ApeCoin DAO members are voting on a proposal to establish a themed hotel in central Bangkok, Thailand. The hotel would feature rooms inspired by APE tokens, the BAYC NFT collection, Otherside, Apechain, Mocaverse, and more.
These new tokens are designed to circumvent the upcoming European Markets in Crypto-Assets Regulation (MiCA), effective June 30, 2024.
US SEC documents reveal that Montenegrin Prime Minister Milojko Spajić invested €75,000 (around $80,000) for 750,000 Terra (LUNA) tokens in April 2018. At their highest value, these tokens would have been worth about $90 million.
Gaming project ZKasino has initiated a 72-hour registration window for anyone wishing to return their ZKAS tokens and reclaim their ETH investments. Following this period, the developers will verify and publish a list of wallets eligible for an ETH refund to facilitate community discussion.
Polychain Capital has accused its former general partner, Niraj Pant, of secretly arranging a deal with cryptocurrency project Eclipse Labs, where he received tokens without informing the company. According to internal documents from Eclipse, Pant was allocated 5% of the tokens shortly after he recommended that Polychain invest in the project.
Bittensor, a decentralized network for AI systems, has reported a hacking incident on July 2 that resulted in the theft of $8 million worth of TAO tokens.
The Cardano mainnet was targeted by a DDoS attack in which the perpetrator attempted to overload the system by launching hundreds of smart contracts in an effort to steal staked tokens. However, the developers coordinated a response that successfully thwarted the attack, resulting in the hacker losing funds instead.
Sources from DLNews reveal that the L2 blockchain ZKsync developers have committed about 0.5% of all issued tokens to the decentralized social network Lens Protocol to ensure its launch on their platform. Although the precise number is undisclosed, it’s estimated to be around 100 million ZK ($22 million at current market value).
Chinese law enforcement has initiated its first criminal case related to the launch of cryptocurrency tokens, accusing student Yang Qichao of creating fake digital assets. Although the case resembles a common Rug Pull scam, he was charged under a different count due to legal ambiguities.