Press Releases
Binance Confirms Support for Lumia Token Swap Ahead of New Chain Launch
Published
1 month agoon
By
adminSeptember 30, 2024 – Cayman Islands, Cayman Islands
Binance has confirmed it will support Lumia’s imminent TSE (token swap event) and it has now been scheduled.
Binance’s decision to support the swap will enable ORN holders to access the new Lumia token (LUMIA) that will be credited to their Binance accounts automatically following the upgrade.
Binance will also halt withdrawals and deposits ahead of the upgrade to ensure the process is completed seamlessly. ORN to LUMIA tokens will be swapped on a one-to-one basis.
Token swap approaches as Lumia prepares to launch
The Lumia TSE is one of the final key deliverables to be ticked off before the new chain can proceed with its launch.
Binance’s decision to support the event will significantly aid coordination, providing a centralized platform that’s well equipped for overseeing the process.
While there is no obligation for ORN holders to utilize Binance in order to have their balances swapped for LUMIA, it will form the preferred route for many on account of its convenience.
On October 15, 2024, at 08:30 p.m. PST, Binance will suspend ORN deposits and withdrawals before conducting the TSE.
It will then enable LUMIA deposits on October 18, 2024, at 1:00 a.m. PST.
While ORN holders don’t need to concern themselves with the details – since Binance will automate everything – it’s worth noting that the LUMIA token will have a new supply of 239 million.
The new LUMIA token will be used to support network governance, while a deflationary mechanism built in should ensure that long-term incentives between HyperNode operators and network users are aligned.
Aside from being used as the chain’s native gas token, LUMIA will also be required to access premium features – and there is also talk of holders being airdropped tokens by other projects launching on Lumia.
RWAs and DeFi on a dedicated layer
Following completion of the token swap, LUMIA holders will be eagerly looking forward to the mainnet launch of Lumia Chain – and they shouldn’t have long to wait.
The impending mainnet deployment follows on from a successful HyperNode sale that attracted strong community interest.
Node operators who validate transactions on Lumia will be able to earn network rewards, which will form one of the multiple use cases engineered for the LUMIA token.
Having already won over a string of ecosystem partners, who have committed to supporting the current testnet and subsequent mainnet, Lumia has all the tools in place to fulfill its pledge of creating a scalable chain where tokenized RWAs and DeFi can coexist.
Given that on-chain RWAs (real-world assets) are predicted to become a trillion-dollar industry in the next decade, it’s easy to see the bull case for Lumia and its eponymous token if it can capture even a slice of this action.
The combination of deep liquidity and optimum capital efficiency – plus the availability of compliant frameworks to support security token trading – means Lumia has all the ingredients in place to become a hub of RWA activity.
Before all that can occur, however, there’s a token swap to complete, and then the new chain to launch.
About Lumia
Lumia is the world’s first next-gen modular layer two designed with deep liquidity, unmatched capital efficiency and essential infrastructure for the future of DeFi, and specifically RWAs.
Lumia bridges the gap between physical assets and digital finance, making tokenized assets easily accessible on the blockchain – pioneering the next evolution of finance.
Learn more at the website.
Contact
This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.
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Press Releases
Valhalla Partners With Hong Kong International Cricket Sixes for a Thrilling Comeback
Published
2 weeks agoon
October 25, 2024By
adminOctober 25, 2024 – Miami, Florida
Valhalla, Floki’s P2E (play-to-earn) MMORPG (massively multiplayer online role-playing game) blockchain game, has teamed up with the Hong Kong International Cricket Sixes as its official partner, marking the much-anticipated return of the tournament after a seven-year break.
From November 1 to November 3, 2024, top international teams will face off in this fast-paced cricket format at the Tin Kwong Road Recreation Ground.
The Cricket Sixes has been a celebrated event since its debut in 1992, with legendary players like Sachin Tendulkar, MS Dhoni, Shane Warne and Sanath Jayasuriya gracing the field over the years.
Valhalla’s partnership with the Sixes reflects the synergy between competitive sports and the blockchain gaming world.
Mr. Brown Whale, Valhalla’s lead, said,
“We are thrilled to be part of the Hong Kong International Cricket Sixes. The excitement and energy of this iconic event resonate with our own commitment to innovation and community in gaming.
“This collaboration allows us to engage with cricket fans and show how P2E gaming can elevate both entertainment and the spirit of competition.”
The matches will be broadcast across multiple regions by Star Sports Network, and in India, viewers can catch the action on Fancode, one of the country’s largest sports OTT platforms.
On the ground, key branding assets will include ground perimeter boards, mid wicket logo mats and the presentation backdrop, ensuring strong visibility for both Valhalla and the Sixes event.
This year’s tournament will feature 12 teams divided into four groups. In Group C, India – led by stars like Robin Uthappa and Kedar Jadhav – will face off against Pakistan and the UAE.
Group A includes South Africa, New Zealand and host nation Hong Kong. Group B brings together Australia, England and Nepal, while Sri Lanka, Bangladesh and Oman make up Group D.
The top two teams from each group will progress to the quarterfinals, with 29 matches set to take place over three action-packed days.
About Hong Kong Sixes
The Hong Kong Cricket Sixes is a six-a-side international cricket tournament held at the Kwong Road recreational ground from November 1 to November 3.
The 2024 edition will be conducted after a seven-year gap, and 12 of the best cricketing nations will battle it out for top honors.
Uses can learn more at the website.
About Valhalla
Valhalla is a blockchain-based MMORPG inspired by Norse mythology, offering players the chance to discover, tame and battle with creatures called Veras.
The game features a player-driven economy and a hexagonal battlefield designed for dynamic combat.
Users can learn more here.
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Pedro Vidal, community relations officer for FLOKI
This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.
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Press Releases
Introducing LEDGER FLEX: Announced Live at B24
Published
3 months agoon
July 26, 2024By
adminPARIS & NASHVILLE, Tennessee | Ledger, the world leader in Digital Asset security for consumers and enterprises, today launched for sale Ledger Flex, its second new product launch in 2024. Released during Ledger’s tenth anniversary, Ledger Flex and the previously released Ledger Stax mark the inception of a new generation of Ledger hardware, featuring secure E Ink® touchscreen displays powered by Ledger’s Secure OS. Ledger Flex is available to purchase today on Ledger.com and through our retail partners around the world for $249, shipping immediately.
Ledger Flex marks the new standard for Ledger devices, featuring NFC and a secure E Ink® touchscreen, at an attractive price point. Ledger Flex is an homage to the iconic black and steel motif featured on Ledger devices for a decade, a reminder of Ledger’s heritage of uncompromising security. Its high-resolution, 2.8” display provides clarity when signing transactions or approving logins. E Ink® offers unmatched energy efficiency, so the battery can last for weeks or even months on one charge.
“After a decade of setting the standard for security and self-custody in crypto and digital assets, I’m proud to say we’re raising the bar again,” says Pascal Gauthier, Chairman & CEO of Ledger. “By launching both Ledger Flex and Ledger Stax this year, we’re redefining the experience of self-custody. Ledger devices already secure more than 20% of the world’s digital assets, and our new secure touchscreen category will make self-custody more accessible than ever before for more consumers and enterprises.”
Secure signing devices are key to a future where Proof of You becomes essential — as more of our value becomes digitized, society will need trusted methods to prove identity. The rapid advancement of AI pushes provenance to the forefront of technology’s biggest challenges, and trusting what you see becomes increasingly difficult. Ledger devices are the only products in the world with secure touchscreens, making them essential for protecting both your digital value and your identity. Ledger devices bring security to your inherently insecure devices.
After a decade of building uncompromising secure devices and a robust open-source developer ecosystem, Ledger is ready to secure a world that’s embracing AI. Where AI creates abundance, the blockchain is a natural partner by creating scarcity and authenticity. Ledger secures the blockchain, and will build applications to serve the need for Proof of You.
This begins with a new app for Ledger Stax and Ledger Flex: Ledger Security Key, providing Two-Factor Authentication (2FA) and Passkey capabilities. Passkeys provide a secure and convenient alternative to traditional passwords, and can eliminate phishing from your security risk factors. With Ledger Security Key, you can use your Ledger wallet to login without having to pull up your password or use a less secure 2FA such as a browser extension or SMS. This feature is built on the open FIDO 2 specification, ensuring decentralized access across platforms, and is already compatible with Google, Amazon, Binance, Coinbase, and much more. Simply tap your Ledger Flex or Ledger Stax to your phone to login to supported services, or connect via USB to your laptop or PC.
“Without a secure screen, you are not secure. Period. The easy-to-use secure touchscreens of Ledger Stax and Ledger Flex are the only truly secure touchscreens in the world, battle tested by the Donjon and third parties,” says Ian Rogers, Chief Experience Officer at Ledger. “With growing digital ownership and AI fakes, digital asset security, proof-of-humanity, and proof-of identity is more crucial than ever. Ledger Stax and Ledger Flex are the secure touchscreens to go with the insecure touchscreen in your pocket.”
Ledger Flex is partnered by Ledger Live, the leading omni-chain companion app, which enables users to connect seamlessly with their Ledger device. Ledger Live is the most secure way to buy, sell, swap and earn yield on your crypto, integrated with global providers such as Moonpay, Coinbase, PayPal, and Lido. To date, Ledger supports over 10,000 coins & tokens on more than 70 blockchains in Ledger Live, and approximately 200 dApps have been integrated into the Ledger ecosystem. Developers who want to build on the Ledger ecosystem can check out our updated Developer Portal here.
Embracing a future built on digital value requires secure recovery options, ensuring your digital value or identity is never lost. In 2023 Ledger launched Ledger Recover, provided by Coincover, a service that enables users to encrypt, shard, and backup their secret recovery phrase, which supports Ledger Flex from launch, in addition to the already available Ledger Stax. With Ledger Recover you never have to worry about recovering access to your wallet, even if your physical Secret Recovery Phrase backup is lost or destroyed. With Ledger Live, ™Ledger Security Key, and Ledger Recover, the entire digital ownership experience is present and possible only on the Ledger ecosystem.
Ledger Flex is available today on Ledger.com and in Best Buy all across the US for $249. A special Ledger Flex BTC Edition is also available. Accessories to protect your Ledger Stax and Ledger Flex are shipping now.
With the introduction of Ledger Flex, there is now a Ledger device available at a price point for everyone:
LEDGER NANO S PLUS™: Ledger’s uncompromising security for your Bitcoin and crypto, available for just $79.
LEDGER NANO X™: More connectivity, featuring Bluetooth for on the go transactions at $149.
LEDGER FLEX™: Ledger’s next-generation touch interface and form factor at $249.
LEDGER STAX™: Premium next-gen design featuring the world’s first curved E Ink® display, with Qi charging and stacking magnets. Designed by Tony Fadell. Secured by Ledger, at $399, with a magnet shell in every box.
LEDGER FLEX SPECS:
Dimensions: 78.40 mm × 56.50 mm × 7.70 mm
Security: Ledger EAL 6+ certified secure element (ST33K1M5)
Screen type: E Ink® (up to 16 grays), customizable always-on lock screen, capacitive touch
Screen resolution: 2.8”, 600 x 480 pixels
Weight: 57.5g
Connectivity: USB C, Bluetooth® 5.2, NFC
ABOUT LEDGER
Founded in Paris in 2014, LEDGER is a global platform for digital assets and Web3. Ledger is already the world leader in Critical Digital Asset security and utility. With more than 6M devices sold to consumers in 200 countries and 10+ languages, 100+ financial institutions and brands as customers, 20% of the world’s crypto assets are secured, plus services supporting trading, buying, spending, earning, and NFTs. LEDGER’s products include: Ledger Stax, Nano S Plus, Nano X hardware wallets, LEDGER Live companion app, and Ledger Enterprise. With its ease of use, LEDGER allows a user to begin investing in digital assets and ultimately, achieve financial freedom in a safe and stress-free environment.
LEDGER™, LEDGER LIVE™, LEDGER RECOVER™, LEDGER STAX™, LEDGER FLEX™ and LEDGER FREE FROM COMPROMISE™ are trademarks owned by Ledger SAS
Bluetooth® word mark and logos are registered trademarks owned by Bluetooth SIG, Inc. and any use of such marks by Ledger is under license.
E Ink® is a registered trademark of E Ink Corporation.
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Press Releases
MicroStrategy and Bitcoin Magazine Launch “Bitcoin for Corporations” at The Bitcoin Conference
Published
3 months agoon
July 25, 2024By
adminFOR IMMEDIATE RELEASE
MicroStrategy and Bitcoin Magazine Launch “Bitcoin for Corporations” at The Bitcoin Conference
Nashville, Tennessee – July 25, 2024 – In a significant move to further drive corporate Bitcoin adoption, Bitcoin Magazine and MicroStrategy have announced the launch of Bitcoin for Corporations. This strategic partnership aims to provide comprehensive resources and educational content to corporate leaders, underscoring a joint commitment to fostering Bitcoin adoption and education on a global scale. The announcement was made live by Michael Saylor, Co-founder and Executive Chairman of MicroStrategy, on the live desk during the 2024 Bitcoin Conference.
Bitcoin for Corporations leverages the combined strengths of Bitcoin Magazine and MicroStrategy to create a comprehensive resource and networking hub for companies in all walks of their Bitcoin journeys. MicroStrategy has already paved the way for enterprise adoption by integrating a Bitcoin for Corporations track into their broader MicroStrategy World conference series.
This collaboration will expand on that initiative with a co-branded web platform offering curated content, newsletters, and success stories from industry leaders who have implemented corporate Bitcoin strategies. The platform will also provide practical tools and educational materials tailored to C-Level executives, along with a structured outreach program and VIP access to annual in-person conferences.
“We are thrilled to partner with MicroStrategy to launch Bitcoin for Corporations,” said Mike Germano, President of Bitcoin Magazine. “This collaboration seamlessly aligns with our mission to educate and empower Bitcoiners. In expanding this mission to corporations, we couldn’t ask for better partners to join forces with than MicroStrategy.”
Michael Saylor, Co-founder and Executive Chairman of MicroStrategy, added, “The ‘Bitcoin for Corporations’ initiative is a significant step towards accelerating corporate Bitcoin adoption. By combining our expertise, resources and reach, along with Bitcoin Magazine we aim to create a robust platform that educates and supports corporations in implementing Bitcoin strategies.”
Bitcoin for Corporations offers various membership tiers, including Executive Partner, Premier Member, and Industry Member, each with unique benefits such as exclusive strategic content, master class inclusion, and VIP event access. This comprehensive structure aims to cater to different levels of interest and engagement, ensuring a wide reach and impact.
For more information on Bitcoin for Corporations, please visit b.tc/corporations.
About Bitcoin Magazine
Bitcoin Magazine, the world’s first publication covering Bitcoin, serves its international readership with innovative ideas, breaking news, and global impact at the intersection of finance, technology, and Bitcoin. Operating from Nashville, Tennessee, Bitcoin Magazine is published by BTC Media. For the latest in Bitcoin news, visit BitcoinMagazine.com.
About MicroStrategy
MicroStrategy (Nasdaq: MSTR) considers itself the world’s first Bitcoin development company. We are a publicly-traded operating company committed to the continued development of the Bitcoin network through our activities in the financial markets, advocacy and technology innovation. As an operating business, we are able to use cashflows as well as proceeds from equity and debt financings to accumulate bitcoin, which serves as our primary treasury reserve asset. We also develop and provide industry-leading AI-powered enterprise analytics software that promotes our vision of Intelligence Everywhere™, and are using our software development capabilities to develop bitcoin applications. We believe that the combination of our operating structure, bitcoin strategy and focus on technology innovation provides a unique opportunity for value creation. For more information about MicroStrategy, visit www.microstrategy.com.
MicroStrategy is a registered trademark of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
—
For further information or to schedule an interview, please contact George Mekhail at George@b.tc.
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