Coinbase Launches Trading Desk For Institutional Investors 4689

OTC, or over-the-counter, trading occurs between two parties directly ー as opposed to over an exchange ー typically between an investment bank and its clients.

“We launched our OTC business as a complement to our exchange business because we found a lot of institutions were using OTC as an on-ramp for crypto trading,” said Christine Sandler, head of sales at Coinbase. “We felt this was a huge benefit to our clients to actually leverage both our exchange and our OTC business.”

Earlier this month, Coinbase began to permit its clients to trade any asset that trades on Coinbase Prime and order books through its web interface, Skype, Bloomberg IB, email or phone, according to documentation shared with some clients and obtained by Cheddar.

“Trades settle seamlessly and instantly, with funds available for immediate withdrawal” and “no possibility of a failed trade and no need to chase down wires and blockchain transfers,” the documentation said.

Sandler said the company plans to expand the service offering to include delayed settlement and will potentially integrate it with Coinbase Custody, its platform for hedge funds, exchanges and ICO teams that launched this past July.

In May, Business Insider reported that Coinbase would add support for OTC trades. Shortly after, Coinbase launched the Prime platform, designed to lure institutional investors with trading tools and with longer-term plans to present over-the-counter trading, algorithmic orders, and advanced market data products.

The timing of the rollout was opportunistic and a reaction to client demand, according to Sandler. Earlier this year, Cameron and Tyler Winklevoss’ Gemini launched OTC trading. Circle has a similar product, Circle Trade, through its February acquisition of Poloniex.

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R Games Worlds First AI and Gaming token is set to Launch on Top Exchanges 5139

R Games, the Most Hyped AI and GameFi Project of 2024, an innovative gaming platform set to launch on Binance Smart Chain (BSC) & Solana Network, is on the cusp of a groundbreaking milestone as it gears up for the listing of its native token, $RGAME. This pivotal event represents a significant leap forward for the platform, set to redefine the gaming landscape within the Web3 ecosystem.

Distinguishing itself with cutting-edge features and a commitment to user empowerment, R Games offers a dynamic gaming experience infused with advanced AI technology and intricate automotive design elements. The platform’s fully customized approach, powered by Unreal & Unity engines, ensures an immersive and interactive gameplay environment.

Key features of R Games include interoperable NFTs, user-generated content capabilities, and AI-integrated designs that deliver precision engineering and unmatched visual appeal. This unique combination sets R Games apart as a frontrunner in the Web3 AI and Gaming sector, catering to seasoned gamers and newcomers alike.

As R Games prepares for its Token Generation Event (TGE) on April 8th, 2024, excitement is mounting within the gaming community. The platform has already garnered significant traction, with partnerships in progress with prominent automotive brands and a growing user base comprising over 50,000 gamers from Fabwelt Studios and 300,000 gamers onboarding from WEMIX Play. Additionally, collaborations with over 200 KOLs (Key Opinion Leaders) worldwide and influencers with a combined success of over $1B further solidify R Games’ position as a game-changer in the gaming industry.

The upcoming Initial DEX Offering (IDO) platforms like DAOMaker, Poolz Finance, Finceptor, Paragen and Cex and Dex listing platforms like Gate, MEXC, Pancakeswap, Raydium and BingX mark a crucial step in R Games’ journey towards widespread adoption and market penetration.

The $RGAME token’s Fully Diluted Valuation will be marked at $7.5M, with an initial market capital of $296,250

Supported by advisors and backers such as Ferrum Network, Lavender Capital, BMW Capital, Qu Ventures, IBC Group, Oddiyana Ventures, Mario Nawfal, Sky Wee, Yuen Wong, Robby Joe, and Rajan Raj among others, R Games is well-equipped to navigate the dynamic Web3 landscape and unlock its full potential.

Produced by Dubai-based Gyros Studios formerly known as Fabwelt Studios, R Games leverages state-of-the-art gaming development tools and AI-driven game design to deliver a seamless and captivating gaming experience. With a keen focus on user engagement and community building, R Games is poised to become a frontrunner in the ever-evolving Web3 gaming ecosystem.

As the countdown to TGE and IDO commences, R Games invites gamers, investors, and enthusiasts alike to join its journey towards revolutionizing the gaming industry and unlocking new possibilities in the Web3 world.

Who are the Founders of R Games?

R Games team comes from a successful studio venture Gyros Studios LLC Formerly Known as Fabwelt Studios LLC built numerous successful Blockchain Games

Loet de Hooge, Abhishek Pegada, and Rubina Naaz are the visionary founders of R Games, bringing together their diverse expertise and passion for gaming and blockchain technology. Loet de Hooge is known for his technical prowess and innovation, Abhishek Pegada contributes his strategic leadership and business acumen, while Rubina Naaz brings a creative and user-centric approach to the team.

Loet de Hooge has a background in Technical development and entrepreneurship, having successfully led previous ventures to success. Abhishek Pegada is a seasoned developer with a deep understanding of blockchain technology and its applications in gaming. Rubina Naaz is an experienced game designer and business head with a knack for creating engaging and immersive user experiences.

Highlights of R Games

The Alpha Version of R Games was officially launched on April 4th, 2024, at 14:00 UTC, having undergone extensive testing within their close-knit community. This testing phase has garnered overwhelmingly positive feedback, particularly regarding the game’s graphics, which are likened to Web3’s Asphalt. The seamless integration of high-end quality graphics has generated significant anticipation within the R Games Community leading up to the Alpha Launch.

Looking towards the future, R Games has ambitious plans in store. Development efforts are focused on implementing upgrades such as an advanced Upgrade System, Virtual Garage, and AI integration. These additions will provide users with various earning opportunities through models like Develop-to-Earn, Watch-to-Earn, and Play-to-Earn.

Within the game, players can fine-tune and electronically upgrade all vehicle models within the workshop, offering a customizable experience. The integration of AI technology allows users to effortlessly design their car characters, even without technical expertise. The roadmap also includes diverse modes like Formula One, Street Racing, Story Mode, and Off-Road Racing to cater to a broad audience.

For the Alpha version, the spotlight is on Circuit Racing, featuring professional racing tracks that promise an immersive experience. This comprehensive approach is designed to appeal to racers, automotive engineers, and car enthusiasts alike.

Co-founder Abhishek Pegada’s background as an Automotive Engineer has played a pivotal role in shaping R Games’ unique vision. His insight into the field’s dynamics has fueled the belief that many automotive engineers would relish the opportunity to work on passion projects during their leisure time. This vision has been realized through R Games’ innovative AI technology.

The collaborative efforts of the R Games team with a group of automotive engineers and R&D experts have resulted in the creation of original and innovative designs that enhance the R Games Ecosystem.

About R Games

R Games is a leading gaming platform built on Solana and Binance Smart Chain, offering a diverse range of gaming experiences powered by advanced AI and cutting-edge technology. With a focus on user engagement, innovative gameplay mechanics, and strategic partnerships, R Games is set to redefine the gaming landscape in the Web3 era.

SafeMars Expands To Solana 5420

In a bold move towards further decentralization and expansion, SafeMars, the pioneering decentralized finance (DeFi) project, has extended its reach beyond Binance Smart Chain (BSC) to Solana, igniting fresh excitement within the crypto community. With a record-breaking ATH of $1 billion achieved on BSC in 2021, SafeMars has stealthily launched on Solana on March 30, 2024, under the guidance of its original developers who are now determined to replicate their prior success on this new chain.

SafeMars emerged on the DeFi scene in 2021, swiftly capturing the attention of investors and enthusiasts alike with its innovative approach towards community-driven initiatives and tokenomics. Its meteoric rise to a staggering $1 billion market cap on BSC showcased not only its potential but also the trust it garnered from its ever-growing community.

The recent stealth launch on Solana signifies a strategic move by SafeMars to explore new horizons and tap into the vast opportunities offered by alternative blockchain networks. With the same visionary developers at the helm, SafeMars aims to replicate and surpass its previous achievements, setting its sights on establishing a strong presence on the Solana chain.

One of the key driving forces behind SafeMars’s success lies in its robust social media presence and engagement. Boasting a massive Twitter following of 135,000 loyal supporters, SafeMars has fostered a vibrant online community that actively participates in discussions, stays updated on project developments, and spreads awareness about the project’s mission and goals. This dedicated community has played a pivotal role in driving adoption and fueling SafeMars’s growth trajectory.

SafeMars’s expansion to Solana represents not only a significant milestone for the project but also a testament to its resilience and adaptability in the ever-evolving landscape of decentralized finance. By leveraging the high-performance capabilities of the Solana blockchain, SafeMars aims to enhance scalability, reduce transaction costs, and provide users with a seamless and efficient DeFi experience.

As the crypto market continues to evolve and mature, projects like SafeMars are at the forefront, pushing the boundaries of innovation and driving widespread adoption of decentralized technologies. With its successful track record, passionate community, and ambitious vision, SafeMars is poised to carve out a prominent niche in the burgeoning Solana ecosystem, ushering in a new era of decentralized finance.

In conclusion, SafeMars’s expansion to Solana marks an exciting new chapter in its journey towards redefining the future of decentralized finance. With its proven track record, experienced team, and unwavering community support, SafeMars is well-positioned to make a significant impact on the Solana blockchain and continue its mission of democratizing access to financial services for users worldwide.

Twitter: https://twitter.com/Safemartians
Telegram: https://t.me/safemarssolentry
Website: https://safemarscrypto.com/

Introducing BounceBit Testnet Phase 2: App Store 5701

Following the success of BounceBit Testnet: BounceClub East-to-West Event launched on March 8, 2024, BounceBit announces the rollout of BounceBit Testnet Phase 2: App Store.

While the previously launched Testnet BounceClub Event will operate as usual without any changes, BounceBit Testnet Phase 2 highlights BounceBit App Store’s features and encourages developers to deploy on the BounceBit Testnet by submitting their decentralized applications (DApps) to the BounceBit App Store through GitHub pull request.

BounceBit Testnet Phase 2 mirrors the mainnet environment, offering developers, validators, full node operators, delegators, and users an early preview of the BounceBit Mainnet. This phase welcomes everyone to interact with the BounceBit PoS staking chain and the BounceClub ecosystem.

Here’s what you can expect from BounceBit Testnet Phase 2:

Deploy on BounceBit testnet

BounceBit Testnet Phase 2 offers developers the chance to get an early experience of deploying on the BounceBit chain by submitting their DApps to be listed on the BounceBit App Store. The BounceBit App Store features both in-house DApps and those built by community developers or external projects. To have your DApp listed on the BounceBit App Store, submit a pull request on BounceBit’s GitHub repository. The BounceBit team will then review and, if approved, list your DApp on the BounceBit App Store. DApps that are listed during Testnet Phase 2 will receive priority consideration for being listed on the BounceBit Mainnet App Store based on their performance.

For more details on the onboarding process, please refer to BounceBit’s official guide.

Stress-testing DApps

BounceClub owners and users are invited to participate in testing all DApps that are listed on the BounceBit Testnet App Store. BounceClub owners can select and add DApps to their BounceClubs, while BounceClub users can interact with the DApps when exploring different BounceClubs.

The BounceClub community plays a crucial role in evaluating the listed DApps’ performance and security, identifying vulnerabilities that need to be addressed. This Testnet Phase 2 contributes to the resilience and reliability of the BounceBit ecosystem, striving to maintain a smooth and secure environment for all BounceBit users.

Onboarding more validators

The BounceBit Testnet has kicked off with its first set of node operators during the BounceClub East-to-West Event. Currently, there are 24 active validators participating, with a combined staking amount totaling over 1000 $BBTC and over 283 million $BB.

For Testnet Phase 2, BounceBit aims to broaden the network by inviting more validators to participate. New validators will be guided through the onboarding process for Phase 2 via Discord.

Testing BounceBit’s tokenomics

BounceBit Testnet Phase 2 will continue the rigorous testing of BounceBit’s tokenomics, including token generation events (TGE), inflation rates, vesting schedules, gas fees, block sizes, and the validator slashing mechanism. Additionally, the BounceBit native LSD module’s performance will be observed continually.

About BounceBit

BounceBit is building a BTC restaking infrastructure that provides a foundational layer for different restaking products, secured by the regulated custody of Mainnet Digital and Ceffu. The BounceBit chain, designed as a showcase of a restaking product within the BounceBit ecosystem, is a PoS Layer 1 secured by validators staking both BTC and BounceBit’s native token – A dual-token system leveraging native Bitcoin’s security with full EVM compatibility. Critical ecosystem infrastructure like bridges and oracles are secured by restaked BTC. Through an innovative CeDeFi framework, BounceBit empowers BTC holders to earn yield across multiple networks.

MVC unveils testnet version of game-changing Bitcoin sidechain asset bridge 6366

The Bitcoin ecosystem has recently been in the spotlight, with the emergence of innovative solutions such as the BRC20 concept and the continuous evolution of applications that captivate the market’s interest. This resurgence evokes memories of the DeFi summer of 2020 on the Ethereum network, where decentralized applications thrived alongside a surge in token prices, setting the stage for high expectations for the Bitcoin ecosystem. In a significant development, the much-anticipated Bitcoin ecosystem application, MicrovisionChain (MVC, Ticker $SPACE), has announced the testnet version of its cross-chain asset bridge feature, marking a game-changing milestone for the Bitcoin sidechain.

Developed through a collaboration between the MVC technical team and the Octopus Space team, the Orders Bridge is now a part of the MVC ecosystem. Currently, the Bridge facilitates cross-chain transactions exclusively from the Bitcoin network to the MVC network. MVC stands as one of the top three global Bitcoin sidechain solutions in terms of hash power and boasts impressive technical features, including smart contracts on UTXO public chains, low fees with high concurrency, and high throughput. Previous reports suggest that MVC can support nearly unlimited transactions per second (TPS).

By bridging assets to the MVC network, users can leverage the numerous advantages offered by the network’s features, effectively overcoming many limitations associated with transactions on the native Bitcoin network. The MVC solution offers significant cost savings, as cross-chain transaction fees to MVC are reported to be one five-hundred-thousandth of the peak rates on the Bitcoin network. Moreover, due to MVC’s network characteristics, transactions feature zero-block confirmations, eliminating network congestion and block confirmation delays as obstacles to trading. Unlike other Bitcoin cross-chain solutions, assets bridged to MVC remain based on the UTXO layer1’s Tokens, significantly reducing the risk of “fake Tokens.”

Beyond its groundbreaking asset bridge, Orders.Exchange also encompasses an order book DEX, Swap, and liquidity pools within its ecosystem. The platform gained widespread attention for being the first in the network to support a complete range of trading order types. It enables the trading of any Bitcoin asset, including Ordinals NFTs and BRC20 tokens, through the creation of ASK and BID orders. This approach ensures that the immediate trading needs of both buyers and sellers can be met. Notably, Orders.Exchange is the only platform in the Bitcoin ecosystem that supports the construction of BID orders, distinguishing it as a unique service provider in the space.

In its Swap and liquidity pool solutions, Orders.Exchange demonstrates strong technical capabilities and a commitment to decentralization and asset security. According to information disclosed by the team, its Swap and liquidity pool frameworks are built on a decentralized architecture. This framework splits users’ orders into several parts, each handled by different modules within the framework. Some modules solely process user operation data without touching the transaction data, while others are dedicated to allocating funds based on the orders without interpreting the transactions themselves. The modules operate independently without sharing data, significantly reducing the potential for losses due to hacking attacks. Impressively, this complex logic is executed within a single block, meaning Swap transactions only require confirmation in one block.

The liquidity pool is particularly critical, as it holds a significant amount of user assets, and inadequate security could expose users to financial risks. Orders.Exchange employs cold and hot wallet segregation along with a threshold multisignature approach for fund management. In the hot wallet (online environment), Orders.Exchange stores only a minimal amount of assets necessary for basic services. Assets exceeding this threshold are transferred to the cold wallet (offline environment), which replenishes the hot wallet only when its assets fall below the threshold.

To isolate cold and hot wallets, Orders.Exchange uses a threshold multisignature method to eliminate all potential internal misconduct. For the hot wallet, a 2/3 threshold multisignature is used, meaning three parties hold the multisig private keys, and any transaction requires signatures from at least two of them to proceed. The cold wallet employs a 3/5 threshold multisignature, underscoring a heightened emphasis on asset security. The institutions involved in the multisignature management are well-known security audit firms, each with a reputation to maintain. Known participants include sCrypt, a reputable Bitcoin network audit firm, and Scalebit, which has officially announced its audit work. Notably, Orders.Exchange plans to co-host a public seminar on asset security with the renowned audit firm Certik in early April.

With the multitude of positive developments surrounding Bitcoin and the approaching halving event, there is every reason to believe that the potential of the Bitcoin ecosystem is fully comparable to that of the Ethereum ecosystem at its inception. At this juncture, closely monitoring the movements within the Bitcoin ecosystem becomes particularly crucial. Orders.Exchange stands out as the most technically accomplished platform with already implemented functionalities, and we believe it possesses significant potential, heralding a new era for Bitcoin sidechain solutions.

Twitter: https://x.com/mvcglobal

TG: https://t.me/mvcofficial

Masa Network Integrates with LayerZero to Power Its Cross-chain AI Data Network 6577

Masa Network’s AI Data Marketplace will be an interoperable network for the world’s personal data, launching across multiple blockchains from day one

Masa Network, the world’s leading decentralized personal data network, has announced its integration with LayerZero, an interoperability protocol that seamlessly connects blockchains and allows developers to build omnichain applications, tokens and experiences. The integration with LayerZero will enable communication for the Masa Data Network which will be launched on a dedicated Avalanche Subnet, with Ethereum and Binance Smart Chain. The MASA token interoperability will further expand to Polygon, Base, Celo and more in the future via LayerZero’s Omnichain Fungible Token (OFT) Standard, which enables native cross-chain token transfers.

Masa is set to launch its native MASA token alongside the Network Mainnet on or around April 11th, 2024. Masa aims to shift the control of personal data back to users in the AI era. A person’s digital footprint and social graph is encrypted and stored in a completely private way in a Zero-Knowledge Soulbound Tokens (zkSBTs) data locker on the Masa Network. Users can own, share and earn from their personal data to train AI models, power AI agents, and power innovative AI applications.

Users earn MASA tokens as rewards when their data is used by developers to power the decentralized AI economy.

Calenthia Mei, the Co-founder of Masa, said, “Masa is thrilled to be integrating with LayerZero Labs, who has become the industry standard for interoperability. Masa wants to empower users to own, share, and earn from their data, no matter which blockchain network their data is on. With LayerZero’s support, we are excited to be cross-chain and interoperable from the very beginning.”

With the explosion of AI models, Masa has emerged as a leader in supplying vast amounts of privacy-first personal training data, powering the future of AI applications. It has amassed over 1.4 million unique wallets and over 37 million proprietary data points.

Developers can utilize Masa Network’s massive collection of private-by-default user data to train AI models, build innovative apps, power decentralized advertising, and more. Masa will also be providing out-of-the-box large-language models for real-time data searching within the network.

Simon Baksys, VP of Business of Development at LayerZero, commented “We are excited to collaborate with Masa to enhance privacy and innovation in AI development. The integration of LayerZero infrastructure with Masa’s ecosystem, will enable accelerated development of personalized AI applications while ensuring user data remains private and secure.”

About LayerZero

LayerZero is an interoperability protocol that connects blockchains (50+ and counting), allowing developers to build seamless omni-chain applications, tokens, and experiences. The protocol relies on immutable on-chain endpoints, a configurable Security Stack, and a permissionless set of Executors to transfer censorship-resistant messages between chains.

About Masa

Masa is the world’s personal data network, empowering users to own, share and earn from their data. In the AI era, Masa is building a scalable, secure, and resilient global data market, where millions of developers can build innovative applications using privacy-first user data.

Masa has amassed over 1.3 million unique wallets and over 37 million proprietary data points in its exponential growth since launch in August 2022. It has raised more than $9.2 million in funding from leading investors such as DCG, Anagram and GoldenTree, and was incubated by Coinlist’s Seed Program and Binance’s Most-Valuable-Builder Accelerator.

Reject anxiety, utilize TrendX wisely, and position yourself as smart money 6872

On March 26th, in the dynamic landscape of bull markets, TrendX announced the launch of AlphaSquare, marking a significant step in smart investment strategies. This event emphasizes the importance of choosing effective tools in a bull market, filled with wealth myths and abundant opportunities. However, not every participant can capitalize on these opportunities, as it demands smart decision-making. This article explores the strategic value of tools like TrendX, especially designed for these market conditions.

Navigating Uncertainties in Bull Markets:

With the advent of the Bitcoin ETF, the cryptocurrency market has entered a regular four-year bull market cycle, bursting with varied narratives like BTC and ETH ecosystems, Layer 2 solutions, and AI integration. While these trends offer great opportunities, they also create a challenging environment of information overload and decision paralysis for investors.

In this whirlwind of possibilities, investors grapple with the dilemma of choice and timing. The fear of missing out often leads to over-diversification or missed opportunities, impacting both profits and investor confidence. The sheer cost and complexity of accessing reliable information further exacerbate these challenges, leaving investors vulnerable and often misled.

Code-Based Reliable Strategy Tools:

Objective tools, such as TrendX, offer a robust solution. TrendX excels in market analysis, tracking a vast array of projects, Twitter influencers, and smart money movements. It’s a comprehensive database vital for crafting effective investment strategies.

Data analysis is crucial in the Web3 industry, revealing trends and patterns for informed decision-making. However, it’s the effective use of data that transforms it into a powerful investment tool.

TrendX stands out by providing indices on often overlooked emotional fundamentals and industry discussion heat. Using AI for sentiment analysis, it identifies correlations between market mood swings and token price movements. This feature is especially beneficial for short-term traders seeking clear investment targets.

Furthermore, TrendX simplifies smart money tracking. Following the moves of major players can be a strategic advantage for retail investors.

Harnessing Strategy Tools and AI:

The integration of smart money tracking with sentiment analysis forms the backbone of TrendX’s AlphaSquare. This feature offers multi-factor strategies, real-time updates, and backtesting analysis, empowering investors to make informed decisions in real-time, thereby maximizing profits and minimizing risks.

AlphaSquare has developed various strategies to cater to different investor profiles and is set to release more in the future. These strategies range from general investment approaches to more nuanced analyses combining smart money movements and KOL insights.

The upcoming update, Strategy Plaza, will allow users to customize and share strategies, fostering a community of shared learning and market trend insights. This feature is expected to enhance the platform’s effectiveness and accuracy through continuous user collaboration and strategy refinement.

Summary

In summary, utilizing the right strategy tools like TrendX’s AlphaSquare in a bull market can significantly enhance profit capture and foster growth among investors. It represents a transformative step in evolving from an ordinary investor to a well-informed, strategic market player.