Square Cash Opens Bitcoin Buying and Selling in All 50 States 7176

Less than two weeks after sharing Square’s cryptocurrency profits had doubled in the second quarter, the payments company made the long-awaited announcement on Twitter: users can now use Cash App to buy bitcoin in all fifty states. The move is yet another in a string of moves and statements by Square CEO Jack Dorsey, who has long expressed a bullish view of the cryptocurrency.

“The internet will have a single currency. I personally believe that it will be bitcoin,” Dorsey said.

Square, which added bitcoin purchase and sale functionality to its payments app in late 2017, had slowly expanded bitcoin functionality in the time since. The simple mobile interface was made available to users in select states before the payments company acquired a bitlicense from the New York Department of Financial Services and added support in New York state in June.

Brian Grassadonia, Head of Cash App, noted the significance of the approval in New York state, teasing more to come: “We are thrilled to now provide New Yorkers with Cash App’s quick and simple way to buy and sell bitcoin. Square and the New York State DFS share a vision of empowering people with greater access to the financial system and today’s news is an important step in realizing that goal.”

During the roll-out, Square reported it generated more than $70 million in bitcoin-related activity in the first half of 2018, earning less than a half-million dollars in trading fees. During this period, bitcoin fluctuated wildly, trading in a range between $6,000.00 BTC and more than $19,000.00.

Availability in all fifty states positions Square’s Cash App to compete more directly with Coinbase, the leading consumer application for cryptocurrency purchases in the United States. Coinbase claims to have enabled the trade of more than $150 billion cryptocurrencies since its launch in 2012, generating more than $1 billion in revenue in 2017 from a reported 20 million registered users.

At the end of 2017, Square reported more than 7 million monthly active users, many who joined for the peer-to-peer USD sending service.

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Galileo Protocol launches LEOX airdrop with 250,000 token reward pool 2594

In a significant move towards integrating blockchain technology with real-world assets, Galileo Protocol is thrilled to announce its LEOX token airdrop, designed to engage and expand its community. The airdrop features a generous pool of 250,000 LEOX tokens and offers participants a firsthand experience in a leading-edge RWA tokenisation ecosystem.

Exploring the Reward Pool

  • Fairdrop Pool: 150,000 LEOX dedicated to holders of Nebula and NFT communities who embody the web3 experience (CommuNFTy Pool).
  • Farmooor Pool: 100,000 LEOX allocated to active Galileo Marketplace participants.

Fairdrop Pool access

  1. Eligibility: Hold an unlisted Nebula or partner NFT (to be announced in early May) during the snapshot period (April 3rd – June 1st).
  2. Snapshot verification: Ensure NFTs are in your wallet during the June 1st snapshot.
  3. Receive LEOX Tokens: Tokens will be automatically distributed on June 15th to eligible wallets.

Farmooor Pool Access

  1. Marketplace registration: Sign up at the Galileo Marketplace and complete KYC verification.
  2. Social engagement: Share your sign up on your socials. Galileo will be adding a link input feature for participation.
  3. Active participation: Make purchases on the marketplace from April 3rd to September 30th.
  4. Final verification: Maintain active participation through the September 30th snapshot.
  5. Token distribution: Eligible participants will receive their tokens on October 31st.

Participation Benefits

This airdrop is more than a reward; it’s an invitation to explore the transformative potential of RWAs on the blockchain. Participants will gain early access to a platform that blends the physical and digital worlds, creating secure, transparent, and liquid markets for assets previously constrained by traditional boundaries.

Why Galileo Protocol?

Galileo Protocol stands at the forefront of the RWA blockchain movement, focusing on the tokenisation of tangible assets to enhance their usability, liquidity, and security in the digital age. Galileo Protocol not only supports the tokenisation of assets but also ensures their real-world applicability and integration.

Safety notice

Please interact only through official Galileo channels and verify all links before engaging. Remember, the Galileo team will never reach out via direct messaging first.

About Galileo Protocol

Dedicated to revolutionising asset management, Galileo Protocol uses blockchain technology to authenticate, tokenise, and mobilise real-world assets. This approach aims to unlock the value of physical assets and make them accessible in the crypto space, enhancing transparency and trust.

Join this forward looking journey with the Galileo Protocol’s LEOX airdrop. Step into the future of asset management and discover the full capabilities of Galileo Protocol’s RWA tokenisation platform.

Follow Galileo Protocol’s official channels

Telegram Group: @galileoprotocolcommunity
Discord Group: https://discord.gg/vQQPXXcKsv
Own a Nebula here: https://nebula.galileoprotocol.io/
Visit the Galileo Marketplace: https://app.galileoprotocol.io/

Metis’ Sequencer Mining Goes Live 4753

Last month’s launch of Phase 1 of the Metis Decentralized Sequencer upgrade established Metis as the first-ever rollup platform with a decentralized sequencer. Metis has now launched Phase 2, which introduces several enhancements aimed at improving network incentives and participation.

Among other positive changes, Phase 2 of the Decentralized Sequencer upgrade introduced the most awaited feature up to date for the Layer 2 network: Sequencer Mining.

Sequencer Mining will allow users to lock their tokens via LST providers, contributing to the network’s security. Essentially, these LST providers will interact with the Sequencer, and users will interact with the Liquid Staking providers, receiving a Liquid Staking Token that they can reuse in other DeFi dApps or just hold. Through Metis’ Community Ecosystem Governance (CEG), the community chose Artemis Finance and Enki Protocol as the two LST protocols for the Alpha Phase.

In the first year, sequencer nodes will benefit from a 20% Mining Rewards Rate (MRR), the same rate at which smart contracts compensate participants for producing blocks. Additionally, Metis Liquid Staking Blitz (LSB), supported by the Metis EDF, will provide grants to verified projects to accelerate growth. More than 220,000 METIS are committed in grants for 2024 alone to support MetisLSB and catalyze growth of LST products on Metis. Prior to the official launch of Sequencer Mining, there has been notable activity with LST-related products, including deployments by Shoebill Finance, Stablis Protocol, and participation pools on Hercules Finance.

Metis has secured important partnerships with recognized crypto institutions that will help the network achieve proper decentralization and high participation rates on the Decentralized Sequencer.

Users can deposit and start mining immediately through Artemis. ENKI will be fully launching on Mainnet soon, but users can already participate in their “Pre-Staking” program.

About Artemis

Artemis Finance is a liquid staking protocol designed exclusively for Metis’ Decentralized Sequencer. Users can stake METIS tokens on Artemis Finance and receive the liquid staking token artMETIS.

About Enki

Enki Protocol is a Metis-native liquid staking protocol leveraging dual-token architecture from protocols like Frax and Lido to implement the most battle-tested LST design to the Metis Decentralized Sequencer. Users can stake METIS via Enki and receive seMETIS, while the protocol utilizes ENKI for its governance.

About Metis

Metis is an EVM-Equivalent Ethereum Layer-2 protocol focused on bridging the gap between Web2 and Web3. Metis provides users with a decentralized and scalable easy-to-use network secured by Ethereum. Metis became the first Ethereum rollup to decentralize its sequencer with the launch of Decentralized Sequencer, which enhances network security and provides more potentially revenue-earning opportunities for users.

Peach Tech and MetaComp Launch PIF Token, a Regulatory Registered Real-World Asset Token Scheme 6477

In an innovative move that blends the stability of traditional finance with the flexibility of decentralized finance (DeFi), Peach Tech Limited (via strategic investment manager, Kepler Global Management Limited), and MetaComp Pte Ltd, a Major Payment Institution licensed holder permitted by the Monetary Authority of Singapore (MAS) to provide Digital Payment Token Services, are proud to announce the launch of the Peach Investment Fund Token (PIF Token). This strategic initiative follows the growing integration of blockchain technologies in financial markets, as seen in the successful deployment of Bitcoin ETFs and the rapid expansion of DeFi platforms, allowing Real-World Asset (RWA) tokens to be transferred on the Blockchain while keeping an oversight of ownership and safety of the underlying assets.

The PIF Token Scheme, registered with the MAS’ CISNET, offers a secure and compliant channel for investing in assets like USD deposits, Money Market Funds, and Treasury Bills. The legal and regulatory frameworks governing the PIF Token ensure that it meets stringent standards for safety, compliance, and transparency, making it a true landmark development in the financial sector, boosting investor confidence and enhancing liquidity.

Mr David Koh, Co-Founder of Peach Tech, discussed the strategic impact of the collaboration, stating, “The PIF Token is designed to meet the high standards of liquidity and flexibility demanded by modern investors, blending the best of blockchain efficiency with the robust safety protocols of traditional finance.”

Dr. Bo Bai, Executive Chairman and Co-Founder of MetaComp, highlighted the innovations brought about by the PIF Token, adding, “This token is not just a step towards future-proofing our financial ecosystems, but also a significant advancement towards our belief in being the bridge that links Traditional Finance with Crypto-Finance. We believe that this collaboration will be able to offer both traditional Accredited Investors and Corporation alike with a unique opportunity to leverage digital assets in a safe and compliant manner.”

About Peach Tech Limited (http://peach.tech)

Peach Tech is leading the charge in bridging the gap between traditional financial assets and blockchain technology, developing products that enhance market efficiency, transparency, and accessibility. Headquartered in Hong Kong, Peach Tech continues to push the boundaries of what is possible in finance.

About MetaComp Pte Ltd (www.mce.sg)

MetaComp is a leading Singapore-based digital asset platform that is licensed and regulated by the Monetary Authority of Singapore (MAS) under the Payments Services Act. Operating under a P2B2C (platform-to-business, partners-to-clients) model, MetaComp provides an integrated end-to-end suite of services to its clients, empowering them to confidently enter the digital asset market with the much-needed safety, security, and compliance. Together with its parent company Metaverse Green Exchange Pte. Ltd (a MAS licensed CMS holder permitted to carry our inter alia, brokerage and custody), MetaComp introduces its suite of services through CAMP by MetaComp, a regulated Client Assets Management Platform, allowing businesses to develop and scale their digital asset offerings through OTC and exchange trading services, fiat payment, digital asset custody and prime brokerage.

ANTO Embarks on a Journey, Initiating a New Era in Cryptocurrency Asset Management 6570

ANTO International Asset Custody Platform is delighted to announce the upcoming global launch of its Exchange-Traded Fund (ETF) on April 16th, North American time. This milestone marks a significant step into the realm of digital asset investment. ANTO provides secure and robust digital asset investment services for global investors, aiming to create more opportunities for wealth growth.

As a legitimate and compliant digital asset management platform, ANTO was established in the United States, a country that has legalized cryptocurrencies. The platform has received authoritative certification from esteemed financial regulatory bodies in the United States and the United Kingdom, ensuring its legitimacy and credibility. ANTO adheres strictly to regulatory policies and laws to ensure the legality and compliance of its operations.

ANTO’s core team comprises experienced and highly skilled traders and strategy analysts with deep industry backgrounds and extensive investment experience. The team possesses core technologies to digitize Wall Street data intelligence and real-time trading, enabling ANTO to enter the field of cryptocurrency asset trading and provide investors with stable and efficient investment services.

ANTO offers investors diversified investment products and services, covering multiple areas such as digital currency funds, quantitative trading, and liquidity provision. The platform is committed to providing investors with secure, transparent, and high-yielding investment opportunities, catering to various needs and risk preferences.

Investors can enjoy the following premium services and support from ANTO:

  1. Diversified Investment Products: ANTO offers a variety of investment products and services, including liquidity investments, compound interest asset management products, and ETF investments, catering to the diverse needs and risk preferences of investors.
  2. Robust Investment Strategies: With a strong research team and technical team, ANTO is committed to developing and implementing innovative investment strategies and trading schemes, providing investors with stable and efficient investment services.
  3. Security and Compliance Assurance: ANTO strictly adheres to regulatory policies and laws to protect the legitimate rights and interests of investors and ensure the safety and compliance of platform operations.
  4. Continuous Innovation and Development: ANTO is dedicated to continuous innovation and development, constantly improving the quality and level of investment products and services, creating more value and returns for investors.

Three major product lines of ANTO, each with unique advantages and professional strengths:

1. Liquidity Investment: Stable Appreciation, Worry-Free Investment

ANTO’s liquidity investment system is an efficient capital management solution designed to provide investors with safe and reliable asset appreciation avenues. With a professional investment team and advanced risk management models, ANTO achieves stable appreciation through optimized portfolios and strict risk control measures. Investors can choose different investment periods and returns, enjoying daily investment returns of 0.12%-0.5% and easily withdrawing principal and interest at contract maturity.

2. Compound Asset Management Products: Continuous Returns, Wealth Multiplication

ANTO’s compound asset package product is a unique wealth appreciation solution that achieves continuous asset appreciation through continuous reinvestment. The platform carefully selects high-potential digital assets and invests with daily returns of 0.45%-0.7%, allowing investors’ wealth to multiply under the compound effect. Investors can choose different investment amounts and returns according to their needs, enjoying continuous returns and substantial profits upon fund exit.

3. ETF Warranted Financial Management: Diversified Allocation, Easy Investment

ANTO’s exchange-traded fund (ETF), with the right to equality of the share of income, is symbolized by AE. AE represents the equity of users based on ANTO ETF trading and holding a variety of encrypted digital assets. By pledging the AE warrants for financial management, investors can easily achieve asset allocation without complex operations, investing without worry. Holding AE, investors can enjoy returns from market appreciation and choose different financial management periods, earning daily returns of up to 1.5%.

ANTO believes that with its services and support, investors will be able to achieve their financial goals and embark on a new era of digital asset investment. Let us join hands and witness the splendid future of digital asset investment together!

zkLink Nova Unifies Liquidity On-Chain with Token Merge Event 6885

zkLink Nova (“Nova”), the first aggregated Layer 3 (L3) ZK-Rollup network with EVM-compatibility, today announced the consolidation of stablecoins and wBTC into single tokens on Nova, enhancing liquidity within the Nova ecosystem, aimed at creating the largest liquidity pool across all Layer 2 (L2) and Layer 3 networks. The announcement follows shortly after Nova’s mainnet launch and is the next milestone in zkLink’s mission to resolve the issue of liquidity fragmentation across L2 networks.

Currently, Nova has achieved asset aggregation, allowing users to deposit native assets from various L2 networks onto Nova for cross-chain asset trading. However, having the same assets from these networks shown as different tokens on Nova (i.e. USDC.arbi, USDC.Linea, etc.) can hinder users’ trading experience. As such, Nova has deployed “MergeToken” smart contracts to consolidate assets of the same value from different chains on Nova into a single token (e.g. USDC.arbi, USDC.Linea merge into USDC). The first tokens to merge are stablecoins USDC, USDT, DAI; followed by wBTC and other tokens upon projects’ requests.

The token merge process will be managed by a prestigious governance committee of 12 prominent projects and institutions including Wintermute, Particle Network, Skynet Trading, Flowtraders, Ascensive Assets, Republic Crypto, Efficient Frontier, SIG, USDV, Layer Bank, Redstone Oracles and Manta Network. This committee will review and approve or deny the proposals to merge additional tokens into Nova’s L3 infrastructure—decentralizing decision making and preventing autonomous control.

“We’re setting the precedent for a practice that we hope more projects will adopt to make the web3 trading environment friendlier. Support from the governance committee underscores token merge’s legitimate potential to unlock new DeFi use cases.” said Vince Yang, CEO and co-founder of zkLink. “Our liquidity pool from MergeToken provides the industry’s most flexible, secure resource that cuts the frustration of fragmented stablecoin transfers, especially useful as more RWAs & LRTs go on-chain.”

MergeToken allows zkLink developers to deploy dApps that take full advantage of consolidated liquidity for tokens of the same value, expanding the kinds of use cases projects can offer and fosters more growth to encourage cross-chain user interaction. Nova will serve as the network on which assets of the same value can be combined into a single token—boosting liquidity of the Nova network as well as overall L2 ecosystem.

When users deposit into MergeToken smart contracts, users will gain the equivalent value of unified tokens. On the other hand, unified tokens deposited into the same contract will be burned and the user will receive the original source tokens of the same value.

MergeToken contracts are upgradable to meet new token unification requirements given Nova’s expansion in connecting different networks. Through voting on a multi-sig safe wallet, the governance committee approves the upgrade to add or remove tokens on the MergeToken contract. To prevent the risk from malicious upgrading, the contract will follow a multi-party signature requiring 2/3 vote for passage moving forward.

About zkLink

Dedicated to unifying liquidity and scaling the Ethereum ecosystem, zkLink is pioneering Aggregated Rollup solutions to bridge the ecosystem siloes within the blockchain space. By facilitating a more interconnected, efficient, and accessible digital asset environment, zkLink is driving forward the vision of a unified and decentralized blockchain ecosystem without boundaries.

About zkLink Nova

zkLink Nova is the pioneering Aggregated Layer 3 Rollup zkEVM network that brings unprecedented liquidity and asset aggregation to Ethereum and its Layer 2 Rollups. Built with ZK Stack and zkLink Nexus, it leverages ZK Proofs to enhance scalability and security. Developers enjoy an open platform for deploying Solidity smart contracts and instantly tapping into integrated networks like Arbitrum and zkSync. Nova simplifies DeFi by presenting a unified ecosystem for users and DApps, promoting a seamless blockchain experience.

Marine Moguls by MetFi $5.9 Million ERC-404 Airdrop Making Early Waves 6751

This groundbreaking initiative, leveraging the innovative ERC-404 protocol, is not only redefining the landscape of token and NFT distribution but also setting new records for engagement and community growth.

A Tsunami of Participation and Engagement

Since its launch, the Marine Moguls airdrop has seen a surge in activity, with thousands of enthusiasts joining the campaign, eager to be part of this unique opportunity. The promise of sharing 30% of $MOGULS among all airdrop participants has fueled an unprecedented level of interest, demonstrating the crypto community’s robust appetite for innovative and rewarding projects.

MetFi’s social media channels have been at the forefront of this tidal wave of enthusiasm, witnessing an extraordinary increase in user engagement — up to 17,000% in some cases. The growth in new followers and subscribers has been equally impressive, with some channels experiencing over a 100% increase in a few short weeks. This spike in engagement is a testament to the community’s excitement and support for the Marine Moguls project.

There’s Still Time to Dive In

With the airdrop running until May 21, 2024, there’s still ample opportunity for interested participants to join the campaign and secure their free $MOGUL tokens and NFTs. This initiative not only offers an accessible entry into the world of NFTs and tokens but also exemplifies the potential of blockchain technology to create engaging and inclusive community experiences.

Distribution and Innovation: The Heart of Marine Moguls

At the core of the Marine Moguls campaign is the innovative ERC-404 protocol, a pioneering technology that merges the best features of fungible ERC-20 and non-fungible tokens ERC-721 into a single ERC-404 smart contract thereby creating a seamless experience. This protocol ensures that NFT owners enjoy instant NFT liquidity and fractional ownership of NFTs, encapsulating the best of both worlds.

As previously announced, 3,000 Marine Mogul tokens and NFTs, representing 30% of the total supply, are being distributed through this airdrop. Participants generate points on the Marine Moguls Airdrop page, which will convert into $MOGUL tokens and NFTs at the Token Generation Event (TGE) scheduled for May 25, 2024. The campaign highlights the distribution of 2,500 NFTs with hidden prizes valued at ~$2.9 Million USDT and the allocation of 3,900 $MOGUL tokens to users who engage in staking, with the potential for high APY based on participation.

ERC-404: The Future of Token and NFT Interaction

The ERC-404 protocol’s dual nature facilitates a dynamic and fluid user experience, allowing for immediate liquidity of NFTs and fractional ownership of the Marine Moguls NFT collection. This innovative approach addresses common challenges in NFT trading, offering a more efficient and user-friendly model.

Looking Forward

As the Marine Moguls by MetFi campaign continues to make waves, it remains a beacon of innovation and community in the digital asset space. The enthusiasm and engagement from the community underscore the potential of inclusive, technologically advanced projects to shape the future of finance and digital collectibles.

To be part of this exciting journey, participants are encouraged to explore the Marine Moguls Airdrop campaign and join before the closing date on May 21, 2024. For more information, visit the Marine Moguls website and follow their social media channels for the latest updates.

About Marine Moguls by MetFi

Marine Moguls by MetFi represents a pioneering venture in the digital asset space, owned and powered by the visionary MetFi DAO. This innovative project is setting a new standard for the integration of technology and community in the blockchain arena. At its heart, Marine Moguls is not just a campaign but a revolution in how tokens and NFTs can coexist and complement each other through the cutting-edge ERC-404 protocol.

Designed to bridge the gap between the fungibility of tokens and the uniqueness of NFTs, Marine Moguls offers participants a unique opportunity to engage with the blockchain in a way that is both rewarding and revolutionary. The project’s commitment to instant NFT liquidity and fractional NFT ownership reflects a forward-thinking approach to digital assets, making it accessible and appealing to a broad audience.

By participating in the Marine Moguls by MetFi airdrop campaign, community members are not only part of an airdrop; they are at the forefront of an evolving ecosystem that challenges conventional notions of value and ownership in the digital age. Marine Moguls is a testament to MetFi’s innovative spirit and dedication to creating a more inclusive, dynamic, and valuable digital future for all.

Social Media Links

Website: https://marinemoguls.com
Telegram Chat: https://t.me/MetFiChat
Telegram News: https://t.me/MetfiNews
Discord: https://discord.gg/MetFiDAO
YouTube: https://www.youtube.com/@MetFiDAO
TikTok: https://www.tiktok.com/@Metfidao.Official
Certik: https://skynet.certik.com/projects/metfi
Medium: https://medium.com/@MetFi_DAO
LinkedIn: https://www.linkedin.com/company/MetfiOfficial
GitHub: https://github.com/metfi
CoinMarketCap: https://coinmarketcap.com/currencies/metfi2
CoinGecko: https://www.coingecko.com/en/coins/metfi
Instagram: https://instagram.com/metfidao