FINRA Charges Broker With Fraud for Trading Unregistered Cryptocurrency 2714

The U.S. Financial Industry Regulatory Authority (FINRA) has filed a complaint against Timothy Tilton Ayre, charging him with securities fraud and the illegal distribution of an unregistered cryptocurrency, according to a statement released on FINRA’s website Tuesday, September 11.

In the complaint, FINRA, overseen by the U.S. Securities and Exchange Commission (SEC), states that Massachusetts-based Ayre tried to lure investment to his public company, Rocky Mountain Ayre, Inc. (RMTN), by selling HempCoin, which he misrepresented as “the first minable coin backed by marketable securities.” The regulator writes that Ayre’s claims are “fraudulent, positive statements about RMTN’s business and finances.”

Furthermore, Ayre stated that HempCoin is a security backed by RMTN common stock, telling investors that each coin was equivalent to 0.10 shares. As a result, more than than 81 million HempCoin securities were mined in late 2017 and sold on crypto exchanges. As Ayre never attempted to register the coin, FINRA has decided to charge the RMTN head with the unlawful distribution of an unregistered security,

In addition to the above, from January 2013 through October 2016, Ayre reportedly made false statements about the nature of RTMN’s business and the creation and “unlawful distribution” of HempCoin, as well as making misleading claims in RMTN’s financial statements.

FINRA, which has started a formal proceeding against RMTN by filing a complaint, reminds the public in the statement that anyone named in a complaint can file a response and request a hearing. If FINRA admits there were violations, the firm or individual might get a fine, censure, suspension, or be barred from the securities industry.

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ODoge Solidifies its Place in Bitcoin and Memecoin History with Acquisition of First-ever DOGE Ordinal for 10BTC 3171

Every day in the crypto sector is marked by the advent of innovation. A recent innovation that has taken the crypto sphere by storm is the ‘Ordinals’. Within months of its inception, this unique invention has managed to allure a plethora of investors.

In January 2023, a renowned software engineer, Casey Rodarmor revived the lost glory of Bitcoin when he deployed the Ordinals Protocol on the Bitcoin Network. With this protocol, users can now create Non-fungible tokens (NFTs) on the platform. In simple words, Ordinals can be called ‘Bitcoin NFTs’.

Ordinal Dogecoin, the first-ever real memecoin on the Bitcoin blockchain, is pleased to announce to the oDOGE community that $oDOGE Emblem Vault has successfully acquired Ordinal Inscription #5768, the true first-ever DOGE on Bitcoin, in an OTC trade for the value of 10BTC in $oDOGE tokens, facilitated by a well-known Bitcoin OG and OTC intermediary.

The acquisition, which is the second-highest Ordinal sale to date, solidifies the $oDOGE token’s place in Bitcoin blockchain and memecoin history and is expected to fuel its growth and popularity in the coming months, forever marking a new era of Bitcoin meme culture.

Ordinal Inscription #5768, the first DOGE Ordinal EVER (as well as an extremely low mint Ordinal)

Ordinal Inscription #5768 will be held forever at the Emblem Vault address with the $oDOGE Logo Ordinal.

What does this mean for $oDOGE?

With the latest breakthrough, Ordinal Technology is expected to gain greater traction in the blockchain community, and $oDOGE is leading the way as a distinctive feature coin that is safe for mining, much like other well-known cryptocurrencies from JPEGs on Bitcoin and memecoin on Bitcoin Original. The blockchain compensates miners for their efforts by generating new Dogecoin each day.

The acquisition of the first ever DOGE ordinal for 10BTC by $oDOGE is a significant milestone in the development of the crypto sphere. It solidifies $oDOGE’s place in Bitcoin and meme coin history, and the team behind the token is committed to continuing to innovate and provide new features that meet the needs of its growing community.

A Quick Overview of oDOGE

The Ordinals Protocol, which was recently deployed on the Bitcoin Network, allows users to create non-fungible tokens (NFTs) on the platform. With the Ordinals Protocol, the $oDOGE token combines conventional and smart contracts on Ethereum to unlock the power of Bitcoin and create a distinctive feature coin that is gaining popularity in the crypto sphere.

The $oDOGE token has been fully fractionalized, wrapped, and integrated as an ERC-721 or ERC-20 token, allowing dApps and DEXes on ETH Miannet to interact with the original $oDOGE.

Moreover, Ordinal $oDOGE tokenomics is used to provide the token for tax and start liquidity. The token supply consists of 1,000,000,000,000,000 $oDOGand the users will pay a 0% tax while buying or selling $oDOGE.

In a quick recap of the first 5 days of oDOGE’s launch, 50% of the supply has been burnt, and 15 ETH in BURNED LP. $oDOGE saw a total of $30 million+ daily volume, with the total number of $oDOGE holders reaching 1,020.

oDODE has been gaining huge support from Bitcoin OGs, Memecoin OGs, and several blockchain influencers, and the oDOGE community is growing every day. Furthermore, with upcoming partnerships and marketing plans in the pipeline, oDOGE is set to reach newer heights in the coming weeks.

About the Project – Ordinal Dogecoin

Ordinal Dogecoin is a newly designed original memecoin created by combining ordinal and smart contracts on Ethereum. The ordinal technology unlocked the true potential of the Bitcoin Network in the way of $oDOGE. The $oDOGE is gaining popularity because of its unique features and secure transaction. It is designed by combining ordinal and smart contracts on Ethereum, which is entirely facilitated on the Bitcoin Blockchain.

Furthermore, potential investors and cryptocurrency enthusiasts interested in Ordinal Dogecoin can visit the project’s official website or check out their social platforms for more details.

https://odoge.co/

WEMIX PLAY’s First Fan Token MYRTLE exceeds 100m USD in market cap 3966

MYRTLE, the first Fan Token on WEMIX PLAY, exceeded 100m USD in market cap just one day after its minting.

Minted by the famous Philippines actress/blockchain game streamer Myrtle Sarrosa on the global no 1 blockchain gaming platform WEMIX PLAY, its initial price was 1WEMIX$ and market cap was 1000WEMIX$ on 27th Jan.

As of 1st Feb, it was traded at 13.6WEMIX$ and the market cap grew to 109m WEMIX$.

Fan Token is a new way for fans to support creators using blockchain technology. A performance-based tokenomics connects creators’ popularity with the rise of their tokens’ value, and both creators and fans can benefit from the result.

Users can buy and hold Fan Token to support their favourite creators. And creators get to manage their own Fan Tokens, minted by a high-water mark method. They can monetize it, share it with fans via airdrop, or use it for many activities including fan meetings and direct support to the communities.

High-water mark method, unlike usual tokenomics which automatically mint new tokens regularly, mints new tokens only when its 24-hour average price exceeds previous average price.

WEMIX will continue to collaborate with other creators to expand the Fan Token-based digital economy fan community ecosystem.

More information can be found on WEMIX PLAY official website. https://wemixplay.com/fan-token

About WEMIX

WEMIX is a blockchain gaming platform developed by WEMIX Pte. Ltd, providing services that include a cryptocurrency wallet, decentralised exchange, NFT marketplace, WEMIX token staking programme and the game gateway. WEMIX Pte. Ltd. is a subsidiary of Wemade, the developer and owner of “The Legend of Mir” IP, a highly successful game with over 500 million users. For more information, visit www.WEMIXnetwork.com

Interest-Bearing Bonds-Backed Tokens: Generate yield using tokens backed by sovereign bonds 4827

0 2023 01 14 в 14 44 50

Vaduz, Liechtenstein. January 13 2023. Decentralized Finance Innovator Mimo is launching “KUMA Protocol”: the first DeFi protocol issuing tokens backed by regulated NFTs, themselves backed by sovereign bonds. This launch comes as the FMA (Financial Market Authority Liechtenstein) has approved Mimo for providing blockchain-related services since January 2022.

KUMA tokens, built as a smart contract compatible with most blockchains, are designed to provide holders with a reliable source of passive income through the accrual of interest on their holdings.

KUMA Tokens are NFTs representing bonds that KUMA Generator (a decentralized product owned by KUMA DAO and governed by the MIMO tokenholders) can accept as a backing to issue KUMA Interest-Bearing Tokens, a form of synthetic stablecoins that automatically accrue interest. The balance of these tokens grows in users’ wallets without any action required, matching the interest rate paid by the bond backing them, minus commission. Apart from the interest, the tokens behave like regular stablecoins, allowing them to be integrated freely into the broader crypto ecosystem, like DeFi, GameFi, and NFTs platforms.

The launch of this protocol also has the potential to revolutionize the way bondholders receive interest. Traditional bonds typically pay out interest semi-annually, annually, or even when reaching maturation. However, because KUMA Interest-Bearing Tokens use smart contracts, interest can be paid out to holders regularly, every 4 hours by default, providing a more consistent income stream for investors while not involving any claim process.

In the background, Mimo Capital AG handles the bonds and offers simple redemption to the users. Moreover, a smart contract managed by the KUMA DAO provides infrastructure for its community to swap or roll the NFT bonds over, ensuring smooth operation when a bond reaches its maturity date or the issuing authority publishes an updated rate.

To date, a few other efforts of bond tokenization have started. However, Mimo has the advantage of being the first regulated in the European Economic Area (EEA), providing tokens allowing its users to earn interest while benefiting from the safety of their favorite custody solution and the peace of mind coming with a fully regulated product.

Furthermore, KUMA DAO’s approach naturally provides fractionalized access to the benefits of bonds, lowering the entry barrier to investment and opening the door to 24/7 settlement, trading, and global liquidity. Example applications include savings accounts, protocol treasuries, and individual wallets.

Following the tokenization of sovereign bonds, Mimo will leverage KUMA to provide other assets, such as corporate debt and funds.

So far, all of the Mimo partners, including Polygon, Fantom, Swissborg, SingularityDAO and Akt.io have indicated their intention to use KUMA.

“We are thrilled to offer our users a new way to earn passive income through tokenized bonds,” said Claude Eguienta, Founder and CEO of Mimo Capital. “With this innovative mechanism and backed by a diverse range of real-world assets, we believe that interest-bearing tokens are poised to become a leading tool in the Decentralized Finance space.”

To learn more about Mimo and the KUMA Protocol, visit https://mimo.capital & https://kuma.bond

About Mimo

Mimo is a leading blockchain company that built a multichain DeFi protocol providing a Decentralized & Multichain Euro Stablecoin and developing Blockchain Powered Financial Products. With a focus on user-friendliness and accessibility, Mimo is committed to bringing the benefits of decentralized finance to a broader audience, including business and retail investors.

MEDIA CONTACT:
Mimo Capital
Name: Yacine Farouk, CMO
Email: [email protected]
Website: www.mimo.capital
Country: Liechtenstein
City: Vaduz

The CONG Token is the New Crypto Hype 4111

The world is fast changing and becoming more decentralized as it gets more digital. Decentralized Autonomous Organizations (DAOs), blockchain, DeFi, web 3.0 and cryptocurrencies are all growing in popularity.

How to employ all of these new technologies in a way that benefits society is now the problem.

In terms of finance and investing, these new technologies offer a rare opportunity to provide outstanding private market investment opportunities to retail investors around the world. Until now, these opportunities could only be accessed by Venture Capital (VC) and Private Equity (PE) funds.

The Conglomerate Capital (TCC) is the unique web3, BEP20 blockchain-based investment and funding platform, governed by a DAO, from which disruptive startups as well as SME (Small and Medium Enterprises) businesses will raise capital, where investors will be able to access VC and PE outstanding opportunities through the CONG token.

Additionally, the TCC and CONG ecosystem is the first and only to develop governance and investing features to lead and safeguard investors through the adoption and use of new market features and to rely on the knowledge of top-tier VC and PE industry executives to influence how people allocate their capital.

“At TCC, we seek not merely to democratize investment options, but to streamline investment process for investors and fundraising for Companies,” says Diego Queirantes, Founder and responsible for deals structuring. “We are prepared to revolutionize the World of Investing,” he continued. “Investors are more than welcome to go along for the voyage to reshape the way people invest their capital.”

The creator of The Conglomerate Capital kept people in mind when developing the Company and its digital token, CONG. Yves Civolani, Founder & CEO and former private equity industry executive, came to the terrible realisation that because the average person lacks basic financial knowledge, they are compelled to spend their life’s work savings on substandard opportunities.

His parents have never had the opportunity to engage in VC and PE investments and earn lucrative returns as regular retail investors.

The TCC concept was born out of his desire to make these opportunities accessible to regular people by assembling a conglomerate of companies run by global minnows.

“Before beginning to work on the project’s development, a thorough examination of VC/PE, crowdfunding and crypto launchpads sectors was necessary,” said Yves. “We wanted to comprehend concerns and issues from the viewpoints of all participants: investors, business owners/companies, and platforms.”

Before founding the project, Yves worked for more than a decade for tier-1 global private equity funds. Therefore, throughout his career, he learned by doing what the problems are for startups and SMEs to raise capital from either equity or debt securities.

With all of this in mind, TCC seeks to solve these issues by decentralising the VC and PE infrastructures while also imposing a cycle of accountability and mutual interest alignment.

In order to give the CONG token value, based on the founding team’s experience in VC/PE/M&A environments, TCC intends to bring various industries features to the cryptocurrency world through the use of DeFi and blockchain, under a DAO governance structure. This is in line with the main attributes of the TCC & CONG ecosystem. Investors are encouraged to hold onto their tokens and use CONG as a form of asset storage.

To secure more investor consensus and a more democratic funding procedure, TCC offers many more advantages than the conventional paradigm, including zero-knowledge-proof authentication, decentralised data storage, trade agreements, and more.

The TCC white paper states that priority would be given to early investors when allocating investments. In return for CONG, the platform will receive USDT, BUSD and USDC. The only token in the whole ecosystem, CONG, will finance all businesses. Compared to other crypto launchpad platforms, that is an important difference as they all face alignment problems due to the fact that funded projects each launch their own tokens, competing against each other for investors’ capital allocation.

According to the roadmap, fiat and credit cards will also be accepted by TCC along the project development. While CONG cannot be traded in a DEX or CEX (Decentralized or Centralized Exchanges), its price will rise if a deal opportunity passes through the platform because, based on the DAO mechanism, holders will decide what the token price will be for each funding campaign. This will set a buy pressure on the token.

The CONG presale will begin on Jan. 16, 2023, at 9:00 am GMT with a token price of USDT 0.0025. The sale will occur directly from the project’s website. Therefore, it is the best time to invest and join the ecosystem. Based on the hype already generated when the project was announced, the second presale round, which will start as soon as the first fulfils, will have CONG token price increased by 20%.

The management team at TCC has extensive expertise in the investment industry as a whole, while the development team is made up of a group of blockchain and web developers, embracing the most potent and recent technical development in the cryptocurrency sector.

The TCC team has years of expertise in the sector and has raised more than USD 200 million using a variety of mechanisms, including debt, equity, and convertible debt. The team has also completed many M&A transactions in recent years. By assisting in the review of funding applications, all this experience will work for the ecosystem’s benefit. They are all in agreement and aligned with the investors as the team is compensated by CONG.

For more information on The Conglomerate Capital, check the links below.

Company Website: https://www.congcap.com
Telegram: https://t.me/congcap
Twitter: https://twitter.com/ConglomerateCap
LinkedIn: https://www.linkedin.com/company/the-conglomerate-capital

Crypto gaming project Calvaria raises $2.5M in presale, announces IEO on BKEX 4292

The presale for the exciting play-to-earn project Calvaria: Duels of Eternity has now passed $2.5 million, with the RIA token now set for its initial exchange offering (IEO) on BKEX.

The news means there are now fewer than 30 million RIA tokens available, with the presale more than 80% sold out.

Duels of Eternity is bidding to bring traditional and casual gamers to the blockchain by offering a full free-to-play (F2P) version of the game that is available on mobile app stores and PC.

BKEX to hold RIA IEO

With the Calvaria presale now close to finishing, it has been confirmed that leading centralized exchange BKEX will hold its IEO.

The date for the IEO has not yet been confirmed, but BKEX, which has almost $500 million of daily trading volume and more than 1.5 million weekly visitors, will exclusively trade RIA for 24 hours before it is then listed on other exchanges.

A listing on Changelly Pro has also been confirmed, as has GotBit, while in a recent AMA, the Calvaria developers revealed that they are in talks with other exchanges.

What is Calvaria?

Calvaria is a new play-to-earn project aiming to attract casual and traditional gamers onto the blockchain.

Previous GameFi projects have attracted huge investment, with crypto investors seeing the huge potential for the future, but the player base did not follow even at its peak and has fallen rapidly during the 2022 bear market.

Calvaria is now trying to address that by developing a simple and replayable game that will appeal to traditional and casual gamers and is easy to pick up.

Flagship game Duels of Eternity is a battle-card strategy game that sees players stack their decks with nonfungible token (NFT) cards and assets and beat opponents in best-of-three matches to earn RIA tokens.

The game, which is set in the afterlife, sees players align with one of three factions and use their knowledge, skill and timely use of assets to win one-on-one matches.

Duels of Eternity has a number of quirks that separates it from rivals and will make it attractive to non-blockchain gamers.

The game is rendered in full 3D and available on mobile stores on Android, iOS and PC. Duels of Eternity also has a story mode that not only builds on the lore of the Calvaria universe but allows players to earn assets that can be used in other game modes.

Cards and assets are NFTs that are fully owned and tradeable by the player, who can also spend RIA or combine cards to upgrade them.

To ensure the long-term success of Duels of Eternity, the Calvaria developers will take a seasonal approach to the game, consistently releasing new assets and game modes to keep players coming back.

They will also develop an in-house esports team and invite large esports brands to compete in tournaments for big prizes.

Calvaria will also benefit from being built on super-fast and efficient layer-2 solution Polygon.

Duels of Eternity F2P version

As well as the main P2E version of the game, Calvaria will develop a near-identical, free-to-play version of Duels of Eternity.

All features and gameplay will be the same, but there will be no rewards and players will not own their assets. However, the game will exist as a way to entice non-blockchain gamers onto the P2E version by showing the full capability of the game.

The F2P version will have a visible tracker that will show players how much they could have earned, while there will also be gamified quests to teach new players about blockchain technology.

Calvaria team and tokenomics

Calvaria has been developed by a doxed team that has been Know Your Customer-verified by CoinSniper, while the RIA token smart contract has been audited by SolidProof.

There is a max supply of 1 billion RIA tokens, with 15% of those allocated to the presale, with the majority of the supply split between the staking (25%) and prize pools (20%).

Another 15% is for reserve and burn pools, and the rest is split between operations (8%), team and advisers (7%), the INO (6%) and exchange liquidity (4%).

Recently, a crypto wallet purchased more than 3 million RIA tokens in one transaction, spending nearly $100,000.

How to buy RIA tokens

Below is a brief guide on how to buy RIA tokens during the final stage of the Calvaria presale, before the IEO on BKEX.

  1. Download a crypto wallet, such as Trust Wallet or MetaMask.
  2. Acquire Ether or Tether — either on an exchange and then transfer back to your crypto wallet or buy directly on the Calvaria website with a credit or debit card via Changelly.
  3. Connect your wallet to the Calvaria website and select a relevant option.
  4. Exchange ETH or USDT for RIA tokens.
  5. Claim RIA tokens once the presale has ended.

Website: https://calvaria.io/

Vacuum Coin announces its expansion into the BNB Smart Chain 4346

Vacuum Coin (VC) announced its plans to expand its ecosystem to the BNB Smart Chain by releasing the BEP-20 version of its token.

Vacuum Coin is a reserve currency for an upcoming metaverse project called, “Metaverse Union,” which aims to connect all metaverses through its metaverse. The BEP-20 version of VC will be used as the utility token for its crypto services, such as chat-to-earn, play-to-earn, second-generation Crazy Rich Rabbit nonfungible tokens (NFTs), Vacuum Bot and Tina Launchpad.

Currently, the Vacuum project hosts weekly chat-to-earn events in its social media community, where more than 13,000 people participate to earn VC tokens by chatting. It can be obtained through the play of Crazy Rich Rabbit, a Web3 play-to-earn game in which the players can earn VC tokens just by playing the game.

Its most recent reveal, Project Henri, is an NFT avatar generation project required to enter the Metaverse Union. You have a taste of creating any avatar you like using the photos you have.

Vacuum is running its fairlaunch until 2 pm UTC on Jan. 2, 2023. The token will be listed right after the fair launch is over. Currently, it has filled up its softcap.

For more information, visit Vacuum Coin’s website or visit directly to Vacuum’s Pinksale Fairlaunch site at:

https://www.pinksale.finance/launchpad/0xf6C77C39B6637A6e2740BeCA7289BDA88e6a22a1?chain=BSC