Quality proved by the experts 💎
We have received an audit report from Hacken that contains our score in terms of safety, architecture, and other important metrics. You guessed it, it’s 10 out of 10!
Hacken is an international cybersecurity company with a mission to make Web3 a safer place by contributing to security standards.
The link to the audit will be posted when the Mainnet is launched. Enjoy safety on WB Network!
We have received an audit report from Hacken that contains our score in terms of safety, architecture, and other important metrics. You guessed it, it’s 10 out of 10!
Hacken is an international cybersecurity company with a mission to make Web3 a safer place by contributing to security standards.
The link to the audit will be posted when the Mainnet is launched. Enjoy safety on WB Network!
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Hurrah! We have finally released the Mainnet 🥳
All WB Souls created on the Testnet before the 3 of August were transferred to the Mainnet. Our users can also enjoy another benefit of having WBT in Holding: SoulDrop. Because of the migration, the starting date for all WB Souls with WBT in Holding has been set to the 3 of August. Learn more here.
To celebrate the Mainnet we will give out the long-awaited retrodrop rewards. The results are almost here. Don’t miss it!
You will be able to claim the reward in three hours. To do it, you need to have WBT on WB Network in your wallet. So use this time to make sure you’re all set!
All WB Souls created on the Testnet before the 3 of August were transferred to the Mainnet. Our users can also enjoy another benefit of having WBT in Holding: SoulDrop. Because of the migration, the starting date for all WB Souls with WBT in Holding has been set to the 3 of August. Learn more here.
To celebrate the Mainnet we will give out the long-awaited retrodrop rewards. The results are almost here. Don’t miss it!
You will be able to claim the reward in three hours. To do it, you need to have WBT on WB Network in your wallet. So use this time to make sure you’re all set!
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More than just a token 😉
Since WBT is the native cryptocurrency of WB Network, its name is now changed to WhiteBIT Coin. Apart from WB Network, it will still continue to support the ERC-20 and TRC-20 standards.
The retrodrop will take place on WB Network. To receive it, the participants need to have WBT on WB Network in their wallet. To make the process of reward claiming easier, we have made the withdrawal of WBT from WB Network fee-free.
Deposits and withdrawals on the new network are already available. Enjoy trading!
Since WBT is the native cryptocurrency of WB Network, its name is now changed to WhiteBIT Coin. Apart from WB Network, it will still continue to support the ERC-20 and TRC-20 standards.
The retrodrop will take place on WB Network. To receive it, the participants need to have WBT on WB Network in their wallet. To make the process of reward claiming easier, we have made the withdrawal of WBT from WB Network fee-free.
Deposits and withdrawals on the new network are already available. Enjoy trading!
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Drumroll, please 🥁
We are very excited to announce the launch of the WB Network website! This is the place where you can learn all about our blockchain, find out the results of the security audit, and scroll through the White paper. And do lots of other stuff, of course.
Go to the website and discover the new chapter of our story with us!
We are very excited to announce the launch of the WB Network website! This is the place where you can learn all about our blockchain, find out the results of the security audit, and scroll through the White paper. And do lots of other stuff, of course.
Go to the website and discover the new chapter of our story with us!
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Time to get your hands on the prize 🏆
We are excited to reveal that we have:
✔️ 17 500 participants
✔️ 100 000 WBT prize fund
Activity on the Testnet, missions on Zealy, and the level of WBT in Holding had the biggest influence on each participant’s reward. We have also added a few factors that could change the size of the reward: time of being a WhiteBIT user, participation in the WBT public sale, trading activity, receiving NFTs from WhiteBIT or prizes in FaceIT activities, VIP status, and contributing to community development.
To get your reward, you need to:
1. Go to the smart contract.
2. Connect your wallet (make sure you have some WBTs on WB Network in it for the fees).
3. Click “Write”.
4. Confirm the transaction in your wallet.
And wait for your reward!
By the way, the Bug Bounty rewards were also sent directly to the addresses of those users, who successfully helped us look for bugs.
We are excited to reveal that we have:
✔️ 17 500 participants
✔️ 100 000 WBT prize fund
Activity on the Testnet, missions on Zealy, and the level of WBT in Holding had the biggest influence on each participant’s reward. We have also added a few factors that could change the size of the reward: time of being a WhiteBIT user, participation in the WBT public sale, trading activity, receiving NFTs from WhiteBIT or prizes in FaceIT activities, VIP status, and contributing to community development.
To get your reward, you need to:
1. Go to the smart contract.
2. Connect your wallet (make sure you have some WBTs on WB Network in it for the fees).
3. Click “Write”.
4. Confirm the transaction in your wallet.
And wait for your reward!
By the way, the Bug Bounty rewards were also sent directly to the addresses of those users, who successfully helped us look for bugs.
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How will it work? ⚙️
We have decided to partially transfer the unlocked portion of four WBT funds to WB Network. This is needed to ensure the work and further development of the blockchain.
To make sure that this operation doesn’t affect the total supply of WBT, we burned the amount of WBT on the Tron network and minted an equal amount on WB Network.
◾️From the Liquidity fund: 6 000 000 WBT to provide liquidity and WBT withdrawal on WB Network.
◾️From the User Engagement fund: 8 625 000 WBT for conducting retrodrop, Bug Bounty, SoulDrop, and other future marketing activities.
◾️From the Ecosystem fund: 6 000 000 WBT for the grant program for projects on WB Network.
We have decided to partially transfer the unlocked portion of four WBT funds to WB Network. This is needed to ensure the work and further development of the blockchain.
To make sure that this operation doesn’t affect the total supply of WBT, we burned the amount of WBT on the Tron network and minted an equal amount on WB Network.
◾️From the Liquidity fund: 6 000 000 WBT to provide liquidity and WBT withdrawal on WB Network.
◾️From the User Engagement fund: 8 625 000 WBT for conducting retrodrop, Bug Bounty, SoulDrop, and other future marketing activities.
◾️From the Ecosystem fund: 6 000 000 WBT for the grant program for projects on WB Network.
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We’ve heard some of you are waiting for a Launchpad…? Well, we are now choosing the first project among our candidates 😉
Drop a comment if you’re as thrilled as we are 🙋♂️
Drop a comment if you’re as thrilled as we are 🙋♂️
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New Interest Rates for Margin Trading and Crypto Lending
Not so long ago, we lowered the interest rate for using borrowed funds, and we’re doing it again! We are pleased to announce that on August 21 the fee for using borrowed funds within margin trading will decrease from 0.078% to 0.0585%! Due to this, the interest rates for Crypto Lending plans and the plans themselves will change.
Not so long ago, we lowered the interest rate for using borrowed funds, and we’re doing it again! We are pleased to announce that on August 21 the fee for using borrowed funds within margin trading will decrease from 0.078% to 0.0585%! Due to this, the interest rates for Crypto Lending plans and the plans themselves will change.
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How to get more?
Deposit 3000+ ACH before 1 p.m. (UTC) on the 7th of August and hold them until the winners are announced on the 10th of August to get a chance to become one of the 10 winners who will share the 20 000 ACH prize pool. Read more about the conditions in the blog.
Deposit 3000+ ACH before 1 p.m. (UTC) on the 7th of August and hold them until the winners are announced on the 10th of August to get a chance to become one of the 10 winners who will share the 20 000 ACH prize pool. Read more about the conditions in the blog.
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Crypto Weekends
Now it’s time to read! Check out our read of the week — “Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money.”
Digital Gold is a brilliant and fascinating story by Nathaniel Popper, a New York Times reporter, about Bitcoin, digital money, and new financial technology. The author explains the background to the creation of digital assets and traces the history of Bitcoin’s development, starting with the enigmatic Satoshi Nakamoto and ending with the large-scale impact on the financial system today. The book tells about inventive enthusiasts and clever investors who tried to find a new approach and overturn the idea of economic standards.
Now it’s time to read! Check out our read of the week — “Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money.”
Digital Gold is a brilliant and fascinating story by Nathaniel Popper, a New York Times reporter, about Bitcoin, digital money, and new financial technology. The author explains the background to the creation of digital assets and traces the history of Bitcoin’s development, starting with the enigmatic Satoshi Nakamoto and ending with the large-scale impact on the financial system today. The book tells about inventive enthusiasts and clever investors who tried to find a new approach and overturn the idea of economic standards.
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