Sentenced to 25 years prison: Sam Bankman-Fried the Wunderkind of cryptocurrencies
The Bitcoin News
by Bitcoin News
3h ago
FTX co-founder and crypto wunderkind Sam Bankman-Fried has been sentenced to 25 years in federal prison and ordered to repay more than $11 billion for his conviction on fraud and money laundering charges, a Manhattan court ruled Thursday. Bankman-Fried, 32, faced a maximum sentence of more than 100 years for the seven crimes he was convicted of in November by a New York jury. These include several… This content is for members only. Visit the site and log in/register to read ..read more
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Big Time Generates over $100M in Revenue since Preseason
The Bitcoin News
by chainwire
17h ago
Austin, United States, March 28th, 2024, Chainwire Innovative game developer Big Time Studios announces that its highly anticipated free-to-play multiplayer action/MMO RPG Big Time, has generated $100M in revenue. According to the team, players transacted a total volume of over $230M, without selling a single token. “Success in Web3 gaming hinges on creating compelling experiences with a player-focused economy at its core,” said Ari Meilich, CEO of Big Time Studios Big Time combines the intense combat and dynamic gameplay of action RPGs like Diablo with the vast, explorative realms of MMOs li ..read more
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DeFi Saver integrates Safe to bring account abstraction to DeFi
The Bitcoin News
by chainwire
1d ago
Delaware, USA, March 28th, 2024, Chainwire In a move to greatly improve the user experience of DeFi users in the Ethereum ecosystem, DeFi Saver integrated native support for Safe smart accounts and multisigs. DeFi Saver, one of the leading apps for creating, tracking, and managing DeFi positions on Ethereum just announced they’ve integrated account abstraction leader Safe, to take the experience of DeFi users to the next level. This comes on the back of Safe’s recently announced milestone of more than $100 billion in digital assets secured on Safe smart accounts, with more than 40 million tra ..read more
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DED Trends on Twitter After Memecoin Snapshot Announcement
The Bitcoin News
by chainwire
1d ago
Lisbon, Portugal, March 28th, 2024, Chainwire Polkadot-backed community coin #DED, made it to the trending charts on X, demonstrating community’s engagement and interest behind the memecoin.  The project has sparked a new-found excitement in the Polkadot ecosystem, seeing over 20,000 await their airdrop in the $DED telegram channel. With the token’s snapshot debuting early last week, the team hopes $DED signifies a second coming for the Polkadot ecosystem and fresh liquidity. With partnerships and support from top projects on the network such as Talisman Wallet, Nova wallet, SubWallet a ..read more
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XCAD Announces Multiple Governments’ Backing for New Initiative to Expand Web3 Education
The Bitcoin News
by chainwire
1d ago
UAE, UAE, March 27th, 2024, Chainwire XCAD Network – a tokenisation platform for YouTubers to connect and reward their viewers with crypto tokens – today announced it has signed MOUs (Memorandum of Understanding) with multiple governments to expand incentivised Web3 education to millions of people across the globe. By securing the support of several governments, XCAD aims to bridge the gap between Web2 and Web3, and enable more people to partake in the Web3 Space. XCAD Network has announced the first government agreement, which is with Pakistan. Under this partnership, XCAD will distribute an ..read more
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Sui and Revolut Launch Global Partnership to Accelerate Blockchain Education and Adoption
The Bitcoin News
by chainwire
1d ago
Grand Cayman, Cayman Islands, March 27th, 2024, Chainwire Sui, the Layer 1 blockchain that offers industry-leading performance and infinite scaling, proudly announced a landmark collaboration with Revolut, a leading global fintech with over 40 million customers worldwide. The strategic partnership will bolster awareness and adoption of blockchain technology among Revolut’s expansive user base while opening new avenues for Sui’s growth, particularly across Europe. Revolut’s Learn program will serve as an invaluable tool for Sui to educate a relatively untapped global audience of future crypto ..read more
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MyShell Raises $11 Million for its Decentralized AI Consumer Layer
The Bitcoin News
by chainwire
1d ago
Tokyo, Japan, March 27th, 2024, Chainwire Funds from the Pre-Series A round led by Dragonfly will further develop MyShell’s open-source models and agent platform for empowering AI creators MyShell, a decentralized AI consumer layer, announced today that it has raised US$11 million in a Pre-Series A round, with participation from a cohort of high-profile investors, including Dragonfly, Delphi Ventures, Bankless Ventures, Maven11 Capital, Nascent, Nomad Capital, OKX Ventures, etc.  Prominent angel investors, such as former Coinbase CTO Balaji Srinivasan, NEAR Protocol Co-Founder Illia Polo ..read more
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Zircuit Launches Build to Earn Program to Reward Ecosystem Contributors
The Bitcoin News
by chainwire
1d ago
George Town, Grand Cayman, March 27th, 2024, Chainwire Zircuit, a fully EVM-compatible ZK rollup with parallelized circuits and AI-enabled security, today launched its Build to Earn program to incentivize builders, founders, and community members who contribute to the Zircuit ecosystem. Backed by Pantera Capital, Dragonfly Capital, and Maelstrom, Zircuit currently has over $800M staked. Zircuit is a playground for new applications and open experimentation, and projects that launch on Zircuit will benefit from higher security guarantees and protection from hacks through its groundbreaking AI-e ..read more
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Ceτi AI Announces Partnership Innovation Fund to Accelerate Innovation in Decentralized AI
The Bitcoin News
by chainwire
2d ago
Vancouver, Canada, March 27th, 2024, Chainwire In a significant move to fuel the growth of decentralized artificial intelligence, ceτi AI is proud to announce the establishment of the ceτi AI Partnership Innovation Fund with an initial allocation of $500k USD. This strategic fund is designed to catalyze innovation by forging partnerships with emerging projects at the intersection of AI and blockchain technology. Overview ceτi AI, a leader in decentralized AI infrastructure, is initiating this fund to support projects that align with its mission of democratizing access to advanced AI technolog ..read more
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OPZ Launches AI-Powered Wallet on iOS/Android and Raises $200K+ Within Hours
The Bitcoin News
by chainwire
2d ago
Singapore, Singapore, March 27th, 2024, Chainwire OPZ Token ($OPZ) is an all-in-one solution that combines a wallet on iOS & Android, decentralized exchange, advanced AI trading, and NFC technology. It provides 1,000,000,000 tokens for traders. Using ERC-20, this token employs powerful AI trading technology to handle users’ trades. Traders buy and hold the tokens, AI system then takes over, trading continuously on 10,000+ cryptocurrencies, such as Bitcoin, Ethereum, and Binance Coin. OPZ-AI: AI Analysis OPZ Token uses blockchain technology and sophisticated Artificial Intelligence (A ..read more
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