Renowned names such as Chronos, HBAR, Rei Network and Apecoin have recently heralded new partnerships. Each of their collaborations aims to solve specific problems in the market. On the other hand, Binance has decided to dissolve an important partnership.
Important news from HBAR and 11 altcoins
Orbs and Chronos partnership
Orbs has announced a strategic partnership with Chronos, an Arbitrum-based project. The partnership aims to offer traders more flexibility and innovative order types. Orbs is a Blockchain platform known for its unique services and technologies. It aims to improve the trading experience of users by collaborating with Chronos.
The collaboration also aims to provide reliability, speed and user-friendly experience using Blockchain technology. Traders will be able to manage their trades with more order options. At the same time, they will be able to play a more active role in the process of providing liquidity and have an overall better trading experience.
💥 @ChronosFi_ one of the largest #DEXs on @Arbitrum, has integrated the dLIMIT & dTWAP protocol powered by @Orbs_network
💥 #Chronos traders will now have access to both advanced order types, enabling traders to guarantee the price of their order or break up large orders into… pic.twitter.com/c8QSwHebC9
— Arbitrum Universe (@ARB_Universe) July 18, 2023
Pop Social and StarryNift partnership
Digital content creation and sharing platform Pop Social announced a strategic partnership with metaverse platform StarryNift. This partnership aims to open new opportunities to digital content creators and users.
StarryNift is a virtual reality and augmented reality based metaverse platform. With its features, it aims to offer unique experiences to users. The Pop Social collaboration will enable digital content creators and users to share the content they create on the Pop Social platform on StarryNift.
💗Honored to announce our partnership with @popapp_official, an #AI powered social gateway to #Web3.
🤝Together, we aim to establish an immersive #metaverse with endless social fun.
🌟Stay tuned for more future events. pic.twitter.com/imnqvZoD2X
— StarryNift (@StarryNift) July 17, 2023
The partnership will also make it easier for digital content creators to reach a wider audience and generate revenue. At the same time, users will be able to discover Pop Social content on StarryNift. However, they will be able to interact through the platform and have new experiences in the world of the metaverse.
Rei Network and RYI Unity Alliance partnership
Rei Network and RYI Unity Alliance announced a strong partnership in the DeFi industry. The collaboration aims to provide a better experience for DeFi users. In doing so, it aims to support innovation in the industry.
Rei Network is a Blockchain project that focuses on DeFi protocols and products. RYI Unity-Alliance is an alliance that brings together a group of projects operating in the DeFi ecosystem. The merger of these two powerful actors aims to support growth and development in the DeFi industry.
⚡️#REINetwork Weekly Report – 18 July 2023
✅REI Network and @RYI_Unity alliance to boost DeFi experiences
✅Integration with @trycarbonio to pave the way for a more accessible and private blockchain experience
✅Integration into @PowerBrowser-an advanced web3 browser designed… pic.twitter.com/IC155KUILi— REI Network｜From #GXChain! (@GXChainGlobal) July 18, 2023
The partnership will also combine Rei Network’s technological infrastructure and RYI Unity Alliance’s experience. Various solutions will be developed, such as innovative products, liquidity pools and farming tools.
Rarible and OKX Web3 collaboration
According to Rarible’s official website, Rarible is now officially linked to the OKX Web3 wallet. Users can connect to the OKX Web3 wallet plugin to create and trade NFTs on Rarible. Rarible is an Ethereum-based NFT platform. Users can earn RARI tokens by trading NFT.
Counter Fire and Alchemy Pay collaboration
Counter Fire, an Arbitrum-based anime-style battle royale MOBA game, announced the integration of Alchemy Pay with its launchpad solutions. Counter Fire provides a smooth and engaging gaming experience. The game’s integration with Alchemy Pay marks an important milestone, especially in its ambitious goals.
Meanwhile, the integration is tuned to streamline this process by offering players the flexibility to use their preferred traditional payment methods to effortlessly receive CEG and game coins in the Counter Fire ecosystem and replenish their wallets directly. Additionally, players can choose to convert these cryptos back into their preferred fiat currency to ensure smooth transactions and an enriched gaming experience.
.@_CounterFire has launched #AlchemyPay's on and off-ramp solution on its App, which allows players to use their preferred fiat payment methods to purchase $CEG and fund their wallet and sell crypto for local fiat currency.
Read more at: https://t.co/5czuF2Lusc$ACH pic.twitter.com/KJVe8nNiKs
— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) July 17, 2023
SKYPLAY receives investment from LDA Capital
SKYPLAY has received a $10 million investment from LDA Capital Limited, a global investment group, to accelerate the expansion of the gaming platform by releasing more games and gaining new users. With this funding, SKYPLAY plans to continue to leverage its community of over 300,000 monthly active users to help bring excitement to its gaming portfolio while expanding its virtual gaming space.
🔊SKYPlay Big News🔊
‼️SKYPLAY Raises $10 Million from LDA Capital to Grow Gaming Platform‼️
👉 Article links : https://t.co/i6NxQePolY
— SKYPlay 🌐 NFTs Platform (@skyplay_SKP) July 17, 2023
Cooperation between Hedera and Shinhan Bank
Hedera (HBAR) has announced an agreement to host the syablecoin tests of the famous Korean bank Shinhan Bank. The collaboration aims to explore the application of Blockchain technology and digital asset-based solutions in the financial sector.
Hedera (HBAR) is a company recognized as a ledger technology and crypto economy platform. Shinhan Bank is one of the leading banks in Korea. This partnership brings together Hedera’s (HBAR) technological infrastructure and Shinhan Bank’s financial experience. Therefore, it is an important step for the development of stablecoins and cryptocurrencies.
Last year, the F&P Fund published its strategy that highlighted #stablecoins and international remittances as one of four key focuses 🏦
Today, we reach a milestone of that strategy with ecosystem partners Shinhan Bank, SCB TechX, and Taiwan's leading financial institution 🇹🇼 https://t.co/lB1Vvu4Q1B pic.twitter.com/qXosvrp3UC
— HBAR Foundation (@HBAR_foundation) July 18, 2023
Apecoin is listed on a new South Korean exchange
Apecoin has been announced to be listed by South Korea’s leading crypto exchange Bithumb. This partnership will enable APE to reach a wider audience and increase its liquidity. After the announcement, the APE price rose 3.5% to reach $2.02.
South Korean exchange Bithumb announced the listing of the Korean won fiat currency market for Apecoin (APE), Render Token (RNDR) and Fantom (FTM). Trading will begin at 4:00 pm on Tuesday, July 18, 2023. Bithumb’s trading volume is about one-tenth that of Upbit, South Korea’s…
— Wu Blockchain (@WuBlockchain) July 18, 2023
Qitmeer Network and YachtingVerse collaboration
Qitmeer Network and YachtingVerse announced a strategic partnership to redefine and enhance yachting experiences. Specifically, the partnership aims to explore the potential that Blockchain technology can provide in the yachting industry.
Qitmeer Network is a Blockchain network based on the principles of transparency, security and sustainability. YachtingVerse is a platform operating in the yachting industry. The partnership aims to transform yachting experiences by combining Qitmeer Network’s technological infrastructure and YachtingVerse’s industry experience.
📢 Breaking News! 🌟 Qitmeer is excited to announce our partnership with @YachtingVerse! ⛵️💎 As YachtingVerse sets sail to deploy on our chain in the future, we're set to revolutionize the yachting industry with blockchain technology. 🚀 Get ready for seamless transactions,… pic.twitter.com/A4HbDPRDCa
— Qitmeer Network (@QitmeerNetwork) July 18, 2023
Ubisoft and Cronos partnership
Ubisoft has announced a strategic partnership to join the Cronos Blockchain as a validator for gaming use cases. The collaboration aims to promote the use of blockchain technology and support innovation, especially in the gaming industry.
Ubisoft is one of the world’s leading video game companies and is recognized as the developer of many popular games. Cronos Blockchain, on the other hand, is a Blockchain network that provides a platform for decentralized applications. The duo aims to adopt Blockchain-based solutions using Ubisoft’s leading position in the gaming industry.
Binance terminates partnership agreement with Argentine Football Federation
Finally, Binance announced that BNB has terminated its partnership agreement with the Argentine Football Federation. This decision is considered as part of Binance’s decision to change its strategic direction and focus on collaboration projects.
The deal was originally for a five-year partnership that generated significant hype in the crypto space. However, things started to go wrong when AFA did not fully fulfill its partnership obligations and was dissolved. According to Binance, the non-compliance of the AFA conflicted with its business values and partnership principles.
Binance has terminated its five-year partnership with the Argentine soccer association, just after a year, citing a breach of contract. The move comes at a time when Binance is cutting staff and employee benefits. In January 2022, Binance became the main sponsor of Argentina’s…
— Wu Blockchain (@WuBlockchain) July 18, 2023
Another highlight of the Binance-framed day was the 16x rally of Arkham (ARKM) price. Arkham, the 32nd altcoin project of Binance Launchpad, went on pre-sale today. cryptocoin.comAs we have reported, it recorded a double-digit rally from the first minutes.
