“As part of these efforts, Igor and Jonatan Zimenkov both had direct correspondence with sanctioned Russian defense firms,” an OFAC press release said. “They have additionally been involved in multiple deals for Russian cybersecurity and helicopter sales abroad and have engaged directly with Rosoboroneksport’s potential clients to enable sales of Russian defense materiel.” Source
Month: February 2023
LTC Races to 9-Month High, ATOM Extends Recent Gains – Market Updates Bitcoin News
Litecoin raced to a nine-month high on Feb. 1, following a breakout of a key resistance level. The surge in price comes as the global cryptocurrency market cap rose marginally higher today, and is up by 0.57% as of writing. Cosmos was another notable mover, with prices up for a second straight session. Litecoin (LTC) Litecoin (LTC) surged to a nine-month high on Wednesday, as prices rose past a key resistance level. LTC/USD hit a peak of $97.73 earlier in today’s session, less than 24 hours after trading at a…
DeFi Marketplace Archimedes Raises $4.9M in Seed Round Led by Hack VC
The decentralized finance lending and borrowing platform is launching in February. Source
Federal judge bars SBF from contacting FTX and Alameda employees, using Signal
A federal judge presiding over the criminal case against former FTX chief executive officer Sam Bankman-Fried has ordered he not have any contact with current or former employees of the exchange as part of his bail conditions. In a Feb. 1 ruling, Judge Lewis Kaplan of the Southern District of New York said Bankman-Fried was to be prevented from communicating with current or former employees of FTX or Alameda Research “except in the presence of counsel” in order to remain free on bail through his trial. As part of his…
Twitter Social Media Rival Damus Makes Its Debut on App Store
With its current positioning, Damus is notably ready to take on the privacy communication model beyond the big tech. After its initial rejection, Damus, a decentralized social media platform messaging platform has finally made its debut on Apple Inc (NASDAQ: AAPL) AppStore. As reported by The Block, the social platform went live on Tuesday and the launch got a shout-out from Twitter founder and former Chief Executive Officer Jack Dorsey. and Google Play Store: https://t.co/1Ve7GIBG0F and of course, the open web: https://t.co/qXl9xrmtKE (one of many) — jack (@jack) January 31,…
Bitcoin Price Little-Changed on Soft Economic Data Ahead of Fed Meeting
Bitcoin (BTC) barely noticed the news, continuing to trade flat over the last 24 hours at just above $23,000. After a brutal 2022, the crypto has moved higher so far this year, in part as many are expecting a slowdown in the economy and inflation, and perhaps easier monetary policy from the U.S. Federal Reserve. Source AheadBitcoindataEconomicFedLittleChangedMeetingPriceSoft CryptoX Portal
Doodles 2 NFT Mint Opens, Dooplicators Price Soars on OpenSea
The Doodles 2 collection allows users to create custom wearables for their original Doodles avatars on the Flow blockchain. Source
Israel’s Web3 Powerhouses Unite to Launch Inaugural ETHTLV
Israel’s most successful web3 businesses have come together to organize the first annual ETHTLV, which will run from February 1 to 9 in Tel Aviv. The inaugural event aims to invigorate the country’s thriving startup community, establish the community’s foothold in the global web3 scene, and discuss the steps web3 must take to onboard the next billion users. Attendees of the week-long series will learn from serial entrepreneurs who have forged businesses and become authorities in the web3 space, including: ConsenSys: a market-leading blockchain technology company founded by Ethereum co-founder…
Decentralized Exchange Dexalot Starts a Hybrid DeFi Subnet
Dexalot’s dual-chain app establishes a base for expanding to other host chains to enable mass adoption of decentralized finance (DeFi), according to the press release. The Subnet implementation will build a foundation for interoperabilities within multiple ecosystems, which can be created on top of, and around Dexalot, the press release added. Source
Web3 could seize on the decades-old software-as-a-service business model
In the era of services like Netflix, Dropbox or Amazon Prime, it’s quite easy to forget about the times when customers were getting in line to acquire boxed digital products, like software or entertainment media, with one-time purchases. The age of annual fees started when consumer products turned into subscription-based services. The same transformation happened approximately a decade ago in the enterprise world when businesses reimagined ages-old solutions like enterprise resource planning or customer relationship management as ongoing services monetized via recurrent billings. Hence, the business-to-business (B2B) software-as-a-service (SaaS) model…