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    CryptoAutos Announces Launch Date for $AUTOS Token Sale: Merging Blockchain with Luxury Cars

    CryptoAutos, the world’s first blockchain-powered luxury automotive marketplace, announces the launch of its native $AUTOS Token. Starting with a Fixed Price Community Launch on Fjord Foundry on December 3rd 2024, which will run for 3 days, followed by the Token Generation Event (TGE) and exchange listings in the coming weeks.At the core of the CryptoAutos ecosystem, $AUTOS introduces blockchain-driven solutions for transactions, staking, governance, and user engagement. With a Community Launch model, the platform prioritises community-driven, decentralised token distribution over venture capital.To mark the launch, CryptoAutos is offering a chance to win a Lamborghini Urus, showcasing its blend of blockchain innovation and luxury.Transforming Luxury Car Ownership with $AUTOSThe $AUTOS token aims to redefine how people interact with luxury cars, offering flexibility, transparency, and security. It facilitates seamless transactions, removes traditional banking barriers, provides a native token for the upcoming RWA platform and enables participation in the Gold membership service for the marketplace.Beyond transactions, $AUTOS empowers its community through decentralised governance, giving users a voice in shaping the platform’s future. It also incentivises loyalty with discounts, exclusive offers, and potential rewards, while providing dealers with advertising solutions within the CryptoAutos ecosystem.Through their luxury automotive marketplace, CryptoAutos is bringing to market one of the most powerful crypto to fiat off-ramps in the industry, giving real world utility to top tokens like, $BTC, $ETH, $BNB and many more. CryptoAutos has already generated over $58m in sales revenue to date through their automotive marketplace, and just recently completed the first ever car sale in $TON.Setting a New Benchmark for Token LaunchesCryptoAutos wants to raise the bar with its Community Launch model with Fjord Foundry, meant to ensure equal access and transparency for all participants. By allocating 110 million $AUTOS tokens through a public sale and securing up to $750,000 USDT in liquidity, the platform is prioritising a sustainable, community-driven approach over traditional VC funding.Exploring the Future of Luxury on BlockchainCryptoAutos is the world’s first blockchain-powered luxury automotive marketplace, offering a secure and transparent platform for purchasing high-value vehicles with cryptocurrency. By integrating Web3 technologies, CryptoAutos simplifies the buying process, providing a seamless experience for car enthusiasts and investors alike. Through its innovative $AUTOS token, CryptoAutos connects blockchain technology with real-world assets, creating a new standard for luxury ownership.To participate in the $AUTOS public sale, users can head to Fjord Foundry on the 3rd of December – https://app.fjordfoundry.com/token-salesFor more information, users can visit the links below:This article was originally published on Chainwire More

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    German inflation unchanged at 2.4% in November

    BERLIN (Reuters) – German inflation remained flat in November despite expectations of a second consecutive increase interrupting the downward trend in Europe’s troubled largest economy.Inflation stayed at 2.4%, the federal statistics office said on Thursday.Analysts polled by Reuters had expected a reading of 2.6% this month, after German consumer prices, harmonised to compare with other European Union countries, had risen by 2.4% year-on-year in October.Core inflation, which excludes volatile food and energy prices, was at 3.0% in November. The German data comes ahead of the euro zone inflation release on Friday. Harmonised inflation in the euro zone is expected to rise to 2.3% in November from 2.0% the previous month, according to economists polled by Reuters.Investors are watching the inflation data for Germany and the euro zone as a whole to gauge the next steps of the European Central Bank.The ECB is expected to cut interest rates further at its upcoming meetings, but the scale and speed of that course is unclear. More

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    Brazil’s Haddad says income tax reform to be neutral, take effect in 2026

    BRASILIA (Reuters) – Brazilian Finance Minister Fernando Haddad said on Thursday that a reform proposed by the government to increase income tax exemptions for the middle-class will be fiscally neutral and analyzed by Congress in time for it to take effect in 2026.After weeks of delays, Brazil on Wednesday announced a package to contain mandatory spending, accompanied by an unexpected income tax reform aimed at easing the burden on the middle-class to mitigate potential negative public backlash.Haddad told a press conference that the move to increase the exemption threshold for those earning up to 5,000 reais a month had an estimated 35 billion real ($5.89 billion) fiscal impact, which would be fully neutralized by compensatory measures. The government said the compensation would come from setting a higher effective tax rate for the wealthiest. According to Haddad, those earning more than 600,000 reais per year will face an effective income tax rate of 10%.The current effective tax rate is 4.2% for the top 1% of earners and 1.75% for the top 0.01%, government figures showed.When questioned about introducing the measure now despite its expected implementation only in 2026, Haddad said the decision was to “finalize all measures this year” to make “our project clear”.He had previously said the issue would only be addressed next year.MARKET TURMOILBefore the official announcement, reports of an increase in the income tax exemption from the current 2,824 reais soured market sentiment. The currency plummeted to its weakest level on record, while interest rate futures surged.”The fiscal tightening measures failed to live up to expectations and reinforce the idea that political commitment to stabilizing the public finances is lacking,” Capital Economics’ deputy chief emerging markets economist Jason Tuvey said.The real weakened past 5.98 per dollar in spot trading on Thursday.Haddad said the U.S. dollar had been strengthening globally, and told the press conference that inflation in Brazil is expected to end the year within or very close to the official target range of 1.5% to 4.5%.The government also outlined that the mandatory spending control package announced on Wednesday is projected to generate a fiscal impact of 327 billion reais between 2025 and 2030.The measures, which have yet to be formalized and voted by Congress, also include tighter restrictions on the BPC social benefit, aimed at assisting the elderly and disabled, and enhanced oversight of the Bolsa Familia welfare program.($1 = 5.9377 reais) More

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    Human vs Bot: Bybit Announces Copy Trading Competition with 200,000 USDT in Prizes

    Bybit, the world’s second-largest cryptocurrency exchange by trading volume, invites users to test their conviction in the classic human vs machine debate in a new Copy Trading Face-Off trading competition. With a 200,000 USDT prize pool for top traders and lucky voters, the competition gives traders a chance to be rewarded for living by their trading style. As the science of trading evolves with the abundance of data, tools, and new trading solutions, traders are increasingly combining intuition and data-driven insights, as well as human judgement and AI-powered precision. With Bybit Copy Trading, users may choose between both options or craft their own trading strategies in mixed models.The competition offers multiple ways to access the prize pool for traders on either side of the battle, and of all skill levels:To ring in an auspicious new trading year, users will still stand a chance to unlock 20% of the total prize pool if they have joined a losing squad. Another 15% of the prize pool will go to the top 100 traders by trading volume. For more information on the competition and terms and conditions, users may visit: Copy Trading Face-Off: Human vs. Bot.#Bybit / #TheCryptoArkAbout BybitBybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle (NYSE:ORCL) Red Bull Racing team.For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.comFor more information, please visit: https://www.bybit.comFor updates, please follow: Bybit’s Communities and Social MediaDiscord | Facebook (NASDAQ:META) | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | YoutubeContactHead of PRTony AuBybittony.au@bybit.comThis article was originally published on Chainwire More

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    Moongate Launches $MGT Token to Drive New Era of Engagement in the Attention Economy

    Moongate has officially launched its native token, $MGT, marking a significant milestone in the company’s mission to reshape brand-consumer engagement and redefine the value of user attention.Moongate is the first attention asset protocol for real-world activations. Launched in 2022, Moongate Protocol is actively utilized by over 3,800 brands and creators, including Binance, OKX, Token2049, EthDenver, Animoca, Wonderfruit, ComplexCon, and Sony (NYSE:SONY). The protocol has empowered thousands of brands to launch smart token campaigns, driving engagement from more than 1.7 million end users.As the digital landscape continues to evolve, the $MGT token introduces a structured, incentive-based model for brands and consumers alike. Designed to support real-world brand activations, loyalty programs, and consumer engagement, $MGT allows users to earn rewards through participation in token-based campaigns while brands can leverage the protocol to interact more meaningfully with their audiences.$5.2M in Funding and Upcoming Exchange Listings for $MGTTo achieve this vision and further fuel growth, Moongate successfully secured over $5.2 million in total funding. This includes investments from CMCC Global, Cogitent Ventures, and Token Bay Capital, as well as public sale proceeds from multiple Tier-1 launchpads. The fundraise reflects strong market interest in Moongate Protocol and $MGT, highlighting growing recognition of Moongate’s role in the attention economy.Following the launch of the $MGT token, it is now trading on Bitget, KuCoin, Gate.io, MEXC, and PancakeSwap.Bridging Digital and Real-World EngagementMoongate’s platform empowers brands to create and distribute smart tokens, offering a streamlined solution for businesses to connect directly with users both online and offline. Through initiatives such as NFT memberships, event tickets, and token-gated benefits, Moongate facilitates real-world utilities for brands. $MGT is at the core of this ecosystem, serving as the primary medium for rewards, user incentives, and engagement tracking.The launch of $MGT brings multiple features to users and brands:Community AirdropIn line with Moongate’s commitment to rewarding early supporters, the protocol will distribute a portion of the total $MGT supply through a community airdrop. The snapshot was taken on November 15, 2024, and eligible users can now claim their $MGT tokens on claim.moongate.id.What’s Next (LON:NXT) for MoongateWith the launch of $MGT, Moongate is set to expand its platform features while strengthening its partnerships with both Web2 and Web3 brands. Upcoming updates include enhanced staking features, an expanded rewards marketplace, and the release of MoonPad, a launchpad for partner token campaigns. These developments aim to deepen user participation and provide brands with powerful tools to create immersive experiences for their audiences.For more information on $MGT and Moongate’s vision for the future of attention assets, users can visit Moongate’s official website.About MoongateMoongate is an attention asset protocol disrupting the $1T+ attention economy. The protocol consists of two key layers—a utility layer for brands to issue smart token campaigns for real-world engagement, and a data layer where such on-chain engagement data are monetized at scale by key stakeholders. Moongate aims to disintermediate centralized platforms to maximize brand-consumer value. It also introduces an innovative “engage-to-earn” mechanism that promotes active consumer participation for brand rewards and a share of $MGT emission.To learn more users can visit Moongate’s Official Website | Twitter | LinkedInContactCEOJonathan MuiMoongatecontact@moongate.idThis article was originally published on Chainwire More

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    UK tenants hit by highest inflation in September

    $1 for 4 weeksThen $75 per month. Complete digital access to quality FT journalism. Cancel anytime during your trial.What’s included Global news & analysisExpert opinionFT App on Android & iOSFT Edit appFirstFT: the day’s biggest stories20+ curated newslettersFollow topics & set alerts with myFTFT Videos & Podcasts20 monthly gift articles to shareLex: FT’s flagship investment column15+ Premium newsletters by leading expertsFT Digital Edition: our digitised print edition More

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    Bitcoin price today: Holding below $96k as Thanksgiving holiday starts

    Bitcoin has hit a series of records since the Nov. 5 presidential election, boosted by expectations the incoming Trump administration will be extremely pro-crypto.Bitcoin was up 2.2% to trade at $95,493.0 by 07:00 ET (12:00 GMT).Fox News reported Wednesday that the Trump administration wants to shift the bulk of crypto regulatory oversight to the Commodity Futures Trading Commission from the Securities and Exchange Commission. The CFTC oversees the U.S. derivatives market, and is seen as having less strict regulatory standards than the SEC. Crypto firms in the U.S. have come under intense scrutiny from the SEC in the past number of years, with enforcement actions taken against major crypto companies including Consensys, Coinbase (NASDAQ:COIN) and Kraken. XRP – whose issuer Ripple has been embroiled in a long-running lawsuit with the SEC – initially gained more than 7% following the news.Veteran financial regulator Paul Atkins is among the top contenders to replace SEC Chair Gary Gensler from January, Bloomberg reported on Wednesday.Atkins, who was reportedly interviewed by Trump’s team, is a proponent of digital assets, and is expected to adopt a much friendlier approach to regulation than Gensler. Gensler, who said he will resign as Trump takes office next year, has been criticized by crypto proponents for regulating the industry through enforcement. Reports of Atkins’ consideration as SEC chair also came as Trump picked candidates with pro-crypto stances to head the Treasury and as the Secretary of Commerce. But despite optimism over the incoming administration’s plans for crypto, analysts at Compass Point said in a client note Wednesday that Trump’s stated plan for a Bitcoin strategic reserve had limited scope.The Treasury was unlikely to approve more deficit-driven funding for the government to buy Bitcoin, the note said, while Congress – where the Republican party has a small majority – will also be unwilling to increase the U.S. fiscal deficit to purchase crypto. Compass Point also called the BITCOIN Act, proposed by Senator Cynthia Lummis, a “nonstarter.” Broader cryptocurrency prices were mixed on Thursday. World no.2 crypto Ether was up 4.8% to $3,631.56. Solana was up 0.7%, Cardano edged down 0.8% while Polygon was 0.6% higher. Among meme tokens, Dogecoin rose 3%. (Ambar Warrick contributed reporting) More

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    Turkish cenbank sees high food prices hitting November inflation

    ISTANBUL (Reuters) – The Turkish Central Bank said on Thursday that the impact of food prices on consumer inflation will remain prominent in November, while monthly consumer inflation excluding food displays a more favorable track.In minutes of last week’s policy meeting, where it kept its key rate steady at 50%, the bank said signs of an improvement in services inflation have become more apparent while monthly price increases in the services group lost pace in October. More