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2024-05-10

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The suspected robbers appear to have attempted to throw investigators off the scent by “spreading” the funds “across several crypto wallets.” These stablecoins provide the advantages of cryptocurrencies, such as speedier cross-border transactions and reduced costs, while reducing the price volatility associated with cryptocurrencies such as Bitcoin. They are frequently utilized for online purchases, remittances, and wealth preservation in nations with volatile fiat currencies. BuyUcoin|Buy Bitcoin & Cryptocurrency in India at Best ...Flow of funds from the Industry Recovery Initiative wallet to Binance 14 hot wallet. Source: MetaSleuth How Does Pig Butchering Work?

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Source: www.mocaverse.xyzAnimoca Brands, a metaverse and gaming venture capital firm, has raised $20 million to expand its Web3 identity project Mocaverse.According to the press release, the funding round was led by blockchain- and Web3-focused venture capital company CMCC Global, with other investors including Kingsway Capital, Liberty City Ventures, GameFi Ventures, Aleksander Larsen (Sky Mavis founder), Gabby Dizon (Yield Guild Games founder), Koda Capital institutional investors, and others. Yat Siu, the executive chairman and co-founder of Animoca Brands, participated in the round as well. Speaking of the project, Martin Baumann, the co-founder of CMCC Global, said that, Mocaverse "will unify the unique portfolio of companies within the Animoca Brands umbrella and will become a portal for hundreds of millions of new users to access Web3 and metaverse ecosystems."As part of the raise, Animoca Brands issued Simple Agreements for Future Equity (SAFEs) at a price per share of $2.89. The SAFEs will be automatically converted to ordinary shares after six months. It also gave the investors a free-attaching utility token warrant on a 1:1 dollar basis with a 30-month vesting schedule, it said.Non-transferrable NFT Collection Coming SoonAnimoca Brands said that the new capital will be used to advance the Mocaverse project. This comprises product development, Web3 adoption, and forming new partnerships to "expand the gaming, culture and entertainment ecosystem of Animoca Brands’ portfolio of approximately 450 investments in Web3 companies and projects."Per the website, Mocaverse is the membership non-fungible token (NFT) collection of 8,888 characters called Mocas, each belonging to one of five tribes. Mocaverse aims to enable its participants to create digital identities, gain reputation, earn and spend loyalty points, and use their digital identity across the Mocaverse ecosystem.Per the announcement,"Animoca Brands envisions Mocaverse as the identity and point system for Web3 gaming, culture, entertainment."Mocaverse will soon launch 'Moca IDs' - a non-transferrable NFT collection designed to enable users to have one identity across Animoca Brands' platforms.Moca ID holders, the company said, will gain exclusive access to Mocaverse experiences and will earn loyalty points through active engagement.The loyalty points will drive a permissionless, interoperable, and increasingly decentralized loyalty system, in order to enable third-party adoption and integration of Moca ID, said the press release.Animoca Brands' Yat Siu argued that,"The DAO-based approach of Mocaverse ensures that its community will be focused on driving innovation and collaboration across the broader Animoca Brands ecosystem." Mocarverse, he opined, will see users participate in a community that generates new economic opportunities and will serve as the digital identity, reputation, and loyalty system for other decentralized organizations.____Learn more:- Web3 Neobank 'hi' Secures $30 Million Investment from Animoca Brands to Strengthen NFT Utility- Crypto Struggles Are Predominantly North American, Says Animoca Brands CEO- Animoca's Yat Siu on the Future of the Metaverse- What is the Metaverse?Casio the Latest Japanese Firm to Enter NFT Arena – More to Follow? ETC’s price may breakout soon given the fact that a symmetrical triangle chart pattern has formed on the altcoin’s daily chart. Although this pattern does not explicitly show which direction ETC’s price may breakout in, technical indicators suggest that the cryptocurrency may enter a strong move towards the downside. Nadex Closes Canadian Accounts but Explores Options to ReturnIn terms of pure transactions, we can see that there was a drop in activity from mid-July to mid-August, with the metrics starting to pick up from 21 August, with 119 transactions recorded in the first week. So some of it is practicalities. And then, when you're writing a 200-page essay, you need to pull in a lot of information. So, to be fair to the SEC, that work, the work that's required to do this, because you are setting a precedent, as well as following precedents, it is a pretty involved task.

It was later discovered that these were not genuine Aptos tokens but “scam” tokens named ClaimAPTGift. Upbit customer service reportedly contacted users who had sold these fraudulent tokens, asking for refunds. Immutable is not the only blockchain firm working with AWS, however. Back in January, Avalanche announced that it joined the AWS Partner Network and AWS Activate—and is offering Avalanche subnet deployment as a service through the AWS marketplace. Bitget-Meet the World's Leading Digital Asset Trading PlatformInvesco is the latest fund group to pursue an ETF that would hold ether directly. Ethereum’s scaling solutions have seen a surge in both adoption and value. The total value locked (TVL) in L2 networks has soared to $10.5 billion, more than double from the previous year, according to L2Beat data. In contrast, Ethereum’s TVL has experienced a drop of over 30% in the past year, settling at $20 billion.

“Slight probability shift on Nov 1 towards a hike but still unlikely,” a further prognosis for Fed action read.“Would need to see FED tone & posturing first to weigh the probability.”Updating analysis from earlier on Oct. 6, meanwhile, fellow trader Daan Crypto Trades highlighted declining Bitcoin open interest (OI).Previously, this had hit levels that previously initiated spurts of upside followed by downside volatility.“That’s another $600M in Open Interest lost since yesterday’s high. Getting to the more average and ‘healthy’ levels again,” he summarized.BTC/USD chart with aggregated OI. Source: Daan Crypto Trades/XThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. However, recent trends suggest that its upward trajectory might be under threat. Since February 2023, Ethereum whales, typically large holders with significant influence on market movements, have been consistently cashing in on the elevated prices. Their actions have led to the offloading or redistribution of over 5 million ETH, translating to an approximate value of $8.5 billion. Binance us Review The Best Platform to Buy ...-steraya.onlineIn partnership with the Bank for International Settlements (BIS), the HKMA has been conducting CBDC research and studies. CBDCs are viewed as a potential alternative to retail stablecoins since they provide the benefits of digital currencies while being issued and regulated by central banks. Love him or hate him, when Arthur Hayes speaks, people listen.

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