Author: News Room
Illuvium, a leading name in digital world-building, has partnered with technological titan Samsung. This collaboration marks a pivotal moment in the convergence of digital landscapes and physical technology, promising to usher in a new era of engagement and immersion for users around the globe. Illuvium x @Samsung : Bridging the Digital and Physical Worlds🌉Leaders in Entertainment Join Forces! We’ve partnered with @Samsung to bring Illuvium to homes around the globe! Get ready for a collaboration that combines the best of cutting-edge technology. The future is… pic.twitter.com/FmGIOjdplh — Illuvium (@illuviumio) April 9, 2024 The partnership is more than a simple collaboration;…
The US Treasury Department is actively advocating for broader enforcement powers aimed at regulating foreign providers of cryptocurrency services, driven by the imperative of strengthening national security measures. Deputy Secretary Adewale O. Adeyemo has underscored the urgent need to confront the rising threat posed by nefarious actors who exploit digital currencies to circumvent conventional financial regulations. Read the full article here
Fake Elon Musk YouTube streams supposedly promoting crypto schemes aren’t new. On Monday, total solar eclipse, that dazzled millions in the US, was allegedly livestreamed by a fake SpaceX YouTube channel. The live telecast featured business tycoon and SpaceX CEO Elon Musk’s AI-generated speech, promoting a crypto investment scheme. “The stream shows a deepfake of Elon Musk asking users to scan a QR code on the screen and deposit cryptocurrencies to have them doubled,” research group and iOS developer Mysk flagged first. Woow! A verified @YouTube account is impersonating @SpaceX’s account and airing a livestream about the solar eclipse. The…
Space Nation Online, an Ethereum-based sci-fi MMORPG built on the Immutable zkEVM scaling network, has announced a 10-week airdrop rewards event while the game is in closed beta. On Monday, players who held certain NFTs became eligible to receive “OIK shards” (effectively airdrop points) for Space Nation Online. Each day at 9:05 UTC, a snapshot of NFT holders will be taken and those players will receive their OIK shards, which can be converted to OIK tokens at a 10:1 ratio. OIK is the primary token for the wider Space Nation franchise. Space Nation was founded in 2019 by gaming industry…
On April 9, BCB Group announced that it had transitioned its digital asset custody operations to Metaco’s custody orchestration platform. BCB Group is a London-based financial services company specializing in the digital asset sector. They are Europe’s top provider of business accounts and trading services for companies that operate with cryptocurrencies. Some of their major clients include well-known names like Bitstamp, Coinbase, Galaxy, Gemini, Huobi, and Kraken. BCB Group offers a range of services including payment processing (supporting over 30 currencies), foreign exchange (FX), cryptocurrency trading and liquidity, as well as digital asset custody. The company was founded with the…
STFIL, a major Filecoin (FIL) staking platform, has revealed that members of its core technical team are under investigation by Chinese police. The company announced this information on its official X (formerly Twitter) account on April 9, 2024, at 04.53 UTC. STFIL claimed that they have engaged legal counsel to assess the situation and offer support to those detained. Millions in Filecoin Moved as STFIL Team Faces Investigation The announcement comes after unexplained protocol upgrades and a large transfer of FIL tokens from the STFIL platform to an unknown address. Currently, that address holds approximately 2,568,022 FIL, worth an estimated…
According to Shahaf Bar-Geffen, CEO of the privacy-centric Layer 2 network COTI, enterprises and mainstream organizations are not yet fully convinced of the benefits of complete privacy or true anonymity in any system. Bar-Geffen said the primary reason for this is that such systems often get exploited by individuals with dishonest intentions. Regulators’ Perceptions of […] Read the full article here
Crypto investors are rubbing their hands together as Tuesday shapes up to be a green day for the market. A handful of coins are leading the charge with impressive gains, including Toncoin (TON), Neo (NEO), and an exciting new meme coin project called Dogecoin20 (DOGE20). Toncoin Hits New ATH as Buying Frenzy Intensifies Toncoin is ripping higher today, up 21% over the past 24 hours to trade at $6.90. The rally has been sensational, with TON hitting a new all-time high of $6.98 just a few hours ago. As investors continue piling in, spot trading volumes have also exploded 450%…
According to Glassnode, a leading provider of on-chain and financial metrics, the Realized Cap metric offers a fundamental way to monitor the total USD liquidity held within the Bitcoin asset class. Currently, the Realized Cap has surged to a new all-time high (ATH) value of $540 billion. It marks a significant milestone in the cryptocurrency market. We can employ the fundamental Realized Cap metric to track the cumulative USD liquidity ‘stored’ within the #Bitcoin asset class. Currently, the Realized Cap resides at a new ATH value of $540B, and is increasing at an unprecedented rate of over $79B/month. pic.twitter.com/rw2ridVjHh —…
Velo and Solana have announced a partnership to create a clearing house for Laos digital gold transactions. In an April 8 announcement, Velo revealed a memorandum of understanding (MOU) to establish a clearing house for the project. By combining Solana’s advanced blockchain technology with Velo’s infrastructure, the partners will create a highly efficient and secure platform for processing digital gold transactions that will be settled on the blockchain. This key feature will ensure the verification and coverage of multiple transactions, the trust of developers among counterparties, and will ensure the smooth execution of contractual obligations between buyers and sellers of…