SEC Starts to Battle Unruly Crypto Hedge Funds 1905

This week, on the same day, two United States regulating bodies — the Financial Industry Regulatory Authority (FINRA) and its ruling organization the Securities and Exchange Commission (SEC) — reported filing objections against non-compliant crypto players who made some false statements regarding their businesses.

While the SEC barely needs any introduction for those who follow the crypto industry, FINRA might seem unfamiliar. FINRA is a private, non-federal agency, although it is overseen by the SEC. It regulates one specific part of the securities industry in the U.S.: brokerage firms doing business with the public.

What makes the news particularly interesting is that both agencies seemingly extended their purviews, as FINRA targeted a questionable crypto security and the SEC turned its attention to funds managing virtual currencies. And as the icing on the cake, a New York federal judge ruled that U.S. securities laws were applicable for dealing with crypto fraud allegations — all on the same day, Sept. 11.

FINRA has filed a complaint against a Massachusetts resident Timothy Tilton Ayre. The watchdog charged him with securities fraud and the illegal distribution of an unregistered cryptocurrency called HempCoin (HMP) (not to be confused with the company of the same name that trades THC tokens).

Here’s brief background: In April 2016, Ayre started advertising HMP as “the first minable coin backed by marketable securities” and a security backed by common stock, arguing that every 10 coins represented one share of his public company Rocky Mountain Ayre Inc. (RMTN).

Ayre’s HempCoins premiered on exchanges C-Cex and Yobit. More than than 81 million HMP coins were mined in late 2017 and traded on the aforementioned platforms. Currently, HMP is not listed at any exchange and its market cap totals a modest $104,463, according to CoinMarketCap. Ayre’s cryptocurrency has also seemingly erased all of its social media presence, while its former website reroutes to some unrelated content.

Thus, in the recent complaint, FINRA states that Ayre’s claims were “fraudulent, positive statements about RMTN’s business and finances.” As Ayre never attempted to register the coin, FINRA chose to charge the RMTN president with the unlawful distribution of an unregistered security.

In the press release, FINRA reminded that anyone named in its complaint can file a response and request a hearing. If the agency confirms there were violations, Ayre might face a fine, censure, suspension or be barred from the securities industry altogether.

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SecuX Shield BIO Revolutionizes Crypto Security: Introducing the Ultra-Slim Biometric Cold Wallet at TOKEN 2049 6217

Renowned for its innovative streak in blockchain security since 2018, SecuX is poised to reveal its latest creation, the Shield BIO card-type hardware wallet, at TOKEN 2049 – one of the crypto industry’s marquee events scheduled for 13-14 September 2023 in Singapore. The Shield BIO is emblematic of next-gen crypto security, masterfully combining biometric fingerprint authentication with the handy format of a credit card.

At the heart of this avant-garde wallet is the military-grade Secure Element chip, synonymous with the robust security features of all SecuX hardware wallets, ensuring unparalleled protection for digital treasures. The incorporation of biometric technology enhances this security, ensuring only authenticated users can access their assets.

“Our trajectory in the industry underscores our commitment to pioneering unmatched blockchain security solutions. The Shield BIO Card Wallet is a testament to our unwavering dedication to supreme security, top-notch functionality, and sleek design,” commented Peter Chen, CEO at SecuX.

The breadth of SecuX’s commitment to blockchain security shines through its diverse product lineup. Highlights include the V20 crypto wallet, renowned for supporting a staggering 10,000+ coins and tokens, and the SecuX Nifty – an NFT-display hardware wallet that bagged the prestigious iF design award in 2023. Additionally, the company’s payment terminals are tailored for the ever-evolving crypto sphere; and the XSEED series, offering robust steel cold storage solutions, further elevates its standing in the blockchain community.

2023 has been especially noteworthy for SecuX, marked by key alliances with cybersecurity behemoth Trend Micro, birthing the co-branded W20 wallet, and a collaboration with ASUS Metaverse on the groundbreaking MnemonicX 2048 soul-bound NFT initiative.

“In an ever-evolving crypto world, the demand for robust yet user-centric security solutions grows exponentially. The Shield BIO isn’t merely a product; it’s an assurance of peace of mind,” Peter Chen emphasized.

To delve deeper into the Shield BIO Card Wallet or explore other SecuX innovations, please visit https://secuxtech.com

About SecuX

Pioneering the blockchain security realm since 2018, SecuX consistently raises the bar with its groundbreaking solutions in the cryptocurrency sector. From hardware wallets to cold storage offerings, SecuX stands tall as a paragon of security and design excellence.

Unveiling Meteorn Run: The Future of Web3 Play-to-Earn Gaming 7711

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August 30th 2023

Get ready to step into a whole new dimension of gaming as we introduce Meteorn Run, the cutting-edge P2E gaming platform built on the Polygon Network. Prepare to be astounded by an exhilarating fusion of blockchain technology, NFTs, and the thrill of gaming, all designed to empower players to earn while indulging in their passion for virtual adventures.

A Universe of Opportunity

Meteorn Run stands as a testament to the marriage of entertainment and economic potential. With a mission to provide gamers and users a platform where fun meets finance, Meteorn Run redefines the landscape of gaming through its innovative Play-to-Earn (P2E) concept. As the gaming world continues to evolve, Meteorn Run emerges as a catalyst for those seeking to monetize their gameplay experiences and achieve financial growth in a seamless and enjoyable manner.

Gaming Redefined

In the heart of Meteorn Run’s universe lies a dynamic ecosystem that embraces both newcomers and experienced gamers alike. The game’s diverse range of modes—Single, Cooperative, and Bet Match—offer a gamut of challenges and experiences to cater to various player preferences. Engage in heart-pounding single-player runs, join forces with friends to conquer stages cooperatively, or compete in thrilling bet matches that elevate the stakes and rewards.

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NFT-Powered Adventures

At the core of Meteorn Run’s allure are its exclusive NFT collectibles that serve as both functional equipment and valuable digital assets. Choose your path wisely as you navigate through different stages, each inspired by celestial bodies such as Mercury, Venus, and Earth. The rare NFT shoes, with attributes like Agility, Speed, Stamina, and Evasion, directly impact gameplay, making strategic decisions an integral part of your journey.

Play to Earn, the Meteorn Way

Meteorn Run pioneers the Play-to-Earn revolution with a game model that rewards players for their dedication. Engage in battles, overcome obstacles, and embark on thrilling missions to earn MTO tokens, Meteorn Run’s native cryptocurrency. Embrace the ethos of GameFi, where gaming transforms into a source of income and a pathway towards financial independence.

A Vision for the Future

Meteorn Run’s vision extends beyond the digital realm. By deploying on the Polygon blockchain, a L2 network built on the Ethereum blockchain, the game aspires to foster widespread blockchain adoption, making its benefits accessible to individuals across the globe. The creators of Meteorn Run aim to empower gamers, traders, and investors to explore the potential of blockchain technology, creating a thriving ecosystem where innovation knows no bounds.

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Embark on Your Odyssey

As you venture into Meteorn Run’s immersive cosmos, you’ll encounter an array of exciting features, including the JackPot system, Phantasm Sound system, diverse in-game items, and a comprehensive ranking system. Explore the vastness of space, unravel the mysteries of celestial stages, and strive for excellence as you ascend the leaderboards and unlock incredible rewards.

Charting a Bold Path Forward

Meteorn Run’s roadmap is a testament to its commitment to continuous growth and innovation. From the launch of the website and presale to the unveiling of the official game, Meteorn Run promises a journey filled with milestones. As the game evolves with new stages, modes, and opportunities, players can look forward to an ever-expanding universe of experiences.

Join the Meteorn Revolution

Are you prepared to dive headfirst into the world of Play-to-Earn gaming? Meteorn Run beckons, offering a gateway to adventure, prosperity, and a community of like-minded individuals. Prepare to don your NFT shoes, conquer celestial challenges, and rewrite the rules of gaming. Meteorn Run: Where Exploration Meets Earnings, and Adventure is Rewarded.

For more information and to be part of this revolution, visit the Meteorn Run website and follow us on social media:

Website: meteornrun.io

Twitter: meteorn_run

Telegram: t.me/+XlhHtEIQbeo1ZTdl

Discord: discord.gg/spv3DpEGWD

Medium: meteornrun.medium.com

Jellyfish Mobile to Curb the SIM-Swap Menace That Led to Losses Worth $140 Million in Two Years 6873

The cryptocurrency market lacks regulation, leading to potential risks for investors, including SIM-swap scams. By this technique, hackers manipulate mobile carrier customer service to gain access to a user’s phone number, allowing them to bypass security measures and access accounts. Bart Stephens, co-founder of Blockchain Capital, fell victim to a SIM-swap attack, resulting in a $6.3 million Bitcoin theft. He has filed a lawsuit against the hackers. From all this it’s clear there’s a lack of effective safeguards and timely notifications from mobile phone carriers. Jellyfish Mobile provides a solution to prevent SIM-swap attacks and other vulnerabilities arising from cell phone carriers’ negligence.

All About Jellyfish Mobile

JellyFish Mobile is the world’s first Web3-enabled 5G mobile network. The team behind the project identified the loopholes and vulnerabilities in the telecommunication system and introduced a futuristic solution that will entirely redefine the space. With Jellyfish, users no longer just communicate on mobile phones, but become true owners of their digital assets. They are in complete control of all transactions and command absolute authority over their digital experience.

Jellyfish Mobile has developed a secure Wallet-On-SIM technology wherein users will obtain a SIM card with a built in cold wallet. The cold wallet is completely isolated from the host device and is only accessible through the owner’s seed keys, thus eliminating the risk of SIM swapping. Also,users don’t need an Internet connection to process transactions. Decentralization and transparency are Jellyfish Mobile’s USP!

Concerning functionality, Jellyfish Mobile employs DIDs (Decentralized Identifiers) for identity management. Instead of a mobile number, users get a Web3 wallet address. In addition, the platform offers access to a wide array of projects to promote engagement, be these De-Fi (Decentralized Finance) applications, decentralized social networks, and a host of other dApps, all from the mobile device.

For enhanced security and seamless operations while using Wallet-on-SIM, Jellyfish Mobile provides the following features:

  • True Cold Wallet Privacy: Isolates the wallet from the OS and the installed apps, thus eliminating any interaction.
  • Secure Boot Process: Checks the integrity of processes running on the device and prevents untoward modifications.
  • Remote Management (OTA): Ability to receive security patches and other updates remotely.
  • RSA and ECC: Guarantees a secure interaction between the mobile device and the network.
  • AES128 Encryption: Support for the latest encryption protocol boots security.
  • SIM Swap Protection: Allows recovery only via seed keys generated upon SIM activation, thus eliminating the scope of SIM swapping.
  • Cold Wallet Address Obfuscations: With an obfuscated cold wallet address, users get the highest level of security.

The Jellyfish Mobile ecosystem is an advanced and sophisticated creation that connects influencers with relevant brands and helps them monetize their activity. And both parties can utilize the transaction system provided by the platform for efficient and low-fee transactions.

Besides all this, Jellyfish Mobile also offers affordable roaming services across Asia. Travel within eligible regions and never face hassles with the network. Reliable connectivity from Jellyfish Mobile benefits not just businesses and influencers, but also regular users who are always on the go!

About JFISH, the Native Token

The JFISH token, native to the Jellyfish Mobile ecosystem, is crafted with great consideration towards critical market parameters and volatility analysis. The total token supply is capped at 1 billion, of which 4% would be available during the Pre-seed Event, 6% during the three air-drops, 75% allocated to the three CEX launches, and the remaining 15% developer tokens will be released post the third CEX launch.

In addition to that, Jellyfish Mobile follows a DAO (Decentralized Autonomous Organization) style of function, wherein token holders vote on important decisions, some of which will decide the project’s future course. For those who believe they have the right intellect and proper understanding of the blockchain space, this could be the chance to drive a project towards success. Just get as many tokens as possible, become a decisive voice in the Jellyfish Mobile ecosystem, and lead the way!

Jellyfish Mobile is holding it’s much-anticipated IEO

With it’s IEO underway, interested users and investors can acquire the JFISH tokens at the lowest-ever price of 0.025 USDT until Aug 27, 2023. The token will soon list on exchanges at 0.0275 USDT.

A total of 40,000,000 tokens will be available during the IEO (Initial Exchange Offering), and the minimum purchase amount has been set at $10USD per purchaser. There is no maximum purchase cap.

Developed by a team of experienced professionals, Jellyfish Mobile aims to put an end to SIM swap attacks, provide a seamless network connectivity to users, offer absolute authority over digital assets, minimize third-party interference, become the path that guides users toward Web3, and reward them handsomely in the process. For those who believe Web3 is the future, gear up for Jellyfish Mobile and become a part of the ecosystem.

For a deeper understanding of Jellyfish Mobile’s offerings, check out their informative explainer videos on YouTube.

To find out more about Jellyfish Mobile, visit the official website: https://jellyfi.me/

Also, follow Jellyfish Mobile on all social platforms to stay up-to-date with the latest developments and sales:

Twitter: https://twitter.com/jellyfishmobile

Telegram: https://t.me/jellyfishmobile

YouTube: https://www.youtube.com/@jellyfishmobile

IN: Bringing Blockchain Gaming and DeFi To The Multiverse 7846

Science fiction, fantasy, and technology have expanded humanity’s imagination beyond the known universe. Concepts such as quantum realms, the metaverse, and the multiverse have inspired a new generation of game developers to create gaming experiences that are awe-inspiring and stunning.

These ideas formed the genesis of IN, a multiplayer online role-playing game that takes place in a fantasy world where players explore diverse locations and landscapes, combat dangerous monsters, build cities, collect gems, and develop personal characters with NFTs.

IN has envisioned and designed a virtual experience that caters to crypto gamers, DeFi enthusiasts, and is attractive to the Web2 gaming audience. IN is bringing to life the Marvel Multiverse through decentralized blockchain technology, NFTs, and advanced gaming engines like Unity.

IN’s native token TIN improves in-game profitability and the overall experience by lowering costs that traditional gamers are accustomed to.

Experience IN’s Gameplay Features: Leaving The Web2 Gaming Portal and Venturing “IN”

IN players can achieve everything found in traditional games and beyond. For example, IN gives gamers the ability to use their creativity to BUIDL and use technology, innovate their tactics to level up and explore new realms, and acclimate to society by uniting together and engaging in real economic matters like taxes, trade, property, stock exchanges, fashion, and status.

Even better, NFTs and Aptos blockchain technology enable IN players to own property, accelerate the game’s progress through decentralized governance and voting, and not lose everything ‘when the disk is ejected from the console.’

The most popular genre, “match-three,” expands the game’s possibilities with new battles and social gaming events like tournaments.

IN’s gameplay is original as it catapults players from different regions of the world such as America, Africa, and Asia through a portal and into the unknown multiverse. From there, players learn skills like leadership and independence and become heroes who build a reverse portal to reconnect with their earthly universe.

IN is the only game where players can fill in the void and forge the future of crypto gaming.

About IN

IN was founded by Vladimir Malyshev, CEO of OnGame Company. IN is an MMORPG with a “match-three” combat system built on Unity, advanced serverless technology and infrastructure, and Aptos. IN features imaginative concepts such as the multiverse and allows players to own NFTs and in-game items.

Synesis One launches the world’s first NLP AI data crowdsourcing application on Solana Mainnet 8785

Synesis One, the world’s first AI data crowdsourcing platform on the Solana Blockchain, announced today the launch of its new Train2Earn App ‘Workspace by Synesis’ on iOS, Android, Saga, and web browsers. The App allows anyone, anywhere in the world to train AI and earn rewards.

“The Workspace App is a significant leap forward in our mission to provide high quality data to companies developing AI applications,” said Paul Lee M.D., Cofounder and CEO of Synesis One. “We designed the Synesis One platform to connect companies that need quality AI training data with digital workers who can generate the data quickly, and at competitive prices.”

The need for high-quality data to train and refine AI models is growing at an exponential rate, as nearly every industry from financial services to health care is starting to integrate AI into their business processes. Without data, AI models are basically useless: they can’t make connections or find patterns or make predictions. That’s why humans are still needed to train AI systems.

“We’re a bit like Wikipedia,” says Paul. “Synesis One workers are contributing and refining data every day. But unlike Wikipedia, our contributors are paid for their contributions. That’s why we call our business model Train2earn. They train AI and earn rewards.”

The applications for Synesis One are limitless. “Train2Earn is the first enterprise-quality on-chain software where business logic is conducted entirely on blockchain,” said Synesis One Head of Product and CTO David Saccon. “This means the provenance of our crowdsourced data is fully traceable and auditable. We believe we are providing a critical component for a new type of open data supply chain to power AI applications.”

In addition to crypto payments, the Train2Earn platform also uses the blockchain to enable a public voting process in which contributors reach consensus about the quality of the submitted data. The result is a web3 application that is secure, decentralized, and interoperable.

Synesis One’s first client is Mind AI, which is building an advanced natural language reasoning engine. The Synesis One community is helping their team of computer scientists crowdsource the ‘mental map’ the engine needs to make sense of the world. By training the engine, contributors are also helping humanity achieve the goal of general artificial intelligence.

The Train2Earn mobile app is now available for download on the App Store, Google Play Store, and Saga phone App marketplace.

For more information about Synesis One and the Train2Earn mobile app, please visit www.synesis.one.

About Synesis One

Synesis One was founded in 2021 to crowdsource data needed to train a conversational reasoning engine for sister company Mind AI. The platform connects corporate clients in need of AI training data with crowdsourced human intelligence to provide it. The company raised $9.5 million to fund development of the platform and data ecosystem.

Xucre.net Launches and Announces Release of the XucreWallet 9138

Xucre.net has announced its plans to launch a much-anticipated cryptocurrency wallet for Latin America. The wallet is the first of its kind in the region and promises to revolutionize the way users buy, sell, and manage digital assets. XucreWallet is launching for Beta on Android in August of 2023. An iOS version of the Wallet is already under development.

A decentralized application, XucreWallet, will be available in English, Spanish, Portuguese, Quechua and Nahuatl. The wallet is designed to make crypto easy and accessible to any person in the region. Designed in Quito, Ecuador, the wallet is made with the most up to date protocols to ensure users assets are safe. The wallet incorporates a user-friendly interface that lets users easily connect other wallets and dApps via WalletConnect.

“We are honored to be launching the XucreWallet for cryptocurrency in Latin America,” said Jordan Paul, Xucre’s Chief Technology Officer. “It is an exciting time for the region, and we are proud to provide users with a secure and user-friendly solution for managing their cryptocurrency assets.”

Participants in the Beta who install the application and send a transaction with the application will receive a limited release Xucre NFT, minted as recognition for early adopters of the wallet. The NFTs will be minted on a leading NFT marketplace and airdropped to all participating wallets.

The XucreWallet will first be made available in pilot markets in Ecuador and Peru in 2023. Xucre plans to expand its services to all of Latin America by 2026.

“We are excited to bring Xucre’s wallet to Latin America,” said Xucre’s CEO, Alex Garcia. “Our goal is to make buying and selling crypto accessible and safe for everyone. We are committed to providing users with a secure and user-friendly experience, and we look forward to expanding our services to include all widely spoken languages in the region in the coming years.”

About Xucre

Xucre Inc. is a developer of decentralized applications, committed to providing users with a secure and user-friendly experience when buying, selling, and managing their digital assets. The company is creating compassionate access to financial services solutions for all of the people of Latin America. Virtus Pro Populo.

For terms and conditions and more information visit Xucre’s website at https://www.xucre.net