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Singapore's Whampoa Group plans to set up a digital bank in Bahrain, which will be open to encrypted customers

ADA1
May 18
Singapore's Whampoa Group plans to set up a digital bank in Bahrain before the end of the year to provide banking services as well as digital token trading, custody and asset management services, as well as round-the-clock payment and settlement services for digital asset companies.

Generative AI startup Together completes $20 million seed round

ADA1
May 17
Generative AI Startup Together Announces $20M Seed Funding Led by Lux Capital, Factory, SV Angel, First Round Capital, Long Journey Ventures, A Capital, Robot Ventures, Common Metal, Definition Capital, Susa Ventures, Cadenza Ventures , SCB 10x, Scott Banister, Long Journey Ventures, Robot Ventures, PayPal co-founder Scott Banister, Cloudera co-founder Jeff Hammerbacher, Oasis Labs co-founder Dawn Song, OpenSea co-founder Alex Atallah, Uniswap COO MC Lader, Cadence Systems founder Lip-Bu Tan, Transformer architecture co-inventor Jakob Uszkoreit, and angel investors Marc Bhargava, Jennifer Campbell, Chafic Kazoun, Sabrina Hahn, SongYee Yoon, Chase Lochmiller, Yi Sun, Dave Eisenberg and Zach Frankel participated in the investment .

AiONE, a decentralized AI integration platform, completed a $3 million private equity round of financing

ADA1
May 17
AiONE, a decentralized AI integration platform, announced the completion of a $3 million private equity round of financing, with an undisclosed investor.

Crypto exchanges Upbit and Bithumb raided by South Korean authorities

ADA1
May 16
South Korean prosecutors raided crypto exchanges Upbit and Bithumb on Monday as part of an investigation into the cryptocurrency scandal involving independent lawmaker Kim Nam-gook, South Korean officials said. Jin Nanguo has digital wallets on Upbit and Bithumb. It is reported that a team of investigators from the Seoul Southern District Prosecutors Office seized transaction records and other materials from the two exchanges. Kim Nam-guk has previously come under fire after being revealed to own about 800,000 Wemix tokens worth about 6 billion won ($4.5 million) in 2021, which is far from his frugal image. Doubts have been raised about the source of the funding and whether inside information was used. Kim, who quit the main opposition Democratic Party on Sunday, is also facing charges of dealing in cryptocurrencies during two sessions of the National Assembly's Judiciary Committee in May and November last year.

Arweave Naming Services (ANS) issues ANS tokens and conducts airdrops

ADA1
May 16
Arweave Name Service Arweave Name Service (ANS) announced the issuance of ANS tokens and an airdrop to users who minted ANS domain names on ans.gg. There are currently nearly 800 Arweavers collectively owning over 1,400 domain names. The total amount of ANS is 100,000, of which 32.2% will be used for DAO reserves, 30% will be allocated to the team and core contributors, 21.8% will be used for airdrops, and 16% will be used for DEX liquidity on Permaswap and Uniswap.

The first task is to start the main network as soon as possible, and the participating addresses of the test network have exceeded 4 million

ADA1
May 15
Ye Zhang and Sandy Peng, the co-founders of the Ethereum expansion project Scroll, shared the project progress and ecological development of Scroll in the past year in Anna Rose's Zero Knowledge Podcast, as well as Scroll team building, the current Layer 2 structure, and Scroll hardware acceleration. Results and future technology roadmap.

Line's NFT subsidiary plans to release five NFT games in 2023

ADA1
May 15
Line Next, the NFT subsidiary of Japanese communication giant Line, plans to release five NFT games on its Web3 game platform Game Dosi in the second half of 2023. These games include Sweet Monster Guardians, Vestria The Last Order (VLO), KEROZ, Drawship Kingdom Reverse and Project GD, an in-house developed IP that will involve multiple games. Each game has unique game mechanics, the company said. Game Dosi will be officially launched on May 18, when it will sell membership services, including gold and platinum NFT passes, which can provide benefits such as early access to new games. Game Dosi will be offering NFT rewards in its upcoming Project GD game. Players can earn rewards by completing tasks on the company's community site until May 31.

Blend will add support for two NFT series on May 15

ADA1
May 14
Blur's NFT lending protocol Blend will add support for two NFT series on May 15. Since Blur launched the NFT lending market Blend on May 2, the market has facilitated 67,284 ETH loans and a total of 4,162 loans, including 750 independent borrowers and 1,062 independent lenders.

The governor of Florida signed the CBDC ban, which will take effect on July 1

ADA1
May 13
Florida Governor Ron DeSantis officially signed the CBDC ban, prohibiting the use of central bank digital currencies across the state. The law will come into force on July 1. DeSantis is an outspoken supporter against the issuance and acceptance of a CBDC in Florida, which he sees as a tool for statewide surveillance of Floridians and U.S. citizens.