Blockchain

Arca Labs, the digital asset investment business Arca's innovation arm, has collaborated with blockchain tech startup Securitize to develop regulated, tokenized financial products.&nbsp;
According to a Sept. 23 statement, Securitize has agreed to offer the business a smart contract and issuance platform, beginning with Arca's tokenized fund named &ldquo;Arca U.S. Treasury Fund,&rdquo; which was established in July 2020.&nbsp;
Arca bills itself as the first government fund incorporated under the Investment Company Act of 1940 to issue shares as blockchain-based digital assets.&nbsp;
The fund is subject to the same regulatory standards as a mutual fund, but it differs in that it provides exposure using Ethereum-based digital asset security tokens known as "ArCoin."&nbsp;
According to Arca, the fund would generally &ldquo;invest a minimum of 80% of assets in US Treasury securities.&rdquo;&nbsp;
Securitize has taken over the fund's transfer agent function from&nbsp;TokenSoft, and will be responsible for managing regulatory compliance obligations such as investor verification, know your customer, and anti-money laundering rules, as well as onboarding customers and issuing&nbsp;ArCoin&nbsp;shares.&nbsp;
During&nbsp;the changeover, the fund's current outstanding balances were burnt and automatically reissued to each stakeholder using&nbsp;Securitize's&nbsp;new smart contract.&nbsp;
Furthermore ,&nbsp;jointly-offered tokenized financial products will be disclosed at a future date.&nbsp;

Arca Labs, the digital asset investment business Arca's innovation arm, has collaborated with blockchain tech startup Securitize to develop regulated, tokenized financial products.

Arca Labs collaborates with Securitize to develop certified, blockchain - enabled investment products.

Invesco Ltd., one of the major ETF producers in the United States, has announced a partnership with Michael Novogratz's Galaxy Digital Holdings, a merchant banking firm that focuses in the digital products and blockchain industries.&nbsp;
Invesco will use the partnership to develop market-leading crypto ETFs that have not yet gotten a regulatory pass and approval from the SEC.&nbsp;
Invesco has previously submitted an application to create a digital assets fund, which has received significant interest from both retail and institutional investors.&nbsp;
According to John Hoffman, the company's ETF business director, the cryptocurrency industry has yet to get significant investment from products like ETFs but has great potential for development. He also claimed that the business spent years researching the blockchain industry's evolution. He likened the cryptocurrency market to the early days of ETF creation in the late 1990s, and they are thrilled to focus on the cryptocurrency industry.&nbsp;
The Securities and Exchange Commission has been wary about the cryptocurrency sector and the exchange-traded funds (ETFs) that are linked to it. At the same time, the SEC's chairman, Gary Gensler, has indicated that the SEC is open to discussing ETFs based on crypto futures. Companies such as Invesco and ProShare have previously applied for comparable funds.&nbsp;
The company's goal is to enable clients to invest in digital assets as a technology rather than a speculative instrument. Hoffman believes that the crypto ETF market will follow in the footsteps of commodity-tracking funds due to their many similarities.&nbsp;

Invesco Ltd., one of the major ETF producers in the United States, has announced a partnership with Michael Novogratz's Galaxy Digital Holdings, a merchant banking firm that focuses in the digital products and blockchain industries.

Invesco Ltd. formed a joint venture with Novogratz's Galaxy Digital Holdings.

In collaboration with the renowned football coach and Mastercard global ambassador Jos&eacute; Mourinho, Mastercard will create its first non-fungible token (NFT). The digital asset will be given to a Mastercard cardholder who enters the United Kingdom sweepstakes at random.&nbsp;
Many businesses employ digital assets in their marketing strategies. The most prevalent use appears to be auctions of branded NFTs on blockchain-powered platforms. These appeal to a younger, more tech-savvy audience and demonstrate to customers that the companies are current and up to date with technology developments.&nbsp;
However, because auctions require a financial investment, these auctions are likely to attract mainly customers who are already familiar with blockchain or NFTs. The vast majority of a non-tech brand audience is unlikely to invest in the ownership of a branded NFT.&nbsp;
Mastercard's initiative demonstrates the usage of NFTs, which is expected to appeal to a broader audience. The digital asset is being utilized as a reward for having a Mastercard. Because only one NFT will be granted, there is still an element of exclusivity. However, because there is no additional financial investment, it encourages customers to participate.&nbsp;

In collaboration with the renowned football coach and Mastercard global ambassador José Mourinho, Mastercard will create its first non-fungible token (NFT). The digital asset will be given to a Mastercard cardholder who enters the United Kingdom sweepstakes at random.

One fortunate Mastercard cardholder will get a Mourinho NFT.

As China's Blockchain-based Service Network (BSN) continues to expand overseas, blockchain developers in Hong Kong and Macau may now access the portal of the BSN &ndash; a public-private countrywide infrastructure initiative to encourage mainstream use of blockchain technology.&nbsp;
In an interview with Forkast.News, Tim Bailey, vice president of global sales at Red Date Technology, the company China hired to manage its BSN, said that BSN International's portals in Hong Kong and Macau entered a soft launch stage on Sept. 1 and that an official launch event will likely take place in early October.&nbsp;
&ldquo;We're happy to say that we already have over 30 projects in development on the BSN site [in Hong Kong and Macau], even though we're still in the soft launch phase,&rdquo; Bailey added. &ldquo;It appears to have gotten a lot of attention and gotten developers involved.&rdquo;&nbsp;
In April 2020, the State Information Center, China Mobile, China UnionPay, and Red Date Technology announced the start of the BSN, a flagship project designed to consolidate China's leadership in blockchain technology. The four companies then formed the BSN Developers Alliance. The BSN was split into two ecosystems in July 2020: BSN China and BSN International.&nbsp;
According to Bailey, the BSN &mdash; dubbed China's "internet for blockchain" &mdash; has varied legislative needs depending on which nation it operates in, much as the Internet does. The BSN Developers Alliance governs BSN China, whereas the BSN Foundation, which includes several big global technology and financial services businesses, governs BSN International, he added. He said that further information about the BSN Foundation will be released in the near future.&nbsp;

As China's Blockchain-based Service Network (BSN) continues to expand overseas, blockchain developers in Hong Kong and Macau may now access the portal of the BSN – a public-private countrywide infrastructure initiative to encourage mainstream use of blockchain technology.

In Hong Kong and Macau, China's blockchain infrastructure initiative has gone live.

EY is integrating its blockchain solutions with Polygon to help its enterprise clients avoid the high fees and congestion associated with dealing on the Ethereum mainnet.&nbsp;
EY's key blockchain services, such as EY OpsChain and EY Blockchain Analyzer, will be linked with Polygon, allowing transactions to be committed to Ethereum via the sidechain, according to an announcement made on Monday.&nbsp;
Polygon will provide EY's enterprise clients with increased transaction throughput, consistent rates, and faster settlement times, according to EY.&nbsp;
In addition, the company said that it is collaborating with Polygon to provide permissioned, private optimistic rollup chains. When compared to transacting on the Ethereum mainnet, rollups are a second-layer scaling option that delivers enhanced security and efficiency. EY Global Blockchain Leader Paul Brody said:&nbsp;
To alleviate the scalability limits of Ethereum's mainnet, Ernst &amp; Young (EY), one of the "Big Four" consulting corporations, will connect its blockchain technologies to Polygon.&nbsp;
Sandeep Nailwal, a co-founder of Polygon, complimented EY for its dedication to the Ethereum ecosystem and open technological standards.&nbsp;
While EY has continued to improve its layer-two zero-knowledge proof protocol Nightfall, the business also assisted with the March 2020 launch of the open-source Baseline Protocol.&nbsp;
Due to the continually high fees associated with transacting on the mainnet, demand for Ethereum scaling solutions has risen in recent months. As a result, the Polygon network's total value locked (TVL) has risen from around $1 billion at the beginning of April to $8.5 billion today.&nbsp;

EY is integrating its blockchain solutions with Polygon to help its enterprise clients avoid the high fees and congestion associated with dealing on the Ethereum mainnet. 
EY's key blockchain services, such as EY OpsChain and EY Blockchain Analyzer, will be linked with Polygon, allowing transactions to be committed to Ethereum via the sidechain, according to an announcement made on Monday.

Polygon has been chosen by EY to help scale its corporate blockchain products on Ethereum.

After months of anticipation, Cardano, the world's largest proof-of-stake blockchain, has successfully introduced smart contracts.&nbsp;&nbsp;
The Alonzo upgrade was launched with great fanfare at 10:44 p.m. UTC.&nbsp;
IOG CEO Charles Hoskinson is ecstatic, requesting that&nbsp;Polymarket&nbsp;pay $50,000 to the charity of his choice.&nbsp;
A prediction market, according to&nbsp;U.Today, offered users to wager on whether Cardano would launch smart contracts by October.&nbsp;
Despite the fact that the odds were set against Hoskinson and his crew at first, the market has finally been resolved in their favor.&nbsp;
Despite the excitement around the blockchain's most important upgrade to date, the smart contract deployment turned out to be a "sell the news" event, with the ADA price plummeting more than 13%.&nbsp;

After months of anticipation, Cardano, the world's largest proof-of-stake blockchain, has successfully introduced smart contracts. The Alonzo upgrade was launched with great fanfare at 10:44 p.m. UTC.

Despite the launch of smart contracts, Cardano is down 13%.

The proprietor of the Dogecoin dev account "Doge Whisperer" reminded the community of the importance of the recent 1.14.4 Dogecoin upgrade, which was backed by Elon Musk, the world's most influential DOGE enthusiast and&nbsp;centibillioinare.&nbsp;
Musk tweeted on August 30 that the new Doge node update was critical, since it will make the network more secure and lead to cheaper transaction fees in the future.&nbsp;
According to Doge Whisperer's tweet, 763 nodes have completed the upgrade so far. The network, however, need many more new nodes, according to the tweet.&nbsp;

The proprietor of the Dogecoin dev account "Doge Whisperer" reminded the community of the importance of the recent 1.14.4 Dogecoin upgrade, which was backed by Elon Musk, the world's most influential DOGE enthusiast and centibillioinare.

Elon Musk's tweet has prompted 763 nodes to upgrade to Doge 1.14.4.

The Dash Masternode Hosting Division of NODE40 has been acquired by Zaimirai LLC, a startup blockchain services provider. The agreement allows Zaimirai to expand its blockchain hosting services by leveraging NODE40's market-proven infrastructure. It also allows NODE40 to concentrate on their blockchain accounting system, Balance.&nbsp;
Zaimirai becomes one of the top server-hosting providers for the Dash network as a result of this acquisition, providing incentivized nodes that pay out monthly payments.&nbsp;
Zaimirai co-founder Patrick Quinn says, "We founded Zaimirai to provide a range of valuable services to the blockchain marketplace." "I've known and worked with the NODE40 team for a long time, and I've also used their software and hosting services. The blockchain sector is still in its infancy and is continuously evolving. We're thrilled to be able to provide this fantastic hosting solution to our clients. We'll be able to respond rapidly to changes in the market and seize new opportunities."&nbsp;

The Dash Masternode Hosting Division of NODE40 has been acquired by Zaimirai LLC, a startup blockchain services provider. The agreement allows Zaimirai to expand its blockchain hosting services by leveraging NODE40's market-proven infrastructure. It also allows NODE40 to concentrate on their blockchain accounting system, Balance.

A blockchain business- Zaimirai has purchased hosting services NODE40

In the latest evidence of how major corporations are gravitating to cryptocurrencies, Mastercard has agreed to buy blockchain analytics start-up CipherTrace.&nbsp; &nbsp;&nbsp; The payments titan announced on Thursday that it had reached an agreement to purchase CipherTrace for an undisclosed sum. CipherTrace, based in Menlo Park, California, creates solutions to assist businesses and law enforcement in detecting illegal digital currency transactions. New York-based Chainalysis and London-based start-up Elliptic are among the company's competitors.&nbsp; &nbsp; In a statement, Ajay Bhalla, president of cyber and intelligence at Mastercard, said, "Digital assets have the potential to redefine commerce, from basic acts like paying and being paid to reshaping economies, making them more inclusive and efficient." &ldquo;As the digital asset ecosystem grows in size, it becomes more important to ensure that it is trustworthy and secure.&rdquo;&nbsp; &nbsp;&nbsp; The deal's financial specifics were not disclosed. In New York on Thursday morning, Mastercard shares were up approximately 0.6 percent.&nbsp; &nbsp; One of the major drawbacks of bitcoin and other cryptocurrencies is that the people who use them are anonymous. As a result, a lot of hackers and other criminals have turned to digital assets as a form of payment. The blockchain, on the other hand, is a public database of all digital currency transactions, and services like CipherTrace analyze fund movements to see whether they're suspicious.&nbsp; &nbsp;&nbsp; The agreement, according to Mastercard, will assist its customers in protecting themselves and complying with legislation as they begin to develop their own digital currency products. Some of the world's major banks and crypto exchanges use CipherTrace's platform, according to the company.&nbsp; &nbsp; The agreement is the latest indicator that major corporations are becoming more interested in the cryptocurrency sector. Mastercard said this year that it would expose its network to a limited number of cryptocurrencies, while Visa recently revealed that customers using its crypto-linked payment cards spent more than $1 billion in cryptocurrency.&nbsp;

In the latest evidence of how major corporations are gravitating to cryptocurrencies, Mastercard has agreed to buy blockchain analytics start-up CipherTrace.The payments titan announced on Thursday that it had reached an agreement to purchase CipherTrace for an undisclosed sum. CipherTrace, based in Menlo Park, California, creates solutions to assist businesses and law enforcement in detecting illegal digital currency transactions. New York-based Chainalysis and London-based start-up Elliptic are among the company's competitors.

Mastercard made a significant investment in cryptocurrency by purchasing a blockchain analytics start-up 'CipherTrace'

Caizcoin, the first Islamic cryptocurrency exchange established in Germany in 2018, recently underwent a major redesign of its official website, according to Bitcoin.com.
They have included new whitepaper and lightpaper to better communicate their ideas and vision to the world. Whitepaper is a technical manual and sales brochure released prior to the launch of cryptocurrency, whereas lightpaper is a technical manual and sales brochure released after the launch of cryptocurrency.
&nbsp;
Caiz is derived from the Arabic word &lsquo;Jaiz,' which means legal or permissible. It is the first platform to introduce Islamic principles into DeFi.
Caizcoin was created not only for Muslim investors, but for anyone who wants to invest and profit from it. It aims to combine the Islamic principles of focusing on ethical financing, community well-being, and customer satisfaction with advanced blockchain technology in a relatively new concept.
The Caizcoin platform includes a cash withdrawal facility that is available 24 hours a day, seven days a week, allowing facilitators to process transactions with ease and on time. Because there is no holding period, investors can freely trade and transact with it.
&nbsp;

Caizcoin, the first Islamic cryptocurrency exchange established in Germany in 2018, recently underwent a major redesign of its official website, according to Bitcoin.com.
They have included new whitepaper and lightpaper to better communicate their ideas and vision to the world. Whitepaper is a technical manual and sales brochure released prior to the launch of cryptocurrency, whereas lightpaper is a technical manual and sales brochure released after the launch of cryptocurrency.

Caiz is derived from the Arabic word ‘Jaiz,' which means legal or permissible. It is the first platform to introduce Islamic principles into DeFi.
Caizcoin was created not only for Muslim investors, but for anyone who wants to invest and profit from it. It aims to combine the Islamic principles of focusing on ethical financing, community well-being, and customer satisfaction with advanced blockchain technology in a relatively new concept.
The Caizcoin platform includes a cash withdrawal facility that is available 24 hours a day, seven days a week, allowing facilitators to process transactions with ease and on time. Because there is no holding period, investors can freely trade and transact with it.

caizcoin - first islamic crypto exchange reaches out globally

Crypto

ZKBox, a new Layer 2 marketplace for digital artifacts founded on zero-knowledge proof technology, will launch a luxury fashion line in the form of NFTs.&nbsp;
This collection's non-fungible tokens will be produced using ZKBox's resource-efficient and low-cost infrastructure. This campaign will be COACH and GQ Labs' first foray into the brisk NFT market.&nbsp;
GQLab is the COACH brand's long-term strategic partner. GQLab has hired marketing and public relations professionals from a variety of industries to create and curate content for TikTok, Bilibili, Weibo, and WeChat, as well as other Chinese and foreign social media platforms.&nbsp;
Every COACH client gets the opportunity to win a one-of-a-kind non-fungible token as part of a promotion launched by COACH, GQLab, and ZKBox. To be eligible for the airdrop, fans should post their ideas for matching and combining the proposed designs on Weibo, China's version of Twitter.&nbsp;
Six winners will be picked in total, with lucky NFT fans receiving limited ERC-20 (Ethereum-based) digital artifacts. To guarantee a smooth airdrop, ZKBox will offer thorough instructions on how to collect NFT incentives to all winners.&nbsp;
Hailan Jia, PR Director of ZKBox, emphasizes the necessity of collaboration for all players as well as the digital art area as a whole:&nbsp;
NFTs serve as an entry point for companies, people, and audiences that have not previously been involved in the blockchain and crypto world. There is a lot of room for experimentation and invention, which is attracting the attention of top players in a variety of industries. COACH and GGLab are both industry leaders in their own industries, so we're delighted to collaborate and offer these trends to the internet world.&nbsp;

ZKBox, a new Layer 2 marketplace for digital artifacts founded on zero-knowledge proof technology, will launch a luxury fashion line in the form of NFTs.

COACH will benefit from a fashion NFT auction hosted by ZKBox.

The Thorg software, which lets people to mine Ethereum on Windows-based Desktops and laptops, was launched by the decentralized computing resource sharing platform.&nbsp;
The software operates in the background, utilizing unused processing power to do the computations necessary for proof-of-work mining. However, users are paid with Golem's native GLM currency rather than Ethereum.&nbsp;
The system is powered by the layer-two aggregator Polygon, which eliminates the high transaction costs associated with the ERC-20 GLM coin. It generates "shares," which are batch computing jobs that are gathered and used to mine Ethereum.&nbsp;
Piotr Janiuk, CEO of Golem, stated that Thorg was created to boost Golem Network adoption by allowing users to generate passive money on their own computers.&nbsp;
The program requires the Windows 10 operating system and a graphics card of 6 Gigabytes or higher, which is only found in high-end gaming laptops.&nbsp;
Those who believe that mining at home is a good opportunity to make a fortune should reconsider. According to review websites, a 6GB graphics card will yield a hash rate of about 26 MH/s. Based on these observations, and using a typical desktop PC power usage of about 600 watts as an example, earnings from mining Ethereum on a PC might produce around $0.06 per day, or require more than a week to gain $1, according to mining calculators.&nbsp;

The Golem Network has released an application that enables anyone to mine Ethereum on their computers, but it may be a lot longer before the rewards are realized.The Thorg software, which lets people to mine Ethereum on Windows-based Desktops and laptops, was launched by the decentralized computing resource sharing platform.

The Golem Network has released an application that enables anyone to mine Ethereum on their computers, but it may be a lot longer before the rewards are realized.

Ripple is making headlines today after announcing a collaboration with Bhutan's central bank, the Royal Monetary Authority (RMA), for a trial project using central bank digital currency (CBDC).&nbsp;
This breakthrough was applauded by Yangchen&nbsp;Tshogyel, Deputy Governor of the RMA, who stated,&nbsp;
&ldquo;Our partnership with Ripple demonstrates CBDCs' ability to provide an alternate and sustainable digital payment mechanism in Bhutan.&rdquo;&nbsp;
According to the blockchain startup located in San Francisco, this will be a perfect match for Bhutan to improve cross-border digital payments and boost its financial inclusion efforts.&nbsp;
Ripple's CBDC Private Ledger will be used in the study. Ripple went on to say,&nbsp;
&ldquo;Ripple's CBDC solution uses a private version of the public, open-source XRP Ledger, guaranteeing more control over issuance, management, privacy, and validation &mdash; even more so than a public blockchain.&rdquo;&nbsp;
Bhutan is now pursuing a sustainable payment solution and aspires to be the world's only carbon-negative country.&nbsp;
Ripple has frequently stated that their CBDC solution is carbon-neutral, and that its consensus system uses 120,000 times less energy than proof-of-work blockchains. This might be what drew Bhutan's attention.&nbsp;
The program also contributes to the Himalayan country's objective of increasing financial inclusion by 85 percent by 2023. In reality, figures show that around 67 percent of the 5.15 lakh adult Bhutanese over the age of 18 have a bank account in a legitimate financial institution.&nbsp;
As a result, the partnership falls within the wider effort of the country's Financial Inclusion National Action Plan (FINAP) 2019-2023.&nbsp;

Ripple is making headlines today after announcing a collaboration with Bhutan's central bank, the Royal Monetary Authority (RMA), for a trial project using central bank digital currency (CBDC).

Bhutan collaborates with Ripple on a CBDC pilot project.

Elon Musk, CEO of Tesla, stated that cryptocurrency Dogecoin costs would need to reduce in order for it to be more extensively used in retail sales. "It's critical for Doge fees to fall in order for things like buying cinema tickets to be viable," Elon Musk tweeted.&nbsp;
Musk was responding to Dogecoin inventor&nbsp;Shibetoshi&nbsp;Nakamoto, who is no longer involved with the project. &ldquo;With Robinhood introducing wallets and AMC CEO not just talking about taking Dogecoin but also claiming it was the most engaged with tweet he has ever posted, the crypto industry is finally seeing some green. "I've got to say...," Nakamoto had tweeted.&nbsp;
Following the news that AMC Entertainment Holdings Inc. will take Bitcoin, Bitcoin Cash, Litecoin, and Ether as payment methods, CEO Adam Aron created a Twitter poll to ask the crypto community if his firm should also accept the popular meme cryptocurrency dogecoin (DOGE).&nbsp;
&ldquo;I really want to hear your thoughts through this Twitter poll. AMC will accept Bitcoin,&nbsp;Etherum, Litecoin, and Bitcoin Cash for online payments before the end of 2021. Many people on my Twitter feed have suggested that we take Dogecoin as well. Do you believe AMC should consider adopting Dogecoin?" In a tweet, Adam Aron stated.&nbsp;
&nbsp;
The AMC CEO tweeted in response to Musk's like of his tweet&nbsp;&ldquo;I never thought I would see this day.@ElonMusk&nbsp;liked my Dogecoin Twitter Poll tweet. If you happen to see this tweet too Mr. Musk, congratulations on Tesla and SpaceX. I have strived to be an innovator my entire career, but you sir&nbsp;are&nbsp;the epitome of innovation above all others,".&nbsp;
According to the survey findings, 68 percent of the 140,388 voters answered, "Yes, for sure do it." A further 9% approved the adoption of dogecoin as a payment method but stated that they "would not use it." ""Make use of it." Only 23% of the population "assist in saying "no" to the firm accepting DOGE&nbsp;
The CEO of AMC was blown away by the results and excitement of the dogecoin community.&nbsp;
&ldquo;SO INTERESTING! Dogecoin Poll was by far my most popular tweet. In 24 hours, I received 4.2 million views, the most retweets I've ever received, and the most replies I've ever received. 140,000 ballots Yes, 77% of the time, and no, 23% of the time. It's obvious that you believe AMC should accept Dogecoin. Now we&nbsp;mustA&nbsp;figure out how to do so. Keep an eye out!" AMC Entertainment's CEO tweeted.&nbsp;

Elon Musk, CEO of Tesla, stated that cryptocurrency Dogecoin costs would need to reduce in order for it to be more extensively used in retail sales. "It's critical for Doge fees to fall in order for things like buying cinema tickets to be viable," Elon Musk tweeted.

Elon Musk believes it is extremely necessary for Dogecoin fees to fall.

Tiger Woods has teamed up with NFT platform Autograph to create a digital collection that will be offered only on DraftKings Marketplace.&nbsp;
"I'm happy to be a part of the new age of collecting," Woods said in a statement. "Autograph's team is at the forefront of digital collectibles and increasing the fan experience around NFTs, and I'm glad to be a part of the new era of collecting." "It will allow me to become closer to my fan base, and I'm excited to see that all fans have the option to join."&nbsp;
The Premier edition NFT collection, which will include hundreds of Tiger's digital treasures, will go on sale on Tuesday at 3 p.m. Eastern Time. A 2nd Signed edition, with fewer than 300 total digital collectibles in its lot, will be available on Sept. 28 at 3 p.m. Eastern Time. Queues will begin at 2:30 p.m. Eastern Time for each sale.&nbsp;
Woods is the most recent sports figure to join the NFT frenzy. Tom Brady, Wayne Gretzky, Tony Hawk, Derek Jeter, Naomi Osaka, and Simone Biles are among the other sports luminaries included in Autograph's Preseason Access Collection.

Tiger Woods has teamed up with NFT platform Autograph to create a digital collection that will be offered only on DraftKings Marketplace.

Tiger Woods has collaborated with NFT platform Autograph.

Waggle Network, a cross-chain protocol that enables post-IDO token liquidity, has secured a $3 million seed round led by GBV, SVC, Genesis Block Capital, Basics Capital, Bixin Ventures, NGC, AU21, Gate.io laboratories, MEXC, HG Ventures, and Spark Digital.&nbsp;
It also announced the inclusion of strategic partners including Solanium, Occam, and Poolz.finance to assist promote the company's multichain strategy, as well as media partners like Minted Labs, ODaily, CryptoTimes, Bitcoin Addict, and Bigcoin Vietnam. Waggle unlocks the ability to access into thousands of portfolio projects and deep industry experience from top Web3 investors and builders with each investor and partner.&nbsp;
Waggle's founding team has extensive expertise in DeFi as well as first-hand knowledge of some of the key pain areas that motivated Waggle's invention. Traditionally, projects have few options for raising financing following their IDO. Most projects will obtain financing through OTC transactions with institutional partners, which may result in less-than-favorable sales conditions due to the illiquidity of such transactions.&nbsp;
According to a spokesperson from VC firm AU21, "as the crypto market flourishes and technical innovation within the sector reaches new heights, we believe it is crucial for locked and limited tokens to be valued in public marketplaces." The Waggle Network provides much-needed liquidity to assets owned by project teams while keeping prospective investors up to date on project quality.&rdquo;&nbsp;
Waggle will soon provide additional information about forthcoming challenges, airdrops, IDOs, and liquidity mining initiatives geared to give the firm with a solid go-to-market launch.&nbsp;

Waggle Network, a cross-chain protocol that enables post-IDO token liquidity, has secured a $3 million seed round led by GBV, SVC, Genesis Block Capital, Basics Capital, Bixin Ventures, NGC, AU21, Gate.io laboratories, MEXC, HG Ventures, and Spark Digital.

$3 Million Raised by  Waggle Network in Seed Capital  to Build Multi-Chain Marketplace for Strategic Token Sales

The US Treasury Department sanctioned the&nbsp;Suex&nbsp;cryptocurrency exchange on September 21 for its suspected participation in a ransomware attack.The penalties are the result of the exchange's suspected participation in laundering hack ransoms, according to US officials. This is the first significant punishment imposed on a digital currency exchange.&nbsp;
According to the Treasury, ransomware assaults totaled more than $400 million in 2020 alone, more than four times the amount in the previous year. In such assaults, hackers frequently disable access to key applications in exchange for cryptocurrency, such as bitcoin.&nbsp;
According to the department's allegations,&nbsp;Suex&nbsp;"facilitated transactions involving illegal gains from at least eight ransomware versions." It further stated that over 40% of the exchange's transaction history is associated with "illicit actors."&nbsp;
Suex's&nbsp;commercial interactions with US firms will be more difficult as a result of the new restrictions. The majority of the time, US residents are barred from transacting with sanctioned businesses. According to the Treasury advice, anybody doing business with such an organization may face fines.&nbsp;
Following massive cyberattacks in the previous year, US legislators established a new rule. It compels government contractors and critical infrastructure firms to report intrusions in exchange for legal protection.&nbsp;

The US Treasury Department sanctioned the Suex cryptocurrency exchange on September 21 for its suspected participation in a ransomware attack.

Suex cryptocurrency exchange is sanctioned by the US government for its involvement in ransomware laundering.

Following confirmation that AMC would begin accepting Bitcoin, Ethereum, Bitcoin Cash, and Litecoin for online payment, the company&rsquo;s CEO has asked the Dogecoin community if AMC should add the meme coin among the cryptocurrency options.&nbsp;
On Tuesday (September 21st, 2021), Adam Aron, CEO of the world's largest movie theater chain AMC Entertainment, launched a Twitter vote to determine if the firm should accept DOGE payment. The survey, which closes on September 22nd, has received a large number of replies, with the majority of respondents requesting that AMC add the meme cryptocurrency.&nbsp;
According to Aron, the Twitter survey occurred in response to requests from members of the Dogecoin online community to include DOGE in the list of cryptocurrency alternatives.&nbsp;
Prior to this new move, AMC's CEO stated that the movie theater chain will accept Ethereum, Bitcoin Cash, and Litecoin by the end of 2021. This follows Aron's earlier announcement during&nbsp;an earnings&nbsp;call in August that consumers will be able to pay for movie tickets and snacks online using bitcoin before the end of the year.&nbsp;
The poll has received 110,000 votes so far, with 70% reacting&nbsp;favourably&nbsp;to the notion of DOGE payment, while 8% approve but say they would not use the meme coin for payment. Meanwhile, 22 percent of voters were opposed to the move.&nbsp;

Following confirmation that AMC would begin accepting Bitcoin, Ethereum, Bitcoin Cash, and Litecoin for online payment, the company’s CEO has asked the Dogecoin community if AMC should add the meme coin among the cryptocurrency options

Dogecoin Could Be Introduced as a Payment Option at AMC Entertainment

The imminent collapse of one of the world's largest corporations, Chinese property developer Evergrande, has thrown global markets into a tailspin in recent days, which is now being felt in the cryptocurrency markets as well. In its 30-year existence, the company has expanded immensely to become a Fortune 500 corporation, but as Andrew Sullivan, creator and writer for Asianmarketsense.com, informed Forkast.News, it has struggled to refinance its debt along the way.&nbsp;
Crypto investors and industry observers are keeping a close eye on the probable collapse of Chinese real estate behemoth Evergrande.&nbsp;
According to CoinMarketCap.com, investors awoke this morning in Asia to find the crypto market down across the board, with just stablecoins staying constant. Though they have begun to recover slightly, all other tokens in the top 10 were down at least 9% in the previous 24 hours at press time, including Bitcoin, Ethereum, and Cardano &ndash; the latter losing so much ground that it has slipped from third place, which it had held for several months.&nbsp;
ADA, the native token of the Cardano network, has dropped more than 30% since its all-time high of US$3.09 earlier this month in anticipation of the highly anticipated Alonzo update, and was trading at US$2.06 at press time.&nbsp;
Bit the sight of so much red may worry some investors, industry observers believe that there are important worldwide happenings whose effect is currently seeping into the crypto market, so it may be wise to wait tight for a while.&nbsp;

The imminent collapse of one of the world's largest corporations, Chinese property developer Evergrande, has thrown global markets into a tailspin in recent days, which is now being felt in the cryptocurrency markets as well. In its 30-year existence, the company has expanded immensely to become a Fortune 500 corporation, but as Andrew Sullivan, creator and writer for Asianmarketsense.com, informed Forkast.News, it has struggled to refinance its debt along the way.

The uncertainty surrounding Evergrande is causing havoc in the cryptocurrency market.

New restrictions are due to take effect in South Korea this week, potentially forcing dozens of cryptocurrency exchanges to halt trading services if they do not fulfill regulatory standards.&nbsp;
South Korea's new legislation is due to take effect this week, and dozens of cryptocurrency exchanges are expected to cease operations as a result.&nbsp;
The country's financial officials announced the new regulatory framework earlier this year, setting a deadline for crypto exchanges to take the necessary steps. This week alone, almost 60 exchanges are expected to cease operations.&nbsp;
These exchanges must register with the Financial Intelligence Unit by September 24 in order to begin services. Failure to do so will result in the exchange being completely shut down. For the time being, exchanges must notify clients that trading services will be suspended in part or whole by midnight on September 24.&nbsp;
Upbit, Bithumb, Coinone, and Korbit are the four exchanges that have fulfilled the necessary registration and bank agreements. Forty exchanges have stated that they would comply with the requirement, while an additional 28 have not yet acquired the necessary bank relationships.&nbsp;
KYC/AML compliance is one of the major elements driving this new legislation. South Korean authorities have been insistent that exchanges develop improved systems in this regard, which has since disrupted exchange operations. The country is one among those making the greatest efforts to control the market.&nbsp;

New restrictions are due to take effect in South Korea this week, potentially forcing dozens of cryptocurrency exchanges to halt trading services if they do not fulfill regulatory standards. South Korea's new legislation is due to take effect this week, and dozens of cryptocurrency exchanges are expected to cease operations as a result.