crypto
The Cosmos community recently passed a proposal requested by Dora Factory and DoraGacks to approve a $1 million grant from the community treasury. The grant will support ten rounds of funding through native token ATOM, over the next two years. Cosmos holders digest news of $1 million grant to public goods funding protocolCosmos passed the Governance Proposal No.917 to approve a $1 million grant from the Hub’s community treasury to Dora Factory and DoraHacks, for public goods funding. In web3, public goods are infrastructure that are available for everyone to use. In crypto, public goods are st...
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Shiba Inu unveiled its decentralized exchange ShibaSwap on Shibarium. The major update to the interface will allow users to optimize their trading strategies and manage liquidity across blockchains. SHIB price responded positively as traders digested the announcement, with 4% gains on Wednesday. Shiba Inu users can benefit from liquidity pools on ShibariumThe Shiba-Inu-themed meme coin project Shiba Inu unveiled changes to its Layer 2 chain and the Shibarium, its decentralized exchange, in an official tweet on X, early on Wednesday. The decentralized exchange ShibaSwap will power the creation ...
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Shiba Inu’s decentralized exchange platform, ShibaSwap, has officially launched on Shibarium, the project’s layer-2 scaling solution. This move marks a pivotal moment for the Shiba Inu (SHIB) ecosystem, unlocking new functionalities and opportunities for users. With ShibaSwap now live on Shibarium, the community can expect enhanced trading capabilities, increased liquidity provision options, and a seamless user experience bridging Ethereum and Shibarium networks. Unlocking new possibilities for usersThe integration of ShibaSwap with Shibarium opens up a myriad of possibilities for the Shiba In...
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In a bold move towards bolstering privacy and security within its ecosystem, Worldcoin has unveiled a groundbreaking Secure Multi-Party Computation (SMPC) system, accompanied by the secure deletion of old iris codes. This development has sent ripples through the cryptocurrency market, particularly impacting Worldcoin’s native token, WLD, which has experienced a significant surge in value. Wordcoin advancing privacy and security with SMPCWorldcoin’s introduction of the SMPC system marks a significant leap forward in biometric data protection. Developed in collaboration with cryptography enginee...
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In a first-of-its-kind case, the U.S. Department of Justice has arrested and charged two brothers, Anton Peraire-Bueno and James Pepaire-Bueno, for orchestrating a sophisticated attack on the Ethereum blockchain. The accusations against the two brothers allege that the brothers executed a novel scheme to exploit the Ethereum network, resulting in the fraudulent acquisition of approximately $25 million worth of cryptocurrency in just 12 seconds. How the Ethereum heist was executedThe DOJ indictment unveils a meticulously planned operation by the Peraire-Bueno brothers, leveraging their expertis...
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Mastercard (NYSE: MA) and Standard Chartered Bank Hong Kong (SCBHK) have successfully completed the first live test of tokenised deposits using blockchain technology within Hong Kong’s fintech sandbox. This initiative marks a significant step forward in exploring the potential of blockchain in revolutionising banking transactions and asset management. Tokenised deposits using Mastercard’s Multi-Token NetworkThe successful execution of tokenized deposits highlights the growing synergy between traditional banking institutions and cutting-edge fintech solutions. Through the Mastercard Multi-Token...
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UK authorities have shut down Amey Finance Academy, a cryptocurrency advisory firm, following a High Court order on April 30. The Insolvency Service discovered that the firm, directed by Desmond Amey, misled investors about the security of their investments in cryptocurrency schemes. Tricking unsuspecting usersThe investigation revealed that Amey Finance Academy provided false assurances to investors. One investor was told their investment wouldn’t drop below 90%, yet they lost their entire investment. In WhatsApp messages, Amey told another investor their investments were “100 certy” and to “...
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The State of Wisconsin’s Investment Board (SWIB) created in 1951 has invested over $160 million in BlackRock’s spot Bitcoin ETF IBIT and Grayscale’s GBTC. The investment marks a move by the US state to adopt the asset alongside other investment vehicles for public pensions and trust funds. A key piece of crypto legislation will soon be put to vote in the Congress, The Financial Innovation and Technology for the 21st Century Act (FIT21). US State of Wisconsin bullish on Bitcoin?The US State of Wisconsin is likely bullish on Bitcoin as the investment board declares an investment of $99 million i...
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GameStop shares are trading 154% higher in 2024, compared to Bitcoin’s yearly gains of 129%. While Bitcoin’s gains came from the approval of Spot BTC ETF in the US and the fourth halving event, between January and April 2024, GameStop piled a majority of its gains on Monday and Tuesday. Legendary trader “Roaring Kitty” surfaced on X, with his tweets, catalyzing a rally in GameStop stock and meme coins on Solana. Dog and cat themed meme coins and memes that are named after (not affiliated with) the trader and the American consumer electronics firm, ROAR and GME yielded over 1,000% gains overnig...
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Deutsche Bank, a leading German multinational investment bank, has announced its latest move in the crypto and blockchain space. As well as MAS, the collaboration also includes Web3 interoperability platform Axelar Network and Memento Blockchain. Deutsche Bank joins MAS’ Project GuardianOn Tuesday, the financial services giant said it is joining Project Guardian, Monetary Authority of Singapore’s asset tokenization program. Deutsche Bank will use the partnership to explore the “feasibility of asset tokenization applications in regulated financial markets,” it said in a press release. In partic...
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