Polkadot-Cardano Bridge Ignites Community Excitement
Polkadot community is excited about a proposed bridge to link $DOT and $ADA networks. Development underway for a Cardano-Polkadot light client and NFT swap bridge. #Crypto #Updates
TON Ecosystem Boosted by $20M Fund Launch
Bitget and Foresight Ventures have launched a $20M fund to support early-stage projects in The Open Network (TON) ecosystem, which has seen TVL surge fivefold to $600M. Notable projects like STON.fi and USDT are driving growth. #CryptoUpdate
Hashed Ventures Expands to Abu Dhabi
Hashed Ventures expands to Abu Dhabi, drawn by clear regulations and a supportive ecosystem. With $700M AUM, the firm aims to introduce S. Korean companies to the region. CEO sees Abu Dhabi as prime for growth opportunities. #Web3
OneCoin Cryptoqueen Bounty: $5m Reward Offered
The U.S. State Department offers a $5M bounty for info on Ruja Ignatova, the “Cryptoqueen” behind the $4B OneCoin Ponzi scheme. Ignatova vanished in 2017 before her indictment. This reward marks a significant increase from $250K. #Update
PancakeSwap Unveils AI Predictions Market on Arbitrum
PancakeSwap launches AI-driven predictions market on Arbitrum, letting users forecast $ETH price movements every 10 mins for token rewards. Celebrating with a 9-week campaign and 60,000 $ARB reward pool. #DeFi #Update
Ethereum Supply Surges by 112,000 ETH
Ethereum’s supply grew by 112,000 ETH since April 14, 2024, post-Dencun update. This reverses the deflationary trend from The Merge. Currently trading at $3,370, ETH saw a 0.82% dip in 24 hours with a $4.4B volume. #CryptoUpdate #Ethereum $ETH
Worldcoin Alchemy Partnership Launches World Chain
Worldcoin partners with @AlchemyPlatform to launch World Chain, a blockchain on Optimism’s OP Stack integrating with Ethereum and Coinbase. Focuses on DeFi and digital ID with proof of personhood tech to prioritize verified users. Developer preview soon. #Update #DeFi
Buterin Autographed Flag Raises $8000 for Ukraine
Vitalik Buterin signed a Ukrainian flag at the Incrypted Conference 2024, raising $8,000 for FPV drones for soldiers. Organized by the Kyiv Ethereum Community, this raffle saw 17 participants. Buterin’s support highlights the crypto community’s dedication to social causes. #Ethereum #Update
Danish Ban on Unhosted Bitcoin Wallets
Denmark’s DFSA plans to ban unhosted Bitcoin wallets, aligning with the upcoming MiCA framework. This move aims to regulate all crypto services and prevent exchanges from offering unregulated wallets to Danish users. #CryptoRegulation #Update
USDT Surges $580M on TON Blockchain
Tether’s $USDT supply on the Telegram-linked TON blockchain grew by $580M in under two months, with net circulation at $519M. #Crypto #Blockchain
Ukraine Releases Comprehensive AI Regulation Guide
Ukraine unveils a White Paper on AI regulation, aligning with EU AI Act principles. A 2-3 year preparatory phase will establish a regulatory “sandbox” and industry-specific guidelines. This move aims to protect citizen rights and boost competitiveness. #AIRegulation #Update
Bitcoin: Michael Saylor Hints at Apple Purchase
? Michael Saylor hints at Apple buying Bitcoin with a cryptic post featuring a blue apple and the $BTC logo. Speculation grows as Saylor suggests Apple could integrate Bitcoin security features into its ecosystem, potentially reshaping the financial sector. #Bitcoin
DORAE Crashes 99% in Solana Rug Pull
Doraemon ($DORAE), a Solana-based meme coin, crashed 99% after an alleged rug pull by the developer, liquidating 2.5M $DORAE for 10,538 $SOL ($1.45M). This highlights the risks in the volatile meme coin market. #Crypto #Update
Web3 Governance Revives Mainstream Gaming Industry
Helldivers 2 by @ArrowHeadStudios sets a record with 12M copies sold. The backlash over requiring PlayStation accounts for PC players shows the need for DAOs in gaming for better player engagement and decision-making. #Web3 #Update