Updated: Ripple’s official X account has just shared that RLUSD is live on global exchanges.This article was originally published on U.Today More
MINGO, a digital wallet built on the Hedera Hashgraph network, introduces an NFT-based Programmable Digital Ticketing (PDT) system to innovate the ticketing industry. By addressing critical issues such as fraud, scalping, and resale inefficiencies, MINGO delivers a secure and transparent solution trusted by leading names in sports and entertainment.MINGO’s native token $MINGO is set to go live on Coinstore on Wednesday, December 18th, and more exchanges including BitMart by the end of the year, marking another milestone in MINGO’s mission to drive Web3 adoption.Trusted by Industry LeadersKey Features of MINGO TicketsFor Event Organizers: Powered by the Hedera Hashgraph network, MINGO’s ticketing system benefits from Hedera’s low fees, high-speed transactions, and energy efficiency. As an early adopter, MINGO has been working with Hedera since 2018 demonstrating its long-term commitment to the network and the Web3 space.Driving Innovation in TicketingMINGO’s NFT Ticketing System combines practical, real-world applications with blockchain technology, offering benefits that traditional systems cannot match. By eliminating fraud, protecting fans, and creating new value opportunities, MINGO is setting the standard for event ticketing.MINGO is a digital wallet and NFT ticketing solution built on the Hedera Hashgraph network. Operating since 2018, MINGO offers secure, programmable digital tickets that eliminate fraud, protect fans, and generate value for event organizers. Trusted by leading organizations such as the WBC, Fight Circus, and Comic-Con Ireland, MINGO is redefining ticketing for the digital age.Website – mingo.comX – https://x.com/mingoapps?s=21Telegram- https://t.me/+vcB2K-OQF6sxOTBkWhitepaper – https://mingo-1.gitbook.io/mingoContactMarketing ManagerCillian ArthurMINGOcillian@mingoapps.comThis article was originally published on Chainwire More
According to Whale Alert, “999 BTC worth $106,048,784 was transferred from unknown wallet to unknown new wallet.” This transaction is part of a recent rise in large Bitcoin transfers seen in the last 24 hours as Bitcoin sets new all-time highs.Whale Alert reports several Bitcoin transactions in the last 24 hours, the most recent as of writing time being two 1000 BTC transactions each, worth nearly $107 million, between unknown wallets and then the Kraken crypto exchange.A recent analysis by SpotOnchain appears to shed light on the flurry of BTC transactions seen within the last 24 hours as the Bitcoin rally hit all-time highs.According to SpotOnchain, two institutions moved a total of 23,664 BTC worth $2.51 billion after Bitcoin reached a new ATH of around $108,000. This was, however, done in tranches.SpotOnchain outlines these transfers: Mt. Gox transferred 1,620 BTC worth $172.5 million in recent hours. This includes 1,320 BTC to an internal wallet and 300 BTC to B2C2 Group. Since Nov. 1, Mt. Gox has moved 7,500 BTC worth nearly $650 million to B2C2, likely for creditor payouts. Mt. Gox currently holds 37,404 BTC worth $4.02 billion.Bitcoin mining company Marathon Digital (NASDAQ:MARA) also moved 22,044 BTC worth $2.34 billion in recent hours. These funds were spread across 40 new, unidentified wallets and remain there. Marathon’s current holdings, according to SpotOnchain, are now 14,364 BTC worth $1.54 billion.According to CoinMarketCap, the price of the largest cryptocurrency by market capitalization increased by 2.59% to $106,564 at the time of writing. During Monday’s trading session, it reached a new high of $107,857.Investors expect the Fed to decrease interest rates this week during its two-day policy meeting, which ends Wednesday.This article was originally published on U.Today More
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Thus, Robert Kiyosaki, the famous financial motivator and author of the bestseller “Rich Dad Poor Dad,” touched upon the topic of BTC’s performance in his new post. In his post, Kiyosaki argues that as the price of Bitcoin rises, it becomes clear that the rich are getting even richer, as probably less than one in eight million people could write a check for $106,000 on the spot.Does this mean that only the rich who can afford the full Bitcoin in cash will get richer, the author asks. And when the price of Bitcoin goes higher? No, of course not, argues Kiyosaki. That, in his opinion, is the genius of Bitcoin. Even though all a person can afford is half a satoshi, the smallest division of BTC, the cryptocurrency’s design is democratic and allows even people who cannot write a check for the full $106,000 dollars to have an equal opportunity to get richer and richer as those who can write a check for $106,000.“The lesson … Bitcoin is democratic… pure design genius…” Kiyosaki reflects, however, he immediately warns not to delay and start getting richer today, namely at least start buying satoshis, which themselves, according to the author, can one day reach a price of $106,000.While many may take this advice as they wish and either follow Kiyosaki or reject him, it is difficult to argue with the fact that Bitcoin’s design is brilliant, with the ability to buy even one ten-thousandth of a piece.This article was originally published on U.Today More
Promeet, a platform designed to empower creators to monetize content, has successfully raised $3.1M in pre-seed funding. The investment will be used to accelerate product development and solidify Promeet’s position as a leading platform for content monetization. By combining videos, photos, meetings, and live streamings—with a blockchain-based transactional layer into a single platform, Promeet offers creators the ability to easily get paid and interact with their audience, all in one place.Already live and operational, Promeet has onboarded thousands of creators, offering them a seamless, frictionless way to start monetizing their content immediately. By facilitating transactions via USDC on the Polygon network, Promeet ensures that creators are paid quickly, securely, and with lower fees compared to traditional platforms.The investment was raised through a SAFE (Simple Agreement for Future Equity), positioning Promeet for rapid growth and enhancing its ability to help creators earn effortlessly.How Promeet Empowers CreatorsMonetizing content is often challenging for creators due to platform fees, payment delays, monetization restrictions, and the need for diverse income streams. Promeet works to solve these problems head-on by offering:With the new funding, Promeet plans to expand its team, enhance platform features, and scale its user base. The company remains committed to enhancing user experience, increasing brand visibility, and providing creators with the tools they need to succeed in the digital economy. As the platform grows, it is anticipated that more creators will participate, fostering the adoption of Web3-based monetization across industries.About PromeetPromeet is a platform that helps creators monetize their videos, images, live streams, and meetings. By combining the capabilities of YouTube, Zoom (NASDAQ:ZM), and Twitch into a single, easy-to-use platform, Promeet enables creators to earn revenue seamlessly with no barriers. Powered by Web3 technology, Promeet ensures fast and secure payments, allowing creators to get paid immediately for their work via USDC.For more information, users can visit www.promeet.live.ContactMedia relationsCatherine FlexerPromeet Technology Limitedpr@promeet.liveThis article was originally published on Chainwire More
Atom Accelerator (AADAO), a governance-mandated DAO of the Cosmos Hub, has announced $250,000 funding support to Confio for the continued development and maintenance of CosmWasm throughout 2025. This funding is being matched by Neutron, the integrated application network in Cosmos, with a further $250,000. CosmWasm, developed by Confio since 2020, powers smart contract functionality for nearly 100 chains, enabling developers to create decentralized applications (dApps) that operate seamlessly across the interchain. In the past 12 months, contracts built with CosmWasm in the Cosmos ecosystem generated over $5.7 million in fees. Despite its widespread adoption, the Interchain Foundation has thus far been the primary funder for the development and maintenance of Cosmwasm. Following organizational restructuring at the Interchain Foundation (ICF), Confio’s funding for the year 2025 has been drastically reduced. The Cosmos Hub relies on CosmWasm for permissioned smart contract capabilities, making its continued maintenance essential to the Hub’s operations and future upgrades. Many consumer chains utilizing the Hub’s Interchain Security have built their infrastructure on CosmWasm, making the framework vital to sustaining and expanding the ecosystem. By committing to early funding, the Cosmos Hub secures priority consideration for its technical needs and those of its consumer chains in Confio’s development roadmap.By taking the first step in committing funding, AADAO and Neutron hope that their initiative will encourage additional contributions from other ecosystem stakeholders, ensuring the financial stability of CosmWasm and the broader interchain ecosystem.About Atom Accelerator DAO (AADAO) Atom Accelerator DAO (AADAO) is a governance-mandated DAO of the Cosmos Hub. They have been formed and mandated to drive value for the Cosmos Hub & ATOM, supporting initiatives that either directly create economic impact or produce value that can drive its growth. From this, their current primary mandates are public grants & venture grants.Atom Accelerator’s venture arm strategically invests in promising early-stage web3 founders and startups both within and outside of the Cosmos Hub’s ecosystem. As experts within the Cosmos ecosystem, Atom Accelerator offers expertise, guidance, and support while driving value toward ATOM.WebsiteContactMarketing & Comms LeadMr. TAtom Accelerator DAOpress@atomaccelerator.comThis article was originally published on Chainwire More
LONDON (Reuters) -Investors have poured a record $600 billion into global bond funds this year, taking advantage of some of the highest yields in decades ahead of an uncertain 2025.Dwindling inflation has finally allowed central banks to lower interest rates, pushing investors to lock in the relatively high yields available and finally delivering the “year of the bond” after $250 billion left fixed-income funds in 2022. “The story is income,” said Vasiliki Pachatouridi, head of EMEA iShares fixed income strategy at BlackRock (NYSE:BLK). “We are seeing the income being put back into fixed income. We haven’t seen these levels of yields in almost 20 years.”Bond yields tend to fall, and prices rise, as central banks reduce short-term borrowing costs.Although returns on the ICE BofA global bond index have been middling at around 2% this year, the yield on offer topped 4.5% late last year, the most since 2008.As of mid-December, $617 billion had flowed into developed and emerging market bond funds, according to financial data provider EPFR, topping 2021’s $500 billion and putting 2024 on track to be a record year.Stocks, meanwhile, have drawn $670 billion of inflows as indexes in the U.S. and Europe scale new heights. Cash equivalent money market funds, which boast high yields and little risk, have fared the best, pulling in more than $1 trillion.CREDIT CRAZECorporate bonds, which offer higher yields than equivalent government debt, have proven particularly popular, rallying as companies weathered the rise in central bank interest rates.The yield on the ICE BofA global corporate bond index has fallen to its lowest over risk-free government debt since before the financial crisis in 2007.”Before interest rates started to drift up a few years ago, a lot of companies locked in their funding for a long time,” said Willem Sels, global chief investment officer at HSBC’s private bank.”Therefore, the impact of rising borrowing costs on corporates was much less than people expected. At the same time, a lot of companies earned more on their cash holdings.”PASSIVE AGGRESSIVEInvestors have shown a clear preference for passive exchange-traded funds (ETFs), which were on track for a record year with $350 billion of inflows by the end of November, according to Morningstar Direct data.”ETFs give investors access to a number of assets that previously were harder to trade, including bonds,” said Martin Oehmke, professor of finance at the London School of Economics.”Corporate bonds, for example, are notoriously illiquid and ETFs offer easy access to this market in a much more liquid form.”The two biggest passive fund players – BlackRock and Vanguard – have reaped the benefits.BlackRock’s iShares fixed income ETF business alone attracted $111 billion of inflows between January and the end of October, according to estimates from Morningstar Direct. Vanguard’s bond funds took in an estimated $120 billion, the vast majority of which went to its index business which includes ETFs.PIMCO, traditionally known for its active management, has also had a strong year. It has drawn around $46 billion into its bond funds, according to Morningstar, after shedding some $80 billion in 2022.FLOWS COULD SLOWA number of factors could cause inflows to slow in 2025. President-elect Donald Trump’s tax-cutting and deregulatory agenda has caused U.S. stocks to jump and inflows into equities to surge, limiting the appeal of bonds.Data from EPFR and TD Securities shows $117 billion flowed into U.S. stock funds in the four weeks after Trump’s Nov. 5 victory, more than four times the $27 billion into global bonds.Meanwhile, investors are sceptical that corporate bonds can rally much further after this year’s strong performance.”It seems very hard to continue to expect spreads to tighten much more, and I don’t believe that bond yields will be much lower from where we are today,” said Carl Hammer, global head of asset allocation at Swedish bank SEB. More
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