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Donald Trump’s Latest NFT Collection: A Digital Power Play Amid the American Election

As the 2024 U.S. presidential election heats up, Donald Trump has launched his latest NFT collection, the "America First Edition," comprising 360,000 digital trading cards. The collection, priced at $99 per card, has already generated over $2 million in sales. However, this release comes at a

Demex Daily #228: Stacks Speeds Up Bitcoin with Nakamoto Upgrade and Prepares for sBTC

What’s Interesting Today: The Bitcoin layer-2 network, Stacks, is rolling out its Nakamoto upgrade, which will increase transaction speed by 120 times, reducing confirmation times from 10 minutes to mere seconds. This upgrade decouples Stacks' block production from Bitcoin and fully implements Nakamoto consensus rules by the end

Tron to the Sun: Profit with TRX and SUN Perps Amid SunPump’s Meteoric Rise

Justin Sun’s Influence and the Success of SunPump Justin Sun is a name that has become synonymous with innovation and controversy in the crypto world. As the founder of TRON, Sun has consistently pushed the boundaries of what's possible in blockchain technology. His ventures, including the high-profile

Demex Daily #227: Aave Labs Plans to Stabilize GHO Stablecoin with BlackRock's BUIDL Shares

What’s Interesting Today: Aave Labs has proposed a new stability mechanism for its GHO stablecoin by using BlackRock’s tokenized fund, BUIDL, to maintain its dollar peg. The update suggests exchanging users' USDC for BUIDL shares that are held in a smart contract until redeemed. BUIDL, which pays

Demex Daily #226: Nillion Network Enhances Arbitrum's dApp Privacy and Scalability

What’s Interesting Today: Nillion Network, a privacy-focused "blind computing" protocol, has integrated with Arbitrum, aiming to enhance privacy and scalability for over 600 dApps on Arbitrum's network. As the largest Ethereum Layer 2 network with over $15 billion in total value locked, Arbitrum stands to

Demex Daily #225: Grayscale Debuts Avalanche Trust for Crypto Investors

What’s Interesting Today: Grayscale Investments has expanded its cryptocurrency offerings by launching a new trust for Avalanche (AVAX), which allows accredited investors to gain exposure to this digital asset. This new trust joins Grayscale's array of investment products, including their successful spot Bitcoin and Ethereum exchange-traded funds

McDonald’s Grimace Scam: $700K Memecoin Rug Pull

In a surprising turn of events, the official Instagram account of McDonald’s was hijacked on August 21, 2024, to promote a memecoin named after the fast-food chain’s beloved mascot, Grimace. The incident sparked a brief frenzy in the crypto market, only to leave investors burned by a swift

Demex Daily #224: Aave Enhances DeFi Flexibility with METIS Collateral on Metis L2

What’s Interesting Today: Aave is integrating METIS as collateral on the Metis Layer 2 network, enhancing the utility of METIS tokens and increasing capital efficiency for users. This allows users to borrow up to 30% of their METIS collateral's value on Aave. The integration promises faster, more

Demex Daily #223: Status Partners with Linea to Scale Ethereum via zkEVM L2 Rollup

What’s Interesting Today: Linea, an Ethereum layer-2 (L2) solution, has welcomed Status as its first contributor to its open-source zkEVM-powered L2 rollup project. This partnership is part of a broader initiative to decentralize and enhance the Ethereum ecosystem. Status will integrate and develop the Linea codebase in parallel, strengthening

Stay Connected with Demex's Inbox

In the action-packed world of trading, staying connected and informed is crucial. That’s why Demex is proud to offer a cutting-edge Inbox System, one of the few onchain, real-time notification systems available on a decentralized exchange (DEX). With our Inbox System, you can stay on top of every market