DeFi & Ethereum News

2023-02-22 06:10:02 OneCoin Co-founder Ruja Ignatov Was Killed By Drug Lords In 2018

According to Bulgarian media BIRD citing local police internal investigation documents, the missing OneCoin co-founder Ruja Ignatova was shot dead on a yacht in Greece in November 2018. Ignatova’s body was allegedly dismembered and tossed into the Ionian Sea.

According to the newspaper, on March 25, 2022, in Sofia, the former head of the “Criminal Police” in the Second Police Station, Lyubomir Ivanov, was shot with three bullets. Documents were seized from the cash register at his home, which acquired the status of material evidence /VDS/ in the case of murder, which is being conducted by the Sofia City Prosecutor’s Office. Among them are several references to agency reports. it became clear from the answer of the deputy chief prosecutor of the SGP Hristo Krastev.

Source

https://t.me/DeFi_Ethereum Open / Comment

2023-02-21 06:04:02 Helium Sets Solana Migration for March 27

Helium Network migration to Solana now has a proposed date as it is set to happen on March 27. According to the announcement from its Foundation. In a blog post detailing its plans for the migration, the foundation stated that it is currently constituting an Upgrade Readiness Working Group.

The group would consist of volunteers in the community to be responsible for monitoring the migration process. It will also choose the final date for the migration, as March 27 remains tentative. The group would consist of volunteers in the community to be responsible for monitoring the migration process. It will also choose the final date for the migration, as March 27 remains tentative. The upgrade “will encompass all wallets, Hotspots, and Helium Network state.” .

Source

https://t.me/DeFi_Ethereum Open / Comment

2023-02-20 06:33:02 Arab World Crypto Adoption: Leading Bahrainian Hotel Accepts BTC Payments

Novotel Bahrain Al Dana Resort will supposedly become the first hotel in the Kingdom to embrace digital asset payments. Novotel Bahrain Al Dana Resort reportedly became the first hotel in the country to accept cryptocurrencies as a means of payment.

According to recent coverage, Novotel Bahrain Al Dana Resort partnered with Eazy Financial Services to allow guests to settle accommodation bills in cryptocurrencies. The hotel will place specially designed terminals at its outlets to enable the offering via the Binance app. The Central Bank of Bahrain approved the move, making Novotel Bahrain Al Dana Resort the first in the nation where such a payment option is available. General Manager Amid Yazji commented.

Source

https://t.me/DeFi_Ethereum Open / Comment

2023-02-19 05:47:02 $FLOKI Has Increased By 520% Since The Beginning Of The Year And Is Now Listed On Kucoin

FLOKI, Shiba Inu’s and Dogecoin’s potential rival continues to rise after being listed on a major exchange. FLOKI, a meme coin project that is considered a rival to Shiba Inu and Dogecoin, announced on February 15, 2023, that this token will be listed by Kucoin with trading pairs USDT and USDC.

Elon Musk drew attention again two days ago in a Twitter post when he uploaded a photo of a dog wearing a black shirt with the words CEO and joked that his dog is a great CEO. Twitter, and “better than some,” and prices for Dogecoin, Shiba Inu, and Floki all skyrocketed. Previously, at the end of January, after passing a proposal to burn more than 100 million dollars of this tokens on a cross-chain bridge to reduce transaction fees, the price of this meme coin increased by more than 100%.

Source

https://t.me/DeFi_Ethereum Open / Comment

2023-02-18 07:11:02 MultiversX Teams Up With Tencent To Bring Strong Technological Support For Web3

On Thursday, MultiversX announced a partnership with Tencent Cloud to support the growth of the latter’s Web3 products. Tencent will make use of the network to roll out a range of blockchain-based goods. Tencent has already engaged in industries like gaming and audiovisual tech.

Tencent has created this new infrastructure layer at MultiversX. The first comprehensive solution capable of managing demand on a global scale at costs and scale similar to the internet while adding special features that bring about a major change in UX. MultiversX’s announcement of three important Metaverse products—xPortal, xFabric, and xWorlds—as well as Tencent Cloud’s dedication to the Web3.0 era and the Metaverse market have strengthened the already-existing synergies between the two companies.

Source

https://t.me/DeFi_Ethereum Open / Comment

2023-02-17 06:35:01 Web3 tooling startup Nefta raises seed round at $32.5 million valuation

Nefta, a web3 infrastructure startup focused on gaming and entertainment sectors, raised $5 million in a seed funding round. Play Ventures led the round by injecting $2.5 million — the single largest investment from its Future Fund — Nefta said Wednesday.

Nefta is now valued at $32.5 million, founder and CEO Geeshan Willink told The Block. That's a 225% jump in its valuation in the last eight months. Nefta was valued at $10 million last June when it raised $1 million in pre-seed funding from Picus Capital, said Willink. That conversation went so well that we received a term sheet to follow in our seed round. Following this, we received the lead term sheet from Play Ventures," he said. Nefta then met more investors and closed the round in January.

Source

https://t.me/DeFi_Ethereum Open / Comment

2023-02-16 06:07:02 Render Network Will Regularly Unlock 12.6M RNDR In The First Half Of This Year

According to the official blog, the Render Network Foundation has announced the distribution and unlocking of the RNDR token. Of the 42 million tokens in the distribution plan, 12.6 million RNDR will be unlocked regularly in the first six months of 2023.

Render Network said that when the RNP-001 proposal was proposed last year, the balance in the treasury wallet was RNDR 257 million, of which 107 million will be allocated to partners. About 42 million are still being held for storage and subsequent distribution. This 107M “By Partners” project note is entirely separate from the proposed 107M Emissions schedule to be managed by the Foundation. There is some confusion as these balances are similar, but this is just that moment and is random. 68 million has been distributed since the Release schedule waste was published.

Source

https://t.me/DeFi_Ethereum Open / Comment

2023-02-15 06:34:02 Former Jump Trading developers raise $19 million to build Monad blockchain

Monad Labs, a Layer 1 blockchain project co-founded by former Jump Trading developers, raised $19 million in funding led by Dragonfly Capital. Other investors included Placeholder Capital, Lemniscap and Shima Capital, as well as angel investors, including Naval Ravikant, Cobie and Hasu, according to a Tuesday announcement.

The funding is a combination of two rounds — pre-seed worth $9 million raised in May 2022 and seed worth $10 million raised in December — Monad Labs co-founder and CEO Keone Hon told The Block in an interview. The funding effort was "really smooth" despite the bear market because investors are excited about Monad's vision of building an "extremely performant" blockchain, Hon said. Hon co-founded Monad Labs last year with his former Jump Trading colleague James Hunsaker as CTO.

Source

https://t.me/DeFi_Ethereum Open / Comment

2023-02-14 06:10:03 1inch Network: Introduced The Parser Incentive Program And Distributed 1.5 million INCH

According to a project data update from DEX aggregator 1inch Network, 1,507,992 INCH tokens have been granted to the parser incentive plan, which is worth more than 800,000 USD at the current pricing. 1inch Network, a DEX aggregator, provided a project data update on February 12.

To date, 1inch Network reported that 1,507,992 INCH tokens have been granted to the parser incentive plan, amounting to more than $800,000 USD at the current pricing. The resolver incentive plan token distribution was initiated by 1inch Network at the end of January, with a total of 10 million INCH. Previously, the Network unveiled Fusion, a big upgrade centered on the 1inch Swap Engine. Combination is a unique fusion of current and emerging technology designed to improve the profitability and security of swaps done over the network.

Source

https://t.me/DeFi_Ethereum Open / Comment

2023-02-13 06:34:02 Tron Generated $48 Million in Revenue in Q4, 2022: Research

Messari revealed that Tron’s financial results in Q4 outperformed those from Q3, while user transactions were also on the rise.According to figures provided by Messari, the decentralized digital platform – Tron – made a revenue of $47.9 million in the last quarter of 2022, a 25% increase compared to Q3.

In its most recent research, Messari outlined that 2022 has been a “rollercoaster” year for the cryptocurrency sector. Unfavorable macroeconomic conditions took their toll during the first months, while the crash of Terra in the spring intensified the problems. The failure of the once-prominent FTX added to the drama, causing a market crash and undermining the reputation of the industry. The Justin Sun-spearheaded platform generated almost $48 million in revenue during that period, 25% more than in Q3.

Source

https://t.me/DeFi_Ethereum Open / Comment