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Foxify Announce Partnership with Tyson Fury

PRESS RELEASE. Foxify have just confirmed a brand partnership with Tyson Fury in an industry leading move. It comes following the hype of the brand reveal in January. The two-time world heavyweight champion is undefeated, with a legion of fans that follow his extraordinary career. What is Foxify? From the founding team of MDB (Make DeFi Better) comes the next generation of peer-to-peer trading, a unique platform that is yet to be seen in the DeFi space: Foxify.Following from previous successes, the team brings you their latest innovation, enter: Foxify. A first of its kind, decentralized peer-to-peer trading platform. Foxify will allow users to trade any pair or any token. The technology is built with the power to enable trading on pegged tokens that track currencies, commodities and assets beyond crypto. It’s 100% trustless, managed completely by smart contracts and is free to use. More details will be revealed as launch approaches, but it is set to be huge as it has the power to disrupt a $200 trillion dollar industry, and is scalable across global markets.

Foxify aims to put the power in users hands, traditional exchanges and decentralized trading platforms are still heavily weighted against the user being successful, Foxify levels the playing field and allows traders opportunities to trade against peers without the ‘house advantage’.
Investigation Phase Of Digital Euro To End In Autumn Of 2023 – ECB Board Member

Supervised intermediaries like banks and payment service providers would facilitate the distribution of a digital euro. This is according to Fabio Panetta, Member of the Executive Board of the ECB, whilst making a presentation at the European Banking Federation Executive Committee Meeting on March 10, 2023.

Panetta said that the digital euro will only complement but not replace cash, wholesale central bank deposits, or other electronic payment methods. According to Panetta, a digital euro scheme appears to be the best way of distributing the digital euro and ensuring usability throughout the euro area.
OKX To Power Web 3.0 Innovation as a Sponsor of Consensus 2023-Affiliated Hackathon ‘Web3athon’

April 13, 2023 – Victoria, Seychelles

OKT Chain (OKTC), the EVM and Wasm-compatible chain backed by OKX – the world’s second-largest crypto exchange by trading volume – has announced its sponsorship of the upcoming Web3athon event taking place in conjunction with Consenus 2023.Organized by Coindesk, Hackerearth and Alchemy, the event is set to take place online from April 17 to May 31, 2023, with additional offline activities taking place at Consensus 2023 in Austin, Texas.

Following the success of the 2022 Web3athon event, which was the largest multi-chain hack to date, this year’s event promises to be even bigger and better, bringing together over 5,000 developers from around the world to create new decentralized applications.
Hong Kong’s Largest Virtual Bank Offers Crypto Conversion Services

ZA Bank, Hong Kong’s biggest virtual-only lender, intends to expand its business into the region’s growing digital assets sector. The banking platform will offer crypto-to-fiat conversions and account services as the Chinese financial center is seeking to embrace the industry.

ZA Bank to Provide Services to Crypto Exchanges Licensed in Hong KongHong Kong’s first and largest virtual bank, co-founded by Chinese billionaire Ou Yaping, is looking to facilitate transfers of digital and fiat currencies for participants in the city’s developing crypto sector, Bloomberg reported quoting the lender’s top executive.
Tether To Invest 15% Of Its Net Monthly Profits in Bitcoin

Tether, the firm behind the world’s largest stablecoin USDT, has revealed plans to allocate 15% of its net monthly profits towards purchasing Bitcoin.

On Wednesday, May 17, the company stated that it would henceforth “focus exclusively” on investing in Bitcoin with actual profits from its business operations only, without regard to unrealized capital gains generated by price increases. This means that Tether will focus on the actual gains it has achieved, which is the difference between the purchase price and the amount received from selling an investment.
Fuck memecoins, says PSYCHO. Yep, you heard that right. Here's why it got our attention:

• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.

DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.

🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
Leticia James Introduces Bill That Would Birth Basic Crypto Regulation in New York

A new bill proposed by New York Attorney General Leticia James would give her state a basic framework for crypto regulation. Among the provisions in the bill are exchanges being required to reimburse customers if they are the victims of fraud or theft.

Leticia James Seeks to Introduce Basic RegulationNew York and Leticia James have long held strong anti-crypto attitudes. Not long ago, the attorney general sued several digital currency companies including Ku Coin and Coin Ex, alleging both had taken part in various forms of fraud.
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Openai Announces Chatgpt App for Android Devices

Artificial intelligence (AI) research lab Openai announced it’s launching an Android version of its Chatgpt chatbot. The application, which will be available for download next week, comes after recent updates of Google’s Bard and a report revealing that Apple is working on its own chatbot service.

Android Users to Have Chatgpt in Their Pockets, Openai SaysMicrosoft-funded AI developer Openai is releasing an Android app for its chatbot powered by artificial intelligence technology, Chatgpt. It will be rolling out to users next week, the company said, but can be pre-ordered in the Google Play Store since Friday.

Announcing ChatGPT for Android! The app will be rolling out to users next week, and you can pre-order in the Google Play Store starting today: https://t.co/NfBDYZR5GI
One Social Metric Is Now Flashing a Bullish Signal After Bitcoin Crash to Under $26,000: Santiment

Blockchain analytics platform Santiment says that a key social metric indicates crypto markets may soon rebound after crashing.

Santiment says that after Bitcoin’s sudden collapse below $26,000, the use of the term “bear market” has increased to an 11-week high on social media platforms, which is a bullish signal.
CFTC Charges Three Defi Projects for Illegal Operations

The Commodity Futures Trading Commission (CFTC) has taken a firm stance in the decentralized finance (DeFi) sector, announcing charges against three DeFi projects, Opyn, ZeroEx and Deridex, for unauthorized trading activities.

In a statement released on Friday, September 7, the CFTC outlined the charges against these companies and their subsequent settlements.
Over $249,000,000 in Bitcoin, Ethereum and Solana Shorts Liquidated in Hours As BTC Blows Past $37,000

Hundreds of millions of dollars worth of Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) shorts have been liquidated as the king crypto shoots past $37,000.

According to new data from blockchain tracking platform Coinglass, during the last 24 hours, the top crypto asset by market cap has seen just over $131 million worth of short contracts liquidated.
‘Kaboom Moment’: Market Pundit Makes Strong Case For Ripple’s XRP Rocketing Past $18 Price

Crypto enthusiasts holding onto their XRP coins are finding a glimmer of hope as Dark Defender, a crypto analyst, shares an optimistic forecast on the XRP price. Concerns about the token’s underperformance and potential manipulation have been circulating in the community.

Dark Defender took to his platform, X, to share a compelling analysis, predicting a mammoth surge that could see XRP reach $18. The analyst highlighted the significance of the $0.6 price level, emphasizing its crucial role in determining an upward trend for XRP.
CZ’s Request To Travel To UAE Denied Despite Offering $4.5 Billion Binance Stake As Security

A U.S. federal judge rejected Changpeng ‘CZ’ Zhao’s request to travel back to the United Arab Emirates last month, despite the Binance founder and ex-CEO proposing to provide his $4.5 billion Binance.US stake as assurance that he would return for his sentencing.

Why CZ Offered To Post His Entire Binance StakeA U.S. court shot down CZ’s request to return to the UAE for up to four weeks in early January despite offering his multibillion-dollar stake as security.

As per a court filing this week, Changpeng’s counsel requested in December 2023 that he be permitted to travel to Abu Dhabi so that he could be present for the “hospitalization and surgery” of an unnamed friend or family member.
Litecoin (LTC) Price Analysis: Bulls In Action Above $72

Litecoin price is showing positive signs above $75 against the US Dollar, like Bitcoin. LTC price could climb further if there is a clear move above $78.

Litecoin Price AnalysisIn the past few sessions, there was a steady increase in Bitcoin, Ethereum, Ripple, and Litecoin against the US Dollar. Earlier, LTC formed a base above the $70 level and started a fresh increase.

There was a clear move above the $72.00 and $73.50 resistance levels. There was a break above a major bearish trend line with resistance at $70 on the 4-hour chart of the LTC/USD pair. The pair even cleared the $76 resistance zone. A high was formed near $78.00 and the price is now consolidating gains.
Bitcoin Worth More Than $3.45 Billion Has Exited Crypto Exchanges Amid BTC Whales Going Parabolic

BTC has been exiting crypto exchanges in droves as Bitcoin continues to hover above the $62,000 level.

Taking on X, formerly Twitter, leading market analyst Ali Martinez highlighted this trend and stated, “A whopping 76,670 BTC have flown out of crypto exchanges in the last month alone, totalling over $3.45 billion.”

Source: GlassnodeTherefore, heightened hodling continues to engulf the Bitcoin market, given that coins usually leave crypto exchanges for future purposes other than speculation.

Furthermore, this trend reduces selling pressure since one of the primary reasons for cryptocurrencies being kept in exchanges is for liquidation purposes.
Crypto Analyst Details ‘Contrarian’ Solana Play Amid Drop in SOL Sentiment

Closely followed crypto analyst Ali Martinez says that a contrarian play on Solana might be presenting itself for SOL bulls.

Martinez says that Solana’s consolidation from the yearly high and the recent outages on its network have created a low in sentiment for SOL.

Late last week, Solana also dealt with some congestion issues partially stemming from a rush of users looking to speculate on memecoins.
Cryptocurrency: The Course of Decentralized Finance (DeFi) Could Change Forever on May 21

Decentralized finance (DeFi) has been one of the most transformative and innovative sectors in the blockchain and cryptocurrency space. It has provided an alternative to traditional financial systems by offering open, permissionless, and inclusive financial services to anyone with an internet connection. As the DeFi ecosystem evolves, new projects and platforms emerge to address the existing challenges and push the boundaries of what is possible. One such project is Retik Finance, which is set to launch on May 21, 2024, at 12 pm UTC. This article will explore the potential impact of Retik Finance’s launch on the DeFi landscape and the broader cryptocurrency ecosystem.

The Current State of Decentralized FinanceDecentralized finance has grown exponentially since its inception, with the total value locked (TVL) in DeFi protocols reaching billions of dollars. DeFi platforms offer various financial services, including lending and borrowing, decentralized exchanges, yield farming, and liquidity provision. Despite the rapid growth and adoption of DeFi, the sector still faces several challenges, such as scalability, high gas fees, and a lack of user-friendly interfaces.

Retik Finance (RETIK): A New Paradigm in DeFiRetik Finance aims to address these challenges and revolutionize the DeFi space by offering a comprehensive suite of financial products and services. The platform’s core features include:

Retik DeFi Debit Cards: Retik Finance plans to introduce a range of DeFi debit cards enabling users to spend their digital assets directly at millions of merchants worldwide. These cards will bridge the gap between the crypto and fiat worlds, allowing for seamless and convenient transactions.Retik Pay: A decentralized payment gateway that will facilitate fast and low-cost transactions between merchants and customers. Retik Pay will support multiple cryptocurrencies and offer instant settlements, making it an attractive solution for businesses looking to accept digital assets.Retik Swap: This is a decentralized exchange (DEX) that will provide users with a secure and user-friendly platform for swapping various cryptocurrencies. It will feature low slippage and competitive fees, making it an attractive option for both beginners and experienced traders.Retik Launchpad: A platform for launching new DeFi projects and tokens. Retik Launchpad will provide a secure and transparent environment for project teams to raise funds and for investors to participate in promising new ventures.Retik Wallet: A non-custodial wallet that will allow users to securely store, manage, and transact with their digital assets. Retik Wallet will support multiple blockchains and offer advanced features such as staking and yield farming.Retik Finance (RETIK): Charting a New Course in DeFi with May 21, 2024 Launch

Retik Finance (RETIK) has marked May 21, 2024, as the date for its official launch, on various reputable exchanges and Uniswap, signalling a significant move in the DeFi landscape. With its strategic positioning across various exchanges and Uniswap, Retik Finance aims to capitalize on the current momentum within the DeFi sector. By taking this proactive step, Retik Finance not only enters the market but also aims to shape its direction. This proactive approach is geared towards seamlessly integrating Retik Finance’s offerings into the existing financial infrastructure, attracting a wider audience. Excitement surrounding Retik Finance’s launch is palpable on social media platforms like Twitter and Reddit, where influencers and community members eagerly await its arrival.
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