RPICoin(RPI)

The new "AggLayer," set for launch next month, relies on zero-knowledge proofs, a type of cryptography that Polygon Labs is betting on as a core underpinning of future blockchain architecture.

Perpetual futures tied to the index at crypto exchange Bullish, which owns CoinDesk, could help the CoinDesk 20 become a widely followed benchmark akin to the 128-year-old Dow Jones Industrial Average.

[PRESS RELEASE – New York, USA, December 8th, 2023] New York, December 8, 2023 – Zebec, a pioneer in streaming finance, announced today the launch of the Zebec Instant Card further expanding its diverse suite of payment and payroll solutions. The new card, underpinned by the trusted networks of Visa and Mastercard* offers a seamless […]

NFT opens doors to collection featuring masterpieces by Picasso, Dali and Warhol

The Ethereum blockchain settled $250 billion of transactions last week, the highest since mid-March, underpinning ether's bullish outlook.

That said, beyond whale accumulation, XRP's price surge is underpinned by two significant Ripple developments fueling optimism across diverse investor groups.

The world of gaming has witnessed significant transformation thanks to blockchain technology. Digital tokens are now at the forefront of these changes, underpinning in-game assets, economies, and governance systems.

Ripple shook hands with Uphold "to underpin and enhance its cross-border payments infrastructure."

The network, which just went live a couple weeks ago as a so-called optimistic rollup – the core underpinning of OP Stack – will now become a “ZK-rollup,” which is what Polygon’s software kit provides.

W-Pay represents a decentralized solution underpinned by zero-knowledge technology, built using Polygon's Chain Development Kit.

The new data source, which also maps off-chain flows, could underpin future crypto regulations, according to the German-Dutch central bank project.

The infamous balance sheet of Sam Bankman-Fried’s trading firm, Alameda Research, served as the basis for a Nov. 2, 2022, story by CoinDesk’s Ian Allison. The article raised questions about how sturdy the company’s financial underpinnings were – and, by extension, how safe Bankman-Fried’s better-known crypto exchange FTX was. For the protection of our sources we are not publishing the document itself but rather describing its contents – in finer detail than ever before.

Polygon has allocated an estimated $1 billion on zero-knowledge technology underpinning its Ethereum scaling layer 2 solutions.

[PRESS RELEASE – London, United Kingdom, September 7th, 2023] Bumper, a decentralised finance (DeFi) protocol, today launched its crypto options killer. The equation that underpins the protocol, promises jaw-dropping improvements over traditional Black-Scholes option desks, undercutting the market leader Deribit, by an average of 30% and set to disrupt a $13 trillion market. Bumper’s innovation […]

Bumper, a decentralised finance (DeFi) protocol, today launched its crypto options killer. The equation that underpins the protocol, promises jaw-dropping improvements over traditional Black-Scholes option desks, undercutting the market leader Deribit, by an average of 30% and set to disrupt a $13 trillion market.

Innovative solutions for TVs at the IFA: Gazer presents new software The process of creating art objects and then selling them has long gone beyond the material world. Brushes and canvas are no longer needed when creating your own masterpieces. The same applies to connoisseurs of museums and galleries. You no longer need to visit […]

Bitget, top crypto derivatives and copy trading platform, is thrilled to unveil an exciting initiative that shines light on outstanding achievements and individuals within the blockchain ecosystem—the Bitget Smart Awards. This pioneering awards program aims to recognize and honor exceptional performance in key on-chain activities that are shaping the future of the decentralized world. Underpinning this initiative is a strategic partnership with 0xScope, a renowned name in blockchain analytics solutions. This collaboration not only accentuates Bitget's commitment to promoting excellence and innovation across the blockchain landscape, but also exemplifies the “Trade smarter” philosophy in its rebranding initiative. The Bitget Smart Awards serve as a testament to the platform's dedication to advancing the capabilities and recognition of those who contribute significantly to the evolution of blockchain technologies and copy trading. By identifying and presenting these excellent performing on-chain activities, we aim to empower individuals with different tools, knowledge, investment strategies, and insights. The Bitget Smart Awards encompass two segments—the Smart Money Awards and the Hero Trader Awards. The awards cast a spotlight on exemplary investment activities through meticulous analysis of on-chain data. Smart Money Awards: - Memecoin Master: This prestigious award celebrates blockchain addresses that exhibit an unparalleled knack for uncovering hidden meme coin gems and making early investments that yield substantial returns. - Airdrop Hunter: Acknowledging the vital role of airdrops in the crypto ecosystem, this award recognizes blockchain addresses that display remarkable activity and acumen in seizing valuable crypto airdrop opportunities. - NFT Guru: With NFTs reshaping digital ownership, this award honors blockchain addresses that have demonstrated remarkable expertise in curating a diverse collection of NFTs and achieving notable gains from their investments in digital collectibles. Hero Trader Awards - Wealth Hunter: The top performers in Bitget 2023 copy trading competition will become Wealth Hunters after emerging victorious from head-to-head battles. - Trader of The People: Bitget will select the most popular elite trader from each region and award them the fan favorite prize. The laurels of the Bitget Smart Awards will be conferred upon the deserving winners at the highly anticipated Bitget EmpowerX Summit, scheduled to unfold in Singapore on September 12, 2023. This exclusive summit is set to be a gathering of visionary minds and industry pioneers, offering attendees a unique opportunity to immerse themselves in a curated environment of innovation and learning. Gracy Chen, Managing Director of Bitget, said "The Bitget Smart Awards program, coupled with the Bitget EmpowerX Summit, embodies Bitget's commitment to shaping the future of blockchain by recognizing and celebrating those who are steering the industry towards unprecedented horizons. This endeavor seamlessly aligns with Bitget's overarching mission of empowering individuals to navigate the complex world of crypto and blockchain with unwavering confidence." Jackson Li, Founder of 0xScope, added: “By working closely with Bitget, we aim to set new standards for evaluating smart money projects on the blockchain. Our expertise in data analysis and the development of evaluation criteria will ensure a fair and unbiased selection process. The outcome of these awards will not only benefit Bitget and the participating projects, but also the broader ecosystem. We hope to encourage more members of the community to use advanced blockchain analytics tools to learn and grow as investors and investigators. Together, we are shaping the future of on-chain smart money, and this collaboration with Bitget is a testament to our shared vision and dedication to unlock the full potential of blockchain technology and deliver superior value to its users.” The Summit offers awardees recognition and exposure within the blockchain community, fostering valuable connections and networking opportunities with like-minded individuals, while also providing them with valuable insights, strategic knowledge, and networking opportunities within the blockchain industry. The Bitget Smart Awards program, coupled with the Bitget EmpowerX Summit, symbolizes Bitget's commitment to shaping the future of blockchain by acknowledging those who are propelling the industry forward. This initiative aligns seamlessly with Bitget's broader mission of empowering individuals to navigate the world of crypto and blockchain with confidence and expertise. For more information about the Bitget Smart Awards and the empowering opportunities offered by the Bitget EmpowerX Summit, please visit here. 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.

A new generation of blockchain-based projects have begun to ascend into the crypto industry, ChainGPT is there to provide them with the necessary support and tooling to help them succeed. ChainGPT, the leading AI Infrastructure provider for the crypto, blockchain, and Web3 industry is bringing one of its most promising incubation projects to the public. After months of careful planning, diligent development, and community building, Solidus AI Tech will be taking its next step into Web3 and launching its $AITech IDO on the ChainGPT Pad . With their world-class team, mesmerizing website, incredible network of connections, and rock-solid plan of action, Solidus AI Tech is ready to bring its products to market and become an active player in the digital economy! What is Solidus AI Tech? Based in Europe, Solidus AI Tech is an IaaS (infrastructure as a service) company that is solving some of the most prevalent, fundamental issues plaguing the digital economy; namely the demand for computational infrastructure. Building out their own 8,000-square-foot facility to house hardware that has been wired with their proprietary algorithms that improve computational costs and efficiencies. In tandem to the physical infrastructure, they are tapping into their resources to provide a full stack of cutting-edge Web3 infrastructural software solutions including Artificial-Intelligence-as-a-service (AIaaS), Blockchain-as-a-Service (BaaS), High Performance Computing power (HPC), and an Artificial Intelligence marketplace. What does AI Tech Provide? As an infrastructure services company, Solidus AI Tech is providing a suite of four core services that can be used by companies, institutions, and even governments as a foundation to build sustainable digital systems. From metaverse to CBDC to gaming and beyond this is what AI Tech is providing: AIaaS - Artificial-Intelligence-as-a-serviceArtificial intelligence is the frontier of mankind's intellectual flourishing. Considered to be just as, if not more important a technological revolution as was the steam engine, AI has become the building block for new technologies promising to improve the lives of people around the world. Solidus AI Tech has neatly wrapped up a turnkey solution to jumpstart the integrations and implementations of AI into a broad range of applications. BaaS - Blockchain-as-a-serviceBuilding blockchains from scratch is an extremely tedious, long, and resource-intensive (labor and capital) process. Building quality blockchains that can satisfy the security and operational demands of sensitive, high-value operations if even more arduous. Solidus AI Tech is extending its intelligent blockchain designs for any imaginable use case. HPC - High Performance ComputationThe demand for computation continues to grow alongside the world’s population that is coming online and new energy-dependent solutions are introduced into society. Solidus AI Tech provides computation for the most intensive use cases across a multitude of industries. AI MarketplaceThe exchange of automated intelligent processes unlocks an entirely new machine economy that contributes to a potentially entirely new and untapped market segment. Solidus AI Tech will be providing a venue where industrial and individual AI commerce can take place. What are some of AI Tech’s Unique Features? Apart from the four key products that Solidus AI tech provides, there is a mixture of sophisticated novel developments at the design, code, and principle layers of the project that make it stand out from the crowd and supersede all existing solutions attempting to spearhead the enormous, evergreen market segment of Computational Infrastructure. Some of these features include: High Performance Computing Costs reductionNotorious for its insatiable energy demands, HPC is a problem that is looking for solutions beyond just the linear increase of hardware. Solidus AI Tech has developed proprietary algorithms that improve hardware efficiencies by 40% above the benchmark rate of existing industry standards; driving down costs, while increasing efficiency. Eco Friendly Computation IP (Intellectual Property)Going hand-in-hand with its HPC reductions costs, a byproduct of Solidus AI Tech’s focus on optimization has resulted in the creation of innovations granting them intellectual property in the form of algorithmic systems that is much friendly for the environment with its efficient (lowered) consumption of energy and heightened computational capacity. Custom Data CenterSolidus AI Tech has been able to secure a location with some of the lowest-cost energy and highest internet speed internet in all of Europe. With the presence of an in-house data center, Solidus AI Tech is in control of the computational supply chain and has full sovereignty in optimizing its service across every vertical of supply and demand. Built in Bucharest, the facility spans some 8,000 square feet and operates under ISO 14001:2015.Vulnerability MonitoringSecurity, monitoring, and specifically designed firewalls, Solidus AI tech provides a full spectrum of proactive protective measures to ensure the reliability of its systems. Leveraging novel structures of network devices existing without IP or MAC addresses alongside its protocol of automatic vulnerability detection satisfies the most stringent institutional security requirements.Government Enterprise Blockchain SolutionsUtilizing a combination of its software and hardware solutions, Solidus AI Tech is able to service the most demanding use cases while adhering to NATO quality assurance standard. From voting, taxation, land registration, and supply chain traceability to Healthcare and Identity management; the security, flexibility and expertise Solidus AI Tech provides caters to every grade of entity. Solidus AITECH Tokenomics In tune with the forward-looking innovations that are coming out of Solidus AI Tech’s ecosystems, their vision of a decentralized, digital future is underscored with its elegant tokenomics that complement and underpin their system processes. Empowering users of all types with equal access to high quality infrastructure the $AITECH token adheres to inclusive, cost-efficient ideologies. From a payment vehicle for their product licenses, an incentive for creating and publishing quality AI tooling, and membership to the DAO, $AITECH is worth taking a look at: Token Name: AI TechToken Symbol: $AITECHToken Standard: BEP-20Issuing Network: Binance Smart ChainTotal Supply: 2,000,000,000 Moreover, the $AITECH token has adopted the leading practices in deflationary economics by implementing a variable burn program that takes 5%-10% of every transaction used for acquiring platform serves and systematically removes them from circulation; thereby exerting constant pressure on the open market dynamics of the asset. $AITECH IDO on ChainGPT Pad Details Solidus AI Tech has dedicated a portion of its supply for the ChainGPT Pad IDO as follows: IDO Date: 08/21/2023Token Price” $0.012Supply Allocation: 13,333,333.33 $AITECH tokensMax Allocation: $160,000Listing on Exchanges: August 28th, at 10 AM (UTC) More information about the IDO specifications are available in their official listing here. * ChainGPT implements a unique protection mechanism for all IDO participants in the form of a refund policy. After an IDO has been completed, if for any reason participants feel as though they would rather revise their contributions, they have up to 7 days to do so (unless they claim their allocations). For a more in-depth explanation of the ChainGPT Pad refund policy refer to their official article discussing it here. About ChainGPT ChainGPT is the leading provider of AI-powered Infrastructure for the crypto, blockchain, and Web3 industry. The one-stop-shop Crypto AI hub. From automated smart contract generation and auditing, to autonomous community management, advanced Web3 AI chatbot, AI-powered news aggregation, and NFT generation, ChainGPT is the most sophisticated, end-to-end AI solution on the market. General Resources:Website | V1 App | ChainGPT Pad | WhitepaperDAO | NFT Generator | Staking | | Blog Community and Social Media: Twitter | Telegram | Discord | Instagram | LinkedIn | Youtube | TikTok Launchpad BD Contact Person(s): Gintare Kairyte / Amid YazdiContact Email(s): [email protected] / [email protected] General BD Contact Person(s): Jake Wallace / Cameron French / Ilan RakhmanovContact Email(s): [email protected] / [email protected] / [email protected] —> To learn more about ChainGPT visit the official ChainGPT.org website —> For all inquiries, please contact [email protected] Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

A new generation of blockchain-based projects have begun to ascend into the crypto industry, ChainGPT is there to provide them with the necessary support and tooling to help them succeed. ChainGPT, the leading AI Infrastructure provider for the crypto, blockchain, and Web3 industry is bringing one of its most promising incubation projects to the public. After months of careful planning, diligent development, and community building, Solidus AI Tech will be taking its next step into Web3 and launching its $AITech IDO on the ChainGPT Pad . With their world-class team, mesmerizing website, incredible network of connections, and rock-solid plan of action, Solidus AI Tech is ready to bring its products to market and become an active player in the digital economy! What is Solidus AI Tech? Based in Europe, Solidus AI Tech is an IaaS (infrastructure as a service) company that is solving some of the most prevalent, fundamental issues plaguing the digital economy; namely the demand for computational infrastructure. Building out their own 8,000-square-foot facility to house hardware that has been wired with their proprietary algorithms that improve computational costs and efficiencies. In tandem to the physical infrastructure, they are tapping into their resources to provide a full stack of cutting-edge Web3 infrastructural software solutions including Artificial-Intelligence-as-a-service (AIaaS), Blockchain-as-a-Service (BaaS), High Performance Computing power (HPC), and an Artificial Intelligence marketplace. What does AI Tech Provide? As an infrastructure services company, Solidus AI Tech is providing a suite of four core services that can be used by companies, institutions, and even governments as a foundation to build sustainable digital systems. From metaverse to CBDC to gaming and beyond this is what AI Tech is providing: AIaaS - Artificial-Intelligence-as-a-serviceArtificial intelligence is the frontier of mankind's intellectual flourishing. Considered to be just as, if not more important a technological revolution as was the steam engine, AI has become the building block for new technologies promising to improve the lives of people around the world. Solidus AI Tech has neatly wrapped up a turnkey solution to jumpstart the integrations and implementations of AI into a broad range of applications. BaaS - Blockchain-as-a-serviceBuilding blockchains from scratch is an extremely tedious, long, and resource-intensive (labor and capital) process. Building quality blockchains that can satisfy the security and operational demands of sensitive, high-value operations if even more arduous. Solidus AI Tech is extending its intelligent blockchain designs for any imaginable use case. HPC - High Performance ComputationThe demand for computation continues to grow alongside the world’s population that is coming online and new energy-dependent solutions are introduced into society. Solidus AI Tech provides computation for the most intensive use cases across a multitude of industries. AI MarketplaceThe exchange of automated intelligent processes unlocks an entirely new machine economy that contributes to a potentially entirely new and untapped market segment. Solidus AI Tech will be providing a venue where industrial and individual AI commerce can take place. What are some of AI Tech’s Unique Features? Apart from the four key products that Solidus AI tech provides, there is a mixture of sophisticated novel developments at the design, code, and principle layers of the project that make it stand out from the crowd and supersede all existing solutions attempting to spearhead the enormous, evergreen market segment of Computational Infrastructure. Some of these features include: High Performance Computing Costs reductionNotorious for its insatiable energy demands, HPC is a problem that is looking for solutions beyond just the linear increase of hardware. Solidus AI Tech has developed proprietary algorithms that improve hardware efficiencies by 40% above the benchmark rate of existing industry standards; driving down costs, while increasing efficiency. Eco Friendly Computation IP (Intellectual Property)Going hand-in-hand with its HPC reductions costs, a byproduct of Solidus AI Tech’s focus on optimization has resulted in the creation of innovations granting them intellectual property in the form of algorithmic systems that is much friendly for the environment with its efficient (lowered) consumption of energy and heightened computational capacity. Custom Data CenterSolidus AI Tech has been able to secure a location with some of the lowest-cost energy and highest internet speed internet in all of Europe. With the presence of an in-house data center, Solidus AI Tech is in control of the computational supply chain and has full sovereignty in optimizing its service across every vertical of supply and demand. Built in Bucharest, the facility spans some 8,000 square feet and operates under ISO 14001:2015.Vulnerability MonitoringSecurity, monitoring, and specifically designed firewalls, Solidus AI tech provides a full spectrum of proactive protective measures to ensure the reliability of its systems. Leveraging novel structures of network devices existing without IP or MAC addresses alongside its protocol of automatic vulnerability detection satisfies the most stringent institutional security requirements.Government Enterprise Blockchain SolutionsUtilizing a combination of its software and hardware solutions, Solidus AI Tech is able to service the most demanding use cases while adhering to NATO quality assurance standard. From voting, taxation, land registration, and supply chain traceability to Healthcare and Identity management; the security, flexibility and expertise Solidus AI Tech provides caters to every grade of entity. Solidus AITECH Tokenomics In tune with the forward-looking innovations that are coming out of Solidus AI Tech’s ecosystems, their vision of a decentralized, digital future is underscored with its elegant tokenomics that complement and underpin their system processes. Empowering users of all types with equal access to high quality infrastructure the $AITECH token adheres to inclusive, cost-efficient ideologies. From a payment vehicle for their product licenses, an incentive for creating and publishing quality AI tooling, and membership to the DAO, $AITECH is worth taking a look at: Token Name: AI TechToken Symbol: $AITECHToken Standard: BEP-20Issuing Network: Binance Smart ChainTotal Supply: 2,000,000,000 Moreover, the $AITECH token has adopted the leading practices in deflationary economics by implementing a variable burn program that takes 5%-10% of every transaction used for acquiring platform serves and systematically removes them from circulation; thereby exerting constant pressure on the open market dynamics of the asset. $AITECH IDO on ChainGPT Pad Details Solidus AI Tech has dedicated a portion of its supply for the ChainGPT Pad IDO as follows: IDO Date: 08/21/2023Token Price” $0.012Supply Allocation: 13,333,333.33 $AITECH tokensMax Allocation: $160,000Listing on Exchanges: August 28th, at 10 AM (UTC) More information about the IDO specifications are available in their official listing here. * ChainGPT implements a unique protection mechanism for all IDO participants in the form of a refund policy. After an IDO has been completed, if for any reason participants feel as though they would rather revise their contributions, they have up to 7 days to do so (unless they claim their allocations). For a more in-depth explanation of the ChainGPT Pad refund policy refer to their official article discussing it here. About ChainGPT ChainGPT is the leading provider of AI-powered Infrastructure for the crypto, blockchain, and Web3 industry. The one-stop-shop Crypto AI hub. From automated smart contract generation and auditing, to autonomous community management, advanced Web3 AI chatbot, AI-powered news aggregation, and NFT generation, ChainGPT is the most sophisticated, end-to-end AI solution on the market. General Resources:Website | V1 App | ChainGPT Pad | WhitepaperDAO | NFT Generator | Staking | | Blog Community and Social Media: Twitter | Telegram | Discord | Instagram | LinkedIn | Youtube | TikTok Launchpad BD Contact Person(s): Gintare Kairyte / Amid YazdiContact Email(s): [email protected] / [email protected] General BD Contact Person(s): Jake Wallace / Cameron French / Ilan RakhmanovContact Email(s): [email protected] / [email protected] / [email protected] —> To learn more about ChainGPT visit the official ChainGPT.org website —> For all inquiries, please contact [email protected] Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

After a long history of blocking crypto-related exchange-traded funds, news around the blockchain is that the SEC will not block or oppose ETF applications. Officials and sources close to the matter have stated that approvals could come as early as October, but the SEC has yet to comment on the matter. Let’s find out more. Ethereum The United States Securities Commission (SEC) is all set to greenlight the first exchange-traded funds (ETFs) based on Ether (ETH) futures in a big win for the crypto space. Former United States President Donald Trump’s latest public financial disclosure has revealed that he owns around $250,000 to $500,000 worth of Ethereum (ETH). Global payment giant Visa has completed a test for an innovative solution on the Ethereum blockchain, which will allow its users to pay on-chain gas fees using a Visa debit or credit card. DeFi Binance has officially announced the launch of its opBNB Mainnet, a notable addition to the burgeoning decentralized scaling solutions sector. Ethereum layer-2 solution Arbitrum is set to “cliff unlock” over 1 billion worth of $ARB on March 16, 2024, and finally start ARB’s staggered unfreezing over the next four years. Prominent decentralized exchange Uniswap has confirmed that it has fired a prominent developer over his involvement in a $25,000 memecoin rug pull. Altcoins Trading-focused blockchain Sei’s latest SEI token launch did not go over as well as expected after being plagued with delays and problems with the token giveaway. Following negative downward price action since November 2021, the $BNB token has reached the point where a slide under the critical $220 level could lead to a calamitous -5x crash down to below $50. Blockchain security firm PeckShield has reported that around $1.7 million worth of ETH is stuck in the Shibarium Bridge after its launch failed to create a meme coin rally. Technology Vitalik Buterin, co-founder of Ethereum, provided an analytical dive into X's Community Notes tool via a post on his personal website. Business The Stellar Development Foundation (SDF) has made a strategic investment in MoneyGram International, which resulted in obtaining a coveted seat on the firm’s Board of Directors. GSR, the oldest market maker in the crypto space, is feeling the full impact of the ongoing bear market, with multiple top executives, including the CFO, departing the company. Crypto media outlet CoinDesk has cut its editorial staff by 45% as its parent company DCG prepares to introduce strategic investors. Coinbase has announced its official entry into the Canadian market in a strategic move that involved the integration of Interac payment rails. Regulation According to a notice published by the regulatory authority, Dubai’s Virtual Asset Regulatory Authority has hit digital asset exchange OPNX and its founders nearly $2.8 million. According to hedge fund manager Mark Yusko, banks take $7 trillion out of the system every year. In a major development, the Coinbase cryptocurrency exchange (COIN) has received regulatory approval to list crypto futures in the United States. From October 1st onwards, PayPal will temporarily halt its cryptocurrency sales in the United Kingdom, mainly because of the shifting regulatory environment in the UK. Republican members of the House Financial Services Committee are demanding that SEC Chair Gary Gensler explain how Prometheum got approval from the SEC. FTX founder Sam Bankman-Fried is in the news once again after a recent development revealed that he had allegedly used stolen customer funds to donate over $100 million to political campaigns. Cryptocurrency custodian Prime Trust and some affiliates filed for Chapter 11 bankruptcy on Monday after Nevada regulators placed it into receivership in June. Singapore’s central bank has announced the release of a revised regulatory framework to ensure stability for single-currency stablecoins regulated in the city-state. The SEC has taken decisive action against Crowe U.K. LLP, a pro-crypto London-based audit firm, over the auditing of music streaming service Akazoo. The Federal Deposit Insurance Corporation has included crypto in its annual risk review for the first time, stating that crypto presents key risks and that it needs closer supervision. NFT Coca-Cola has launched its new exclusive NFT collection, “Masterpiece,” on Coinbase’s Layer-2 network during the “Onchain Summer” festival. NFT marketplace OpenSea will be sunsetting its on-chain royalty enforcement tool, Operator Filter. Web3 Polygon Labs has partnered with Korean telecommunications company SK Telecom to develop a complete Web3 ecosystem. Singapore-based Web 3 gaming firm Affyn has entered a strategic partnership with Grand Prix Season Singapore to present a metaverse event to the fans. Security Base project RocketSwap has devised an emergency plan to recover from a brute force hack that siphoned away around 471 ETH, valued at around $865,000, on the 14th of August. DeFi platform Zunami Protocol has become the latest protocol to be hacked after confirming on Sunday that bad actors hacked its liquidity pool on Curve. 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.

After a long history of blocking crypto-related exchange-traded funds, news around the blockchain is that the SEC will not block or oppose ETF applications. Officials and sources close to the matter have stated that approvals could come as early as October, but the SEC has yet to comment on the matter. Let’s find out more. Ethereum The United States Securities Commission (SEC) is all set to greenlight the first exchange-traded funds (ETFs) based on Ether (ETH) futures in a big win for the crypto space. Former United States President Donald Trump’s latest public financial disclosure has revealed that he owns around $250,000 to $500,000 worth of Ethereum (ETH). Global payment giant Visa has completed a test for an innovative solution on the Ethereum blockchain, which will allow its users to pay on-chain gas fees using a Visa debit or credit card. DeFi Binance has officially announced the launch of its opBNB Mainnet, a notable addition to the burgeoning decentralized scaling solutions sector. Ethereum layer-2 solution Arbitrum is set to “cliff unlock” over 1 billion worth of $ARB on March 16, 2024, and finally start ARB’s staggered unfreezing over the next four years. Prominent decentralized exchange Uniswap has confirmed that it has fired a prominent developer over his involvement in a $25,000 memecoin rug pull. Altcoins Trading-focused blockchain Sei’s latest SEI token launch did not go over as well as expected after being plagued with delays and problems with the token giveaway. Following negative downward price action since November 2021, the $BNB token has reached the point where a slide under the critical $220 level could lead to a calamitous -5x crash down to below $50. Blockchain security firm PeckShield has reported that around $1.7 million worth of ETH is stuck in the Shibarium Bridge after its launch failed to create a meme coin rally. Technology Vitalik Buterin, co-founder of Ethereum, provided an analytical dive into X's Community Notes tool via a post on his personal website. Business The Stellar Development Foundation (SDF) has made a strategic investment in MoneyGram International, which resulted in obtaining a coveted seat on the firm’s Board of Directors. GSR, the oldest market maker in the crypto space, is feeling the full impact of the ongoing bear market, with multiple top executives, including the CFO, departing the company. Crypto media outlet CoinDesk has cut its editorial staff by 45% as its parent company DCG prepares to introduce strategic investors. Coinbase has announced its official entry into the Canadian market in a strategic move that involved the integration of Interac payment rails. Regulation According to a notice published by the regulatory authority, Dubai’s Virtual Asset Regulatory Authority has hit digital asset exchange OPNX and its founders nearly $2.8 million. According to hedge fund manager Mark Yusko, banks take $7 trillion out of the system every year. In a major development, the Coinbase cryptocurrency exchange (COIN) has received regulatory approval to list crypto futures in the United States. From October 1st onwards, PayPal will temporarily halt its cryptocurrency sales in the United Kingdom, mainly because of the shifting regulatory environment in the UK. Republican members of the House Financial Services Committee are demanding that SEC Chair Gary Gensler explain how Prometheum got approval from the SEC. FTX founder Sam Bankman-Fried is in the news once again after a recent development revealed that he had allegedly used stolen customer funds to donate over $100 million to political campaigns. Cryptocurrency custodian Prime Trust and some affiliates filed for Chapter 11 bankruptcy on Monday after Nevada regulators placed it into receivership in June. Singapore’s central bank has announced the release of a revised regulatory framework to ensure stability for single-currency stablecoins regulated in the city-state. The SEC has taken decisive action against Crowe U.K. LLP, a pro-crypto London-based audit firm, over the auditing of music streaming service Akazoo. The Federal Deposit Insurance Corporation has included crypto in its annual risk review for the first time, stating that crypto presents key risks and that it needs closer supervision. NFT Coca-Cola has launched its new exclusive NFT collection, “Masterpiece,” on Coinbase’s Layer-2 network during the “Onchain Summer” festival. NFT marketplace OpenSea will be sunsetting its on-chain royalty enforcement tool, Operator Filter. Web3 Polygon Labs has partnered with Korean telecommunications company SK Telecom to develop a complete Web3 ecosystem. Singapore-based Web 3 gaming firm Affyn has entered a strategic partnership with Grand Prix Season Singapore to present a metaverse event to the fans. Security Base project RocketSwap has devised an emergency plan to recover from a brute force hack that siphoned away around 471 ETH, valued at around $865,000, on the 14th of August. DeFi platform Zunami Protocol has become the latest protocol to be hacked after confirming on Sunday that bad actors hacked its liquidity pool on Curve. 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, August 15th, 2023, ChainwireCrypto Exchange Huobi announced that the 7th round of Huobi's PrimeVote event is finished. In this round, a total of 12 projects competed for the listing, accumulating 226,040,064 votes in the form of "Rockets". After two rounds of intense voting, MinePlex (XFI) emerged as the winner, garnering a total of 208,172,999 "Rockets". XFI will soon get listed on Huobi for trading.In the final round of voting, XFI secured the win by amassing 208,172,999 "Rockets". XDAO secured the second position with 11,355,497 "Rockets" while AD and INS captured the third and fourth positions with 4,130,180 "Rockets" and 2,381,388 "Rockets" respectively. Huobi's official data reveals that participants casted a total of 226,040,064 "Rockets" with 5,176 individuals taking part. Notably, the "Rockets" used for voting witnessed a substantial 78% upswing compared to the previous round. Additionally, the 8th round of Huobi's PrimeVote event will carry on its worldwide search for outstanding projects by encouraging their participation in this vote-to-list event. The rules of the 8th PrimeVote will stay the same with "rockets" as the favored voting tool.Vote for projects with "Rockets" and win limited edition NFTsThe "Rocket Plan" is Huobi's newest endeavor aimed at enriching user engagement and experience. Rockets refer to the USDT equivalent of your average assets on Huobi over a 30-day period. 1 USDT equals to 1 Rocket. The Rocket value represents an integer without decimal places.The number of "Rockets" a user holds is determined by the balance of their assets. With an increased possession of "Rockets," users can wield more influence in the PrimeVote event, major platform decisions, new token airdrops, and other scenarios where "Rockets" come into play. This grants them a stronger voice and a larger share of rewards. To increase their Rocket values, users can improve their asset balances by making deposits and purchasing quality assets like BTC, ETH, HT, etc. Moreover, using "Rockets" to vote will not cause users' asset balance to be locked."Rockets" are users' tickets to take part in the PrimeVote events and also give participants a chance to mint limited edition NFTs in Huobi's Mars Program that offers $6 million worth of space travel.Based on Huobi's official announcement, a total of 12 projects were shortlisted in the 7th round of the PrimeVote event. As of August 9 202313:00 (UTC), EML and XDAO emerged as top performers in Group A while XFI and AD took the lead in Group B. These projects have advanced to the final voting stage. Following two rounds of preliminary and final voting, MinePlex (XFI) has stood out as the favored pick among the community by winning the championship of this event with a notable 208,172,999 "Rockets". MinePlex (XFI) represents an innovative CrossFi initiative by integrating the stability and liquidity of traditional financial instruments with the security and transparency embedded in blockchain technology. To realize this vision, the team is crafting a distinct blockchain v1.0 featuring the LPoS consensus algorithm. The MinePlex 2.0 blockchain adopts the DPoS consensus protocol.Huobi prioritize users and persistent crypto listings with community votesHuobi remains committed to upholding the principle of impartial listing and respects the choices of all users. It aims to establish a digital asset trading platform that is compliant, secure, and transparent. It returns the listing right to community users by allowing them to decide which tokens can be traded on Huobi. Launching PrimeVote not only identifies the most popular tokens and ensures listing quality but also maximizes the transparency and fairness of the listing process.To date, Huobi has successfully conducted seven rounds of the PrimeVote event by establishing a unique method for token listing. Looking ahead, Huobi will further refine event rules and introduce innovative features.About HuobiFounded in 2013, Huobi has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. Huobi serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies - "global development, technology drives development, and technology for good" underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts.Company Websitehttps://www.huobi.comContactMichael [email protected]

Coca-Cola has launched its new exclusive NFT collection on Coinbase’s Layer-2 network during the “Onchain Summer” festival. Coca-Cola’s Masterpiece Campaign On Sunday, August 13, one of the most recognizable consumer brands in the world, Coca-Cola, revealed its new non-fungible tokens (NFT) collection on Coinbase’s Layer-2 blockchain called “Base”. The collection is a part of Coca-Cola's global “Masterpiece” campaign which was partially created by the brand’s AI platform known as “Real Magic”. “‘Masterpiece’ is not a story in which Coke appears… Coke is the story,” commented Pratik Thakar, Global Head of Creative Strategy and Integrated Content for Coca‑Cola. “True to the spirit of the brand—and not unlike the way a synchronized supply chain collaborates to seamlessly deliver ice-cold Coca‑Cola to consumers at just the right time—a diverse collection of artwork spanning multiple genres, geographies and generations comes together to uplift a slumping teenager. Creating human connection and bringing enchantment to everyday moments is what ‘Real Magic’ is all about.” The Masterpiece NFT collection showcases the artwork featured in the brand’s campaign, including Andy Warhol’s iconic 1962 Coca‑Cola painting, classical pieces of timeless artists such as Edvard Munch’s “The Scream” and Johannes Vermeer’s “Girl with a Pearl Earring,”, as well as works of emerging artists such as Aket, Fatma Ramadan, and Vikram Kushwah. Coinbase’s Onchain Summer Coca-Cola’s new NFT collection has been offered for a limited time and presented as a part of the Coinbase’s Onchain Summer event: “@CocaCola is bringing their Global Masterpiece campaign onchain with iconic works from leading artists,” Coinbase announced on X, formerly known as Twitter. Onchain Summer is Coinbase's month-long celebration of its Layer-2 Blochcian Base which became available to the general public on August 9. Each day, the festival offers numerous onchain mints, stories, and activities related to art, culture, music, gaming, and more. Coca-Cola is undoubtedly the most recognizable brand presented on the list of Base’s partners so far. Coca-Cola and NFTs This is not the first time the world-renowned soft drinks brand has ventured into the NFT space. Back in 2021, Coca-Cola auctioned off exclusive NFT collectibles with the aim of raising funds for Special Olympics International. At that time, the first Coca-Cola’s NFT loot box was sold as a single asset for over $575,000. Coca-Cola’s engagement with NFTs is meaningful for the whole cryptocurrency industry. As one of the largest global consumer brands, Coca-Cola could introduce many of its customers to the world of digital art and Web3. Besides, the beverage giant will likely play a big role in promoting Coinbase’s Layer-2 network Base. 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.

Coca-Cola has chosen the newly-launched Coinbase layer-2 network Base to deploy its Masterpiece NFT collection.