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AURU.M™ Achieves Softcap of £10 Million Prior to Public Launch, Marking the World’s Largest Security Token Offering (STO)

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AURU.M™, the groundbreaking commodities-backed digital asset, proudly announces the achievement of its £10 million softcap ahead of its highly anticipated public launch. This milestone sets the stage for the world’s largest Security Token Offering (STO), underscoring the immense investor confidence and market demand for this innovative financial instrument.
AURU.M™ is backed by substantial gold reserves, combining the intrinsic value of precious metals with the efficiency and security of blockchain technology. This unique proposition offers investors a stable and transparent store of value, addressing the volatility often associated with digital assets.

Key Highlights of the AURU.M™ STO:

• Softcap Achievement: The initial funding goal of £10 million has been met through private and institutional investments, reflecting strong pre-launch interest and confidence in AURU.M™’s value proposition.

• World’s Largest STO:  With the softcap surpassed, AURU.M™ is on track to become the largest Security Token Offering globally, setting new benchmarks in the digital asset space.

• Commodities-Backed Stability: AURU.M™ provides a robust and reliable investment opportunity, leveraging the stability of gold to offer a secure digital asset for investors.

• Integration with QELT™: As part of the Quantum Financial System (QFS), AURU.M™ utilizes the advanced capabilities of the QELT™ platform, ensuring enhanced security, speed, and transparency in transactions.

Investor and Market Benefits:

• Enhanced Security: Utilizing blockchain and quantum-level encryption, AURU.M™ offers unparalleled security for all transactions.

• Transparency: Regular audits and transparent reporting ensure that the gold reserves backing AURU.M™ are verifiable and accessible.

• Global Accessibility: The integration with QELT™ allows for seamless cross-border transactions, making AURU.M™ a truly global digital asset.

• Stable Value: The commodities-backed nature of AURU.M™ provides a hedge against market volatility, offering a stable and reliable investment option.

Phil Ryan, CoFounder of AURU.M™, commented, “We are incredibly proud to have reached our softcap ahead of schedule, demonstrating the strong belief in the potential of AURU.M™. This achievement not only underscores the demand for stable and transparent digital assets but also marks a significant milestone in the evolution of the global financial system,” said Phil Ryan, co-founder of AURU.M™. “We look forward to the public launch and continuing to drive innovation in the digital asset space.”
Oliver Moorhouse, CoFounder of AURU.M™, added: “The success of our pre-launch phase is a testament to the robust foundation of AURU.M™. By combining the timeless value of gold with cutting-edge Quantum Enhanced Ledger Technology, we provide investors with a secure and transparent way to invest in the future. The upcoming public launch is set to redefine the standards of Security Token Offerings worldwide.”

The post AURU.M™ Achieves Softcap of £10 Million Prior to Public Launch, Marking the World’s Largest Security Token Offering (STO) appeared first on HIPTHER Alerts.

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Blockchain

Mysterious Trader Makes $150,000 Profit in 3 Hours From Just $2,956: Blockchain Analysis

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A new Ethereum meme coin, Pochita ($POCHITA), has made headlines after skyrocketing in value shortly after its launch. According to on-chain data, one trader turned an initial investment of $3,000 into $150,000 in under three hours, reflecting a near-5000% profit. This rapid surge has drawn comparisons to other meme coins like Bonk ($BONK), which gained significant attention in the Solana ecosystem.

Pochita launched on October 2, 2024, quickly reaching a $20 million market cap within 9 hours, despite the broader crypto market contracting by 2.9% over the past 24 hours. The meme coin sector also dipped 3.2%, now valued at $47.5 billion. Despite the falling prices, Pochita’s rapid rise suggests strong investor sentiment around meme coins remains, especially following recent Federal Reserve interest rate cuts.

Though meme coins are known for their volatility and lack of clear fundamentals, they can provide quick gains for traders. Pochita is being discussed as a potential successor to Bonk, and if it continues its growth, it could join the ranks of other top meme coins like Dogecoin, Shiba Inu, and Pepe Coin.

At the same time, other projects such as Crypto All-Stars ($STARS) are providing new avenues for meme coin holders by offering a unified staking platform where users can stake various meme coins and earn rewards. Crypto All-Stars has already raised over $1.9 million in its presale, indicating strong interest in platforms that provide utility and passive income opportunities for meme coin enthusiasts.

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Source: cryptonews.com

The post Mysterious Trader Makes $150,000 Profit in 3 Hours From Just $2,956: Blockchain Analysis appeared first on HIPTHER Alerts.

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Binance warns of crypto market risks from overvaluation, centralization

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A recent Binance report highlights critical risks in the cryptocurrency market, warning of the dangers posed by inflated valuations and centralized token ownership. The report cautions that if these issues remain unaddressed, they could destabilize the long-term stability and growth of the crypto industry.

Valuation Concerns: The report emphasizes that overvaluation, particularly in newly launched tokens with low circulating supply, could lead to market bubbles and poor performance. Venture capital funds, which once aggressively invested in crypto, are now scaling back and shifting focus to sectors with more sustainable valuations. As the market becomes saturated with new tokens, the circulating supply could increase exponentially, further straining performance.

Centralization of Token Ownership: Binance also flags the risks of centralization, where large tokenholders dominate ownership. This concentration of power can result in governance issues, market manipulation, and potential crashes caused by sudden sell-offs. The report stresses the need for decentralized control and broad participation to maintain the integrity and resilience of crypto projects.

Transparency and Trust: To mitigate these risks, the report underscores the importance of transparency in fund management. A lack of clear disclosures can erode stakeholder trust and harm project sustainability. Binance notes that greater transparency, like the adoption of proof-of-reserves by platforms such as Coinbase, is crucial for fostering responsible financial management and building long-term trust in the market.

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In conclusion, the report urges the crypto industry to prioritize decentralized governance and transparency to ensure sustainable growth and maintain market confidence.

Source: cointelegraph.com

The post Binance warns of crypto market risks from overvaluation, centralization appeared first on HIPTHER Alerts.

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COPA, Unified Patents Partner to Fight Crypto Patent Trolls

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The Cryptocurrency Open Patent Alliance (COPA) has teamed up with Unified Patents to launch the Blockchain Zone initiative, aimed at combating “patent trolls” in the crypto industry. Patent trolls, or non-practicing entities (NPEs), are known for exploiting patent rights through litigation rather than developing new technologies. COPA and Unified Patents aim to prevent such entities from hindering blockchain innovation by making costly and baseless patent assertions.

The initiative is designed to safeguard blockchain and related technologies from these unwarranted patent claims, fostering an environment where developers and companies can innovate freely without fear of legal threats. Key figures in the partnership, such as Paul Grewal from Coinbase and Steve Lee from Spiral, emphasize that patent trolls create significant barriers to technological progress, especially in the fast-evolving crypto space.

By aligning with over 300 companies through Unified Patents, COPA’s effort strengthens its mission to protect the blockchain community and the broader crypto-economy from the disruptive impact of NPEs, ensuring that blockchain innovation remains open and accessible.

Source: news.bitcoin.com

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