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Dubai, United Arab Emirates, April 25th, 2023, Chainwire The team at Unizen , operating the Web3 ecosystem found at zcx.com , is pleased to announce a strategic partnership with the team at THORChain . Specifically, Unizen has integrated the THORChain settlement layer to enable swaps between ETH (Ethereum) and AVAX (Avalanche C-chain) to BTC (Bitcoin) and vice versa. “THORChain has devised an exceptionally refined solution that has proven resilient against the trials of time and fluctuations in market conditions, facilitating decentralized liquidity for assets on non-programmable chains.”, says Martin Granström, CTO of Unizen. “This made THORChain the obvious selection for empowering trades on the Unizen Trade platform involving Bitcoin, Litecoin, Dogecoin, and additional cryptocurrencies.” “Unizen is an excellent venue to offer cross-chain swaps powered by THORChain. The industry has been slowly moving from centralized swap services to DeFi protocols. The goal is to bring the cent...

London, UK, April 28th, 2023, Chainwire AmazeWallet has seen a significant increase in the number of miners using their mobile phones to validate transactions on AmazeChain , the app’s proprietary Layer 1 blockchain. The number of users running light nodes to decentralize and secure the network has shot up to over 11,000 during the past week. Light node technology makes it possible for anyone to validate the blockchain from anywhere in the world. The 3,293% growth in the number of testnet miners validating transactions on AmazeChain is particularly impressive given the AmazeWallet app is yet to have its full launch, which is scheduled for mid-June. Overall, nearly 100,000 test users have downloaded the app since it launched on the testnet in November 2022. The positive news comes amid other signs of strong pre-launch momentum for AmazeWallet. The company has already signed partnerships with OnRamp, a major DEX aggregation platform, two centralized token exchanges and a string of ...

In an unexpected turn of events, Coinbase has brought legal challenges to the SEC. Coinbase is seeking to compel a response from the U.S. Securities and Exchange Commission (SEC) regarding its rulemaking petition, which has been pending since July. The exchange has filed a narrow action in a federal court to request a “yes or no” response to its petition. Coinbase Pushes Back In July 2022, the exchange submitted a petition, calling for clearer regulatory guidelines for the cryptocurrency industry in the U.S. The document outlined 50 Coinbase’s specific questions to the SEC, encompassing a wide range of topics such as the regulatory treatment of digital assets and the classification of tokens as securities. According to a blog post by Coinbase’s Chief Legal Officer, Paul Grewal, the Administrative Procedure Act mandates the SEC to respond to the petition “within a reasonable time.” However, the expected respond has been pending over nine months. Now Coinbase is pushing for an...

Abu Dhabi, Abu Dhabi, April 25th, 2023, Chainwire Venom, a Layer-1 blockchain that operates out of the Abu Dhabi Global Market (ADGM), today announced that its public testnet is officially live. The milestone marks a significant accomplishment in Venom’s roadmap as it prepares to launch on mainnet. Along with the testnet launch, Venom has also unveiled a host of in-house developed decentralized applications as part of its growing ecosystem. The testnet design suits both ecosystem users and developers. It enables developers to test and debug dApps and blockchain protocols, while allowing users to experience these dApps firsthand. The goal of the program is to encourage innovation and community building within the ecosystem. Developers and users can try out the testnet in two simple steps. First, download the Venom Wallet on mobile via the Apple App Store or Google Play Store, or on the desktop as a Google Chrome extension. Secondly, users can jumpstart their journey of testing the V...

The rise of the cryptocurrency industry, alongside the high profits that people can earn through the purchase, trade, and investment of digital currencies have encouraged governments throughout the world to update their taxation policies, in order to take crypto-based profits into account. However, cryptocurrencies are very dynamic, whereas keeping track of all transactions for taxation purposes is bound to be a difficult endeavour. Additionally, regulatory taxation frameworks lack standardization, thus leading to a status-quo that confuses most digital currency holders. The appropriate philosophy behind taxes is that the process should be streamlined and easy to follow – however, we are in the presence of an emerging market, where financial institutions are still trying to figure out the best approaches towards cryptocurrency taxation. Thus, tax-paying citizens must learn the ropes on-the-go while adapting to potential policy changes. Luckily, thanks to the presence of digital cur...

San Francisco, United States, April 21st, 2023, Chainwire Introducing Flow : The Game-Changing NFT Ecosystem Set to Revolutionize the NFT Market. Aggregator Beta Launches on Ethereum Mainnet. Groundbreaking AI and Rollup-Centric Roadmap Unveiled; Anticipated Token Launch on April 30. Flow’s aggregator makes NFT bidding a breeze with their groundbreaking “place bid once, buy from everywhere” technology. Flow’s powerful order matching and execution engines provide users a great UX while protecting them from frontrunners and unnecessary gas fees by routing transactions via Flashbots. With a $3M seed funding round led by Nima Capital and participation from Shima Capital and other industry heavyweights, Flow is poised to take the NFT world by storm.  “Flow is a great example of what people can build on top of Reservoir which aggregates liquidity from all marketplaces” said Peter Watts, founder of Reservoir. Developed by a team led by an ex-Googler and ex-Binance Labs incubee...

Ethereum gas fees soared in the past few days due to the frenzy surrounding meme-inspired cryptocurrencies. The popularity of these coins has led to the growing demand for transactions on the Ethereum network, resulting in higher fees. Memecoins made a remarkable comeback, with Pepe The Frog leading the way . Recently deployed memecoins , including $TROLL, $APED, and $BOBO, took over top gas-burning altcoins, per market analysis platform Sentiment. Memecoins go Crazy Data indicates that Ethereum’s average gas price for transactions on April 20 has spiked to 81.94 gwei (gwei serves as a unit of measurement for Ether – 1 gwei equals 10-9 ETH). It marks a significant increase from 60.82 gwei on April 19 and 44.42 gwei during the same period last year. Ethereum educator Anthony Sassano highlighted the staggering surge in daily fee revenue on the Ethereum network in his recent post. According to Sassano, the remarkable success of Ethereum’s layer-2 platforms, notably Arbitrum, outperf...

The introduction of cryptocurrency back in the 2000s was one of the greatest financial revolutions in the history of humanity. The unparalleled accessibility, security, and transparency that it brought to a legacy system promised to change how we all think of money. Today, despite most people around the world being aware of crypto and what it can be used for, most don’t understand it. By making DeFi products easy to access and closer to what people all over the world are already familiar with, Voltage Finance seeks to bring the crypto revolution to every corner. Instead of focusing on complex terminology and difficult-to-access GUIs, Voltage has chosen to focus on user experience. Will this bet pay off? We believe so, here is what you need to know about Voltage. The technical nature of crypto and a lack of understanding of how they hold value has long been the main challenge to crypto’s mass adoption. With money being one of the most essential tools in daily life, it is not a su...

Our VPN reviews are here to help you make an informed decision before committing to a service provider. We review all of the top VPN providers to find out who has the better offering. If you’re in the market for online protection, then we have a comprehensive list of VPN providers. We measure all of our reviews using the key metrics of pricing, performance, security, privacy, support, and features. In this review, we take a look at AVG Secure VPN . Considering we used AVG free anti-virus in the past with excellent result, we were expecting big things from AVG with the release of this software. Read on to see how AVG measures up to the competition. Visit AVG VPN AVG VPN Before the rise of Microsoft Security Essentials, AVG anti-virus was the most popular free security software on the internet. Everyone used AVG free in the early days of the internet, and it’s still around today. With demand for its anti-virus products lagging behind other industry leaders, it appears that the man...