Blockchain
Singapore-Based Crypto Lending Platform Hodlnaut Partners with Leading Crypto Exchange Okcoin
Hodlnaut, a crypto lending and interest-earning platform based in Singapore, partners with leading U.S. crypto exchange, Okcoin. The new partnership is set to significantly improve users’ investment options and earning potential.
The strategic collaboration positions Hodlnaut as the first CeFi platform to partner with the American crypto exchange and will allow users from both platforms to easily purchase cryptocurrencies and earn attractive returns on their assets. Okcoin is Hodlnaut’s preferred fiat on-ramp solution, especially for BTC/SGD and ETH/SGD pairs. It allows Singapore users to generate yield on the two largest crypto assets in their local currency.
“We are excited to be teaming up with Okcoin as part of our commitment to offer users the best possible experience and to drive strategic collaborations within the crypto space. I believe this partnership will benefit users as they would now be able to trade and earn a greater yield on their crypto assets,” said Juntao Z., CEO and Co-Founder of Hodlnaut.
Okcoin is the fastest-growing globally licensed U.S. fiat-to-crypto exchange with offices in San Francisco, MaltaS, Singapore, and Japan. The platform enables investors to buy and trade 29 of their supported crypto assets.
“We are extremely excited to partner with Hodlnaut. Our collaboration is aligned with our mission to make crypto investing and trading easily accessible to anyone worldwide. We are building the next generation of tools to help onboard investors and traders who have been on the fence about crypto. We believe that this partnership will contribute positively to the crypto ecosystem for consumers not only in Singapore but also to the 190+ countries Okcoin serves,” said Khairi Azmi, General Manager of Okcoin Singapore.
Starting from 15 September, Hodlnaut users will be able to earn $10 in BTC when they create an account, deposit and trade with Okcoin. To be eligible for this promotion, please take note of the following requirements:
- KYC Level 3 identity verification must be completed
- Deposit and trade a minimum of $500 with the newly created Okcoin account
Okcoin users can also earn a $20 sign-up bonus if they deposit a minimum of USD1,000 worth of crypto in a single transaction within one week of their first deposit. The dividend will be paid out in the same asset class as the qualifying deposit, and KYC is mandatory to be eligible for the bonus.
To get started, Hodlnaut users can sign up for an Okcoin account here, while Okcoin users can click on the link here to create an account with Hodlnaut.
bybit lucky
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.
-
Blockchain5 days agoBridging Innovation and Regulation: How Yellow Network is Transforming Non-Custodial Trading in a Pro-Crypto Future
-
Blockchain6 days ago
Prosper Adds 7,000 More ASIC Miners from BITMAIN To Drive Tokenization of Hashrate as Multichain RWA ; Targets 170MW Capacity With New Strategic Round
-
Blockchain Press Releases5 days agoHTX Ventures Identifies Five Rapidly-Growing Sectors in 2024, Expects Positive Crypto Regulations Driven by Trump Next Year
-
Blockchain6 days ago
Blocks & Headlines: Today in Blockchain (Reserve Bank of India (RBI), Aethir, Blockchain Center Abu Dhabi, Qubetics, )
-
Blockchain3 days ago
50,000+ Mined Coins and 100,000 New Users: EMCD Summarizes 2024
-
Blockchain6 days agoLoan Brokers Market Opportunities and Strategies Report to 2033 – Loan Brokers Market Poised for Strong Growth, Forecasted to Reach $947.9 Billion by 2033
-
Blockchain4 days agoBuilding Bridges in Crypto: Bybit Sparked Dialogues and Joined Industry Leaders at Bitcoin MENA
-
Blockchain3 days ago
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
