ETH

Flash News: OKX to List ether.fi Protocol's ETHFI on its Perpetual Futures Market

Retrieved on: 
Monday, March 18, 2024

NASSAU, Bahamas, March 18, 2024 /PRNewswire/ -- OKX , a leading crypto exchange and Web3 technology company, has issued updates for March 18, 2024.

Key Points: 
  • NASSAU, Bahamas, March 18, 2024 /PRNewswire/ -- OKX , a leading crypto exchange and Web3 technology company, has issued updates for March 18, 2024.
  • OKX today announced that it will list ether.fi 's ETHFI token on its perpetual futures market.
  • With this new USDT-margined perpetual futures contract, users will be able to long or short ETHFI with up to 50x leverage from March 18, 2024 at 12:30 PM (UTC).
  • In addition, margin trading and Simple Earn for the ETHFI token will be enabled at 4:00 AM (UTC) on March 19, 2024.

Ethereum Upgrade Sparks Bybit's Deposit Dash Event

Retrieved on: 
Monday, March 18, 2024

This promotion marks the much-anticipated Ethereum Dencun Upgrade, a significant step toward enhancing the blockchain's scalability and efficiency.

Key Points: 
  • This promotion marks the much-anticipated Ethereum Dencun Upgrade, a significant step toward enhancing the blockchain's scalability and efficiency.
  • From March 13 until March 27, Bybit's Deposit Dash offers a golden opportunity for cryptocurrency enthusiasts.
  • Additionally, participants engaging in Derivatives or Spot trading, or investing in Bybit Savings during the event period, will secure an extra bonus.
  • "We are thrilled to celebrate the Ethereum Dencun Upgrade by offering our users the chance to earn significant bonuses through our Deposit Dash and Deposit Delight events," said Emily Bao, Web3 evangelist at Bybit.

Flash News: OKX Jumpstart Enables Users the Opportunity to Receive Polyhedra Network's ZK Tokens

Retrieved on: 
Saturday, March 16, 2024

OKX is thrilled to announce that OKX Jumpstart Mining for Polyhedra Network 's ZK token starts today, providing users with the opportunity to mine ZK tokens.

Key Points: 
  • OKX is thrilled to announce that OKX Jumpstart Mining for Polyhedra Network 's ZK token starts today, providing users with the opportunity to mine ZK tokens.
  • As part of this initiative, eligible users who stake their BTC or ETH will be rewarded with ZK tokens, the native token of Polyhedra Network.
  • 6,000,000 ZK tokens are available to mine on OKX Jumpstart Mining.
  • By staking BTC or ETH through OKX Jumpstart Mining, users will not only contribute to the security and efficiency of the blockchain network but also earn ZK tokens in return.

5thScape Raises Over $1m For World-First VR/AR Crypto - In Presale Now

Retrieved on: 
Friday, March 15, 2024

First-of-its-kind crypto-powered VR and AR project 5thScape has raised $1.15 million so far in the first stage of its presale.

Key Points: 
  • First-of-its-kind crypto-powered VR and AR project 5thScape has raised $1.15 million so far in the first stage of its presale.
  • 5thScape is pitching itself as the world's first VR/AR mixed-reality platform to truly break boundaries through its integration of crypto tokenization to provide a superior reward experience.
  • Users will be able to stake $5SCAPE to earn rewards and unlock a wealth of utility-rich features.
  • That means nimble tech-savvy crypto-first innovators like 5thScape can carve out a niche for themselves and establish a competitive advantage.

5thScape Raises Over $1m For World-First VR/AR Crypto - In Presale Now

Retrieved on: 
Friday, March 15, 2024

First-of-its-kind crypto-powered VR and AR project 5thScape has raised $1.15 million so far in the first stage of its presale.

Key Points: 
  • First-of-its-kind crypto-powered VR and AR project 5thScape has raised $1.15 million so far in the first stage of its presale.
  • 5thScape is pitching itself as the world's first VR/AR mixed-reality platform to truly break boundaries through its integration of crypto tokenization to provide a superior reward experience.
  • On the other hand, for developers $5SCAPE tokens can be earned for building games for the platform and participation in the 5thScape Developer center.
  • That means nimble tech-savvy crypto-first innovators like 5thScape can carve out a niche for themselves and establish a competitive advantage.

Flash News: OKX to List ether.fi Protocol's ETHFI on its Spot Market

Retrieved on: 
Friday, March 15, 2024

DUBAI, UAE, March 15, 2024 /PRNewswire/ -- OKX , a leading crypto exchange and Web3 technology company, has issued updates for March 15, 2024.

Key Points: 
  • DUBAI, UAE, March 15, 2024 /PRNewswire/ -- OKX , a leading crypto exchange and Web3 technology company, has issued updates for March 15, 2024.
  • OKX today announced that it will be listing the ether.fi protocol's ETHFI token on its spot market on March 18 at 8:10 PM (UTC +8), enabling users to trade ETHFI against USDT.
  • ether.fi is a protocol that allows users to stake ETH and receive eETH, a natively restaked liquid staking token that fuels DeFi and decentralizes Ethereum.
  • In addition, they retain custody of their token and can engage in various DeFi applications with partners such as Aave and Pendle.

Velar Integrates Portal Swaps to Transform Bitcoin-based Perpetuals Trading

Retrieved on: 
Thursday, March 14, 2024

SAN FRANCISCO, March 14, 2024 /PRNewswire-PRWeb/ -- Velar, a provider of a Bitcoin-based perpetual exchange and a suite of powerful DeFi tools and products for Bitcoin and perpetuals trading, today announced a new strategic integration with Portal's decentralized exchange (DEX) network, the first-and-only noncustodial cross-chain liquidity solution for safe, one-click trades of native BTC and Bitcoin-based tokens against native tokens on other EVM chains. The new integration will bring seamless staking and multiplied trading liquidity for the $VELAR token via native assets like BTC, ETH and others.

Key Points: 
  • Velar's integration of Portal Swaps will bring seamless staking and multiplied trading liquidity for the $VELAR token via native assets.
  • "The integration of the Portal Swap SDK into the Velar platform is a pivotal step towards enhancing accessibility and redefining perpetuals trading on the Bitcoin network," said Mithil Thakore, co-founder and CEO at Velar.
  • The Portal Swap SDK integration into the Velar Protocol will empower users to partake in cross-chain trading and staking.
  • This innovation will ensure users have a plethora of options for collateral, further enhancing the versatility of perpetuals trading on Velar Protocol.

Flash News: OKX to Support Ethereum Dencun Mainnet Upgrade

Retrieved on: 
Wednesday, March 13, 2024

OKX will be supporting the forthcoming Ethereum network's Dencun mainnet upgrade.

Key Points: 
  • OKX will be supporting the forthcoming Ethereum network's Dencun mainnet upgrade.
  • OKX assures that trading of the mentioned tokens and tokens belonging to their networks will not be affected during this network upgrade.
  • As a long-awaited part of "The Surge" in Ethereum's roadmap, the Ethereum Dencun upgrade tackles the network's scalability challenges.
  • Like the Merge and Ethereum Shanghai upgrades that came before, the Dencun upgrade introduces various EIPs, with EIP-4844 being the most notable.

Flash News: OKX Jumpstart Expands with the Introduction Polyhedra Network's ZK Token

Retrieved on: 
Wednesday, March 13, 2024

OKX today announced the addition of Polyhedra Network 's ZK token on OKX Jumpstart , which gives eligible users the opportunity to discover new, high-quality blockchain projects.

Key Points: 
  • OKX today announced the addition of Polyhedra Network 's ZK token on OKX Jumpstart , which gives eligible users the opportunity to discover new, high-quality blockchain projects.
  • In marking this new addition, users who stake ETH or BTC via OKX Jumpstart Mining from March 15, 2024 at 6:00 AM (UTC) will have the opportunity to mine ZK tokens as a reward.
  • Polyhedra Network offers cross-chain solutions for both Layer 1s and Layer 2s through the use of zkBridge.
  • zkBridge technology not only ensures robust security without external assumptions, but also lowers the costs of on-chain verification.

FalconX Completes the First Ethereum Staking Rate Swap Using CESR™

Retrieved on: 
Tuesday, March 12, 2024

NEW YORK, March 12, 2024 /PRNewswire/ -- FalconX (dba Solios), a leading provider of digital asset prime brokerage, trading, and derivatives services for institutional clients, through FalconX Solios, completed the first fixed-floating swap on the Ethereum staking rate, using CESR, the composite ether staking rate. This innovative and groundbreaking transaction enables institutional investors, staking providers, and Ethereum network users to manage risk around Ethereum staking yields and transaction costs and lock in fixed rates of return.

Key Points: 
  • Multicoin Capital and Parataxis Capital trade first ever swap transaction on CESR, the composite ether staking rate, created by CoinDesk Indices and CoinFund
    NEW YORK, March 12, 2024 /PRNewswire/ -- FalconX (dba Solios), a leading provider of digital asset prime brokerage, trading, and derivatives services for institutional clients, through FalconX Solios, completed the first fixed-floating swap on the Ethereum staking rate, using CESR , the composite ether staking rate.
  • This innovative and groundbreaking transaction enables institutional investors, staking providers, and Ethereum network users to manage risk around Ethereum staking yields and transaction costs and lock in fixed rates of return.
  • CESR is a benchmark rate for Ethereum staking rewards, published daily by CoinDesk Indices , the leading provider of digital asset indices since 2014.
  • The introduction of CESR in an over-the-counter (OTC) interest rate swap format opens up avenues for institutions to explore yield opportunities within the ETH staking ecosystem.