There has been a lot of talk about the impact of the crypto industry on the 2024 U.S. presidential election. Republican candidate Donald Trump has championed the industry during his campaign this year, going so far as to call himself the “crypto president.” Democratic candidate Kamala Harris has been much quieter since officially entering the race.As for what the outcome would be for the cryptocurrency industry, VanEck presents a less straightforward case.”(We) have Kamala Harris and Donald Trump going strong. Bitcoin Bitcoin -0.68% Each has more nuanced implications for the broader digital asset market,” wrote Matthew Sigel, VanEck’s head of…
Author: Crypto Flexs
Read More
Kingstown, Saint Vincent and the Grenadines, 20 September 2024, Chainwire Stashes Cryptosphere, a blockchain-centric platform, has announced the presale of its Stashes ($STSH) token, scheduled for September 25, 2024. Designed to provide broader access to decentralized finance (DeFi) opportunities, $STSH aims to provide a user-friendly experience for a wide range of cryptocurrency participants by facilitating transactions on both the Binance Smart Chain (BSC) and Ethereum networks. Key Features of $STSH Token Stashes ($STSH) introduces a number of features that will benefit both new and experienced cryptocurrency users. Multi-chain deployment: $STSH, which operates on both Binance Smart Chain and Ethereum, allows…
In a September 20 announcement, Securitize announced that it is working with the Wormhole Foundation to enable cross-chain interoperability for all tokenized assets on its platform.Through this partnership, Wormhole becomes the official blockchain interoperability provider for Securitize’s current and future tokenized assets, representing a major step forward in the tokenization and cross-chain interoperability of digital assets.As a result, Securitize can enhance cross-chain functionality by linking tokens to 32 blockchains available on the Wormhole infrastructure. The company is a tokenization infrastructure provider to institutions such as BlackRock and Hamilton Lane.The goal of this collaboration is to drive institutional adoption and bridge…
Securitize, a tokenization platform, announced on September 20 that it has integrated cross-chain communication protocol Wormhole “to provide cross-chain functionality to all assets tokenized via the Securitize platform.” Real-world assets (RWAs), including tokenized claims to financial assets, commodities, or art, are emerging as one of the most popular market segments for cryptocurrencies, but adoption is hampered by restrictions on transfers between blockchain networks and wallets.“Tokenized securities need to thrive on public, permissionless blockchains to unlock the potential of blockchain technology,” Securitize CEO Carlos Domingo said in a statement. Securitize said the goal of the integration is to “enable sub-second, sub-penny…
Ted Hisokawa Sep 19, 2024 05:38 Binance is launching a new promotion for fixed-rate loans, giving users the chance to earn up to 799 USDC. The campaign will run from September 19, 2024 to October 11, 2024. Binance has launched a new promotion to celebrate the launch of fixed-rate lending, according to an official announcement. The promotion provides borrowers and providers with enhanced liquidity options and the opportunity to earn up to 799 USDC in token vouchers.Promotion Period: 2024-09-19 05:00 (UTC) to 2024-10-11 23:59 (UTC).Promotion DetailsDuring the promotion period, users who borrow at least…
It’s Friday! In today’s newsletter, we cover the hack of crypto exchange BingX, Jump Crypto’s Frankendancer client launching on Solana, Catizen’s TON-based token launch, and more.Meanwhile, an “intimate” documentary about Vitalik Buterin and Ethereum has started streaming on-chain.Let’s get started.Cryptocurrency Exchange BingX Faces $43 Million Security ExploitSingapore-based cryptocurrency exchange BingX suffered a hot wallet security breach on Friday morning, resulting in significant losses of funds. Analysts at blockchain security firm PeckShield estimated that $43 million worth of cryptocurrency was stolen in the attack, but the exchange described the losses as “minor” and manageable. Vivian Lin, BingX’s chief product officer, said…
Solana’s daily active users surpass 5 million. Franklin Templeton Launches Fund for Solana Sky (MakerDAO) expands to Solana. Solana has had an impressive year this year both in terms of token and ecosystem. SOL is up 625% year-over-year following significant expansion of the DeFi ecosystem. Recently, the Solana Foundation has announced several major developments, including partnerships with major banking institutions and one of the largest DeFi protocols, while the number of users is hitting a record high. Solana Achieves Record Number of UsersLast week was filled with major developments for Solana. On Friday, September 20th, during the BreakPoint conference in…
James Ding 19 Sep 2024 09:36 The People’s Bank of China will issue renminbi banknotes through the Central Money Markets Department of the Hong Kong Monetary Authority. According to the Hong Kong Monetary Authority, the People’s Bank of China (PBOC) has announced its intention to issue renminbi banknotes through the Central Money Markets Department (CMU) of the Hong Kong Monetary Authority (HKMA). Issue Details The publication is conducted by the HKMA and provides comprehensive tender-related information, including the tender notice, tender information memo and additional tender-related details. These documents are made available to the…
An artificial intelligence (AI)-based cat-themed gaming altcoin is hitting a new all-time high after being suddenly listed on the world’s largest cryptocurrency exchange platform by trading volume. Cryptocurrency exchange Binance has announced that it will be adding Catizen (CATI) to its product line starting September 20th. “Binance is excited to announce that Catizen has been added to Binance Simple Earn, ‘Buy Crypto’, Binance Convert, Binance Margin, and Binance Auto-Invest.” Catizen is a play-to-earn blockchain game based on The Open Network (TON) that launched in March, where players take on the role of mayor of a town and manage an entire…
Bitcoin (BTC) surged 6% after the U.S. Federal Reserve cut interest rates by 0.50% on September 18, bringing the price close to a three-week high of $63,500. Despite the rally, derivatives indicators show that Bitcoin bulls are hesitant to increase their leveraged positions, with the $62,000 support level under pressure.Interest rate cuts and job market data affect Bitcoin priceThe U.S. jobless claims report, released on September 19, further boosted investor sentiment, with initial jobless claims falling to a four-month low of 219,000 from a July high of 250,000. While still relatively high, the decline represents an improvement. With inflation relatively…