Core Insights - Standard Money has successfully raised $8 million in a strategic investment round led by Yzi Labs, with participation from notable crypto investment firms such as Gate.io, Crypto.com, and Animoca Brands [1][2] - The funds will be utilized for the mainnet rollout of USDsd, an algorithmic stablecoin, and to enhance liquidity partnerships and global operations [2] - The rise of algorithmic stablecoins has been met with caution due to past failures, notably the collapse of the Terra-Luna ecosystem in 2022, which raises questions about the sustainability of such tokens [3] Company Overview - Standard Money is the developer of USDsd, a yield-seeking algorithmic stablecoin based on Tether's USDT, the largest stablecoin by market capitalization [1] - The company aims to leverage the recent interest in stablecoins to establish itself in the market, supported by significant investment from established players in the crypto space [3] Industry Context - Algorithmic stablecoins are designed to maintain their peg to an asset through smart contracts and economic incentives, managing the circulating supply [2] - The recent influx of investment into the stablecoin sector indicates a renewed interest in algorithmic models, despite the historical risks associated with them [3]

🇧🇷 Brazil football fans, the CONMEBOL Libertadores Campaign is live!Buy at least R$250 of $CRO and stand to win:⚽ Premium CONMEBOL Libertadores final tickets🏆 Up to R$1,350 in $BTC📅 Ends Nov 14Learn more 👉 https://t.co/RKMe9h6ezb🏟 Nov 29📍 Estadio Monumental, Peru ...

Hint: It’s a DEX https://t.co/Vb6PzRd5WZ ...

Campaign Details - The PAXG App Campaign is ending soon [1] - Opportunity to win a share of 5 PAXG by purchasing CRO [1] - Requires a US$50 CRO purchase to qualify [1] Participation Requirements - Top 2,000 participants are eligible to win [1] - Campaign is not available in all jurisdictions [1]

Which ticker is the one everyone wants to be? ...

Not just an app, but a turning point https://t.co/pF2Gs9SG4v ...

First comes community, then comes market cap ...

The more $CRO you allocate, the bigger your potential rewards 💸 Terms and Conditions Apply.Full Details 👉 https://t.co/S3AB7ZCjIzSign up for the App today 👉 https://t.co/gkyoQQGbY1 ...

Core Insights - The UAE-based telecom company du has launched "Cloud Miner," a mining-as-a-service platform that simplifies crypto mining for users by managing hardware, electricity, and maintenance [1][2] Service Offering - Cloud Miner allows UAE residents to subscribe to crypto-mining capacity starting at 250 terahashes per second (TH/s) of computing power, with mined Bitcoin (BTC) delivered directly to their crypto wallets [2] - A publicly available calculator will help subscribers estimate their potential monthly Bitcoin earnings and its equivalent value [2] Contract Details - The cost of the plans has not been disclosed, but an online auction for contracts will take place from November 3 to 9, with a 24-month lock-in period for the first phase [3] - The lock-in period indicates a long-term commitment from users, which may impact liquidity and flexibility, suggesting the company's expectation of stable adoption [3] Trust and Regulation - The chief information and communications technology officer at du highlighted the importance of trust and regulation in the crypto mining space, stating that users need a reliable partner that adheres to local regulations [4] - The UAE is recognized as a crypto-friendly environment, allowing residents to engage in various digital asset activities [4] Regulatory Landscape - Multiple regulatory bodies oversee the crypto sector in the UAE, including the Securities and Commodities Authority, the Virtual Assets Regulatory Authority in Dubai, and the Financial Services Regulatory Authority in Abu Dhabi, with a generally transparent and supportive regulatory framework [5] - Recent developments include Bybit receiving full regulatory approval from the SCA and Crypto.com obtaining a Stored Value Facility license from the Central Bank of the UAE [5][6] Future Expansion - Du anticipates expanding its services in the crypto-asset space as adoption increases, potentially offering additional services such as exchanges and lending [6]

Crypto Exchange & Regulation - Crypto exchange seeks national trust bank charter, indicating a move towards traditional financial regulation [1] - Trump's CFTC nominee is expected to influence crypto oversight, suggesting potential regulatory shifts in the crypto space [1] Cryptocurrency Adoption & Innovation - Rumble enables BTC (Bitcoin), USDT (Tether) & XAUT (Tether Gold) tipping, showcasing increasing acceptance of cryptocurrencies in content monetization [1] - Bitwise launches the first US SOL (Solana) ETF with staked exposure, marking a milestone in crypto investment products [1] - Canary introduces the first US ETFs tracking LTC (Litecoin) & HBAR (Hedera Hashgraph), expanding the range of crypto investment options [1]