Cryptocurrency

DeFi Protocol, Asymmetry Finance, Announces Partnership with Ampleforth and Unveils afUSD, Redefining the Stablecoin MarketAsymmetry Finance, a leading liquid staking tokens (LST) protocol, is set to launch its afUSD product in partnership with Ampleforth, marking a significant milestone in the DeFi landscape. Designed as a fully on-chain synthetic dollar, afUSD aims to offer competitive potential yields, scalability, and resilience to market fluctuations while remaining fully on-chain.afUSD, built on the innovative infrastructure pioneered by Ampleforth, distinguishes itself by its scalability, stability, and user-centric design. Unlike traditional stablecoins, afUSD utilizes Ampleforth’s AMPL with a unique supply-adjustment mechanism, eliminating the need for conventional collateral and associated risks. Its fully on-chain nature enhances decentralization and security, and by employing perpetually rotating AMPL tranches, afUSD aims to provide scalability and resistance to market volatility, with a design to be competitive with leading stablecoins.To date, Asymmetry has raised $4 million from notable investors like Founders of Convex, Founder of Frax, Avon Ventures (a venture fund affiliated with the parent company of Fidelity Investments), Republic Crypto, Side Door Ventures, Comma3 Ventures, and more.With its products and commitment to sustainability and innovation, Asymmetry is aiming to redefine the evolution of the stablecoin market through its synthetic dollar product.Key HighlightInterested users can visit Asymmetry’s website to learn more about afUSD.About Asymmetry: Asymmetry is a pioneering force in the decentralized finance (DeFi) space, committed to providing sustainable potential yield sources and investment opportunities. With a team of experts, Asymmetry creates permissionless strategies embedded in smart contracts, enabling users to automatically accrue potential yields. Asymmetry aims to become the go-to hub for synthetic dollar, LST, and LRT high-real-yield products.About Ampleforth: AMPL is a digital currency that adjusts its supply based on market conditions. It’s a decentralized protocol that will inflate or deflate the existing AMPL tokens in circulation based on the current market conditions. Ampleforth can be used for lending & borrowing, the creation of derivatives, and as collateral for a decentralized stablecoin.ContactAccount DirectorMike Evansmike@multipliedhq.comThis article was originally published on Chainwire More

Azuro, the leading liquidity layer for onchain predictions, is using Olas, the principal network for autonomous AI agents, to leverage their AI stack for the development of an autonomous agent capable of operating across the Azuro ecosystem.Azuro is the frontrunner infrastructure layer for sport and entertainment prediction markets within EVM chains. Over 25 apps are operational on the protocol, with many others already in the works. Its innovative liquidity pool design, sophisticated tooling and oracle solutions allow apps to deploy without upfront investment or running costs, saving them valuable development resources that can be directed to user acquisition, engagement and monetization instead.Transaction volumes on Azuro have been expanding consistently and rapidly over the past year, standing at $350+ million as of this writing, along with a protocol revenue in excess of $3M+, thus becoming the number 1 revenue-generating protocol on Polygon recently.Olas, known for its composable stack that supports the development of autonomous services, provides a framework for building advanced autonomous agent technology. These AI agents, while running off-chain, are represented on-chain by smart contracts.This union offers Olas AI technology the opportunity to access the fastest-growing prediction markets ecosystem. The Azuro AI agent will be capable of learning how to accurately predict outcomes of sports events. To maximize its learning, the agent will be retrofitted with data from Azuro markets. This AI agent, once operational, will be able to autonomously analyze, and operate in prediction markets on Azuro, enriching the ecosystem with data-driven insights and predictive capabilities for all participants.For more information or press inquiries:For more information or press inquiries, users can visit:This article was originally published on Chainwire More

Doggy AI (DOGYAI)has swiftly accumulated over $101,000 in its presale shortly after launch, and the DOGYAI team sees this as an encouraging start in the meme coin market.Built on the Ethereum blockchain, Doggy AI combines meme culture with advanced AI technology. It aims to attract a broad community by offering daily staking rewards, with the potential for participants to enhance their holdings efficiently.Presale Achievements and AllocationThe presale of Doggy AI has already surpassed $101,000, with no hard cap specified in the whitepaper. Thirty percent of the token’s 69 billion total supply is allocated for the presale. The allocation plan also designates 20% for staking rewards, 10% for community incentives, 10% for exchange liquidity, 20% for marketing efforts, and the remaining 10% for project support and expansion.Users can purchase DoggyAI $DOGYAI here. Innovative Technology Meets Meme Culture: The New Era of Crypto MarketingDoggy AI is rallying its vibrant community with the goal of ascending to the pinnacle of the meme coin market, showcasing a progressive model of modern community engagement.This project caters to a wide range of investor profiles by integrating advanced AI technology within a meme coin format. It appeals to both traders interested in high-risk ventures and those focused on long-term value.Doggy AI aims to emulate the success of similar ventures like Corgi AI and Turbo, which have effectively merged advanced technology with meme culture.However, Doggy AI stands out from its predecessors in several ways. First, its playful name and branding capture the contrarian essence of memetic culture. Additionally, its staking rewards are designed to mitigate the volatility typical of meme coins.Staking Rewards and Market StrategyThe staking supply will be gradually released over two years, initially targeting early participants for rewards. The team hopes these rewards will decrease as more users join the staking pool.However, these significant rewards are reserved for early participants, as the staking benefits will diminish as more users join the staking pool. The team plans for the prices to rise progressively throughout the presale, rewarding early investors with greater value for their investment.$DOGYAI is currently trading at $0.000289, but the next uptick will occur in one day or when the total raise hits $714,285.71.Users can follow Doggy AI on X or join its Telegram to stay updated.DoggyAI ($DOGYAI) introduces a unique fusion of meme. culture and artificial intelligence to the cryptocurrency ecosystem. By leveraging AI technology and the viral nature of memes, DoggyAI aims to create a fun, engaging, and rewarding experience for its community.ContactMarketing ManagerThomas BellinghamDoggy AIMarketing@web-3-media.comThis article was originally published on Chainwire More

The world’s biggest cryptocurrency jumped 3.5% in the past 24 hours to $69,367.6 by 08:40 ET (12:40 GMT). It had fallen as low as $66,000 on Tuesday.Bitcoin clocked wild swings in recent sessions, having also risen as far as $72,000 as sentiment towards cryptocurrencies remained on edge before more definite cues on U.S. interest rates. High rates diminish the appeal of risk-driven assets like crypto. They also present a tougher outlook for the sector by keeping liquidity levels low. This saw traders pivot out of Bitcoin and other cryptos earlier this week, and into assets more insulated against rate jitters, such as the dollar. While data showed Bitcoin and other crypto investment products saw $2 billion worth of inflows in the first week of June, this was not reflected in the price. The Fed is widely expected to keep rates unchanged at the conclusion of a two-day meeting later on Wednesday. But the central bank could potentially present a more hawkish outlook, especially in the face of sticky inflation and a resilient labor market.Before the Fed decision, key consumer price index data is due on Wednesday and is also expected to show inflation remained sticky in May. Recent jitters over the labor market and inflation saw traders scale back bets on a rate cut in September, which boosted the dollar and weighed on crypto prices.Beyond Bitcoin, major altcoins also rose higher later on Wednesday, recovering from the declines they saw earlier in the day.World no.2 token Ether advanced over 2% to $3,609.66, while ADA, XRP, and SOL rose between 1.3% and 3.5%. Among meme tokens, DOGE and SHIB rose 2.1% each.Bitcoin ETFs saw outflows for the second consecutive day as traders likely reduced risk ahead of key macroeconomic reports scheduled for later Wednesday.According to crypto research firm SoSoValue, the eleven ETFs saw a combined net outflow of $200 million on Tuesday, the highest since May 1, when outflows reached $580 million. These redemptions occurred during a Bitcoin sell-off, where the asset briefly dropped to $66,200 before recovering.Grayscale’s GBTC led the outflows, accounting for $120 million and continuing its trend as the worst-performing ETF by outflows since its launch in January, accumulating a total of $18 billion in outflows.Other ETFs, including Ark Invest’s ARKB, Bitwise’s BITB, Fidelity’s FBTC, and VanEck’s HODL, recorded outflows ranging from $56 million to $7 million. None of the ETFs reported any inflows.Traders attributed these outflows to precautionary moves ahead of the CPI reading, and the conclusion of the two-day Federal Open Market Committee (FOMC) meeting, during which the Federal Reserve’s monetary policy decisions will be announced.“Markets are [in] risk-off mode ahead of CPI and FOMC tomorrow. This month’s FOMC will also release the Dot Plot, which informs the market how many cuts the Fed anticipates for the rest of 2024,” QCP Capital said in a broadcast message on Tuesday.However, the long-term bullish outlook remains unchanged, QCP added. More

LIF3.com, the pioneering team behind the LIF3 omni-chain decentralized exchange (DEX) and blockchain, in conjunction with DG Labs Inc., creators of the innovative DeFi.Gold protocol, are thrilled to announce a strategic partnership. This collaboration marks a significant milestone as it aims to integrate Bitcoin digital assets including Runes, RGB, Taproot Assets, and Bitcoin itself into the LIF3 blockchain ecosystem as fully supported, native entities.This unique approach goes beyond the conventional asset-wrapping methods seen in current blockchain solutions. Instead, the LIF3 blockchain will inherently recognize and support these Bitcoin assets as native elements, allowing them to be held and transacted within the LIF3 ecosystem with the same ease and security as its original assets.Significance of the PartnershipThis partnership is set to redefine the landscape of digital assets by ensuring that Bitcoin’s various asset forms are seamlessly integrated into the LIF3 blockchain. This integration will allow multi-chain decentralized exchanges (DEXs) to incorporate $LIF3 into their order routing systems. By doing so, LIF3 will complement existing multi-chain solutions like Chainflip and Thorchain, facilitating effortless and decentralized swaps between meta assets across virtually any blockchain network. For example, this would enable the transfer of ERC-20 tokens with Runes in a fully decentralized manner, highlighting the versatility and broad applicability of the LIF3.com ecosystem.The Future of Cryptocurrency: A Decentralized Multi-chain VisionThe future of cryptocurrencies is undeniably leaning towards a decentralized, multi-chain environment. LIF3.com has an innovative Curated Layer-1 blockchain technology that is set to become a major enabler in this evolution, paving the way for more inclusive, efficient, and flexible digital asset transactions across diverse blockchain networks.Executive InsightsAbout DeFi.GoldDeFi.Gold is revolutionizing the Bitcoin blockchain with its non-custodial decentralized exchange (DEX) and NFT marketplace. Built on Bitcoin’s L1 and Lightning Network, it offers enhanced scalability, efficiency, and advanced features. Supporting Taproot, RGB, and Rune-based tokens for its swap exchange, it enables trading of various assets, including memecoins, utility tokens, DAO tokens, and stablecoins. Its NFT marketplace enhances liquidity for creators and collectors.The platform integrates with major Bitcoin web wallets and supports Lightning Network transactions for fast, low-cost operations. DGOLD, the governance token, empowers community-led decisions, driving innovation in decentralized finance on the Bitcoin blockchain.About the Lif3 EcosystemLif3.com is a complete, omni-chain DeFi ecosystem, Curated Layer-1 blockchain, and a self-custody wallet available on the App Store and Google (NASDAQ:GOOGL) Play – unlocking the potential of Web3 through consumer DeFi, iGaming, Music & Entertainment and beyond.Contact Information:For more information on DeFi.Gold, users can contact:Mona CoyleEmail: info@defi.goldTwitter: https://twitter.com/TeamDefiGoldFor more information on LIF3, please contact:Email: media@lif3.comTwitter: x.com/official_lif3Lif3 News and Updates:For official LIF3 Logos and branding, users can visit:https://docs.lif3.com/brand-assetsContactMona CoyleDG Labs Ltd.info@defi.goldThis article was originally published on Chainwire More

Epic Cash is celebrating its 5th anniversary with many improved features and is giving away 1 EPIC to the first 1000 participants. Information about the airdrop event can be found below.Epic Cash, is not just another cryptocurrency with a nice logo on the crypto market. Epic Cash is a standalone layer 1 blockchain with decentralized nodes and multiple wallet variants for mobile, desktops and servers. Epic Cash, in the world of blockchain and cryptocurrencies, is proud to celebrate its fifth anniversary since the launch of its mainnet on September 3, 2019. This milestone marks five years of continuous innovation and commitment to providing secure, decentralized and private financial solutions.Innovative Features of Epic CashPrivacy Protection – Epic Cash utilizes the MW protocol, ensuring that no transaction information, such as wallet addresses or transaction amounts, is stored on the blockchain. This makes Epic Cash highly resistant to decryption by quantum computing.Decentralization and Trust-Free Transactions – Operating on a distributed network of nodes, Epic Cash ensures that no central authority controls the system. Transactions are peer-to-peer, requiring no trust between parties​.Eco-Friendly Mining – With a polyphasic proof-of-work algorithm, Epic Cash allows mining using CPUs, GPUs, and ASICs, making it accessible to individuals using general-purpose computers. This algorithm promotes fair distribution and energy efficiency​.Why Epic Cash Stands OutEpic Cash is a champion of financial autonomy and privacy. In an era where surveillance and data breaches are rampant, Epic Cash offers a sanctuary of financial freedom and privacy. Transactions are swift, costing less than a penny, and can be executed in under a minute from any device​.Security and TrustEpic Cash’s commitment to security is unwavering. By leveraging advanced encryption and a decentralized network, Epic Cash ensures that user transactions remain confidential and secure. Its open-source nature allows for continuous scrutiny and improvement by the community, bolstering trust and transparency​.Community and EcosystemEpic Cash fosters a robust community and ecosystem. From user-friendly mobile and desktop wallets to comprehensive guides and support, Epic Cash is dedicated to providing resources that empower users and developers. The community is encouraged to participate, innovate, and grow within the Epic Cash ecosystem​.Launch DetailsEpic Cash fair launched in September 2019 with no premine. EPIC is acquired firstly by mining or alternatively by p-2-p transactions and online exchanges or swap service like ViteX and ChangeNOW. These exchanges facilitate seamless, non-KYC transactions, ensuring privacy and ease of use. Detailed guides and tutorials are available on the Epic Cash website to help users get started​.About Epic CashEpic Cash is an open-source, privacy-focused cryptocurrency designed to provide secure, private, and untraceable transactions. Launched without an ICO or venture capital, Epic Cash is committed to fair distribution and decentralization. Its maximum supply is capped at 21 million coins, mirroring the disinflationary model of Bitcoin.About Epic Cash’s AirDropEpic Cash is celebrating its fifth anniversary with an exciting airdrop event! As a gesture of gratitude to its growing community, Epic Cash is giving away 1000 EPIC coins. Every new member who joins the community can claim 1 EPIC for free. To participate, simply download the mobile wallet from https://epiccash.com/crypto-wallet-downloads/ and visit https://airdrop.51pool.online and follow the instructions to get your free EPIC. Don’t miss this opportunity to be part of a secure, decentralized, and private cryptocurrency movement!This article was originally published on Chainwire More

The wallet in question originally got its 8,000 BTC on December 6, 2018, when it was worth about $3,810 per coin. Since then, the value of the Bitcoin in this wallet has gone up by over 14 times, which is about $505.44 million.Traditionally, when lots of cryptocurrency is moved to exchanges, it often means that whales are planning to sell it, which puts downward pressure on prices. These big moves are watched closely because they can have a big impact on how big players feel about the market and how prices change.The reactivation of dormant whale wallets, especially those holding substantial amounts of Bitcoin, is typically considered a negative indicator for the cryptocurrency market. These whales possess the power to influence market prices due to the volume of their holdings. When these long-inactive wallets spring to life, it can create uncertainty and fear among investors, who may anticipate large-scale sell-offs that could lead to similar price declines.This latest transfer to Binance has already caused a bit of a ripple effect across the market, with the Bitcoin price falling by almost 4% today to $66,800.This article was originally published on U.Today More

British IKAR Holdings and Swiss – Japanese Unify Platform AG announced today at a press conference in Tokyo, Japan, the establishment of the world’s first Crypto Space Bank!Under the brand “Crypto Space Bank” both partners have initiated a groundbreaking project that redefines how cryptocurrencies are stored and transacted beyond Earth. By deploying a compact cube satellite, they are introducing a revolutionary banking service that houses cryptocurrencies in the cosmic realm.The innovation heralded by the “Crypto Space Bank” transcends conventional financial paradigms, merging digital assets with the vast expanse of outer space. This groundbreaking initiative promises a fusion of technological prowess and financial security like never before witnessed.At the heart of this visionary project is a commitment to redefining the storage, transaction, and security of cryptocurrencies. The “Crypto Space Bank” not only provides a secure haven for digital currencies but also offers seamless and borderless crypto financial services.By harnessing the boundless capabilities of space technology, the “Crypto Space Bank” sets a new standard in safeguarding and facilitating cryptocurrency operations on a global scale.IKAR Holdings is a leading entrepreneurial group of companies based in the UK, active across various sectors, ranging from education, technology, energy, health, sports, real estate, hospitality, aviation, to construction and services. The group has a current portfolio of more than 40 companies. With a focus on long-term growth and innovation, IKAR Holdings is committed to driving value and fostering sustainable development.About Unify Platform Token (UPT)Unify Platform Token (UPT) is a versatile cryptocurrency designed to enhance user engagement with decentralized platforms. UPT offers a wide range of applications and benefits, making it a valuable asset in the evolving digital economy.About UNIPLATUNIPLAT is an online platform that promotes the SDGs advocated by the United Nations, supports researchers, entrepreneurs, and corporations, and connects them with supporters worldwide. UNIPLAT provides a system that fairly and globally evaluates and supports research and activities that were previously impossible to realize due to geographical and regional limitations. Participants come from more than 140 countries.ContactPR ManagerMichael BertIKAR HOLDINGSpress@ikarholdings.comhttp://www.ikarholdings.comThis article was originally published on Chainwire More