Drosera has successfully raised $4.75 million to enhance security for Ethereum, positioning itself as the network’s immune system. Led by Greenfield Capital, the funding will accelerate product development and prepare for the mainnet launch in Q2 2024. The innovative platform enables protocols to delegate security to a decentralized network of node operators, significantly reducing the risk of exploits in the DeFi ecosystem.
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News from PRI
Generated 1 posts last week Poland Surpasses El Salvador in Global Bitcoin ATM Rankings
Poland has surpassed El Salvador in the global Bitcoin ATM count, now ranking fifth with 219 active machines after adding 10 new ATMs on January 27. This growth comes amid a four-month installation spree, contrasting with El Salvador’s stagnant count of 215 since October 2022. Currently, the top five countries for Bitcoin ATMs are the US, Canada, Australia, Spain, and Poland.
read moreInvestors Buy Trump-Linked World Liberty Financial Tokens Amid Controversy
Investors are flocking to World Liberty Financial tokens, partly owned by Donald Trump, drawn by the potential for value appreciation and the unique voting rights they offer. The firm has raised over $300 million, with notable buyers including crypto entrepreneur Justin Sun and Mike Dudas, who invested $145,000. Concerns about conflicts of interest arise due to Trump’s financial ties and the SEC’s ongoing scrutiny of some investors.
read moreTrump’s Crypto Ventures Raise Concerns Over Conflicts of Interest
Donald Trump’s involvement in World Liberty Financial has raised ethical concerns as he stands to gain significantly from the sale of its tokens, which have attracted investors due to their connection to the former president. The firm has raised over $300 million, with Trump and affiliates set to receive 75% of its revenue. Notable investors include Justin Sun, who has spent at least $75 million, amid ongoing scrutiny from the SEC regarding his business practices.
read moreEssential Security Tips for Using Solana Telegram Bots Safely
Using Solana Telegram bots for trading offers convenience but comes with significant risks, including potential hacks and scams. To safeguard investments, users should research bot reputations, limit permissions, enable two-factor authentication, and monitor activities closely. Regular updates and secure network usage are also crucial for maintaining security in the volatile crypto landscape.
read moreBOTS Inc. Transitions to Solana-Powered Autonomous AI Agents for Growth
BOTS Inc. (OTCQB:BTZI) is pivoting to develop autonomous AI agents powered by the Solana blockchain, aiming to capitalize on a market valued at $3.93 billion with a projected CAGR of 42.8% through 2030. The company plans to leverage Solana’s high-speed processing and low transaction costs while exploring innovative shareholder reward programs, including preferred dividends. This strategic move positions BOTS Inc. at the forefront of decentralized AI innovation, focusing on operational efficiency and sustainability. For more information, visit [Bloomberg](https://www.bloomberg.com) or the [SEC](https://www.sec.gov).
read moreLogan Paul Faces Backlash Over Alleged Crypto Misleading Practices
Logan Paul is under fire for allegedly misleading fans about crypto investments, profiting over $100,000 from promoting tokens without disclosing his financial interests. An investigation revealed connections between Paul and a wallet that traded the Elongate memecoin, which surged 6,000% after his endorsement before crashing. This controversy adds to Paul’s history of crypto-related issues, including a lawsuit over his failed CryptoZoo Project.
read moreDonald Trump’s World Liberty Limits US Token Sales to 30 Million Dollars
World Liberty Financial, a DeFi crypto project promoted by Donald Trump and his sons, will limit token sales in the U.S. to $30 million, with nearly 90% of its $288.5 million token offering sold offshore. The company has raised $2.7 million from 348 U.S. investors under Regulation D, which allows fundraising from wealthy individuals and institutions. Non-U.S. sales will utilize Regulation S, which has fewer requirements but is restricted to foreign investors.
read moreTrump Leads in Crypto Betting Markets Ahead of 2024 Election
With the 2024 U.S. Presidential Election approaching, Cloudbet data reveals Donald Trump as the favorite in crypto betting markets, holding odds at 1.56, suggesting a 64.1% chance of victory. In contrast, Kamala Harris’s odds have dipped below 40%, reflecting a significant shift in bettor sentiment. State-by-state probabilities show Trump leading in key battlegrounds, while endorsements and controversies continue to shape the final days of the campaign.
read moreDonald Trump and Advisors Discuss New Cryptocurrency Platform and Governance Tokens
The World Liberty Financial project, involving Donald Trump and his family, aims to simplify cryptocurrency use and generate yields on stablecoins. Despite issues with its founding firm, Subify LLC, the project has attracted various advisors from the crypto space and emphasizes accessibility for users with existing crypto assets. The governance tokens will be non-transferrable, with a whitelist KYC process for accredited investors.
read moreDominican Republic Sees Growth in Cryptocurrency Acceptance Among Businesses
The Dominican Republic now boasts 41 businesses accepting cryptocurrencies, primarily in Santo Domingo and popular tourist spots like Punta Cana. This growth, supported by Bitcoin Dominicana, positions the country ahead of others in the Caribbean, fostering a circular economy and enhancing economic stability through digital currency adoption.
read moreSEC Designation and GSR’s Bullish Report on Solana for Global News
The SEC approved spot ether ETFs due to its correlation with federally regulated futures markets, but Solana faces rejection as it lacks such markets and is designated an unregistered security. GSR’s bullish report on Solana’s potential for a spot ETF approval has sparked market optimism, despite the SEC’s stance on SOL as an unregistered security.
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