto payment gateway, is excited to announce the significaте Increase of Crypto Payments since the beginning of November. 

Why Bitcoin took a new ATH in November?

Starting in January 2024, Bitcoin’s price was around $48,717, marking a period of cautious optimism following a tumultuous 2023. Throughout the first half of the year, Bitcoin experienced significant fluctuations as market dynamics shifted, driven by regulatory developments and increased institutional interest. By November 2024, Bitcoin had reached a pivotal moment, hitting an all-time high (ATH) of $75,000 on November 8 and then surging to $89,000 shortly thereafter.

This remarkable growth didn’t go unnoticed by the business world. Companies across various industries quickly recognized the massive business opportunity Bitcoin presented. The ATH sent a clear message: Bitcoin was no longer just a speculative asset but a powerful tool for transactions, store of value, and an entry point into the broader crypto economy.

Businesses’ interest in Bitcoin grew for several reasons:

  • Increased Institutional Adoption: Major financial institutions rolled out Bitcoin-based services, providing legitimacy and opening doors for mainstream use.
  • Global Payment Integration: Bitcoin’s borderless nature appealed to businesses seeking efficient, low-cost cross-border transactions, particularly as inflation and currency instability impacted traditional fiat systems.
  • Hedge Against Inflation: As global economies faced ongoing inflationary pressures, Bitcoin became a preferred asset for protecting wealth, especially for businesses looking to diversify holdings.

Climbing to $75K

The journey to $75,000 began with a series of positive developments in the cryptocurrency market. Following the approval of Bitcoin Spot ETFs and increased institutional buying, Bitcoin’s price steadily climbed. On November 7, 2024, Bitcoin reached approximately $76,999 before closing at around $75,820. This surge was fueled by a bullish market sentiment as investors reacted positively to the election results and anticipated regulatory clarity under Trump’s administration.

Breaking Through $80K

Following its initial surge to $75K, Bitcoin quickly surpassed the $80,000 mark on November 10, 2024. The momentum continued as traders rushed to capitalize on the positive sentiment surrounding the cryptocurrency. By this point, BTC was trading at approximately $80,976, reflecting an increase of nearly 9.64% from the previous day.

Approaching a New BTC All Time High at $90K

As of November 12, 2024, Bitcoin’s price soared to around $89,000. This represents a staggering increase within just a few days following the election and highlights the cryptocurrency’s volatility and potential for rapid gains. The combination of strong demand from both retail and institutional investors has driven BTC prices higher as they anticipate further growth.

How has the new ATH for BTC led to an increase in crypto payments?

We decided to analyse how the rise in the price of the main cryptocurrency – BTC affected the number of payments. NOWPayments team took the number of payments before the U.S. election and compared it with the data after the Trump has won. The result exceeded all expectations. Thanks to the growth of BTC from $72,729.89 to $90,750.94, the number of payments increased by as much as 8%. This significant change indicates the increased interest in cryptocurrency and the correlation of BTC price and cryptocurrency usage.

  1. Correlation Between BTC Price and Crypto Payments:

The 8% increase in the number of payments demonstrates a clear correlation between Bitcoin’s price growth and the rising adoption of cryptocurrency for transactions. As BTC’s value surged, so did user engagement with crypto payments.

  1. Increased Interest in Cryptocurrency:

The significant rise in payments highlights growing public and business interest in cryptocurrencies as a viable payment method, especially during moments of market optimism fueled by events like the U.S. election.

  1. Market Events Drive Crypto Adoption:

The post-election Bitcoin rally, combined with its ATH, underscores how political and economic events can directly impact crypto adoption, encouraging more users to explore cryptocurrency as both an investment and a practical payment tool.

About NOWPayments
NOWPayments is a leading crypto payment gateway providing easy and secure payment solutions for businesses around the world. With support for over 300 cryptocurrencies and features like auto coin conversion, donation widgets, and e-commerce plugins, NOWPayments offers flexible and robust payment tools for businesses of all sizes.

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Press Release

Mizzle Partners with InFlux Technologies to Power DePIN Platform with Decentralized Cloud Infrastructure and Advanced Computing Resources 

Published

3 days ago

on

November 19, 2024

By

  • Partnership to provide decentralized computing resources, enhancing platform scalability, security and high availability for distributed services


InFlux Technologies (Flux), a leading global decentralized technology company specializing in cloud infrastructure, artificial intelligence, and decentralized cloud computing services, today announced a partnership with Mizzle, a pioneering decentralized physical infrastructure network (DePIN) platform.

Under the partnership agreement, Flux will provide decentralized computing resources including CPU, GPU, storage and network capacity as required by Mizzle for its platform operations. This includes support for distributed applications and services, ensuring high availability, scalability and security. The agreement also includes monitoring and management of Mizzle’s infrastructure to ensure optimal performance along with maintenance and upgrades of the infrastructure as needed. Mizzle will work toward an estimated spend of $500,000-plus per year post-launch, with an estimated launch of January 2025.

“This partnership represents a key step in our commitment to delivering decentralized computing solutions at scale. By supplying Mizzle with essential resources, we are ensuring the platform’s ability to maintain high availability, scalability, and security. This agreement highlights the growing demand for decentralized infrastructure and demonstrates its practical applications in supporting distributed services,” said InFlux Technologies CEO and Co-founder, Daniel Keller.

Mizzle is a hyper-efficient CI/CDwith no-code development operations which simplifies server management allowing teams to innovate and scale without operational hurdles. Its confidential computing experience carries unmatched security with TEEs, eBPF and decentralized cloud compute, keeping data and operations fully protected. Mizzle has advanced storage and benefits from decentralized cloud storage enhanced with zero knowledge proofs and fully homomorphic encryption. The company is quantum ready with edge computing, is IoT-ready and committed to green computing.

Flux ensures a minimum uptime of 99.99% of decentralized infrastructure services, barring any outages or maintenance windows and offers technical support to integrate and manage the compute resources. Flux offers data security and compliance and complies with all relevant data and security regulations, ensuring the infrastructure is designed to meet regulation standards.

“We are excited to partner with InFlux Technologies, taking a key step toward advancing decentralized cloud solutions. By combining Mizzle’s technology with Flux’s expertise, we will drive greater value for enterprises and governments worldwide. Together, we are shaping the future of decentralized applications and empowering innovation across the ecosystem.,” said Founder of Mizzle Arjun Mishra.

About Mizzle


Mizzle is a DePIN platform designed to empower developers with no-code DevOps. We enable atomic and horizontal scaling of compute and storage, ensuring unparalleled flexibility and performance. Our platform combines advanced AI-driven infrastructure management with trusted execution environments (TEEs), leveraging eBPF technology for real-time protection and monitoring. We also incorporate state-of-the-art cryptographic techniques, including Fully Homomorphic Encryption and Zero-Knowledge Proofs, to guarantee maximum data privacy and security. As we move into the quantum era, with a strong commitment to Green computing (ESG), Mizzle is your trusted partner for scalable, secure, and efficient decentralized infrastructure.

For more information, visit the company’s website at www.mizzle.io.

About InFlux Technologies

InFlux Technologies (Flux) is powering a decentralized Web3 cloud infrastructure composed of user-operated, scalable, and globally distributed computational nodes. Flux provides the critical, high-availability infrastructure for the New Internet. The Flux service offers a fully decentralized alternative to some of the world’s largest cloud infrastructure providers while offering competitive pricing. Flux is committed to developing disruptive solutions that empower individuals and businesses in the blockchain industry, emerging technologies like AI, and the broader technology space worldwide.

For more information, visit the company’s website at www.runonflux.com.

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Press Release

Digital Assets Underinsured: Report Identifies $19 Billion Coverage Deficit, Less Than 3% Secured

Published

4 days ago

on

November 18, 2024

By

A recent report, Furthering Digital Assets 2024: Pioneering Insurance Solutions for the Web3 Era, highlights a substantial coverage gap in digital asset insurance, revealing that only 3% of digital assets are currently insured. This gap leaves billions at risk, with an estimated $19 billion in losses from fraud and security breaches since 2011.

The report emphasizes significant incidents that illustrate the vulnerability in the sector. These include a $650 million breach at Ronin in March 2022 and a $614 million loss from PolyNetwork in August 2021. As investments in digital assets increase, so does the call for comprehensive risk management solutions, particularly from institutional stakeholders.

With more than 90% of crypto hedge funds expressing a desire for mandatory insurance on exchange-based assets and around 40% of institutional investors now holding cryptocurrency, the demand for tailored insurance products is clear. Further Ventures, the report’s creator, points to a growing interest from institutions seeking ways to protect their digital assets through robust insurance policies.

The report also sheds light on recent regulatory responses. The Hong Kong Monetary Authority (HKMA), for example, has set mandates for digital asset custodians, requiring 50% insurance coverage on cold storage and 100% on hot wallets. Despite these initiatives, high premiums remain a challenge, with average rates around 0.5%-5% for custody insurance and 5-10% for slashing events and Directors & Officers (D&O) policies.

According to the report, addressing the insurance gap in the digital assets industry will likely require innovation in policy structure, more accessible premium rates, and a regulatory environment that supports the development of effective, comprehensive solutions. As the sector evolves, insurance options may play a critical role in fostering institutional confidence and broader adoption of digital assets.

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