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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The TON Foundation is launching a universal data storage ecosystem called TON Storage. The project aims to enable users to exchange files of any size, while providing economic incentives to node operators to host files for users. Node operators and users create smart contracts on the TON blockchain that guarantee users will pay a fixed amount of Toncoin to store files for a predetermined amount of time, ensuring users can store data "almost forever."
The TON Foundation will focus on integrating TON storage and TON payment so that node operators can earn rewards not only by storing files, but also by quickly distributing them.
The TON Foundation is launching a universal data storage ecosystem called TON Storage. The project aims to enable users to exchange files of any size, while providing economic incentives to node operators to host files for users. Node operators and users create smart contracts on the TON blockchain that guarantee users will pay a fixed amount of Toncoin to store files for a predetermined amount of time, ensuring users can store data "almost forever."
The TON Foundation will focus on integrating TON storage and TON payment so that node operators can earn rewards not only by storing files, but also by quickly distributing them.
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