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Hotcoin will List Crazy World (CW) and open trading at 14:00 on May 5th.
According to an official announcement from Hotcoin, it will open CW/USDT trading at 14:00 (UTC+8) on May 5, 2024, and CW deposit and withdrawal services at 15:00 on May 4.
 
Crazy World, jointly initiated by the UBC Foundation of the United States and the Pan-Entertainment Association of Singapore, is built on the KadChain public chain and features an incentive mechanism ecosystem. Users can earn rewards by contributing valuable content and interacting through social conversations and entertainment games. It aims to create a pioneering Web3 global social entertainment platform.
2024-05-04 23:30:41
BEBE Launches on Hotcoin: Collision of Digitalization and Future Passion
As a platform that combines the advantages of DeFi and NFTs, BEBE provides users with a rich array of digital experiences and infinite possibilities.
 
One of BEBE's advantages lies in its openness and sharing. As a community-driven platform, BEBE has attracted global attention and participation. Whether creators, investors, or artists, everyone can find their place on BEBE, achieving personal value and the goal of community development.
 
By integrating the advantages of DeFi and NFTs, BEBE brings users diverse digital experiences. Through DeFi technology, users can participate in various financial activities, increase asset value, and facilitate transactions. Meanwhile, through NFT technology, users can create, trade, and collect unique digital assets, experiencing unprecedented artistic and entertainment fun.
 
Looking forward to BEBE's launch on Hotcoin, as a vibrant and creative digital world, BEBE will surely bring more digital surprises and experiences to global users!
2024-04-19 15:07:19
WGD GameFi : Plants vs Zombies Elements Set Off Gamefi Frenzy
WGD GameFi (WGD) will be launched soon, integrating a brand new experience of Gamefi, carrying the classic elements of Plants vs. Zombies, which will set off a new trend in the field of Gamefi. As an innovative way of digital gaming, WGD is committed to bringing users an immersive digital entertainment experience.
 
WGD is based on blockchain technology and adopts an advanced consensus mechanism to guarantee fast, safe and decentralised transactions. Meanwhile, WGD incorporates the classic elements of Plants vs Zombies to create a digital world full of fun and challenges. Here, you can obtain WGD by participating in games and completing tasks, and experience the unprecedented fun of digital games.
 
The upcoming arrival of WGD marks the deep integration of the digital economy and the gaming industry, bringing users a brand new digital experience. Let's look forward to the arrival of WGD, explore the future of Gamefi and open a new chapter of digital economy!
2024-04-10 10:25:18
India's Supreme Court rejects cryptocurrency petition
India's Supreme Court has refused to consider a public interest lawsuit (PIL) aimed at establishing regulations and guidance frameworks for cryptocurrency transactions in India.
According to reports, judges led by India's Chief Justice (CJI) stated after hearing the appeal that the petitioners' demands were more legislative in nature.
Given the nature of the petition, judges JD Pardiwala and Manoj Misra rejected the request.
The Supreme Court noted that although the petitioners submitted a PIL calling for regulation and guidance on cryptocurrency and its transactions, their ultimate goal was to obtain bail.
2023-11-11 23:16:25
AMG Token Price Soars to 1,000x, Becoming This Year's Hot "10,000x Coin"
According to the latest data, the price of the AMG token has risen from $0.1 all the way to $105, creating a staggering 1,000-fold increase. This increase has attracted a lot of attention from the cryptocurrency community, pushing the AMG token to be one of this year's "10,000x Coin" candidates.
AMG tokens are passes to the Asta DAO ecosystem, whose vision is to create a utopian world of autonomous decision-making by fusing NFT culture, gamified finance, decentralised trading and innovative coin-issuing technology. This vision has attracted the active participation of creative minds and blockchain finance enthusiasts across the globe, driving the price of AMG tokens soaring.
 
Contract address: 0xc956cb798ffd180ff340de51d344e483e12b5951
2023-10-25 21:43:20
AiStrat Intelligent Quantitative Trading Investment Official Live!
AiStrat's Intelligent Quantitative Trading Investment will officially launch at 00:00 GMT-4 on August 1, 2023. This is a crucial step towards providing the most advanced and efficient trading solutions for the blockchain sector. With this launch, users will be able to customize their participation based on their preferences, presenting an excellent opportunity for increasing returns and multiplying wealth. AiStrat firmly believes in the transformative power of AI technology in the world of trading, with the goal of providing robust, efficient, and profitable trading solutions. AiStrat warmly invites all users to take part in this and looks forward to embarking on this exciting new journey together. Invest wisely, multiply your wealth, and let us redefine the future of trading together!
2023-08-01 14:54:48
FintraDAO The Innovative Financial Solutions and Decentralized Financial Platform
FintraDAO is a blockchain project revolutionizing decentralized finance (DeFi) with its innovative financial solutions. At its core, the project's native token, FDC, empowers users to actively participate in community governance and decision-making processes, while enjoying a range of rewarding mechanisms.
Within the FintraDAO ecosystem, Trade GDT stands as a cutting-edge smart trading technology, enabling seamless, secure, and efficient transactions using the power of blockchain. By leveraging smart contracts and advanced blockchain algorithms, Trade GDT ensures the highest standards of transaction security and reliability.
As a Web3-powered project, FintraDAO is at the forefront of the blockchain revolution, delivering unparalleled financial solutions and establishing a trusted, decentralized trading platform. Join us in shaping the future of finance. For more details, reach out to our official team at hello@fintradao.io.
2023-07-07 14:21:38
Web3 game Tribalisland will be opened for trading at Pancake Swap on June 14 at 14:30 UTC+8
According to the official news, the Web3 game Tribalisland governance token $TIT issued by German BTI company will be opened for trading in Pancake Swap at 14:30 UTC on June 14. Tribalisland is a 3D-Web game based on tokenomics 2.0, which is innovative in token economics, game experience, play to earn, and player collaboration. It may become the most sustainable and high-return Web3 game. The next dark horse of Web3 game track will be born.
 
Token Contract: 0x9ABdCDAcf6Ab51B9dAf10fD38Cf166749f1A447A
2023-06-14 09:28:06
Binance Sees $627 Million in Net Ethereum Outflow Following CFTC Lawsuit
Binance saw about $627 million in net Ethereum-related withdrawals in the 24 hours through Tuesday morning, following the Monday lawsuit filed by the Commodities Futures Trading Commission against the world’s largest cryptocurrency exchange for alleged violations of derivatives rules. Binance held about $64 billion worth of assets in publicly disclosed wallets as of Wednesday morning, according to Nansen data. For the seven days through Tuesday morning, the data showed Binance had $2.1 billion in net withdrawals of Ether and Ethereum-related assets. However, the withdrawals are significantly lower than what the exchange experienced in December when daily outflows at one stage surged to $3 billion following the collapse of the FTX exchange amid fraud allegations. Binance also saw $2.3 billion in stablecoin outflows on Feb. 13 after the New York Department of Financial Services ordered Paxos to stop issuing Binance USD (BUSD) stablecoin. (forkast)
2023-03-29 14:42:15
Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says
A prosecutor investigating Terraform Labs CEO Do Kwon for alleged passport forgery in Montenegro has indicated that he will not be extradited soon. The law enforcement official told South Korean media that Montenegrin authorities intend to indict Kwon within a month, ruling out the possibility of him being handed over to other countries within the detention period.
2023-03-29 09:14:40
Fidelity Is Building Out a Crypto and Token Research Team
Fidelity is hiring a lead for its crypto and token research development team, according to a job listing on LinkedIn. The senior position will join the existing quantitative research and investments technology team in Fidelity's asset management business, and will work on data and technical frameworks for evaluating tokens and associated blockchain protocols. Fidelity has had an institutional trading and execution services team since 2018, and recently opened up bitcoin and ether trading to its retail brokerage clients. The new crypto research role will report into the vice president of quant development and partner with other Fidelity business and technology leaders to identify and define strategic priorities based on business value needs.
 
(By Frank Chaparro)
2023-03-28 18:18:19
Cathie Wood’s Ark Continues Its Coinbase and Block Buying Spree
Cathie Wood's Ark Invest continued to purchase shares in crypto exchange Coinbase and payments firm Block on Monday. The firm purchased 32,378 shares in Coinbase for the Ark Innovation ETF, as well as 5,347 shares for its Next Generation Internet ETF, following its acquisition of more than 182,000 shares on Friday. Meanwhile, Ark's Fintech Innovation fund purchased 18,555 shares in Block, following a purchase of more than 288,000 shares across three of its funds on Friday. This indicates Wood's conviction in the two companies, which have faced negative headlines recently. Coinbase received a Wells notice from the SEC, while Block faces accusations from short seller Hindenburg Research.
 
(By Frank Chaparro)
2023-03-28 17:38:11
90% of Ethereum Now in Self-Custody As Supply on Exchanges Hits Lowest Level Since 2015
Ethereum's total supply has dropped by over 66,000 ETH since the start of 2023, making it deflationary, as the latest Shanghai upgrade progresses. Currently, just 10.31% of existing ETH is on exchanges, the lowest level since July 2015, according to on-chain analytics provider Santiment. Almost 90% of Ethereum is now off exchanges, as regulators struggle to classify ETH as a security or commodity. The amount of ETH being held in self-custody and away from exchanges is at its highest level since the token was introduced nearly eight years ago, indicating confidence from hodlers.
 
(By Jordan Major)
2023-03-28 17:37:48
EU Money Laundering Law Won’t Prevent Crypto Payments, Lead Lawmaker Says
New anti-money laundering rules being discussed by the European Parliament won't block crypto payments, according to Damien Carême, a leading EU lawmaker. The proposed Anti-Money Laundering Regulation would impose a limit of €1,000 ($1,080) for payments made from self-hosted wallets where it isn't possible to identify the payer. Carême said the rules wouldn't prevent crypto transactions, but rather only apply when identification isn't possible. He also referred to money laundering provisions in the metaverse, and said he didn't want to see dirty money flow into other sectors due to banking controls. The vote will now enter negotiations with the EU's Council to frame a consistent version of the law.
 
(By Jack Schickler)
2023-03-28 17:37:11
A Look at the Fed's Recent Custodia Bank Denial and the Central Bank’s Push Back Against Narrow Banking
Over the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in 2021, according to data from the Federal Reserve. Recently, the U.S. central bank denied Custodia Bank of Wyoming, a financial institution that holds $1.08 for every dollar deposited by customers. Although there appears to be a need for such a bank after the collapse of three major U.S. banks, the Federal Reserve stated that board members have “heightened concerns” about institutions with plans to focus solely on a narrow sector. (Bitcoin.com)
2023-03-27 14:31:27
G7 Nations Set to Push for Stricter Cryptocurrency Regulations at Japan Summit in May
Officials from the Group of Seven (G7) leading industrial countries will discuss regulations on cryptocurrencies to improve transparency and consumer protection as part of preparations for the next meeting of the group in Hiroshima, Japan, in May, Kyodo News reported on Sunday. The group aims to take the lead in setting global standards for emerging digital asset industries, the report said. Cryptocurrency-related issues will also be a part of the upcoming G20 meeting of finance ministers and central bank governors set to take place in Washington D.C this April, according to Kyodo. (forkast)
2023-03-27 14:31:04
China State-Owned Banks Turn Crypto-Friendly in Hong Kong
A number of Chinese state-owned banks’ branches in Hong Kong have started offering services to local cryptocurrency companies, Bloomberg reported on Monday, as the city welcomes a growing list of cryptocurrency and digital asset firms looking to expand or relocate to the city. Local companies in the crypto industry have traditionally had difficulties setting up corporate bank accounts, and the moves of these state-owned lenders reflect China’s backing in trying to boost the digital asset industry in Hong Kong, according to the report. (forkast)
2023-03-27 14:30:26
First Citizens Snaps up Silicon Valley Bank — Branches Open Monday
North Carolina-based First Citizens Bank is set to acquire all deposits and loans of Silicon Valley Bank, according to a statement from the Federal Deposit and Insurance Corporation (FDIC). Under the agreement, 17 former branches of Silicon Valley Bank will open as First Citizens Bank and Trust Company on Monday, March 27, while all depositors of SVB will automatically become depositors of First Citizens Bank. "As of March 10, 2023, Silicon Valley Bridge Bank, National Association, had approximately $167 billion in total assets and about $119 billion in total deposits. Today’s transaction included the purchase of about $72 billion of Silicon Valley Bridge Bank, National Association’s assets at a discount of $16.5 billion," said the FDIC in a statement. (Cointelegraph)
2023-03-27 14:30:06
$4M 'Exit Scam' Suspected as Kokomo Finance Flies off Radar, Token Plunges
Optimism-based lending protocol Kokomo Finance has been suspected of a $4 million “exit scam” that has seen user funds plucked out from the platform via a smart contract loophole. Blockchain security firm CertiK alerted its followers to the “exit scam” in a March 26 Twitter post, noting that the Kokomo Finance (KOKO) token has plummeted 95% in value in a matter of minutes. CertiK also noted that Kokomo Finance removed all social media accounts immediately following the alleged rug pull too. (Cointelegraph)
2023-03-27 14:29:50
Crypto-Friendly SVB Acquired by First Citizens Bank at 99% Discount
First Citizens Bank acquires Silicon Valley Bank (SVB) for $500 million. The crypto-friendly Silicon Valley Bank bank was worth $40 billion a year ago, now it’s acquired at a 99% discount. First Citizens BancShares will take over $119 billion in deposits.
 
First Citizens BankShares holding company of First Citizens Bank was in advance talks to acquire Silicon Valley Bank from the Federal Deposit Insurance Corp (FDIC) on Monday. The news of First Citizens acquiring SVB calmed investors’ concerns about the credit crunch and broader systemic banking crisis.
 
The 17 Silicon Valley Bridge Bank, National Association branches will open as First–Citizens Bank & Trust Company on March 27, 2023, FDIC revealed in a new release. The FDIC also said First Citizens Bank & Trust Co will buy all of Silicon Valley Bank‘s deposits and loans from the FDIC.
 
Silicon Valley Bridge Bank had approximately $167 billion in total assets and about $119 billion in total deposits by March 10. The acquisition includes the purchase of about $72 billion of Silicon Valley Bridge Bank’s assets at a discount of $16.5 billion. Moreover, the FDIC will continue to remain a receiver of $90 billion in securities and other assets.
 
According to the FDIC, the cost of the failure of Silicon Valley Bank to its Deposit Insurance Fund (DIF) is nearly $20 billion. The exact cost will be revealed after the termination of the FDIC receivership.
 
Meanwhile, Bitcoin liquidity has dropped to a 10-month low. The liquidity represents how easy it is to buy and sell cryptocurrency. While the Bitcoin price has increased by over 70% since the beginning of the year, the current banking crisis, inflationary pressure, and uncertain macro environment resist BTC price at $28,000.
2023-03-27 14:29:25
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