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Fantom Foundation awards $1.7M bounty for preventing $170M drain

The Fantom Foundation, a nonprofit organization developing the Fantom blockchain platform, has eliminated a significant vulnerability after a $550,000 hack in October.On Oct. 17, the Fantom Foundation suffered a hot wallet hack, with an unknown attacker draining 1% of Fantom Foundation’s funds. The foundation subsequently stopped using some of the

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Financial Supervisory Commission of Taiwan awards first securitized token license

Taiwan's financial watchdog, the Financial Supervisory Commission (FSC), has awarded the country's first security token offering (STO) license to Cathay Securities.According to local news reports on Nov. 9, Cathay received regulatory approval for its "Sunshine Green Yield" STO bonds with a time to maturity of six years, initial annual interest

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Starknet Foundation Awards 50M STRK Tokens to Early Contributors

Mandates for the foundation, which is overseen by a seven-member board that includes StarkWare co-founder and President Eli Ben-Sasson, include "fostering the community of Starknet users, developers and researchers" along with "overseeing the continued development of the network and advancing research," according to a blog post at the time. Source

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U.S. Court Awards Default Win to SEC Against Thor Token Company and Founder David Chin

The court has barred Thor and Chin from participating in any crypto asset securities offering and ordered a disgorgement of $744,555 with prejudgment interest of $158,638.06. The order does not prevent Chin from purchasing or selling securities, including crypto-asset securities, for his own personal account. Original Source

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Singapore awards major payment institution license to Sygnum Bank subsidiary

Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, received a license to offer crypto brokerage services to accredited investors and institutions in Singapore.On Oct. 3, Sygnum Singapore announced receiving its Major Payment Institution Licence (MPIL) from the Monetary Authority of Singapore (MAS). Speaking to Cryptox, a Sygnum Singapore spokesperson

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Aptos Labs Awards $50K Grant for Blockchain to Cornell University Professor

This university’s partnership with Aptos will allow the current blockchain-based applications to take full benefit of the novel architecture.While the crypto winter has dimmed the charm of blockchain technology and reduced some of the most popular crypto companies to ashes, the vitality of blockchain technology continues to hold the crypto

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Bitget Announces Winners of Hero Trader Awards 2022 – Press release Bitcoin News

press release PRESS RELEASE. VICTORIA, Seychelles — Bitget, a leading cryptocurrency derivatives exchange, has announced the winners and conclusion of its Hero Trader Awards 2022 competition. The event was organized to select the best 15 copy traders with high moral standards and professional qualities through community voting. The Hero Trader Awards

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Big Time and other Web3 games take home the gold at the inaugural GAM3 awards

Web3 gaming awards event the GAM3 Awards, hosted by Polkastarter Gaming, announced 16 winners at a live event on December 15. According to an announcement shared with Cryptox, prize winners will share over $1 million in prizes sponsored by companies such as Immutable X, Blockchain Game Alliance, Machinations, Ultra, Naavik, Galxe, Hacken,

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