Wombat Exchange: Velocore on the ZKsync chain forked Wombat's design without authorization, beware of the risks
On October 21st, Wombat Exchange announced on X that it had received reports that the ZKsync chain-based DEX Velocore had forked Wombat's design without authorization. Please proceed with caution as unauthorized copies may pose risks. DYOR and remain vigilant.
2024-10-21 14:22:23Generate picture
Stablecoin issuer JPYC and Korean IT company ITCEN will cooperate in stablecoin research
On October 21st, according to CoinDesk Japan, stablecoin issuer JPYC and South Korean IT company ITCEN will conduct stablecoin research cooperation. The two parties have jointly signed a memorandum of understanding (MOU) and stated that they will not only research Japanese yen stablecoins, but also the possibility of stablecoins based on other currencies (such as the South Korean won).
2024-10-21 14:22:22Generate picture
Japan's Democratic Party leader promises to cut cryptocurrency tax to 20% if elected
Yuichiro Tamaki, leader of the Japanese Democratic Party, has proposed a cryptocurrency tax plan that would lower taxes on cryptocurrency earnings to 20% if he is elected. Tamaki stated in a post on X that "if you believe that cryptocurrency assets should be taxed separately at a rate of 20%, rather than being treated as miscellaneous income, please vote for the People's Democratic Party." However, the plan may be far from implementation as the Democratic Party currently holds only 7 out of 465 seats in the Japanese House of Representatives (the lower house of the National Diet of Japan). According to Tamaki's plan, exchanging one cryptocurrency asset for another would not trigger any tax events.
2024-10-21 14:22:20Generate picture
Hotcoin will globally launch BET Chain (BET) trading on October 21, 18:00 (UTC+8)
BET/USDT trading and deposit/withdrawal services will be available from the same time.
 
BET Chain is a Web3 platform aimed at revolutionizing the tokenization of real-world assets (RWA). 
By bridging traditional finance with decentralized technology, BET enables seamless tokenization of assets like real estate and commodities, focusing on compliance, security, and scalability, enhancing liquidity and transparency in the global financial system.
2024-10-21 10:41:03Generate picture
Hotcoin to Launch SWAP HMW (HMW) Trading Globally on October 22 at 10:31
According to the official announcement from Hotcoin, the exchange will open HMW/USDT trading on October 22, 2024, at 10:31 (UTC+8), alongside deposit and withdrawal services for HMW.
 
HMW is the native token of the decentralized trading platform DESwap, running on the DEP network. It is used to reward liquidity providers, participate in governance voting, earn through staking, join voting activities, and trade in DESwap’s NFT marketplace. As the core of the DESwap ecosystem, HMW incentivizes users to actively engage in various platform features, thus driving the overall growth of the platform.
2024-10-20 19:22:53Generate picture
Hotcoin will globally launch BLOCK-SHARK (SHARK) trading on October 23, 2024, at 20:00 (UTC+8)
According to the official announcement, SHARK/USDT trading will open at 20:00 on October 23, 2024, with SHARK deposits and withdrawals available from 20:00 on October 22, 2024.
 
SHARK is the governance and utility token of the B-shark ecosystem, allowing holders to participate in governance and benefit from DEX quantitative trading services. The token aims to enhance users’ ability to capture value in trading.
2024-10-20 09:06:01Generate picture
Depin+RWA’s advertising time platform ATT Global receives investment from Digitata Capital
On October 19th, according to official reports, the advertising time platform ATT Global of Depin+RWA has received investment from Digitata Capital, which will further improve ATT Global's deep layout in the Depin and RWA tracks and further expand its international market.
2024-10-19 14:20:59Generate picture
Binance's cumulative trading volume exceeded 100 trillion US dollars, ranking first among exchanges
On October 19th, according to the latest data from CCData, Binance's cumulative spot and derivative trading volume has exceeded 100 trillion US dollars, leading other platforms by a large margin and ranking first among global cryptocurrency exchanges. OKEx ranks second with 20 trillion US dollars, followed closely by Bybit and Bitget, ranking third and fourth respectively.
2024-10-19 14:20:57Generate picture
Overview of important developments at noon on October 19
7:00-12:00 Keywords: Aptos, Gold, Brazil
2024-10-19 14:20:56Generate picture
Ark Invest transferred a total of 4,948 BTC to Coinbase Prime this morning, worth more than $340 million
According to data monitored by Arkham, about ten hours ago, ARK Invest's spot Bitcoin exchange-traded fund ARKB 21Shares Bitcoin ETF transferred a total of 4948 BTC worth $340.49 million to Coinbase Prime address through two transactions.
2024-10-19 14:20:54Generate picture
IntoTheBlock: ‘High-risk’ crypto loans on Benqi surge to two-year high of $55M
According to analysis company IntoTheBlock's tracked data, the total amount of high-risk loans (defined as loans with a liquidation price within 5%) rose to $55 million on Wednesday, reaching the highest level since June 2022. Cryptocurrency traders typically obtain loans from decentralized lending platforms by locking in digital assets as collateral. The risk here is that if the value of the collateral drops too much, the protocol will liquidate the debt by selling the collateral. A loan within 5% of the liquidation price means that if the price of the collateral drops by 5%, it will no longer cover the loan, triggering liquidation.
2024-10-19 14:20:53Generate picture
Singapore Web3 game development company Saakuru Labs and MemeCore jointly launch $10 million incubation fund
Singaporean Web3 game development company and L2 protocol Saakuru developer Saakuru Labs announced a joint launch of a $10 million incubation fund with the MemeCoin community platform MemeCore, aimed at promoting the development of the Web3 game industry. The fund plans to invest in and acquire communities and games and incorporate projects into the Saakuru and MemeCore ecosystems. Saakuru Labs previously received $2.4 million in private equity investment and has formed a strategic partnership with Animoca Brands.
2024-10-19 14:20:51Generate picture
A certain whale address has withdrawn a total of 7,595 ETH from Scroll in the past 9 hours
According to on-chain data analyst @ai_9684xtpa, a whale address starting with 0x3ec withdrew a total of 7,595 ETH from Scroll over the past 9 hours and subsequently transferred it to Binance and Bybit.
2024-10-19 14:20:50Generate picture
Hong Kong Cyberport community startups raised HK$3.7 billion in the past year, with total financing exceeding HK$41.2 billion
data disclosed by Hong Kong media shows that Cyberport's community of startups still had strong financing performance in the past year. In the year ending September 2024, Cyberport's startups successfully raised over HKD 3.7 billion, a 23% YoY increase. Recently, Cyberport enterprises that have completed high financing rounds include KLOOK, Leapstack, Buy&ship, MediConCen, and DeBox, with a total cumulative financing amount exceeding HKD 41.2 billion. During the year, HashKey Group, the second licensed virtual asset trading platform in Hong Kong, became the eighth unicorn enterprise in Cyberport, reflecting the potential of Web 3.0 technology applications to attract investor support, and the continued effectiveness of Cyberport's promotion of the Web 3.0 industry.
2024-10-19 14:20:49Generate picture
Anthropic CEO: AI could be smarter than most humans by 2026
the CEO of Anthropic believes that artificial intelligence may be smarter than most humans by 2026.
2024-10-19 14:20:47Generate picture
The number of first-time unemployment claims in the United States last week was 241,000
The number of initial jobless claims in the United States last week was 241,000, estimated at 260,000, and the previous value was 258,000.
2024-10-18 08:41:01Generate picture
The US dollar index DXY rose more than 20 points in the short term and is now at 103.66
The US dollar index DXY rose more than 20 points in the short term after the release of US economic data, now reporting at 103.66.
2024-10-18 08:40:58Generate picture
US Leads Global Market for Crypto ETFs, but Barriers Limit Retail Investor Access Outside of US
The US crypto ETF market has experienced significant growth in 2024, driven by Bitcoin and Ethereum ETFs, with market capitalizations exceeding $78 billion and $7.81 billion, respectively. However, retail investors outside the US face obstacles in accessing crypto ETFs, limiting global adoption. The US now holds 83.3% of the global market for crypto ETFs, surpassing Canada's previous 46.3% market share. While European retail investors cannot access US spot bitcoin and Ethereum ETFs due to regulations, some countries like Germany and France offer access to crypto through ETNs. Despite limitations, the direct exposure to bitcoin and Ethereum through crypto ETFs is still in its early stages, and it remains to be seen whether other countries will gain crypto ETF market share relative to the US.
2024-10-18 08:40:57Generate picture
Jupiter officially launches Ape Pro
Jupiter has officially launched the Ape Pro application for trading Memecoin on Solana.
2024-10-18 08:40:54Generate picture
The three major U.S. stock indices opened higher
The three major US stock indexes opened higher, with the Dow rising 0.25%, the S&P 500 index rising 0.57%, and the Nasdaq rising 0.9%.
2024-10-18 08:40:54Generate picture
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