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Ishan Garg Posted On December 23, 2019

The third-gen blockchain platform Aurora (AOA) is working with Korean crypto fund “Alliance X”, cementing a close partnership in the greater northeast Asian region. At the same time, Aurora token was successfully listed on Bithumb crypto exchange. The crypto fund is actively supporting the Aurora project on multiple fronts, which includes attracting investment and conducting Korean marketing consulting and execution.

As a light-speed decentralized blockchain platform, Aurora supports numerous Dapps and seeks to connect various industries such as gaming, big data, artificial intelligence and the Internet of Things via its multi-chain parallel system. A multi-chain network structure has the best isolation, performance, and scalability. Due to the parallel nature of the chain, the newly added chain will not upgrade the chain in the original network. It only needs the new chain to follow the original network protocol standard.

To live up the vision that the Aurora community have for the blockchain project, Aurora developed a series of tools and functions: Aurora Dev, a bundle of tools for developer to develop decentralized apps native to its unique industry; AuroraDist, a smart distribution engine for both game developers and gamers, which combines big data, blockchain, and deep learning, creating a targeted marketing and distribution platform; AuroraDex, a crypto exchange that bridges conventional economy and crypto economy; AuroraDID, a ID system on blockchain, used in crypto economy between Dapps and blockchains; AuroraPay, a payment system that supports multiple digital assets including Aurora-based assets.

Prior to partnering with Alliance X, Aurora is a major project in the Achain galaxy and has launched partnerships with other renowned industry innovators, such as Achain, Kcash, Huobi, DAPPX, BiYong, PundiX, 8btc and many other. The blockchain has capital backings from A Capital, HyperHash Capital, H2Capital, Quest Capital, etc. It has active communities across the globe, including but not limited to China, South Korea, Indonesia, United States, Germany, Malaysia.

More importantly, Aurora has launched several deals across various industries. In 2018 and 2019, Aurora signed a contract with Capstone, a US-based gaming company; a contract with Egretia, an HTML5 based gaming lab; a partnership deal with Green Agriculture Technology, a high tech firm with an agricultural background.

Aurora will continue its effort to connect different industries with blockchain, empowering different verticals with cutting-edge distributed computing and decentralized ledger tech and eventually creating a boundless blockchain world.

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Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Author

Ishan Garg Ishan is a cryptocurrency trader and a journalist. He joined the cryptocurrency space in 2017. He is the founder of Blockmanity. He is a HODLER and is holding BTC, ETH & UGT.

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Posted: December 23, 2019

Indian economy has been surfing troubled waters for quite some time. Several proposals have been made by economists and taxpayers across the country to resolve the situation. The Indian government, although it has embraced the idea of “digital India”, isn’t really convinced about the entire concept of cryptocurrency, while being cautious about blockchain.

The government of India had announced back in July that it would impose fine and jail time for cryptocurrency users. As a result, Facebook had backed out the launch of its Calibra crypto wallet in India.

Reserve Bank of India had also notified banks not to provide services to cryptocurrency companies. Koinex, a local exchange, reportedly shut down due to the uncertain regulatory climate.

The stunted growth of the Indian economy is now being discussed on an international level and many seem to suggest blockchain as one of the solutions.

In a recent YouTube video uploaded by Crypto Kanoon, Yanislav Malahov, founder of Aeternity blockchain stated that “Blockchain and India fit well together”.

In Yanislav’s words,

“Blockchain technology is the driving factor for globalization. Since democracy is deeply grounded in India, blockchain can be a solution for India’s slowed down economic growth.”

He believes that cryptography might make for a sound foundation of Indian financial laws and is of the opinion that with the implementation of blockchain, the level of corruption can be brought down in the country. The proof-of-work mechanism, he says, makes it just next to impossible to hack and manipulate a system.

However, the scene is not the same anymore as India is slowly opening its doors to Blockchain technology. Recently, Indian parliament member Dr. Subramanian Swamy stated that ”cryptocurrency is inevitable”.

India’s Defense Minister Rajnath Singh also recently told the Indian media that blockchain technology might be the next step in contemporary warfare. Reliance Jio’s Mukesh Ambani is also reportedly setting up one of the world’s largest Blockchain networks across India.

StrainSecure Seed-to-Sale Blockchain Cannabis Tracker Is a Gamechanger

Aeternity is a Blockchain protocol started in 2016, Aeternity Ventures is the investment arm of the project started in 2017. Nikola Stojanow is the Co-Founder of the Aeternity project and is the CEO of Aeternity Ventures.

We at Blockmanity had a chance to interview Nikola on a call recently. We hope you enjoy the interview.

Blockmanity: Hey Nikola, I would love to know more about your background and the story of how you got into this space.

Nikola: To start my journey from the beginning, I was born in Bulgaria and raised in Germany. While I traveled a lot for most parts of my life, I decided to move my base back to Bulgaria for the last couple of years. Before starting AE Ventures in 2017, I worked in the corporate world for a while, specifically in the pharmaceutical sector in Europe, MENA and Asia and Pacific regions. I last held the position of Director, Business Development until I felt a need for change. I entered the realm of blockchain technology with a travel company that was built based on decentralized open source bookings technology where I was involved with fundraising campaigns. The entrepreneurial bug bit me and I moved back to Berlin where I met my old friend Yanislav Malahov, who is now my co-founder at æternity. He was looking for a business guy and invited me to join the æternity team. From there we toiled and managed to build one of the few blockchain unicorns in Bulgaria. 

It was during our journey at æternity that we realized the significance of quality startups and projects adopting our infrastructure and so I created AE Ventures, the company that would do exactly that: incubate, accelerate and invest into startups around the world. 

At that point, Sofia had an incredibly vibrant startup ecosystem that welcomed me and showed how much potential we locally have and how people have the desire to innovate and work towards a positive change and so we decided to set up AE Venture in Bulgaria. That I would say was one of my best decisions as things developed really quickly and strongly, our Starfleet accelerator started growing and is now on several continents. We are building an amazing international team, which is creating a global ecosystem, where people actively collaborate with us around the world, allowing us to be at multiple places, at the same time!

The immense potential and seeing how much need there is for funding and proper mentoring has been my fuel to nurture my desire to do more and help more people to get the chances that we got, when we started off with the Starfleet Program.

Blockmanity: æternity was founded in 2016 and the mainnet launched in late 2018, How has the journey been so far? And how would you describe æternity to those who haven’t heard about it?

Nikola: Yes, we launched the mainnet in November 2018 and since then the race to bring blockchain technology to the mainstream has begun. æternity has been constantly improving and developing, numerous implementations have been made and we are happy to see that the ecosystem is growing. æternity blockchain is a public blockchain protocol that is highly-scalable and is interoperable with several other blockchains. Developers can build dApps or æpps, as we’d like to call it, with several features that include accessing oracles and state channels to use real-world data in a trustless environment. In its essence, æternity aims to solve problems of scalability, and security making it more economical and user-friendly when it comes to accessing the smart contracts on the network.  

Blockmanity: So how is æternity similar and different to other Blockchains like Ethereum, Tezos, etc?

Nikola: æternity is one of the few blockchain protocols that have solved the fundamental problems that lie in archetype protocols like Bitcoin and Ethereum -it is decentralized, public, global, censorship-free, tamper-proof transaction technology.

It’s a scalable smart contract platform that can handle more transactions and smart contract calls and has far more advanced features capable of handling an enormous amount of people all over the world.

One of the main differences between æternity and earlier blockchains lies under the hood: æternity is written in Erlang, which is a proven functional language for distributed systems.

Blockmanity: Ok now let us get into AE Ventures, what is the vision for the fund and tell us more about the Starfleet accelerator program. 

Nikola: AE Ventures is built on the vision to enable the creation of decentralized businesses that would be a great improvement on the prevailing systems. With this conviction, we work towards funding blockchain startups from around the world alongside providing them with the advisory and training to built market-ready products that can solve real-world problems. 

This is something we have brought to life through direct investments and with the Global Accelerator Programme for Blockchain startups – Starfleet. With three editions completed over the last two years, we’ve invested over $1.9 million in 18 startups. We are drawn to people who not only build exceptional products that go past the proof-of-concept stage that can be taken to the market, but to those who are solving problems that contribute to the greater good of society.

Blockmanity: At what stage of the startup do you mainly invest in? And do they have to build exclusively on the æternity blockchain to get funded? 

Nikola: We usually like to enter at a seed/pre-seed level and predominantly through the Starfleet accelerator program. We are very industry-agnostic – the only common thread we look at is the use of Blockchain tech and its implementability.  

The participating startups need to build the product entirely or as a part of æternity blockchain as it is one of the most scalable and interoperable blockchains out there. And this way, we can provide the startups with the right kind of help and hand-holding required to build their products. 

Blockmanity: What are the best use-cases for Blockchain that you have seen so far and what use-cases are you excited about for the future?

Nikola: I truly believe that Blockchain has the power to impact every sector. Every Starfleet program reveals interesting use-cases solving real-time problems. It is not surprising that DeFi is developing very rapidly. I expect a huge boom and adoption in this sector. It also makes a lot of sense since blockchain technology serves the financial sector with almost instant transactions at almost no cost. 

In the future, essentially everything might be tokenized. There is a whole other world of opportunities with tokens.

Identity management is another critical segment with a focus on individuals owning their own data and deciding who to share with and for what. With the recent concerns of privacy, we have seen some very interesting use-cases in this aspect as well.

Another sector that I am very keen to explore is bringing in more transparency in political campaigns, voting etc. We have seen political parties collaborate with the open-source blockchain and developer platform in order to optimize the participation processes of citizens in internal voting. This is the need of the hour in every democratic nation and more and more players from the ecosystem should focus on it.

Other interesting applications of blockchain use-cases include banking with fiat on and off-ramps, decentralized exchanges and of course gaming!!

Blockmanity: Could you share some names and numbers from your portfolio of startups you have already invested in?

Nikola: We are proud to say that so far we have invested directly or through our acceleration program more than $2mln in 19 startups. To name a few: WeiDex (Bulgaria) – decentralized exchange for cryptocurrencies, which just recently released their cross-chain atomic swap widget called Jelly. AmpNet (Croatia)- a whitelabel, all-in-one platform for running energy cooperatives and energy communities. Abend (Germany) – the cashless, on-site payments platform aiming to be an “own little economy” for each festival and club around the globe. Cryptic Legends (Serbia/Malta) — blockchain-based, team management game in an awesome ancient fantasy world. SmartCredit (Switzerland) – a platform for crypto-loans creating 2-click consumer credits (money on demand) for the borrower and tools like credit tokenization, credit transferability and interest-bearing to the holder. 

Blockmanity: Recently you teamed up with IBC Media to build a presence and get Indian startups to apply for the program, what is the thought process behind this and what other markets are you targeting? 

Nikola: India has a booming blockchain ecosystem and armed with its strong developer pool and the burgeoning startup ecosystem with over 27,000+ start-ups, there is tremendous scope for a decentralized future. Raghu and his team from IBC Media have shown great potential in tapping the Indian market and identifying blockchain startups with interesting use cases. We had over 175 blockchain-based early-stage startups up registering for the Starfleet India in its first edition, of which we have shortlisted 13 very interesting startups for the Genesis Week. We are hoping to see strong Indian problems being identified and looking forward to solving them with blockchain technology. We are happy to partner with IBC Media to launch the first edition of the Global Starfleet program here in India and look forward to successfully finding these Indian startups gems with a proven capability to build technology products that can scale, and a strong underlying blockchain use case. 

Blockmanity: What is in store for the æternity ecosystem in 2020, what are you most excited about? 

Nikola: I am extremely happy to watch how the æternity ecosystem is growing. All the startups we invested in brought value and some diversity. It is also great to observe how the projects are building partnerships between each other and creating synergy. In 2020, we organized the First Indian edition of our Starfleet accelerator. We are confident that we are on the right place as we are confident that people Developing countries such as India, Kenya, and others in East Africa are discovering and implementing an increasing array of applications for blockchain, the decentralized ledger technology that promises a secure, low fee, peer-to-peer mechanism for verifying and validating information. 

We are also very excited about the development of the blockchain startup which we accelerated as now it is their time to prove their concept.

Blockmanity: If a startup founder is reading this, where can he/she apply for your program?

Nikola: Well, we’ve closed applications for Starfleet India this year and we’re well on our way with the Genesis Week. However, if you’re a startup that has a great product that is built on blockchain, you’re more than welcome to contact us on our website. However, do keep in mind that when you’re pitching your idea you have to be as clear as possible and give us a suggestion of how we can work together to improve your product and perhaps, fund it if it makes it through the selection process. And more importantly, take a good look at the æternity blockchain and do your due diligence. See where it can help your product become a better version of itself; don’t try to force-fit it. 

Blockmanity: Last but not the least, which is your favorite company in Crypto other than your own?

Nikola: Interesting question, but not simple to answer. There are numerous companies that I have been following for some time now, but with the market and interests changing rather quickly, new interesting projects are coming to light more often.

For me, the most interesting Dapps have not been developed yet, as the idea is to have them function in a way, where the user does not need a Ph.D. in Computer Technologies or Cyber Security, in order to use a product. 

Simplicity should be key, without jeopardizing the integrity or security of users and product. If I would have to choose, I would go with either wallets, payment gateways, or products that engage the user to do something, in order to receive tokens (positive incentivization to do good seems to be quite a powerful medium, in order to have a large number of people to positively impact their surrounding).

But as mentioned above, I admire all projects that have a sincere agenda and want to improve or innovate in a space, which has not seen innovation in a long time, as simply building products and having projects succeed is what excited me most in the entire space, rather than a single favorite company.

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Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

February 6, 2024 – Sofia, Bulgaria

The Aeternity Foundation is making a strategic move to accelerate the growth of the Aeternity blockchain ecosystem. Under the leadership of Nikola Stojanow, co-founder of Aeternity, the foundation is gearing up to integrate advanced strategies encompassing technology and marketing, aiming to synergize technological innovation with ecosystem development.

In this ambitious endeavor, the foundation is collaborating with AEVentures and Rezolute.

AEVentures, known for its blockchain incubation capabilities, and Rezolute, a prominent Web 3.0 marketing firm, are set to amplify the visibility and reach of Aeternity’s projects and innovations.

This strategic reorientation signifies a shift from a purely tech-centric approach to a more holistic ecosystem development model.

The new vision for the foundation focuses on adaptability and leveraging collective strengths to unlock the full potential of Aeternity.

The partnership aims to utilize the distinct capabilities of each entity to foster growth across the Aeternity ecosystem.

This coordinated effort promises enhanced transparency, community engagement and talent attraction.

The foundation’s adjustment underscores its commitment to long-term success, promising to actively integrate community feedback into its strategic initiatives.

The foundation is proud to show that over 20 grants have been given out since the recent change of direction, which can all be found at the Aeternity forum.

As the Aeternity ecosystem enters a new era, the rejuvenated foundation, with its strong leadership and strategic partnerships, is set to make significant strides in the blockchain industry, propelling Aeternity towards a future marked by innovation and collaboration.

About Aeternity Foundation The Aeternity Foundation advances the Aeternity blockchain ecosystem, championing open-source development, technological innovation and global community engagement.

Providing funding, resources and support empowers creators and builders to explore blockchain’s potential for DApps (decentralized applications), aiming to create a more secure, transparent and equitable digital future.

Contact Nikola Stojanow, managing director of Aeternity Foundation

 

Crypto exchange giant Binance today announced the launch of its staking platform. Binance will issue monthly rewards and distributions to those holding certain tokens on its platform.

Customers will receive rewards for staking tokens for the following projects: NEO, Ontology (ONT), VeChain (VTHO), Stellar (XLM), Komodo (KMD), Algorand (ALGO), Qtum (QTUM), and Stratis (STRAT). 

Staking rewards are essentially just rewards for HODLing your crypto in a Binance wallet. Crypto rewards will take the form of, er, more crypto—a little like interest in a bank account. This gives Binancians an incentive to hold their funds in Binance.

For staking, there will be no minimum staking amounts or time lengths, and users won’t have to set up any nodes. Come October 1, Binance will take a snapshot of the network every hour to calculate a snapshot of each day. 

There are, however, “holding” amounts. To start receiving staking rewards on Algorand, for instance, you’d need to hold 2 ALGO. Luckily, the price of the ALGO has tanked, so that’s only around $0.34. 

Tezos is notably absent from the launch. Binance’s CEO Changpeng Zhao hinted that users could earn rewards for staking Tezos earlier this week. A user asked CZ if Binance would offer staking rewards for Tezos, and the cryptic crypto CEO replied with a single laughing emoji.

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Enterprise blockchain technology platform Stratis has announced the launch of its new Security Token Offering (STO) platform.

The product will allow businesses to raise capital by issuing legally permissible, asset-backed securities on its native blockchain.

Stratis has been engaging with the US Securities and Exchange Commission (SEC) to ensure it is compliant with SEC regulations, and the platform has been fine-tuned through “regular dialogue” with the firm’s clients.

The STO platform conforms with both Know-Your-Customer (KYC) and Anti-Money Laundering (AML) laws and has been subject to rigorous testing to make sure it follows the legal requirements for hosting a Security Token Offering.

New beginnings Stratis’ new platform is an adaptation of its existing Initial Coin Offering (ICO) platform and includes extra legal features to ensure it is suitable for security token issuance.

It will enable companies and organisations to run a secure and flexible web-based application on the Stratis blockchain to issue tokens to investors.

One key feature the platform boasts is real-time pricing, with the ability to accept payments in both fiat (USD) and cryptocurrency (BTC and STRAT).

It utilises currency data from multiple providers such as CoinMarketCap and CoinGecko to ensure its participants benefit from up-to-date prices.

“We are delighted to launch our STO platform, one of the key milestones of our 2019 Development Roadmap,” said Chris Trew, Stratis CEO.

“The STO platform builds on the functionality of the Stratis ICO platform with the addition of several new features that satisfy the rigorous regulatory requirements needed to conduct STOs.

“Our STO platform is highly secure, flexible, and scalable, making it easy for businesses of any size to raise money through the tokenisation of their asset.”

Interested in reading more cryptocurrency-related news? Discover more about the trader who lost $26 million in one week after Bitcoin slumped to $6,500.

Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

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A new development occurred today in the world of cryptocurrency. Accordingly, the cryptocurrency exchange Binance made an announcement regarding an altcoin. According to the announcement, Binance has completed the Stratis (STRAX) token swap and revaluation. Let’s look at the details.

Binance Announces Stratis (STRAX) UpdateBinance announced that it has completed the Stratis (STRAX) token swap and revaluation. Deposits and withdrawals for the new STRAX tokens are now open.

The exchange provided information about the current services for the new Stratis (STRAX). Accordingly, spot trading for the pairs STRAX/BTC, STRAX/USDT, and STRAX/TRY started today at 11:00 AM Turkey time. Additionally, STRAX was added to Binance Simple Earn at the same time. Users can now subscribe to STRAX Flexible Products.

Changes in Token QuantitiesBinance will also add STRAX as a new borrowable asset to Cross and Isolated Margin today at 4:00 PM Turkey time, as well as the STRAX/USDT pair to Cross and Isolated Margin.

Lastly, Binance will add Strax as a new borrowable asset to Binance Loans (Flexible Rate) on March 29, 2024, at 11:00 AM Turkey time.

The distribution was carried out at a ratio of 1 old STRAX = 10 new STRAX. Accordingly, Binance will no longer support the deposit and withdrawal of old STRAX tokens. Following the development, the price of Strax is at $0.16.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Blockchain development platform Stratis has achieved a significant milestone by obtaining a Virtual Asset Service Provider (VASP) license in Spain. This move demonstrates Stratis’s notable progress in complying with global regulatory standards. The platform’s native asset STRAX responded positively to the announcement of Stratis’s VASP license, gaining a considerable increase in value and capturing the attention of crypto traders and investors worldwide.

Stratis’s VASP License Acquisition Is Quite SignificantAccording to news shared on social media platform X by blockchain development platform Stratis, the platform officially entered Spain’s VASP registry on March 28th after obtaining a VASP license from the Bank of Spain. Although specific details regarding the license acquisition have not been disclosed, Stratis now ranks among leading cryptocurrency exchanges like Binance, Crypto.com, and Coinbase in terms of regulatory compliance.

Experts had been pointing out for some time that STRAX had significant growth potential during the Bitcoin block reward halving period. Indeed, expectations for the altcoin have increased even more with today’s price surge, influenced by news of Stratis’s success in meeting legal regulations.

Current data shows that the price of STRAX has risen over 10% in the last 24 hours to $0.1612. A notable increase of 10.56% in market value and a 352.08% increase in trading volume over the last 24 hours indicate growing interest in the altcoin.

Announcement from Binance for the AltcoinAnother significant development for STRAX was the completion of the token swap and revaluation process for Stratis by the world’s largest cryptocurrency exchange Binance. Consequently, deposit and withdrawal services for STRAX have resumed, and spot trading pairs such as STRAX/BTC, STRAX/USDT, and STRAX/TRY are available for trading from today.

Binance’s decision to expand support for the STRAX token is part of the exchange’s commitment to facilitating the trading and accessibility of various cryptocurrencies. Additionally, the announcement that STRAX will be added to Binance Loans starting March 29th supports the market optimism surrounding the altcoin’s potential.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Stratis (STRAX) offers a scalable and energy-efficient Blockchain platform for businesses and developers using C# and .NET languages. Founded by Chris Trew in 2016 and operating on a PoS consensus mechanism, Stratis was launched with features such as sidechains and smart contracts. An integral part of the Stratis ecosystem, the STRAX token facilitates transactions and can be staked for network participation. In this article, you can find answers to two frequently asked questions: What is Stratis (STRAX) and how to buy Stratis (STRAX) with TRY.

What is Stratis (STRAX)?Stratis is a decentralized Blockchain platform designed to simplify Blockchain development for businesses and developers. Using familiar programming languages like C# and .NET, Stratis provides a scalable and energy-efficient infrastructure based on Bitcoin’s architecture. The platform uses sidechains to enhance functionality and scalability, offering developers a versatile environment to create Blockchain solutions. Stratis supports various developer tools, SDKs, and APIs, making Blockchain development more accessible and efficient.

Founded by Chris Trew in 2016, Stratis aimed to facilitate the adoption of Blockchain by focusing on user-friendly development. The project conducted an Initial Coin Offering (ICO) in June 2016, raising approximately $600,000 in Bitcoin. Stratis released its first alpha version in August 2016, followed by a beta version in January 2017. By June 2017, Stratis had launched its full platform, including features like smart contracts and sidechains. This progress attracted significant attention from both developers and businesses. The launch of the STRAX token in August 2020 further solidified Stratis’s position in the blockchain sector.

Stratis operates on a Proof of Stake (PoS) consensus mechanism, where the ability to validate transactions and create new blocks is determined by the number of tokens held and staked by participants. This method is energy-efficient compared to the traditional Proof of Work (PoW) consensus mechanism, making Stratis a more environmentally friendly option. PoS also enhances network security by deterring malicious behavior, as participants risk losing their staked tokens if they attempt to validate fraudulent transactions.

Smart contracts on Stratis are developed in C#, allowing developers to create programmable agreements on the Blockchain using their existing skills and tools. These contracts provide transparency, immutability, and automatic execution, increasing efficiency by eliminating intermediaries. The PoS consensus and smart contract features provide a secure, scalable, and flexible environment for decentralized applications (dApps).

Stratis’s infrastructure includes sidechains, which are independent Blockchains connected to the main Stratis Blockchain. Sidechains enhance scalability by offloading transactions and computations, maintaining interoperability while increasing privacy. This architecture allows for increased transaction volume and the ability to keep sensitive data off the main chain.

An integral part of the Stratis ecosystem, the STRAX token facilitates transactions and the execution of smart contracts. It can be staked for network participation and rewards, providing a source of passive income for token holders. Stratis also supports cross-chain interoperability, enabling seamless interaction between the Stratis Blockchain and other platforms.

How to Buy Stratis (STRAX) with TRY?Binance TR is the most suitable cryptocurrency exchange for investors in Turkey who want to buy Stratis (STRAX). On Binance TR, where you can quickly create an account, more than 100 cryptocurrencies, including STRAX, can be bought and sold. You can follow the steps below to buy Stratis (STRAX) with TRY on Binance TR.

How to Open an Account on Binance TR?Opening an account on Binance TR is quite easy. For this, you need to go to trbinance.com and proceed from the “Create Account” step. In the first step of creating an account, you will be asked to enter basic information such as email address, phone number, name-surname, date of birth, nationality, and T.C. identification number.

After entering the requested information completely and accurately, email/sms verification will be done to confirm the information. After completing this process, you will proceed to the second step, identity verification (KYC).

How to Verify an Account on Binance TR?Identity verification on Binance TR is one of the security procedures that must be carried out before starting cryptocurrency trading and during account creation. This process is also necessary to protect both the user and the cryptocurrency exchange. You can perform the verification process either from your phone or through Binance TR’s official website. Note that you will need your mobile phone to perform identity verification from the website.

On the Binance TR website, hover over the “Profile” option at the top right, click on “Identity Verification and Limits” from the drop-down menu, and then click on “Verify.” After this step, you will need to scan the QR code that appears with your phone’s camera and continue the process on your phone. If you cannot scan the QR code, you can click on the “Copy URL” option to have the identity verification address sent to your phone via SMS.

When you enter the address on your phone or scan the QR code, a screen like the one below will open on your phone. From here, first tap on the “Identity” option to continue.

Then a screen like the one below will appear. To continue the verification process, first select the document type that suits you.

After selecting the document type, tap on the “Upload front side” option to continue. After taking a photo of the front side of the document you selected, tap on the “Upload back side” option and take a photo of the back side of the document and upload it. Ensure that the images are clear and that the information in the photo you took is easily readable when taking photos of the front and back sides of your ID card or driver’s license.

Then you can continue by tapping on the “Selfie” option. At this point, your phone’s front camera will open, and you will need to scan your face. Make sure that your face fills the camera area as much as possible after the camera opens.

After completing all these steps accurately and completely, your identity verification process will be completed shortly.

How to Deposit TL on Binance TR?You can easily deposit TL into your Binance TR account from all banks. You can deposit TL 24/7 and make uninterrupted transactions from your Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans accounts. Deposits up to 50,000 TL can be made 24/7 via FAST from other banks. Deposits over 50,000 TL from other banks are processed within EFT hours.

To deposit money into your Binance TR account, first go to the trbinance.com address, hover over the “Wallet” option at the top left of the main page, and click on the “Deposit” option from the drop-down menu.

Then a page like the one below will open, and you can continue the deposit process by selecting the bank of your choice. If the bank you prefer does not yet have Binance TR integration, you should continue by clicking on the “Other Banks” option.

In this example, we will continue using Vakıfbank, but the process is the same for all other banks. When you click on the Vakıfbank option, you will see an account name and IBAN address where you can make a transfer, EFT, or FAST to that bank. Now, all you need to do is use the information displayed on the page of the bank you prefer to transfer the amount you want to deposit into your Binance TR account via transfer, EFT, or FAST.

After your bank completes the transfer process, the funds you sent will automatically be reflected in your wallet on your Binance TR account.

How to Buy STRAX Coin with TL on Binance TR?After the deposit process, you can proceed to the TL to STRAX coin purchase step by clicking on the “Buy-Sell” option in the top left menu of the Binance TR website.

After clicking on this option, the page below will open. You can go to the TL to STRAX purchase page by typing “STRAX” in the search section on the right side of this page and clicking on the STRAX/TRY option from the results.

Now the STRAX trading page below will open. On this page, in the area marked with a red box, you need to enter the price at which you want to buy STRAX in the first box and the number of STRAX you want to buy in the second box. After entering the amount, you can complete your purchase by clicking the “Buy STRAX” button.

What is Binance TR?As the world’s largest cryptocurrency exchange by trading volume, Binance officially launched its platform Binance TR for cryptocurrency investors in Turkey in 2020. The cryptocurrency exchange, headquartered in Istanbul, can be accessed at trbinance.com.

Binance TR offers fiat-to-crypto and crypto-to-crypto trading services by leveraging Binance’s technology, security measures, and liquidity provided through the Binance Cloud infrastructure. Users in Turkey can seamlessly deposit and withdraw Turkish lira (TRY) directly through bank channels and trade various cryptocurrencies with TRY pairs via Binance TR.

Users gain access to market-leading spot trading liquidity, a powerful matching engine, advanced security protocols, custody solutions, and risk controls, supported by Binance’s core functionalities through Binance TR.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

The Evolution of Enterprise BlockchainBlockchain technology has long promised to revolutionize how businesses operate, but technical barriers have limited adoption. Stratis is changing this landscape by offering a Blockchain-as-a-Service (BaaS) platform specifically designed to make blockchain accessible to mainstream businesses and developers. Using familiar C# and .NET Core Framework, Stratis allows organizations to create, test, and deploy blockchain applications without specialized blockchain expertise.

This Microsoft-based approach differentiates Stratis in the blockchain market. By leveraging C#, one of the world's most widely used programming languages, Stratis opens blockchain development to millions of developers already comfortable with Microsoft technologies. The platform supports everything from enterprise solutions and gaming innovations to decentralized finance applications, positioning it as a versatile tool for multiple industries.

Key Focus Areas for StratisStratis targets three strategic sectors where blockchain can deliver significant value:

Enterprises - Providing secure, transparent blockchain solutions for supply chain management, financial operations, and business efficiencyGaming - Supporting play-to-earn (P2E) games with true digital ownership, leveraging AI and Web3 technologiesDeFi - Enabling decentralized finance protocols, payment gateways, and stablecoin solutionsTechnical Architecture Driving Business SolutionsThe StratisEVM mainchain forms the technical foundation of the Stratis ecosystem. This Ethereum-compatible blockchain allows developers to deploy EVM-based smart contracts directly on Stratis while benefiting from improved performance. For businesses, this compatibility means access to the largest smart contract ecosystem without abandoning the security and scalability advantages Stratis offers.

Interoperability remains central to the Stratis design philosophy. The platform supports cross-chain bridges like ChainPort, enabling seamless transfer of assets such as USDT, USDC, and wrapped ETH between blockchains. This connectivity expands the platform's utility beyond its own ecosystem, creating practical solutions for businesses operating across multiple blockchain environments.

Advanced Privacy and Scalability FeaturesPrivacy and scalability concerns often limit enterprise blockchain adoption. Stratis addresses these challenges through Zero Knowledge Proofs (ZKPs), allowing transaction verification without exposing sensitive data. This technology simultaneously improves scalability by reducing on-chain data volume and increases efficiency by lowering transaction costs while maintaining security standards essential for business applications.

Further enhancing scalability, Stratis has developed Verium, a solution based on zkEVM and zkSync technology. This innovation transforms Stratis into an elastic blockchain ecosystem capable of adapting to varying transaction volumes—a critical feature for businesses with fluctuating processing needs. The result is a more efficient system that requires fewer computational resources while handling increased transaction throughput.

STRAX: The Fuel Powering Blockchain InnovationEvery blockchain ecosystem requires a native token, and for Stratis, that's STRAX. This utility token serves as the foundation for all platform operations, from basic transactions to complex smart contract executions. STRAX represents more than just a cryptocurrency; it's the economic mechanism that enables the entire Stratis network to function.

Essential Functions of the STRAX TokenSTRAX performs several critical roles within the Stratis ecosystem:

Transaction Fees - Pays for regular blockchain operations, smart contract execution, and decentralized application deploymentsNetwork Security - Enables staking through pools or masternodes (requiring 1,000,000 STRAX collateral) to secure the network and earn rewardsEcosystem Access - Provides entry to gaming platforms, payment services, and DeFi applications throughout the Stratis environmentBeyond basic utility, STRAX provides access to the growing Stratis application ecosystem. Token holders can participate in gaming platforms like Solplex and Project Atlantis, utilize payment services through Binance Pay integration, and engage with DeFi applications and stablecoin solutions. This multi-functional approach creates practical use cases beyond speculation.

STRAX Market ProfileAccording to data from CoinGecko and CoinMarketCap, STRAX has a circulating supply of 1.95 billion tokens. With a market capitalization of $125 million, the token currently ranks between positions #375-448 in the global cryptocurrency market. The Stratis network produces consistent block rewards of 60 STRAX every 16 seconds, ensuring steady token distribution.

STRAX is available across major cryptocurrency exchanges including Binance, Upbit, Bithumb, Crypto.com, and KuCoin. The widespread exchange presence ensures sufficient trading volume and liquidity for individual users and enterprise clients implementing Stratis blockchain solutions. Rather than focusing on price speculation, STRAX is a utility token designed specifically for powering real-world business applications on the Stratis platform.

Transforming Gaming Through Blockchain TechnologyStratis is revolutionizing the gaming industry by integrating blockchain technology to create immersive, player-owned economies. The platform leverages StratisEVM's Ethereum-compatible infrastructure and the STRAX token to power play-to-earn (P2E) games where players truly own and trade digital assets with real-world value. This approach ensures secure, cross-platform interoperability that traditional gaming platforms cannot match.

Solplex: AI-Enhanced City Building in a Blockchain UniverseSolplex, Stratis's flagship P2E game, represents the future of blockchain gaming. This ambitious project blends city-building and strategic gameplay within a rich sci-fi universe. What makes Solplex particularly innovative is its use of artificial intelligence to generate dynamic assets like terrain, buildings, and characters, creating unique gameplay experiences for each player.

Following its beta launch in Q4 2024, Solplex is currently progressing through its 2025 roadmap. According to the official Solplex roadmap, Q1 2025 featured several major developments including Alliances, Ingame chat, Leaderboards and statistics, Token integration, and Artifacts trading. By Q2 2025, the game will see a full production launch with a new server, iOS and Android support, and additional features like automated trading strategies.

These developments enhance the core value proposition of Solplex, allowing players to:

Earn and trade in-game currency tokens with real-world valueOwn truly unique digital assets secured on the Stratis blockchainParticipate in a player-driven economy where actions have real financial impactThe game enhances player engagement through STRAX-based transactions, allowing seamless movement between in-game achievements and real-world value—a core promise of blockchain gaming that Stratis delivers on.

Solplex game roadmap (official website/blog)New technical features enhance these gaming experiences, including cross-platform asset trading and instant in-game transactions powered by zkSync's Layer-2 scaling technology. These improvements address traditional blockchain gaming limitations around transaction speed and cost, making the experience seamless for players regardless of their technical knowledge.

Financial Infrastructure for the Digital EconomyRecognizing that blockchain adoption requires practical financial tools, Stratis has developed robust solutions that bridge traditional and digital finance. The platform offers various stablecoin options that provide stability without the volatility typically associated with cryptocurrencies, making blockchain transactions more practical for everyday business use.

Bridging Traditional and Digital FinanceFor businesses requiring integration with existing payment systems, the Stratis Money Service launched in February 2025 provides essential functionality. This crypto-to-fiat payment gateway allows businesses to accept cryptocurrency payments while receiving traditional currency, eliminating exchange risk while benefiting from blockchain efficiency. The STRAX token's integration with Binance Pay further expands payment options, enabling contactless transactions, wider merchant adoption, and everyday utility that extends beyond the technical blockchain community.

Enterprise Implementation and Strategic PartnershipsStraxTegic, the enterprise division of Stratis, focuses on blockchain adoption through flexible implementation options that address specific business needs. As their tagline indicates, they're "Empowering businesses with tailored blockchain solutions, strategic advisory, and expert development to drive innovation and achieve success in the Web3 world."

Comprehensive Enterprise ServicesStraxTegic offers a range of specialized services to support businesses adopting blockchain technology:

Strategic Advisory - Expert guidance for blockchain adoption tailored to specific industry needs.NET Core Blockchain Development - Secure solutions focused on the Microsoft technology ecosystemSmart Contract and dApp Solutions - Custom development to drive innovation within organizationsIntegration and Compliance - Seamless implementation that ensures projects meet regulatory standardsThe platform accommodates enterprise requirements through private sidechains that allow organizations to deploy custom blockchain solutions with tailored consensus mechanisms and privacy controls. This approach enables supply chain tracking, product authentication, and fraud reduction while maintaining enterprise-level security and control.

Strategic partnerships validate Stratis's enterprise credibility. Collaborations with major accounting and consulting firms for financial product auditing, partnerships for marketplace development, and numerous enterprise implementation projects demonstrate practical application across different business sectors. These partnerships extend beyond technical development to include business process integration, regulatory compliance, and market adoption strategies essential for blockchain's long-term success in enterprise environments.

Building a Developer and User CommunityTechnology platforms succeed through community adoption, and Stratis has emphasized community building through multiple channels. The platform maintains active engagement on X (formerly Twitter) as @stratisplatform, sharing regular updates, promoting capabilities, and highlighting opportunities for developers and users alike.

Developer support remains central to Stratis's growth strategy. Through comprehensive SDKs and C# development tools, the platform reduces barriers for developers entering the blockchain space. This approach recognizes that developer adoption drives ecosystem growth, with each new application and service increasing platform value for all participants.

Strategic Positioning in the Evolving Blockchain LandscapeStratis offers distinct advantages in an increasingly competitive blockchain market. For businesses, the platform provides a familiar development environment, cloud-based deployment options, and scalable infrastructure that grows with organizational needs. Developers benefit from Microsoft technology integration, Ethereum compatibility, and robust tools that accelerate development cycles. Gaming companies gain access to digital asset frameworks, economic models that reward players, and AI-enhanced experiences that differentiate their offerings.

Competition comes from established providers like IBM Blockchain, enterprise-focused platforms like VeChain, and other smart contract solutions targeting similar markets. Stratis addresses these challenges through the continuous development of its gaming ecosystem, expansion of DeFi offerings, and targeted solutions for enterprise adoption. The platform's unique position, bridging traditional business operations and Web3 innovation, creates opportunities for growth as blockchain adoption accelerates across industries.

The Future of Business BlockchainStratis represents a significant advancement in making blockchain technology practical for everyday business use. By combining developer-friendly tools, a versatile token economy, and focused applications in gaming and finance, the platform addresses real business needs rather than theoretical use cases. This practical approach positions Stratis for sustained growth as blockchain adoption continues across various industries.

The platform's key strength lies in connecting conventional business operations with blockchain capabilities using familiar tools and frameworks. For organizations seeking blockchain benefits without massive disruption to existing systems, Stratis offers a manageable adoption path that leverages existing developer skills and technology investments.

Those looking to explore Stratis can visit the Stratis website at stratisplatform.com, join the growing community through social channels, and utilize extensive development resources. As Web3 technologies mature from speculative investments to practical business tools, Stratis offers a clear pathway for organizations to implement blockchain solutions that deliver measurable business value.

STRAX: Xertra Deploy

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Assemble AI, a renowned AI-driven news intelligence entity, has integrated with KuCoin, a popular crypto exchange. The partnership aims to broaden AI-led market insights to facilitate crypto traders across the globe. As Assemble AI disclosed in its official social media announcement, the development permits KuCoin consumers to leverage its complete news intelligence model within the exchange. Hence, with this move, traders can obtain AI-powered breaking news alerts, market analysis, regular market briefings, and ranked headlines in real time.

Assemble AI is now integrated into @kucoincom. 🚀

KuCoin is one of the world's largest cryptocurrency exchanges – serving over 30 million registered users across 200+ countries with spot trading, futures, staking, and one of the deepest altcoin markets in the industry.

As of… pic.twitter.com/D9O6jwjeWx

— Assemble AI (@Assemble_io) June 19, 2026 KuCoin Integrates Assemble AI’s Crypto News Intelligence Model for AI-Led, Real-Time Analysis The collaboration includes the integration of the crypto news intelligence framework of Assemble AI into KuCoin. Thus, the initiative provides traders with real-time market insights, news alerts, market briefings, and ranked headlines with the AI integration. In this respect, the development endeavors to streamline market analysis with the merger of intuitive news analysis and trading activity.

Apart from that, the integration unveils the AI-led news infrastructure of Assemble AI across diverse KuCoin-based sectors, delivering a relatively effective way to comprehend market movements. As a result, rather than manually reviewing massive data volumes, traders can leverage automatically examined news content that highlights precisely relevant developments impacting digital assets.

Particularly, the 24h Feed is one of the core features that this integration introduces. It is a specialized news discovery mechanism within KuCoin’s platform. The Assemble AI-powered feed effectively processes articles ahead of user access. It also categorizes information in real time in line with importance. Along with that, the initiative automatically detects related assets and cryptocurrencies while also linking AI-generated insights to each of the stories. The respective AI insights take into account key points, comparisons with analogous past events, market sentiment examinations, likely ripple effects, associated risks, and opportunities.

Enabling Smarter Trading Through Integration of AI-Powered News Intelligence According to Assemble AI, the partnership also unveils the Trading Terminal Feed, placing AI-driven news inside the trading interface of KuCoin. Additionally, the integration eliminates the requirement for traders to quit the trading terminal in order to look for influential information. Therefore, consumers can efficiently view significant developments as well as their likely impact alongside live market activity.

AUTHOR

Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.

PROVIDENCIALES, Turks and Caicos Islands, June 18, 2026 — KuCoin today recognized brand ambassador Adam Scott as the Australian golfer makes his 100th consecutive appearance in a major championship at the U.S. Open at Shinnecock Hills Golf Club in Southampton, New York. With the achievement, Scott becomes only the second player in golf history to reach the milestone.

The streak spans more than two decades and reflects an uninterrupted run of qualification and participation across golf’s four major championships. Few players have maintained that level of consistency for such a sustained period.

KuCoin said its partnership with Scott is built around principles that have shaped both his career and the company’s development, including discipline, consistency, and the ability to build trust over time.

BC Wong, CEO of KuCoin, commented:

“Reaching 100 consecutive major championships is not just a milestone — it is a testament to discipline, resilience, and the ability to perform at the highest level over time. These are the same principles that guide KuCoin as we continue to build a trusted and transparent digital asset ecosystem. Our partnership with Adam Scott reflects a shared belief that trust is not claimed; it is earned over time through performance.”

Scott’s achievement highlights the qualities that have defined his career, including long-term commitment, resilience, and sustained performance at the highest level of professional golf.

Adam Scott said:

“Reaching 100 consecutive majors is something I’m incredibly proud of. It reflects years of commitment and the ability to stay focused through different stages of my career. I’ve always believed that success isn’t defined by a single moment, but by showing up consistently and continuing to improve. That’s why I value partnerships with organizations like KuCoin, where there is a shared focus on long-term thinking, building trust, and continuous progress.”

The milestone comes as KuCoin continues to expand its regulatory presence and invest in infrastructure designed to support its long-term growth. The company said the partnership reflects a common belief that trust is developed through sustained performance rather than a single achievement.

For both Scott and KuCoin, the milestone underscores the importance of consistency, long-term commitment, and continued progress over time.

AUTHOR

Simeon is a detail-driven editor who sharpens every piece with clarity and precision, ensuring clean, consistent, and professional content throughout.