Blockchain
LBank Weekly Listing Report, 14th March 2022
Dubai, United Arab Emirates–(Newsfile Corp. – March 15, 2022) – As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help better understand these unique opportunities.
New Listings on LBank Exchange
Scheduled this week starting on 14th March.
For a more complete list please follow our twitter @LBank_Exchange
Project: CST
Listing date: 14th Mar.
Key words: utility, initial listing, BEP20
Official Website: https://crypto-stake.io
About:
Crypto Stake ecosystem is a decentralized gambling platform giving players all over the world an opportunity to place bets on sports, book events from every corner of the globe. We believe that people should be able to place bets using cryptocurrencies without limitations of what they can choose to bet on.
Project: GOLF
Listing date: 14th Mar.
Key words: Stablecoin, listed on BitClover (Hotbit Korea), KLAYTN
Official Website: https://en.golfro.io/
About:
This is a project to grow the golf industry to the next level by using blockchain technology to integrate the golf market inside the ‘Golfrochain’ ecosystem to provide convenience, transparency, and absolute security to the common users.
Project: ZIK
Listing date: 14th Mar.
Key words: SocialFi, listed on Probit Global, ERC20
Official Website: https://ziktalk.com/
About:
Ziktalk is Web 3.0 short video platform with over 650,000 users that allows content creators and consumers to earn ZIK tokens for interactions within the app through the concept of Social Mining that rewards users for contributions that benefit the growth of the ecosystem. Ziktalk provides monetization opportunities to 98% of the content creators earning below the poverty line and users in developing nations.
Project: BRK
Listing date: 14th Mar.
Key words: Metaverse/NFT/GAMEFI/DAO/DEFI, listed on BSC Chain (MAIN): PancakeSwap/ MDEX; HECO Chain: MDEX/ DogeSwap; ETH Chain: UniSwap/ SushiSwap; CEX: JPEX, ERC20
Official Website: https://home.blueark.io/
About:
The BlueArk project was jointly initiated by Peter Lin, a well-known designer, and Dough-Boy, a music creator, and received corresponding support in the Dao community. The NFT trading platform has been launched, cross-chain bridge, and trade tokens on PancakeSwap.
Project: PTX
Listing date: 14th Mar.
Key words: Defi, initial listing, Mainnet
Official Website: https://pandoproject.org
About:
PandoProject is a complete ecosystem with a blockchain-based, decentralized, highly scalable video distribution network powered by a Pando Token (PTX), supported by popular DApp.
Project: MRI
Listing date: 14th Mar.
Key words: MEME, listed on Uniswap, BitMart, XT, ERC20
Official Website: https://www.marshallinu.com/
About:
The coin provides “monetary donations” to fighters so that each fighter has a better opportunity to compete at a professional level. Fighters should not have to worry about the costs of training camps, injuries, bills, etc. MRI offers direct sponsorship to fighters in the form of Ethereum and the native MRI token.
Project: PANDO
Listing date: 15th Mar.
Key words: public chain, listed on Cashierest, ProBit Global, Indodax, Bittrex Global, MEXC, Bibox, Hotbit, ERC20
Official Website: https://pandobrowser.com/
About:
PANDO is designed to provide innovative new ways of rewarding the browsing experience. We are structured so that users can experience the greatest economic benefit in terms of transparency and corresponding privacy protection.
Project: BCL
Listing date: 15th Mar.
Key words: NFT, initial listing, ERC20
Official Website: https://www.bitcoinlegend.org/
About:
BitcoinLegend (BCL) is cryptocurrency assets based on ERC-20. BCL will make NFT market platform(NFT cards, artworks).Also, BCL will launch a metaverse game with a Hero NFT card inspired by Marvel’s Avengers .
Project: CLE
Listing date: 15th Mar.
Key words: METAVERSE, NFT, initial listing, TRC20
Official Website: https://www.clebus.com
About:
CLEBUS is a metaverse ecosystem. CLEBUS is a platform where you can discover and trade values and take up challenges for new values. It’s a world tailored just for you. CLE Coin is a global payment method in CLEBUS, allowing all participants to actively engage in the virtual economy on a virtual asset-based metaverse platform.
Project: XCN
Listing date: 15th Mar.
Key words: listed on CMC, Nevis, ERC20
Official Website: https://www.chain.com/
About:
Chain is a cloud blockchain infrastructure that enables organizations to build better financial services from the ground up. Chain has launched Chain Core which is a permissioned and open source blockchain and Sequence, its ledger as a service product. Clients can receive discounts and pay for commercial fees with Chain Tokens (XCN) as well as participate in community protocol governance and access to premium features.
Project: CPLAY
Listing date: 15th Mar.
Key words: DEFI, listed on pancake, BEP20
Official Website: https://www.cplay.network/
About:
CPLAY Network is a complete community-driven crypto ecosystem which is going to provide one-stop solution by bringing all crypto oriented business platforms and users under the same roof.
Project: BOBA
Listing date: 16th Mar.
Key words: Wallet, listed on Uniswap, ERC20
Official Website: https://www.bobatama.com
About:
BOBATAMA is a variation of the Saitama meme combined with the legendary Boba Fett character. BOBATAMA is launching on the Ethereum network.
Summary of Last Week’s Listings – Mar 7th to Mar 13th, 2022
Name: GMT1
Weekly gain: 3467%
Official Website: https://www.stepn.com/
Name: RND
Weekly gain: 1507%
Official Website: http://therandomdao.com/
Name: MTRA
Weekly gain: 1300%
Official Website: http://meta-rare.net/
Name: TPC
Weekly gain: 560%
Official Website: https://techpaychain.com/
Name: INDI
Weekly gain: 223%
Official Website: https://indi.gg/
Name: KUNCI
Weekly gain: 71%
Official Website: https://kuncicoin.com/
Name: ELV
Weekly gain: 19%
Official Website: https://elvantis.com/
Name: KLEE
Weekly gain: 15%
Official Website: https://kleerun.game/
Name: TARP
Weekly gain: 14%
Official Website: https://www.totallyarugpull.com/
Name: HVI
Weekly gain: 10%
Official Website: https://vizslainu.com/
Name: KIBA
Weekly gain: 3%
Official Website: https://kibainu.org/
Name: LUST
Weekly gain: 1%
Official Website: https://lustcoins.com/
Name: KDC
Official Website: http://www.fandomchain.io/
Name: APOLLO
Official Website: https://www.apolloinutoken.com/
Figure 1: LBank Weekly Listing Report, 14th March 2022
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from more than 210 regions around the world.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/116830
Blockchain
Supply Chain Finance Market Forecast to Reach $9.4 Billion by 2029: Increasing Emphasis on Sustainable Sourcing
Global Supply Chain Finance Market
Blockchain
Web3 Startups Raise Nearly $1.9B in Q1 2024 Despite Overall Downtrend in Crypto VC Interest
Venture capital funding for cryptocurrency and blockchain projects has seen a notable resurgence in the first quarter of 2024, marking its first quarterly rise since 2021. Crunchbase data released today indicates that Web3 startups secured nearly $1.9 billion in funding across 346 deals during this period. This represents a substantial 58% increase from the previous quarter, offering a glimmer of hope amidst the ongoing downward trend in overall crypto VC interest.
The recent surge in funding can be attributed to investors adopting a more long-term perspective on Web3, as opposed to the hype-driven “tourist investors” predominant in recent years. Chris Metinko, the author of the report, notes that investors are shifting their focus to the AI sector, indicating a change in investment strategy. There is a growing interest in supporting the foundational infrastructure of the decentralized internet, rather than solely concentrating on crypto wallets and lending platforms, which attracted significant investments during the peak period of 2021 to 2022.
While large funding rounds were relatively uncommon in Q1, several notable investments stood out. Exohood Labs, a company integrating AI, quantum computing, and blockchain, secured a remarkable $112 million seed round at a valuation of $1.4 billion. EigenLabs, an Ether token “restaking” platform, raised $100 million in a Series B round led by a16z crypto. Additionally, Freechat, a decentralized social network leveraging blockchain technology, secured $80 million in a Series A round. These investments, among others, contributed to the increase in valuations and the emergence of four new Web3 unicorns in Q1.
Despite the recent progress, the future trajectory of Web3 remains uncertain. Metinko suggests that the next few quarters will be pivotal in determining the industry’s direction. While investors anticipate a rebound in investment as the decentralized internet evolves, it may take another year for venture capital activity to stabilize after the exuberance of 2021. Factors such as the approval of U.S. spot Bitcoin exchange-traded funds and the upcoming Bitcoin halving could also influence the market, given the rising prices of Bitcoin and Ether.
A noteworthy example of significant funding in the Web3 space is Monad Labs’ recent successful funding round, which secured $225 million led by Paradigm. Monad Labs is a layer-1 blockchain compatible with Ethereum, offering faster transaction processing. This funding round harkens back to the golden era of crypto funding in 2021-2022, when L1 solutions attracted substantial investments.
Earlier this year, Balance, a digital asset custodian based in Canada, announced that it had once again reached $2 billion in assets under custody (AUC) amidst the recent market recovery. Similarly, Korea Digital Asset (KODA), the largest institutional crypto custody service in South Korea, has experienced remarkable growth in crypto assets under its custody, expanding by nearly 248% in the second half of 2023.
Analysts at Bernstein Research project that crypto funds could reach an impressive $500 billion to $650 billion within the next five years, representing a significant leap from the current valuation of approximately $50 billion. This forecast underscores the growing optimism and potential for substantial growth within the crypto industry in the coming years.
Source: cryptonews.com
The post Web3 Startups Raise Nearly $1.9B in Q1 2024 Despite Overall Downtrend in Crypto VC Interest appeared first on HIPTHER Alerts.
Three blockchain mining companies – NGS Crypto, NGS Digital, and NGS Group – along with their directors, Brett Mendham, Ryan Brown, and Mark Ten Caten, are facing legal action from the Australian Securities and Investments Commission (ASIC) for allegedly operating without a license, in violation of Australia’s Corporations Act. ASIC initiated legal proceedings against these entities on April 9, citing concerns about their non-compliance with financial regulations and their solicitation of Australian investors.
According to ASIC, the NGS companies promoted blockchain mining packages with fixed-rate returns to Australian investors, encouraging the transfer of funds from regulated superannuation funds to self-managed superannuation funds (SMSFs) for conversion into cryptocurrency. Approximately 450 Australians invested a total of around USD 41 million in these packages, raising concerns about potential financial losses.
The legal action filed by ASIC alleges that the companies violated section 911A of the Corporations Act, which prohibits companies from providing financial services without a valid Australian Financial Services Licence (AFSL). ASIC is seeking interim and final court orders to prohibit the NGS companies from offering financial services in Australia without an AFSL.
ASIC Chair Joe Longo emphasized the importance of investors carefully considering the risks before investing in crypto-related products through their SMSFs. Longo stated that ASIC’s actions send a message to the crypto industry about the regulator’s commitment to ensuring compliance with regulations and protecting consumers.
In a separate development, the Federal Court appointed receivers for the digital currency assets associated with the NGS companies and their directors to safeguard these assets amid concerns about the risk of dissipation. Mendham was also issued a travel restriction order, preventing him from leaving Australia.
While a court date for the proceedings has not been set, ASIC’s investigation is ongoing, with the regulator continuing to gather evidence and build its case. It is worth noting that the investigated companies share a similar name with NGS Super, a legitimate Australian pensions provider, leading to potential confusion among investors. NGS Super clarified that it is not involved in selling cryptocurrency or related products and has taken legal action to protect its trademark and members’ interests.
Source: iclg.com
The post ASIC cracks down on blockchain mining firms appeared first on HIPTHER Alerts.
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