• Binance is launching its AI Pic Generator, Bicasso, on a global scale to 100,000 users.
• The launch of this service will be accompanied by an exclusive NFT collection released by the company.
• Users who are part of the referral program will receive exclusive perks such as guaranteed access to one free minting opportunity and Binance Beta Tester Membership.

Binance Launches Global AI NFT Generator

Binance has announced the global launch of its AI-assisted avatar-making tool, Bicasso, for 100,000 users. To mark this event, the crypto exchange is releasing an exclusive NFT collection.

Exclusive Perks for Referral Program Participants

Users who join the referral program will receive exclusive perks such as guaranteed access to one free minting opportunity during the global launch and Binance Beta Tester Membership. Additionally, they will get 500 unique AI-generated cats and dogs as part of their rewards from the Bicasso NFT collection.

Launch Date & Time

The Web3 leader is prepared to welcome more users starting March 29th at 12:00 pm UTC for a period of 12 hours until March 30th – all on a first come first served basis, both existing and new users included in this offer.

Successful Test Run

Bicasso was launched in beta with limited user access on March 1st and demand for this service skyrocketed with 10 000 NFTs generated three hours after its launch. Despite restricted access, the website struggled to keep up with heavy user loads going viral within hours after launch.

Potential Lawsuit from US Regulator

Despite successful test runs, Binance is currently facing a lawsuit from a major US regulator that claims that it has been illegally operating in the US market – potentially putting an end to these plans..

• HeartX, formerly known as ArteX, has launched a web3 marketplace and community to revolutionize the digital art industry.
• The platform provides a secure, immersive, and transparent space for creating, sharing, and trading digital artworks.
• HeartX’s Vote-to-Earn system allows users to show their taste and support, earning tokens as a reward.

HeartX Launches Web3 Marketplace

HeartX, previously known as ArteX, has recently rebranded and unveiled a groundbreaking web3 marketplace and community that empowers artists, collectors, art consultants and art lovers to redefine the value of digital art. The HeartX platform provides a secure, immersive, and transparent space for creating, sharing, and trading digital artworks.

Vote-to Earn System

The unique voting system enables users to rate by voting on digital art pieces with both the most and least favored pieces resulting in token earnings. This feature fosters closer ties between creators, collectors, and art lovers while creating an interactive environment within the ecosystem. Additionally there are two types of tokens for the platform-the governance token $HTX and utility token $HNX which encourage users to unlock new opportunities for growth.

First Season Launch

The team announces the launch of HeartX’s first season which introduces features designed to enhance user engagement and incentivize participation within the ecosystem. With its ‘vote-to earn’ model customers can earn tokens by voting for artwork displayed on the platform – rewarding both creativity from artists as well as feedback from consumers.

Team & Partnerships

Heartx is composed of professionals with diverse experiences united by their passion for creating an accessible environment worldwide. They have partnered with some of the most innovative teams in the web 3 space such as Ethereum foundation with more partnerships expected soon upon launch.

Conclusion

Heartx is revolutionizing how digital arts are valued through its interactive online platform that rewards users who actively engage within it’s ecosystem through its vote-to-earn model – fostering closer ties between creators , collectors ,and art lovers alike . Meanwhile , they have also assembled a team of seasoned professionals dedicated to providing an accessible environment worldwide .

• Shiba Inu (SHIB) lost the key support level maintained since January 14th, 2023.
• The SHIB Token team plans to release the Shibarium Public Beta this week.
• BONE, the gas fee token for Shibarium, also plunged 10% as bears returned.

Shiba Inu (SHIB) Plunges 10%

The bears of the prolonged crypto winter have returned to do a number on the popular Japanese guard dog-themed cryptocurrency Shiba Inu (SHIB). As the global crypto market cap falls short of $1 trillion once again, SHIB lost a multi-month fundamental support level and added a zero to its price. At press time, SHIB trades at $0.00000973 according to CoinGecko and has dropped 8.5% in value over the last 24 hours and 30% since last month.

BONE Plummets

Shibarium’s intended gas fee token Bone ShibaSwap (BONE) also plunged by 11.3% in the last 24 hours and 15.2% since last month. At the time of publication, $BONE dropped out of the TOP 100 by global market capitalization once again to occupy #105 and now trades at $1.55 according to CoinGecko.

Shibburn Tokens Set Ablaze

In order to fight the bear market, the community, known as SHIB Army, contributed towards maintaining SHIB’s price by burning desired amount of tokens on Shibburn. Today a whopping 85,682,280 SHIB tokens were set ablaze breaking record for largest burn transaction this year on Twitter.

Upcoming Upgrades for SHIB

Caught up in bull trap Shiba Inu is trying regain momentum with few highly anticipated upgrades: Firstly most of community is waiting for Shibarium Public Beta which developer team confirmed will drop this week; secondly Shiba Inu’s metaverse project SHIB: The Metaverse is featured upcoming SXSW Experience Austin Texas which could be turning point for ecosystem previously only conceptual artwork had been revealed so far .

Conclusion

The entire crypto market is facing immense pressure due to bearish sentiment and it looks like some coins are still struggling against it despite best efforts from loyal communities such as that of Shiba Inu’s SHIB Army who are trying hard to maintain their coin’s price through burning tokens on Shibburn platform but overall situation doesn’t look very positive right now however if upcoming upgrades turn out successful then things can change drastically over coming weeks or months .

• Chiliz have launched an incubator for early stage projects and have invested $50M into it.
• The native CHZ token failed to reclaim the $0.15 support line for a month and has lost a significant market cap since the birthday celebration.
• Chiliz 2.0 is preparing to roll out pilot systems for NFT tickets and plans on launching mainnet in the next couple of weeks

Chiliz Launches Incubator

Chiliz has launched an incubator and accelerator programme, Chiliz Labs, which will be backed by crypto investment fund Jump Crypto. This programme will provide developers with a stipend if they are building an-early stage product on the new blockchain.

CHZ Token Struggles

The leading sports blockchain, Chiliz (CHZ), has been in the crypto game for five years and provided many top soccer clubs with sports fan tokens via Socios.com. Unfortunately, CHZ native token failed to reclaim the $0.15 support line for a month and has lost a significant market capitalization since its birthday celebration. At press time, the #72 ranked Chiliz (CHZ) trades at $0.126757, according to CoinGecko.

NFT Ticket Pilots & Games

In celebration of its fifth anniversary, Chiliz released their exclusive Chiliz Anniversary Pepper NFT collection as well as announced plans to roll out pilot systems for NFT tickets. Additionally, they partnered with FC Barcelona in August 2022 and invested $100 million into Barca’s Web3 ventures which will be powered by Layer-1 EVM-compatible blockchain when it launches mainnet in the next couple of weeks..

WOLF ALPHA Takes Note

WOLF ALPHA took note of all these developments saying that „Chiliz is barely mentioned these days“ but that “It may do well in Mar” due to its upcoming launch of L1 WEB3 Sports Blockchain coming up on March 2021 as well as their newly announced incubator program worth $50M USD .

Conclusion

Overall this article takes us through all recent developments made by Chiliz (CHZ). We saw how they launched their incubator program worth $50M USD , how their CHZ token struggled during FIFA World Cup ’22 but also how they are planning on rolling out pilots of NFT tickets soon as well as launching mainnet in the next couple of weeks . All these developments were taken note by WOLF ALPHA who believes that “It may do well in Mar” .

• Floki (FLOKI) made a 335% surge in the last month, entering into the TOP 100.
• Whales on Binance Smart Chain (BSC) are actively accumulating FLOKI and Shiba Inu (SHIB).
• KuCoin and OKX have listed FLOKI against several currencies, resulting in a 62% boost after Elon Musk’s tweet.

Floki Surges 335% to Enter TOP 100

The Viking-themed memecoin Floki skyrocketed by 335% over the past month, climbing into the TOP 100 list of cryptocurrencies. Both whales on Binance Smart Chain (BSC) and Ethereum (ETH) are ardently accumulating FLOKI and its rival canine coin Shiba Inu (SHIB).

Floki Listing Boosts Price by 62%

Two major crypto exchanges based in Seychelles have recently accepted Floki – KuCoin and OKX. KuCoin is currently trading FLOKI against USDT (Tether) and USDC (USD Coin), while OKX offers savings, perpetual, and futures for trading with Floki as well. After these listings, the price of Floki surged 62%, following an even greater 335% bull run for the past month. Furthermore, at the time of publication, Floki has reached 44,000 holders on both BSC & ETH combined.

Elon Musk’s Tweet Influences Floki Price

The most influential boost for Floki came from Elon Musk’s satirical tweet that declared Shiba Inu mascot dog as Twitter’s new CEO. This gave a great advantage to all three dog-themed tokens: Dogecoin (DOGE), Shiba Inu (SHIB), and especially Floki – which was named explicitly in the contract visible in Tesla CEO’s post. As a result of this announcement, when combined with its recent listings, Floki soared up to secure #99 spot among global market cap leaders overnight.

Whales Double Down on SHIB & FLOKI

Despite a slight market correction sending FLOKI down 10%, it is back to winning with 8.1% gains within 24 hours since then. However, compared to Ethereum whales who favor SHIB more than any other cryptos they hold – including Dogecoin – BSC whales are actively racking up their positions with FLOKI more than anything else on their portfolios among TOP 1K tokens listed there; even surpassing Polygon (MATIC), Filecoin (FIL), DOGE or SHIB itself.

Conclusion

The market surge of memecoins such as Dogecoin or Shiba Inu has been around for some time now but none can compare to this month’s impressive performance of the newcomer – Viking-inspired doggo token called ‘Floki’ which made its way into top 10 rankings due to huge demand from investors across both major chains – BSC & ETH – putting it ahead of MATIC & FIL as well as DOGE & SHIB itself thus far!

Lido DAO Proposes Selling or Staking Its $30M in ETH

• Lido DAO is a governing body behind the largest Ethereum staking provider.
• It proposes to sell or stake its 20,304 ETH (worth around $30 million) currently held in the treasury.
• If Lido DAO decides to sell the ETH, it will be used to secure additional runway in current market conditions.

Current Situation of Lido DAO

Lido DAO (LDO), the governing body behind the largest Ethereum staking provider, is considering what to do with its treasury ether ahead of Shanghai upgrade which will enable ETH staking withdrawals. On February 14, Steakhouse Financial, the branch responsible for managing the treasury proposed three plans concerning their 20,304 ETH and surplus stETH holdings. The 20,304 ETH is worth around $30 million and if sold for a stablecoin, would provide additional funds to secure runway in current market conditions. The DAO also holds $20.1 million in DAI and has a monthly run rate of $1.3-$1.5 million. As an alternative option, Lido DAO might decide to sell part of their ETH and stake what’s left instead.

ENS DAO Proposal

Ethereum Name Service (ENS) DAO recently passed a proposal to sell 10,000 ETH ($13 million). This was done as they wanted to decrease their exposure to ETH which had made up almost 100% of their treasury holdings at that time.

Voting on Proposals yet To Start

The voting on these proposals has not started yet as Lido continues assessing various options regarding what should be done with their treasury holdings before Shanghai upgrade releases staking withdrawals feature.

Conclusion

As users may find it interesting how Lido manages its treasury and adjusts itself according to current environment in crypto world; this article provides information about how one can make use of selling/staking decisions for betterment of overall financial situation for oneself or organization alike .

• CoW Swap, a decentralized exchange (DEX), was the latest victim of a DeFi exploit with the hacker stealing over $180,000 worth of crypto.
• The hacker exploited a smart contract in the “solvers competition” of CoW Swap.
• Despite the exploit, CoW Swap says neither the protocol nor its users suffered any loss as they did not hold user funds and solver’s bond will pay for all damages.

Exploit on CoW Swap DEX

CoW Swap, a decentralized exchange (DEX), has become the latest DeFi protocol to be exploited after a hacker drained a settlement contract containing its protocol fees, looting over $180,000 worth of crypto.

Details of Exploit

The exploit which happened yesterday was first spotted by an on-chain sleuth MevRefund and confirmed by the CoW Swap team. According to CoW swap, the hacker exploited „an external solver and used it to drain the settlement contract, which held seven days‘ worth of protocol fees.“ The blockchain analytical firm Nansen reported that roughly $180,000 was stolen by consolidating funds into two wallets containing $123,000 DAI, $50,000 BNB, and $7400 ETH.

No Losses for Protocol or Users

Despite confirming the exploit happened in their system ,the team noted that none of its users were affected as they didn’t hold user funds . The team also noted that no funds were stolen from the protocol during this exploit . While over $180k was confirmed stolen ,the Cow swap team explained that solver’s bond would pay for all damages meaning no direct loss to their protocol.

How Was It Exploited?

Cow swap engages in a so-called “solver competition” where external parties compete to find best execution route for their user’s transactions .The team said exploiter entered this competition 10 days ago . By exploiting smart contract they allowed anyone to transfer from settlement contract & tricked GPv2Settlement contract to approve SwapGuard for DAI spending and returned back to trigger SwapGuard & transfer DAI from GPv2Settlement contract .

Conclusion

This is another incident highlighting vulnerabilities present in DeFi protocols & need for extra security measures even if these protocols say they are secure . We can only hope more such incidents don’t occur and developers continue making sure their protocols remain secure from hackers.

• North Korean hackers have attempted to launder additional $27 million in Ethereum (ETH) from the Harmony Bridge attack.
• The funds were sent to six exchanges using three main wallet addresses and some of the assets were frozen.
• The FBI recently confirmed that two groups of North Korean government hackers, the Lazarus Group and APT38, were behind the $100 million Harmony Bridge heist.

North Korean Hackers Launder Additional Funds

North Korean hackers responsible for the Harmony Bridge attack have attempted to launder an additional $27 million in Ethereum (ETH). ZachXBT, a Crypto Investigative Researcher, reported via Twitter on January 29th that two main wallet addresses had been used to move 17,278 ETH worth about $27 million from the exploit.

Exchanges Freeze Some of Assets

Upon receiving notification from ZachXBT, some exchanges acted quickly and part of the stolen assets were frozen. However, it is still unknown how much was frozen as each exchange has not disclosed exact details.

FBI Confirms North Korean Government Behind Exploit

The FBI recently reported that last year’s $100 million hack of Harmony Bridge was carried out by two groups of North Korean government hackers: the Lazarus Group and APT38.

Previous Attempts to Launder Funds

Previously, on January 13th, 2021 the Lazarus Group moved 41,000 Ether ($63.9 million) from this exploit in a similar manner as this recent attempt at laundering funds.

Conclusion

This incident serves as an example of how efforts are being made by law enforcement agencies around the globe to combat cybercrime and money laundering activities related to cryptocurrencies like Ethereum (ETH).

• Aave (AAVE) has deployed its third version of the protocol (V3) on the Ethereum mainnet.
• V3 introduces new risk mitigation features, improved capital efficiency, and decentralized liquidity.
• The upgrade also focuses on gas optimization, reducing gas costs across all functions by 20-25%.

The decentralized finance (DeFi) lending and borrowing platform Aave (AAVE) has recently deployed its third version of the protocol (V3) on the Ethereum mainnet. This is a major milestone for the platform, as it marks the most significant upgrade to the Aave protocol since its launch in January 2017.

The new version of Aave introduces new risk mitigation features, improved capital efficiency, and decentralized liquidity. In particular, High-Efficiency Mode allows users to increase their capital efficiency when staking or borrowing. Isolation Mode also allows for more assets to be listed on Aave as collateral while keeping the security of the protocol.

The upgrade also focuses on gas optimization. By reducing gas costs across all functions by 20-25%, Aave V3 is able to improve the scalability of the protocol. Additionally, the upgrade was first deployed on Ethereum Layer-2 networks like Optimism, Polygon, Arbitrum, and Layer-1 blockchain Avalanche before being deployed on the mainnet.

The Aave DAO voted unanimously in favor of the proposal to deploy Aave V3 on Ethereum. After the deployment of the upgrade, Aave’s governance token AAVE remained flat. It’s currently trading at $88.12.

Aave founder and CEO Stani Kulechov commented on the new upgrade, stating, “The most exciting aspect of V3 is its flexible design, which enables a variety of new risk mitigation features, and its improved capital efficiency & decentralized liquidity – all while reducing gas costs.”

Overall, the deployment of Aave V3 on the Ethereum mainnet is a major milestone for the platform. With its improved risk mitigation features, improved capital efficiency, and gas optimization, Aave V3 is sure to improve the scalability and usability of the platform.

• The inaugural Crypties Awards were held on November 30th, 2022 in Miami.
• The award for Game of the Year went to Crypto Unicorns, which was accepted by Katrina Wolfe.
• Web Summit 2022 in Lisbon featured a panel with Tezos co-founder Kathleen Breitman on how Tezos was ahead of the proof-of-stake merge.

On November 30th, 2022, Decrypt Studios held their inaugural Crypties Awards in Miami, Florida. The event was an opportunity for the crypto world to come together and celebrate the achievements of the past year. The awards ceremony was hosted by Josh Ostrovsky, also known as “The Fat Jewish” and featured a variety of presenters from different crypto projects. The night was sponsored by Polygon, Filecoin Foundation, Lamina1, Async, BeetsDAO, The Gold Mask, Gem Set, Breakout, Anonymous, Infinite Objects, Ape Water, Decentralized Pictures, and Vault 721.

At the awards show, Katrina Wolfe accepted the Cryptie for Game of the Year on behalf of Crypto Unicorns. The other nominees in the category were Stepn, Zed Run, and Blankos Block Party.

There was also a panel from Web Summit 2022 in Lisbon featuring Tezos co-founder Kathleen Breitman. She spoke about how Tezos has used a proof-of-stake mechanism since its inception, her admiration for Tendermint, Ethereum and sharding, progressive decentralization, and NFT gaming with Decrypt’s Stephen Graves.

Additionally, at 0xpo Summit in San Francisco, a panel was held with Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, Sarah Guo of Conviction and formerly Greylock, and Alex Strzesniewski of AngelBlock. They discussed raising venture money even during Crypto Winter.

The Crypties Awards provided an opportunity for the crypto world to come together and celebrate the achievements of the past year. It was a night of recognitions, panels, and awards for the most innovative and successful projects in the industry. With the support of many sponsors, the event was a resounding success.