PRESS RELEASE. Injex Finance is excited to announce the official launch of its Presale for the native $INJX token, offering early contributors an exclusive opportunity to become part of the thriving Injex ecosystem. With the Presale now live, users can seize the moment to participate and benefit from this groundbreaking initiative. As the cryptocurrency market […] Source CryptoX Portal
Ethena’s USDe token, often referred to as “synthetic dollar,” offers steady yields to investors by using ether (ETH) liquid staking tokens such as Lido’s stETH as backing assets, pairing them with an equal value of short ETH perpetual futures position on derivatives exchanges to keep a “rough target” of $1 price. This is also known as a “cash and carry” trade, which harvests derivatives funding rates for a yield. Source
Ondo’s action marks the first example of a crypto protocol leveraging asset management giant BlackRock’s tokenized fund offering, which debuted last week. The fund, represented by the Ethereum-based BUIDL token backed by U.S. Treasury bills and repo agreements, is targeted for white-listed, institutional clients and requires at least $5 million minimum allocation. While the strict requirements prohibits smaller investors to invest in BlackRock’s BUIDL, it allows other platforms such as Ondo to leverage the fund for its own retail-facing offerings. Source
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Members of the community, however, took the project forward while maintaining an association with Telegram. In September last year, the messaging app officially stamped the network with its endorsement and designated it as its network of choice for Web3 infrastructure. Source
The latest price moves in bitcoin (BTC) and crypto markets in context for March 27, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
“We are proud that HSBC Gold Token, powered by HSBC Orion, is the first retail product in Hong Kong that is based on distributed ledger technology, as authorized by the Securities and Futures Commission,” said HSBC Hong Kong head of wealth and personal banking Maggie Ng in a statement. Source
Badgerdao, in partnership with Lido, has unveiled eBTC, an ether-backed synthetic bitcoin token aimed at enhancing the decentralization and capital efficiency of borrowing bitcoin in the decentralized finance (defi) space. Badgerdao and Lido Forge Partnership to Launch eBTC Badgerdao, a decentralized autonomous organization (DAO) committed to integrating bitcoin (BTC) into defi, has announced the launch […] Original
Tallinn, Estonia, March 26th, 2024, Chainwire This first MarketingFi utility token will launch within the Cookie3 ecosystem. $COOKIE represents digital marketing value passed on to users who drive projects forward instead of on advertising giants like Google or Facebook. Cookie3, a MarketingFi Protocol and AI Data Layer, has just announced that $COOKIE—the Cookie DAO-powered token, will launch on ChainGPT Pad and Polkastarter in Q2 2024. Using the Cookie3 technological stack, $COOKIE aims to move $366B digital marketing value from advertising giants onto users who bring quality to projects and help…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rebel Satoshi’s $RECQ token presale wows investors with its projected 525% presale ROI, as FLOKI and PEPE record price dips. FLOKI loses 31% in a week: Will bulls return soon? FLOKI plunges 31% in a week, but experts expect it to start climbing soon.PEPE shed 16% in a week, but analysts expect it to gain traction by month’s end. Some of the top crypto coins have wiped off significant…