Moonhub

2023-03-31 20:52:01 Virtual asset trading platform, Huobi, has partnered with web3 game company, Gala Games, to develop the web3 ecosystem. The partnership will include investments in top projects on the Gala ecosystem, joint branding and project development, and community building. The Gala Games platform allows developers to create games that are truly owned by players, offering in-game item buying and selling, with the Gala Layer-1 blockchain improving underlying on-chain technology. Innovative projects in the Gala Games ecosystem will be considered for investment and listing on the Huobi platform. Open / Comment

2023-03-31 19:25:53 Flybondi, an Argentinian airline, has made history by becoming the first carrier to offer tickets as NFTs. The Ticket 3.0 initiative, developed in partnership with TravelX, allows passengers to transfer, rename, or give away their tickets easily and autonomously. The technology is built on the Algorand blockchain, with a 2% transaction fee charged by TravelX on trades made on the secondary market. The scheme is already operational, and Flybondi's CEO hopes that it will create a positive impact in the aviation industry. Open / Comment

2023-03-31 14:57:54 #miners #reporting #crypto #BTC
The Block: BTC miners' earnings rose to a 10-month high Open / Comment

2023-03-31 13:21:25 Justin Sun, Chinese crypto entrepreneur and former Ambassador of Grenada to the World Trade Organisation, has been charged with fraud by the US Securities and Exchange Commission. Sun is accused of illegally promoting his crypto assets, alongside eight celebrities. His companies, Tron Foundation, BitTorrent Foundation, and Rainberry, are also accused of artificially inflating trading volumes since August 2017. Sun's appointment was expected to promote trade and development opportunities for Grenada. Some of the celebrities named have agreed to pay a total of $400,000 to settle the charges. Open / Comment

2023-03-31 12:04:09 MercadoLibre, Latin America’s largest e-commerce platform, has enabled bitcoin and cryptocurrency trading for its Chilean users through its MercadoPago wallet app. This makes it the first digital account in the country to offer this type of operation. The aim is to make the cryptocurrency market more accessible to people with less experience in the field. MercadoLibre previously enabled the feature for its Brazilian customers in November 2021. Open / Comment

2023-03-31 07:29:58 Ledger, a Paris-based startup that produces hardware wallets for storing digital assets, raised €100m ($109m) at its first funding round, valuing the company at €1.3bn. The company plans to use the funding to expand its network of distributors, boost production, and develop new products. The increase in demand for hardware wallets comes as hacks and the collapse of crypto exchanges have made investors wary of leaving their assets on online platforms. Ledger's revenue for its crypto trading app has grown 200% YoY, and the company says it now stores 20% of the world's cryptocurrencies and 30% of NFTs. Open / Comment

2023-03-31 02:40:58 Tezos has activated its thirteenth core protocol upgrade, Mumbai, which includes Smart Rollups, a new Layer 2 scaling solution built into the protocol that enables the blockchain to handle more than one million transactions per second without sacrificing decentralization. The upgrade also reduces network latency, includes updates to existing features, and allows developers to build on Tezos using general-purpose programming languages. Mumbai was validated and approved by the Tezos blockchain community's on-chain governance process and was the result of months of collaboration among developer teams and the Tezos community. Open / Comment

2023-03-30 22:43:54 Sky Mavis, the developer behind Axie Infinity, has announced an upgrade to the Ronin blockchain, which powers the game, making it more decentralised and less vulnerable to attacks. Ronin will transition to a delegated proof-of-stake mechanism and users will be able to stake RON tokens to participate in validator selection. Additionally, Sky Mavis has partnered with game development studios to build out the Axie universe and expand Ronin to new blockchain-based video games. The upgrade comes a year after the Ronin network hack, which resulted in the loss of $625m. Open / Comment

2023-03-30 21:29:57 Thailand's Securities and Exchange Commission (SEC) is considering lifting the 300,000 baht ($8,800) retail investment limit for initial coin offerings (ICO) to boost investments in digital tokens. The regulator has opened a public hearing until April 27th to discuss its plans to remove the limit for asset-backed ICOs. However, the SEC is also concerned that the move to lift the ICO limit for retail investors would allow more retail investments, increasing their risk exposure. Open / Comment

2023-03-30 20:07:31 As Canada tightens rules for cryptocurrency exchanges, Coinbase is discussing the appropriate license to continue operating there, while Binance may exit. Firms had until March 24 to commit to the tightened rules, which include the segregation of assets held in custody and tighter rules for certain trades. Crypto.com plans to stay in Canada, Deribit is leaving, and Kraken is expected to announce its decision soon. Earlier this month, OKEx announced its departure from Canada, while Blockchain.com confirmed it is leaving. Open / Comment