Blockchain and Digital Investment: News Highlights in a Cryptic World 🌐💰

Crypto News Update Matr1x Raises $10M for Gaming Platform, Bybit Introduces Spot Trading in Portfolio Margin Mode, MapMetrics Expands to Peaq Blockchain

Today in Crypto Matr1x Gaming Platform raises $10M, Bybit’s Portfolio Margin Mode adds spot trading, MapMetrics expands to Peaq Blockchain.

Source: matr1x.io/games

Hey there, crypto enthusiasts! I’ve got a juicy batch of crypto and blockchain news for you. Get ready for a wild ride through the latest happenings in the digital investment world. Buckle up and let’s dive in!

Matrix: Crushing It in the Web3 Domain 🔥💥

Matr1x, the platform behind the mobile shooting game Matr1x Fire, is on fire itself! They just secured a mind-blowing additional $10 million in funding, making a grand total of $20 million. Talk about leveling up!

This round of funding was led by Folius Ventures and co-led by SevenX. Other big players like ABCDE Capital, Find Satoshi Lab, Initiate Capital, and Jambo also hopped on the bandwagon. Matr1x has attracted quite the financial backing before, including heavyweights like Hana Financial Group, Hashkey Capital, SevenX, and Amber Group. These guys are building a trilogy that pits centralized against decentralized data entities, focusing on data sovereignty and NFT transferability. And hold your horses, they’re even working on their upcoming NFT collection called Kuku, which will act as a magical NFT pass for governance access and revenue sharing. Plus, it’ll serve as an upgradable battle pet for holders. Woof!

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Matr1x’s growth has been nothing short of breathtaking. During their Alpha testing, they scored a whopping 200,000 registrations, 100,000 downloads, and had 15,000 daily active users, with an average session time of 2 hours per day. Talk about addictive gameplay!

MapMetrics: Navigation with a Twist 🗺️🧭

Let’s navigate our way to the next piece of news—MapMetrics. This Web3 drive-to-earn navigation app is expanding to the peaq blockchain. What does that mean? Well, now you can anonymously share your location data without it being snooped on by advertisers. And wait, there’s more! By using peaq IDs, they’re ensuring secure data authentication and developing a Google Maps-style service powered by a decentralized physical infrastructure network (DePIN). This service allows users to become an active part of the navigation process by validating locations and marking objects like speed cameras through community voting. Now that’s what I call crowd-powered navigation!

Peaq is also expanding its Multi-Chain Machine IDs to support Solana, Binance’s BNB Chain, Ethereum Virtual Machine, and Cosmos. It’s like Peaq is spreading its wings and soaring through the crypto skies!

Bybit Institutional: Taking Risk Management to the Moon 🚀🌚

Alright, folks, strap in for some institutional trading action! Bybit Institutional, the big brother of the popular Bybit exchange, is launching an upgraded Portfolio Margin Mode. What’s so special about it? Well, now traders can incorporate spot trading into their hedging strategies and manage their entire portfolio within a single platform. It’s risk management on steroids!

The previous version of Portfolio Margin Mode grouped USDC and USDT derivatives into a single risk unit. But no more! By integrating spot positions, traders can potentially achieve lower margin requirements and enhance their capital efficiency. It’s like having superhero-like powers in the crypto world!

Bitget: Cryptocurrency Trading, Now in Arabic 💱🕌

Bitget, the cryptocurrency trading platform, is expanding its horizons and reaching out to the Middle East and North Africa. They’ve just launched Arabic lingual support, making it easier for people in that region to dive into the exciting world of crypto. Now, you can trade cryptocurrencies in over 12 Middle Eastern currencies and choose from a whopping 590 tokens listed on Bitget. They’ve got your back, whether you’re into P2P trading, futures, copy-trading, or any other features on the platform. And guess what? Zero fees for buying and selling cryptocurrencies through Bitget P2P! It’s time to make those crypto dreams come true.

ClickPesa and Pendulum: Powerhouse Partnership 💪💰

Two tech giants, ClickPesa and Pendulum, are joining forces to revolutionize decentralized finance (DeFi). ClickPesa, a fintech company from Tanzania, and Pendulum, the bridge between Polkadot and Stellar, are on a mission to increase financial accessibility for small and medium-sized enterprises (SMEs) through DeFi solutions.

The partnership aims to empower Microfinance Institutions (MFIs) by providing tools and resources to access funding through the ClickPesa Debt Fund. This on-chain initiative not only offers improved accessibility and interest rates to MFIs but also provides yield opportunities for DeFi investors. It’s a win-win situation, creating a positive impact in developing regions and strengthening the link between profit and purpose. Talk about doing good while making money!

Cathedra Bitcoin Inc.: Settling Debts and Extending Horizons 💸📈

Our final stop on this crypto roller coaster is Cathedra Bitcoin Inc. This Bitcoin mining company is not just crushing numbers; they’re crushing debts too. With a debt settlement and debenture extension announcement, they’re making moves to solidify their financial position.

They plan to settle part of their outstanding principal amount equal to a jaw-dropping C$10,946,706 into common shares of the company. This clever move will help Cathedra Bitcoin Inc. get back on track and continue their Bitcoin mining journey with renewed vigor. They’re taking control of their destiny!

Well, folks, that wraps up this hilarious and informative journey through the crypto and blockchain world. I hope you enjoyed the ride and maybe even learned a thing or two. Stay tuned for more fantastic news from the digital investment universe. Remember, the blockchain is the gift that keeps on giving!

Which news story caught your attention the most? Are you ready to jump into the world of Web3 gaming, navigate with MapMetrics, integrate spot trading, trade in Arabic, or explore DeFi possibilities? Let me know in the comments below! And as always, keep shining in the world of crypto!

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