avalanche Avex -1.67% have chosen that first cohort, Consisting of 15 early-stage web3 startups for the Codebase Accelerator Program ~ after transmission almost 250 application from on 30 nation. code base is not avalanche base An initiative that aims to support the development of the next generation of web3 companies based on blockchain.. The accelerator program will provide between $500,000 and $1 million in funding to each of its 15 cohort members, according to Thursday’s announcement. Selected projects will also be eligible to receive a $400,000 investment prize pool for the 10-week program.The Avalanche announcement adds Colony as follows: lab,…
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March 28, 2024, Delaware, USA, Chainwire To significantly improve the user experience for DeFi users in the Ethereum ecosystem, DeFi Saver has integrated native support for secure smart accounts and multi-sig. DeFi Saver, one of the leading apps for creating, tracking, and managing DeFi positions on Ethereum, announced that it has integrated account abstraction leader Safe to take the DeFi user experience to the next level. This follows Safe’s recently announced milestone of more than $100 billion in digital assets secured in Safe smart accounts and more than 40 million transactions conducted on Safe’s infrastructure. This update means DeFi users…
The SEC accused Terraform Labs of building a fraudulent empire as its civil trial begins more than a year after the lawsuit was filed. The U.S. Securities and Exchange Commission (SEC) has launched a scathing indictment against Terraform Labs PTE Ltd., accusing the blockchain company of creating what SEC lawyers call a “fraud empire.” The civil trial, which began this year, follows a lawsuit filed by the SEC in February 2023. The legal action follows the dramatic collapse of the Terra ecosystem in 2022, resulting in the loss of tens of billions of dollars in investor assets almost overnight. The…
As the horizon brightens with anticipation for another altcoin season, investors are looking for the next cryptocurrency. With a diverse range of tokens gaining traction, the market is ripe with opportunities for those looking to explore the depths of blockchain technology and its numerous applications. 45 days until altcoin season According to renowned analyst Rekt Fencer, altcoin season is just around the corner. This optimistic outlook suggests that now is the time to choose the right micro-cryptocurrency to aim for the 100x returns many people dream of. For this reason, it is important to understand the typical bull market sequence.…
join us telegram A channel to stay up to date on breaking news coverage In a recent update, Oscar Ramos talks about 5th Scape, an exciting new project that came across his desk. As he passionately discussed the project, it became clear that 5th Scape is deeply connected to cutting-edge technologies, especially with a focus on Augmented Reality (AR) and Virtual Reality (VR), which are currently being innovated around Meta Quest and Apple. . Vision Pro technology. Oscar Ramos quickly dives into the details, highlighting the background of the project and the team behind it. He emphasized the importance of…
Venom tokens, the native cryptocurrency of the Venom Foundation’s decentralized network, have surged 30% in price over the past 24 hours. According to the latest report, the token is trading at $0.7311 with a trading volume of $60.3 million. VENOM 24 hour price chart | Source: CoinMarketCap The recent rise in market value of VENOM is directly linked to the mainnet launch on March 28th along with the VENOM token airdrop event. Venom operates as a Layer-1 blockchain launched at the Abu Dhabi Global Market (ADGM) and is distinguished by its Layer-0 asynchronous blockchain technology. It includes a unique mesh…
Ethereum (ETH) is at a critical juncture, aiming for a price of $4,000. In this ambitious pursuit, digital assets face a significant challenge that could affect their trajectory: scrutiny from the U.S. Securities and Exchange Commission (SEC). Despite these potential regulatory hurdles, some analysts remain optimistic about Ethereum’s prospects. detailed analyze Market observer Captain Faibik highlighted a bullish pattern on ETH’s 4-hour candle chart, suggesting that the $4,000 threshold has been reached. Ethereum Eyes $4,000 Milestone This optimism stems from a descending wedge pattern observed by Faibik, which indicates the end of Ethereum’s consolidation phase and a possible price breakout.…
BlackRock’s IBIT spot Bitcoin exchange-traded fund surpassed 250,000. BTC +0.84% Assets under management increased by ($17.7 billion) on Wednesday, just 11 weeks after trading began on January 11.BlackRock’s Bitcoin ETF has already amassed 245,951 BTC as of Tuesday, according to a recent fund disclosure. IBIT’s $323.8 million (4,702 BTC) worth of net inflows yesterday were enough to surpass the milestone, according to BitMEX Research data.“IBIT is the fastest-growing ETF in ETF history,” BlackRock CEO Larry Fink told Fox Business’s Charlie Gasparino and Liz Claman on Wednesday. He added that he was surprised by how much Bitcoin had risen.Fidelity’s FBTC AUM…
The trial for Terraform Labs and Do Kwon begins following his release from a New York City jail. The SEC accused Kwon of fraud over the collapse of TerraUSD, causing $40 billion in losses. As the New York trial progresses, the United States and South Korea are fighting over his extradition. At a pivotal moment for the cryptocurrency world, the trial against Terraform Labs and its founder Do-Kwon Kwon begins today in New York. 🔥 GM CryptoX – 2 important dates for the bad boys of crypto 🔸 Today is the beginning of Dokwons US 🇺🇸 #secretary trial🔸 On Thursday,…
There are reports that the Hong Kong SFC is considering approving a Bitcoin ETF in the second quarter of 2024. VSFG and Value Partners have applied for approval to offer a spot Bitcoin ETF in Hong Kong. VSFG aims to launch a spot BTC ETF as early as May of this year. Hong Kong’s financial landscape is poised for a potential change as prominent asset management firm Venture Smart Financial Holdings Ltd (VSFG) prepares to launch a spot Bitcoin exchange-traded fund (ETF) in Hong Kong as early as May. . VSFG, in collaboration with local firm Value Partners, has submitted…