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Web Summit 2024: Hyperchains Break Down Blockchain Barriers

Published

7 months ago

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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.

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Press Release

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

Published

9 hours ago

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June 4, 2025

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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

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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

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Press Release

HODL 2025 opens in Dubai, advancing the Emirates’ position as a global financial innovation hub

Published

3 weeks ago

on

May 15, 2025

By

HODL 2025, organised by Trescon, the world’s longest-running Web3 event, officially opened today at Madinat Jumeirah, Dubai, marking a pivotal moment in the evolution of blockchain and decentralized finance (DeFi).

The prestigious two-day event follows the Dubai FinTech Summit that commenced on 12th May. During the Summit’s opening ceremony, His Excellency Essa Kazim, Governor of Dubai International Financial Centre (DIFC), announced the launch of the inaugural Dubai Future Finance Week, scheduled for 2026. This flagship initiative will bring together major financial events—including Dubai FinTech Summit, Future Sustainability Forum, Private Capital Forum, Seamless Middle East, HODL Summit, and Dubai Future District Fund AGM—under a unified theme: “Pioneering tomorrow’s financial landscape: Innovation, sustainability, and global connectivity.”

“Being part of the upcoming Dubai Future Finance Week reflects our commitment to fostering innovation and collaboration in the Web3 space,” said Mohammed Saleem, Founder & Chairman, Trescon. “We are proud to contribute to Dubai’s vision of becoming a global financial powerhouse.”

Crypto Rulebook: Toward Global Standards

A day 1 highlight was the expert panel “Crypto rulebook: Global best practices and regulatory measures”, moderated by Saqr Ereiqat, Secretary General, Dubai Digital Asset Association. Speakers included:

  • Dyma Budorin, CEO, Hacken
  • Samir Safar-Aly, MENA FinTech Association
  • Erwin Voloder, European Blockchain Association
  • Belal Jassoma, DMCC

“We want to have the best ecosystem for entrepreneurs to run their business.” — Dyma Budorin
 “Regulations need to catch up and work together.” — Samir Safar-Aly


The discussion emphasized the need for global regulatory coherence and innovation-friendly compliance frameworks.

Insuring Web3: A $6 Trillion Opportunity

Another standout session, “Insuring the Future of Crypto: Bridging Risk & Innovation in the Digital Asset Economy”, spotlighted the crucial role of insurance in de-risking digital finance.

“Insurance has been a bedrock component of sustainability; it is a $6 trillion market.” — Joseph Ziolkowski

The panel explored how risk-aligned insurance solutions are key to unlocking institutional trust and long-term ecosystem resilience.

During his session, Cristian Ulloa, Co-Founder & CEO of Liquid Loans, Platinum sponsor of HODL 2025, shared valuable strategies for building wealth in crypto while steering clear of common pitfalls that lead to crypto regret.

Global Leaders on the HODL Stage

Day 1 also featured other prominent speakers sharing insights across DeFi, tokenisation, compliance, and blockchain banking including:

  • Corbin Fraser, CEO, Bitcoin.com
  • Nils Andersen-Röed, Global Head of FIU, Binance
  • Gracy Chen, CEO, Bitget
  • Rifad Mahasneh, CEO MENA, OKX
  • Robert Crossley, Global Head, Franklin Templeton
  • Joseph Ziolkowski, CEO, Relm Insurance

View the full speaker lineup and agenda:

Ecosystem Support: HODL 2025 @ponsors and exhibitors

Sponsors:

Platinum: Liquid Loans.io
After Party: Coinvoyage
Gold: Tata Consultancy Services (TCS), Gofaizen & Sherle
Silver: Facephi
Bronze: Skygate Network, FMCPay, Pays Solutions, PEP

Exhibitors: SWAG42, Thesaurum, Travel Swap, Any2Pay
 Startup Pods: Scintilla, Boston Trading Co, Ace Capital, vbanq

Top Media Partners Covering HODL 2025

HODL 2025 is proudly backed by leading media outlets amplifying its global reach:

  • Official Media Partner: CNN Business Arabic
  • Exclusive Media Partner: Khaleej Times
  • Ecosystem Partner: Entrepreneur Middle East
  • Business Media Partner: Arabian Business
  • Digital PR Partner: ZEX PR Wire

These partnerships ensure HODL 2025 headlines the conversation on Web3, innovation, and the decentralised future.

About HODL

HODL, born from the legacy of the iconic World Blockchain Summit (WBS) and organised by Trescon, is the world’s longest running blockchain event series with 29 global editions across cities like Dubai, Singapore, and Bangkok. Since 2017, HODL has served as a platform for blockchain deal-making, innovation, and connecting disruptive projects with investors, enterprises, and governments. Join HODL Dubai on May 14-15, 2025, to engage with industry leaders, explore cutting-edge blockchain developments, and secure your place at the forefront of Web3 innovation.

For more information visit https://hodlsummit.com/

Media Contact:
Shadi Dawy
Shadi@tresconglobal.com

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