Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Category: ICO
Gala Games Hacker Returns $23M in ETH; Founder Proposes ‘Buy and Burn’
The change of fortunes leaves Gala with an unexpected $23 million windfall in ETH tokens. “We will probably buy and burn on galaswap,” said the project’s CEO Eric Schiermeyer, also known as Benefactor, in its Discord server. That means using the ETH to buy GALA tokens and then taking those tokens out of circulation. Source
Crypto Derivatives DEX Aevo’s Token Price Jumps 10% on Binance Labs Disclosing Investment
“As part of the future roadmap, Aevo will launch vault strategies, yield products, and Aevo staking,” Binance Labs said. “It will expand its ecosystem of derivative products by allowing builders to deploy their dApps permissionlessly on Aevo L2 to leverage its growing user base and unique features.” Source
Crypto Sleuth Ogle Proposes Security-Centric ‘Glue’ Blockchain
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
‘Web3 Marketing Is a Win-Win’
Yeah, sure. So basically, any Mention or Like [on social media] can be measured. If anyone is digitally talking about or promoting your product, you can see the outcome of that. This could apply to marketing activities like advertisements, or collaborations with influencers, or quest platforms. Thanks to us, basically, you can see the real out come — not just in terms of the number of visits or the time that folks spend on your website coming from a specific source and spending an exact amount of money, but you…
Web3 Marketing Startup Spindl Launches On-Chain Ad Network
“It’s more transparent. It’s fair. It’s natively on-chain. It’s, to be blunt, better for privacy,” said Garcia Martinez, CEO of Spindl, whose core service is attribution. “We’re not using weird, sketchy Web2 data,” such as consumers’ browsing history or their personal information, to target campaigns – just on-chain transactions, which are already public. Source
Solana-Based Wallet Phantom Buys Web3 Specialist Bitski
“In the future, we think embedded wallets really make sense for decentralized applications, rather than being forced to build their own or use less trusted firms or experimental products,” said Wu in an interview. “With Bitski’s expertise in embedded wallets, onboarding will be much easier. Instead of telling people to download a separate mobile app, and adopt a seed phrase, simply sign up with an email and get started immediately.” Source
Fidelity Cuts Staking Plans in Updated Ether (ETH) ETF Filing
In previous filings, the firm said it intended to “stake a portion of the trust’s assets” to “one or more” infrastructure providers. However, it clearly stated in Tuesday’s update that it would “not stake the ether” stored with the custodian. Source
We warn organisations must not ignore data protection risks as we conclude Snap ‘My AI’ chatbot investigation
ICO concludes investigation into Snap’s approach to assessing the data protection risks of its ‘My AI’ chatbot Early ICO action highlights the importance of protecting privacy rights in the context of generative AI Regulator warns industry to engage with the data protection risks of generative AI before bringing products to market ICO continuing to monitor the development and deployment of generative AI models, and reminds industry it must innovate responsibly The Information Commissioner’s Office (ICO) has concluded its investigation into Snap, Inc’s launch of the ‘My AI’ chatbot. In June…
Hex Trust Issues First Native Stablecoin on Layer-1 Blockchain Flare
“The collaboration between USDX and Clearpool on Flare delivers a 1:1 backed stable asset with immediate access to real world yield,” Flare’s co-founder Hugo Philion said. “This will be particularly useful for FAsset agents, putting their stable collateral to work even while it’s locked in the system.” Source