Search Results for: Design

Animoca Brands' Benji Bananas to Introduce New Token BENJI, Replacing Hacked PRIMATE

​​Animoca Brands’ popular game Benji Bananas announced on July 17, 2023, the launch of a new token, BENJI, which will replace the existing PRIMATE token. The decision came after a security breach months ago led to the theft of approximately 30 million PRIMATE tokens, accounting for 20% of the tokens in circulation. The new BENJI … Continue reading Animoca Brands' Benji Bananas to Introduce New Token BENJI, Replacing Hacked PRIMATE

OpenAI's CEO Expresses Disappointment Over FTC's Leak, Affirms Confidence in Protecting User Privacy

OpenAI’s CEO Sam Altman has publicly responded to the U.S. Federal Trade Commission’s (FTC) investigation into the company’s AI chatbot, ChatGPT. The FTC’s probe was examining whether OpenAI has breached consumer protection laws, potentially putting users’ personal data and reputations at risk. In a series of tweets,Sam expressed disappointment over the FTC’s approach, “It is … Continue reading OpenAI's CEO Expresses Disappointment Over FTC's Leak, Affirms Confidence in Protecting User Privacy

Bitwise ETF BITQ Surpasses $100M in Cypto Assets Under Management

Bitwise Asset Management, a leading crypto asset manager, has announced that its Crypto Industry Innovators ETF (NYSE: BITQ) recently surpassed $100 million in assets under management. This milestone comes amid a turning point for the crypto sector, which has seen positive industry developments, strong market performance, and growing investor interest throughout 2023. As of June … Continue reading Bitwise ETF BITQ Surpasses $100M in Cypto Assets Under Management

Chinese Authorities Crack Down on 54.8 Million USDT Money Laundering Scheme

On July 18, 2023, Chinese authorities in Qingshui County, Jincheng City, Shanxi Province successfully cracked a money laundering case involving the use of the cryptocurrency Tether (USDT). The operation led to the arrest of 21 suspects, the seizure of over 40 mobile phones, and the confiscation of cash and USDT worth over 1 million yuan. … Continue reading Chinese Authorities Crack Down on 54.8 Million USDT Money Laundering Scheme

CITD and XBE Pioneer Innovation with Launch of World's First DOT Standard 3+2 STO and NSTO

China Information Technology Development Limited (CITD) and Xtreme Business Enterprises (XBE) have announced the successful launch of the world’s first Digital Ownership Token (DOT) Standard 3+2 Security Token Offering (STO) and Non-Security Token Offering (NSTO). This marks a significant milestone in the evolution of blockchain assets and the development of Web 5. CITD, a leading … Continue reading CITD and XBE Pioneer Innovation with Launch of World's First DOT Standard 3+2 STO and NSTO

CoinFund Secures $158M for Seed IV Fund, Surpassing Initial Goal

According to Blockchain.News, CoinFund has successfully raised $158 million for its Seed IV Fund, exceeding its initial target of $125 million. This achievement underscores the firm’s commitment to fostering innovation in the web3 ecosystem. CoinFund, a leading cryptonative investment firm, has been making waves in the industry since its inception in 2015. The firm was … Continue reading CoinFund Secures $158M for Seed IV Fund, Surpassing Initial Goal

OKX Founder Star Xu Advocates for Compliance Controls while questioning UniSat Wallet

Star Xu, the founder of OKX, emphasized the importance of compliance controls in the crypto industry. Xu’s comments come amid a growing focus on regulatory compliance within the sector. On July 17, 2023, Xu tweeted, “At the current industry environment, all centralized swaps, exchanges, bridges without fully compliance controls including KYC, AML, and others will … Continue reading OKX Founder Star Xu Advocates for Compliance Controls while questioning UniSat Wallet

INX to Tokenize and List Casper Labs Equity on Regulated ATS Platform

Accordint to Blockchain.News, INX Digital Company, Inc. (NEO: INXD, INXATS: INX, OTCQB: INXDF), a US-regulated broker-dealer, ATS, and transfer agent, announced on July 19, 2023, that it will tokenize and list the equity of Casper Labs, a leading enterprise blockchain software provider. Casper Labs has chosen INX as its preferred platform for tokenizing and listing … Continue reading INX to Tokenize and List Casper Labs Equity on Regulated ATS Platform

BNB Chain: Driving the Next Billion User Revolution in Web3, NFTs, and the Metaverse – An Exclusive Interview

Blockchain technology has been a game-changer, fueling the rise of decentralized applications and introducing novel concepts like Web3, NFTs, and the Metaverse. Leading this significant transition is BNB Chain, a platform dedicated to creating cross-chain/multi-chain infrastructure and interoperability. They aim to lay the groundwork for the next 1 billion Web3 users, making it effortless for … Continue reading BNB Chain: Driving the Next Billion User Revolution in Web3, NFTs, and the Metaverse – An Exclusive Interview

60k BTC and 60k ETH on Justin Sun's Tron Seem Unbacked

Crypto analyst ErgoBTC has raised serious questions about the backing of TRC20 BTC tokens on the Tron network in a series of tweets. The analyst suggests that 60,000 of these tokens, currently parked in the JustLend protocol, appear to have never been backed. This implies an unbacked (non-existent) Total Value Locked (TVL) of $1.8 billion, … Continue reading 60k BTC and 60k ETH on Justin Sun's Tron Seem Unbacked

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