Ubcoin Market(UBC)

Reports on crypto funding terrorism and blockchain forensics were confusing, but everyone agreed on the need for collaboration and regulation.

KlubCoin proudly announces that its native token, $KLUB, is listed on its first centralised exchange, one of the industry's leading platforms, KuCoin.

The digital assets subcommittee heard from five opponents of a U.S. CBDC without giving supporters equal (or any) time.

Following the viral US Congress Hearing about UFOs, over 50 alien-themed tokens have emerged on the crypto market. The US Government Blamed for Covering up Alien Activity On July 26, the House Oversight Subcommittee on National Security held a highly-anticipated hearing on unidentified anomalous phenomena (UAP), commonly known as unidentified flying objects (UFOs). Three former military officials accused the US government of concealing important extraterrestrial findings. According to the whistleblower David Grusch, who is a former Air Force intelligence officer, the Pentagon is covering up a “multidecade” UAP program which aims at collecting and restoring crashed extraterrestrial crafts. Grusch testified under oath that he is aware of an alien spacecraft in possession of the US government and the “non-human” biological remains that were found on it. Ryan Graves and David Fravor, retired US Navy commanders, also claimed to have seen UAP findings while serving in the military. While speakers said they couldn’t share too much information due to it being classified, they raised concerns over the US government hiding too much regarding the matter. “If UAP are foreign drones, it is an urgent national security problem. If it is something else, it is an issue for science. In either case, unidentified objects are a concern for flight safety,” said Ryan Graves. The Crypto Market Reacts to the Buzz The “exciting” hearing quickly went viral and became trending on Twitter and Google searches. Crypto traders couldn’t miss the chance to capitalize on the new trend and launched over 50 alien-themed coins just over the span of 24 hours. Tickers like “ALIENX,” “UFO”, and “ALIEN” have invaded the crypto market. However, most of these tokens haven’t seen much trading activity so far. Only the larger and more established alien-themed coins have managed to improve their performance. For example, the native token of the popular blockchain game Alien Worlds, known as TLM, grew by 3.5% within 24 hours after the news broke. Among other UFO memecoins that have slightly climbed during the last day are the UFO Gaming Token (UFO) which gained 2.4% and the AlienFi token (ALIEN) which surged by 5.9%. Memecoins are known to quickly emerge in the midst of a growing trend. However, many of them could potentially be scams that try to take advantage of the hype. So, traders should be very careful when choosing an asset for investment. 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.

Lucerne, Switzerland, July 27th, 2023, ChainwireSwisstronik, the layer-1 network for building scalable, decentralized applications that ensure users’ privacy while remaining regulatory compliant, is delighted to announce the launch of its first testnet. Swisstronik Testnet 1.0 is available now, bringing immediate benefits to dApp developers including robust encryption and enterprise-grade transaction security through its utilization of Intel SGX technology.The project is aiming to foster real-life adoption of blockchain through a robust, user-friendly and secure network that relies on hardware and software solutions to address challenges around legal compliance, data privacy, and interoperability. Swisstronik aims to become the preferred blockchain solution for dApp developers, individuals, enterprises and anyone else who cares about compliant and safe solutions while staying true to crypto’s ethos of privacy and decentralization.The launch of Swisstronik Testnet 1.0 comes at a time when interest in networks that can support secure, private transactions in a highly regulated environment is growing. Existing privacy solutions are too focused on anonymity, which is anathema to regulations. Amid the tightening regulations around crypto globally, increased regulatory action against cryptocurrency exchanges and early adoption of central bank digital coins (CBDCs), it’s clear that the crypto industry urgently requires a compliant yet privacy-preserving, decentralized alternative. Once CBDCs launch, the industry will require a compliant and compatible bridge between them and the rest of the cryptocurrency ecosystem. This is the gap Swisstronik is aiming to fill with its identity-based blockchain platform powered by the first of its kind Web3 Compliance Suite - a self-regulating network of local personal data verifiers and compliance partners that allows seamless yet compliant cross-border operations..Swisstronik’s Compliance Suite is created to reduce any company's regulatory burden by doing compliance management in a more cost-effective and user-centered manner to ensure privacy and safety for every user. Moreover, because all interactions are executed inside fully encrypted Intel SGX enclaves, Swisstronik nodes cannot access the details of any transaction. The SGX enclaves can be likened to creating a protective wrapper around the EVM, ensuring all transaction information is hidden from the rest of the network. It means every transaction on Swisstronik’s blockchain is fully isolated and safeguarded from prying eyes.In a future update, Swisstronik will bolster its privacy and security features with the addition of zk-SNARKs – cryptographic proofs that allow one party to provably verify information without having to reveal it. Based on zero-knowledge proofs, zk-SNARKs will be especially useful for verifying KYC data and other personal information of users.Swisstronik Testnet 1.0 is fully compatible with the Ethereum Virtual Machine (EVM) standard, meaning developers can seamlessly migrate Ethereum-based dApps and smart contracts to its ecosystem. Future versions of the Swisstronik Testnet will implement the Inter-Blockchain Communication (IBC) protocol, further enhancing the interoperability among Cosmos based-blockchains.Swisstronik anticipates a great deal of interest among dApp developers looking to build compliant offerings and explore data security concepts such as Intel SGX and zk-SNARKs, having received more than 750+ applications for early access to its testnet, despite not making any active efforts to promote the network.To ensure the integrity of its testnet and increase confidence within the community, Swisstronik is delighted to announce the launch of its first Bug Bounty campaign, with a $70,000 reward fund. The campaign will end on September 15, 2023, after which any bugs found will be fixed before the launch of Swisstronik Testnet 2.0 in the autumn.About SwisstronikSwisstronik is building a scalable layer-1 network to address challenges around legal compliance, data privacy, and interoperability in order to boost real-life adoption of the blockchain. Its goal is to become the go-to solution for developers building compliant, privacy-preserving dApps and cryptocurrency users who value data protection and transaction secrecy.Swisstronik is the first platform that lets anyone build compliant yet private dApps with zero legal expertise. It does so with an unprecedented combination of two functionalities – a first of its kind Web3 Compliance Suite that gathers international regulators, KYC issuers and other legal service providers in a self-regulating network, and combination of programmable, hardware-based protection technology based on Intel SGX, and cryptographic techniques based on zero-knowledge proofs. As a result, Web3 companies can become KYC, AML and DPR compliant with minimum costs by launching on Swisstronik or integrating one of its utilities in their dApps on other chains. And users can be sure their data stays private & secure even during identity checks.Twitter - Linkedin - Telegram - Discord - GithubContactMarketing DirectorAlexandra [email protected]

The chair of a U.S. House oversight subcommittee said all of the documents the SEC had provided on Sam Bankman-Fried's charges and arrest had been publicly available at the time.

United States Congressman Warren Davidson has filed a new bill called the SEC Stabilization Act, which looks to restructure the United States Securities and Exchange Commission (SEC). One of the key provisions in the bill is the dismissal of currency SEC Chair Gary Gensler. The SEC Stabilization Act The new bill filed by Davidson calls for the immediate dismissal of current Securities and Exchange Chair Gary Gensler and the restructuring of the SEC to better protect the markets. Rep Davidson, in a statement, added, “U.S. capital markets must be protected from a tyrannical Chairman, including the current one. That’s why I’m introducing legislation to fix the ongoing abuse of power and ensure protection that is in the best interest of the market for years to come. It’s time for real reform and to fire Gary Gensler as Chair of the SEC.” The representative used the hashtag “FireGaryGensler,” adding that the United States markets must be protected from the SEC Chair. He was joined by the Republican Party’s majority whip, Tom Emmer, who Davidson quoted as stating, “American investors and industry deserve clear and consistent oversight, not political gamesmanship. The SEC Stabilization Act will make common-sense changes to ensure that the SEC’s priorities are with the investors they are charged to protect and not the whims of its reckless Chair.” Tom Emmer co-authored the bill. Structural Changes According to Davidson, apart from the removal of Gensler, the bill will also look to restructure the Securities and Exchange Commission, redistributing power between the SEC and its commissioners. It will also add a sixth commissioner to the agency so that no single party can have a majority over the commission and create an executive director position that would handle all day-to-day operations. While Davidson and Emmer did not explicitly mention cryptocurrencies or the crypto ecosystem in their statements, both are known to be extremely pro-crypto. Furthermore, both are also highly critical of Gensler’s leadership of the Securities and Exchange Commission. Emmer has previously called Genser a “bad faith regulator,” while Davidson is the vice chair of the House Financial Services Committee’s new Subcommittee on Digital Assets, Financial Technology, and Inclusion. Crypto Community Pushes Back Against Gensler The Securities and Exchange Commission’s latest action against Coinbase and Binance has not been met warmly by the crypto community. Many brought up old videos of Gensler and his views on crypto. One such video shows the SEC Chair teaching blockchain technology at MIT. Another video that has garnered significant controversy is that of Gensler telling hedge funds that Ethereum and Litecoin are not securities. These videos and many more have left the crypto community seething at what they perceive as blatant hypocrisy. Gensler has also previously showered praise on Algorand, but later called ALGO a security. The crypto community has also pointed to the fact that the SEC Chair has close ties with Senator Elizabeth Warren. Senator Warren is notoriously anti-crypto, with the crypto community wondering if she has a role to play in Gensler’s recent outbursts against crypto. Many in the crypto space believe that Gensler is out to kill the crypto industry, with the regulatory action against Coinbase and Binance the latest salvo against the industry. The SEC made its position against crypto clear when it launched regulatory action against Binance, the world’s largest cryptocurrency exchange, Binance, and Coinbase, the largest cryptocurrency exchange in the United States. 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.

Podgorica, Montenegro, June 9th, 2023, ChainwireAt EDCON 2023 in Montenegro, the Ethereum Reserve Dollar (“ERD”) team introduced their innovative decentralized lending platform and USDE stablecoin to the industry. ERD is a lending platform that allows users to borrow USDE, a USD-pegged stablecoin native to the platform, using liquid staking derivatives (LSDs) and blue-chip DeFi tokens as collateral. The protocol maintains a minimum collateralization ratio of 110%, striking a balance between decentralization, capital efficiency, and price stability.In the fast-paced world of blockchain and cryptocurrencies, the demand for fully decentralized stablecoins is growing. The challenge has been to simultaneously achieve capital efficiency, price stability, and decentralization, a combination that has proven difficult to achieve.Numerous attempts have been made to create stablecoins that are both decentralized and capital efficient. However, these efforts often led to significant price fluctuations, causing depegging and collapse. The industry has thus been left with a choice between capital efficiency and decentralization, with price stability being a crucial requirement for any stablecoin's survival and expansion.Ethereum Reserve Dollar is designed to address these challenges. ERD is fully decentralized, providing a safer solution to the dominant centralized and semi-centralized stablecoins in the market. It employs a fully decentralized lending protocol and a robust liquidation mechanism, enabling users to borrow USDE using LSDs and blue-chip DeFi tokens as collateral. The platform secures loans with a Stability Pool containing USDE, which allows for immediate liquidation and bypasses the need for liquidators to prepare USDE or engage in a complex auction process. Furthermore, the protocol's design allows users to borrow at only a 110% collateralization ratio, achieving an ideal combination of decentralization, capital efficiency, and price stability.Notably, ERD also aims to provide greater value as a governance token and introduce widely distributed decentralized assets on the ETH network, addressing limitations observed in similar protocols, such as those of the Liquity Protocol.“Looking back at the collapses of so many failed stablecoins, and the depegging of USDT in 2022 and USDC in 2023, the industry is still searching for a truly decentralized, capital-efficient, and robust solution," said Steve Hopkins, ERD’s CMO. “ERD is this and so much more; it's a solution designed to become a truly decentralized reserve asset on the Ethereum network. We believe ERD offers a significant step forward in blockchain and DeFi technology. We’re thrilled to share it with the world. ”The ERD team will launch their testnet event on June 12, 2023. This event will offer the opportunity to experience the platform's unique features and benefits firsthand, while also entitling early adopters to share in the upside of the project’s growth.The ERD Protocol is set to redefine the stablecoin landscape. With its unique features and benefits, it offers a promising solution for efficient and decentralized lending. The team encourages everyone to participate in the upcoming testnet event and experience the future of DeFi.For more information about the ERD Protocol and its upcoming testnet event, please visit the official website at https://erd.xyz/ and follow the project on Twitter at @Ethereum_ERD.About ERDERD is a decentralized lending protocol that enables users to borrow in USDE, a stablecoin pegged to the US dollar, using LSDs and blue-chip DeFi tokens as collateral. It aims to address the dominance of centralized stablecoins and offer a truly decentralized, capital-efficient alternative. The protocol offers a minimum collateralization ratio of 110% and secures loans with a stable pool containing USDE and other Ethereum-based assets. The benefits of ERD include low-interest rates, high capital efficiency, direct redemptions, and decentralization. Its goal is to become a truly decentralized reserve asset on the Ethereum network.Long live Ethereum Reserve Dollar. On Ethereum, By Ethereum, For Ethereum.For more information and to stay updated please visit:Official website | Twitter | Discord | Whitepaper | GitHubContactCMOSteve HopkinsEthereum Reserve [email protected]

London, United Kingdom, May 10th, 2023, ChainwireToday, PUBLC announced the paradigm-shifting integration of Large Language Models (LLMs) into its search engine, a transformative move that firmly positions the startup as a pioneer in the rapidly evolving search industry. This milestone follows PUBLC's ongoing mission to create "everyone's search engine" – a platform built by the web community, powered by cutting-edge AI models, and anchored in a blockchain-based token economy through its token, PUBLX.Since the release of ChatGPT 6 months ago, the world has witnessed the revolutionary capabilities of LLMs, prompting tech giants like Google and Microsoft to rush to incorporate them into their products. Today, PUBLC stands out as the first search engine to fully integrate LLMs into its core search logic. This integration allows every search query on PUBLC to be processed by the LLM, which retrieves relevant data and sources, delivering answers and insights in natural language. These features further enhance PUBLC's unique experience by offering users a more engaging, personalized, and visual approach to searching, discovering, and consuming web content.The integration is also in line with PUBLC's community-driven approach, which combines advanced AI models with human intelligence. This approach envisions a system where every user can contribute to training the Language Models, following a methodology similar to Reinforcement Learning from Human Feedback (RLHF) used in the development of ChatGPT. Drawing inspiration from collaborative models like Wikipedia, PUBLC aims to engage millions of users worldwide in organizing web content, transforming it into an invaluable resource for answers on any topic or niche.Committed to creating a search engine that belongs to and rewards the web community, PUBLC challenges the status quo wherein tech giants such as Google, Meta and Amazon dominate global ad revenue, leaving little for the broader web ecosystem. To address this imbalance, PUBLC has implemented a tokenized revenue model that distributes 90% of the platform's revenue among its community using its Ethereum blockchain-based token, PUBLX. This blockchain-based economic model is tied to the platform's fiat-based revenue streams, like advertising, giving the token real value and fostering ongoing growth and collaboration. This economic model lays the foundation for a new web economy that rewards users, creators, content platforms, celebrities, developers, and other participants, giving them the value they rightfully deserve.As a next step, PUBLC will open-source its AI layer, developed on the popular LLM framework, LangChain, while actively embracing the expanding LLM developer community. By doing so, PUBLC will enable developers worldwide to contribute to its AI models and receive rewards through its token model. PUBLC invites LLM developers, open-source projects, and communities to join its mission of creating an open-source LLM project that serves the web ecosystem.Lior Davidovitch, Founder and CEO of PUBLC, said: “This launch represents PUBLC's most significant milestone to date. As a modern-day David versus Goliath, our small team has been dedicated to building this ambitious vision layer by layer over the past few years, aiming to revolutionize the search industry and compete with the world's largest companies. This is just the start, and we plan to launch many features and initiatives in the upcoming months to support our community. We call the web community of users, creators, brands and developers to join us on this mission of creating a search engine that genuinely belongs to everyone.”About PUBLCPUBLC is on a mission to revolutionize the search industry by creating "everyone's search engine" – a platform that is collaboratively built by the web community, powered by state-of-the-art AI models, and anchored in a blockchain-based token economy that benefits the entire web ecosystem.Check out the PUBLC platform, learn more about the project.Find $PUBLX on CoinGecko.ContactHead of ProductLora [email protected]

South Korea’s central bank, the Bank of Korea, has been given the green signal to probe crypto firms and operators of virtual assets operating in the country. This go-ahead will allow the bank to access data related to cryptocurrency transactions from exchanges operating in South Korea. A Landmark Development The go-ahead given to the Bank of Korea is viewed as a landmark development, given that the central bank holds differing views with the country’s financial regulatory authority, the Financial Services Commission (FSC). The Korean Central Bank and the Financial Services Commissions have been at loggerheads regarding jurisdiction over crypto. Crypto regulation has been under discussion in the National Assembly, with the Financial Services Commission submitting that it accepted granting the Bank of Korea authority to probe cryptocurrency firms operating in the country. At Loggerheads The National Assembly is currently accepting opinions regarding the Virtual Asset Act from the government. The central bank’s authority to request data submissions from crypto firms is also being explored in the act. The Financial Services Commission is set to express its official position regarding the matter at the bill’s first subcommittee, which is scheduled to meet on the 25th of April. This could pave the way for the faster implementation of the Virtual Asset Act. The Bank of Korea, in its submissions, has stated that it holds the authority to request for data on crypto firms and other digital and virtual asset issuers, specifically for stablecoins. The Bank of Korea stated that it is logical for it to regulate crypto since any potential risk from digital assets could spread to the traditional financial system. Meanwhile, the Financial Services Commission does not want crypto to be viewed on par with the traditional financial system. It added that if the central bank was given the authority to govern crypto and crypto firms, it could send out the message that digital assets were financial assets. In its submission, the Financial Services Commission stated, “If the Virtual Asset Act specifies the inspection right of the Financial Supervisory Service, it will cause the general public to misunderstand that the virtual asset market/business operator is treated the same as the financial market/institution.” The Financial Services Commission Chair has repeatedly stated that he does not view cryptocurrencies and digital assets as financial instruments. Crypto Legislation In Limbo The South Korean government has repeatedly tried to push legislation around cryptocurrencies and crypto firms operating in the country. However, the turf war between the Bank of Korea and the Financial Services Commission has proved to be a major stumbling block. Kim Han-gyu, the Democratic Party lawmaker that proposed the Crypto Assets Act, has stated, “The Financial Services Commission admits that it is necessary for the Bank of Korea to have the right to request data, but it is refusing to include it in the bill.” The Financial Services Commission has also come under fire from officials of the Political Affairs Committee, a division of South Korea’s State Affairs Commission. Officials from the committee have accused the Financial Services Commission of trying to monopolize its position as a crypto regulator. South Korea’s Crypto Struggles The crypto space in South Korea has faced several issues over the past year. The problems began with the spectacular collapse of the Terra ecosystem and its associated stablecoin. Terra founder Do Kwon was recently arrested in Montenegro, along with another suspect, Hon Chang Joon. Both South Korea and the United States have requested their extradition. More recently, several staff members from the cryptocurrency exchange Coinone were taken into custody amidst allegations of bribery, breach of trust, and other criminal acts. 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.

Miami, FL, April 20th, 2023, ChainwireReserveBlock Releases Peer-to-Peer Auction and Collection Features within the RBX Native Core-Wallet Enabling True On-Chain Marketplaces and Empowering Self-Custody.ReserveBlock RBX (ReserveBlock.io), an open-source and decentralized native layer 1 protocol that democratizes both validating and on-chain tokenization of assets for everyone has released its long-awaited p2p auction and collection features in the RBX core-wallet enabling any creator, owner, or issuer, to initiate self-custody marketplaces without a third-party. The first of its kind for any layer 1 protocol, RBX users may now publish auctions of a minted asset from the non-custodial wallet using features and tools for bidding and ‘buy now’ options all natively and trade directly with peers.RBX users can now publish auctions or self-hosted stores, both on-chain and to social media platforms, with asset collections broadcasted over the RBX network, by simply remitting 10 RBX on publishing, which is burned at the time of the transaction. All auction and store originators may also utilize a real-time chat feature directly with traders natively through the wallet, providing an elevated p2p commerce experience and a valuable tool when arranging for the transfer of tokenized physical or real-world assets between peers and/or the ability to seek additional information directly from issuers themselves.While the network activates true on-chain royalty enforcement for creators, the RBX native auction engine now enforces bid fulfillment and ‘buy now’ transactions automatically on-chain with complete transparent bid and transaction history. Each peer auction and store can be viewed by anyone with an RBX wallet and will auto-verify funds prior to participation. As previously known, all tokenized media and data associated with each NFT transfers automatically p2p at the completion of a transaction solving self-custody needs natively.Lastly, third-party integration of the RBX engine is open to any authority providing on-chain solutions for royalty enforcement, self-executing smart contracts with built-in utility leveraging multi-asset and evolving features while also solving media transfer and ownership for issuer communities resulting in trustless engagement, transparent ownership, and increased user loyalty.Additional features and improvements by the community are expected in future releases, with the RBX auction engine being activated in the web-wallet by the middle of the week ahead.About ReserveBlockReserveBlock RBX (ReserveBlock.IO) is an open-source p2p layer 1 blockchain built in C# that is fully autonomous, decentralized, and governed by validators through on-chain voting. RBX was developed with a finite purpose, to democratize mining without the burdens and frictions of Proof of Work (PoW) or Proof of Stake (PoS), but rather a liquid Proof of Assurance (PoA) consensus while earning randomized block rewards in a carbon neutral environment such as a laptop machine with at-will participation. The network is gasless with no lockups or holding periods and gives zero weight to a user's balance. The RBX network is also a complete self-management ecosystem that provides any user with on-chain tools and features to tokenize any digital or physical asset with native minting through self-executing NFT smart contracts (SENs). RBX SENs can be deployed natively with peer-to-peer transferring of the underlying media and files associated with any NFT and through a non-custodial core-wallet without any third-party application.Website | Discord | Telegram | Twitter | GitHubContactReserveBlockTeam [email protected]

In his testimony, on March 28, 2023, before the Subcommittee on Agriculture, Rural Development, Food and Drug Administration and Related Agencies Committee on Appropriations, at the U.S. House of Representatives, the Commodity Futures Trading Commission (CFTC) Chairman, Rostin Behnam said that the agency’s jurisdiction is limited to its fraud and manipulation enforcement authority as it […]