Bitcoin News

Sentenced to 25 years jail: Sam Bankman-Fried the Wunderkind of cryptocurrencies

[ad_1] AdvertismentFTX co-founder and crypto wunderkind Sam Bankman-Fried has been sentenced to 25 years in federal jail and ordered to repay greater than $11 billion for his conviction on fraud and cash laundering prices, a Manhattan court docket dominated Thursday. Bankman-Fried, 32, confronted a most sentence of greater than 100 years for the seven crimes he was convicted of in November by a New York jury. These embody a number of… TheBitcoinNews.com – Bitcoin Information supply since June 2011 – Digital foreign
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Large Time Generates over $100M in Income since Preseason

[ad_1] AdvertismentAustin, United States, March twenty eighth, 2024, Chainwire Modern sport developer Big Time Studios proclaims that its extremely anticipated free-to-play multiplayer motion/MMO RPG Large Time, has generated $100M in income. Based on the group, gamers transacted a complete quantity of over $230M, with out promoting a single token. “Success in Web3 gaming hinges on creating compelling experiences with a player-focused financial system at its core,” stated Ari Meilich, CEO
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DeFi Saver integrates Secure to deliver account abstraction to DeFi

[ad_1] AdvertismentDelaware, USA, March twenty eighth, 2024, Chainwire In a transfer to drastically enhance the consumer expertise of DeFi customers within the Ethereum ecosystem, DeFi Saver built-in native help for Secure sensible accounts and multisigs. DeFi Saver, one of many main apps for creating, monitoring, and managing DeFi positions on Ethereum simply introduced they’ve built-in account abstraction chief Safe, to take the expertise of DeFi customers to the following stage.
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DED Developments on Twitter After Memecoin Snapshot Announcement

[ad_1] AdvertismentLisbon, Portugal, March twenty eighth, 2024, Chainwire Polkadot-backed group coin #DED, made it to the trending charts on X, demonstrating group’s engagement and curiosity behind the memecoin.  The venture has sparked a new-found pleasure within the Polkadot ecosystem, seeing over 20,000 await their airdrop within the $DED telegram channel. With the token’s snapshot debuting early final week, the crew hopes $DED signifies a second coming for the Polkadot ecosystem
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MyShell Raises $11 Million for its Decentralized AI Client Layer

[ad_1] AdvertismentTokyo, Japan, March twenty seventh, 2024, Chainwire Funds from the Pre-Sequence A spherical led by Dragonfly will additional develop MyShell’s open-source fashions and agent platform for empowering AI creators MyShell, a decentralized AI shopper layer, introduced in the present day that it has raised US$11 million in a Pre-Sequence A spherical, with participation from a cohort of high-profile buyers, together with Dragonfly, Delphi Ventures, Bankless Ventures, Maven11 Capital, Nascent,
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Zircuit Launches Construct to Earn Program to Reward Ecosystem Contributors

[ad_1] AdvertismentGeorge City, Grand Cayman, March twenty seventh, 2024, Chainwire Zircuit, a totally EVM-compatible ZK rollup with parallelized circuits and AI-enabled safety, at this time launched its Construct to Earn program to incentivize builders, founders, and neighborhood members who contribute to the Zircuit ecosystem. Backed by Pantera Capital, Dragonfly Capital, and Maelstrom, Zircuit at the moment has over $800M staked. Zircuit is a playground for brand spanking new purposes and
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XCAD Broadcasts A number of Governments’ Backing for New Initiative to Increase Web3 Training

[ad_1] AdvertismentUAE, UAE, March twenty seventh, 2024, Chainwire XCAD Community – a tokenisation platform for YouTubers to attach and reward their viewers with crypto tokens – immediately introduced it has signed MOUs (Memorandum of Understanding) with a number of governments to broaden incentivised Web3 training to thousands and thousands of individuals throughout the globe. By securing the assist of a number of governments, XCAD goals to bridge the hole between
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Sui and Revolut Launch International Partnership to Speed up Blockchain Training and Adoption

[ad_1] AdvertismentGrand Cayman, Cayman Islands, March twenty seventh, 2024, Chainwire Sui, the Layer 1 blockchain that gives industry-leading efficiency and infinite scaling, proudly introduced a landmark collaboration with Revolut, a number one world fintech with over 40 million clients worldwide. The strategic partnership will bolster consciousness and adoption of blockchain expertise amongst Revolut’s expansive person base whereas opening new avenues for Sui’s development, significantly throughout Europe. Revolut’s Be taught program
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ceτi AI Proclaims Partnership Innovation Fund to Speed up Innovation in Decentralized AI

[ad_1] AdvertismentVancouver, Canada, March twenty seventh, 2024, Chainwire In a big transfer to gasoline the expansion of decentralized synthetic intelligence, ceτi AI is proud to announce the institution of the ceτi AI Partnership Innovation Fund with an preliminary allocation of $500k USD. This strategic fund is designed to catalyze innovation by forging partnerships with rising tasks on the intersection of AI and blockchain know-how. Overview ceτi AI, a pacesetter in
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OPZ Launches AI-Powered Pockets on iOS/Android and Raises $200K+ Inside Hours

[ad_1] AdvertismentSingapore, Singapore, March twenty seventh, 2024, Chainwire OPZ Token ($OPZ) is an all-in-one resolution that mixes a pockets on iOS & Android, decentralized change, superior AI buying and selling, and NFC know-how. It supplies 1,000,000,000 tokens for merchants. Utilizing ERC-20, this token employs highly effective AI buying and selling know-how to deal with customers’ trades. Merchants purchase and maintain the tokens, AI system then takes over, buying and selling repeatedly