[PRESS RELEASE – Hong Kong, Hong Kong, June 20th, 2024] Zeek has completed a USD 3M seed funding round from investors, including OKX Ventures, Animoca Brands, and Mask Network Zeek will be changing the way social collaboration works in SocialFi through the use of reputation mechanisms The Tier-0 Genesis NFT collection, limited to 250, will…
[PRESS RELEASE – Singapore, Singapore, June 19th, 2024] SynFutures, the leading DeFi derivatives protocol, today announced its plans to expand to Base, Coinbase’s L2 network. To mark this milestone, SynFutures is launching “Meme Perp Summer,” a six-week campaign blitz aimed at expanding its community asset listings and rewarding the meme communities driving organic traction on…
Australian Securities and Investments Commission (ASIC) stated on Tuesday that it had appealed the federal court’s decision to relieve Web3 Ventures Pty Ltd., trading as Block Earner, from liability to pay a penalty for offering unlicensed financial services through its crypto-related Earner product. On June 4, the court found Block Earner’s contraventions serious but exempted…
Leading cryptocurrency exchange Kraken’s chief security officer Nick Percoco has revealed that an undisclosed white-hat hacker group has refused to return digital assets worth roughly $3 million, which they stole from the platform’s treasury by exploiting a bug in its system. In a series of X posts, Percoco said the security researchers are demanding that…
The Securities and Exchange Commission of the Philippines issued an advisory on Wednesday to inform the public that Skyline Crypto and Dry Goods Trading is not authorized to solicit investments from the public. The company has been offering investment opportunities online, promising returns of 35% in 15 days and rewards like smartphones and vehicles. Skyline…
The National Australia Bank recently abandoned its stablecoin initiative, and the development team behind the project is now involved with the Ubiquity stablecoin. The Australian bank’s decision to shelve the stablecoin project shows that startups are better positioned to innovate or adapt than established banks. NAB Team Joins Ubiquity The National Australia Bank (NAB) recently…
New platforms and cutting-edge technologies are always appearing in the cryptocurrency space to draw in investors. This article delves into the unique features and market influences of three notable crypto entities: Dogecoin, Shiba Inu, and BlockDAG. We will discuss their distinctive offerings and examine why BlockDAG’s capabilities in developing meme coins using low-code/no-code technology positions…
Two Utah residents have been indicted for operating an unlicensed money-transmitting business, converting over $2.5 million into cryptocurrency, according to the U.S. Department of Justice (DOJ). The two were arrested over the weekend in Washington County. Utah Men Arrested for Illegal Cryptocurrency Transactions The U.S. Department of Justice and the U.S. Attorney’s Office for the…
The International Monetary Fund (IMF) says 19 countries in the Middle East and Central Asia, including Bahrain, Georgia, Saudi Arabia, and the UAE, are in the advanced “proof-of concept” stage for central bank digital currencies (CBDCs). “We support policymakers evaluating the need to issue a CBDC and help them craft strong policies and regulatory frameworks…
Avalanche’s AVAX shows potential for a bullish reversal, especially after experiencing a 5% surge. Meanwhile, Solana Pay enhances the crypto payment experience with its recent integration into Shopify. Amid these developments, BlockDAG stands out with its ambitious price predictions and promising future, solidified by the recent insights from Keynote 2. With bold predictions of $10…