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Cloudbet Integrates Ethena USDe (sUSDe) Stablecoin And ENA Tokens | EVM News

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Willemstad, Curaçao, Netherlands, June 27th, 2024, Chainwire

Cloudbet, a leading cryptocurrency casino and sportsbook, announced the integration of Ethena USDe (sUSDe) and ENA. By integrating sUSDe on the platform, bettors have now the chance to receive returns even when their funds are not being wagered.

The move introduces a new level of financial flexibility and efficiency for Cloudbet users. Traditionally, when users deposit funds into their gambling accounts, those funds remain idle until they place their bets. Cloudbet’s integration of sUSDe, the staked version of the algorithmic stablecoin USDe, has entirely shifted the paradigm of betting, setting a new standard for user-centric innovation.

“Whether a user is betting or taking a break, their sUSDe continues to earn a yield,” says a Cloudbet spokesperson, “Users can potentially offset their betting costs or enhance their bankroll, generating value beyond their betting activities on the platform.”

Cloudbet’s decision to integrate Ethena’s USDe, sUSDe, and ENA comes after a thorough evaluation of the current cryptocurrency landscape and in consultation with the crypto community at large. After speaking with several prominent voices at the forefront of the digital currency world, it became imperative to give this opportunity. 

The decision to include Ethena tokens and ENA, the governance token for the Ethena protocol which launched at $0.55 in April 2024, is indicative of the platform’s proactive, crypto-native approach to developments in the space.

“We, like much of the crypto community, were attracted to Ethena and the concept of the Internet Native Yield,” says the Cloudbet spokesperson, “USDe’s underlying mechanics provide an advantage over the most popular stablecoins, in that users can stake USDe to obtain sUSDe and gain access to the protocol’s generated yield*. It gives Cloudbet users a superior advantage over other bettors – so it was, obviously, a high-priority item in the product roadmap.”

*As of June 27, 2024, the sUSDe yield is 10.1%.

Furthering its commitment to crypto-friendly online gaming, Cloudbet also expanded its support to multiple blockchain networks, including TON and Base.

About Cloudbet

Cloudbet is a proud pioneer of crypto betting. 

Since its launch in 2013, as the world’s first crypto-friendly sportsbook and casino, Cloudbet has served hundreds of thousands of users and taken millions of bets, establishing a reputation as the most trusted, secure, and VIP-friendly brand in crypto gaming. 

Cloudbettors can bet with 30+ cryptocurrencies, from Bitcoin, Ethereum, and stablecoins like USDC and USDT, to SOL and other popular altcoins. The site is available in 18 languages (including Spanish, German, Italian, French and Japanese). 

For media inquiries, odds, and insights, users can contact media@cloudbet.com.  

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Irene
Halcyon Super Holdings B.V.
irene@cloudbet.com


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$DOP Announces Listing On 7 Exchanges Including BYBIT, Kucoin, Gate.io, And Bitfinex | EVM News

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Tokyo, Japan, July 5th, 2024, Chainwire

$DOP, the token of the Data Ownership Protocol (DOP) will be available for trading in 7 major cryptocurrency exchanges such as Bybit, Kucoin, HTX, Bitfinex, Gate.io, MEXC, and WhiteBIT, starting July 5th, 2024.

The Data Ownership Protocol clarified that on Bybit, the token will be listed as $DOP1 to avoid confusion with an existing fiat coin. On KuCoin, Gate.io, Bitfinex, MEXC, and WhiteBIT, the token will be listed as $DOP.

DOP launched its mainnet six weeks ago, following a highly successful testnet phase that saw participation from 2.67 million users. In the last six months, the DOP ecosystem has grown significantly. Over 1 million DOP wallets have been opened, and assets worth more than 10 million USD have been encrypted using the protocol, showcasing the increasing demand for user-centric data ownership solutions.

“$DOP is the token of Data Ownership Protocol, a project that seeks to balance transparency and privacy on the blockchain, putting users in control of their data. The listing of our utility token marks a significant milestone and enhances our vision for the future of data ownership. We are thankful to our supporters and community who have believed in our mission from day one”, said Kohji Hirokado, co-founder of DOP and ex-core member at Cardano.

Currently, the $DOP token serves two primary functions within the ecosystem: facilitating fee payments and granting community rewards. The usage of the protocol’s data ownership features incurs fees payable in DOP tokens, creating a native demand for the token.

This system incentivizes DOP token retention while implementing a deflationary mechanism through fee burning. It also rewards network supporters via staking distributions. To date, 210,000,000 DOP tokens have been allocated for staking rewards, with over 1.1 billion DOP tokens already staked.

The listing announcement comes on the heels of Bybit’s positioning as the world’s second-largest cryptocurrency exchange by trading volume, surpassing Coinbase and trailing only Binance. Bybit’s ascent has been remarkable, with its market share doubling from 8% to 16% since October 2023.

To communicate the plans for the second half of 2024, DOP released a new roadmap following Q1’s success. The plan introduces a $5 million developer grant program, expands protocol capabilities, and plans deployment on EVM-compatible chains beyond Ethereum, reducing gas fees and reaching more users.

Moreover, the new developer SDK will enable developers to easily integrate and build dApps within the DOP ecosystem. Other objectives aim to enhance user security for managing NFTs by expanding functionality beyond ERC-20 tokens to include encryption and decryption of NFTs.

About Data Ownership Protocol (DOP)

The Data Ownership Protocol enables users to own their data. In crypto, financial data such as holdings, balances, and transaction history is publicly available on the blockchain. The mission of DOP technology is to let users decide what to share and with whom.

DOP aims to empower individuals and businesses with more control over their data through selective transparency, utilizing zero-knowledge cryptography and other advanced technologies.

For more information, users can visit Data Ownership Protocol’s: Official Website | Twitter | Linkedin

Data Ownership Protocol 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.

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Marketing
DOP
marketing@dop.org


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Asic Marketplace Celebrates 3 Remarkable Years Of Excellence In The Mining Industry | EVM News

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HK, HongKong, July 4th, 2024, Chainwire

ASIC MARKETPLACE is celebrating 3 remarkable years of leading the industry as the most reliable Asic sourcing platform, serving robust ASIC Miners across the world, marking phenomenal achievement and growth in the mining landscape. 

ASIC marketplace has been in the industry since 2021, where it has performed as a pioneer in reselling the 12800+ ASIC Mining Hardware successfully to date across 80+ countries. marketplace calls itself a successful and happy family of 4300+ customers globally due to the contributions it has made to deliver groundbreaking ASIC Miners to its customers at their doorstep. The company is known well for its innovative and economical range of ASIC Miners curated for every kind of consumer, its commitment to delivering the best, and its vision for elevating the mining experience for everyone who is or wants to be an integral part of the ASIC Mining industry. 

ASIC marketplace has reliably set a pertinent benchmark in the industry by collaborating with renowned players of the industry manufacturers to deliver high-quality products to help the miners reach their goals. Asic Marketplace constantly dedicates its success and extends warm thanks to its team members and customers for the unwavering support that they provided them over these three excellent years. 

The mining industry evolves each day, and new advancements are being introduced every time, which demand new innovative mining machines. Asic Marketplace stands firm as a pillar here that makes it possible for novices as well as professionals to cater for their mining needs, which speaks volumes about the work they have done over the years. 

The three-year milestone is a testament to the success of their collaboration with hi-tech industry leaders and manufacturers, which solidifies their position as a winning and highly recognized eCommerce platform. 

For more information, users can contact Asic Marketplace using the details mentioned below.

About ASIC Marketplace

ASIC Marketplace is a leading platform dedicated to providing a wide range of ASIC mining hardware. Founded in 2021, the company has quickly become a trusted name in the industry, known for its commitment to quality and customer satisfaction. With a presence in over 80 countries and a customer base exceeding 4,300 clients, ASIC Marketplace offers innovative and economical mining solutions to meet the diverse needs of the global mining community.

Website: https://asicmarketplace.com/ 

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Manager
Rain Lee
Asic Marketplace
rain@asicmarketplace.com


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Venom Expands Into India With Dual Listings On WazirX And CoinDCX | EVM News

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Global, Global, July 4th, 2024, Chainwire

Venom Foundation is pleased to announce a major milestone in its global expansion strategy: the listing of its native token, $VENOM, on two of India’s leading cryptocurrency exchanges, WazirX and CoinDCX. This pivotal move grants Venom access to a massive user base in the world’s most populous country, further driving the adoption and visibility of $VENOM.

“We are thrilled to announce the listing of $VENOM on WazirX and CoinDCX. This strategic move into the Indian market, with access to over 30 million users, marks a significant milestone for Venom. It underscores our commitment to fostering innovation and adoption in the blockchain space, paving the way for greater engagement and growth in one of the world’s most dynamic crypto markets.” – Louis Tsu, CEO of Venom Foundation

Rajagopal Menon, VP of Marketing at WazirX, said, “VENOM network has already checked several boxes such as addressing scalability and transaction issues in the crypto ecosystem. It has a diverse range of partnerships and its ongoing expansion showcases its popularity and burgeoning user base. WazirX is excited to give users the opportunity to trade this token.”

India: A Key Market for Venom

As the global cryptocurrency landscape evolves, India has emerged as a vital hub for blockchain and crypto. With its tech-savvy population and rapidly growing crypto community, India represents a monumental opportunity for Venom to expand its reach and drive adoption.

Listings on WazirX and CoinDCX

WazirX: As India’s largest cryptocurrency exchange, WazirX serves over 16 million users. $VENOM is now available for trading in USDT and INR pairs.

CoinDCX: CoinDCX, another major player in the Indian market, boasts over 14 million users. $VENOM is also available for trading in USDT and INR pairs.

Key Highlights

Vast User Reach: The combined user base of over 30 million on WazirX and CoinDCX offers unparalleled exposure for $VENOM in India.

Market Expansion: These listings mark a crucial milestone in Venom’s expansion strategy, highlighting the explosive growth and adoption of $VENOM in one of the world’s fastest-growing crypto markets.

Enhanced Accessibility: Indian users now have streamlined access to trade $VENOM in their local currency, fostering greater adoption and engagement.

Conclusion

The listings of $VENOM on WazirX and CoinDCX are pivotal steps in Venom’s strategy to enhance its global reach and liquidity. These listings align with the Venom Foundation goal of increasing adoption and expanding it’s presence in the global crypto landscape.

About Venom

Venom is a cutting-edge layer-0 and layer-1 network, seamlessly integrating with other independent networks through innovative Mesh technology. Anchored by a masterchain for overall state and consensus management, Venom supports unlimited autonomous workchains for user accounts, smart contracts, and dApps. Mesh technology optimizes inter-chain communication, ensuring speed and scalability. With rapid finality, comprehensive security, stability, and user-friendly interfaces, Venom is ideal for hosting CBDCs and large-scale platforms. Learn more at https://venom.foundation/

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Venom Foundation
media@venom.network


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