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🌟 Token Spotlight: Ethereum (ETH) and the upgrade will help the ecosystem "transform"
Dencun is the next upgrade of the Ethereum network after the Shapella upgrade was completed on April 12, 2023. Dencun is a combination of Deneb and Cancun upgrades, so it is called Dencun again.
Dencun includes five Ethereum Improvement Proposals (EIPs) that increase storage space for data and reduce fees. The focus of this upgrade is EIP-4844, otherwise known as proto-danksharding. This feature will extend the blockchain by creating more space for data "blobs", which in turn is expected to reduce gas fees for layer 2 rollups.
🤔 What major upgrades will ETH receive to help the project thrive in the future?
👉 ETH will reduce fees for Layer 2 post-upgrade. Among the improvements, one of the highlights is the reduction of call-data costs that Layer 2 has to pay in each block for Layer 1. This facilitates Layer 2s to achieve greater returns.
👉 ETH will be enhanced with network-wide security. The second impact relates to network security. Despite their low cost, Layer-2s still have doubts about their centralization and security. Currently, most rollups do not fully apply the fault proof model. In addition, ZK-Rollups also face difficulties in optimizing the cost of creating ZK-Proof when the network does not have enough initial transactions. This upgrade will help improve the security of ETH as well as the active Layer-2s on the network.
👉 ETH will be able to optimize its infrastructure for future intentions. The final impact (without significantly affecting users at the application layers) is the optimization of the operating mechanism in the infrastructure, preparing for major improvements in the future. SSZ (or Simple Serialize) is the mechanism used in Beacon Chain instead of the RLP (Recursive-Length Prefix) method in the past. EIP-4844 will lead the network in this direction of development.
With major upgrades and outstanding improvements, ETH's growth potential is extremely promising.
✅ Right now, users can Buy/Sell ETH through the ONUS app at the best rates and completely free transactions.
✅ ETHVNDC trading pair has been listed on the ONUS Pro exchange with a maximum leverage of up to 100x along with the most attractive trading fees in the market.
#Token_Spotlight #ETH #ONUS #ONUSPro
Notable news in the last 24 hours (13/11)
BTC: 36,980 USD | ETH: 1,043 USD | Total market cap: 1,382 billion USD
1️⃣ The Maven 11 fund is raising an additional $100 million to invest in crypto. Maven 11, an Amsterdam-based company, is raising $100 million for their third cryptocurrency fund. According to the release, it expects to complete the fundraising in the first half of next year. One-third of the $100 million has been committed by limited partners.
2️⃣ Binance successfully closed the illegal amount of USDT. Binance has frozen more than 90% of the $12.5 million in cryptocurrency products stolen from executives of an undisclosed client in Montenegro. The action is part of a commitment to intensify efforts to curb the flow of illicit money in the industry.
3️⃣ FTX's bankruptcy managers pursued a $953 million asset recovery. FTX's bankruptcy managers have taken legal action against Bybit to recover $953 million in assets allegedly withdrawn before its collapse. The lawsuit claims that Bybit coerced FTX into processing these withdrawals and alleges special privileges afforded Mirana Corp to withdraw assets.
4️⃣ Grayscale's Ethereum trust discount narrowed amid increased ETH trading volume. The discount on Grayscale's Ethereum Trust (ETHE) has dropped to 13.94%, its lowest level since last year. ETFStore President Nate Geraci acknowledged that this price drop signals market expectations for a spot Ethereum ETF.
Notable news in the last 24 hours (11/11)
BTC: 37,356 USD | ETH: 2,094 USD| Total market cap: 1,388 billion USD
1️⃣ Lightspeed Faction opens $285 million investment fund in crypto project. Lightspeed Faction, a venture firm specializing in the blockchain sector, has announced the launch of a new investment fund valued at up to $285 million, with the goal of focusing on investing in early-stage blockchain projects. The firm's team consists of experienced members from Amber Group, Blockchain. com, Coinbase, and Lightspeed Venture Capital, and they will provide in-depth cryptocurrency advice to the projects they invest in.
2️⃣ Uniswap denies rumors of a $2 million hack. Hayden Adams, the founder of Uniswap, recently denied reports of a $2 million mining attack on the exchange. He suggested that this misinformation came from phishing scammers. According to Hayden Adams, users should be wary of accounts that spread false information without a verified source.
3️⃣ Celsius announces plans to repay $2 billion worth of Bitcoin and Ethereum debt by 2024. Celsius, a now-bankrupt cryptocurrency lender, has announced plans to pay back $2 billion in Bitcoin and Ethereum to creditors starting next year. Earlier in a court hearing in early October, Celsius asked a judge to approve the company's restructuring plan. Under the plan, Celsius' creditors will be distributed around $2 billion in BTC and ETH, along with a stake in a new company managed by Fahrenheit Group. The company then set out to turn into a creditor-owned Bitcoin mining company, despite facing fraud charges.
4️⃣ GALA announces partnership with DWF Labs. According to the official statement from the project, DWF Labs will play an important role in the expansion of GalaChain's layer 1 blockchain. The goal of this partnership is to reach a community of new visionaries, developers, and investors by increasing the use of GalaChain. This marks an important step in the development of cryptocurrencies.
Notable news in the last 24 hours (10/11)
BTC: 36,396 USD | ETH: 2,016 USD| Total market cap: 1,344 billion USD
1️⃣ Immutable X (IMX) partnered with Ubisoft to make a Web3 game. Ubisoft, a leading AAA game developer, recently partnered with Immutable, a blockchain gaming company, through its Strategic Innovation Lab to develop Web3 games. The announcement, shared with Cointelegraph, revealed that the two companies will combine their in-depth knowledge to create high-quality games combined with the Web3 feature. Nicolas Pouard, head of Ubisoft's blockchain project, emphasized that Immutable's current blockchain infrastructure and experience integrating decentralized functionality into games are key elements of this collaboration.
2️⃣ SBI Holdings opens a 100 billion yen fund to invest in Web3, AI and Metaverse. SBI Holdings, a leading financial conglomerate based in Japan, has announced the establishment of an investment fund worth up to 100 billion yen, or about $663 million. According to the original plan, this fund will invest in about 150-200 companies in the fields of Web3, artificial intelligence (AI), and virtual worlds (Metaverse). Major domestic and regional banks will also contribute to promoting the development of start-ups in this field.
3️⃣ JPMorgan thinks Bitcoin and the cryptocurrency market are rising "too much." While Bitcoin is surging in price and dragging the market up, there are more and more voices doubting the sustainability of this rally of the cryptocurrency market. Recently, experts of the financial giant JPMorgan have just said that the recent price increase of cryptocurrencies is "too much" in a recent report.
4️⃣ Spartan Group announces investment in Pendle Finance. Singapore-based digital asset hedge fund Spartan Group has announced its investment in decentralized finance (DeFi) protocol Pendle Finance (PENDLE). Following active support since its launch in 2021, Spartan Capital has resumed investing in Pendle Finance through OTC trading.
Notable news in the last 24 hours (09/11)
BTC: 36,446 USD | ETH: 1,915 USD| Total market cap: 1,340 billion USD
1️⃣ The company behind the USDC stablecoin, Circle, is considering conducting an IPO. Circle, the issuer of USDC stablecoin with a market capitalization of more than $24 billion, is considering an initial public offering (IPO) on stock exchanges in 2024, according to information from Bloomberg. According to them, the company has been conducting consultations with experts on the possibility of a public listing, according to Bloomberg, citing unnamed sources.
2️⃣ The Biden administration wants to strengthen crypto regulation. A senior U.S. Treasury Department official said the Biden administration wants new powers from Congress to assist in "cracking down" on the unauthorized use of cryptocurrencies, particularly the alleged influx of digital assets linked to Hamas rebels. The Treasury Department has been conducting information exchanges with Democrats and Republicans about measures they can take, Deputy Treasury Secretary Wally Adeyemo said Tuesday in Washington.
3️⃣ Wintermute accused NEAR of "betrayal of trust", the NEAR CEO countered. Recently, Evgeny Gaevoy, founder and CEO of Wintermute has confirmed that the NEAR Foundation and Aurora have rejected an offer to help them sell $11.2 million worth of the USN stablecoin. The CEO of Wintermute also accused NEAR of "betrayal" when the project previously announced to guarantee the conversion of USN to USDT at a ratio of 1:1. In response, NEAR Foundation director Illia Polosukhin said Wintermute bought 11.2 million USN from Alameda and asked to swap them into USDT. According to him, the USN is of dubious origin and may be involved in illegal activity, and Wintermute is trying to carry out arbitrage trade. As a result, this request was denied.
4️⃣ Binance has been criticized for "misdefining" the ORDI token. Specifically, Binance has adjusted the way they introduce ORDI, a token that has just been listed on the exchange. Unlike before, they now describe ORDI as "the first token created under the BRC-20 alternative token standard on the Bitcoin blockchain." This change is not just about language, but also about how ORDI is linked to the Ordinals protocol. Earlier, WuBlockchain pointed out the mistake in Binance's announcement, which led to the misunderstanding that ORDI is the token of the Ordinals protocol.
🚀 Ordinals (ORDI) surges 86.7% after Binance listing
📰 On November 7, Binance announced the listing of ORDI, the token of Ordinals, a protocol that allows users to write a variety of data (text, images, audio, and video) in the form of NFTs to the Bitcoin network.
🔥 After the above news was announced, ORDI skyrocketed 86.7% in the past 24 hours. Looking at a broader time frame, this asset has increased 138.348% in just 1 week. ORDI is currently trading at 13.47 USD with a 24h trading volume of more than 130 million USD. ORDI's rising momentum still shows no signs of slowing.
🏆 These achievements have helped ORDI surpass its competitors to climb to 3rd place on the Top Gainers and become one of the most trending assets on the ONUS application in the past 24 hours.
💬 What do you think about ORDI's price change? Please share your opinion in the ONUS community!
🔥 New Listing!
ONUS Futures Pro officially listed and simultaneously activated the Funding Rate mechanism for 04 new trading pairs: ACHVNDC, COREVNDC, EGLDVNDC and ETHWVNDC. Trade now!
📌 Details: https://pro.goonus.io/en/help-center/announcements/onus-futures-pro-new-listing-achvndc-corevndc-egldvndc-and-ethwvndc
🌟 Token Spotlight: PancakeSwap (CAKE), the pioneer of the new generation DEX
PancakeSwap is one of Binance Smart Chain's first decentralized automated market making (AMM DEX) exchanges, allowing users to trade BEP-20 tokens (the latest token standard from BNB Smart Chain).
Up to now, PancakeSwap is not just an AMM DEX anymore but has become a liquidity center for the whole BNB Smart Chain system, similar to UniSwap - the liquidity center for the Ethereum system.
🤔 What outstanding products does CAKE have to help the project thrive in the future?
👉 Exchange (AMM). PancakeSwap allows you to exchange BEP20 tokens on BSC's platform and network. This type of trading differs from other exchanges in that it uses automated market trading, i.e. users do not need to place orders and use liquidity pools to swap tokens in the network. These liquidity pools will be automatically provided to users to generate liquidity for other users. The process is fully automated from the exchange.
👉 Yield Farming. Yield farming is a form of using available coins to liquidity the AMM exchange. PancakeSwap provides 27 liquidity tools, a variety of assets for users to choose from, this allows you to completely send FLIP Tokens to Farm to create Cake.
👉 Staking Pools. This is a place that allows new projects to promote their projects to the PancakeSwap player community. To make the promotion, players distribute a part of the tokens to the Cake Holder. Staking Pool will be divided into 2 parts: 1 is Core selected by Pancake Swap's team and 2 is Community selected by the community.
With its unique characteristics and novel mechanisms of action, the development potential of CAKE is extremely promising.
✅ Right now, users can Buy/Sell CAKE through the ONUS app at the best rates and completely free transactions.
✅ CAKEVNDC trading pair has been listed on the ONUS Pro exchange with a maximum leverage of up to 25x along with the most attractive trading fees in the market.
#Token_Spotlight #CAKE #ONUS #ONUSPro
📣 MC Maintenance for Conversion to BEAMX
Based on the latest announcement from the Binance exchange – where ONUS takes liquidity for MC, this project will make the redenomination from Merit Circle (MC) to Beam (BEAMX). All MC tokens will be converted to BEAMX tokens at a ratio of 1 : 100 (1 MC = 100 BEAMX).
To aid in this conversion, ONUS has halted all trading in MC assets, including Trade and Off-chain transactions.
⏰ Maintenance time: To 08:00 (UTC) on November 14, 2023.
👉 Official announcement: https://goonus.io/en/mc-maintenance-for-conversion-to-beamx/
🌟 Token Spotlight: Curve Finance (CRV), the giant of the DeFi sector
Curve Finance is a decentralized exchange specializing in trading stablecoins, using automated market maker (AMM) mechanism to operate a liquidity system.
With outstanding models and products, Curve is currently on the list of top projects in the DeFi group.
🤔 What outstanding features does CRV have to help the project thrive in the future?
👉 CRV has a powerful automated market maker (AMM) system. Curve's automated market maker (AMM) allows users to trade and exchange assets automatically without the need for authorization. AMMs can help such protocols execute trades automatically through different liquidity pools. The use of this mechanism on the DEX makes it possible that transactions do not need to go through an intermediary but instead use transaction tokens contained in the liquidity pool.
👉 CRV has high liquidity, stability. Curve maintains the stability of liquidity pools with large liquidity reserves, including stablecoins and wrapped tokens (reBTC, WBTC,..) to maintain a balance of 2 tokens per transaction.
👉 CRVs have low cost of use. Curve does not require 3rd parties to act as intermediaries in each transaction like Uniswap or Compound, but the project only requires a small fee for the transaction. Yield farming or liquidity mining operations through Curve only incur a "soft" fee for liquidity providers.
With its unique characteristics and novel mechanisms of action, the development potential of CRV is extremely promising.
✅ Right now, users can Buy/Sell CRV through the ONUS app at the best rates and completely free transactions.
✅ CRVVNDC trading pair has been listed on the ONUS Pro exchange with a maximum leverage of up to 30x along with the most attractive trading fees in the market.
#Token_Spotlight #CRV #ONUS #ONUSPro
Notable news in the last 24 hours (06/11)
BTC: 35,027 USD | ETH: 1,896 USD| Total market cap: 1,293 billion USD
1️⃣ Taiwan's richest individual expressed optimism in cryptocurrencies. According to CNA, Fubon Group chairman and Taiwan's largest asset owner Tsai Ming-chung has expressed strong belief in the future of cryptocurrencies. He also stated that the era of cryptocurrencies is definitely coming.
2️⃣ An application impersonating Ledger appears for fraudulent purposes. According to zachxbt, a fake Ledger Live app appeared in the Microsoft App Store, resulting in the theft of 16.8 BTC with an estimated value of up to $588,000. Security experts have warned all users to be wary of this new form of scam.
3️⃣ Bitfinex suffered a "small-scale" attack, user assets were not affected. According to the press release, Bitfinex experienced a small-scale attack earlier this week. The hacker scammed customer service through a "support request" trick and was able to gain access to "a part of the incomplete and outdated information system." According to Bitfinex, the attackers were unable to compromise any critical systems and people's funds were completely safe. The exchange said it would send email notifications to affected customers, although most of these accounts were "empty and inactive."
4️⃣ The Monero team announced that the project was hacked. Specifically, the CCS Wallet crowdfunding system was hacked on September 1, 2023, and the entire balance of 2,675.73 XMR, valued at approximately $384,000 was stolen. So far, the source of the vulnerability has not been identified.
🔥 Memecoin (MEME) gets listed on ONUS
Starting from 03:30 UTC on November 5, we officially list Memecoin (MEME) on the ONUS application.
Soon after MEME is added, users can perform Off-chain and Trade features with this asset.
👉 Details: https://goonus.io/en/memecoin-token-meme-gets-listed-on-onus/
Notable news in the last 24 hours (04/11)
BTC: 34,719 USD | ETH: 1,835 USD| Total market cap: 1,269 billion USD
1️⃣ Ripple becomes Georgia's digital currency implementation partner.
The National Bank of Georgia (NBG) has selected Ripple Labs, the leading blockchain payments company behind XRP, as its official technology partner to implement and pilot their national digital currency Lari (Digital Lari) through the Ripple CBDC platform. The National Bank of Georgia will use this innovative CBDC platform to assess the potential benefits of Digital Lari (codenamed GEL) for governments, businesses, and individual users.
2️⃣ The Sandbox set up a $35 million fund for game development projects.
At The Sandbox's Creators Day event taking place on November 3, 2023 in Hong Kong, the metaverse platform announced its core plan for 2024 that will focus on user content creation (UGC) empowerment in the ecosystem. The project expects that this number will be raised to 2,000 in 2024 thanks to a new Game Maker fund worth 100 million SAND, or about 35 million USD, as an incentive reward for creators.
3️⃣ Dune Analytics launches DuneAI, making it easier for users to look up on-chain.
Sharing at the recent DuneCon event, Dune Analytics introduced DuneAI, to expand the accessibility and support of ordinary users to use Dune without SQL knowledge. DuneAI hopes to bring democracy and enable millions of people to have access to blockchain data. To add to the new feature set, Dune also launched Dune Data Hub, which allows businesses/organizations to upload data to Dune or extract Dune's data at scale. Dune Data Hub is compatible with S3, Big Query, Airtable, and several other data stores.
4️⃣ Sam Bankman-Fried was found guilty on all counts.
Former FTX CEO Sam Bankman-Fried was found guilty on all seven charges in his criminal trial by a New York jury. For a series of charges, Sam Bankman-Fried's total penalty can be up to 115 years in prison with each charge carrying a maximum sentence of up to 10-20 years in prison.
Top 5 Trending Assets
1. BTC
2. SOL
3. SUSHI
4. ONUS
5. XRP
🏆 Bitcoin, the world's largest cryptocurrency by capitalization, is currently leading the Top Trending on ONUS in the last 24h. Currently, Bitcoin is adjusting to a more stable price after gaining more than 25% in just 1 month.
🥈 SOL climbed to 2nd place in the Top Trending on ONUS after witnessing recent continuous growth. This asset has increased by more than 290% since the beginning of 2023.
💬 Following are SUSHI, ONUS and XRP - assets that are constantly discussed in ONUS communities.
🌟 Token Spotlight: Celestia (TIA), a project that unlocks the potential of Dapps
Celestia is a modular blockchain, whose goal is to build a scalable usable data layer. Celestia scales by separating execution from consensus.
In Web 2, cloud services, such as Amazon Web Services, allow users to launch websites on virtual machines that share physical machines (physical servers). Celestia allows users to launch decentralized applications on specific application chains that share a common consensus layer. Celestia's product segment is still very young but very potential.
🤔 What outstanding features does TIA have to help the project thrive in the future?
👉 TIA has a whole new way of reaching the market. Celestia's approach is modular blockchain-style, separating consensus and enforcement into separate layers. The consensus layer will be handled by the Celestia blockchain. The execution layer exists on its own blockchain, allowing for optimization and specialization for specific use cases.
👉 TIA supports Ring Signatures. Exists as an electronic signature, allowing senders to hide their identity from others in a group. To create ring signatures, Celestia combines a sender's key and combines it with the public keys on the blockchain. It hides the identity of the sender, since it is computationally impossible to determine which key and by whom it is generated.
👉 TIA integrates the Stealth Addresses feature. Celestia creates a layer of anonymity between your public address and the Celestia you own. The addresses on the publicly available Celestia blockchain are hidden, so personally identifiable information is completely outside the blockchain.
With its unique characteristics and novel mechanisms of action, the development potential of TIA is extremely promising.
✅ Right now, users can Buy/Sell TIA through the ONUS app at the best rates and completely free transactions.
✅ TIAVNDC trading pair has been listed on the ONUS Pro exchange with a maximum leverage of up to 25x along with the most attractive trading fees in the market.
#Token_Spotlight #TIA #ONUS #ONUSPro
🚀 Top 5 Daily Gainers
1. PSY: +74.07%
2. EPIK: +69%
3. MBS: +40.08%
4. TIA: +33.58%
5. NTRN: +32.62%
🔥 Many altcoins have witnessed impressive growth due to their strong development potential and positive market signals.
🏆 PSY, the token of PsyFi, one of the inaugural winners of the Solana hackathons in 2021, is leading the Top Gainers on ONUS with a solid increase of more than 74% after 24 hours. PSY's latest price action most likely relates to the introduction of 'PSY Reloaded' - a groundbreaking transformation of the PSY token and its value accrual mechanisms.
🥈 TIA, the token of the modular blockchain Celestia, has seen continuous growth in the past few days. In the last 24 hours, this asset has officially set a new ATH of 136,521 VNDC, trading volume reached 178.6 million USD.
🥉 Other assets also made the list, including EPIK (up 69%), MBS (up 40.08%) và NTRN (up 32.62%).
Notable news in the last 24 hours (12/11)
BTC: 37,266 USD | ETH: 2060 USD | Total market cap: 1.385 billion USD
1️⃣ Tether continues to mint 1 billion USDT on the TRON network. According to a report from Whale Alert, an on-chain analytics account, on the morning of November 11, Tether issued 1 billion USDT tokens on the TRON blockchain. This is the fourth time Tether has issued billions of dollars of USDT this year. Earlier, a similar billion-dollar issuance took place in July 2023. Some argue that the new billion-dollar USDT mint will spur the recovery of cryptocurrencies. However, Tether's chief technology officer, Paolo Ardoino, tweeted that the mint was only for the purpose of chain swaps.
2️⃣ The SEC argued that Binance was unreasonable in asking that the lawsuit be dismissed against them. In its latest court filing, the U.S. Securities and Exchange Commission (SEC) strongly opposed Binance's attempt to dismiss the lawsuit, arguing that there were no valid legal grounds for doing so. According to the SEC, they strongly oppose Binance and Binance.US's request to dismiss the lawsuit, arguing that the two exchanges are violating both federal law and precedent.
3️⃣ The UK regulator issued 146 breach warnings on the first day of the new crypto rule. The UK's Financial Conduct Authority (FCA) issued 146 warnings about misconduct in cryptocurrencies on the first day of the new regulations. The FCA's 32-page guide aims to ensure crypto promotions are "fair, clear and not misleading," reflecting the dynamics of the industry.
4️⃣ The Poloniex exchange was hacked. Poloniex, a centralized cryptocurrency exchange, was hacked, with an estimated $60 million in various cryptocurrencies stolen. Justin Sun, founder of TRON and majority shareholder of Poloniex, ensures full reimbursement and recovery efforts.
🚀 Ethereum (ETH) hits the highest in 6 months following BlackRock’s spot ETF filing
BlackRock Inc., a trillion-dollar asset manager, has sparked optimism in the market with its latest filing, hinting at the potential launch of its first Ethereum spot Exchange Traded Fund (ETF) product.
The filing, named the iShares Ethereum Trust, was submitted to the Division of Corporations at the Delaware Department of State.
The registration of an Ethereum ETF by BlackRock has had a significant impact on the market, propelling Ethereum to $2,132 - the highest since April 2023.
🔥 Currently Ethereum is trading at 2,117 USD, up 10.07% in the past 24 hours. Looking at a broader time frame, this asset has officially reached a growth milestone of 34.9% in just 1 month.
🏆 With this achievement, ETH has now become the asset with the most significant growth among the top 10 largest coins by market capitalization.
🌟 Token Spotlight: MultiversX (EGLD), New generation blockchain with outstanding speed.
MultiversX is a new public blockchain architecture. It focuses on the scalability, efficiency, safety, and interoperability of Blockchain, while ensuring its decentralized nature.
MultiversX's goal is a global blockchain with transaction speeds of up to 10k trx/sec, low latency, and virtually negligible transaction fees.
🤔 What outstanding advantages does EGLD have to help the project grow strongly in the future?
👉 EGLD requires low energy consumption with the Secure Proof of Stake (SPoS) consensus algorithm. According to MultiversX, their SPoS is improved from PoS, and it overcomes the weaknesses of PoW in terms of energy consumption, enhancing intra-shard communication.
👉 EGLD ensures enhanced network security through random selection of block proposals. In this feature, each node in the shard calculates the number of members (including proposed blocks and validators) participating in the consensus mechanism. This enhances security and reduces latency in the system.
👉 EGLD is strongly compatible with EVM. One of the parts the MultiversX team focused on was EVM development. Both supporting dApps developers on MultiversX's platform, and allowing other dApps running on the Blockchain to migrate to the MultiversX Blockchain.
With its unique characteristics and novel mechanism of action, the development potential of EGLD is extremely promising.
✅ Right now, users can Buy/Sell EGLD through the ONUS app at the best rates and completely free transactions.
✅ EGLDVNDC trading pair has been listed on the ONUS Pro exchange with a maximum leverage of up to 25x along with the most attractive trading fees in the market.
#Token_Spotlight #EGLD #ONUS #ONUSPro
🔧 Announcement: Server Infrastructure Maintenance and Upgrade Plan for ONUS Pro
In order to upgrade server infrastructure and enhance system performance, our technical team will be conducting maintenance on futures contract transactions at ONUS Pro. Other features within the ONUS app will continue to operate as usual.
⏰ Maintenance period: From 19:00 to 23:00 UTC on November 14, 2023.
Official announcement: https://pro.goonus.io/en/help-center/announcements/announcement-server-infrastructure-maintenance-and-upgrade-for-onus-pro-2
Notable news in the last 24 hours (08/11)
BTC: 35,349 USD | ETH: 1,891 USD| Total market cap: 1,308 billion USD
1️⃣ London Stock Exchange seeks Chief Digital Asset Officer. The London Stock Exchange Group (LSEG) is actively seeking a new director to oversee digital asset activities within the stock exchange. The team will deploy a blockchain-based digital asset exchange to efficiently trade digitized stocks and bonds.
2️⃣ Kraken is considering building its own Layer 2. Kraken, one of the major cryptocurrency exchanges in the United States, is considering partnering with several leading blockchain technology companies to help them deploy their own Layer 2 networks. This step will put Kraken in the ranks of competition with Coinbase, a major competitor, as Coinbase launched its own Layer 2 network earlier this year. According to sources, Kraken is currently looking at companies like Polygon, Matter Labs, and the Nil Foundation among others to use their technology as the foundation for the new network.
3️⃣ Developer Avalanche laid off 12% of its workforce. Ava Labs, the Avalanche blockchain development team, confirmed a recent 12% staff cut, citing the need to optimize resources. According to LinkedIn, Ava Labs has 335 employees, suggesting about 40 have been affected by the layoffs. Ava Labs' vice president of development and strategy, Garrison Yang, suggested that many of those laid off came from the company's marketing team.
4️⃣ Binance launches Binance Messenger messaging app. Recently, the world's leading cryptocurrency exchange, Binance, made a big splash when it announced that it has released the Binance Messenger app on the Apple Store. This is said to be an important step in expanding their services into the realm of online chat and communication. The interesting thing here is that registering to use this application is attracting great interest. Existing users need an invitation code to register and use Binance Messenger.
🔧 TOMO Maintenance for Conversion to VIC
Based on the latest announcement from the Binance exchange – where ONUS takes liquidity for TOMO, this project will make the redenomination from TomoChain (TOMO) to Viction (VIC). All TOMO tokens will be converted to VIC tokens at a ratio of 1 : 1 (1 TOMO = 1 VIC).
To aid in this conversion, ONUS will halt all trading in TOMO assets:
⏰ 03:00 (UTC) on November 20, 2023: Halt all trading in TOMO assets, including Offchain, Trade, P2P, and Credit Line.
⏰ 08:00 (UTC) on November 24, 2023: The maintenance progress is completed, and functionality for VIC assets will be restored: Offchain, Trade, P2P, and Credit Line.
👉 Official announcement: https://goonus.io/en/tomo-maintenance-for-conversion-to-vic/
📢 Update on the implementation of Funding Rate at ONUS Pro!
From 08:00 on November 7, 2023, ONUS Pro will officially implement the Funding Rate mechanism for all trading pairs, except for the 3 pairs ONSVNDC, ONUSVNDC, and MNAIVNDC.
Users should note this to have a suitable trading plan.
Learn about the Funding mechanism at ONUS Pro: https://goonus.io/en/apply-funding-rate-mechanism-on-onus-pro-2/
Notable news in the last 24 hours (07/11)
BTC: 34,883 USD | ETH: 1,886 USD| Total market cap: 1,297 billion USD
1️⃣ NFTs and cryptocurrencies appear in the episode The Simpsons. NFTs and blockchain recently appeared in the episode of The Simpsons on Sunday night US time. In the episode, Marge fights through the blockchain to save Bart, who is now a living NFT, while the city's mayor claims that Springfield's art museum will be digitized. In the episode, there are also appearances of top NFTs such as Beeple, Bored Ape Yacht Club ...
2️⃣ The Bank of England announces plans to regulate stablecoins. Under the UK government's proposal, regulations for fiat-backed stablecoins would begin in early 2024. According to the article, the BOE will systematically regulate stablecoins while the FCA will regulate the larger cryptocurrency market. British Prime Minister Rishi Sunak has stated that he wants the country to become a crypto hub. Making clear rules for digital assets and crypto companies is within the UK's goal.
3️⃣ Consecutive cash flows are poured into digital assets. Digital asset investment products saw inflows totaling $261 million, marking the 6th consecutive week of positive cash flows, and now totaling $767 million, surpassing the total inflows of $736 million seen in 2022. Ethereum saw its largest inflows since August 2022, totaling $17.5 million.
4️⃣ Germany's 3rd largest bank launches digital storage product. DZ Bank, Germany's third-largest bank with €300 billion in assets under management, recently announced the launch of a blockchain-based digital custody platform for institutional clients, allowing institutional clients to invest in cryptocurrencies. DZ Bank is also developing a direct investment service in cryptocurrencies for retail customers.
🚀 XRP sees steady growth after legal victories
🌟 Ripple, founded in 2012, is one of the first companies in the blockchain industry.
➡️ The Ripple network essentially makes it possible to complete payments faster – almost instantly – cheaper, more secure and with direct access.
➡️ After many days of continuously witnessing strong escalations, XRP has officially reached a growth milestone of 29.717% after 1 month, reaching a price of 16,779 VNDC. Currently, this token is in the Top Gainers and ranked 3rd in Top Trending on the ONUS application.
➡️ With recent legal victories against the SEC, including the court decision's implying that XRP is not a security when traded on secondary markets and SEC's decision to drop lawsuit against Ripple executives, XRP is expected to continue to grow stronger in the near future.
Notable news in the last 24 hours (05/11)
BTC: 35,151 USD | ETH: 1,887 USD| Total market cap: 1,292 billion USD
1️⃣ Yuga Labs announces partnership with Magic Eden. Recently, Yuga Labs, the father of the cult BAYC NFT collection, announced a partnership with Magic Eden to introduce the first Ethereum NFT that protects creators' royalties under contracts. The product is expected to launch in late 2023.
2️⃣ The founder of BRC-20 proposed new improvements. Domo, the founder of BRC-20, introduced a proposed security improvement and proposed a new core function called "fraction." This new proposal could improve a smoother BRC-20 token transmission experience. In addition, it can increase the difficulty of intervention as well as the cost if bad actors want to attack, thereby improving the security of the network.
3️⃣ The UK regulator releases a Crypto Asset Advertising Handbook. The released material focuses primarily on fairness and clarity in advertising. The FCA Handbook addresses the growing cryptocurrency market, allowing exceptions for authorized persons and circumstances. Additionally, crypto companies are reminded to meet legal and regulatory requirements in the absence of UK crypto regulation.
4️⃣ Elon Musk reaffirmed that he will not issue cryptocurrencies. On Friday, November 3, Elon Musk announced that his new startup, xAI, will launch its artificial intelligence engine. "Tomorrow, xAI will release the first artificial intelligence to a select group of people," Musk tweeted X. To avoid unnecessary fraud problems due to the event, Elon has emphasized once again that his companies will not create a single token or cryptocurrency.
🔥 New Listing!
ONUS Futures Pro now opens new trading pairs: CAKEVNDC, MEMEVNDC, TOKENVNDC, SNTVNDC, TWTVNDC. Trade now!
📌 Details: https://goonus.io/en/onus-futures-pro-new-listing-cakevndc-memevndc-tokenvndc-sntvndc-twtvndc/
Announcement: Temporary suspension of 9 trading pairs
To maintain and optimize performance, ONUS temporarily suspends the following 9 trading pairs: OPVNDC, RNDRVNDC, XRPVNDC, AAVEVNDC, COTIVNDC, LINAVNDC, NEARVNDC, NKNVNDC, TRUVNDC.
- Maintenance period: From 12:15 UTC on November 3, 2023.
- Expected Reopening Time: 12:45 UTC on November 3, 2023.
Please close your positions before the maintenance time or hold your positions until trading is resumed. Other trading pairs will continue to operate as usual.
Best regards,
ONUS team.
Notable news in the last 24 hours (03/11)
BTC: 34,581 USD | ETH: 1,788 USD| Total market cap: 1,254 billion USD
1️⃣ Hong Kong says new tokenization rules are being implemented. In a recent announcement, the Department of Financial Services and Treasury (FSTB) revealed a series of important fintech and tokenization initiatives in Hong Kong. The FSTB's ambitious roadmap includes the launch of a new Integrated Funds Platform (IFP). It also includes the promotion of applications and innovations related to the real economy in the field of virtual assets and Web3.
2️⃣ Visa trials tokenized deposits for Hong Kong's CBDC with HSBC and Hang Seng Bank. Visa, in partnership with HSBC and Hang Seng Bank, has been testing tokenized deposits for Hong Kong's CBDC, highlighting its benefits. The CBDC pilot not only introduces digital dollar use cases but also how it could revolutionize the nation's payment system. Visa sees tokenization technology as a key factor in connecting banks and cryptocurrencies, changing interoperability in the industry.
3️⃣ Swiss bank SGKB offers digital asset trading. St. Galler Kantonalbank in Switzerland is launching new Bitcoin (BTC) and Ethereum (ETH) trading services to select retail and institutional clients. This offering gives SKGB customers direct access to Bitcoin and Ethereum right in their portfolios through SEBA bank. Swiss banks have quickly seen a need for regulated cryptocurrency trading, custody and brokerage, especially in the wake of the U.S. banking crisis.
4️⃣ The SEC issued a subpoena to PayPal over the PYUSD stablecoin. The SEC has issued subpoenas to PayPal related to its stablecoin, PYUSD, as part of its crackdown on cryptocurrencies. Very soon after, PayPal committed to cooperating with the SEC's request for documentation related to stablecoins pegged to the USD.
🆕 Introducing the Auto Staking feature for ONUS Shares!
To help users save time when investing in ONUS Shares, ONUS has added the Auto Staking feature, allowing users to automatically deposit ONUS into ONUS Shares every day without the need for multiple manual actions.
💡 Tip: Users can combine the use of the Auto Invest feature and ONUS Shares' Auto Staking utility to build an efficient, long-term ONUS accumulation and investment plan.
*Please update your ONUS app to version 4.9.6 to access this feature.
📌 Details & Instructions: https://goonus.io/en/introducing-the-auto-staking-feature-for-onus-shares/