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Artwork Marketplace and Community Platform HeartX Announces App Product Close Beta
1 year ago 2 mins read

Artwork Marketplace and Community Platform HeartX Announces App Product Close Beta

Central, Singapore, April 19th, 2023 HeartX, an artwork marketplace and community platform, just announced that its app product starts the Close Beta Test today. It’s available now on both App Store and HeartX official website, but only people with the limited invitation code can register as community members and start earning by voting. The Close Beta of the HeartX app introduces people to their Vote-to-Earn system, which is the beginning of its X-to-Earn ecosystem that the HeartX team has planned. Those interested can acquire the invitation code by following HeartX on Twitter to participate in specific activities and taking part in events on Discord.

SwissBorg Raises over €20M with Revolutionary Community-Centric Fundraising
1 year ago 2 mins read

SwissBorg Raises Over €20M with Revolutionary Community-Centric Fundraising

Lausanne, Switzerland, April 18th, 2023 In a groundbreaking move that has set new standards for fundraising, SwissBorg has demonstrated the power of community-centric approaches in raising funds, outperforming even private and institutional investors. Building upon their earlier success in raising $50 million from 24,000 individuals during their initial coin offering (ICO) held in 2017/18, SwissBorg’s Series A fundraising, which closed last Friday, has produced astonishing results. SwissBorg raised a total of 21,242,064 Swiss Francs and sold 13,651,189 shares to 16,841 investors, reaching a final valuation of approximately 200M Swiss Francs. This remarkable achievement underscores the potential of community-driven fundraising and the

Shiba Inu whale transferred 3.4 trillion SHIB tokens worth $40 million
1 year ago 1 min read

Shiba Inu (SHIB) Witnessed a Historic Transaction Worth $40 Million in the Crypto Market

The world of cryptocurrencies witnessed a historic transaction as a mysterious Shiba Inu whale transferred 3.4 trillion SHIB tokens worth $40 million. This transfer raised questions about the possible involvement of a crypto exchange among its internal addresses. The memecoin has been dominating the crypto market, with the change in the Twitter logo to DOGE by Elon Musk making memecoin the talk of the town. According to IntoTheBlock, the total transaction of SHIB for the past week has reached $175 M. The recent massive transaction has created an impact on the industry, leaving many wondering about its significance. Meanwhile, SHIB’s

The official Twitter account of the Floki Inu ecosystem has been awarded a golden checkmark
1 year ago 1 min read

Floki Inu Becomes First Dog-Themed Crypto Ecosystem to Receive Twitter Golden Checkmark

The Floki Inu ecosystem, which has taken the crypto world by storm, has added another feather to its cap. The official Twitter account of the Floki Inu ecosystem has been awarded a golden checkmark, which signifies that it is a business organization account. Notably, Floki Inu is the first and only dog-themed crypto ecosystem to receive this prestigious mark. Even Elon Musk’s favorite Dogecoin only has a blue checkmark, along with fellow meme tokens Shiba Inu and BabyDogeCoin. The announcement of the golden tick coincides with the release of FlokiUltras 2.0, the second phase of a guerilla marketing competition organized

Avalanche (AVAX)
1 year ago 1 min read

Merit Circle DAO Launches Beam, a Gaming Subnet Built on Avalanche (AVAX)

Merit Circle DAO, a growing digital community focused on developing futuristic gaming infrastructure, has announced the launch of Beam, a gaming subnet built on the Avalanche (AVAX) blockchain. Beam aims to revolutionize the gaming industry by providing a seamless onboarding process for developers seeking to build next-generation gaming protocols. The $MC token is expected to be used for gas fees and network validation on the Beam subnet. As a result, $MC holders will benefit from increased token burns from the Beam network. The Avalanche network ensures minimal fees for fast transactions, and the Beam network allows gaming developers to focus

The Russian central bank is reportedly considering the use of cryptocurrencies
1 year ago 1 min read

Russian Central Bank explores the potential of crypto for international payments

The Russian central bank is reportedly considering the use of cryptocurrencies for international settlements, marking another step in the country’s efforts to regulate the crypto market. The move comes as Russia faces international sanctions, with the country’s central bank exploring the use of cryptocurrencies for external payments as an experiment. While the central bank generally opposes the use of cryptocurrencies, officials have stated that they are open to the idea of using them for international settlements. Russia is also working on a broader framework experiment for the use of cryptocurrencies, with updates to its cryptocurrency regulations expected soon. Among these

Sweat Economy Shakes Up Web3 With Biggest Governance Proposal
1 year ago 4 mins read

Sweat Economy Shakes Up Web3 With Biggest Governance Proposal

London, United Kingdom, April 18th, 2023 Sweat Economy, the brand behind the popular Sweatcoin and Sweat Wallet apps, is proposing a groundbreaking new approach to Web3 governance with its upcoming token burn vote.  The vote, set to take place on April 18 to April 23, 2023, will give Sweat Economy’s community the authority to decide how to deal with the 100 million $SWEAT tokens accumulated as fees and revenues by the project since the start of this year. The community will decide what proportion of this amount will go to reward long-term $SWEAT stakers and what percentage will be burned.

Trump NFTs to Be Released Soon
1 year ago 1 min read

New Trump NFTs Set to Launch Soon

Former US President Donald Trump has announced the launch of the Series 2 of his Non-Fungible Token (NFT) collection on the Polygon network. According to Trump’s post on his social media platform, Truth Social, the new collection consists of 47,000 tokens, which is 2,000 more than his first collection. The price of $99 per token remains unchanged. Despite rising market demand, Trump chose not to increase the selling price of the new NFT collection, explaining on social media that he wanted his supporters to “have fun doing it” and make money. The announcement of the new collection, however, caused a

Binance cryptocurrency exchanges has reportedly lifted the €10,000 limit on Russian accounts
1 year ago 1 min read

Binance Lifts €10,000 Limit on Russian Accounts

Binance, one of the world’s largest cryptocurrency exchanges, has reportedly lifted the €10,000 limit on Russian accounts that was imposed in April 2022. This development was reported by RBC, a local media outlet, on April 18. According to the report, the technical support team of Binance confirmed that Russian users can now deposit and trade on the platform beyond €10,000. However, Russian users are still prohibited from peer-to-peer transactions in U.S. dollars and Euros. Binance’s decision to lift the restrictions comes almost a year after it imposed the limit. At the time, the exchange cited the EU’s fifth package restrictions

Unchained Secures $60M Investment to Revolutionize Collaborative Custody for Bitcoin
1 year ago 1 min read

Unchained Secures $60M in Funding to Expand Collaborative Custody Bitcoin Services

Unchained Capital has secured $60 million in a Series B funding round led by Valor Equity Partners, despite the bear market grind. The financial services provider for Bitcoin holders offers a more secure way to hold fees than storing crypto on centralized exchanges or single-key solutions. Unchained’s custody model leverages the Bitcoin network’s native multi-signature capabilities, with clients sharing control of their Bitcoin between private keys they hold and private keys held by Unchained or other financial services companies. The multi-sig process eliminates single points of failure and mitigates counterparty risk by sharing it between multiple parties, radically reducing risk

Kyber Network decentralized crypto exchange
1 year ago 1 min read

Kyber Network Sounds Alarm Bells, Calls for Immediate Fund Withdrawal

Kyber Network, the developer of the Kyberswap Elastic decentralized crypto exchange, announced on April 17 that there was a potential vulnerability in the exchange’s contracts. As a precaution, all liquidity providers have been instructed to withdraw their cash as soon as possible. The vulnerability is limited to Kyberswap Elastic money, and no funds were lost, according to the developer. Kyberswap Elastic is a decentralized exchange that allows liquidity providers to provide “concentrated liquidity” by setting a price cap and floor for the tokens they deposit into the pool. LPs earn fees only if the price remains within the range they

Blockchain Bridge Succumbs to Hackers, Loses Second Largest DeFi Heist of $320M Ether
1 year ago 1 min read

Blockchain Bridge Hacked for $320M in Second Biggest DeFi Attack

Wormhole, one of the largest bridges between Solana and other blockchains, has been hacked for about $320 million, making it the second-largest DeFi hack to date. This comes just days after hackers stole $80 million from the decentralized finance protocol Qubit Finance. Wormhole confirmed the exploit in a tweet on Wednesday evening and stated that it was working to get the network back up as soon as possible. Wormhole is a protocol that allows users to bridge assets across blockchains. It has over $1 billion in total value locked and supports six blockchains, including Terra, Solana, Ethereum, Binance Smart Chain,