Pond0X token launch snafu leads to millions of dollars in losses
    29 Jul 2023
    142 Views

    Investors reported they lost up to $2.2 million when the developer of Pond0x allegedly mishandled the token’s launch. The launch of memecoin Pond0x has led to millions of dollars in losses for investors, according to multiple reports on social media on July 28. Data from the Maestro trading app shows that the Pond0x (PNDX) token reached…

    Blockchain technology lets East African farmers sell globally
    29 Jul 2023
    168 Views

    Blockchains’ tracing capacities can help certify that crops weren’t grown by razing woodlands or harvested with child labor. Small farmers in the developing world may be on the cusp of an agricultural breakthrough. With emerging technologies like satellite imagery, drones and machine learning boosting productivity, it’s becoming more viable than ever to sell their produce…

    Crypto mining hardware retailer Phoenix Technology mulls IPO in UAE: Report
    29 Jul 2023
    283 Views

    A mainstream media report highlighted that the mining hardware firm Phoenix Technology is planning to go public in Abu Dhabi, UAE. Crypto mining hardware provider Phoenix Technology is reportedly starting discussions to conduct an initial public offering (IPO) in the United Arab Emirates, according to a report by Bloomberg. The Bloomberg report cites anonymous sources who explained that…

    Japanese Web3 developer HashPort Group raises $8.5M in funding round
    29 Jul 2023
    153 Views

    The funds will be used to aid the firm’s global expansion across tough regulatory landscapes. Japanese blockchain developer HashPort has raised 1.2 billion Japanese yen ($8.5 million) in a Series C funding round led by Sumitomo Mitsui Banking Corporation, The University of Tokyo Edge Capital Partners and Japanese billionaire entrepreneur Yusaku Maezawa. The new round…