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Weekly News

Read more about the article Ocean Nodes Incentive Program delayed for back-end improvements

Ocean Nodes Incentive Program delayed for back-end improvements

  • Post author:
  • Post published:August 23, 2024
  • Post category:Weekly overview

Ocean Protocol has rescheduled the launch of its Nodes Incentive Program to Aug. 29,  complete backend updates and enhancements. The Ocean Protocol (Ocean), a decentralized data exchange protocol, has postponed…

Continue ReadingOcean Nodes Incentive Program delayed for back-end improvements
Read more about the article Franklin Templeton expands blockchain fund to Avalanche network

Franklin Templeton expands blockchain fund to Avalanche network

  • Post author:
  • Post published:August 23, 2024
  • Post category:Weekly overview

Franklin Templeton has expanded its pioneering blockchain-integrated money market fund to Avalanche, broadening institutional investor access to digital finance. Franklin Templeton, a global asset management firm, has expanded its Franklin…

Continue ReadingFranklin Templeton expands blockchain fund to Avalanche network
Read more about the article Nearly 80% of hacked cryptocurrencies never recover in price — Immunefi

Nearly 80% of hacked cryptocurrencies never recover in price — Immunefi

  • Post author:
  • Post published:August 23, 2024
  • Post category:Weekly overview

Crypto protocols usually sustain real damage after the exploit occurs, but some tokens are more resilient. The majority of hacked cryptocurrencies are unable to recover from the exploit in terms…

Continue ReadingNearly 80% of hacked cryptocurrencies never recover in price — Immunefi

India’s crypto future hinges on gov’t consultation paper

  • Post author:
  • Post published:August 23, 2024
  • Post category:Weekly overview

India’s Department of Economic Affairs’ consultation paper is expected to be a watershed moment for crypto regulation in the country, potentially setting the stage for future legislation. India’s cryptocurrency landscape…

Continue ReadingIndia’s crypto future hinges on gov’t consultation paper
Read more about the article Hong Kong targets noncompliant crypto exchanges in licensing push

Hong Kong targets noncompliant crypto exchanges in licensing push

  • Post author:
  • Post published:August 23, 2024
  • Post category:Weekly overview

Hong Kong’s SFC finds deficiencies in some “deemed-to-be-licensed” crypto exchanges, risking their licensing status amid tightened regulations. A Hong Kong regulator has expressed dissatisfaction with ongoing inspections of cryptocurrency exchanges…

Continue ReadingHong Kong targets noncompliant crypto exchanges in licensing push
Read more about the article FTX says creditors supported reorganization plan with 95% vote

FTX says creditors supported reorganization plan with 95% vote

  • Post author:
  • Post published:August 23, 2024
  • Post category:Weekly overview

FTX chief restructuring officer and CEO John Ray III said the plan promises 100% return plus interest for non-governmental creditors. Bankrupt crypto trading platform FTX claims its amended reorganization plan…

Continue ReadingFTX says creditors supported reorganization plan with 95% vote
Read more about the article Former TON Foundation execs establish new community initiative

Former TON Foundation execs establish new community initiative

  • Post author:
  • Post published:August 23, 2024
  • Post category:Weekly overview

The newly launched TON Society will manage events and channels for The Open Network, driving community participation and decentralized governance. Update Aug. 22, 02:07 pm UTC: This article has been…

Continue ReadingFormer TON Foundation execs establish new community initiative
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