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TON’s $25M Grant Program has been launched. The Open Network (TON) is a revolutionary technology to unite all blockchains and Web2 Internet into one open network. The funding, which is provided by TONcoin Fund, a  $250 million  ecosystem fund dedicated to supporting founders building on TON, will funnel investment into key projects in a variety of fields, with a particular focus on decentralized finance (DeFi). Each investment will be from  $50,000  to  $250,000  per project. Funding will accompany partnership and mentorship among accelerator partners that include: Gotbit. It is a hedge fund and Market-Making company, a provider of trading and risk management solutions, Web3port, a developer of tools connecting Web3.0  startups and contributors to accelerate innovation, Tonstarter, the primary fundraising platform on TON, TEB, an incubator for Web3 developers based in South Korea, and Cypher Capital, a multi-strategy crypto investment firm based in the United Arab Emirates. The po...

The Axie Infinity price prediction shows that AXS faces the north as the technical indicator Relative Strength Index (14) moves to the upside. Axie Infinity Market Price Statistic: Axie Infinity price now: $7.00 Axie Infinity market cap: $817.2 million Axie Infinity circulating supply: $16.9 million Axie Infinity total supply: $270 billion Axie Infinity coin market ranking: #55 AXS/USD Market Key Levels: Resistance levels: $8.50, $9.00, $9.50 Support levels: $5.50, $5.00, $4.50 AXSUSD – Daily Chart AXS/USD is currently trading around $7.00 and once it manages to cross above the 9-day and 21-day moving averages, the next target could be located at $7.50 which is the crucial level for the coin. However, a push from here could send the price straight to around $8.00 while the daily low could be spotted at the $6.50 support level. Meanwhile, if the current level fails to hold strong, the Axie Infinity (AXS) could slip below the lower boundary of the channel. Axie Infini...

Shaq Sued For Astrals NFT The lawsuit, filed in Florida federal court, claims that O’Neal promoted the tokens despite being aware of potential regulatory issues surrounding the sale of unregistered crypto securities. The suit includes several celebrity defendants, including founder Sam Bankman-Fried and other stars who endorsed the platform. advertisement The complaint argues that Astrals NFTs needs to meet the criteria for being considered securities and will be evaluated under the Howey Test, a standard for determining investment contracts. Shaq also served in FTX Lawsuit.. O’Neal launched the Astrals Project in 2022, collaborating with his music manager, Brian Bayati, and his son, Myles O’Neal. The project aimed to encourage investment in a virtual world where users could interact with unique avatars traded through a marketplace. Recommended Articles Crypto ...

PancakeSwap Pancake Protectors, a tower defense game that combines thrilling gameplay from MOLand Defense with the utility of CAKE tokens.  Pancake Protectors, powered by PvP GameFi protocol Mobox, immerses players in thrilling missions where the strategic placement of hero towers is critical. What sets this edition apart is the integration of CAKE, the native token of PancakeSwap. This integration allows players to utilize CAKE tokens within the game and earn rewards while enjoying the gameplay. As PancakeSwap Launches the Pancake Protectors. During this 7-day campaign, you have the exclusive opportunity to be among the first to dive into the captivating world of Pancake Protectors. Experience the thrill of using your CAKE tokens for in-game enhancements and get rewarded for your participation. So how does the gameplay work? In Pancake Protectors, you take on the role of a commander, summoning heroes to defend your territories across various levels. Among these heroes, CAKE Heroes sta...

The commingling of funds happened almost daily in accounts held at US-based crypto-friendly bank Silvergate Bank. The sums of funds ran into billions of dollars, as per an insider with direct knowledge of Binance’s group finances. advertisement Binance failed to comply with U.S. financial rules that require keeping customer money separate from the company’s accounts. There’s a lack of internal controls to differentiate customer funds from company revenues. Reuters didn’t verify exact figures or frequency. However, it reviewed a bank record dated February 10, 2021, showing Binance mixed $20 million in corporate funds with $15 million from an account that received customer money. John Reed Stark, a former chief of the Securities and Exchange Commission’s Office of Internet Enforcement, said “ Binance customers shouldn’t need a forensic accountant to find where their money is.” Recom...

Also Read: MicroStrategy Replies To FASB Standards To Update Bitcoin Holdings advertisement Gemini Warned In Philippines According to the report, Gemini was issued the warning notice on May 18, 2023, over unauthorized operation of the derivatives exchange. The regulatory agency warned the country’s public against investing in new products and suggested they halt existing investments. This marks a stumbling block in Gemini’s way after launching the derivatives exchange just a month ago. The notice said, “The derivatives exchange does not have the necessary license and/or authority to solicit, accept or take investments/placements from the public nor to issue securities.” On the other side, Gemini said the Digital Currency Group (DCG) missed out on a recent $630 loan payment, which means it may need to consider providing DCG with exception on enforcing the debt as a means to avoid default. Recommended Articl...

Also Read: Balaji Predicts US Election 2024 To Be Fought Over Bitcoin advertisement Earlier, CoinGape reported that popular investor Michael Burry bought shares of distressed banks like First Republic Bank, PacWest Bancorp, Western Alliance Bank and New York Community Bancorp. At that time, these stocks were trading at lowest levels, and any significant recovery would have meant healthy gains. The sentiment was also conducive for buying at the low prices as fears over further bank collapses rose. Michael Burry Portfolio Revealed According to an annual shareholder report of Burry shared by Compounding Quality, the big short invested in New York Community Bancorp, Capital One, Wells Fargo, Western Alliance Bancorp, Huntington Bancshares, PacWest and First Republic Bank. Among his other major stocks in his portfolio are JD.com and Alibaba Group which form the highest percentage shares in his portfolio, besides energy stocks Coterra Energy and Devon Ener...