Miami, Florida, December 16th, 2024, Chainwire Floki is set to make its mark at the 2024 World Tennis League (WTL), one of the most exciting mixed-gender exhibition tennis tournaments in the world. Held at the Etihad Arena in Abu Dhabi from December 19 to December 22, this year’s event combines world-class tennis with live music, set to captivate millions of fans worldwide. The 2024 WTL boasts a roster of top-ranked athletes, including: Aryna Sabalenka, Iga Swiatek, Jasmine Paolini, Casper Ruud, Nick Kyrgios, Simona Halep, Stefanos Tsitsipas, Paula Badosa, Andrey Rublev, Elena Rybakina, Caroline Garcia, Mirra Andreeva, Jordan Thompson, Sumit Nagal, Alexander Shevchenko and Denis Shapovalov. These players have been assigned to 4 different teams — Kites, Eagles, Falcons and Hawks — as part of an all-play-all game format. Floki’s brand will be prominently displayed throughout the tournament. Branding will feature courtside next to the tramlines and across all digital collateral including LED boards, big screens, and backdrops. The partnership aims to position Floki with a global audience that exceeded 46.4 million during last year’s event. The evenings will transform the Etihad Arena into a concert venue, featuring live performances by Bryan Adams, Akon, Anastacia, and Sean Paul. This year’s WTL will be broadcast live on Sony TV and an extensive network of global broadcast partners, ensuring Floki reaches tennis fans worldwide. About the World Tennis League Now in its third edition, the World Tennis League has earned a reputation for its innovative format, blending elite-level tennis with a festival atmosphere. The third edition of the WTL is set to take place from December 19–22, 2024, at the Etihad Arena in Abu Dhabi, UAE, a premier venue that hosts world-class events. The tournament attracts top-tier tennis talent and millions of fans worldwide, making it a marquee event in the international sports calendar. About Floki Floki is the people’s cryptocurrency and utility token of the Floki Ecosystem. Focused on utility, community, philanthropy, and strategic marketing, Floki is working toward becoming the world’s most recognized and used cryptocurrency. With over 490,000 holders globally, Floki has already established a strong brand presence. Users can learn more at floki.com . YouTube | Telegram | Instagram | TikTok | Discord | Facebook | Reddit | Twitch | Valhalla Contact Community Relations Officer Pedro Vidal FLOKI Marketing@floki.com
Monad, a blockchain project compatible with Ethereum’s virtual machine, has launched the Monad Foundation. This foundation will be an independent organization dedicated to supporting the growth and decentralization of the Monad Protocol. The Monad Foundation will oversee key activities to expand the protocol’s ecosystem. Its focus includes facilitating validator-led governance, supporting community-led improvement proposals, and providing resources such as developer documentation. Additionally, the Foundation will engage in ecosystem development, marketing, and advisory services to encourage the adoption of the Monad blockchain. There have been many rumors, but the forming of the foundation is leading to more speculation that a token launch is coming. Introducing the Monad Foundation. We are excited to announce the creation of the Monad Foundation, an important step towards further decentralization of the Monad Protocol and Ecosystem. The Foundation exists to contribute to the growth and adoption of the Monad Protocol, a… — Monad ⨀ (@monad_xyz) December 16, 2024 Validators are entities or individuals that secure blockchain networks by validating and recording transactions. Governance on decentralized blockchains often relies on validators, who make decisions about network upgrades or rule changes. The Monad Foundation’s involvement aims to make these processes transparent and community-driven. The Foundation’s leadership includes Keone Hon and Eunice Giarta. Several team members from Monad Labs, particularly those working in business development, ecosystem growth, community engagement, marketing, and developer relations, will transition to the Monad Foundation. You might also like: UK FCA FUDs Retardio meme coin Monad Labs will become Category Labs As the Foundation takes on governance and ecosystem-related responsibilities, Monad Labs will continue to focus on software development and research for the Monad blockchain. Moving forward, Monad Labs will operate under the new name Category Labs, with James Hunsaker stepping in as CEO, according to the company announcement. By splitting responsibilities between the Foundation and Category Labs, Monad aims to create a structure that balances independent community involvement with technical development. The changes reflect a common trend in blockchain projects, where independent foundations manage governance and outreach, while separate entities handle core technological advancements. Monad’s EVM compatibility allows developers to create applications on its blockchain using tools familiar from Ethereum ( ETH ). This feature is expected to make the network accessible to a broad developer audience. With the Foundation in place, Monad hopes to accelerate adoption and innovation in its ecosystem. You might also like: Ripple’s RLUSD scheduled for Dec. 17 launch
Monad, a blockchain project compatible with Ethereum’s virtual machine, has launched the Monad Foundation. This foundation will be an independent organization dedicated to supporting the growth and decentralization of the Monad Protocol. The Monad Foundation will oversee key activities to…
Bitcoin has reached a new milestone, soaring to a near-$108,000 price point, while Ethereum’s resurgence reflects strong market sentiment. Over the past week, both cryptocurrencies have demonstrated robust upward momentum,
Bitcoin spiked to yet another new record on Monday, nearing the $108,000 mark, while Ethereum rose to a price not seen since 2021.
Miami, Florida, December 16th, 2024, Chainwire Floki is set to make its mark at the 2024 World Tennis League (WTL), one of the most exciting mixed-gender exhibition tennis tournaments in the world. Held at the Etihad Arena in Abu Dhabi from December 19 to December 22, this year’s event combines world-class tennis with live music, set to captivate millions of fans worldwide. The 2024 WTL boasts a roster of top-ranked athletes, including: Aryna Sabalenka, Iga Swiatek, Jasmine Paolini, Casper Ruud, Nick Kyrgios, Simona Halep, Stefanos Tsitsipas, Paula Badosa, Andrey Rublev, Elena Rybakina, Caroline Garcia, Mirra Andreeva, Jordan Thompson, Sumit Nagal, Alexander Shevchenko and Denis Shapovalov. These players have been assigned to 4 different teams — Kites, Eagles, Falcons and Hawks — as part of an all-play-all game format. Floki’s brand will be prominently displayed throughout the tournament. Branding will feature courtside next to the tramlines and across all digital collateral including LED boards, big screens, and backdrops. The partnership aims to position Floki with a global audience that exceeded 46.4 million during last year’s event. The evenings will transform the Etihad Arena into a concert venue, featuring live performances by Bryan Adams, Akon, Anastacia, and Sean Paul. This year’s WTL will be broadcast live on Sony TV and an extensive network of global broadcast partners, ensuring Floki reaches tennis fans worldwide. About the World Tennis League Now in its third edition, the World Tennis League has earned a reputation for its innovative format, blending elite-level tennis with a festival atmosphere. The third edition of the WTL is set to take place from December 19–22, 2024, at the Etihad Arena in Abu Dhabi, UAE, a premier venue that hosts world-class events. The tournament attracts top-tier tennis talent and millions of fans worldwide, making it a marquee event in the international sports calendar. About Floki Floki is the people’s cryptocurrency and utility token of the Floki Ecosystem. Focused on utility, community, philanthropy, and strategic marketing, Floki is working toward becoming the world’s most recognized and used cryptocurrency. With over 490,000 holders globally, Floki has already established a strong brand presence. Users can learn more at floki.com . YouTube | Telegram | Instagram | TikTok | Discord | Facebook | Reddit | Twitch | Valhalla ContactCommunity Relations OfficerPedro VidalFLOKIMarketing@floki.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Optimism regarding a potential strategic reserve fund proposed by President-elect Donald Trump has propelled Bitcoin to surpass $106,000 for the first time. Since Trump won the election on November 5, 2024, the cryptocurrency had an amazing rise of over 50%, hitting a high of $105,150 on December 16, 2024. This upward trend has caught the attention of investors and experts, who are now guessing where Bitcoin’s price will go next. Bitcoin’s Ascent Fueled By Strategic Reserve Expectations Reports claim that Trump plans to create a national reserve for Bitcoin , akin to the strategic energy reserve of the United States, which would help to explain the current price rise. “We aspire to be the leader” in this developing market, Trump said in a recent interview reaffirming his commitment to make the US a leader in the cryptocurrency sector. According to analysts, this announcement has had a substantial impact on market sentiment, propelling Bitcoin into what some are referring to as “blue sky territory.” If the present momentum persists, Tony Sycamore of IG has suggested that Bitcoin’s subsequent objective could be $110,000. Investor Sentiment And Market Dynamics The climb of Bitcoin reflects more general market factors than only political promises. Institutional investor interest in and trading volume for cryptocurrencies have surged noticeably. As Bitcoin has now accounted for a substantial portion of the crypto market, its performance can also affect other digital assets. In contrast to the previous administration’s more cautious posture, the excitement surrounding Trump’s administration is perceived as a positive development for cryptocurrencies. Additionally, the absence of anticipated pullbacks in Bitcoin’s recent price action has taken many market participants by surprise. Bitcoin has maintained its upward trajectory, indicating that there is a robust fundamental demand, after reaching new highs. Bitcoin’s Future: What’s Next? The continued growth of Bitcoin raises concerns about its sustainability. Some warn that the Bitcoin market is volatile, yet many are optimistic. The following months will be crucial as Trump’s administration is constituted and the strategic reserve is revealed. Bitcoin’s rise above $106,000 is crucial for the cryptocurrency and for Americans’ views of digital assets. Investors are interested in how Trump’s support for cryptocurrencies and government actions may affect Bitcoin’s trajectory in 2025 and beyond. Featured image from DALL-E, chart from TradingView
Montreux, Switzerland – December 16, 2024 – SMARDEX.io , a growing actor in the decentralized finance sector and biggest swiss DeFi project, has announced it is in advanced talks with various leading financial entities in Europe to facilitate their onboarding into the SMARDEX ecosystem. The focus of these discussions is on integrating these institutions with SDEX, SMARDEX’s utility token, which captures revenue for its holders with every update of the SMARDEX ecosystem. SDEX is a pivotal utility token within SMARDEX , designed to reward holders through a unique revenue-sharing model. This token benefits from the ecosystem’s growth, as every enhancement or update within SMARDEX generates revenue that is distributed among SDEX holders, providing an additional incentive for institutions to engage with the ecosystem. In January, SMARDEX.io plans to introduce USDN, its decentralized synthetic dollar. USDN aims to offer a stable, decentralized financial instrument that operates entirely on-chain, providing a transparent and secure alternative to traditional stablecoins for these financial entities. This move is expected to enhance the adoption of DeFi tools by offering a stable value with a revolutionary rebasing mechanism distributing yield directly in holders’ wallets. “This strategic partnerships are about more than just onboarding; it’s about redefining how traditional finance interacts with DeFi,” stated a SMARDEX spokesperson. “By integrating with SDEX and later with USDN, we’re setting the stage for a new financial paradigm where traditional institutions can leverage the benefits of decentralization.” These collaborations aim to not only increase the utility and demand for SDEX but also to introduce USDN as a practical tool for financial stability, opening up new avenues for asset management and investment in the DeFi space. For more information about SMARDEX, SDEX, and the upcoming USDN, please visit SMARDEX.io. About SMARDEX SMARDEX is pioneering the integration of traditional finance into DeFi with its innovative ecosystem. SDEX, its utility token, plays a central role by capturing and redistributing revenue, while the upcoming USDN will further solidify SMARDEX’s commitment to providing stable and decentralized financial solutions. Contact Us Name: Gaspard Alizan Email: pr@francofun.fr Website: https://smardex.io/
December 16, 2024 – Seychelles, Seychelles On November 27, 2024, BYDFi announced its official membership in South Korea’s CODE VASP Alliance. The partnership includes successful integration with the ‘Travel Rule’ compliance solution, ensuring adherence to South Korea’s regulatory standards for crypto transactions. CODE formally welcomed BYDFi’s participation at the same time as a post . This important moment reflects BYDFi’s great attention to compliance and determined action and marks the crypto industry’s gradual progress toward a more transparent, secure and trustworthy future. CODE VASP – A core force for compliance in Korea The CODE VASP – founded by Korea’s top three crypto exchanges, Bithumb, Coinone and Korbit – is Korea’s only industry platform focused on ‘Travel Rules’ compliance. The Alliance aims to provide technical support to VASPs (virtual asset service providers) to fully comply with the Global Travel Rules requirements set by the FATF (Financial Action Task Force) – thereby meeting stringent AML (anti-money laundering) and CFT (counter-terrorist financing) standards. Integrating the compliance services of VerifyVASP , BYDFi moved in step with strict regulations set by South Korea under the Act on Reporting and Using Specific Financial Transaction Information. The move will improve safety and transparency for cross-platform asset transfers and establish BYDFi as a secure and compliant platform. BYDFi official insights – Why joining the CODE Alliance matters Emphasizing the importance of this partnership, Michael Hung, co-founder of BYDF, said, “After a year of dedicated effort, we are thrilled to announce our successful integration with CODE VASP’s compliance solution. “This milestone ensures that BYDFi fully complies with South Korea’s latest AML regulations, marking significant progress in our global compliance strategy. “This collaboration not only strengthens our platform but also enhances user security, underscoring our commitment to delivering a world-class crypto trading experience.” This is an important milestone for BYDFi in its proactive approach toward compliance and innovation. The exchange is going to provide a secure and transparent home for trading with a view to cater to the demands of the South Korean market. About BYDFi Forbes-recognized among the top 10 global crypto exchanges , BYDFi offers access to over 600 tokens and supports leverage trading up to 1:200x. The integration with popular payment providers like Banxa, Transak and Mercuryo facilitates buying cryptocurrencies, making it seamless and cost-effective for users of all backgrounds to purchase cryptocurrencies. The BYDFi copy trading function – soon to be launched – enables users to follow and reproduce the strategy of a top trader with just one click in order to optimize investments for maximum results. Continuing to develop innovative functions and always upholding the user-oriented philosophy, BYDFi is reaching the front line among the global leaders of safe, reliable and intelligent crypto trading solutions. BYDFi contacts For inquiries and support, users can reach BYDFi via the following. Website | support email | business partnerships | media inquiries To stay connected with BYDFi through social media platforms, visit the links below. X | LinkedIn | Facebook | Telegram | YouTube Contact Chloe Chang , senior media director at BYDFi Fintech LTD This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on Twitter Facebook Telegram Check out the Latest Industry Announcements The post BYDFi Joins CODE VASP, Advancing Regulatory Efforts in Korea appeared first on The Daily Hodl .
Bitcoin has reached a new all-time high of over $107,700, signaling strong market momentum and heightened interest from institutional investors. The price surge comes on the heels of increased buying