Author: CryptoCurrencyNews

Golem Network and Gamerhash AI Join Forces to Provide GPU Resources to the AI Industry

The partnership with Gamerhash addresses the growing demand for GPU resources in AI projects, leveraging the computing power of graphics cards within the gaming community.

ZUG, Switzerland, March 19, 2024 /PRNewswire/ — Golem Network, the decentralized computing platform and pioneer Web3 project in the DePIN domain, is excited to announce its strategic partnership with Gamerhash. As Golem Network expands its ecosystem to meet the computing needs of the AI industry, this collaboration with Gamerhash aims to increase the supply of GPU, addressing the rising demand for computing power in AI projects.


Golem Network and Gamerhash AI Join Forces to Provide GPU Resources to the AI Industry

Gamerhash AI,  trusted by 770.000 gamers globally, allows its users to earn and share GPU computing power using an app. The company is now extending their GPU resources to Golem Network, expanding the demand for its user base. GamerHash decentralized gamers-grid is an architecture that was built more than 6 years ago and perfectly fits Golem Network architecture.

This collaboration brings more GPU power to the Golem Network ecosystem, strengthening its support for the AI industry. In addition to leveraging Golem Network GPU providers, Golem is now expanding its reach by tapping into the GPU resources available within the gaming market. This partnership marks a key milestone as it contributes to Golem Network’s mission to provide access to digital resources, fostering innovation and empowerment without relying on centralized providers. Addressing the needs of  the AI industry, Golem allows anyone to access affordable computing power to build their own AI applications.

Arkadiusz Cybulski, Head of AI/GPU at Golem Network, said: “This partnership is a game-changer in unlocking the compute power of graphics cards within the gaming community. By teaming up with Gamerhash, we are expanding our computing power supply. The reason behind is that we will soon launch a new service for deploying and running AI models at scale. This initiative will effectively address the growing demand, leveraging our GPU computing resources.”

As Golem Network continues to innovate, the commitment of users worldwide to contribute their computational resources highlights the community-driven spirit of Golem Network and reinforces the vision of a globally accessible, decentralized infrastructure.

More about Golem AI ecosystem and roadmap on the dedicated website: https://www.golem.network/ai

About Golem Network: Golem Network is a DePIN (Decentralized Physical Infrastructure Network) project that allows anyone to access distributed computing resources. Through an open-source, peer-to-peer platform it allows users to share their hardware or rent computational resources from other parties in the network. More information on www.golem.network

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Global Leading Crypto Exchange BingX Makes Move Into Latin American Fiat-to-Crypto Payments

VILNIUS, Lithuania, March 19, 2024 /PRNewswire/ — In a significant step towards its growth in Latin America, BingX is thrilled to announce its expansion into Brazil. Effective immediately, users in Brazil can access cryptocurrencies using Brazilian Reals (BRL) through transfers facilitated by Pix, the real-time retail payment system introduced by the Brazilian Central Bank.  


Global Leading Crypto Exchange BingX Makes Move Into Latin American Fiat-to-Crypto Payments

This strategic move is part of BingX’s ambitious plan to broaden its reach across Latin America, demonstrating BingX’s commitment to providing accessible financial diversity for users within the region. By enabling deposits and withdrawals in BRL, BingX simplifies the process of acquiring cryptocurrencies while ensuring a secure and seamless experience for all its users.

Understanding the high standards and expectations of Brazilian consumers, BingX is committed to delivering top-notch service quality. “We’re excited to bring BingX’s user-centric services to Brazil, marking the first step in our journey to expand across Latin America. By enabling seamless transactions with BRL through Pix, we’re empowering users with greater accessibility and security in their cryptocurrency endeavors,” stated Vivien Lin, Chief Product Officer of the company.

In celebration of this important development, BingX is rolling out an exclusive promotion to reward its first Brazilian users. The initial 500 customers to top up their accounts using BRL as fiat currency and execute their first fiat-to-crypto transaction will receive a 10% USDT rebate on their first order’s value. Moreover, the campaign will reward the first 500 users who convert at least 30 USDT from fiat currency, providing them with a gift pack valued at up to $100.

The inclusion of Pix as a transaction method underscores BingX’s commitment to catering to the needs of its Brazilian users by providing a fast, reliable, and secure platform for their financial transactions. This enhancement is expected to significantly improve user experience, streamline the process of buying and selling cryptocurrencies, and make BingX a go-to platform for crypto enthusiasts in Brazil.

About BingX

Founded in 2018, BingX is a leading crypto exchange, serving over 10 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became Chelsea FC’s principal partner, marking an exciting debut in the world of sports.

For more information please visit: https://bingx.com/


(PRNewsfoto/BingX)

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“Solid Projects We Would Love to Work With”: Bybit Affirms its Open and Collaborative Approach in Livestream Event with Solana Ecosystem to Unveil Ecosystem Growth and Prioritize User Value in Web3

DUBAI, UAE, March 19, 2024 /PRNewswire/ — Bybit, one the world’s top three crypto exchanges by trading volume, and Solana, one of the fastest-growing ecosystems in the blockchain sphere, joined forces for an electrifying livestream discussion with other dApps. The event showcased the remarkable growth of the Solana ecosystem and unveiled exciting plans for the future, with a focus on delivering values to the blockchain ecosystem.

During the livestream, Ben Zhou, co-founder and CEO of Bybit emphasized the importance of partnerships with solid projects, resilience and vision, reflecting Bybit’s strategic approach to collaboration within the cryptocurrency ecosystem. “We’re drawn to projects with a proven track record and a solid foundation,” Zhou said. “Solana really surprised me in how it developed and how resilient it is, and now that the community is super strong, all these new projects are building onto it.”

Lily Liu, president of the Solana Foundation, spoke about the unique capabilities Solana brings to the table. “Solana stands apart with its ability to execute transactions in a blink of an eye and at minimal cost enabling what was once thought impossible,” Liu said. “This paves the way for innovative applications previously beyond reach.”

Bybit’s commitment to nurturing a robust and innovative crypto ecosystem is underscored by its focus on Web3 initiatives like Solana Fiesta, with planned hackathons, conferences, and collaborative efforts hosted at Bybit’s Dubai Crypto Ark Space designed to expand crypto adoption and spur innovation.

Marius George Ciubotariu, a core contributor to Kamino Finance, a leading decentralized finance (DeFi) protocol on Solana, welcomed the opportunity to offer Bybit users an airdrop of the new Kamino ($KMNO) token, as part of Bybit x Solana‘s Airdrop Arcade. “This is the moment when many will discover Solana for what it is: a seamless, straightforward blockchain experience akin to using the web without cumbersome interfaces or wallets,” he said.

Joe Takayama, YouTube influencer, pointed out the innovative projects on Solana, many of which will be listed on Bybit. “A lot of the coins on Solana are not just tokens. They’re building and investing in the Solana ecosystem. The tools and products they build will appeal to the mass market.”

Bybit’s alliance with Solana is a pivotal step toward creating a more accessible, efficient, and innovative digital asset landscape. Emily Bao, Web3 evangelist from Bybit Web3, summed up the venture, “Our goal is to collaborate with the best in the blockchain world, and Solana is one of our top choices with its innovation and efficiency.”

#Bybit / #TheCryptoArk / #BybitWeb3

About Bybit Web3

Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over one million wallet users, over 10 major ecosystem partners, and counting. 

Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as a top 3 global crypto exchange, trusted by 25 million users globally.

Join the revolution now and open the door to your Web3 future with Bybit.

For more details about Bybit, please visit Bybit Web3.

About Bybit

Bybit is one of the world’s top three crypto exchanges by volume with 25 million users. Established in 2018, it offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: media@bybit.com
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube


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Flash News: OKX DEX Launches ZK Token Trading Campaign with a 9,000 ZK Token Prize Pool

SINGAPORE, March 19, 2024 /PRNewswire/ — OKX, a leading Web3 technology company, has issued updates for March 19, 2024.


(PRNewsfoto/OKX)

OKX DEX Launches ZK Token Trading Campaign with a 9,000 ZK Token Prize Pool

OKX today launched a new trading campaign on its DEX aggregator, giving eligible users who trade Polyhedra Network‘s ZK tokens the opportunity to claim a share of a 9,000 ZK token prize pool. The campaign begins on March 19 at 6:00 PM (UTC+8) and ends on April 9 at 6:00 PM (UTC+8).

Users must trade ZK tokens worth more than US$100 on OKX DEX to be eligible for the campaign’s rewards. Further details on how to participate in the campaign can be found here.

Polyhedra Network offers cross-chain solutions for both Layer 1s and Layer 2s through the use of zkBridge. This utilizes zero-knowledge proof to securely verify state transitions between chains without the need for trust. zkBridge technology not only ensures robust security without external assumptions, but also lowers the costs of on-chain verification.

Note: Not all products are available in all regions. OKX reserves the right to determine and amend the rules of the campaign at any time without further notice, including but not limited to canceling, extending, or terminating this campaign, modifying the eligibility conditions for users participating in the campaign, and adjusting the campaign and reward rules. For the campaign’s full terms and conditions, click here.

For more information, please visit the OKX Support Center.

For further information, please contact:
Media@okx.com

About OKX

A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:

  • OKX Wallet: The world’s most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, ‘written down’ seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
  • DEX: A multi-chain, cross-chain decentralized exchange aggregator of 400+ other DEXs and approximately 20 bridges, with 200,000+ coins and more than 20 blockchains supported.
  • NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
  • Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.

OKX partners with a number of the world’s top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.

As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.

To learn more about OKX, download our app or visit: okx.com

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SOURCE OKX

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Flash News: OKX Lists Polyhedra Network’s ZK Token on its Perpetual Futures Market

NASSAU, Bahamas, March 19, 2024 /PRNewswire/ — OKX, a leading crypto exchange and Web3 technology company, has issued updates for March 19, 2024.


(PRNewsfoto/OKX)

OKX Lists Polyhedra Network’s ZK Token on its Perpetual Futures Market

OKX today listed a USDT-margined ZK token contract on its perpetual futures market at 10:30 AM (UTC), enabling users to trade ZK/USDT with up to 50x leverage. In addition, margin trading and Simple Earn for the ZK token will be enabled at 4:00 AM (UTC) on March 21, 2024.

These updates will be available across both the web and app interfaces as well as the API, providing users with more flexibility and choices in their trading strategies.

ZK is the token that fuels the Polyhedra Network, which offers cross-chain solutions for both Layer 1s and Layer 2s through the use of zkBridge. This utilizes zero-knowledge proof to securely verify state transitions between chains without the need for trust. zkBridge technology not only ensures robust security without external assumptions, but also lowers the costs of on-chain verification.

For more information, please visit the Support Center.

For further information, please contact:
Media@okx.com

About OKX

OKX is a leading global crypto exchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being one of the fastest and most reliable crypto apps in the world.

As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.

The OKX Wallet is the platform’s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.

To learn more about OKX, download our app or visit: okx.com

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SOURCE OKX

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