Author: CryptoCurrencyNews

SINGAPORE, Jan. 25, 2025 /PRNewswire/ — According to the latest announcement from JuCoin, the platform has made important adjustments to the strategy for its first Launchpad project, $JU IEO.

1. JuCoin will distribute the already issued JU tokens to all users participating in the IEO and fully refund all IEO subscription payments.
2. The $JU trading pair will open at 21:00 (UTC+8) with an initial price of 1 JU = 0.1 USDT.

JuCoin stated that the adjustments were made in response to the discovery of a significant amount of off-platform low-price purchases of platform tokens. To ensure a fair market environment and protect the interests of users, JuCoin has implemented the above measures.

As a globally recognized digital asset trading platform, JuCoin remains committed to providing users with a superior trading environment and innovative project participation experiences. This strategic adjustment reflects both the platform’s respect for community voices and its responsibility to its users.

About JuCoin
JuCoin is a leading digital asset trading platform dedicated to offering secure, professional, and efficient digital asset trading services to users worldwide. Through continuous product and ecosystem innovation, JuCoin is steadily becoming a significant player in the blockchain industry.

The platform stated that it will continue to focus on service optimization, technology upgrades, and rigorous project selection to deliver high-quality blockchain projects and services, fostering the healthy development of the industry.

website?https://www.jucoin.com  
Twitter?https://x.com/Jucoinex
Telegram?https://t.me/jucoinex

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SOURCE JuCoin

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NEW YORK, Jan. 24, 2025 /PRNewswire/ — Uniswap, the world’s leading decentralized exchange in the DeFi ecosystem, has announced the Official $UNI AirDrop. This groundbreaking $35M distribution marks a significant milestone in its journey toward decentralized financial empowerment. This exciting initiative coincides with the Uniswap Foundation’s announcement of Uniswap Version 4, with deployments set to begin today, signaling another leap forward in the platform’s evolution. Meanwhile, the crypto world is abuzz with momentum, fueled by former U.S. President Donald Trump’s bold plans to establish the United States as the global capital of blockchain and cryptocurrency.

Uniswap’s $UNI AirDrop: Celebrating Growth and Innovation

The $35M AirDrop comes as Uniswap celebrates an impressive 120.76% year-over-year growth in 2024. This initiative rewards both loyal and new users, underscoring Uniswap’s dedication to fostering community engagement and innovation in decentralized finance.

The AirDrop also coincides with heightened investor interest, with whales beginning to accumulate $UNI tokens following Uniswap Foundation’s recent announcements. This highlights the growing confidence in Uniswap’s ecosystem and its potential for long-term growth.

Interested participants can review eligibility requirements on Uniswap’s official website, ensuring a secure and transparent process for everyone involved.

Uniswap V4: The Next Chapter in Decentralized Finance

Uniswap’s Version 4 is set to roll out today, bringing groundbreaking improvements to the protocol. Designed to enhance efficiency, scalability, and user experience, V4 introduces innovative features that solidify Uniswap’s position as the industry leader in DeFi.

This latest update not only benefits the platform’s users but also sets the stage for increased adoption and integration across the broader blockchain ecosystem.

Trump’s Vision and Uniswap’s Alignment

The AirDrop and V4 deployment comes at a time when Donald Trump’s vision to establish the USA as the global crypto capital is reshaping the industry narrative. With Bitcoin breaking records and institutional interest surging, Uniswap’s initiatives align seamlessly with the renewed focus on decentralization and financial freedom.

Uniswap’s ability to anticipate market trends and deliver unparalleled value to its users has positioned it at the forefront of these transformative changes.

Jupiter’s Simultaneous Airdrop Sparks Broader Market Momentum

Uniswap’s AirDrop announcement comes in the midst of significant developments across the DeFi ecosystem. Jupiter, a Solana-based platform, has recently issued a $630M airdrop of its native JUP tokens, propelling its market cap up by 87% to $3.5 billion. This surge in activity highlights the increasing competition and innovation within the decentralized finance space, with platforms racing to reward their communities and expand their reach.

The dual momentum of Uniswap’s $UNI AirDrop and Jupiter’s recent initiatives underscores a new wave of growth and collaboration in the DeFi sector, further solidifying its role in shaping the future of global finance.

This January 2025 has proven to be a groundbreaking month for the crypto space, marked by historic milestones and unprecedented momentum. Bitcoin’s meteoric rise to its all-time high of $100K has reignited global interest in digital assets, while Ethereum and Solana have seen significant gains, driven by innovative developments and strong investor confidence. Meanwhile, the DeFi sector is thriving, with platforms like Uniswap and Jupiter leading the charge through impactful initiatives, including massive airdrops that have reshaped user engagement. This surge of activity has not only reinforced crypto’s role as a transformative financial ecosystem but has also set the tone for an exhilarating year ahead in blockchain and decentralized finance.

Whale Activity Signals Strong Confidence

In addition to the AirDrop, recent data has shown a surge in whale activity, with large investors beginning to accumulate $UNI tokens. This follows Uniswap Foundation’s latest announcements and highlights the growing market confidence in the platform’s future prospects.

As Uniswap continues to innovate with initiatives like V4 and significant reward campaigns, it further solidifies its role as the leading decentralized exchange and a driving force in the crypto space.

How to Participate in the $UNI AirDrop

To participate in the $35M $UNI AirDrop, users are encouraged to visit Uniswap’s official website to confirm their eligibility and review the claiming process. With this initiative, Uniswap reaffirms its commitment to rewarding its community and promoting decentralization.

For real-time updates and further information, follow Uniswap’s verified social media channels and stay informed about this historic AirDrop and future developments.

About Uniswap

Uniswap is the world’s leading decentralized exchange, empowering millions of users to trade tokens securely and efficiently on the blockchain. Known for its commitment to innovation and transparency, Uniswap continues to set the standard for decentralized finance and global financial systems.

Contact:
Uniswap Foundation
mediapress@uniswap.org
Matthew Elder

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View original content:https://www.prnewswire.co.uk/news-releases/uniswap-kicks-off-35m-uni-airdrop-amid-trumps-bold-crypto-vision-for-the-usa-302359984.html

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• Owners and former executives apply for a court review of the regulator’s decision to take enforcement action against the exchange following its voluntary application for liquidation
• In a separate action, the court-appointed independent liquidator of Bittrex Global is challenging the constitutionality of the lack of an effective appeal framework in relation to the enforcement actions under Bermuda’s Digital Asset Business Act (DABA)

HAMILTON, Bermuda, Jan. 23, 2025 /PRNewswire/ — Bittrex Global owners and former executives confirmed today the filing of two suits against the Bermuda Monetary Authority (BMA) in the Supreme Court of Bermuda. Based on this development Bittrex Global owners and former executives released the following statement today:

“In November 2023, we announced that Bittrex Global would be ceasing operations. We then entered a four-month period of consultation with the BMA and a globally recognised firm to act as liquidators to develop a plan to ensure an orderly wind-down and the safe return of all claimed funds to former customers. Three business days after the Court approved the liquidation plan and the appointment of the proposed independent liquidators, the BMA issued a warning notice to the company that it intended to take enforcement action.

“We have asked the Court to review the decision of the BMA to bring enforcement action in these circumstances. Unfortunately, the Digital Asset Business Act (DABA) does not afford us, as owners and former executives, the right to respond directly. Therefore, we have also had to file a Constitutional claim in order to challenge the decision.

“Bittrex Global became one of the first companies regulated under Bermuda’s flagship crypto regulation in 2020. Since then, we have worked closely with the BMA, providing them with business plans and other materials setting out in detail all our policies and procedures. Where the BMA made suggestions, for example as part of an annual on-site inspection, these were promptly implemented. It was extremely surprising to learn, mere days after choosing to liquidate the company and after months of consultation with the BMA about our plans, that the BMA intended to bring enforcement action in relation to those same policies and procedures it had known about and in many cases approved over the previous three years. It was further shocking to learn that they proposed to deviate significantly from their own official published guidance and issue a civil penalty over four times the maximum amount under that guidance.

“In a separate court filing, Bittrex Global, acting through the court-appointed independent liquidators, is challenging the constitutionality of DABA’s lack of an effective appeal framework in relation to enforcement actions.

“The return of claimed assets to all Bittrex Global users is already in an advanced stage, under the direction of the independent liquidators and the supervision of the Supreme Court of Bermuda. To date, over 94% of claimed funds have already been returned, and it is anticipated that all claimed funds will be returned in accordance with applicable law in the coming weeks. Bittrex Global owners and former executives have continued to assist in this process, and the return of claimed funds remains our overriding priority.”

View original content:https://www.prnewswire.co.uk/news-releases/bittrex-global-owners-and-former-executives-file-suits-against-the-bermuda-monetary-authority-bma-302358804.html

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“The Game is On”

TAIPEI, Jan. 22, 2025 /CNW/ — TiltPlay, a gaming platform offering fast-paced and engaging casual games, is proud to announce its official launch on the Soneium ecosystem. This launch positions TiltPlay as dynamic, skill-focused gaming experience to the Web3 space.

TiltPlay combines accessible gameplay with innovative technology to deliver a seamless experience across platforms, including Telegram mini-apps and web browsers. The platform’s unique approach introduces:

• Exciting Game Variety: A growing library of casual games designed to challenge and entertain.
• Skill-Based Progression: Players are rewarded for their mastery and expertise, ensuring a fair and fun competitive environment.
• Web3 Integration: Built on Soneium, providing a decentralized and secure gaming experience.

“With TiltPlay, we’re redefining mini-games by putting fun and skill at the forefront,” said Jeffrey Huang, Product Director at TiltPlay. “Our collaboration with the Soneium ecosystem allows us to deliver a platform that’s accessible, enjoyable, and innovative for all players.”

TiltPlay is now live, inviting gamers worldwide to dive into its features, test their skills, and connect with a vibrant community.

For more information about TiltPlay, visit TiltPlay.gg.

View original content to download multimedia:https://www.prnewswire.com/news-releases/tiltplay-launches-as-a-gaming-platform-on-the-soneium-ecosystem-302357357.html

SOURCE TiltPlay

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NEW YORK, Jan. 21, 2025 /CNW/ – Galaxy Digital Holdings Ltd. (TSX: GLXY) (“Galaxy”) announced that its affiliate, Galaxy Asset Management, (“GAM”), reported preliminary assets under management of $5.7 billion as of December 31, 2024. The 6.5% decrease in preliminary AUM compared to the prior month was primarily driven by market depreciation and net outflows from GAM’s Passive Funds.

Note – we will be discontinuing the release of our AUM on a monthly cadence. AUM figures will continue to be published quarterly as part of Galaxy’s earnings releases.

Additional information regarding GAM can be found on our website at https://www.galaxy.com/asset-management.

About Galaxy Galaxy (TSX: GLXY) is a digital asset and blockchain leader providing access to the growing digital economy. We serve a diversified client base, including institutions, startups, and qualified individuals. Since 2018, Galaxy is building a holistic financial platform spanning three complementary operating businesses: Global Markets, Asset Management, and Digital Infrastructure Solutions. Our offerings include, amongst others, trading, lending, strategic advisory services, institutional-grade investment solutions, proprietary bitcoin mining and hosting services, network validator services, and the development of enterprise custodial technology. The company is headquartered in New York City, with global offices across North America, Europe, and Asia.

Additional information about Galaxy’s businesses and products is available on www.galaxy.com 

Disclaimers
GAM is an affiliate of Galaxy Digital Holdings Ltd., a company listed on the Toronto Stock Exchange (“TSX”).  The TSX has not approved or disapproved of the information contained herein.

SOURCE Galaxy Digital Holdings Ltd.

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