Crypto exchange OKX announced Friday that it will be among the first platforms to list Telegram mini-app game Hamster Kombat’s $HMSTR token on its spot market. OKX has set a date for listing the token on Sept. 26, the same day as Hamster Kombat’s planned airdrop event. The exchange said it offers an early opportunity for those interested in HMSTR through USDT-margined Pre-Market Futures. Eligible users can trade futures contracts with up to 2x leverage for tokens like HMSTR, even before they are officially launched or listed through Token Generation Events or Initial Coin Offerings.
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July 2024 painted a complex picture for Ethereum with price crashes, strong Layer 2 activity, and more.While its DeFi ecosystem flourished with innovation, the broader market grappled with headwinds.This report delves into the key events that shaped Ethereum’s trajectory in July and explores the road ahead. Founded in 2013 by Vitalik Buterin, Ethereum serves as a distributed blockchain computing platform designed for the execution of smart contracts and decentralized applications (DApps). The network enables users to create and innovate extensively with smart contracts, catalyzing the emergence of various assets and industries such as decentralized finance (DeFi),non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs), Web3 and beyond. At its core, Ethereum features an execution engine tailored for smart contract processing, known as the Ethereum Virtual Machine (EVM). In addition, Ethereum employs a proof-of-stake(PoS) consensus mechanism, which enhances its scalability and sustainability
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On July 19, a major outage in key communications and financial systems occurred around the world. Technical problems affected banks, airlines, mobile operators, and even medical centers. The cause of the global outages was an error in the system of the cybersecurity company CrowdStrike. At the time of writing, no crypto company reported failures, including centralized exchanges such as Binance, Coinbase, and Bybit. Many crypto services and blockchain networks do not have the risk of being disconnected by any single service provider. This is possible because they do not have a single center for monitoring and processing information. For example, if one network node or server is disconnected, it is possible to use alternative options for interacting with the project.
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