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The Financial Commission of South Korea stated at the "Future Government Digital Asset Policy Outlook Forum" held at the Library of Congress that it will actively promote the two-stage legislation of virtual assets. Jin Zhenzhen, the head of the Virtual Assets Department of the Financial Commission, emphasized that the policy trends in the United States have important reference significance for relevant legislation in South Korea, especially in the fields of securities tokens and central bank digital currencies (CBDCs). He also pointed out that the importance of global trends and regulatory cooperation is increasingly prominent. The South Korean National Assembly also stated that it will fully cooperate with the legislative process of digital assets, hoping to promote the development of the domestic virtual asset industry. @druxamb
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Too many cooks spoil the broth. @drujok @seterror.eth
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Digital asset management company ParaFiCapital announced that it will tokenize a portion of its $1.2 billion investment portfolio on the Avalanche blockchain through the Securitize platform. This is the company's first attempt at fund tokenization, providing a portion of equity in its latest venture capital fund. Through tokenization, investors can buy and sell these tokenized shares on digital platforms. @dryhh @symbiotech.eth
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Riches have wings. @drug01
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According to Cointelegraph, Tune is a Web3 music platform based on Hedera FM has completed a $50 million financing with participation from GlobalEmerging Markets. This new investment will be used to provide liquidity for the JAM token of the agreement, which will be used within the platform to reward artists and users. Previous investors of Tune.fm include LDA Capital, AlphaToken Capital, BlockAlpha, AnimocaBrands, HBAR Foundation, and GDA Capital. This platform provides music streaming services that integrate the NFT market. Artists can earn micro payments for every second of music playback, while users can earn tokens by discovering and listening to newly promoted songs. @setter
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No one knows the weight of another’s burden. @ygygkym
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Crypto derivatives platform Cega pointed out in its latest market insights report that there were fewer market events this week, but investors are generally focused on the next Federal Reserve meeting and expected interest rate cuts. Cega expects the market to maintain range volatility in the coming weeks. Despite the calm market, BTC volatility remains slightly above the one-year average. @hjli9
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Don't lose confidence just because there's no applause @ftiioma2
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ENSv2 release progress update, the current architecture of ENSv2 focuses on three options: the first option involves directly extending ENS to existing public ZK blockchains (such as Scroll and Taiko), or utilizing OptimisticL2 with ZK proof function, which has the lowest development and long-term maintenance costs, but to some extent sacrifices the independence of ENS governance on public chains; The second option is to deploy our own ZK chain instance, which provides greater flexibility for the team; The third option involves developing a custom zkVM (zero knowledge virtual machine) specifically optimized for ENS operations, and we are collaborating with Axiom to explore this option. @tifjb @drcai
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The days are always warm and shining @drug01
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EarnAlliance, a Web3 gaming community platform, announced the appointment of Jeff Drobick as its new Chief Operating Officer. He previously served as President and CEO at Tapjoy and will leverage his extensive experience and connections with the traditional gaming community to expand his business. In June of this year, EarnAlliance teamed up with SkyMavis to integrate the Ronin ecosystem game. This appointment was made before EarnAlliance's potential token generation event (TGE), and it is reported that EarnAlliance plans to launch TEG on October 10th. @dtulubekov
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There are too many things that I can't catch, but fortunately I don't mind @rudwn
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The decentralized AI and DePIN project OORT has announced an update to its token economy model, with a total of 2 billion OORT tokens. Key changes include: 1. Over the next five years, 400 million OORT tokens will be distributed as rewards for OORTEdge network nodes, and an additional 800 million OORT tokens will be locked for five years starting from September 15, 2024. The lock up address will be announced soon; The unlocking period for the 200 million OORT tokens allocated by the founding team has been extended from four years to six years, in line with the long-term healthy development goals of the OORT ecosystem. @ftiioma2
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It is not allowed to be happy every day in a gloomy manner @ujhg
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ETHDaily announced in a post that the Ethereum social graph protocol efp.eth has been released on the testnet and is open to all users. This protocol allows users to log in using their Ethereum wallet, follow others, block wallets, and check their ranking on the leaderboard. EFP enables users to create and manage follow lists through EFP List NFTs. This protocol integrates data from ENS records and displays personal profile information such as profile pictures, personal profiles, and social links. Users can also import follow lists from Farcaster and Lens protocols. The test version aims to conduct stress testing on the protocol, and the actions taken during the testing period will not be extended to the main network. Users can also use this protocol to receive EFPBetaTesterPOAPNFT. @esi84 @semini4966
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Be a star with sharp edges and corners, and it will also shine @drbrt @drivenbyboredom
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According to the metric data released by DePINscan on September 5th California time, the first batch of mining machines "N3EdgeV1" for DePIN&AI project Network 3 is expected to recoup its investment within 120 days, ranking among the top 3 among many DePIN projects and ranking first in daily returns. Previously, it was reported that the physical mining machine N3EdgeV1 released by Network3 was sold out on the day of its pre-sale. The dual mining of tokens has been launched on August 29th, and the first batch of users who purchase mining machines can receive double profits. According to RootData, a Web3 asset data platform, Network3 has built AILayer2, aimed at helping global AI developers efficiently, conveniently, and economically reason, train, or validate models on a large scale. The project has achieved pre seed and seed round financing of 5.5 million US dollars, and the next round of financing has been initiated, with multiple leading institutions confirming their participation. @ftihvb
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Better late than never. @sewilyaw @seyex.eth @secsang
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NEAR officially announced on X that around 2:25 this morning, the official X account of NEARProtocol was hijacked, and hackers posted a series of posts criticizing the Crypto ecosystem. NEAR added that although the identity of the hacker is still unknown, there is reason to believe that this may have been done by the notorious hacker "FourChan", but this is still only speculation at present. The security team led by security expert Mike Rotch conducted a thorough review of the incident and found that it was an isolated account hijacking incident, and no one attempted to phishing the NEAR community through malicious links, contract addresses, or other means @secsang @seungwooooooo
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Sincerely changing constantly @seiran-anisa @secsang
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