Blockchain Press Releases
“Topp Jirayut” pinpoints 3 challenges on digital assets at World Economic Forum 2024
BANGKOK, Jan. 29, 2024 /PRNewswire/ — Bitkub Capital Group Holdings Co., Ltd., led by Jirayut Srupsrisopa, Founder and Group CEO, participated in the World Economic Forum 2024, held from 15-19 January 2024 in Davos, Switzerland. This esteemed economic conference hosted over 2,800 distinguished delegates, including world leaders, leading business founders, and global academic professionals, who contributed their perspectives on the annual global economic direction. Also, together with Prime Minister and Minister of Finance of Thailand, Srettha Thavisin, alongside Thailand’s leading enterprises.
For the third consecutive year, “Topp Jirayut” was cordially invited to share his vision under the concept of “Rebuilding Trust,” symbolizing the resurgence of confidence after a period of sluggish economic growth over the past 2-3 years.
At the forum, “Topp Jirayut” was a keynote speaker for the “Clear-Eyed about Crypto” topic, representing the appropriate Digital Asset Industry Regulations guidelines for business promotion and consumer protection, as well as the Digital Asset Industry direction. The topic forum was also contributed to by the global public and private sectors, including Grayscale Investments, The Government of the Hong Kong Special Administrative Region (HKSAR), Ripple, and Fluency Group.
Bitkub CEO, Jirayut Srupsrisopa, discussed 3 remarkable issues on digital asset concerns: “Regulations and controls in digital assets should be built upon the development of cryptocurrencies’ maximum potentials without violating the laws. Fortunately, Thailand’s crypto market is validated and certified by the Securities and Exchange Commission alongside the support provided by the other 2 trustworthy financial institutions, ensuring opportunities for the new innovations’ development.”
Jirayut further stated, “Secondly, Spot Bitcoin ETF approval is aimed to stimulate increasing demands for digital asset trading, where regulations have the least impact on competition limits or discretion. The regulatory authorities are advised to learn and understand or try out digital asset trading prior to establishing the regulatory frameworks so that the rules and regulations are in line with the real business situation. And finally, the digital asset regulation establishment shall not be applicable with a ‘one-size-fits-all’ principle. The digital asset rules should be set with specific requirements in each context.”
The six topics featuring “Topp Jirayut” visions at the World Economic Forum are as follows:
- Building ASEAN’s regional structure integration through the digital economy
- Empowering a financially resilient individual
- The future of centralised exchanges
- Facilitating trade through tech
- Building Trust for Our Common Future: Role of Education, Technology, and Blended Finance for Better Business, Better World
- Clear-Eyed about Crypto
About Bitkub Exchange
Bitkub Exchange is a digital asset exchange with the highest trading volume in Thailand. It is licensed by the Ministry of Finance and is supervised by the Securities and Exchange Commission.
Find out for more information at: https://www.bitkub.com/en
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Binance, a leading cryptocurrency exchange, has announced adjustments to the tick size (the minimum change in the unit price) of specific spot trading pairs. These adjustments are aimed at enhancing market liquidity and improving the overall trading experience for users. The changes are scheduled to be completed by 05:00 (UTC) and 07:00 (UTC) on May 23, 2024.
Traders can find details about the tick sizes of all spot trading pairs on Binance in the platform’s Trading Rules. Importantly, the adjustment will not impact spot trading and related functionalities. API users will also observe changes in the tick size, and they can stay updated with the latest tick size using the GET /api/v3/exchangeInfo endpoint. Additional details and updates can be found in the API Changelog.
Existing spot orders will not be affected by the tick size update. Orders placed before the update will continue to be matched with the original tick size. However, traders are advised to adjust their trading strategies accordingly to avoid any unnecessary impact on their trading activities.
Binance emphasizes the importance of referencing the English version of the announcement for the most accurate and up-to-date information, as there may be discrepancies in translated versions. The exchange remains committed to providing a seamless trading experience and appreciates the support of its users. Users are reminded to exercise caution and make informed decisions when trading on the platform.
Source: blockchain.news
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According to an official announcement released on May 16, 2024, OKX will introduce new USDC trading pairs in the spot trading section between 7:00 am and 8:00 am UTC on May 20, 2024. This addition aims to broaden trading options for OKX users and contribute to the expanding USDC ecosystem.
In light of the risks associated with digital asset trading, OKX has issued a cautionary note to all users. They emphasize that information provided by OKX and third parties is for informational and educational purposes only. OKX does not guarantee the accuracy or completeness of any information and does not provide financial, investment, or other forms of advice.
OKX highlights the speculative nature and high volatility of digital assets, cautioning that they may become illiquid at any time, potentially resulting in the loss of the entire investment. Therefore, OKX advises users to conduct thorough research and assess their risk tolerance before engaging in digital asset trading.
For inquiries regarding the new USDC spot trading pairs or any other concerns, users can contact OKX through their support center or engage with the OKX team on various platforms. OKX’s proactive approach in addressing user inquiries and fostering community interaction underscores its commitment to user satisfaction and the overall growth of the crypto ecosystem.
Source: blockchain.news
The post OKX Announces Support for New USDC Spot Trading Pairs appeared first on HIPTHER Alerts.
ShibaSwap, the decentralized exchange (DEX) affiliated with the Shiba Inu ecosystem, has announced a significant upgrade by migrating to the Shibarium blockchain. This move is expected to introduce a range of new utilities for users, as stated in a recent press release.
The upgrade includes features such as a revamped dashboard, enhanced user experience, discovery charts for trending tokens, and an improved process for onboarding new tokens onto the DEX.
Lead developer Shytoshi Kusama expressed enthusiasm for the upgrade, highlighting its potential to empower DEFI innovators and facilitate community token interaction on Shibarium. Kusama also invited the community to explore the new swap and encouraged existing Shibarium tokens to transition to the platform seamlessly, while assuring that further updates are in the pipeline.
A portion of transaction fees will be utilized to enhance liquidity pool (LP) value in swap transactions, benefiting users and the yield farming community, according to the press release.
The upgrade rollout will prioritize enhancing discovery and can be expected to include more regular updates and upgrades, as noted by fellow developer and contributor Kaal.
The upgrade aims to minimize gas fees and ensure faster transactions, in addition to supporting various segments of the Shiba Inu Ecosystem, including $SHIB and $LEASH tokens, SHEboshis DN-404 tokens, SHIB The Metaverse, ShibaSwap DEX, and the Shiba Eternity game.
Shibarium’s layer 2 mainnet, launched in August 2023, saw the creation of 21 million wallets and was trialed by millions of users. It introduced a new consensus mechanism called proof-of-participation (PoP), which selects validators based on their holdings of the associated cryptocurrency.
As of the latest data, the price of SHIB stands at $0.0002548, reflecting an almost 7% increase in the last 24 hours, with SHIB being the 11th largest in terms of market cap, according to CoinMarketCap.
Source: cointelegraph.com
The post ShibaSwap rolls out major upgrade, moves to Shibarium appeared first on HIPTHER Alerts.
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