Crypto News

Antelope Swiss Workshop #20 w/ Daniel Keyes Pomelo Season 6: A Leap towards Multi-Pool Grants and Future Innovations Short summary (1min read): In the latest discussion between Patrick Schmid and Daniel Keyes, Pomelo announced the introduction of multi-pools in Season 6, allowing grant owners to choose from diverse matching pools to suit their projects. The EOS Network Foundation (ENF) is launching three specialized pools, with Telos joining as a second matching partner, thus augmenting the total funding available. Season 6's application process offers increased flexibility for grant owners to apply for different pools, based on their project's relevance.    The Pomelo team introduced their new "Bounties" feature, currently in the beta testing phase. This feature enables users to post tasks that need completing, paying with tokens, and helping build user reputations within the ecosystem. In community engagement, most of the activity takes place in their Telegram channel. The discuss...

The Antelope ecosystem is fertile ground for collaborations that shape the course of innovation. Such is the nature of the alliance being forged between EOS Bees and NovaCrypto/EOSDEN, our supporter and early sponsor. We are thrilled to announce a significant collaboration that takes our mutual engagement to new heights. When the initial concept of EOS Bees was just an idea, it was Patrick of NovaCrypto who recognized its potential and offered his unwavering support. He was one of the first to join our telegram group and message us with an offer to help, demonstrating his commitment and aligned vision. In September 2021, NovaCrypto/Patrick served as EOS Bees' first sponsor, allowing us to advertise on Boid's EOS PowerUp site. This sponsorship came a month before the first EDEN on EOS election, helping us further validate the idea by achieving the role of Chief Delegate.  Beyond sponsorship, NovaCrypto/Patrick actively engaged with the Swarm system, regularly ordering Swarms. NovaCrypt...

Short summary (1min read): In the 20th Antelope Swiss Workshop, participants of the EDEN Fractal, including Patrick, Dan, Tadas, and a surprise guest, Rosemari, discuss the group's latest projects and insights. The conversation begins with an introduction to Alien Worlds, a leading game on the AntelopeIO network, and the potential collaboration between the game and the EDEN Fractal. They introduce the concepts of consensus games and share plans for a future Alien Worlds Fractal.    The talk then shifts towards enhancing user experience, discussing the creation of a welcome guide for new members, and sharing experiences of existing members. The upcoming EDEN Fractal's first anniversary is also acknowledged. An update on Firmament, a revolutionary blockchain-based tool, is given, with an exploration of its workflow, technical requirements, and future plans. Finally, the session wraps up with plans for future meetings and episodes, encouraging viewers to join the EDEN Fractal community...

Short Summary (1min read):   Patrick, Vlad, CAC, and Lennar discuss EOSDEN, an EOS Digital Extended Network that links various Web3 solutions, Network Advertisers and Content Creators. Affiliates can add solutions, which are reviewed for inclusion by a decentralized team. The EOSDEN website, designed to be user-friendly, contains extensive information on the $NCO token, partners, and privacy policy.    During the discussion, the team elaborates on EOSDEN's platform, reward system, and review decay system. They also explain how to add solutions to the platform, and the steps for approval. Two phases of NCO token utility are mentioned, and affiliate collaboration is demonstrated. Looking ahead, EOSDEN's production launch is planned for late May/early June. Connections with Pomelo, a crowdfunding platform, are also noted. The meeting ends with the team chanting "Go EOSDEN!", demonstrating their excitement for the project.   Full Summary (8min read): 🤝 Introductions The session starts...

Antelope Swiss Workshop #20 w/ Jesse Jaffe The Evolution of The Bees: Harnessing AI and Blockchain Technology   Short Summary (1min read):In the 20th Antelope Swiss Workshop, Patrick Schmid hosted Jesse Jaffe, CEO of The Bees. They discussed the Bees’ evolution, focusing on recent developments like the integration of YouTube into Swarm capabilities, alongside existing Twitter Swarms. Swarms, which are large networks of humans incentivized to engage on tasks like social media posts, are set to create significant marketing effects and foster knowledgeable community members. The Bees plan to engage more in other crypto communities on YouTube to boost EOS content. Jaffe discussed incorporating YouTube Swarm data into the EOS BEES cockpit to gain insights into their outreach and influence. The team is currently building necessary infrastructure for this, with completion anticipated by the end of the next Pomelo season. The duo also highlighted the profound impact of AI tools like ChatGP...

Antelope Swiss Workshop #20 w/ Gnome Navigating the UX Network: Blockchain Interoperability and Predictable Resource Models Short Summary (1min read):Patrick Schmid interviews Gnome, a representative from the UX Network, during the Antelope Swiss Workshop. Gnome, a veteran of the cryptocurrency industry, introduces the UX Network, known for its rational resource model and unique inter-blockchain communication (IBC). He critiques existing resource models for their lack of effective correlation between infrastructure operation and token price. Gnome explains how UX Network's unique resource model allows predictable resource costs, a solution to problems faced by other blockchains.  The UX Network's IBC facilitates seamless liquidity movement between different blockchains, enhancing user experience and attracting more liquidity. This open-source software can be adopted by other blockchain networks. Gnome also reveals the development of the UX Network's Automated Market Maker (AMM), aim...

Antelope Swiss Workshop #20 w/ Denis Carriere Navigating the DeFi Landscape: The Latest on Yield+ and EOS EVM Short summary (1 min read): In the latest Antelope Swiss Workshop episode, Patrick Schmid interviews Denis Carriere, Yield+'s lead developer. They discuss the future of Yield+, highlighting its role as an incentive layer for DeFi applications. Despite current EOS EVM support challenges, a solution is being developed to allow EVM-based DeFi applications to connect with Yield+ subsidies. The upcoming release will enable EOS smart contracts to read EVM token balance, enhancing blockchain interoperability. The conversation also covers Yield+'s role in the Antelope blockchain network, including EOS, UX, WAX, and TELOS, and the importance of Inter-Blockchain Communication (IBC). Joining Yield+ requires project audits and open-source code for transparency and security, with Sentinel as the primary auditing team. Yield+ is supported by the EOS Network Foundation, providing regular g...

China's Blockchain Horizon: An Insightful Exchange with EOS Community Manager Beatrice Wang Exploring Regulatory Stances, Fostering Web3 Innovation, and Harnessing the Power of Tech Giants in the Chinese Blockchain Ecosystem Short Summary (1 min read) In the 20th Antelope Swiss Workshop, Patrick Schmid chats with Beatrice Wang, a key figure in the EOS blockchain community. Beatrice shares her journey into blockchain, her roles within the EOS community, and her aspirations for the EOS ecosystem under the EOS Network Foundation. She discusses China's stance on blockchain technology. Beatrice points out the significant roles of Chinese tech giants Alibaba and Tencent in blockchain development and promotion, from Alibaba's blockchain laboratory to Tencent's successful blockchain game. She emphasizes the importance of Hong Kong's open policies and its influence on mainland China's approach to blockchain. Beatrice also discusses the recent launch of EOS EVM, the search for promising pro...

EOSDEN is an aggregator of Web3 Solutions built on EOS.

By Tom Wilson LONDON - The world's biggest cryptocurrency exchange Binance and its CEO Changpeng Zhao have been sued by the U.S. Commodity Futures Trading Commission (CFTC) over regulatory violations, according to a court filing on Monday. Here are some key facts about Binance: THE COMPANY Binance was founded in Shanghai in 2017, but later moved to Tokyo and then Malta. While its holding company is based in the Cayman Islands, Binance says it does not have a headquarters and has declined to state the location of its main Binance.com exchange. The exchange offers spot and derivatives trading and a host of services from non-fungible tokens (NFTs) to crypto loans and asset management. It has some 128 million users, according to its a 2022 review posted on its website, with over 7,500 employees across the world. The company also boasts a formidable social media presence, with over 10 million Twitter followers. FINANCES Binance's global trading platform, Binance.com, is by far the world's...

By Tom Wilson - Major cryptocurrency exchange Binance and its Chief Executive Changpeng Zhou have been sued by the Commodity Futures Trading Commission(CFTC) over regulatory violations, according to a court filing on Monday. Binance did not immediately respond to a request for comment. A spokesperson for the CFTC did not respond immediately to requests for comment.   (Reporting by Tom Wilson in London, Chris Prentice in Washington and Jaiveer Singh Shekhawat in Bengaluru; Editing by Shinjini Ganguli and Alun John)...

By Deisy Buitrago and Marianna Parraga CARACAS - An expanding anti-corruption probe in Venezuela has led to the detention of 10 officials and 11 businessmen, the country's attorney general said on Saturday, adding that arrest warrants for 11 more people have been issued. The investigation, which began in October, is focused on state oil company PDVSA, a government entity supervising crypto currency operations, and the judiciary. This week, it led to the resignation of the country's powerful oil minister, Tareck El Aissami, who had served the government for two decades. "We are talking about one of the most lurid plots in recent years, which involves officials, businessmen who benefited from corruption and young people - including the so-called mafia women - who participated in corruption and money laundering," Attorney General Tarek Saab told journalists in a press conference. A Venezuelan entity supervising the use of crypto currency for official transactions was assigned oil cargoes...

By Chris Prentice and Hannah Lang NEW YORK/WASHINGTON - Coinbase debuted on the U.S. stock market on April 14, 2021 - the same day U.S. senators confirmed Gary Gensler to lead the Securities and Exchange Commission (SEC), the country's top markets regulator. Gensler, who has called the crypto sector a "Wild West" riddled with fraud, is now embroiled in a battle with the world's largest publicly-traded crypto firm over a core debate: whether digital assets are investment contracts akin to stocks or bonds that should be regulated by the SEC. Friction between crypto proponents and the regulator have been brewing under Gensler's leadership, with both sides growing increasingly loud in their criticisms. The escalating tension exploded into public view on Wednesday when Coinbase CEO Brian Armstrong and the company's chief legal officer Paul Grewal posted online that the firm had been told that SEC staff intend to recommend enforcement action, adding that Coinbase was willing to fight it in...

By Josh Ye HONG KONG - Hong Kong-based blockchain gaming developer Animoca Brands has cut its target for its so-called metaverse fund by 20% to $800 million, people familiar with the matter said, in a further scaling back of its ambitions following volatility in the crypto sector. Animoca Brands said in November that it was working on a new Animoca Capital fund with a target of $2 billion, but then halved that target in January to $1 billion. Recently, it has trimmed the target by another 20% to $800 million, two people familiar with the matter said. The sources declined to be named as they were not authorised to speak to the media. Animoca Brands was valued at about $6 billion last July after a financing round led by Singapore-based Temasek but it has seen its shares trade at a much lower valuation in secondary markets recently, with its market cap slipping to below $2 billion, two other people said. The company, which was listed in Sydney until 2020, now trades its shares on Primary...

A look at the day ahead in U.S. and global markets from Mike Dolan After a week of sweeping interest rate rises into a simmering bank crisis, market anxiety about the state of the financial system persists as the end of the first quarter comes into view. Just how much economic damage the banking fright on both sides of Atlantic will wreak is now a critical question for policymakers, who despite the latest round of rate hikes are now expected to be at or near the end of their tightening cycles. On that score, the first early March business surveys from Europe showed little sign of disturbance yet - if anything they show economies picking up steam again just as the bank shock hit. And the brisk start to the year for major economies was also underlined by punchy British retail numbers. That confuses the policy picture even more as it comes against continued jitters about recent bank failures, whether there's more stress to come, pervasive depositor uncertainty and how regulators respond....

- The U.S. Securities and Exchange Commission on Thursday issued an investor alert urging caution around crypto asset securities, warning that firms offering crypto investments may not be complying with U.S. laws. The SEC said unregistered offerings in crypto asset securities may not provide investors important information for informed decision-making, including audited financial statements.   (Reporting by Hannah Lang in Washington)...

EOSDen is an aggregator of Web3 solutions built on EOS. NovaCrypto will cover every 2 months the current iteration with EOSDen The platform is built in collaboration with CAC and VLAD and will welcome Networker/Advertisers, Web3 Solutions Providers, Content Creators, and users Whitepaper is coming, at this point, we share a landing page with a lite paper/one-pager all accessible through eosde.net The NCO Token is also available on deFi Box. Learn more about WEB3  and how its model on Antelope Networks, particularly on EOS blockchain-based Ecosystem. Web3, Information, Ideation, Data, and Users jumping from one Antelope network to another. Interoperability & Collaboration On Antelope Networks Diving into the USE-CASE with Pomelo and the Astronauts with Martin Breuer The mini swarms are affordable content on Twitter and learn about the Social Sentiment Metric with Jesse Jaffe In the Mexican Jungle, discover the project Camazotz Cohaven with Gavriel Shaw Discover the Catalyst to...

- Shares of Coinbase Global Inc fell 13% in premarket trading on Thursday after the U.S. Securities and Exchange Commission issued a notice declaring its intent to recommend an enforcement action against the crypto exchange's products. Global regulators are keeping a close watch on the crypto world after a string of high-profile collapses wiped out more than a trillion dollars from the digital assets industry's market capitalization last year. In the aftermath of the turmoil, the SEC has raised scrutiny over certain crypto services and how the companies hold customers deposits. Brokerage KBW analysts said in a note they had expected the SEC to serve Coinbase with a Wells notice and that the move will likely create an overhang on the crypto exchange's stock. The enforcement action is likely to be tied to aspects of Coinbase's spot market as well as its staking service Earn, Prime and Wallet products, the company said. Staking is a process in which cryptocurrency holders volunteer to ta...

By Evan Garcia and Dan Fastenberg MCCAMEY, Texas - Cryptocurrency bankruptcies and worries over electric power consumption have failed to dent the industry's growth in Texas, according to a top trade group, citing the rise in the miners' power demands. Bitcoin miners consume about 2,100 megawatts of the state's power supplies, said Lee Bratcher, president of industry group Texas Blockchain Council. That power usage rose 75% last year and was nearly triple that of the prior 12 months, Bratcher said. Those demands amount to about 3.7% of the state's lowest forecast peak load this year, according to data from grid operator Electric Reliability Council of Texas (ERCOT).     "There's been some challenges with the Bitcoin mining industry," Bratcher said, noting his group recently saw two prominent bankruptcies and other miners scaling back expansions.     The industry also faces new federal regulations, including a proposed 30% tax on electricity usage for digital mining and calls by the U....

SHANGHAI - More than 400 people lost their billionaire status last year, most from China, as global monetary tightening, COVID-19 disruptions and Beijing's crackdown on major tech companies hurt the super wealthy, a ranking of the world's wealthiest showed. China lost 229 billionaires from the Hurun Global Rich List 2023, accounting more than half of the 445 people who disappeared from the list, which ranks moguls with a minimum net worth of $1 billion, the Hurun Report said on Thursday. The world's second biggest economy also added 69 new billionaires to the list during the period. "The number of billionaires in the world is down by 8%, whilst their total wealth dropped 10%," said Rupert Hoogewerf, founder and chairman of the Hurun Report. A total of 3,112 people made the list, versus 3,381 a year earlier, he added. [IMAGE_GALLERY_1] China remained the biggest source of the super rich, with its total number of billionaires standing at 969 as of Jan. 16, 2023, ahead of the United Stat...