Latest news with #PayFi
Time of India
3 days ago
- Business
- Time of India
Shardeum launches PayFi for internet payments
Autoscaling Layer 1 blockchain Shardeum on Friday announced the launch of its payment solution PayFi to support peer-to-peer, micro and macro payments . The PayFi will target macro payments like remittances, global payroll, crowdfunding, e-commerce, and institutional settlements, Sharedeum said in a statement, adding that the autoscaling blockchain aims to become the Internet's default payments layer. Micro Payments like AI-to-AI transactions, tipping, IoT payments, pay-per-use apps, and real-time bill splitting can be done at a significantly lower fee through the platform, Shardeum said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo "While blockchains like Bitcoin laid the foundation for decentralized payments, real-world adoption has been limited by high fees and technical constraints," it added. Shardeum's autoscaling architecture allows the network to expand based on real-time demand while transaction fees stay as low as $0.01 or less than Re 1. Shardeum launched its mainnet on May 5.
Business Mayor
15-05-2025
- Business
- Business Mayor
XRP News: XRP Price Gears Up For New Highs, Is A Ripple IPO On Cards? 'XRP 2.0' Remittix Passes $15M In ICO
NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) — As the XRP price breaks past $2.50 and momentum surges across the XRP Ledger ecosystem, attention is turning towards Ripple's initial public offering. Crypto observers closely watch how market participants react to Ripple's going public amid the emergence of a new alternative: Remittix. Since making its grand entrance in the global payment sector, Remittix inflows have toppled records, surging above $15 million within weeks. This analysis breaks down the XRP news regarding the Ripple IPO and Remittix's impressive momentum. XRP news: XRP price targets $5 move amid Ripple's IPO launch Source: CoinMarketCap The XRP price has surged over 55% since its April low of $1.61, buoyed by a broader crypto market resurgence. This upswing is fueled by a temporary U.S.-China tariff deal and April's unexpectedly low inflation data, which indicated a 2.3% year-over-year increase, its slowest pace since February 2021. Amid this price performance, the XRP news of its initial public offering is bringing attention to Ripple. This market buzz started after CEO Brad Garlinghouse said a Ripple IPO is possible but not a priority. While no official date has been announced, speculations by year-end are highly entertained, given the slow momentum towards this project. Meanwhile, the block data indicates that the XRP ETF has recorded inflows for five consecutive weeks, bringing its total assets to more than $99.1 million. This highlights the rising demand for XRP products. Source: Captain Fabik on X The momentum and positive developments had analysts double down on their bullish XRP price prediction. X analyst Captain Faibik spotted a falling wedge pattern. The chart pattern indicates a period of consolidation before signalling a reversal with a probable upside move in the XRP price. If the bullish pattern is confirmed, the price target is $5. Remittix ICO breaks $15 million barrier with raw PayFi utility. Raising $15 million in an initial coin offering (ICO) is no small accomplishment. This milestone shows the growing interest in the PayFi sector and investors' trust in Remittix . The new crypto's distinctive focus on transforming international remittances has resonated with its target audience. This impressive performance shows that Remittix has the potential to be a ground-breaking project even for Ripple investors. The reason? Remittix simplifies international money transfers at a lower cost than conventional systems. It offers flexibility and accessibility with over 40 crypto options and 30 fiat currencies. Remittix's innovation has spread its popularity beyond niche investors, especially as normal people adopt digital assets without experiencing technical issues. Its ongoing presale has raked in over $15 million in inflows, which has led industry experts to dub it the XRP 2.0 to ride the next wave of growing adoption in the global remittance sector. Conclusion While the latest XRP price prediction is not far-fetched, especially with its institutional growth, Remittix's focus on user accessibility and transparent fee structures for businesses positions it as a compelling alternative. Despite the choppy market conditions, Remittix's ICO has powered through the $15 million milestone while selling millions of tokens at around $0.0757. Early adopters have earned four-digit percentage returns, and analysts believe Remittix can do much more. Discover the future of PayFi with Remittix by checking out their presale here: Website: Socials: Media details: Company: Remittix Website: Contact Person: Bowen Higgins Email Id: B_Higgins@ Address:22 Washington Square N, New York, NY 10011, USA Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. Photos accompanying this announcement are available at
Associated Press
12-05-2025
- Business
- Associated Press
Astra Fintech Announces Establishment of Korea HQ, Strengthening Commitment to Solana Ecosystem and Regional Expansion
Key Takeaways SEOUL, South Korea, May 12, 2025 (GLOBE NEWSWIRE) -- Astra Fintech, a leading Canadian Finfra firm, has officially announced the launch of its Korea Headquarters — an essential milestone in the company's strategic expansion throughout Asia. This move reinforces Astra Fintech's long-term commitment to the Korean market, which has already established a strong presence by actively engaging in local blockchain ecosystems. Notably, the company served as a key partner of Solana Korea earlier this quarter and picked up a handful of prominent projects, including Mulex Protocol, Depe, etc. A Strong Foundation in Korea Ahead of its Korea HQ launch, Astra Fintech actively demonstrated its dedication to the Korean blockchain community through high-impact engagements. As a prominent sponsor of Seoulana, a premier Solana-focused hackathon, the company reinforced its commitment to supporting the growth of the Solana ecosystem. At the event, Astra Fintech engaged with developers, investors, and blockchain enthusiasts, sharing its vision for PayFi—a next-generation financial solution built on high-performance blockchain infrastructure. The hackathon provided a strategic platform for the company to align its innovative roadmap with Solana's mission to transform decentralized finance. Accelerating Growth on Solana With the new Korea HQ, Astra Fintech is poised to deepen its involvement in the Solana ecosystem, leveraging its speed, scalability, and low transaction costs to deliver cutting-edge financial solutions. The company plans to explore DeFi, payments, and Web3 application opportunities, collaborating with local partners to drive adoption and integration. 'Korea is a critical hub for blockchain innovation, and our HQ launch reflects our commitment to this vibrant market,' said Jamie, Head of Partnership in Astra, 'By aligning with Solana's ecosystem and engaging with Korea's world-class talent, we aim to pioneer next-generation fintech solutions that bridge traditional and decentralized finance.' Strategic Vision for Korea and Beyond Establishing the Korea HQ signals Astra Fintech's ambition to expand its regional influence, with plans to invest in local talent, form strategic partnerships, and participate in Korea's dynamic blockchain regulatory landscape. The company's long-term roadmap includes: As Astra Fintech solidifies its presence in Korea, the company remains focused on driving innovation at the intersection of finance and blockchain, positioning itself as a key player in Asia's digital economy. About Astra Fintech Astra Fintech is a Canada-based blockchain finance leader revolutionizing FinFra by bridging traditional and decentralized payments. As a strategic Solana ecosystem partner backed by Multicoin LPs, we deliver secure, borderless PayFi solutions while driving innovation through investments in next-gen financial infrastructure. X: Contact: Connie [email protected] Disclaimer: This is a paid post and is provided by Astra Fintech. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. A photo accompanying this announcement is available at
Business Mayor
29-04-2025
- Business
- Business Mayor
Ethereum News: ETH Ranges $1700-$1800, New PayFi Native Token Coldware Approaches $0.00625
As Ethereum (ETH) price climbs back into the $1,800 range, many are wondering if the leading cryptocurrency is beginning a new bullish phase. Following a period of volatility and downward pressure, ETH has managed to reclaim the $1,800 price point, catching the eye of traders and investors alike. As the market begins to recover, Ethereum's price action could signal a broader shift in sentiment, and many are now speculating on the future of the network. At the same time, a new player has emerged in the market, Coldware (COLD), with the native token approaching $0.00625. This Web3 mobile provider project, focusing on decentralized, privacy-driven mobile applications, is gaining attention as it nears the launch of its PayFi native token. As investors look for high-growth opportunities in a rebounding market, Coldware (COLD) is poised to capitalize on the shifting tides. Coldware (COLD): The New Player Gaining Momentum While Ethereum's resurgence captures much of the market's attention, a new contender in the Web3 space is starting to make waves. Coldware (COLD), a Web3 mobile provider, is catching the eyes of whales and retail investors as it approaches the milestone price of $0.00625. With its PayFi native token, Coldware is offering a decentralized solution for mobile finance, aiming to disrupt the current landscape dominated by traditional centralized platforms. Coldware is designed to be a fully decentralized mobile provider, integrating blockchain technology to deliver privacy-focused solutions and facilitating low-cost mobile payments across borders. The platform also allows users to earn rewards through its staking program, further incentivizing participation and growing the network's user base. As Coldware continues to gather momentum, its presale has reached new heights, surpassing $3 million. This progress positions Coldware (COLD) to potentially rival other successful Web3 projects, especially given its emphasis on user-centric design and privacy-driven applications. For investors looking beyond Ethereum and traditional cryptocurrencies, Coldware represents a high-growth opportunity in the rapidly expanding Web3 mobile market. Ethereum's Price Action: A Potential Reversal? On April 29, Ethereum surged past the $1,800 level, showcasing a significant recovery following a brief dip to $1,748.53 on April 28. Despite some initial volatility, the price of ETH found stability and started showing signs of bullish momentum. Analysts are keeping a close watch to see if Ethereum can hold above the $1,800 mark, potentially signaling the start of a new upward trend. Recent technical analysis shows that Ethereum's price action has been quite dynamic. At 1:30 AM UTC, ETH found support at $1,758, and a Golden Cross confirmed the uptrend. This was followed by a brief resistance at $1,811 before a sharp pullback occurred, with Ethereum eventually closing near $1,798. This type of price movement, combined with key support levels, suggests that Ethereum is poised for a bullish breakout, but the market must continue showing resilience. Is Ethereum Headed Toward a Bullish Trend? Many analysts believe that Ethereum could continue to rise, especially with Ethereum's price staying above the $1,800 level. However, for Ethereum to establish a more sustained bullish trend, it needs to secure a daily close above $1,950, as Ali Martinez, a popular cryptocurrency analyst, points out. A daily close above $1,950 would trigger a buy signal from the SuperTrend indicator, confirming Ethereum's bullish bias. Market sentiment plays a significant role in price action, and as Ethereum season nears, ETH could experience even more upward momentum. With Bitcoin already showing signs of strong recovery, Ethereum's price tends to follow suit during these market cycles. The growing institutional interest, combined with the upcoming Ethereum upgrades, further positions Ethereum as a key player in the market. Coldware vs Ethereum: Which Is the Better Investment? While Ethereum has firmly established itself as the second-largest cryptocurrency by market capitalization, its growth potential may be limited compared to emerging Web3 projects like Coldware. Ethereum has already achieved significant success and is now in a phase of maturity, with limited room for explosive growth. On the other hand, Coldware (COLD) is still in its early stages, with great potential for high returns as it establishes itself in the mobile provider space. The introduction of its PayFi native token and the growing adoption of its platform give it an edge over Ethereum for those seeking a higher risk-reward ratio. Moreover, Coldware's ability to tap into the decentralized finance and mobile payments sectors gives it a distinct advantage in the rapidly evolving blockchain space. Ethereum's Role in the Broader Crypto Market Recovery Despite the potential of Coldware (COLD), Ethereum remains a crucial component of the crypto market. As the leading smart contract platform, Ethereum drives innovation and adoption of decentralized applications (dApps), decentralized finance (DeFi), and non-fungible tokens (NFTs). Its robust network, upcoming upgrades, and wide acceptance as the go-to blockchain for decentralized finance make it a solid investment for those seeking a more stable option in the volatile crypto market. Conclusion: The Shift Toward Web3 Mobile Solutions While Ethereum continues to show signs of bullish recovery, projects like Coldware are making their mark in the Web3 mobile space. As investors seek new high-growth opportunities, Coldware's presale success and innovative mobile-first solutions position it to capture significant market share in the coming years. The crypto market is evolving, and as Ethereum moves toward its next phase, Coldware stands ready to disrupt the mobile finance space. For those looking to diversify their crypto portfolios or capitalize on new technologies, Coldware (COLD) may present the next big opportunity, while Ethereum continues to be a strong and reliable player for long-term investors. For more information on the Coldware (COLD) Presale: Visit Coldware (COLD) Join and become a community member: Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Associated Press
12-03-2025
- Business
- Associated Press
Jsquare secures $50M to launch ‘Pioneer Fund,' cementing its position within Asia
Singapore, March 11, 2025 (GLOBE NEWSWIRE) -- Jsquare, a research and tech-focused investment firm specializing in blockchain and Web3 technology, announces the launch of its latest venture: the Jsquare Pioneer Fund. With $50M in capital already raised, including its first investment in the startup, MinionLabs, the fund will primarily target emerging areas, such as real-world assets (RWAs), DeFi, PayFi, and consumer apps. By focusing on these key sectors, Jsquare Pioneer Fund seeks to drive progress across the industry and support innovations in rising areas in Web3. After years of anti-crypto policies, President Trump and his administration are now shifting toward a more supportive stance, leading traditional players to become more receptive to digital assets. In particular, sectors like RWAs have seen substantial maturation, surpassing $176 billion in 2024. A strong indicator of this growth is the rising institutional interest, with major financial players like Standard Chartered and Boston Consulting Group engaging with RWAs, highlighting a shift toward mainstream adoption. Jsquare's vision for the Pioneer Fund goes beyond financial investment, offering hands-on, strategic guidance to its portfolio companies. Through regular meetings and ongoing collaboration, the fund will work closely with its partners to address challenges, unlocking opportunities across product development, tokenomics design, marketing, and growth strategy. With its established network of over 30 global media partners, and relationships across more than 20 top-tier exchange platforms, the Pioneer Fund is well-positioned to offer valuable resources to help its portfolio companies succeed. Based in Asia, Jsquare's new fund works to bridge the gap between the East and West, aiming to forge strategic partnerships across the United States, UAE, Japan, Korea, and the ASEAN bloc. The fund is led by Joanna Liang, founding partner of Jsquare, who brings extensive experience in Venture Captial from her role as CIO at DFG, a global Venture Capital firm specializing in Web3. James Wo, the CEO and Founder of DFG, will join Pioneer Fund as a venture partner. 'The launch of Jsquare's Pioneer Fund is a milestone for our journey of fostering growth across the entire blockchain ecosystem,' says Joanna Liang, Founding Partner of Jsquare. 'We are excited to work with projects in high-potential sectors like RWAs and consumer apps, as we see these areas as significant opportunities for growth. Our commitment is more than providing the capital to these projects, as we strive to offer guidance and use our global network and connections to help projects become industry leaders.' About Jsquare: Jsquare is a research and tech-driven investment firm focused on facilitating blockchain mass adoption, and empowering future Alpha in Web3. Jsquare's team has deep expertise in the industry and close partnerships with top tier exchanges, launchpads, VCs, guilds, KOLs, etc. The company is focused on offering post-investment services and leveraging its resources to empower its investment portfolio. Jsquare is currently self-funded with AUM of over $150M. The company manages a portfolio of 60 companies in 20+ countries, and includes CeFi (CoinList, 3iQ, FV Bank), GameFi/NFT (Pudgy Penguins, Big Time, Apeiron), Infra/Tooling (Shardeum, Oasys, Pocket, Render), among others.
