Ace Exchange founder David Pan was accused of fraud and money laundering for $10.7 million. The Taiwanese authorities have accused Pan and six other individuals of money laundering and fraud. These alleged offenses are said to have resulted in financial damages exceeding 340 million New Taiwan Dollars, which is approximately $10.7 million in current value. … Read more
The testnet for tokenizing real-world assets and bridging the gap between traditional and decentralized finance markets is now live on MANTRA’s Hongbai platform. MANTRA takes a step forward with the testnet launch, as we begin using RWA tokenization on a secure, standalone blockchain. The company announced on its Medium page that they will be allowing … Read more
P2P.org, a platform for multi-chain stakeholders and validators, introduced a new business solution called “Staking-as-a-Service” tailored for institutional investors. In a recent announcement, the startup revealed that its total value locked in their platform has exceeded $7.4 billion, with over one million Ethereum (ETH) staked on P2P.org alone. The company is now expanding its offerings … Read more
Sapien, a data labeling firm, secured $5 million in a seed financing event. This investment will speed up the growth of their data labeling business. Investors participating in this round were Primitive Ventures, Animoca, Ravikant Capital, and Yield Guild Games. Sapien intends to invest capital to enhance its AI technology for better assistance in data … Read more
The move-to-earn project STEPN’s airdrop announcement caused a price drop to its native token, GMT. Based on information from CoinMarketCap, the current price of Green Metaverse Token is $0.29, marking a 6.5% decrease in value over the previous 24 hours. Simultaneously, there has been a significant surge in GMT trading volume, reaching $124.5 million – … Read more