Posts from the 'Quoted' Category

Mt. Gox moves $9.6B worth of Bitcoin. Are creditors finally being repaid?

Mt. Gox moves $9.6B worth of Bitcoin. Are creditors finally being repaid?

Collapsed cryptocurrency exchange Mt. Gox moved $9.62 billion worth of Bitcoin into a new wallet, raising hopes among creditors.

The 141,686 Bitcoin was consolidated into wallet “1Jbez” from several other cold wallets associated with Mt. Gox.

These transfers are seen as a potential indication that users who have been unable to access their funds since 2014, when Mt. Gox suspended trading and withdrawals, might finally be repaid.

The transfers represent the first on-chain movement of funds from the exchange in over five years and seem in line with Mt. Gox’s plans to repay creditors by the end of October 2024.

Mt. Gox wallet ‘”1Jbez” Source: CoinStats

The near $10 billion Bitcoin consolidation likely points to Mt. Gox’s plans to repay its users, according to Anndy Lian, intergovernmental blockchain expert and author of NFT: From Zero to Hero. Lian told Cointelegraph:

“This is the first movement of assets from Mt. Gox’s cold wallets in over five years and is likely part of the plan to distribute the assets back to creditors before the promised deadline of Oct. 31, 2024, in my humble opinion.”

Shortly after the reports, Mt. Gox rehabilitation trustee Nobuaki Kobayashi has confirmed that the consolidation is part of the exchange’s plans to start repaying creditors, without mentioning when the repayments will start to occur. Kobayashi wrote in a May 28 announcement:

“The Rehabilitation Trustee is preparing to make repayment for the portion of cryptocurrency rehabilitation claims to which cryptocurrency is allocated… As the Rehabilitation Trustee is proceeding with the preparation for the above repayments, please wait for a while until the repayments are made.

However, the current deadline could face further delays, as it was set in September 2023 — a month before Mt. Gox was initially scheduled to repay the exchange’s creditors by Oct. 31, 2023.

Over $9.4 billion worth of Bitcoin is owed to some of Mt. Gox’s 127,000 creditors who have waited to get it back for over 10 years after the exchange collapsed in 2014 after multiple unnoticed hacks.

Mt. Gox was one of the earliest cryptocurrency exchanges, once facilitating more than 70% of all trades made within the blockchain ecosystem.

Following a major hack in 2011, the site collapsed in 2014; the fallout affected about 24,000 creditors and resulted in the loss of 850,000 BTC.

Markets are pricing in a Mt. Gox repayment

Following the first batch of Mt. Gox transfers, Bitcoin price dipped 2% on May 28, to a daily low below $67,500, before recovering to just above $68,000, according to CoinMarketCap.

BTC/USDT, 4-hour chart. Source: CoinMarketCap

The BTC dip could be a sign of markets pricing in a potential repayment by Mt. Gox, according to Lian:

“The market has reacted to these movements with a slight bearish sentiment, as Bitcoin’s price dropped around 2.1% to as low as $67,505 after the transfer. This could be due to expectations of selling pressure from the creditors once they receive their repayments.”

Despite the slight price dip, Lian said that a potential repayment would resolve one of the most pressing, long-standing issues of the crypto industry.

 

Source: https://cointelegraph.com/news/mt-gox-bitcoin-transfer-9-6b-creditor-repayment-2024

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

Seed.Photo’s Creative Workshop and Exclusive Gathering in Seoul

Seed.Photo’s Creative Workshop and Exclusive Gathering in Seoul

Seoul, South Korea, May 22, 2024—In the heart of Seoul, Web3Wave and Blockcast.cc organized a photography initiative over two eventful days with the support of Seed.Photo. Photographers and VIPs immersed themselves in discussions, collaborations, and visionary insights, sparking a new chapter for the art form in the digital age.

Day One: Supporting Talent at the Hilton DoubleTree-Gangnam

The event kicked off on the 16th of April, with Seed.Photo’s exclusive workshop at the prestigious Hilton DoubleTree-Gangnam. With an intimate gathering of 17 passionate photographers, co-founder Alex Atashkar led engaging one-on-one session, asserting the boundless possibilities of Seed.Photo in the web 3.0 space. Each photographer received personalized guidance, learning how it is changing the digital scene for creatives.

From this talented pool, three standout photographers emerged, their innovative visions aligning with their goals. After a careful selection process, two photographers were ultimately chosen to work on special projects, solidifying their roles as community partners in Seed.Photo’s innovative projects.

Day Two: A Convergence of Visionaries at Mater

On the 17th, Seed.Photo hosted a VIP gathering at the renowned Mater, a highly regarded restaurant in the 2023 Michelin Guide. Amidst this culinary hotspot, leaders from the web 3.0 space convened for six hours of dialogue and collaboration.

At the core of the discussions was the challenge of web 3.0 in Seoul, understanding the legal terrain while pushing the limits of innovation. Alex Atashkar shared his visionary roadmap for the NFT marketplace, highlighting the significance of compliance and partnerships in Seoul’s ever-changing environment. In a city where legality is paramount, Seed.Photo stands as a symbol of integrity, dedicated to understanding the regulatory setting while promoting creativity and collaboration.

Anndy Lian, book author of NFT “From Zero to Hero” spoke at the dinner too citing that NFT is still growing strong and niche marketplaces will thrive in the current bull market. “I think big brands will utilize NFT to the next level. As we look to the future, it’s evident that NFTs will play a pivotal role in how big brands innovate and interact with their audiences. The next level of NFT utilization is poised to redefine the essence of brand value and customer loyalty in the ever-evolving digital landscape.”

Sean, DAO member of COPX.AI added: “AI trading platforms that leverage the unique attributes of NFTs are pioneering a new frontier in asset trading. By combining the precision and efficiency of AI algorithms with the distinctiveness and security of NFTs, these platforms offer traders an unparalleled experience. The AI’s ability to analyze vast amounts of market data and execute trades at optimal times complements the authenticity and ownership verification that NFTs provide for digital assets. This synergy could potentially transform the trading landscape, offering more personalized and secure transactions while opening up novel avenues for asset diversification and investment strategies.”

Alex Atashkar concluded the evening with an inspiring call to action, inviting all attendees to collaborate and explore synergies that could propel the NFT space to new heights. His message underscored the importance of unity and collective effort in fostering innovation and growth within the ecosystem. He emphasized that by pooling resources, sharing knowledge, and supporting one another, the community could overcome challenges and unlock the full potential of NFTs.

He highlighted the significance of creating a welcoming environment where ideas can flourish, and diverse talents can converge to drive the NFT market forward. Alex’s vision for a collaborative future resonates with the core principles of the blockchain community—decentralization, transparency, and inclusivity.

Among the esteemed guests were titans of the web 3.0 field, including Huobi, GOPAX, HASHED, NEXUM, Foresight Ventures and GOTBIT Hedge Fund. Their presence underscored the significance of Seed.Photo’s mission, uniting visionaries to chart a course towards an inclusive future for NFTs in the digital age.

 

Source: https://coincodex.com/article/43038/seedphotos-creative-workshop-and-exclusive-gathering-in-seoul/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

The Best Crypto Conferences to Attend in 2024

The Best Crypto Conferences to Attend in 2024

We are reaching the halfway point of 2024, and it is yet another exciting year in crypto — from BTC all-time highs to the ‘halving‘ to a BTC ETF.

And for real-world excitement, nothing matches being at a crypto event in real life.

From the Bitcoin 2024 Conference to the Ethereum Devcon’s Southeast Asia tour, these crypto events offer unparalleled opportunities to learn, connect, and witness the latest innovations firsthand.

This article compiles a list of the best crypto and blockchain conferences to attend in 2024. Do any catch your eye?

Key Takeaways

  • Crypto conferences are amazing opportunities to network, find work, meet the teams behind your favorite cryptocurrencies, and learn about the latest blockchain developments.
  • On a good day, you may even see Ethereum co-creator Vitalik Buterin wearing a funky costume.
  • Bitcoin 2024 will be held in Nashville, USA in mid-July 2024.
  • Other upcoming 2024 crypto events include the Blockchain Summit in Washington and CONF3RENCE in Dortmund.

The Best Crypto Conferences to Attend in 2024

Consensus 2024 – Austin, USA

Consensus is a cryptocurrency and blockchain conference hosted by news agency CoinDesk. The conference features conversations with visionaries within the crypto industry about industry challenges, regulations, a decentralized future, and more.

Consensus 2024 will be held from 29 May to 31 May 2024 in Austin, Texas.

The conference will feature keynotes from the industry’s prominent leaders on market-moving topics, programs focusing on finance and investing, crypto learning, fundraising platforms, and an immersive art gallery.

TOKEN2049 – Dubai and Singapore

TOKEN2049 is a crypto conference held annually in Dubai and Singapore, which hosts founders and executives of leading web3 companies.

Tyler Winklevoss, CEO of Gemini, Arthur Hayes, founder of BitMex, Jeremy Allaire, CEO of Circle, and Balaji Srinivasan, former CTO of Coinbase, were ready to take the stage at TOKEN2049, Dubai.

Unfortunately, TOKEN2049 in Dubai on April 18-19 was marred by unprecedented rainfall in Dubai in the days before — causing severe disruption across roads and flights as well as flooding in the conference hall itself.

It’s extremely bad luck for the city and the organizers, and we wish the TOKEN2049 team all the luck for the Singapore event across September 18-19, 2024.

Devcon – Southeast Asia

Devcon is Ethereum’s most significant annual conference. There is extra excitement ahead of the seventh edition of Devcon as the conference makes a comeback after a one-year gap. Furthermore, 2024 will be the first time that the Ethereum Foundation takes Devcon to Southeast Asia.

The Ethereum Foundation-hosted event sees the crypto industry’s thought leaders come together to teach the community and discuss the industry’s future. Devcon will also host workshop rooms, dedicated co-work areas, bookable meeting spaces, and hacker basements for people to come together to meet and work.

Devcon 7 will be held in Bangkok, Thailand, from 12 November to 15 November 2024.

Bitcoin 2024 – Nashville, USA

Every year, the Bitcoin faithful pilgrimage to the biggest of Bitcoin conferences to bond over their shared love for Bitcoin.

The annual Bitcoin conference hosted by Bitcoin Magazine has been the crypto industry’s largest annual conference over the last decade. In 2023, the conference drew a crowd of over 15,000 as US presidential candidate Robert F. Kennedy starred as the event’s key speaker.

The upcoming Bitcoin 2024 conference will be held in Nashville, USA, from 25 July to 27 July 2024. There is extra excitement about the 2024 edition as Bitcoin approaches its halving event.

Bitcoin supporters and event organizers hope the halving event can prop up Bitcoin prices to create a buoyant mood at Bitcoin 2024.

Best Crypto Conferences 2024: Honorable Mentions

  • Solana Breakpoint 2024: The Solana Foundation will host the highly anticipated crypto conference in Singapore between September 19 and 21, 2024.
  • Messari Mainnet: The popular crypto conference hosted by blockchain analytics firm Messari will be held in New York between 30 September and 2 October 2024.
  • Cosmoverse 2024: The Cosmos ecosystem’s largest crypto event will be held in Dubai on 21 October and 22 October 2024.

The Best of the (Completed!) Crypto Conferences for 2024

WOW Summit – Hong Kong

WOW Summit was held in Hong Kong on 26 March and 27 March 2024. The 2024 edition of the WOW Summit presented an excellent opportunity to get an inside view of crypto developments in an Asian city that is slowly becoming a major global crypto hub.

The crypto event attracted more than 7,000 attendees, 100 speakers, and investors from across the globe. Among the speakers were Chinese government officials who may give listeners clues about the future of crypto regulation in Hong Kong.

Paris Blockchain Week – Paris, France

Paris Blockchain Week is a five-day annual Web3 and blockchain conference that brings together business leaders, investors, entrepreneurs, and developers from the blockchain, Web3, and finance industry.

The fifth edition of Paris Blockchain Week was held in Paris, France, from 8 April to 12 April 2024.

Key speakers at the event included Mihailo Bjelic of Polygon, Yat Siu of Animoca Brands, Tadge Dryja of Lightning Network, and Claire Calmejane of Societe Generale.

Paris Blockchain Week discussed decentralized finance adoption trends, artificial intelligence, web3 brands, NFT gaming, enterprise blockchain, crypto regulations, and more.

NFT NYC – New York, USA

NFT NYC is among the biggest non-fungible token (NFT) conferences in the world.

NFT NYC 2024 was held in Times Square and Hudson Yards in New York from April 3 to April 5, 2024. The event covered art, gaming, entertainment, community building, and more.

Techopedia dived into author Anndy Lian’s speech from the conference, discussing the future landscape of NFTs and looking ahead to the key use cases.

ETHDenver – Denver, USA

ETHDenver is the largest web3 hackathon in the world for Ethereum developers. The event was held between 23 February and 3 March 2024 in Denver, Colorado, USA.

The event is considered among the top crypto conferences to connect with fellow Ethereum enthusiasts.

SporkDAO is the community-owned organization behind ETHDenver. It holds a $10 million fund that will be deployed into projects emerging from ETHDenver 2024.

CONF3RENCE – Dortmund, Germany

CONF3RENCE was a cryptocurrency, blockchain, and artificial intelligence (AI) conference that took place from 15 May to 16 May 2024 in Dortmund, Germany, at Signal Iduna Park, an iconic football stadium.

CONF3RENCE brings together executives from various industries and explores “exciting possibilities that emerge when bridging the gap between the traditional economy and Web3.”

The speakers included Stefan Ebener of Google, Madison Edgar of Activision Blizzard, Christian Rau of Mastercard, Timo Kistner of Nvidia, Thomas Barkias of European Central Bank, and more.

Blockchain Summit 2024  – Washington DC

This is not your standard conference, but worth highlighting. The Blockchain Summit 2024, held in Washington on May 8 and 9, is where lawmakers, brought together by the Chamber of Digital Commerce, work out precisely how to integrate blockchain into the world.

Speakers will include US Representative Mike Flood, Senator Kirsten Gillibrand, Senator Cynthia Lummis, Anthony J. Apollo, who is working hard to make a Wyoming state stablecoin a reality, Whitney Case from the US Department of Treasury, Confusion Capital’s Nevin Freeman, Scott Melker (The Wolf of All Streets) and many many more.

The Bottom Line

There are many crypto conferences in 2024. If you think the above events are too Bitcoin and Ethereum-oriented, you can participate in the annual conferences of your favorite altcoin project, like Solana Breakpoint 2024 or Cosmosverse 2024.

The best part is that you can attend almost all crypto conferences remotely. These events are live-streamed, allowing you to be part of the community from anywhere in the world.

 

 

Source: https://www.techopedia.com/10-best-crypto-conferences-to-attend-in-2024

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j