Chinese national Wang Xinghong, 40, was sentenced to five years in prison for his role in a cryptocurrency scam that defrauded over 700 investors out of S$6.7 million. As CTO of A&A Blockchain Innovation, he helped maintain a fake mining app, contributing to the scheme's operation and resulting in losses of S$1.1 million.
AnaisIn just over two weeks since its launch, the NOWChain Testnet has surpassed 340,000 transactions. With its Proof of Mobile (PoM) consensus, NOWChain aims to transform blockchain security by leveraging the collective power of mobile devices.
CatherineAigisos has launched its Genesis Rolldrop, distributing 90 million AIG tokens in a two-phase event to engage both new and existing users. However, significant verification issues and a lack of solid progress raise doubts about whether Aigisos can prove its worth beyond high-profile endorsements. With such verification challenges and a history of brief CEO ventures, can Aigisos truly deliver on its promises, or is it just another flashy project destined to falter?
AnaisToncoin (TON) surged 12% on Thursday following Binance's announcement of its listing on 8 August at 6PM SGT, with withdrawals available 24 hours later. Will TON breakthrough its upper resistance or test its lower support?
KikyoIn Singapore, 65% of people now prefer AI-generated shopping recommendations, driven by a desire for a more personalized and efficient shopping experience. AI tools like LazzieChat from Lazada Group exemplify this trend, using advanced technology to enhance online shopping.
WeatherlyNesa, a Binance MVB-incubated Layer 1 blockchain that is the first to put over 1,000 AI models on-chain, has launched the Nesa Mascot Creation Contest with Stability World AI. Running until 17 August, the contest will award the winning design as Nesa’s official mascot and provide exclusive whitelist access to the top five entries.
CatherineBinance Labs has invested in Solayer, a restaking network on Solana, to boost its ecosystem. Solayer's innovative approach to staking and security has rapidly increased its Total Value Locked (TVL) and attracted significant attention in the crypto space.
WeatherlyIn a recent blog post on GPT-4o’s safety measures, OpenAI highlighted concerns about anthropomorphisation. But given its history of portraying its products in human-like terms, these concerns seem both expected and ironic.
KikyoTurkey’s new crypto regulations, effective from 2 July 2024, require all crypto service providers to apply for licenses or liquidate by 2 October 2024. Key players like Coinbase and KuCoin have not yet started the licensing process, reflecting potential challenges in adapting to the new rules.
JoyWireless internet provider Andrena has raised $18 million to develop its decentralised broadband protocol, DAWN. As a DePIN, DAWN aims to deliver internet access directly to homes, bypassing traditional providers. Now in testnet phase, DAWN will launch on Solana. Will it revolutionise internet access?
Catherine
