Welcome to Finance Redefined, a weekly newsletter designed to bring you the most important events of the past week, providing essential insights into decentralized finance (DeFi).This week, Republican presidential candidate Donald Trump is gearing up to launch a DeFi platform that will likely include crypto lending and borrowing capabilities. The candidate is “embracing the future with crypto.”In the broader crypto space, Uniswap CEO Hayden Adams has denied allegations that he requested funds to build DeFi protocols via a decentralized governance vote on Uniswap.Trump to Launch World Liberty Financial Cryptocurrency Platform on September 16Former President and Republican presidential candidate Trump’s World…
Author: Crypto Flexs
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The cryptocurrency markets have had a roller coaster ride this week. Neural network It has generated impressive returns against the market trend. CKB token ranks top 100. A volatile week in the cryptocurrency market saw widespread price declines, highlighting the risk of volatility. Prices recovered slightly from the lows at the start of the week, but overall markets remained flat as the work week ended. Despite the sluggish market conditions, Nervos Network’s CKB token has broken out of the pack and surged 70% in intraday trading. The sharp rally was led by the announcement of a listing on South Korea’s…
At least 19 startups have raised venture capital funding in the past seven days, with the largest investment going to tokenized real-world asset platform Huma Finance. Huma announced on September 11 that it had raised $38 million in a fundraising effort led by Distributed Global, with participation from Hashkey Capital, Stellar Foundation, Folius Ventures, and Turkish private bank İşbank. The company plans to expand its PayFi network globally with $10 million in capital raised and $28 million in revenue-generating RWAs. It also plans to go live on the smart contract networks of Solana (SOL) and Stellar (XLM) in the coming…
The world’s largest cryptocurrency exchange, Binance, plans to launch trading support for a new cat-themed native token for a gaming bot based on the Telegram mini-app platform. Binance Launchpool, which allows users to invest coins to gain new assets, has selected Catizn (CATI), a cat-themed social entertainment service provided by Telegram, as its 59th project. Describe the project. “Catizen, a revolutionary gaming bot, not only simplifies Web 3 access, but also transforms the way users engage with decentralized technologies by making mobile payments seamless. Building on Telegram’s massive user base, Catizen is designed to be a hub for Web3 activity,…
Venture firm ParaFi Capital is tokenizing a portion of its $1 billion+ asset management assets. avalanche Abox +0.015% We developed the blockchain in collaboration with Securitize, a real-world asset tokenization platform.ParaFi is a prominent investor in the crypto industry, having recently raised $120 million to buy stakes in other digital asset funds. It is also one of the largest investors in real-world asset tokenization projects and infrastructure. In May, it participated in a $47 million strategic funding round led by BlackRock in Securitize. But the venture now wants to use the technology itself.“ParaFi has been one of the most active…
We are excited to launch a new, general-purpose resource on cryptocurrency security.Welcome to the exciting journey of owning cryptocurrencies. Start here and learn more about the basics of risks in the crypto space and where to go to keep your crypto safe.Vault12: Keep Your Crypto Safe | Wasim Ahmad, Chief Crypto OfficersummationCryptocurrency wallets are very easy to use in an unsafe manner.You need to understand what the seed phrase is. You need to understand why seed phrase backup is the most important thing to keep your cryptocurrency safe. The right choice for cryptocurrency security is unique and varies from person…
BONK has hit a familiar long-term snag. Demand was stable in both spot and futures markets. Memecoin has attracted significant market attention after Bitcoin (BTC) surged to $60,000 in the past 48 hours. In fact, on Saturday, the Memecoin category rose 6%, according to Coinglass, ranking second in terms of Open Interest (OI). This could help the segment, which includes Bonk (BONK). However, other memecoins such as dogwifhat (WIF) and Pepe (PEPE) have seen higher volumes than BONK, which could delay a strong push for BONK, especially since it has hit a long-term hurdle on the charts. Can BONK overcome…
Games • Sep 13, 2024 7:19 AM EDT Posted 504 hours ago ~ in Updated: September 13, 2024 7:57 AM EDT Episode 2 of The Crypto Beat was recorded with: Block’s Editor-in-Chief Tim Copeland, GAMEE Co-Founder Bozena Rezab, Hamster Kombat Community Manager Hamster Girl, TON Ventures Partner Cardan on this day.Listen below and subscribe to The Crypto Beat. youtube, apologize, SpotifyTwitch Or wherever you listen to podcasts. Please send feedback and correction requests to: (email protected)Tim Copeland, editor-in-chief of The Block, sat down with team members from Hamster Kombat, GAMEE, and TON Ventures to discuss the new TON gaming ecosystem.…
This week’s Crypto Africa Weekly Review features Nigeria as the central topic, from the ongoing executive conflict with the largest CEX to the leadership turmoil at the top blockchain association. But right after that, we take a look at the latest South African crypto regulatory updates. TD Markets Receives Cryptocurrency License Approval South African brokerage TD Markets Got it A crypto asset service provider licensed by the country’s financial sector regulator. TD Markets has obtained this license to provide a secure and regulated platform for cryptocurrency trading within South Africa. South Africa’s regulatory bodies are ahead of most similar government…
Top news of the week FBI Reports Americans Lost $5.6 Billion to Cryptocurrency Fraud in 2023 The FBI’s Internet Crime Reporting Center has released its 2023 Cryptocurrency Fraud Report. According to the report, Americans lost $5.6 billion to cryptocurrency fraud that year, a 45% increase over 2022. According to the FBI, cryptocurrency-related reports made up just 10% of all reports received, but nearly 50% of all losses that year. According to the report, of the 69,000 cryptocurrency-related complaints the FBI received in 2023, people over the age of 60 were the most affected, accounting for about $1.6 billion in losses.…