Hello community! Here are the winning words from this week's crossword challenge of Binance's Word of the Day (WOTD).
The word of the day is DEFAI, a fusion of DeFi (Decentralized Finance) and AI (Artificial Intelligence). This term represents the evolution of the crypto ecosystem, where intelligent automation and decentralization come together to provide more efficient, secure, and accessible solutions for everyone.
Here are the highlighted words from the crossword, organized by the number of letters:
3 letters FEE BTC
4 letters TEFI TASK
5 letters ADOPT AGENT
6 letters SYSTEM
7 letters INSIGHT PROGRAM DIGITAL
8 letters SIMPLIFY DECISION NAVIGATE SECURITY AUTONOMY LANGUAGE ADOPTION
Each of these words represents key concepts that are part of the DeFi and AI universe: from tasks and automated agents to ideas like autonomy, adoption, and secure navigation within decentralized platforms.
If you haven't followed me yet, I invite you to do so. All week I will be sharing the words from the daily crossword so you can complete it and accumulate points that you can later redeem for great prizes, such as coupons that convert into USDC dollars on the Binance spot market.
Additionally, I share key content weekly that can help you generate real profits and take advantage of opportunities in the crypto world.
Hello community! Here are the winning words from this week's crossword challenge of Binance's Word of the Day (WOTD).
The word of the day is DEFAI, a fusion of DeFi (Decentralized Finance) and AI (Artificial Intelligence). This term represents the evolution of the crypto ecosystem, where intelligent automation and decentralization come together to provide more efficient, secure, and accessible solutions for everyone.
Here are the highlighted words from the crossword, organized by the number of letters:
3 letters FEE BTC
4 letters TEFI TASK
5 letters ADOPT AGENT
6 letters SYSTEM
7 letters INSIGHT PROGRAM DIGITAL
8 letters SIMPLIFY DECISION NAVIGATE SECURITY AUTONOMY LANGUAGE ADOPTION
Each of these words represents key concepts that are part of the DeFi and AI universe: from tasks and automated agents to ideas like autonomy, adoption, and secure navigation within decentralized platforms.
If you haven't followed me yet, I invite you to do so. All week I will be sharing the words from the daily crossword so you can complete it and accumulate points that you can later redeem for great prizes, such as coupons that convert into USDC dollars on the Binance spot market.
Additionally, I share key content weekly that can help you generate real profits and take advantage of opportunities in the crypto world.
Hashdex’s Nasdaq Crypto Index ETF Goes Live in US Feb. 14, Beating Bitwise and Grayscale
Asset manager Hashdex will launch The Hashdex Nasdaq Crypto Index US ETF (exchange-traded fund) on Feb. 14, Nasdaq announced. Qualified U.S. investors will have broad, balanced exposure to the crypto market through the instrument. It is the first approved of several applicants for similar ETFs.
The Nasdaq Crypto Index follows nine cryptocurrencies that are weighted according to their market capitalizations. The index represents 75% of the market capitalization of all eligible assets and would add more cryptocurrencies to maintain that level, if necessary. A minimum investment of $100,000 is required.
The ETF will have a limited start
The ETF (ticker NCIQ) will initially only contain Bitcoin and Ether and will expand the mixture as the U.S. Securities and Exchange Commission (SEC) approves more cryptos for listing. BTC and ETH currently make up 74.81% and 11.51% of the index, respectively. The index is passively managed and rebalanced quarterly.
Besides BTC and ETH, the other cryptocurrencies currently on the index, in proportional order, are Ripple (XRP), Solana (SOL), Cardano (ADA), Chainlink (LINK), Litecoin (LTC), Avalanche (AVAX) and Uniswap (UNI).
NCIQ was listed at $4,827.98 per share at the time of writing, down 1.37% from the previous day.
A mixed-crypto ETF is a popular product
Brazil-based Hashdex and Nasdaq collaborated on the creation of the index in 2021, and similar products with the full spectrum of listed cryptos are available in several countries.
The Hashdex Nasdaq Crypto Index Europe ETP has amassed over $500 million. The exchange-traded product (ETP) is traded on the Swiss SIX exchange, Deutsche Börse Xetra, Euronext Paris, and Euronext Amsterdam. The Brazilian Stock Exchange B3 lists a Hashdex Nasdaq Crypto Index ETP. It is listed in Bermuda and the Cayman Islands as well.
Nasdaq filed a 19b-4 form with the SEC requesting the listing of NCIQ in June. It filed an S-1, the final form for the launch of a financial product, in July. The SEC delayed a decision on the proposed ETF, and Nasdaq filed an amended S-1 form on Oct. 1.
NYSE Arca filed to convert Bitwise’s 10 Crypto Index Fund into an ETF on Nov. 15. The SEC delayed a decision on that application as well. Its new deadline is March 3. NYSE Arca also filed for the Grayscale Grayscale Digital Large Cap Fund on Oct. 29. That fund’s portfolio would contain SOL, AVAX, and XRP in addition to BTC and ETH. A decision on that ETF is expected in March as well.
Cryptopolitan Academy: Are You Making These Web3 Resume Mistakes? - Find Out Here
a new activity from Binance has just launched and comes with rewards to participate and win since the validity period is very short, only 2 days. Good luck, let's get started!
1. Are you a new user? Start: If you are new to the Binance app, start your journey by tapping the provided link to create your Binance account. This not only ensures that you are part of the Binance community but also opens the doors to additional rewards and benefits. As a new user, make sure to complete the KYC (Know Your Customer) verification process. This step not only enhances the security of your account but also allows you to access additional welcome rewards.
2. Accessing WODL: Navigate through the user-friendly interface of the Binance app to reach the homepage. Once there, look for the "More" option, a gateway to additional features and campaigns within the app.
3. Finding the donations and campaigns section: Within the "More" section, scroll down to find the "Gifts and campaigns" category. This is where Binance hosts various promotional activities, challenges, and games, including the Word of the Day game.
4. Enter the world of WODL: In the "Gifts and campaigns" section, look for and tap "Word of the Day" or simply "WODL". This is your portal to the daily cryptocurrency crossword.
5. Start decoding: Once you have entered the Word of the Day section, start the challenge. Discover the cryptocurrency-related words hidden in the letter grid. Each day, a new puzzle awaits you, keeping the experience fresh and exciting.
6. Submitting words: To progress in the Word of the Day challenge, submit at least one decoded word. This ensures your active participation and contributes to your eligibility for receiving rewards.
7. Daily games: The Word of the Day challenge takes place daily. A new puzzle is expected every 24 hours, providing a consistent and engaging experience for users. The activity, in this case, is valid from February 10 to February 16, 2025.
IF YOU WANT TO KNOW HOW TO GET ANOTHER WORD Follow me and comment.