Blockchain
ACE Exchange Unveils Taiwan’s First-ever Basketball Player Non-Fungible Tokens (NFTs) Cardpack Featuring Hsinchu JKO Lioneers
ACE Exchange, a leading cryptocurrency exchange based in Taiwan, has joined hands with Hsinchu JKO Lioneers, a professional basketball team of Taiwan’s P.LEAGUE+ (PLG), to debut an exclusive collection of non-fungible token (NFT) trading cardpack featuring five of the team’s most popular players.
Starring Kuo Hao, Kao, Tian Hao, Wu Tai-Hao, Chieng Tli-Huan and Hsiao Shun-Yi, the release of the Lioneers NFT cardpack includes 100 limited edition cards and 1,000 standard cards.
The cardpack is now available on the NFT trading platform OpenSea.com.
An NFT is a crypto asset that uses blockchain technology to record the ownership status of a digital object, with each digital item having unique authenticity that only one owner can be established. Curated by Hsinchu JKO Lioneers and ACE Exchange, all of the newly unveiled NFTs are securely stored in a smart contract with all the transaction records sealed and traceable in a digital ledger, eradicating any possibility of forage.
This new project comes as the popularity of NFTs continues to surge this year as the sales reached a new height in the second quarter of 2021. Digital content creators, who used to monetize their works on YouTube, Instagram, TikTok and Spotify, are the biggest beneficiaries of the NFT boom. The blockchain-encrypted NFTs grant uniqueness to their art works, preventing forgery which offers a guarantee to both creators and collectors.
“NFTs have emerged as a new trend for the global investors thanks to their diversity. According to a report released by PWCC MARKET, the five-year return rate of NFT player cards invested in 2015 is up to 221%, double the 109% return rate of S&P 500 stock portfolio investments. I believe Taiwan can keep up and ride with the strong momentum of the NFT boom, with Hsinchu JKO Lioneers being a pioneer who will develop PLG into a diverse basketball league in the future”, said David Pan, founder of ACE Exchange.
Lioneers NFT cardpack
Issuer: Hsinchu JKO Lioneers, ACE Exchange
Name: The Rising Hsinchu Jko Lioneers Aces
Featured Players: Kuo-Hao, Tian Hao, Wu Tai-Hao, Chieng Tli-Huan and former player Hsiao Shun-Yi
Limited Edition Cards: Each of the 150 cards (30 for each of the five players) is priced at 0.09 Ether
Standard Edition Cards: Each of the 1,000 cards (200 for each of the five players) is priced at 0.08 Ether
(Users can purchase the NFT cards on OpenSea.com via Ether after transferring the cryptocurrency to their digital wallets such as Metamask)
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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