According to an official announcement reported, Upbit has announced that it will terminate its trading support for BTG at 14:30 on January 23, 2025 local time.
According to an official announcement reported, Upbit has announced that it will terminate its trading support for BTG at 14:30 on January 23, 2025 local time.
Binance has issued a notice regarding changes to the IOTA token economy. The total and circulating supply of IOTA will increase significantly, and the Binance trading page will display a risk warning popup and banner. According to IOTA officials, IOTA will introduce a sustainable token economic model with an annual inflation rate of 6% (767,000 IOTA per block).
Movement Foundation stated that two weeks have passed since the MOVE TGE, and so far, the vast majority of users have chosen to apply for MOVE on the Movement public mainnet, accounting for about 314 million US dollars.
EVM yield aggregator Amphor Protocol, deployed on the Ethereum blockchain, announced a merger with the re-staking protocol Inception to build a modular aggregation layer for re-staking. It is reported that Amphor users' Amphor Points will be converted to InceptionLRT Totem points, and details of the points conversion will be announced later. Due to the acquisition of the Amphor brand by Inception, subsequent relevant information will be communicated through official Inception channels.
Coliseum, a gaming and esports platform supported by Kraken Ventures and NBA star Kevin Durant, has announced the launch of a $2 million Web3 gaming fund to accelerate the development of Web3 gaming projects, with a focus on game studios, gaming guilds, and more. It is reported that the fund plans to provide funding support of $50,000 to $250,000 for each selected project and integrate them into the Coliseum ecosystem.
Philippine Securities and Exchange Commission (SEC) has introduced comprehensive rules for managing crypto assets, covering disclosure, public offering, trading, and marketing activities. These regulations aim to strengthen investor protection and promote transparency in the thriving digital asset market.
Under the new guidelines, the issuance of crypto assets must submit disclosure documents to the SEC at least 30 days prior to any marketing activity or public sale. The document must provide detailed information on the offeror, issuer, key features, risks and underlying technology of the crypto asset, as well as clearly state potential risks, including value loss and limited transferability.
Crypto assets classified as securities require SEC-approved registration statements before they can be publicly offered. Entities that issue or trade crypto assets must comply with anti-money laundering (AML) laws and SEC reporting requirements. It emphasizes that non-compliance with regulations may result in fines, suspension, or revocation of licenses.
On December 24th, it was announced that Terawulf Inc., a listed bitcoin mining company and digital infrastructure provider, has signed an agreement to provide over 70 megawatts of data center infrastructure to Core42, a subsidiary of G42 specializing in artificial intelligence (AI) and cloud services.
According to the agreement, Terawulf will customize its Lake Mariner facility located in northern New York to support Core42's deployment of GPU clusters using Dell liquid-cooled Poweredge XE9680L servers. The deployment of the infrastructure will be phased between the first and third quarters of 2025.
Binance released its 2024 anti-fraud refund plan year-end report, stating that a total of $9.1 million was recovered; 30,000 potential victims were contacted proactively; total losses prevented exceeded $129 million; 47,000 malicious addresses were blacklisted; and over 15,000 alerts were sent to users every day.
Lisk is launching its L2 network and offering an airdrop of over 15 million $LSK, worth around $15 million USD. Users can participate by testing the platform's dApps and exploring the ecosystem, with rewards in $LSK tokens based on their contribution compared to others. The airdrop will be distributed over multiple drops, and even a small investment of $50 or less can potentially yield worthwhile rewards. To earn rewards, users can complete tasks on the Lisk network, such as daily transactions and holding ETH, USDT, USDC, and LSK, as well as external tasks like adding liquidity to the LSK/WETH pool on Oku.trade and borrowing on Ionic Money platform. The airdrop is beginner-friendly and rewards can be received within 70 to 75 days.
Matador Technologies, a US stock market company, plans to allocate the first batch of $4.5 million to Bitcoin in December and add Bitcoin to its balance sheet.