Lischkapelle

• Radix Tokens (Jersey) has raised $10 million in funding, giving the Radix platform a 400 million dollar valuation.
• The funding was led by DWF Labs and other unnamed blockchain venture capitalists and angel investors.
• Over 50 projects are being developed on the Radix platform, including dApps for wallets, borrowing, lending, gaming and NFTs.

Radix Tokens Secures $10 Million in Private Fundraising Round

Radix Tokens (Jersey) has secured $10 million in new funds as part of a private capital round that was headed by DWF Labs. This investment gives the Radix platform a 400 million dollar valuation and strengthens its efforts to develop its high throughput DeFi ecosystem. In addition to DWF Labs, unnamed blockchain venture capitalists and angel investors have also contributed to this fundraising round.

DWF Labs Leads Funding Round

DWF Labs is an international leader in market making and multi-stage web3 investing with branches across Hong Kong, South Korea, British Virgin Islands, Singapore, Switzerland and United Arab Emirates. The primary investor for this round is DWF Labs who will be focused on developing the coming Radix ecosystem with their expertise and capital at the launch of the coming Radix mainnet – Babylon. “We are thrilled to lead the $10 million funding round for Radix Tokens (Jersey) and support their vision of building out a high throughput DeFi ecosystem,” said Andrei Grachev – Managing Partner of DWF Labs during his announcement regarding the fund raising round.

Radix Projects Under Development

Currently more than 50 projects are actively being developed on Radix which includes dApps for wallets, borrowing, lending gaming and Non Fungible Tokens (NFT). The platform also has grants program which provides financing along with mentoring from experts from within the team to 6 chosen teams.

Reaction from Director of Radix Tokens (Jersey)

After acquiring additional funds Andy Jarrett – Director of Radix tokens( Jersey) expressed “It is fantastic to have the DWF labs team focused on coming radis ecosystem” he further added “and lend their expertise and capital to launch coming radis mainnet Babylon”

Conclusion

By successfully securing 10 million dollars in private funds ,radis token has strengthened its efforts towards development of its high trough put defi ecosystem which will fuel more than 50 projects currently under development on radis platforms such as wallets ,borrowing ,lending ,gaming &nfts . reaction from director after acquiring additional funds shows how important it is for them to have dwf labs team involved .

• Dell Technologies is a leader in IT, which has adapted to the blockchain revolution.
• FunFair uses blockchain as an alternative payment method for its online casino platform.
• Other successful companies such as IBM and Microsoft are also utilizing blockchain technology in their operations.

Dell Technologies: Rock Around the Blockchain

Dell Technologies is a leading tech company providing solutions from hardware to software. They have embraced the blockchain revolution and created an interest group to research challenges businesses face while implementing blockchain applications in their operations. Fellow Stever Todd’s paper “Rock Around The Blockchain” explains a part of this research, while his interview briefly covers it all. Years ago, DELL already started accepting Bitcoin payments as one of the few big firms daring enough to do so at that time.

FunFair – Alternative Payment Method

FunFair uses blockchain as an alternative payment method for its online casino platform with different games powered by Ethereum smart contracts and Fate Channels. This setup allows players to make wagers without having to wait for transactions to be mined. FunFair puts emphasis on security, and not only holds licenses from multiple jurisdictions but also offers customers encrypted wallets which cannot be accessed by anyone except them.

IBM & Microsoft Embracing Blockchain Technology

IBM has been heavily involved in developing enterprise-grade solutions for industries such as healthcare or banking that use permissioned blockchains like Hyperledger Fabric or Ethereum Enterprise Alliance (EEA). Microsoft Azure offers developers tools and infrastructure they need when building decentralized applications (dApps) on top of the public Ethereum network or other networks like Quorum or Corda R3 Consortium. Additionally, Microsoft has recently announced that it will offer its own cryptocurrency platform called Azure Blockchain Tokens (ABT).

Other Companies Using Blockchain

Other big names such as Foxconn Technology Group, Amazon Web Services, Oracle Corporation are also using blockchain technology in some form or another either internally or through partnerships with companies such as ConsenSys Solutions LLC., Chainlink Network and Blockstream Corporation who provide tailored services for them focusing mainly on enterprise applications of distributed ledger technology (DLT).

Conclusion

Blockchain technology is here to stay and more companies are bound to join the ranks over time. Businesses should keep themselves informed about what’s going on in terms of development so that they can decide if it makes sense for them to invest resources into creating products using this revolutionary technology or partnering with existing providers that can provide tailored solutions designed specifically for them.

Overview

• The lawsuit between Ripple and SEC is the showstopper from December 2020 when it was filed.
• The case is conducted in the Federal Court of New York, Manhattan.
• This legal battle will have an upper hand in setting up the history of the crypto market.

When Did It All Begin?

Ripple company started selling its native token XRP in 2013. In 2021, SEC accused Ripple Labs, Christian Larsen, Ripple co-founder and Bradley Garlinghouse, Ripple CEO of privately selling XRP illegally without any prior or fair notice and sought to ban them from further selling tokens in the crypto world.

Security or a Commodity?

SEC believes that an asset is categorized to be a security if it fulfills all the four criteria of Howey’s test- obtaining by investing money, available on a common enterprise or platform, render reasonable profit and influence by third party effort. However, Ripple Lab argued that XRP is not a security asset and hence doesn’t need to be registered under the SEC as they are ready to prove XRP as a fully decentralized commodity.

Defendant’s Response

Ripple Lab responded to SEC’s allegations by acknowledging XRP as digital currency and requested them to cancel the lawsuit against them. They claim that XRP doesn’t fall under any person or corporation’s shadow and demanded for no registration under SEC regulations.

Conclusion

The verdict on this case awaits with curiosity as it has been over 6 months since then without reaching any resolution yet. The winner of this court battle will determine how future transactions involving cryptocurrency would be regulated in terms of securities law .

• An Indian official’s Twitter account was recently hacked in order to promote a fraudulent XRP airdrop from Ripple.
• The hack is believed to have happened within the last 12 hours, and dozens of tweets have been published in support of the scam.
• This is not the first time an official’s account has been targeted by hackers for similar scams, as the accounts of French and Omani officials have also been compromised in such ways.

Indian Government Official’s Twitter Account Hacked

An Indian government official’s Twitter account was recently hacked with the intention of promoting a phoney XRP airdrop from Ripple Labs. The hack occurred within the last 12 hours, and it led to dozens of tweets being published in support of the fraud.

Similar Hacks Reported Earlier

This is not the first time an official’s account has been targeted by hackers for similar scams. In early February, another official’s account was hacked in France with a similar purpose, while India’s embassy in Oman has also faced such breaches before. These incidents indicate that authorities do not provide enough attention to authentication and security protocols when managing their accounts, leaving them vulnerable to intrusion.

Similar Posts Flooding Social Media

The posts agree that XRP cryptocurrency is “ready to huge PUMP,” and they are identical throughout social media platforms. Furthermore, some replies praising the fraudsters have been seen on these posts as well; given that they are similarly identical across all accounts involved, it is probable that those accounts were either hacked or created specifically for this purpose.

Attention To Security & Authentication

It is essential that authorities pay more attention to authentication and security protocols when managing their accounts so as to avoid facing such intrusions again in future. Moreover, users should also be cautious of any suspicious activities online regarding cryptocurrency investments or any other financial activity so as not to become victims of such fraudulent activities themselves.

Conclusion

In conclusion, this recent hacking incident serves as yet another reminder for both authorities and users to pay attention to security protocols when managing their accounts online; otherwise they may face intrusions from malicious actors who aim at exploiting their data for personal gain or spread false information about cryptocurrency investments such as XRP airdrops from Ripple Labs .

• Bakkt Holdings, Inc. announced that it will participate in four upcoming investor forums in March.
• These include: KBW Fintech & Payments Conference, Water Tower Research fireside chat, Wolfe Research FinTech Forum and Barclays Crypto and Blockchain Summit.
• These events will feature panel discussions and one-on-one investor meetings hosted by Bakkt’s executives.

Bakkt to Participate in Four Upcoming Investor Forums

Bakkt Holdings, Inc., a company building technology that connects commerce, has announced today that it will be participating in four upcoming investor forums throughout the month of March. The forums are aimed at giving investors an insight into the company’s activities and plans for the future.

KBW Fintech & Payments Conference

The first event on Bakkt’s agenda is the KBW Fintech & Payments Conference on March 1st. The conference will include a crypto panel discussion led by Dan O’Prey, Chief Product Officer of Bitcoin & Crypto at Bakkt. This panel discussion begins at 4:25 PM ET.

Water Tower Research Fireside Chat

On March 14th, Bakkt will also appear at the Water Tower Research fireside chat. Chief Financial Officer Karen Alexander is set to participate in this chat beginning at 1:00 PM ET. A live audio webcast of this event can be accessed from the Investor Relations section of the company’s website (www.bakkt.com).

Wolfe Research FinTech Forum

The Wolfe Research FinTech Forum on March 15th features President and Chief Executive Officer Gavin Michael and Chief Financial Officer Karen Alexander as they both participate in a crypto panel discussion starting at 4:00 PM ET. Again, interested parties can listen to a live audio webcast via www.bakkt.com following the event’s conclusion for a limited time only afterwards..

Barclays Crypto and Blockchain Summit

Finally, President and Chief Executive Officer Gavin Michael and Chief Financial Officer Karen Alexander will host one-on-one investor meetings during the Barclays Crypto and Blockchain Summit on March 29th – 30th 2023 .

In summary, Bakkt Holdings has announced its participation in four upcoming investor forums throughout March 2021; these include KBW Fintech & Payments Conference, Water Tower Research Fireside Chat, Wolfe Research FinTech Forum and Barclays Crypto & Blockchain Summit which feature panel discussions with executive members from Bakkts team . Investors interested in accessing any material related to these events can find them through www.bakkt/com or their social media accounts @Bakt on Twitter/ LinkedIn

• Fantom Whale Addresses have been identified to be selling off their holdings, causing concern for investors and a potential pullback in prices.
• Crypto analytics firm Santiment released a report which highlighted these patterns of whale addresses selling large amounts of tokens.
• Investors should remain vigilant and aware of any risks associated with this activity in order to protect their investments.

Overview

Fantom, the Layer-1 blockchain network has seen success as an alternative to Ethereum, making headlines in recent months due to its surge of 200% in January 2023. However, recent on-chain data has revealed that large whale addresses are dumping tokens, raising alarm with investors who fear a bearish sentiment resulting in a price pullback.

Whale Addresses Dumping FTM Tokens

Large whale addresses holding between 10K and 100M FTM have sold off $259.7M worth of coins over the last 4 weeks, according to crypto analytics firm Santiment’s report. These tokens were acquired by smaller holders containing 0.01 to 1 FTM each. This suggests that whales are taking profits from the recent price rally, leading to speculation of a bearish market sentiment if enough investors follow suit and sell their holdings as well.

FTM Price Predictions

At the time of writing, FTM is trading at around $0.52 – 15% up from its starting price with another notable breakout taking place on 14th February 2023. It is unclear whether or not this dumping will result in an overall decrease in prices or if the current bullish trend will continue for some time yet; however it is important for investors to remain vigilant and aware of potential risks associated with these activities so as to protect their investments accordingly.

Conclusion

The actions taken by whales can often have an effect on prices; therefore it is important for traders and investors alike to remain informed and aware of any potential risks associated with whale activity such as token dumping so as to protect their investments accordingly. Keeping up-to-date with news related to cryptocurrency markets can help keep investors ahead of any sudden changes that may occur due to such activities.

• WEMIX PLAY is hosting a WEMIX airdrop event until February 28th to celebrate the global launch of its MMORPG, MIR M: Vanguard and Vagabond.
• Users who meet certain requirements can receive 1 WEMIX each.
• MIR M is also part of an Inter-game Economy that includes the economy of MIR4, the world’s most successful blockchain game.

Wemade Hosts WEMIX Airdrop Event

WEMIX PLAY, the number 1 blockchain gaming platform by Wemade, is hosting a WEMIX airdrop event until February 28th to celebrate the global launch of its MMORPG, MIR M: Vanguard and Vagabond.

Requirements to Receive Airdrop

WEMIX PLAY will be giving away 1 WEMIX each to 1 million users who meet the following requirements: Connect game account to PLAY Wallet, reach character level 25, and have a log-in record within one week from the event end date. If the number of participants exceeds 1 million, winners will be selected based on the order of reaching character level 25 first. Winners and more information will be announced later.

MIR M Features

MIR M is a K-MMORPG featuring martial arts that launched on January 31st. It recreated Wemade’s most popular IP, The Legend of Mir 2, to fit current game trends, and applied blockchain technology to create tokenomics based on the game token DRONE and Governance token DOGMA.

Inter-Game Economy

MIR M is also part of an Inter-game Economy that includes the economy of MIR4, the world’s most successful blockchain game. Users of games in this Inter-game Economy can reinvest the game tokens they have obtained in each game into other games, thus creating a virtuous cycle.

More Information

Please visit the official website (https://mirmglobal.com) for more information on the airdrop event in celebration of

Overview of Blockchain Technology in Healthcare

• The report highlights the efforts of several stakeholders engaged in this rapidly emerging segment of the pharmaceutical industry and answers many key questions related to this domain.
• Blockchain technology has the potential to revolutionize the healthcare sector by providing a faster solution for tracking and authenticating medical shipments / drugs across the supply chain.
• Pharmaceutical companies such as Amgen, Novartis, Pfizer and Sanofi are using blockchain platforms including public blockchain, private blockchain, and consortium blockchain for different drug development applications (DDA).

Future Potential of Blockchain in Healthcare

Blockchain technology has emerged as a viable option to store / exchange data within the healthcare industry. It provides a faster solution for tracking and authenticating medical shipments/drugs across the supply chain and during logistics operations, in addition to compiling longitudinal patient records such as disease registries, laboratory results, and treatment related data records.

Pharmaceutical Companies Using Blockchain

Examples of some of the pharmaceutical companies using blockchain include (in alphabetic order) Amgen, Novartis, Pfizer and Sanofi. These companies are leveraging various types of blockchain platforms including public blockchain, private blockchain, and consortium blockchain for different drug development applications (DDA), such as drug discovery, intellectual property management, electronic health record management, vaccine distribution etc.

Current Market Landscape

More than 50 blockchain providers offer their proprietary platforms for these applications to various industries including healthcare, pharmaceuticals & government organizations. The use of blockchain has been increasing over recent years due to its ability to provide secure data storage & exchange solutions which boosts adoption amongst stakeholders involved in drug discovery & clinical trials.

Key Value Drivers

The popularity of blockchain technology has grown invariably in recent years due to its potential benefits such as secure data storage & exchange solutions which boosts adoption amongst stakeholders involved in drug discovery & clinical trial activities. This technology is being used extensively across different DDA’s such as drug discovery process , electronic health record management , vaccine distribution , clinical trial management etc .

• A new measure has been proposed in the New York State Senate to allow the use of certain cryptocurrencies as a legitimate means of payment for state entities.
• The bill was proposed by Democrat Assembly member Clyde Vanel and would allow for the acceptance of cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
• Senator Wendy Rogers of Arizona has also proposed a measure that would legalize Bitcoin and other cryptocurrencies statewide to facilitate people’s ability to pay taxes, rent, and penalties in cryptocurrency.

The New York State Senate has proposed a new measure that would allow the use of certain cryptocurrencies as a legitimate means of payment for state entities. The bill was proposed by Democrat Assembly member Clyde Vanel, who has a reputation as a crypto-friendly politician. Under this proposed legislation, state agencies would be free to sign agreements with people to offer acceptance of cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.

The goal of this proposed measure is to help facilitate the use of crypto payments in state entities. If passed, it would mean that state-issued fines, taxes, and other levies could be paid for in cryptocurrency. Cryptocurrency is defined as any kind of digital money in which encryption methods are employed to govern the production of units of currency and verify the movement of funds, functioning autonomously from a central bank.

In addition to this proposed measure in New York, Senator Wendy Rogers of Arizona has also proposed a measure that would legalize Bitcoin and other cryptocurrencies statewide. This measure would enable people to pay taxes, rent, and penalties in cryptocurrency. This would be beneficial for those who are looking for easier and more secure ways to make payments.

If this proposed measure in New York is passed, it would be a massive boost for the cryptocurrency sector. It would be a positive step forward in terms of increasing the use of cryptocurrency and helping people to understand the benefits of using digital money. It could also open up the possibility of more states around the country accepting cryptocurrency as a legitimate form of payment.

• FTX identified a $415 million hack as part of the $5.5 billion worth of digital assets for recovery.
• The new CEO, John Ray III, stated that extensive investigative efforts from the team were needed for this revelation.
• FTX is also attempting to claw back a $2.1 billion Binance repurchase payment in addition to the $415 million ‘hack’ sum.

FTX, the once second-largest crypto exchange in the world, has now identified a $415 million crypto hack as part of the $5.5 billion worth of digital assets for recovery. This astonishing revelation came as a result of extensive investigative efforts from the FTX team.

John Ray III, the new FTX CEO, made a statement on Tuesday regarding this investigation, noting that “We are making important progress in our efforts to maximize recoveries, and it has taken a Herculean investigative effort from our team to uncover this preliminary information.” The statement also detailed that the exchange had recovered $1.7 billion in cash and $3.5 billion in liquid crypto, in addition to the $300 million in liquid securities.

In addition to the $415 million hack that FTX is trying to recover, the bankrupt company is also attempting to claw back a $2.1 billion Binance repurchase payment. This payment was made just a few days before FTX went through bankruptcy proceedings in November of 2020.

The recovery process has been a long and arduous one, as there have been numerous legal, financial, and technical challenges that the FTX team has had to overcome. The team has worked diligently to uncover the hack and recover the funds, but it is still unclear how much of the stolen money will be recovered.

FTX is still in the process of completing its bankruptcy proceedings, but the exchange is hopeful that it will be able to recover the stolen funds and begin to rebuild its platform. For now, FTX is focusing on getting back to business and restoring its platform in order to regain its former glory. With the help of its dedicated team and its loyal customers, FTX has the potential to be one of the top crypto exchanges in the world once again.