ChainCatcher news, according to official sources, Zebec Network has restarted its ZBCN token buyback program to further support ZBCN as a deflationary asset. The buyback is linked to the transaction volume of Zebec cards and partner contracts. Monthly transaction volume will trigger corresponding ZBCN buybacks in the open market.Zebec Network stated that each transaction made using a Zebec card will reduce the total circulating supply of ZBCN, thereby increasing scarcity and supporting its long-term value.

ChainCatcher message, the streaming payment protocol Zebec Network announced that the new token ZBCN will be exchanged for the old token ZBC at a ratio of 1:10. The exchange period is from April 10 to May 10, and the tokenomics will remain consistent, maintaining the same governance, utility, ownership, and lock-up schedule.

ChainCatcher message, Zebec announced on platform X that its original brand name Zebec Protocol has been updated to Zebec Network, while the original token ZBC will also be renamed to ZBCN. ZBCN will migrate from the ZBC token without issuing a new supply, and the token economics will not change.

ChainCatcher news, Zebec officially announced the launch of Zebec Instant Card, authorized by both VISA and MasterCard, which will support usage in 138 countries, including the United States and China.It is reported that this product is the industry's first non-custodial financial card that can be used with just an email address, with no fees charged. As of the time of writing, $ZBC has increased by 17.3% within 10 days.

ChainCatcher news, according to official sources, Zebec and Stellar have reached a deep strategic cooperation, and its ecosystem will fully integrate the Zebec payment system and Zebec's compliant sub-service wagelink. Furthermore, the profits generated from this cooperation will be used to buy back and burn $ZBC.It is reported that Stellar ($XLM) is a decentralized open-source network that serves as an open payment network for transferring and storing money. As of the time of writing, its market capitalization has reached $3.3 billion, ranking 24th overall.The Zebec ($ZBC) protocol is supported by the Solana Foundation and invested in by Coinbase Ventures, Republic, and Circle. Since its establishment in 2021, it has become the world's first on-chain salary flow payment product with tax functionality and is the first ecological project approved to join the Visa program. In the United States alone, there are 50,000 salaried users using Zebec to receive their wages weekly, with a 7-day increase of 22.5%.

ChainCatcher news, the Zebec Foundation announced on its official Twitter on the evening of November 21 that it has exceeded its quarterly financial expectations and will conduct a $2.5 million equivalent buyback of $ZBC in the next two weeks.It is reported that the Zebec protocol was established in 2021, supported by the Solana Foundation, Coinbase Ventures, Republic, Circle, and other investors. It has now become the industry's first on-chain payroll payment product with tax functionality. As the first eco-project approved to join the Visa program, up to 50,000 U.S. users settle their salaries using Zebec weekly.As of now, the $ZBC has increased by 36.5% over the past 10 days. (source link)

ChainCatcher news, Zebec announced the launch of Nautilus Chain on the mainnet. It is reported that as a Layer 3 chain, Nautilus provides the fastest EVM environment in Web3, capable of parallel transaction processing. It combines the speed of Solana with the stability and functionality of EVM-based Solidity smart contracts, laying the foundation for the next generation of DeFi and consumer applications through continuous transactions. (source link)

According to ChainCatcher news, the DeFi premium trading mechanism on-chain derivatives trading platform Coral Finance has announced the completion of a $1.5 million investment, led by Zebec Labs, which provides comprehensive ecological incubation support.Coral Finance is the first derivatives trading platform on Nautilus Chain, offering reliable and long-term liquidity solutions for ecological projects through an innovative premium pool, while also improving users' capital efficiency. In the later stages, the platform will focus on asset appreciation, asset circulation, and risk hedging to build a product matrix.It is reported that Nautilus Chain is a modular Layer 3 chain built on Eclipse and Celestia, launched by Zebec Protocol. Investment institutions include several leading investors such as Circle, Coinbase Ventures, Polychain, Shima Capital, Lightspeed Venture, DST Global, and OKX Ventures.

ChainCatcher news, PoseiSwap announced the completion of a $1.5 million strategic financing round, led by Zebec Labs, with participation from Eclipse and Notifi Network. This funding will be used to accelerate product development.It is reported that PoseiSwap is the first DEX on the Nautilus Chain, which announced its voting plan on March 27. Nautilus is a Layer 3 chain that helps scale L1 chains by batching transactions, thereby separating the consensus and execution layers. (source link)

ChainCatcher news, the Solana ecosystem flow payment protocol Zebec has established Zebec Labs and launched a $10 million ecosystem fund to support high-quality dApps in areas such as AI, DeFi, and gaming.Previously reported, in November 2022, the Zebec Foundation launched the $10 million ZBC initial ecosystem fund to develop and incentivize the Zebec Chain ecosystem, rewarding early validators and supporters. Additionally, the Horizon Fund II (ranging from $10 million to $15 million) will be launched during the testnet phase to support builders and developers on the Zebec chain; the Horizon Fund III (ranging from $50 million to $100 million) will be launched before the mainnet to further develop the ecosystem. (source link)

ChainCatcher news, recently, the payment protocol Zebec Protocol issued a clarification statement on its official Twitter, stating: "Zebec has no relationship or association with Protradex. They (Protradex) claim that the Zebec ecosystem is supporting them, but this is incorrect. As Zebec continues to develop, it is natural for projects to claim they are associated with us. As always, DYOR!"It is understood that a project called "Protradex," an NFT derivatives market, previously placed the Zebec project's logo in the partner section on its official website and displayed it publicly. The Zebec community believes that the Zebec Protocol project itself has no direct association with Protradex, including cooperation, investment, or even any basic intersection.Currently, the Zebec community is clarifying this matter through Twitter, hoping users can discern the market to avoid fraud.

ChainCatcher news, recently, the streaming payment protocol Zebec Protocol has reached a strategic partnership with the DeFi protocol CVL Network, which will use Zebec to meet their fast, secure, and easy payment needs. In addition, the "pre-chain" Nautilus Chain launched by Zebec Protocol is about to go live. This chain is an L3 chain with EVM compatibility, balancing privacy and compliance to prepare for the upcoming launch of Zebec Chain.Zebec Protocol, founded in 2021, is an on-chain salary streaming payment product with tax functionality and has been approved to join the Visa program. Zebec is based on the Zk-Rollup streaming payment public chain Zebec Chain solution, revealing the main advantages of privacy protection, high throughput, and compliance of this public chain, facilitating the integration of streaming payment features for more Web3 ecosystem applications, and is set to officially launch this year.

ChainCatcher news: The DEX Raydium liquidity pool on Solana has been attacked, resulting in losses exceeding $2 million. In response, the Zebec Protocol official stated that the ZBC token was not affected, and no ZBC token holders suffered losses as a result. Although a small portion of ZBC tokens flowed to the secondary market, the ZBC market was almost unaffected.Currently, the ZBC token has been removed from the Raydium liquidity pool, which means that there will be no further ZBC flowing to the market from Raydium.

ChainCatcher news, according to official sources, the streaming payment protocol Zebec Protocol will initiate a new round of negotiations with the Nepalese Ministry of Finance, aiming to promote the application of streaming payment services in the Nepalese market, with a collaboration led by Nepal expected to commence in Q3 2023. Additionally, Zebec Protocol founder Sam Thapaliya is set to participate in the campaign for the Nepalese Minister of Finance.It is reported that Zebec Protocol is the first Web3 project approved to join the Visa program, and both parties recently launched the Visa debit card Zebec Card, which can be used for cryptocurrency payments. The Zebec protocol was established in 2021 and is an on-chain salary streaming payment product with tax functionalities.Zebec has released a solution for the streaming payment public chain Zebec Chain based on Zk-Rollup, revealing the main advantages of this public chain in terms of privacy protection, high throughput, and compliance, facilitating the integration of streaming payment features for more Web3 ecosystem applications, and is set to officially launch in Q3 2023.

ChainCatcher news, the Solana ecosystem cash flow payment protocol Zebec announced the launch of a $10 million ZBC ecosystem fund Horizon Fund I to develop and incentivize the Zebec Chain ecosystem, rewarding early validators and supporters.In addition, Horizon Fund II (ranging from $10 million to $15 million) will be launched during the testnet phase to support builders and developers on the Zebec chain; Horizon Fund III (ranging from $50 million to $100 million) will be launched before the mainnet launch to further develop the ecosystem.Previously, Zebec stated that it plans to launch Zebec Chain in 2023, and the Zepoch nodes are already online. Running a Zepoch node will earn 20% of the protocol revenue as a reward, along with ZBC tokens and USDT airdrops, and users who refer others will also receive rewards. (source link)

ChainCatcher news, the Solana ecosystem cash flow payment protocol Zebec tweeted that as it approaches 500 Zepoch nodes, it will airdrop a total of 5 million ZBC tokens based on users' Zebec points. Additionally, more rewards will be provided for early Zepoch node holders; the more Zebec points users have, the larger their share of the 5 million ZBC token pool.ChainCatcher previously reported that Zebec completed a $28 million financing through public and private token sales in March this year and launched the ZBC token, with investments from Circle, Coinbase, Lightspeed, and others. (source link)

ChainCatcher news, the Solana ecosystem flow payment protocol Zebec announced today that it plans to launch its own L1 application chain, Zebec Chain, next year, along with the launch of Zepoch nodes and an incentive program. The official will distribute 30,000 Zepoch nodes, with a price increase of 0.5% for every 50 sold. In addition, holding Zepoch nodes will earn a 20% revenue reward and ZBC token airdrops.In August this year, Zebec completed a $8.5 million financing with a fully diluted valuation of $1 billion, with participation from Circle Ventures, Shima Capital, and Resolute Ventures. Earlier this year, Zebec partnered with Visa to join its Fintech Fast Track Program. (source link)