Chinese 'Crypto Dad' faces government investigation
Yao Qian, the creator of China's CBDC and former director of the digital currency research institute, is under investigation for suspected legal violations. Details are undisclosed.
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Yao Qian, the creator of China's CBDC and former director of the digital currency research institute, is under investigation for suspected legal violations. Details are undisclosed.
#NekoNews @OriNeko
EU Parliament Adopts Anti-Money Laundering Rules Package, Also Policing Crypto
The European Parliament voted to adopt a new package of laws tightening money laundering and terrorist financing measures across the EU. The laws target large cash payments, crypto firms and football clubs, among others.
"The new laws include enhanced due diligence measures and checks on customers’ identity, after which so-called obliged entities have to report suspicious activities to and other competent authorities" a press statement on the vote said.
Crypto policy watchers in the EU raised concerns that the requirements imposed on digital assets may be unfairly strict compared to other financial sectors when the bloc struck a political deal on the package back in January. A joint parliamentary committee voted on texts of the package in March, ahead of the plenary vote on Thursday.
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The European Parliament voted to adopt a new package of laws tightening money laundering and terrorist financing measures across the EU. The laws target large cash payments, crypto firms and football clubs, among others.
"The new laws include enhanced due diligence measures and checks on customers’ identity, after which so-called obliged entities have to report suspicious activities to and other competent authorities" a press statement on the vote said.
Crypto policy watchers in the EU raised concerns that the requirements imposed on digital assets may be unfairly strict compared to other financial sectors when the bloc struck a political deal on the package back in January. A joint parliamentary committee voted on texts of the package in March, ahead of the plenary vote on Thursday.
#NekoNews @OriNeko
My Neighbor Alice to Host Contest
My Neighbor Alice is hosting an Adventure Contest in Lummelunda. The contest, which begins on April 22nd and runs until the 27th of May, consists of four different challenges. Participants are encouraged to showcase their creativity and skills throughout the competition.
📈 Neko Forecasting $ALICE for short-term correction and bounce from current marked demand zone for buy position.
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My Neighbor Alice is hosting an Adventure Contest in Lummelunda. The contest, which begins on April 22nd and runs until the 27th of May, consists of four different challenges. Participants are encouraged to showcase their creativity and skills throughout the competition.
#NekoChart @OriNeko
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Taiko, an 'Ethereum-Equivalent ZK Rollup,' Raises $15M Layer-2 scaling solution provider Taiko has secured $15 million in a series A funding round, bringing its total fundraising across three rounds to $37 million. Led by Lightspeed Faction, Hashed, Generative…
🐯 Learning With Neko Week 33.
Hola, Necats, happy weekend today we'll talk about Taiko
Introduction To Taiko😬
Taiko is a decentralized Layer 2 blockchain protocol that uses a Zero Knowledge Ethereum Virtual Machine (ZK-EVM). It is designed to be the most Ethereum-equivalent and general-purpose Zero Knowledge Rollup (ZK-Rollup).
The main objective of Taiko is to provide a scalable and efficient platform for decentralized applications (dApps) developers and users, allowing them to leverage the power of Ethereum Layer 1 (L1) without having to make any changes to their existing dApps.
#NekoNews @OriNeko
Hola, Necats, happy weekend today we'll talk about Taiko
Introduction To Taiko
Taiko is a decentralized Layer 2 blockchain protocol that uses a Zero Knowledge Ethereum Virtual Machine (ZK-EVM). It is designed to be the most Ethereum-equivalent and general-purpose Zero Knowledge Rollup (ZK-Rollup).
The main objective of Taiko is to provide a scalable and efficient platform for decentralized applications (dApps) developers and users, allowing them to leverage the power of Ethereum Layer 1 (L1) without having to make any changes to their existing dApps.
#NekoNews @OriNeko
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Taiko is building a Type 1 ZK-EVM which is engineered to achieve complete compatibility with Ethereum by incorporating a ZK-EVM that supports all EVM opcodes. The primary goal of Taiko as a type-1 ZK-EVM is to emphasize Ethereum-equivalence over the speed of ZK-proof generation. The term "type-1" originates from the fact that these ZK-EVMs introduce no alterations to the Ethereum framework, including hash functions, state trees, or gas expenses. This compatibility enables the reuse of execution clients with minimal adjustments.
There are three main components to Taiko's technical structure: the ZK-EVM circuits (for proof generation), the Layer 2 rollup node (for managing the rollup chain), and the protocol on L1 (for connecting these two parts together for rollup protocol verification). These components work together to ensure seamless compatibility with Ethereum L1, providing developers and users with a familiar experience.
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ASINQ's Bitcoin wallet, Phoenix Wallet, will discontinue its services in the United States effective May 3, 2024.
The company has instructed its American users to withdraw their funds before the application shutdown in both the App Store and Google Play. The team cautioned that forcefully closing the wallet could incur significant network fees.
This decision stems from the prevailing regulatory uncertainty affecting non-custodial wallets in the US.
#NekoNews @OriNeko
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Decentraland is set to hold its first-ever Community Summit in Argentina from May 22 to 24. The event is designed to celebrate the progress of the platform and to foster deeper connections among its community members.
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American rapper Marshall Mathers, better known as Eminem, has become one of the latest celebrities to tout cryptocurrency exchange Crypto.com.
In an April 26 X post, Eminem released an ad spot showing a boxing training montage interspersed with crypto jargon, including proof-of-work and Crypto.com’s now infamous slogan “fortune favors the brave.” The rapper was one of the first major celebrities to advertise for the cryptocurrency exchange since actor Matt Damon’s ad spot in October 2021.
Check out Eminem and Crypto.com's campaign videos on our Instagram
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In an April 26 X post, Eminem released an ad spot showing a boxing training montage interspersed with crypto jargon, including proof-of-work and Crypto.com’s now infamous slogan “fortune favors the brave.” The rapper was one of the first major celebrities to advertise for the cryptocurrency exchange since actor Matt Damon’s ad spot in October 2021.
Check out Eminem and Crypto.com's campaign videos on our Instagram
Follow @OriNeko for more crypto updates. Join
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Hey everyone. happy weekend, I've got two options for us to talk about 2 Liquid Staking Governance Tokens Coins. Pick the one you're interested in discussing.
Final Results
63%
Ether.fi
37%
LDO
Neko 🐯
Hey everyone. happy weekend, I've got two options for us to talk about 2 Liquid Staking Governance Tokens Coins. Pick the one you're interested in discussing.
Neko 🐯
Hey everyone. happy weekend, I've got two options for us to talk about 2 Liquid Staking Governance Tokens Coins. Pick the one you're interested in discussing.
What is Ether.fi (ETHFI)?
Ether.fi is a decentralized, non-custodial delegated staking protocol that introduces a unique approach to Ethereum staking. With the creation of a Liquid Staking Derivative (LSD) token, Ether.fi enables users to stake their Ethereum in a way that is both flexible and secure.
This innovation not only democratizes access to staking rewards but also preserves the decentralized ethos that is fundamental to the Ethereum community. By allowing stakers to maintain control over their keys, Ether.fi ensures that users have full custody of their assets, a critical feature for trust and security in the decentralized finance (DeFi) ecosystem.
#NekoSpotlight @OriNeko
Ether.fi is a decentralized, non-custodial delegated staking protocol that introduces a unique approach to Ethereum staking. With the creation of a Liquid Staking Derivative (LSD) token, Ether.fi enables users to stake their Ethereum in a way that is both flexible and secure.
This innovation not only democratizes access to staking rewards but also preserves the decentralized ethos that is fundamental to the Ethereum community. By allowing stakers to maintain control over their keys, Ether.fi ensures that users have full custody of their assets, a critical feature for trust and security in the decentralized finance (DeFi) ecosystem.
#NekoSpotlight @OriNeko
Neko 🐯
What is Ether.fi (ETHFI)? Ether.fi is a decentralized, non-custodial delegated staking protocol that introduces a unique approach to Ethereum staking. With the creation of a Liquid Staking Derivative (LSD) token, Ether.fi enables users to stake their Ethereum…
Principles of Ether.fi
Ether.fi is built on a set of core principles that distinguish it from other staking solutions. These include:
🎥 Decentralization as a Primary Objective: Ether.fi is committed to maintaining a decentralized and non-custodial nature, ensuring stakers always have control over their ETH.
🎥 Sustainable Business Model: Unlike platforms that rely on unsustainable economic models, Ether.fi is designed for longevity, with a clear, viable revenue model aimed at long-term success.
🎥 Community Commitment: Ether.fi pledges unwavering support to the Ethereum community, promising transparency, accountability, and a willingness to correct mistakes promptly. These guiding principles reflect Ether.fi's dedication to fostering a more open, secure, and sustainable DeFi ecosystem.
#NekoSpotlight @OriNeko
Ether.fi is built on a set of core principles that distinguish it from other staking solutions. These include:
#NekoSpotlight @OriNeko
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iExec RLC to Hold Hackathon on April
iExec RLC is hosting an online hackathon from April 2 to April 29. The event involves integrating iExec’s development tools, Web3Mail and DataProtector, into participants' applications. A total of $18,000 in prizes is available for the hackathon winners.
📈 Neko Forecasting $RLC for short-term correction and bounce from current marked demand zone for buy position.
#NekoChart @OriNeko
iExec RLC is hosting an online hackathon from April 2 to April 29. The event involves integrating iExec’s development tools, Web3Mail and DataProtector, into participants' applications. A total of $18,000 in prizes is available for the hackathon winners.
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USA: BTC Wallet Providers Thin Out
ASINQ's Bitcoin wallet, Phoenix Wallet, will discontinue its services in the United States effective May 3, 2024.
The company has instructed its American users to withdraw their funds before the application shutdown in both the App Store and Google Play. The team cautioned that forcefully closing the wallet could incur significant network fees.
This decision stems from the prevailing regulatory uncertainty affecting non-custodial wallets in the US.
#NekoNews @OriNeko
ASINQ's Bitcoin wallet, Phoenix Wallet, will discontinue its services in the United States effective May 3, 2024.
The company has instructed its American users to withdraw their funds before the application shutdown in both the App Store and Google Play. The team cautioned that forcefully closing the wallet could incur significant network fees.
This decision stems from the prevailing regulatory uncertainty affecting non-custodial wallets in the US.
#NekoNews @OriNeko
Hong Kong to launch spot crypto ETF trading by April-end
Hong Kong is gearing up to introduce spot crypto ETFs by the end of April, mirroring the U.S. trend, as the region aims to strengthen its positioning in the market. Spot Bitcoin and Ethereum exchange-traded funds (ETFs) are on the horizon in Hong Kong, set to debut by the end of April, as the city intensifies its focus on cryptocurrencies.
In addition to spot crypto ETFs, the city already permits futures crypto ETFs: CSOP Bitcoin Futures, CSOP Ether Futures, and Samsung Bitcoin Futures. However, the trio amassed has quite a modest number of just about $175 million in assets under management so far. According to Bloomberg Intelligence ETF Analyst Rebecca Sin, Hong Kong’s spot crypto ETFs could allocate around $1 billion in assets under management by 2026.
#NekoNews @OriNeko
Hong Kong is gearing up to introduce spot crypto ETFs by the end of April, mirroring the U.S. trend, as the region aims to strengthen its positioning in the market. Spot Bitcoin and Ethereum exchange-traded funds (ETFs) are on the horizon in Hong Kong, set to debut by the end of April, as the city intensifies its focus on cryptocurrencies.
In addition to spot crypto ETFs, the city already permits futures crypto ETFs: CSOP Bitcoin Futures, CSOP Ether Futures, and Samsung Bitcoin Futures. However, the trio amassed has quite a modest number of just about $175 million in assets under management so far. According to Bloomberg Intelligence ETF Analyst Rebecca Sin, Hong Kong’s spot crypto ETFs could allocate around $1 billion in assets under management by 2026.
#NekoNews @OriNeko
Neko 🐯
Top 7 Token Unlocks of the Upcoming Week The following tokens with the largest unlock amount will be unlocked next week: dYdX - $70.40M Galxe - $39.03M Portal - $27.26M Orbler - $15.11M Biconomy - $13.77M Nym - $12.42M Zeus Network - $11.82M #NekoNews @OriNeko
dYdX lead token unlocks
Decentralized exchange dYdX will unlock 33.33 million tokens, worth about $70.40 million at current prices. according to Token Unlocks data
📈 Neko Forecasting $DYDXfor short-term correction and bounce from current marked demand zone for buy position.
#NekoChart @OriNeko
Decentralized exchange dYdX will unlock 33.33 million tokens, worth about $70.40 million at current prices. according to Token Unlocks data
#NekoChart @OriNeko
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