Aptos Labs, the parent company of the Aptos blockchain, raised over $350 million over multiple funding rounds last year, as CoinDesk previously reported. The firm was founded by former employers of Facebook’s parent company, Meta Platforms (META), after Facebook abandoned its own plans to create a blockchain-based payments network called Diem (formerly Libra). Source
“Given the governance process in place at Rook DAO, and the inability to accrue value to the ROOK token, I think this is the best compromise we could get for token holders,” the pseudonymous Wismerhill, one of the loudest voices calling for change and a sophon in the new DAO, said in an interview. Source
According to an Apr. 10 post from Etherscan, the blockchain explorer has disabled the display of zero-value token transfers on its website by default. From now on, users must manually switch on the display from the website’s setting page. Etherscan says it made the update to deter “address poisoning” attacks that have phished and spammed unsuspecting users. “Preventing scams and attacks in a neutral and scalable way is an infinite cat-and-mouse game… please feel free to share your feedback as we continue to improve.” Address poisoning is a type of…
Bitkraft is focused on taking up equity positions in the startups it is backing while also not discounting the likely benefits of holding the beneficiary outfit’s token. Bitkraft, a Venture Capital firm for gaming platforms, eSports, and immersive technology has announced it has raised the sum of $220.6 million to launch its second token fund. According to the SEC filing, the fund was designated as the BITKRAFT Ventures Token Fund II and though it contains not much information about the investment target, it showed the filing was made on March…
The change improves support for exchanges and may bring faster development, Avalanche says. Source
Its new proposals represent a major deviation from the path that Arbitrum was initially towing. The Arbitrum Foundation has responded to last week’s protests of its community of ARB token holders by proposing two new motions. This follows after the huge backlash that erupted over the earlier plans of the foundation to move 750 million ARB tokens to one of its own wallets, albeit in a quiet manner. Arbitrum Foundation Floats Two New Proposals According to a Wednesday proposal, which was revealed in a Discord post, the Arbitrum Foundation would…
LSP0, which turns ERC-725 into a smart-contract-based profile, tackles the functionality and makes profiles more user-friendly on the blockchain. It combines a crypto type wallet, similar to an Ethereum account, with smart contract storage. In addition to having a regular crypto account attached to these profiles, users can link to any public information they want, like their Twitter account or NFTs. Source
The bankruptcy claims exchange co-founded by failed Three Arrows Capital (3AC) co-founders Kyle Davies and Su Zhu, OPNX has posted minimal trading volume since going live on Tuesday. The exchange’s native token, FLEX, is is down by 28% in the past 24 hours. Source
INX has launched its first securities token issued by a public company, according to an Apr. 3 announcement from the tokenization platform. Public company shares on the blockchain?Witness the future in action!Proud to team up with @Greenbriarcorp to tokenize its GEBRF traditional shares in an industry-first!https://t.co/sS4p5MIwa3 — INX (@INX_Group) April 3, 2023 The new token represents shares of Greenbriar Capital, which is traded in non-token form on the U.S. over-the-counter (OTC) market under the ticker symbol GEBRF and on the Toronto Stock Exchange as GRB. Greenbriar is a developer of…
On April 3, 2023, the Dfinity Foundation, a development team behind the Internet Computer (ICP) network, announced the launch of a native ICP token called “chain-key bitcoin” or “ckBTC.” The bitcoin derivative is backed 1:1 with the leading cryptocurrency asset. On Monday, Dfinity detailed that the technology “builds on the protocol-level integration with the Bitcoin network.” Breaking Away from Custodians and Bridges: The Benefits of Chain-Key Bitcoin’s Smart Contract-Based System On Twitter, the Dfinity Foundation announced the full release of chain-key bitcoin, also known as ckBTC. “Proposals 115468, 115470 &…