Darius Baru 05 Sep 2024 17:13 Binance Futures will be launching USDⓈ Margined BSW Perpetual Contracts with up to 75x leverage, expanding trading options and improving user experience. According to Binance.com, Binance Futures will be launching a new USDⓈ-margined BSW perpetual contract with up to 75x leverage. The new trading option will be available starting September 5, 2024 at 06:00 UTC. Key Features and Specifications The new BSWUSDT Perpetual Contract offers traders the opportunity to leverage positions up to 75x. The maximum funding rate at launch is +2.00% / -2.00%, and funding fee settlement…
Author: Crypto Flexs
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reporter Posted: September 6, 2024 Monero’s massive rally comes with renewed interest from investors. At the time of writing, the futures market was still bullish on the altcoin. Cryptocurrency with a focus on privacy Monero (XMR) Despite the overall market sell-off, there was no unusual performance on the weekly chart. According to CoinMarketCap data, XMR topped the weekly chart early in the Asian trading session on Thursday, with gains of around 10%. Source: CoinMarketCapThe opposing and explosive price action on Monero’s price chart was seen before it attracted strong global attention in late August. Google Trends. Global user interest in…
HNT, the native token of the Helium ecosystem, has surged 21% over the past two days, outpacing the cryptocurrency market as Helium’s mobile subscriber base continues to grow.According to data from Cointelegraph Markets Pro and TradingView, the HNT price rose from a low of $7.5 on September 5 to reach an intraday high of $8.35, the first time this level has been reached since March 14, 2024. HNT/USD 4-hour chart. Source: TradingViewAccording to data from CoinMarketCap, the recent rally has put HNT at the top of the list of the top 100 cryptocurrencies by market cap.Top 10 gainers on September…
Happy Thursday! In today’s Daily, EigenLayer plans to distribute 86 million EIGEN tokens to stakeholders. World Coin World -3.23% Facebook-like scale, Robinhood settles with California Department of Justice, etc.Let’s get started.EigenLayer’s Latest Token Distribution PlanEigenLayer has announced plans to distribute 86 million EIGEN tokens to stakeholders through a Season 2 “Stakedrop,” representing approximately 5% of the fully diluted token supply of 1.67 billion. This distribution will benefit a wide range of participants, including stakers, node operators, ecosystem partners, and community members active from March 15 to August 15. EigenLayer is a platform that allows users to deposit and stake Ether,…
HNT, the native token of the Helium ecosystem, has surged 21% over the past two days, outpacing the cryptocurrency market as Helium’s mobile subscriber base continues to grow.According to data from Cointelegraph Markets Pro and TradingView, the HNT price rose from a low of $7.5 on September 5 to reach an intraday high of $8.35, the first time this level has been reached since March 14, 2024. HNT/USD 4-hour chart. Source: TradingViewAccording to data from CoinMarketCap, the recent rally has put HNT at the top of the list of the top 100 cryptocurrencies by market cap.Top 10 gainers on September…
Matter Labs laid off 24 people, more than 16% of its workforce, amid market changes. The company is shifting its focus from general-purpose expansion to niche applications. Despite the layoffs, Matter Labs continues to hire for critical engineering and business roles. Matter Labs, the company behind the Ethereum scaling network ZKsync, announced it is laying off more than 16% of its staff, affecting 24 people. The announcement by Matter Labs co-founder and CEO Alex Gluchowski on September 3, 2024, marks a significant turning point for the company as it navigates the increasingly competitive landscape of Ethereum Layer 2 scaling solutions.…
Jack Anderson September 5, 2024 17:49 The Hong Kong Monetary Authority (HKMA) has issued a warning about fraudulent social media pages impersonating the Bank of Singapore Limited, urging the public to be vigilant. The Hong Kong Monetary Authority (HKMA) has issued a public warning about fraudulent social media pages impersonating Bank of Singapore Limited. According to the HKMA, the warning was issued after the bank reported fraudulent activity to the HKMA. Fraudulent social media activity Fraudulent social media pages are designed to trick individuals into believing they are official channels of Bank of Singapore…
Floki partners with OG Esports to bring Valhalla to the competitive gaming arena Blockchain-based game Valhalla is set to expand its influence in the esports industry as it is selected as the OG Esports uniform sponsor. Floki has announced a partnership with OG Esports to promote their blockchain-based metaverse game Valhalla in the competitive gaming scene. The collaboration will feature Valhalla as a jersey sleeve sponsor for OG Esports and will be prominently displayed at all upcoming events. Valhalla, a massively multiplayer online role-playing game (MMORPG), combines open-world exploration with strategic turn-based combat, allowing players to earn rewards and unlock…
When speaking English, the word Animoca doesn’t roll off the tongue easily. Is it Japanese? A sweet treat? A trendy coffee? According to Robby Yung, CEO of London-based Web3 investment giant Animoca Brands, it is neither of the two, but rather a portmanteau that “bridges animation and mobile communications.” This means that Animoca is clearly focused on creating a Web3 environment that it wants to dominate, and on gaming. What that means and sounds like to outsiders, probably doesn’t make any difference to the company. Animoca Brands has come a long way since it was founded by Yat Siu and…
World Macroeconomics contrary wind rattle password marketS. Encryption price Recovery phase in the second half of the week. Macroeconomic factors continue to negatively impact the cryptocurrency outlook. This week, the cryptocurrency market faced renewed volatility as a wide range of economic factors weighed heavily on digital assets. The sell-off during the week brought the total market cap below $2 trillion, showing that the market is sensitive to external pressures. However, on Thursday, there was a modest recovery, with the total cryptocurrency market cap surpassing $2 trillion. This provided temporary relief, but it is unclear whether this momentum will continue or…