Binance Futures will list new USDT-margined perpetual contracts for AIXBT, FARTCOIN, KMNO, and CGPT with leverage options up to 75x. The rollout schedule is as follows (UTC+8):
- AIXBTUSDT: December 21, 2024, at 02:30
- FARTCOINUSDT: December 21, 2024, at 02:45
- KMNOUSDT: December 21, 2024, at 03:00
- CGPTUSDT: December 21, 2024, at 03:15
👉 Trade crypto futures with high leverage on Binance
Note: AIXBT, FARTCOIN, and CGPT are already available on Binance Alpha.
Tether Invests $775M in Video Platform Rumble
Stablecoin issuer Tether has made a $775 million strategic investment in video-sharing platform Rumble, signaling Rumble’s deeper integration with the crypto sector. Key details:
- $250M: Allocated for growth initiatives.
- Remaining funds: To acquire up to 70M Class A shares at $7.50/share.
- CEO Chris Pavlovski retains controlling interest.
Rumble previously announced plans to allocate $20M of its cash reserves to Bitcoin.
Sonic and Injective to Launch Cross-Chain AI Agent Hub
Injective and SVM blockchain Sonic are collaborating on Smart Agent Hub, a cross-chain AI platform enabling:
- Integration of Solana-based AI agents into Injective’s ecosystem.
- Monetization of AI agents via tokenization.
- Testnet launch: Q1 2025.
Jump Trading Subsidiary Settles with SEC for $123M
Tai Mo Shan, a Jump Trading subsidiary, settled SEC charges related to misleading investors about TerraUSD (UST) stability. Terms:
- $73.5M: Disgorgement.
- $12.9M: Pre-judgment interest.
- $36.7M: Civil penalty.
The firm neither admitted nor denied the findings.
Two Men Charged in $22M Crypto Fraud Scheme
A U.S. DoJ indictment alleges two California men defrauded investors via:
- Fake NFT roadmaps.
- Misleading digital asset projects (e.g., Vault of Gems, Faceless).
- $22M+ in losses.
FAQs
Q: What leverage does Binance offer for new contracts?
A: Up to 75x on AIXBTUSDT, FARTCOINUSDT, KMNOUSDT, and CGPTUSDT.
Q: How much did Tether invest in Rumble?
A: $775M, including $250M for growth.
Q: When is Smart Agent Hub’s testnet launch?
A: Q1 2025.
👉 Explore crypto investment opportunities
Other Updates
- Google’s UK Crypto Ad Policy: Requires FCA registration starting January 2025.
- Tether’s 2024 Profit Forecast: $100B, per CEO Paolo Ardoino.
- Germany Implements MiCAR: Legislation passed for crypto regulation.