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Animoca Brands Japan Announces NFT Launchpad Name: “SORAH by Animoca Brands Japan”

On May 31, 2024, Animoca Brands Japan, a key subsidiary of Animoca Brands, unveiled the name of its NFT launchpad, SORAH by Animoca Brands Japan, slated for a summer 2024 release. SORAH will serve as a platform supporting NFT projects and creators by facilitating their NFT sales. It will offer selected projects sales opportunities and … Read more

Telegram Wallet Tightens KYC, Switches Provider

Wallet, a third-party cryptocurrency wallet bot accessible on Telegram messenger, is undergoing significant alterations, including the implementation of more stringent Know Your Customer (KYC) protocols and transitioning to a new service provider. As of May 29, Telegram’s Wallet notified its users about several revisions to its KYC procedures, necessitating additional personal details for certain transactions. … Read more

USD3: New Stablecoin Aims for Developer-Friendly Transactions

Jack Jia, a former Consensys employee and the founder of Stable.com, has introduced USD3, a new stablecoin focused on payments, despite the current absence of a regulatory framework and market uncertainty. USD3 is designed as a 1:1 backed stablecoin and aims to serve as an extension of the U.S. dollar for global commerce and Web3. … Read more

Sei Network Airdrop Alert: Claim Your Share of 27.4 Million SEI

The Sei Foundation has announced the launch of the second Sei airdrop, distributing 27,421,200 SEI coins to 43,052 individual addresses. This airdrop specifically targets active users since the Sei mainnet’s inception, particularly those involved in network security through staking and liquid staking, as well as collectors from leading NFT communities. Users can now check a … Read more

ZKasino Offers ETH Refunds as Scam Allegations Swirl

The blockchain-based gambling platform ZKasino has announced a 72-hour refund process to return funds to its investors following accusations of a $33 million rug pull. Despite labeling the refund process as a “2-step bridge back process,” some investors remain doubtful about the project’s sincerity and intentions. According to a Medium post on May 28, ZKasino … Read more

Notcoin (NOT) Skyrockets Over 40%, Crossing $1 Billion Market Cap Milestone

The NOT token of Notcoin has experienced a remarkable surge of over 40% subsequent to the introduction of “earnings missions.” These missions enable players of the Telegram-based game to passively earn cryptocurrency rewards, driving substantial market expansion. Rapid Growth of Notcoin In the Telegram game Notcoin, players can gain tokens by clicking the gold coin … Read more

LayerZero’s Anti-Sybil Strategy Sparks Debate in DeFi Industry

LayerZero, a cross-chain interoperability protocol, is preparing for its first token airdrop, sparking debate over its strategy to combat token farmers. The central issue is LayerZero’s “anti-Sybil strategy.” Sybil attacks involve creating multiple wallets to exploit airdrops, inflating the protocol’s apparent popularity without adding long-term value. LayerZero connects isolated blockchains, enabling cross-chain messaging and applications. … Read more

Consensus 2024: A Gathering of Crypto luminaries

Taking place May 29th to 31st, 2024, Consensus 2024 promises to be a landmark event in the ever-evolving world of cryptocurrency and blockchain technology. This year’s iteration, hosted by CoinDesk in Austin, Texas, brings together a stellar lineup of speakers and promises to be a hotbed of innovation, debate, and exploration of the future of … Read more

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