Author: Tanishq Bodh
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Mo Shaikh Resigns as Aptos CEO, Names Co-Founder Avery Ching as Successor
In a notable leadership transition, Mo Shaikh, co-founder and CEO of Aptos, has stepped down from his role, naming fellow co-founder Avery Ching as his successor. While Shaikh departs from day-to-day operations, he will remain involved with the company as an advisor. Leadership Transition at Aptos Mo Shaikh announced his resignation via social media, reflecting…
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Founders Corner : Aptos
Avery Ching is the CEO and co-founder of Aptos Labs, a blockchain platform focused on delivering reliable and scalable decentralized solutions. With over a decade of experience in distributed systems, Avery has played a pivotal role in advancing technologies that impact billions of users globally. Before founding Aptos Labs, Avery led the crypto platform team…
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Ethena Labs Partners with World Liberty Financial to Add sUSDe as Collateral on Aave v3
Ethena Labs and World Liberty Financial (WLFI), a blockchain venture associated with Donald Trump, have partnered to introduce Ethena’s sUSDe token as a collateral asset on WLFI’s Aave v3 instance. This collaboration is expected to enhance liquidity, boost stablecoin utilization, and provide users with rewards in sUSDe and WLF tokens. Details of the Partnership The…
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Binance to Delist AKRO, BLZ, and WRX Tokens on December 25
Binance, the world’s leading cryptocurrency exchange, has announced the delisting of three tokens—Kaon (AKRO), Bluzelle (BLZ), and WazirX (WRX)—effective December 25, 2024. The move follows Binance’s periodic review process, which evaluates tokens based on multiple criteria, including team commitment, trading volume, regulatory compliance, and network stability. Key Details of the Delisting: Impact on Binance Services:…
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Zano Introduces Private and Secure Messaging with Zano Matrix
Zano, a blockchain ecosystem focused on privacy and security, has launched Zano Matrix, a decentralized and encrypted messaging platform. The platform leverages the Matrix communication protocol, offering users private, secure, and authenticated messaging tied to Zano aliases. What Is Matrix? Matrix is an open-source communication protocol for decentralized messaging, voice, and video calls. Operating across…
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Ethena Labs Launches USDtb Stablecoin Backed by BlackRock’s BUIDL Fund
Ethena Labs has officially launched its new stablecoin, USDtb, with nearly 90% of its reserves backed by BlackRock’s BUIDL tokenized fund. This strategic move distinguishes USDtb from Ethena’s previous stablecoin, USDe, and strengthens its position in the market. A New Stablecoin Backed by BlackRock Ethena Labs introduced USDtb on December 16, marking a significant milestone…
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Drake’s X Account Hacked to Promote Fraudulent Crypto Coin
Canadian rapper Drake’s X (formerly Twitter) account was hacked on December 14 to promote a scam meme coin named “Anita.” The incident has drawn attention to the increasing prevalence of cryptocurrency scams on social media platforms, particularly targeting high-profile accounts. Fraudulent Crypto Promotions on High-Profile Accounts The hack was uncovered by blockchain investigator ZachXBT, who…
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Texas Man Sentenced for Underreporting $3.7 Million in Bitcoin Gains
A Texas resident, Frank Richard Ahlgren III, has been sentenced to two years in federal prison for filing false tax returns that misrepresented his $3.7 million Bitcoin profits. This case marks the first criminal tax evasion prosecution in the U.S. centered solely on cryptocurrency, underscoring the government’s intensified scrutiny of crypto-related tax compliance. A Landmark…
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Taτsu Validator Launches to Empower Subnet and Community Participation
In a significant milestone for the Bittensor network, Taτsu has announced the launch of its own Taτsu Validator. This move underscores the project’s commitment to decentralization, infrastructure control, and community empowerment, offering direct benefits to $TATSU and $TAO token holders. What is the Taτsu Validator? The Taτsu Validator is a key addition to the Taτsu…
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$PROPC Token Listed on Trust Wallet
Propchain ($PROPC), the cryptocurrency enabling fractionalized real estate investment, has been officially listed on Trust Wallet. This development provides users with a secure and efficient way to store, send, and swap $PROPC tokens, enhancing accessibility to the platform’s innovative digital real estate offerings. About Propchain and the $PROPC Token Propchain ($PROPC) is a blockchain-based cryptocurrency…