Newsletter by Tokenize Xchange (Vol.330 | February 2025)
What’s up? Welcome to Tokenize Weekly Roundup
Tokenize Xchange will meet you right here with the week’s most important crypto news. Crypto moves fast, but we’ll help you stay on top of the latest trends and explain why they matter. Also, don’t miss any updates regarding our latest features, events, and community activities.
🚀Crypto Leaderboard
🚀 New Feature: TOKENIZE Y
Tokenize Y is our community feature integrated into the Tokenize app. This platform allows for group chats, content sharing, and an added layer of security, giving users a space to engage with each other while knowing that their interactions are moderated and trustworthy.
With Tokenize Y, you’ll be able to join customized group chats where admins can appoint moderators who can help manage conversations and maintain a friendly environment for everyone. Whether you’re discussing crypto-related topics, sharing tips and insights, or collaborating on community initiatives, Tokenize Y offers a dedicated space for open communication.
🚀 Product Update
Clover Finance (CLV) Delisting Announcement
Tokenize Xchange will delist the Clover Finance (CLV) trading pairs on February 24th, 2025, at 3:00 PM SGT. This decision follows a comprehensive review of CLV’s performance and alignment with our sustainable and secure trading assets standards.
🗞 Crypto News Recap: The Top Stories
1/ Bybit CEO Confirms Exchange Has Closed Shortfall in ETH Reserves After $1.4 Billion Exploit
In a move that will reassure its users, Bybit has successfully closed the gap in its Ethereum (ETH) reserves following a major exploit that saw a significant shortfall. CEO Ben Zhou took to social media and official channels to confirm that the exchange has made up the $1.4 billion deficit, restoring its full reserve holdings.
2/ Metaplanet Purchases Additional $12.9 Million in Bitcoin, Expanding Holdings to 2,235 BTC
In a bold move signaling its strong belief in Bitcoin’s long-term potential, Metaplanet, a prominent investment firm, has acquired an additional $12.9 million worth of Bitcoin (BTC). This purchase brings its total Bitcoin holdings to an impressive 2,235 BTC, reinforcing the firm’s position as a major player in the cryptocurrency market.
3/ Crypto Market Cap Falls to November 2021 Levels Following Bybit Hack and Memecoin Bust
The global cryptocurrency market is facing significant turmoil, as its total market capitalization has dropped to levels last seen in November 2021. As of Tuesday, the overall market cap sits at approximately $2.86 trillion, according to CoinMarketCap, marking a sharp decline from the all-time highs seen earlier in 2024.
The downturn has been exacerbated by two major factors: the Bybit hack and the memecoin bust, both of which have shaken investor confidence and led to widespread sell-offs across the market.
⭐️ Youtube Update
Introducing: Tokenize Y – A BRAND NEW way to connect, engage, and stay informed!
Join the movement today: https://youtu.be/DIaIzsHy-lo
💎Build your Crypto Portfolio
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👑Become an Exclusive Member Now
The higher your membership tier, the more attractive benefits you receive! Enjoy lower trading fees, access to our exclusive products, the priority to receive special market updates, and more.
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Disclaimer
Cryptocurrencies are subjected to high market risk and volatility despite high growth potential. Users are strongly advised to do their research and invest at their own risk.
