All Industries

Hemule: Vitalik Buterin's Feline Companion as a Beacon in Blockchain's Decentralized Journey

KISS PR Brand Story

Amidst the dynamic evolution of blockchain technology, the Hemule project emerges as a unique and heartwarming narrative. Inspired by Hemule, the beloved cat of Ethereum co-founder Vitalik Buterin, this project intertwines the charm of a feline story with the principles of decentralization and community-driven initiatives. The Story Behind Hemule Hemule is not just a pet; he represents a deeper connection between the blockchain community and the concept of care and empathy. The project narrates Hemule's life and significance in Buterin's family, extending this narrative to a global platform for feline advocacy and welfare. This approach uniquely humanizes the often technical and complex world of blockchain, making it more accessible and relatable. Decentralization at Its Core The Hemule project stands as a testament to decentralized principles. It operates with no contract ownership, ensuring autonomy and security. The project's commitment to zero tax, burned liquidity, and the absence of team tokens is a bold stance in the blockchain space, promoting transparency and trust among its community members. Hemule Token: A Symbol of Equity Trading on Uniswap, the Hemule token embodies the project's ethos. By fostering a zero-tax ecosystem, it ensures fair and equitable access for all participants. This aspect is particularly significant in a landscape where inclusivity and fairness are pivotal. Engaging the Community At its heart, Hemule is a community-driven project. It thrives on engagement through social media and storytelling, creating a sense of belonging among its members. This communal aspect is critical, as it goes beyond mere tokenomics to build a narrative that resonates with people worldwide. Conclusion The Hemule project is a beacon in the blockchain world, illuminating the path with its unique blend of personal narrative, community engagement, and a steadfast commitment to decentralized ideals. It's a project that goes beyond technology to touch the lives of its community, setting a new precedent in the blockchain narrative. Explore More: Website: https://www.hemule.vip/ Twitter: https://twitter.com/HemuleButerin Telegram: https://t.me/HemulePortal Media contact Name: Alexander Bayraktar Email: Team@Hemule.vip Website: https://www.hemule.vip/ Location: Gullubaglar, 1071 Sk. No:10 Pendik/Istanbul SOURCE: Hemule Disclaimer: Release ID: 762672

December 20, 2023 11:00 AM Eastern Standard Time

Image

Exciting News for Dogecoin! 9% 7-Day Gains Fuel Investor Optimism - New Meme Coins Ready to Explode!

Meme Moguls

The downtrend for Dogecoin looks to be over. After trading in a range, there has been an exhilarating surge in Dogecoin's value, with a notable 9% gain over the past 7 days. This surge has ignited a fresh wave of investor optimism. Dogecoin (DOGE) Rises 48% in the Past Month. Will It See More Gains? Dogecoin (DOGE), inspired by the "doge" Shiba Inu meme, was created in 2013. In 2021, its price soared to an all-time high of $0.7376. This rally was primarily driven by social media enthusiasm. Playful comments from high-profile individuals like SpaceX CEO Elon Musk further boosted it. After a rough patch in 2023, Dogecoin has recovered its mojo. As of December 2023, the Dogecoin price has increased from a monthly low of $0.07149 to a peak of $0.1058. Dogecoin has recorded 19 green days (63%) out of 30, with a 9.87% price volatility in the last 30 days. Dogecoin has moved up to become the 10th largest alt coin and the largest meme coin, with a market cap of $12.8 billion. Analysts have forecasted a rise to $0.117558 before the end of December. Bonk (BONK) Has Achieved a $1 Billion Market Cap The meme coin sector has a new contender set to overcome Dogecoin. The name is Bonk (BONK). The Solana-based memecoin took the meme coin market by surprise as it surpassed the market cap of Floki and Pepe. CoinMarketCap data showed Bonk's market cap at $1.14 billion as it ranked 56th. This a huge feat for a Bonk who is less than a year old. Meanwhile, BONK price has increased 61.3% from a 7-day low of $0.00000951 to a 7-day high of $0.00003286. The alt coin has a 219.8% and 572.6% price pump on the 14-day and 30-day price chart. Analysts predict Bonk's value will rise to $0.00002042 in December. Meme Moguls (MGLS) To Surpass Bitcoin and Bonk in December So many analysts are optimistic about the prospects of Meme Moguls (MGLS). They consider it the ultimate opponent to beat down body Bonk and Dogecoin in December. Can Meme Moguls compete? Let's see. A new ICO, Meme Moguls, has quickly become one of the standouts in the meme coin community. It provides an interactive platform for meme lovers and gamers. Perhaps its most exciting aspect is called the wealth leaderboard. The top 20 players win a share of daily earnings through cash prizes, promoting healthy competition among them. This leaderboard features the top players who compete in various competitions and tournaments. In this way, a stimulating competitive environment between users has been created by Meme Moguls. The platform doesn't stop there. It provides free and paid trading tournaments. Participants thus compete for cash prizes and special meme collectibles, with famous examples like Pepe. The collecting of rare meme collectibles adds a sense of value to the experience. This is not just a game of competition; it also introduces Moguls World, a metaverse platform. In this virtual world, players can mine tokens, stake votes, and interact with each other. Having fun and making money. Moguls World turns the new ICO into an attractive investment opportunity. In addition, Meme Moguls includes an in-game market where users can buy, sell, or trade items. Users can buy gaming items or trade them in for real cash. Right now, MGLS tokens are selling for only $0.0023, with room to grow tremendously in the bull market. Conclusion But Meme Moguls offers greater potential than Dogecoin or Bonk for December 2023. Furthermore, among these meme coins. Meme Moguls alone has utility. This means the odds of it winning the December battle are higher. Also, the #MemeMoguls Community Mega Giveaway Event is currently on with $20,000 in MGLS tokens up for grabs. Many investors are already showing interest with trading activity up the roof. A price rally could begin any minute. So, get in to join the best crypto upward movement. Visit Meme Moguls The regulatory landscape surrounding cryptocurrencies is dynamic and varies across jurisdictions. Prior to engaging with Meme Moguls, it is your responsibility to ensure compliance with the applicable laws and regulations in your country or region. Contact Details Meme Moguls Maverick contact@mememoguls.com Company Website https://mememoguls.com/

December 20, 2023 09:51 AM Central Standard Time

Image

New Study From San Antonio Breast Cancer Symposium Proves Innovative Marker Makes It Easier for Physicians to Detect and Remove Cancer Than Ever Before

Endomag

Research presented at the San Antonio Breast Cancer Symposium (SABCS) has found that surgeons and radiologists are moving away from one of the oldest traditional methods for locating and removing breast cancer, in favour of newer and more innovative technologies. The seminal study found that since 2020, usage rates of the guidewire – the standard in breast cancer surgery for over 60 years - has fallen from 83% of physicians using the device, to just 18%. In comparison, the rise of a unique metallic seed called the Magseed® marker has seen its adoption levels soar to 49%, meaning it has replaced the guidewire as the most used method for cancer localization. Having gained FDA approval in 2015, the Magseed has helped over 250,000 patients worldwide to access minimally-invasive, wire-free breast cancer care. Gone are the days of a patient attending an early appointment to have a guidewire placed on the day of their surgery, and having to wait around the hospital until the time of operation. Now, patients have the option of the Magseed being placed into the cancerous tissue any time ahead of surgery, at a time that suits them, safe in the knowledge it won’t move and can be easily found when the surgery takes place at a later date. “This study demonstrates that the modern solutions to localization are providing such a vast improvement for patients and the physicians using them, that they have been able to be rapidly adopted across the hospital setting.” said Mr. James Harvey, Oncoplastic Breast Surgeon and author of the study presented at SABCS 2023. The study from SABCS also surveyed each of the participating surgeons and radiologists, to understand the quality of user experience for each of their chosen devices for localizing tumors. Participants were asked about a range of topics including the reliability of locating the device, accuracy of cancer removal and the logistical benefits that the technology provides to the hospital. Once again, the results showed a significant benefit in favour of the wire-free Magseed device. On average, radiologists gave the device 9/10 for overall satisfaction, while surgeons scored it 8/10. In comparison, the guidewire received 7/10 scores from both audiences. “This is the first study to demonstrate that radiologists and surgeons now find Magseed to be more effective in patient care and a significant improvement on prior technologies.” continued Mr. Harvey. It is also the first study to ascertain the advantages and disadvantages of each localization device against one another. The findings here could now have far-reaching implications for breast cancer treatment across the world. The shift towards Magseed as the preferred localization device indicates there is growing interest in new technologies that improve patient outcomes. The landscape is changing for breast surgery, and it’s helping to drive ongoing research and innovation in cancer care. -ENDS- Notes to Editors: In the study, participants were asked to rate a range of features on a scale from 1-10 (10 being the highest level of satisfaction). Please find poster attached alongside this press release. This iBRA-NET satisfaction study includes findings from 84 breast units (65% of all UK sites), and was published at the San Antonio Breast Cancer Symposium on 7th December 2023. The Sentimag platform, along with Magseed marker and Magtrace lymphatic tracer, was developed by Endomag and is distributed by Mammotome in North America. More than 450,000 women have now received a better standard of breast cancer surgery with Endomag’s technologies. The Sentimag® is in use at over 1,000 hospitals in more than 45 countries across the world. About Us At Endomag, we believe everyone deserves a better standard of cancer care. That’s why we design our magnetic technologies with both the clinician and patient in mind. Many leading hospitals across the world use our unique solutions to help breast cancer patients avoid surgery when it isn’t needed, and experience better outcomes when it is. At the heart of the company’s technologies is the Sentimag® localization system. The Sentimag® system features a probe which works like a metal detector. When it is placed near the skin’s surface, it can detect Endomag’s magnetic seed marker (Magseed®) and liquid tracer (Magtrace®), for accurate lesion localization and sentinel lymph node biopsy procedures. Endomag’s technologies have already helped 450,000+ women worldwide to access more precise, and minimally invasive breast cancer treatment. Contact Details Endomag Mary Nicholls +44 1223 652540 mnicholls@endomag.com

December 20, 2023 10:50 AM Eastern Standard Time

Image

LiveChat’s new Webflow App Now Available for Users of Both Platforms

LiveChat, Inc.

The integration of LiveChat with the Webflow platform is now accessible to customers of both companies. This collaboration results from Text, the parent company of products such as LiveChat, ChatBot, and HelpDesk, partnering with Webflow, the creator of the no-code website-building platform currently used by approximately 3.5 million users. Thanks to the collaboration between Webflow and Text, adding LiveChat as a new communication channel has become remarkably simple for Webflow users. This addition can be facilitated through both the Text Marketplace and the Webflow Marketplace. “ We’re thrilled to welcome the LiveChat App to the Webflow Marketplace, ” said Dan Brown, Senior Director of Corporate Development at Webflow. “ We know that businesses are under increased pressure to offer real-time support and engagement, and believe this seamless integration between Webflow and LiveChat will help more businesses meet their customers where they are. ” “We are proud that LiveChat is the first product in its category directly integrated with Webflow and available on the Webflow Marketplace. As a result, we create significant added value for users who, with just one click, will be able to open a new communication channel and, as a result, monetize their online business more effectively and improve customer satisfaction, " added Szymon Klimczak, Chief Growth Officer at Text. Webflow is the world’s leading visual development platform for building powerful websites without writing code. LiveChat (owned by Text, formerly LiveChat Software) is a full-service customer support platform that assists businesses in capturing leads and making purchasing easier. Today, over 37,000 companies in more than 150 countries trust the platform to communicate with and engage clients. LiveChat’s Webflow App empowers Webflow users to swiftly and efficiently incorporate a new communication channel with their clients. With this integration, websites built on Webflow can now offer interactive and immediate customer support through LiveChat, leading to increased user engagement and stronger customer relationships. LiveChat boasts around two hundred integrations that can collaborate with various vital business solutions. It also consolidates communication from multiple channels in one place and gathers information for later analysis. The combination of LiveChat and Webflow data enables advanced analysis and reporting. Users can now monitor the effectiveness of online communication in the context of user behavior on the website, allowing for a more precise adjustment of customer service strategies. Key benefits of the LiveChat app offered to Webflow users: Proactive customer support. Communicate and engage with customers using a customizable chat with real-time data, interactive greetings, message templates, chatbots, and more. Over 200 tools to integrate with LiveChat. Connect the platform with CRMs, data analytics tools, email campaign software, and more to streamline processes and provide even better CX. Be where customers are. Access customer queries from various channels in one place, saving time on switching tabs while communicating with customers the way they like. ABOUT TEXT Operating in the “customer service” business, Text is one of the leaders in the global market for live chat solutions. Its LiveChat product supports companies in customer service, online sales support, and lead generation - allowing its partners to stay in touch with their customers anywhere and anytime. Text’s other products include ChatBot, HelpDesk, KnowledgeBase, and OpenWidget. LiveChat is used by over 37 thousand companies in 150 countries, the ChatBot product has over 2,800 customers in more than 30 countries, and the Helpdesk product has over 1,000 customers. Contact Details Text SA PR Team pr@text.com Company Website https://text.com/

December 20, 2023 10:40 AM Eastern Standard Time

Red Matter Capital Launches Revolutionary Blockchain Digital Securities and AI Solution

PlatoData

London, Dec. 20, 2023 ( Plato AiStream via 500NewsWire) – Red Matter Capital, a leading innovator in the financial technology sector, proudly announces the launch of a revolutionary Blockchain-based Artificial Intelligence solution aimed at democratizing investment opportunities in the developing world. In an era marked by rapid technological advancements, Red Matter Capital recognizes the critical need to bridge the investment gap and empower individuals across emerging economies. Leveraging the capabilities of Blockchain for the issuance and trading of Digital Securities, and fortified by cutting-edge AI technologies, the company's most recent initiative strives to provide widespread access to investment opportunities that, traditionally, have eluded many due to barriers such as limited access and educational constraints. Key Features of Red Matter Capital's Blockchain-Based AI Solution: Decentralized Accessibility: The digital securities platform ensures decentralized access to Grade A investment opportunities, breaking down barriers that hindered participation in global markets. AI Personal Advisor Chat Bot with Smart Analytics: Harnessing the capabilities of Artificial Intelligence, the solution offers an AI financial advisor with intelligent insights and analytics to guide investors in making informed decisions, irrespective of their level of financial expertise. Transparent and Secure Transactions: Red Matter Capital prioritizes transparency and security. The Blockchain technology employed guarantees tamper-proof and transparent transactions, fostering trust among users. Financial Inclusion: By extending investment opportunities to underserved communities, Red Matter Capital seeks to drive financial inclusion and empower individuals to build a more secure financial future. Global Partnership Network: Red Matter Capital is actively forging partnerships with key players in the industry, creating a collaborative ecosystem to amplify the impact of this groundbreaking solution. Commenting on the Launch, Prem Couture, CEO, stated: "At Red Matter Capital, we believe in a future where everyone, regardless of their geographic location or financial background, can participate in the global economy. Our Blockchain-based AI solution is a testament to our commitment to democratizing investment opportunities and fostering financial inclusion. We are excited about the positive impact this innovation will have on individuals and communities worldwide." Red Matter Capital invites interested parties, investors, and the media to explore the possibilities of this transformative solution and join them on the journey towards a more inclusive and accessible global financial landscape. For media inquiries, please contact: Prem Couture CEO, pcouture@redmatter.capital +447883183608 About Red Matter Capital: Red Matter Capital is a leader in financial technology, driven by the mission to democratize finance and create an inclusive global economy. Through innovative solutions like Blockchain-based AI and Digital Securities, Red Matter Capital is redefining access to Grade A investment products, ensuring financial empowerment for individuals worldwide. Red Matter Capital is a regulated platform that facilitates the issuance and trading of digital securities, including publicly listed securities such as stocks, bonds, and commodities, as well as private assets. Telegram X (Twitter) Facebook Contact Details Prem Couture, CEO +44 7883 183608 pcouture@redmatter.capital

December 20, 2023 10:26 AM Eastern Standard Time

Image

Bitget Announces Listing of Comsats (CSAS) to Foster Growth Of Bitcoin Ecosystem

Bitget

Chainwire Bitget, the world's leading cryptocurrency exchange and Web3 company, announces the listing of Comsats (CSAS), a new standard token set to revolutionize the landscape of the Bitcoin ecosystem. Comsats, designed to support standard tokens on Bitcoin, marks an important stride forward in providing innovative ideas and decentralized solutions, while optimizing user experience and maintaining competitive fees in the digital asset space. Comsats (CSAS) will be listed in the Innovation Zone, Inscription Zone and BTC Ecosystem Zone. Spot Grid Trading will go live within 24 hours after the listing. Comsats has distinguished itself by its unwavering commitment to fostering the growth of the Bitcoin ecosystem through revolutionary ideas and decentralized solutions. The project has focused on perfecting the concepts of official Bitcoin token standards such as BRC-20 and ORC-20, among others. The recent introduction of the CSAS token, based on the BRC-20 standard, serves as a testament to Comsats’ dedication to elevating the Bitcoin ecosystem. Presenting a suite of user-friendly Telegram bots—Trending Bot, Inscribe Bot, Buy Bot, and the upcoming Swap Bot—Comsats has taken a proactive approach to enhancing user engagement within its ecosystem. These bots offer streamlined user interactions, simplifying participation and promoting accessibility on the platform. To further incentivize user adoption, Comsats is extending complimentary access to its services for all users until the end of December. Gracy Chen, Managing Director of Bitget, states: "Bitget always supports the development of the different blockchains and BTC ecosystems. As the fundamental cornerstone of the Crypto industry, Bitcoin is not only seen as an undisputed benchmark of crypto value, but also represents the innovative spirit of the industry. Catalyzed by the introduction of the BRC-20 and Ordinals protocols, together with the imminent halving next year, the Bitcoin ecosystem is set to be a prominent player in shaping the overall trajectory of the Web3 world. This project showcases the innovative potential and support and aligns with our commitment to offering our users access to cutting-edge projects." Bitget consistently aims to expand its market share in both spot and derivatives trading among centralized exchanges. The platform is committed to providing its users with opportunities to invest in high-value projects and is actively enhancing the diversity of digital assets in its spot market. The recent addition of over 255 new listings in the last three quarters of 2023 demonstrates Bitget's dedication to bolstering its users' trading options. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet Contact Details Rachel Cheung media@bitget.com

December 20, 2023 10:07 AM Eastern Standard Time

Image

Ramp Network Launches TON On-Ramp to Transform Telegram into Web3’s Biggest Super-App

Ramp

Ramp Network (RAMP), the financial technology company building payment rails that connect the crypto economy with the global financial system, is adding an on-ramp to The Open Network (TON) blockchain ecosystem. Through this integration, millions of users of the popular Telegram messaging application will have a simple way to explore the possibilities of Web3 via TON. With the on-ramp, Ramp is making it simple for users to purchase Toncoin ($TON) quickly and securely using traditional fiat. Toncoin is the native cryptocurrency of the TON blockchain, used for network operations and transactions, and to purchase digital assets such as NFTs and Web3 gaming accessories and items. “We’re thrilled to team up with TON and open up the doors to Web3 for hundreds of millions of Telegram users. By allowing users globally to purchase TON using their local currencies and preferred payment method, we’re working with TON on a joint mission to build a decentralized future for everyone”, said Szymon Sypniewicz, CEO at Ramp. “The launch of this new on-ramp for TON’s ecosystem will build upon the wide range of existing options, enabling additional users to purchase Toncoin and discover the unique benefits of TON ecosystems' near instantaneous, borderless transactions,” said Daniel Yang, Global Business Development Lead at TON Foundation. “Ensuring that the onboarding process is seamless and that options are widely available is crucial to our commitment to accelerating the mass adoption of Web3 technology by non-native users.” Telegram users will need to acquire Toncoin to explore Web3 from within the popular messaging app, and Ramp is perfectly placed to provide a gateway to the TON ecosystem. With Ramp, users can purchase cryptocurrencies with fiat in seconds. Developers can integrate Ramp’s on-ramp into their applications, allowing users to buy Toncoin and other tokens natively. Ramp is registered as a cryptoasset business with the UK Financial Conduct Authority (FCA) and as a Money Service Business (MSB) with the US Financial Crimes Enforcement Network (FinCEN) Ramp’s on-ramp solution will play a key role in allowing the 800+ million monthly active Telegram users to onboard onto TON. It supports popular payment methods including credit and debit cards, bank transfers, Apple Pay, Google Pay and also PIX, a popular digital payment method used by approximately 70% of the population in Brazil. TON recently announced it had raised an 8-figure investment from MEXC. It has a vision of transforming Telegram into a Web3 super app, and by fulfilling this ambition it can accelerate the growth of its ecosystem and reach millions of users globally. About Ramp Network Ramp Network (RAMP) is a financial technology company building solutions that connect the crypto economy with today’s global financial infrastructure. Through its core on- and off-ramp products, Ramp provides businesses and individuals across 150+ countries and territories with a streamlined and smooth experience when converting between cryptocurrencies and fiat currencies. Ramp is fully integrated with the world’s major payment methods, including debit and credit cards, bank transfers, Apple Pay, Google Pay, and more. About The Open Network The Open Network (TON) is a global, decentralized blockchain community focused on putting crypto in every pocket. By building the Web3 ecosystem in Telegram Messenger, TON's vision is to empower 500 million users to own their digital identity, data, and assets by 2028. Learn more at https://ton.org/. Contact Details Leora Schreiber pr@marketacross.com

December 20, 2023 10:00 AM Eastern Standard Time

Image

This Cannabis Producer Reports It Is Able to Deliver Some Of The Highest Quality Product To Market At Some Of The Most Competitive Prices

Benzinga

By Johnny Rice, Benzinga Nicholas Sosiak, CFO of Cannara Biotech (TSXV: LOVE.V) (OTCQB: LOVFF) (FRA: 8CB) was recently interviewed by Benzinga. Cannara is a vertically integrated producer of premium‐grade cannabis and cannabis‐derivative products for the Quebec and Canadian markets. The company prides itself on delivering high-quality cannabis at some of the most competitive prices in Canada. Quebec has the cheapest energy prices in the country and allows Cannara to gain a competitive pricing edge. The company launched 70 unique SKUs in 2023 alone. Watch the full interview here: Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

December 20, 2023 10:00 AM Eastern Standard Time

Video

Top Lending Protocol Expands to Sui for First Launch Outside of Solana

Solend

Chainwire Solend’s expansion is set to compound Sui’s remarkable DeFi momentum, which has seen TVL grow by over 500% since September. Solend, the top lending and borrowing protocol on Solana, today announced its impending launch on the Sui blockchain, which was created by a team of technology leaders that emerged from Facebook’s blockchain initiative. This new integration marks Solend’s first deployment on a blockchain other than Solana and underscores the team’s confidence in the strength of Sui’s technology and the Sui network’s potential as a long-term partner. As the largest lending and borrowing product on Solana, Solend boasts over $140 million in total value locked (TVL) across over 170,000 users and supports over 70 assets. Solend also currently has over 20 developer integrations, making it one of Solana’s most prominent platforms for DeFi development. Expansion to Sui will introduce Solend’s robust DeFi offerings to a new community of users and bring even more builders to the Sui ecosystem. Rooter, the pseudonymous Founder of Solend, said, "We're not maximalists by any means — I left that behind when I left Ethereum. We're building on Sui for the same reason we decided to build on Solana three years ago: because they're doing something special. For Solana it was performance, for Sui it's the developer experience. The current state of smart contracts doesn't reflect the aspirations of the industry. Move fixes this. Most of the team is 100% focused on Solana, and we've spun up a sub-team dedicated to Sui." The Solend expansion news comes on the heels of Bluefin, an ascending DEX with over $100 million in daily volume, announcing they will build their V2 exclusively on Sui and unveiling their product roadmap for well into 2024. It is critical for a growing DeFi platform to secure the assets entrusted to it, and Sui is leaving no stone unturned in safeguarding its ecosystem. Security on Sui starts with the security features embedded in the Move language itself, which add a unique protection for smart contracts on Sui Further, Sui supports its developers by working with partners and leading blockchain security firms, Zellic and Ottersec, to check projects’ individual codebases. Solend’s code will benefit from their rigorous audits that will ensure that the application meets the highest security standards and is fully compatible with the Sui blockchain. At the same time, for DeFi application builders, top-tier performance in the underlying network and easy access for new users are also paramount. From a performance perspective, DeFi projects on Sui benefit from the network’s use of parallel processing for the vast majority of transactions, which results in unprecedented low latency and enables horizontal scaling. It was this same technology stack which enabled Sui to benchmark a peak throughput of up to 297,000 TPS and time to finality of ~480 milliseconds, and in just its fourth month to achieve the greatest number of transactions processed in a single day by any blockchain network ever. Likewise, for accessibility, Sui offers DeFi protocols extremely easy onboarding for new users through its native zkLogin feature which enables end users to authenticate with the same Web 2 social logins from Google, Twitch and others that they are already familiar with. Any DeFi protocol building on Sui can incorporate zkLogin, eliminating the need for new users to manage wallets and seed phrases and removing a huge hurdle to mainstream use of DeFi protocols on Sui, while still remaining non-custodial. “Solend has achieved a level of success that is unmatched by the vast majority of projects in our industry and we are thrilled to welcome them to the Sui ecosystem,” said Greg Siourounis, Managing Director of the Sui Foundation. “Sui was created with the scalability and efficiency that DeFi projects require at its core. We look forward to Solend’s continued upward trajectory building on Sui.” The Solend team brings a wealth of experience with both the Web2 and the Web3 world, with members having previously worked at industry stalwarts Coinbase, Robinhood, Cruise, Twitch, and Two Sigma. Solend is backed by a strong group of investors, including Dragonfly, Polychain, Race Capital, and Coinbase Ventures. Contact Details Sui Foundation media@sui.io

December 20, 2023 09:47 AM Eastern Standard Time

Image

1 ... 260 261 262 263 264 ... 3489

Back