The project, founded in 2022, says it aims to incorporate AI into decentralized applications with its “on-chain AI oracle.” Source
Category: ICO
Blast Token Debuts at $3B Value as 17% of Supply Airdropped to Early Adopters
Blast is the second largest layer 2 network with $1.6 billion in TVL. Source
Animoca Looks to Go Public in Hong Kong or Middle East in 2025: Report
The prominent Web3 investor has held talks with investment banks, but is yet to finalize an advisor. Source
Germany Moves 750 Bitcoin (BTC), Altcoins Bleed Liquidity
Bitcoin, after a brief surge above $62,000 in the early Asian session, retreated to $61,400. The price fell amid significant on-chain activity in the German government’s BTC holdings. According to blockchain sleuth Lookonchain, the eurozone’s largest economy transferred 750 BTC, valued at over $46 million, sending 250 BTC to crypto exchanges Bitstamp and Kraken, an indication that the country may be preparing to sell the tokens. This action, part of a divestment of BTC seized from a privacy website, added to bearish pressures in the market. The government holds over…
Many Crypto Entities May Not Know the Correct Deadline for Sustinability Disclosures Under MiCA: Risk Analyst
However, issuers of asset-referenced tokens (ARTs) and electronic money tokens (EMTs) are required to make sustainability disclosures from June 30, 2024, and crypto asset service providers are required to start making disclosure requirements by the end of the year, explained Rowan Varrall, Associate Director at DTI Foundation. Source
Investcorp and Securitize Launch Fund Tokenization Partnership
“This partnership with Securitize continues Investcorp’s strong legacy as an innovator in alternative investments,” said Anthony Maniscalco, Managing Partner, ISCG, in a release. “The use of tokenization technology has the potential to increase efficiencies for investors, and also provides for a new era of accessibility. Through this collaboration, Securitize is bringing access to the GP staking strategy for a wider range of investors.” Source
Ether (ETH) Spot Exchange-Traded Funds (ETFs) to Attract $15B of Net Inflows in First 18 Months: Bitwise
“Some investors may have bought a bitcoin ETP and stopped there, thinking their crypto exposure was covered,” the report said, adding that this dynamic may be true in the U.S. also. Assuming ether ETFs only capture 22% of the market, as in Canada, cuts the estimate of net new inflows to $18 billion, and other factors chop off another $3 billion. Source
Hydrogen Technology Execs Jailed for Manipulating the HYDRO Token Price
“In this case, for the first time, a jury in a federal criminal trial found that a cryptocurrency was a security and that manipulating cryptocurrency prices was securities fraud,” Nicole M. Argentieri, head of the Justice Department’s Criminal Division, said in the press release Source
ICO statement on its public sector approach trial
In June 2022 we revised our approach to working with public sector organisations and started a two-year trial, as set out in our open letter at the time. While we have continued to issue fines to public bodies where appropriate, we have also been using our other regulatory tools to ensure people’s information is handled appropriately and money isn’t diverted away from where it’s needed the most. We will now review the two-year trial before making a decision on the public sector approach in the autumn. In the meantime, we…
Bitcoin, Ether Options Worth $10B Set to Expire on Friday
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