A small tool to view real-world ActivityPub objects as JSON! Enter a URL
or username from Mastodon or a similar service below, and we'll send a
request with
the right
Accept
header
to the server to view the underlying object.
{
"@context": "https://www.w3.org/ns/activitystreams",
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"attributedTo": "https://www.minds.com/api/activitypub/users/1235185564722929674",
"content": "I created a community that could foaster smart idea discussion.",
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"url": "https://www.minds.com/newsfeed/1513408640738922504",
"published": "2023-06-08T05:05:36+00:00",
"inReplyTo": "https://www.minds.com/api/activitypub/users/100000000000000519/entities/urn:activity:1513266327043706881",
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"content": "I created a community that could foaster smart idea discussion.",
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"content": "Crypto Talk with OliveX's CEO Rumjahn: Move-To-Earn Fitness App & DOSE Token<br /><br /><br /> <br /><br />Working out has become a trending conversation on social network platforms. Exercise, especially indoor-style, is influencing lifestyle amid a wide range of COVID-19 lockdowns globally. <br /><br />Blockchain.News spoke to Keith Rumjahn, CEO of OliveX and Founder of DOSE token, to explore the potential development of a move-to-earn business model and how cryptocurrency shapes the virtual fitness and sports industry.<br /><br /><br /><br />Riding a bicycle is more than just a fun physical activity nowadays as the connection between fitness facilities and personal mobile devices is about to introduce users to a new chapter in the virtual world.<br /><br />Move-to-earn: Dustland Rider<br /><br />OliveX, a Hong Kong-based fitness startup company founded by CEO Keith Rumjahn in 2017, demonstrated their latest upcoming product, Dustland Rider, in a recent press event in Hong Kong. It provided an alternative way to encourage the public to get into the crypto space by simply riding a bicycle. <br /><br />By completing specific missions by linking users' mobile devices, a so-called move-to-earn (M2E) approach and it's application mechanism so that users can enjoy their fitness achievements in exchange for earning token rewards.<br /><br />Specifically, the digital health platform designed a series of scenarios with immersive stories and missions for users to experience in the Metaverse while exercising. Users would need to tackle some challenges in this virtual game to win points or tokens; for example, users might be rewarded a unique golden yellow sports suit if they complete riding 100km in the game.<br /><br />",
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"published": "2022-09-05T11:08:49+00:00",
"source": {
"content": "Crypto Talk with OliveX's CEO Rumjahn: Move-To-Earn Fitness App & DOSE Token\n\n\n \n\nWorking out has become a trending conversation on social network platforms. Exercise, especially indoor-style, is influencing lifestyle amid a wide range of COVID-19 lockdowns globally. \n\nBlockchain.News spoke to Keith Rumjahn, CEO of OliveX and Founder of DOSE token, to explore the potential development of a move-to-earn business model and how cryptocurrency shapes the virtual fitness and sports industry.\n\n\n\nRiding a bicycle is more than just a fun physical activity nowadays as the connection between fitness facilities and personal mobile devices is about to introduce users to a new chapter in the virtual world.\n\nMove-to-earn: Dustland Rider\n\nOliveX, a Hong Kong-based fitness startup company founded by CEO Keith Rumjahn in 2017, demonstrated their latest upcoming product, Dustland Rider, in a recent press event in Hong Kong. It provided an alternative way to encourage the public to get into the crypto space by simply riding a bicycle. \n\nBy completing specific missions by linking users' mobile devices, a so-called move-to-earn (M2E) approach and it's application mechanism so that users can enjoy their fitness achievements in exchange for earning token rewards.\n\nSpecifically, the digital health platform designed a series of scenarios with immersive stories and missions for users to experience in the Metaverse while exercising. Users would need to tackle some challenges in this virtual game to win points or tokens; for example, users might be rewarded a unique golden yellow sports suit if they complete riding 100km in the game.\n\n",
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"content": "<br /><br /><br /> <br /><br />Social media giant Snap announced 20% layoffs this week, leading the Web3 team to become a casualty of that move.<br /><br /><br /><br />The company's second-quarter earnings missed expectations, with the growth rate at its slowest rate in five years.<br /><br />Second-quarter revenue of $1.11 billion, while up 13% from a year earlier, was well below the company's previous forecast of 20% to 25%.<br /><br />Snap Web3 team co-founder Jake Sheinman announced his departure from the company on Thursday, writing in his Twitter post:<br /><br />“As a result of the company restructure, decisions were made to sunset our Web3 team。”<br /><br />Snap is not as serious about Web3 as other tech companies such as Meta, but Snap is not very interested at the moment, at least Web3 is not its priority.<br /><br />Snap CEO Evan Spiegel (Evan Spiegel) listed three strategic priorities, namely community growth, revenue growth, AR, some investment projects do not match their vision.<br /><br />He added that:<br /><br />“The extent of this reduction should substantially reduce the risk of ever having to do this again, while balancing our desire to invest in our long-term future and reaccelerate our revenue growth.”<br /><br />Many people believe that Web3 will be the next generation of the Internet, but Snap has little interest right now, at least Web3 is not its priority.<br /><br />This week, Snap announced 20% layoffs, and investment in some projects has shrunk significantly. Snap CEO Evan Spiegel listed three strategic priorities, namely community growth, revenue growth, AR, and some The investment project does not match its vision.<br /><br />The Web3 team was laid off because the early exploration of the Web3 space did not directly contribute to Snap priorities and AR investments, and did not meet the current company team goals.<br /><br />",
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"url": "https://www.minds.com/newsfeed/1412696528585232389",
"published": "2022-09-03T07:11:38+00:00",
"source": {
"content": "\n\n\n \n\nSocial media giant Snap announced 20% layoffs this week, leading the Web3 team to become a casualty of that move.\n\n\n\nThe company's second-quarter earnings missed expectations, with the growth rate at its slowest rate in five years.\n\nSecond-quarter revenue of $1.11 billion, while up 13% from a year earlier, was well below the company's previous forecast of 20% to 25%.\n\nSnap Web3 team co-founder Jake Sheinman announced his departure from the company on Thursday, writing in his Twitter post:\n\n“As a result of the company restructure, decisions were made to sunset our Web3 team。”\n\nSnap is not as serious about Web3 as other tech companies such as Meta, but Snap is not very interested at the moment, at least Web3 is not its priority.\n\nSnap CEO Evan Spiegel (Evan Spiegel) listed three strategic priorities, namely community growth, revenue growth, AR, some investment projects do not match their vision.\n\nHe added that:\n\n“The extent of this reduction should substantially reduce the risk of ever having to do this again, while balancing our desire to invest in our long-term future and reaccelerate our revenue growth.”\n\nMany people believe that Web3 will be the next generation of the Internet, but Snap has little interest right now, at least Web3 is not its priority.\n\nThis week, Snap announced 20% layoffs, and investment in some projects has shrunk significantly. Snap CEO Evan Spiegel listed three strategic priorities, namely community growth, revenue growth, AR, and some The investment project does not match its vision.\n\nThe Web3 team was laid off because the early exploration of the Web3 space did not directly contribute to Snap priorities and AR investments, and did not meet the current company team goals.\n\n",
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"content": "Brazil's Digitra.com Launches Crypto Platform Using Nasdaq's Cloud-Based Tech<br /><br /><br /> <br /><br />Brazil-based cryptocurrency exchange Digitra.com on Tuesday launched a digital asset trading platform powered by Nasdaq’s cloud-based crypto trading service.<br /><br /><br />Built on market infrastructure technology from Nasdaq, Digitra.com now uses exchange-grade matching technology to provide 24/7/365 robust and frictionless trading services on Digitra.com for retail and institutional investors worldwide.<br /><br />Launched in June 2020, Nasdaq’s Marketplace Services Platform is a cloud-based SaaS platform that supports digital assets exchanges and crypto markets for exchanging digital assets, offering services across the lifecycle of a transaction including trading, issuance, surveillance, and pre-trade risk management.<br /><br />While Nasdaq is offering digital asset services, it is collaborating with Microsoft Azure on designing solutions for next-generation marketplaces.<br /><br />The Nasdaq’s cloud-based platform allows exchanges to attract liquidity and scale transaction volumes to correspond with different market conditions. The technology also enables exchanges to develop new features for their clients.<br /><br />Digitra.com founder and CEO Rodrigo Batista talked about the development: \"Nasdaq brings extensive experience and expertise in capital markets technology to Digitra.com and our industry. Our technology collaboration gives us a robust foundation to grow and build new features for our clients.\"<br /><br />One feature that Digitra.com is already leveraging from Nasdaq’s Marketplace Services Platform is a new commission and fee structure, called Trade to Earn. Through the newly created structure, Digitra.com has eliminated transaction fees while introducing a monetary incentive program that awards customers with native Digitra tokens (DGTA) on every executed trade.<br /><br />Although Digitra.com already provides digital assets such as bitcoin (BTC), Ether (ETH), and USD coin (USDC) to its customers, the exchange said it plans to use the Nasdaq’s technology to offer 50 additional asset classes and coins by the end of the year.<br /><br /> “By offering additional services on top of cryptocurrency spot trading, we will create new revenue streams that replace the traditional transaction fees,\" Batista said.<br /><br />Nasdaq’s cloud-based Marketplace Services Platform is designed to dynamically scale as the marketplace grows and adds new asset classes to its trading platform.<br /><br />Nasdaq’s Marketplace Services Platform will enable Digitra.com to grow and scale, which is crucial as the exchange continues expanding and offering new asset types.<br /><br />Digitra.com will be able to introduce new products rapidly – from cryptocurrencies and stablecoins to security, energy, and carbon credit tokens – as such opportunities arise.<br /><br />By using Nasdaq technology, Digitra.com said it will be able to respond to the demands of the market and offer new types of services and products that don’t exist today.<br /><br />",
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"url": "https://www.minds.com/newsfeed/1411629027822669835",
"published": "2022-08-31T08:29:46+00:00",
"source": {
"content": "Brazil's Digitra.com Launches Crypto Platform Using Nasdaq's Cloud-Based Tech\n\n\n \n\nBrazil-based cryptocurrency exchange Digitra.com on Tuesday launched a digital asset trading platform powered by Nasdaq’s cloud-based crypto trading service.\n\n\nBuilt on market infrastructure technology from Nasdaq, Digitra.com now uses exchange-grade matching technology to provide 24/7/365 robust and frictionless trading services on Digitra.com for retail and institutional investors worldwide.\n\nLaunched in June 2020, Nasdaq’s Marketplace Services Platform is a cloud-based SaaS platform that supports digital assets exchanges and crypto markets for exchanging digital assets, offering services across the lifecycle of a transaction including trading, issuance, surveillance, and pre-trade risk management.\n\nWhile Nasdaq is offering digital asset services, it is collaborating with Microsoft Azure on designing solutions for next-generation marketplaces.\n\nThe Nasdaq’s cloud-based platform allows exchanges to attract liquidity and scale transaction volumes to correspond with different market conditions. The technology also enables exchanges to develop new features for their clients.\n\nDigitra.com founder and CEO Rodrigo Batista talked about the development: \"Nasdaq brings extensive experience and expertise in capital markets technology to Digitra.com and our industry. Our technology collaboration gives us a robust foundation to grow and build new features for our clients.\"\n\nOne feature that Digitra.com is already leveraging from Nasdaq’s Marketplace Services Platform is a new commission and fee structure, called Trade to Earn. Through the newly created structure, Digitra.com has eliminated transaction fees while introducing a monetary incentive program that awards customers with native Digitra tokens (DGTA) on every executed trade.\n\nAlthough Digitra.com already provides digital assets such as bitcoin (BTC), Ether (ETH), and USD coin (USDC) to its customers, the exchange said it plans to use the Nasdaq’s technology to offer 50 additional asset classes and coins by the end of the year.\n\n “By offering additional services on top of cryptocurrency spot trading, we will create new revenue streams that replace the traditional transaction fees,\" Batista said.\n\nNasdaq’s cloud-based Marketplace Services Platform is designed to dynamically scale as the marketplace grows and adds new asset classes to its trading platform.\n\nNasdaq’s Marketplace Services Platform will enable Digitra.com to grow and scale, which is crucial as the exchange continues expanding and offering new asset types.\n\nDigitra.com will be able to introduce new products rapidly – from cryptocurrencies and stablecoins to security, energy, and carbon credit tokens – as such opportunities arise.\n\nBy using Nasdaq technology, Digitra.com said it will be able to respond to the demands of the market and offer new types of services and products that don’t exist today.\n\n",
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"id": "https://www.minds.com/api/activitypub/users/1235185564722929674/entities/urn:activity:1411629027822669835/activity"
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"content": "Singapore Considers Enhancing Crypto Consumer Protection via Suitability Tests & Leverage Cuts<br /><br /> <br /><br />The Monetary Authority of Singapore (MAS) is weighing the option of propelling ways of protecting consumers trading cryptocurrencies through new measures like suitability tests.<br /><br /><br /><br />Speaking at an event on Monday, Ravi Menon, the managing director at the MAS, hinted:<br /><br />“The MAS’ new rules may include customer suitability tests and cutting the use of leverage and credit facilities by retail investors for trading these<br />digital assets.”<br /><br />As the Republic of Singapore's central bank and financial regulatory authority, the MAS carries out various statutes about securities, insurance, banking, and money. <br /><br />During the event attended by crypto industry players, Menon emphasized the need to boost regulations in the sector. He pointed out:<br /><br />“Banning retail access to cryptocurrencies is not likely to work. The cryptocurrency world is borderless. There is greater impetus now among global regulators to enhance regulations in this space. MAS will also do so.” <br /><br />The absence of global oversight has become a challenging issue amid the pitfalls experienced by various crypto companies, which triggered a $2 trillion market downturn. <br /><br />For instance, an embattled cryptocurrency hedge fund, Three Arrows Capital (3AC), filed for Chapter 15 bankruptcy in the United States of America in July. The company’s woes were ignited by the collapse of LUNA-UST, given that it had a significant amount of exposure.<br /><br />Nevertheless, Menon had earlier reiterated that Terraform Labs, Three Arrows Capital, and the Luna Foundation Guard were unlicensed to operate in Singapore, Blockchain.News reported. <br /><br />The MAS started tightening digital asset rules earlier this year, with crypto companies being required to be licensed locally, even those operating overseas.<br /><br />Menon also reiterated that the volatility linked to cryptocurrencies made them unsuitable for use as money. <br /><br />",
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"url": "https://www.minds.com/newsfeed/1411260829923282960",
"published": "2022-08-30T08:06:41+00:00",
"source": {
"content": "Singapore Considers Enhancing Crypto Consumer Protection via Suitability Tests & Leverage Cuts\n\n \n\nThe Monetary Authority of Singapore (MAS) is weighing the option of propelling ways of protecting consumers trading cryptocurrencies through new measures like suitability tests.\n\n\n\nSpeaking at an event on Monday, Ravi Menon, the managing director at the MAS, hinted:\n\n“The MAS’ new rules may include customer suitability tests and cutting the use of leverage and credit facilities by retail investors for trading these\ndigital assets.”\n\nAs the Republic of Singapore's central bank and financial regulatory authority, the MAS carries out various statutes about securities, insurance, banking, and money. \n\nDuring the event attended by crypto industry players, Menon emphasized the need to boost regulations in the sector. He pointed out:\n\n“Banning retail access to cryptocurrencies is not likely to work. The cryptocurrency world is borderless. There is greater impetus now among global regulators to enhance regulations in this space. MAS will also do so.” \n\nThe absence of global oversight has become a challenging issue amid the pitfalls experienced by various crypto companies, which triggered a $2 trillion market downturn. \n\nFor instance, an embattled cryptocurrency hedge fund, Three Arrows Capital (3AC), filed for Chapter 15 bankruptcy in the United States of America in July. The company’s woes were ignited by the collapse of LUNA-UST, given that it had a significant amount of exposure.\n\nNevertheless, Menon had earlier reiterated that Terraform Labs, Three Arrows Capital, and the Luna Foundation Guard were unlicensed to operate in Singapore, Blockchain.News reported. \n\nThe MAS started tightening digital asset rules earlier this year, with crypto companies being required to be licensed locally, even those operating overseas.\n\nMenon also reiterated that the volatility linked to cryptocurrencies made them unsuitable for use as money. \n\n",
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"content": "SolanaFM Secures a Seed Funding Round Worth $4.5M<br /><br /><br /> <br /><br />World-class Blockchain explorer SolanaFM has secured a seed funding round worth $4.5 Million in partnership with various leading venture capital firms. <br /><br /><br /><br />According to the press release, the blockchain firm is also partnering with various Web3 companies to provide them with a suite of APIs.<br /><br />SolanaFM has often offered blockchain services that go beyond being an explorer in the web3 ecosystem. The firm deploys various tech tools that facilitate the growth and operations of businesses in the financial services sector and compliance firms.<br /><br />The amount generated from the funding round will be used to develop the services of the blockchain firm and also improve the quality of its manpower.<br /><br />The seed funding round was achieved with the partnership of the following venture capital, Spartan Group, Petrock Capital, Zee Prime, and FT capital, amongst many other investors.<br /><br />According to the statement, this funding round however is said to have been achieved because of the influence of SBI Group's Digital Asset Opportunity Fund.<br /><br />The CEO of SolanaFM, Nicholas Chen noted that the firm prides itself in developing web3 technologies that are simplistic and that humans can easily interact with. He added that this core value will inspire every upgrade and development that the company will witness in the future.<br /><br />The Chief Operating Officer of SolanaFM, Fathurrahman said that the firm is excited to have its various investors sponsoring this vision. He further noted that the achieved funding will be used to expand the manpower of the firm and also “support significantly faster development lifecycles and serve Solana users the general-purpose data tools they deserve”.<br /><br />SolanaFM however has achieved various strides in the blockchain ecosystem, fully deserving all the attention it enjoys from investors.<br /><br />In December last year, the blockchain firm secured a reasonable investment fund that was spearheaded by Coinhako and Etherscan. For reasons best known to the parties involved, the exact amount of the investment and for what purpose remains obscured.<br /><br />In early June, in compliance with its innovativeness core value, the firm announced the release of a new upgrade to its explorer.<br /><br />",
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"url": "https://www.minds.com/newsfeed/1410659682376224770",
"published": "2022-08-28T16:17:56+00:00",
"source": {
"content": "SolanaFM Secures a Seed Funding Round Worth $4.5M\n\n\n \n\nWorld-class Blockchain explorer SolanaFM has secured a seed funding round worth $4.5 Million in partnership with various leading venture capital firms. \n\n\n\nAccording to the press release, the blockchain firm is also partnering with various Web3 companies to provide them with a suite of APIs.\n\nSolanaFM has often offered blockchain services that go beyond being an explorer in the web3 ecosystem. The firm deploys various tech tools that facilitate the growth and operations of businesses in the financial services sector and compliance firms.\n\nThe amount generated from the funding round will be used to develop the services of the blockchain firm and also improve the quality of its manpower.\n\nThe seed funding round was achieved with the partnership of the following venture capital, Spartan Group, Petrock Capital, Zee Prime, and FT capital, amongst many other investors.\n\nAccording to the statement, this funding round however is said to have been achieved because of the influence of SBI Group's Digital Asset Opportunity Fund.\n\nThe CEO of SolanaFM, Nicholas Chen noted that the firm prides itself in developing web3 technologies that are simplistic and that humans can easily interact with. He added that this core value will inspire every upgrade and development that the company will witness in the future.\n\nThe Chief Operating Officer of SolanaFM, Fathurrahman said that the firm is excited to have its various investors sponsoring this vision. He further noted that the achieved funding will be used to expand the manpower of the firm and also “support significantly faster development lifecycles and serve Solana users the general-purpose data tools they deserve”.\n\nSolanaFM however has achieved various strides in the blockchain ecosystem, fully deserving all the attention it enjoys from investors.\n\nIn December last year, the blockchain firm secured a reasonable investment fund that was spearheaded by Coinhako and Etherscan. For reasons best known to the parties involved, the exact amount of the investment and for what purpose remains obscured.\n\nIn early June, in compliance with its innovativeness core value, the firm announced the release of a new upgrade to its explorer.\n\n",
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"content": "<br /><br /><br /> <br /><br />Chinese tech giant Tencent, the owner of the Chinese instant messaging platform WeChat, has revealed that it has been granted a patent for using blockchain technology for person-seeking notices, according to local media outlets.<br /><br /><br /><br />The purpose of developing tracing missing individuals is to facilitate the search for missing persons' efficiency and improve the traceability of data. According to the company, it has taken more than three years for the patent application to be approved since it was first filed in December 2019.<br /><br />The patent indicates that blockchain technology will be adopted; users submit requests of missing person data followed by a broadcast of the missing person notice to the blockchain network to conduct consensus verification on the missing person notice, store it in the corresponding consensus block, and forward it to the node to broadcast to a wider audience.<br /><br />Tencent is emerging as a notable frontrunner in China's tech scene as it formed an industry consortium to spearhead the development of a standardized framework for blockchain technology.<br /><br />Tencent has partnered with blockchain company ShareRing to deploy a blockchain-powered digital document and identity management solution to stimulate the travel industry, which has been hit hardest by the Covid-19 pandemic.<br /><br />The company announced in 2020 that it would invest 500 billion yuan ($70 billion) over the next five years in emerging technologies, including blockchain, artificial intelligence (AI), cloud computing, and cybersecurity.<br /><br /><br />",
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"url": "https://www.minds.com/newsfeed/1409445993480458244",
"published": "2022-08-25T07:55:10+00:00",
"source": {
"content": "\n\n\n \n\nChinese tech giant Tencent, the owner of the Chinese instant messaging platform WeChat, has revealed that it has been granted a patent for using blockchain technology for person-seeking notices, according to local media outlets.\n\n\n\nThe purpose of developing tracing missing individuals is to facilitate the search for missing persons' efficiency and improve the traceability of data. According to the company, it has taken more than three years for the patent application to be approved since it was first filed in December 2019.\n\nThe patent indicates that blockchain technology will be adopted; users submit requests of missing person data followed by a broadcast of the missing person notice to the blockchain network to conduct consensus verification on the missing person notice, store it in the corresponding consensus block, and forward it to the node to broadcast to a wider audience.\n\nTencent is emerging as a notable frontrunner in China's tech scene as it formed an industry consortium to spearhead the development of a standardized framework for blockchain technology.\n\nTencent has partnered with blockchain company ShareRing to deploy a blockchain-powered digital document and identity management solution to stimulate the travel industry, which has been hit hardest by the Covid-19 pandemic.\n\nThe company announced in 2020 that it would invest 500 billion yuan ($70 billion) over the next five years in emerging technologies, including blockchain, artificial intelligence (AI), cloud computing, and cybersecurity.\n\n\n",
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"content": "Telegram Mulling to Launch Marketplace for NFT-Like Smart Contracts<br /> <br /><br />Telegram is mulling plans to introduce a new marketplace to allow users to transfer usernames via \"NFT-like smart contracts.\"<br /><br /><br /><br />Founder Pavel Durov made an announcement on the messaging platform, saying that the company may launch a new marketplace.<br /><br />“Imagine how successful Telegram with its 700 million users could be if we put reserved @ usernames, group and channel links for auction,” Durov wrote on Monday. “In addition to millions of catchy t.me addresses like <a class=\"u-url mention\" href=\"https://www.minds.com/storm\" target=\"_blank\">@storm</a> or <a class=\"u-url mention\" href=\"https://www.minds.com/royal\" target=\"_blank\">@royal</a>, all four-letter usernames could be made available for sale.”<br /><br />According to Durov, the TON blockchain that he designed can host decentralised sales. He also said that the Telegram team can \"write bullet-proof smart contracts for TON.\"<br /><br />Following his announcement, TON jumped about 10%. However, further details are yet to be shared by the company or Durov. <br /><br />Durov, to support his backing for TON, spoke about the success of a recent auction conducted for domain and wallet names, including wallet.ton which sold for 215,250 Toncoin (about $260,000) and casino.ton for about $244,000.<br /><br />“Let's see if we can add a little bit of Web 3.0 to Telegram in the coming weeks,” Durov said. <br /><br />In December last year, the TON blockchain partnered with Telegram’s verified payment protocol ‘Donate’ to use its native token ‘Toncoin’ for subscription payments, amongst other things, according to a report from Blockchain.News.<br /><br />The TON Blockchain was conceived and developed by Telegram Founder Pavel Durov and his brother Nikolai in 2017. The project advanced into the Initial Coin Offering (ICO) stage with GRAM tokens offered to investors in a record $1.7 billion sales in 2018. However, this ICO was the source of the project’s trouble as the US SEC came after the Durov and the TON team, alleging they broke securities laws. The lawsuit was extended for a long period and eventually ended up with Telegram paying $18.5 million in settlements.<br /><br />",
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"published": "2022-08-24T08:54:33+00:00",
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"content": "Telegram Mulling to Launch Marketplace for NFT-Like Smart Contracts\n \n\nTelegram is mulling plans to introduce a new marketplace to allow users to transfer usernames via \"NFT-like smart contracts.\"\n\n\n\nFounder Pavel Durov made an announcement on the messaging platform, saying that the company may launch a new marketplace.\n\n“Imagine how successful Telegram with its 700 million users could be if we put reserved @ usernames, group and channel links for auction,” Durov wrote on Monday. “In addition to millions of catchy t.me addresses like @storm or @royal, all four-letter usernames could be made available for sale.”\n\nAccording to Durov, the TON blockchain that he designed can host decentralised sales. He also said that the Telegram team can \"write bullet-proof smart contracts for TON.\"\n\nFollowing his announcement, TON jumped about 10%. However, further details are yet to be shared by the company or Durov. \n\nDurov, to support his backing for TON, spoke about the success of a recent auction conducted for domain and wallet names, including wallet.ton which sold for 215,250 Toncoin (about $260,000) and casino.ton for about $244,000.\n\n“Let's see if we can add a little bit of Web 3.0 to Telegram in the coming weeks,” Durov said. \n\nIn December last year, the TON blockchain partnered with Telegram’s verified payment protocol ‘Donate’ to use its native token ‘Toncoin’ for subscription payments, amongst other things, according to a report from Blockchain.News.\n\nThe TON Blockchain was conceived and developed by Telegram Founder Pavel Durov and his brother Nikolai in 2017. The project advanced into the Initial Coin Offering (ICO) stage with GRAM tokens offered to investors in a record $1.7 billion sales in 2018. However, this ICO was the source of the project’s trouble as the US SEC came after the Durov and the TON team, alleging they broke securities laws. The lawsuit was extended for a long period and eventually ended up with Telegram paying $18.5 million in settlements.\n\n",
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"content": "<br /><br /><br /><br /> <br /><br />Following the indictment of Nathaniel Chastain, a former Head of Product at the Non-Fungible Token (NFT) marketplace, OpenSea, a new petition has now been filed by his lawyers, requesting the court to dismiss the case as it lacks merit.<br /><br /><br />Chastain’s lawyers said the accusation of insider trading does not qualify as NFTs can neither be classified as either secured or commodities. The grand jury charges on OpenSea were filed in May, with Chastain accused of buying NFTs before they were featured on the trading platform’s homepage.<br /><br />The charges brought against him detailed the fact that he used insider knowledge to make business calls. He also used anonymous accounts and wallets to make the transactions. According to the earlier indictment, Chastain often sells the NFTs after they are listed on OpenSea at a relatively higher price.<br /><br />“NFTs might be new, but this type of criminal scheme is not,” U.S. Attorney Damian Williams in a statement at the time the charges were first levied. “As alleged, Nathaniel Chastain betrayed OpenSea by using its confidential business information to make money for himself. Today’s charges demonstrate the commitment of this Office to stamping out insider trading – whether it occurs on the stock market or the blockchain.”<br /><br />In defence of Chastain, his legal counsel argued that the government cannot prove whether the transactions being probed qualify as financial transactions under Anti-Money Laundering (AML) rules.<br /><br />“The government has brought the instant prosecution using ill-founded applications of criminal law to set a precedent in the digital asset space,” Chastain’s lawyers wrote in the motion to dismiss the indictment.<br /><br />OpenSea is the largest NFT marketplace in the world, and the title comes with many legal challenges. Some of its aggrieved users have consistently sued the platform, most requesting the trading outfit to refund their NFTs that were stolen based on improper security infrastructures installed by the exchange.<br /><br />",
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"published": "2022-08-23T07:20:30+00:00",
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"content": "\n\n\n\n \n\nFollowing the indictment of Nathaniel Chastain, a former Head of Product at the Non-Fungible Token (NFT) marketplace, OpenSea, a new petition has now been filed by his lawyers, requesting the court to dismiss the case as it lacks merit.\n\n\nChastain’s lawyers said the accusation of insider trading does not qualify as NFTs can neither be classified as either secured or commodities. The grand jury charges on OpenSea were filed in May, with Chastain accused of buying NFTs before they were featured on the trading platform’s homepage.\n\nThe charges brought against him detailed the fact that he used insider knowledge to make business calls. He also used anonymous accounts and wallets to make the transactions. According to the earlier indictment, Chastain often sells the NFTs after they are listed on OpenSea at a relatively higher price.\n\n“NFTs might be new, but this type of criminal scheme is not,” U.S. Attorney Damian Williams in a statement at the time the charges were first levied. “As alleged, Nathaniel Chastain betrayed OpenSea by using its confidential business information to make money for himself. Today’s charges demonstrate the commitment of this Office to stamping out insider trading – whether it occurs on the stock market or the blockchain.”\n\nIn defence of Chastain, his legal counsel argued that the government cannot prove whether the transactions being probed qualify as financial transactions under Anti-Money Laundering (AML) rules.\n\n“The government has brought the instant prosecution using ill-founded applications of criminal law to set a precedent in the digital asset space,” Chastain’s lawyers wrote in the motion to dismiss the indictment.\n\nOpenSea is the largest NFT marketplace in the world, and the title comes with many legal challenges. Some of its aggrieved users have consistently sued the platform, most requesting the trading outfit to refund their NFTs that were stolen based on improper security infrastructures installed by the exchange.\n\n",
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"content": "<br /><br /><br /><br /> <br /><br />Celsius Network LLC used more than $40 million in cash on its startup mining operation in the first two weeks after filing for bankruptcy, according to a report from the Wall Street Journal (WSJ).<br /><br /><br /><br />The report stated that Finance Chief Chris Ferraro had announced at a meeting with creditors on Aug 19, 2022.<br /><br />In response to inquiries made by Shara Cornell of the Office of the U.S. Trustee - a Justice Department watchdog overseeing the bankruptcy courts - Ferraro said that Celsius had used the amount to cover expenses, including electric utility bills to its mining rigs.<br /><br />According to the company's financial report released earlier last week, Celsius had about $129 million in cash earlier the previous week - a dip from the $170 million Chief Executive Alex Mashinsky disclosed during bankruptcy filings.<br /><br />The bankrupt crypto lending giant has until October until it runs out of cash, a lawyer representing Celsius said in bankruptcy court earlier this week. The company is looking for loans and other capital to fund it in chapter 11.<br /><br />According to Ferraro, Celsius trusts in spending cash on its mining operations rather than selling the mining assets to generate cash for the estate.<br /><br />\"The saturation of rigs in the marketplace\" means the value of those assets has gone down, he said. But Celsius expects the mining operation to start turning a profit by January, he added.<br /><br />While Mashinsky stated that Celsius plans to use the newly-minted bitcoin, generated by the mining operation, to partly cure a roughly $1.2 billion deficit in its balance sheet, Celsius has $5.5 billion in liabilities, of which more than $4.7 billion is owed to its customers, according to the WSJ.<br /><br />According to Ferraro's court filing, the firm has said that its mining operation will generate 10,118 bitcoins in 2022 and 15,000 in 2023, and it plans to pay back customers with that cash. The filing showed that the company had generated 3,114 bitcoins last year.<br /><br />Furthermore, Ferraro said that Celsius has already paid for 120,000 rigs, of which 49,000 are in operation.<br /><br />Although Celsius has taken the mining facility public, the firm has been battered by a bear market along with other bitcoin miners after a dip in the cryptocurrency prices wiped out about $2 trillion in market value from a peak in November.<br /><br />",
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"published": "2022-08-22T08:14:07+00:00",
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"content": "\n\n\n\n \n\nCelsius Network LLC used more than $40 million in cash on its startup mining operation in the first two weeks after filing for bankruptcy, according to a report from the Wall Street Journal (WSJ).\n\n\n\nThe report stated that Finance Chief Chris Ferraro had announced at a meeting with creditors on Aug 19, 2022.\n\nIn response to inquiries made by Shara Cornell of the Office of the U.S. Trustee - a Justice Department watchdog overseeing the bankruptcy courts - Ferraro said that Celsius had used the amount to cover expenses, including electric utility bills to its mining rigs.\n\nAccording to the company's financial report released earlier last week, Celsius had about $129 million in cash earlier the previous week - a dip from the $170 million Chief Executive Alex Mashinsky disclosed during bankruptcy filings.\n\nThe bankrupt crypto lending giant has until October until it runs out of cash, a lawyer representing Celsius said in bankruptcy court earlier this week. The company is looking for loans and other capital to fund it in chapter 11.\n\nAccording to Ferraro, Celsius trusts in spending cash on its mining operations rather than selling the mining assets to generate cash for the estate.\n\n\"The saturation of rigs in the marketplace\" means the value of those assets has gone down, he said. But Celsius expects the mining operation to start turning a profit by January, he added.\n\nWhile Mashinsky stated that Celsius plans to use the newly-minted bitcoin, generated by the mining operation, to partly cure a roughly $1.2 billion deficit in its balance sheet, Celsius has $5.5 billion in liabilities, of which more than $4.7 billion is owed to its customers, according to the WSJ.\n\nAccording to Ferraro's court filing, the firm has said that its mining operation will generate 10,118 bitcoins in 2022 and 15,000 in 2023, and it plans to pay back customers with that cash. The filing showed that the company had generated 3,114 bitcoins last year.\n\nFurthermore, Ferraro said that Celsius has already paid for 120,000 rigs, of which 49,000 are in operation.\n\nAlthough Celsius has taken the mining facility public, the firm has been battered by a bear market along with other bitcoin miners after a dip in the cryptocurrency prices wiped out about $2 trillion in market value from a peak in November.\n\n",
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"content": "<br /><br /> <br /><br />The United States subsidiary of the world's largest cryptocurrency exchange by trading volume, Binance U.S announced today that it has received a Money Transmitter Licence from the Nevada Department of Business and Industry, Financial Institutions Division. Markedly, this is the seventh nation granting such a license to the crypto giant.<br /><br /><br /> <br /><br />In the past, states and regions like Wyoming, West Virginia, Rhode Island, Puerto Rico, and Idaho, had issued a similar license to Binance U.S. Generally, Binance has established itself as one of the major crypto firms that are keen on operating in a regulated market. <br /><br /> <br /><br />Speaking about the development, the CEO of Binance U.S, Brian Shroder said that Binance will \"continue to take the necessary steps to ensure we are operationally compliant across the United States, our customers’ assets are secure, and our platform is safe and transparent.”<br /><br /> <br /><br />Binance Bags Approvals and Licenses Globally<br /><br /> <br /><br />Although the exchange has had its fair share in unregulated territories and has faced strict opposition in such regions. One such time was when its deal with Paysafe sparked concerns from the Financial Conduct Authority (FCA). The U.K financial watchdog was suspicious of the exchange's operation seeing that its activities exposed users to lots of insecurities and risks.<br /><br /> <br /><br />More exciting is the number of regulatory approvals and licenses that the exchange has received so far. Binance received a full-fledged operations license from the Central Bank of Bahrain. Endorsed by the Cooperation Council for the Arab States of the Gulf (GCC), the exchange now provides its trading services to citizens of Bahrain.<br /><br /> <br /><br />Similarly, Binance bagged approval in the form of a license from the Dubai World Trade Centre. This made it the second license gained from that region. Moving over to the French region, the crypto giant once again received the authority to operate as a digital assets service provider in France. <br /><br /> <br /><br />In France, its approval appeared to be doubled as it had come from both the Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR). One of the exchange's most recent authorities is the Kazakhstan in-principle approval and the approval it secured from the Astana Financial Services Authority (AFSA).<br /><br /><br />",
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"published": "2022-08-21T14:21:52+00:00",
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"content": "\n\n \n\nThe United States subsidiary of the world's largest cryptocurrency exchange by trading volume, Binance U.S announced today that it has received a Money Transmitter Licence from the Nevada Department of Business and Industry, Financial Institutions Division. Markedly, this is the seventh nation granting such a license to the crypto giant.\n\n\n \n\nIn the past, states and regions like Wyoming, West Virginia, Rhode Island, Puerto Rico, and Idaho, had issued a similar license to Binance U.S. Generally, Binance has established itself as one of the major crypto firms that are keen on operating in a regulated market. \n\n \n\nSpeaking about the development, the CEO of Binance U.S, Brian Shroder said that Binance will \"continue to take the necessary steps to ensure we are operationally compliant across the United States, our customers’ assets are secure, and our platform is safe and transparent.”\n\n \n\nBinance Bags Approvals and Licenses Globally\n\n \n\nAlthough the exchange has had its fair share in unregulated territories and has faced strict opposition in such regions. One such time was when its deal with Paysafe sparked concerns from the Financial Conduct Authority (FCA). The U.K financial watchdog was suspicious of the exchange's operation seeing that its activities exposed users to lots of insecurities and risks.\n\n \n\nMore exciting is the number of regulatory approvals and licenses that the exchange has received so far. Binance received a full-fledged operations license from the Central Bank of Bahrain. Endorsed by the Cooperation Council for the Arab States of the Gulf (GCC), the exchange now provides its trading services to citizens of Bahrain.\n\n \n\nSimilarly, Binance bagged approval in the form of a license from the Dubai World Trade Centre. This made it the second license gained from that region. Moving over to the French region, the crypto giant once again received the authority to operate as a digital assets service provider in France. \n\n \n\nIn France, its approval appeared to be doubled as it had come from both the Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR). One of the exchange's most recent authorities is the Kazakhstan in-principle approval and the approval it secured from the Astana Financial Services Authority (AFSA).\n\n\n",
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"content": "<br /><br /><br /> <br /><br />The growing anticipation of the Merge of the Ethereum network's Beacon Chain with the current Proof-of-Work (PoW) mainnet to usher in the Proof-of-Stake (PoS) version of the protocol has generated a number of misconceptions from the public.<br /><br /><br /><br />The Ethereum Foundation (EF) has come out to debunk some of these misconceptions, one of which is relative to the issue of gas fees.<br /><br />The EF said the emergence of Ethereum 2.0 will not be a panacea for lower gas fees as the upgrade is a change of consensus mechanism, not an expansion of network capacity, and will not result in lower gas fees. <br /><br />\"Gas fees are a product of network demand relative to the network's capacity. The Merge deprecates the use of proof-of-work, transitioning to proof-of-stake for consensus, but does not significantly change any parameters that directly influence network capacity or throughput,\" the EF said.<br /><br />The foundation said future rollup technology upgrades are projected to help taper down the high gas fees. Ethereum's co-founder, Vitalik Buterin, has also supported the push of Layer-2 rollups in pushing down the higher gas fees to accepted levels.<br /><br />Besides the clamour on gas fees, the misconception about the Merge ushering in faster transactions was also corrected. According to the Ethereum Foundation, while there is a slight change in the transaction speed on the Beacon Chain and the PoW network, the chances that the speed of transactions on the Layer-1 protocol will largely remain the same.<br /><br />The Beacon Chain went live back in December 2020 and has been running parallel with the Ethereum mainnet since then. A lot of debugging has been done since the development of Ethereum 2.0 was made public. With so much work now being put into The Merge, the anticipation for the proposed launch is now being directed to September 15 - 19 - the tentative date.<br /><br />",
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"published": "2022-08-20T08:53:55+00:00",
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"content": "\n\n\n \n\nThe growing anticipation of the Merge of the Ethereum network's Beacon Chain with the current Proof-of-Work (PoW) mainnet to usher in the Proof-of-Stake (PoS) version of the protocol has generated a number of misconceptions from the public.\n\n\n\nThe Ethereum Foundation (EF) has come out to debunk some of these misconceptions, one of which is relative to the issue of gas fees.\n\nThe EF said the emergence of Ethereum 2.0 will not be a panacea for lower gas fees as the upgrade is a change of consensus mechanism, not an expansion of network capacity, and will not result in lower gas fees. \n\n\"Gas fees are a product of network demand relative to the network's capacity. The Merge deprecates the use of proof-of-work, transitioning to proof-of-stake for consensus, but does not significantly change any parameters that directly influence network capacity or throughput,\" the EF said.\n\nThe foundation said future rollup technology upgrades are projected to help taper down the high gas fees. Ethereum's co-founder, Vitalik Buterin, has also supported the push of Layer-2 rollups in pushing down the higher gas fees to accepted levels.\n\nBesides the clamour on gas fees, the misconception about the Merge ushering in faster transactions was also corrected. According to the Ethereum Foundation, while there is a slight change in the transaction speed on the Beacon Chain and the PoW network, the chances that the speed of transactions on the Layer-1 protocol will largely remain the same.\n\nThe Beacon Chain went live back in December 2020 and has been running parallel with the Ethereum mainnet since then. A lot of debugging has been done since the development of Ethereum 2.0 was made public. With so much work now being put into The Merge, the anticipation for the proposed launch is now being directed to September 15 - 19 - the tentative date.\n\n",
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"content": "<br /><br /><br /> <br /><br />The Korea Financial Intelligence Unit (KoFIU), a top financial regulator in South Korea, on Thursday urged its local consumers using overseas cryptocurrency exchanges to verify whether such platforms have been registered under the Korean financial authority.<br /> <br /><br />The watchdog disclosed that a total of 16 virtual asset service providers (VASPs) have failed to register themselves with the financial authority and are therefore regarded as illegal business operators in South Korea.<br /><br />The regulator identified the crypto exchanges as follows: KuCoin, MEXC, Phemex, XT.com, Bitrue, ZB.com, Bitglobal, CoinW, CoinEX, AAX, ZoomEX, Poloniex, BTCEX, BTCC, DigiFinex, and Pionex.<br /><br />The KoFIU stated that it has informed the investigative authority about the illegal crypto exchanges targeting Korean users by providing Korean-language services.<br /><br />The financial regulator further said it has requested the Korea Communications Commission to block the companies' website access to local users to prevent their unregistered business activities in the country.<br /><br />In July last year, the KoFIU informed foreign virtual asset service providers, which are attracting Korean users, to register themselves with the financial regulator.<br /><br />So far, the 16 platforms have failed to conduct the required registration obligation within the given timeframe.<br /><br />In a statement on Thursday, the KoFIU said: \"Virtual asset users should check whether the VASPs that they are dealing with are legitimately registered with the authority according to the law.\"<br /><br />The watchdog mentioned that it will continue closely monitoring illegal business activities by unregistered firms.<br /><br />Strengthening the local Digital Asset Markets<br /><br />South Korea’s crypto market grew to more than 55 trillion Korean won (US$42 billion) at the end of 2021, with a total number of users reaching over 15 million people, according to statistics by the KoFIU.<br /><br />The crash that hit the crypto market in May and June this year adversely affected the Korean market at its prime — affecting around 280,000 investors in South Korea, with many claiming to have lost their life savings and some even taking their own lives.<br /><br />Dealing with the repercussions of the multi-billion Terra-LUNA disaster, regulators in South Korea recently began embarking on reforms in the digital assets sector.<br /><br /> The authorities promised to build infrastructure for digital finance innovation by developing a regulatory framework for emerging digital sectors like crypto assets and fractional investments, among other things, including the direct involvement of banks in the country’s US$42 billion crypto industry.<br /><br />",
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"published": "2022-08-19T08:22:26+00:00",
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"content": "\n\n\n \n\nThe Korea Financial Intelligence Unit (KoFIU), a top financial regulator in South Korea, on Thursday urged its local consumers using overseas cryptocurrency exchanges to verify whether such platforms have been registered under the Korean financial authority.\n \n\nThe watchdog disclosed that a total of 16 virtual asset service providers (VASPs) have failed to register themselves with the financial authority and are therefore regarded as illegal business operators in South Korea.\n\nThe regulator identified the crypto exchanges as follows: KuCoin, MEXC, Phemex, XT.com, Bitrue, ZB.com, Bitglobal, CoinW, CoinEX, AAX, ZoomEX, Poloniex, BTCEX, BTCC, DigiFinex, and Pionex.\n\nThe KoFIU stated that it has informed the investigative authority about the illegal crypto exchanges targeting Korean users by providing Korean-language services.\n\nThe financial regulator further said it has requested the Korea Communications Commission to block the companies' website access to local users to prevent their unregistered business activities in the country.\n\nIn July last year, the KoFIU informed foreign virtual asset service providers, which are attracting Korean users, to register themselves with the financial regulator.\n\nSo far, the 16 platforms have failed to conduct the required registration obligation within the given timeframe.\n\nIn a statement on Thursday, the KoFIU said: \"Virtual asset users should check whether the VASPs that they are dealing with are legitimately registered with the authority according to the law.\"\n\nThe watchdog mentioned that it will continue closely monitoring illegal business activities by unregistered firms.\n\nStrengthening the local Digital Asset Markets\n\nSouth Korea’s crypto market grew to more than 55 trillion Korean won (US$42 billion) at the end of 2021, with a total number of users reaching over 15 million people, according to statistics by the KoFIU.\n\nThe crash that hit the crypto market in May and June this year adversely affected the Korean market at its prime — affecting around 280,000 investors in South Korea, with many claiming to have lost their life savings and some even taking their own lives.\n\nDealing with the repercussions of the multi-billion Terra-LUNA disaster, regulators in South Korea recently began embarking on reforms in the digital assets sector.\n\n The authorities promised to build infrastructure for digital finance innovation by developing a regulatory framework for emerging digital sectors like crypto assets and fractional investments, among other things, including the direct involvement of banks in the country’s US$42 billion crypto industry.\n\n",
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