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Panama City, Panama, February 1st, 2024, Chainwire Integration Comes on the Heels of $2 Million Investment Led By Binance Labs Bracket Labs, a leader in on-chain volatility trading, announces the integration of its trading product, Passage, with BNB Chain, expanding Bracket’s simple, one-click trading platform to the most active trading blockchain in Decentralized Finance. Crypto markets cyclically fluctuate through long periods of sideways trading followed by short periods of volatility. To take advantage of these conditions, Bracket innovates on traditional financial instruments and delivers an all-new leveraged trading product for volatility that is ideal in both sideways and trending markets.  With more than $3.2 billion in total value locked and 1+ million daily active users on BNB Chain, Bracket Labs will have access to increased liquidity for faster transactions and improved pricing. With this launch, Bracket Labs further diversifies its platform for traders with acces...

In a high-profile money laundering trial unfolding in Londo n, a former restaurant worker stands accused of attempting to hide billions worth of Bitcoin stolen in a massive Chinese investment fraud. TLDR Jian Wen, a former restaurant worker, was allegedly recruited to help Zhimin Qian launder money stolen from a $6.3 billion investment fraud scheme in China. Wen attempted to use Bitcoin worth over $1.7 billion at the time to purchase luxury items and a $30 million mansion in London. The purchases never went through. UK authorities seized 61,000 Bitcoin from Wen and Qian in 2018, worth about $1.7 billion at the time and over $2.5 billion now. Wen claims the Bitcoin was either mined by Qian or a “love gift,” while prosecutors say she helped hide the source of the stolen funds. Wen is currently on trial for money laundering charges, while Qian has fled the UK and remains at large. Jian Wen, a 42-year-old Chinese national who became a British citizen in 2018, allegedly helped Zh...

Solana (SOL) is making a strong recovery, drawing positive attention from crypto analysts who are optimistic about its potential. With a notable uptrend, SOL is nearing the $100 mark, accompanied by a 53% increase in trading volume. Analysts are bullish on the future of Solana (SOL), pointing out its breakout from a descending parallel channel, indicating a potential recovery from its recent downturn. Outperforming many altcoins as Bitcoin (BTC) surpasses $42,000, analysts anticipate Solana (SOL) could breach $100 in the coming days, sustaining its upward momentum. Solana (SOL) is thriving, and the crypto market is eagerly awaiting for a launch of a high-demand new altcoin , currently in presale. This upcoming launch has captured the attention of crypto enthusiasts, offering early access to promising opportunities. ScapesMania: A Rising Star in the Crypto Universe ScapesMania reaches new heights in the crypto universe, so make the most of the early bird discount before it’s too la...

Polygon (MATIC) has experienced substantial growth in the crypto market, especially in user acquisition. In 2023, Polygon (MATIC) added an impressive 15.2 million new user addresses, surpassing the user base growth of Bitcoin (BTC). This surge positions Polygon (MATIC) as a leading Layer-2 project designed to scale smart contracts and reduce transaction costs on the Ethereum network. Despite recent price stability, the influx of users indicates growing interest in the project, potentially boosting demand for the Polygon (MATIC) token. Overcoming the $0.80 resistance level presents a short-term challenge for Polygon (MATIC), with a breakthrough potentially paving the way for a retest of the $1 price goal. Polygon (MATIC) aims for a $1 price goal, but the crypto landscape is dynamic, and new cryptocurrencies could surpass or match its success at a faster pace. Read on to explore an emerging project that is swiftly garnering traction, indicating promising prospects. ScapesMania: Outsta...

Manta Network, an AI and ZK-powered modular blockchain, has achieved a new milestone as its total value locked (TVL) surged 68% month-to-date to around $464 million, according to data from blockchain analysis firm DeFiLlama. With this surge, Manta outpaced Coinbase’s Base and Sui to become the ninth-largest blockchain in TVL. Manta Network has surpassed Coinbase’s Base and Sui to become the ninth-largest blockchain measured by TVL. Meanwhile, Manta Pacific, a layer 2 scaling solution of Manta Network, also sees its TVL rally to $1.7 billion, according to data from layer 2 tracking platform L2Beat. It is now the third largest layer 2 blockchain, just behind Arbitrum One and Optimism with $10.8 billion and $5.4 billion, respectively. TVL typically reflects how much the crypto assets are used in a particular blockchain project. The higher the TVL, the more users participate in the project. Flying Under The Radar Originally known as a layer 1 project on the Polkadot infrastructure, M...

In a groundbreaking move, LiteFinance , a renowned leader in the online trading sector, announces a substantial reduction in commissions and markups across its trading platforms. This strategic decision marks a new era in affordable trading, offering unparalleled opportunities for both novice and seasoned Forex traders worldwide. LiteFinance, with its commitment to providing exceptional trading conditions, has always been at the forefront of innovation in the Forex market. By significantly lowering the financial barriers to entry, the company reaffirms its dedication to democratizing the trading landscape, ensuring that more individuals can access the dynamic world of Forex trading. “We are thrilled to unlock new horizons for our traders by lowering commissions and spreads to highly competitive rates,” said Evgeniy Yanushkevich, Senior Marketing Manager at LiteFinance. “Reduced fees translate directly into increased profit potential. This positions our traders for even greater succe...

Major financial institutions in Hong Kong have set their sights on launching spot bitcoin exchange-traded funds (ETFs), with Harvest Global Investments applying to the Securities and Futures Commission (SFC). Venture Smart Financial Holdings also plans to file an application soon. Additionally, Harvest Global, Venture Smart, and RD Technologies are in talks with the Hong Kong Monetary Authority (HKMA) regarding participating in a stablecoin sandbox to issue fiat-pegged stablecoins under a proposed licensing regime. TLDR Harvest Global Investments applied for a spot bitcoin ETF with Hong Kong’s Securities and Futures Commission (SFC) Venture Smart Financial Holdings also plans to apply for a spot bitcoin ETF in Hong Kong, hoping to launch in Q1 2024 Harvest Global, Venture Smart, and RD Technologies are in discussions with Hong Kong Monetary Authority (HKMA) about participating in the planned stablecoin sandbox HKMA and SFC published proposals to regulate stablecoin issuers th...

Blockchain technology is reshaping many fields, with the gaming sector being the talk of the town. Last year’s acquisition of the blockchain game streaming platform Azarus by Animoca Brands, a Hong Kong-based Web3 gaming giant, marked a significant development in this arena. Gaming is a big market, and people love to watch streamers. With such a great confluence of markets, this seems like a winning idea. ???? BIG NEWS ???? Azarus has recently joined the @animocabrands family ???? and we're celebrating by launching Supercharged Streams! Earn 3X Azarus Rewards on these streams, then redeem them in our store (at a 30% discount)! ???? pic.twitter.com/DEgCuxI5B0 — Azarus.io (@azarusio) November 1, 2023 Azarus, operating on the principle that “streams are not TV,” offers a unique platform where players can broadcast their gaming experiences in real time and earn tokens as rewards. This approach echoes Twitch’s successful strategy and aims to foster a stronger bond between st...

Privacy and security remain paramount concerns in the rapidly evolving world of blockchain technology. Fhenix , an emerging cryptographic project, promises to address these issues through Fully Homomorphic Encryption (FHE). This innovative approach to intelligent contract computation marks a significant leap in blockchain technology, offering a blend of transparency and confidentiality. This guide delves into Fhenix, exploring its concept, technology, and potential impact on the blockchain ecosystem. Concept and Vision Guy Itzhaki, Fhenix CEO, brings extensive experience from his tenure at Intel and collaboration with Accenture. His journey in blockchain technology led him to Fhenix, aiming to revolutionize data management in Web3 applications. Fhenix’s core concept revolves around FHE – a technique enabling calculations on encrypted data without needing to decrypt it first. This feature is groundbreaking as it maintains data confidentiality throughout the computation process. ...

Hardware wallets might promise security but the human factor remains a vulnerability. Popular hardware wallet manufacturer Trezor has recently cautioned its users of a sophisticated phishing attack targeting its customers. Users who received an “Assets undergoing upgrade” email on January 24th could have had their funds stolen if they followed the link it contained. ???? Security Alert ???? We've detected an unauthorized email impersonating Trezor sent from a third-party email provider we use. If you received a suspicious email with the subject line 'Assets undergoing upgrade' from the ID: noreply@trezor.io, please do not click any links or… pic.twitter.com/RqQnQkB4hX — Trezor (@Trezor) January 24, 2024 This incident comes just days after unauthorized access to Trezor’s customer support database. While investigations continue, the Trezor is yet to determine if the attacks are linked. For now, the company has actively warned its customers about the incident and str...

Cryptocurrency lending platform Nexo has filed an explosive $3 billion claim against Bulgaria, accusing the country of making “wrongful and politically motivated actions” that damaged its business prospects. TLDR Crypto lending platform Nexo filed a $3 billion arbitration claim against Bulgaria seeking damages for a canceled criminal investigation against the company Bulgarian prosecutors raided Nexo’s offices in January 2023 and opened a probe over alleged money laundering and financial crimes, but dropped the case in December 2022 Nexo alleges the investigation was politically motivated and destroyed its reputation and shareholder value by scuttling plans for a US stock market listing and a sponsorship deal Nexo claims the probe caused reputational and financial damages totaling $3 billion The claim was filed with the World Bank’s International Centre for Settlement of Investment Disputes (ICSID) which handles disputes between companies and states The claim centers on a c...

One of the internet and hacking culture’s biggest phenomena has found a new home: Dogecoin. The original Doom was launched in 1993 and quickly became one of the most popular first-person shooters, long before the release of its source code in 1997. Since then, the game has been ported to devices as unexpected as ATMs, ultrasound scanners, calculators, and even toasters (kind of). Twitter user “Mini Doge” announced on January 22nd that they had been able to port Doom into Dogecoin, meaning that anyone can now use the network to play the game. According to Mini Doge, the achievement is a reflection of the potential Dogecoin’s latest feature (Doginals) has to reshape the blockchain as a whole. Ð is for Dogecoin! Ð is for Doginals! Ð is for DOOM on Dogecoin! ???? Now inscribed on Dogecoin blockchain forever!???? Play it now on-chain: https://t.co/Xhfqyktva5 or click on the "content" link for full screen with mouse support and mobile support! This game redefined… https://...

A scientific project powered by the decentralized computing platform Golem Networ k has achieved a major milestone after being published in the prestigious journal Chem . The research aimed to simulate the emergence of life’s early metabolic systems and unlock the origins of life on Earth. TLDR A scientific project powered by Golem Network that aimed to simulate the origins of life on Earth has been published in the prestigious journal Chem. The project calculated 3.7 billion molecules and nearly 5 billion reactions, forming the most extensive network of prebiotic reactions to date. Approximately 20,000 CPU cores from the Golem Network were used to recreate the billions of reactions, demonstrating the scalability of decentralized computing. It shows how decentralized infrastructure projects like Golem can provide cost savings and optimize resource utilization by allowing people to share computing resources. Getting published in a prestigious scientific journal validates the imp...

The total value locked (TVL) on the Sui blockchain has jumped by around 82% over the past month to over $358 million, according to data from DeFillama . With this surge, Sui officially surpasses Cardano (ADA) in TVL, ranking at 12th position. Despite the recent market turbulence, Sui shows strong performance, outpacing Cardano in TVL. There is a lot of strength in the DeFi market, regardless of the shifting token prices. TVL on the Sui network has grown significantly since the Sui Foundation announced that the SUI token will be used as an incentive for projects built on the Sui ecosystem. This potentially drives a broader user base. SUI Is Looking Good Other on-chain data also suggest the growth of the Sui blockchain. Sui Explorer, Sui’s native on-chain tracking platform, shows that the number of daily active accounts is around 17,500. This represents a decline in the number of daily users compared to the recent peak in early December when the network saw a spike of up to 180,000 u...

OKB, the native token of OKX, suddenly dropped by 50% from $52 to a minimum of $25, according to data from the OKX exchange. The sharp decline , according to OKX’s explanation, was the result of a wave of massive liquidations, coupled with an overall bearish trend in the market. OKB token suffered a flash crash, dropping its price by 50% within minutes. Crypto markets have been falling. OKB is not a major token, but it shows how weak liquidity can be in the crypto markets. OKX’s market cap decreased by more than 10% after this price movement, from approximately $3 billion to $2.7 billion, according to data from CoinMarketCap . At press time, the OKB token has rebounded above $44, and OKX’s market cap has also recovered above $3 billion The cause was initially unknown. However, after a few hours of the incident, OKX shed light on the leading causes of the early crash, citing massive liquidations and the market’s downward trend. According to OKX, OKB’s price movements were initially c...

Hong Kong-based HashKey Exchange , a licensed virtual asset platform, has forged a strategic alliance with Animoca Brands , a leader in blockchain gaming and digital property rights. The partnership aims to elevate the digital asset ecosystem and Web3 adoption across Asia. TLDR HashKey Exchange and Animoca Brands have signed a strategic partnership agreement to advance digital assets and Web3 They will collaborate on virtual asset offerings, public education, and potential listings on HashKey Exchange Animoca will open an account on HashKey Exchange, showing commitment to compliant trading They will monitor trends in the digital entertainment economy and use technologies like smart contracts The partnership aligns with HashKey’s goal to expand digital asset offerings and Animoca’s mission to drive blockchain adoption Under the terms of the agreement, HashKey Exchange and Animoca Brands will pursue collaborative opportunities around virtual assets and blockchain-based offerin...