🤓 Pump Fun Hacker Arrested in London
British police have arrested one of the developers of the Pump Fun platform, Jarrett Dunn, known by the nickname STACCoverflow.
Dunn was released on bail and stated that Pump Fun is guilty of bigger crimes than him.
According to him, the platform does not comply with regulatory requirements.

🤓 Gemini to start returning assets to Gemini Earn users next month
The Gemini exchange will begin returning assets to Gemini Earn users at the beginning of next month.
Customers will be able to recover 97% of their assets in kind.
Earlier, the court approved the bankruptcy proceedings of Genesis, which provided services for Gemini Earn.

Gala Games is a blockchain gaming platform that allows players to earn cryptocurrency and NFTs through playing games.

History

Gala Games was founded in 2019 by Eric Schiermeyer, Michael McCarthy, and Wright Thurston.

Tokenomics

$GALA is the in-game currency, node rewards, and governance token.

Funding

Investments: Binance Labs, DWF Labs.

Raised: $100 million.

How it works

Gala offers various games and in-game items as NFTs that can be purchased in the Gala Store.

Interesting events

- In autumn 2023, Gala Games CEO Eric Schiermeyer and co-founder Wright Thurston sued each other. Schiermeyer accused Thurston of illegally obtaining and selling $130 million worth of GALA tokens. Thurston accused Schiermeyer of embezzling $600 million in company assets and participating in fraudulent schemes for personal gain.

- In summer 2022, Gala Games announced that its shooter GRIT will be the first NFT game to be launched on the Epic Games Store.

**Gala Games is a blockchain gaming platform that allows players to earn cryptocurrency and NFTs through playing games. It was founded in 2019 by Eric Schiermeyer, Michael McCarthy, and Wright Thurston. The platform has raised $100 million from investors such as Binance Labs and DWF Labs.**

Gala Games offers various games and in-game items as NFTs that can be purchased in the Gala Store. The platform also has a music and film marketplace where artists can sell their work directly to fans.

In 2022, Gala Games launched its own blockchain, Project GYRI (GalaChain). The platform also has four types of nodes that support the network: Founder Nodes, Game Nodes, Players Nodes, and Film Nodes.

Gala Games has been involved in some controversy. In 2023, CEO Eric Schiermeyer and co-founder Wright Thurston sued each other over allegations of fraud and embezzlement. However, the platform continues to grow and develop, and it remains to be seen how it will evolve in the future.

#Write2Earn #GameTech

🤓 Worldcoin's activities in Spain banned for up to three months

The Spanish data protection regulator has banned Worldcoin's activities in the country for up to three months.

In particular, the regulator received several complaints about Tools for Humanity Corporation.

Worldcoin said the move was unfair as the project has been cooperating with the Bavarian data protection authority for over a year, which is leading the supervision of compliance with the EU General Data Protection Regulation (GDPR).

$WLD #Write2Earn

Stanford University Fund Buys Bitcoin 🥳

The Stanford University Blyth Fund, an investment fund that manages a portion of the university's endowment, has allocated about 7% of its portfolio to Bitcoin.

The average purchase price was $45,000.

The Blyth Fund was established in 1978 and is managed by students at the university.

Here is a more natural-sounding translation:

**I'm excited to share that the Stanford University Blyth Fund, which I help manage, has allocated 7% of its portfolio to Bitcoin. We believe that Bitcoin has the potential to be a valuable asset class, and we are excited to be a part of its growing ecosystem.**

The Blyth Fund is a student-run investment fund that was established in 1978. We are proud to be one of the first university funds to invest in Bitcoin, and we believe that this is a wise investment for our long-term portfolio.

We are grateful for the support of the Stanford community, and we look forward to continuing to learn and grow in the world of Bitcoin.

#Write2Earn $BTC

Deutsche Börse Group has launched its spot trading platform for cryptocurrency.

The platform is designed for institutional clients only and is called Deutsche Börse Digital Exchange (DBDX).

Custody services for crypto assets will be provided by Crypto Finance GmbH.

I am excited about this launch as it marks a major step forward for the institutional adoption of cryptocurrency. DBDX will provide a secure and regulated platform for institutional investors to trade cryptocurrencies, which will help to increase liquidity and reduce volatility in the market.

I believe that this launch is just the beginning of a wave of institutional adoption of cryptocurrency. As more and more institutions begin to invest in cryptocurrency, the market will continue to grow and mature. This will be good for the entire cryptocurrency ecosystem, as it will help to legitimize the asset class and attract new investors.

I am bullish on the long-term prospects of cryptocurrency and believe that it has the potential to revolutionize the global financial system. The launch of DBDX is a major step forward in this journey.

#Write2Earn $BTC

Uniswap is officially rewarding UNI stakers! 🤑
The proposal to share exchange revenue with UNI stakers is now live. 📈
Vote by March 7th to make your voice heard! 📢
Let's make Uniswap even stronger together! 💪

$UNI #Write2Earn
🚀🚀🚀

Blockchain is a tool designed to perform 4 key tasks:

Execution: processing transactions.

Settlement: resolving disputes and confirming transactions (guaranteeing their immutability).

Consensus: verifying and sorting transactions.

Data availability: storing information.

Monolithic systems are the first approach to building blockchains. They are a single chain where all operations listed above happen at the same level: transaction processing, verification, consensus between participants, etc. This is a simple and understandable approach that was implemented in the first networks, such as Ethereum.

But there is a downside. Monolithic blockchains do not scale well. The more users and transactions, the more load on the network. This leads to slower operation and higher fees.

Moreover, monolithic blockchains are less flexible. If you need to change the rules of the network, it is difficult to do so, as it requires the consent of all participants. And in general, changing them is quite difficult without violating the basic architecture of the system.

Modular blockchain is a new approach to building blockchains.

In modular blockchains, different functions are performed at different levels/blockchains, which allows optimizing each chain for a specific task.

For example: Dymension is responsible for Settlement, Avail or Celestia for Data availability, and consensus is provided by the parent chain Cosmos.

It is important to note that modular blockchains are still a new and emerging technology. Often, the development of such systems is quite complex, and their testing has only just begun.

#Write2Earn $ATOM $DYM $TIA

Portal: The future of Web3 gaming is here! 🎮
What is Portal?
Portal is a cross-chain gaming platform that aims to bring more players to Web3. It simplifies the discovery of Web3 games, allows players to use a single account and token across different games, and play on different blockchains.
Why Portal?

Unified experience: Use one account and token to play games on different blockchains.
Seamless discovery: Find the best Web3 games with ease.
Cross-chain gaming: Play your favorite games on your preferred blockchain.

The team behind Portal
The team behind Portal is a group of experienced professionals in the gaming and blockchain industries. They are advised by industry veterans such as Jamie King (co-founder of Rockstar Games) and Russell Hannon (former CISO at Consensus).
Funding and tokenomics
Portal has raised $29 million from top investors such as OSF, Mando, and Hunter Orrell. The platform's native token, $PORTAL , is used for transactions, staking, and cross-chain fees.
Ecosystem
Portal's ecosystem includes:

Discovery: A platform that aggregates Web3 games into a library, providing users with a convenient place to find and learn about games.
Gaming Wallet: A wallet that provides authentication through Web2 platforms (Twitter/Discord/PSN/Twitch).
Node Network: A network of validators responsible for the security of data on the Portal platform.
Portal Launchpad: A platform that provides an opportunity to invest in gaming/NFT projects at an early stage.
Staking: The ability to stake $PORTAL to participate in projects launched on Portal Launchpad.

The future of Portal
Portal has ambitious plans to revolutionize the Web3 gaming industry. With its strong team, impressive funding, and robust ecosystem, Portal is well-positioned to achieve its goals.
Stay tuned for more updates!

#Write2Earn $PORTAL

Smart Money: Where Does CoinFund Invest? 🧐
Coinfund may not be the most well-known fund, but it has an impressive portfolio with projects that have performed quite well in the crypto industry. These include WorldCoin, Solana, Polygon, ICP, GRT, LayerZero, and many others.

Investments for 2023-24:

Blockchain services and infrastructure: Intu, TableLand, Gensyn, Giza, DIMO, The Bagel Network, Allora, Sindri.
DeFi: LiFi, Superstate, EtherFi.
Blockchains: Neutron, Manta Network.

Projects we're interested in:

@ether_fi - one of the largest liquid restaking protocols. TVL in the network is over $1 billion.
@MantaNetwork - a multi-module ecosystem designed for the development and deployment of decentralized ZK applications.
@gensynai - a machine learning computing protocol.
@lifiprotocol - a cross-chain bridge and decentralized exchange aggregator.
@Neutron_org - a network of blockchains whose main task is to transfer smart contracts to the Cosmos ecosystem.

However, remember that fund investments do not always guarantee the success of a project.
Do your own research before investing!

$MANTA $
#Write2Earn‬

SingularityNET: My Journey into the Future of Artificial Intelligence
What is #SingularityNET? (#agix )
SingularityNET is a blockchain platform that aims to create a decentralized artificial intelligence (AI) marketplace on the Ethereum and Cardano blockchains. The project's main goal is to create a shared open artificial general intelligence (AGI).
My involvement with SingularityNET:
I first became interested in SingularityNET in 2018, after reading about the project on https://bitcoinmagazine.com/. I was fascinated by the idea of a decentralized AI marketplace and the potential it had to revolutionize the way AI is developed and used.
I joined the SingularityNET community in 2019 and began contributing to the project in a number of ways. I have written articles and blog posts about the project, participated in community discussions, and helped to develop educational resources about SingularityNET.
What I find most exciting about SingularityNET:
The most exciting thing about SingularityNET is its potential to democratize AI. By making AI tools and services accessible to everyone, SingularityNET has the potential to empower people to solve problems and create new opportunities.
I am also excited about the project's commitment to open source and decentralized development. This ensures that the project is transparent and accountable to the community.
My hopes for the future of SingularityNET:
I hope that SingularityNET will play a major role in the development of AGI. I believe that the project has the potential to create a more intelligent and sustainable future for all.

I believe that SingularityNET is one of the most important projects of our time. I am excited to be a part of the community and I look forward to seeing what the future holds for the project.

#Write2Earn‬

Binance Removes Nigerian Naira from P2P Trading! 🇳🇬
😮 The Central Bank of Nigeria has demanded a $10 billion fine from Binance, accusing the exchange of devaluing the naira and disrupting the economy.
🤔 Binance has removed the naira from its P2P trading platform in response.
🤷‍♀️ What does this mean for Nigerian crypto users? Stay tuned for updates!

#Write2Earn‬

BlackRock's Bitcoin ETF hits $10 billion in assets in just 7 weeks! 🚀
That's 162K BTC under management! 😮
In comparison, Fidelity's Bitcoin ETF has 105K BTC ($6.3 billion). 📈
Is this the start of a new bull run? 🤔
P.S. Follow me for more updates on the crypto market! 🔔

$BTC #Write2Earn‬

COTI Foundation Launches $100M Development Fund in COTI Tokens! 🚀
🎉 COTI is also building an L2 solution for Ethereum!
🔐 Coti V2 will focus on data privacy using Garbled Circuits technology.
This is huge news for the COTI ecosystem and the future of blockchain! 🙌
Stay tuned for more updates! 👀
$COTI #Write2Earn

🤯 Too many chains, not enough connections? Agoric's Orchestration is the answer!

⛓️ Cross-chain tech is awesome, but building on it...not so much
🤝 Agoric simplifies multi-chain apps for smoother user experiences
🚀 Imagine seamless staking across chains...Orchestration makes it possible!
🌐 The interchain is the future, and Agoric makes it accessible

Want to know more? Check out Agoric's blog or find them at ETHDenver!

#Write2Earn‬ $BLD

Gemini settles with New York regulators, will return $1.1B to Earn customers via Genesis bankruptcy
Gemini has settled with the New York State Department of Financial Services (NYDFS). As part of the deal, Gemini will return at least $1.1 billion to customers of the Gemini Earn Program through the Genesis bankruptcy proceeding.
Gemini will also pay a $37 million fine.
This is a win for Earn customers, who will get their money back! 🙌

#Write2Earn‬

Robinhood Wallet Adds Arbitrum $ARB Support for Token Swaps

Robinhood Wallet, a popular non-custodial crypto wallet, has integrated Arbitrum, a leading Ethereum Layer 2 scaling solution. This integration will allow Robinhood Wallet users to swap tokens on Arbitrum, which offers lower transaction fees and faster speeds than the Ethereum mainnet.

The integration is a significant step forward for Robinhood Wallet, as it expands the wallet's capabilities and makes it more attractive to users who are looking to explore DeFi. Arbitrum is one of the most popular Layer 2 solutions, and its integration with Robinhood Wallet will make it easier for users to access the growing DeFi ecosystem.
In addition to Arbitrum, Robinhood Wallet also supports the Ethereum, Bitcoin, Polygon, Optimism, and Base networks. The wallet is available for iOS and Android devices.

#write2earn #Robinhood #arbirtum

The long-awaited Blast L2 blockchain is launching on mainnet!
I've prepared a list of promising projects to help you explore the Blast ecosystem.
These projects were selected from the winners of the Blast Big Bang Competition.

Ambient Finance is a spot DEX that supports hooks, dynamic fees, automatic interest accrual, and gas savings.
Bebop DEX is a DEX and API suite for efficient trading.
Trade on Blitz is a futures exchange with centralized exchange-level efficiency. It is being developed by the Vertex Protocol team and will use aggregated liquidity through Vertex Edge.
SynFutures is a decentralized futures exchange with up to 100x leverage and internal yield provided by Blast.
MetaStreet is a yield protocol where any illiquid asset is converted into a yield token or liquid credit tokens.
Particle Trade is a protocol for leveraged trading of any ERC20 token without oracles.
Fantasy Top is a social protocol with gaming integration.
Curvance is an omnichain DeFi protocol.
Redstone is a modular oracle.
Gelato Network is a platform for building rollups.

I'm excited to see what these projects build on Blast!

#write2earn

DePin has become a major trend in 2024.
Today we have made a selection of interesting projects for you to watch. #DYOR

Hivemapper - provides decentralized real-world mapping using dashcams. It is essentially a decentralized analogue of Google Street View.

Helium ($HNT)- is a decentralized wireless network built on blockchain that connects various devices to the Internet. The project aims to offer a cheaper and more stable alternative to traditional wireless networks, satellite equipment and mobile Internet.

Filecoin $FIL - is a blockchain platform designed for decentralized data storage. The idea of the project is not to trust data to one company, but to split it up and store it on different computers all over the world.

Render Network $RNDR - is a decentralized rendering platform that allows users to render graphics remotely using the idle computing power of others.

Livepeer $LPT - is a decentralized Ethereum-based video streaming protocol that aims to become the first alternative to centralized services such as YouTube and Twitch.

Sia Foundation $sia - a decentralized data storage protocol.

AIOZ Network $aioz - an infrastructure solution for decentralized data storage, AI computing, and streaming.

Akash Network - a decentralized marketplace where users can rent computing resources.

Teleport - a new project that offers decentralized taxi services.

Note:

DYOR stands for "Do Your Own Research".
This is not an exhaustive list of DePin projects.
It is important to research each project carefully before investing.

#Write2Earn‬