ICO Archives

Polygon Acquires Zero-Knowledge Cryptography Firm Toposware

June 4, 2024

“Toposware joining Polygon Labs signals our continued commitment to building the world’s best ZK research and development team,” said Marc Boiron, the CEO of Polygon Labs, in a telegram message to CoinDesk. “ZK technology is central to our overarching strategy, driving initiatives including building the leading aggregated blockchain network with the AggLayer, empowering developers to launch new L2 chains on Ethereum with the CDK, enabling DeFi projects to scale and enhance security with Polygon zkEVM and enhancing the security of Polygon PoS as it becomes ZK enabled.” Source

Galaxy Digital (GLXY) to Benefit From Improving Political Sentiment To Crypto in U.S.: Benchmark

June 4, 2024

Benchmark assumed coverage of the digital assets platform with a buy rating and a C$19 price target. The shares closed over 6% higher on Monday at C$14.76. The company has a “solid balance sheet featuring $1.5 billion in liquidity, trading relationships with 1,161 counterparties, and support of more than 100 different crypto assets,” analyst Mark Palmer wrote. Source

English Soccer Club Watford FC to Offer 10% Digital Equity Through Investment Platform Seedrs

June 4, 2024

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Australian Regulator ASIC Scolded Over ‘Misleading’ Release, Must Pay Costs as Block Earner Avoids Penalty

June 4, 2024

ASIC subsequently published a press release entitled “Court finds Block Earner crypto product needs financial services licence.” While the release acknowledged that ASIC had been unsuccessful in arguing that Access needed a license, Jackman upheld Block Earner’s allegation that it was “unfair and misleading.” Source

Deutsche Bank (DBK) to Process Fiat-Crypto Transactions for Bitpanda in Germany

June 4, 2024

“Bringing the best parts of the industry together is where we can create real value for people … From today, we can access a range of Deutsche Bank’s products, unlocking benefits for our team and our users,” said Lukas Enzersdorfer-Konrad, Bitpanda’s deputy CEO, in the statement. Source

DWF Labs to Buy $12M of Floki Tokens From Project’s Treasury, Open Market

June 4, 2024

Floki will release the mainnet version of its flagship utility product, the Valhalla metaverse game, later this year, the developer said. In the coming weeks, Floki will also release several key utility products, including the Floki trading bot and the .floki domain name service. DWF’s purchases will support the growth of these ventures and provide the requisite liquidity. Source

Epoch Times CFO Bill Guan Charged With $67M Fraud Scheme Involving Crypto Platform

June 4, 2024

“Under Guan’s management, members of the team and others used cryptocurrency to knowingly purchase tens of millions of dollars in crime proceeds, including proceeds of fraudulently obtained unemployment insurance benefits, that had been loaded onto tens of thousands of prepaid debit cards,” DoJ said. Source

Bitcoin Sees Profit-Taking Around $70K Amid ‘Stubbornly Bullish’ Sentiment

June 4, 2024

On-chain data shows over 50% of Bitcoin supply remains inactive, a sign of strong long-term conviction in the asset. Source

Dapper Labs Agrees to $4M Settlement in Class Action Securities Suit

June 4, 2024

Dapper Labs has reached a tentative settlement agreement with a group of investors who sued the non-fungible token (NFT) company and its co-founder and CEO Roham Gharegozlou for allegedly violating federal securities laws. Source

Trump Conviction Barely Dents His Odds of Winning Election: Prediction Markets

June 4, 2024

On PredictIt, a more mainstream betting site where trades are placed in dollars rather than stablecoins, the Trump contract actually gained 1 cent following the guilty verdict, although at 51-48 his lead over Biden is narrower and closer to the polls than on Polymarket. Unlike Polymarket, which blocks U.S. users under a regulatory settlement but has traders around the world, PredictIt is open only to Americans. Source