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The crypto market experienced a downturn following the release of a disappointing U.S. payrolls report. Bitcoin declined by 1.5%, Ethereum by 1%, and Solana by 2%. Polkadot remained relatively stable. The overall crypto market cap contracted by 2.4%, indicating a bearish sentiment among investors. #bitcoin☀️ $BTC $ETH $SOL #sol板块 #Polkdot
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SingularityDAO token holders have overwhelmingly approved a merger with Cogito Finance and SelfKey to create Singularity Finance, an EVM layer 2 platform aimed at tokenizing the AI economy. With 94.7% support from over 15 million SDAO tokens, this new venture will enhance DeFi and AI innovation. Co-Founder Mario Casiraghi expressed gratitude to the community, emphasizing the importance of their participation. Next steps include a vote from SelfKey’s KEY token holders, as the new platform aims to develop solutions in RWA tokenization and on-chain identity management. #singularityNET #Ai
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Tether reports a record $2.5 billion profit for Q3 2024, bringing its yearly total to $7.7 billion! This surge reflects the growing demand for stablecoins as USDT circulation hits an all-time high of nearly $120 billion—a 30% increase in 2024 alone. With reserves exceeding $105 billion, Tether is strategically positioned for future growth. CEO Paolo Ardoino emphasizes the importance of maintaining a substantial reserve buffer while exploring new lending opportunities in developing markets. As the stablecoin market evolves, Tether continues to lead the way! #Tether #Stablecoin #USDT
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Exciting news from the TON Foundation! They've launched Society DAO, a new governance model that empowers the community to participate in decision-making, resource allocation, and project management. This initiative aims to enhance decentralization within the TON ecosystem, moving away from a centralized model. With objectives like positioning TON as a gateway for real-world crypto use cases and growing the developer community, Society DAO is set to drive innovation and transparency. In January 2025, they’ll reveal key initiatives and invite community feedback to shape future goals. Join us in building a more resilient and inclusive $TON #TON #SocietyDAO #CryptoGovernance
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Incredible Evening with Trust Wallet : Where Innovation Meets Community! Last night was more than just a dinner - it was a masterclass in community engagement and customer-centric innovation. What made this event extraordinary? -The CEO Eowyn C. personally greeting every single table - Dedicated Trust Wallet team members collecting real-time community feedback -Interactive 30-question challenge connecting attendees- Kudos to the Winner Vaibhavv Ali for winning this Challenge. -Absolutely phenomenal cuisine that was as impressive as the conversation The level of commitment Trust Wallet shows to truly understanding their users is something special. It's not just about building a product; it's about building relationships. Kudos to the entire Trust Wallet team for creating an evening that wasn't just an event, but an experience. This is how you turn users into a community and customers into advocates! #TrustWallet #Cryptowallets #BinanceBlockchainWeek
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