Author: CryptoCurrencyNews

CoolWallet Strengthens Security with Enhanced Transaction Confirmation

TAIPEI, March 7, 2025 /PRNewswire/ — Recent cyberattacks targeting multisig wallets have highlighted critical security gaps. Hackers have exploited transaction manipulation techniques, deceiving users into approving unauthorized transfers, leading to substantial asset losses. These incidents emphasize the urgent need for robust transaction verification mechanisms.

To address this, CoolWallet by CoolBitX has introduced Transaction Confirmation Simulation, a new feature available for CoolWallet Pro, CoolWallet S, and CoolWallet HOT users. This function enables users to preview full on-chain asset movements before signing a transaction, reducing risks associated with fraudulent transactions.

Key Benefits of CoolWallet’s Transaction Confirmation

  • Full Asset Movement Preview – Simulates and displays actual outgoing amounts and receiving addresses before signing, ensuring accuracy.
  • Anomaly Detection – Identifies discrepancies between expected and actual transactions, alerting users to potential threats.
  • Real-Time Alerts – Sends notifications for suspicious activity before users finalize approvals.

This enhancement significantly reduces the risks associated with blind signing. Hackers often manipulate smart contracts or user interfaces to trick signers into unknowingly authorizing malicious transactions. With CoolWallet’s improved transaction preview, users can thoroughly verify details before confirming, ensuring secure asset management.

Smart Scan Technology: An Additional Security Layer

Beyond transaction verification, CoolWallet has integrated Smart Scan technology in partnership with Blockaid to further strengthen security:

  • Detects phishing attempts and malicious smart contracts in real time.
  • Analyzes transaction risks and provides immediate alerts on potential threats.
  • Seamlessly integrates with DeFi and Web3 applications for enhanced protection.

Strengthening Blockchain Security Standards

While these security upgrades provide advanced protection, users must also adopt strong security habits. CoolWallet recommends:

  • Using a hardware wallet for storing high-value crypto assets.
  • Enabling multi-factor authentication (MFA) to secure exchange accounts.
  • Keeping security tools updated and staying informed about emerging threats.

About CoolWallet

CoolWallet is a leading provider of crypto hardware wallets, offering secure and user-friendly digital asset management solutions. Its product lineup, including CoolWallet Pro, CoolWallet S, and CoolWallet HOT, supports multiple cryptocurrencies and integrates seamlessly with DeFi and Web3 ecosystems.

Official Website: coolwallet.io
X (Twitter): coolwallet

Photo – https://www.007stockchat.com/wp-content/uploads/2025/03/CoolWallet.jpg

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SOL ARENA USHERS IN A NEW ERA OF CASUAL GAMING AND CRYPTO WAGERING ON SOLANA, WITH $CHILL TOKEN LAUNCHING SOON

  • SOL Arena, the Web3 multiplayer battle game developed by Chillchat ,will launch its $CHILL token at end-March 2025, following its sold-out Challengers NFT mint on Magic Eden on February 6, 2025.
  • Delivering a fresh take on snake-like gameplay on the Solana blockchain, SOL Arena has attracted 80,000+ global players since its Open Beta launch in September 2024.
  • Backed by Solana Ventures, Crypto.com Capital, and Big Brain Holdings, Chillchat aims to pioneer innovation in Web3 gaming by marrying casual gameplay with high-stakes crypto wagering in massive real-time battles.

BANGKOK, March 6, 2025 /PRNewswire/ — SOL Arena, a high-stake multiplayer battle game powered by Solana and now live in Open Beta, will launch its $CHILL token at end-March 2025, which will allow players to wager $CHILL in real-time crypto battles, or stake for in-game and ecosystem rewards. After welcoming more than 80,000 players worldwide since its Open Beta began on September 20, 2024, SOL Arena’s highly anticipated $CHILL token launch follows a sold-out Challengers NFT mint on Magic Eden last month.

SOL Arena, the Web3 multiplayer battle game developed by Chillchat Games, will launch its $CHILL token at end-March 2025.

Developed by Chillchat, a Bangkok-based Web3 gaming studio, SOL Arena unites casual snake-style gameplay with massive real-time battles and large-scale crypto wagering. By pairing the simplicity of casual gaming with the thrill of real crypto stakes, SOL Arena delivers a fresh take on Web3 gaming on Solana — appealing to both casual gamers and competitive enthusiasts.

To support its continued growth and development, Chillchat previously secured US$8.69M in seed funding, led by Solana Ventures, Crypto.com Capital, and Big Brain Holdings. Matt Beck, Head of Investments at Solana Ventures said: “SOL Arena is introducing a new way to engage with crypto gaming — where every match matters because there’s something real at stake. This is exactly the kind of innovation that will drive Web3 gaming forward.”

SOL Big Brain of Big Brain Holdings said: “I’m hyped to see how SOL Arena evolves over time. Its approach to merging casual gaming with real-time wagering is already making waves in the Solana community.”

A New Era of Web3 Gaming: Real-Time Crypto Wagering at Scale
SOL Arena merges the simplicity of popular multiplayer snake games with intense extraction gameplay, allowing up to 50 players to compete in real-time battles to collect noCHILL, outmaneuver opponents, and strategically withdraw their winnings. The upcoming High Roller Mode will introduce crypto wagering with $CHILL, raising the stakes for both casual players and high-level competitors. SOL Arena integrates the dynamic, community-driven Solana ecosystem directly into the game, where memecoin projects, NFT communities, and token holders unite under shared teams.

“Our vision is to merge casual gaming with degenerate memecoin activity and crypto network effects,” said James Au, CEO and Game Director of Chillchat, “to deliver an exciting new player experience that redefines the thrill of ‘winning’.”

What’s Next? Token Launch and Mobile Play
Following the Challengers NFT mint in February 2025, SOL Arena’s next significant milestone is the launch of its ecosystem token, $CHILL, at the end of March.

The $CHILL token fuels SOL Arena’s in-game economy, allowing players to wager it in High Roller mode, or stake it to earn in-game rewards. Players can qualify for a $CHILL airdrop by playing the game and extracting noCHILL, or by holding Chillchat Origin or SOL Arena Challengers’ NFTs.

The official launch of the SOL Arena game, which will introduce new features such as Seasons, will include mobile versions for both iOS and Android available in mid-2025.

Join the SOL Arena Battles Now
SOL Arena is free to play now at solarena.io. Jump in, collect and extract noCHILL, and start climbing the leaderboards to secure your spot in the upcoming $CHILL airdrop.

For more on SOL Arena:
Website
Discord
X (Twitter)
Telegram

About Chillchat
Chillchat is a Bangkok-based Web3 gaming studio dedicated to creating fun, accessible, and innovative blockchain-powered experiences. SOL Arena is the studio’s flagship title, merging traditional gaming fundamentals with real crypto stakes, all secured by Solana’s lightning-fast network. With an aim to pioneer the next generation of Web3 gaming, Chillchat invests in bold ideas that blend community engagement, financial incentives, and immersive gameplay.

Photo – https://www.007stockchat.com/wp-content/uploads/2025/03/SOL_Arena_Web3_multiplayer_battle_game_developed_Chillchat_Games_launch.jpg

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Riot Announces February 2025 Production and Operations Updates

Riot Produces 470 Bitcoin in February 2025

CASTLE ROCK, Colo., March 4, 2025 /PRNewswire/ — Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for February 2025.  

Bitcoin Production and Operations Updates for February 2025







Comparison (%)

Metric


February 2025 1

January 2024 1

February 2024


Month/Month

Year/Year

Bitcoin Produced


470

527

418


-11 %

12 %

Average Bitcoin Produced per Day

16.8

17.0

14.4


-1 %

16 %

Bitcoin Held 2


18,692

18,221

8,067


3 %

132 %

Bitcoin Sold



N/A

N/A

Bitcoin Sales – Net Proceeds



N/A

N/A

Average Net Price per Bitcoin Sold

N/A

N/A

N/A


N/A

N/A

Deployed Hash Rate – Rockdale 2

15.0 EH/s

15.0 EH/s

12.4 EH/s


0 %

21 %

Deployed Hash Rate – Corsicana 2

15.7 EH/s

15.7 EH/s


0 %

N/A

Deployed Hash Rate – Kentucky 2

2.9 EH/s

2.8 EH/s

N/A


3 %

N/A

Deployed Hash Rate – Total 2


33.6 EH/s

33.5 EH/s

12.4 EH/s


0 %

171 %

Avg. Operating Hash Rate – Rockdale 3

12.9 EH/s

12.7 EH/s

8.5 EH/s


2 %

52 %

Avg. Operating Hash Rate – Corsicana 3

13.9 EH/s

14.2 EH/s


-2 %

N/A

Avg. Operating Hash Rate – Kentucky 3

2.6 EH/s

2.4 EH/s

N/A


7 %

N/A

Avg. Operating Hash Rate – Total 3

29.4 EH/s

29.3 EH/s

8.5 EH/s


0 %

246 %

Power Credits 4


$2.1 million

$3.2 million

$0.7 million


-36 %

180 %

Demand Response Credits 5


$0.7 million

$1.0 million

$0.2 million


-25 %

249 %

Total Power Credits


$2.8 million

$4.2 million

$1.0 million


-33 %

196 %

All-in Power Cost – Rockdale 6


3.5c/kWh

3.4c/kWh

4.0c/kWh


4 %

-11 %

All-in Power Cost – Corsicana 6


3.7c/kWh

3.4c/kWh

N/A


8 %

N/A

All-in Power Cost – Kentucky 6


4.0c/kWh

3.9c/kWh

N/A


4 %

N/A

All-in Power Cost – Total 6


3.6c/kWh

3.4c/kWh

4.0c/kWh


7 %

-8 %

Fleet Efficiency 2


21.0 J/TH

21.1 J/TH

27.0 J/TH


-1 %

-22 %

  1. Unaudited, estimated.
  2. As of month-end.
  3. Average over the month.
  4. Estimated power curtailment credits.
  5. Estimated credits received from participation in ERCOT and MISO demand response programs.
  6. Estimated. Inclusive of all transmission and distribution charges, fees, adders, and taxes. Net of Total Power Credits.

“Riot mined 470 bitcoin in February, with total production impacted by planned maintenance, elevated curtailment driven by higher power prices as a result of colder weather, and a shortened month,” said Jason Les, CEO of Riot. “In spite of these factors which impacted total production, ongoing improvements in utilization and operational efficiencies across all our facilities meant that bitcoin produced per day declined only 1% in February, relative to the prior month.

“Our AI/HPC process remains our top priority, and we have been encouraged by the strong demand we see in the market. The Corsicana Facility represents a unique opportunity to access up to 1.0 gigawatt of power by 2026 in near proximity to the Tier 1 data center market of Dallas, Texas, and we will continue to aggressively pursue an outcome that best maximizes the value of Riot’s assets.”

Riot's Corsicana Facility

Investor Events

  • Cantor Fitzgerald Global Technology Conference held in New York City, NY, March 11th-12th.
  • 37th Annual Roth Conference held in Dana Point, CA, March 17th-18th.

Human Resources Update   

Riot is currently recruiting for positions across the Company. Join our team in building, expanding, and securing the Bitcoin network.  

Open positions are available at: https://www.riotplatforms.com/careers.    

About Riot Platforms, Inc.   

Riot’s (NASDAQ: RIOT) vision is to be the world’s leading Bitcoin-driven infrastructure platform. Our mission is to positively impact the sectors, networks, and communities that we touch. We believe that the combination of an innovative spirit and strong community partnership allows the Company to achieve best-in-class execution and create successful outcomes.   

Riot is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. The Company has Bitcoin mining operations in central Texas and Kentucky, and electrical engineering and fabrication operations in Denver, Colorado, and Houston, Texas.

For more information, visit www.riotplatforms.com.

Safe Harbor   

Statements in this press release that are not historical facts are forward-looking statements that reflect management’s current expectations, assumptions, and estimates of future performance and economic conditions. Such statements rely on the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as “anticipates,” “believes,” “plans,” “expects,” “intends,” “will,” “potential,” “hope,” similar expressions and their negatives are intended to identify forward-looking statements. These forward-looking statements may include, but are not limited to, statements relating to the Company’s development at its Corsicana Facility and the Company’s plans, projections, objectives, expectations, and intentions about future events and trends that it believes may affect the Company’s financial condition, results of operations, business strategy, short-term and long-term business operations and objectives and financial needs. These forward-looking statements are subject to a number of risks and uncertainties, including, without limitation: risks related to the Company’s growth, the anticipated demand for AI/HPC uses, the feasibility of developing the Company’s power capacity for AI/HPC uses, competition in the markets in which the Company operates, market growth, the Company’s ability to innovate and expand into new markets, the Company’s ability to realize benefits from its implementation of new strategies into its business, estimates of Bitcoin production; our future hash rate growth (EH/s); the anticipated benefits, construction schedule, and costs associated with the development of our mining facilities in Texas, Kentucky and elsewhere; our expected schedule of new miner deliveries; our access to electrical power; the impact of weather events on our operations and results; our ability to successfully deploy new miners; the variance in our mining pool rewards may negatively impact our results of Bitcoin production; our megawatt capacity under development; risks related to the Company’s inability to realize the anticipated benefits from immersion cooling; the inability to integrate acquired businesses successfully, or such integration may take longer or be more difficult, time-consuming or costly to accomplish than anticipated; or the failure of the Company to otherwise realize anticipated efficiencies and strategic and financial benefits from our business strategies. Detailed information regarding the factors identified by the Company’s management which they believe may cause actual results to differ materially from those expressed or implied by such forward-looking statements in this press release may be found in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”), including the risks, uncertainties and other factors discussed under the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, as amended, and the other filings the Company makes with the SEC, copies of which may be obtained from the SEC’s website, www.sec.gov. All forward-looking statements included in this press release are made only as of the date of this press release, and the Company disclaims any intention or obligation to update or revise any such forward-looking statements to reflect events or circumstances that subsequently occur, or of which the Company hereafter becomes aware, except as required by law. Persons reading this press release are cautioned not to place undue reliance on such forward-looking statements.   

Investor Contact:   
Phil McPherson   
303-794-2000 ext. 110
IR@Riot.Inc   

Media Contact:   
Alexis Brock   
303-794-2000 ext. 118
PR@Riot.Inc   


Riot Logo (PRNewsfoto/Riot Platforms, Inc.)

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SOURCE Riot Platforms, Inc.

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OKX to Celebrate European Expansion with Exclusive Event at Malta’s Fort Manoel

  • Event to Feature Major Business Announcement and Celebrity Guests

VALLETTA, Malta, March 4, 2025 /PRNewswire/ — OKX, a leading onchain technology company, announced today that it will host an exclusive celebration at Fort Manoel on Manoel Island in Valletta, Malta, on Wednesday 12 March. The event will mark OKX’s milestone achievement as the first global crypto to secure a full MiCA license and the launch of its operations across the EU.


(PRNewsfoto/OKX)

Bringing together influential policymakers, financial regulators, industry leaders, and high-profile guests from the worlds of sports and entertainment, the event will highlight OKX’s commitment to innovation, compliance, and seamless crypto experiences for European users. The evening will also feature a major business announcement, underscoring the company’s ambitious plans for the region.

OKX CMO Haider Rafique said: “Our upcoming Malta event celebrates our success in bringing a fully regulated and seamless experience to European customers. The MiCA license showcases our commitment to transparency, regulatory compliance, and the highest standards of operations, and it’s just the beginning of our story in the region. Stay tuned — there’s another big announcement to come in Malta very soon.”

Europe is a key growth region market for OKX, the MiCA license highlights the company’s global vision and dedication to compliance in all major jurisdictions worldwide. MiCA regulations bring enhanced protections for customers, including stronger safeguards around asset security, transparency, and dispute resolution. These protections complement OKX’s cutting-edge technology and commitment to transparency, which have helped the company to become one of the largest cryptocurrency exchanges by trading volume.

OKX Europe customers now have access to OKX’s fully-regulated crypto exchange products under the MiCA licensing framework, including OTC trading, spot trading, and bot trading, for 240+ cryptocurrency tokens across 300+ trading pairs, and 60+ Euro-based trading pairs. The OKX website and mobile app also features local language customization, local currency displays, and local-language customer support across markets.

Learn more at okx.com

ENDS

About OKX

OKX is a technology company with a mission to organize the world’s blockchains and make them more accessible and useful.

We want to create a future that makes our world more efficient, transparent and connected.

OKX began as a crypto exchange giving millions of people access to trading and over time became among the largest platforms in the world. In recent years, we have developed one of the most connected onchain wallets used by millions to access decentralized applications (dApps).

OKX is a brand trusted by hundreds of large institutions seeking access to crypto markets on a reliable platform that seamlessly connects with global banking and payments.

Our most well-known products include: The OKX Exchange, OKX Wallet, OKX Marketplace, OKX Explorer, OKX Chain and OS for developers, OKX Ventures and OKX Institutional Services. To learn more about OKX, download our app or visit: okx.com

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SOURCE OKX

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Valour Expands Digital Asset Offerings with the Launch of Valour Dogecoin, Valour Aptos, Valour Sui, and Valour Render ETPs on Börse Frankfurt in Germany

TORONTO, March 3, 2025 /PRNewswire/ – DeFi Technologies Inc. (the “Company” or “DeFi Technologies“) (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance (“DeFi“), is pleased to announce that its subsidiary Valour Inc. (“Valour“), a leading issuer of exchange traded products (“ETPs“) that provide simplified access to digital assets, has launched of four new digital asset ETPs on the Börse Frankfurt exchange: Valour Dogecoin (DOGE) EUR ETP, Valour Aptos (APT) EUR ETP, Valour Sui (SUI) EUR ETP, and Valour Render (RENDER) EUR ETP. These new products expand Valour’s commitment to offering investors seamless, secure, and cost-effective exposure to the most innovative digital assets in the market.


DeFi Technologies logo (CNW Group/DeFi Technologies Inc.)

Introducing New ETPs for Emerging Digital Assets

Valour Dogecoin (DOGE) EUR ETP (ISIN: CH1108679791)

Dogecoin (DOGE) is one of the most recognized and actively used cryptocurrencies, originally introduced in 2013 as a parody but now serving as a widely adopted digital currency. With a market capitalization of approximately $30.64 billion, DOGE ranks as the 8th largest digital asset globally. It is known for its strong community, fast transaction speeds, and usability for microtransactions, tipping, and merchant payments. The Valour Dogecoin ETP allows investors to gain exposure to DOGE‘s performance without the complexities of direct cryptocurrency ownership, featuring a competitive management fee of 1.9%.

Valour Aptos (APT) EUR ETP (ISIN: CH1108679783)

Aptos (APT) is a next-generation Layer 1 blockchain designed for scalability, reliability, and security. Powered by its innovative Move programming language, Aptos enables fast transactions and a developer-friendly ecosystem. It is focused on advancing Web3 usability and adoption, providing infrastructure for NFTs, DeFi, and beyond. With a market capitalization of $6.19 billion, Aptos ranks 31st globally among digital assets. The Valour Aptos ETP grants investors seamless exposure to the Aptos blockchain ecosystem.

Valour Sui (SUI) EUR ETP (ISIN: CH1108679080)

Sui (SUI) is an innovative blockchain designed for high throughput and instant finality, making it ideal for applications such as gaming and finance. Sui utilizes an object-centric approach that allows for the independent validation of transactions, leveraging a Byzantine fault-tolerant proof-of-stake (PoS) consensus mechanism. With a market capitalization of $28.01 billion, Sui ranks 15th among digital assets worldwide. The Valour Sui ETP provides investors with access to this advanced blockchain, featuring a 1.9% management fee.

Valour Render (RENDER) EUR ETP (ISIN: CH1108679783)

Render (RENDER) is the native cryptocurrency of the Render Network, a decentralized GPU-based rendering platform that optimizes computational power for visual effects, gaming, and digital design. The Render Network enables cost-effective and scalable rendering solutions, fostering innovation across the creative industries. With a market capitalization of $2.26 billion, Render ranks 49th globally among digital assets. The Valour Render ETP offers investors exposure to the expanding world of decentralized computing and digital content creation.

Bringing Innovation to European Investors

With the introduction of these four new ETPs, Valour continues to expand its portfolio of digital asset investment products, offering European investors diversified and institutional-grade access to the cryptocurrency market. Valour’s ETPs provide a seamless entry point for investors looking to gain exposure to emerging blockchain technologies without the need for direct ownership or complex custody solutions.

“We are excited to bring Valour Dogecoin, Valour Aptos, Valour Sui, and Valour Render ETPs to the Börse Frankfurt exchange,” said Olivier Roussy Newton, CEO of Valour. “These new listings underscore our commitment to delivering innovative and accessible digital asset investment solutions to the European market. By offering secure and transparent exposure to some of the most promising protocols, we continue to drive the adoption of digital assets among institutional and retail investors alike.”

“After successfully launching 20 products in the Nordics in December, we are now enhancing our product range in Germany with the most sought-after underlying digital assets. Investor demand for diversified crypto exposure continues to rise, and Aptos, Sui, Render, and Dogecoin stand out as some of the most compelling assets in the market. This launch reinforces our commitment to providing institutional-grade access to the digital asset space, aligned with market trends and investor needs.” said Johanna Belitz, Head of Nordics

About DeFi Technologies
DeFi Technologies Inc. (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF) is a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance (DeFi). With a dedicated focus on industry-leading Web3 technologies, DeFi Technologies aims to provide widespread investor access to the future of finance. Backed by an esteemed team of experts with extensive experience in financial markets and digital assets, we are committed to revolutionising the way individuals and institutions interact with the evolving financial ecosystem. Follow DeFi Technologies on Linkedin and Twitter, and for more details, visit https://defi.tech/ 

About Valour
Valour Inc. and Valour Digital Securities Limited (together, “Valour“) issues exchange traded products (“ETPs”) that enable retail and institutional investors to access digital assets in a simple and secure way via their traditional bank account. Valour is part of the asset management business line of DeFi Technologies Inc. (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF). For more information about Valour, to subscribe, or to receive updates, visit  valour.com.

Cautionary note regarding forward-looking information: 
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the listing of ETPs; the development and prospects of the underlying digital assets; investor confidence in Valour’s ETPs; investor interest and confidence in digital assets;  the regulatory environment with respect to the growth and adoption of decentralized finance and digital assets; the pursuit by the Company and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the growth and development of decentralised finance and digital asset sector; rules and regulations with respect to decentralised finance and digital assets; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

THE CBOE CANADA EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

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SOURCE DeFi Technologies Inc.

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