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Singapore-based fintech startup Polytrade has raised growth capital through an on-chain bond issuance facilitated by Obligate , an on-chain capital markets platform. The uniquely structured bond marks Polytrade’s expansion into Asia as it evolves its business from a single asset tokenization play into a diverse, multi-asset marketplace for real-world assets (RWAs). TLDR Polytrade issues its first on-chain bond via Obligate platform, backed by trade receivables The bond was issued as an electronic, blockchain-based note (eNote) on Polygon network, with proceeds in USDC stablecoin Issuance marks Polytrade’s expansion into Asia and its evolution as a multi-asset RWA marketplace Obligate facilitates access to new forms of capital for non-bank lenders like Polytrade to fill lending gaps left by banks Polytrade aims to ease liquidity bottlenecks in RWA sector through this partnership with Obligate   The blockchain-based bond was issued as an electronic note (eNote) on Polygon...

DipSway is changing the landscape of cryptocurrency trading with its state-of-the-art AI spot bot. This innovative tool, launched in early 2023, is specifically designed for traders, investors, algo traders, and enthusiasts in the crypto space who seek a competitive edge. The AI spot bot by DipSway is engineered to deliver superior performance, adapting seamlessly to fluctuating market conditions and consistently striving to exceed the performance of the average trader. For the Smart Crypto Trader   DipSway recognizes the need for a reliable, fully automated trading bot with a minimal configuration, constant evolving strategy and transparent results. Savvy crypto adopters understand that institutions have the upper hand in trading, while 96% of individual traders struggle to gain profits and quit. DipSway’s AI spot bot is designed to address this imbalance, offering a superior trading tool to the average crypto enthusiast. Disrupting the Market DipSway is not just introducing ...

Kineko burst onto the online gambling scene in 2021 as a new crypto-based sportsbook, esports, and casino platform, bringing a unique decentralized finance (DeFi) approach to betting. Backed by blockchain technology and its own native token (KNK), Kineko offers lightning-fast transactions, competitive odds and fees, and a seamless, intuitive user experience across its sportsbook, esports, and casino products. In our comprehensive review, we put Kineko to the test across all its major offerings to see if this rising newcomer lives up to its promises. We examine Kineko’s range of betting markets and games, odds and profitability, bonuses and promotions, payment systems and security measures, platform accessibility and usability, customer support, responsible gambling features, and more. Visit Kineko Quick Verdict:  With innovative crypto gambling products, robust security, and a polished user experience, Kineko shows strong potential to become a top player in the burgeoning onli...

Panama City, Panama, February 1st, 2024, Chainwire Integration Comes on the Heels of $2 Million Investment Led By Binance Labs Bracket Labs, a leader in on-chain volatility trading, announces the integration of its trading product, Passage, with BNB Chain, expanding Bracket’s simple, one-click trading platform to the most active trading blockchain in Decentralized Finance. Crypto markets cyclically fluctuate through long periods of sideways trading followed by short periods of volatility. To take advantage of these conditions, Bracket innovates on traditional financial instruments and delivers an all-new leveraged trading product for volatility that is ideal in both sideways and trending markets.  With more than $3.2 billion in total value locked and 1+ million daily active users on BNB Chain, Bracket Labs will have access to increased liquidity for faster transactions and improved pricing. With this launch, Bracket Labs further diversifies its platform for traders with acces...

In a high-profile money laundering trial unfolding in Londo n, a former restaurant worker stands accused of attempting to hide billions worth of Bitcoin stolen in a massive Chinese investment fraud. TLDR Jian Wen, a former restaurant worker, was allegedly recruited to help Zhimin Qian launder money stolen from a $6.3 billion investment fraud scheme in China. Wen attempted to use Bitcoin worth over $1.7 billion at the time to purchase luxury items and a $30 million mansion in London. The purchases never went through. UK authorities seized 61,000 Bitcoin from Wen and Qian in 2018, worth about $1.7 billion at the time and over $2.5 billion now. Wen claims the Bitcoin was either mined by Qian or a “love gift,” while prosecutors say she helped hide the source of the stolen funds. Wen is currently on trial for money laundering charges, while Qian has fled the UK and remains at large. Jian Wen, a 42-year-old Chinese national who became a British citizen in 2018, allegedly helped Zh...

Solana (SOL) is making a strong recovery, drawing positive attention from crypto analysts who are optimistic about its potential. With a notable uptrend, SOL is nearing the $100 mark, accompanied by a 53% increase in trading volume. Analysts are bullish on the future of Solana (SOL), pointing out its breakout from a descending parallel channel, indicating a potential recovery from its recent downturn. Outperforming many altcoins as Bitcoin (BTC) surpasses $42,000, analysts anticipate Solana (SOL) could breach $100 in the coming days, sustaining its upward momentum. Solana (SOL) is thriving, and the crypto market is eagerly awaiting for a launch of a high-demand new altcoin , currently in presale. This upcoming launch has captured the attention of crypto enthusiasts, offering early access to promising opportunities. ScapesMania: A Rising Star in the Crypto Universe ScapesMania reaches new heights in the crypto universe, so make the most of the early bird discount before it’s too la...

Polygon (MATIC) has experienced substantial growth in the crypto market, especially in user acquisition. In 2023, Polygon (MATIC) added an impressive 15.2 million new user addresses, surpassing the user base growth of Bitcoin (BTC). This surge positions Polygon (MATIC) as a leading Layer-2 project designed to scale smart contracts and reduce transaction costs on the Ethereum network. Despite recent price stability, the influx of users indicates growing interest in the project, potentially boosting demand for the Polygon (MATIC) token. Overcoming the $0.80 resistance level presents a short-term challenge for Polygon (MATIC), with a breakthrough potentially paving the way for a retest of the $1 price goal. Polygon (MATIC) aims for a $1 price goal, but the crypto landscape is dynamic, and new cryptocurrencies could surpass or match its success at a faster pace. Read on to explore an emerging project that is swiftly garnering traction, indicating promising prospects. ScapesMania: Outsta...

Manta Network, an AI and ZK-powered modular blockchain, has achieved a new milestone as its total value locked (TVL) surged 68% month-to-date to around $464 million, according to data from blockchain analysis firm DeFiLlama. With this surge, Manta outpaced Coinbase’s Base and Sui to become the ninth-largest blockchain in TVL. Manta Network has surpassed Coinbase’s Base and Sui to become the ninth-largest blockchain measured by TVL. Meanwhile, Manta Pacific, a layer 2 scaling solution of Manta Network, also sees its TVL rally to $1.7 billion, according to data from layer 2 tracking platform L2Beat. It is now the third largest layer 2 blockchain, just behind Arbitrum One and Optimism with $10.8 billion and $5.4 billion, respectively. TVL typically reflects how much the crypto assets are used in a particular blockchain project. The higher the TVL, the more users participate in the project. Flying Under The Radar Originally known as a layer 1 project on the Polkadot infrastructure, M...

In a groundbreaking move, LiteFinance , a renowned leader in the online trading sector, announces a substantial reduction in commissions and markups across its trading platforms. This strategic decision marks a new era in affordable trading, offering unparalleled opportunities for both novice and seasoned Forex traders worldwide. LiteFinance, with its commitment to providing exceptional trading conditions, has always been at the forefront of innovation in the Forex market. By significantly lowering the financial barriers to entry, the company reaffirms its dedication to democratizing the trading landscape, ensuring that more individuals can access the dynamic world of Forex trading. “We are thrilled to unlock new horizons for our traders by lowering commissions and spreads to highly competitive rates,” said Evgeniy Yanushkevich, Senior Marketing Manager at LiteFinance. “Reduced fees translate directly into increased profit potential. This positions our traders for even greater succe...

Major financial institutions in Hong Kong have set their sights on launching spot bitcoin exchange-traded funds (ETFs), with Harvest Global Investments applying to the Securities and Futures Commission (SFC). Venture Smart Financial Holdings also plans to file an application soon. Additionally, Harvest Global, Venture Smart, and RD Technologies are in talks with the Hong Kong Monetary Authority (HKMA) regarding participating in a stablecoin sandbox to issue fiat-pegged stablecoins under a proposed licensing regime. TLDR Harvest Global Investments applied for a spot bitcoin ETF with Hong Kong’s Securities and Futures Commission (SFC) Venture Smart Financial Holdings also plans to apply for a spot bitcoin ETF in Hong Kong, hoping to launch in Q1 2024 Harvest Global, Venture Smart, and RD Technologies are in discussions with Hong Kong Monetary Authority (HKMA) about participating in the planned stablecoin sandbox HKMA and SFC published proposals to regulate stablecoin issuers th...

Blockchain technology is reshaping many fields, with the gaming sector being the talk of the town. Last year’s acquisition of the blockchain game streaming platform Azarus by Animoca Brands, a Hong Kong-based Web3 gaming giant, marked a significant development in this arena. Gaming is a big market, and people love to watch streamers. With such a great confluence of markets, this seems like a winning idea. ???? BIG NEWS ???? Azarus has recently joined the @animocabrands family ???? and we're celebrating by launching Supercharged Streams! Earn 3X Azarus Rewards on these streams, then redeem them in our store (at a 30% discount)! ???? pic.twitter.com/DEgCuxI5B0 — Azarus.io (@azarusio) November 1, 2023 Azarus, operating on the principle that “streams are not TV,” offers a unique platform where players can broadcast their gaming experiences in real time and earn tokens as rewards. This approach echoes Twitch’s successful strategy and aims to foster a stronger bond between st...