First SEC-Registered Crypto Platform To Offer Ether Services
OKX Expands To Argentina, Social dApp Friendzone To Launch On Polygon, Ether Dencun Upgrade In Final Testnet Stage
Welcome to Coinfeeds Daily Digest! Friendzone, a new decentralized social marketplace dApp, will be launching on Polygon's proof-of-stake chain, Ondo's stablecoin USDY has launched on the Sui blockchain, and Ethereum developers are working through the final testnet 'Holesky' ahead of the Dencun upgrade on mainnet. OKX has begun its expansion to crypto-friendly Argentina with a dedicated crypto wallet and exchange for DeFi features, and a hybrid token (can be fractionalizable and unique like NFTs) on the new ERC-404 standard has hit $170M in market cap after surging 5K%. Moreover, MicroStrategy has presented itself as a Bitcoin ETF alternative in its latest earnings call, and Bakkt, a company once touted as the savior of Bitcoin, warned that it is running low on cash and might not be able to remain in business
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Prometheum, the First SEC-Registered Crypto Platform, Starts With Ether Offering
Prometheum Inc. has emerged as a pivotal player in the U.S., becoming the only crypto securities platform registered with U.S. regulators. The firm has made headlines by selecting Ethereum as the first digital asset to be offered to its clients. This strategic decision marks a significant step forward in the integration of cryptocurrency with traditional financial services. | Read More
Experimental ERC-404 Token Hits $170M Market Cap
The ERC-404 standard is a novel concept that allows for the creation of tokens that can be both fractionalized like traditional cryptocurrencies and also hold unique properties like NFTs. Since its launch on Feb 2, Pandora has seen an astronomical rise in value, with its market cap reaching $170M. The price of a single Pandora token has increased by 5,000%, trading at $16,600. | Read More
Ethereum's Dencun Upgrade In Final ‘Holesky’ Testnet
Ethereum is on the brink of a significant upgrade that promises to enhance its efficiency and reduce transaction costs. The upgrade, known as Dencun, has completed its final test phase on the Holesky testnet, signaling a green light for its upcoming mainnet launch. | Read More
OKX Expands To Argentina With Wallet & Exchange
OKX, a prominent player in the global crypto market, has made a significant move by launching its exchange services and a dedicated digital wallet in Argentina. This strategic expansion is set to provide Argentinian users with a comprehensive suite of tools to engage with the digital economy, including DeFi. | Read More
Social App Friendzone To Launch on Polygon This Month
Friendzone, a new player in the social marketplace arena, is gearing up to make its debut on the Polygon PoS blockchain on Feb 26. This innovative platform is not just another social app; it's a dual-layered ecosystem designed to enhance how we manage our social connections and activities online. | Read More
MicroStrategy Calls Itself An Alternative To Bitcoin ETFs
MicroStrategy, a company that has pivoted from software consulting to becoming a major Bitcoin holder, is making a play to position itself as an alternative to spot Bitcoin ETFs. During the earnings call, MicroStrategy highlighted the advantages it believes it has over the new instruments. | Read More