Eigenpie's IDO to Commence on September 20, 2024 | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• Bitget's global user base surpasses 45 million, with a 400% growth since 2023.
• Bitget's COO, Vugar Usi Zade, confirms that he will attend the 2nd APAC GrowthNet Summit.
• Bitget Wallet to support on-chain 0 gas fee claims for Catizen airdrops and offer 50,000 CATI tokens as incentives
• Gate.io to launch a trading section called "Innovation Zone".
• HashKey Global partners with Elliptic to enhance compliance and risk management in the crypto exchange landscape.

2. Cryptocurrency Trends:

• Donald Trump states that U.S. crypto builders "will live in hell" if he is not re-elected as president.
• Sahara AI to host Summit Singapore on September 19.
• Mocaverse and Magic Eden partner to launch MagicMoca, a curated NFT launchpad.
• WalletConnect rebrands to Reown and will introduce WCT token.
• USDC is now available in Brazil and Mexico, allowing users to convert Brazilian reals and Mexican pesos into USDC without having to convert fiat currencies into dollars.
• Eigenpie announces that the IDO for EGP is set to commence on September 20, with a total supply of 3.6 million tokens.
• Donghao Huang, Vice President of RD at Mastercard, states that Web3 technology will lead the future of payments by fostering trust and enabling a seamless commerce experience.

3. Financing Trends:

• INFINIT, a DeFi abstraction layer, raises $6 million in a funding round, with participation from Electric Capital, Mirana Ventures, Hashed, Maelstrom (the family office of Arthur Hayes), Lightspeed Faction, Nomad Capital, Robot Ventures, Tangent, Presto Labs, and others.
• RISE Chain, a Layer 2 protocol, raises $3.2 million in seed round funding, led by Finality Capital.
• Pipe, an internet infrastructure network, raises $10 million in a funding round, led by Multicoin Capital.
• Limitless Network, a prediction marketplace, raises $3 million in pre-seed round, led by 1confirmation.
• 0xAstra, an innovative gamified cross-chain liquidity aggregation protocol, raises $3 million in seed round funding, with participation from Animoca Brands and others.

4. Regulatory Trends:

• According to OSL, Hong Kong may involve the Securities and Futures Commission in the OTC virtual asset market, potentially establishing a multi-agency regulatory framework in collaboration with Customs.
• The U.S. SEC proposes stricter scrutiny on Binance's token listing process in its revised lawsuit.