USDC

Nayms Launches the First Institutional Tokenized (Re)insurance Marketplace on Base, Announcing Next Investment Opportunity

Retrieved on: 
Thursday, January 11, 2024

With this launch, investors can more easily access yield-generating (re)insurance opportunities that are available within Nayms' marketplace in the form of a tokenized asset class.

Key Points: 
  • With this launch, investors can more easily access yield-generating (re)insurance opportunities that are available within Nayms' marketplace in the form of a tokenized asset class.
  • Embarking on the heels of a successful launch of its first investment opportunities, Nayms remains committed to deploying emerging technologies to reshape the insurance industry.
  • As the insurance industry evolves, tokenization offers a unique opportunity for institutional investors to diversify their investment portfolios and capitalize on the growth of traditional private market asset classes.
  • For more information on Nayms and investment opportunities, contact [email protected] , or visit the website directly.

Bitget's Protection Fund Soars to New Heights, Reaching $424 Million in December 2023

Retrieved on: 
Thursday, January 11, 2024

With an average of over $413 million for the month, this was the highest value of the Protection Fund since its launch.

Key Points: 
  • With an average of over $413 million for the month, this was the highest value of the Protection Fund since its launch.
  • Bitget's Protection Fund stands as one of the largest self-insured funds in crypto.
  • For the month of December, Bitget's Protection Fund maintained stable growth as per market movements and BTC price surge, reaching an all-time-high value of over $ 424 million on December 8.
  • Bitget Protection Fund Valuation Status in December 2023:
    "At Bitget we're driven to provide users with better service than traditional exchanges.

Bitget's Protection Fund Soars to New Heights, Reaching $424 Million in December 2023

Retrieved on: 
Thursday, January 11, 2024

With an average of over $413 million for the month, this was the highest value of the Protection Fund since its launch.

Key Points: 
  • With an average of over $413 million for the month, this was the highest value of the Protection Fund since its launch.
  • Bitget's Protection Fund stands as one of the largest self-insured funds in crypto.
  • For the month of December, Bitget's Protection Fund maintained stable growth as per market movements and BTC price surge, reaching an all-time-high value of over $ 424 million on December 8.
  • Bitget Protection Fund Valuation Status in December 2023:
    "At Bitget we're driven to provide users with better service than traditional exchanges.

The Untamed Power of PoE Takes Over the Blockchain: GODChain

Retrieved on: 
Friday, January 5, 2024

NEW DELHI, Jan. 5, 2024 /PRNewswire/ -- Gorilla DeFi presents GODChain, a transformative blockchain built on the all new Proof of Engagement (PoE) consensus mechanism. Unlike traditional chains, GODChain fosters vibrant SocialFi experiences by prioritizing user participation. Creators and users alike thrive in this decentralized ecosystem, empowered by native tokens earned through genuine engagement, creating a truly decentralized and engaging social media experience.

Key Points: 
  • NEW DELHI, Jan. 5, 2024 /PRNewswire/ -- Gorilla DeFi presents GODChain, a transformative blockchain built on the all new Proof of Engagement (PoE) consensus mechanism.
  • Explore the dynamic world of Proof of Engagement (PoE) in action within the CryptGod ecosystem.
  • Users earn engagement points, curate content, and participate in on-chain governance, all while enjoying tokenized rewards and a decentralized content curation system.
  • Build a more positive community: PoE incentivizes meaningful interactions, fostering a thriving community where real connections and insightful dialogues flourish.

The Untamed Power of PoE Takes Over the Blockchain: GODChain

Retrieved on: 
Friday, January 5, 2024

NEW DELHI, Jan. 5, 2024 /PRNewswire/ -- Gorilla DeFi presents GODChain, a transformative blockchain built on the all new Proof of Engagement (PoE) consensus mechanism. Unlike traditional chains, GODChain fosters vibrant SocialFi experiences by prioritizing user participation. Creators and users alike thrive in this decentralized ecosystem, empowered by native tokens earned through genuine engagement, creating a truly decentralized and engaging social media experience.

Key Points: 
  • NEW DELHI, Jan. 5, 2024 /PRNewswire/ -- Gorilla DeFi presents GODChain, a transformative blockchain built on the all new Proof of Engagement (PoE) consensus mechanism.
  • Explore the dynamic world of Proof of Engagement (PoE) in action within the CryptGod ecosystem.
  • Users earn engagement points, curate content, and participate in on-chain governance, all while enjoying tokenized rewards and a decentralized content curation system.
  • Build a more positive community: PoE incentivizes meaningful interactions, fostering a thriving community where real connections and insightful dialogues flourish.

CoinEx Updates Asset Reserve Ratio to Further Boost Platform Transparency and Fully Safeguard User Asset Security

Retrieved on: 
Thursday, January 4, 2024

HONG KONG, Jan. 4, 2024 /PRNewswire/ -- Reiterating its dedication to transparency and security, CoinEx , a prominent crypto exchange, adjusted its asset reserve ratio on December 26, 2023.

Key Points: 
  • HONG KONG, Jan. 4, 2024 /PRNewswire/ -- Reiterating its dedication to transparency and security, CoinEx , a prominent crypto exchange, adjusted its asset reserve ratio on December 26, 2023.
  • Prioritizing user asset security, CoinEx underscores a commitment to uphold the highest security standards and instill confidence in the evolving crypto economy.
  • CoinEx consistently enhances its asset security by upgrading systems, developing offline storage, implementing multi-signature and multi-backup features, and establishing diverse security emergency response plans for comprehensive user asset protection.
  • CoinEx has initiated the CoinEx Shield Fund, partnering with top security organizations to fortify its security infrastructure.

Flash News: OKX Wallet Launches Vaultka Bonus Event Offering Users Up to 11% Bonus Rewards

Retrieved on: 
Wednesday, January 3, 2024

NASSAU, Bahamas, Jan. 03, 2024 (GLOBE NEWSWIRE) -- OKX , a leading Web3 technology company, has issued updates for January 3, 2024.

Key Points: 
  • NASSAU, Bahamas, Jan. 03, 2024 (GLOBE NEWSWIRE) -- OKX , a leading Web3 technology company, has issued updates for January 3, 2024.
  • OKX Wallet is pleased to announce that, until February 19, 2024, users who stake USDC, ETH, ARB or BTC in the Vaultka Bonus pool can earn a bonus of up to 11% in rewards in addition to any basic APR, with a total prize pool of 1,000,000 esVKA.
  • Open OKX app or OKX Web3 website, and visit our DeFi page
    Search for Vaultka, click and invest in LP USDC, LP USDC.e, LP ETH, LP ARB, or LP WBTC investment product in Multiple Crypto for 11% additional bonus rewards
    Only investments made through OKX DeFi following the commencement of the event will be eligible for rewards.
  • OKX DeFi is a powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.

OKX Ventures Report Highlights USDC and USDT Domination with 90%+ of Evolving Stablecoin Market

Retrieved on: 
Wednesday, January 3, 2024

The report provides an in-depth analysis of the stablecoin sector's growth patterns, innovations, and future directions.

Key Points: 
  • The report provides an in-depth analysis of the stablecoin sector's growth patterns, innovations, and future directions.
  • Key highlights from the report include:
    Market dominance: As of December 2023, USDT holds a staggering 70% share of the total stablecoin market capitalization, while USDC secures around 20%.
  • Resilience and profitability: Despite the cryptocurrency market's downturn, USDT and USDC have shown exceptional resilience.
  • Innovative growth: The report highlights the continuous innovation and expansion in the stablecoin sector, especially in the realms of USDT and USDC.

Announcing the Launch of Full Trading on the dYdX Chain - Unlocking Trading Rewards & 6 Month Incentive Program

Retrieved on: 
Saturday, December 30, 2023

On November 28, 2023, the dYdX community supported progressing from the Beta Stage to Full Trading by activating Trading Rewards and the 6-month Launch Incentive Proposal.

Key Points: 
  • On November 28, 2023, the dYdX community supported progressing from the Beta Stage to Full Trading by activating Trading Rewards and the 6-month Launch Incentive Proposal.
  • Users of the dYdX Chain will qualify to receive rewards for performing certain actions on dYdX Chain.
  • Chaos Labs has focused on a robust reward distribution, designed to amplify dYdX Chain adoption, trading volume, and reward early adopters of the dYdX Chain.
  • Note, each distribution of DYDX rewards under the 6 month Launch Incentives Program is subject to approval from the dYdX Community via a dYdX governance proposal.

TRON Spearheading Global Adoption of Crypto Payments According to Messari Crypto Theses for 2024

Retrieved on: 
Saturday, December 30, 2023

Geneva, Switzerland, December 28, 2023 – TRON DAO is at the forefront of the evolving cryptocurrency payments landscape, as seen in the recent release of the insightful Messari Report: Crypto Theses 2024 .

Key Points: 
  • Geneva, Switzerland, December 28, 2023 – TRON DAO is at the forefront of the evolving cryptocurrency payments landscape, as seen in the recent release of the insightful Messari Report: Crypto Theses 2024 .
  • TRON DAO, with its robust infrastructure and commitment to accessibility, is pivotal in facilitating this global Payment paradigm shift.
  • The Messari Report also sheds light on the significant user migration from traditional stablecoins like USDC to USDT on TRON DAO.
  • The insights from the Messari Report affirm the significant role TRON DAO plays in the global shift towards digital solutions.