Including

Verofax secures $3M in Bridge funding to deploy AI & AR experiences to tourists and sports fans

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Time Stamp: August 27, 2024 9:45 AM - Modified On: August 27, 2024 - Published By:
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Republished By Plato

  ABU DHABI, UAE, Aug 27, 2024 - (ACN Newswire) - Verofax Limited, a Web3 services company, today announced closing a $3M bridge round led by international investors Plug & Play Tech Center, Navig8 Group, King Abdullah University for Science and Technology, Trove Capital UK follow-on investment, Jawa Brothers Advisory, with Alzamil Pedco CVC and Tracecore CVC completing the list of investors. Verofax applies patented Web3 technologies such as Blockchain, Augmented Reality and Artificial Intelligence to provide 'Elevated tourist, shopper and brand marketing experiences', enabling destinations, retailers and sports stadiums

SMCE (OTC:SMCE) Announces Launch of Chaintrade, its AI-Powered Platform Revolutionizing Data Intelligence in Capital Markets.

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Time Stamp: August 20, 2024 4:00 PM - Modified On: August 20, 2024 - Published By:
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August 20, 2024 Boca Raton – SMCE, a pioneer in financial technology, proudly announces the launch of Chaintrade.ai, an advanced AI-powered platform designed to revolutionize data intelligence for the capital markets. With a suite of vertically focused AI applications, Chaintrade.ai is set to transform how investors, analysts, and financial institutions access, analyze, and leverage market data, driving smarter decisions and fostering innovation across the industry. From Acquisition to Commercial Deployment in 60 Days. Chaintrade, which was formed as a Joint Venture between RedMatter Capital & Plato AI was acquired by

Quranium Launches its NextGen Innovators Program

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Time Stamp: August 9, 2024 1:23 PM - Modified On: August 9, 2024 - Published By:
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Dubai, UAE / August 9, 2024; Quranium, the world’s first hybrid quantum-proof Distributed Ledger Technology (DLT) infrastructure, is excited to announce the launch of its NextGen Innovators Program. This initiative seeks to recruit 50 talented individuals from across the globe eager to delve into the realms of DLT, blockchain, quantum technology, and global innovation. The program offers participants the chance to challenge themselves, explore new possibilities, and grow both personally and professionally, all while shaping the future of technology. Application Process Applications Open: 9 August 2024 Application Deadline: 23 August

Fabwelt & Blockpass Jointly Build Trust, Fight Fraud in Blockchain Gaming

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Time Stamp: July 31, 2024 7:18 AM - Modified On: July 31, 2024 - Published By:
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HONG KONG, July 31, 2024 - (ACN Newswire) - Fabwelt and Blockpass are delighted to announce a partnership as the blockchain game ecosystem secures its WELT gamingverse against the threat of fraud and other illicit activity. In doing this, Fabwelt continues its mission to create a level playing field for the diverse range of high-end and casual games where players can seamlessly interact with digital assets and can enjoy all the benefits of blockchain in a gaming environment. Seeking to redefine gaming in the virtual space, Fabwelt is creating the

Speculation on the Bad Actors Behind the Compound Finance Exploit: Who’s Really to Blame?

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Time Stamp: July 29, 2024 12:29 PM - Modified On: July 29, 2024 - Published By:
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The recent governance exploit on Compound Finance, leading to a staggering $25 million loss, has sparked a fierce debate within the crypto community. Who are these elusive perpetrators, and what are their motives? While concrete evidence remains elusive, we can delve into the murky waters of speculation, examining potential bad actors and their motivations. Brace yourselves—this analysis is bound to stir strong opinions. Potential Bad Actors: Who Could Be Behind the Exploit? Insider Threats: The Betrayers Within Understanding of the System: Let’s not kid ourselves—those with insider knowledge of Compound

Compound’s Hack Cause for Reflection: Understanding the Past, Present, and Future Implications for DeFi and Crypto.

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Time Stamp: July 29, 2024 11:50 AM - Modified On: July 29, 2024 - Published By:
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Compound Finance, one of the most prominent platforms in the decentralized finance (DeFi) space, has recently experienced a significant security breach, resulting in a $25 million loss. This event is not an isolated incident; Compound has faced several notable hacks and exploits over the years. Each of these incidents has not only impacted the platform but has also revealed critical vulnerabilities and posed significant challenges for the broader crypto ecosystem. This article explores the details of the recent governance exploit, reviews previous hacks, and discusses the broader implications for DeFi

How the Compound Finance Governance Exploit Happened. The $25 Million Governance Exploit.

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Time Stamp: July 29, 2024 9:18 AM - Modified On: July 29, 2024 - Published By:
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Compound Finance, a pioneering decentralized finance (DeFi) platform, has recently been in the spotlight for a significant governance exploit resulting in a $25 million loss. This incident is not isolated; Compound has faced multiple security breaches over the years, each revealing vulnerabilities within the DeFi ecosystem. This article delves into the details of the recent hack, examines previous security breaches, and discusses the broader implications for Compound and the cryptocurrency industry.  The Incident On July 28, 2024, Compound Finance was hit by a governance exploit orchestrated by a group known

SMC Announces Exchange of $516,004 of Debt to Preferred Equity

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Time Stamp: July 24, 2024 11:09 AM - Modified On: July 24, 2024 - Published By:
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BOCA RATON, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- SMC Entertainment, Inc. (“SMC” or the “Company”) (OTC: SMCE), a versatile incubator company focused on acquisition and support of proven commercialized financial services and technology (Fintech) companies, is pleased to announce the exchange of $516,004 of debt in the form of convertible promissory notes (the “Debt”) for Series D Preferred Shares (“Preferred Shares”). The Debt exchanged to Preferred Shares will be reflected in the Company’s third-quarter 2024 financial statements. The Debt is comprised of $516,004 held in two previous convertible notes;

Standard Chartered GBA business confidence survey shows sentiment holding up

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Time Stamp: July 8, 2024 9:54 AM - Modified On: July 8, 2024 - Published By:
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Findings highlight sustained growth momentum HONG KONG, July 8, 2024 - (ACN Newswire) - Standard Chartered and the Hong Kong Trade Development Council (HKTDC) today released the Standard Chartered GBA Business Confidence Index (GBAI) for the second quarter of 2024. The “current performance” index for business activity remained largely unchanged in Q2 at 54.1, compared to 54.3 in Q1, and near its strongest level since Q2 of 2021. The GBAI “expectations” index rose to 54.8 in Q2 from 54.0 in Q1, registering its first rise in five quarters. The figures

SMC Completes Asset Purchase of UK-registered ChainTrade Ltd.’s AI-powered Trading Platform

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Time Stamp: June 21, 2024 8:15 AM - Modified On: June 21, 2024 - Published By:
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Boca Raton, FL – June 21, 2024 - SMC Entertainment, Inc. ("SMC" or the "Company") (OTC: SMCE), a versatile incubator company focused on acquisition and support of proven commercialized financial services and technology (Fintech) companies, is pleased to announce the closing of the acquisition of ChainTrade Ltd’s AI-powered Trading Platform (the “Platform”). ChainTrade, a UK-registered Fintech company, is a joint Venture between Plato Data Intelligence and Redmatter.Capital. ChainTrade has developed its Platform to allow users to trade Equities, ETFs, Commodities, and Indices with the support of a personalized AI-powered trading

GDA Capital & Coinweb Launch The Next Top Blockchain Startup Competition with a $200k+ Prize Pool to Fuel Innovation and Growth in Web3.

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Time Stamp: June 20, 2024 6:43 AM - Modified On: June 20, 2024 - Published By:
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  Toronto, ON, GDA Capital and Coinweb are excited to launch the "Next Top Blockchain Startup" Competition for Summer 2024, and with multiple developer tracks from blockchain infrastructure partners. The competition boasts an impressive prize pool of $200,000 USD, with more prizes likely to be secured leading up to the event. Over the four weeks of July, entrepreneurs will benefit from an educational program designed to build thriving businesses and will have the opportunity to secure vital funding by pitching their business in a live case competition setting. The Next

Beginner’s Guide to Disposable Vaporizers: Choice and Use

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Time Stamp: June 17, 2024 1:00 PM - Modified On: June 17, 2024 - Published By:
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Disposable vaporizers are becoming an increasingly popular choice among those looking to experiment with vaping without the commitment of more advanced devices. These devices are known for their ease of use, as they are sold pre-filled with e-liquid and require no charging or maintenance. Once their contents or their battery are used up, they can be disposed of. As affordable and easy-to-use products, disposable vaporizers offer a practical solution for beginners or occasional users. With the market offering a variety of flavors and nicotine levels, they lend themselves to meeting