Features News Official TheBitTimes.com

The Bored Ape community was not very impressed by the Yuga Labs' reaction to the mishap, calling out their lack of basic health management at the event. Several attendees of Yuga Labs’ ApeFest event on Nov. 4 in Hong Kong reported eye-related issue s, including burns, damaged vision and “extreme pain” in their eyes. Yuga Labs’ official X account has now addressed the issue , claiming they are aware of the reports of potential eye-related issue s to many attendees and are investigating the cause behind them. I just opened up IG and Jasmine’s eye is swollen. Some Apes had an eye issue at ApeFest. Protect your eyes. Wash your hands. Be careful out there. pic.twitter.com/FNHF9hrDeg — PB Drip (@DripperPb) November 6, 2023 Yuga Labs claimed that less than 1% of the attendees have experienced eye-related symptoms, and most of the affected attendees are experiencing improvement in their conditions with the passage of time. Apes, we are aware of the eye-related issue s that affected ...

Ripple moved 60 million XRP ($30 million) on October 9, from the 200 million kept from this month’s 1 billion XRP token unlock. These tokens were then distributed and passed through five different accounts before being deposited in small batches to four exchanges indicating they were sold. Notably, during this possible sell-off from part of the freshly released XRP tokens , the price of the XRP/USD pair on Bitstamp — one of the exchanges that received 33.15 million out of the 60 million spent — suffered a massive dump from $0.50 to $0.458 (-8.5%), around the same time when everything happened. XRP/USD 4-hour price chart on Bitstamp. Source: TradingView Following the track of the 60 million XRP After the 1 billion XRP escrow on October 1, Ripple re-locked 800 million in new escrows, keeping 200 million tokens in the “Ripple (1)” account, ready to be circulating through XRP’s supply inflation mechanism. Finbold retrieved this data from XRP Scan on October 10. In this context, 60 ...

JPMorgan is reportedly developing the infrastructure to run a new deposit token, allowing settlements between banks for corporate clients. Financial giant JPMorgan is making another move into the crypto space with a new blockchain-based solution for cross-border transactions, reveals a report by Bloomberg. The system, however, won't be available until the bank receives the green light from regulators in the United States.  JPMorgan has reportedly developed most of the infrastructure to run the new deposit token , which will be first launched for corporate clients to speed up payments and settlements . Deposit tokens are issued on a blockchain by a deposit ory institution to represent a deposit position. The solution contrasts with stablecoins, which are usually issued by a non-bank private entity. The product is also different from its JPM Coin, which already allows corporate clients to transfer dollars and euros across the financial institution. The new deposit token , meanw...

Shiba Inu’s marketing strategist Lucie has offered instructions to help users reduce the risk of encountering phishing links and fraudulent schemes when using Shibarium. Lucie, Shiba Inu’s marketing specialist, has cautioned the public against potential exploit ation risks on Shibarium, the newly-released Ethereum layer-2 scaling protocol. According to a post by the executive on X (formerly Twitter), Shibarium is accessible for development by anyone, similar to other blockchains like Polygon and Ethereum. However, this openness also makes it vulnerable to potential attacks. Malicious entities could exploit the platform to target decentralized applications constructed on the layer-2 network or deploy fraudulent rug pull tokens. Users should exercise caution and remain vigilant, as some exploit ers might even utilize the Shibarium name in their scam project titles, Lucie highlighted. Similar to Polygon, Ethereum, and other blockchains, Shibarium is open for anyone to build on. Regret...

As the Web3 space continues to evolve, crypto exchanges are finding new ways to engage their users in their mission to success. The crypto industry is a constantly evolving sector. What may be the standard today can easily be very different tomorrow. Therefore, it is crucial for companies and platforms like crypto exchange s to stay on the cutting edge and implement new innovations. Community building is a vital element in running a successful business, irrespective of whether it offers crypto services or not. To cultivate communities based on shared interests, decentralized platforms and social tokens prove to be valuable tools. In addition, gamification and token-based rewards play a key role in motivating user involvement. A report by the Boston Consulting Group highlights the potential for Web3 technologies to create innovative loyalty programs that drive engagement and strengthen brand-consumer relationships. Engaging stakeholders Within the dynamic crypto industry, many projects...

This summary is not available. Please click here to view the post.

Lightning Labs have unveiled a new solution to the clunky process for minting new assets on the Bitcoin network. Bitcoin (BTC) users have been given a possibly more efficient way to mint new assets on the blockchain aft an updated edition of the recently- rebranded Taproot Assets Protocol was released by Lightning Labs. In a May 16 blog post, Lightning Network infrastructure firm Lighting Labs criticized the current methods by which assets are inscribed on the Bitcoin blockchain calling them “particularly efficient” and pointed to cumbersome protocols that write asset metadata “directly into block space.” Today we're excited to announce the newest version of Taproot Assets , a scalable protocol to issue assets on #bitcoin and Lightning. With this release, developers have the core set of Features to bitcoinize the dollar in a chain-efficient manner! ️https://t.co/7WmeDjNnM2 — Lightning Labs️ (@lightning) May 16, 2023 The Taproot Assets Protocol is designed to operate “maxi...

Five people have been charged in relation to alleged market manipulation of an Ethereum-based token called “Hydro.” A freshly unsealed indictment has charge d five individuals with “conspiring to manipulate the market” in relation to an alleged scheme involving the ERC-20 Hydro (HYDRO) token. An April 24 statement from the United States Department of Justice (DOJ) said the indictment charge d three people for conspiring to manipulate the market for Hydro. Two other individuals were separately charge d for their roles in the scheme . The DOJ alleges that from June 2018 through April 2019, Michael Ross Kane, the former CEO of Hydrogen Technology Corp., Shane Hampton, Hydrogen’s chief of financial engineering and George Wolvaardt defrauded market participants looking to trade the Hydro tokens Hydrogen issued. Five Individuals Charged in $2M Virtual Asset and Securities Manipulation Schemehttps://t.co/qLrHjkTKlY — Criminal Division (@DOJCrimDiv) April 24, 2023 According to the in...

Arbitrum, a leading Layer-2 scaling solution for Ethereum has announced the launch and airdrop of its native token, ARB. It’s official — there’s a new Layer-2 token on the block. Arbitrum, a leading contender in the field of Layer-2 scaling solutions for Ethereum (ETH) has recently unveiled the launch and airdrop of its native governance token, ARB. Since its launch in 2021, the network has become one of the largest projects without a token, fueling excitement and anticipation for its impending launch. ARB to drive Arbitrum governance Arbitrum is an Optimistic Rollup solution that shifts network operations away from the Ethereum mainnet while still maintaining Ethereum-level security. It runs on its own Blockchain and allows developers to deploy smart contracts that can process a higher number of transactions per second, thus lowering overall fees. According to the latest data from L2 Beat, Arbitrum currently dominates the L2 wars, holding 55% of the market share in terms of total val...