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BeFi Labs LBP sale is Live on FjordFoundry!
Curated by Bonsai, Fjord's #1 curator
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🔸 March 18th, 13:00 UTC Pool opens
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🔸 100% TGE unlock for LBP participants
🔸 10% of the total supply in the LBP round
🔸 72 hours duration or until sold out
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👉👉👉Official LBP Link 👈👈👈
🎧 Stay Connected with BeFi Labs 🎧
🌐 Website 💬 Discord
💬 Telegram ✖ Twitter
Curated by Bonsai, Fjord's #1 curator
👉👉👉 Official LBP Link 👈👈👈
₿RC20 and Ordinals Trading Terminal
Functional with favorite crypto wallets
⬇️ BeFi Labs Achievements ⬇️
🔥 ApeTerminal Record Breaking IDO🔥
🔸 $1.6B+ assets connected
🔸 200,000+ IDO applicants
🔸 Legendary oversubscription
🌍 Product Live On Mainnet 🌍
🔸 Top 10 web3 wallets integrated
🔸 Unique ZERO fees model
🔸 Lightning-fast transactions
🔸 Revenue-share architecture
🤝 Industry Leading Partners 🤝
Phantom, OKX Wallet, MagicEden, Unisat, Bitget Wallet, PAAL AI, BakerySwap, Beoble, Lends, Ordiswap, Bitstable, BitcoinCats, OrdiBank and more - ensuring BeFi users get the best in class trading experience.
⬇️ The BEFI token LBP sale ⬇️
🔸 March 18th, 13:00 UTC Pool opens
🔸 100% funds for liquidity & performance
🔸 100% TGE unlock for LBP participants
🔸 10% of the total supply in the LBP round
🔸 72 hours duration or until sold out
🔸 ERC20-USDT open participation
🧡 Anyone can join until pool sold out 🧡
👉👉👉Official LBP Link 👈👈👈
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FTX Creditors Submit Impact Statements Before Bankman-Fried’s Sentencing, Highlighting Devastating Consequences
🪙 The Department of Justice (DOJ) has filed dozens of victim impact statements in the criminal case against Sam Bankman-Fried ahead of his sentencing. In the filings, victims of FTX’s collapse expressed their anguish, claiming that the event robbed them of financial security, inflicted emotional distress, and eroded their trust in the financial system.
⚫️ The impact statements were provided by FTX creditors from various parts of the world, outlining their FTX holdings and detailing the profound impact of the exchange’s bankruptcy on their lives. One victim lamented their precarious financial situation, revealing that as a restitution claimant, they had experienced a complete loss of income for over a year.
⚫️ Numerous other respondents shared similar stories, disclosing that they were unemployed due to health issues and heavily relied on the funds they had stored in FTX. Many victims expressed their trust in FTX based on Bankman-Fried’s previous remarks about the exchange or their belief that U.S.-based crypto exchanges were regulated and considered safe.
💳 Some victims expressed dissatisfaction with the restitution process, highlighting that they would only be receiving 100% of the value of their assets as of November 2022, rather than the current value based on prevailing crypto prices.
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🚀 The Most Hyped P2E Game of the Last 72 Hours - Be the First to Know!
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🎉 72 Hours Success 🔥
Welcome to the latest in Blockchain Gaming:
Onmi® is setting records — in just few days, more than 200,000 pioneers have already leveled up, unlocking the ability to exchange for tokens. Before the big gaming season starts on the Onmi app, we're kicking things off with an exciting game on our website.
Here’s how it works:
- 💫 Hit 1000 points, and you're on your way.
- 🎁 Reach 1500 points, and snag an Onmi® bag – it’s like discovering a treasure chest in Onmi's world.
- 🪙 Advance to 2000 points? Watch tokens start filling your balance. How cool is that?
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4. Invite Friends: More friends mean more points (and tokens).
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FTX CEO Slams Attempt to Reduce SBF’s Sentence, Highlights Ongoing Suffering of Victims
🐩 John Ray III, the CEO and restructuring officer of FTX, has criticized an attempt made by Sam Bankman-Fried’s lawyers to reduce his sentence, emphasizing that the victims of the fraud “have suffered and continue to suffer.”
💬 On Wednesday, Ray penned a victim impact statement, addressing Judge Lewis Kaplan on behalf of FTX and its “millions of creditor victims.” The purpose was to rectify the “material misstatements and omissions” made in Bankman-Fried’s sentencing submission.
💬 The letter ostensibly came in response to Bankman-Fried’s lawyers arguing on Tuesday that the proposed 40-to-50-year sentence recommended by the U.S. government prosecutors was unduly severe. In the letter, Ray vehemently countered Bankman-Fried’s claims that FTX remained solvent during bankruptcy proceedings and that no money had been lost, labeling them as “categorically, callously, and demonstrably false.”
🎧 Ray stressed that the victims of Bankman-Fried’s actions would never be able to regain the economic position they would have been in had they not encountered his colossal fraud. He underscored the extensive efforts made by his team since assuming the role of CEO in November 2022, stating that they had diligently worked to salvage the company from a metaphorical “dumpster fire” and were now poised to return substantial value to creditors.
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Saudi Investors Barred from FTX’s Anthropic Stake Sale Over National Security Concerns
🇪🇭 AI startup Anthropic will not accept investments from Saudi Arabia in the sale process of 8% of its shares as part of FTX’s bankruptcy proceedings. Executives at Anthropic have cited these concerns as the reason for ruling out Saudi Arabian involvement, as reported by CNBC.
🟢 The proceeds from the stake sale will be used to repay FTX customers, and the transaction is expected to conclude within the next few weeks, according to insiders who have requested anonymity due to the confidential nature of the negotiations.
🟢 Sources reveal that the class B shares, which do not grant voting rights, are being sold based on Anthropic’s most recent valuation of $18.4 billion. In recent years, Anthropic has raised approximately $7 billion from tech giants such as Amazon, Alphabet, and Salesforce.
🎄 While founders Dario and Daniela Amodei retain the right to challenge potential investors, they are currently not involved in the fundraising process or discussions regarding FTX’s stake. The Amodei siblings were introduced to Bankman-Fried through the concept of “effective altruism,” which involves maximizing wealth for charitable causes.
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Singapore-Licensed DigiFT Introduces US Treasury Bill Depository Receipt Tokens
🇸🇬 DigiFT, a Singapore-based fintech company, has made a foray into the digital asset realm with the launch of the its US Treasury bill depository receipt (DR) tokens. The DR tokens offer investors fractional ownership in the underlying US Treasury bills, enabling investors to gain exposure to the traditionally secure US debt market without the need for substantial upfront capital, the firm said in a Monday press release.
🔴 Traditionally, investing in US Treasury bills has required significant financial resources. DigiFT’s DR tokens aim to dismantle this barrier by allowing investors to purchase fractional shares of these bills.
🔴 “DigiFT’s innovative DR structure addresses a pain point in the current RWA market, empowering investors with direct ownership of underlying assets and returns,” Henry Zhang, the founder and CEO of DigiFT, said. He further emphasized DigiFT’s commitment to expanding the range of traditional financial assets in the Web3 space through the DR model, which offers enhanced investor protection and transparency.
⚡️ One key aspect emphasized by DigiFT is compliance with regulations, providing investors with peace of mind, the company said. Traditional asset ownership often involves navigating complex legal and regulatory frameworks.
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$PRF Fair Sale is Live on the Parifi Website!
Parifi revolutionizes perpetual contracts with a dynamic pricing mechanism, utilizing liquidity curves, on-chain oracles, and advanced math models for stable and predictable market pricing.
Community Round 1: A Resounding Success!
- The LBP on @FjordFoundry sold out
- Raised $154.59K
- Welcomed 409 new $PRF holders
🚀 Mainnet Beta Launching This Month! 🚀
Notable Features:
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- No limit on positions
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🔥 $PRF soaring on BitMart, 131.58% above sale price: https://www.bitmart.com/trade/en-US?symbol=PRF_USDT
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- Ends On: March 26th at 6 PM UTC
- Token Price: $0.012
- Chain: Chain agnostic
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👉 Official Sale Page Link 👈
🔔 Stay Connected with Parifi 🔔
🌐 Website
💬 Discord
💬 Telegram
✖️ Twitter
Parifi revolutionizes perpetual contracts with a dynamic pricing mechanism, utilizing liquidity curves, on-chain oracles, and advanced math models for stable and predictable market pricing.
Community Round 1: A Resounding Success!
- The LBP on @FjordFoundry sold out
- Raised $154.59K
- Welcomed 409 new $PRF holders
🚀 Mainnet Beta Launching This Month! 🚀
Notable Features:
- Accurate pricing & dynamic fees
- No limit on positions
- Auto-compounding vaults
- Convenient social media logins
- Customizable parameters
🤝 Strategic Partnerships: Pyth Network, Router Protocol, Web3Auth, Tenderly, Exactly Protocol, Sablier, and Gelato.
🔥 $PRF soaring on BitMart, 131.58% above sale price: https://www.bitmart.com/trade/en-US?symbol=PRF_USDT
⬇️ $PRF Fair Sale Details ⬇️
- Ends On: March 26th at 6 PM UTC
- Token Price: $0.012
- Chain: Chain agnostic
- 8.6M+ tokens snapped up in just 24 hrs
⚡️ Don't Miss Out – Participate Now, No Matter Your Chain! ⚡️
👉 Official Sale Page Link 👈
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Waterfall is the most decentralized BlockDAG protocol currently available 🚀
🔑 Key Features:
📌 This decentralized platform has the potential to attract much more validators than other protocols.
📌 Minimal hardware requirements: Dual-Core CPU, 4GB RAM (your cellphone has 2-4 times more than that).
📌 High performance and scalability, thanks to parallelism in BlockDAG compared or even higher potentially that the most scalable currently popular protocols
📌 Compatible with EVM and Ethereum API.
The team includes senior people who were successfully building the ecosystem for Ethereum and those who were successfully competing against it:
Ron Resnick is the CEO of the company-developer of Waterfall, is also a former Executive Director of Enterprise Ethereum Alliance and a former Investment Director of Intel Capital.
Jeff McDonald is the Director at the Board of Directors for Swiss Association, is also a Former Co-Founder of Nem, which used to be in Top-5 and for a short time in Top-3 right after Ethereum.
The Chairman of Board of Swiss Association is Richard Wang, who is also General Partner at Draper Dragon Fund.
R&D team has been rigorously testing technology since 2021.
More than 350 Workers(block producers) on the TestNet are owned by the developers and future users of Waterfall.
On the first day after the new TestNet announcement, 115 Workers connected and more than 450 000 transactions were processed.
On January the 2nd more than 650 000 transactions was successfully processed.
Find out more details in their communities:
https://www.tg-me.com/waterfall_network
https://twitter.com/waterfall_dag
https://discord.gg/Nwb8aR2XvR
🔑 Key Features:
📌 This decentralized platform has the potential to attract much more validators than other protocols.
📌 Minimal hardware requirements: Dual-Core CPU, 4GB RAM (your cellphone has 2-4 times more than that).
📌 High performance and scalability, thanks to parallelism in BlockDAG compared or even higher potentially that the most scalable currently popular protocols
📌 Compatible with EVM and Ethereum API.
The team includes senior people who were successfully building the ecosystem for Ethereum and those who were successfully competing against it:
Ron Resnick is the CEO of the company-developer of Waterfall, is also a former Executive Director of Enterprise Ethereum Alliance and a former Investment Director of Intel Capital.
Jeff McDonald is the Director at the Board of Directors for Swiss Association, is also a Former Co-Founder of Nem, which used to be in Top-5 and for a short time in Top-3 right after Ethereum.
The Chairman of Board of Swiss Association is Richard Wang, who is also General Partner at Draper Dragon Fund.
R&D team has been rigorously testing technology since 2021.
More than 350 Workers(block producers) on the TestNet are owned by the developers and future users of Waterfall.
On the first day after the new TestNet announcement, 115 Workers connected and more than 450 000 transactions were processed.
On January the 2nd more than 650 000 transactions was successfully processed.
Find out more details in their communities:
https://www.tg-me.com/waterfall_network
https://twitter.com/waterfall_dag
https://discord.gg/Nwb8aR2XvR
Texas Crypto Mining Firm Giga Energy Expands Operations to Argentina
🇦🇷 Texas-based crypto mining firm Giga Energy has expanded its operations to Argentina following its expansion across the U.S. and into Shanghai, tapping into the gas flaring trend. Giga Energy has been building and operating in-house mining operations since 2019, with 150 megawatt containers deployed all over the world.
🔘 The crypto mining company has partnered with oil and gas company Phoenix Global Resources and with Exa Tech to launch a two megawatt Bitcoin mine on top of Vaca Muerta in Argentina. Gina Energy’s expansion plans were first reported by CNBC.
🔘 Texas Crypto Mining Firm Giga Energy Expands Operations to Argentina. Texas-based crypto mining firm Giga Energy has expanded its operations to Argentina following its expansion across the U.S. and into Shanghai, tapping into the gas flaring trend.
😊 “We are excited about the opportunities this new chapter will bring and look forward to making a positive impact in Argentina,” adds Whitehead.
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Bybit Launches Regulated Digital Asset Platform for Trading in the Netherlands
💳 Bybit, one of the world’s largest cryptocurrency exchanges by trading volumes, announced the launch of Bybit nl as a new regulated crypto and digital assets trading platform in the Netherlands. Bybit is expanding operations in Europe after facing regulatory scrutiny in Hong Kong. Its goal is to serve the Dutch while enhancing the user experience and embracing Web3 features.
⚫️ On March 28, Bybit announced the official launch of its digital asset platform, Bybit nl, in the Netherlands. This new local trading platform is regulated in the country and aims to provide Dutch users with access to cryptocurrency trading, educational resources and advanced trading tools, empowering them to trade with ease and efficiency.
💣 The launch of Bybit.nl is made possible through a collaboration with SATOS, one of the oldest Bitcoin-focused companies in the Netherlands. Through this partnership, Dutch Bybit users can deposit and withdraw fiat currency, trade over 300 cryptocurrency pairs, and enjoy enhanced security measures for their crypto assets.
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Tornado Cash Developer Challenges Charges, Files Motion to Dismiss with Legal Arguments
🔍 Roman Storm, co-founder of the cryptocurrency mixer Tornado Cash, has submitted a motion to dismiss all three charges against him, claiming that he did not operate a money laundering business and did not violate the International Emergency Economic Powers Act.
🟣 In a filing with the United States District Court for the Southern District of New York on March 29, Storm’s lawyers argued that he cannot be accused of conspiring to launder funds.
🟣 According to Storm’s legal team, Tornado Cash was developed, became immutable, and was publicly available before it was utilized by the hacking groups that were sanctioned by the U.S. Department of Treasury.
🔒 They assert that Storm had limited control over preventing a “sanctioned entity from using it” by the time the alleged misconduct occurred.
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Former Terraform Employee Admits Writing False Posts From Kwon Made Him ‘Angry’
✅ In a series of ongoing court trials linked to Terraform Labs’ fraud claims tied to the 2022 implosion of its TerraUSD stablecoin, one former employee testifies how working with Terraform was rife with pitfalls.
🔘 Brian Curran, former head of communications at Terraform, told a Manhattan federal jury on Monday that spearheading public relations for the company made him “angry.”
🔘 Curran tried to be “transparent” to users while doing PR for Terraform, however, the company asked him to write false posts. He further said that working with Do Kwon, the beleaguered founder of Terraform, was troublesome, a report from Law360 revealed.
😂 In May 2021, the Terraform’s UST stablecoin lost its dollar peg, raising concerns among the community. Curran testified he wrote on X, that the dollar de-peg “just needs time to recalibrate,” which he knew was false.
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Trading Bots in Asia React to ETF Flows Data After Market Closure, Leading to Pronounced Swings
🪙 Bitcoin investors in Asia are experiencing significant price swings as automated trading protocols react to flows data from US exchange-traded funds (ETFs) that hold the cryptocurrency.
🟡 The impact of these automated trading algorithms is particularly felt during Asian trading hours following the close of US share trading, when daily figures on the demand for spot-Bitcoin ETFs are released, according to a report from Bloomberg.
🟡 The recent market drop in Asia serves as a good example of the influence of these automated trading protocols. On Tuesday, Bitcoin experienced its worst decline in a month during the Asian morning, as investors reacted to the flows data indicating a withdrawal of funds from Bitcoin ETFs.
💲 Shiliang Tang, the president of the principal trading firm Arbelos Markets, told Bloomberg that trading bots can automatically analyze and react to this data, resulting in buying or selling actions. The automated response is believed to be a major contributing factor to the pronounced swings in the market.
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Crypto Market Maker GSR Wins Singapore’s Stringent License
🇲🇨 Singapore regulators have granted a Major Payment Institution (MPI) license to crypto market maker GSR Markets, establishing the company as among the initial recipients of such authorization within its sector.
🔴 Fueled by Bitcoin’s sustained strength and resurgent investor confidence, which have spurred a surge in trading activity, market makers like GSR are enjoying a period of resurgent profitability. GSR’s MPI follows its successful in-principle approval for the same license in October.
🔴 The awarding of an MPI license is contingent upon applicants fulfilling specific financial criteria. This includes upholding a minimum base capital level of $185,000 and submitting regular financial statements to the Monetary Authority of Singapore (MAS).
🚫 Furthermore, MPI license holders are subject to ongoing reporting obligations to MAS. These encompass notifying the authority of any material alterations to their business operations, along with any suspicious activities identified through Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) controls.
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