PRESS RELEASE. On April 21st, MetaToken, a casino project on Ethereum and TON, announced the successful closure of its private funding round. The project attracted $5 million in just one week, establishing itself as a powerful new player and highlighting the growing interest in innovative gaming platforms. Now the project is in the presale stage […]
Certain on-chain signs point to a potential white hat, or ethical hacker, looking for blockchain vulnerabilities.
FanTV, fastest-growing socialFi dApp went live on Sui Mainnet last week Sui’s total active accounts ballooned by an impressive 2.6 million in the past week, with FanTV contributing 48% of this growth Dubai, 28 May 2024 – FanTV, a leading SocialFi platform empowering the Creator economy, announced today a major milestone of onboarding over 1 million new user accounts on Sui, the Layer 1 blockchain and smart contract platform. This achievement accounts for 48% of the 2.6 million wallet growth on Sui over the last week. This significant growth highlights the successful impact of integrating blockchain technology with social media platforms, enhancing user engagement and expanding the reach of decentralized networks. FanTV’s integration of Sui marks a pivotal step in the mainstream adoption of blockchain solutions in the content streaming landscape. Founded by Prashan Agarwal, ex-CEO of Gaana (one of India’s largest music streaming platforms that raised $115M from Tencent), FanTV with its unique Create / Watch to Earn offering is bringing the web2 user experience to the web3 ecosystem. FanTV allows Users and Creators to earn points for engagement and content creation on the platform. The earned points are then converted to the platform token and can be used for platform utility like promotion of content, tipping creators, buying creator keys, subscriptions, etc. FanTV has more than 4 million users and over 20,000 creators. FanTV’s inclusion brings significant growth, onboarding more than 1 million wallets to Sui, and solidifying its role in onboarding the masses to Web3. Prashan Agarwal, Founder and CEO, FanTV, expressed excitement about hitting this milestone, stating, “Partnering with Sui has enabled us to deliver even greater value to our users. As the fastest growing consumer social dApp, FanTV is committed to pioneering new frontiers in blockchain technology, user engagement and new avenues for creator monetization. This surge in established wallets is just the beginning of what we can achieve together. Our vision is to decentralize the creator economy and this is a good step in that direction.” “Thanks to FanTV’s recent integration of Sui, we’re able to see the truth of Sui’s tremendous capacity to handle dramatic upticks in wallets seamlessly, without any interruption to user experience,” said Greg Siourounis, Managing Director of Sui Foundation. “This massive growth is a testament to the power of collaboration and innovation, and we are excited to witness continued growth and adoption within the Sui ecosystem.” With this amazing feat, FanTV plans to shift its gear on global expansion and onboard over 100,000 creators and 10 million users in the next 12 months. For more information about FanTV, please visit https://fantv.world. About FanTV FanTV is the next-generation content creation platform, enabling everyone to create, consume, and get rewarded. The platform bridges the gap between traditional video streaming platforms and Web3-enabled video streaming experience. FanTV believes every person is creative, yet isn’t resourced well to create or get discovered in an ocean of centralized platforms and this leads to the incentivization of only the concentrated few. We seek to change that by arming everyone to be a Creator with all the tools that foster creativity enabled by advancements in AI and decentralize the ownership and discovery of content. FanTV’s vision is to attract the next billion users to Web3 by empowering the creator economy and democratizing content ownership. About Sui Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. Based on the Move programming language, its object-centric model enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing, user-friendly experiences. Learn more: https://sui.io Name – Prashan Agarwal Company Name – FanTV Email – ashish.kashyap@fantv.in Website – https://fantv.world/ Location Dubai UAE
Polkadot (DOT) has captured the attention of investors and analysts alike with its recent upward momentum. Currently trading at $7.41, the cryptocurrency has exhibited robust performance metrics that hint at further gains on the horizon. Market analysts, including the renowned Crypto Yapper, are predicting a potential surge to $10, underpinned by strong technical indicators and bullish market sentiment. Related Reading: Red Hot Chiliz: Analyst Predicts 4x Your Money With Upcoming Breakout A Solid Technical Foundation Crypto Yapper’s analysis highlights a critical breakout from a consolidation pattern, with Polkadot successfully retesting its previous resistance levels, now acting as support. DOT has broken out of its consolidation pattern and is now experiencing a fantastic retest. According to Crypto Yapper, the prior resistance has changed to support, opening the door for higher pricing. This technical setup is often seen as a precursor to substantial price increases, suggesting that Polkadot is well-positioned for a bullish run. $DOT Perfect Retest ! 📈 After breaking bullish out of the consolidation pattern, we are now seeing a beautiful retest. The previous resistance is turned into support and #DOT can now aim for higher prices. I expect #Polkadot to be trading around the $10 soon ! pic.twitter.com/7VBewIyVNk — Crypto Yapper (@CryptoYapper) May 26, 2024 Further reinforcing this optimistic outlook is Polkadot’s position above the 200-day simple moving average (SMA), a key technical indicator used to assess the long-term trend of an asset. Trading above the 200-day SMA generally signifies a sustained uptrend, which bolsters investor confidence and supports predictions of continued growth. Impressive Metrics Polkadot’s impressive market performance is reflected in its significant trading volume and market capitalization. Over the past 24 hours, DOT has seen a trading volume of $454 million and boasts a market capitalization of $7.35 billion. These metrics underscore the cryptocurrency’s high liquidity, which is crucial for accommodating large trades without causing drastic price swings. Additionally, Polkadot’s price performance over the past year has been notably bullish, with a 35% increase. This upward trajectory is significant, particularly as the token trades above its token sale price, delivering substantial returns to early investors. Such performance metrics are likely to attract new buyers and long-term holders, further driving demand and price appreciation. Investor Sentiment: A Greedy Market The Fear & Greed Index, a popular tool used to gauge market sentiment in the cryptocurrency space, is currently displaying a score of 75 (Greed) for Polkadot. This high score indicates strong investor interest and confidence in DOT, suggesting that market participants are optimistic about its future prospects. High liquidity and positive market sentiment create a favorable environment for further price increases. Investors, both retail and institutional, are drawn to assets that demonstrate stability and potential for growth, and Polkadot’s current metrics position it as a promising investment opportunity. Related Reading: Floki Floats 22% On Marketing Blitz, Aims For ‘World’s Most Used Crypto’ Title Featured image from CBC, chart from TradingView
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In a social media post, Mark Karpelès, the former CEO of the now-defunct cryptocurrency exchange Mt. Gox, provided a status update on the recent situation. He assured followers that “everything is fine with MtGox” and revealed that the trustee is currently moving coins to a different wallet in preparation for a distribution that is expected […]
Hello fellow holders, I’m looking for a trusted, audited and open source ETH mobile wallet. I’ve read some things about MEW Wallet and have also read some negative things. What’s the safest mobile wallet which has been audited to hold ETH and other ERC20 tokens? submitted by /u/rtslol [link] [comments]
Government about to unload? submitted by /u/mattyhtown [link] [comments]
Coinbase is lagging behind HTX and Bitrue exchange, with around $2 billion in spot trading volumes.
BTC price action shows sensitivity to Mt. Gox events, leaving $69,000 unclaimed as new support — to the frustration of Bitcoin bulls.
