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OrangeX Announces Its Verified Proof of Reserve, Guarantees 100% of Users’ Assets

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Victoria, Seychelles, 10th September 2024, ZEX PR WIREAs a secure and stable global crypto exchange, OrangeX unveiled its launch of Proof of Reserve system and assured that all customer assets held on the platform are fully backed (at least 1:1), safely stored and available for redemption. In addition, OrangeX made its proof-of-reserves public in CoinMarketCap, the most referenced and trusted source for cryptocurrency projects and exchanges.

The exchange claims that by making its POR public, it hopes to reassure consumers that their assets are secure and have enough liquidity to meet their withdrawal requests.

Proof of Reserve or POR is a verifiable attestation procedure that helps enhance transparency to centralised cryptocurrency reserves. OrangeX provides a visual verification page and makes it easy for all users to ensure that their funds are safely held 1:1 in reserve by following 3 steps.

  1. OrangeX takes snapshots of all assets every 2 weeks and makes them available publicly. At the time of writing, OrangeX has over $35 million in total digital assets with collateralization ratios of 128% for BTC,123% for ETH, 127% for USDT and 130% for USDC. The assets reserve ratio has surpassed its 100% liabilities. Thus, OrangeX guarantees its users 100% access to funds even when there is a withdrawal rush.

  2. OrangeX displays the total assets of all on-chain wallet addresses and wallets held by the exchange, and users can verify OrangeX’s ownership of the addresses anytime with just a few simple steps.

  3. The crypto ranking firm CoinMarketCap has collaborated with the Proof of Reserves to be published. Verified by CMC, everyone can see OrangeX marked as “reserves” and check exchange’s detailed financial dashboard on their ranking page.

For real-time PoR tracking, please visit – https://www.orangex.com/proof-of-reserves

OrangeX launches a Proof of Reserve system aimed at revealing information about the liquidity and preservation of users’ assets on the platform. As a comprehensive trading platform supporting 200+ cryptocurrencies and 3 million users, OrangeX aims to make crypto trading easier and safer for all by strengthening its compliance standards, security system and safety measures to empower more individuals to embrace crypto with trust.

Zero-Incident Operation

Given several crypto crises and scandals in the past 10 years involving breaches and misused assets resulting in multiple closed exchanges, OrangeX is liable for its zero-incident operation and no user’s information disclosure since the platform established.

Stay Compliant Worldwide

OrangeX puts a strong emphasis on conducting business in various countries and regions under the premise of lawfulness and compliance. OrangeX has obtained regulatory licences in a variety of countries, including US MSB license and certified Virtual Asset Service Provider (VASP) in the Czech Republic. The integration with the CODE Travel Rule solution and membership with VerfiyVASP Alliance also marks its regulated expansion in the Korean market.

Build a Secured Infrastructure System

OrangeX proactively engages in third-party audits conducted by reputable entities, like SlowMist and CipherOwl, in addition to implementing Anti-Money Laundering and Counter Terrorist Financing policy, to meticulously verify the robustness of our security protocols, financial stability, and adherence to regulatory compliance.

By adopting Proof of Reserve, OrangeX boosts transparency and safety to mitigate crypto industry risks and build user trust among crypto communities. Looking ahead, OrangeX pledges to uphold 100% reserves while exploring more transparency initiatives to strengthen user trust and protect platform integrity. Users in OrangeX will always enjoy a secure and reliable trading environment with funds fully guaranteed.

About OrangeX

CoinMarketCap (CMC) and CoinGecko-listed exchange, OrangeX, founded in 2021 in Seychelles, stands as a worldwide cryptocurrency trading platform renowned for its cutting-edge technology, proficient team, and seasoned financial knowledge. Our paramount strengths encompass strict regulatory adherence, robust fund and system security, unwavering transparency, and dependable products, all of which collectively culminate in the delivery of top-tier professional services to our esteemed users.

For more information, please visit: Website | Twitter | Telegram | CoinMarketCap | CoinGecko

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

SCHOLAR RECEIVE NOMINATIONS FOR A NOBEL PRIZE IN PEACE AND LITERATURE

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Dr. Thomas Luke, Ph.D., received a double nomination for the prestigious 2025 Nobel Prize in Peace and Literature.

Prof. Luke’s articles have appeared in peer-reviewed academic journals including The Doctrine of Eternal Security: A Reflection on Perseverance of the Saints and Geography of the Bible: Exploring the Physical and Historical Context of the Old Testament Scriptures.

The Least of These, second edition: has received the 2025 Nobel Prize in Peace Nomination, and his Ph.D. dissertation, Transformational Theology, has also recently been nominated for the 2025 Nobel Prize in Literature Nomination.

“I am humbled to have been nominated for such a prestigious prize, even if I do not win. I also want to thank my loving wife and ministry partner Johana for being another great blessing in my life.

Luke and his wife Johana Carolina Sopacua, MA work together as ministry partners in Bali, Indonesia where they were recently married in October 2024. The nominations for the Nobel Prize in Literature and Peace serve to underscore their dedication to doing good works the world over.

For more information, please visit Dr. Luke’s website: DrLuke.tv  

About the Nobel Prize Organization

The Nobel Foundation is tasked with a mission to manage Alfred Nobel’s fortune and has ultimate responsibility for fulfilling the intentions of Nobel’s will.

www.nobelprize.org

Media Contact

Organization: DrLuke.tv

Contact Person: Dr. Thomas Luke, Ph.D.

Website: https://drluke.tv/

Email: Send Email

Contact Number: +17868330570

City: Miami

State: Florida

Country: United States

Release Id: 11012522419

The post SCHOLAR RECEIVE NOMINATIONS FOR A NOBEL PRIZE IN PEACE AND LITERATURE appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

Riema Labs Inc. (Nubit) Unveils Goldinals: The Unified Protocol for Bitcoin Assets

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Summary: Riema Labs Inc. (Nubit) introduces Goldinals, a Bitcoin-native token protocol designed to unify fragmented asset standards, enable programmability, and bring trustless innovation to Bitcoin.

Grand Cayman, Cayman Islands – Bitcoin’s growing ecosystem has given rise to various meta-protocols like BRC-20, Ordinals, and Runes, creating a fragmented and often inefficient environment for digital assets. Riema Labs Inc. (Nubit), a pioneer in Bitcoin-native infrastructure, has unveiled Goldinals, a unified protocol for Bitcoin assets, a trust-minimized fungible token standard that promises to unify these protocols and bring advanced programmability to Bitcoin, all while adhering to Bitcoin’s core principles of security and decentralization.

What Is Goldinals?

Goldinals is a unified protocol for Bitcoin assets.

Bitcoins unmatched security has solidified its dominance, but its lack of global state and native programmability has limited its utility for asset issuance. Protocols like BRC-20 and Ordinals rely on off-chain indexers, introducing inefficiencies and trust issues.

Goldinals eliminates these pain points by bringing two advancements:

  1. A unified, trust-minimized protocol that allows seamless interoperability across existing standards like BRC-20, Ordinals, Runes, and CAT. Developers no longer need to design fragmented, one-off solutions for new assets.
  2. Native programmability powered by BitVM, enabling the on-chain execution of advanced logic such as token gating, multi-signature wallets, and conditional transfers–all without sacrificing Bitcoin’s core principles of security and decentralization.

For developers, Goldinals offers an ERC-20-inspired APIDeployMintTransfer, and Burn–making it intuitive to create scalable applications. For users, Goldinals ensures that all operations are validated directly on-chain, delivering a seamless, secure, and unified experience for Bitcoin-native assets.

Unifying Bitcoin’s Asset Ecosystem

Bitcoin’s asset ecosystem has become a tangle of competing protocols, each with its strengths and limitations. BRC-20, for example, enabled native tokens on Bitcoin but relies heavily on centralized indexers for state management, creating vulnerabilities. Ordinals revolutionized data inscription but offers limited programmability. Other protocols, like CAT, require changes to Bitcoin’s consensus rules, which makes widespread adoption impractical.

Goldinals solves these problems by unifying Bitcoin’s asset ecosystem into a single standard that combines compatibility, security, cost-efficiency and scalability. Key features include:

  • Full compatibility with existing protocols like BRC-20 and Ordinals, ensuring that developers don’t need to reinvent the wheel to build new features.
  • Interoperability across applications, enabling seamless integration of both current and future innovations.
  • Trust minimization, achieved by validating every operation directly on Bitcoin using zero-knowledge proofs (ZKPs) and BitVM, eliminating reliance on centralized services or external indexers.
  • Reduced transaction costs and improved scalability, powered by ZKPs for state compression and BitVM for off-chain computation. This ensures even complex operations are efficient, cost-effective, and secure.

Goldinals creates an environment where wallets, exchanges, and developers can operate without fragmentation, turning Bitcoin into a cohesive platform for decentralized finance, token issuance, and programmable assets.

Goldinals: The Gold Standard for Bitcoin Assets

Goldinals doesn’t merely address Bitcoin’s current challenges–it redefines its future. By combining trust minimizationnative programmability, and ecosystem unification, Goldinals enables applications and assets that were previously unimaginable on Bitcoin. From trustless crowdsales to DeFi protocols, Goldinals is paving the way for Bitcoin to become the ultimate platform for decentralized innovation.

As Bitcoin’s ecosystem continues to expand, Goldinals is set to become the definitive standard for fungible tokens, driving adoption and innovation across the network.

To learn more about Goldinals and explore the full research, check out the detailed whitepaper here: https://www.nubit.org/Goldinals.pdf

About Riema Labs Inc. (Nubit)

Building the Trustless World Computer for Bitcoin.

Founded by UCSB professor Yu Feng, Riema Labs Inc. (Nubit) is building the Trustless World Computer for Bitcoin, enabling open scaling through Bitcoin-native technology. Riema Labs Inc. (Nubit) lets developers build any native application, onboarding the world to Bitcoin. Backed by Polychain.

X (Twitter): https://x.com/Nubit_org

Linktree: https://linktr.ee/Nubit_org

Company Name: Riema Labs Inc.

Contact Person: Xavier Teh

Contact Email: Xavier@riema.xyz

Website Link: https://www.nubit.org/

Company Logo: Riema Branding Resources

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Press Release

BitRivals Announce Initial Alpha Offering in AlphaLauncher.io – A Whole New Generation of Web3 Gaming

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BitRivals, the revolutionary Web3 gaming platform, will have an Initial Alpha Offering via AlphaLauncher.io on January 13, 2025, at 2 PM UTC. This date represents a new important milestone in BitRivals’ quest to rewrite gaming rules, allowing users to join a decentralized, player-centric ecosystem. It is here to introduce the new play-to-earn model, where actual rewards for gaming are possible and give ownership of in-game assets in ways never seen before.

                 

The BitRivals IAO occuring on January 13, 2025, at 2 PM UTC on AlphaLauncher.io. The total raise is $200,000, and the IAO will be in the USDC. One token will be sold for $0.01. The offering will be on the Base blockchain, and participants can buy up to $999 per wallet. There will be a structured vesting schedule: 20% of the tokens at the TGE, then a 15-day cliff, then linear vesting over the next five months. More than that, BitRivals provides a 24-hour ClaimBack policy, which makes the platform very flexible and game-fair to every participant.

What’s special about BitRivals?

BitRivals is not just another Web3 gaming platform; it’s a different paradigm regarding how users interact with these digital ecosystems. BitRivals focuses on just three basic principles of change that will alter how users experience gaming:

Ownership redefined through the implementation of blockchain technology, BitRivals hands over to players complete ownership over all their in-game assets. In full tokenization of assets, one can trade, sell, or keep them in ownership at any moment. The amount of control placed in a player’s hands thus re-positions it to assume an authoritative stance above the dictations that traditional game models often bring on in-game.

BitRivals uses the FCFS model with no restrictions so that anyone can participate in the IAO. The processes are so uncomplicated and open that whether one is a fresh beginner or an old hand at Web3 has little bearing on this, so let it be all-inclusive.

A Seamless Experience for Participants

Events such as the IAO will take place on AlphaLauncher.io, one of the more trustable platforms for blockchain-based token launches. Users seeking to participate in the BitRivals IAO are invited to follow the simple steps:

  • Visit AlphaLauncher.io: Head to the platform’s website to get started with the IAO registration process.
  • Setting up your wallet on the base chain: Ensure your wallet is set to interact with the Base blockchain, which hosts the BitRivals ecosystem.
  • Learn More About BitRivals: To learn about the game, ecosystem, and many other things, check out the website BitRivals. 
  • Join on January 13th, 2025, at 2 PM UTC: Be prepared to purchase BitRivals tokens when the IAO goes live.

How to Get Involved:

For more information about the IAO, interested parties can visit AlphaLauncher.io for more details and preparation for the January 13 launch. To learn more about the BitRivals platform, its roadmap, features, and vision for the future of gaming, visit the BitRivals official website at: https://bitrivals.com 

About BitRivals

BitRivals is a gaming powerhouse that enables gamification powered by Web3. Its main core can empower every player with real rewards and possession over their virtual items. At the core of the BitRivals initiative lies an offer of value that will break new ground in decentralization for players and industry developers while cultivating a truly player-centric environment in gaming.

About AlphaLauncher.io

AlphaLauncher.io is one of the top-notch launchpads, home to some of the most innovative projects leading in Web3. Embodying a high level of transparency, security, and end-user experience, AlphaLauncher.io will provide full support in enabling game-changing initiatives such as BitRivals.

For more information, please refer to AlphaLauncher.io and BitRivals’ official website.

Press Contact:

Spencer Kolssak

Manchester UK

bitrivals.app 

hello@bitrivals.app 

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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