Bitget has announced the listing of Bluefin (BLUE) in its Innovation and DeFi Zone, with deposits open now and trading starting on December 31, 2024. Bluefin, a decentralized trading platform on the Sui blockchain, has achieved over $40 billion in trading volume since its launch in September 2023. To celebrate the listing, Bitget is offering a 7-day promotion for users to purchase BLUE with 0% fees using credit or debit cards.
about Bitget Lists Bluefin in Innovation and DeFi Zone with Special PromotionBrevan Howard
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LAOS Network Partners with Sequence to Enhance Web3 Gaming Experience
LAOS Network has partnered with Sequence to enhance Free-2-Play gaming in the blockchain space, leveraging Sequence’s technology to tackle high gas fees and network congestion. This collaboration aims to empower developers to tokenize in-game assets seamlessly across EVM blockchains, while the LAOS Grant Program offers resources to support innovative web3 projects. The LAOS utility token will be available for trading on MEXC and Bit2Me starting November 19, 2024.
about LAOS Network Partners with Sequence to Enhance Web3 Gaming ExperienceNEAR Faces Challenges Despite Institutional Interest and Market Developments
NEAR continues to struggle, experiencing a 21% decline despite a broader market recovery. However, the launch of Libre Capital on the NEAR Protocol introduces tokenized real-world assets, potentially attracting institutional interest and enhancing the platform’s appeal. Currently, NEAR is stabilizing between the $3.8-$4.3 range, with hopes of breaking through $4.3 in the medium term, contingent on overall market momentum.
about NEAR Faces Challenges Despite Institutional Interest and Market DevelopmentsCrypto Startups Raise 141 Million in Two Weeks Despite Market Downturn
In the first 12 days of August, $141.3 million was raised across 20 crypto startups, despite a downturn in the market. Morpho led the funding with $50 million, followed by Andrena’s $18 million and Vessel’s $10 million, showcasing strong investor confidence in blockchain and Web3 innovations.
about Crypto Startups Raise 141 Million in Two Weeks Despite Market DownturnLorenzo Protocol: Supercharging Bitcoin DeFi with Liquid Restaking
Lorenzo Protocol aims to bridge the gap between Bitcoin and decentralized finance (DeFi) by introducing a liquid restaking protocol. This protocol allows users to stake the stBTC derivative token across multiple blockchains, earning additional yield from their staked Bitcoin. The platform also plans to expand its ecosystem to include various products such as yield swap products, lending protocols, insurance products, and BTC-backed stablecoins.
about Lorenzo Protocol: Supercharging Bitcoin DeFi with Liquid RestakingThe Rise of Meme Coins in the Crypto Industry
Justin Sun, the founder of Tron DAO, expressed strong support for meme coins like Dogecoin, Shiba Inu, and Floki during the Token 2049 conference, emphasizing their role in distinguishing the crypto industry from traditional finance. He highlighted the significant market valuations of top meme coins, attributing their success to factors such as fair launches and community engagement. US hedge funds are increasingly seeking exposure to meme coins, with notable firms like Stratos and Pantera Capital making significant investments in this sector, recognizing the substantial opportunities presented by meme coin trading.
about The Rise of Meme Coins in the Crypto IndustryThe Rise of Memecoins: Hedge Funds Enter Volatile Crypto Market
Memecoins have surged alongside Bitcoin, attracting hedge funds like Stratos and Brevan Howard. Tokens like Dogwifhat and Baby Doge Coin hit all-time highs, with Pantera Capital noting their potential for significant gains. While some see memecoins as part of a retail frenzy, others argue they’ve evolved into a meaningful community-driven investment opportunity.
about The Rise of Memecoins: Hedge Funds Enter Volatile Crypto MarketThe Rise of Memecoins: Hedge Funds’ Growing Interest in Memecoin Sector
The hedge fund industry is increasingly investing in memecoins due to their substantial profits, with some funds achieving significant returns. Despite skepticism from some, others see memecoins as more than just speculative assets, with the infrastructure supporting them improving. Memecoins have emerged as the most profitable crypto narrative, with growing interest and adoption from hedge funds.
about The Rise of Memecoins: Hedge Funds' Growing Interest in Memecoin SectorAptos Ascend: Financial Suite for Institutional Digital Asset Management
Aptos Labs, in collaboration with Microsoft, Brevan Howard, and SK Telecom, has launched Aptos Ascend, a suite of institutional solutions for global financial institutions. The platform aims to enable regulatory-compliant digital asset management at scale, offering tools for privacy, Know Your Customer (KYC) and anti-money laundering (AML) checks, and transaction controls. It also provides unparalleled transaction efficiency, secure asset management, and support for building an extended ecosystem for adoption.
about Aptos Ascend: Financial Suite for Institutional Digital Asset ManagementLibre Launches On-Chain Tokenization of Alternative Assets with BlackRock Collaboration
Libre, a Web3 platform, has launched on-chain, enabling the tokenization of alternative assets. Collaborating with firms like BlackRock, it offers access to reputable money market funds and plans to introduce collateralized lending. The platform aims to integrate with various Layer 1 and Layer 2 protocols through its Libre Gateway, paving the way for blockchain services to become accessible and proficient at scale.
about Libre Launches On-Chain Tokenization of Alternative Assets with BlackRock Collaboration