South Korea’s Democratic Party Lawmaker Urges Authorities Allow to ICOs 1956

A member of South Korea’s National Assembly has called on the state to “open up the road” to ICO by easing regulations, South Korean financial outlet Economy reports October 2. According to the article, Min Byung-doo, a Democratic Party lawmaker, will introduce a project of for ICO legislation at the next round of the National Assembly.

He claimed that the purpose of the new legislation is to allow ICOs while enforcing strict regulation for the negative parts of the industry, noting:

“We are looking at ways to open up the road to ICOs while strictly prohibiting negative factors such as fraud, speculation and money laundering.”

Min Byung-doo has reportedly also suggested to local authorities such as the Financial Services Commission (FSC) that the government should legalize ICO operations in the country, claiming that “prohibition is not the only way.” According to Economy, after consulting with the government and the FSC, the authorities’ stance has “changed prospectively compared with the past.”

Calling on the government to ease regulations for the industry, Min Byung-doo noted that the ban on ICO causes “weakening competitiveness” in South Korea’s blockchain industry, comparing it with the levels in the progress by the U.S., adding:

“South Korea’s blockchain-related industries were at the top of the world in terms of competitiveness, but the competitiveness in ICOs has dropped sharply. Now, 75% of projects in the industry belong to the United States only, which is the world’s top competitor.”

The lawmaker warned that an uncertain future of regulation for the industry will “prevent the growth of the industry itself.”

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Raiinmaker & ElizaOS partner to launch TRAIIN AGENT: A Revolutionary Platform for Ethical AI Agent Training and Moderation 2574

TRAIIN AGENT is powered by a global network of 450,000 validators, redefining trust and decentralization in artificial intelligence.

With growing public concern around AI safety, bias, and accountability, Raiinmaker today announced the launch of TRAIIN AGENT, a groundbreaking decentralized AI platform designed to build trust, ethics, and human oversight directly into AI training and agent moderation. Partnering with AI ecosystem innovator ElizaOS, TRAIIN AGENT is powered by a global network of over 450,000 validators to ensure AI models are ethically trained, rigorously moderated, and transparently validated, offering a powerful solution amid mounting ethical challenges in artificial intelligence.

TRAIIN AGENT is not just a product, it’s a movement to democratize AI Agent development while ensuring integrity. By combining advanced AI models with human-in-the-loop (HITL) validation, TRAIIN AGENT empowers enterprises, developers, and communities to build AI Agents that reflect the world’s complexity without compromising ethics. Its reputation-driven consensus system prioritizes trusted validators, ensuring every dataset and agent output meets the highest standards of accuracy and fairness.

TRAIIN AGENT: Redefining AI Trust with ElizaOS

TRAIIN AGENT is a game-changer for AI moderation and quality assurance. Integrated with ElizaOS via a powerful plugin, TRAIIN AGENT enables ElizaOS agents to automatically sample outputs for HITL tasks: passively for QA, or as blocking moderation checks, ensuring safety and alignment in real time. Developers can customize tasks and validator criteria through ElizaOS’s flexible API, making TRAIIN AGENT a seamless fit for any enterprise workflow.

Raiinmaker’s own AI Agent, Chief Raiin, showcases TRAIIN AGENT’s potential. Available on social platforms and the Raiinmaker app, Chief Raiin fuses spiritual wisdom with blockchain analytics to guide users and monitor tasks. Soon, Chief Raiin will evolve into a beacon of ethical AI, powered by a mission-driven intelligence core and ElizaOS’s agentic connectivity.

J.D. Seraphine, CEO and Founder of Raiinmaker said, “Today, anyone can launch an AI agent, but not everyone is asking how we ensure these AI agents meet the standards of trust, safety, and alignment that users expect. Through TRAIIN AGENT, we’re setting the foundation for a more responsible AI ecosystem, one that puts human values at the heart of every output. This is just the first of many steps in building a decentralized infrastructure for training and validating the next generation of AI.”

ElizaOS: A Catalyst for Ethical Innovation

The ElizaOS partnership amplifies TRAIIN AGENTS’s impact, leveraging its scalable infrastructure and vibrant developer community. Through the ElizaOS plugin, developers can integrate TRAIIN’s HITL validation seamlessly, automating QA or moderation tasks to ensure AI outputs are safe and reliable. ElizaOS’s API empowers users to define validation criteria and select trusted validators, making TRAIIN AGENT a plug-and-play solution for global AI development.

Logan Ryan Golema, Co-Founder and President of ElizaOS said, “We’re excited to see Raiinmaker’s decentralized infrastructure become available to our developer community through TRAIIN. This integration offers a clear path to improving how AI agents are moderated, trained, and improved over time with real humans in the loop, not just code. Raiinmaker is growing trust between humans and non-human intelligence which is essential to a peaceful future where AI agents have to live and breathe among us.”

A Vision for Decentralized AI

The system features AI Reputation scoring, metadata-backed verification, and cross-platform integration to deliver cost-effective, human-validated datasets at scale. By embedding human oversight, TRAIIN AGENT eliminates biases, corrects inaccuracies, and ensures AI Agents are grounded in transparency and fairness. This is Raiinmaker’s pledge: to lead the charge for ethical AI in a decentralized world.

Seraphine added, “With TRAIIN AGENT, we’re building an AI revolution that puts humanity at the center. Chief Raiin’s next chapter will show the world what’s possible when mission-driven AI meets decentralized connectivity.”

For more information, visit raiinmaker.com and download the Raiinmaker App on the Apple App Store and Google Play.

About Raiinmaker:

Raiinmaker is accelerating the next generation of Web3 utilising decentralised AI and a human-powered network.

Raiinmaker’s distributed AI training network combines the scalability of Web3 with decentralized AI, redefining value creation through digital identity, behavior, and reputation. At the core of the platform is its innovative AI Reputation score, a verified record of individual contributions to AI development and training, leveraging blockchain technology to build transparency and trust. Powered by the Raiinmaker Network and boasting over 450,000 users, the Raiinmaker App empowers individuals to train AI models directly from their smartphones. By seamlessly integrating features such as Identity Verification, NFT Minting, Token Creation, and AI-Powered Smart Contracts, Raiinmaker is bridging the gap between Web3 and decentralized AI to drive innovation across industries like sports, gaming, and entertainment.

About Eliza Labs:

Eliza Labs is at the forefront of developing next-generation autonomous agent systems. Founded in 2024, Eliza Labs is the creator of the Eliza agent framework, an open-source platform designed to revolutionize the way autonomous AI agents are created, deployed, and managed. The Eliza framework enables powerful multi-agent simulations, empowering developers, researchers, and businesses to build advanced AI systems.

Eliza Labs is committed to pushing the boundaries of AI technology to shape the future of intelligent, autonomous systems. For more information, visit https://elizaos.ai

About ElizaOS:

ElizaOS is a powerful multi-agent simulation framework designed to create, deploy, and manage autonomous AI agents. Built with TypeScript, it provides a flexible and extensible platform for developing intelligent agents that can interact across multiple platforms while maintaining consistent personalities and knowledge.

fomo Debuts Groundbreaking Social Crypto Trading App, Aiming to Onboard 10M+ Users 2774

Self-Custodial, Gasless, and Social-First, fomo Launches Public Beta To Simplify and Humanize Crypto for the Next Wave of Users

Crypto startup fomo has announced the public beta of its social-first crypto trading app, built to make digital asset trading simple, social, and accessible to everyone.

Based in New York and developed by a team with roots at Uniswap, Opensea, dYdX, Square, and Google, fomo’s beta is now live for an initial 1,000-user cohort, with a full public launch on Tuesday May 6th, 2025. The mission: to onboard the next 10 million users to crypto by removing the friction that’s held mainstream adoption back.

The platform will allow users to trade across chains with gasless swaps, embedded wallets, and stay connected to friends and top traders via curated social feeds and copytrading features — all within an intuitive, modern interface. With attention-based assets continuing to dominate and real-world assets increasingly tokenized, fomo aims to be the all-in-one place to explore and trade digital assets without complexity or compromise.

“We believe digital assets will eat the world,” said Paul Erlanger, founder and CEO of fomo. “But crypto is still too hard for everyday people. With fomo, we’re stripping away the pain points — no gas fees, no technical barriers — and making crypto feel as easy and human as using your favorite app.”

Users in the beta can log in using Apple ID, fund their accounts quickly, connect X to find friends, and start trading across chains like Solana in seconds. fomo’s vision is to build not just a trading tool but a trusted social network around crypto, similar to how Strava built a community around fitness.

To sign up, invite friends, and explore the future of digital asset trading, visit fomo.family.

About fomo

fomo is a social-first crypto trading app built to bring the next 10 million users into digital assets. By removing blockchain friction and layering in community-driven features, fomo delivers a fast, self-custodial, and intuitive experience for everyday users. The platform is backed by $2M in pre-seed funding and built by a team with experience from Uniswap, Opensea, Square, Google, and more.

CoolBitX Launches CoolWallet Go: The World’s First Cold Wallet with Lifetime Warranty 2636

CoolBitX officially introduces CoolWallet Go, a minimal, ultra-portable cold wallet designed for new crypto users and seasoned holders alike. It’s a next-generation card wallet focused on simplicity, cost-efficiency, and everyday utility—without compromising on security fundamentals.

Pre-Order Offer (April 21 – May 10)

CoolWallet Go is now available for pre-order at $59.99 USD for a 2-card set. Customers can optionally add a lifetime warranty plan for $39 USD per set—a rare offering in the cold wallet space.

Simple, Secure, and Built for Daily Use

CoolWallet Go is built around a CC EAL6+ certified secure element, a proven protection standard used in many high-assurance security chips. The wallet’s minimalist design includes no screen, no buttons, no battery, and no Bluetooth pairing, relying instead on tap-to-sign NFC to streamline transactions.

The device generates private keys directly on-card, minimizing exposure during wallet setup. Users manage assets via the CoolWallet App, with integrated support for Bitcoin, Ethereum, 40+ blockchains, and EVM-compatible tokens.

Security and Risk Awareness by Design

CoolWallet Go has undergone independent third-party security testing and has been continuously reviewed through a public bug bounty program over the past two years. No vulnerabilities have been found that compromise the safety of users’ private keys or assets. CoolBitX remains committed to continuous security improvement and transparent security practices.

Optional Lifetime Warranty Plan

CoolWallet Go introduces a unique warranty add-on that provides long-term coverage for registered users:

  • Coverage is per 2-card set, with a quota of free replacements per year.
  • Registration is required within 30 days of purchase.
  • Shipping costs for replacements are customer-borne.
  • Warranty resets yearly and is not cumulative.

This initiative reflects CoolBitX’s commitment to sustainable product longevity, moving beyond traditional short-cycle hardware support.

Built for Beginners, Trusted by Pros

CoolWallet Go is ideal for:

  • First-time hardware wallet users transitioning from exchanges or hot wallets.
  • Experienced holders looking for a compact, secure backup or daily-use wallet.

Shipments begin mid-May.

Pre-order and learn more here: https://reurl.cc/Lanld7

About CoolWallet

CoolWallet is a pioneering hardware wallet brand that offers a secure and convenient solution for storing and managing digital assets in the Web3, DeFi, and NFTs arenas. The company’s flagship product, the CoolWallet Pro, is a credit card-sized device that combines the security of a hardware wallet with the convenience of a mobile device. With its unique design and advanced security features such as an EAL6+ secure element, biometric verifications, and military-grade Bluetooth encryption, CoolWallet is committed to providing a safe and user-friendly platform for crypto users worldwide.

Keycard Launches Pre-Sale for Shell: The Most Open, Modular Hardware Wallet to Date 2833

Keycard, a hardware wallet company backed by the Status team, is proud to announce the pre-sale launch of Shell, a revolutionary, fully open-source hardware wallet. Designed with modularity, transparency, and uncompromising security at its core, Shell enables users to seamlessly manage multiple wallets through interchangeable smart cards—called Keycards—for enhanced convenience and safety.

Early supporters can now pre-order Shell bundled with two Keycards at a discounted rate and gain access to exclusive pre-launch rewards ahead of its global release in October 2025.

Redefining the Hardware Wallet Architecture

Current hardware wallets often market themselves as transparent and open source, yet many lack true transparency in their designs—relying on closed-source components, exportable keys, or upgradeable secure elements that weaken user trust. Shell sets a new benchmark in wallet architecture.

“Hardware wallets need a complete rethink,” says Guy-Louis Grau, Project Lead at Keycard. “Users rarely realize that most hardware wallets allow private keys to be exported outside secure elements or rely on upgradable secure elements—both of which compromise the integrity and transparency of the device.”

Shell is powered by Keycard, an EAL6+ certified, open-source smart card that signs transactions and stores keys internally—ensuring they never leave secure hardware. Moreover, Keycard firmware is not upgradable by design, providing long-term assurance that the device behavior will never change post-manufacture.

Shell: Built for Transparency, Security, and Control

Shell is about more than security, it’s designed for those who demand verifiable control over their hardware and digital assets:

  • 100% Open Source: Every layer—from chip software to hardware layout and 3D-printable casing—is verifiable and customizable, exceeding the transparency of leading competitors.
  • Multiple Stealth Smart Cards: Users can store multiple seed phrases, or use backup cards safely—even if one card is lost, others remain secure.
  • Air-Gapped Operation: Users can sign transactions safely using Shell’s integrated camera and QR-code interface—no USB, Bluetooth, or Wi-Fi connection to devices required.
  • Duress PIN Support: Defends against physical coercion with a second PIN.
  • Cross-Wallet Compatibility: Works seamlessly with major EVM and Bitcoin wallets like MetaMask, Rabby, BackPack,imToken, UniSat, BlueWallet and more using QR-based signing.
  • Future-Proof Design: Easily replaceable battery extends the device life, and upgradable Keycards mean Shell adapts as cryptographic standards evolve—unlike most competitors.

Pre-Sale now Live: Limited Perks for Early Adopters

Customers who join the pre-sale will receive:

  • A discounted Shell bundle with two Keycards
  • Status Network KARMA rewards for participating in the growing ecosystem

To reserve a Shell wallet and secure pre-launch rewards, users can join the pre-launch at: https://keycard.tech/keycard-shell

About Keycard

Keycard is a proud subsidiary of Status, a pioneer in the crypto industry known for its trusted products like the Status mobile wallet. With a focus on security, privacy, and user empowerment, Keycard continues to build hardware solutions that meet the evolving needs of the global crypto community.

Users can visit https://keycard.tech/keycard-shell

Unstoppable Domains and Bitcoin Cash Launch .BCH Web3 Domains to Streamline Crypto Payments 2695

Unstoppable Domains, a Web3 digital identity platform, and the Bitcoin Cash have joined forces to launch .BCH, marking a major step forward in simplifying blockchain-based payments. The new domain extension gives Bitcoin Cash (BCH) users a personalized, secure, and user-friendly way to manage their crypto presence.

Bitcoin Cash, one of the leading peer-to-peer cryptocurrencies, processes over $4 billion in transactions each month and holds a market cap exceeding $5.3 billion. Known for fast, low-cost payments, BCH enables transactions in seconds—critical for real-world use cases like retail, cross-border transfers, and micro-payments, where delays can cost both time and trust. With .BCH domains, users can now replace complex wallet addresses with a human-readable name, dramatically improving usability and accessibility for both individuals and businesses.

Launched in collaboration with BCH.info and the Bitcoin Cash Foundation, the .BCH domain initiative reflects a shared vision of expanding blockchain access and creating real-world use cases for crypto. With a .BCH domain, users can send and receive crypto with ease, create decentralized identities, and unify their onchain activity under one simplified name.

“.BCH domains are more than just a convenience—they’re a leap forward in usability, security, and mass adoption,” said Sandy Carter, COO of Unstoppable Domains. “By collaborating with the Bitcoin Cash Foundation, we’re making it easier for millions to engage with crypto in a way that feels intuitive and secure.”

Whether you’re a crypto enthusiast, developer, or enterprise, .BCH domains offer a powerful way to personalize your digital identity and transact with confidence in the Bitcoin Cash ecosystem. To learn more or claim your .BCH domain, visit unstoppabledomains.com.

About Unstoppable Domains

Launched in 2018, Unstoppable Domains is an ICANN-accredited registrar and leading digital identity platform dedicated to onboarding the world onto DNS and Web3. Unstoppable Domains provides Web3 domains minted on the blockchain, empowering individuals with full ownership and complete control over their digital identities, with no renewal fees.

Users can replace lengthy alphanumeric crypto wallet addresses with easy-to-remember human-readable domain names, streamlining their interactions with apps, wallets, exchanges, and marketplaces. Recognized by Forbes as one of America’s Best Startup Employers for four consecutive years—2022, 2023, 2024, and 2025—Unstoppable Domains has rapidly grown, boasting over 4.2 million registered domains.

For more information, please visit: https://unstoppabledomains.com/

About Bitcoin Cash

Bitcoin Cash (BCH) is a decentralized peer-to-peer digital currency designed for fast, low-fee payments that don’t rely on central authorities. With a focus on scalability, usability, and economic freedom, Bitcoin Cash enables individuals and businesses around the world to transact securely, efficiently, and affordably using digital cash.

Octane Launches from Stealth Raising $6.75M to Build AI-Powered Cybersecurity for Crypto 2778

Archetype and Winklevoss Capital lead seed round with participation from Gemini, Circle, and strategic angels

Octane today announced it has secured $6.75M in a Seed funding round co-led by Archetype and Winklevoss Capital. The round also included participation from Gemini, Circle, Legion Capital, Druid Ventures, Duke Capital Partners and strategic angels including Balaji Srinivasan, Sina Habibian, and many others.

Octane is an AI cybersecurity startup using machine learning to identify and fix vulnerabilities in blockchain codebases. With crypto hacks exceeding $11 billion according to DefiLlama, the growing market cap has intensified the risk posed by flawed contracts, especially given crypto’s low-friction financial rails that make fund extraction easier for attackers.

The company continuously analyzes onchain smart contracts, equipping developers with AI-powered tools for proactive threat detection and one-click bug fixes. This approach enhances developers’ ability to catch bugs before deployment and throughout the entire software development lifecycle, addressing a critical security gap in the industry. Octane will soon offer code analysis for offchain codebases as well.

“Flawed blockchain code enables billions in theft across crypto, with vulnerable smart contracts creating an ever-expanding attack surface as more value enters the ecosystem,” said Giovanni Vignone, CEO, Octane. “Octane’s AI continuously scans codebases, empowering developers with proactive threat detection and one-click fixes throughout the entire development lifecycle—eliminating vulnerabilities before attackers can exploit them.”

Octane will use the funds to increase product development velocity, expand their team, mass label vulnerability data, and get their platform into the hands of every developer building in crypto.

“Securing smart contracts on the blockchain is one of the biggest challenges facing any crypto developer,” said Tyler Winklevoss. “Octane allows devs to battle-test their smart contract code with AI-powered security testing before it hits production on the blockchain. This is huge for devs, companies, and mainstream crypto adoption.”

“The importance of making crypto applications more secure is obvious and Gio and his world-class team have built just the platform to meet this need and help crypto devs and crypto companies ship more secure code,” added Cameron Winklevoss. “We’re excited to back them on this journey.”

“We’re thrilled to back Gio and the team at Octane as they develop a powerful new method of mitigating hacks, crypto’s most critical vulnerability,” says Ash Egan, General Partner at Archetype. “By leveraging LLMs to identify attack surfaces before deployment, we believe Octane expands the crypto security purview beyond traditional audits and does so with a developer-first mentality. The Archetype team is ecstatic to lead Octane’s $6.75M Seed round and help evolve crypto security alongside the technology and asset class.”

About Octane

Octane is an AI cybersecurity platform that continuously analyzes blockchain codebases to identify and remediate vulnerabilities before they can be exploited, protecting billions in crypto assets through proactive threat detection and automated fixes. For more information, visit https://www.octane.security/