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U2U Network, a leading DePIN Layer-1 platform, has closed its funding rounds with $13.8 million in preparation for its upcoming listing in Q4 2024. The platform aims to enhance user experiences by serving as a centralized hub for various DePIN projects, leveraging advanced modular blockchain technology to address scalability and interoperability challenges. With over 180,000 wallet addresses and significant partnerships, U2U Network is poised to contribute to the evolution of decentralized infrastructure.
FTX has recovered approximately $14.5 million through settlements related to political donations, including $6 million from the House Majority PAC and $3 million from the Senate Majority PAC. This recovery is part of ongoing efforts to reclaim assets linked to Sam Bankman-Fried's extensive political contributions during his tenure as CEO. As the bankruptcy estate seeks to retrieve misallocated funds, legal actions have also been initiated against major platforms like Binance and Crypto.com, with creditor reimbursements expected to begin in early 2025.
Lunex Network is emerging as a competitive DeFi protocol, offering asset swaps, high APY staking, and advanced trading tools while emphasizing privacy and decentralized governance across 40+ blockchains. With a successful token presale raising over $4 million, the platform aims to attract investors seeking efficient crypto solutions. Meanwhile, KuCoin supports HYPE token deposits, and Binance Coin faces challenges amid regulatory pressures, despite recent gains and increased on-chain activity.
CryptoAutos has announced the Token Generation Event (TGE) for its $AUTOS token, set for December 11, 2024, at 12 PM UTC, following a successful community launch that raised $4.5 million in just 5.5 hours. The token will launch at $0.04 and will be available on Uniswap, KuCoin, and Gate.io, enhancing luxury automotive transactions and governance within the platform. Participants can claim their tokens immediately upon TGE, with airdrop distributions for game winners occurring simultaneously.
CryptoAutos has announced the Token Generation Event (TGE) for its $AUTOS token, set for December 11, 2024, at 12 PM UTC, following a successful community launch that raised $4.5 million in just 5.5 hours. The token will launch at $0.04, with availability on Uniswap, KuCoin, and Gate.io, enhancing luxury automotive transactions and governance through blockchain technology.
Rexas Finance (RXS), currently priced at $0.125, is gaining traction in the DeFi space, with projections suggesting it could reach $15.50 within a year. The successful presale has raised over $23 million, and the project has been audited by Certik, enhancing investor confidence. Upcoming exchange listings and community engagement initiatives, including a $1 million giveaway, are expected to drive demand and visibility for RXS tokens.
Holders can choose to keep their old tokens or exchange them for new ones. Major cryptocurrencies like Bitcoin and Ethereum remain top choices for both beginners and long-term investors due to their established market presence and potential for growth. EigenLayer enhances Ethereum's functionality by enabling restaking, allowing validators to secure additional decentralized services efficiently.
CATS, a meme token on the Open Network (TON) blockchain, is distributed through an airdrop program to eligible Telegram users. Users can redeem codes from CATS YouTube videos for tokens, with new codes released regularly to maximize earnings. CATS tokens are available for trading on platforms like KuCoin and Bitget, enhancing user engagement and community growth.
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