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Big news from #Australia The Australian Securities Exchange (ASX) might give the greenlight to the first spot #Bitcoin ETFs by 2024’s close, Bloomberg reports. With at least two applications in and another on the way, the future looks bright for crypto investors down under.

Big news from #Australia

The Australian Securities Exchange (ASX) might give the greenlight to the first spot #Bitcoin ETFs by 2024’s close, Bloomberg reports. With at least two applications in and another on the way, the future looks bright for crypto investors down under.

Отказ от отговорност: Включва мнения на трети страни. Това не е финансов съвет. Може да включва спонсорирано съдържание. Вижте Правилата и условията.
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$AR Summary: 1. The total amount is 21 million, 33.3% is used for AR mining rewards, 66.6% is used for asset pledge mining rewards (currently supports stETH), and 0.001% can be exchanged for CRED; 2. AR mining starts from the test network launch date (Eastern US: February 17, 2024 11:00), and is issued every 5 minutes according to the balance of the holder's address. The monthly cumulative distribution is 1.425% of the remaining supply; (equivalent to halving in 4 years) 3. AO tokens will remain locked until about 15% of the tokens are released and can be withdrawn, which is expected to be February 8, 2025 4. CRED is exchanged for AO at 1000:1, and the lock-up period is the same as above; 5. As of June 13, the stock of AO is 1.0387 million, which is extremely rare; 6. Cross-chain asset (ETH) pledge mining starts from June 2024 Starting at 11:00 a.m. EST on the 18th, the reward ratio will be issued according to the proportion of individual pledged assets to total pledged assets, and the lock-up time and halving are the same as AR mining; 7. No pledge is required to participate in AR mining, just hold it, and the part placed on the exchange can be requested from the exchange; Highlights: 1. 100% community held, 0 official reservation; 2. Activate the Defi ecosystem of ao through cross-chain asset pledge; 3. Long-term holding of AR can continue to obtain AO rewards, which is beneficial to AR miners to ensure a stable and permanent network foundation; Disadvantages: 1. No specific discussion of the application scenarios of AO. At present, the main application scenario is the GAS fee of ao; DYOR before investing
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OKX to Launch ONE Subscriptions on On-chain Earn Platform OKX, a prominent cryptocurrency exchange, has announced the launch of ONE subscriptions on its On-chain Earn platform. According to OKX, the new feature will be available starting from 1:00 pm UTC on June 13, 2024. On-chain Earn Highlights On-chain Earn allows users to stake their digital assets and earn rewards directly on the blockchain. This initiative aims to simplify the process of earning on-chain rewards for users. OKX has provided a straightforward guide to stake ONE on the On-chain Earn platform: How to Stake ONE On Browser: Navigate to the Grow section, then to Earn, and select On-chain Earn. Search for ONE and select subscribe. On the OKX App: Navigate through Grow, then to Earn, and select On-chain Earn. Search for ONE and select subscribe. Important Considerations OKX has highlighted several key points for users to consider before subscribing to On-chain Earn products: Each Proof of Stake project may have different rules. Users should carefully read and understand these rules, which include details on the minimum redemption amount, interest accrual start time, reward distribution time, principal redemption period, and expected annualized earnings. OKX will extract a certain percentage of fees from users. Detailed fee information is available on the product introduction page. OKX assumes no responsibility for disputes over any agreement, hacking incidents, project fraud, or other risks that may result in asset loss for subscribers. OKX expressed gratitude for user support and mentioned that more On-chain Earn products would be launched in the coming weeks. Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions. $ONE DYOR before investing
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BlackRock’s Move Into RWA Signals Potential 100x Returns: Here Are the Top 8 Cryptocurrencies In one of his latest tweets, prominent crypto analyst Ardizor highlighted the growth potential of Real-World Asset (RWA) tokens, particularly those listed on Binance, following BlackRock’s entry into the RWA space. The analyst suggests that a $100 investment in the right RWA tokens could yield around $10,000 by 2025, and has identified eight of the most promising bets in this sector. The RWA market is expected to reach $16 trillion by 2030, compared to its current market cap of over $60 million, indicating a massive growth potential. Patex (PATEX) – The largest RWA blockchain ecosystem in Latin America, backed by Acura Capital and partnered with top global RWA players. Pendle Finance (PENDLE) – A yield tokenization protocol that enables speculation and hedging on future yields through a novel AMM supporting time-decaying assets. Dusk Network (DUSK) – A Layer 1 blockchain protocol that powers privacy-preserving smart contracts while satisfying business compliance criteria. MANTRA Chain (OM) – The first RWA Layer 1 Blockchain on the Cosmos ecosystem, ensuring adherence to real-world regulatory requirements. LTO Network (LTO) – A hybrid blockchain platform with business-to-business functionalities, partnered with the United Nations and Dutch Government. Goldfinch (GFI) – A credit protocol targeting emerging markets, offering crypto returns for capital providers and crypto loans without requiring crypto collateral. Polymesh (POLYX) – An institutional-grade, permissioned blockchain designed for regulated assets, addressing challenges in governance, identity, compliance, confidentiality, and settlement. Hifi Finance (HIFI) – A lending protocol on the Ethereum blockchain, enabling users to borrow against their digital assets at a fixed interest rate. Each of these tokens has unique features, partnerships, and market metrics that position them as strong contenders in the RWA space. DYOR before investing
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Top 10 Layer 2 Projects to Watch in the Near Future part-5 ( finall part ) 9. Metis Metis is a Layer-2 project leveraging the Optimistic Rollups model to ensure secure and efficient transactions on Ethereum. It supports a diverse ecosystem including DeFi, NFT, and GameFi projects. Supported by OKX Ventures and Genblock Capital, Metis has raised $11 million and continues to foster a vibrant and diverse ecosystem. 10. zkSync zkSync is a pioneering Layer-2 solution that implements groundbreaking zk-rollup technology to scale Ethereum. Its goal is to enhance Ethereum’s throughput while preserving core values like decentralization, autonomy, and scalability. With backing from major investors like a16z and Coinbase Ventures, zkSync has successfully raised $458 million and is growing rapidly with numerous DeFi, Bridge, NFT, and DAO projects within its ecosystem. When choosing to invest in Layer-2 projects, consider the following factors: EVM Compatibility: Prioritize Layer-2 solutions compatible with the Ethereum Virtual Machine (EVM), such as Arbitrum, zkSync Era, and Linea. Scalability and Efficiency: Look for projects with high scalability and low costs, especially for financial applications. Security: Ensure the Layer-2 project maintains a high level of decentralization and security similar to the Ethereum mainnet. ZK-Rollups often offer stronger security compared to Optimistic Rollups. Interoperability: Evaluate how effectively the project interacts with other networks within the Ethereum ecosystem. Operational History: Seek out Layer-2 networks with proven reliability and performance based on reviews from developers and users. Conclusion The recent developments in the cryptocurrency market have underscored the importance of Layer-2 projects for Ethereum. These projects not only address Ethereum’s scalability challenges but also present attractive investment opportunities. Projects like Polygon, Optimism, and Arbitrum are at the forefront of shaping the future of blockchain technology and decentralized applications. DYOR
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