GrantiX, an AI-powered SocialFi platform, has successfully launched its GRANT utility and governance token following multiple sold-out Initial DEX Offerings (IDOs). Now listed on major exchanges BitMart and BingX, the token activates an ecosystem designed to bring transparency and efficiency to the $1.57 trillion global impact economy by embedding charitable giving directly into blockchain infrastructure. Built on Arbitrum, GrantiX represents a significant move to turn impact investing from an opaque, offline activity into a scalable, programmable component of Web3.
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0 posts last weekEthereum traders seek hedges after Bybit hack raises downside concerns
Ethereum is trading around $2,650, down 5% in 24 hours, as traders react to the Bybit hack that resulted in the theft of 401,000 ether, valued at $1.5 billion. Analysts note a shift towards protective puts in derivatives markets, indicating growing bearish sentiment and concerns about further price declines. The hacker now holds enough stolen ether to become the 14th largest ETH holder, raising alarms among investors.
about Ethereum traders seek hedges after Bybit hack raises downside concernsStock Market Declines Amid Investor Uncertainty and Economic Concerns
U.S. stocks fluctuated on the first trading day of 2025, with the S&P 500 and Dow Jones down over half a percent amid investor uncertainty ahead of a political transition. Concerns about sustaining strong corporate profits and the potential for prolonged high interest rates contributed to market unease, particularly affecting high-growth stocks like Tesla, which fell nearly 7% after disappointing delivery numbers and a recent incident involving a Cybertruck. Investors are also weighing the Federal Reserve’s possible reversal on interest rate cuts as bond yields rise.
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