What Makes NFT Lending Platform AFKDAO Stand Out in the GameFi Space?

11 April 2023 / Press Release: Following its seed round financing in April 2022 and private round financing in May 2022, the well-known NFT lending platform AFKDAO has announced another significant move: it will soon enter the South Korean GameFi and NFT markets. With an open and composable approach, AFKDAO aims to provide full lifecycle liquidity solutions for South Korean …

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Terraport Finance DeFi Exchange Hacked, Losing $2M Worth of Digital Assets

The decentralized finance (DeFi) exchange project Terraport Finance announced a security breach on its liquidity wallet on April 10. The hacker reportedly drained all liquidity pools from the platform, causing losses of approximately $2 million worth of digital assets.  Terraport is currently working with community members and major exchanges to secure as many of the funds as possible and blacklist …

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Bitget Launches $100M Web3 Fund to Boost Crypto Projects in Asia

Bitget, the esteemed crypto exchange, has recently launched some new funds that are specifically geared toward promoting several upcoming Web3 projects. The fund has already amassed an impressive $100 million for its initial investment, which underscores Bitget’s unwavering confidence in the future of Web3.  Main Goal of this Fund The main objective of this fund is to provide financial backing …

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Binance Derivative License Cancelled By Australian Regulator

ASIC (The Australian Securities and Investments Commission) has decided to cancel the derivative license of Binance after carrying out strong research on the company’s operation in the country. It was disclosed in a press release on Thursday. This means that Australian traders will not be able to increase their derivative position or add up new positions after April 14. Users …

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EHP Technologies Launches Greenhouse Heating Systems Connected Up To 100% To Clean Energy Sources 

EHP Technologies, a first-of-its-kind fifth-generation heating and cooling technology company, has launched its revolutionary greenhouse heating systems. According to the CEO of EHP Technologies, Mr. Anıl Çil, the idea behind the development and launch of the EHP Heating Systems was motivated by the need to ensure a healthy and clean environment devoid of the harmful of global warming. A Cornell …

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South Korean Authorities Confiscate $160M Worth of Assets from Terra Employees

South Korean authorities have successfully recovered assets worth $160M from 8 employees of Terraform labs including that of the co-founder Daniel Shin. These 8 employees were linked with the collapse of Terraform Labs. The Southern District Prosecutor Office of Seoul has seized the assets. What assets were recovered? On April 3, the authorities reported that they seized over 210 billion …

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Arbitrum Withdraws Governance Votes after Backlash from Community

Arbitrium, a layer 2 solutions provider for Ethereum, has stepped back on its government voting systems after getting backlash from the token holders. Arbitrium had control over 750 million tokens worth $1B. Community Decision Matters April 2 was when Arbitrium tweeted that they would not be able to pass AIP-1, their first governance proposal, as they wanted to adhere to …

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