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Funex Journey

Funex club has experienced numerous ups and downs throughout its journey. We have a huge community that helps us to achieve a lot of milestones and they made our journey worthwhile.

  • 2019

    January 2019

    Funex's Journey Begins with Research & Concept Creation

  • 2019

    September 2019

    The Initial Website & Whitepaper got Designed

  • 2020

    April 2020

    Funex Coin Development began on Quark Algorithm

  • 2020

    December 2020

    Bitcointalk Forum got Released & Quark-Based Coin Ready for Beta Testing

  • 2021

    January 2021

    Funex Mobile & Web Wallet Development Started

  • 2021

    August 2021

    Funex Coin Deployed on Binance Smart Chain (BEP20)

  • 2021

    October 2021

    Funex Coin Deployed on Ethereum (ERC20) & Tron Blockchain (TRC20)

  • 2021

    November 2021

    Funex Coin Listed on SunSwap (Decentralized Exchange)

  • 2021

    December 2021

    Funex TRC20 Token Listed on VinDAX (Centralized Exchange)

  • 2022

    January 2022

    Funex New website design

  • 2022

    February 2022

    Multichain Wallet Development Started

  • 2022

    March 2022

    Funex Coin Ecosystem Developed

  • 2022

    April 2022

    Funex Coin Staking Program Introduced & Mobile Wallet Upgraded

  • 2022

    June 2022

    New Blockchain Support Added Including BTC, ETH, LTC, BNB, DOGE, DASH, etc.

  • 2022

    July 2022

    Funex Pro Development Started

  • 2022

    September 2022

    3rd Sept. - Funex Listing on Localtrade

    5 Sept - 25 Sept Funex Coin IEO on Coinsbit

    Coinsbit Listing - 30 Sept. 2022

  • 2023

    March 2023

    Funex Company Legal Incorporation Started

    Funex Airdrop 10th - 15th

    Funex Coin ICO

  • 2023

    November 2023

    Funex Pro Launch

  • 2024

    February 2024

    BNB & Polygon Chain Integrated

    40+ New Coin Support Enabled

  • 2024

    October 2024

    Funex Bitmart

  • 2025

    March 2025

    Funex Centralized Exchange Development

  • 2025

    August 2025

    Metaverse Casino Game Development and the Funex Club's journey will continue to progress.

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Trump signs bill criminalizing nonsensenual AI deepfake porn

Trump signs bill criminalizing nonsensenual AI deepfake porn

US President Donald Trump has signed a bill criminalizing nonconsensual artificial intelligence-generated deepfake porn, which also requires websites to take down any illicit images within 48 hours. Trump signed the bill into law on May 19, known as the TAKE IT DOWN Act, an acronym for Tools to Address Known Exploitation by Immobilizing Technological Deepfakes on Websites and Networks. The bill , backed by first lady Melania Trump, makes it a federal crime to publish, or threaten to publish, nonconsensual intimate images, including deepfakes, of adults or minors with the intent to harm or harass them. Penalties range from fines to prison. Source: Melania Trump Websites, online services, or apps must remove illegal content within 48 hours and establish a takedown process. Trump said in remarks given at the White House Rose Garden and posted to the social media platform Truth Social that the bill also covers “forgeries generated by an artificial intelligence,” commonly referred to as deepfakes . Melania Trump had directly lobbied lawmakers to support the bill, and said in a statement that the law is a “national victory.” “Artificial Intelligence and social media are the digital candy of the next generation — sweet, addictive, and engineered to have an impact on the cognitive development of our children,” she said. “But unlike sugar, these new technologies can be weaponized, shape beliefs, and sadly, affect emotions and even be deadly,” she added. Senator Ted Cruz and Amy Klobuchar introduced the bill in June 2024, and it passed both houses in April of this year. US the latest to ban explicit deepfakes There has been a growing number of cases where deepfakes are used for harmful purposes . One of the more high-profile instances saw deepfake-generated illicit images of pop star Taylor Swift rapidly spread through X in January 2024 . X temporarily banned searches using Taylor Swift’s name in response, while lawmakers pushed for legislation criminalizing the production of deepfake images. Related: AI scammers are now impersonating US government bigwigs, says FBI Other countries, such as the UK, have already made sharing deepfake pornography illegal as part of the country’s Online Safety Act in 2023 . A 2023 report from security startup Security Hero revealed that the majority of deepfakes posted online are pornographic, and 99% of individuals targeted by such content are women. Magazine: Deepfake AI ‘gang’ drains $11M OKX account, Zipmex zapped by SEC: Asia Express

Bitcoin Briefly Surpasses $106K Before Pullback, Analyst Sees Stable Momentum

Bitcoin Briefly Surpasses $106K Before Pullback, Analyst Sees Stable Momentum

Bitcoin has resumed its upward trajectory in the early hours of Monday, briefly surpassing the $106,000 mark before encountering resistance and experiencing a minor pullback. As of the time of writing, Bitcoin is trading at $104,153, representing a 1% decline over the past 24 hours. Despite this dip, the asset remains in a strong position overall, having posted significant gains over the past several weeks and retaining proximity to its all-time high levels. This price action follows a brief consolidation phase late last week, during which Bitcoin paused after climbing above $104,000. Amid this price performance, CryptoQuant analyst Avocado Onchain recently shared his interpretation of the trend based on derivatives and spot market data. Related Reading: Are Bitcoin Whales About to Cash Out? Key Metric Signals Possible Profit-Taking Ahead Market Buy Volume and Funding Rates Show a Shift in Rally Behavior In his recent analysis, “Bitcoin’s Rebound Without Overheating Is a Clear Sign of a Healthy Bull Market,” Avocado Onchain pointed to a shift in Bitcoin’s behavior around key price milestones. In previous breakout attempts, he noted that Bitcoin’s surge to new all-time highs was often accompanied by a sharp rise in Binance’s market buy volume and funding rates, both of which signaled overheated conditions. These conditions typically resulted in short-term corrections, as traders locked in profits and leverage unwound. However, the analyst observed that the current rebound is unfolding differently. Funding rates on Binance remain stable, and market buy volume is trending downward, which Avocado interprets as a sign of restraint rather than weakness. He argued that, unlike the sharp speculative rallies seen in prior phases, the present environment reflects cautious optimism and sustained accumulation. According to him, this more tempered recovery could be less vulnerable to abrupt pullbacks and instead support a more stable path to potential new highs. 📋 과열 없는 비트코인 반등, 건강한 강세장의 신호(Bitcoin’s Rebound Without Overheating Is a Clear Sign of a Healthy Bull Market) 이번 시즌 비트코인 가격이 신고가를 갱신할 때마다 바이낸스 시장가 매수 거래량과 펀딩비는 크게 상승하였고, 그 후 과열로 인한 조정기간이 찾아오는 유사한… pic.twitter.com/c0JCPzgbfY — Avocado (@avocado_onchain) May 19, 2025 Bitcoin On-Chain Trends Point to Continued Accumulation Avocado further emphasized that although buying activity is not surging at the same rate as in prior runs, the overall trend in market buy volume has been gradually increasing since 2023. He referred to on-chain data that shows a consistent uptrend, suggesting that longer-term investor appetite remains intact. With sentiment still recovering from recent corrections and derivatives markets appearing less overheated, he suggested the market structure is favorable for additional upward momentum in the near to mid-term. Related Reading: Bitcoin Exchange Stablecoins Ratio Surges—A Warning For Investors? While the analyst did not make a specific prediction regarding when Bitcoin might surpass its previous record, he highlighted that the current market conditions do not resemble previous overheated peaks. This, he noted, makes for a more constructive setup and potentially more durable gains if the trend continues. Featured image created with DALL-E, Chart from TradingView

Nasdaq-Listed DigiAsia Plans to Raise $100M for Bitcoin Buys

Nasdaq-Listed DigiAsia Plans to Raise $100M for Bitcoin Buys

DigiAsia Corp (FAAS) plans to raise up to $100 million to seed a bitcoin treasury reserve (BTC), joining a growing list of publicly traded companies looking to diversify their corporate balance sheets with bitcoin. The announcement on Monday (which emphasized plans rather than executed actions) helped push DigiAsia’s shares up 91% during regular trading to 36 cents, before pulling back 22% after hours. The stock is still down more than 50% year-to-date. The company said its board had approved a strategy to allocate up to 50% of future net profits toward BTC purchases and was “actively exploring” a capital raise of up to $100 million, according to a press release. It also plans to pursue yield-generating strategies on its bitcoin holdings, including institutional lending and staking through regulated partners. “We believe bitcoin represents a compelling long-term investment and a foundational layer for modern treasury diversification,” said Prashant Gokarn, Co-CEO of DigiAsia, in the release. The firm added that it was evaluating financing methods such as convertible notes and crypto-linked instruments to support the initiative. In an April update , DigiAsia reported $101 million in revenue for 2024, with projected earnings before interest and taxes of $12 million this year. Whether DigiAsia follows through on its BTC purchases remains to be seen. But the signal alone has been enough to give the fintech a short-term boost on Wall Street.

Solana (SOL) Holds Ground in Tight Range — Traders Watch for Directional Cue

Solana (SOL) Holds Ground in Tight Range — Traders Watch for Directional Cue

Solana started a fresh increase from the $160 zone. SOL price is now consolidating gains and might aim for more gains above the $172 zone. SOL price started a fresh increase above the $165 level against the US Dollar. The price is now trading above $168 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $167 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $172 resistance zone. Solana Price Recovers Above $165 Solana price formed a base above the $160 support and started a fresh increase, like Bitcoin and Ethereum . SOL gained pace for a move above the $162 and $165 resistance levels. There was a clear move above the 50% Fib retracement level of the downward move from the $177 swing high to the $160 low. Besides, there was a break above a connecting bearish trend line with resistance at $167 on the hourly chart of the SOL/USD pair. However, the bears were active near the $172 resistance zone. The 76.4% Fib retracement level of the downward move from the $177 swing high to the $160 low is acting as a resistance. Solana is now trading above $168 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $172 level. The next major resistance is near the $176 level. The main resistance could be $180. A successful close above the $180 resistance zone could set the pace for another steady increase. The next key resistance is $192. Any more gains might send the price toward the $200 level. Another Decline in SOL? If SOL fails to rise above the $172 resistance, it could start another decline. Initial support on the downside is near the $168 zone. The first major support is near the $165 level. A break below the $165 level might send the price toward the $162 zone. If there is a close below the $162 support, the price could decline toward the $150 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $165 and $162. Major Resistance Levels – $172 and $176.

Bitcoin’s Fate May Be Sealed On June 9, Analyst Warns

Bitcoin’s Fate May Be Sealed On June 9, Analyst Warns

Bitcoin spent the European trading hours changing hands near $103,000 after Sunday night’s failed attempt to clear $107,100. The pull-back has done little to dent the conviction of market technician Dr Cat (@DoctorCatX), who argues that the decisive battleground is still three weeks away: the weekly close of 9 June, when the Tenkan-sen is projected to cross above the Kijun-sen on the Ichimoku chart. What This Means For Bitcoin Price In a post on X published on May 19, the analyst reminded followers that “some people don’t understand the concept of time-frames,” adding that “while now we have a clear rejection with volume, a lot of people decided to get scared … on the first red 4h candle which even if red, didn’t break support.” He framed the current setback as routine consolidation: “Since tomorrow ~99.9K is a super-strong support,” he wrote, identifying the high-liquidity pocket between $98,900 and $100,200 as an area that is “most likely” to be “bought up pretty quickly and decisively” should spot bids be tested. Related Reading: Bitcoin’s $10,000 Stairway: Chart Signals March Toward $115,000 The crux of Dr Cat’s argument lies in the interaction of the fast-moving Tenkan-sen and the medium-term Kijun-sen on the weekly chart. An upward cross of the former above the latter—sometimes colloquially dubbed a “TK golden cross”—carries weight among Ichimoku practitioners because it signals that near-term momentum has finally overwhelmed the baseline trend. What makes the 9 June close especially delicate is the tightness of the current range. Dr Cat concedes that “it’s unclear which will come first, $99,000 or $109,000—and that doesn’t really matter,” but he is categorical that “any deeper retrace below $98,000 is very unlikely.” The rising Kijun-sen, itself a 26-period mid-point, has in effect ratcheted support higher with every week of sideways trade. Related Reading: Galaxy CEO Novogratz Sees Imminent Bitcoin Breakout To $130,000 Macro-sensitive traders will also be working around the publication of the May US Consumer Price Index on June 11—two days after the anticipated TK cross—and the Federal Reserve’s rate-setting meeting on June 17-18. With real-yield expectations still dominating risk-asset positioning, any upside surprise in core inflation could delay the confirmation of bullish chart patterns—or intensify them if the data land dovish. For now, the market remains range-bound. As long as $99,000 holds on a closing basis and the Chikou-span (lagging line) stays above price, Dr Cat sees little reason to abandon an all-time-high thesis. “If by the time of the cross the price is still holding above Tenkan Sen … if ATH is not seen by then, it should be seen pretty much immediately,” he wrote. Whether that confidence will survive the macro calendar is another question. What is clear is that both discretionary traders and systematic funds are marking 9 June as the moment the chart either validates the 2025 bull cycle—or postpones it once more. At press time, BTC traded at $103,721. Featured image created with DALL.E, chart from TradingView.com

Indonesia’s DigiAsia shares pop 90% on plan to raise $100M to buy Bitcoin

Indonesia’s DigiAsia shares pop 90% on plan to raise $100M to buy Bitcoin

Shares in the Indonesian fintech firm DigiAsia Corp nearly doubled after the company said it plans to raise $100 million to seed its first of many Bitcoin buys. The Jakarta-based Nasdaq-listed company said on May 19 that its board of directors approved creating a Bitcoin ( BTC ) “treasury reserve” and it was “committing up to 50% of any net profits generated to fund the acquisition of BTC.” DigiAsia said it was also “actively exploring a capital raise of up to US$100 million” to kickstart its Bitcoin holdings and would look to earn yield on its holdings through means like lending and staking. DigiAsia said it had “initiated discussions with regulated partners” on yield strategies and managing its planned Bitcoin holdings. The company added that it was also assessing whether to offer convertible notes or crypto finance instruments linked to its planned Bitcoin haul. DigiAsia stocks explode on Bitcoin plans Shares in DigiAsia Corp (FAAS) closed May 19 trading at a gain of just over 91% at 36 cents after the company’s Bitcoin announcement, according to Google Finance. DigiAsia’s Bitcoin plan has seen its stock price rise over 90% in the regular trading session. Source: Google Finance However, after the bell, DigiAsia stock dropped 22% to 28 cents. The company’s shares are down nearly 53% so far this year, having peaked at just under $12 in March 2024. In a financial update on April 1, DigiAsia reported its revenues grew 36% year-on-year to $101 million in 2024. It projected growth of 24% to $125 million in 2025, along with earnings before interest and taxes of $12 million. A growing number of companies are adding Bitcoin to their corporate holdings, following its popularization by Michael Saylor’s Strategy , formerly MicroStrategy, which has the largest Bitcoin holdings of any public company at 576,230 BTC, worth nearly $60.9 billion. Strive Asset Management announced on May 7 that it’s going to transition into a Bitcoin treasury company , and video game retailer GameStop Corporation (GME) finished a convertible debt offering on April 1 that raised $1.5 billion , with some proceeds earmarked for buying Bitcoin. Related: Metaplanet scoops 1,004 Bitcoin in 2nd-biggest buy ever Corporate Bitcoin treasuries collectively hold over three million in Bitcoin, worth over $300 billion, according to Bitbo data . Blockstream co-founder and CEO Adam Back predicted that firms with Bitcoin-focused treasuries are driving global adoption and could push Bitcoin’s market cap hit $200 trillion in the coming decade. Bitcoin’s market cap is currently sitting at around $2 trillion, with BTC changing hands at $105,642, up 2% in the past day, according to CoinGecko. Magazine: Rise of MicroStrategy clones, Asia dominates crypto adoption: Asia Express 2024 review

Fibonacci Retracement: A Trader’s Compass in the Bitcoin Market

Fibonacci Retracement: A Trader’s Compass in the Bitcoin Market

In the world of bitcoin trading, identifying key price levels can be the difference between a profitable decision and a costly error. Among the arsenal of tools available to technical analysts, Fibonacci retracement stands out for its mathematical elegance and practical reliability. Fibonacci Retracement and Why It Matters Fibonacci retracement is a technical analysis tool

XRP Futures Rack Up $1.5M Trading Volumes on CME Debut

XRP Futures Rack Up $1.5M Trading Volumes on CME Debut

XRP futures contracts began trading on CME Group’s derivatives platform on May 19, recording at least $1.5 million in trading volume during the first session, a modest but notable debut for the major token. CME data shows 4 standard contracts (each representing 50,000 XRP) traded on day one, totaling around $480,000 in notional volume at an average price of $2.40. The majority of activity came from 106 micro contracts (2,500 XRP each), accounting for over $1 million in additional volume. The contracts are cash-settled and benchmarked to the CME CF XRP-Dollar Reference Rate, which is published daily at 4:00 P.M. London time. CME’s dual contract structure is designed to attract both institutional players and smaller participants, offering flexibility for various hedging and trading strategies. "The launch of regulated XRP Futures on @CMEGroup marks a key institutional milestone for XRP," Ripple CEO Brad Garlinghouse posted on X on Monday. He added that Hidden Road executed the first block trade. The listing follows the CFTC’s classification of XRP as a commodity, a regulatory green light that cleared the path for CME to offer these products. Analysts say the debut could also strengthen the case for a spot XRP ETF, with ETF Store president Nate Geraci saying such a product is “only a matter of time.” While early volumes may appear modest, XRP’s inclusion on CME widens market dynamics for the major token in terms of price discovery, similar to how price-action on BTC and ETH futures is impacted when the U.S. market opens.

XRP Price Eyes Gains, But Technicals Suggest Upsides May Be Limited

XRP Price Eyes Gains, But Technicals Suggest Upsides May Be Limited

XRP price started a fresh decline below the $2.350 zone. The price is now recovering losses and might face hurdles near the $2.420 zone. XRP price started a fresh decline below the $2.450 zone. The price is now trading above $2.350 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2.40 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another decline if it stays below the $2.450 resistance. XRP Price Faces Hurdles XRP price attempted a fresh decline below the $2.450 zone, unlike Bitcoin and Ethereum . There was a move below the $2.40 and $2.350 levels. The price even tested the $2.2850 zone. A low was formed at $2.2848 and the price is now attempting to recover. There was a move above the $2.32 and $2.350 levels. The price surpassed the 50% Fib retracement level of the downward move from the $2.449 swing high to the $2.848 high. However, the price now faces hurdles near the $2.40 level. The price is now trading above $2.35 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.40 level. There is also a connecting bearish trend line forming with resistance at $2.40 on the hourly chart of the XRP/USD pair. The first major resistance is near the $2.420 level. It is near the 76.4% Fib retracement level of the downward move from the $2.449 swing high to the $2.848 high. The next resistance is $2.50. A clear move above the $2.50 resistance might send the price toward the $2.60 resistance. Any more gains might send the price toward the $2.650 resistance or even $2.680 in the near term. The next major hurdle for the bulls might be $2.80. Another Decline? If XRP fails to clear the $2.420 resistance zone, it could start another decline. Initial support on the downside is near the $2.350 level. The next major support is near the $2.320 level. If there is a downside break and a close below the $2.320 level, the price might continue to decline toward the $2.20 support. The next major support sits near the $2.120 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.350 and $2.320. Major Resistance Levels – $2.40 and $2.420.

Frequently Asked Questions

FAQ
What is a Funex Coin?

Funex coin is a cryptocurrency which is developed by Funex club that can be used within Funex’s ecosystem to perform crypto operations seamlessly. Despite being the native coin of Funex Club, it is also a multi-utility and gaming token. Users can use this coin in the upcoming blockchain gaming platform of Funex Club.

What is a Funex coin wallet and How does it work?

Funex coin wallet is a centralized crypto wallet in which crypto users can store multiple cryptocurrencies. It is also a multi-chain wallet which means you can store cryptocurrencies developed on different blockchain networks. It is one of the most popular crypto wallets and you can get it on your Android and iOS device.

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In the gaming world, the use of cryptocurrencies is getting popular with time. Several gaming cryptocurrencies have been developed currently which are facilitating various advantages. Funex coin is one of the best gaming cryptocurrencies which aims to provide a lot of benefits to gamers and crypto enthusiasts.

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