ProB

Crust Network intends to send all the ARB airdrops obtained by the project to community members

prob@newsletter.paragraph.com (ProB) — Fri, 28 Apr 2023 09:51:59 GMT

The decentralized storage solution Crust Network stated that the ARB airdrops received by the project from Arbitrum will be distributed to community members who have contributed to the project, and users will be able to receive rewards through Galxe. The collection time is from 00:00 on April 29th to 00:00 on May 6th, Beijing time.

Around 70% of PancakeSwap DAO voted in favor of cutting block rewards

prob@newsletter.paragraph.com (ProB) — Fri, 28 Apr 2023 00:19:31 GMT

The proposal of "reducing block rewards" initiated by PancakeSwap DAO, as of now, nearly 70% of the votes are in favor, and the voting will end (tomorrow) at 18:00 on April 28. According to the proposal, the CAKE block rewards on Syrup Pool, PancakeSwap's main liquidity pool on BNB Chain, will drop by 94% (Syrup Pools allow users to lock tokens for up to one year to obtain CAKE rewards).

The content of the "active reduction" option is as follows: immediately adjust the release amount of CAKE Syrup Pool from 6.65 CAKE/block to 3 CAKE/block, after that, reduce 0.5 CAKE/block every month for 5 months, CAKE Syrup Pool release The amount decreased to 0.35 CAKE/block (about 2% APR) in the 6th month.

Huawei applies for registration of GPT-related trademark "HUAWEI NETGPT"

prob@newsletter.paragraph.com (ProB) — Thu, 27 Apr 2023 12:36:44 GMT

According to the report of Flush, the Tianyancha App shows that recently, Huawei Technologies Co., Ltd. has applied for the registration of the "HUAWEI NETGPT" trademark, which is internationally classified as a scientific instrument, and the current trademark status is pending application.

Bitpanda and Raiffeisen Unit Partner to Offer Cryptocurrency to Bank Customers

prob@newsletter.paragraph.com (ProB) — Thu, 27 Apr 2023 00:12:29 GMT

Cryptocurrency exchange Bitpanda and a Vienna-based unit of traditional Austrian bank Raiffeisen Bank are teaming up to offer cryptocurrency services to the bank's customers. To this end, RLB NÖ-Wien signed a letter of intent to study a cooperation with Bitpanda. The evaluation process for specific offers should be completed by the end of the year. Raiffeisen plans to include cryptocurrencies and other asset classes in its digital investment products, a first for a traditional bank in the European Union.

Two Former U.S. Representatives to Lead New Bitcoin Policy Group

prob@newsletter.paragraph.com (ProB) — Wed, 26 Apr 2023 10:49:12 GMT

Two former U.S. congressmen, Tim Ryan and David McIntosh, will lead a new bitcoin policy group, BPI Action, aimed at educating policymakers and the public about the economic and social benefits of bitcoin and other digital innovations.

BPI Action will join other crypto organizations already in Washington, including the Blockchain Association and the DeFi Education Fund, which just signed its 107th member.

Google Cloud Startup Support Program Opens to Web3 Industry Builders

prob@newsletter.paragraph.com (ProB) — Wed, 26 Apr 2023 00:23:00 GMT

Google Cloud's "Google for Startups Cloud" start-up support program is now open to Web3 industry builders. Qualified projects from the Pre-Seed round to the A round will be able to apply for the program (support Web3 financing projects), participate in Projects get access to startup experts, partial cloud credits (up to $100,000 for the first two years), technical training, business support, and discounts on various Google products.

Coinbase Launches Commemorative NFT Called 'Stand With Crypto'

prob@newsletter.paragraph.com (ProB) — Tue, 25 Apr 2023 10:37:21 GMT

According to the official Twitter, Coinbase released the "Stand With Crypto" commemorative NFT through the Zora platform, which aims to protect and promote the potential collective position of the cryptocurrency ecology. All proceeds associated with this NFT collection will be donated to vetted organizations through Gitcoin's crypto publicity round.

Earlier today, it was reported that Coinbase filed a lawsuit against the SEC, aiming to get the court to ask the SEC to respond to the encryption rule petition.

Romanian Institute of Informatics to Launch Institutional NFT Trading Platform

prob@newsletter.paragraph.com (ProB) — Tue, 25 Apr 2023 00:12:02 GMT

Romania’s National Informatics Research and Development Institute (ICI Bucharest) aims to drive Web3 adoption in the country by launching an internal NFT trading platform. The institutional NFT platform called ICI D|Services will go live on April 26 and aims to connect private and public sector institutions and users. The platform is primarily an NFT marketplace that allows public and institutional users to mint, manage and trade NFTs.

South Korean judge to hear Coinone ex-director embezzlement case on May 4

prob@newsletter.paragraph.com (ProB) — Mon, 24 Apr 2023 14:41:54 GMT

The 7th Criminal Division of the Southern District Court in Seoul, South Korea, set the first court date for former Coinone director Jeon, accused of embezzlement of public funds and other charges, on May 4. Gao will also stand trial on the same day.

Jeon was suspected of charging 2 billion won in listing fees from two brokers, including Gao, for listing the currency when he was the listing director of the cryptocurrency exchange Coinone from 2020. He also allegedly listed certain coins knowingly that they had market manipulation (commercial interference) purposes. Gao, who faces charges of embezzlement, was involved in the listing of more than 29 cryptocurrencies.

Snapchat's AI chatbot is now free for all users

prob@newsletter.paragraph.com (ProB) — Mon, 24 Apr 2023 00:31:13 GMT

Snapchat recently announced at its Snap Partner Summit that Snapchat's artificial intelligence chatbot is now available to users around the world. The feature, which first rolled out in February, initially allowed Snapchat's paying users to chat with an AI-powered chatbot powered by OpenAI's GPT technology directly within its app. It will now be available for free to all global users. Snap notes that users have used chatbots to send nearly 2 million messages per day to date.

Telegram Wallet Bot Launches Web Interface That Supports Buying, Withdrawing, and Trading Bitcoin

prob@newsletter.paragraph.com (ProB) — Sun, 23 Apr 2023 13:44:13 GMT

According to an announcement from the Telegram wallet bot @wallet on April 21, the bot has rolled out a feature update whereby @wallet users can now buy, withdraw, trade bitcoin, and conduct bitcoin P2P transactions directly through its updated web interface. Previously, bitcoins were only accessible in the textbot, but now all users in @wallet will be able to use the web interface. Also one of the new features of the platform is an updated trading interface. Through this new wallet transaction interface, users can instantly trade BTC, USDT and TON tokens. Additionally, the total number of swap pairs increases to six.

Previously, it was reported in April last year that the TON Foundation had added an encrypted payment function to Telegram, and users could purchase Bitcoin through the Telegram "@wallet (wallet)" robot function. In November last year, it was reported that the Telegram wallet robot has supported the direct trading of TON tokens in the application chat interface.

Societe Generale’s euro stablecoin EURCV under fire for centralized transfer method

prob@newsletter.paragraph.com (ProB) — Sun, 23 Apr 2023 00:14:23 GMT

Societe Generale announced this week the launch of EUR CoinVertible (EURCV), an ethereum-based stablecoin available only to authorized institutional clients. However, according to smart contract engineer alephv.eth on social media, the ERC-20 transfer of the stable currency needs to be authorized by the internal registrar before the transaction is executed. alephv.eth added that Societe Generale coded the EURCV stablecoin and had to whitelist all users before processing “transferFrom,” and even approved user ERC20 transfer transactions.

Coinbase L2 Network Base Plans to Launch Its Mainnet in 2023

prob@newsletter.paragraph.com (ProB) — Sat, 22 Apr 2023 11:00:43 GMT

Coinbase Layer 2 network Base plans to launch its mainnet in 2023, according to Jesse Pollak, Head of Base and Head of Protocol at Coinbase. The near-term plan is to get Base into the mainnet and decentralize it.

U.S. proposes stronger oversight of nonbanks posing systemic risk

prob@newsletter.paragraph.com (ProB) — Sat, 22 Apr 2023 02:58:49 GMT

The top U.S. financial watchdog proposed strengthening the tools it uses to scrutinize nonbank firms, including revising Trump-era guidelines. U.S. Treasury Secretary Janet Yellen announced a proposal from the U.S. Financial Stability Oversight Council (FSOC) that would change the way non-banks are designated as systemically important. "Existing guidance, issued in 2019, places undue hurdles in the designation process," Yellen said. Such a designation process, which could take six years to complete, is impractical and could prevent the committee from taking action to address emerging risks to financial stability before it is too late, she said. Yellen's comments marked a long-awaited shift in the Biden administration's scrutiny of large nonbanks. Areas likely to come under scrutiny include insurance companies, private equity firms, hedge and mutual fund firms, and emerging industries such as cryptocurrencies.

California regulators issue ban on 5 crypto companies suspected of using AI to hype

prob@newsletter.paragraph.com (ProB) — Fri, 21 Apr 2023 09:24:24 GMT

The California Department of Financial Protection and Innovation (DFPI) recently issued an injunction against five entities that allegedly used artificial intelligence to trade crypto assets, including Harvest Keeper, Visque Capital, Coinbot and QuantFund, as well as Maxpread Technologies and its CEO Officer Jan Gregory Cerato.

According to DFPI, these entities are using the hype surrounding artificial intelligence to attract investors, claiming to use the technology to trade crypto assets, and promising high returns to reward new investors with multi-level marketing schemes.

Blockchain infrastructure company Node40 closes $4 million in funding

prob@newsletter.paragraph.com (ProB) — Fri, 21 Apr 2023 00:13:47 GMT

Blockchain infrastructure company Node40 completed $4 million in financing, with venture capital firm Card1Ventures participating. Known for its innovative suite of blockchain tools and services, Node40 is dedicated to simplifying the deployment and management of blockchain nodes. This strategic investment aims to advance the growth of Node40, enhance its product offering, and further expand its presence in the fast-growing blockchain industry.

Prosecutors in Montenegro indict Do Kwon for forgery of official documents and request extension of Do Kwon's detention period

prob@newsletter.paragraph.com (ProB) — Thu, 20 Apr 2023 14:08:13 GMT

Prosecutors in Podgorica, Montenegro have filed documents indicting former Terraform Labs CEO Do Kwon for forgery and requested an extension of the accused’s detention, Block Media reported. Prosecutors in Podgorica, Montenegro have filed documents indicting former Terraform Labs CEO Do Kwon for forgery and requested an extension of the accused’s detention, Block Media reported.

Web3 input method Type!t will open public beta on April 22

prob@newsletter.paragraph.com (ProB) — Thu, 20 Apr 2023 00:39:11 GMT

The world's first Web3 input method, Type!t, will open its public beta on April 22. The whitelist for this public beta will be randomly selected from the 1 million users who have completed the pre-registration. Users participating in this public beta will have priority to experience encrypted input and the unique features of Type To Earn.

It is reported that Type!t is the world's first Web3 input method, based on encryption technology and decentralized storage and other functions to protect users' usage data and other private information, and also has Type To Earn, Gamefi, encrypted chat, AI thesaurus, etc. Web3 functionality. After the user purchases and installs the keyboard skin NFT, he can obtain token benefits when using the input method. Aiming at the 3 billion third-party input method user market in the world, Type!t is committed to becoming the Web3 application with the largest number of users in the world, and has already received investment invitations from many well-known institutions.

Yokosuka, Japan will be the first to adopt ChatGPT in government business

prob@newsletter.paragraph.com (ProB) — Wed, 19 Apr 2023 14:34:10 GMT

Yokosuka City, Kanagawa Prefecture, Japan announced on the 18th that it will try to use artificial intelligence (AI) chat software "ChatGPT" in government business from the 20th. About 4,000 regular employees and some non-regular employees can use it for about one month. According to the city, the trial of ChatGPT across all sectors is the first of its kind among local governments across the country.

Earlier on April 10, Japan's Chief Cabinet Secretary Hiroichi Matsuno said that if privacy and network security issues are resolved, AI technology, including ChatGPT, will be considered in government work.

Sweatcoin Developer Sweat Economy Introduces One Person One Vote Governance System

prob@newsletter.paragraph.com (ProB) — Tue, 18 Apr 2023 23:34:35 GMT

Sweat Economy, the team behind health and fitness app Sweatcoin, is introducing a one-person-one-vote governance system for governance voting, rather than exercising voting rights proportional to their governance token holdings. Voting, which will take place directly within its mobile app, will determine how the protocol spends its 100 million native sweatcoin (SWEAT) tokens. 15 million token holders were eligible to participate in this vote. Participants will decide how much of the 100 million tokens are allocated to staking rewards and how many tokens are removed from the circulating supply, which may affect the price of the token.