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BeFi Labs LBP sale is Live on FjordFoundry!
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🔒 Nfprompt Platform Shaken by Crypto Breach: User Funds at Risk
🚨 In a major setback, Nfprompt, the content generation platform backed by Binance Labs, has fallen victim to a crypto security breach. The consequences are dire, with both user and platform funds being lost.
🔓On March 15, Nfprompt sounded the alarm about a critical security incident. Hackers managed to infiltrate multiple wallets, including those of the platform's administrators, making off with a substantial amount of funds.
⚡️ Responding swiftly, Nfprompt took decisive action to protect its users' assets. By transferring ownership of their smart contracts to new addresses, they effectively isolated the hackers and minimized further damage.
💰 While NFP tokens and other assets are said to be secure, the incident has had a noticeable impact on the token's value, causing it to plummet by more than 15% in just 24 hours.
🛡 In light of this breach, Nfprompt is urging caution among its users. They advise against accepting NFPs from untrusted sources and recommend sticking to established centralized exchanges for trading until more information emerges.
🤝 Collaborating closely with partner exchanges, Nfprompt is working to suspend NFP deposits while investigations unfold. They have also enlisted the help of renowned Web3 security firms SlowMist and Chainalysis to track down the hackers and their associates.
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🌟 Unlock the Adventure with onmi - Your Game, Your Rewards! 🌟
🎉 Exciting News! Onmi, the hottest mobile game of 2024, is launching this month! For the very first time, dive into a game where blockchain and real rewards come alive on your streets. 📱💥
💰 Get ready, because we're not just talking big - we're dropping a *Million Dollar Airdrop* soon! Onmi isn't just a game; it's the first of its kind where playing not only thrills but fills your wallet.
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1. Visit onmi.io - Step into the future of gaming.
2. Boost Your Profile - Easy 1500 points up for grabs.
3. Grab Tokens - Kick off with $300 in tokens.
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🟥 Blockchain-Powered MetalCore Levels Up with $5M Boost!
💰 In a major win for Studio369, the creators of the highly anticipated web3 MMO MetalCore, a whopping $5 million has been secured in their latest funding round.
🤝 The backing comes from big names like Delphi Digital, BITKRAFT Ventures, and Sanctor Capital, as well as Spartan Group, King River Digital Assets, and Arrington Capital.
🎮 But what sets MetalCore apart? It's not just another game. With an AI-driven mission system that generates unique challenges, and a focus on user-generated content backed by blockchain technology, this game is aiming for the stars.
⚙️ Studio369 plans to use the funds to further develop MetalCore's immersive features and expand its ecosystem. Think crafting, trading, and battling it out for planetary supremacy in an expansive open-world setting.
🌟 "We're thrilled to have such incredible support for our vision," says CEO Matt Candler. "This funding will take MetalCore to the next level of fun and awesomeness!"
🏆 With industry veterans behind the scenes, including talent from Activision and Lucasfilm, it's no wonder MetalCore has already snagged awards and secured a cool $15 million in funding last year.
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Are you tired of memecoins already? Because 2024 will be the year for memecoins, I’m sure about that.
This beast PublicMemeCoin is building a $1B market cap for their crazily active community.
$PMT is rising better than BTC by making 2.5x from $0.02 to $0.05. It’s the right time to join the hype train, there’s a potential for more price records soon.
And this is not a typical noname project, as they’re audited by CertiK, have a roadmap for many months ahead, attractive tokenomics and exciting use cases, so it’s going to be fun!
Joint the $PMT army and say hi from me 👋🏽
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🌐 Do Kwon Extradition Drama Continues: U.S. vs. South Korea
🔒 The legal tug-of-war over Terra founder Do Kwon has taken another twist, as U.S. prosecutors refuse to back down in their bid to bring him to American soil.
🇺🇸 Despite a recent setback in the high court, the U.S. Department of Justice remains resolute, citing international agreements and Montenegrin law as grounds for their extradition request.
🤝 Expressing gratitude for Montenegro's cooperation, the Justice Department is determined to ensure that no one is above the law – even a crypto mogul like Kwon.
🇰🇷 Meanwhile, South Korea isn't giving up either. Seeking assistance from Interpol, they're making it clear that they want Kwon back on their home turf.
💥 The explosive collapse of Kwon's Terra blockchain, which wiped out billions in investor value, has led to a flurry of legal action from both nations.
➡️With the SEC piling on charges of investor fraud, including the sale of unregistered securities, it seems that Kwon's troubles are far from over.
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🚀 BlockFi's Big Win: $874.5M Settlement with FTX and Alameda Research
💰 In a major breakthrough, BlockFi has struck a deal with FTX and Alameda Research, securing a whopping $874.5 million windfall to repay customers affected by its bankruptcy.
🤝 The agreement, as outlined by the US Bankruptcy Court, sees BlockFi gaining $185.2 million in claims against FTX and a hefty $689.3 million against Alameda Research.
🔒 What's more, a cool $250 million of this sum will be treated as a secured claim, offering added protection for BlockFi's recovery efforts.
💼 This settlement is not just about the money; it's about customer-centricity. By supporting FTX's reorganization plan, BlockFi aims to expedite payments and bring closure to the case.
📌 Back in September 2023, BlockFi and FTX reached an initial agreement that saw FTX willingly relinquishing most of its claims – a positive step towards resolution.
💎 The court filing emphasizes that this deal is a resounding success, ensuring "complete recovery" for specific claims and setting the stage for customers to receive their dues in full.
⚡️ With BlockFi's security interest recognized, there's an added advantage: faster payouts for customers as FTX moves forward with its reorganization plans.
💪 And here's the cherry on top: this favorable outcome was achieved through early mediation, saving on legal costs and channeling resources towards customer distributions. A win-win!
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✅ Bitcoin NFTs Soar Past Ethereum with $168.5M in Weekly Sales
📈 Bitcoin non-fungible tokens (NFTs) have taken the spotlight, outshining Ethereum in a whirlwind week of sales, driven by the NodeMonkes collection and the rise of Bitcoin Ordinals.
🌟 The Bitcoin NFT market witnessed an astounding 80% growth, raking in an eye-popping $168.5 million in sales, while Ethereum trailed behind at $162 million, as per CryptoSlam data.
🎉 Ordinals, which cleverly associates files with satoshis on the Bitcoin blockchain, stole the show with three out of the top five best-selling collections, including the uncategorized Ordinals and the pixelated profile picture-style NodeMonkes.
💰 NodeMonkes made waves with over $41 million in sales, marking a staggering 170% increase from the previous week and cementing its position as a major player in the NFT space.
🐵 Notably, NodeMonkes' market cap soared past $500 million, securing its spot as the third-largest PFP-style NFT collection across all chains, just behind Ethereum's Bored Ape Yacht Club.
📈 This surge in Bitcoin NFTs comes as the overall NFT market experiences a resurgence, riding high on recovering crypto prices and reaching new milestones like never before.
🖼 Even prestigious institutions like Paris' Musée d’Orsay are joining the digital art revolution, commissioning their first-ever on-chain NFT exhibition titled "The Convergence of Breath" on the Tezos blockchain.
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📣 Coinbase Revolutionizes Crypto Onboarding with New Wallet Solutions
🔑 Simplifying the Journey: Coinbase, the leading crypto exchange, is taking a giant leap towards making crypto onboarding a breeze. With the launch of two innovative wallet solutions, they aim to tackle the challenges faced by newcomers in the world of digital currencies.
📣 Tweeting the Future: In an exciting announcement on February 29, Coinbase Wallet teased the arrival of a smart wallet and embedded wallet features. These cutting-edge additions promise to streamline the user experience and make it more accessible for all.
🔒 No More Seed Phrase Hassles: Bid farewell to those pesky seed phrases! The smart wallet, an extension of Coinbase's Wallet SDK, will integrate seamlessly with decentralized applications using a simple passkey. Say goodbye to complex setups and hello to hassle-free transactions.
♾ Testing the Waters: While still in its testnet phase, this smart wallet is built on Coinbase's layer-2 network Base. By leveraging account abstraction technology, users can rest easy knowing they have recovery options if their keys go astray.
💡 Looking Ahead: Coinbase has big plans for 2024 – they envision smart wallets becoming the default choice for crypto enthusiasts. By addressing security concerns and enhancing usability, they hope to usher in a new era of on-chain adoption and delightful user experiences.
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🔍 ARK Invest Trims Holdings: Coinbase, Robinhood, and Nvidia Stocks Sold
📉 Coinbase's Rally Meets ARKK's Selling Spree
In a surprising move, ARK Invest has sold off a chunk of its Coinbase shares, worth a whopping $6.89 million. This comes as the popular cryptocurrency exchange experienced a 16.85% surge in just one day, hitting a high of $193. Despite the rally, ARKK seems to be taking profits.
💸 Robinhood and Nvidia Also on the Chopping Block
It's not just Coinbase feeling the heat from ARK Invest's selling spree. The firm also parted ways with nearly half a million Robinhood shares, valued at around $6.94 million. And let's not forget about Nvidia, with ARKG selling off 2,724 shares worth $2.15 million.
📈 Coinbase's Bullish Run Continues
While ARKK may be trimming its Coinbase exposure, the exchange itself has been on a tear lately, soaring an impressive 46% over the past month. It seems investors are still keen on riding the crypto wave.
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🔒 Cracking Down on Cybercrime: China's Prosecutors Target Blockchain and Metaverse Misdeeds
🚨 China's legal system is stepping up its game against blockchain and metaverse crooks, with prosecutors promising harsher penalties for digital wrongdoings.
📢 At a recent press conference, spokesperson Li Xuehui from the Supreme People's Procuratorate highlighted the alarming rise in cybercrime within these cutting-edge realms.
💰 Crypto money laundering has become a go-to channel for shady dealings, prompting Li to emphasize the importance of creating a safe and sound online environment.
⚠️ Zhang Xiaojin, Director of the Fourth Procuratorate, issued a warning about the prevalence of "high yield, low risk" scams in China's crypto scene. He even mentioned the infamous pig butchering trickery that dupes unsuspecting investors.
💸 This isn't just a local issue either. Last year, U.S. authorities nabbed a whopping $9 million tied to a pig butchering scheme involving Tether's USDT stablecoin.
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🚀 Africarare IDO Launch Announcement 🌍✨
🗓 Launch Date & Platforms:
IDO on Spores Launchpad and Kommunitas is scheduled for February 24th.
🤝 Exclusive Partnerships Highlight:
MTN: Partnering with Africa's telecom giant, MTN is a testament to our reach and ambition. With millions of subscribers across the continent, MTN's involvement signifies a leap towards connecting Africa's digital and mobile landscape with the global digital economy.
Nedbank: One of South Africa's premier financial institutions, Nedbank, brings its vast financial expertise and innovative banking solutions to the Africarare ecosystem.
CyberKongz: A leading NFT project known for its $210 million total volume traded, CyberKongz collaboration introduces a creative and blockchain gaming dimension to Africarare.
Primedia: As a leading African media group, Primedia's strategic move towards immersive digital advertising in the metaverse showcases the potential for revolutionary marketing solutions within Africarare.
💡 Opportunities in Africarare:
Africa's first metaverse, Africarare, is pioneering the connection of creativity, blockchain, and community, with a robust community of over 200,000 throughout the platforms, signaling a massive interest and trust in the digital transformation of Africa.
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