Press Release

Socrates Launches Groundbreaking Social Media and Entertainment Platform for Web3 Users Globally

London, United Kingdom, November 23rd, 2023, Chainwire Socrates is a web3 social media and entertainment platform, combining the best of Social-Fi and Game-Fi Accessible on multiple blockchains, including Polygon, Ethereum, BNB Smart Chain (BSC), Arbitrum One & Optimism Allows anyone to participate in multiple-choice question and answers, empowering people to voice honest opinions and unique perspectives Offers large rewards for simple in-app interactions, easily redeemable Socrates, a web3 social media and entertainment platform, has launched on multiple blockchains following a successful testing phase. With thousands of signups already, the revolutionary app will offer users globally the ability to earn substantial

Web3 Builders Look to Alternate Growth Model with BNB Chain as Bear Market Funding Drops by 84%

DUBAI, UAE, November 23rd, 2023, Chainwire BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, is highlighting the compelling growth stories of the projects that emerge from its project development program, starting with its hackathons. This comes in the wake of BNB Chain’s Istanbul Hackathon, which saw the emergence of a number of strong projects. The focus of the bear market is building quality Web3 projects – this is a time for developers to concentrate on identifying what real use cases need solving. However, quarterly funding for Web3 startups has dropped by approximately 84% this

BNB Chain Sees 1-year Transaction High; Demonstrates Network Reliability After BSC Surge

DUBAI, UAE, November 22nd, 2023, Chainwire November 19 saw BSC record more than 9.5M transactions in a single day Earlier in the week, BSC demonstrated gas price stability during a similar surge On November 19, 2023, BNB Chain, the community-driven blockchain ecosystem, saw its highest traffic rates since May of 2022 with transactions exceeding 9.5M for the day. More than 7M of the 9.5M daily transactions were attributed to inscription minting transactions on BNB Smart Chain (BSC). The 1-year high comes amid a week of traffic surges on BSC. November 17 likewise saw a spike in traffic, with gas prices

GCEX Receives Operational VASP Licence from Dubai’s Virtual Assets Regulatory Authority

Singapore, Singapore, November 22nd, 2023, Chainwire GC Exchange FZE (GCEX), part of the GCEX Group, has been granted an Operational VASP Licence for VA Broker Dealer services from Dubai’s Virtual Asset Regulatory Authority (VARA). GCEX, which opened its Dubai office in July 2022 and received its MVP (Minimal Viable Product) Preparatory License from VARA in February 2023, can now start market operations as a Virtual Asset Service Provider (VASP) in the Emirate of Dubai, enabling brokers, hedge funds, family offices and professional traders to access its deep liquidity in digital assets and range of technology solutions. GCEX facilitates institutional access

Celebrating Kaspa’s 2nd Birthday: $1M Airdrop campaign with OKX, Coinpal.io

Massachusetts, USA, November 22nd, 2023, Chainwire Kaspa, the revolutionary open-source, decentralized, and fully scalable Layer-1 blockchain network, is thrilled to announce its 2nd birthday celebration. To commemorate this significant milestone, together with industry leaders Coinpal.io, OKX Web3, ICERIVER, IGV, and Rhubarb Media to launch a spectacular 1 Million Airdrop Campaign. This campaign will take place exclusively on OKX Cryptopedia, offering participants the chance to receive $1 million USD worth of $KAS and the exclusive, custom-designed NFT – KASBOTS with no cost!  Kaspa – Fast, Safe, and Decentralized – The cradle of a true peer-to-peer blockchain payment system Kaspa is not

Sleek, the Web3 Social Network, Raises US$5m to Power the Ownership Economy

Hong Kong, Hong Kong, November 15th, 2023, Chainwire Sleek, a Web3 social network, today announces they have successfully raised US$5 million in a seed round, enabling them to power the ownership economy and bring blockchain-powered social media to the masses.  Officially launched in April 2023, the company aims to revolutionize human connection by making networking simple, fun, and productive. Sleek offers a comprehensive platform that enables users to seamlessly exchange information, onboard new people into their network, as well as incentivize community building via Web3 Social Finance (SocialFi) business models. For the very first time, users can directly monetize their

MetaWin Unveils ‘MetaWin Millionaire’: A Revolutionary $1 Million Cryptocurrency Giveaway

London, United Kingdom, November 16th, 2023, Chainwire MetaWin, a trailblazer in the digital competitions arena, today announced the launch of its most ambitious event to date – the MetaWin Millionaire. This groundbreaking competition offers participants a chance to win $1 million in USDC Stablecoin, marking a new epoch in online competitions. A Game-Changing Event in the Blockchain Space MetaWin Millionaire is not just a competition, it’s a revolution in the digital contest landscape. Hosted entirely on-chain, this event exemplifies transparency and fairness through blockchain technology. It’s open to everyone, with free entry requiring only the payment of a nominal Ethereum

BinaryX launches city building game Pancake Mayor on PancakeSwap’s new marketplace

Singapore, Singapore, November 15th, 2023, Chainwire BinaryX, a GameFi and Initial Game Offering (IGO) platform, today announced the launch of Pancake Mayor, a new city-building simulator on the newly launched PancakeSwap Gaming Marketplace.  Pancake Mayor: City Building Simulator Pancake Mayor is a free-to-play casual city-building game where players can obtain in-game currency, Mayor Cash, to upgrade and build their own cities, inspired by famous cities around the world. Players can accumulate Mayor Cash by playing a spin-the-wheel mini-game, raiding other players’ cities, and participating in special events. “We designed Pancake Mayor for the everyday gamer – it offers a fun,

Zircuit, New ZK Rollup Backed by Pioneering L2 Research Launches Public Testnet

Grand Cayman, CAYMAN ISLANDS, November 9th, 2023, Chainwire Zircuit, a new zero-knowledge rollup backed by pioneering L2 research, today announced the launch of its public testnet. Zircuit is fully EVM compatible, supports existing Ethereum dApps and wallets and allows any dApp on Ethereum to deploy on Zircuit with minimal changes. To celebrate the launch, Zircuit will be hosting a multi-day event during Devconnect that begins on Monday, November 13th. Over the last one and a half years, the Zircuit team has been pioneering various research initiatives such as rollup security tooling, rollup compression, and scaling cryptography. This work led to

Broker Complaint Alert (BCA) Marks 3 Years of Successful Crypto Scam Recovery, Bringing Hope to Victims Worldwide

Alpharetta, USA, November 7th, 2023, Chainwire “Just like there’s a possibility and time for loss, there’s always time for recovery” – Jenny Brown, head of the Recovery Technical Team at BCA. Broker Complaint Alert (BCA) Celebrates 3 Remarkable Years of Helping Victims of Crypto Scams Recover Their Lost Crypto. Broker Complaint Alert (BCA) celebrates 3 years of offering one of the best and most remarkable crypto recovery experiences. Since BCA began operating in December 2020, it has helped over twelve thousand scam victims to recover their lost funds from scammers. BCA introduced a solution that is focused on ensuring that