Alethea Artificial Liquid Intelligence Token(ALI)

The Gemini crypto exchange is working on launching an international crypto derivatives exchange to fill the hole left in the derivatives market by the FTX ecosystem collapse. Gemini To Offer Risky Perpetual Futures Gemini, the brainchild of the Winklevoss twins, could be the next big derivatives service provider. According to reports from sources close to the matter, the crypto exchange has been reaching out to trading firms to serve as market makers to launch an overseas derivatives exchange. It is interesting to note that the platform will be specifically offering perpetual futures. This type of derivative does not have an expiry date and thus can be traded with significant leverage. Therefore, it is considered a highly risky product and banned for retail trading in the United States. Will SEC Disapprove? It will be interesting to note how the operation pans out, as the company has already been in hot water with the U.S. Securities and Exchange Commission (SEC) for allegedly selling unregistered securities. The SEC is not going to be too happy about the company’s perpetual futures offering. Even though the matter would be outside its jurisdiction, it could irk the regulatory body enough to make matters difficult for Gemini. In January 2023, the company had to lay off 10% of its workforce after being caught up in the Genesis bankruptcy. Regulatory Trouble For Derivatives Providers Furthermore, other regulatory bodies are also toughening up on crypto firms, especially those offering crypto derivatives services. For example, the Commodity Futures Trading Commission (CFTC) has recently sued the Binance crypto exchange on charges of violating U.S. derivatives law. Binance Australia also had to shut down the crypto derivatives accounts of some wholesale investors who did not fit the criteria. (The exchange does not allow retail investors to participate in crypto derivatives trading on its platform.) Gemini’s Bid For Overseas With FTX gone and now Binance embroiled in legal troubles, there is a significant market share up for grabs in international derivatives trading. In fact, even Coinbase had indicated plans to grab a chunk of this market share by launching an overseas platform to offer perpetual futures derivatives. However, as the crypto trading platform is likely going to face enforcement action from the SEC, as indicated by the Wells notice, Gemini could beat Coinbase to the overseas derivatives race. As one of the co-founders of Gemini, Cameron Winklevoss believes that the next bull run would come from Asia, the company’s international expansion makes even more sense. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Singapore, Singapore, 30th March, 2023, ChainwireCore is a novel layer one blockchain that is pushing the boundaries within the crypto space. Inspired by Bitcoin and Ethereum, Core progresses beyond those blockchain behemoths by synthesizing each of their superpowers. A student of blockchain history, philosophy, and innovation, Core optimally balances decentralization, security, and scalability.Without Core’s advancements, crypto has been plagued by the “Blockchain Trilemma,” which states that decentralization, security, and scalability can never be achieved simultaneously. Tackling the Trilemma head-on, Core DAO contributors have designed a unique consensus mechanism known as Satoshi Plus, which marries the decentralization and security of Bitcoin’s Proof of Work (PoW) with the scalability of Delegated Proof of Stake (DPoS).With Satoshi Plus consensus, both Bitcoin miners and CORE token holders can participate in network security by delegating their BTC hash power and staked CORE to a decentralized set of validators. With Bitcoin’s decentralization and DPoS’ scalability, validators on Core can securely and quickly produce blocks and validate transactions. Given this ingenious synthesis of blockchain principles, Core DAO contributors must now be considered thought leaders in blockchain innovation.Continuing to leverage the best features of all blockchains, Core is also EVM-compatible, allowing for the easy implementation of smart contract applications from Ethereum-based chains. The choice of EVM-compatibility, like other Core design choices, results from years of research into the trade-offs of other chains. This student-like approach allows Core to embody the essence of blockchain philosophy centered on decentralization and freedom.Inspired by philosophy and innovation, Core’s massive and enthusiastic community constitutes over 1.7 million followers on Twitter and over 239,000 members on Discord. Carrying over to on-chain activity, the recent CORE token airdrop was received by over 1.2 million participants, making it one of the largest smart contract interactions of all time. Looking forward, Core’s recent integrations with top-tier projects like Layer Zero are sure to lead unparalleled ecosystem development as more projects continue to see the Core opportunity.With leading builders, a growing community, and a groundbreaking consensus mechanism, Core is rising to revolutionize the blockchain space.About CoreDAOCoreDAO is a new independent blockchain powered by Satoshi Plus, an innovative consensus mechanism that directly leverages the Bitcoin mining hash rate and the Ethereum Virtual Machine (EVM) to power an optimally decentralized, secure, and scalable web3. Core DAO’s genesis and inspiration come from Bitcoin and Ethereum, but its ambition travels beyond those blockchain titans.ContactPR in chargeAntonio WuMEXC [email protected]

As blockchain technology continues to amass hype and interest, several problems still hinder the growth of this new innovation. According to a 2022 CoinGecko publication, over 40% of (3,322 out of the 8,000) cryptocurrencies listed in 2021 are dead. Most blockchain-based projects struggle to create and maintain a transparent token supply/demand structure. And coupled with the cost of maintenance and increasing energy consumption levels, these projects have found environmental and physical sustainability to be almost impossible. Another problem of mass adoption is trust. The recent FTX debacle and preceding events, the Axie Infinity failure, and the Terra/LUNA crash have dispelled trust in blockchain, a system purported to be secure and transparent. While several “community-powered” projects have launched, a few live up to the claim. The current DAO and governance approach incorporated by most projects means wealthier users can buy more tokens to change voting outcomes, eliminating the concept of decentralization. These problems are at the forefront of blockchain mass adoption, making it difficult to achieve. Klaytn, an open-source public blockchain for builders, workers, and players in the metaverse, has identified the ultimate trifecta for global blockchain adoption and is working to achieve it with sustainability, verifiability, and collectiveness. Klaytn Foundation’s Vision for Mass Adoption As part of its long-term vision to drive global adoption, Klaytn introduces a thoroughly crafted 2023 vision map for achieving the mass adoption trifecta. Sustainability The two profound components of a project’s sustainability are—a smart tokenomicsstructure capable of creating inherent value for the ecosystem and a well-grounded tech layer capable of supporting such an ecosystem. In line with these components, Klaytn integrates specific goals. Klaytn’s sound tokenomics and deflationary token model aspirations are stand-out features of this project. For sustainability, this public blockchain platform will continue to reschedule token releases to maintain relevance and initiate realistic targets for the right amount of tokens needed to make $KLAY a genuinely deflationary asset. It will also support activities that will guarantee mid-to-long-term token demand and supply. Taking into account the cost of running a blockchain-based ecosystem, Klaytnproposes an efficient specification for computer instances and data storage. This singular action will help the team manage nodes dexterously while reducing costs in the long run. Additionally, Klaytn will introduce new concepts such as permissionless network configurations, ecosystem treasury optimization, and token circulation monitoring that will effectively oversee the supply of new tokens based on specific criteria gathered from incumbent market conditions. Klaytn will also be on the lookout for infrastructures and services where ownership of $KLAY will guarantee holders access to these features, increasing the utility and transactional value of the token. Through exchange listings and on-chain service offerings, Klaytn hopes to attract more users. To increase the long-term sustainability of $KLAY, Klaytn will regularly burn a percentage of tokens—over 75 million $KLAY has been burned to date, and more are expected in the coming months. The Klaytn team looks to initially burn 5.28 billion (approximately 48% of the current total $KLAY supply) tokens as it seeks to keep $KLAY inherently valuable. Verifiability Trustlessness has proven to be a huge sticking point in the blockchain space. Ensuring verifiability in all situations is essential for improving the transparency of all components related to the operation of a blockchain network. In the spirit of promoting transparency and inclusivity in its governance processes, Klaytn intends to conduct frequent evaluations of community sentiment and develop a robust structure to facilitate efficient decision-making. KIP-81 will be integrated into Klaytn's mainnet, enabling users to conveniently view voting agendas, and monitor voting statuses and results live via the Klaytn Square governance portal. The Klaytn team also looks to open up access to its Governance Council, creating a process for teams interested in becoming GC members to apply directly. Collectiveness A robust ecosystem of developers and users is essential to the success of any blockchain network. This community serves as the backbone of the technology, providing the support, innovation, and governance necessary to drive adoption and ensure the security and integrity of the network. Besides enabling seamless onboarding of developers, Klaytn is integrating new measures to encourage active participation and community involvement. With the aim of providing a hassle-free development environment, Klaytn is set to unveil a suite of ecosystem service tools, including a trustless bridge, developer SDKs that seamlessly integrate with multiple services, and a metaverse package. As a public blockchain for all, Klaytn promises to be a community-powered project where users and developers are essential members. With that vision in mind, Klaytnwill hold regular developer meet-ups to provide direct communication and feedback channels with the Klaytn core development team. As it seeks to build on the spirit of collectivism, Klaytn also looks to establish “Proof of Hodl” communication touchpoints on its governance portal Klaytn Square, providing participants who contribute directly to the Klaytn ecosystem with opportunities to participate in governance and more. Through its meticulously-crafted vision map, Klaytn aims to achieve the trifecta of mass adoption —sustainability, verifiability, and collectiveness—taking a giant step towards driving global adoption and rekindling users’ trust in blockchain projects. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

It is no secret that exchanges have continued to play a vital role in the growth of the burgeoning cryptocurrency ecosystem, providing enthusiasts with a platform for trading digital assets seamlessly. They serve as intermediaries connecting buyers and sellers, enabling them to exchange cryptocurrencies for other digital assets or fiat currencies. One of the main benefits of traditional crypto exchanges is their simplicity and user-friendly interfaces. These platforms typically offer a more straightforward and convenient experience compared to decentralized alternatives, making it easier for beginners to enter the world of cryptocurrencies. Moreover, they offer a high level of liquidity, something that is essential for efficient trading, as it allows users to quickly buy or sell assets without causing significant price fluctuations. Lastly, traditional crypto exchanges often offer higher customer support and security. Since these platforms are managed by a central authority, they can invest in dedicated customer service teams that assist users with any issues or questions they may encounter. In this article, we will list out some of the best up-and-coming cryptocurrency exchanges. So without any further ado, let&rsquo;s jump straight into the heart of the matter. Public One of the fastest growing, most trustworthy $0 commission platforms in the market today, Public offers a comprehensive investment platform that empowers individuals to diversify their portfolios via a range of assets, including stocks, ETFs, treasuries, cryptocurrencies, artwork, and collectibles. On a technical note, the platform offers tailored company metrics, up-to-the-minute market analyses, live shows on market trends, and much more. Public is a fully regulated broker-dealer but provides protection of up to $500,000 for any securities contained in its users' accounts. Additionally, the platform implements bank-grade security measures such as AES 128-bit encryption, TLS for secure data transmission, and default two-factor authentication (for an additional layer of protection). Since its inception in 2019, Public has attracted over $300 million in investments. The platform's esteemed investors include Accel, Tiger Global, Sean 'Diddy' Combs, Will Smith (Dreamers VC), Maria Sharapova, Tony Hawk, The Chainsmokers' Mantis VC, and Shari Redstone's Advancit Capital. MaskEX One of the fastest-growing exchanges in the market today, MaskEX is a trading platform that focuses on delivering a secure and user-friendly trading experience. Featuring an intuitive interface, it caters to both novice and experienced traders, offering a wide range of cryptocurrencies for portfolio diversification. Moreover, it comes with advanced trading tools, including real-time charting features, various order types, and in-depth market data, enabling users to make informed decisions and execute their strategies effectively. Security is a top priority for MaskEX, as evidenced by the fact that the platform features multi-tiered security protocols to protect users' assets and personal information. These measures include utilizing cold storage for a majority of its funds, distributed storage systems, multi-signature technology, two-factor authentication (2FA), and encrypted SSL connections. Recently, MaskEX launched several promotional campaigns aimed at enhancing its clients' profit potential. One such initiative is the "Purchase and Earn" campaign for P2P traders, where users who purchase USDT on MaskEX P2P with supported fiat currencies during the campaign period can participate in a $500 prize pool. Another campaign revolves around the MaskEX Virtual Card, where users who make purchases using the card during the promotional period stand a chance to share in a $1,000 prize pool. Both campaigns will run from April 1st to April 30th. Pionex Pionex.US stands out as the top choice for automated trading in the cryptocurrency sphere due to its integrated auto-trading bots, competitive fee structure, and user-friendly interface. Launched in 2019, the Singapore-based Pionex has gained significant traction online by offering an affordable fee schedule along with a suite of 16 built-in trading bots. The US counterpart, Pionex.US, provides spot trading and features 11 available bots, making it the most comprehensive automated solution for cryptocurrency trading. The platform boasts a range of bots with diverse functionalities, such as purchasing at a dollar-cost average for a single sell-off, automatically creating and rebalancing an index, and implementing various strategies for buying low and selling high. Furthermore, Pionex.US maintains an attractive maker/taker fee structure for spot trades, similar to its global counterpart. Depending on the crypto pairing, fees range from 0.05% to 0% and apply to both manual and bot-assisted trades. While the platform excels in offering manual and automated trading options, tutorial resources, and customer support, it does have some limitations. For example, it is unavailable in certain states across the US, lacks some key fiat withdrawal options, and has insufficient bot tutorials/explanations on the company website. PrimeXBT PrimeXBT is another promising cryptocurrency trading platform that offers a wide array of financial instruments and advanced trading tools to traders from over 150 countries. One of its standout features is its extensive product offering, which enables users to trade cryptocurrencies, forex, commodities, and stock indices, all from a single account. Additionally, PrimeXBT offers a highly competitive fee structure and employs advanced trading technology to ensure a seamless experience for its clients. The platform supports leveraged trading, offering up to 100x leverage for cryptocurrencies and even higher leverage for other asset classes, enabling traders to capitalize on market opportunities with minimal initial capital. Additionally, the platform delivers an ultra-fast order execution rate (< 7.12 ms on average) and an industry-leading trade engine with real-time risk management. Lastly, all transactions taking place within the PrimeXBT ecosystem are secured using the Amazon AWS framework. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Rich Dad Poor Dad author and billionaire entrepreneur Robert Kiyosaki has urged Twitter followers to buy Bitcoin, gold, silver, and top brands before they become too expensive. In one of his latest Twitter posts, Robert Kiyosaki tweeted &ldquo;Rising interest rates killing capitalism&rdquo; and &ldquo;Buy before systemic inflation is in control&rdquo;. His recommendations of what to buy include bitcoin, gold, silver, and the rich brands. SHOP til YOU DROP. Retail prices dropping. Rising interest rates killing capitalism. Rich brands on sale. Buy before systemic inflation is in control. Inflation is systemic not transitory. Buy Prada, Panerai, Polo, gold, silver, BC before brands become expensive. F&rsquo; poverty. &mdash; Robert Kiyosaki (@theRealKiyosaki) March 29, 2023 Kiyosaki has never minced his words when referring to the monetary system and what he perceives as the rapidly falling value of the dollar and all other fiat currencies. He has been scathing of the Federal Reserve, and other central banks, and has recommended that investors pull their cash out of the banking system and put it into &ldquo;real money&rdquo; such as gold, silver, and bitcoin. Kiyosaki is aware that his tweets and podcasts often attract a lot of detractors, but says &ldquo;even if you choke on my two emergency podcasts, please listen, then decide what you want to do.&rdquo; He adds: &ldquo;If you trust our government, banks & Wall Street PLEASE STOP FOLLOWING ME.&rdquo; Quite possibly, besides the recent podcasts, featuring Andy Schectman, many of the haters are upset with Kiyosaki&rsquo;s oft-used phrase of DCB - Deception, Betrayal, and Collusion, which he accuses banks, Wall Street, and government of. With recent bank failures, and the actions of the Federal Reserve and other central banks, in promising potentially trillions of dollars in value with which to prop up any other of the large to medium sized banks in difficulties, it&rsquo;s not difficult to imagine that Kiyosaki&rsquo;s voice will sit well with investors and depositors who have much to gain or lose. Kiyosaki has made himself a fortune by investing in real-estate and has protected himself by buying all the assets, such as bitcoin, gold, and silver, which he is recommending to his followers. The same banks and financial organisations that Kiyosaki is deriding, will no doubt be concerned that such a well-respected financial guru is taking them to task. However, more important is that this man&rsquo;s practical, albeit unpalatable views, are seen and heard by the common investor. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The latest price moves in bitcoin (BTC) and crypto markets in context for March 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

BitKeep &ndash; the largest non-custodial cryptocurrency wallet with over 8 million users, has released the details of its updated roadmap for 2023, which foresees its rebranding into Bitget Wallet. The new document was released shortly after BitKeep received a $30 million investment from the Bitget crypto derivatives platform and joined its growing ecosystem of financial and Web3 products. The roadmap includes a concise outline for a complete rebranding of the service including the logo and style, with reshuffling of the management team and general improvements to infrastructure security, leveraging solutions from Bitget. Among the main points outlined in the document are alignment with Bitget&rsquo;s overall visual appearance, as well as technical updates that will allow the service to function as part of the broader Bitget ecosystem. Most importantly, the 8 million users of BitKeep will be able to rely on the $300 million Bitget User Protection Fund in case of any potential threats, as the one encountered in December of 2022. Bitget received a controlling stake in the BitKeep wallet for a $30 million injection during the latest funding round. The incorporation of BitKeep into the Bitget ecosystem will have a positive impact on user protection and overall system security. BitKeep will also receive quick access to cybersecurity experience as that provided by firms like Certik and new verification support features through MD5, as well as support for hardware wallets providers like KeyStone. Bitget has been on the track of incorporating its services into Web3 space with greater resolve and speed, as outlined in its new &lsquo;Go Beyond Derivative Strategy&rsquo;. The acquisition of BitKeep is an important step in the exchange&rsquo;s desire to expand its ecosystem of products and services to turn it into a holistic bridge between the worlds of DeFi and CeFi with quick access to Web3. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Metis co-founder Elena Sinelnikova delves into the world of layer-2 blockchain technology, and its potential to transform how we interact, collaborate and build the decentralized economy of the future.

In Todays Headline TV CryptoDaily News: XRP surges. XRP, the cryptocurrency issued by Ripple, is surging on rumors surrounding outcome of its long-running legal fight with the SEC. The crypto was up as much as 10%. Crypto Exchange Kraken and Formula One&rsquo;s Williams racing team up. Crypto exchange Kraken signed a multi-year global pact with Formula One team Williams Racing, marking the trading platform&rsquo;s first major sponsorship deal even as sports tie-ups with digital-asset firms become increasingly unpopular. Bitcoin storms toward its strongest quarter in 2 years. Bitcoin has stormed to a 72% gain over the last three months and is on track for its strongest quarter in two years. The token has outperformed both the Nasdaq 100 and gold, which are up 15% and 9%, respectively, in the same stretch. BTC/USD skyrocketed 4.0% in the last session. The Bitcoin-Dollar pair exploded 4.0% in the last session. The Ultimate Oscillator is giving a positive signal, which matches our overall technical analysis. Support is at 262631 and resistance at 280131. The Ultimate Oscillator is currently in positive territory. ETH/USD skyrocketed 1.5% in the last session. The Ethereum-Dollar pair skyrocketed 1.5% in the last session. The Stochastic-RSI is giving a positive signal, which matches our overall technical analysis. Support is at 1666.6333 and resistance at 1845.2733. The Stochastic-RSI is currently in positive territory. XRP/USD skyrocketed 6.3% in the last session. The Ripple-Dollar pair gained 6.3% in the last session after rising as much as 13.2% during the session. The Stochastic indicator's positive signal is in line with the overall technical analysis. Support is at 0.4388 and resistance at 0.571. The Stochastic indicator is currently in the positive zone. LTC/USD exploded 3.1% in the last session. The Litecoin-Dollar pair skyrocketed 3.1% in the last session. The RSI is giving a positive signal. Support is at 84.2067 and resistance at 91.9867. The RSI is currently in positive territory. Daily Economic Calendar: US Gross Domestic Product Annualized The Gross Domestic Product Annualized shows the annualized monetary value of all the goods, services and structures produced within a country. The US Gross Domestic Product Annualized will be released at 12:30 GMT, the US Gross Domestic Product Price Index at 12:30 GMT, the Eurozone's Business Climate at 09:00 GMT. US Gross Domestic Product Price Index The GDP Price Index gauges the change in the prices of goods and services. Changes in the GDP price index are followed as an indicator of inflationary pressure. EMU Business Climate The Business Climate indicator is based on monthly surveys and is designed to deliver a clear and timely assessment of the cyclical situation within the local economy. ES Consumer Price Index The Consumer Price Index is a measure of price movements made by comparing the retail prices of a representative shopping basket of goods and services. Spain's Consumer Price Index will be released at 07:00 GMT, Japan's Unemployment Rate at 23:30 GMT, Japan's Jobs / Applicants Ratio at 23:30 GMT. JP Unemployment Rate The Unemployment Rate measures the percentage of unemployed people in the country. A high percentage indicates weakness in the labor market. JP Jobs / Applicants Ratio The Jobs to Applicants Ratio released by the Japan Institute of Labour is obtained by dividing monthly active job openings by monthly active applications. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The move follows interest in securities trading using central bank digital currencies.

According to a report from the Financial Times (FT), Binance chief Changpeng "CZ" Zhao and other senior executives have been hiding the crypto exchange's connections to China for years, mired in a somewhat shady series of dealings with the country. Despite Binance's claims of leaving China following the 2017 ban on cryptocurrencies, the Financial Times alleges that the exchange maintained significant ties to the country, including an office which was allegedly used until late 2019 and a Chinese bank utilized for employee payments. This report lends a certain degree of credibility to the United States Commodity Futures Trading Commission's (CFTC) lawsuit filed against Binance on March 27, accusing the exchange of deliberately obscuring its executive offices' location and the entities operating the trading platform. In response, Binance insists that it "does not operate in China nor do we have any technology, including servers or data, based in China," and that the Chinese government has no access to Binance data except through lawful law enforcement requests. "It is unfortunate that anonymous sources are citing ancient history (in crypto terms) and dramatically mischaracterizing events. This is not an accurate picture of Binance&rsquo;s operations," a spokesperson for the firm said. The unfolding Binance controversy highlights the tension between the tacitly utopian vision of cryptocurrencies as a decentralized alternative to traditional financial systems and the current reality of powerful exchanges allegedly operating outside of the law. These alleged links between Binance and the Chinese state further complicate the situation, revealing the intricate interplay between companies and authoritarian states, and the effect that these ties have in forming over a rapidly developing crypto landscape. The alleged concealment of Binance's ties to China can be seen as a reflection of the obfuscation and manipulation that is all too common among authoritarian entities, arguably contradicting the foundational principles of decentralization, autonomy, and freedom from coercive control that's key to the original vision of crypto. In this instance, it is crucial for those keen to crypto's vision to address the role of the Chinese state, known for its authoritarian approach, within this context. China's heavy-handed tactics in regulating cryptocurrencies and its broader history of censorship and suppression raise concerns about the potential impact of such governance on the development and adoption of decentralized technologies. Why would Binance involved itself with such an entity? Is it purely for the sake of profit? Was Binance threatened or coerced in any way by the Chinese state? These remain as key questions on the matter as more details unfold with continuing investigations.Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Hydra Ventures DAO, a decentralized autonomous organization (DAO) backed by prominent investors like 1kx, ConsenSys, and Seed Club, is poised to disrupt the world of fund-of-funds investing with an innovative model tailored for the crypto industry.The brainchild of pseudonymous venture investor Pet3rpan, a partner at venture firm 1kx, Hydra Ventures has raised $10 million to create a DAO that will support other investment DAOs. "I think the cool thing about Hydra is that for the first time ever we have builders operating a fund of funds. Just ironic because most people who operate fund of funds come from an institutional capital background and I think this is the first science experiment where we see very active direct ecosystem participants operate fund of funds in a very crypto native way," Pet3rpan shares. DAOs are blockchain-based organizations without a central authority, employing blockchain technology for governance. According to data from DeepDAO, there are over 40 investment DAOs in existence. Pet3rpan was involved in the creation of one of the first investment DAOs, MetaCartel Ventures, which has 75 members and has invested over $13 million into more than 70 projects, including Gitcoin and Gnosis Safe. Pet3rpan initially considered the rapid deployment pace of investment DAOs as a drawback. However, he now sees it as an advantage, noting that "investment DAOs are really amazing vehicles for indexing exposure across a certain ecosystem or market focus." Hydra Ventures aims to invest in 30 to 40 DAOs, targeting up to 10% of the investment DAO itself. The core team of Hydra Ventures includes members from 1kx, MetaCartel Ventures, and Thing3. These members bring valuable experience in navigating the challenges of tax, accounting, and legal aspects of DAO operations. Hydra Ventures will integrate Thing3, an operations-focused service DAO, to address these issues. Stephen McKeon, managing partner at Collab+Currency, praised the Hydra Ventures DAO team, stating, "The venture DAO space is nascent and constantly evolving &mdash; so, to us, Hydra is well positioned to pioneer the DAO fund of funds model." Hydra Ventures is particularly interested in backing DAOs with a strong investment thesis. Pet3rpan believes that those who are passionate about a specific market domain or space have a considerable advantage in investing, deal flow, and due diligence. This conviction forms the core thesis for Hydra. Hydra Ventures started raising funds in June last year and closed the round in January. The funds will be stored in a diversified set of stablecoins, with plans to deploy the funds over three years instead of in perpetuity, like MetaCartel Ventures.Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The exchange's chief marketing officer believes Australians are above-the-curve when it comes to crypto education and interest.

Ethereum, the second largest cryptocurrency by market capitalization, continued to soar Wednesday, bucking a market-wide decline fueled by a string of recent US regulatory crackdowns on the industry.

The last few years have seen many companies make forays into the exciting new world of Web3, drawn to its vision of decentralization, distributed computing and permissionless architecture. The rise of retail investing and more widespread adoption now means that people can vote with their feet, helping startups and companies moving into new sectors to &lsquo;crowdsource&rsquo; their capitalization. Web3 projects are therefore able to leverage memes and hype cycles to grab the attention of millions of people and become viable in a short space of time. The rise of NFTs in 2021 marked a turning point for the space, with almost all digital-savvy people now aware of the technologies and how they work. By April 2022, it was revealed that 94% of Fortune 500 executives had either launched blockchain projects or were planning to. Even more striking, however, are the companies that have repositioned themselves in order to join the Web3 revolution, representing everything from food and beverages to the music industry. One example of a company with a successful Web 2.0 model that is pivoting to Web3 is WiFiMap. Founded in 2014, the connectivity platform is based on a core idea of crowdsourcing public WiFi hotspots into a single, shared online database. It is one of the largest WiFi finder apps in the world and has been a highly successful Web 2.0 startup with a crowdsourced growth model. In 2022, the founders announced the creation of $WIFI &mdash; a utility token that would be used to incentivize people to contribute to the growth of the platform. The idea is that these tokens can then be used to access premium services in the app, such as eSIM mobile data. According to co-founder and CTO Igor Goldenberg, &ldquo;WiFi Map is not just about providing internet access, but also about creating a community of individuals who share a common goal of building a more connected world. Through their platform, users can connect with others and contribute to the growth of the network, all while earning cryptocurrency.&rdquo; One of the core features of the tokenized WiFi Map will be its connect-to-earn model. Users who add WiFi hotspots to the global map, check network credentials and run internet speed tests will receive tokens and, at the end of each month, $WIFI will be airdropped to the most active contributors. Goldenberg is optimistic about the network effects that $WIFI will set in motion: &ldquo;As the world becomes more interconnected, reliable and secure internet access is essential. WiFi Map provides a solution that not only meets these needs but also enables users to earn cryptocurrency by sharing their WiFi hotspots and running speed tests. This is a game-changer for those seeking new ways to earn passive income and participate in the Web3 ecosystem.&rdquo; Ultimately, the app is aiming to become the first genuine superapp in the emerging DeWi(decentralized wireless) space, supporting its public WiFi offering with VPN data protection, competitive eSIM mobile data packages and a full stack of lifestyle services. $WIFI is set for a March 30, 2023 launch on the TrustSwap Launchpad, in partnership with the leading Canadian DeFi platform. With an existing community of 150 million users, and use cases set to go live immediately on the TGE date, $WIFI has the potential to shake up Web3. In fact, with a projected 4 million monthly users at launch, WiFi Map will become one of the biggest projects in the entire crypto space. Goldenberg added the following: &ldquo;By leveraging the power of blockchain technology, WiFi Map is creating a decentralized network that puts control back in the hands of the people. This has the potential to disrupt the traditional model of internet service providers and bring about a new era of internet connectivity.&rdquo; Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The $40 million funding marks yet another investment by market maker DWF Labs, its fifth this month.

[PRESS RELEASE – MELBOURNE, AUSTRALIA, 29th March 2023] Brand Ambassadors Daniel Ricciardo, Scotty James, and McLaren F1 driver Oscar Piastri join event at Melbourne Arts Centre to celebrate ahead of Australian Grand Prix OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced that it will open an office […]

The startup offers an order book protocol for decentralized finance (DeFi) in the Aptos ecosystem.

Polygon partners with Wakwelli, a web3 infrastructure protocol that issues certificates of authenticity for non-fungible tokens to certify NFT originality.

The latest price moves in bitcoin (BTC) and crypto markets in context for March 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Much of the testing of Ethereum’s major upgrades, such as the Merge, have been conducted on Goerli.

Decentralized finance staking service Lido has passed a governance vote to sunset its staking program with Polkadot and Kusama.

Senator Andrew Bragg has introduced a bill proposing regulatory standards for the cryptocurrency industry in Australia.

PeckShield said SafeMoon’s official deployer initiated the project's contract upgrade that introduced the bug, signaling a possible admin key leak.