NFT / BTC / DEFI News 📣

2024-01-29 09:44:11 South Korean Crypto Exchanges Blocked $82m Worth of Romance Scam Transactions in 2023

South Korean crypto exchanges say they blocked over $82 million worth of transactions linked to romance scams last year.

Per Seoul Shinmun, the crypto exchange Coinone claimed catfishing and other romantic scams that make use of crypto were now “rampant” in South Korea.

Coinone said that it had halted over $2.6 million worth of romance scam-linked trades. The firm said it used an “abnormal transaction detection system” and “24-hour monitoring” network to protect customers.

The announcement comes days after a warning from the Financial Supervisory Service (FSS).

On January 22, the FSS claimed that there had been a rise in crypto-related scams on social media sites.

The regulator told the public to beware of romance scammers. The FSS also warned of the dangers of unsolicited investment-related “recommendations and advice.” Buka / Bagaimana

2024-01-28 16:28:07 New Solana Meme Coin ‘WEN’ Airdropped to 1 Million Wallets – Here’s How to Check Eligibility

WEN, a new Solana meme coin, has gained significant traction after being airdropped to over a million wallets.

The airdrop, which took place on Friday morning, was facilitated through the decentralized exchange (DEX) aggregator Jupiter, as part of a large-scale test of its new launchpad.

Jupiter will continue its airdrop spree next week with its own token, JUP, which is eagerly anticipated by nearly a million eligible wallets.

However, the WEN airdrop had an even wider reach, extending eligibility to over a million Solana wallets.

This included active Jupiter users from the past six months, holders of various popular NFT projects on the platform, and even owners of the Solana Saga smartphone.

Each wallet that met the eligibility criteria could claim an airdrop of 643,652 WEN tokens. Buka / Bagaimana

2024-01-27 09:02:12 AI and Crypto Mining to More Than Double Energy Use by 2026, Report Says

The International Energy Agency (IEA) anticipates substantial increases in energy consumption from crypto mining and artificial intelligence (AI) in the coming years, with projections suggesting a more than 30% surge by 2026.

The IEA’s Electricity 2024 report outlines the expected growth in energy usage through 2026, highlighting that power generation, including for crypto mining purposes, remains a major contributor to carbon emissions but is leading the transition to net-zero emissions.

Meanwhile, renewables are forecasted to become the primary sources of power by 2025, according to the report.

The report noted that energy consumption by data centers, AI, and crypto mining facilities may surpass 1,000 terawatt-hours (TWh), more than doubling in the specified timeframe.

Crypto mining predicted to use as much electricity as Japan
In terms of AI specifically, the report said the growing sector is set to experience a tenfold increase in power consumption between 2023 and 2026, with large language models (LLMs) like ChatGPT alone expected to consume nearly 10 TWh per year.

The rise in energy usage from crypto and related activities is projected to reach the level of Japan’s electricity consumption.

In 2023, Bitcoin mining alone consumed 120 TWh, up from 110 TWh in 2022.

Despite the report acknowledging that crypto mining constitutes a small portion of global energy consumption, it did raise concerns about challenges in reducing electricity consumption. Buka / Bagaimana

2023-12-20 21:24:46 Galaxy Digital CEO Novogratz Anticipates Bitcoin ETF Approval by Jan 10

Galaxy Digital CEO Michael Novogratz predicts a significant milestone in the cryptocurrency market with the first approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC).

In a recent interview with CNBC, Novogratz elaborated on his anticipations, highlighting the 2023 cryptocurrency market and the Bitcoin price. He underscored the significant role of central banking decisions in shaping market trends across various asset classes. Besides, Novogratz expressed confidence in the SEC’s imminent approval of spot Bitcoin ETFs.

“We’re gonna get this ETF before Jan. 10. That’s kind of the drop-dead date that Gensler has before he gets in trouble with Grayscale and the lawsuit,” said Novogratz.

Grayscale CEO Calls for Simultaneous Approval
It is unclear if Novogratz was specifically referring to Grayscale’s Bitcoin ETF or any other Bitcoin ETF applications filed by other financial institutions. Meanwhile, Grayscale CEO Michael Sonnenshein said the SEC needs to approve Bitcoin ETF filings simultaneously to avoid giving any issuer an early advantage.

“We’ve publicly been advocates of the fact that when the commission is ready to give the requisite approvals for spot products to come to market, that it should be done all at once,” said Sonnenshein in an interview with Bloomberg. “The issuers who are operationally ready to launch their products should come out the gate all at once.” Buka / Bagaimana

2023-12-17 13:13:52 Taiwan Police Target Crypto Influencers Linked to Polymarket Election Betting

Taiwanese law enforcement has initiated an investigation into online influencers and community members involved in promoting a Polymarket contract related to Taiwan’s upcoming election.

According to a report from Taiwan-based media outlet BlockTempo, the country’s authorities have sent subpoenaes to several influencers and individuals within the crypto community.

Polymarket allows users to place bets on the outcome of the January election, with over $300,000 currently wagered on various contracts.

The market currently gives the Democratic Progressive Party’s Lai Ching-te, also known as William Lai, a 78% chance of winning.

However, betting on election outcomes is explicitly prohibited under Article 88-1 of Taiwan’s Presidential and Vice Presidential Election and Recall Act.

The law states that individuals gambling on election or recall outcomes in public or public-accessible places can face fines, short-term detention, or imprisonment for up to six months. Buka / Bagaimana

2023-12-14 15:24:08 Looking to earn money before the New Year???

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2023-11-29 02:24:34 CumberVerseETH is the Universe of cucumbers where ALL Cumbers are LOVING , POWERFUL and WISE. We are showing everyone that you don’t need a reason to create art and art by itself is THE REASON. Cumbers in the CumberVerseETH have the most powerful energies and information to heal and transform your energies for you to live your best life. CumberVerseETH is bringing all the most powerful Alchemists together. We are infusing Web3 and the Earth with LOVE, PEACE ,JOY and DIVINE LIGHT. Join us in the most powerful transformation done in earth’s history.

CumberVerseETH is a unique project with new perspectives around Art, NFTs, Spirituality and Meditations. Our revolutionary vision is to bring a spiritual community together who also have an affinity for Art.
Static Meditations : Weekly sessions designed to calm and heal the mind
BreathWorks : Weekly sessions designed to re-energize the body and mind and remove negative energies
Dynamic Meditation : Weekly sessions designed to upgrade our vitality.

We hold weekly spaces for speaking on different spiritual topics and asking and answering any questions regarding the information shared in the project and in the X channel. (Q&As)
We also have weekly CumberParties which are livestreams with music on X, holders showcasing their Cumbers, dancing, chatting and having a good time.

HOLDER BENEFITS
#1 : Exclusive access to future Dapp(s) for CumberVerseETH
#2 : Meditations and CumberParties to be private sessions exclusive for Cumber holders once we have enough holders.
#3 : Exclusive in person Art gatherings, Meditation Gatherings and Spiritual Convo gatherings.
#4 : Exclusive merchandise designed for holders
#5 : Cumber holders will have early access to next project (AI-Art project which integrates blockchain technology)

Notes : Ownership of the SmartContract will be renounced after all 22,222 Cumbers have been minted.
In order to better understand why CumberVerseETH is the most powerful transformation in earth’s history please check out the information shared on this topic on X channel.

Check out the X channel:
@CumberVerseETH

https://x.com/cumberverseeth?s=21&t=_Z4uY-fulCu85qBgQbUvIA

Website: http://CumberVerseETH.com

Public Mint: 0.088 Buka / Bagaimana

2023-11-27 22:08:08 DOCSWAP: A decentralized exchange (DEX) and more, designed to empower the crypto community.

DOCSWAP is a versatile platform supporting multiple EVM Layer 1 and Layer 2 blockchains, offering services like DEX, LaunchPad, Staking, and more. It's not just another DEX; it's a hub for DeFi innovation!

With only 300,000 DOCSWAP tokens circulating, it's a commitment to scarcity and value. Over 500,000 DOCSWAP tokens have already been burned, and the supply continues to shrink.

HOLDER BENEFITS

Benefit 1: USDT Reflection Holding 500+ DOCSWAP
Benefit 2: Exclusive access to decentralized services
Benefit 3: Be part of a community-driven project
Benefit 4: Access to the ever-evolving crypto ecosystem
Benefit 5: Opportunities to participate in future developments

Join the movement now and get involved!

Check out our official Telegram: https://t.me/DexonCrypto_0fficial

Website: https://dexoncrypto.com Buka / Bagaimana

2023-11-17 21:39:09 ​JPMorgan Explores Fund Tokenization for Personalized Portfolio Management


JPMorgan and Apollo have collaborated with several blockchain firms to showcase a “proof of concept”, demonstrating how asset managers can tokenize funds using the blockchain of their preference.

According to a press release issued on Wednesday, the companies said that blockchain technology has the potential to be employed for the management of extensive client portfolios, the execution of trades, and the facilitation of automated portfolio management for tokenized financial assets.

The demonstration additionally enabled wealth managers to acquire and rebalance their positions in tokenized assets across various blockchain networks.

Collaborators with JPMorgan’s Onyx Digital Assets included interoperability layer Axelar, infrastructure provider Oasis Pro, Provenance Blockchain, interoperability protocol LayerZero, Avalanche blockchain creator Ava Labs, Web3 developer Biconomy, and asset manager WisdomTree.

Oasis Pro was responsible for enabling the tokenization of assets, such as Apollo funds, on the Provenance Blockchain Zone, the release stated.

“Our goal is to create solutions that bring significant efficiencies and enable better outcomes for Asset & Wealth Managers and investors through personalized, highly scalable portfolios, regardless of asset class or where those assets are managed and recorded,” said Tyrone Lobban, head of Onyx Digital Assets. “The interoperability achieved through Project Guardian is a step forward in showing how tokenized traditional and alternative investments can be automatically managed across multiple systems.”

The initiative is a component of Project Guardian, a collaborative venture spearheaded by the Monetary Authority of Singapore (MAS), working in conjunction with traditional financial institutions. Its objective is to explore opportunities and potential risks associated with DeFi.

The initial announcement was unveiled at Singapore’s Fintech Festival, which was held between November 15 to 17.

Onyx leveraged the Axelar network to establish interoperability with Provenance Blockchain Zone, the private blockchain employed for the project. Oasis Pro, a fintech infrastructure provider for real-world assets, played a crucial role in implementing the tokenization of assets on the Provenance Blockchain Zone, the companies said in the release.

“Successfully delivering the solutions for portfolio rebalancing is a critical step in the evolution of traditional asset-management functions,” said Pat LaVecchia, CEO of Oasis Pro. “This next generation of technology will increase speed and efficiency across legacy systems.”

Additionally, Anthony Moro, Provenance Blockchain CEO, noted in the release that JPMorgan’s initiative is believed to be the first “blockchain interoperability solution for institutional financial services.” Buka / Bagaimana

2023-11-14 18:06:08 ​Polymarket Bets Favor Trump for GOP Nomination With an 81% Chance of Winning

This week, the blockchain-based forecasting platform Polymarket’s figures indicate that Donald Trump is leading the race for the Republican nomination in July 2024. Trump is ahead of a group of 13 contenders, which includes a few not actively campaigning, in a betting pool worth $5.25 million.

Decentralized Crypto Betting Shows Trump Leads GOP Race, DeSantis and Ramaswamy Trail Behind
While the opponent for current U.S. President Joe Biden remains undetermined, online betting sites are signaling a strong likelihood of Donald Trump clinching the Republican nomination. Predictit.org estimates Trump’s chances at 73% for securing the nomination and 28% for not. Meanwhile, Covers.com assigns Trump an 83.3% implied probability of victory in the nomination race.

The betting dynamics among the top three Republican prospects were quite different in August. Recorded on August 24, 2023, the same wager, then valued at $4.86 million, positioned Trump in the forefront with a 71% probability of taking the nomination. At that time, Ramaswamy enjoyed a runner-up status with a 17% chance, while DeSantis trailed with a 13% probability.

The perspectives of Donald Trump, Vivek Ramaswamy, and Ron DeSantis on bitcoin reflect a spectrum of views that may shape the crypto policies of their potential presidencies. Trump has cast doubt on bitcoin, labeling it a challenge to the U.S. dollar and decrying it as a “scam.” Ramaswamy, meanwhile, champions bitcoin, even welcoming it for campaign contributions.

DeSantis joins Ramaswamy in endorsing bitcoin, critiquing what he considers governmental resistance to bitcoin and other crypto assets. Despite leading in various betting forums and on the crypto-based Polymarket, Trump’s stance is markedly less supportive compared to the other candidates, advocating for the primacy of the U.S. dollar and stringent crypto regulations. Buka / Bagaimana