All about Hedera, Binance integrates USDC on the Hedera network.
1. What is USDC on Hedera? + USDC on Hedera is a USD-backed stablecoin issued by Circle directly on the Hedera network. It is one of the most popular stablecoins in the cryptocurrency ecosystem, widely used in transactions and decentralized finance (DeFi) activities.
2. Why should you use USDC on Hedera? + Sending USDC on Hedera is currently the most cost-effective way to send stablecoin USDC. The fees for sending USDC on Hedera are extremely low, much cheaper than sending on other blockchains such as Ethereum, Solana, SUI, Cronos, Arbitrum, Avalanche, XLM, Optimism, Polygon, Base, ZkSync, or NEAR.
All about Hedera, Binance integrates USDC on the Hedera network. 1. USDC on Hedera. + USDC on Hedera is a stablecoin issued by Circle and backed by USD, traded directly on the Hedera network. Transactions with USDC on Hedera have extremely low costs, significantly cheaper than other blockchains like Ethereum and Solana. The DeFi ecosystem of Hedera allows users to earn yields of up to 20% APR when trading USDC. 2. What is Hedera? + Hedera is an open-source enterprise-level blockchain platform that uses the hashgraph consensus algorithm, enabling it to process over 10,000 transactions per second with extremely low transaction fees ($0.0001). This platform is governed by major corporations such as Google, IBM, Dell, Chainlink, and many other prominent organizations. 3. Benefits of using DeFi on Hedera. + Hedera has a protective mechanism against MEV (Miner Extractable Value) attacks, helping to reduce risks such as "front-running" and market manipulation. + The largest DEX on Hedera: SaucerSwap, with yields of up to 20% APR when trading and providing liquidity with USDC. + The largest lending platform: Bonzo Finance, using the AAVE protocol, allows users to earn a yield of 17% APR when lending or providing liquidity with USDC. 4. Wallets used on Hedera. + HashPack Wallet is the top choice on Hedera, enabling users to easily interact with DeFi applications while ensuring high security. 5. How to participate in DeFi on Hedera. + Buy hUSDC on Binance. + Send to HashPack wallet. + Connect the wallet with Bonzo Finance or SaucerSwap, send hUSDC to earn yields from 17-20% APR. $USDC @Hedera @HBAR Foundation
21SHARES filed a registration application for the SUI ETF in the state of Delaware. This is the first step in the process of seeking ETF approval in the US. Once completed, 21SHARES will be able to submit the official application to the SEC to launch the SUI ETF fund. This is the second fund to file a registration application for the SUI ETF after CANARY. $SUI
ZKSync has recovered $5 million that was hacked. $ZK
LinhCrypto
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An admin account has been compromised and lost control of ~5 million dollars worth of ZK tokens from the unclaimed airdrop. Users are not affected, all assets and the ZKsync protocol remain safe. This is an isolated incident, affecting only the airdrop contract. ZKsync is investigating and will provide detailed updates within the day. $ZK
Update: The whale has sold 407,467 TRUMP at a price of $14, generating 5.73 million USDC. Profit of $730k after 20 minutes. $TRUMP
LinhCrypto
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Bullish
Whale ranking. After the news that the top 220 holders will be invited to a dinner with Mr. Trump, a whale spent 5 million USDC to buy 407,467 TRUMP at an average price of $12.27. $TRUMP
Dinner will take place on May 22 at the Trump National Golf Club in Washington, D.C. In addition, the project has just announced that both the initial token unlock and the next three months of daily unlocks will be extended by an additional 90 days. $TRUMP
Whale ranking. After the news that the top 220 holders will be invited to a dinner with Mr. Trump, a whale spent 5 million USDC to buy 407,467 TRUMP at an average price of $12.27. $TRUMP
Subtract the wallet of the exchange with the wallet of the project team, you will need to hold around $300k TRUMP to have dinner with Mr. Trump. $TRUMP
LinhCrypto
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President Donald Trump intends to host a private dinner for those holding TRUMP tokens. His team is currently building a website to serve this event. I wonder how much TRUMP one needs to hold to be able to participate in the event, huh guys =))) $TRUMP
Floki collaborates with Rice Robotics to launch MiniBot M1, an AI-supported robot on the RICE AI platform. This collaboration also includes tokenizing the Rice brand and the AI data market through TokenFi, a project associated with Floki. $FLOKI
CANARY submits application for SEI ETF in the state of Delaware including staking. This is the first step in the process of seeking ETF approval in the US. Once completed, CANARY will be able to submit an official application to the SEC to launch the ETF fund for SEI. $SEI
French game developer Ubisoft has partnered with blockchain game studio Immutable to launch a new mobile game called Might and Magic Fates. Expected to be released in the first half of this year, the game aims to seamlessly integrate the Immutable ecosystem with the community of over 138 million Ubisoft Connect users. $IMX
DWF Labs invests $5 million in Mask Network (MASK) to accelerate the infrastructure of decentralized social networks, aiming to connect Web2 and Web3 and promote the next step of an open Internet. Looks like a familiar chart, the possibility that DWF Labs is also the MM of MASK is quite high. $MASK
WHEN ASKED IF HE WAS TOUGH ON CHINA, TRUMP SAID NO. These are Trump's statements this morning: TRUMP: TARIFFS ON CHINA WILL NOT BE AS HIGH AS 145%. TRUMP: TARIFFS ON CHINA WILL BE SIGNIFICANTLY LOWER. TRUMP: TARIFFS ON CHINA "WILL NOT BE NEAR" 145%. TRUMP: THERE IS NO INTENTION TO FIRE FED CHAIR POWELL. TRUMP: THERE HAS NEVER BEEN A PLAN TO FIRE FED CHAIR POWELL. $BTC $SUI $PEPE