Blockchain
HOGE Token Going Global with Community Projects
HOGE aims to expand its reach by attracting people of all age groups from around the globe. The HOGE community is currently developing multiple use cases for the token by working with its legal team and not-for-profit Swiss Association to sign partners and establish a Decentralized Autonomous Organization (DAO). Tech billionaire Mark Cuban described the DAO structure as “the ultimate combination of capitalism and progressivism”, it serves the purpose of making the HOGE ecosystem safe and optimal without the need for intermediaries.
The original DeFi-powered meme token, HOGE is a deflationary cryptocurrency built on the Ethereum network. HOGE created “burning” strategies, which allow the price to increase with every transaction made with the cryptocurrency while decreasing its supply. A 2% tax is levied on all transactions and is split between all holders and burn addresses. This ensures a constant increase in the cryptocurrency’s value.
The HOGE community favors humanitarian efforts with tokens designed to support underfunded causes and has raised over $60,000 for nonprofit organizations to date. Partnering with WhiteBIT, HOGE is planning to contribute to 5 non-profits monthly for the next five months.
The HOGE also targets artists by working on its own HOGE-operated NFT marketplace to create opportunities, encouraging creators to share their work and enter rewarding partnerships. Gaming and esports enthusiasts are also among the target audiences. HOGE releases several community-built games with playable demos and also fosters traditional gaming partnerships with public sports figures.
HOGE’s marketing campaign #HOGEeverywhere aims to make it accessible across most blockchains and exchanges while bringing together communities in media, arts, sports, gaming, education, tech, and finance. HOGE token is available on top centralized custodial exchanges such as WhiteBit and Gate.io and plans to further increase its availability. It is also available on popular decentralized exchanges like Uniswap and Pancakeswap.
One of the more unique HOGE programs is the building of the “Hoge University”, a platform containing recent articles and educational courses. Courses will be created by industry leaders, sharing their experiences and knowledge. The primary goal is to train the community in unconventional areas like content creation and crypto.
Another unique program of the community is the Hogue Aerospace Institute (HAI). Cooperating with universities, the team develops aerospace products with the aim of boosting economic growth. The institute also combines the crypto community, blockchain technology, and education to research innovative solutions.
More information on the HOGE’s website.
Blockchain
Alpha Transform Holdings Releases March Report on ASC AI Index
Blockchain
Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins
In a recent communication directed to Treasury Secretary Janet Yellen, US Senator Elizabeth Warren has strongly advocated for the incorporation of robust Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures specifically tailored for stablecoins. Senator Warren’s correspondence underscores the critical importance of adopting the full array of AML tools outlined by the Treasury Department in a prior November 2023 communication to Congress.
Senator Warren has underscored the burgeoning threat posed by cryptocurrencies, particularly stablecoins, to national security. She has specifically drawn attention to instances where entities like Iran and Hamas have turned to cryptocurrencies as a means to raise funds and support terrorist activities. To effectively address this evolving threat landscape, Senator Warren asserts that any forthcoming crypto legislation must encompass comprehensive AML/CFT authorities as requested by the Treasury Department.
Moreover, Senator Warren has made reference to the testimony provided by Deputy Secretary Adewale O. ‘Wally’ Adeyemo before the Senate Committee on Banking, Housing, and Urban Affairs. In this testimony, Adeyemo emphasized the critical need for additional AML authorities to combat the growing menace posed by cryptocurrencies. Senator Warren has pointed out that the exclusion of crucial actors within the digital asset ecosystem, such as miners and validators, from AML/CFT requirements could potentially enable nefarious actors to exploit the increased crypto trading facilitated by stablecoin legislation.
Senator Warren’s steadfast stance on the regulation and oversight of cryptocurrencies is aligned with her prior efforts aimed at curbing illicit activities and safeguarding consumers, the financial system, and national security interests. She has persistently advocated for the closure of loopholes in AML regulations that allow sanctioned entities like Iran to derive revenue through crypto transactions. Furthermore, Senator Warren has consistently voiced concerns regarding the exploitation of cryptocurrencies in terrorist financing schemes and has called for the implementation of stronger regulatory frameworks to protect both consumers and national security interests within the realm of stablecoin-related legislation.
Source: blockchain.news
The post Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins appeared first on HIPTHER Alerts.
Blockchain
Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests
Binance has rolled out Binance Megadrop, a novel token launch platform that blends airdrops with Web3 quests. This platform enables users to engage in BNB Locked Products subscriptions and complete tasks within their Web3 Wallet to earn early rewards from chosen Web3 projects, even before their tokens hit the Binance Exchange.
The inaugural project featured on Binance Megadrop is BounceBit (BB), a BTC restaking chain. Here are the token specifics for BounceBit: Max Token Supply: 2,100,000,000 BB, Megadrop Token Rewards: 168,000,000 BB (8% of max token supply), Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply).
To kickstart their journey with Binance Megadrop, users must log into their Binance account and ensure they possess an active Binance Web3 Wallet. From there, they can subscribe to BNB Locked Products and/or fulfill Web3 Quests to accumulate scores. These scores dictate the rewards received through the Megadrop program.
The scoring mechanism for Megadrop relies on the Locked BNB Score, determined by the quantity of BNB subscribed and the subscription period’s duration. Users also earn a Web3 Quest Bonus and a Web3 Quest Multiplier upon completion of designated Web3 Quests. The total score is computed by applying the Web3 Quest Multiplier to the Locked BNB Score and adding the Web3 Quest Bonus.
Importantly, only wallets created within the Binance Web3 Wallet and not external wallets will count towards Megadrop participation. Megadrop rewards will be airdropped to users’ Binance Spot Wallets.
Users must undergo identity verification and maintain at least one active Binance Web3 Wallet to qualify for Megadrop rewards. Additionally, certain jurisdiction-based eligibility criteria apply. Users from Australia, Canada, Cuba, Crimea Region, Hong Kong, Iran, Japan, New Zealand, Netherlands, North Korea, Russia, Singapore, Syria, United Kingdom, United States of America, and its territories are presently ineligible to participate in BB Megadrop.
Binance Megadrop is aimed at offering users an interactive and rewarding experience within the crypto realm. Further details regarding the Megadrop amount, Web3 Quests, and the comprehensive listing plan will be disclosed separately.
Source: blockchain.news
The post Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests appeared first on HIPTHER Alerts.
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