ChainCatcher news, according to RootData data, the Tranchess token (CHESS) has increased by 36.51% in the last 24 hours, currently priced at $0.210.Previous news states that according to the official announcement, Binance's futures platform will launch the CHESSUSDT perpetual contract on August 29, 2024, at 15:30 (UTC+8), with a maximum leverage of up to 75 times.Additionally, according to the Web3 asset data platform RootData, Tranchess is an asset tracking protocol that enhances yield, offering various risk-return solutions. Inspired by tranche funds that cater to users' different risk preferences, Tranchess aims to provide different risk/return matrices from a single main fund tracking specific underlying assets (such as BTC, ETH, BNB) or a basket of crypto assets.

ChainCatcher news, according to the official announcement, the Binance futures platform will launch the CHESSUSDT perpetual contract on August 29, 2024, at 15:30 (UTC+8), with a maximum leverage of up to 75 times.

ChainCatcher news, according to Cointelegraph, the Australian Securities and Investments Commission (ASIC) has sued the Australian Securities Exchange (ASX) in federal court.ASIC accuses ASX of making misleading statements, claiming that its project to replace the Clearing House Electronic Subregister System (CHESS) trading platform with blockchain technology was "on track" for a launch in April 2023 and that it was "progressing well," when in fact the project was not proceeding as scheduled or meeting its milestones at that time. After significant delays and budget overruns, ASX ultimately abandoned the project in November 2022.

ChainCatcher news, Tranchess posted on platform X: "With the continued growth in demand for Ethereum, we expect liquidity staking products like qETH, STONE, and related products staYSTONE, turPSTONE to remain in the spotlight. The ETH (spot) ETF will increase institutional investors' interest in Ethereum and staking, thereby driving up the value of Ethereum and network demand, which will subsequently lead to an increase in staking yields."

ChainCatcher news, the Ethereum Layer 2 network Scroll has announced on social media that Session Zero has opened a points system for USDC, USDT, Kelp DAO's wrsETH, and Tranchess assets. Users can now transfer assets to Session Zero using any supported bridging tool and start earning points rewards. Points can be traced back to the very beginning. Users can visit the official page to view the new points distribution.Previously reported, on May 16, the Ethereum Layer 2 network Scroll launched the loyalty program Session Zero points system. Users who participated in the StakeStone and Scroll joint cross-chain points event can now check their accumulated points through the Scroll points system. In addition, accumulated points for DeFi applications will be launched soon.

ChainCatcher news, according to official information, based on recent review results, Binance will remove the following spot trading pairs and cease trading:May 17, 2024, 11:00 (UTC+8): CFX/TUSD, CHESS/BTC, ORDI/TUSD.

ChainCatcher news, the chess strategy game Anichess supported by Animoca Brands has completed a $1.8 million financing round, led by Sfermion and Amber Group, with participation from Fenbushi Capital, Aspen Digital, SNZ Capital, and others. The new funds will be used to finance game development, marketing activities, and team expansion.According to the Web3 asset data platform RootData, Anichess is a blockchain-based chess game, announced by Animoca Brands and its subsidiary Lympo in collaboration with chess industry leader Play Magnus Group to develop a blockchain game, featuring PvE gameplay and an ecosystem for betting and earning. The second phase is expected to launch later in the first quarter of 2024, introducing PvP gameplay.

ChainCatcher news, Animoca Brands has partnered with Chess.com and five-time world chess champion Magnus Carlsen to launch the first phase of the free chess strategy game Anichess, which features player versus environment (PvE) mode.It is reported that the second phase will introduce player versus player (PvP) mode at the end of the first quarter of 2024.

ChainCatcher news, the chess game Immortal Game based on Immutable X has announced the decision to stop the development of Play-to-Earn and NFT collectible-related features on the platform, as these features have encouraged serious cheating behavior on the platform.Immortal Game stated that its focus is on innovative features that enhance the gaming experience. While it will still explore Web3 and decentralized technologies, the main drive is to become an online international chess center, ensuring a fair environment for all players.According to the crypto data platform RootData, Immortal Games completed a $12.2 million Series A financing round last July, led by TCG Crypto.

ChainCatcher news, the veteran asset management protocol Tranchess has officially joined the OKX Web3 DeFi interest season event, aiming to provide benefits to users while jointly contributing to the construction of the LSDFI track. Users can stake ETH to Tranchess via OKX DeFi to enjoy an additional 8% annualized return.It is reported that the OKX Web3 wallet DeFi, in collaboration with six major protocols including Lido, Stader, Swell, Pendle, Equilibria, and Penpie, will officially launch the "DeFi Interest Season" event from November 14, 2023, 18:00 to February 12, 2024, 18:00 (UTC+8). In addition to more convenient operations that avoid jumping back and forth between multiple pages, users can also earn multiple returns while stacking additional interest subsidies.

ChainCatcher news, the announcement shows that China's largest online gaming company, Boyaa Interactive, will increase its holdings in cryptocurrency, specifically potential cryptocurrency purchases within a 12-month period starting from the date the ordinary resolution regarding the authorization and potential cryptocurrency purchases is formally approved at the shareholders' special meeting. This move can be seen as an important initiative for Boyaa Interactive's business layout and development in the Web3 field, and is also a significant part of the group's asset allocation strategy.Currently, it is expected to purchase approximately $45 million in Bitcoin and $45 million in Ethereum, in addition to spending up to $10 million on purchasing USD stablecoins USDT and USDC. The potential cryptocurrency purchases will be conducted on the open market of regulated and licensed trading platforms, including but not limited to HashKey Exchange.Boyaa Interactive may also continue to explore potential cryptocurrency purchases on other regulated and licensed trading platforms within the scope of the purchase authorization. In addition, the group has established a dedicated regulatory team that will regularly monitor the licensing and regulatory environment of trading platforms to ensure that the platforms used by the group are safe and recognized.

ChainCatcher news, according to Twitter user Ember monitoring, Three Arrows Capital has recently transferred approximately $1 million worth of 5 tokens including CHESS, DYDX, AURORA, MSU, and AVG to exchanges such as Binance, Gate.io, and MEXC in the past two days. Among them, 4,319,489 CHESS (worth $593,000) and 157,297 DYDX (approximately $307,000) were transferred to Binance. (Source link)

ChainCatcher news, blockchain gaming giant Animoca Brands' subsidiary Anichess has completed a $1.5 million seed round financing to develop a decentralized chess game. Investors include GameFi Ventures, Coin Operated Group, Koda Capital, Bing Ventures, 708 Capital, and Asymmetry Capital. The funds will be used for team expansion and further game development.Previous news, Animoca Brands and its subsidiary Lympo announced a partnership with Play Magnus Group to develop the blockchain game Anichess, which will merge chess and GameFi, expected to launch in 2023. (Source link)