Crypto2023
208.3M views
102,095 Posts
Hot
Latest
Wall Street Journal journalists have published an article suggesting that #stablecoins will allow the US dollar to maintain its leading position in the global market and continue serving as the primary reserve currency. Economists Brian Brooks and Charles Calomiris are urging Congress to establish an effective and sustainable legal framework to actively develop stablecoins in the US.
A bill to regulate payments in stablecoins was proposed in July of this year by House Financial Services Committee Ranking Member Patrick McHenry. However, this proposal has faced a series of challenges as a bipartisan agreement has not been reached.
According to Brooks and Calomiris, there are increasing discussions about global de-dollarization. However, the experts emphasize that stablecoins can help avoid such a scenario. This asset class can replicate the post-war scenario when the US dollar became the key international currency.
It's worth noting statistics provided by IMF analysts. According to the data presented, the share of dollar assets held by global central banks has decreased from 73% to 59% over the past 22 years.
Brooks and Calomiris pointed out that the largest outflow of dollar assets is primarily observed from resource-exporting countries. For example, Brazil and Argentina have ratified agreements with China to use the yuan, real, and peso for mutual settlements.
The economists also highlighted that a sustainable de-dollarization could seriously damage the US economy. The essence is that further development of such a scenario would reduce the purchasing power of the American currency, significantly increasing the cost of imported goods.
#Crypto2023 #USDT #USDC #USA
A bill to regulate payments in stablecoins was proposed in July of this year by House Financial Services Committee Ranking Member Patrick McHenry. However, this proposal has faced a series of challenges as a bipartisan agreement has not been reached.
According to Brooks and Calomiris, there are increasing discussions about global de-dollarization. However, the experts emphasize that stablecoins can help avoid such a scenario. This asset class can replicate the post-war scenario when the US dollar became the key international currency.
It's worth noting statistics provided by IMF analysts. According to the data presented, the share of dollar assets held by global central banks has decreased from 73% to 59% over the past 22 years.
Brooks and Calomiris pointed out that the largest outflow of dollar assets is primarily observed from resource-exporting countries. For example, Brazil and Argentina have ratified agreements with China to use the yuan, real, and peso for mutual settlements.
The economists also highlighted that a sustainable de-dollarization could seriously damage the US economy. The essence is that further development of such a scenario would reduce the purchasing power of the American currency, significantly increasing the cost of imported goods.
#Crypto2023 #USDT #USDC #USA
đ A new player in the digital currency arena: #IslamicCoin , adhering to Sharia principles, combines ethics, technology, and finance. Its founder, Mohammed Al-Kaff Al-Hashmi, is recognized for his visionary approach and the implementation of a truly ethical blockchain ecosystem. Haqq is a leap into the future of digital finance, where ethics and technology harmoniously merge.
#Web3 #DeFi #Crypto2023 #BTC
#Web3 #DeFi #Crypto2023 #BTC
LIVEDyacon_frost
--
Sharia-Compliant Islamic Coin: Pioneering Ethical Digital Finance
In an age characterized by digital revolutions and financial innovations, a new player is entering the global arena of digital currency: Sharia-compliant Islamic Coin. This novel asset represents a fusion of ethical values, cutting-edge technology, and fintech strategies, all in alignment with the principles of Islamic finance.
At the forefront of this groundbreaking concept is Mohammed AlKaff AlHashmi, the visionary founder of the project. With a focus on blockchain technology, finance, sustainability, and computer science, AlHashmi's ambitions reach beyond the introduction of just another cryptocurrency. His brainchild, Haqq, embodies an ethics-driven blockchain ecosystem - an unprecedented feat in the realm of digital currency.
Distinguishing itself through Sharia-compliant practices, Islamic Coin addresses the needs of the global Muslim community, numbering over 2 billion. It presents a genuinely Sharia-compliant approach to participating in the digital asset realm. A core feature of the Haqq blockchain is its emphasis on transparency and traceability; every transaction is securely recorded on a decentralized ledger, thereby adhering to Islamic finance principles.
The project thrives on strategic partnerships with financial institutions, educational endeavors like the Blockchain Academy, and innovations such as a Sharia-compliant digital identity system and intelligent contracts. These elements collectively empower individuals, promote financial inclusivity, and propel the evolution of Islamic finance in the digital age. Notably, the initiative's commitment to community impact is exemplified by the forthcoming launch of The Evergreen DAO, a non-profit virtual foundation focused on sustainable practices and societal contributions.
Islamic Coin extends beyond the bounds of the MENA and GCC regions, embracing cryptocurrency enthusiasts and novices across the globe. This venture presents an enticing opportunity for individuals who share Muslim ethics and values, including transparency, sustainability, and an interest-free lifestyle.
On September 1st, 2023, a significant milestone will be achieved as Islamic Coin officially launches on both centralized and decentralized exchanges. Anticipation and intrigue have been palpable within Islamic circles and traditional finance sectors in the lead-up to this event. Notably, Islamic Coin has garnered an impressive $400 million, underscoring its robust financial support and the scale of its operations, as well as investors' enthusiastic engagement. The project team has also unveiled ambitious plans and signed Memorandums of Understanding (MOUs) to drive its expansion.
The integration of Islamic ethics into the digital finance landscape is a concept whose time has arrived, and the excitement surrounding Islamic Coin is tangible. The project's promise lies in reshaping the digital currency arena, establishing new benchmarks in the fintech industry, and creating a future where ethics and digital finance harmoniously coexist.
This marks the dawn of a new epoch in digital finance - a future shaped by ethical financial paradigms, where ethics and technology seamlessly converge, and the heritage of the past harmonizes with the potential of the future.
To remain updated on the latest developments and announcements and witness the growth narrative unfold, follow Islamic Coin on Twitter.
#IslamicCoin #Web3 #DeFi #Crypto2023 #BTC
At the forefront of this groundbreaking concept is Mohammed AlKaff AlHashmi, the visionary founder of the project. With a focus on blockchain technology, finance, sustainability, and computer science, AlHashmi's ambitions reach beyond the introduction of just another cryptocurrency. His brainchild, Haqq, embodies an ethics-driven blockchain ecosystem - an unprecedented feat in the realm of digital currency.
Distinguishing itself through Sharia-compliant practices, Islamic Coin addresses the needs of the global Muslim community, numbering over 2 billion. It presents a genuinely Sharia-compliant approach to participating in the digital asset realm. A core feature of the Haqq blockchain is its emphasis on transparency and traceability; every transaction is securely recorded on a decentralized ledger, thereby adhering to Islamic finance principles.
The project thrives on strategic partnerships with financial institutions, educational endeavors like the Blockchain Academy, and innovations such as a Sharia-compliant digital identity system and intelligent contracts. These elements collectively empower individuals, promote financial inclusivity, and propel the evolution of Islamic finance in the digital age. Notably, the initiative's commitment to community impact is exemplified by the forthcoming launch of The Evergreen DAO, a non-profit virtual foundation focused on sustainable practices and societal contributions.
Islamic Coin extends beyond the bounds of the MENA and GCC regions, embracing cryptocurrency enthusiasts and novices across the globe. This venture presents an enticing opportunity for individuals who share Muslim ethics and values, including transparency, sustainability, and an interest-free lifestyle.
On September 1st, 2023, a significant milestone will be achieved as Islamic Coin officially launches on both centralized and decentralized exchanges. Anticipation and intrigue have been palpable within Islamic circles and traditional finance sectors in the lead-up to this event. Notably, Islamic Coin has garnered an impressive $400 million, underscoring its robust financial support and the scale of its operations, as well as investors' enthusiastic engagement. The project team has also unveiled ambitious plans and signed Memorandums of Understanding (MOUs) to drive its expansion.
The integration of Islamic ethics into the digital finance landscape is a concept whose time has arrived, and the excitement surrounding Islamic Coin is tangible. The project's promise lies in reshaping the digital currency arena, establishing new benchmarks in the fintech industry, and creating a future where ethics and digital finance harmoniously coexist.
This marks the dawn of a new epoch in digital finance - a future shaped by ethical financial paradigms, where ethics and technology seamlessly converge, and the heritage of the past harmonizes with the potential of the future.
To remain updated on the latest developments and announcements and witness the growth narrative unfold, follow Islamic Coin on Twitter.
#IslamicCoin #Web3 #DeFi #Crypto2023 #BTC
According to the well-known #cryptotrader and analyst, Michael van de Poppe, who's famous for his crypto market analyses, it seems like a good time to consider buying #altcoins . In a recent post, Van de Poppe pointed out that altcoins are showing clear signs of breaking out, suggesting that the #bullmarket might be approaching sooner than expected.
Van de Poppe also cautioned investors about the reasons behind some altcoins experiencing price fluctuations. He believes that one apparent factor is the active encouragement of venture capitalists to invest, even without any significant new innovations in the market conditions.
Additionally, when major cryptocurrencies like Bitcoin start gaining momentum, it can signal a significant shift in the overall market. The upcoming Bitcoin halving, expected in the next 6 to 10 months, further supports Van de Poppe's recommendation to accumulate altcoins.
Furthermore, given the declining trust in traditional markets and disappointing investment returns, it's not unreasonable to think that the current period might represent the worst phase of the market cycle. Van de Poppe suggests that many investors have been holding onto their positions for years, anticipating major rallies.
As for Chainlink (LINK), one of the leading cryptocurrencies, Van de Poppe used it as an example. He noted that the price chart for $LINK indicates a prolonged consolidation phase with minimal movement. When approaching price resistance levels, investors could expect a breakout, and conversely, a decline when nearing the lower range.
In fact, the situation might involve a notable drop below previous low prices, followed by an upward breakout, a retest of the current resistance level, and holding as a support level. Van de Poppe mentioned that this could be a positive sign for a potential upward movement and the likelihood of a continued bullish trend.
#Cryptoprofit #Crypto2023
Van de Poppe also cautioned investors about the reasons behind some altcoins experiencing price fluctuations. He believes that one apparent factor is the active encouragement of venture capitalists to invest, even without any significant new innovations in the market conditions.
Additionally, when major cryptocurrencies like Bitcoin start gaining momentum, it can signal a significant shift in the overall market. The upcoming Bitcoin halving, expected in the next 6 to 10 months, further supports Van de Poppe's recommendation to accumulate altcoins.
Furthermore, given the declining trust in traditional markets and disappointing investment returns, it's not unreasonable to think that the current period might represent the worst phase of the market cycle. Van de Poppe suggests that many investors have been holding onto their positions for years, anticipating major rallies.
As for Chainlink (LINK), one of the leading cryptocurrencies, Van de Poppe used it as an example. He noted that the price chart for $LINK indicates a prolonged consolidation phase with minimal movement. When approaching price resistance levels, investors could expect a breakout, and conversely, a decline when nearing the lower range.
In fact, the situation might involve a notable drop below previous low prices, followed by an upward breakout, a retest of the current resistance level, and holding as a support level. Van de Poppe mentioned that this could be a positive sign for a potential upward movement and the likelihood of a continued bullish trend.
#Cryptoprofit #Crypto2023
The HAQQ Expedition: Join the Voyage through Ethical Finance with Islamic Coin.
We welcome our community to embark on the first wave of our learning challenges across the HAQQ Network and our partner platforms. Islamic Coin is centered on constant improvement, intertwining advanced tech and Islamic finance principles.
From its inception in 2022, we have aimed to fulfill our promise of sustainability, security, and adherence to Islamic financial norms. Our network's successful transition to a Proof of Stake consensus mechanism marks a major milestone toward these goals. Let's continue this voyage together.
What is the HAQQ Expedition?
This is a journey for users to explore the boundless potential of a Shariah-compliant blockchain network. The expedition includes challenges and opportunities to delve into the HAQQ ecosystem, earn points, and learn about our initiatives.
Why Join the Expedition?
The HAQQ Expedition is primarily about expanding the adoption and community of our network. This is a chance for the broader Web3 community to participate in the initiative of promoting ethical finance. Creating a more ethical and sustainable financial ecosystem is a collective effort.
Expedition Structure:
The Islamic Coin team will alternate between weeks of on-chain and off-chain activities, introducing challenges over the next few months on platforms like Galxe and Guild.xyz.
Why Participate?
The HAQQ Expedition is an opportunity to dive into ethical finance within the blockchain. Participants can engage in various "waves" or stages, undertake tasks, earn points, and strengthen their standing in the HAQQ community.
Your efforts significantly contribute to the growth of the HAQQ ecosystem and ethical finance in the blockchain space. You can also earn an opportunity to become an ambassador of Islamic Coin and gain roles that will give you extra perks and exclusive Guild PinS.
Stay tuned for more details on the campaign and rewards.
Islamic Coin & HAQQ Expedition Check-list:
Keep watching Islamic Coin channels, and donât miss the challenges of the expedition đ°
To give you an idea, here are some examples that will be qualified and contribute to the overall score:
Download and ĐĄreate HAQQ Wallet: https://haqq.network/wallet
Off-Chain Activities:
Social Media Engagement:
Follow Islamic Coin and HAQQ on Twitter, Discord, Telegram Channel, Telegram Group Chat, Instagram, Galxe, Medium, and YouTube.
Like and retweet all our Twitter posts, react to all our Medium articles, and like our Instagram posts.
Maintain weekly engagement on Discord/Telegram with at least 50 meaningful messages (Spamming will not be tolerated).
Participation in Activities:
Join in weekly activities on the Islamic Coin Telegram group chat and Discord.
Take part in Islamic Coin activities on Galxe and Guild.
Ambassadorship and Loyalty:
Strive to become an Ambassador of Islamic Coin.
Join the ranks of the Islamic Coin Maxi: Add â$ISLM Maxiâ to your Twitter bio and (đ,đ) to your Twitter name.
OATs and Guild Membership:
Accumulate and hold as many Islamic Coin OATs on Galxe as possible.
Join the Islamic Coin Guild on Guild.xyz.
Additional Resources:
Mint our articles on mirror.xyz.
[TestEdge2]Â On-Chain Activities:
Tokens and Transactions:
Claim your share of TestEdge2 $ISLM tokens using our faucets in Discord and Telegram.
Perform more than 10 transactions on the Testnet.
Stake any amount of $ISLM.
Network Participation:
Consider becoming a Validator of the HAQQ Network.
Participate in voting on governance proposals.
[Mainnet]Â On-Chain Activities:
Tokens and Transactions:
Claim your mainnet ISLM using our faucets in Discord and Telegram.
Perform more than 10 transactions on the Mainnet.
Islamic Coin is a native currency of Haqq, a community-run network dedicated to empowering an ethics-first Shariah-compliant financial ecosystem.
Find more:
In comments
#Crypto2023 #airdrop #Web3 #DeFi #IslamicCoin
From its inception in 2022, we have aimed to fulfill our promise of sustainability, security, and adherence to Islamic financial norms. Our network's successful transition to a Proof of Stake consensus mechanism marks a major milestone toward these goals. Let's continue this voyage together.
What is the HAQQ Expedition?
This is a journey for users to explore the boundless potential of a Shariah-compliant blockchain network. The expedition includes challenges and opportunities to delve into the HAQQ ecosystem, earn points, and learn about our initiatives.
Why Join the Expedition?
The HAQQ Expedition is primarily about expanding the adoption and community of our network. This is a chance for the broader Web3 community to participate in the initiative of promoting ethical finance. Creating a more ethical and sustainable financial ecosystem is a collective effort.
Expedition Structure:
The Islamic Coin team will alternate between weeks of on-chain and off-chain activities, introducing challenges over the next few months on platforms like Galxe and Guild.xyz.
Why Participate?
The HAQQ Expedition is an opportunity to dive into ethical finance within the blockchain. Participants can engage in various "waves" or stages, undertake tasks, earn points, and strengthen their standing in the HAQQ community.
Your efforts significantly contribute to the growth of the HAQQ ecosystem and ethical finance in the blockchain space. You can also earn an opportunity to become an ambassador of Islamic Coin and gain roles that will give you extra perks and exclusive Guild PinS.
Stay tuned for more details on the campaign and rewards.
Islamic Coin & HAQQ Expedition Check-list:
Keep watching Islamic Coin channels, and donât miss the challenges of the expedition đ°
To give you an idea, here are some examples that will be qualified and contribute to the overall score:
Download and ĐĄreate HAQQ Wallet: https://haqq.network/wallet
Off-Chain Activities:
Social Media Engagement:
Follow Islamic Coin and HAQQ on Twitter, Discord, Telegram Channel, Telegram Group Chat, Instagram, Galxe, Medium, and YouTube.
Like and retweet all our Twitter posts, react to all our Medium articles, and like our Instagram posts.
Maintain weekly engagement on Discord/Telegram with at least 50 meaningful messages (Spamming will not be tolerated).
Participation in Activities:
Join in weekly activities on the Islamic Coin Telegram group chat and Discord.
Take part in Islamic Coin activities on Galxe and Guild.
Ambassadorship and Loyalty:
Strive to become an Ambassador of Islamic Coin.
Join the ranks of the Islamic Coin Maxi: Add â$ISLM Maxiâ to your Twitter bio and (đ,đ) to your Twitter name.
OATs and Guild Membership:
Accumulate and hold as many Islamic Coin OATs on Galxe as possible.
Join the Islamic Coin Guild on Guild.xyz.
Additional Resources:
Mint our articles on mirror.xyz.
[TestEdge2]Â On-Chain Activities:
Tokens and Transactions:
Claim your share of TestEdge2 $ISLM tokens using our faucets in Discord and Telegram.
Perform more than 10 transactions on the Testnet.
Stake any amount of $ISLM.
Network Participation:
Consider becoming a Validator of the HAQQ Network.
Participate in voting on governance proposals.
[Mainnet]Â On-Chain Activities:
Tokens and Transactions:
Claim your mainnet ISLM using our faucets in Discord and Telegram.
Perform more than 10 transactions on the Mainnet.
Islamic Coin is a native currency of Haqq, a community-run network dedicated to empowering an ethics-first Shariah-compliant financial ecosystem.
Find more:
In comments
#Crypto2023 #airdrop #Web3 #DeFi #IslamicCoin
Vitalik Buterin's Assets: Selling or Something Else?
Recent Ethereum (ETH) transfers from addresses "associated with Vitalik Buterin" to several million dollars on a cryptocurrency exchange have piqued the community's interest. This situation has led to various speculations and theories, including the possibility of Vitalik selling some of his assets.
Approximately 20 days ago, an address linked to Vitalik executed a transfer of around 999 ETH, amounting to approximately $1.64 million, to another address. Previously, about 1701 ETH had been received on this address (0x5567) from a wallet also associated with Vitalik (0xD04dâŠ8fd7), and over the last 20 days, these funds have been transferred to Bitstamp.
Additionally, last year, an address associated with Vitalik (0xD04dâŠ8fd7) received a total of 70,000 ETH from an address marked as Vb 3. Out of these, 30,000 ETH were moved on May 6, 2022, and another 40,000 ETH on November 24, 2022.
The address connected to Vitalik (0xD04dâŠ8fd7) distributed 31,000 ETH to four separate addresses: 5700 $ETH went to 0xe692âŠ52B0, approximately 22,300 ETH to address 0x9e92âŠfb8e, roughly 2700 ETH to address 0x5567âŠ31b1, and around 300 ETH were deposited into Bitstamp.
Regardless of the motivations behind these transfers, the continued inflow of funds to cryptocurrency exchanges indicates a desire to manage assets, potentially including selling them. Vitalik Buterin leaves the future fate of his cryptocurrency assets open, making it an interesting development to watch.
#VitalikButerin #Ethereum #Cryptocurrency #crypto2024 #Crypto2023
Recent Ethereum (ETH) transfers from addresses "associated with Vitalik Buterin" to several million dollars on a cryptocurrency exchange have piqued the community's interest. This situation has led to various speculations and theories, including the possibility of Vitalik selling some of his assets.
Approximately 20 days ago, an address linked to Vitalik executed a transfer of around 999 ETH, amounting to approximately $1.64 million, to another address. Previously, about 1701 ETH had been received on this address (0x5567) from a wallet also associated with Vitalik (0xD04dâŠ8fd7), and over the last 20 days, these funds have been transferred to Bitstamp.
Additionally, last year, an address associated with Vitalik (0xD04dâŠ8fd7) received a total of 70,000 ETH from an address marked as Vb 3. Out of these, 30,000 ETH were moved on May 6, 2022, and another 40,000 ETH on November 24, 2022.
The address connected to Vitalik (0xD04dâŠ8fd7) distributed 31,000 ETH to four separate addresses: 5700 $ETH went to 0xe692âŠ52B0, approximately 22,300 ETH to address 0x9e92âŠfb8e, roughly 2700 ETH to address 0x5567âŠ31b1, and around 300 ETH were deposited into Bitstamp.
Regardless of the motivations behind these transfers, the continued inflow of funds to cryptocurrency exchanges indicates a desire to manage assets, potentially including selling them. Vitalik Buterin leaves the future fate of his cryptocurrency assets open, making it an interesting development to watch.
#VitalikButerin #Ethereum #Cryptocurrency #crypto2024 #Crypto2023
đ *Embarking on My #2023WithBinance Emotional Odyssey: A Crypto Journey Beyond the Stars đđ
- âš The Ripple of Emotion with #XRP
- Each transaction felt like a celestial dance, resonating across borders.
- From shaky beginnings to confident strides, #XRP became the cosmic choreography of my financial story. đđž
- đ« Navigating the Crypto Constellation, #Crypto2023 :
- Witnessing innovations felt like stargazing at dreams materializing.
- Highs of groundbreaking tech and lows of uncertain orbitsâan emotional constellation in my crypto universe. đ đź
- đ DeFi Waves of Freedom:
- Diving into DeFi wasn't just a financial plunge; it was an emotional baptism.
- Each step felt like surfing tides of empowermentâa symphony of financial liberation. đȘđ°
- đ€ #BinanceSquare: A Digital Carnival of Emotions:
- #BinanceSquare wasn't just a platform; it was a virtual carnival of emotions.
- Connecting, sharing triumphsâit was a carnival where emotions danced freely in every digital interaction. đĄđ€đ
- đ #BRC20 Tokens: The Emotional Symphony of Innovation:
- Venturing into #BRC20 tokens was an emotional expedition into innovation.
- Each token was a note in the cosmic symphonyâa promise of a new era. đȘđĄ
- đđ Celebrating the Stellar Milestones:
- Every milestone was a cosmic triumph, not just financial but emotional supernovas lighting up the crypto sky.
- From the spark of excitement to the cosmic sense of belongingâmy #2023WithBinance journey became an interstellar odyssey. đ âš
Join me in celebrating this unique and cosmic journey, where crypto transcends currency and becomes the stardust that forms the constellations of our lives. đđ
- âš The Ripple of Emotion with #XRP
- Each transaction felt like a celestial dance, resonating across borders.
- From shaky beginnings to confident strides, #XRP became the cosmic choreography of my financial story. đđž
- đ« Navigating the Crypto Constellation, #Crypto2023 :
- Witnessing innovations felt like stargazing at dreams materializing.
- Highs of groundbreaking tech and lows of uncertain orbitsâan emotional constellation in my crypto universe. đ đź
- đ DeFi Waves of Freedom:
- Diving into DeFi wasn't just a financial plunge; it was an emotional baptism.
- Each step felt like surfing tides of empowermentâa symphony of financial liberation. đȘđ°
- đ€ #BinanceSquare: A Digital Carnival of Emotions:
- #BinanceSquare wasn't just a platform; it was a virtual carnival of emotions.
- Connecting, sharing triumphsâit was a carnival where emotions danced freely in every digital interaction. đĄđ€đ
- đ #BRC20 Tokens: The Emotional Symphony of Innovation:
- Venturing into #BRC20 tokens was an emotional expedition into innovation.
- Each token was a note in the cosmic symphonyâa promise of a new era. đȘđĄ
- đđ Celebrating the Stellar Milestones:
- Every milestone was a cosmic triumph, not just financial but emotional supernovas lighting up the crypto sky.
- From the spark of excitement to the cosmic sense of belongingâmy #2023WithBinance journey became an interstellar odyssey. đ âš
Join me in celebrating this unique and cosmic journey, where crypto transcends currency and becomes the stardust that forms the constellations of our lives. đđ
LIVE
Binance Square Official
--
As the year comes to an end, 2023 has indeed been a transformative year for Binance on several fronts and we couldn't have done it without you! We want to see what your #2023WithBinance looked like in exchange for some exclusive swags âš
How to Participate:
1. Quote this post and share which trends you participated in with #2023WithBinance as a post on Binance Square.
2. Share it on your social media.
Weâll pick 15 users who completes the steps above to receive an exclusive Binance year-end swag set.
Activity Period: 2023-12-23 00:00 to 2023-12-31 23:59 (UTC)
Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this campaign, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.
Terms and Conditions:
1. This activity may not be available in your region. Only KYC-verified Binance users will be eligible to participate and qualify for rewards in this activity.
2. Winners will be notified via a push notification under Creator Center > Square Assistant 21 working days after the campaign ends.
How to Participate:
1. Quote this post and share which trends you participated in with #2023WithBinance as a post on Binance Square.
2. Share it on your social media.
Weâll pick 15 users who completes the steps above to receive an exclusive Binance year-end swag set.
Activity Period: 2023-12-23 00:00 to 2023-12-31 23:59 (UTC)
Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this campaign, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.
Terms and Conditions:
1. This activity may not be available in your region. Only KYC-verified Binance users will be eligible to participate and qualify for rewards in this activity.
2. Winners will be notified via a push notification under Creator Center > Square Assistant 21 working days after the campaign ends.
Wednesday's Crypto News: Fed, Binance, SEC, Stablecoins.
â
The Fed expectedly raised the rate by 0.25%.
Markets barely reacting and waiting for Powell's speech to start đż
Wednesday's news:
đž #Binance withdrew its license application in Germany. This is the same application that the exchange was denied 3 weeks ago đ€·ââïž
đž A Singapore court has recognized the $USDT stablecoin as property in the Bybit crypto exchange case
đž U.S. bank PacWest Bancorp promptly saved from collapse through merger with Banc of California
đž Namibia passes law to regulate cryptocurrencies
đž Binance adds (https://www.binance.com/en/support/announcement/binance-will-list-first-digital-usd-fdusd-and-introduce-fdusd-zero-trading-fee-promotions-065a0d561cc147ffaa74554360b9a042) new FDUSD stablecoin
đž Crypto project Quantstamp will pay #SEC a $28 million fine for 2017 ICO. Who's next? đĄ
đž Crypto exchange Kucoin denies mass layoffs of employees
#BTC #Crypto2023 #Cryptonews
Subscribe and put a like if it was useful and interesting đđ
Markets barely reacting and waiting for Powell's speech to start đż
Wednesday's news:
đž #Binance withdrew its license application in Germany. This is the same application that the exchange was denied 3 weeks ago đ€·ââïž
đž A Singapore court has recognized the $USDT stablecoin as property in the Bybit crypto exchange case
đž U.S. bank PacWest Bancorp promptly saved from collapse through merger with Banc of California
đž Namibia passes law to regulate cryptocurrencies
đž Binance adds (https://www.binance.com/en/support/announcement/binance-will-list-first-digital-usd-fdusd-and-introduce-fdusd-zero-trading-fee-promotions-065a0d561cc147ffaa74554360b9a042) new FDUSD stablecoin
đž Crypto project Quantstamp will pay #SEC a $28 million fine for 2017 ICO. Who's next? đĄ
đž Crypto exchange Kucoin denies mass layoffs of employees
#BTC #Crypto2023 #Cryptonews
Subscribe and put a like if it was useful and interesting đđ
A Comprehensive Guide to Evaluate Crypto Projects
Crypto Fundamental Analysis
Crypto fundamental analysis involves evaluating the most intrinsic factors affecting the value of crypto projects. Similar to traditional financial analysis used for the stock market, it analyzes the unique features of crypto assets. As a new crypto investor, understanding how to evaluate crypto tokens is crucial. The objective of crypto fundamental analysis is to find the correct value of a crypto token and determine if it is overvalued or undervalued.
Key Factors to Consider:
Team Background: The team behind a crypto project plays a critical role in its success. Research their history, experience, and cohesion as a team.White Paper Evaluation: Read the white papers of crypto projects to understand their strategies and goals. It serves as a roadmap for the crypto token.Project State: Check if the project has an existing blockchain network, MVP (Minimum Viable Product), or proof of concept. Avoid investing in projects that havenât started development.Website and Social Media: Visit the projectâs website to learn about its features and offerings. Analyze how well they engage with their community on social media platforms like Twitter, Reddit, or Discord.
Remember that the crypto market is volatile, and prices can swing significantly. Conduct thorough research before investing in any crypto project.
Remember to always do your due diligence and stay informed when investing in crypto projects. Happy investing! đđ
#Binance #Crypto2023 #ZKSNARK #Article #HotTrends
Crypto fundamental analysis involves evaluating the most intrinsic factors affecting the value of crypto projects. Similar to traditional financial analysis used for the stock market, it analyzes the unique features of crypto assets. As a new crypto investor, understanding how to evaluate crypto tokens is crucial. The objective of crypto fundamental analysis is to find the correct value of a crypto token and determine if it is overvalued or undervalued.
Key Factors to Consider:
Team Background: The team behind a crypto project plays a critical role in its success. Research their history, experience, and cohesion as a team.White Paper Evaluation: Read the white papers of crypto projects to understand their strategies and goals. It serves as a roadmap for the crypto token.Project State: Check if the project has an existing blockchain network, MVP (Minimum Viable Product), or proof of concept. Avoid investing in projects that havenât started development.Website and Social Media: Visit the projectâs website to learn about its features and offerings. Analyze how well they engage with their community on social media platforms like Twitter, Reddit, or Discord.
Remember that the crypto market is volatile, and prices can swing significantly. Conduct thorough research before investing in any crypto project.
Remember to always do your due diligence and stay informed when investing in crypto projects. Happy investing! đđ
#Binance #Crypto2023 #ZKSNARK #Article #HotTrends
#IslamicCoin , the currency of #HAQQ , a platform for creating a Shariah-compliant financial ecosystem, has entered into an agreement with #CoinDesk Indices. The cooperation is aimed at creating cryptocurrency indices for the Middle East and North Africa.
It will also allow CoinDesk Indices to be used in financial products. HAQQ will have access to the CoinDesk Indices API for its own digital exchange.
This collaboration promises to transform Shariah digital financial services in the context of a growing Islamic finance market projected to be worth over $3.69 trillion by 2024.
Mohammed AlKaff AlHashmi, founder of Islamic Coin, expressed enthusiasm: "This collaboration is shaping the landscape of Shariah digital financial services."
This initiative will facilitate the growth of blockchain financial services in the world of Islamic finance and supports the goals of financial inclusion in the region.
This collaboration between Islamic Coin and CoinDesk Indices has the potential to be a catalyst for the development of the decentralized Web3 in the region. It paves the way for the implementation of Shariah principles in digital assets and financial services, which could go a long way in supporting the adoption of blockchain technologies and cryptocurrencies in the Islamic financial sector.
Also, the development of Shariah-compliant cryptocurrency indices initiates the creation of new markets for trading and investment. This can increase liquidity and activity in the markets in the region and promote the development of cryptocurrency infrastructures.
#cryptoshark #Crypto2023
It will also allow CoinDesk Indices to be used in financial products. HAQQ will have access to the CoinDesk Indices API for its own digital exchange.
This collaboration promises to transform Shariah digital financial services in the context of a growing Islamic finance market projected to be worth over $3.69 trillion by 2024.
Mohammed AlKaff AlHashmi, founder of Islamic Coin, expressed enthusiasm: "This collaboration is shaping the landscape of Shariah digital financial services."
This initiative will facilitate the growth of blockchain financial services in the world of Islamic finance and supports the goals of financial inclusion in the region.
This collaboration between Islamic Coin and CoinDesk Indices has the potential to be a catalyst for the development of the decentralized Web3 in the region. It paves the way for the implementation of Shariah principles in digital assets and financial services, which could go a long way in supporting the adoption of blockchain technologies and cryptocurrencies in the Islamic financial sector.
Also, the development of Shariah-compliant cryptocurrency indices initiates the creation of new markets for trading and investment. This can increase liquidity and activity in the markets in the region and promote the development of cryptocurrency infrastructures.
#cryptoshark #Crypto2023
Islamic Coin Collaborates with CoinDesk Indices to Develop Shariah-Compliant Crypto Benchmarks
Islamic Coin, the native currency of HAQQ, a blockchain platform dedicated to creating a Shariah-compliant financial ecosystem, has recently entered into a memorandum of understanding (MoU) with CoinDesk Indices. This partnership aims to explore the development of Shariah-compliant cryptocurrency benchmarks tailored for the Middle East and North Africa markets.
Additionally, the collaboration seeks to enable the licensing of various CoinDesk Indices benchmarks for use in exchange-traded financial products. HAQQ, the blockchain platform housing Islamic Coin, will also gain access to CoinDesk Indices' API for selected digital assets, which will be utilized for its digital asset exchange.
The strategic alliance between Islamic Coin and CoinDesk Indices is expected to have a significant impact on the evolving landscape of Shariah-compliant digital financial services, given the forecasted growth of the global Islamic finance market. It is anticipated to exceed a staggering $3.69 trillion by 2024.
Mohammed AlKaff AlHashmi, the founder of Islamic Coin, expressed enthusiasm about the collaboration, stating, "With the global Islamic finance market forecasted to surpass $3.69 trillion by 2024, this collaboration is poised to reshape the landscape of Shariah-compliant digital financial services."
The collaboration signifies a pivotal step toward bridging the gap between the rapidly expanding cryptocurrency market and the principles of Islamic finance. By creating benchmarks that align with Shariah principles, Islamic Coin and CoinDesk Indices aim to provide a viable and compliant avenue for individuals and institutions in the Middle East and North Africa to participate in the burgeoning world of digital assets.
The synergy between HAQQ's commitment to Shariah compliance and CoinDesk Indices' expertise in crypto benchmarking is expected to contribute to the continued growth and acceptance of blockchain-based financial services within the Islamic finance ecosystem. This initiative not only supports the region's financial inclusion goals but also positions Islamic Coin and HAQQ as key players in shaping the future of Shariah-compliant digital finance.
#IslamicCoin #cryptousdua #BTC #ETH #Crypto2023
Additionally, the collaboration seeks to enable the licensing of various CoinDesk Indices benchmarks for use in exchange-traded financial products. HAQQ, the blockchain platform housing Islamic Coin, will also gain access to CoinDesk Indices' API for selected digital assets, which will be utilized for its digital asset exchange.
The strategic alliance between Islamic Coin and CoinDesk Indices is expected to have a significant impact on the evolving landscape of Shariah-compliant digital financial services, given the forecasted growth of the global Islamic finance market. It is anticipated to exceed a staggering $3.69 trillion by 2024.
Mohammed AlKaff AlHashmi, the founder of Islamic Coin, expressed enthusiasm about the collaboration, stating, "With the global Islamic finance market forecasted to surpass $3.69 trillion by 2024, this collaboration is poised to reshape the landscape of Shariah-compliant digital financial services."
The collaboration signifies a pivotal step toward bridging the gap between the rapidly expanding cryptocurrency market and the principles of Islamic finance. By creating benchmarks that align with Shariah principles, Islamic Coin and CoinDesk Indices aim to provide a viable and compliant avenue for individuals and institutions in the Middle East and North Africa to participate in the burgeoning world of digital assets.
The synergy between HAQQ's commitment to Shariah compliance and CoinDesk Indices' expertise in crypto benchmarking is expected to contribute to the continued growth and acceptance of blockchain-based financial services within the Islamic finance ecosystem. This initiative not only supports the region's financial inclusion goals but also positions Islamic Coin and HAQQ as key players in shaping the future of Shariah-compliant digital finance.
#IslamicCoin #cryptousdua #BTC #ETH #Crypto2023
Warp protocol is thrilled to announce that it is now LIVE on #Injective !
Starting with Astroport Limit Orders, Warp is all set to empower Injective developers in crafting a diverse array of new #DeFi  experiences for our amazing users.
 Find more: https://twitter.com/warp_protocol/status/1684235937604333568?s=20
#Crypto2023
Starting with Astroport Limit Orders, Warp is all set to empower Injective developers in crafting a diverse array of new #DeFi  experiences for our amazing users.
 Find more: https://twitter.com/warp_protocol/status/1684235937604333568?s=20
#Crypto2023
Galxe Integrates Injective to Catapult Community and User Engagement
Introduction:
Galxe, the leading platform for building #Web3 communities, has announced its official integration of #Injective L1, further solidifying its commitment to drive community engagement and growth. This strategic integration empowers projects on Injective to launch reward-based loyalty programs, creating immersive and enriching community campaigns. With Galxe's on-chain transaction tracking capabilities, projects can now craft targeted and personalized campaigns, fostering unprecedented user acquisition and engagement for dApps built on Injective and throughout the broader ecosystem.
What is Galxe?
Galxe is a revolutionary platform that facilitates the creation of reward-based loyalty programs for projects and their community members. Boasting over 11 million users, Galxe offers a vibrant space where users can explore various campaigns or follow "Spaces," which aggregate different campaigns associated with a single project.
Injective Joins the Galxe Ecosystem:
Injective becomes the latest L1 #blockchain to be integrated into the Galxe platform, joining the ranks of other leading blockchains like Polygon, Avalanche, and #BNB Chain. This integration introduces new possibilities for projects on Injective, allowing them to design more engaging and personalized campaigns. Whether it's reward programs, token airdrops, or gamified experiences, this newfound capability enables projects to provide highly tailored campaigns that keep users motivated, engaged, and actively participating in project activities.
Impact on the Injective Community:
The integration of Galxe is a game-changer for builders and users within the Injective ecosystem, bringing forth significant advantages for both parties.
Benefits for Developers:
Developers on Injective can now leverage Galxe's platform to launch reward-based loyalty programs effortlessly. By visiting Galxe's campaign page, projects can set up different campaigns for users to follow with a simple click of "Launch Campaign." Additionally, developers can tag their campaigns as a part of Injective, making it easier for Injective followers to stay informed about new campaigns from Injective dApps.
Advantages for Users:
For community members, the Galxe integration promises an array of exciting campaigns that deliver genuine value. Users now have more reasons to engage with projects, earn rewards, and actively participate in the broader Injective ecosystem.
A Milestone of Rapid Community Engagement and Growth:
Galxe's integration of Injective marks a significant milestone in promoting community engagement and growth. With the capability to run impactful community campaigns, projects on Injective can unleash their full potential. As the user base becomes more active, Injective and its ecosystem are poised to thrive, fostering an interconnected and thriving crypto community.
Conclusion:
The integration of Injective L1 into Galxe's platform heralds a new era of community engagement and growth for the Injective ecosystem. Projects can now take advantage of reward-based loyalty programs and personalized campaigns to attract and retain a more engaged user base. As the Injective community flourishes, it strengthens the foundation of a thriving and interconnected crypto ecosystem.
#Crypto2023
Galxe, the leading platform for building #Web3 communities, has announced its official integration of #Injective L1, further solidifying its commitment to drive community engagement and growth. This strategic integration empowers projects on Injective to launch reward-based loyalty programs, creating immersive and enriching community campaigns. With Galxe's on-chain transaction tracking capabilities, projects can now craft targeted and personalized campaigns, fostering unprecedented user acquisition and engagement for dApps built on Injective and throughout the broader ecosystem.
What is Galxe?
Galxe is a revolutionary platform that facilitates the creation of reward-based loyalty programs for projects and their community members. Boasting over 11 million users, Galxe offers a vibrant space where users can explore various campaigns or follow "Spaces," which aggregate different campaigns associated with a single project.
Injective Joins the Galxe Ecosystem:
Injective becomes the latest L1 #blockchain to be integrated into the Galxe platform, joining the ranks of other leading blockchains like Polygon, Avalanche, and #BNB Chain. This integration introduces new possibilities for projects on Injective, allowing them to design more engaging and personalized campaigns. Whether it's reward programs, token airdrops, or gamified experiences, this newfound capability enables projects to provide highly tailored campaigns that keep users motivated, engaged, and actively participating in project activities.
Impact on the Injective Community:
The integration of Galxe is a game-changer for builders and users within the Injective ecosystem, bringing forth significant advantages for both parties.
Benefits for Developers:
Developers on Injective can now leverage Galxe's platform to launch reward-based loyalty programs effortlessly. By visiting Galxe's campaign page, projects can set up different campaigns for users to follow with a simple click of "Launch Campaign." Additionally, developers can tag their campaigns as a part of Injective, making it easier for Injective followers to stay informed about new campaigns from Injective dApps.
Advantages for Users:
For community members, the Galxe integration promises an array of exciting campaigns that deliver genuine value. Users now have more reasons to engage with projects, earn rewards, and actively participate in the broader Injective ecosystem.
A Milestone of Rapid Community Engagement and Growth:
Galxe's integration of Injective marks a significant milestone in promoting community engagement and growth. With the capability to run impactful community campaigns, projects on Injective can unleash their full potential. As the user base becomes more active, Injective and its ecosystem are poised to thrive, fostering an interconnected and thriving crypto community.
Conclusion:
The integration of Injective L1 into Galxe's platform heralds a new era of community engagement and growth for the Injective ecosystem. Projects can now take advantage of reward-based loyalty programs and personalized campaigns to attract and retain a more engaged user base. As the Injective community flourishes, it strengthens the foundation of a thriving and interconnected crypto ecosystem.
#Crypto2023
LIVEBinance News
--
Binance Market Update (2023-08-06)
The global cryptocurrency market cap now stands at $1.16T, down by -0.52% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $28,979 and $29,142 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $29,076, down by -0.01%.
Most major cryptocurrencies by market cap are trading mixed. Market outperformers include YGG, OXT, and GTC, up by 71%, 29%, and 22%, respectively.
Top stories of the day:
101 ETH from Scam Token XPro Deposited into TornadoCash, Possible Future Scam Token PurchasesÂ
Bitcoin Whales Keep Accumulating Amid Market Turbulence, Indicating Positive OutlookÂ
Tether CTO Announces Completion of JavaScript Library Work for Mining HardwareÂ
English Law Commission Proposes New Legal Approach for Digital Assets; Aiming to Make UK Preferred DeFi JurisdictionÂ
Significant Liquidity Removed from Satori Token; Suspected HoneypotÂ
Azuki Bidding Robot Deceived, Loses 800 ETH; Owner Offers 10% Bug Bounty for 90% ReturnÂ
DeFi Trader Hanwe Chang Tricks Bot, Makes $1.4 Million in ETH on NFTsÂ
Multichain Exploiter Sells Stolen Assets Worth $36.7M, Spot On Chain ReportsÂ
SEC Awards $104 Million to Seven Whistleblowers for Aiding Enforcement Actions SuccessÂ
FBI Warns of Phishing Scams and Social Media Hijackers Targeting NFT and Crypto Space
Â
Â
Â
Market movers:
ETH: $1830.8 (-0.09%)
BNB: $244.6 (+1.24%)
XRP: $0.6322 (+0.52%)
DOGE: $0.07543 (-1.35%)
ADA: $0.2943 (+0.86%)
SOL: $23.14 (+1.40%)
TRX: $0.07707 (+0.72%)
DOT: $5.003 (+0.75%)
MATIC: $0.6701 (+0.63%)
LTC: $83.21 (+0.85%)
Top gainers on Binance:
YGG/BUSD (+71%)
OXT/BUSD (+29%)
GTC/BUSD (+22%)
Bitcoin (BTC) has been trading between $28,979 and $29,142 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $29,076, down by -0.01%.
Most major cryptocurrencies by market cap are trading mixed. Market outperformers include YGG, OXT, and GTC, up by 71%, 29%, and 22%, respectively.
Top stories of the day:
101 ETH from Scam Token XPro Deposited into TornadoCash, Possible Future Scam Token PurchasesÂ
Bitcoin Whales Keep Accumulating Amid Market Turbulence, Indicating Positive OutlookÂ
Tether CTO Announces Completion of JavaScript Library Work for Mining HardwareÂ
English Law Commission Proposes New Legal Approach for Digital Assets; Aiming to Make UK Preferred DeFi JurisdictionÂ
Significant Liquidity Removed from Satori Token; Suspected HoneypotÂ
Azuki Bidding Robot Deceived, Loses 800 ETH; Owner Offers 10% Bug Bounty for 90% ReturnÂ
DeFi Trader Hanwe Chang Tricks Bot, Makes $1.4 Million in ETH on NFTsÂ
Multichain Exploiter Sells Stolen Assets Worth $36.7M, Spot On Chain ReportsÂ
SEC Awards $104 Million to Seven Whistleblowers for Aiding Enforcement Actions SuccessÂ
FBI Warns of Phishing Scams and Social Media Hijackers Targeting NFT and Crypto Space
Â
Â
Â
Market movers:
ETH: $1830.8 (-0.09%)
BNB: $244.6 (+1.24%)
XRP: $0.6322 (+0.52%)
DOGE: $0.07543 (-1.35%)
ADA: $0.2943 (+0.86%)
SOL: $23.14 (+1.40%)
TRX: $0.07707 (+0.72%)
DOT: $5.003 (+0.75%)
MATIC: $0.6701 (+0.63%)
LTC: $83.21 (+0.85%)
Top gainers on Binance:
YGG/BUSD (+71%)
OXT/BUSD (+29%)
GTC/BUSD (+22%)
Sharia-Compliant Islamic Coin: Pioneering Ethical Digital Finance
In an age characterized by digital revolutions and financial innovations, a new player is entering the global arena of digital currency: Sharia-compliant Islamic Coin. This novel asset represents a fusion of ethical values, cutting-edge technology, and fintech strategies, all in alignment with the principles of Islamic finance.
At the forefront of this groundbreaking concept is Mohammed AlKaff AlHashmi, the visionary founder of the project. With a focus on blockchain technology, finance, sustainability, and computer science, AlHashmi's ambitions reach beyond the introduction of just another cryptocurrency. His brainchild, Haqq, embodies an ethics-driven blockchain ecosystem - an unprecedented feat in the realm of digital currency.
Distinguishing itself through Sharia-compliant practices, Islamic Coin addresses the needs of the global Muslim community, numbering over 2 billion. It presents a genuinely Sharia-compliant approach to participating in the digital asset realm. A core feature of the Haqq blockchain is its emphasis on transparency and traceability; every transaction is securely recorded on a decentralized ledger, thereby adhering to Islamic finance principles.
The project thrives on strategic partnerships with financial institutions, educational endeavors like the Blockchain Academy, and innovations such as a Sharia-compliant digital identity system and intelligent contracts. These elements collectively empower individuals, promote financial inclusivity, and propel the evolution of Islamic finance in the digital age. Notably, the initiative's commitment to community impact is exemplified by the forthcoming launch of The Evergreen DAO, a non-profit virtual foundation focused on sustainable practices and societal contributions.
Islamic Coin extends beyond the bounds of the MENA and GCC regions, embracing cryptocurrency enthusiasts and novices across the globe. This venture presents an enticing opportunity for individuals who share Muslim ethics and values, including transparency, sustainability, and an interest-free lifestyle.
On September 1st, 2023, a significant milestone will be achieved as Islamic Coin officially launches on both centralized and decentralized exchanges. Anticipation and intrigue have been palpable within Islamic circles and traditional finance sectors in the lead-up to this event. Notably, Islamic Coin has garnered an impressive $400 million, underscoring its robust financial support and the scale of its operations, as well as investors' enthusiastic engagement. The project team has also unveiled ambitious plans and signed Memorandums of Understanding (MOUs) to drive its expansion.
The integration of Islamic ethics into the digital finance landscape is a concept whose time has arrived, and the excitement surrounding Islamic Coin is tangible. The project's promise lies in reshaping the digital currency arena, establishing new benchmarks in the fintech industry, and creating a future where ethics and digital finance harmoniously coexist.
This marks the dawn of a new epoch in digital finance - a future shaped by ethical financial paradigms, where ethics and technology seamlessly converge, and the heritage of the past harmonizes with the potential of the future.
To remain updated on the latest developments and announcements and witness the growth narrative unfold, follow Islamic Coin on Twitter.
#IslamicCoin #Web3 #DeFi #Crypto2023 #BTC
At the forefront of this groundbreaking concept is Mohammed AlKaff AlHashmi, the visionary founder of the project. With a focus on blockchain technology, finance, sustainability, and computer science, AlHashmi's ambitions reach beyond the introduction of just another cryptocurrency. His brainchild, Haqq, embodies an ethics-driven blockchain ecosystem - an unprecedented feat in the realm of digital currency.
Distinguishing itself through Sharia-compliant practices, Islamic Coin addresses the needs of the global Muslim community, numbering over 2 billion. It presents a genuinely Sharia-compliant approach to participating in the digital asset realm. A core feature of the Haqq blockchain is its emphasis on transparency and traceability; every transaction is securely recorded on a decentralized ledger, thereby adhering to Islamic finance principles.
The project thrives on strategic partnerships with financial institutions, educational endeavors like the Blockchain Academy, and innovations such as a Sharia-compliant digital identity system and intelligent contracts. These elements collectively empower individuals, promote financial inclusivity, and propel the evolution of Islamic finance in the digital age. Notably, the initiative's commitment to community impact is exemplified by the forthcoming launch of The Evergreen DAO, a non-profit virtual foundation focused on sustainable practices and societal contributions.
Islamic Coin extends beyond the bounds of the MENA and GCC regions, embracing cryptocurrency enthusiasts and novices across the globe. This venture presents an enticing opportunity for individuals who share Muslim ethics and values, including transparency, sustainability, and an interest-free lifestyle.
On September 1st, 2023, a significant milestone will be achieved as Islamic Coin officially launches on both centralized and decentralized exchanges. Anticipation and intrigue have been palpable within Islamic circles and traditional finance sectors in the lead-up to this event. Notably, Islamic Coin has garnered an impressive $400 million, underscoring its robust financial support and the scale of its operations, as well as investors' enthusiastic engagement. The project team has also unveiled ambitious plans and signed Memorandums of Understanding (MOUs) to drive its expansion.
The integration of Islamic ethics into the digital finance landscape is a concept whose time has arrived, and the excitement surrounding Islamic Coin is tangible. The project's promise lies in reshaping the digital currency arena, establishing new benchmarks in the fintech industry, and creating a future where ethics and digital finance harmoniously coexist.
This marks the dawn of a new epoch in digital finance - a future shaped by ethical financial paradigms, where ethics and technology seamlessly converge, and the heritage of the past harmonizes with the potential of the future.
To remain updated on the latest developments and announcements and witness the growth narrative unfold, follow Islamic Coin on Twitter.
#IslamicCoin #Web3 #DeFi #Crypto2023 #BTC
Injective Token Burn Upgrade: INJ 2.0
Introduction
Injective, a pioneering force in the blockchain space, is set to release its most significant tokenomics upgrade to date, promising a substantial increase in weekly $INJ token burns. This transformative change allows all decentralized applications (dApps) built on the Injective platform to participate in the #INJ burn auctions, potentially revolutionizing the on-chain economy within the rapidly expanding Injective ecosystem
Revolutionizing Token Burn Auctions
Injective initially revolutionized the concept of token burn auctions with the launch of its mainnet. The Token Burn Auction, a unique mechanism, converted protocol fees into collective protocol value. In its initial implementation, 60% of exchange dApp transaction fees were allocated to an auction basket, with the tokens used for payment burned once the auction concluded. This ingenious approach not only reduced token supply but also incentivized community engagement and participation.
The New INJ Burn 2.0 Mechanism
As Injective evolved into a global powerhouse, accommodating a diverse range of dApps from DeFi to NFTs, it became evident that the token burn mechanism needed an upgrade to reflect this growth. The INJ 2.0 upgrade facilitates participation from any dApp on Injective in the burn auctions, making the token burn mechanism applicable to an array of protocols.
Under the upgraded system, various dApps, including lending platforms, NFT marketplaces, and prediction applications, can choose to contribute to the auction burn. Protocols can allocate up to 100% of their collected fees to the auction basket, resulting in increased rewards and more extensive INJ token burns. The revamped developer documentation provides clear instructions for integrating new dApps into the auction basket contribution process.
Unlocking INJ's Utility
The INJ Burn 2.0 upgrade introduces a new level of utility for the native INJ token. By expanding the scope of use cases integrated into the buy-back-and-burn mechanism, Injective opens up opportunities for enhanced community engagement and larger token burns. This upgrade amplifies potential rewards for auctions and contributes to the overall growth of the ecosystem.
INJ: A Catalyst for a New Economy
The INJ Burn 2.0 upgrade goes beyond mere technical improvements; it underscores Injective's dedication to cultivating an interconnected and thriving Web3 ecosystem. This expansion encourages collaboration, innovation, and collective growth, aligning with Injective's commitment to empowering the community.
Pioneering True Ultrasound Money
With INJ 2.0, Injective achieves a significant milestone in the evolution of finance. The platform's innovative approach takes the concept of digital money one step further, ushering in the era of "true ultrasound money" with the creation of INJ. This adaptable and inclusive upgrade empowers diverse dApps to participate in auction burns, enhancing community engagement and creating a more robust economic ecosystem.
Conclusion
Injective's INJ Burn 2.0 upgrade reflects the platform's forward-thinking approach to tokenomics and community empowerment. By extending the benefits of token burn auctions to a broader spectrum of protocols, Injective paves the way for a more interconnected and vibrant Web3 ecosystem. This transformative upgrade holds the promise of not only enhancing rewards and token burns but also fostering collaboration and innovation within the Injective community.
#Crypto2023 #DeFi #Web3 #blockchain
Injective, a pioneering force in the blockchain space, is set to release its most significant tokenomics upgrade to date, promising a substantial increase in weekly $INJ token burns. This transformative change allows all decentralized applications (dApps) built on the Injective platform to participate in the #INJ burn auctions, potentially revolutionizing the on-chain economy within the rapidly expanding Injective ecosystem
Revolutionizing Token Burn Auctions
Injective initially revolutionized the concept of token burn auctions with the launch of its mainnet. The Token Burn Auction, a unique mechanism, converted protocol fees into collective protocol value. In its initial implementation, 60% of exchange dApp transaction fees were allocated to an auction basket, with the tokens used for payment burned once the auction concluded. This ingenious approach not only reduced token supply but also incentivized community engagement and participation.
The New INJ Burn 2.0 Mechanism
As Injective evolved into a global powerhouse, accommodating a diverse range of dApps from DeFi to NFTs, it became evident that the token burn mechanism needed an upgrade to reflect this growth. The INJ 2.0 upgrade facilitates participation from any dApp on Injective in the burn auctions, making the token burn mechanism applicable to an array of protocols.
Under the upgraded system, various dApps, including lending platforms, NFT marketplaces, and prediction applications, can choose to contribute to the auction burn. Protocols can allocate up to 100% of their collected fees to the auction basket, resulting in increased rewards and more extensive INJ token burns. The revamped developer documentation provides clear instructions for integrating new dApps into the auction basket contribution process.
Unlocking INJ's Utility
The INJ Burn 2.0 upgrade introduces a new level of utility for the native INJ token. By expanding the scope of use cases integrated into the buy-back-and-burn mechanism, Injective opens up opportunities for enhanced community engagement and larger token burns. This upgrade amplifies potential rewards for auctions and contributes to the overall growth of the ecosystem.
INJ: A Catalyst for a New Economy
The INJ Burn 2.0 upgrade goes beyond mere technical improvements; it underscores Injective's dedication to cultivating an interconnected and thriving Web3 ecosystem. This expansion encourages collaboration, innovation, and collective growth, aligning with Injective's commitment to empowering the community.
Pioneering True Ultrasound Money
With INJ 2.0, Injective achieves a significant milestone in the evolution of finance. The platform's innovative approach takes the concept of digital money one step further, ushering in the era of "true ultrasound money" with the creation of INJ. This adaptable and inclusive upgrade empowers diverse dApps to participate in auction burns, enhancing community engagement and creating a more robust economic ecosystem.
Conclusion
Injective's INJ Burn 2.0 upgrade reflects the platform's forward-thinking approach to tokenomics and community empowerment. By extending the benefits of token burn auctions to a broader spectrum of protocols, Injective paves the way for a more interconnected and vibrant Web3 ecosystem. This transformative upgrade holds the promise of not only enhancing rewards and token burns but also fostering collaboration and innovation within the Injective community.
#Crypto2023 #DeFi #Web3 #blockchain
#HAQQ has exciting news to share! They have entered into a strategic partnership with Thea Carbon, who will become the exclusive provider of carbon offsetting infrastructure to the #IslamicCoin ecosystem. Thea Carbon will also be the preferred sustainability partner to Evergreen DAO. This partnership aims to make sustainability an integral part of blockchain development, allowing HAQQ users to measure and offset their carbon footprint.
Here are the key highlights of this partnership:
Sustainable Blockchain Development: HAQQ's collaboration with Thea Carbon aims to integrate sustainability into the HAQQ ecosystem. Users will be able to calculate the carbon footprint of their activities using Thea's web-based estimator, accessed through Thea's Software Development Kit (SDK). This integration will provide users with insights into their environmental impact, covering financial transactions and everyday activities.
Green Mode: HAQQ will introduce a groundbreaking "Green mode" for Islamic Coin wallet holders. In this mode, users' interactions with the HAQQ ecosystem will automatically offset their activities' carbon footprint using Thea Carbon's #web3 solution.
Measurable Impact: Thea Carbon will assist HAQQ in measuring, auditing, reducing, and offsetting its emissions across various scopes. This initiative aligns with international standards and commitments like SBTi, TCFD, GRI-305, and CDP, ensuring a positive impact on upcoming events such as Cop 28 in Dubai.
Climate-Positive Rewards: HAQQ and Thea Carbon plan to incorporate rewards for climate-positive actions into HAQQ's loyalty program. They also intend to launch climate-positive marketing initiatives to promote sustainability across different media channels.
This partnership highlights HAQQ's commitment to sustainability, transparency, and ethical blockchain development. Stay tuned for more updates on their ongoing efforts to create a greener blockchain ecosystem.
#Crypto2023 #crypto2024
Here are the key highlights of this partnership:
Sustainable Blockchain Development: HAQQ's collaboration with Thea Carbon aims to integrate sustainability into the HAQQ ecosystem. Users will be able to calculate the carbon footprint of their activities using Thea's web-based estimator, accessed through Thea's Software Development Kit (SDK). This integration will provide users with insights into their environmental impact, covering financial transactions and everyday activities.
Green Mode: HAQQ will introduce a groundbreaking "Green mode" for Islamic Coin wallet holders. In this mode, users' interactions with the HAQQ ecosystem will automatically offset their activities' carbon footprint using Thea Carbon's #web3 solution.
Measurable Impact: Thea Carbon will assist HAQQ in measuring, auditing, reducing, and offsetting its emissions across various scopes. This initiative aligns with international standards and commitments like SBTi, TCFD, GRI-305, and CDP, ensuring a positive impact on upcoming events such as Cop 28 in Dubai.
Climate-Positive Rewards: HAQQ and Thea Carbon plan to incorporate rewards for climate-positive actions into HAQQ's loyalty program. They also intend to launch climate-positive marketing initiatives to promote sustainability across different media channels.
This partnership highlights HAQQ's commitment to sustainability, transparency, and ethical blockchain development. Stay tuned for more updates on their ongoing efforts to create a greener blockchain ecosystem.
#Crypto2023 #crypto2024
Daily summary on November 2, 2023
$SOL $AR $CAKE #RUNE $NEO $BTC $ETH $SOL $SUSHI $LINK
#dailysummary #DeFi #Crypto2023
$SOL $AR $CAKE #RUNE $NEO $BTC $ETH $SOL $SUSHI $LINK
#dailysummary #DeFi #Crypto2023
