2 days ago
Backpack Exchange is taking steps to establish itself as a fully regulated and compliant trading platform in a bid to solidify user trust and bring greater regulatory clarity and audit integrity to the exchange.
BackPack announced the appointment of Citibank Executive Laurence King as the company’s Head of Audit.
King brings almost 30 years of experience leading audit and risk functions at heavyweight global financial institutions. Joining the Backpack team, King will spearhead the exchange’s mission to implement industry-leading internal audit practices, ensuring that the Backpack remains compliant with stringent regulatory requirements across different jurisdictions.
With such a prestigious name in, they're on the right track.
Also, Blinks by dialect are now live in Backpack 🎒
The easiest way to interact with Solana apps directly from social platforms and messaging apps.
BackPack announced the appointment of Citibank Executive Laurence King as the company’s Head of Audit.
King brings almost 30 years of experience leading audit and risk functions at heavyweight global financial institutions. Joining the Backpack team, King will spearhead the exchange’s mission to implement industry-leading internal audit practices, ensuring that the Backpack remains compliant with stringent regulatory requirements across different jurisdictions.
With such a prestigious name in, they're on the right track.
Also, Blinks by dialect are now live in Backpack 🎒
The easiest way to interact with Solana apps directly from social platforms and messaging apps.
3 days ago
The No. 1 fitness struggle for 98% of people:
"I can't lose my belly fat."
So, I wrote a step-by-step guide that will help you lose belly fat and build muscles in 12 weeks.
Like + Comment "Guide" and I'll DM it to you.
(Must Be Following Me)
"I can't lose my belly fat."
So, I wrote a step-by-step guide that will help you lose belly fat and build muscles in 12 weeks.
Like + Comment "Guide" and I'll DM it to you.
(Must Be Following Me)
7 days ago
Crypto in 2024: Mid-Year Reflections
4 takeaways 👇
Crypto moves fast – like blink-and-you-missed-it fast.
The first half of this year has been no different, with new chains and applications emerging daily and the crypto industry gaining mainstream acceptance in the financial world.
Amid the Twitter echo chambers and the frenzy of bull market price action, it's easy to lose sight of the bigger picture. So, let's zoom out and focus on the signal amid the noise.
TL;DR Crypto is just getting started; don't get shaken out.
Today, we’ll take a step back to reflect on the key developments of H1 2024, exploring the significant events and trends that highlight the progress we've made this year. 👇
1️⃣ Crypto is now mainstream
Remember the days when crypto was a niche plaything for cypherpunks? Those days are well over.
In the first half of 2024, crypto broke through to the mainstream with a vengeance.
The turning point was the long-awaited approval of spot Bitcoin ETFs in January. Suddenly, Wall Street had a comfortable on-ramp to crypto, and they took it in a big way. Eleven ETFs launched in one day, and volumes broke records.
And it didn’t stop at Bitcoin. The SEC finally greenlit eight spot ETH ETFs in May, further validating the entire crypto ecosystem, and opening the door for even broader institutional adoption.
2️⃣ Crypto Adoption Accelerating
Crypto adoption is accelerating at a remarkable pace. The number of active users across blockchains is up big time, hitting an all-time high of 42.92 million active addresses in April.
Another factor is the resurgence of DeFi. DeFi activity and mindshare are on the rise again, signaling a renewed interest and activity onchain, one that's moving beyond simple speculation to perhaps some real-world utility, like in the form of stablecoins for payments and asset tokenization for RWAs such as government securities.
The momentum is clear: more people are coming onchain, and they're finding more reasons to stay.
3️⃣ Ethereum Still Dominant, But Solana Rising
Ethereum remains the dominant force in crypto. Over 60% of the total value locked in DeFi sits on Ethereum, a testament to the lindy ecosystem, which acts as a foundation for countless applications and chains.
This dominance is not just a matter of capital but also technological progress on the roadmap. Ethereum is scaling through L2s like Base who have seen robust adoption this year, and thanks to the most recent Dencun upgrade, offer users significantly lowered gas fees.
Moreover, Solana’s innovation engine is running hot. Tech advancements like zk-compression and user-friendly features like Blinks are setting the stage for broader adoption, and we can see that Solana’s network effects are taking root in real time.
Make no mistake: Ethereum isn't going anywhere. Its established network effects and vast developer community ensure its continued importance in crypto. But Solana's impressive strides can't be ignored. Both ecosystems are thriving, each in its unique way. This parallel adoption is a win for crypto users, as it accelerates innovations and drives the entire industry forward.
4️⃣ More Chop Ahead, Then Up-Only
Bitcoin broke its all-time high in March, briefly breaching the $70 ,000 mark. While that party seemed to end pretty abruptly, let's not get carried away. This bull market is far from over.
The long-awaited ETH ETFs are nearly here, interest rate cuts are likely on the way, and crypto will likely continue to earn a place on the national stage during the U.S. elections with potential positive policy shifts in play.
💭 Closing Thoughts
So, has the first half of 2024 been all smooth sailing for crypto? Not quite.
The bull market must go
4 takeaways 👇
Crypto moves fast – like blink-and-you-missed-it fast.
The first half of this year has been no different, with new chains and applications emerging daily and the crypto industry gaining mainstream acceptance in the financial world.
Amid the Twitter echo chambers and the frenzy of bull market price action, it's easy to lose sight of the bigger picture. So, let's zoom out and focus on the signal amid the noise.
TL;DR Crypto is just getting started; don't get shaken out.
Today, we’ll take a step back to reflect on the key developments of H1 2024, exploring the significant events and trends that highlight the progress we've made this year. 👇
1️⃣ Crypto is now mainstream
Remember the days when crypto was a niche plaything for cypherpunks? Those days are well over.
In the first half of 2024, crypto broke through to the mainstream with a vengeance.
The turning point was the long-awaited approval of spot Bitcoin ETFs in January. Suddenly, Wall Street had a comfortable on-ramp to crypto, and they took it in a big way. Eleven ETFs launched in one day, and volumes broke records.
And it didn’t stop at Bitcoin. The SEC finally greenlit eight spot ETH ETFs in May, further validating the entire crypto ecosystem, and opening the door for even broader institutional adoption.
2️⃣ Crypto Adoption Accelerating
Crypto adoption is accelerating at a remarkable pace. The number of active users across blockchains is up big time, hitting an all-time high of 42.92 million active addresses in April.
Another factor is the resurgence of DeFi. DeFi activity and mindshare are on the rise again, signaling a renewed interest and activity onchain, one that's moving beyond simple speculation to perhaps some real-world utility, like in the form of stablecoins for payments and asset tokenization for RWAs such as government securities.
The momentum is clear: more people are coming onchain, and they're finding more reasons to stay.
3️⃣ Ethereum Still Dominant, But Solana Rising
Ethereum remains the dominant force in crypto. Over 60% of the total value locked in DeFi sits on Ethereum, a testament to the lindy ecosystem, which acts as a foundation for countless applications and chains.
This dominance is not just a matter of capital but also technological progress on the roadmap. Ethereum is scaling through L2s like Base who have seen robust adoption this year, and thanks to the most recent Dencun upgrade, offer users significantly lowered gas fees.
Moreover, Solana’s innovation engine is running hot. Tech advancements like zk-compression and user-friendly features like Blinks are setting the stage for broader adoption, and we can see that Solana’s network effects are taking root in real time.
Make no mistake: Ethereum isn't going anywhere. Its established network effects and vast developer community ensure its continued importance in crypto. But Solana's impressive strides can't be ignored. Both ecosystems are thriving, each in its unique way. This parallel adoption is a win for crypto users, as it accelerates innovations and drives the entire industry forward.
4️⃣ More Chop Ahead, Then Up-Only
Bitcoin broke its all-time high in March, briefly breaching the $70 ,000 mark. While that party seemed to end pretty abruptly, let's not get carried away. This bull market is far from over.
The long-awaited ETH ETFs are nearly here, interest rate cuts are likely on the way, and crypto will likely continue to earn a place on the national stage during the U.S. elections with potential positive policy shifts in play.
💭 Closing Thoughts
So, has the first half of 2024 been all smooth sailing for crypto? Not quite.
The bull market must go
8 days ago
(E)
We just added $12000 to the $GBOY Liquidity pool and then BURNED IT ALL FOREVER
Just another step to strengthening our project and proving we're building for the long-term
Added LP tx:
https://solscan.io/tx/5sSu...
Burn LP tx:
https://solscan.io/tx/433b...
Show us another community takeover that does what we do time and time again...
That's almost $20k ,000 added to the LP and burned in the past few months
A successful NFT mint
And our game (first PvP for crypto on Telegram ever) about to enter testing
$GBOY is going to takeover
The question is, are you prepared?
Just another step to strengthening our project and proving we're building for the long-term
Added LP tx:
https://solscan.io/tx/5sSu...
Burn LP tx:
https://solscan.io/tx/433b...
Show us another community takeover that does what we do time and time again...
That's almost $20k ,000 added to the LP and burned in the past few months
A successful NFT mint
And our game (first PvP for crypto on Telegram ever) about to enter testing
$GBOY is going to takeover
The question is, are you prepared?
23 days ago
I wrote a step-by-step guide on how to:
- lose fat
- build muscle
- gain 6 pack abs
WITHOUT going on a diet.
It's FREE for the next 48 hrs.
Like + Comment "Fat" and I’ll DM it to you.
(Must Be Following Me)
- lose fat
- build muscle
- gain 6 pack abs
WITHOUT going on a diet.
It's FREE for the next 48 hrs.
Like + Comment "Fat" and I’ll DM it to you.
(Must Be Following Me)
27 days ago
The biggest struggle for 98% of people:
"I can't lose weight and body fat."
That's why I wrote a step-by-step guide that will help you lose weight and fat in 10-12 weeks.
Like + Comment "Guide" and I'll DM it to you.
(Must Be Following Me)
"I can't lose weight and body fat."
That's why I wrote a step-by-step guide that will help you lose weight and fat in 10-12 weeks.
Like + Comment "Guide" and I'll DM it to you.
(Must Be Following Me)
28 days ago
2 months ago
Withdrawal is enabled on BullVerse
Bullish utility for $BULL !
To withdraw funds from our platform, you need to lock the equivalent USD amount of $BULL for a minimum of 30 days.
This helps us mitigate spammers and account farmers.
To withdraw funds, use the following steps:
1 - Go to the Wallet section. https://bullverse.io/walle...
2 - Find the Withdrawal button.
3 - Lock $BULL ( USD equivalent you want to withdraw )
4 - Fill out the rest of the form and submit your request.
Bullish utility for $BULL !
To withdraw funds from our platform, you need to lock the equivalent USD amount of $BULL for a minimum of 30 days.
This helps us mitigate spammers and account farmers.
To withdraw funds, use the following steps:
1 - Go to the Wallet section. https://bullverse.io/walle...
2 - Find the Withdrawal button.
3 - Lock $BULL ( USD equivalent you want to withdraw )
4 - Fill out the rest of the form and submit your request.
2 months ago
🚀🐱 'Houston, fur is flying as our Catronauts zoom to the moon! Strap in and join our clowder of crypto kitties as we rocket through the blockchain galaxy. Investing in our token? It’s one small step for man, one giant leap for feline-kind!' 🌌 #CryptoCurrency #news #space $CAT
