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Introducing $MIR, a bep 20 token designed to ease transactions between regions of the world on a broad scale, ushering in the future of blockchain finance

500NewsWire

New York, Dec. 14, 2023 - ( 500NewsWire ) -- Yes, blockchain technology has indeed revolutionized the traditional financial sector in many ways. $MIR TOKEN, as an example, is a cryptocurrency token built on the blockchain that aims to streamline and enhance investment opportunities. By utilizing smart contracts and decentralized platforms, it offers investors more transparency, security, and efficiency in their transactions. This technology allows for borderless investing, eliminates intermediaries, and provides access to a global market 24/7. Overall, blockchain technology has the potential to reshape the investment landscape, making it more accessible and inclusive for individuals worldwide. Weblink and social media https://japapmessenger.com/register?ref=MIRTOKEN https://t.me/MIRTOKEN_CHANNEL... https://t.me/OFFICIAL_MIRTOKEN... https://twitter.com/TokenMir https://www.facebook.com/Mirtokens https://www.reddit.com/user/MIR-TOKEN Smart contract Link: https://bscscan.com/token/0x2134f3a7b18ae4161fbab6eccca7497e17a6777b Website: https://mir-token.com/ Uniqueness: MIR will provide the banking system with the first models of a supreme open source Blockchain, via R3, Corda and Ripple. Secure your future of quick low-cost investments with $MIRTOKEN Buy Now: $MIR on Coinstore https://www.coinstore.com/#/spot/LMCSWAPUSDT $MIR on Coinsbit https://coinsbit.io/trade_classic/MIR_USDT $MIR on Toobit https://www.toobit.com/en-US/spot/MIR_USDT $MIR on Azbit https://azbit.com/exchange/MIR_USDT $MIR on Mexc https://www.mexc.com/exchange/MIRTOKEN_USDT?_from=header MIR Token markets Total Supply: 10 000 000 000 Burned: 7 500 000 000 Max Supply: 2 500 000 000 Blocked for 3 Years: 2 000 000 000 Circulation Supply: 500 000 000 Secure your future of quick low-cost Crypto-investments with $MIRTOKEN Website: https://mir-token.com/ Contact Details MIR TOKEN Team Marketing info@mir-token.com

December 14, 2023 07:28 AM Eastern Standard Time

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News Release

Dogecoin (DOGE) turns 10; Traders Eye Pullix Exchange (PLX) & Kaspa (KAS) For faster market cap growth

Total Media

The crypto market is booming. Dogecoin (DOGE) is celebrating its 10th birthday, while Pullix (PLX) and Kaspa (KAS) are making headlines with their explosive growth potential. Pullix is currently in its first stage of presale, and is tipped to surge 100x in 2024. Let's find out why. Dogecoin (DOGE) Celebrates 10th Anniversary with Strong Performance Dogecoin (DOGE) is celebrating a decade of existence and showing signs of stability. Moreover, over the past week, its InvestorsObserver Sentiment Score has been "Neutral," suggesting a balanced market outlook with no strong buy or sell signals. Additionally, Elon Musk's love for Dogecoin (DOGE) has helped its price jump. He calls himself the "Dogefather," and even changed X's logo. Thus, it has gotten investors excited and pushed the price of Dogecoin (DOGE) up. The recent market rally has also been fueled by optimism for the launch of spot crypto ETFs and anticipation of Fed rate cuts. These factors have helped to push the price of Dogecoin (DOGE) to new 2023 highs. Dogecoin (DOGE) is currently trading at $0.0983. Dogecoin’s (DOGE) price is still far from its all-time high of $0.74, sitting 86.72% lower. Kaspa (KAS) Price Soars Over 2700% in a Year Kaspa (KAS) is making waves in the crypto world. It's now available on more exchanges like Bitrue and Exchange.io, making it easier for everyone to buy and sell Kaspa (KAS). Thus, more people can join the growing Kaspa (KAS) community, and participate in its exciting ecosystem. Additionally, Kaspa (KAS) has also launched its mobile wallet, Kaspium. This user-friendly app makes it easy to send and receive KAS tokens, track your balance, and stay connected to the Kaspa network. All these developments are fueling Kaspa's (KAS) impressive growth. Kaspa’s (KAS) price has skyrocketed by over 2,700% in the past year, reaching a high of $0.15. While it's currently at $0.13, it's clear that Kaspa (KAS) is on an upward trajectory. Pullix: A Crypto Trading Platform Primed for Explosive Growth in 2024 Crypto trading is exploding, with copy traders leading the charge. 9 out of 10 copy traders made money in both futures and spot trading, raking in over $74 million. This shows how much potential individuals have in the crypto market, and Pullix is ready to give them superpowers. It is an exciting new crypto trading platform, currently in the first stage of its presale, attracting significant attention and buzz in the crypto community. But what makes Pullix so special? And why are experts predicting a 100x surge in its native PLX token in the coming year? Let’s see… Unlike slow, expensive, and complicated trading platforms, Pullix uses blockchain technology to make trading faster, cheaper, and easier. The platform's advanced security system protects user funds, and ensures that your money is always safe. But what really sets Pullix apart is its revolutionary way to earn passive income. Through its native PLX token, users can earn passive income in multiple ways. Pullix lets users earn passive income with staking, market-making, and diverse investment options. Furthermore, users can choose long-term holding with staking rewards, contribute to platform liquidity for a fixed interest rate, or explore traditional and new crypto-based strategies to customize their income generation. Thus, it is expected to grow rapidly in 2024. This early sale lets users get PLX tokens for a lower price of $0.042. Don't miss out on this chance to join Pullix at its early stage. For more information regarding Pullix’s presale see links below: Visit Pullix Join The Pullix Communities Contact Details Total Media Solutions media@Totalsolutionspr.io

December 14, 2023 07:20 AM Eastern Standard Time

News Release

New Era in DeFi: Everlodge (ELDG) Outshines Ethereum (ETH) and Solana (SOL)

Total Media

Ethereum (ETH) is the leading DeFi project with a TVL of more than $30 billion. While Solana (SOL) is hot on the tail of Ethereum with its fast transaction speeds and growing popularity, a new player has entered the DeFi game — Everlodge (ELDG). This new DeFi project is especially intriguing as it surged by 170% during a presale phase of discounted tokens. Let's examine Everlodge's offering and why it's creating quite a buzz in the DeFi world. Revolutionizing Real Estate Investment with Everlodge (ELDG) Everlodge is reshaping the $280T real estate industry by using blockchain technology to transform physical properties into digital assets. This enables anyone to invest, trade, and own a fraction of the world's real estate. $100 is all that retail investors need to own a fraction of some of the most sought-after properties in the world. Everlodge isn't just revolutionizing ownership but is also energizing the broader real estate sector. The Launchpad function is a central hub between ambitious property developers and a community of investors. It's a place where developers can easily secure development capital while investors gain access to exclusive pre-sale deals. Then there's the Rewards Club, a testament to Everlodge's vision of delivering unparalleled experiences. Whether it's enjoying complimentary stays, monetizing acquired nights, or leveraging property-related NFTs for loans, there are rewards for all to enjoy. While the Everlodge platform has yet to launch, the ELDG token can be bought for just $0.027 during the presale. This price will keep increasing as word spreads about the project's potential. Once on exchanges, ELDG is expected to surge by 30x when the platform launches. ELDG tokens are well worth holding onto as they come with staking rewards, exclusive deals, discounts on stays, reduced fees, and more. This means that holders may not only benefit from potential token price appreciation but also from additional incentives. Everlodge is the perfect example of DeFi's true potential in the real world. The real estate market is one of the largest and most valuable in the world, and by integrating blockchain technology, Everlodge could become a household name. Visit Everlodge Ethereum (ETH) Price Analysis and Resistance Hurdles Ethereum continues to reign as the leader in smart contract technology, boasting a formidable market capitalization of $270 billion and a Total Value Locked (TVL) of $28.50 billion. Ethereum has been a linchpin in the DeFi arena, powering popular projects like Uniswap, MakerDAO, and Aave. However, Ethereum is starting to lose its sheen as scalability and high gas fees pose major obstacles to further growth. The rise of Solana, Avalanche, Comos, and other Layer-1 solutions has intensified competition, with Ethereum facing challenges in maintaining its dominance. This seems to be reflected in the Ethereum price, which is hovering at the lowest ETH/BTC ratio since June 2022. The ETH/USD chart shows more positive signals, but Ethereum still struggles to surpass the $2,500 resistance area. Yet, there are positive developments for Ethereum. Notably, Blackrock and other institutional entities are seeking the SEC's approval for spot Ethereum ETFs, which could propel ETH to new heights and potentially ignite another bull run. The development of layer-2 solutions, like Arbtrium, Optimism, and Polygon, also boost Ethereum's scalability and address its high gas fees. Plus, the anticipated EIP-4844 update will take fees to below a dollar. Whether these technical developments can take Ethereum to the $10,000 price level remains to be seen. Some early Ethereum fans are now using their ETH tokens to join the Everlodge presale, especially while tokens remain at low prices before price discovery begins. Assessing Solana (SOL)'s Market Potential Solana is on a mission to be the fastest and most user-friendly blockchain, and it's gaining significant traction in the DeFi space. Solana fans appreciate that products can already be built on the platform and that it can process thousands of transactions per second. Unsurprisingly, Solana's TVL has grown to $898m, and there are over 50 million transactions daily. The price of Solana reflects the growing interest in the platform, with the current price of $69 representing a 762% gain since January 1st, 2023. But just how much higher can Solana go? The chart shows that $80 is the next strong resistance level to overcome. This price hasn't been achieved since May 2022, so it is unlikely to break it on the first attempt. There is also the looming threat of the FTX Estate selling off billions worth of SOL tokens in the near future. The buying pressure will need to be strong to soak up this sudden influx of tokens, and it will be interesting to see how the market reacts. Solana also faces competition from other layer-1 solutions such as Algorand, Avalanche, and Kaspa. Solana would need a market cap of roughly $900 billion to keep up with Everlodge's expected 30x boom upon release. That's why some Solana holders are taking their 2023 profits and diversifying into the Everlodge presale to potentially catch another huge return. Contact Details Total Media Solutions media@Totalsolutionspr.io

December 14, 2023 07:17 AM Eastern Standard Time

Bitget Welcomes TURTSAT to Its Growing Ecosystem Amid Bitcoin Buzz

Bitget

Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, is thrilled to announce the latest addition to its trading platform — TURTSAT. This listing is not just a strategic move for Bitget but also a testament to the platform’s commitment to providing its users with access to innovative and promising projects. TURTSAT is a revolutionary project that brings a fresh perspective to the cryptocurrency space. With a mission to redefine decentralized finance (DeFi), TURTSAT leverages blockchain technology to create a platform that combines security, transparency, and user-friendly features. Users can expect a seamless experience in trading and managing their digital assets. In the midst of TURTSAT’s listing excitement, it’s worth noting the current trends in the broader Bitcoin ecosystem. Recent statistics reveal a surge in Bitcoin adoption and interest. Bitcoin’s price has shown remarkable stability and growth recently, indicating increased confidence among investors and users. This aligns with Bitget’s vision of contributing to broader crypto evolution and fostering a more equitable future. The decision to list TURTSAT on Bitget stems from a careful evaluation of its potential impact on the crypto landscape. TURTSAT introduces unique features and capabilities that align with Bitget’s commitment to providing users with cutting-edge options. TURTSAT stands out with its commitment to user security and transparency. With a robust blockchain foundation, TURTSAT ensures the safety of user assets, providing a secure environment for digital asset management and trading. The platform’s transparent framework offers users visibility into their transactions, fostering trust and confidence. TURTSAT’s user-friendly design further enhances its appeal, making it accessible to both experienced and novice users. In contributing to the evolution of decentralized finance, TURTSAT opens new opportunities in the crypto space. As a trailblazer in the crypto industry, Bitget continues to explore and embrace projects that align with its vision for the future of finance. The listing of TURTSAT is part of Bitget’s ongoing effort to provide a diverse and dynamic trading environment for its users. Gracy Chen, Managing Director at Bitget, Comments:”In the current landscape of crypto, it’s inspiring to witness the innovation that projects like TURTSAT bring to the table. The listing of TURTSAT on Bitget is not just a strategic move but a reflection of our commitment to supporting projects that contribute meaningfully to the broader crypto ecosystem. We’re excited about the possibilities TURTSAT opens up for our users and the crypto community at large.” About Bitget Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet Contact Details Bitget Rachel Cheung media@bitget.com

December 14, 2023 07:08 AM Eastern Standard Time

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Bitget Wallet Partners Up with Linea, Aims to Collaboratively Develop the Layer 2 Ecosystem

Bitget

Chainwire Bitget Wallet (formerly BitKeep), a leading global Web3 trading wallet, has announced a collaboration with the Ethereum Layer 2 network, Linea, to jointly advance the development and growth of the Linea ecosystem. Bitget Wallet has integrated with the Linea mainnet, providing wallet connectivity and support for the Linea mainnet and ecosystem projects. Wallet users can now easily connect to the Linea mainnet via their mobile app and browser extension, manage their assets on the Linea ecosystem, engage in multi-chain swaps for Linea mainnet tokens and view real-time candlestick data, and interact with projects on the Linea ecosystem. "The partnership with Bitget Wallet is a great step for Linea, enhancing user interaction with our zkEVM Layer 2 solution. This collaboration simplifies asset management and ecosystem engagement for the network, aligning with our goal to make web3 more accessible and efficient. We're excited about this collaboration and the positive impact it will have in the Linea ecosystem. - Declan Fox, Product Lead" Developed by Consensys, Linea is a developer-friendly Ethereum Layer 2 network built on zero-knowledge proof technology that aims to provide efficient scaling solutions to enhance Ethereum's performance and usability. As part of this collaboration, Bitget Wallet has launched an extension of Linea's DeFi Voyage Wave 9 through its own event on its Task2Get platform, signaling the commencement of the second phase of Bitget Wallet's Task2Get initiative. By exploring the Linea ecosystem within the wallet and completing tasks like token swaps and DApp interactions, users can earn Task2Get NFT rewards distributed by Bitget Wallet and share in a total prize pool of $10,000. The event runs from December 14th to December 28th. Task2Get NFT holders will qualify for additional airdrops from this campaign as well, including tokens from partnered projects and more. Task2Get, a Web3 exploration incentive platform introduced by Bitget Wallet, rewards users for participating in various on-chain interaction tasks, offering an effective way for users to both learn and earn from various ecosystems, while also providing growth opportunities for these projects. "As active participants in the Web3 ecosystem, we not only curate and showcase promising mainnets and projects for users to better interact and claim future airdrops, but also launch various incentivized task events in collaboration with these parties," Alvin Kan, Chief Operating Officer of Bitget Wallet states. "This will allow users to explore and interact with decentralized ecosystems while earning rewards at the same time." Besides offering an easy-to-use user interface and comprehensive interaction guides, Task2Get also provides convenient access to interaction records and interaction reminders. Users can also stand to earn exclusive NFTs for completing various tasks, which will qualify them for rewards such as vouchers and even airdrops in the future. As one of the top global-leading Web3 trading wallets, Bitget Wallet provides reliable and powerful services for over 12 million users worldwide. Bitget Wallet's mobile app is also ranked fourth in global downloads in recent months. Leveraging its vast user base and strong market influence, it has built up a robust growth and exposure platform for Web3 mainnets and projects through its Task2Get incentive. With the continuous deepening of collaboration between Bitget Wallet and Linea, it is predicted that Task2Get will be a key driver in fostering further innovations and market growth, cultivating sustained user engagement and active interaction in the ecosystem. About Bitget Wallet (Web3 Trading Wallet) Formerly known as BitKeep, Bitget Wallet stands as Asia's largest and global frontrunner among all-in-one Web3 trading wallets. We offer a comprehensive range of on-chain products and DeFi services to our users, including wallet functionality, Swap feature, NFT trading, DApp browsing, MPC Wallet and more. With a 5-year legacy, Bitget Wallet has garnered acclaim from over 12 million users worldwide and has secured partnerships with prominent industry leaders including Bitcoin, Ethereum, TRON, BNB Chain, Solana, Base, and others. This success stems from our commitment to consistently delivering secure and convenient products and services. In March 2023, Bitget, a leading crypto derivatives trading platform made a substantial $30 million investment in BitKeep, acquiring a controlling stake. Following this strategic move, BitKeep underwent a transformative and strategic brand evolution in August, officially rebranding itself as Bitget Wallet. For more information, visit: Website | Twitter | Telegram | Discord Contact Details Bitget Rachel Cheung media@bitget.com

December 14, 2023 07:03 AM Eastern Standard Time

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OPPO ColorOSHack 2023 Finals Wrap Up, Empowering Global Developers with Upgraded Pantanal Platform

Oppo

OPPO announced the top three winning teams of OPPO ColorOSHack 2023 following the demonstration of the final ten teams' work at the Final Event in Kuala Lumpur. "We are extremely grateful for the support from global developers who have come with us on this journey. The intelligent products and experiences we've brought to users so far are just a starting point." said Nicole Zhang, General Manager of Software Innovation Center, OPPO. " We are now looking ahead to what comes next—working closely with global developers all over the world to create services that understand users even more deeply, and respond to their needs more intelligently." Innovations in Development and Improved Efficiency with Pantanal Developer Services Since 2021, OPPO has held the ColorOSHack competition annually. This year's competition centered on the theme "Pantanal Service: Empowering Lives with Intelligence" and focused on the Asia-Pacific region, with an emphasis on three key scenarios: daily life, transportation, and entertainment. Participants were encouraged to learn the ropes of the Pantanal Platform, develop smart services catering to one of the three scenarios, and conceptualize scenarios and design forms of interaction so as to help explore a new service format for the Asia-Pacific market. Since the kick-off in July, the entire competition lasted over 150 days, attracting more than 200 participants from over 50 countries and regions around the world. Pantanal Platform's capabilities, including Aqua Dynamics, firstly introduced in ColorOS 14, provide a framework in which a service is developed based a single template and then automatically adapted for compatibility with phones, tablets, earbuds, and automotive head units, as well as different access points, such as widgets, the cover screen on a flip phone, and more. These new tools can further boost the development efficiency for developers. OPPO now provides video tutorials, written guides, and codelabs documentation, as well as a Pantanal IDE and Pantanal development framework, as part of a comprehensive suite of resources intended to help developers get to grips with Pantanal. Increasing Strength of Global Innovation Fuels Steady Eco-System Expansion OPPO ColorOSHack 2023 focused on three core scenarios, and was supplemented by a suite of newly upgraded developer services. Many excellent works emerged, of which ten were selected for the finals. The team creations addressed scenarios including navigation, payment, social interaction, study, health, and more. The final round lasted over three hours. A jury composed of OPPO experts and industry experts from the Asia-Pacific region evaluated the team's work in terms of app prospects and innovation, and selected the top three winning teams. Each of the three will receive cash prizes to be put toward the incubation and implementation of their products. "NavOpp", a transportation and payment project by the Malaysian team End2End, earned unanimous approval from the judges and won first place. The project is an app that provides cross-device support for transportation and payment services. Relying on Pantanal's context-detection capabilities, the app enables the seamless flow of information and services, reducing steps and saving time on daily commutes and business trips, and making ubiquitous services more scalable. Through this year's ColorOSHack, OPPO connected developers on a global scale. Pantanal Developer Services lightened the workload of developers, abstracting away the need to understand the complex underlying hardware of different devices. Based on the open capabilities of the Pantanal Platform, OPPO ColorOS will continue to provide developers with a foundation on which to innovate and a communication platform through which they can showcase their creations, bringing developers, entrepreneurs, and startups together to develop and implement innovative solutions, and bring a smarter life to 600 million ColorOS users. About OPPO OPPO is a leading global smart device brand. Since the launch of its first mobile phone - "Smiley Face" - in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find X and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 60 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world. About ColorOS ColorOS is a highly customized, efficient, intelligent, and richly designed Android-based mobile OS from OPPO. With over 600 million global monthly active users, ColorOS supports 67 languages, including English, Hindi, Thai, and Indonesian. Contact Details Oppo Media Contact press@oppo.com

December 14, 2023 06:38 AM Eastern Standard Time

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Alkane Resources to keep up the pace after revising Boda MRE

Alkane Resources Limited

Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) Managing Director Nic Earner speaks to Thomas Warner from Proactive after the gold producer and explorer announced a revised indicated and inferred mineral resource estimate (MRE) for the Boda Deposit at its Northern Molong Porphyry Project (NMPP) in Central West New South Wales. A revised indicated and inferred mineral resource estimate (MRE) for the Boda Deposit including Boda 2-3 now stands at 583 million tonnes at 0.58 g/t gold-equivalent (0.34 g/t gold and 0.18% copper) for 10.9 million gold equivalent ounces. This includes 6.38 million ounces of gold and 1.03 million tonnes of copper. Earner highlights the key change from the original Boda resource: despite a slight reduction in tonnage, the metal grade has notably increased. He suggests that the shift is particularly beneficial as it implies mining lower tonnes for more metal, thereby increasing the potential profit margin. Furthermore, Alkane is preparing to release updated Kaiser RC drilling results, potentially before Christmas, followed by a resource update in early 2023. He goes on to say that the company is also advancing scoping studies, including metallurgical results and engineering work, which will culminate in detailed mine plans for Boda and Kaiser. Alongside these developments, Alkane's Tomingley Goldmine continues to perform strongly, aligning with the company's guidance and contributing to a successful 2023. Work on project delivery are expected to extend the mine's life until 2032, staying within budget and schedule. Contact Details Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

December 14, 2023 05:09 AM Eastern Standard Time

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England vs South Africa: Vitality Netball International Series Trophy

Acroud Media

The results are in! The England Roses gained victory in the last game of the Vitality Netball International Series this week after both teams won a game each! This victory comes after the team came second in the recent Netball World Cup, held in South Africa. Game Details and Results The England Roses Netball team secured a three-goal victory over South Africa, after facing defeat in the second game of the series. The final game of this series was held at Nottingham’s Motorpoint Arena. Fran Williams, named Vitality Player of the Match and the Series, partnered with Funmi Fadoju to make a solid defensive duo and got six gains throughout the tense match. This defensive partnership was crucial in maintaining the lead over the South African team. Another noteworthy moment saw Norma Plummer, head coach of the South African national team, receive a guard of honour, as she said goodbye to her position at the end of the series. This victory over South Africa highlights the end of a successful year of Netball for the England Roses. The team gained a silver medal at the 2023 Netball World Cup, which is likely their most impressive achievement since winning gold at the 2018 Commonwealth Games. As we move into 2024, netball fans across the world are becoming increasingly excited about the upcoming fixtures and can even back their favourite teams at some popular betting sites. If you want to know more about the best betting sites in South Africa, where you can bet on the Proteas in their future fixtures, click here. 18+ Please Play Responsibly Contact Details Acroud Media info-media@acroudmedia.com

December 14, 2023 05:02 AM Eastern Standard Time

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Cronos Labs Launches Public zkEVM Testnet Using zkSync's ZK Stack Technology

Cronos

Cronos Labs, the web3 start-up accelerator focusing on DeFi, GameFi, and the development of the Cronos ecosystem, announced today the launch of Cronos zkEVM Chain testnet, a zero-knowledge (ZK) rollup blockchain network that represents a significant milestone on Cronos' journey towards scalability and mainstream adoption. The testnet is a hyperchain using ZK Stack, launched in a partnership between Cronos Labs, Matter Labs, the team behind zkSync, and engineering teams from Crypto.com, VVS Finance, Fulcrom Finance and Veno Finance. With an addressable user base of more than 80 million crypto holders around the world, Cronos is on a mission to make it easy and safe for the next billion crypto users to adopt self-custodial Web3, DeFi, NFTs and GameFi. Ken Timsit, Managing Director of Cronos Labs, said: "The Cronos ecosystem already includes a top 10 blockchain by Total Value Locked, a top 5 Cosmos network by staked amount, a top 30 cryptocurrency, and a major EVM-compatible app ecosystem with more than 500 projects. More remains to be done in order to prepare for the next wave of Web3 adoption. The Cronos zkEVM testnet represents an opportunity for Cronos Labs and our partners, including VVS, Fulcrom and Veno, to experiment with ZK layer 2 technology in order to prepare the next phase of growth starting in 2024. Other Cronos apps are warmly invited to join the testnet." “When we introduced the ZK Stack, we opened up the door for anyone wanting to build on top of Ethereum to do so by deploying hyperchains. Whether you’re building a specialized Rollup or a general purpose one, hyperchains allow you to tap into Ethereum’s extensive userbase base and liquidity while preserving its robust security and decentralization”, said Marco Cora, senior vice president of business and operations at Matter Labs. “We’re extremely excited to see Cronos deploying a hyperchain. With their extensive and diverse ecosystem of millions of users as well as the impressive financial value stored on-chain, they will be a great use case for the mass adoption of hyperchains.” First live public hyperchain testnet building on ZK Stack The Cronos zkEVM testnet is a zero-knowledge layer 2 roll-up network on top of Ethereum Sepolia testnet, meaning that it is secured by the Ethereum testnet both from a final settlement and a data availability standpoint. It uses the latest Boojum STARK-based zero-knowledge proof system, which in addition to its ability to run on GPUs with as little as 16 GB of RAM, boasts amongst the lowest fees of any layer 2 rollup, with further cost optimizations planned in the near future. The network uses TCRO, a testnet version of the $CRO cryptocurrency of the Cronos ecosystem, as its native token to pay for transaction fees, but it can also support fee payment in any cryptocurrency thanks to zkSync's native account abstraction implemented at the protocol level. This is the first live public testnet utilizing ZK Stack, a modular, open-source framework leveraging zkSync’s code, that is designed to build custom ZK-powered L2s and L3s (referred to as hyperchains). Hyperchains are fractal-like instances of zkEVM networks running in parallel and with a common settlement on the Ethereum mainnet.In 2024, hyperchains will adopt a shared native bridge to Ethereum mainnet as well as unified interchain messaging, which will make it possible for users to send tokens, messages or transactions across hyperchains while benefiting from the security of the Ethereum network. As part of internal performance benchmarks, hyperchain technology can already deliver in excess of 100 transactions per second, with significant performance improvements planned for the coming months. The community is invited to run additional tests on this newly launched testnet and share them with the Cronos community. What's next? The launch of Cronos zkEVM testnet is a significant milestone on Cronos' multi-year scalability journey. Earlier in 2023, Cronos announced significant performance improvements of the flagship Cronos network, the leading EVM-compatible blockchain built on the Cosmos SDK. Cronos also announced the commercial availability of application-specific optimistic rollup networks on top of Cronos, thanks to a partnership with Caldera. Finally, in October 2023, Crypto.org Chain implemented a rebranding into Cronos POS chain. Therefore, the Cronos ecosystem is now multi-chain across several networks in order to support a broad range of user needs and use cases: Cronos (the EVM blockchain) is the leading Ethereum-compatible network built on the Cosmos SDK, permissionless, programmable layer-1, home to more than 500 project teams who have created decentralized applications powered by smart contracts. The Cronos EVM chain has securely delivered more than 80 M transactions for more than 1 M users to date, and secures around 300 M US$ of DeFi Total Value Locked. Cronos is extendable, thanks to application-specific optimistic layer 2 blockchains that can be deployed on top of Cronos by app creators. Cronos POS chain is the layer-zero network that guarantees the security of the Cronos ecosystem. It is the native issuer of the $CRO utility token, secured by a vast network of more than 100 nodes representing ~600 M US$ in staked value, in the top 5 of all Cosmos chains. The Cronos POS chain has securely validated around 35 M transactions, with an average transaction fee of 0.00001 US$. Cronos zkEVM (now in testnet) is the latest sister chain that aims to extend the rich portfolio of Cronos apps into the promising zkSync hyperchain ecosystem, in order to further broaden its user base and make it easier to move liquidity back and forth between Ethereum and the Cronos chain(s). For Cronos, the next step will be to better understand the performance of the newly launched zkEVM network and determine the best potential path for mainnet deployment of ZK layer 2 technology and access to the shared liquidity of the Ethereum network. The protocol team will continue to experiment with layer 2 technologies and data availability protocols to determine how they can further strengthen the Cronos ecosystem. It will also continue to work closely with the Cosmos ecosystem when it comes to the development and integration of new or updated Cosmos SDK modules into Cronos chains, and integration of additional IBC functionalities. About Cronos Cronos ( cronos.org ) is the leading Ethereum-compatible layer 1 blockchain network built on the Cosmos SDK, supported by Crypto.com and more than 500 app developers and partners. Today, the #CROfam ecosystem represents an addressable user base of more than 80 million people worldwide. Our mission is to make it easy and safe for the next billion crypto users to adopt Web3, with a focus on decentralized applications in the DeFi, NFTs and GameFi verticals. Shortly after launch in 2021, Cronos achieved a top 10 position amongst all chains by TVL. It is home to more than 1 million users and 500+ dapps. Transaction fees are paid in Cronos ($CRO), a blue chip cryptocurrency. The Cronos ecosystem is supported by Cronos Labs, the start-up accelerator of the Cronos chain. About zkSync zkSync is a cutting-edge zero-knowledge (ZK) technology to scale Ethereum and bring crypto to the mainstream — reaching millions of developers and billions of people in need a technological solution for achieving progress and prosperity. Deeply rooted in its mission to advance personal freedom for all, the zkSync blockchain network makes digital self-ownership universally available. It is trustless, secure, reliable, censorship-resistant, privacy-preserving, hyper scalable, accessible, and sovereign. To learn more about zkSync, visit www.zksync.io. ZK Stack is a developer-friendly modular, open-source software framework that makes it easy for you to customize & deploy your own interoperable ZK-powered blockchains, known as hyperchains. Quickstart by visiting https://zkstack.io/ Contact Details Avishay Litani pr@marketacross.com

December 14, 2023 04:00 AM Eastern Standard Time

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