BLOCKCHAIN

Starknet token distribution not yet finalized, despite speculation over portal screenshots

[ad_1] The Starknet Foundation has moved quickly to quash speculation around screenshots of early iterations of a distribution portal for the upcoming launch of its native SRTK ecosystem token.Information shared with Cointelegraph ahead of an announcement on X (formerly Twitter) outlined that the Foundation is still developing plans to distribute the token to certain users, contributors, and investors. The Ethereum layer 2 scaling network previously outlined initial plans for the
BLOCKCHAIN

United Nations agency to upskill thousands of staff in blockchain tech

[ad_1] A United Nations agency tasked with helping countries eliminate poverty is set to upskill its 22,000 staff in blockchain technology, with the ultimate goal of helping countries achieve “sustainable development” growth. According to a Nov. 30 statement, the United Nations Development Programme (UNDP) has partnered with the Algorand Foundation to launch a blockchain academy in 2024. The academy will serve the UNDP's 22,000 staff members across 170 countries, educating them
BLOCKCHAIN

IOTA makes 40%+ move after $100M ecosystem foundation announcement

[ad_1] IOTA, an open-source distributed ledger and cryptocurrency focused on the Internet of Things (IOT), saw its native IOTA token rally 43% on Nov. 29 after announcing the creation of the Iota Ecosystem DLT Foundation and its registration in Abu Dhabi, the capital of the United Arab Emirates. This makes IOTA the first DLT foundation to be regulated by the Abu Dhabi Global Market (ADGM).According to a press release from
BLOCKCHAIN

Capital flight from Binance subsidies: Report

[ad_1] It appears that withdrawals from crypto exchange Binance have largely subsided after its $4.3 billion settlement with the U.S. Department of Justice last week. Data from blockchain analytics firm Nansen shows that Binance witnessed a net inflow of $87.4 million in Ethereum token deposits in the past seven days. Meanwhile, the net withdrawal of multi-chain tokens, which includes Ethereum, BNB Chain, Avalanche, and Polygon tokens, totaled $59.2 million during the
BLOCKCHAIN

Rarible’s RARI Foundation taps Arbitrum for royalty-embedded EVM chain

[ad_1] The RARI Foundation, the nonprofit arm of the Rarible ecosystem, officially released a testnet for an EVM-equivalent blockchain called “RARI Chain,” with royalties embedded into its nodes. In an announcement sent to Cointelegraph, the RARI foundation said the RARI Chain will be a nonfungible token (NFT) infrastructure solution built on Arbitrum. With royalties embedded on the node level, the RARI foundation said that creators will have the tools they need
BLOCKCHAIN

US regulators doing ‘good job of alienating’ crypto sector — Cardano founder

[ad_1] The United States’ approach to cryptocurrencies could do more harm than good and they risk losing major players by the time they “get their act together,” Cardano founder Charles Hoskinson has said.“When you look at some of the U.S. regulators, in particular, they’ve done a really good job of alienating most of the industry. They aren’t clear at all,” Hoskinson told Cointelegraph on the sidelines of the recent Abu
BLOCKCHAIN

KyberSwap hacker demands complete control over Kyber company

[ad_1] The hacker behind the $46 million KyberSwap exploit has finally released their conditions for the return of the stolen funds, which includes “complete executive control” over the Kyber company. On Nov. 30, the KyberSwap hacker sent an on-chain message addressing all relevant and interested parties. The hacker laid out demands, including control over the company, temporary full authority and ownership of its governance mechanism, the KyberDAO, all documents related to
BLOCKCHAIN

Hong Kong Securities Association suggests ICO to boost island’s economy

[ad_1] The suggestion that Hong Kong could make an “Initial Coin Offering” (ICO) appeared in a list of propositions formulated by the Hong Kong Securities and Futures Association to revitalize Hong Kong's economy. The document, signed by association president Chen Zhihua, was published on Nov. 29 and included various measures, ranging from routine to bold. The suggestions include the legal recognition of Islamic finance, and inviting stakeholders from the Islamic
BLOCKCHAIN

Can Sony and Microsoft bring blockchain to gaming consoles?

[ad_1] Sony and Microsoft, two of the biggest names in gaming, have been making significant moves towards blockchain technology in recent years. This is an important development, as it has the potential to not only revolutionize the gaming industry but it could be the Trojan horse that makes blockchain a mainstream possibility.Sony has filed a patent for a system allowing players to transfer digital assets between PlayStation titles using blockchain
BLOCKCHAIN

Square Enix auction dates, Azuki DAO rebrands to Bean: Nifty Newsletter

[ad_1] In this week’s newsletter, read about footballer Cristiano Ronaldo facing a lawsuit after promoting nonfungible tokens (NFTs) tied to crypto exchange Binance, and find out how an NFT collector thwarted a hacking attempt by a person impersonating a journalist. In other news, Azuki DAO is rebranding to Bean, game developer Square Enix announces an NFT collection, and one user claimed tokens worth $11 million in the recent Blur airdrop. Cristiano