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Subsquid, a leading Web3 data access layer, has secured $17.5 million in funding and forged a partnership with Google ahead of its highly anticipated token launch, as per the information shared with Finbold on May 16. The financial boost will support the development of Subsquid’s innovative data indexing technology, which aims to revolutionize blockchain data accessibility. Subsquid’s integration with Google BigQuery A major highlight of this development is Subsquid’s integration with Google BigQuery.  Picks for you We asked ChatGPT-4o what will be SHIB price at the end of 2024; Here’s what it said 1 hour ago China dumps largest amount of US Treasury and Agency Debt in history 2 hours ago Market expert sets Bitcoin price for August 2024 3 hours ago Finance legend Ray Dalio thinks there’s a 40% chance of a civil war in the U.S. 3 hours ago By incorporating its software development kit with Google’s powerful data analytics platform, Su...

DWF Labs, a known market maker and institutional investor in the cryptocurrency industry, has estimated profits superior to $8 million by trading JasmyCoin (JASMY) since June 2023. The professional crypto trading company first withdrew 700 million JASMY on June 26, 2023, from the centralized exchange Gate.io. At that time, JASMY was priced at $0.004412 per token , resulting in an estimated cost of $3.09 million . Since then, DWF Labs has made strategic sellings of its JasmyCoin stash, depositing 579 million JASMY on Binance. This data is from SpotOnChain , which reported one deposit in 2023 and five deposits this year, likely representing a sell-off. Picks for you Unusual correlation of Gold and US Treasury Yield raises concerns 56 mins ago SafeMoon V2 is up over 150% in a month; Is SFM back? 2 hours ago 3 cryptocurrencies under $1 to buy for next week 3 hours ago Trader alert: PEPE set for massive 50% move 3 hours ago In particular, the selli...

Real-world assets (RWA) is a strong narrative growing in the cryptocurrency market, following the interest of BlackRock Inc. (NYSE: BLK). In this context, a Real Estate token, UBXS, surged 300% in a week amid allegedly institutional moves. UBXS is a utility token part of an RWA project specializing in Real Estate, developed by the Web3 company, Bixos. The company aims to connect physical and virtual worlds through blockchain technology. Interestingly, Real E state property owners can use Bixos to token ize their real-world assets, making an exchangeable non-fungible token (NFT). By using the UBXS token , the company promises fee discounts and other benefits to investors. Picks for you Radicle 1.0 goes live, spearheading decentralized code collaboration 55 seconds ago 'Nvidia of crypto' token is up over 800% in a year 2 mins ago Intent X integrates Orbs Liquidity Hub for increased liquidity  17 mins ago Andrew Tate delivers harsh message to ‘cr...

Amid renewed hype around all things artificial intelligence (AI), an upcoming token has triggered excitement and optimism among investors thanks to its unique proposition and anticipated rally upon launch, threatening to outshine competitors like Chainlink (LINK) in the long run. Indeed, InQubeta (QUBE), the world’s first cryptocurrency-based crowdfunding platform for AI startups, has recently launched the seventh presale stage for its native token , taking the focus away from Chainlink, which itself has been heavily leaning toward AI applications within its platform. Notably, InQubeta allows technology startups to pool capital by minting investment opportunities within the platform’s custom-built non-fungible token (NFT) marketplace, as well as providing investors with equal access to innovative AI ventures with rewards for both sides. Picked for you Bitcoin price forecast: Brace for sub-$50k crash, $140 billion at Risk 1 hour ago Tron (TRX) price prediction ami...

A trader managed to turn five Ethereum (ETH) into $3.3 million buying and selling PORK token . In the latest display of trading acumen, a savvy market participant has executed a stunning financial maneuver transforming a mere five Ethereum — valued at approximately $12,000 — into a staggering $3.3 million fortune within the span of only three days. Analysts at Lookonchain closely followed this trader ’s strategic play, noting that the windfall was achieved through a timely investment in the newly launched PepeFork (PORK) cryptocurrency. Details emerging from Lookonchain reveal that the trader’s foray into PepeFork’s market began a mere seven minutes following the coin’s debut on Feb. 1. Capitalizing on the nascent trading opportunity, the investor converted the ETH holdings into 9.5 trillion PORK tokens. In just 3 days, this trader made $3.3M on $PORK with only 5 $ETH($12K)! This trader spotted $PORK 7 minutes after it opened trading and spent 5 $ETH($12...

In the realm of crafting textual content, three pivotal elements demand attention: “perplexity,” “burstiness,” and “predictability.” Perplexity serves as the yardstick for gauging textual intricacy. In parallel, burstiness scrutinizes the spectrum of sentence variations. Lastly, predictability assesses the likelihood of accurately predicting the subsequent sentence. Human composition tends to exhibit heightened burstiness, featuring a blend of extended, intricate sentences interspersed with concise ones. On the contrary, AI-generated sentences lean towards uniformity. Consequently, for the forthcoming content creation, the objective is to infuse it with a substantial degree of perplexity and burstiness while minimizing predictability. Additionally, the stipulation is to articulate the content exclusively in English. Now, let’s reimagine the provided text: Amidst allegations of manipulating the supply, the value of the SUI token nosedived follo...

The fund is a part of a wider VCC umbrella that brings various real-world assets to the blockchain. Leading Swiss bank UBS has launched a live pilot of a tokenized version of its variable capital company (VCC) fund as part of Project Guardian, an initiative led by Singapore’s central bank.  In a press release, UBS Asset Management announced that the fund is part of a broader VCC umbrella designed to bring different types of real-world assets (RWA) to the blockchain. According to Thomas Kaegi, the head of UBS Asset Management for Singapore and Southeast Asia, the project is a milestone in understanding funds token ization. Kaegi said: “Through this exploratory initiative, we will work with traditional financial institutions and fintech providers to help understand how to improve market liquidity and market access for clients.” UBS Asset Management launched the controlled pilot of the tokenized money market fund through the company’s in-house token ization service called UBS Tokeni...

Swisstronik, a layer-1 network focused on user privacy and regulatory compliance, has announced the close of its $5 million seed funding round , and the launch of its private token sale. Swisstronik closes seed funding round After a successful seed round, Swisstronik intends to utilize the funds for team expansion, technology development, and the planned 2024 launch of its mainnet. Simultaneously, they have initiated a private token sale, providing individuals and businesses with an exclusive early investment opportunity to secure SWTR tokens required for accessing the Swisstronik Network ahead of the public launch. You might also like: Malta takes next steps to align with EU’s MiCA regulation Swisstronik has already closed on its first deal in the ongoing private token sale, with MAQ Capital Home, a UAE-based venture capital represented by Mohammed Abdul Qadir Jihad. This led to MAQ Capital Home acquiring $500,000 worth of future SWTR token s, which would allow the ...

Patricia clarified that it will operate similarly to an IOU (I owe you) document, serving as a means for the exchange to acknowledge its debt to its users. The announcement of Patricia Token (PTK) by Nigerian crypto exchange Patricia was greeted by users with scepticism and some suspicion, as they took to social media to question the motives behind the move. Now, in a response to that reaction, the crypto exchange company has released a white paper seeking to explain the intended function of the Patricia Token. According to the released white paper, the Patricia token is not a stable coin but a debt token , issued to customers to manage users' debt. Patricia said that it will operate similarly to an IOU (I owe you) document, serving as a means for the exchange to acknowledge its debt to its users, and promising to pay holders 1 USDT for each Patricia Token in the future. In April 2023, Nigerian crypto exchange Patricia halted withdrawals and deposits due to a breach. However, cu...

Trendin, a crypto project that uses Artificial Intelligence (AI) in the cryptocurrency space, announced that the launch of its AI-Conceived Token and Trendin Bot (V2) would occur next week. On its official Twitter page, Trendin claimed the launch of $TREND, its token , and Trendin Sentience, the upgraded version of Trendin Bot, would revolutionize the crypto space. Trendin Revolutionizes Crypto Space with AI-Conceived Token and Intelligent Bot – V2 Launches Next Week $TREND #TRENDINhttps://t.co/6D2CbUEGJ4 — Trendin (@TrendinAI) May 31, 2023 The team claims that the upgrade to Trendin Bot offer enhanced Features like memory, context awareness, increased speed, live data API integration, real-time response generation, and a custom 3-part hybrid language model (LLM). Trendin Bot, available on Telegram and Twitter, possesses intelligence, answering questions, providing information, and even remembering interactions to enhance user experience. However, unl...

The total supply of the SUI token is capped at 10 billion coins, with tokens running on delegated Proof-of-Stake, or dPoS, consensus algorithm. Major cryptocurrency exchanges around the world are launching trading of the Sui (SUI) token amid the Sui Network's mainnet launch on May 3. According to an official announcement by the Sui Foundation, the Sui mainnet went live at 12:00 pm UTC. A wide number of global crypto trading platforms opted to support the Sui mainnet launch, enabling investors to buy and sell the new SUI token . As such, Binance crypto exchange plans to debut SUI trading right away after mainnet launch. The platform will allow users to trade between SUI and cryptocurrencies like Bitcoin (BTC), Tether (USDT) and Binance Coin (BNB) at 12:15 pm UTC. The firm will also enable investors to exchange SUI against euros and Turkish liras. Other big exchanges including Huobi, KuCoin, ByBit, OKX and Poloniex also announced SUI listings. KuCoin noted that it also plans to ...

The Fantom Foundation's attempt to dispel concerns about potential FTX exposure has been a success thus far for FTM price. Fantom (FTM) continued its upward momentum on Nov. 30 amid reports that the Fantom Foundation generates consistent profits and has 30 years of runway without having to sell any FTM tokens.  Fantom's FTM holdings up from 3% to 14% FTM price gained nearly 13.5% to reach $0.24, its highest level in three weeks. The rally came as a part of a broader rebound trend that started when it bottomed out at around $0.17 on Nov. 22. This amounts to a 50% price rebound in the last eight days. Interestingly, the rally picked up momentum after the Fantom Foundation's "Architect," Andre Cronje, released the firm's financial records on Nov. 28, revealing that it had $340 million worth of digital assets and had been earning over $10 million annually. Notably:  Nov 2022 — Over 450,000,000 FTM, > $100,000,000 in stables, > $100,000,000 in crypto assets,...

The Japanese messaging giant will still continue to support its Line blockchain ecosystem and the Link token despite the ongoing industry challenges. The Japanese messaging giant Line has decided to shut down its cryptocurrency exchange business amid the ongoing crypto winter. Line-owned crypto exchange Bitfront officially announced on Nov. 27 a plan to completely close down the platform by March 2023. According to the statement, the closure was driven by the continued cryptocurrency bear market and other issues in the crypto industry. Despite the exchange ’s closure, Line will still continue to run its other blockchain ventures, including the Line blockchain ecosystem and Link (LN) token , the announcement notes, stating: “Despite our efforts to overcome the challenges in this rapidly-evolving industry, we have regretfully determined that we need to shut down Bitfront in order to continue growing the Line blockchain ecosystem and Link token economy.” Bitfront also emphasized tha...

A couple of days back beleaguered crypto exchange FTX was hacked. A recent post by blockchain forensics firm Elliptic highlighted that various tokens on Ethereum, BNB Smart Chain, and Avalanche were removed. Out of the $663 million drained, around $477 million is suspected of being stolen, while the remaining is believed to be moved into secure storage by FTX itself.  Right after, developers and other community members suspected the hack might have also compromised Serum, a Solana-based protocol developed by FTX. Developers needed another version of Serum because the original could only be updated via a private key connected to FTX. The Serum DAO, on its part, did not have control over the key. So, because of the FTX hack, that key may have been compromised, and thus, the team decided to go ahead with an emergency fork. Pseudonymous developer Mango Max who led the fork confirmed the same. The developer further highlighted that Serum was the central order book for LPs ...

Join Our Telegram channel to stay up to date on breaking news coverage Crypto tokens supply: what does it mean? The crypto token supply determines how many cryptocurrency coins will exist at any given time and can be circulating, maximum, or total. The total supply of a cryptocurrency is the sum of the circulating supply and the coins held in escrow ( a smart contract in which a third party temporarily holds an asset until a specific and agreed-upon condition is met). The maximum supply is the number of tokens that can be created, whereas the circulating supply is the number of tokens that exist and can be traded in the market. To determine token distribution, demand, and market capitalization, all cryptocurrency supply metrics must be considered. They have the ability to influence the price of a cryptocurrency and are essential criteria for investors looking to assess the worth of a project. Unlike fiat currencies, which can be printed at will by central banks, most cry...