FameEX Biweekly Report | Spectacular Events Launched with Generous USDT Rewards! (Issue 1, October 2023)
Catch up the highlights from October 1 to October 15, 2023. We introduced the popular token Big Time (BIGTIME), upgraded customer service features, and released a series of events such as “Sign Up to Win 1,000 USDT Rewards” and “FameEX Futures Trading Carnival: Claim Your Airdrop Bonus”, etc. We also provided project research on PPD (PaisaPad), TIPG (TIPG), and more. For more updates, check out this issue of FameEX Biweekly report.
Crypto World News:
SEC Files Lawsuit Against Elon Musk, Seeking His Testimony in Twitter Takeover Probe
The United States Securities and Exchange Commission sued Musk alleging he failed to testify in its probe relating to his $44 billion Twitter (now X) purchase. This investigation focuses on Musk's stock purchases leading up to the acquisition, prompting legal action to compel his testimony. This ongoing controversy highlights the regulatory scrutiny surrounding this high-profile social media and its impact on the billionaire investor.
UK Data Watchdog Issues Warning to Snapchat Regarding AI Chatbot Risks
Snapchat has received a warning from the United Kingdom's data watchdog concerning its new artificial intelligence (AI) chatbot, “My AI”, as reported in an update by the regulator. The investigation said that millions of Snapchat My AI users, including children aged 13 to 17, will face privacy risks. Pursuant to the notice, if a final enforcement notice is issued, Snap must cease processing data with respect to My AI.
Robert F. Kennedy Jr Pledges to End “White House War on Bitcoin” for a ‘Currency of Freedom’
In a recent interview with Bitcoin published on Wednesday, US Presidential candidate Robert F. Kennedy Jr. proclaimed his intention to put a stop to “the current White House war on Bitcoin” should he assume office. He said, “I’m gonna make sure that there is Bitcoin that is protected so that people can keep their own wallet that the current White House has on Bitcoin will be over. Those transactions will be protected and encouraged.”
Analyst Warning: Potential Dollar Collapse Could Benefit Bitcoin Hodlers
Global financial services company Jefferies has issued a warning about the potential collapse of the US dollar, which could favor individuals holding gold and Bitcoin. In a recent investor report, Chris Wood, Jefferies’ Global Head of Equity Strategy, emphasized the importance of Bitcoin and gold as vital safeguards against diminishing returns caused by currency depreciation and inflation.
BIGTIME Gaming Token Rises 60% After Being Listed on Several Exchanges
The BIGTIME team comprises members from renowned video game studios. As early as 2021, the total investment received by BIGTIME reached tens of millions of dollars. Following the announcement of the token’s listing on certain exchanges, the price of the BIGTIME token has increased by approximately 60%, with the current trading price standing at around $0.111.
1. Lucky Draw for New Users. FameEX successfully held the “Sign Up to Win Up to 1,000 USDT Rewards” from Sept. 15 to Oct. 15, 2023.
2. Futures Trading Carnival. The “FameEX Futures Trading Carnival: Claim Your Airdrop Bonus” event came to a successful conclusion from Sept. 27 to Oct. 26, 2023. During the period, 6,463 users signed up and the user can receive up to 1,000 USDT.
3. Deposit and Trade to Share $PPD. The FameEX platform successfully released the “Deposit and Trade to Share 100,000 $PPD” event from Sept. 29 to Oct. 8, 2023 to celebrate the official launch of the PaisaPad token $PPD.
1. Follow FameEX Social Media Event. FameEX official communities held the “Follow FameEX Social Media To Claim 10 $WLD” from Sept. 29 to Oct. 6, 2023, and all participants in the event had a chance to win a lucky gift of 10 $WLD.
2. FameEX Community Lucky Draw. FameEX launched a lucky draw event in the official Chinese Telegram group from 17:00 (ITC+8) on Oct. 12 to 17:00 (UTC+8) on Oct. 13, 2023. Eligible users had the opportunity to win cash bonus.
A new token was launched on FameEX during this period.
◆Big Time (BIGTIME): BIGTIME/USDT was listed in the spot trading zone on October 13 and perpetual futures with 50X leverage on October 16.
The following spot trading pairs were delisted on the FameEX platform during this period.
◆ The following spot trading pairs have been officially delisted: MANA/ETH, MATIC/ETH, AAVE/ETH, XLM/ETH, LINK/ETH, ADA/ETH, TRX/ETH, and HT/USDT, and all open orders for the above trading pairs have been canceled.
◆ On October 12, the deposit of HT token on FameEX was suspended.
◆ The FameEX platform ranked #82 on CoinMarketCap on October 13. The 24-hour trading volume was $69,777,484, with an average liquidity of 483. The platform had an average of 438,669 weekly visits. (Data source: CoinMarketCap)
◆ The FameEX platform ranked #57 on CoinGecko on October 13. The 24-hour trading volume was $69,217,920 and the monthly visits exceeded 2 million. (Data source: CoinGecko)
◆ On October 13, the total assets in the FameEX wallet amounted to 12,262,796.8USDT, and the total assets in the risk reserve wallet were 3,744,404.9 USDT. The total assets of the FameEX wallet and risk reserve wallet are updated once everyday and can be viewed HERE in real time.
1. Optimized the features of the customer service section. The FameEX customer service section was optimized and deployed on October 11.
The details of this version are as follows:
◆ Optimized withdrawal process;
◆ Improved withdrawal application and KYC application notification;
◆ Upgraded KYC review;
◆ Optimization of user basic information.
FameEX Official Community:
1. Twitter: 99,942 Followers. Link: https://twitter.com/FameexGlobal
2. Chinese Twitter: 12,198 Followers. Link: https://twitter.com/FameEXzh
3. YouTube: 1,640 Subscribers. Link: https://www.youtube.com/c/FAMEEX
4. Telegram (Global): 172,904 Followers. Link: https://t.me/fameexgroup
5. Discord: 5,943 Followers. Link: https://discord.gg/V8yvKPxVCk
Thanks for reading this report of FameEX Biweekly. Stay engaged with our official social media, and your voice matters to us!