Can EOS deliver a killer social DApp?

Can EOS deliver a killer social DApp?

Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind, written by Andrew Levine of Koinos Group. In my first article in this series, I explained why Ethereum and Steem haven’t been able to deliver a mainstream social decentralized application (DApp),…

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ZFinances Redefines Trading with Next-Gen Platform

ZFinances Redefines Trading with Next-Gen Platform

Alternate titles;  ZFinances Introduces Unified Trading Platform Offering Diverse Markets for Modern Traders ZFinances Launches Multi-Market Platform Designed for Next-Generation Trading Strategies Dubai, UAE – August 8, 2024 – ZFinances, a financial technology company, has announced details about its platform, which integrates crypto and forex trading under one interface. Designed to offer users diverse market…

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Invest Early in Mallconomy: The Future of Retail is Here

Invest Early in Mallconomy: The Future of Retail is Here

E-commerce—more specifically, online shopping—is the undisputed future of retail. Meanwhile, in the Web3 arena, one project that just announced the start of its initial coin offering (ICO) is taking the future of retail into the virtual realm: Mallconomy. The Web3 online shopping platform featuring elements of AI, metaverse, and blockchain technology is going live with…

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The Fahrenheit Consortium, composed of Arrington Capital, a venture capital firm, and US Bitcoin Corporation, a miner, has successfully acquired Celsius Network's assets through a court-sanctioned auction process. The consortium has received assets worth around $2 billion from Celsius, consisting of their institutional portfolio of loans, staked crypto assets, mining units, and various alternative investments. https://twitter.com/CelsiusNetwork/status/1661807582099505190?t=X-nq5KM0tN8Xd83LQIIhkg&s=19 About the Celsius Acquisition As per legal records, the acquisition of Celsius Network, which had gone bankrupt, has been won by The Fahrenheit Consortium. After being acquired by the Fahrenheit Consortium, Celsius Network is set to be managed by a new entity called NewCo, which will be owned by its creditors. The group, consisting of Arrington Capital and US Bitcoin Corp, will provide the financing, management team, and technology needed to create and operate NewCo. https://twitter.com/CelsiansNetwork/status/1661741113160630272?t=7lGZ3olS6iTGVPvPObF7Cg&s=19 In addition, Celcius has disclosed that they have also secured a secondary proposal from the Blockchain Recovery Investment Consortium (BRIC) which will act as a backup plan and be implemented if needed. NovaWulf, the competing bidder, was unsuccessful in securing the purchase. Significance of this Acquisition After the crypto market crash, Celsius declared bankruptcy in July. Despite this setback, the company had previously secured $1.2 billion through a token sale in 2018 and had a valuation of $3.1 billion during a funding round in April 2021. Luckily, the Fahrenheit Consortium has taken over Celsius, which is anticipated to furnish the required resources for the company's ongoing operation and service expansion. The consortium has committed to investing as much as $500 million in Celsius's assets, which will supply the essential capital for the company's business development. It is also anticipated that BRIC will establish a mining corporation that will be publicly traded, granting Celsius creditors full proprietorship of the equity concerns. Moreover, there is a possibility of a management contract with GlobalXDigital. Celsius aims to discuss and present several crucial papers in the following weeks, subject to endorsement from the bankruptcy court.

Fahrenheit Consortium Emerges Victorious in Auction for Celsius’s Assets

The Fahrenheit Consortium, composed of Arrington Capital, a venture capital firm, and US Bitcoin Corporation, a miner, has successfully acquired Celsius Network’s assets through a court-sanctioned auction process. The consortium has received assets worth around $2 billion from Celsius, consisting of their institutional portfolio of loans, staked crypto assets, mining units, and various alternative investments….

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Binance Smart Chain (BSC)  Bridge Provider Security Breached,   but Polker (PKR) is Strongly Resistant

Binance Smart Chain (BSC) Bridge Provider Security Breached, but Polker (PKR) is Strongly Resistant

  Binance Smart Chain (BSC)  Bridge Provider Security Breached, but Polker (PKR) is Strongly Resistant Failure by the bridge provider, Poly-Network to close ETH-BSC bridge at launch time leads to massive dump of PKR tokens. NEW YORK, US, July 1, 2021 – Polker, an online blockchain game, fell victim to a security breach during their launch…

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