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  Fallout from the Collapse of Centralized Exchange FTX In early November 2022, FTX, the world’s second-largest exchange for cryptocurrencies and digital assets, was valued above US$30 billion. On 14th November 2022, FTX, along with 130 other affiliated companies founded by CEO Sam Bankman-Fried, filed for bankruptcy. The dramatic and messy collapse of FTX sent shockwaves around the entire industry. Reports and rumours are now flowing in with details of mismanagement and abuse perpetuated by those at the top. According to CNBC, Bankman-Fried spent ‘substantial amounts of money’ on luxury unrelated…

News update: Alyx Chain plans to support multiple popular programming languages such as C++, Java, Python, Go, Rust, Move and more for its Software Developer Kits (SDKs).   Programming languages are the keystone of application development. Blockchains trying to attract a diverse group of developers to build in their ecosystem need to provide the necessary support and tools to cater to the different strengths of each developer. Some applications requiring the ability to define custom resource types are better built on Move, others can leverage on Go’s ability to spawn…

News update: Alyx Chain plans to support multiple popular programming languages such as C++, Java, Python, Go, Rust, Move and more for its Software Developer Kits (SDKs). Programming languages are the keystone of application development. Blockchains trying to attract a diverse group of developers to build in their ecosystem need to provide the necessary support and tools to cater to the different strengths of each developer. Some applications requiring the ability to define custom resource types are better built on Move, others can leverage on Go’s ability to spawn and…

According to sources, Singapore’s green travel M2E application MotorN plans to launch a global alliance of Web3 innovative companies in the New Year and launch its first alliance program, namely the Global Sunshine Action Plan, which raises funds to be used mainly for public welfare causes such as reforestation, education and poverty alleviation, post-disaster relief and post-war reconstruction in countries and regions in dire need around the world to promote a better and harmonious existence and sustainable development of human beings. MotorN plans to allocate 5% of its annual profits…

Fast deliver The Product Launch Event hosted by Fintoch on Oct.28th was a success. The event took place located in Los Angeles Downtown. It attracted hundreds of crypto founders and enthusiasts to gather. In the event, Fintoch announced its plan for Fintoch public chain internal testing by the end of December 2022. — The first offline product launch meeting hosted by Fintoch in Los Angeles downtown was a huge success! Fintoch officially announced its goal to build a financial public chain that would take human society forward. It is worthy to look forward to the community…

World Cup 2022 is less than a month away and we are sure that you are as pumped up as us for this special event! Covid have hit us badly for the past few years and we are sure that World Cup 2022 will bring back the joy and festive mood in all of us! To celebrate WC2022, FMEX has previously announced the collaboration with Borussia Dortmund (BVB) on the release of an exclusive set of NFTs based on their soccer players. The official launch and mint date is set…

Established by Morgan Stanley and DF Technology Company, Fintoch is P2P blockchain finance platform funded in March 2022. Aiming to be the “Decentralized Bank” in DeFi 2.0, Fintoch offer features including lending/borrowing, and low-risk investing in designated DEXes. More importantly, the short-term loan financing and short-term leveraged lending give users the options to engage in different level of risk exposure and capital utilization. It’s clear to see that Fintoch being a money market, is experimenting with the design of under-collateralized loan and short-term leverage financing. Undoubtedly, money market is the…