Blockchain
TRON Grand Hackathon 2022 Season One Draws to a Close with 82 Qualified Applicants Contesting For $500K Bounty
Singapore, Singapore–(Newsfile Corp. – March 9, 2022) – TRON Grand Hackathon 2022 has been a raging success with a total of 118 applicants who have applied for the aggregate bounty of $500K spread between four tracks, Web 3.0, NFT, GameFi, and DeFi. 82 qualified applicants have moved forward into the Judging Period; winners will be announced on March 12 before 10 p.m. PST. Each track’s final review panel will consist of crypto experts, KOLs, and a public community review board, whose scores account for 30%, 30%, and 40%, respectively. Community reviewers will transparently vote on the TRON DAO Forum.
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Additional to the cash prize, winners may also receive additional support, including funding for projects with a large active user base, project listing on Poloniex and other exchanges supporting the TRON/BTTC ecosystem, fast-track listing on TRON-powered DEXs such as SunSwap, being included in the dApp section on TronLink with a featured banner, and promotions on TRON DAO related social media.
NFTs have continued to be the hot topic in 2022, with the NFT and GameFi tracks dominating the entries. The concept of GameFi has also gained significant popularity this year, as it combines DeFi, NFT, and P2E blockchain gaming ecosystems. The possibilities and use cases put forth by developers thus far have been truly exciting.
“The TRON Grand hackathon is a great opportunity for the community to come together and learn about the technology while experimenting with building projects that could have a real impact on the growth of the TRON/BTTC ecosystem,” said H.E. Justin Sun, Founder of TRON.
Since TRON became a DAO, the mission has been to create a digital space where everybody has a say. The decentralized web is all about putting the power in the hands of the community. The Hackathon is part of TRON DAO’s long-term efforts to promote the mass adoption of blockchain technology and innovative cross-chain solutions.
As part of the Hackathon, the Around the Block podcast series streamed live on TRON DAO YouTube and DLive Protocol has hosted judges and partners such as TRON DAO Blockchain Advisor Laurent Perello, CEO and Co-founder of Unifi Protocol Julian Brabon, and Director of Crypto Fintech Lab at the Hong Kong University of Science and Technology, Professor Kani Chen, for informative and inspiring conversations on all things blockchain. On March 11, tune in at 11 a.m. EST to watch Gabor Gurbacs, Director of Digital Assets Strategy at VanEck, discuss exploring blockchain implementation and use cases from a macro perspective.
About TRON DAO
TRON is dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps). Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized services boasting nearly 100M monthly active users. The TRON network has gained incredible traction in recent years, with over 80 million users on the blockchain, upwards of 2.8 billion transactions, and over $8 billion in total value locked. In addition, TRON hosts the largest circulating supply of USD Tether stablecoin across the globe, overtaking USDT on Ethereum in April 2021. The TRON network completed full decentralization in December 2021 and is now a purely community-governed DAO.
Website | Telegram | Medium | Twitter | Reddit | Forum
TRON Grand Hackathon Contact:
Alexis Schreiber
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/116103
Blockchain
Ebang International Reports Financial Results for Fiscal Year 2023
Blockchain
FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers
A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
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Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.
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