Aurelia Butler

In the spirit of innovation that defines Paris Blockchain Week, LAKE (LAK3) is proud to announce the premiere of its Water Shop trailer. This reveal is not just a milestone for LAKE but a testament to the potential of blockchain technology to revolutionize one of the most fundamental needs of humanity: access to clean water.The LAKE Portal is an ambitious step forward in the company’s mission to democratize water access worldwide. Utilizing the power of the LAK3 token, the portal offers a direct, blockchain-enabled portal for individuals to buy, sell, own, and invest in water, from spring to consumer. This initiative not only promises to streamline water distribution but also ensures transparency, security, and fairness in every transaction.The release of the Water Shop trailer is timed to celebrate Paris Blockchain Week, a gathering that brings together the brightest minds in blockchain, NFTs, and Web3. By aligning the trailer’s release with the event, LAKE underscores its commitment to the ethos of blockchain for social good and leverages the international spotlight to share its vision with a global audience.The trailer offers viewers a first look at the sleek, user-friendly interface of the Water Shop. Viewers are invited to imagine a world where accessing clean water is as simple as a few clicks, all while contributing to a sustainable water economy. Next steps include releasing the Water Shop on the Testnet (Polygon) for a BETA testing to receive valuable feedback from the community. This phase will invite hundreds of members of the community before summer 2024.Jean-Hugues Gavarini, CEO and Co-founder of LAKE, expressed his enthusiasm for the launch, stating, “The Water Shop represents the culmination of years of hard work and innovation. As we unveil this trailer in conjunction with Paris Blockchain Week, we’re not just showcasing a product but inviting the world to join us in a movement that reimagines water access for the 21st century and beyond.”LAKE invites all Paris Blockchain Week attendees and the wider public to watch the Water Shop trailer and explore the possibilities it unveils. As the LAKE portal prepares for its official launch in 2024, LAKE continues to forge partnerships and develop features that will ensure its place at the forefront of blockchain’s intersection with water access for all.Check out the trailer on YouTube at: https://youtu.be/TNj5tG5dgEAAbout LAKELAKE is an innovative Web3 ecosystem facilitating a fair and decentralized access to water worldwide. This is the first project to bring a clear, transparent and decentralized ecosystem changing the way we interact with water, from purchasing, warehousing, to distributing, consuming and even donating it. With a mission to connect millions to Web3, LAKE sparks transformative change in how we perceive and manage this increasingly scarce vital resource.Learn more about LAKE (LAK3) at https://lak3.ioContactMedia ManagerCherence de BeneyLAK3 [email protected] article was originally published on Chainwire More

Mere weeks after hitting seven figures, Bitbot has continued its presale success, now with over $2.1 million in the bag, 80k Twitter/X followers, and over 27k in its Telegram community. For the Bitbot team, familiar with the market landscape and confident in their compelling product offering, this level of engagement and support comes as no surprise.Bitbot (BITBOT) is available to buy on the official site.Back in October, the Telegram trading bot market had under 10k daily active users. However, it has grown to around $1.4 billion in market cap since last summer. What’s more, out of the $18 billion cumulative trading volume, $12 billion of that was generated in 2024 alone, indicating that the industry is multiplying its momentum every single day.Competitors Banana Gun (near +300% token price gains this year) and Maestro (lifetime trading volume, $4.7 billion) have proven popular despite both suffering security mishaps. The Bitbot team views this as billions of dollars in untapped potential in the Telegram trading bot space. The sector merely requires a secure alternative to catalyze an influx of thousands of new users. Such a development could transform the current niche status of Telegram trading bots, propelling the sector to a valuation well into the tens of billions.The Bitbot team views the vulnerabilities found in Telegram trading bots as a major bottleneck, hindering user acquisition and suppressing market growth. Consequently, Bitbot is offering the industry its first chance to overcome this critical obstacle.In a newly released demo—a rare occurrence for products in presale—viewers are shown the frictionless manner in which users can gain market intelligence and place trades. This is likely to appeal to the legions of casual crypto investors who may have previously been scared off by the complexities of crypto trading.Bitbot’s team believes that with perfect market timing—as altcoin season is likely just around the corner—and the impact of the Bitcoin halving, Bitbot is positioned as a key player. The team is optimistic that this strategic positioning could lead to double-digit returns, potentially making Telegram trading bots the success story of 2024.Up to 50% of Bitbot’s revenue will be evenly distributed amongst BITBOT token holders, enriching the community and giving it the fuel to support the BITBOT token long term.Bitbot (BITBOT) is available to buy on the official site.Audited by Solid Proof, Bitbot focuses on security and follows the motto, “Your keys, Your wallet, Your assets.” To this end, the project has partnered with Knightsafe to deliver the world’s first non-custodial telegram trading bot, mitigating counterparty risk and reinforcing this with anti-MEV and anti-rug technology.For more information on Bitbot (BITBOT), users can visit the website.Official Website | Whitepaper | SocialsBitbot 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.ContactBitbot Press [email protected] article was originally published on Chainwire More

Web3’s biggest lifestyle app distributes 100 million FSL Points to users over a week-long eventMove-and-earn lifestyle app STEPN has launched an airdrop campaign that will see the distribution of 100 million FSL Points, equivalent to USD $30 million. These are redeemable 1:1 for STEPN’s native GMT token.The drop comes ahead of a soon-to-be-announced partnership with one of the world’s best-known sports brands.The leading, Solana-based NFT project is conducting the airdrop in two phases, culminating today –Wednesday, April 10.This airdrop is the first of several high-profile announcements from STEPN that are set to significantly boost its competitive position and reignite the move-and-earn sector. As crypto enters a fresh market cycle and mainstream interest renews in innovative fitness and lifestyle solutions, STEPN is one of the few initiatives to bridge the Web2 / Web3 divide.About STEPNSTEPN stands as the leading move-and-earn platform globally, motivating individuals to stay active. Launched in 2021 by FSL, it currently boasts a 5 million user base, and ranks among the top applications by TVL. By incentivizing exercise with crypto rewards, the app requires users to purchase a virtual Sneaker NFT, link their smartphones, and earn rewards through walking, jogging, or running.For more information users can visit STEPN’s Official Website | Twitter | TelegramAbout FSL IDFSL ID is a pioneering platform in the Web3 domain, offering a universal login tool and a gateway to rewards within the FSL ecosystem. Integrating STEPN, MOOAR, and Gas Hero, FSL ID introduces a comprehensive rewards system, incentivizing user engagement. For more information users can visit: id.fsl.comContactPR DirectorRebecca [email protected] article was originally published on Chainwire More

“We can see with each passing day that long-term investors, who usually hold onto their Bitcoins for at least six months, are exiting the market. It’s a sign of profit-taking that precedes more significant drops,” assesses Fernando Pereira, an analyst at Bitget.The liquidity in US dollars has reportedly deteriorated in recent weeks, which may bring short-term headwinds for Bitcoin. Manuel Villegas, digital asset analyst at Julius Baer, assesses that average prices have remained unchanged in recent weeks, but volatility has been significantly high. Nonetheless, in his view, April’s halving should increase Bitcoin’s supply constraints. “While the deterioration in US dollar liquidity may pose some short-term hurdles, in the medium and long term, the imbalance between supply and demand will continue to drive prices, particularly post-halving,” he emphasizes.Villegas argues that crypto market prices have been supported by the minting of stablecoins. “Their market capitalization has grown to about $151 billion, or 6% of total digital assets. Tokenized forms of money are growing, and this is happening rapidly,” he adds.The Julius Baer expert recalls the rise in institutional interest in Bitcoin, with some of the largest investment banks and hedge funds starting their journeys in the US ETF market. More

This outflow, reported by J.P. Morgan, interrupts a four-day streak of inflows totaling a net of $570 million into these institutional investment vehicles. The report further examines the cryptocurrency market’s dynamics on the 60th trading day of the U.S. spot Bitcoin ETF.According to the analysis, the daily gross sales excluding Grayscale’s Bitcoin Trust (NYSE:GBTC) plummeted to $80 million, marking the lowest figure since the ETF’s launch. This decline is primarily attributed to an increase in GBTC redemptions and a slowdown in investments into “blue chip” cryptocurrency offerings. Specifically, GBTC outflows reached -$304 million, surpassing its daily average of -$263 million since its launch. Since its transition to a spot ETF in January, GBTC has seen a total outflow of $15.8 billion. This sum represents 48% of the Bitcoin balance it held before converting into a spot ETF.On the other hand, Bitwise’s (NYSE:BITB) emerged as the top asset collector of the day, with $40 million in sales. Meanwhile, combined inflows for Blackrock’s iShares Bitcoin Trust (NASDAQ:IBIT) and Fidelity’s Fidelity Wise Origin Bitcoin Fund (NYSE:FBTC) amounted to nearly $28 million.Bloomberg ETF analyst Eric Balchunas provided a broader perspective, noting that IBIT (BlackRock (NYSE:BLK)) and FBTC (Fidelity) have consistently received cash for 59 consecutive days, placing them among the top 20 all-time in terms of inflows.In related news, James Seyffart reported that Defiance has filed for a 2x leveraged Ethereum futures ETF, trading under the ticker ETHL, and a 2x leveraged Microstrategy (NASDAQ:MSTR) ETF. Additionally, Seyffart noted that the decision on allowing options on spot Bitcoin ETFs has been postponed by the SEC, highlighting that approval from various regulators is required and that the process could be lengthy with no definitive timeline. More

Archblock, a leading innovator in the world of fiat-backed stablecoins and blockchain technology, is proud to announce the launch of 1USD, the first stablecoin on Aleph Zero, a privacy-focused layer-1 blockchain. This groundbreaking development not only introduces a stable medium of exchange within the Aleph Zero ecosystem but also paves the way for explorations around privacy-enhanced stablecoins.1USD is a native stablecoin on Aleph Zero, collateralized by cash and cash equivalents and redeemable at a 1:1 ratio with the US dollar. This stablecoin aims to give users of the Aleph Zero network a reliable and stable means of exchange while leveraging the inherent benefits of blockchain technology. The transparency of public blockchains poses a significant challenge to the widespread adoption of cryptocurrencies. While transparency is often seen as a benefit, enabling trust and accountability, it stands in stark contrast to the level of privacy users expect from traditional financial systems. The open nature of most stablecoins, where wallet balances and transactions are fully visible, can deter both individuals and institutions from fully embracing these assets.However, the launch of 1USD on Aleph Zero, a privacy-focused blockchain, aims to solve this problem. By leveraging Aleph Zero’s advanced privacy features, 1USD offers users the stability of a stablecoin while ensuring that their financial activities remain confidential. This innovative approach bridges the gap between the transparency of blockchain technology and the privacy expectations of traditional finance, paving the way for greater adoption of stablecoins and unlocking their full potential in the global financial ecosystem.According to the team the launch of 1USD on Aleph Zero opens up a world of possibilities for users and developers alike. Aleph Zero’s focus on data confidentiality and speed, combined with the stability of 1USD, creates an ideal environment for a wide range of applications. From secure financial transactions to privacy-preserving decentralized finance (DeFi) solutions, 1USD on Aleph Zero is poised to drive the next wave of innovation in the blockchain space.For more information about 1USD and Archblock’s Stablecoins portfolio, users can visit here or for any enquiries about this release, please contact [email protected] About Archblock StablecoinsArchblock is expanding access to financial opportunities and global trade with its Archblock Stablecoins portfolio and Archblock Marketplace. Archblock Stablecoins offers the technical and operational foundation to build white-label stablecoins for others, and operates a portfolio of fiat-backed stablecoins. For more information about Archblock Stablecoins, please contact Archblock at [email protected] Aleph ZeroAleph Zero is a layer 1 blockchain engineered for speed, data confidentiality, and ease of development. It achieves efficiencies akin to conventional web2 systems, upholds rigorous standards for data protection via ZKP and MPC, and offers a comprehensive toolset for WASM-based web3 development in Rust. Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications that are supported by Aleph Zero programs.ContactPR ManagerJosh AdamsAleph [email protected] article was originally published on Chainwire More

Web3 platform for startups, Permissionless Capital has invited web3 startups to apply for its Permissionless Opportunities Event. The program will provide eligible web3 startups with access to the resources they need to successfully build out their concept and bring their product to market.Permissionless Opportunities provides outstanding web3 startups with the tools, funds, and connections to navigate the blockchain industry and launch their product. Applications for the Permissionless event can be made in just 90 seconds, with no fees or pitches required. Dozens of startups are expected to apply for the inaugural Permissionless Opportunities Event, with the best applicants subsequently being invited to take part in the program.The largest event of its kind for web3 and blockchain startups, Permissionless Opportunities gamifies the fundraising process and empowers outstanding companies to fulfill their potential. The event has secured partnerships with the likes of Solana, Polygon, ImmutableX, Chainlink, Arweave and many others.Permissionless Opportunities was designed in the manner of a gameshow, complete with an audience participation component. The winners of the contest will be determined equally by expert judges and community consensus.Winners of Permissionless Opportunities Event will have the opportunity to pitch to more than 50 leading VCs and to partner with ecosystems that will help to advance their concept and provide mentoring and technical support. Other perks include 1:1 access to expert advisors, credits, discounts, and extensive coverage in media outlets to raise their profile.The program is targeted at web3 startups in the Defi, infrastructure, security, Gaming and RWAs categories and encompasses both B2B and B2C applications. Applications can be registered with Permissionless Opportunities from April 10-May 1. The program promises to shine a light on the next generation of web3 companies while giving the best applicants everything they require to optimize their prospects of success.About Permissionless Opportunities EventPermissionless Opportunities is the first online event hosted by Permissionless Capital. The startup and investor network believes in equal opportunities, regardless of a startup’s connections, background or country. Permissionless Opportunities takes the form of an online contest that’s free for web3 startups to apply to and attend. Successful applicants will have the opportunity to receive grants, credits, 1:1 mentorship and exposure to the biggest media outlets.Learn more: https://event.permissionlesscapital.io/ContactNir [email protected] article was originally published on Chainwire More

LONDON (Reuters) -The high concentration in crypto trading on a handful of exchanges, with Binance alone accounting for about half the market, raises concerns about the impact of a failure on the sector, the EU’s securities watchdog said on Wednesday.The bloc is rolling out the world’s first comprehensive set of rules to regulate trading in cryptoassets such as bitcoin, Ether and Tether, requiring exchanges to be authorised.The European Securities and Markets Authority’s detailed analysis of what’s being traded and by whom found that so far the euro currency plays only a minor role.Trading volumes are highly concentrated, with ten exchanges processing about 90% of trades, and the largest, Binance, accounting for about half the market.”While this might be advantageous from an efficiency standpoint due to economies of scale, it raises considerable concerns regarding the implications of a failure or malfunction at a major asset or exchange for the wider crypto ecosystem,” ESMA said.”We observe that the market concentration among exchanges has increased over time, and that Binance alone accounts for more than 50% of trading volume.”Binance had no immediate comment.Bitcoin hit an all-time high of $73,803.25 in March, but the total value of all cryptocurrencies – $2.7 trillion, according to CoinGecko – still represents a tiny fraction of the global financial system.ESMA said identifying the origin of order flow or the geographic location of crypto exchanges remains problematic, with about 55% of current global trading volumes executed on exchanges that hold an EU licence.Most transactions occur outside the bloc at exchanges domiciled in tax havens, ESMA said.”Contrary to the frequent claim that crypto assets could represent a safe haven in times of wider market stress, we find a certain co-movement with equities and no stable relationship with gold,” ESMA said.ESMA holds a webinar on April 25 to discuss its findings. More