Written by: 1912212.eth, Foresight News On November 13th, Aztec, a zero-knowledge privacy technology project, announced the launch of its AZTEC token sale. The sale will offer 1.547 billion tokens, representing 14.95% of the total supply, with payment made in ETH. Regarding the sale mechanism, the project stated that it will prioritize real-time price discovery and fair participation opportunities. The starting price is set at $350 million FDV, approximately 75% lower than the implied network valuation based on the latest equity financing. Participants can mint soul-bound NFTs to confirm their participation. Registration and bidding for early participants will begin today (November 13th) at 3 PM (CET). Early participants will have a one-day exclusive early access period before the auction opens to the public. On December 1st, AZTEC will distribute the tokens to contributors and genesis bidders, and on December 2nd, all NFT holders can participate in the auction. The public auction will be held from December 2 to December 6, 2025, during which time the tokens can be withdrawn and staked. There was no airdrop or special allocation mechanism in this sale. Over 300,000 addresses were whitelisted and will be eligible to bid on the first day. The sale is open to users worldwide, including U.S. citizens. Contributor Qualification Certification Rules Participated in one or more of the following: Aztec Testnet Sequencer and Proofer ETH exclusive stakers include selected StakeCat ETH operators, Obol Silver, Rocketpool, LidoCSM, and Stakers Union. zk.money user Active community members Uniswap traders (3000 traders randomly selected from those active in the past 30 days). Nansen's Ice, North, and Star levels. In addition, the Genesis Sequencing Nodes are also included, and the top 200 high-quality node operators who have performed well on the Aztec testnet are also eligible to participate. Auction Method: Continuous Liquidation Auction Agreement Uniswap has announced the launch of the Continuous Clearing Auction Protocol (CCA), a customizable protocol for launching liquidity and issuing tokens on Uniswap v4. The protocol was designed in partnership with Aztec, who provided a ZK Passport module for private and verifiable participation. The team commits a portion of the token supply to a public auction, setting a duration and a reserve price. Price discovery bidders place orders, which are then split within the auction block, with each split order liquidated at the predetermined market price. When the long-term liquidity auction ends, tokens will be distributed and a Uniswap V4 liquidity pool will be created at the discovered price. Token Economics The Aztec white paper shows that the total supply of AZTEC Genesis tokens is 10,350,000,000, allocated as follows: 27.26% to investors and early backers, 21.06% to the core team, 11.71% to the Foundation, 10.73% to ecosystem grants, 14.95% to the Phase 2 public auction, 1.93% to the Phase 1 Genesis Sequential Sale, 2.44% to the Bilateral Sale, 2.64% to the Uniswap V4 liquidity pool, 4.89% to future incentives, and 2.41% to Y1 Network Rewards. The token sale represents 21.96% of the total, corresponding to 2,272,500,000 tokens. These tokens will be owned by token holders and the foundation at launch. Token features include Sequencer Staking: Tokens will be used to secure the network through staking by Aztec validators (the "Sequencers"), who are responsible for generating blocks on the Aztec network. Token holders who do not operate the Sequencers can choose to delegate their tokens to them. Governance: Token holders can participate in the governance of the Aztec network (“Aztec Governance”). Execution Environment: If the network is upgraded through Aztec governance in the future to support a smart contract execution environment, the tokens will be used to pay transaction fees on the Aztec network. 12 months after the token sale begins (November 13, 2025) Aztec governance allows for adjustments to the total token supply, including annual issuance at a capped percentage. If the execution environment is enabled, transaction fees may be regulated through a self-regulating mechanism similar to Ethereum EIP-1559. Following the token sale, the Uniswap v4 liquidity pool may provide secondary market liquidity, with the foundation planning to inject 273 million tokens into the pool. The token sale contract will automatically inject tokens into the liquidity pool in proportion to the ETH paid by the buyers. The liquidity pool will be governed and controlled by Aztec and will be locked in an immutable smart contract for at least 90 days after launch, after which the lock can be released through governance voting. Furthermore, the tokens may be listed and traded on other decentralized trading protocols or centralized exchanges. 7 years of waiting Aztec completed a $2.1 million seed round of funding at the end of 2018, followed by a new round of funding in September 2019. Then, in January 2020, Aztec Network launched its mainnet. Riding the wave of zero-knowledge mining and Level 2 computing, in December 2021, it completed a $17 million Series A funding round, led by Paradigm, with participation from prominent figures and institutions such as Vitalik Buterin. This was followed by a $100 million Series B funding round in December 2022, led by a16z. However, the impressive lineup of venture capital firms did not translate into growth for the deal. In March 2023, Aztec Network announced the phase-out of its DeFi privacy bridge project, Aztec Connect. This included disabling deposits from zk.money and other front-ends (such as zkpay.finance) into the Aztec Connect contract, and a complete abandonment of the Aztec Connect contract after one year, with all rollup functionality ceasing. Its representative responded that the decision was primarily driven by business considerations. In May 2025, it launched its public testnet, which once attracted many airdrop users. However, the newly released token economics shows that Aztec did not receive any airdrop shares. BTC has fallen below $100,000, and the market is showing signs of turning bearish. It remains to be seen how many players will actually pay the price. The real test for Aztec may have just begun.Written by: 1912212.eth, Foresight News On November 13th, Aztec, a zero-knowledge privacy technology project, announced the launch of its AZTEC token sale. The sale will offer 1.547 billion tokens, representing 14.95% of the total supply, with payment made in ETH. Regarding the sale mechanism, the project stated that it will prioritize real-time price discovery and fair participation opportunities. The starting price is set at $350 million FDV, approximately 75% lower than the implied network valuation based on the latest equity financing. Participants can mint soul-bound NFTs to confirm their participation. Registration and bidding for early participants will begin today (November 13th) at 3 PM (CET). Early participants will have a one-day exclusive early access period before the auction opens to the public. On December 1st, AZTEC will distribute the tokens to contributors and genesis bidders, and on December 2nd, all NFT holders can participate in the auction. The public auction will be held from December 2 to December 6, 2025, during which time the tokens can be withdrawn and staked. There was no airdrop or special allocation mechanism in this sale. Over 300,000 addresses were whitelisted and will be eligible to bid on the first day. The sale is open to users worldwide, including U.S. citizens. Contributor Qualification Certification Rules Participated in one or more of the following: Aztec Testnet Sequencer and Proofer ETH exclusive stakers include selected StakeCat ETH operators, Obol Silver, Rocketpool, LidoCSM, and Stakers Union. zk.money user Active community members Uniswap traders (3000 traders randomly selected from those active in the past 30 days). Nansen's Ice, North, and Star levels. In addition, the Genesis Sequencing Nodes are also included, and the top 200 high-quality node operators who have performed well on the Aztec testnet are also eligible to participate. Auction Method: Continuous Liquidation Auction Agreement Uniswap has announced the launch of the Continuous Clearing Auction Protocol (CCA), a customizable protocol for launching liquidity and issuing tokens on Uniswap v4. The protocol was designed in partnership with Aztec, who provided a ZK Passport module for private and verifiable participation. The team commits a portion of the token supply to a public auction, setting a duration and a reserve price. Price discovery bidders place orders, which are then split within the auction block, with each split order liquidated at the predetermined market price. When the long-term liquidity auction ends, tokens will be distributed and a Uniswap V4 liquidity pool will be created at the discovered price. Token Economics The Aztec white paper shows that the total supply of AZTEC Genesis tokens is 10,350,000,000, allocated as follows: 27.26% to investors and early backers, 21.06% to the core team, 11.71% to the Foundation, 10.73% to ecosystem grants, 14.95% to the Phase 2 public auction, 1.93% to the Phase 1 Genesis Sequential Sale, 2.44% to the Bilateral Sale, 2.64% to the Uniswap V4 liquidity pool, 4.89% to future incentives, and 2.41% to Y1 Network Rewards. The token sale represents 21.96% of the total, corresponding to 2,272,500,000 tokens. These tokens will be owned by token holders and the foundation at launch. Token features include Sequencer Staking: Tokens will be used to secure the network through staking by Aztec validators (the "Sequencers"), who are responsible for generating blocks on the Aztec network. Token holders who do not operate the Sequencers can choose to delegate their tokens to them. Governance: Token holders can participate in the governance of the Aztec network (“Aztec Governance”). Execution Environment: If the network is upgraded through Aztec governance in the future to support a smart contract execution environment, the tokens will be used to pay transaction fees on the Aztec network. 12 months after the token sale begins (November 13, 2025) Aztec governance allows for adjustments to the total token supply, including annual issuance at a capped percentage. If the execution environment is enabled, transaction fees may be regulated through a self-regulating mechanism similar to Ethereum EIP-1559. Following the token sale, the Uniswap v4 liquidity pool may provide secondary market liquidity, with the foundation planning to inject 273 million tokens into the pool. The token sale contract will automatically inject tokens into the liquidity pool in proportion to the ETH paid by the buyers. The liquidity pool will be governed and controlled by Aztec and will be locked in an immutable smart contract for at least 90 days after launch, after which the lock can be released through governance voting. Furthermore, the tokens may be listed and traded on other decentralized trading protocols or centralized exchanges. 7 years of waiting Aztec completed a $2.1 million seed round of funding at the end of 2018, followed by a new round of funding in September 2019. Then, in January 2020, Aztec Network launched its mainnet. Riding the wave of zero-knowledge mining and Level 2 computing, in December 2021, it completed a $17 million Series A funding round, led by Paradigm, with participation from prominent figures and institutions such as Vitalik Buterin. This was followed by a $100 million Series B funding round in December 2022, led by a16z. However, the impressive lineup of venture capital firms did not translate into growth for the deal. In March 2023, Aztec Network announced the phase-out of its DeFi privacy bridge project, Aztec Connect. This included disabling deposits from zk.money and other front-ends (such as zkpay.finance) into the Aztec Connect contract, and a complete abandonment of the Aztec Connect contract after one year, with all rollup functionality ceasing. Its representative responded that the decision was primarily driven by business considerations. In May 2025, it launched its public testnet, which once attracted many airdrop users. However, the newly released token economics shows that Aztec did not receive any airdrop shares. BTC has fallen below $100,000, and the market is showing signs of turning bearish. It remains to be seen how many players will actually pay the price. The real test for Aztec may have just begun.

Aztec launches public sale; quick overview of auction details and token economics.

2025/11/16 09:34

Written by: 1912212.eth, Foresight News

On November 13th, Aztec, a zero-knowledge privacy technology project, announced the launch of its AZTEC token sale. The sale will offer 1.547 billion tokens, representing 14.95% of the total supply, with payment made in ETH. Regarding the sale mechanism, the project stated that it will prioritize real-time price discovery and fair participation opportunities. The starting price is set at $350 million FDV, approximately 75% lower than the implied network valuation based on the latest equity financing. Participants can mint soul-bound NFTs to confirm their participation.

Registration and bidding for early participants will begin today (November 13th) at 3 PM (CET). Early participants will have a one-day exclusive early access period before the auction opens to the public. On December 1st, AZTEC will distribute the tokens to contributors and genesis bidders, and on December 2nd, all NFT holders can participate in the auction.

The public auction will be held from December 2 to December 6, 2025, during which time the tokens can be withdrawn and staked.

There was no airdrop or special allocation mechanism in this sale. Over 300,000 addresses were whitelisted and will be eligible to bid on the first day. The sale is open to users worldwide, including U.S. citizens.

Contributor Qualification Certification Rules

Participated in one or more of the following:

  • Aztec Testnet Sequencer and Proofer
  • ETH exclusive stakers include selected StakeCat ETH operators, Obol Silver, Rocketpool, LidoCSM, and Stakers Union.
  • zk.money user
  • Active community members
  • Uniswap traders (3000 traders randomly selected from those active in the past 30 days).
  • Nansen's Ice, North, and Star levels.

In addition, the Genesis Sequencing Nodes are also included, and the top 200 high-quality node operators who have performed well on the Aztec testnet are also eligible to participate.

Auction Method: Continuous Liquidation Auction Agreement

Uniswap has announced the launch of the Continuous Clearing Auction Protocol (CCA), a customizable protocol for launching liquidity and issuing tokens on Uniswap v4. The protocol was designed in partnership with Aztec, who provided a ZK Passport module for private and verifiable participation.

The team commits a portion of the token supply to a public auction, setting a duration and a reserve price. Price discovery bidders place orders, which are then split within the auction block, with each split order liquidated at the predetermined market price.

When the long-term liquidity auction ends, tokens will be distributed and a Uniswap V4 liquidity pool will be created at the discovered price.

Token Economics

The Aztec white paper shows that the total supply of AZTEC Genesis tokens is 10,350,000,000, allocated as follows: 27.26% to investors and early backers, 21.06% to the core team, 11.71% to the Foundation, 10.73% to ecosystem grants, 14.95% to the Phase 2 public auction, 1.93% to the Phase 1 Genesis Sequential Sale, 2.44% to the Bilateral Sale, 2.64% to the Uniswap V4 liquidity pool, 4.89% to future incentives, and 2.41% to Y1 Network Rewards.

The token sale represents 21.96% of the total, corresponding to 2,272,500,000 tokens. These tokens will be owned by token holders and the foundation at launch.

Token features include

  • Sequencer Staking: Tokens will be used to secure the network through staking by Aztec validators (the "Sequencers"), who are responsible for generating blocks on the Aztec network. Token holders who do not operate the Sequencers can choose to delegate their tokens to them.
  • Governance: Token holders can participate in the governance of the Aztec network (“Aztec Governance”).
  • Execution Environment: If the network is upgraded through Aztec governance in the future to support a smart contract execution environment, the tokens will be used to pay transaction fees on the Aztec network.

12 months after the token sale begins (November 13, 2025)

  • Aztec governance allows for adjustments to the total token supply, including annual issuance at a capped percentage.
  • If the execution environment is enabled, transaction fees may be regulated through a self-regulating mechanism similar to Ethereum EIP-1559.

Following the token sale, the Uniswap v4 liquidity pool may provide secondary market liquidity, with the foundation planning to inject 273 million tokens into the pool. The token sale contract will automatically inject tokens into the liquidity pool in proportion to the ETH paid by the buyers. The liquidity pool will be governed and controlled by Aztec and will be locked in an immutable smart contract for at least 90 days after launch, after which the lock can be released through governance voting. Furthermore, the tokens may be listed and traded on other decentralized trading protocols or centralized exchanges.

7 years of waiting

Aztec completed a $2.1 million seed round of funding at the end of 2018, followed by a new round of funding in September 2019. Then, in January 2020, Aztec Network launched its mainnet. Riding the wave of zero-knowledge mining and Level 2 computing, in December 2021, it completed a $17 million Series A funding round, led by Paradigm, with participation from prominent figures and institutions such as Vitalik Buterin. This was followed by a $100 million Series B funding round in December 2022, led by a16z.

However, the impressive lineup of venture capital firms did not translate into growth for the deal.

In March 2023, Aztec Network announced the phase-out of its DeFi privacy bridge project, Aztec Connect. This included disabling deposits from zk.money and other front-ends (such as zkpay.finance) into the Aztec Connect contract, and a complete abandonment of the Aztec Connect contract after one year, with all rollup functionality ceasing. Its representative responded that the decision was primarily driven by business considerations.

In May 2025, it launched its public testnet, which once attracted many airdrop users. However, the newly released token economics shows that Aztec did not receive any airdrop shares.

BTC has fallen below $100,000, and the market is showing signs of turning bearish. It remains to be seen how many players will actually pay the price. The real test for Aztec may have just begun.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

MoneyGram launches stablecoin-powered app in Colombia

MoneyGram launches stablecoin-powered app in Colombia

The post MoneyGram launches stablecoin-powered app in Colombia appeared on BitcoinEthereumNews.com. MoneyGram has launched a new mobile application in Colombia that uses USD-pegged stablecoins to modernize cross-border remittances. According to an announcement on Wednesday, the app allows customers to receive money instantly into a US dollar balance backed by Circle’s USDC stablecoin, which can be stored, spent, or cashed out through MoneyGram’s global retail network. The rollout is designed to address the volatility of local currencies, particularly the Colombian peso. Built on the Stellar blockchain and supported by wallet infrastructure provider Crossmint, the app marks MoneyGram’s most significant move yet to integrate stablecoins into consumer-facing services. Colombia was selected as the first market due to its heavy reliance on inbound remittances—families in the country receive more than 22 times the amount they send abroad, according to Statista. The announcement said future expansions will target other remittance-heavy markets. MoneyGram, which has nearly 500,000 retail locations globally, has experimented with blockchain rails since partnering with the Stellar Development Foundation in 2021. It has since built cash on and off ramps for stablecoins, developed APIs for crypto integration, and incorporated stablecoins into its internal settlement processes. “This launch is the first step toward a world where every person, everywhere, has access to dollar stablecoins,” CEO Anthony Soohoo stated. The company emphasized compliance, citing decades of regulatory experience, though stablecoin oversight remains fluid. The US Congress passed the GENIUS Act earlier this year, establishing a framework for stablecoin regulation, which MoneyGram has pointed to as providing clearer guardrails. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/moneygram-stablecoin-app-colombia
Share
BitcoinEthereumNews2025/09/18 07:04
Standard Chartered: Bitcoin Halving Cycles Are Over

Standard Chartered: Bitcoin Halving Cycles Are Over

The post Standard Chartered: Bitcoin Halving Cycles Are Over appeared on BitcoinEthereumNews.com. Banking giant Standard Chartered believes that Bitcoin’s four-year cycles are already over.  Historically, Bitcoin price movements have been strongly tied to “halving” events (when the block reward for mining Bitcoin is cut in half, roughly every 4 years). Typically, prices would peak about 18 months after a halving. However, Standard Chartered argues that this old logic no longer reliably predicts price cycles following the introduction of Bitcoin ETFs in the U.S.  The rationale is that ETFs make Bitcoin more accessible to mainstream investors. For this new dynamic to be proven, BTC would need to break its current all-time high of $126,000. They expect this breakout could happen in the first half of 2026.  Standard Chartered has also lowered its BTC price predictions for the following years (from $200,000 to $100,000 in 2025, from $300,000 to $200,000 in 2026, from $400,000 to $225,000 in 2027, and from $500,000 to $300,000).  You Might Also Like Bitcoin is currently changing hands at $90,397, according to CoinGecko data.  On the same page  Apart from Standard Chartered, there are quite a few analysts and market watchers who argue that the traditional Bitcoin halving cycle is no longer relevant.  In a recent research note, Bernstein analysts assert that the traditional four‑year halving cycle is effectively over due to Bitcoin ETFs dominating the scene. CryptoQuant CEO Ki Young Ju also claims that the flagship cryptocurrency no longer follows four-year cycles, citing institutional buying power.  That said, it remains to be seen whether BTC will be able to reclaim its current all-time high next year.  Source: https://u.today/standard-chartered-bitcoin-halving-cycles-are-over
Share
BitcoinEthereumNews2025/12/10 02:46