Technology

Singapore, July 03, 2025 (GLOBE NEWSWIRE) -- The UPCX innovative open-source blockchain payment platform has announced a new staking event, offering a total reward pool of up to 10,000 UPC (approximately $38,000). The event will run fromJuly 1, 2025, to July 31, 2025, aiming to reward community supporters while promoting the continued development and long-term goals of the UPCX ecosystem.

 

UPCX leverages highly optimized blockchain technology, focusing on fast transactions, high security, and cross-chain interoperability to provide a seamless and convenient payment experience for users, merchants, and institutions. Its governance token,UPC, has been successfully listed on Japan’s compliant exchange BitTrade, as well as prominent platforms such as MEXC, Bitget, Gate.io, WEEX, and Websea.

How to Participate in the UPCX Staking Event

Event Period: July 1, 2025 – July 31, 2025

Official Staking Platform:https://upcx-staking.io/

Reward Claim Form:https://forms.gle/SYs8TwS8jVThEVcf7

Participation Steps

1. Visit the Official Staking PlatformGo to the UPCX official staking platform and connect your wallet.
2. Select Staking Amount and Lockup PeriodEnter the amount of UPC you wish to stake.   Available lockup periods:30 days,90 days, or180 days. Longer lockup periods offer higher reward coefficients.
3. Complete Authorization and Staking

First, complete the[Approve]authorization.
Then, click[Stake Now]to stake and confirm the transaction.
Gas fees incurred during authorization and staking will be reimbursed in equivalent $UPC to your staking wallet address after the event ends.

4. Submit Reward Claim InformationAfter staking, fill out the official reward claim form with your staking details and wallet address to ensure smooth reward distribution.
5. Await Reward DistributionAfter the event concludes, rewards will be distributed to your staking wallet based on the staked amount and lockup period.

The UPCX team reserves the right to the final interpretation of the event. For any questions, please contact official customer support or join the official community for assistance.

Reward Rules

1. Standard Reward Pool

Stake >10 UPC: Share1,500 UPC

Stake >500 UPC: Share2,500 UPC

Stake >1,000 UPC: Share4,000 UPC

2. Long-Term Lockup Bonus Pool

Stake ≥25 UPC, lock for 90 days: Share400 UPC

Stake ≥25 UPC, lock for 180 days: Share600 UPC

More about UPCX:

UPCX is a blockchain-based open-source payment platform that aims to provide secure, transparent, and compliant financial services to global users. It supports fast payments, smart contracts, cross-asset transactions, user-issued assets (UIA), non-fungible tokens (NFA), and stablecoins. Moreover, it offers a decentralized exchange (DEX), APIs, and SDKs, allows customized payment solutions, and integrates POS applications and hardware wallets for enhanced security, building a one-stop financial ecosystem.

UPCX Whitepaper 1.0
https://upcx.io/zh-CN/whitepaper/

UPCX Linktree
https://link3.to/upcx

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Dubai, UAE, July 03, 2025 (GLOBE NEWSWIRE) --

Stockholm, 3rd of July 2025 - Virtune today announces the completion of the monthly rebalancing for Virtune Crypto Top 10 Index ETP, listed on Nasdaq Stockholm for both the SEK-denominated (ISIN code SE0020052207, ticker name VIR10SEK) and the EUR-denominated (ISIN code SE0020052215, ticker name VIR10EUR) ETP.

In addition to the Virtune Crypto Top 10 Index ETP, Virtune's product portfolio includes:

Virtune Bitcoin ETP
Virtune Stellar ETP
Virtune Staked Ethereum ETP
Virtune Staked Solana
Virtune Staked Polkadot ETP
Virtune XRP ETP
Virtune Avalanche ETP
Virtune Litecoin ETP
Virtune Chainlink ETP
Virtune Arbitrum ETP
Virtune Staked Polygon ETP
Virtune Staked Cardano ETP
Virtune Crypto Altcoin Index ETP
Virtune Prime Bitcoin ETP
Virtune Coinbase 50 Index ETP

Index allocation as of 30th of June (before rebalancing):

Bitcoin: 42.02%
Ethereum: 30.73%
XRP: 13.36%
Solana: 8.21%
Cardano: 2.06%
Chainlink: 0.91%
Avalanche: 0.79%
Stellar Lumen: 0.77%
Litecoin: 0.68%
Uniswap: 0.47%

Index allocation as of 30th of June (after rebalancing):

Bitcoin: 40.00 %
Ethereum: 32.33 %
XRP: 13.58 %
Solana: 8.11 %
Cardano: 2.25 %
Chainlink: 0.91 %
Stellar: 0.83 %
Avalanche: 0.80 %
Litecoin: 0.69 %
Uniswap: 0.50 %

In connection with this month's rebalancing, there is no change in the crypto assets included in the index. Virtune Crypto Top 10 Index ETP SEK outcome for June was -0.85%.

The rebalancing is carried out according to the index that the ETP tracks, the Virtune Vinter Crypto Top 10 Index. The purpose of the monthly rebalancing is to ensure that the ETP always reflects the current market conditions and to effectively absorb volatility in the crypto market.

In June, the crypto markets showed varied developments. Uniswap led the gains with a notable +17.8% increase, followed by XRP at +2.95% and Bitcoin at +2.40%. These three were the only assets in the Virtune Crypto Top 10 Index ETP to end the month in positive territory. Most other assets declined. Solana and Litecoin saw modest drops of -1.08% and -1.12%, while Ethereum fell slightly more at -1.62%. Chainlink posted a deeper loss of -4.25%. The weakest performers were Avalanche and Cardano, down -13.7% and -16.6% respectively.

The performance of the crypto assets included in Virtune Crypto Top 10 Index ETP in June:

Uniswap: +17.8%
XRP: +2.95%
Bitcoin: +2.40%
Solana: -1.08%
Litecoin: -1.12%
Ethereum: -1.62%
Chainlink: -4.25%
Avalanche: -13.7%
Cardano: -16.6%

Virtune's crypto index ETP is the first of its kind in the Nordic region. The ETP includes up to 10 leading crypto assets that are part of the Nasdaq Crypto Index, based on their total market capitalization, with a maximum weight of 40% per crypto asset to promote diversification. This allows investors to benefit from broad exposure to the crypto market without being heavily concentrated in any single crypto asset.

If you, as an (institutional) investor, are interested in meeting with Virtune to discuss the opportunities our ETPs offer for your asset management services or to learn more about Virtune and our ETPs, please do not hesitate to contact us at hello@virtune.com. You can also read more about Virtune and our ETPs at www.virtune.com and register your email address on our website to subscribe to our newsletters, which cover updates on Virtune's upcoming ETP launches and other news related to digital assets.

Press contact

Christopher Kock, CEO Virtune AB (Publ)
Christopher@virtune.com
+46 70 073 45 64

Virtune with its headquarters in Stockholm is a regulated Swedish digital asset manager and issuer of crypto exchange traded products on regulated European exchanges. With regulatory compliance, strategic collaborations with industry leaders and our proficient team, we empower investors on a global level to access innovative and sophisticated investment products that are aligned with the evolving landscape of the global crypto market.

New York City, NY, July 03, 2025 (GLOBE NEWSWIRE) -- Tribal loans online provide financial aid to those who need urgent cash to fulfill their emergent needs. Now there is no need to beg your relatives and friends for cash when you need finance for those emergencies. Upper Lake Lending is pleased to launch its tribal loan matching service designed for such needs. The majority of people are not willing to go for any loan due to their poor credit records. Such people think that no one will ever provide a loan to them. But now the time has changed. With the competition in the market, tribal lenders with guaranteed approval from Upper Lake Lending are coming up with newer and newer ways of borrowing money. No credit check tribal cash advance is a right choice for them. These advances can be utilized to clear off numerous expenses such as vehicle repair expenses, home renovation expenses, power bills, medical bills, schooling fees, and holiday tours.