Author: CryptoCurrencyNews

SEOUL, South Korea, Oct. 18, 2024 /PRNewswire/ — A significant transformation is on the horizon for the digital economy. The cutting-edge cryptocurrency Show Plus Chain^®? (SHC2.0) is set to launch, providing the driving force for the Show+^®? ecosystem. Designed to seamlessly bridge digital assets with real-world applications, SHC2.0 is poised to create a storm of change in the cryptocurrency landscape. With its unique utility supporting prize distributions, sponsorships, and a dynamic marketplace, SHC2.0 is ready to lead innovation and redefine interactions within the digital economy.

The rapidly growing online competition platform Show+^®? is projected to engage a massive user base by 2025, with SHC2.0 at the center of this growth. SHC2.0 empowers users to access exclusive digital experiences, participate in staking, purchase services, and interact with Show+^®?‘s vibrant marketplace. With a focus on real-world utility and global scalability, SHC2.0 is not just another cryptocurrency but a driving force for change.

Redefining Digital Assets: The Bold Future of SHC2.0

The launch of SHC2.0 represents a critical milestone in the digital finance landscape, distinguished by its commitment to addressing real-world challenges. While many tokens promise utility, SHC2.0 is dedicated to making these promises a reality by directly connecting digital economy solutions to tangible value. By facilitating prize distribution for competitions and securing sponsorship contracts, as well as fostering vibrant interactions, SHC2.0’s multifaceted utility serves as a true catalyst for change.

This is not just about holding digital assets; it’s about unlocking experiences that span both virtual and real worlds. SHC2.0 is designed to extend beyond the Show+^®? platform, integrating seamlessly across various industries. From entertainment and esports to live events, SHC2.0 is prepared to play a crucial role in the transaction-based future.

Ensuring Strong Price Stability Through Strategic Supply and Demand Control

SHC2.0 plans to regulate its initial supply to create organic demand. This approach aims to deliver stable and sustained growth for all investors, encouraging positive market reactions. As the market responds to the launch of SHC2.0, the price will be adjusted gradually, ensuring a trustworthy environment for investors. This strategy will be aligned with market characteristics and investor needs.

The Market Potential of SHC2.0

Imagine a marketplace where users can purchase, trade, and unlock exclusive experiences in both digital and real-world environments. This is the Show+^®? marketplace, with SHC2.0 at its core. It’s not just a trading platform; it’s a lively community where users can connect with their favorite creators, participate in competitions, and discover unique services. By facilitating digital content purchases, special event participation, and communication with other members, SHC2.0 will continually foster a dynamic ecosystem that thrives and evolves.

SHC2.0 is not only set to support the Show+^®? platform but also has the potential to integrate with other digital ecosystems, creating a truly interconnected digital economy. From the world of entertainment to esports and beyond, SHC2.0 is positioned to be a game-changer that rewrites the rules.

The Future of SHC2.0: The Beginning of a Revolution

As the official launch of SHC2.0 approaches, its future looks exceptionally bright. With a focus on real-world utility and global scalability, coupled with strategic supply and demand control, SHC2.0 is set to become one of the most influential cryptocurrencies in today’s market. The integration of this token within the Show+^®? ecosystem ensures that both users and investors will benefit from ongoing innovation, expanded partnerships, and unprecedented growth opportunities.

For those ready to participate in the next big revolution in cryptocurrency, SHC2.0 stands prepared to deliver results. As its user base grows to a massive scale and the ecosystem continues to expand, SHC2.0 will leave an indelible mark on the global digital economy.

Get ready to experience the future of digital finance. The launch of Show Plus Chain^®? (SHC2.0) is imminent, and the world of digital assets is about to change forever.

For more information on Show Plus Chain^®? (SHC2.0) and the upcoming launch, visit our website https://www.showplus-chain.io 

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Enables Real-Time Trading of Traditional Assets During Historic Event-Driven Market Volatility and Adoption of Prediction Markets

LONDON, Oct. 18, 2024 /PRNewswire/ — Ostium Labs today announced the public mainnet launch of its onchain trading platform, offering traders unprecedented access to global macro markets during a period of global event-driven volatility, marked by speculation around the U.S. Presidential election. Ostium enables perpetuals trading on traditional market currencies, commodities, and indices in real time, markets uniquely affected by events like interest rate changes and geopolitical outcomes.

The trading platform meets the needs of a market grappling with an uncertain U.S. Presidential election, the prospect of escalation in the Middle East, and shifting monetary policies. These dynamics have led to dramatic price movements and dislocations in commodities and currencies, offering unique opportunities for traders chasing volatility. Gold, generally seen as a “flight-to-safety” asset, has skyrocketed past all-time highs as domestic political and economic uncertainty has increased dramatically over the last months. Ostium is the only platform to offer real-time trading across diverse assets including Gold, Copper, and Oil to any user with a crypto wallet.

“Our thesis has long been that this new, more volatile macro paradigm will open up unprecedented opportunities for event-driven trading,” said Kaledora Kiernan-Linn, co-founder and CEO of Ostium Labs. “The success of prediction markets as a forum for traders to express their views on world events is only the tip of the iceberg. Event-driven trading will expand beyond betting on event outcomes to betting on the movements of the most liquid markets in the world – the forex, commodities and global index markets – using event probabilities as critical trading signals.”

“Ostium is perfectly positioned to capitalize on the growing demand for macro event-driven trading,” said Marc Bhargava, Managing Director at General Catalyst. “By enabling one-click trades on traditional assets with only a wallet, Ostium is democratizing access to global markets in a way we haven’t seen before. This isn’t just another crypto play – it’s a gateway for traders to efficiently capitalize on macro news across traditional financial markets, all with the speed and accessibility of decentralized finance.”

Ostium’s novel approach has already captured traders’ attention during its private Mainnet phase since August:

• Ostium’s FX and commodities perpetuals volumes surged 550% during the week following China’s new Quantitative Easing policy announcement and rising Middle Eastern tensions (9/27-10/3)
• Open Interest on Ostium’s WTI Crude Oil perpetuals hit caps 6x in the 10 days following Iran’s ballistic missile attack on Israel and ensuing fears of a retaliatory strike on Iranian oil fields
• Ostium’s Real World Asset (RWA) volumes have outpaced crypto volumes 4x in recent weeks of macroeconomic instability, and 8x on days with heightened macroeconomic instability

“The next evolution of event-based trading isn’t about predicting outcomes in isolation, but understanding and capitalizing on how these events influence the world’s largest and most liquid markets,” Kiernan-Linn added. “We’re building a new trading experience where anyone can trade any strategy on any asset––all with just a wallet.”

Ostium leverages a unique design: a non-custodial, onchain perpetual futures market that disintermediates the centralized liquidity and exposure management characteristic of legacy FX/CFD brokers through the introduction of dynamic funding fees, allowing users to gain exposure to commodities, index and forex markets without the exchange managing the book. This innovative architecture positions Ostium to radically democratize access to macro-driven markets and compete against legacy, centralized FX/CFD brokers for the 80 million and growing monthly-active userbase, and the $50 trillion traditional asset retail trading market.

“A lesser known fact is that perpetuals are in fact quite similar to instruments that have been offered by FX brokers for years – cash-settled, non-expiring, synthetic primitives closely tracking the price of an underlying asset, enabling easy both long and short exposure – traded by over 50 million monthly active forex traders globally,” said Marco Antonio Ribeiro, co-founder and CTO of Ostium Labs. “However, onchain perpetuals are a fundamentally better instrument due to the introduction of funding rates, which incentivize market balance, and the ability to trade self-custodially, improving the adversarial market structure between platform and user. We strongly believe the retail FX trading market will be disrupted in the next 5 years and that it will be done by perps.”

Ostium’s shared liquidity model, unique fee architecture, and custom RWA price oracle facilitate perpetual creation on any asset with a liquid underlying off- or on-chain spot market. This flexible architecture enables rapid listing expansion across asset classes.

With its mainnet launch, Ostium aims to fill a critical gap for narrative-driven trading in the prosumer market. The platform’s ability to offer one-click, large-scale trades on macro events positions it as a leader in an underserved category. As global markets face increasing tumult, Ostium provides a novel platform to navigate and capitalize on these dynamic conditions, setting a new standard for accessible and flexible trading in an event-driven age.

For more information about Ostium and to start trading, visit www.ostium.io.

About Ostium:

Ostium is building Real World Asset perpetuals trading infrastructure to enable the ‘perpification’ of non-digital assets. The protocol leverages an in-house Real World Asset oracle network and pool-based on-chain liquidity engine to facilitate onchain exposure to traditional market assets. With founders and team members previously from Harvard, Bridgewater, and BlackRock, Ostium is backed by leading investors including LocalGlobe, General Catalyst, Susquehanna (SIG), and Alliance DAO.

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Grexie Signchain enables developers to sign off-chain data into smart contracts, with self-hosted or secure vault signer wallet management.

MANCHESTER, England, Oct. 17, 2024 /PRNewswire/ — Grexie Limited proudly announces the launch of its innovative smart contract solution, Signchain, on November 1st, 2024. Designed specifically for developers, Signchain introduces a powerful way to bring off-chain data on-chain through user-paid gas fees and secure signing of data into smart contract methods using its extendable smart contract, Signable.

In the growing landscape of blockchain technology, securely managing off-chain data and integrating it into on-chain smart contracts has posed significant challenges for developers. Signchain eliminates these hurdles by offering a robust, gas-efficient system for signing and authenticating data in real-time.

Key Features of Signchain:

1. Seamless Off-Chain to On-Chain Data Integration
Signchain enables developers to securely bring off-chain data on-chain by signing it directly into smart contract methods through user-paid gas fees. This integration ensures that data authenticity is preserved, and its entry into the blockchain remains tamper-proof, streamlining processes for industries relying on real-world data verification. Signchain also supports integration with Google Sheets, AWS, and Firebase, making it easy to pull data from popular off-chain data sources.

2. Extendable Smart Contract – Signable
The core of Signchain’s technology is its extendable smart contract, Signable, which allows developers to customize and build upon existing smart contracts. With Signable, developers can easily implement contract signatures for any data type, offering flexibility across industries from finance to logistics and beyond.

3. Signer Wallet Management
Signchain offers comprehensive signer wallet management as part of its service, empowering developers to manage and authenticate signers effectively. Wallets can either be self-hosted using Signchain’s Docker container for those who prefer their own infrastructure, or they can leverage Signchain’s network of secure vaults for maximum security.

4. Self-Hosted or Managed Service
For developers who want full control of their infrastructure, Signchain provides a self-hosted option via Docker containers, allowing them to deploy the platform on their own servers. Alternatively, developers can opt to use Signchain’s secure vault network, offering a hassle-free solution with enterprise-grade security and wallet management.

5. User-Paid Gas Fees
By integrating a user-paid gas fee model, Signchain allows users to cover the costs of signing and authenticating their data, ensuring the signing process is efficient and doesn’t overburden developers with additional expenses. This makes Signchain an ideal solution for dApps and platforms handling high transaction volumes.

6. Google Sheets, AWS, Firebase Integration with Serverless Model
Signchain supports integration with Google Sheets, AWS, and Firebase in a serverless model, powered by a hosted Sign In With Ethereum (SIWE) implementation provided by Signchain’s API. Developers can simply connect their Google Sheets and configure the contract parameters associated with each column. Signchain will automatically look up the user’s wallet address in the spreadsheet, sign the transaction data, and execute it in the blockchain along with any user-supplied parameters. This creates an easy, efficient way to manage data inputs from off-chain sources without heavy infrastructure setup.

Revolutionizing Smart Contract Workflows

With Signchain, developers now have the tools to handle the complexities of integrating off-chain data into smart contracts. The extendable nature of Signable offers flexibility, allowing developers to cater to various use cases, whether it’s automating financial transactions, supply chain data, or verifying legal agreements.

Tim Behrsin, CEO of Grexie Limited, said, “Signchain is more than just a signing solution—it’s a platform that empowers developers to securely integrate off-chain data into their smart contracts with minimal effort. The flexibility of Signable and our focus on signer wallet management offers developers control and security at every stage of the process.”

Why Signchain Matters

Signchain addresses critical challenges faced by developers, particularly those dealing with off-chain data. By signing data into smart contracts and enabling user-paid gas fees, the platform significantly reduces friction in managing secure, scalable smart contracts. Whether developers need to manage high volumes of data transactions or create bespoke smart contracts, Signchain offers a scalable and secure solution.

In industries like DeFi, real estate, and supply chain management, data integrity and security are paramount. Signchain’s secure vault network and customizable signing workflows allow businesses to handle sensitive information with confidence.

Launch Event and Future Developments

The official launch of Signchain will take place on November 1st, 2024, alongside a virtual event. The event will showcase live demonstrations of Signable, with detailed walkthroughs of the Docker-based self-hosted solution and signer wallet management features. Attendees will also get an exclusive preview of future enhancements, including multi-signature workflows and advanced blockchain network integrations.

About Signchain

Signchain is a cutting-edge platform developed by Grexie Limited, based in Manchester, Cheshire, United Kingdom. Signchain simplifies smart contract development by offering a secure, scalable, and customizable solution for signing and authenticating off-chain data on-chain. Developers can either self-host the solution using Signchain’s Docker container or rely on the network’s secure vault infrastructure. With an emphasis on security, flexibility, and developer experience, Signchain is set to transform how smart contracts handle off-chain data.

For more information, visit signchain.net.

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SOURCE Grexie Limited

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NEW YORK and LONDON, Oct. 16, 2024 /PRNewswire/ — CoinDesk, one of the most trusted media, events, indices, and data companies for the global crypto economy, today announced that it has acquired CCData, a U.K. FCA-regulated benchmark administrator and one of the leading providers of digital asset data and index solutions, including its trusted retail site, CryptoCompare, which serves over 300,000 active users. The acquisition significantly scales CoinDesk’s information services and data products, while offering enhanced cross-sell opportunities to CCData and CryptoCompare’s extensive number of institutional and retail clients.

For over a decade, CCData has been providing its institutional-grade data solutions, digital asset index suite, and award-winning research to government, institutional, and retail clients navigating the digital asset ecosystem. The acquisition of CCData’s robust data platform and retail platform CryptoCompare further strengthens CoinDesk’s data offerings, immediately increases subscription revenues, and complements the existing suite of solutions offered by CoinDesk Indices and CoinDesk Media.

“Over the past ten years, CCData has become one of the most respected and reliable data platforms for digital assets, earning the trust of numerous users seeking to understand and leverage their potential,” said Sara Stratoberdha, CoinDesk CEO. “We are thrilled to begin integrating CCData’s high-quality, robust, and trusted data platform and retail suite across CoinDesk’s existing products and services to unlock greater opportunities for our customers.”

“We are incredibly excited to join forces with CoinDesk as we embark on the next chapter of CCData’s journey,” said Charles Hayter, CEO and Co-Founder of CCData. “CoinDesk is an integral pillar of the digital asset sector, from its award-winning journalism to flourishing index business. I am deeply proud of what CCData and CryptoCompare have accomplished over the past decade, and with CoinDesk as our partner, I’m confident that we will continue to build a legacy that supports and empowers our clients and the broader crypto industry.”

CoinDesk business update

Since 2014, CoinDesk Indices has been at the forefront of the digital asset revolution, empowering investors globally with tens of billions of dollars in benchmarked assets. Flagships such as the CoinDesk Bitcoin Price Index (XBX) and the CoinDesk 20 Index set the industry standard for measuring, trading, and investing in digital assets. Since launching in January 2024, the CoinDesk 20 perpetual futures contract has attracted substantial institutional interest, driving a trading volume of over $8 billion.

CoinDesk Media provides news, analysis and real-time insights on digital assets and blockchain technology and holds large-scale conferences for industry professionals. CoinDesk Media’s products and services reached an estimated audience of 45.5 million people during the first half of 2024. The Consensus conference, one of the world’s largest and longest-running digital asset events, attracted over 15,000 registrations in 2024. Consensus Hong Kong and Consensus Toronto will take place on February 18-20 and May 14-16 in 2025, respectively.

Advisor

Morgan, Lewis & Bockius LLP served as legal advisor to CoinDesk on the transaction.

Media contacts

CoinDesk

press@coindesk.com  

CCData

press@ccdata.io

About CCData

CCData is an FCA-regulated benchmark administrator and global leader in digital asset data, providing institutional-grade digital asset data and settlement indices. By aggregating and analyzing tick data from globally recognised exchanges and seamlessly integrating multiple datasets, CCData provides a comprehensive and granular overview of the market across trade, derivatives, order book, historical, social, and blockchain data.

To learn more about CCData, go to: www.ccdata.io.

About CoinDesk

CoinDesk is one of the most trusted media, events, indices, and data companies for the global crypto economy. CoinDesk Indices offers expertise in digital asset indices, data, and research to educate and empower investors. Since 2013, CoinDesk Media has led the story of the future of money and investing, illuminating the transformation in society and culture that comes with it. Our award-winning team of journalists delivers news and unparalleled insights that bring transparency, comprehension, and context. CoinDesk Events gathers the global crypto, blockchain, and Web3 communities at annual events such as Consensus, the world’s largest and longest-running crypto festival.

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SINGAPORE, Oct. 15, 2024 /PRNewswire/ — AEON, the next-generation modular payment protocol, is thrilled to partner with Gate.io and present the GameOn TON Hackathon together, an exciting opportunity to revolutionize the gaming landscape!

With a substantial $6M prize pool up for grabs, this event aims to empower developers and creators to innovate in the world of Web3 gaming and the Open Network (TON), fostering collaboration and creativity. Participants can look forward to expert mentorship, workshops, and invaluable access to industry leaders, ensuring a comprehensive development experience.

Gate.io‘s Involvement in the Hackathon

As a prominent co-host, Gate.io will contribute a total of $1M to the hackathon, with $850K allocated for investments in winning projects and $150K designated for grants to incentivize participation. The investment decisions will be determined through Gate.io’s internal meetings, ensuring that selected projects receive the necessary funding and support to thrive.

In addition to their financial contributions, Gate.io representatives will actively participate in offline events and serve as judges, providing valuable insights and feedback during the evaluation process. They are committed to identifying high-quality projects and offering comprehensive support, including investment, listing on their exchange, and connecting projects with essential resources.

This partnership with Gate.io underscores AEON’s dedication to creating a dynamic and supportive environment for developers, helping to elevate innovative ideas within the blockchain ecosystem.

Introducing Our Esteemed Hosts and Co-Hosts

Distinguished hosts and co-hosts will guide the GameOn TON Hackathon. The event is hosted by AEON, The Open Network Foundation (TON Foundation), Nomad Capital, and TOP, alongside co-hosts including Oak Grove Ventures, Gate.io, MEXC Ventures, Alibaba Cloud, Gam3Girl Ventures, OKX Wallet, Draper Associates and Winking Studios. This impressive lineup ensures robust support for all participants.

Partners in Innovation Shaping the Future

The GameOn TON Hackathon brings together key industry players to enhance the participant experience. AEON is partnering with notable organizations such as TON Society, TonBit, Alchemy Pay, DoraHacks and OnePiece Labs, all dedicated to providing valuable resources and insights. Community collaborators like BeWater, BlockBooster, TinTinLand, HackQuest and Builder DAO will facilitate networking and collaboration opportunities, while media partners including Bitcoin.com, Foresight News, ChainCatcher, TechFlow, CoinPost, BlockMedia, CoinTurk, Coinvestasi, Blogtienao and so on will help amplify the event’s reach and visibility.

Be Part of the Future and Make Your Mark

Join us in this groundbreaking opportunity to shape the future of gaming! Don’t miss your chance to showcase your talent and creativity.

For more information and resources, check out the following important links:

Join us and be a part of the exciting journey at the GameOn TON Hackathon!

About Gate.io

Gate.io is a centralized cryptocurrency exchange where users can find a large number of crypto coins and tokens to trade. The platform supports over 1400 cryptocurrencies with over 2500 trading pairs. The project occupies one of the leading positions in terms of trading volume (more than 12 billion dollars in trading volume daily) and supports spot and margin trading. It also expanded services to other markets, including options, futures, and derivatives for investors.

Launched in 2013, the platform claims to be “steady and reliable,” offering a user-friendly platform with 24/7 customer support and a robust mobile app. However, the exchange is not highly regulated, and does not offer the option to withdraw fiat. In order to withdraw funds from accounts or deposit cryptocurrencies, users go through a mandatory KYC or “Know Your Customer” process.

About AEON

AEON is a next-generation modular payment protocol designed to unify the standard of crypto payments and enable real-world connectivity. By simplifying the integration, processing, and settlement of crypto payments, AEON offers low-cost, verifiable, and secure payment processing.   

Developing a robust crypto payment standard akin to Visa, AEON aims to connect web3 infrastructures with mass adoption use cases, ensuring adaptability, liquidity, and efficiency and supporting on-chain payment methods such as subscriptions, global fiat rails, and tips.
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SOURCE AEON

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