CONGTelegram username auction platform Fragment has sold $50 million worth of usernames
Telegram founder Pavel Durov just said in his TG personal channel that the fully decentralized auction platform Fragment sold 50 million US dollars worth of usernames in less than a month. This week, Fragments will expand beyond usernames. The next step for Telegram is to build a suite of decentralized tools, including non-custodial wallets and decentralized exchanges, for millions of people to safely trade and store cryptocurrencies. He also said that in light of the recent FTX events, block...
CONGXDAO, a multi-chain DAO builder, completed a $2.3 million seed round of financing
Multi-chain DAO builder XDAO has raised $2.3 million in a seed round at a $50 million valuation. Investors in the round included Panony, DWF Labs, Telos Foundation, and Grizzly Capital. Chief Executive Vlad Shavlidze said in an emailed statement. The funds were raised through a token sale, which ended on November 21. Investment terms include a 12-month lock-up period with a 36-month linear vesting period, as well as token economics tailored to the crypto bear market, Shavlidze said.
CONGFTX Executive: Over $1 Billion in Cash Assets Has Been Determined
FTX executives said at a procedural hearing on Tuesday that more than $1 billion in assets had been identified. FTX identified approximately $720 million in unconsolidated cash assets at financial institutions authorized by the U.S. Department of Justice. Mary Cilia, FTX's new chief financial officer, said it is contacting the banks and changing the signatories on the accounts so they can access the accounts and transfer as much cash as possible to authorized depository institutions. Ano...
BTC
CONGTelegram username auction platform Fragment has sold $50 million worth of usernames
Telegram founder Pavel Durov just said in his TG personal channel that the fully decentralized auction platform Fragment sold 50 million US dollars worth of usernames in less than a month. This week, Fragments will expand beyond usernames. The next step for Telegram is to build a suite of decentralized tools, including non-custodial wallets and decentralized exchanges, for millions of people to safely trade and store cryptocurrencies. He also said that in light of the recent FTX events, block...
CONGXDAO, a multi-chain DAO builder, completed a $2.3 million seed round of financing
Multi-chain DAO builder XDAO has raised $2.3 million in a seed round at a $50 million valuation. Investors in the round included Panony, DWF Labs, Telos Foundation, and Grizzly Capital. Chief Executive Vlad Shavlidze said in an emailed statement. The funds were raised through a token sale, which ended on November 21. Investment terms include a 12-month lock-up period with a 36-month linear vesting period, as well as token economics tailored to the crypto bear market, Shavlidze said.
CONGFTX Executive: Over $1 Billion in Cash Assets Has Been Determined
FTX executives said at a procedural hearing on Tuesday that more than $1 billion in assets had been identified. FTX identified approximately $720 million in unconsolidated cash assets at financial institutions authorized by the U.S. Department of Justice. Mary Cilia, FTX's new chief financial officer, said it is contacting the banks and changing the signatories on the accounts so they can access the accounts and transfer as much cash as possible to authorized depository institutions. Ano...
BTC
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Ethereum developers have released a devnet network to test validator staking withdrawals, a feature currently missing from the network. Ethereum developer Marius Van Der Wijden said that devnet will help Ethereum prepare to open validator pledge withdrawals next year. There are currently six teams participating in the development network, including Lodestar, Teku, Lighthouse, Nethermind and Geth. “This is the first development network to support withdrawals for all of these implementations, which is a big step forward. It also helps other customers test their deployments by joining the network,” he said. In addition, the ongoing development network only focuses on withdrawals, and the separate functions of the Shanghai upgrade have yet to be tested.
Ethereum developers have released a devnet network to test validator staking withdrawals, a feature currently missing from the network. Ethereum developer Marius Van Der Wijden said that devnet will help Ethereum prepare to open validator pledge withdrawals next year. There are currently six teams participating in the development network, including Lodestar, Teku, Lighthouse, Nethermind and Geth. “This is the first development network to support withdrawals for all of these implementations, which is a big step forward. It also helps other customers test their deployments by joining the network,” he said. In addition, the ongoing development network only focuses on withdrawals, and the separate functions of the Shanghai upgrade have yet to be tested.
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