alritch raven ang

Port3, Social Data Gateway to Web3 1️⃣ GTM web3 quest platform

[alritch raven ang @alriguel]

Star Atlas, the ambitious MMO game built on the Solana blockchain, will be hosting a DAC competition on February 29th. The event aims to showcase the unique qualities of each DAC (Guild) as they compete for superiority. With a grand prize of over $26,000 worth of Star Atlas land, the stakes are high. Star Atlas offers players the opportunity to explore space, mine resources, build ships and colonies, and engage in battles, all while earning real money through the in-game economy based on cryptocurrencies. By utilizing non-fungible tokens (NFTs) and the scalability of the Solana blockchain, Star Atlas provides a seamless and immersive gaming experience. The ATLAS token serves as the in-game currency, allowing players to utilize it for various purposes. Don't miss out on this exciting competition in the cosmic science fiction world of Star Atlas!

[alritch raven ang @alriguel]

The SuperVerse project is set to make a significant announcement on January 30th. This Web3-focused endeavor aims to revolutionize the digital space by introducing advanced NFT functionality and blockchain gaming experiences. It caters to both seasoned crypto enthusiasts and newcomers from the Web2 realm, combining a next-generation NFT marketplace, GigaMart, with an immersive gaming metaverse called Impostors. By bridging the gap between traditional internet users and the emerging Web3 space, the SuperVerse strives to make blockchain technology and NFTs more accessible and mainstream. Powered by the SUPER token, the project aims to set new standards in NFT marketplace technology and Web3 gaming through innovation and the integration of cutting-edge scaling technologies. Stay tuned for the exciting announcement on the 30th of January. #CryptoNews

[alritch raven ang @alriguel]

NymVPN will be releasing its Alpha version in February, offering users the opportunity to enhance the privacy of their data through the use of NYM tokens. These tokens serve as both a means of accessing the mixnet and as a reward for mix nodes that participate in traffic mixing and privacy assurance. By quantifying the reputation of mix nodes in NYM tokens, users can delegate their tokens and validate the reliability of these nodes, earning rewards in return. It is important to note that NYM is not a general-purpose payment method like Bitcoin, but specifically designed for activities within the Nym network. #CryptoNews

[alritch raven ang @alriguel]

The Securities and Exchange Commission has charged the founders of the $1.7 billion HyperFund scheme, Xue Lee and Brenda Chunga, with fraud and unregistered securities offering. They raised a significant amount of money from investors globally, advertising it as a profitable investment in mining operations. However, the SEC alleges that it was actually a pyramid scheme with no legitimate revenue sources. This case once again highlights the dangers of noncompliance in the crypto space and how promoters take advantage of the allure of easy money without providing necessary investor protections. The SEC has filed a complaint against Lee and Chunga, while the U.S. Attorney's Office for the District of Maryland has also pressed criminal charges. Chunga has already pleaded guilty to conspiracy to commit securities fraud and wire fraud. It is essential for investors to exercise caution and stay informed to avoid falling victim to such fraudulent schemes.

[alritch raven ang @alriguel]

According to CoinShares, the recent decline in cryptocurrency prices, which was triggered by significant outflows from the Grayscale Bitcoin Trust (GBTC) in the US, has likely led to outflows from digital asset investment products in other regions. During the trading week of January 22 to January 26, Switzerland and Germany experienced the largest outflows of $59.8 million and $31.7 million, respectively. Furthermore, Canadian digital asset products recorded the highest outflows over the month, totaling $209.8 million, followed by products in Germany and Sweden with $124.5 million and $34.2 million, respectively. The only major inflow occurred in Brazil, with $10.3 million entering digital asset products. #CryptoNews

[alritch raven ang @alriguel]

Join us on January 31st at 16:00 UTC for an AMA hosted by API3, where we will be discussing the exciting ecosystem of decentralized applications (dApps) and their convergence with data, oracles, and decentralized finance (DeFi). Learn how API3 is revolutionizing the traditional API services by offering fully decentralized APIs, providing transparency, security, and reliability. Join us to engage in voting and DAO governance using the API3 token. Don't miss out on this informative event! #CryptoNews

[alritch raven ang @alriguel]

The Securities and Exchange Commission (SEC) has charged the founders of HyperVerse, Sam Lee and Brenda Bitcoin Beutee Chunga, with crypto fraud following a $2 billion Ponzi scheme. The lawsuit alleges that the founders operated a pyramid and Ponzi scheme under various names since 2020, enticing investors with fake crypto mining operations and even hiring an actor to pose as CEO. Regulators claim that investor withdrawals were paid with deposits from new victims since the venture had no legitimate revenue. Lee and Chunga have been indicted on charges of conspiracy to commit wire fraud, and the SEC is seeking the return of all illicit gains. Chunga has already agreed to a settlement, which includes fines and a ban on future questionable deals. The collapse of HyperVerse echoes other failed crypto investment scams.

[alritch raven ang @alriguel]

Merit Circle, a web3 digital ecosystem, is set to hold an Ask Me Anything (AMA) session on January 31st. The project aims to revolutionize the gaming industry by leveraging blockchain technology and merging it with gaming innovation. With four areas of focus, including investments in web3 technologies, the development and integration of quality gaming projects, the creation of new games, and a gamer-optimized NFT platform, Merit Circle is at the forefront of modernizing the gaming industry. The MC token plays a central role in the ecosystem, granting holders the power to influence DAO decisions, participate in games, exchange NFTs, stake the token for enhanced voting rights, and receive additional rewards. Stay tuned for the upcoming AMA to learn more about this exciting project! #CryptoNews

[alritch raven ang @alriguel]

Fidelity's Bitcoin ETF, FBTC, has surpassed Grayscale Bitcoin Trust (GBTC) in daily inflows, attracting $208 million compared to GBTC's $192 million outflows, according to data from Farside Investors and BitMEX Research. This marks a significant shift as GBTC experienced a nearly 25% drop in outflows from its peak, while FBTC has garnered substantial investor interest. Crypto traders are monitoring the GBTC outflows for indications of a potential slowdown, as investors take the opportunity to exit their previously underwater positions. Additionally, the recent launch of nine new US spot Bitcoin ETFs has seen impressive volumes, with $994.1 million compared to GBTC's $570 million.

[alritch raven ang @alriguel]

Polygon is preparing to release an upgrade to its zkEVM on February 6th. This upgrade will enable developers to seamlessly deploy their code on Polygon zkEVM, similar to Ethereum, without any modifications. The process is as simple as copying and pasting the code. The Etrog upgrade is currently being tested on Cardano, the new Sepolia-anchored testnet for Polygon zkEVM, and will be available on the mainnet soon. Once live, end users will be able to continue using Polygon zkEVM without any additional steps. Polygon, previously known as Matic Network, is a layer-2 scaling solution for Ethereum, aiming to enhance scalability for decentralized applications. By utilizing a modified version of Plasma with sidechains, Polygon addresses issues such as low throughput, subpar user experience, and absence of community governance often seen in traditional blockchain networks. The native token, MATIC, is used for payment services and settlement within the Polygon ecosystem. #CryptoNews

[alritch raven ang @alriguel]

Harvest Fund Management has filed the first-ever spot Bitcoin ETF application in Hong Kong, following the recent approval of spot Bitcoin ETFs in the US. The Hong Kong Securities and Futures Commission (SFC) is expected to consider the approval of the ETF after the Lunar New Year. The SFC may take a similar approach to the US SEC and approve all applications simultaneously. A Hong Kong fund professional suggests that the performance of Hong Kong's spot ETFs may be similar to that of the US market, while family office investor managers anticipate a potential gap in subscription scale compared to the US. It is also speculated that Hong Kong's spot ETFs may allow for direct Bitcoin subscriptions in addition to legal currency subscriptions. Despite the interest expressed by various firms, Harvest Fund Management is the first to apply for a Spot Bitcoin ETF in Hong Kong, and further comments from the company and the SFC are awaited.

[alritch raven ang @alriguel]

Join Hedera's community call on January 31st at 17:00 UTC on Discord. Hedera's COSO Andrew Aitken will discuss the company's open source strategy, while Swirlds Labs' CMO Christian Hasker and Calaxy Co-Founder Solo Ceesay will talk about Davos2024. Hedera HBAR, a decentralized public network, allows users to create powerful dApps. Its native cryptocurrency HBAR powers the network, facilitating peer-to-peer payment systems and protecting against malicious actors. With hashgraph consensus, Hedera offers enhanced speed, efficiency, and scalability, processing thousands of transactions per second, making it a great choice for enterprise use cases. #CryptoNews

[alritch raven ang @alriguel]

Sui's token price has soared to a new all-time high of $1.58, experiencing a 13% increase in the past 24 hours. The total value locked (TVL) on Sui has also surged by a remarkable 98% in just one month, reaching $436 million. This impressive growth has enabled Sui to surpass the TVL of Coinbase's Base and Cardano. Sui's ecosystem expansion has been fueled by strategic partnerships with influential players like Alibaba Cloud and Solend. These collaborations provide additional resources for developers using the Move programming language and offer new avenues for lending and borrowing on the Sui network. The Sui Foundation further fosters participation through infrastructure-friendly tokenomics, utilizing SUI tokens to incentivize both projects and users within the Sui ecosystem. As a result of these developments, Sui's market capitalization has exceeded $1.5 billion, marking an extraordinary 80% increase in the past month, as reported by Token Terminal's statistics. Exciting times lie ahead for Sui and its growing community.

[alritch raven ang @alriguel]

@ajsmxsx We’re excited to be in Tokyo for CoinDesk’s On Tap event on Monday, October 14th! We’d love to meet up.

[alritch raven ang @alriguel]

@TumblrMichelle “State-owned bank Bpifrance is embracing the world of crypto with its first investment in lightning-focused bitcoin startup ACINQ

[alritch raven ang @alriguel]

@Rapettah12 CCB’s blockchain platform expansion is a game-changer for cross-chain and inter-bank transactions1

[alritch raven ang @alriguel]

@TumblrMichelle B2C2 is changing the game with its new gold derivative product that allows clients to trade gold against bitcoin. #B2C2 #GoldDerivative #Bitcoin

[alritch raven ang @alriguel]

@TumblrMichelle Binance is making headlines with its new fiat-to-crypto trading pairs. The Russian ruble is the first currency to be supported, so don’t miss out on this exciting opportunity! #Binance #cryptocurrency #RussianRuble #tradingpairs

[alritch raven ang @alriguel]

@NatalieBrenda17 A French central banker is calling for a global regulatory framework on crypto assets. This will help prevent regulatory arbitrage and ensure consistent regulation across jurisdictions. #Crypto #Regulation #Standardization

[alritch raven ang @alriguel]

I prepared a delicious honey mustard rotisserie pork rack using the Sweet Preacher seasoning by Fire & Smoke society. The Sweet Preacher is a fantastic blend of sweetness and savory flavors, and can be easily found at your nearest Kroger or Walmart stores nationwide. You can also check the link in my bio for more information on where to purchase it. Enjoy!