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Solidproof Partners with FOMODEX to Empower DeFi Users in Avoiding Scams

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The German-based security provider Solidproof has partnered with FOMODEX, a free-to-use DEX tracking platform, to educate crypto investors on avoiding falling for various crypto scams.

The two platforms work together to create posts that inform the crypto community on ways to maintain anonymity while trading, purchasing, and investing in digital assets. The content also informs users on the importance of vetting pre-sales to ensure they don’t invest in phony tokens or lose money to rug pulls.

The educational platform also focuses on the importance of efficient smart contract audits for DeFi projects to eliminate bugs and other security loopholes that bad actors can exploit.

The increasing fraudulent schemes call for innovative solutions and education to protect DeFi market participants. SolidProof, a leading blockchain audit company, has stepped up to help safeguard the $69.43 billion locked in various DeFi protocols.

The Go-to Platform for Efficient Audit Solutions

Solidproof launched in 2021 to bring transformational audit solutions to DeFi, making the space safer for all users. The project has introduced proper audit tools that empower established and new projects to secure their protocol by rooting out vulnerabilities and inefficiencies. 

Solidproof also offers a built-in Know Your Customer (KYC) solution that verifies users’ identities to protect blockchain-based projects from money laundering and terrorist financing risks. The KYC process also vets the team behind a project, guaranteeing investors that the developers are qualified, legitimate, and well-intentioned. 

The German-based company recently introduced its smart contact audit automation tool that promises to be a game-changer in the industry. The auto tool shortens the time needed to review and analyze complex DeFi code and tax systems. It also fine-tunes the audit process, making it possible to discover hard-to-find vulnerabilities that manual testing often misses. 

The auto tool solution enhances the firm’s ability to produce reliable audit reports for numerous blockchain platforms. So far, over 350 projects have chosen trust made in Germany to safeguard their code and build up their credibility in the DeFi sector. 

Launchpad platforms such as Unicrypt have also integrated SolidProof’s easy-to-use auto tool on their websites, allowing upcoming projects to seamlessly conduct an audit and KYC before launch.

About SolidProof

Solidproof is a leader in smart contract security solutions that brings accurate, reliable, affordable smart contract audits made in Germany to the DeFi sector. The firm plays a significant role in eradicating scams and fraud from the DeFi space with its revolutionary audit and KYC services. 

The blockchain auditor has secured hundreds of projects, helping instill trust in the fast-growing DeFi industry. To learn more about Solidproof’s security solutions and connect with its community, click on the links below:

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Press Release

ABC Conclave 2024: A Catalyst for Web3, AI, Gaming, and Blockchain Innovation

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The highly anticipated ABC Conclave 2024 will take place on 11-12, October 2024 at SO/ Uptown, Dubai, followed by an exclusive edition in Bangkok on 11-12, November 2024. As the premier event in Web3, AI, Gaming, and Blockchain, ABC Conclave will bring together industry leaders, global innovators, and key stakeholders to chart the future of decentralized technologies and their impact on various sectors.

As one of the most anticipated Web3 events in the region, ABC Conclave is set to bring together 3,000+ participants, including top industry experts, investors, startups, and innovators. With Dubai solidifying its position as a global tech hub, the event will explore the latest advancements in decentralized technologies, artificial intelligence, and gaming, all contributing to the next wave of digital transformation.

Attendees can expect a diverse range of activities, including thought-provoking presentations by industry visionaries, engaging panel discussions on cutting-edge topics, hands-on workshops, and live demonstrations of blockchain solutions. The event will also showcase the fusion of Web2 and Web3 gaming through exhilarating Esports tournaments, a thrilling hackathon, and exclusive FOMO lounge access to establish impactful relationships with key industry players, creating an unforgettable experience for the Web3 community under the roof of the grand stage at SO/ UPTOWN, Dubai.

Confirmed Speakers: This year’s event will feature an exceptional lineup of speakers, including some of the most influential names shaping the future of Web3:

  • Dunston Pereira, Chief Executive Officer, Private Office of His Royal Highness Sheikh Ahmed bin Faisal Al Qassimi
  • Evandro O., Chief Operating Officer, Private Office of His Highness Sheikh Hamdan bin Ahmed Al Maktoum
  • Mohammed Yaseen, Founder, Esports & Gaming Association
  • Yat Siu, Co-Founder and Chairman, Animoca Brands
  • Thomas AuYeung, Global Finance Director, TRON Foundation
  • Caine Knight, Global Head of Strategic Partnerships, Tether
  • Alexandre F., Chief Partnership Officer, SwissBorg
  • Matthias Sheikh Mende, Visionary Founder, Bonuz / Dubai Blockchain Center
  • Naeem Aslam, CIO at Zaye Capital Markets | Columnist At NASDAQ, CNN
  • Serena Sebastiani, Senior Director – Financial Services Advisory, PwC Middle East
  • Arslan Kiran, Head of Growth, The Sandbox – Turkey/Germany/MENA
  • Amnah Ajmal, Group Executive-Merchants & Commerce, Digital Partnerships & Fintechs, Public Sector, Strategy, M&A, Mastercard
  • Saed Ereiqat, Co-Founder, ICP HUB GCC
  • Nikita Sachdev, CEO & Founder, Luna PR  
  • Alex Chehade, e2x Ventures, Ex – Binance MENA, Founder, General Manager
  • Ajeet Khurana, Founder, Reflexical
  • Tobais Bauer, Principal, BFF
  • Marcello Mari, Founder and CEO, Singularity DAO
  • Geoff Mcalister, Co-Founder, Crypto Risk Office
  • Tim Mangnall, Founder and CEO, Capital Block
  • Ravikant Agrawal, Polygon Labs, Director of Growth
  • Arpit Sharma, COO, PWR Labs
  • Kevin Raham Soltani, Founder & CEO, GIMA Group, Inc
  • Stefano Virgilli, Business Partner, Technology and Communication
  • Saloi Benbaha, Head of XDC Network Enterprise Alliance & Ventures, XinFin Powering XDC Network
  • Giovanni Everduin, Commercial Bank International, Head of Strategy & Innovation
  • Amalia Grochal, Founder and CEO, MIRAI DAO
  • Zara Zamani, CPTO & Co-founder, 4+Ventures
  • Anton Golub, Founder, SwissAssetDAO
  • Faraj Abutalibov, Ex – Venom Foundation, Crypto Executives – COO, Co-Founder – EYWA Crosschain Protocol Founder
  • Pekka Kelkka, Web3 advisor & educator, Papa Blockchain
  • Neha Soni, CEO & Founder, Corum8
  • Cal Evans, Managing Associate, Gresham International
  • Brent Fulfer, Principal, Blockchain Founders Fund
  • Anita Kalergis, PR & Communications Manager, CGO; Xprizo, Dubai Blockchain Center
  • Shawn Tan, General Partner, TRIVE Digital, and more…

Their insights will cover diverse topics, ranging from the future of decentralized finance (DeFi) and AI integration to advancements in gaming ecosystems and blockchain applications in real-world industries.

Event Highlights: ABC Conclave 2024 promises an immersive and engaging experience, featuring:

Event Highlights: ABC Conclave 2024 promises an immersive and engaging experience with several standout features:

  • Conference – Make connections, and engage with top industry players, developers, artists, and investors. Take part in stimulating conversations and explore innovative concepts.
  • Keynote speeches by global pioneers in blockchain, AI, and gaming
  • Expert panel discussions addressing the most pressing challenges and opportunities in Web3
  • ABC Exhibition – Embark on a world of cryptocurrencies, blockchain, and Web3 technologies. Discover new items and get a glimpse of the latest developments.
  • ABC Awards – Honoring the trailblazers who have revolutionized the field and made outstanding achievements.
  • FOMO Lounge – Build connections with important industry leaders. You’ll have the chance to showcase your innovative ideas to an audience of potential investors and venture capitalists.
  • Gaming & E-sports – A vibrant hub where gaming companies unveil their latest creations. Experience the excitement of brand-new games and explore a variety of virtual worlds.
  • Hackathon – A thriving arena of opportunities. Find your hidden talent, amplify your brand’s resonance, and stimulate the creation and evaluation of innovative ideas.
  • After Party – Savor the elegance of our VIP Gala Dinner and let loose at the After Party, where you can socialize and relax in a more casual atmosphere.

What to Expect?

With Dubai at the center of the global Web3 and AI ecosystem, ABC Conclave offers participants the unique opportunity to engage with top innovators, explore transformative technologies, and foster meaningful connections that can drive industry growth. The event will focus on how AI and blockchain are converging to create new possibilities across sectors like finance, gaming, entertainment, and healthcare.

Attendees will also witness live demonstrations, and hands-on workshops, and have the chance to network with industry giants at both the VIP Dinner and Gala Networking sessions.

Why Attend?

As the Web3, AI, and blockchain landscapes continue to evolve, ABC Conclave 2024 serves as a vital platform for thought leadership and collaboration. Attendees will gain access to industry insights, investment opportunities, and strategic partnerships that will shape the future of decentralized technologies and their practical applications.

This event is essential for investors, developers, startups, and C-level executives looking to stay ahead in the rapidly changing digital landscape.

Mohammed Yaseen, Founder, Esports & Gaming Association  “I have attended many gaming conferences recently and am proud to see our great city of Dubai do more amazing things in gaming and esports. ABC Conclave has stepped in and is hosting a unique conference that includes traditional and new forms of web3, gaming and AI education, networking, and awards. Looking forward to this on October 11-12 at DMCC Uptown Tower.

I’m always keen to speak at conferences that can pull together a stellar venue, and lineup of educational speakers and host a networking event where professionals can get some work done. Blockchain month is upon us in Dubai and it’s all getting started with a proper conference, I am honored to be speaking at ABC Conclave and ring the energy to the stage on the 11th.- Kevin Soltani, CEO, GIMA Group

Throughout history, humans have consistently believed themselves to be at the pinnacle of technological advancement. Yet, time and time again, this perceived summit proves ephemeral, as new breakthroughs and innovations relentlessly push the boundaries of what’s possible. Stefano Virgilli, Technology and Communication

I like the events organized by ABC Conclave, they bring trending topics to stage – Ravikant Agrawal, Director of Growth, Privado Id

I’m excited to attend the ABC Conclave, where the intersection of innovation, regulation, and technology drives the future of finance. This event is a unique opportunity to engage with global thought leaders and explore transformative ideas that will shape the next wave of fintech evolution. – Serena Sebastiani, Senior Director, Virtual Assets Leader, PWC

“Bitcoin OG and DeFi Architect. Investor through MIRAI and Co-Founder of the Ordinals Council. Recognized as one of the Top 25 Women in FinTech and Blockchain MENA, ETH and BTC Ecosystem Hackathons Jude.” Amalia Grochal, Founder and CEO / Co-Founder, MIRAI Fund / Ordinals Council

Attending the ABC Conclave is an invaluable opportunity to engage with thought leaders and innovators, paving the way for transformative discussions that shape the future of finance.” – ALEX CHEHADE, Founder, redefined, ex-Binance

The Dubai edition of the ABC Conclave is supported and sponsored by:

Supported by:

  • Private Office of His Highness Sheikh Hamdan bin Ahmed Al Maktoum
  • Private Office of His Highness Sheikh Ahmed Bin Faisal Al-Qasimi

Title SponsorTenset

Powered byGora

Legendary Sponsors:

  • Ambo
  • Sersh
  • ATC
  • Famex

Epic Sponsors:

  • DreamsQuest
  • ICP
  • Lore
  • Ozone
  • Cros
  • Adltix

Rare Sponsors:

  • Qoal
  • Memeprof
  • Victor Games
  • Kix Digital
  • Arcana
  • Router Protocol

Official Media Partner:

  • LUNA PR

Official PR Partner:

  • ZEX PR WIRE

Exclusive Talkshow Partner

  • DX Talks

Innovation Partner:

  • Hack2Skill

Association Partner:

  • European Blockchain Association
  • British Blockchain Association
  • DTC

Strategic Partners

  • NADMAH
  • SALAD LAB
  • Crypto Executive

FOMO Lounge Partner

  • Paradise Capital Group

“Web3 is more than technology—it’s a revolution. At ABC Conclave, we’re building a platform where blockchain, digital assets, AI, and Web3 gaming can thrive. In just two days, we’re bringing together global innovators for immersive discussions, Esports tournaments, and cutting-edge hackathons, celebrating the vibrant spirit and creativity of the Web3 revolution.” – Kirubakaran Reddy, Founder & CEO, Alphablockz

Secure Your Spot Today!
Don’t miss this chance to be part of a transformative event that brings together the brightest minds and the most innovative companies in Web3, AI, and blockchain.

Hurry! Apply code “ABC40” to get an exclusive 40% discount on VIP & Business Passes, available only for our readers!

Book your tickets now at https://www.abcconclave.com/dubai

For more information or inquiries, please contact:
Jagriti Jaiswal
CGO | ABC Conclave
info@abcconclave.com

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Press Release

Celebrating Our 6th Anniversary: XT.COM’s Journey of Innovation and Growth

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XT.COM is celebrating its 6th anniversary with a series of exciting events. Throughout October, under the theme “Celebrating Our Journey Together,” participants can win from a $1 million prize pool, including the iPhone 16 Pro Max, USDT rewards, XT merchandise, and exclusive futures bonuses. As the Gateway to Asset and Highway to Wealth, XT.COM continues to empower its users and create new growth opportunities.

A Month of Celebrations and Rewards

During this celebratory period, XT has planned a series of events designed to engage both new and experienced traders. Trading competitions, lucky draws, AMAs and exclusive events offer everyone a chance to be part of the celebration. This anniversary isn’t just a reflection of XT’s growth—it’s a moment to give back to the loyal community that has supported the platform along the way.

WEB3 Asia Neon Night 2024: A Celebration to Remember

On September 18, XT kicked off its celebrations with Web3 Asia Neon Night 2024, held during Token 2049 in Singapore. The event brought together XT’s community, project teams, investors, and key opinion leaders (KOLs) for an unforgettable evening filled with food, drinks, and live music, celebrating the platform’s achievements and bright future in the blockchain space.

Looking Back at XT.COM’s Growth

2024 has been a remarkable year for XT, now ranked 24th in spot and 7th in derivatives on CoinMarketCap. Over the past years, the exchange has introduced over 800 tokens and 1,000+ trading pairs, featuring a diverse range of assets, including large market cap coins, DeFi tokens, NFTs, and meme coins through its Main Zone and Innovation Zone. To meet the increasing global demand for crypto, XT has expanded into strategic regions like Southeast Asia, Europe, and the Americas, establishing a presence in countries such as the UAE, Singapore, Türkiye, Malaysia, Vietnam, and Nigeria. Moving forward, we are committed to further expanding into key global markets.

2024 marked a significant milestone for XT,,as the platform achieved six years without any security incidents. This achievement has bolstered the platform’s credibility,  fostering trust among users worldwide and attracting an even larger global audience.

Enhanced User Experience and Product Expansion

As part of its continuous commitment to enhancing user experience, XT offers a wide range of diverse products designed to meet the needs of both new and experienced traders. Users can seamlessly engage in currency transactions, OTC trading, Futures, Margin trading, and even purchase assets using credit cards. To further cater to the growing demand in the crypto space, the platform also supports various investment options like Staking, Saving, and Mining, ensuring all types of crypto investors are well-served.

XT.COM’s futures trading service stands out with its intuitive and user-friendly interface, providing advanced tools like real-time market data, sophisticated charting, and various order types, allowing both beginners and seasoned traders to efficiently implement their strategies.

With XT Earn, users have access to a variety of financial products, including Savings, Staking, and Cloud Mining, providing flexible investment options for both conservative and risk-seeking investors. Whether you’re looking for stable returns or higher yield opportunities, XT Earn has a solution that fits your investment profile.

XT.COM continues to prioritize user experience, offering a comprehensive suite of services and tools to empower crypto investors in their journey.

CEO’s Message on XT.COM’s 6th Anniversary

Albin Warin, CEO of XT.COM, shared his thoughts on the platform’s growth:
“As we celebrate our 6th anniversary, we owe our success to our global community. Our journey has been one of innovation, security, and dedication to providing the best trading experience possible. We’re looking forward to pushing the boundaries further in the years to come.”

Looking Ahead

As XT.COM continues to evolve and expand its offerings, the platform remains committed to maintaining its place at the forefront of the global crypto market. For more information about XT.COM’s exclusive 6th-anniversary activities, visit the 6th-anniversary homepage on XT.COM or follow the hashtag #XT6th on Instagram, Twitter, and other social media networks.

About XT

Founded in 2018, XT serves more than 7.8M registered users, over 1M monthly active users, 40+ million users in the ecosystem, and more than 800 tokens with 1000+ trading pairs. XT crypto exchange offers a rich variety of trading categories to provide a secure, trusted, and intuitive trading experience for its large user base. This includes crypto futures trading (USDT-M Futures and coin-M futures perpetual contracts) and copy trading that allows users to replicate top traders in real time with just one click. Additionally, the futures grid allows users to automate the buying and selling of futures contracts for profits.

Website: xt.com
X: twitter.com/XTexchange
Telegram: t.me/XTsupport_EN

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Press Release

Big Red Racing Stable Acquires First Elite Asset: Beechers Brook A, A Royally Bred Champion, Under the Guidance of Travis Alexander

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Big Red Racing Stable proudly announces the acquisition of its first major real-world asset in the harness racing industry: *Beechers Brook A*. This significant addition to the Big Red ecosystem marks a pivotal step in Big Red’s evolution, as the project transitions into a fully real-world asset (RWA) ecosystem powered by blockchain technology.

This acquisition, in partnership with renowned harness racing trainer Travis Alexander, is a monumental moment for Big Red, signifying the start of its journey toward building an empire in horse racing on Web3. With over 1,000 career wins and $19 million in earnings, Alexander will oversee the training and racing of *Beechers Brook A*, a horse with elite bloodlines and a strong track record.

About Beechers Brook A: A Champion by Bloodline

*Beechers Brook A* boasts an extraordinary pedigree, making him a prime addition to the Big Red Racing Stable. His father, *SomeBeachSomeWhere*, is a legend in the industry, earning nearly $4 million after just one race season and continuing to leave a lasting legacy through his successful offspring. On the maternal side, *Beechers Brook A* is the progeny of *Cyclone Betty*, whose offspring have collectively earned over $1 million on the track.

This well-bred racehorse is expected to be a consistent performer, with Alexander set to train and race him in the coming weeks. *Beechers Brook A* was immediately transported to Alexander’s farm following the acquisition, where preparations for his racing debut under the Big Red Racing Stable are already underway.

$TD Token and Monthly Buyback & Burn Mechanism: Boosting Token Value

In addition to its pioneering efforts in horse racing, Big Red is introducing a unique financial model that ties the success of the racing stables directly to the value of the $TD token. Fifteen percent (15%) of the monthly profits generated by the Big Red Racing Stable will be allocated to a *buyback and burn mechanism* for the $TD token. This means that every month, profits from the stables will be used to purchase $TD tokens from the open market, which will then be burned, reducing the overall supply of the token.

This deflationary approach directly benefits $TD holders, as each buyback increases demand for the token, while the burning process permanently decreases supply. As the stables continue to earn profits, this cycle will strengthen the value of $TD, creating a sustainable and consistent upward pressure on its price. The $TD token, therefore, becomes more valuable as the stables expand and earn greater revenues, directly aligning the success of the horse racing operations with the token’s performance.

Expansion of the Big Red Racing Stable

Big Red’s strategic plan includes significant stable expansion to further strengthen the ecosystem. Out of a total of 300 NFTs released to fund the acquisition of *Beechers Brook A*, the Big Red treasury has purchased 100 NFTs. The proceeds and rewards from these NFTs will be reinvested into the expansion of the stable, allowing Big Red to acquire additional racehorses. This commitment to growing the racing division ensures a steady influx of real-world profits, which not only benefits the stable’s operations but also enhances the overall value of the Big Red ecosystem.

As Big Red Racing Stable continues to acquire and race elite horses, the project will thrive in unprecedented ways within the Web3 space. The combination of a profitable real-world racing stable, a deflationary token model, and innovative NFT-backed ownership offers a fresh perspective on how Web3 projects can integrate RWAs to deliver passive income and long-term value to their community.

Big Red Racing NFTs: Exclusive Opportunity for Passive Income

Big Red Racing NFTs, a limited edition of only 300, represent a rare opportunity for investors and Web3 enthusiasts to own a piece of the harness racing industry through blockchain technology. Of the total supply, only 200 NFTs are available to the public, as 100 have been purchased by Big Red’s treasury to support the expansion of the stable. Initially priced at $600 each upon release, these NFTs sold out instantly, demonstrating high demand and excitement among the community.

While the current resale value of these NFTs has significantly increased, no NFT holder has chosen to sell, recognizing the potential for life-changing passive income as the Big Red ecosystem continues to grow. These NFTs offer a unique chance to earn substantial rewards tied to the success of the racing stable, making them not just digital collectibles but a valuable investment opportunity.

In an exciting collaboration, Big Red is proud to reveal that the artwork for these limited-edition NFTs is being crafted by none other than legendary comic book artist Mike Miller. Known for his exceptional work with Marvel Comics and DC Comics, including *Injustice: Gods Among Us*, Miller brings his renowned artistic talent to the world of Web3. The stunning artwork he has designed for the Big Red Racing NFTs captures the essence of both the power and grace of horse racing, making each NFT not only a financial asset but also a work of art.

A Game-Changing Moment for Big Red

The acquisition of *Beechers Brook A* marks a transformative moment for Big Red as it enters the harness racing industry. By blending traditional horse racing with blockchain technology, Big Red is set to establish itself as a first mover in this space. This move further solidifies the project’s position as a pioneering force on the Avalanche blockchain ($AVAX), where it will continue to build partnerships and open new doors with the support of the Avalanche Foundation.

“We’re thrilled to welcome *Beechers Brook A* to our racing stable and to see the ways this addition will benefit our entire ecosystem,” said Naim S., CEO of Big Red. “This is the first of many racehorses that will drive real-world success, providing our community with passive income and increasing the value of the $TD token. The future is incredibly bright for Big Red, and we’re just getting started.”

As Big Red grows into one of the largest and most innovative projects on $AVAX, the team looks forward to breaking new ground, expanding its stable, and setting new standards in the intersection of real-world assets and Web3.

About Big Red

Big Red is a leading Web3 project that bridges real-world assets and blockchain technology, providing unique opportunities for users to earn passive income. With a focus on harness racing, Big Red Racing Stable allows NFT holders to participate in the industry’s profits through fractional ownership of racehorses, supported by Avalanche’s secure and efficient blockchain.

Twitter: https://twitter.com/BigRed_TD

Telegram: https://t.me/thebigredtd

Racing Stable: http://www.bigredracingstable.com/

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