Blockchain
LBank Weekly Listing Report, 19th September 2022
Internet City, Dubai–(Newsfile Corp. – September 22, 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 19th September.
For a more complete list, please follow our twitter @LBank_Exchange
Project: GTG
Listing date: 19th September
Key words: Initial listing, ERC20
Official Website: https://www.gtgold.io/
About:
GTGOLD project aims to create a GTGOLD Jewelry ecosystem that provides reliability and transparency by using innovative technologies such as blockchain, artificial intelligence and digital code.
It transparently manages the stages from raw gold to processing, distribution, and sales with blockchain technology, and enables safe transactions after digitizing real assets based on the GT-Digital Asset Platform.
Project: SMC1
Listing date: 19th September
Key words: Initial listing, ERC20
Official Website: http://semicon1.io/
About:
SEMICON1 aims to increase its market share in the semiconductor fabless field as quickly as possible.
In the field of fabless (semiconductor R&D method), the superiority of materials engineering along with differentiated production technology determines the success or failure of market share and business operation. In recent years, this trend is accelerating in the semiconductor industry, where nanotechnology has been introduced to enable faster integration and nanotechnology.
Project: BGW
Listing date: 19th September
Key words: Initial listing, TRC20
Official Website: https://bitbexgw.com/
About:
The value determination of the payment system of the future real economy has opened people’s eyes to a decentralized world with blockchain technology.
It raises new questions about the centralized current monetary system as a whole. In recent years, all members of society are considered important about the safe profitability of assets, emphasizing data stability and fast payment systems through various methods of payment systems. To overcome these limitations, the BITBEX GRAND WIN (BGW) Platform was developed, and the core of this project, Project Default Guarantee (PDG), was jointly developed based on PDS issued by global financial company YOUA Group HK. Therefore, through the PDG program, it functions as a payment method for the real economy through a stable platform of the payment system.
Project: NEBTC
Listing date: 20th September
Key words: Initial listing, BSC
Official Website: https://nemetaglobal.com/
About:
NewBit, or NEBTC, is a utility token that is used to pay fees in the D.Volt ecosystem – NFT marketplace, DeFi platform, Metaverse, and payment gateway.
D.Volt Wallet users can either use the wallet for free or run a node by staking NewBit coins so they can get rewards from NEBTC Network. NewBit provides a range of benefits and incentives to D.Volt Wallet users who run a node.
Project: BRC
Listing date: 20th September
Key words: Initial listing, ERC20
Official Website: https://bridgecoin.pro/#/
About:
BridgeCoin means a bridge in the metaverse field, the basic payment that connects all metaverse worlds. BRC is a product based on top blockchain technology. It is a complete ecosystem. Its ecosystem includes cryptocurrency, NFT, Defi, Dapp, chain games, social networking, public chains, etc. For chain-related trend content, you can see the shadow of BRC, and the main service field (focus) of BRC is the basic payment in the field of Metaverse and the provision of public chain and ecological resources for chain games (belonging to the entertainment field of the Metaverse).
Project: FLIX
Listing date: 20th September
Key words: Initial listing, ERC20
Official Website: https://flipcorp.io/
About:
FLIX token is a project that converts value to NFT based on the real estate investment evaluation system and builds a diverse global real estate crowd-type REITs funding as a platform ecosystem. In order to provide a direct transaction environment between users for real estate rights and value investment and to provide easy and convenient access to various real estate investment products, the main members of the foundation are members with high real estate transaction experience and practical competency, allowing the real estate investment pool market to be flexible. The NFT market of real estate REITs is being expanded and developed to establish a brokerage system based on NFT based on real estate value and competitiveness by creating a direct investment brokerage environment.
Project: NVIR
Listing date: 20th September
Key words: Listed on uniswap, BKEX，LP 300K, ERC20
Official Website: https://www.nvirworld.com/
About:
NvirWorld was started with the idea of a new digital realm envisioned by all, in which “everything enjoyable is profitable”, where everything users deeply hope for can be actualized in reality. Aiming to solve the most prominent issues of most NFT, DeFi, Metaverse platforms, NvirWorld’s founders believe that many of these shortcomings emerge from a failure to truly consider the needs of the user. NvirWorld veritably co-exists with users all throughout, aiming to not only generate profit but to share and divide it with those who activate its ecosystem; to operate towards a user-powered, community-based format, with a focus on CSR (corporate social responsibility) featuring donation campaigns for positive environmental and social causes around the world.
Project: STLE
Listing date: 21st September
Key words: Initial listing, Mainnet
Official Website: https://stlenft.com/
About:
The Saint Linne NFT platform consists of 7 business areas: Gallery, Academy, Goods Shop, Brand Licensing, Friends Cafe, Avatar Market, and Avatar Broadcasting.
In addition, by building a user-created NFT platform, anyone can issue and sell NFTs on their creations.
Project: FRZW
Listing date: 21st September
Key words: Initial listing, BSC
Official Website: https://frzswap.com/
About:
FRZW token on Binance Smart Chain. FRZW token is the token that will power the FRZ Solar System ecosystem. FRZSWAP DEX cryptocurrency exchange. FRZ Solar System will also develop and launch its own DEX exchange to provide users with the ability to perform peer-to-peer transactions without central authorities and avoid the risks of the loss of funds because of third parties actions.
Project: GTON
Listing date: 22ed September
Key words: Listed on sushiwap, uniswap, quickswap, spookyswap, Mainnet
Official Website: https://gton.capital
About:
GTON Capital is building infrastructure to advance digital capital markets by combining cutting edge achievements of #Web3 technologies. The rollups, stablecoins and staking protocols.
Project: PRIMEZTOKEN
Listing date: 23rd September
Key words: Initial listing, ERC20
Official Website: http://primez.io/
About:
Japanese Culture toward the World.
Primez is proud to present the unique Japanese aesthetic world content from the Primez NFT platform to Japan and the world.
Japanese content is highly acclaimed worldwide, ranging from traditional art to animation, games, music, contemporary art, and sports.
Primez focuses on these Japanese contents and mint NFTs of them to protect and enhance the value of these creators. Primez will create a new economic sphere not only in the Japanese market, but also in the U.S. and Asia.
PrimezToken (PRIMEZTOKEN) can be used on the Primez NFT platform. PRIMEZTOKEN can be used not only to purchase NFTs, but also as tickets to events and as support points for artists and celebrities. Widespread use will improve the liquidity and credibility of the new PRIMEZTOKEN crypto asset.
Summary of Last Week’s Listings – 13th September to 18th September, 2022
Name: SOLAS
Weekly gain: 600%
Official Website: https://solashc.com
Trade here: https://www.lbank.info/exchange/solas/usdt
Name: MMAI
Weekly gain: 5%
Official Website: https://www.metamonkey.ai/
Trade here: https://www.lbank.info/exchange/mmai/usdt
Name: STSR
Weekly gain: 11100%
Official Website: http://satelstar.io/
Trade here: https://www.lbank.info/exchange/stsr/usdt
Name: SWEAT
Weekly gain:390%
Official Website: https://sweateconomy.com/
Trade here: https://www.lbank.info/exchange/sweat/usdt
Name: XPOP
Weekly gain: 82%
Official Website: https://www.xpop.io/
Trade here: https://www.lbank.info/exchange/xpop/usdt
Name: MNTL
Official Website: https://assetmantle.one/
Trade here: https://www.lbank.info/exchange/mntl/usdt
Name: RBTR
Official Website: https://rbtr.info/
Trade here: https://www.lbank.info/exchange/rbtr/usdt
Name: ARIX
Official Website: https://arix.exchange/
Trade here: https://www.lbank.info/exchange/arix/usdt
Name: GAND
Official Website: https://www.gandercoin.com/
Trade here: https://www.lbank.info/exchange/gand/usdt
Name: XRD
Official Website: https://www.radixdlt.com/
Trade here: https://www.lbank.info/exchange/xrd/usdt
Name: ARIX
Official Website: https://arix.exchange/
Trade here: https://www.lbank.info/exchange/arix/usdt
Name: MBH
Official Website: https://www.marbleheroes.co/
Trade here: https://www.lbank.info/exchange/mbh/usdt
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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 7 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/138044
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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