Blockchain
Binance Launches Crypto Lemonade Summer Promotion with 500,000 USDC in Rewards
Binance, one of the world’s leading cryptocurrency exchanges, has unveiled its “Crypto Lemonade Summer” promotion, offering users the chance to win a share of 500,000 USDC through its referral program, “Lite Referral.”
Promotion Details:
– Duration: August 14, 2024, 00:00 UTC to August 31, 2024, 23:59 UTC.
– Rewards: Users can earn up to 50 USDC by inviting friends who complete at least one trade of $10 equivalent and maintain a net deposit of at least $10 equivalent.
– Referral Rewards: Both the referrer and the referred user will split 10 USDC in token vouchers.
How to Participate:
1. Register on the promotion’s landing page to confirm participation.
2. Invite friends to join Binance via the Referral Program.
3. Ensure referrals complete at least one trade of $10 equivalent and maintain a net deposit of at least $10 equivalent by the end of the promotion.
Terms & Conditions:
– All new and existing users are eligible, with a maximum reward of 50 USDC per user from the reward pool.
– Rewards are distributed on a first-come, first-served basis based on the referral’s first trade completion time.
– Token voucher rewards will be distributed within 21 days after the promotion ends and expire within 14 days of distribution.
– Participants must complete KYC and maintain a net deposit of at least $10 equivalent to be eligible for rewards.
– Binance reserves the right to disqualify users for dishonest behavior, such as wash trading, bulk account registrations, self-dealing, or market manipulation.
– Binance may amend or cancel the promotion at its discretion without prior notice.
This promotion offers Binance users a unique opportunity to grow their crypto portfolio while introducing friends to the platform.
Source: blockchain.news
The post Binance Launches Crypto Lemonade Summer Promotion with 500,000 USDC in Rewards appeared first on HIPTHER Alerts.
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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