Connect with us

Press Release

PhoenixDAO: A blockchain ecosystem with a suite of DeFi products has launched it’s novel DAO platform

Published

4 years ago

on

The ever-growing popularity of decentralized finance gives unique projects like PhoenixDAO strong growth potential. PhoenixDAO is a community-based DeFi enabling platform intending to revolutionize digital identity and authenticity. 

So far, the planned Phoenix ecosystem consists of solutions in the areas of identity, payments, tokenization and dApps. Team members have already launched the staking dApp and are hard at work on preparing other products for release to create a complete DeFi enabled ecosystem. 

Here’s how PhoenixDao intends to usher in a rebirth of digital identity and power the virtual economy. 

Phoenix DAO

The DAO platform permits self-sustaining governance by ensuring a 1 person 1 vote system for decisions that affect the entire ecosystem. Currently users will need to hold 10,000 PHNX to make a proposal and are required to stake a minimum of 1,000 PHNX to vote. However, participating by making a proposal or voting gives a 20% of return on the amount of PHNX used to vote. 

Phoenix Staking 

The staking protocol is first in a number of PhoenixDAO dApps. The tool allows users to earn immediate interest at up to 20% APY after staking the native PHNX token. V2 of the platform plans to let users participate on the DAO through the PHNX token and will be rolling out a liquidity farming feature. Stakers can customize the amount of days and PHNX they wish to stake and receive instant rewards after the transaction processes. An early withdrawal feature lets users pay a fee in PHNX to unstake before the contract ends. Check guide to see how to use the dApp

Phoenix Identity

The Identity protocol lets users create and link virtual identities across different APIs, applications, and DeFi-based dApps. Resting at the center of the entire Phoenix ecosystem, the ERC-1484-powered framework allows for decentralized identity management on and off chain. All Phoenix identities that are created by users are immutable and tied to cryptographic keys stored on an individual’s device, with a public ID stamped on the blockchain. The ability to tie any Ethereum address to this decentralized ID or share data in a secure manner resolves many current issues with centralized ID management, like verification difficulties and the risk of identity theft or hacking. 

Phoenix Authentication 

Phoenix Authentication is a blockchain-based two factor authentication tool used to verify app logins and for transaction approval. Keys are only stored on the user’s device, which eliminates the potential for centralized database breaches that could expose sensitive information. Team members intend to utilize the blockchain to eliminate overreliance on third parties while still ensuring users can easily sign-in to applications. Developers can also utilize the Phoenix Authentication protocol to build two-factor authentication systems that are easily functional for a wide range of users. 

Phoenix Payments

Phoenix Payments is a collective of open-source Ethereum-based smart contracts to facilitate payments without the use of a third-party. Payments are secured by the Phoenix Authentication and Identity solutions. The Payments protocol is essentially crypto-agnostic even though the PHNX token resides at the center of the system, thanks to the incorporation of other protocols and technologies. All Payments smart contracts are free for developers to use and integrate in their own projects. 

Related Topics:

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

StealthEX Now Offers 2,000+ Cryptocurrencies for Instant Exchange

Published

1 day ago

on

June 5, 2025

By

StealthEX has achieved a groundbreaking milestone in its mission to democratize crypto exchanges: the platform now supports instant exchanges between 2,000 cryptocurrencies. This exponential growth represents not just a numerical increase but a fundamental expansion of possibilities for crypto enthusiasts, traders, and investors worldwide.

In a crypto ecosystem where accessibility often determines success, StealthEX continues to eliminate barriers between users and the vast digital asset landscape. This latest expansion marks an increase in cryptocurrency selection, solidifying StealthEX’s position as one of the most comprehensive instant crypto exchange platforms.

The Expansion Explained: How StealthEX Has Transformed the Crypto Exchange Landscape

The journey to 2,000+ cryptocurrencies reflects StealthEX’s unwavering commitment to creating the most inclusive crypto exchange environment possible. This expansion opens doors to entire blockchain ecosystems previously difficult to access.

Through strategic partnerships with leading liquidity providers, StealthEX has integrated hundreds of additional tokens spanning DeFi innovations, metaverse projects, and emerging layer-1 protocols. Each addition undergoes a rigorous security assessment to maintain platform integrity.

Beyond direct exchanges, StealthEX offers a robust Crypto Exchange API, ideal for integration into wallets, blockchain ecosystems, and third-party projects. This powerful tool allows partners to access StealthEX’s extensive cryptocurrency selection and liquidity while maintaining their brand identity. Additionally, the platform provides comprehensive affiliate tools for businesses looking to generate revenue through crypto exchanges. These integration options extend the reach of StealthEX’s 2,000+ cryptocurrencies far beyond the main platform.

User Benefits: Unleashing Unlimited Possibilities

Having access to over 2,000 cryptocurrencies transforms how users can interact with the digital asset space:

  • Unmatched Portfolio Diversification: Spread investments across more assets than ever before, from blue-chip cryptocurrencies to emerging gems with explosive growth potential.
  • Early Access Advantage: Discover and acquire tokens from groundbreaking projects before they reach mainstream exchanges.
  • Cross-Ecosystem Trading: Move seamlessly between different blockchain ecosystems without the complexity of multiple exchange accounts.
  • Complete Investment Freedom: Implement sophisticated investment strategies that were previously impossible due to limited asset availability.

The ability to access this vast selection of crypto assets in one place creates unprecedented opportunities for traders and investors looking to optimize their digital asset strategies.

Market Context: Setting New Industry Standards

StealthEX’s expansion to 2,000+ cryptocurrencies places the platform at the forefront of the exchange industry. While many leading exchanges offer between 200 and 500 coins, StealthEX’s selection is approximately 4x larger than the industry average.

The increased diversity of available cryptocurrencies addresses a crucial need in the market: access to the long tail of crypto assets that often represent innovative technologies and use cases. Blockchain experts have frequently highlighted how fragmentation in accessibility creates barriers to adoption and limits the potential of interconnected crypto ecosystems.

The timing of this expansion is particularly significant as the market experiences increased interest in altcoins and sector-specific tokens. Recent market data indicates growing demand for access to a broader range of digital assets, particularly in specialized sectors like DeFi, gaming, and infrastructure tokens.

How to Access the Expanded Cryptocurrency Selection

Getting started with StealthEX’s expanded selection couldn’t be simpler:

1. Visit StealthEX.io or open the mobile app.

2. Select any of the 2,000+ cryptocurrencies from the drop-down menus.

3. Enter the amount to exchange and the recipient address.

4. Send the deposit to the generated address.

5. Receive the exchanged crypto—usually within minutes!

The full list of all available cryptocurrencies includes detailed information about each asset and current exchange rates.

Pioneering the Future of Crypto Exchange

This expansion to 2,000+ cryptocurrencies is just the beginning of StealthEX’s vision for a borderless crypto ecosystem. The company is committed to continuing its growth trajectory, with plans to integrate new blockchains, tokens, and features in the coming months.

“Breaking the 2,000 cryptocurrency barrier represents a pivotal moment in our mission to make the entire crypto universe accessible to everyone,” says Maria Carola, CEO of StealthEX “We’re building a future where users never have to worry about whether their preferred token is supported—if it exists in the crypto space, you’ll likely find it on StealthEX.”

Crypto enthusiasts are invited to experience the freedom of unlimited crypto exchange by visiting StealthEX today and exploring the expanded selection of 2,000+ cryptocurrencies!

Social Links:

Twitter: https://x.com/stealthex_io
Telegram: https://t.me/StealthEX

Continue Reading

Press Release

NinjaChess Launches Globally with $20,000 Prize Pool for Season Alpha — Sponsored by Spirex Exchange

Published

2 days ago

on

June 4, 2025

By

The future of chess launches today—with a ninja twist. NinjaChess, a first-of-its-kind play-and-earn chess game, is now live as a Telegram app, combining classic strategy, ninja powers, and crypto rewards. Backed by Spirex Centralized Exchange, the debut Season Alpha features a $20,000 prize pool, open to all players worldwide.

Reinventing Chess for the Web3 Generation

NinjaChess transforms traditional chess with ninja abilities like Stun, Trap, Invisibility, and more—turning every game into an unpredictable duel. Players can use AI-assisted moves, customize their ninja avatars, and earn cryptocurrency through competitive play.

No downloads needed. The game launches directly within Telegram, making it easier than ever to battle, climb the leaderboard, and earn crypto anywhere, anytime. Just open the app, challenge opponents, and let your strategy shine.

“NinjaChess is designed to be fast, fun, and rewarding—and launching on Telegram brings it right into players’ hands,” said the founding team. “With Spirex Exchange powering our crypto economy, the path is set for global chess domination.”


Season Alpha marks the beginning of NinjaChess’s ranked competition. The top players will share in a $20,000 prize pool, with new game modes and tournaments rolling out soon.

In Partnership with Spirex Exchange

As a leading centralized exchange, Spirex is the official sponsor of Season Alpha, supporting the infrastructure, economy, and vision behind NinjaChess’s blockchain integration.

What’s Next

  • PvP Money Matches – Wager tokens, winner takes all.
  • Tournaments – Multi-table battles with high-stakes rewards.
  • NFT Customization – Own and personalize your ninja.
  • Mobile Expansion – Deeper integration across devices.

About NinjaChess

NinjaChess is a turn-based, strategic game that integrates the timeless rules of chess with specialized “ninja powers” and blockchain-based rewards.

NinjaChess reimagines the classic game of chess by integrating specialized “ninja powers” and blockchain-based rewards. Players can expect a fresh and dynamic approach to the timeless strategy game, enhancing both casual and competitive play.

Visit –  Ninjachess.xyz
Join Telegram – https://t.me/ninjachessxyz

About SpireX

SpireX is a fast-growing cryptocurrency exchange offering over 300 tradeable currencies and some of the lowest fees on the market. 

Focused on providing a secure and reliable trading environment, SpireX continuously strives to add value for its users by listing top-tier projects, building new products, and launching exclusive reward campaigns.

https://www.spirex.io/
https://x.com/SpireX_Official
http://t.me/SpireX_Exchange

Continue Reading

Press Release

TradeSta Launches “Collateral Back” Campaign: 50% collateral back on First Liquidation for Traders

Published

2 weeks ago

on

May 21, 2025

By

TradeSta, the next-gen decentralized perpetuals trading platform built on Avalanche c-chain, is giving traders a second chance — literally.

Starting Tuesday 20th May 2025, the platform has launched its TradeStaCollateralBack campaign, offering a 50% refund on collateral (up to $25 USDC) for users who get liquidated on their first trade during the promotional period.

This bold new initiative is part of TradeSta’s mission to make high-leverage DeFi trading more accessible, transparent, and forgiving for newcomers and seasoned traders alike.

The campaign runs from Tuesday, May 20 through Tuesday, June 3, 2025 at 23:59 UTC.

“At TradeSta, we’re building more than just another DEX — we’re creating a trading experience that’s fast, fair, and actually puts the user first,” said Kieron Cartledge, Founder and CEO of TradeSta. “This campaign is our way of saying: it’s okay to take a swing — we’ve got your back if you miss.”

🔥 Here’s How It Works

Eligible users who open a position and get liquidated during the campaign will receive 50% of their collateral back, up to $25 USDC — no strings attached.

To qualify:

  • Minimum position size: $10 USDC
  • Minimum leverage: 10x
  • Must be the first loss from that wallet during the campaign
  • Refunds are processed in USDC on Avalanche C-Chain
  • Payouts sent within 72 working hours of liquidation

Whether you’re trading BTC, ETH, AVAX, gold, oil, or even RWAs, TradeSta gives you full control from start to finish. No KYC, no signups, just pure onchain execution — with lightning-fast trades, real-time pricing via Pyth Network.

✨ Why This Matters

Trading with leverage can be intimidating, especially for new users exploring DeFi for the first time. TradeSta’s campaign reduces the fear factor by offering a real incentive to test the waters — without getting burned.

“It’s not about encouraging risk,” Cartledge added. “It’s about rewarding participation and showing the community that DeFi doesn’t have to be cold, complex, or unforgiving.”

🚀 About TradeSta

TradeSta is a self-custodial perpetuals trading platform that allows users to trade crypto, commodities, FX, and real-world assets with up to 100x leverage — all without giving up control of their funds. Built on Avalanche & powered by Pyth Network, TradeSta combines DeFi values with CEX-like performance.

Start trading today at https://tradesta.io

Continue Reading

Trending