Bitcasino to Use Estonian ESTCube-2 Satellite to Send Bitcoin into Space

Press Release: Bitcasino will use the Estonian satellite organization ESTCube-2 to send one Bitcoin into Space in 2023

 

29th August 2022, TALLINN, Estonia – The world’s first licensed Bitcoin-led casino operator, Bitcasino, has partnered with ESTCube-2 to send one bitcoin to space in 2023, giving all its players the chance to be a part of this groundbreaking experience.

 

By playing all of their favorite games on the platform, Bitcasino is giving its players the chance of a lifetime to send their crypto assets to Earth’s outer orbit, becoming part of the satellite’s mission. Everyone can join Bitcasino on this adventure, with the cryptocurrency set to orbit the Earth until the end of the satellite’s lifetime, when it will then help fund the next ESTCube science project.

 

The ESTCube Project

ESTCube-2, a satellite built by the Estonian satellite organization, is composed of space enthusiasts and students, wish to take Estonian space tech onto the world stage. The main pursuit of the ESTCube project is to develop, build and launch scientific nanosatellite missions. In addition to technical challenges, the project aims to promote and popularize science in schools and among the general public.

 

Director of Bitcasino at Yolo Group, Tauri Tiitsaar, said: 

 

“Much like Bitcasino, these brilliant young scientists at Tartu University in Estonia are pushing the limits and want to disrupt the status quo. This resonates with what we at Bitcasino believe in and we want to support the next generation of engineers. This is also a great chance to make history as we’re the first crypto casino to send a Bitcoin to space. We can’t wait to take our players along for the ride.”

 

ESTCube-2 Project Manager, Hans Teras, said: 

 

“We are very excited to partner with Bitcasno as it helps us promote exciting, novel, and inspiring space technology solutions  by developing the satellite and bringing people’s attention to the importance of combating space debris.”

 

The ESTCube-2 satellite is being prepared for launch in the first half of 2023, from the European Spaceport in South America on board the Arianespace Vega-C rocket.

 

About Bitcasino

Founded in 2014, as part of the Yolo Group, Bitcasino has an expansive, quality casino product featuring more than 2,000 games, including slots, table games, and live dealer casinos from some of the industry’s leading suppliers. These are hosted on its proprietary platform, developed by leading designers and software engineers to create the ultimate user experience for players.

 

Bitcasino prides itself on its enjoyable and trustworthy casino and gaming service, with withdrawal times of around 1.5 minutes amongst the fastest in the industry and cutting-edge security measures in place.

 

Bitcasino Links

Telegram | Twitter | Instagram 

 

Media Contact 

Contact Name: Claudia

Contact Email: press@yolo.group       

 

Bitcasino is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

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Bitcasino to Use Estonian ESTCube-2 Satellite to Send Bitcoin into Space

Press Release: Bitcasino will use the Estonian satellite organization ESTCube-2 to send one Bitcoin into Space in 2023

 

29th August 2022, TALLINN, Estonia – The world’s first licensed Bitcoin-led casino operator, Bitcasino, has partnered with ESTCube-2 to send one bitcoin to space in 2023, giving all its players the chance to be a part of this groundbreaking experience.

 

By playing all of their favorite games on the platform, Bitcasino is giving its players the chance of a lifetime to send their crypto assets to Earth’s outer orbit, becoming part of the satellite’s mission. Everyone can join Bitcasino on this adventure, with the cryptocurrency set to orbit the Earth until the end of the satellite’s lifetime, when it will then help fund the next ESTCube science project.

 

The ESTCube Project

ESTCube-2, a satellite built by the Estonian satellite organization, is composed of space enthusiasts and students, wish to take Estonian space tech onto the world stage. The main pursuit of the ESTCube project is to develop, build and launch scientific nanosatellite missions. In addition to technical challenges, the project aims to promote and popularize science in schools and among the general public.

 

Director of Bitcasino at Yolo Group, Tauri Tiitsaar, said: 

 

“Much like Bitcasino, these brilliant young scientists at Tartu University in Estonia are pushing the limits and want to disrupt the status quo. This resonates with what we at Bitcasino believe in and we want to support the next generation of engineers. This is also a great chance to make history as we’re the first crypto casino to send a Bitcoin to space. We can’t wait to take our players along for the ride.”

 

ESTCube-2 Project Manager, Hans Teras, said: 

 

“We are very excited to partner with Bitcasno as it helps us promote exciting, novel, and inspiring space technology solutions  by developing the satellite and bringing people’s attention to the importance of combating space debris.”

 

The ESTCube-2 satellite is being prepared for launch in the first half of 2023, from the European Spaceport in South America on board the Arianespace Vega-C rocket.

 

About Bitcasino

Founded in 2014, as part of the Yolo Group, Bitcasino has an expansive, quality casino product featuring more than 2,000 games, including slots, table games, and live dealer casinos from some of the industry’s leading suppliers. These are hosted on its proprietary platform, developed by leading designers and software engineers to create the ultimate user experience for players.

 

Bitcasino prides itself on its enjoyable and trustworthy casino and gaming service, with withdrawal times of around 1.5 minutes amongst the fastest in the industry and cutting-edge security measures in place.

 

Bitcasino Links

Telegram | Twitter | Instagram 

 

Media Contact 

Contact Name: Claudia

Contact Email: press@yolo.group       

 

Bitcasino is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

The post Bitcasino to Use Estonian ESTCube-2 Satellite to Send Bitcoin into Space appeared first on Bitcoin PR Buzz.

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BullDogeChain – The Future of Cryptocurrency and Blockchain Technology

BullDogeChain Overview and Mission

To make blockchain more applicable to end-users, we firmly believe that the gap between the real world and the crypto niche must be narrowed. It is crucial to introduce more ‘rational’ applications to the community. Except for the amount being transferred, neither the sender nor the recipient knows the transaction details in the first generation of blockchains used exclusively for transferring cryptocurrencies. Surprisingly, neither party is aware of the other’s wallet address. This is why so many of these blockchains are used to conduct activities on the dark web.

Our guiding principle is uncomplicated: we intend to utilize all the robust, futuristic, and practical concepts from prior generations of blockchains, unify them, and then launch a native chain.

BullDogeChain – Comprehensive Ecosystem

$wBDC is the wrapped token of BullDogeChain – a decentralized blockchain project with support for EVM-based smart contracts and secured by a Proof of Stake (POS) consensus.

BullDogeChain provides a unique platform for users and potential future crypto conglomerates. It offers a one-of-a-kind ecosystem for a wide range of projects, including Launchpad, Decentralized exchange, Wallet, Future social networks, blockchain-based Metaverse Infrastructure, non-fungible token (NFT) projects, the next generation of P2E games, and more.

BullDoge Decentralized Exchange is an Automated Market Maker (AMM), and the Exchange is at the heart of BullDoge Dex. BullDoge Dex is the leading AMM on the MultiChain and, as statistics tell, the most popular Decentralized Exchange (DEX) ever!

The BullDoge Wallet is a non-custodial cryptocurrency wallet that gives users control over their own private keys, addresses, and funds. BullDoge Wallet provides users with an additional means of interacting with the BullDoge ecosystem as a whole.

The Marketplace is a vast part of the BullDoge and a massive release. This is a monumental step forward for the global DEX and the innovative space to earn crypto through NFTs, home to the next generation of digital creators.

The BullDoge World is the main lobby in the metaverse, connecting all BullDoge-Cities. It is used as a portal and the public open world that allows users to navigate themselves to the city where they want to spend their time, access & acquire the land.

Conclusion

BullDogeChain offers an evidently futuristic and robust solution for improving existing blockchain protocols’ security, scalability, and efficiency. We do not provide something that is “completely new.” In fact, we believe in extracting the best components from existing solutions, fortifying them, and then providing users with a workable solution.

Throughout development, one of our primary goals was to make this blockchain platform more logical for end-users by reducing the amount of “unnecessary abstraction.”

Due to its decentralization and scalability, BullDogeChain is well-suited to serve many industries, including IoT, government, healthcare, and education.

Contact

Twitter: https://twitter.com/bulldoge_chain/

Telegram Channel: https://t.me/BullDogeChain_Channel

Telegram Group: https://t.me/BullDogeChain_Group

Facebook: https://www.facebook.com/bulldogechain/

CONTACT: Company Name / Brand Name: BullDogeChain, Contact Person: Bull, Company Address: Bishan St. 15, Singapore, email: contact@bulldogechain.io

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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International Summit “Wow MetaVentures Bangkok” to Be Held on Dec. 14–15

A unique event, “WOW MetaVentures Bangkok,” will be held on December 14-15 in Bangkok. The organizers are the venture capital fund “MetaVentures” and WOW Summit.

The “WOW MetaVentures” brand is reorganized into a venture capital fund focused on digital projects related to Metaverse, NFT, Digital Art, and other promising areas of the cryptocurrency industry. 

“WOW MetaVentures Bangkok” will be a vivid event due to the global experience of the organizers and unification industry leaders in the areas of NFT, DeFi, metaverse, regulation, investment, development, and many others!

The exclusivity and uniqueness of the event open the door to business and investment opportunities targeting a broad international audience.

Investments, Blockchain, Metaverse and NFT, Biotech, DeFi, DAO, Digital Art, mining, payment systems, and regulation of digital assets are just some of the list of topics that will be discussed at the summit, as well as networking.

Business and investment are the primary focus of the event. The most interesting investment opportunities and innovations in the world will be discussed, along with how Metaverse/WEB3 developments are changing the world.  DAO’s impact on the economic mergers with the DeFi sector will be highlighted with a focus on how Fintech is helping to make investments more accessible.

An organized NFT exhibition will allow guests to experience the best of digital art and popular collections. A startup competition will occur, where participants will present their projects from the main stage, and fashion designers will show their collections in the “Metaverse.”

“WOW MetaVentures Bangkok” is an experience that will allow all participants to meet, conduct fruitful networking, and get acquainted with leading committed leaders, entrepreneurs, and investors.

The relaxing atmosphere of a memorable party at the AfterPaty in a unique location will not leave anyone indifferent. A VIP dinner will be organized for VIP guests, speakers, and influential persons. 

The previous summit was attended by high-level technology leaders such as Nick Spanos, Alevtina Yakovenko, Davinci Jeremie, Monsak Socharoentum, Felix Mago, and Ratanon Palanon. The event was opened by Vice Governor Pithet Panapong.

Strong business networking coupled with a packed program will allow us to continue to bring together crypto and blockchain enthusiasts and professionals from around the world in the warm environment of beautiful Thailand. 

Book your tickets and join Thailand’s premier crypto event, “WOW MetaVentures Bangkok.”

*If you want to present your project, become a partner, or share your experience on stage, register on the event’s official website.

https://metaventures.global

WOW MetaVentures Bangkok organizers

  • Venture capital fund MetaVentures
  • Mikhail Savchenko, CEO of Inite, blockchain enthusiast, and serial entrepreneur with more than 20 years of experience in fintech and blockchain
  • GuyWay Business concierge

Disclosure: This is a sponsored press release. NullTX is an official media sponsor of WOW MetaVentures Bangkok.

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Metaverse, Web 3.0 Disruption, and Blockchain Advancement to be Discussed at MetaWeek in Dubai

The MetaWeek conference will take place on September 11-14, 2022. Thousands of web 3.0  enthusiasts and thought leaders worldwide will convene in Dubai to set the future trends of metaverse applications.

After huge success in launching the first MetaWeek in early March 2022, NexChange Group presents the second edition of the large-scale international event in Dubai, September 11 to 14, 2022.

As one of the world’s leading proponents of using cutting-edge tech like blockchain and Metaverse  tools, Dubai has been accumulating regional efforts in the digital economy development and  Metaverse adoption, with the implementation of the Dubai Metaverse Strategy and The Higher  Committee for Future Technology and Digital Economy launched just recently. The strategy aims  to increase the contribution of the Metaverse sector to the Emirate’s economy to $4 billion and to  create 40,000 virtual jobs by 2030.

Jason Luo, CEO of BitForex:

“Although we are in a period of uncertainty for the digital assets market, there are challenges and opportunities. The industry’s great potential and huge demands and interests coming from our users and investors towards digital assets and the financial industry are still exciting. BitForex has been committed to providing a convenient and  diverse environment to welcome the next bullish market.”

A week-long event will culminate in a 2-day MetaWeek Summit, set for September 12-13, taking place at the Grand Hyatt Dubai hotel. From regulatory efforts towards Web 3.0 to digital asset market trends to gaming ecosystems to digitization of corporate infrastructures, to investment strategies, to DAOs and NFTs utilities and marketing – dozens of themes related to the world of  Web 3.0 and Metaverse will be thoroughly discussed at the summit’s agenda.

“Metaweek proved to be very beneficial to pax.world after our attendance earlier this year where  we went on to build multiple priceless partnerships and win Metaverse of the Year in Dubai” says  Frank Fitzgerald, Founder of pax.world. “We believe the Metaverse is not only for fun and  business, but community building and education. Metaweek also represents this along with our  mutual desire to make the Metaverse open for everyone. This is all why it was easy to say yes  when they asked if we’d join them again in September.”

Tapping into new larger audiences is one of the best ways for world-known brands from various sectors to benefit from entering the world of Metaverse. New communities and myriads of ways to interact with them define the virtual realms and spark more interest from luxury fashion brands, tech giants, and smaller businesses.

George Paliani, CEO of CoinsPaid Media: 

“Many types of blockchain projects avoid the word “media” and call themselves decentralized autonomous organizations (DAOs), communities, or other variants. However, blockchain media has several advantages. Such projects can show the way with features that support Web 3. Now we can speak the same language with a new generation.”

Piers Dunhill, Founder, Dunhill Ventures: “The investment interest in Metaverse and Web 3.0  solutions from corporate entities and private offices and funds from all over the world has been increasing exponentially over the last months. It shows that Metaverse has become extremely valuable. It opens up many possibilities for the venture capital flow, giving a chance for Metaverse  to become reality.”

The Summit’s agenda will feature 100+ world’s most famous Web 3.0 and blockchain development experts. Speakers who will rock the stage at the MetaWeek Summit:

  • Yat Siu, Co-Founder & Executive Chairman, Animoca Brands, Founder & CEO, Outblaze ● Daniela Barbosa, Executive Director, Hyperledger Foundation; General Manager  Blockchain, Healthcare, and Identity, Linux Foundation 
  • Dr. Elie Abadie, Senior Rabbi, Jewish Council of the Emirates, Rabbi, Association of Gulf Jewish Communities
  • Lewis Neal, CEO, Kryptic, Former NFL Player
  • Erik Weir, Principal, WCM Global Wealth
  • Nick Spanos, Bitcoin Pioneer 
  • Dr Michaela Ulieru, Strategic Impact Leader, IOHK 
  • Sanmeet Singh Kochhar, Vice President, HMD Global MENA & India (Home of Nokia Phones, the exclusive manufacturer of Nokia phones and tablets globally)
  • Susan Oh, CMO of Earn.games
  • Dr. Mohamed Al Hemairy, Head, Technology Transfer Office, University of Sharjah ● Kapil Dhiman, Chief of Staff & Web 3.0 Lead, PwC India

Themes that will be covered at the MetaWeek Summit include:

  • Corporate Structure for Smooth Metaverse Transition 
  • Digital Currencies Flow in Metaverse & Role of AltCoins 
  • Move2Earn, Re-Imagining Fitness & Bridging the Metaverse
  • Sustainable Development Goals for Metaverse
  • Social Impact: Setting Pace for Better Future 
  • Gaming and GameFi Trends 
  • Phygitalism: How Artists Thrive in Metaverse 
  • DAOs and Successful Governance Models 
  • NFTsation for Brands: From Collectibles to Marketing Tools 
  • Data Privacy and Management of Big Data: How Will Data be Managed in Metaverses 

NexChange Group is a venture builder and media platform specializing in Blockchain, Metaverse, FinTech, HealthTech, AI, and Smart Cities.

For more information on the registration, speakers, agenda, and partnerships, please visit https://www.themetaweek.com or contact: info@nexchange.com

Disclosure: This is a sponsored press release. NullTX is an official media sponsor of MetaWeek 2022.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

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Dubai to Be the Web 3 & Metaverse Capital of the World

The tech investment world has increased in the last 20 years since the dot com boom. Investors have gone from investing in microchip manufacturing companies to internet marketplaces such as Amazon and eBay. And even though investors understand the rapid changes & growth of the tech world, they have been having a hard time investing in Web 3.0 (Crypto, Blockchain, etc.) & Metaverse world. However, this changed when Mark Zuckerberg announced that Meta is building the Metaverse.

The Metaverse concept coming to reality helped investors understand how the world will shift from a Web 2.0 world that runs on a centralized internet to a Web 3.0 world that works seamlessly in a decentralized fashion. Moreover, this allowed investors to see that the value crypto brings is not just about tokens that go up and down in price but that crypto is about a peer-to-peer transaction system that is fast and connected to all aspects of Web 3.0 and the Metaverse. And this is how tech will evolve and be pushed to the next level. And since then, governments worldwide have announced billions of dollars in funding for Metaverse and Web 3.0 development.

In fact, the Dubai government aims to create 40,000 jobs in the Metaverse over the next five years and add $4 billion to the economy through Metaverse and Web 3.0 development. And it’s for this reason that a summit such as METAVSUMMIT exists. METAVSUMMIT helps bring the top Web 3.0 and Metaverse companies from over 20 countries to meet investors and strategic partners in Dubai. With the help of Title Sponsor www.CyCoin.com, one of the largest Web 3.0 ecosystem projects with its Metaverse, METAVSUMMIT will bring together hundreds of founders and engineers from the Metaverse and Web 3.0 world to showcase their companies and innovations in Dubai on Sept 14th to 15th 2022.

METAVSUMMIT continues to focus on ensuring that Dubai & GCC investors and strategic partners are being educated to maximum capacity on Web 3.0 and Metaverse developments. And the event will continue to push for this mission as the belief in a Web 3.0 decentralized world is strong and much needed for humanity to progress without borders.

To learn more about METAVSUMMIT, please visit: www.metavsummit.com

To contact METAVSUMMIT, kindly email info@metavsummit.com.

Disclosure: This is a sponsored press release. NullTX is an official media sponsor of METAVSUMMIT.

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Next Block Expo Is Aiming to Become the Biggest Blockchain Festival in Europe

The First edition will be held in Berlin, Germany, from 23-24 November 2022, with more than 5000 attendees. 4 months from now, the Berlin Station will be the most important place on the European blockchain map, linking together the most important names from the blockchain industry.

“We are bringing founders, investors, and blockchain experts together to redefine and discover the Web3 future,” – says Tom Kopera, Next Block Expo Co-founder.

The organizers expect more than 5000 participants at the conference plus another 10 000 attending online. The venue can host more than 100 exhibitors and sponsors. Everyone will be able to listen to more than 50 top blockchain speakers.

next block expo event

The biggest blockchain festival in Europe is dedicated to web3 startups, no matter the stage of development. The event will bring together founders, angel & retail investors, venture capital firms, developers & software houses, and various industry experts.

There will be six types of events to attend. The most influential people in the blockchain space will share their visions about web3 from the main stage during Presentations time. Round Tables will be an opportunity to understand different perspectives. During Workshops, experts in respected fields will share their knowledge with participants. All exhibitors can submit their projects to the Pitch Contest, where experts will select the best startups. We also plan Hackathons for hard-core developers who want to learn by doing, and Side Events organized directly by startups for their communities.

The conference will be divided into six content tracks:

  • DeFi
  • Blockchain gaming
  • Metaverse / NFT
  • Scaling & Infrastructure
  • Web3 Discovery
  • Fundraising and Investing

“It is a unique opportunity to either find partners for your project, talk to investors and venture capital firms, see what is ‘hyped’ and maybe find the next big thing to invest into,” – says Tom Kopera.

“But most importantly, we want to focus on the future of Web3 – we are witnessing a new economy that combines what web3 already created, and now traditional sectors are jumping in. So let’s discuss, brainstorm and share our vision of the future.”

Next Block Expo is an extension of a previous series of events held under the name Cryptocurrency World Expo over the last six years.

More info: https://nextblockexpo.com 

Resources for participants, sponsors, and exhibitors: https://linktr.ee/nextblockexpo

Follow Next Block Expo on Twitter: https://twitter.com/nextblockexpo

Disclosure: This is a sponsored press release. NullTX is an official media sponsor of Next Block Expo.

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NFT Show Europe Maps Out the Metaverse by Connecting Blockchain Innovators With Immersive Digital Artists

Valencia August 12th, 2022: During the weekend of the 17th and 18th of September, the Mediterranean city of Valencia will host the first edition of NFT Show Europe (#NFTSE22). This leading-edge event plans to ‘map out the metaverse’ by connecting blockchain innovators with world-class immersive digital artists.

Conceived as an accelerator for metaverse creativity, #NFTSE22 shakes up the traditional conference format with experimental and interactive art, robotic screen choreographies, and VR experiences. The event is attracting technologists, brands, and investors keen to understand the potential of this explosive new industry.

“Visitors will have the chance to jump into virtual reality or participate in creating collaborative works with some of today’s most sought-after artists,” explains Patrick Cyrus, Marketing Manager of #NFTSE22.

“They can use custom #NFTSE22 AR filters, experience metaverse installations, or mint exclusive interactive NFTs. It’s a celebration of today’s latest innovations and the place where tomorrow’s key collaborations will be made.”

Confirmed #NFTSE22 speakers include:

  • Hide Uehara, Director of Business Development for Square Enix (Final Fantasy)
  • Sam Hamilton, Creative Director of the Decentraland Foundation
  • Takayaki Suzuki, Head of Mobile at MTV Japan
  • Laurent Perello, TRON DAO Blockchain Advisor
  • Zancan, the highest-selling artist on the Tezos network
  • Kim Asendorf, the creator of the first animated GIF sent into deep space and the creator of one of the most known pixel sorting algorithms.
  • Ganbrood, Jenni Pasanen, Sofia Crespo, and Ivona Tau are GAN and Artificial Intelligence art pioneers, pushing the boundaries of machine-artist creativity.

Surfing the Metaverse Wave in a Bear Market

In just a few days, visitors from more than twenty countries registered for #NFTSE22. The organizers see the wave of interest in metaverse as driving ticket sales for the event, with brands and investors looking to solidify partnerships during the bear market.

“The community is more active than ever and looking to make new connections before we enter the next bull phase,” adds Cyrus.

The tickets for #NFTSE22 are available online in both fiat and cryptocurrencies, including ETH and Tezos.

More about NFT Show Europe #NFTSE22

#NFTSE22 will be held in the Mediterranean city of Valencia, Spain. After being selected as the World Design Capital and the home of the finals of the Davis Cup, the city is positioned as one of the most attractive event cities in Europe.

#NFTSE22’s first edition is sponsored by essential names such as HP, Polkadot, Zeroframe, Innoarea, Unique Networks, BaumBuddy, and Bitnovo, among others. It is set to become the leading European meeting point for digital art, NFT artists, collectors, and blockchain innovators.

Official Website: https://nftshoweurope.com/

Official Twitter: https://twitter.com/nftshoweurope

Disclosure: This is a sponsored press release. NullTX is an official media sponsor of NFT Show Europe.

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NULS Partners With Suisse Blockchain – Incubator With Its Own IDO Platform

Press release: The Innovative Nuls Solution Will Aid Suisse Blockchain in Shaping the Future of the Blockchain Industry.

 

August 8th, 2022, Singapore: NULS Blockchain is delighted to announce its partnership with Suisse Blockchain. The partnership is a blending of expertise, as Suisse Blockchain is rooted in marketing and regulatory compliance; NULS is grounded in blockchain and multi-chain technologies. Both are committed to a future where blockchain startups are enabled to grow and market their vision for the future of blockchain. Together, NULS and Suisse Blockchain are creating and supporting an IDO and incubator platform.

 

Blockchain is known for its technical and legal complexities – high barriers for blockchain startups to navigate. The mission of Suisse Blockchain is to lower those barriers and enable startups to grow without the limits of potential roadblocks. In other words, to facilitate blockchain startups to shape their future.

 

Streamlining the Incubation Process

The Suisse Blockchain team works hand-in-hand with the NULS team, continually strengthening the security and the future of the upcoming projects. Blockchain is an evolving technology with constantly changing rules and regulations. It is important to navigate the immediate while keeping sight of the future. Suisse Blockchain takes care of that through code auditing, due diligence research, and a deep commitment to regulation. The foundation of Suisse Blockchain is the legal framework of the forward-looking Swiss DLT-Law.

 

This collaboration enables blockchain ideas and visions not yet dreamed of to flourish. As more blockchain startups appear with new ideas and concepts combined with the  Metaverse-bound future, Suisse Blockchain will be there to provide assistance and guidance.

 

NULS is excited to join with Suisse Blockchain in contributing to the predictable and unpredictable shape of the future of the blockchain space.

 

About NULS

NULS, Singapore, provides a blockchain infrastructure boasting cross-chain consensus, a multi-chain mechanism, and smart contract support. Their combination of two blockchains, the NULS and the NerveNetwork blockchain, allows for fast speed and comparatively low transaction costs.

 

Its multi-chain wallet NABOX provides Suisse Blockchain with the ability to interact with multiple chains. This enables the blockchain startup incubator to host IDOs for projects from a variety of platforms and is not restricted to BNB or ETH. Being able to utilize 20+ blockchains is a technical advantage uncommon in the industry. 

 

About Suisse Blockchain

Suisse Blockchain is a company based in Chur, Switzerland. Founded in 2022, Suisse Blockchain is the first blockchain startup incubator created on the Swiss DLT-Law framework allowing the project to be secure and progressive when it comes to regulations. The blockchain-experienced team takes care of the creation, acceleration, and later expansion of the company utilizing one of the most cost-effective and future-proof blockchain platforms.

 

For more details, visit the Suisse Blockchain website here

Follow Suisse Blockchain on Twitter

Join Suisse Blockchain community on Telegram

 

Join NULS Community:

Website Telegram Reddit Twitter Facebook GitHub

 

Media Contact Details

Contact e-mail: contact@suisseblockchain.io

 

NULS BLOCKCHAIN is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

Hackless Pioneers B2B & B2C Security Tool for DeFi, Saving Nearly $500,000 for Clients

Hackless Pioneers B2B & B2C Security Tool for DeFi, Saving Nearly $500,000 for Clients

Press Release: DeFi protection solution, Hackless, is pioneering a new security tool which has so far saved funds worth just under $500,000 from hacked addresses.  

 

August 10th, London, United Kingdom – ETHLisbon Hackathon winners Hackless has designed a comprehensive security platform which aims to protect the decentralized finance (DeFi) world from targeted exploits, as well as safely migrate funds from individual wallets and protocols under attack.

 

Hackless works at the infrastructure level of EVM-compatible blockchains, uniting several elements from the blockchain ecosystem in order to strengthen a DeFi protocol’s security from the lowest levels of its ecosystem.

 

The platform has three core services which it uses to help defend against exploits and recover funds:

 

  • Watchdog – A mempool monitoring tool which tracks suspicious transactions. 
  • SafeMigrate (B2B) – The first-to-market service which ensures that funds can be successfully migrated from a paused DeFi protocol that is being attacked.

.

  • Conductor (B2C) – A private mining provider that ensures the safe and undetectable migration of user’s funds from compromised wallets.

 

The Hackless team believes this type of active protection is critical to the future innovation in the DeFi space given the substantial increase in the value of assets being locked up in DeFi applications.

 

Serhii Androsiuk, co-founder and CEO of Hackless, commented:

 

“The daunting thing about DeFi right now is that the rising tide of recent security exploits seems to out-speed the adoption and development of DeFi as such. Seven of the ten largest crypto thefts from January 2021 to March 2022 involved DeFi protocols. Frequent brutal exploits of flash loan protocols, cross-chain bridges and individual crypto wallets stress the need for a powerful security tool which is capable of boosting industry’s security level right away. We envision Hackless as a comprehensive platform that offers solutions both for DeFi protocols and individual investors. When used by all types of DeFi players it will enhance the overall protection giving a boost to industry’s growth.”

 

Hackless In Action

Earlier this year, A.I. and blockchain-powered virtual assistant services platform VAIOT was subject to a brutal exploit. Attackers tried and succeeded to take ownership of several of the platform’s operational wallets, containing its native currency VAI, which are critical for the functioning of its services. This resulted in the theft and freezing of several million VAI and tens of thousands worth of ETH and BNB, belonging to both their users and VAIOT itself.

 

The Hackless team integrated with VAIOT, contributing their expertise to the effort to safely migrate the frozen assets from the contract owned by the attacker. Using a variety of techniques and tools utilized in the Hackless product itself, the team were able to successfully help VAIOT recover $400,000 in frozen assets, whilst ensuring both the techniques and their employment remained undetected to the attacker.   

 

This successful case study was followed in quick succession by other examples of Hackless in action. The first involved a user who had their private keys stolen (a theft all too common in the crypto space) following a phishing attack. The attacker then monitored the wallet, draining all funds as soon as they appeared, leaving the user unable to access their NFTs worth ~$4,000. In this case, Hackless was able to deploy two key features of its product, the Conductor and SafeMigrate. The team were able to retrieve all the user’s NFTs to an uncompromised wallet without the attacker being aware.  

 

The second was a similar case, only the amount stolen was significantly higher at $87,000. Deploying the same features, Hackless was able to recover this amount quickly, proving again not only that there is demand for this service, but that their tools work. Consequently, both the Conductor and SafeMigrate form part of Hackless’ core offering, which is now available to the public. 

 

Securing the Future of DeFi with Hackless

Hackless has demonstrated its DeFi security pedigree in the wild. Its mission to provide a robust security layer between Ethereum and its many DeFi protocols, is inspired and facilitated by the experience of its Ukraine-based team. Co-Founders Serhii Androsiuk and Pavel Radchuk have extensive experience in the blockchain space, with both having worked with various DeFi and NFT projects since 2017. Androsiuk is also a veteran of the banking sector, lending his expertise in growing projects to scale to the Hackless team. 

 

This year has seen the beginning of the architectural design for its modular platform, as well as production-ready services. The roadmap this year still has a number of exciting developments to come, including its staking program (Q3 2022), V1 Conductor (Q3 2022) and V1 SafeMigrate (Q4 2022). 

 

Combined with partnerships with leading DeFi projects such as Blaize and Zokyo, Hackless is well positioned to deliver a much needed security solution for the DeFi space.

 

To read more about Hackless and its pioneering solution to protect DeFi assets, visit their website here.

 

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Media Contact Details

Contact Name: Nataliia Maslennykova

Contact Email: contact@hackless.io 

 

HACKLESS is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

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