Spirit Sonya pfp

Spirit Sonya

@spiritsonya

8 Following
13 Followers
Spirit Sonya pfp
Spirit Sonya
@spiritsonya
🇭🇰Hong Kong to Regulate AI in Finance by October #HongKong #AI 🔹 New Guidelines: Hong Kong government plans to issue AI regulations for the finance sector by the end of October. 🔹 Sectors Affected: Traditional trading, investment banking, and cryptocurrency markets. 🔹 Goal: To promote the ethical and responsible use of AI in the financial industry. 💡 Key Points: 1️⃣The Financial Services and the Treasury Bureau (FSTB) is preparing a framework for the ethical use of AI in financial markets. 2️⃣Guidelines will be revealed at FinTech Week from October 28 to November 1. 3️⃣Focus on transparency, governance, and data protection.
0 reply
0 recast
0 reaction
Spirit Sonya pfp
Spirit Sonya
@spiritsonya
🟪Vitalik Buterin highlights the importance of solo staking for Ethereum’s security #Ethereum ▫️ Main threat: Centralization may weaken the network ▫️ Role of solo stakers: Independent participants reduce attack risks What you need to know ⤵️ At the Ethereum Singapore 2024 conference, Vitalik Buterin emphasized that solo staking contributes to network decentralization and strengthens its security. Solo stakers manage their assets independently without the help of third-party services, reducing reliance on centralized companies. 🔍 Buterin proposed raising the block finality threshold to prevent 51% attacks, further enhancing network protection.
0 reply
0 recast
0 reaction
Spirit Sonya pfp
Spirit Sonya
@spiritsonya
🔝Rexas Finance Token Presale Sells Out in Under 96 Hours! 🔥Rexas Finance (RXS) has made waves, selling out its first token presale stage in under 96 hours. This blockchain platform is revolutionizing real-world asset (RWA) management through tokenization. With fractional ownership of assets like real estate and commodities, Rexas Finance opens up new investment opportunities for both retail and institutional investors, making it easier than ever to enter the RWA market. 🤝🏻With advanced features like asset-backed token launches and AI-driven smart contract audits, Rexas Finance offers enhanced security and a seamless tokenization process. The platform's success in the first presale stage has created a buzz ahead of the second stage, which is expected to sell out just as quickly. Stay tuned as Rexas Finance continues to expand its ecosystem and transform the RWA market!
0 reply
0 recast
0 reaction
Spirit Sonya pfp
Spirit Sonya
@spiritsonya
📢 SEC Revises Its Stance on Crypto Tokens in Binance Lawsuit #Binance #SEC #Regulation 🔹 Key Points: 1️⃣The SEC has retracted its previous characterization of certain cryptocurrencies as “securities” in its ongoing lawsuit against Binance. 2️⃣This revision affects tokens like Solana (SOL), Cardano (ADA), and Polygon (MATIC), which were previously referred to as "crypto asset securities." 3️⃣The SEC clarified that the term “crypto asset securities” referred to the sales and contracts surrounding the token, not the token itself. 4️⃣Despite this clarification, Binance remains under scrutiny for allegedly offering unregistered securities. 5️⃣The crypto community is calling for clearer regulations, as confusion around enforcement grows. 🔎 Why It Matters: This shift in language by the SEC could impact how crypto assets are classified and regulated moving forward, affecting exchanges like Binance and Kraken.
0 reply
0 recast
0 reaction
Spirit Sonya pfp
Spirit Sonya
@spiritsonya
❔Watchdog Warns About Tether’s Reserves #USDT#Stablecoin ▫️ Stability Rating: 4 out of 5 by S&P Global ▫️ Main Concern: Lack of full audit transparency What you should know ⤵️ 1️⃣Consumers' Research raised concerns about Tether’s transparency regarding its US dollar reserves. 2️⃣The company has yet to provide a full audit of its reserves, despite numerous promises. 3️⃣Tether is accused of doing business with "bad actors" and allowing USDT to be used to bypass international sanctions. 🔍 In August, Tether’s CEO stated they are cooperating with law enforcement to identify and freeze illegal transactions. Let me know if it works!🙃
0 reply
0 recast
0 reaction
Spirit Sonya pfp
Spirit Sonya
@spiritsonya
🆕Important news about the Flowcarbon crypto project! #Flowcarbon #CarbonCredits ▫️Project: Flowcarbon ▫️Founder: Adam Neumann (former WeWork CEO) ▫️Token: Goddess Nature Token (GNT) ▫️Situation: Investor refunds ⬇️Key points: 1. Flowcarbon is refunding investors after failing to launch the GNT token. 2. The main reasons for the refunds are tough market conditions and resistance from carbon registries. 3. Venture funds like Andreessen Horowitz invested millions in the project, which is now facing significant delays. 🙌🏻This situation highlights the challenges blockchain projects in the environmental space are facing.
0 reply
0 recast
0 reaction
Spirit Sonya pfp
Spirit Sonya
@spiritsonya
🇦🇪 Important update in the UAE crypto space! #UAE #VASP ▫️Regulators: SCA and VARA ▫️Goal: Simplify VASP licensing ▫️Coverage: Entire UAE ⬇️Key points: 1️⃣Virtual Asset Service Providers (VASPs) licensed in Dubai can now serve the entire country after obtaining a license from VARA. 2️⃣The agreement covers mutual supervision mechanisms, penalties, information exchange, and staff training. 3️⃣This is a significant step toward ensuring the security and stability of the UAE’s crypto ecosystem. 🪙The UAE continues to strengthen its position as one of the global leaders in crypto adoption.
0 reply
0 recast
0 reaction
Spirit Sonya pfp
Spirit Sonya
@spiritsonya
🪙Polygon and Fabric fast-track ZK-proof adoption #Polygon #ZKProof #DeFi ▫️Partnership: Polygon Labs and Fabric Cryptography ▫️Technology: Zero-Knowledge Proof (ZKP) ▫️Goal: Improve scalability and security 🔍 Key points 1️⃣Fabric Cryptography will integrate Verifiable Processing Units (VPUs) into Polygon’s aggregation layer to speed up ZKP adoption. 2️⃣This will shorten the adoption timeline for ZK tech from 3-5 years to 6-12 months. 3️⃣Users and developers will benefit from faster, cheaper, and more secure transactions, while ZK tech integration will become easier. 🤝🏻This move could play a crucial role in the global adoption of DeFi and improve cross-chain interactions.
0 reply
0 recast
0 reaction
Spirit Sonya pfp
Spirit Sonya
@spiritsonya
📍 Project: Cardano (ADA) 🪙 Current Price: $0.33 🔄 Market Cap: $12.18 billion 🟦 Cardano is a PoS blockchain platform designed to enable "trailblazers, innovators, and forward-thinkers" to make a positive impact on the world. #Cardano #ADA 🗞 Latest News: On September 1, 2024, Cardano successfully completed the Chang #1 hard fork at the boundary of epoch 506. This event marks a new era for the Cardano blockchain and ecosystem, moving the network closer to a self-governing and decentralized governance model. The hard fork was executed in two phases: the first introduced an Interim Constitutional Committee (ICC) for temporary management, while the second phase, Chang Upgrade #2, is scheduled for 90 days ahead and will unlock full on-chain governance capabilities, including the involvement of Delegated Representatives (DReps). 🦾 Cardano continues to advance decentralization and self-governance, making this coin unique in the market and opening new opportunities for the community.
0 reply
0 recast
0 reaction
Spirit Sonya pfp
Spirit Sonya
@spiritsonya
👥 Starknet Introduces Gasless On-Chain Voting ▫️ Protocol: Snapshot X ▫️ Feature: Gasless Voting ▫️ Technology: Starknet Rollup 👇🏻What to know 1. Snapshot X, built on Starknet’s rollup technology, enables gasless on-chain voting for DAOs and blockchain communities. 2. This new governance protocol reduces the cost and inefficiency associated with traditional on-chain voting. 3. Starting September 10, the Starknet community will use Snapshot X to vote on a staking proposal, marking the first gasless vote on Starknet. 🔈This development could transform how DAOs and other blockchain entities manage governance and voting costs. #Starknet #SnapshotX
0 reply
0 recast
2 reactions
Spirit Sonya pfp
Spirit Sonya
@spiritsonya
🪙💰Tether Invests $100M in Agriculture Company ▫️Investment: $100M ▫️Stake: 9.8% of Adecoagro ▫️Sector: Agriculture and Food What to Know ⤵️ 1. This is Tether's first investment in the agriculture and food sector. 2. Tether used its own working capital to acquire 9.8% of Adecoagro's shares. 3. Stablecoin competition is intensifying, especially with the launch of PayPal USD and Ripple USD testing. 🤔 It’ll be interesting to see how this impacts Tether's future and its role in the crypto economy. #Tether #USDT /degen-club
0 reply
0 recast
1 reaction
Spirit Sonya pfp
Spirit Sonya
@spiritsonya
📈🔝XRP Preparing for Potential Rally to $1 ▫️Current Price: $0.53 ▫️Potential Growth: up to 100% ▫️Target Range: $0.90–$1.00 🫳🏻Key Factors 1. XRP’s weekly chart is forming an "inverse head and shoulders" pattern, signaling potential upward movement. 2. A breakout above the $0.65–$0.66 resistance level could push the price toward $1. 3. XRP is trading above its 50-week and 200-week moving averages, supporting a bullish outlook. 💛Current trends look promising, but risks remain. Stay updated and monitor the market carefully! #XRP
0 reply
0 recast
1 reaction
Spirit Sonya pfp
Spirit Sonya
@spiritsonya
📉👀Solana (SOL) Falls Amidst Negative US Economic Data ▫️Current Price: $129.18 (down 2.5% in the last 24 hours) ▫️Weekly Losses: -8% ▫️30-Day Losses: -12% ▫️Market Cap: $60.06 billion Key Factors⤵️ 1. The crypto market reacted negatively to lower-than-expected US August job numbers. 2. TVL on Solana dropped 12% from $5.48 billion to $4.716 billion. Daily transactions fell from 20,465 to 2,635. 3. SOL is testing a support level. A break below this level could lead to a drop to $75 (-41.5%). 🤍Current trends show market instability. Stay updated and proceed with caution! #SOL
0 reply
0 recast
1 reaction
Spirit Sonya pfp
Spirit Sonya
@spiritsonya
/x100 Zora is a promising NFT marketplace with an L2 blockchain built on the OP stack, backed by major investors like Coinbase and Paradigm. Of all the potential retrodrops, this is the most promising. The others let us down, but I'm sure this is a project of another level. With support from Base, even more so. Thanks to X100NABANK for the information.
0 reply
0 recast
0 reaction
Spirit Sonya pfp
Spirit Sonya
@spiritsonya
/x100 Tabi introduces an exciting opportunity to earn by farming points (feathers), which can be exchanged for $TABI tokens. Participating in quests and ranking in the top 2000 participants offers a chance to gain extra rewards. A great way to start earning by completing simple tasks!
0 reply
0 recast
0 reaction
Spirit Sonya pfp
Spirit Sonya
@spiritsonya
/x100 Novastro is an intriguing and ambitious project focusing on enhancing Ethereum's security through innovative solutions for RWA and DeFi. Support from Arbitrum and other significant projects highlights its potential. Although there's no information on investments yet, participating in the testnet at an early stage offers a unique opportunity to not only get familiar with the project but also contribute to its development. Particularly noteworthy is Novastro's use of gamification and parallel restaking, which could make the platform more engaging and interactive for users. Completing all steps, from acquiring test tokens to staking, allows users to fully assess the platform's functionality and be prepared for future opportunities when the project secures investments.
0 reply
0 recast
0 reaction
Spirit Sonya pfp
Spirit Sonya
@spiritsonya
/x100 The post effectively highlights all the key aspects of the B3FUN project and its potential. Following the successful closure of the Seed Round with participation from giants like Pantera, Hashed, and Mantle, B3FUN has already positioned itself as a promising player in the GameFi market. Support from OKH, Base, and Coinbase further emphasizes the project's significance and importance. It's particularly noteworthy how the post emphasizes the testnet. Participating in testing at such an early stage opens up unique opportunities for users. Utilizing various tools like bridges and faucets to acquire test tokens not only helps the project grow but also allows users to familiarize themselves with the platform and contribute to its improvement. To conclude, it's worth noting that early users have a chance to benefit in the future, especially if the project continues to attract significant investors and develop at this pace.
0 reply
0 recast
0 reaction
Spirit Sonya pfp
Spirit Sonya
@spiritsonya
/x100 Now there is a strong hype of Social FI . And Beoble is just one of these projects. Many people underestimate it, but the functionality is even very similar to Telegram. I’m sure the token will give more X’s.
0 reply
0 recast
0 reaction
Spirit Sonya pfp
Spirit Sonya
@spiritsonya
Lido’s liquid staking is backed by some serious investments)Don’t miss out on testing the platform—it’s not too late to get involved. /x100
0 reply
0 recast
0 reaction
Spirit Sonya pfp
Spirit Sonya
@spiritsonya
Exciting to see Backpack rewarding its active users with $MAX tokens🎉 Time to check those rewards and see if the daily grind paid off. Did you spin or skip? 🤑 /x100
0 reply
0 recast
0 reaction