Ripple Partners With Three Crypto Exchanges as Part of XRapid Solution 9381

Ripple has added three cryptocurrency exchanges to its cross-border payments settlement product, according to a press release published August 16. Ripple has partnered with U.S.-based Bittrex, Mexican Bitso, and Philippine Coins.Ph cryptocurrency trading platforms within its initiative to build a “healthy” ecosystem of digital asset exchange.

The new partners will enable Ripple’s xRapid payments solution to move between XRP and U.S. dollars, Mexican pesos, and Philippine pesos respectively. Ripple explained the operational principle like this:

“A financial institution (FI) that has an account with Bittrex would initiate a payment in U.S. dollars via xRapid, which instantly converts into XRP on Bittrex. The payment amount in XRP is settled over the XRP Ledger, then Bitso, through its Mexican peso liquidity pool, instantly converts the XRP into fiat, which is then settled into the destination bank account.”

XRapid is a liquidity solution for Ripple’s blockchain-based real-time gross settlement system, which is developed to facilitate international fiat transfers between financial institutions. Ripple Chief Market Strategist Cory Johnson said:

“We’ve seen several successful xRapid pilots already, and as we move the product from beta to production later this year, these exchange partners will allow us to provide financial institutions with the comfort and assurance that their payments will move seamlessly between different currencies.”

In May, financial institutions who participated in the pilot of xRapid platform, which tested payments between the U.S. and Mexico, reported transaction savings of 40-70 percent. Additionally, the participants noted an improvement in transaction speed from 2-3 days to “just over two minutes.”

Although the testing showed solid product performance, Ripple chief cryptographer David Schwartz claimed that banks are unlikely to deploy blockchain to process international payments, citing low scalability and privacy problems.

Image via Shutterstock

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Join the Revolution: Financiere de Versailles Offers No Fees, No Commissions, Just Pure Crypto Success! 1498

In a bold move set to redefine the landscape of cryptocurrency trading, Financiere de Versailles has officially announced the launch of its new zero-fee, zero-commission trading platform. This cutting-edge offering is designed to empower traders by maximizing their profits through advanced AI-driven strategies, boasting an impressive 92.4% success rate.

The launch of this platform marks a significant shift in the cryptocurrency trading market, where high fees and commissions have traditionally eaten into traders’ profits. Financiere de Versailles is eliminating these barriers, providing a truly cost-effective solution for both novice and experienced traders alike.

“A New Era in Crypto Trading”

The announcement of this zero-fee, zero-commission platform could not be more timely. As the cryptocurrency market continues to grow in complexity and size, traders are increasingly looking for platforms that not only offer superior trading tools but also do so without the burden of high fees. Financiere de Versailles is answering that call, providing a revolutionary platform that puts traders’ profits first.

The introduction of this platform is a game-changer for the industry. Cryptocurrency trading has been on a rapid rise, attracting investors from all walks of life. However, one of the main challenges has been the often prohibitive fees that accompany trading on many platforms. With Financiere de Versailles, these concerns are a thing of the past. The platform’s zero-fee, zero-commission model ensures that traders can maximize their earnings without worrying about the usual deductions that can significantly impact profits.

“We are ushering in a new era in crypto trading where every trader, regardless of their experience level, can benefit from the market without worrying about fees eroding their earnings,” said the CEO of Financiere de Versailles. “Our platform’s AI-driven technology has been meticulously designed to optimize trading strategies and deliver consistent, high-performing results with a 92.4% success rate. We believe this is the future of trading.”

Why This Matters Now

The introduction of a zero-fee platform is particularly relevant in today’s financial climate, where economic uncertainty and market volatility are at an all-time high. Traders are seeking out platforms that can offer them a competitive edge, and Financiere de Versailles delivers just that. The platform’s AI trading bot is built to analyze market trends in real-time, execute trades with precision, and maximize profitability – all without the hidden costs that have become commonplace in the industry.

This announcement is not just a game-changer for individual traders but could also set a new standard for the entire industry. By removing commissions and fees, Financiere de Versailles is paving the way for more accessible and profitable trading experiences. The platform is designed to allow traders to keep more of their earnings, thus enhancing their ability to reinvest and grow their portfolios over time.

As cryptocurrencies continue to gain traction, the market is becoming increasingly competitive. Traders need every advantage they can get, and Financiere de Versailles provides that edge by offering a platform that is not only cost-effective but also technologically superior. The AI-driven strategies employed by the platform allow traders to navigate the complexities of the market with confidence, knowing that they are backed by one of the most advanced trading systems available.

Driving the Future of Trading

The CEO emphasized that this launch is not just about creating another trading platform but about fundamentally changing how people trade cryptocurrencies. “We’re focused on driving the future of trading by offering a platform that truly serves the needs of the trader. With no fees, no commissions, and the power of AI, we’re making sure our users have every advantage possible in the fast-paced world of crypto.”

The platform’s AI technology is one of its standout features. It uses sophisticated algorithms to continuously scan the markets, identify profitable trading opportunities, and execute trades automatically. This not only reduces the time and effort required from the trader but also significantly increases the likelihood of success in a market known for its unpredictability.

By leveraging AI, Financiere de Versailles ensures that traders can take advantage of market opportunities as they arise, without the delays that often come with manual trading. This real-time response capability is crucial in the fast-moving world of cryptocurrency, where seconds can make the difference between profit and loss.

Call to Action

Financiere de Versailles is inviting traders of all levels to join this revolution in crypto trading. With the promise of no fees, no commissions, and pure success powered by advanced AI, the platform is positioned to become the go-to solution for those looking to maximize their earnings in the cryptocurrency market. Traders can sign up today and start experiencing the benefits of this innovative platform.

To join the revolution and take advantage of Financiere de Versailles’ new platform, visit https://financieredeversailles.com/ and start trading smarter, not harder.

Rocko, A New Marketplace for Crypto-Backed Loans, is Officially Live 1808

Rocko, a new marketplace for accessing the best crypto-backed loans, has officially launched! Crypto owners can now use Rocko to quickly secure loans using their crypto assets as collateral, avoiding the need to sell their holdings. Users can access competitive rates from leading DeFi protocols — starting with Compound — and set up a loan within minutes, regardless of their level of expertise.

DeFi lending protocols like Compound and Aave offer lower interest rates and more flexible terms for crypto-backed loans than many centralized lenders. However, they are often seen as difficult to use. Rocko’s platform solves this by simplifying the borrowing process with an intuitive, step-by-step interface. Users can customize their loan terms and select which lending protocol they prefer to borrow from. Once the loan is finalized, a smart wallet is automatically created, which then interacts with the chosen DeFi protocol to fulfill the loan based on the user’s instructions. Since the wallet is non-custodial, users retain full and exclusive control over their funds.

One of Rocko’s standout features is its seamless compatibility with major exchanges like Coinbase, Gemini, and Binance — no need for complex Ethereum wallets or seed phrases! Borrowers can receive their USDC loans directly into their exchange accounts, making it easier to convert it to USD for various purposes, such as real estate purchases, debt consolidation, or large purchases. Coinbase users can link their accounts to Rocko, streamlining the process even further.

Rocko offers a comprehensive dashboard where users can manage their loans, track key metrics, borrow additional funds, make payments, and adjust their collateral. Additionally, users can set up text or email alerts to monitor collateral value and interest rates. Upon repayment, the collateral is automatically returned, along with any rewards earned from protocols like Compound.

Rocko takes security seriously by implementing industry-best practices and leveraging trusted solutions. Rocko smart wallets are fully non-custodial, meaning only users have access to any funds their wallets hold. The private key is encrypted and stored in a secure enclave provided by Turnkey, accessible only by the wallet owner. Rocko’s smart wallets are built with Kernel, a highly audited and trusted modular smart account. Additionally, many DeFi protocols, including Compound, do not allow for the rehypothecation of assets. This means when you take out a loan using Rocko, your collateral is not lent to other borrowers. Instead, it is locked in a smart contract until you repay your loan.

Rocko was founded by a team of experienced fintech founders who have built and launched innovative consumer financial products in TradFi and Web3 such as the Gemini Credit Card, MarcusPay by Goldman Sachs, and Ondo Finance. The original idea for Rocko came from their own frustration on how hard DeFi was to use despite the great value it offered. Their vision is to build one marketplace connecting all of DeFi that allows borrowers to easily access the best rates and liquidity from any number of protocols and networks, using any crypto assets.

Rocko is set to roll out a series of exciting new features in the coming months, including support for additional DeFi protocols, networks, and crypto assets. The platform will also introduce tools that help automate loan management, so users can borrow at ease and set their loans on autopilot.

To get started with Rocko and secure a crypto-backed loan today, visit https://rocko.co.

About Rocko:

Rocko is a new marketplace that connects crypto owners with the best DeFi lending protocols, enabling them to access crypto-backed loans quickly and securely. Rocko users can take advantage of competitive rates and flexible loan terms, receiving funds directly to their accounts at centralized exchanges or to their Ethereum wallets. The company was founded by a team of experienced fintech founders who have built and launched innovative consumer financial products such as the Gemini Credit Card, MarcusPay by Goldman Sachs, and Ondo Finance.

Growing the Buz Economy: Announcing the Social Intelligence Paranet Launch 2545

In the rapidly evolving world of tech and finance, the demand for innovation and adaptability is higher than ever, driven by a quest for transparency for internet users. LunarCrush has been at the forefront of Social Intelligence, converting human-driven insights into actionable information for both retail and institutional stakeholders. Originally focusing on the crypto industry, LunarCrush’s Social Intelligence now extends across diverse sectors such as technology, politics, travel, music, and more. Recognizing the convergence of crypto, the Internet, and Artificial Intelligence (AI), LunarCrush is making a significant leap forward in their transparency efforts through social intelligence. By launching the Social Intelligence Paranet on the OriginTrail Decentralized Knowledge Graph (DKG), LunarCrush aims to enhance content collection through incentivized crowdsourcing and enable the creation of AI-powered services on this trusted knowledge base.

The Decentralized Knowledge Graph and the Social Intelligence Paranet

The Social Intelligence Paranet will operate on the OriginTrail DKG, a permissionless peer-to-peer network that ensures all social content published to the Paranet is discoverable, verifiable, and attributed to its owners. This setup allows AI services leveraging this knowledge base to avoid challenges like hallucinations, managed bias, and intellectual property violations. For an in-depth understanding of the technical design of paranets, DKG, and decentralized Retrieval-Augmented Generation (dRAG), we recommend reviewing the OriginTrail Whitepaper.

The Social Intelligence Paranet Initiative

Aligned with LunarCrush’s growth trajectory, the Social Intelligence Paranet will initially target the crypto sector, attracting high-quality content creators and community members from various crypto projects. LunarCrush will also mine knowledge tied to their social insights, such as Alt Rank, Top Creators, and Sentiment analysis. Beyond knowledge mining, the Social Intelligence Paranet will feature the first AI-powered tool to interact with top knowledge assets on the Paranet, supported by LunarCrush. This AI-powered tool will be accessible to users paying with BUZ tokens. All BUZ tokens spent by users will be recycled as additional rewards for knowledge mining.

In the upcoming weeks, a comprehensive proposal for the Social Intelligence Paranet will be submitted to the NeuroWeb community for approval. The proposal will include:

  • Knowledge Assets created from LunarCrush APIs
  • An incentives model for knowledge miners targeting the first category of knowledge
  • A demo of the LunarCrush AI tool

Advancing the Wisdom of the Crowds

The traditional wisdom of the crowds concept eliminates idiosyncratic noise associated with individual judgment by averaging a large number of responses. Social Intelligence takes this concept further by unlocking actionable information through high-quality, curated knowledge enhanced with specific domain expertise. The rise of AI introduces the potential for another leap forward in extracting wisdom from a vast body of knowledge. Incentivized crowdsourcing to collect superior social content provides an ideal foundation for AI services to uncover wisdom that is not immediately apparent. While a conversational tool is the initial step, subsequent developments will include AI agents performing comprehensive tasks such as market analysis and prediction market suggestions. As the Social Intelligence Paranet expands beyond the crypto field, it promises to support enhanced decision-making powered by the wisdom of the crowds across various topics.

Unlimit partners with Alchemy Pay to streamline fiat-to-crypto purchases worldwide 2873

Global fintech company Unlimit today announced the expansion of its long-standing partnership with Alchemy Pay, the leading fiat-crypto payment gateway, aimed at enhancing its growth in key target markets, like the EU, SEA and LatAm, with the support of Unlimit’s extensive payment method portfolio.

Alchemy Pay facilitates fiat-to-crypto purchases across 173 countries, with strong coverage in Europe, Latin America, and Southeast Asia. The company is dedicated to providing accessible, user-friendly payment solutions that promote the global adoption of cryptocurrency by seamlessly connecting fiat and crypto economies.

Through this partnership, Alchemy Pay will streamline settlements and offer a wide range of global and local payment methods, including Visa, Mastercard, SEPA, and Google Pay, to consumers worldwide, guaranteeing a high level of security and service for individuals. It will also allow Alchemy Pay to expand its presence in key markets, reduce customer churn, and enhance customer loyalty by providing preferred payment options.

Irene Skrynova, the Chief Customer Officer at Unlimit, said: “We are excited to support Alchemy Pay on their mission to connect the world of traditional payment methods with the world of crypto. At Unlimit, we believe in ‘borderless payments’ and have dedicated over 15 years to making this a reality for our customers globally. This partnership brings us closer to an ‘omnipayment’ future, bridging the gap between Web2 and Web3.”

Alchemy Pay’s Ecosystem Lead, Robert McCracken said: “Our partnership with Unlimit will provide massive benefit to end users, by allowing Alchemy Pay to offer wider global coverage, lower costs, and improve transaction success rates. Their global payment experience and expertise will bolster our rapidly expanding suite of services which continue to be mainstream-friendly while ensuring security and stability in all areas. This is a great step forward.”

About Unlimit

Founded in 2009, Unlimit is a global fintech company that offers a large portfolio of financial services, including payment processing, banking as a service (BaaS), and an onramp fiat solution for crypto, DeFi, and GameFi. The company’s mission is to deliver solutions that eliminate financial borders, enabling businesses to operate both locally and internationally with ease across Europe, the UK, LATAM, APAC, India and Africa. Unlimit has 700 employees across 16 offices and five continents, including London, Singapore, São Paulo, Hong Kong, and Mexico. For further information, please visit: www.unlimit.com.

About Alchemy Pay

Founded in Singapore in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off Ramp, Crypto Card, Web3 Digital Bank, Crypto Payments and NFT Checkout, Alchemy Pay supports payments in 173 countries.

The Ramp is a one-stop solution to buy and sell crypto and fiat, easily integrated by platforms and dApps according to requirements. The Crypto Card solution empowers businesses and token issuers to provide users with branded virtual and physical cards for instant global spending. Additionally, our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. The crypto payment solution enables merchants to accept crypto payments globally, while allowing users to conveniently spend their crypto assets for everyday purchases. ACH is the Alchemy Pay network token on the Ethereum blockchain.

Major Advancement for MNT Node Holders 3237

Minutes Network Token team are pleased to announce two new initiatives that significantly upweight their Node holder rewards program.

First, the share of Epoch rewards allocated to Node holders has been increased from 60% to 70%, and this additional 10% is excluded from the algorithmic burn process.

Second, all Node holders will share from a specific 37.5million MNT reward pool which will be distributed over the first twenty-four months.

With Switch Nodes requiring a minimum stake of 50,000 MNT and Validation Nodes 10,000 MNT, the holder of each type of node can receive incremental rewards of 37,500 and 7,500.

This means each Node is set to potentially return up to 75% of Node holders initial token stakes over the first two-years which are additional to the monthly epoch MNT rewards.

The MNT Head of Token said “We listened very carefully to the interests of Node holders as they are critical stakeholders to the success of the project. These innovations significantly enhance the rewards available to node holders and provide a compelling reason for people to own as many nodes as they can.”

The full details can be found in the MNT Whitepaper accessible at minutesnetworktoken.io/whitepaper.

There are 119 Switch Nodes and 1069 Validation Nodes available for staking. Purchase nodes can be done by visiting portal.minutesnetworktoken.io.

About Minutes Network Token

Minutes Network Token (MNT) is a product of Minutes Network Token LLC, a company incorporated in St. Vincent and the Grenadines, Company Number 095LLC2022.

Minutes Network Token is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

MapleStory Universe Unveils Nexpace Protocol Today 3110

NEXPACE, a blockchain subsidiary of Nexon Group focused on expanding IP, today unveiled its proprietary NXPC token for the MapleStory Universe. NXPC aims to bolster both the in-game experience for users and support the overall MapleStory Universe ecosystem by enabling community contributors to take part in item creation in-game, a role traditionally reserved for game service providers.

NXPC’s innovative protocol is designed to foster sustainable ecosystem growth by balancing in-game item distribution while encouraging active user participation. With NXPC, contributors can interact with in-game items within MapleStory Universe, promoting a natural flow of community-driven growth. Supported by blockchain technology, items can be seamlessly integrated into the ecosystem, offering incentives for the community to participate and engage actively.

Sunyoung Hwang, Executive Director of NEXPACE, said: “The introduction of NXPC and blockchain technology to the 21-year legacy of MapleStory IP underscores our confidence in their transformative ability to revolutionise the gaming experience for all. The NXPC token aligns user incentives with the long-term growth of the ecosystem by distributing the ability to create items to contributors, fostering a continuous virtuous cycle of enjoyable experiences and growth of the IP. We look forward to our robust pipeline ahead, including releasing new information on the tokens within the year, as well as the various updates on the ecosystem and the PC MMORPG MapleStory N.”

The supply of IP items that can be redeemed through NXPC is limited per cycle, which is renewed on a regular basis, balancing the flexibility and the health of the in-game economy. The element of scarcity also reinforces the mutual increase in IP item value and NXPC value over time in a sustainable manner, laying the foundation for the long-term growth of the MapleStory Universe.

To elucidate NXPC mechanics, MapleStory Universe has introduced ‘Token Comics,’ which serves to demystify blockchain technology while strategically expanding the MapleStory Universe ecosystem. The comics act as a bridge between the gaming culture and blockchain innovation, providing an engaging medium to introduce complex concepts of digital ownership. Through this educational series, MapleStory Universe aims to enhance community engagement and cultivate awareness of its mission to reshape the future of online games with blockchain innovations.

About NEXPACE

NEXPACE is an IP-expanding project based on blockchain technology that utilises NFTs. The goal of NEXPACE is to bring creators and users together, fostering an innovative games community where members can experience various games and content developed by other members. With its blockchain technology, NEXPACE provides transparent and secure services, encouraging creators to freely express their ideas while users enjoy these fresh inventions. This represents the philosophy and ambition of NEXPACE.

MapleStory Universe Official Links
Official Website: msu.io
Official X: x.com/MaplestoryU
Official Medium: medium.com/@MaplestoryU
Official Discord: discord.gg/MaplestoryUniverse
Official YouTube: https://www.youtube.com/@MapleStoryU
Official Facebook: www.facebook.com/MapleStoryU.Official/