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KUALA LUMPUR, Oct 22, 2022 - (ACN Newswire) - ONE Championship(TM)(ONE) made a triumphant return to the Axiata Arena in Kuala Lumpur, Malaysia, with a thrilling night of martial arts action. ONE on Prime Video 3: Lineker vs. Andrade featured a series of exciting matchups, headlined by three World Title bouts.
ONE Championship, in partnership with leading premium lifestyle and luxury performance brand TUMI, presented the prestigious ONE World Title belt to the World Champions.

ONE on Prime Video 3 Photo Gallery: https://tinyurl.com/yn93zu83
ONE on Prime Video 3 Official Scorecards: https://tinyurl.com/3ejexxt6

The main event showdown between former ONE Bantamweight World Champion John Lineker and #2-ranked contender Fabricio Andrade ended in controversy midway through the third round, after Andrade connected with an unintentional knee to Lineker's groin.

The two bitter rivals traded bombs from the sound of the opening bell, with "Wonder Boy" looking to push forward behind a stinging right jab. Lineker found openings to land his thunderous hooks, rocking Andrade in the second round. However, the younger fighter did considerable damage to Lineker with his striking, causing the veteran's right eye to nearly close by the end of the frame.

In the third stanza, Andrade connected with a knee to the midsection and had Lineker reeling in pain. "Wonder Boy" tried to follow up with another knee, but it unintentionally landed south of the waistline. After a five-minute recovery period, Lineker could no longer continue. The fight was ruled a no contest and the ONE Bantamweight World Title now remains vacant.

In the co-main event, Regian Eersel became a two-sport ONE World Champion, capturing the inaugural ONE Lightweight Muay Thai World Title behind an efficient striking display against Thai star Sinsamut Klinmee. Action was fierce throughout the five-round contest, with both men trading combinations while taking each other's best shots. Sinsamut was game from start to end, wearing Eersel's damage on his face well. But the Dutch-Surinamese fighter was just too good, as "The Immortal" increased his aggression in the championship rounds to take the split-decision victory.

Teenage Brazilian Jiu-Jitsu sensation Kade Ruotolo captured the inaugural ONE Lightweight Submission Grappling World Title, defeating multi-time Sambo World Champion Uali Kurzhev via heel hook. Ruotolo was constantly on the attack, but once he trapped Kurzhev in a leg lock situation, the American grabbed ahold of the heel and put pressure on the knee to force the tap. Ruotolo also received a US$50,000 bonus for his performance.

In a featherweight kickboxing contest, Sitthichai Sitsongpeenong and Mohammed Boutasaa figured in an all-out war of attrition for three rounds. The two met each other at the center of the Circle and looked to trade bombs in the opening stanza. Boutasaa went on the offensive in round two, as Sitthichai opted to lay back and counter. In the third frame, the Thai star came alive, moving forward with a sense of purpose. In the end, all three judges saw the bout in favor of Sitthichai to win by unanimous decision.

ONE Championship newcomer Shamil Gasanov made quick work of #2-ranked featherweight MMA contender Kim Jae Woong in his promotional debut, submitting the South Korean dynamo with a rear-naked choke in the first round. Gasanov closed the distance early and swiftly took Kim's back with an explosive takedown. After a quick scramble, the Russian's left arm wound up underneath Kim's chin as he cranked out the rear-naked choke. His performance earned him a US$50,000 bonus.

READ: Gasanov, Miado, Grandjean Score Highlight-Reel Finishes In The MMA Fights At ONE On Prime Video 3: https://tinyurl.com/m7y9jdk3
READ: Sitthichai, Naito, Zatout Victorious At ONE On Prime Video 3: Lineker Vs. Andrade: https://tinyurl.com/2p9yvfe7

Performance bonus winners: Kade Ruotolo (US$50,000), Shamil Gasanov (US$50,000), Mehdi Zatout (US$50,000), Noelle Grandjean (US$50,000)

MAIN CARD
MMA - Catchweight (145.50 lbs): John Lineker vs. Fabricio Andrade is declared a no contest in round three
Muay Thai - Lightweight: Regian Eersel def. Sinsamut Klinmee via Split Decision
Submission Grappling - Catchweight (174.00 lbs): Kade Ruotolo def. Uali Kurzhev via Submission (Heel Hook) at 4:26
Kickboxing - Featherweight: Sitthichai Sitsongpeenong def. Mohammed Boutasaa via Unanimous Decision
MMA - Featherweight: Shamil Gasanov def. Kim Jae Woong via Submission (Rear-Naked Choke) at 2:09 of R1

LEAD CARD
MMA - Catchweight (127.00 lbs): Jeremy Miado def. Danial Williams via TKO at 0:31 of R3
Muay Thai - Flyweight: Taiki Naito def. Amir Naseri via Unanimous Decision
Muay Thai - Bantamweight: Mehdi Zatout def. Asa Ten Pow via TKO at 3:00 of R1
MMA - Catchweight (116.75 lbs): Noelle Grandjean def. Lea Bivins via TKO at 4:01 of R1

IN-STADIUM (AFTER EVENT)
MMA - Featherweight: Yoon Chang Min def. Keanu Subba via Unanimous Decision
MMA - Welterweight: Agilan Thani def. Ilja Stojanov via Submission (Rear-Naked Choke) at 1:48 of R2

About ONE Championship(TM)

ONE is the world's largest martial arts organization, ranking among the world's top five sports properties for viewership and engagement with a cumulative reach of over 400 million fans, according to Nielsen. ONE produces and distributes world-class events across more than 150 countries, featuring martial artists and World Champions from over 80 nations and all styles of martial arts including MMA, Muay Thai, kickboxing, Brazilian jiu-jitsu, and more. ONE can be viewed on many of the largest global free-to-air and digital broadcasters, including Prime Video Sports, ELEVEN Sports, Star Sports, Beijing TV, iQIYI, One Sports, Abema, IB, NET TV, Vidio, Startimes, Mediapro, Thairath TV, VieOn, Skynet, Mediacorp, Spark Sport, Match TV, Dubai Sports, RedeTV and more.

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comONE Championship(TM)(ONE) made a triumphant return to the Axiata Arena in Kuala Lumpur, Malaysia, with a thrilling night of martial arts action. ONE on Prime Video 3: Lineker vs. Andrade featured a series of exciting matchups, headlined by three World Title bouts.

Dubai, Dubai, 17th March, 2022, Itheum is pleased to announce an investment from Elrond, Mechanism Capital, and other crucial investors

The post has appeared first on thenewscrypto.com

Swing, a blockchain startup that enables cross-chain liquidity and liquidity aggregation across blockchains, announced that it has raised USD 6 Million in a strategic funding round from leading investors in the blockchain ecosystem. Housing several trading, lending, and borrowing protocols, the Ethereum ecosystem dominates the decentralized financial (DeFi) area. This has reverberated across the network, pushing Ethereum to its limits but also speeding up the pace of invention and experimentation. Swing leverages layer 1 and layer 2 solutions like Polygon, Binance Smart Chain, Avalanche, Solana, Arbitrum, and more to get past and challenge Ethereum’s performance restrictions. The strategic round of funding was led by Republic Capital and also saw participation from blockchain-centric VCs including Avalanche Labs, Bitcoin.com, Skynet EGLD Capital, Celer, Ascensive Assets, Haskey, Morningstar Ventures, Kane & Rao among others. With this round of strategic funding, Swing has achieved a valuation of USD 60 Million, making it one of the most sought-after projects in the DeFi space. With this successful fundraiser, Swing aims to fastrack its plans to launch APIs to aggregate major liquidity sources and bridges with the aim of enabling cross-chain liquidity and progress closer to its vision of decentralized liquidity across the DeFi multi-chain ecosystem. The funding will be utilized to propel Swing’s development and expansion of teams. The Future of DeFi: A Big Stride Towards Cross-Chain Infrastructure For The Internet The total value locked (TVL) in the DeFi space, a measure of the number of assets staked in a specific protocol, quadrupled in 2021 alone bringing its TVL to USD 201.55 Billion in 2022. The DeFi space has witnessed a boom of decentralized exchanges (DEXs) and protocols, the issue of sporadic liquidity is ever persistent. Further, DEX Aggregators find themselves restrained to connecting liquidity pools on the Ethereum chain thereby, limiting possibilities of multi-chain liquidity aggregation. While Ethereum is one of the most prominent chains for building protocols, it is no revelation that its network congestion and stark lack of scalability have resulted in high latency and soaring gas fees. It is vividly clear that blockchain interoperability is the need of the hour to resolve the issue of liquidity fragmentation on DEXs. This is why Swing is building an efficient cross-chain infrastructure for the internet which will compose and aggregate liquidity across blockchains and thereby, move assets across multiple ecosystems with minimum slippage. This is said to become an indispensable part of the DeFi ecosystem. By enabling cross-chain transactions, the project aims to bring in a new era of decentralized trading. With these features and offerings, Swing aims to be the Stripe for cross-chain transactions. Much like how Stripe enables websites and apps to take payments over their websites, Swing will simplify cross-chain swaps and transfers for developers and businesses with its much-awaited API product. By enabling cross-chain transactions, the project aims to bring in a new era of decentralized trading. By offering a cross-chain asset exchange and decentralized liquidity protocol that uses Layer 2 chains and major EVM networks, DeFi traders, investors & developers can use Swing to move crypto capital efficiently across blockchains. AMM dexes, yield farms, lending/borrowing and staking protocols will greatly benefit from Swing’s cross-chain bridging solution. Swing navigates across top protocols and exchanges on Layer 1 and 2 chains with its cross-chain bridges and intelligent algorithms to beat and match market swap prices. Swing is currently compatible with Ethereum, Polygon, Binance Smart Chain, Harmony, Avalanche, xDai, Moonriver, and Phantom and is said to expand to Solana, Harmony, Polkadot, Cardano, Optimism, and Near soon. Concluding Thoughts The coexistence and interoperability of multiple blockchains is a necessity for the continued growth and survival of the DeFi industry. In this light, the search for an efficient and simple cross-chain trading and liquidity aggregator is more important than ever. This is where Swing’s offering to go the last mile for crypto liquidity has become a critical part of the whole crypto infrastructure. Swing will be a one-of-a-kind gamechanger to empower developers, investors, and users all over the world to move crypto assets effortlessly using blockchain smart contracts, relayers, and cross-chain bridges. The future is multi-chain! Think multichain, Think Swing!  

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