#BlocklikeNews Sango, a national encryption project created in the Central African Republic, stated on social platforms that the country’s legislative body has passed the Tokenization Law, approving the tokenization of land and natural resources. Additionally, the law sets the stage for streamlined online business license and e-visa applications for domestic and international companies. Once the license is obtained, businesses can operate using blockchain on the Sango platform, the Sango team said.

#BlocklikeNews Multi-chain NFT market BlueMove officially stated that because the transaction volume on Sei did not meet expectations, BlueMove will stop operations on Sei Network at 12:00 on August 31, Beijing time. BlueMove kindly asks all users to delist their NFTs during this period to prevent any potential loss of assets.

#BlocklikeNews FTX plans to work with Galaxy to seek to sell, pledge and hedge $3 billion worth of its crypto assets in order to return USD assets to creditors. Galaxy will act as an advisor to FTX to maximize the value of asset sales, while staking assets and hedging against Bitcoin and Ethereum to reduce the risk of potential price declines.

#BlocklikeNews #Visa stopped issuing new co-branded cards with Binance in Europe as of July. In addition, #Mastercard and #Binance will end their four crypto card programs in Argentina, Brazil, Colombia, and Bahrain as of Sept. 22, a spokesperson for Binance said.

#BlocklikeNews FOX Business reporter Eleanor Terrett tweeted,#Prometheumresponded to U.S. Republican lawmakers’ questions about its crypto broker-dealer license, stating that Prometheum’s technology is designed to develop digital asset securities market infrastructure that complies with federal securities laws. This technology will become the cornerstone of a compliant, orderly digital asset securities market that protects investors and serves their best interests.

#BlocklikeNews Crypto lending platform#BlockFiand its affiliates stated that the bankruptcy plan disclosure statement has been conditionally approved by the Bankruptcy Court for the District of New Jersey and has become effective on August 2. The plan is designed to maximize the recovery of funds for customers and provide customers with To return customer funds as quickly as possible, all parties entitled to vote are advised to accept the plan before the September 11th voting deadline.

#BlocklikeNews BSC ecological stablecoin project Helio Protocol received a US$10 million investment from Binance Labs to help the protocol continue to transform into a liquidity staking platform. The new funding will also help the platform expand to other networks, including Ethereum, Arbitrum and zkSync.

#BlocklikeNews Blockchain security agency Chaos Labs launched two proposals on the Aave Governance Forum to address the systemic liquidation risk posed by Curve founder Michael Egorov’s large lending positions on Aave. Among them, one AIP proposal proposes to disable CRV lending on Ethereum and Polygon V3, and another proposal proposes to reduce the CRV liquidation threshold (LT) on Aave V2 Ethereum by 6%. The current support rate for both proposals is 100%.

#BlocklikeNews The US$140 million economic dispute between DeFiance Capital and Three Arrows Capital liquidator Teneo is set to be heard in Singapore. It is reported that the dispute involves assets managed by DeFiance Capital. Although the fund operates independently from Three Arrows Capital, it is still part of the latter's corporate structure.

The liquidators argued the funds should be included as part of Three Arrows Capital's assets and distributed to creditors, while DeFiance Capital claimed the funds should be handled separately and returned to its own investors, court documents show.

Within 24 hours after 7948673909#SEIwent online, significant price differences occurred on multiple exchanges.

#BlocklikeNews #Celsius, its creditors, and its Series B holders have agreed on a settlement to distribute $25 million from the proceeds of the sale of #GK8 to the shareholders, with $24 million allocated for legal expenses and $1 million to be distributed amongst the group.

#BlocklikeNews NFT music royalty market MasterExchange completed US$2.7 million in financing, with participation from Vectr Fintech, Claes-Henrik Julander and Rob Small. MasterExchange has launched its first Initial Music Release (IMO) product, Sofia, and sold out.

MasterExchange, co-founded by artificial intelligence and blockchain expert Alexander Fred-Ojala, allows music creators to raise funds to support pre-production by selling a portion of their future income (i.e. music royalties), with more expected to launch this fall IMO . According to the MasterExchange official website, royalty shares are tradable assets on the MasterExchange platform. Each royalty share is associated with an NFT on Polygon and is unique. However, the NFT is held by an external encryption custodian, and users will not directly interact with the NFT when using MasterExchange. Interaction.

#BlocklikeNews #RippleCEO Brad Garlinghouse tweeted that protecting retail investors is an important topic. The U.S. Securities and Exchange Commission (SEC) has created this chaos, claiming to be the police of the crypto space, but in fact it has no legal jurisdiction. Garlinghouse said legislation, not more enforcement, was the only way to provide clear rules and protect retail investors.

#BlocklikeNews According to WSJ, #Binance is reevaluating its Russian business, including the possibility of a full withdrawal from the market.

#BlocklikeNews The bankrupt crypto lending platform BlockFi stated on its social platform that the attack on bankruptcy claims agent Kroll also led to the leakage of some BlockFi customer data, but BlockFi’s internal systems and customer funds were not affected. Users are reminded to upgrade their security precautions and be wary of scams such as fraudulent emails.

#BlocklikeNews The official website of the Investor and Financial Education Council of Hong Kong published "Virtual Assets Beware of the Risks of Unlicensed and Overseas Trading Platforms", which notes that the SFC has not yet approved any virtual asset trading platform to provide services to retail investors, and most of the existing public accessible virtual asset trading platforms are not regulated by the SFC. Investors should be careful about the risks of unlicensed and overseas trading platforms.

#BlocklikeNews The listing application of Earlyworks Co., Ltd, a Japanese blockchain technology company that operates the proprietary private blockchain technology Grid Ledger System (GLS), was disclosed by the U.S. Securities and Exchange Commission and was announced on NASDAQ on July 25, local time. Dak is listed on the stock market under the stock code "ELWS". Earlyworks will issue 1,200,000 American Depositary Shares ("ADS") in an initial public offering (IPO) priced at $5 per share and is expected to raise $6 million, after deducting underwriting discounts and other related expenses.

#BlocklikeNews According to Eric Balchunas, senior analyst of Bloomberg exchange-traded funds, he disclosed on Twitter that according to the latest documents, 6 companies are currently applying for Ethereum futures ETFs. Following the application submitted by Volatility Shares yesterday, Bitise, Roundhill, VanEck, Proshares and Grayscale (Grayscale) also submitted Ethereum futures ETF applications on August 1, local time, namely Bitwise Ethereum Strategy ETF, Roundhill Ether Strategy ETF, Ethereum Strategy ETF, Proshares Short Ether Strategy ETF and Grayscale Ethereum Futures ETF (ETHG), the next deadline for the U.S. SEC to make a decision on the above applications is October 16. In addition, the next deadline for making a decision on the Volatility Shares application is October 11 day.

#BlocklikeNews Polygon Labs signed a cooperation agreement with South Korean telecom giant SK Telecom to jointly develop the Web3 ecosystem and seek Web3 startups worthy of incubation. SK Telecom's NFT market TopPort will also begin to support Polygon.

#BlocklikeNews The U.S. Securities and Exchange Commission (SEC) sued Richard Schueler, also known as Richard Heart, for allegedly selling unregistered securities in violation of federal securities laws. Richard Heart is the founder of Pulsechain, PulseX and Hex projects. Heart, which raised more than $1 billion by selling tokens for the projects, according to the SEC, has previously made comments suggesting Hex's value would increase. The SEC alleges that Richard Heart defrauded investors by misappropriating at least $12 million in client funds for personal purchases of luxury goods rather than developing protocols.