Terra

Verichains Discloses Blockchain security Vulnerabilities,urges action

Retrieved on: 
Saturday, March 11, 2023

Verichains Discloses Blockchain Security Vulnerabilities, Urges Action

Key Points: 
  • Verichains Discloses Blockchain Security Vulnerabilities, Urges Action
    Leading blockchain security firm Verichains has urged projects using IAVL proof verification in Tendermint Core to secure their assets and mitigate exploitation risks after identifying several significant vulnerabilities.
  • Verichains made these discoveries while carrying out work last October after the BNB Chain bridge was hacked.
  • Verichains has urged affected Web3 projects, still using Tendermint's IAVL proof verification, to upgrade their security before suffering a catastrophic loss.
  • Security flaws and vulnerabilities identified by the Verichains team during its research and testing are regularly posted on the company's website.

SEC Charges Terraform and CEO Do Kwon with Defrauding Investors in Crypto Schemes

Retrieved on: 
Thursday, February 16, 2023

According to the SEC’s complaint, from April 2018 until the scheme’s collapse in May 2022, Terraform and Kwon raised billions of dollars from investors by offering and selling an inter-connected suite of crypto asset securities, many in unregistered transactions.

Key Points: 
  • According to the SEC’s complaint, from April 2018 until the scheme’s collapse in May 2022, Terraform and Kwon raised billions of dollars from investors by offering and selling an inter-connected suite of crypto asset securities, many in unregistered transactions.
  • The complaint further alleges that Terraform and Kwon offered and sold investors other means to invest in their crypto empire, including the crypto asset security tokens MIR—or “mirror” tokens—and LUNA itself.
  • The SEC’s complaint alleges that Terraform and Kwon marketed crypto asset securities to investors seeking to earn a profit, repeatedly claiming that the tokens would increase in value.
  • Meanwhile, Terraform and Kwon also allegedly misled investors about the stability of UST.

EQS-News: Ahead of its business plan, Andera Partners approaches 4 billion euros in assets under management and announces a new 2028 target of 6 to 8 billion euros

Retrieved on: 
Wednesday, February 22, 2023

Ahead of its business plan, Andera Partners approaches 4 billion euros in assets under management and announces a new 2028 target of 6 to 8 billion euros

Key Points: 
  • Ahead of its business plan, Andera Partners approaches 4 billion euros in assets under management and announces a new 2028 target of 6 to 8 billion euros
    The issuer is solely responsible for the content of this announcement.
  • With more than 3.7bn€ in assets under management, Andera Partners is quickly reaching its 2025 target of 4 to 5bn€ under management and announces a new target of 6 to 8bn€ by 2028.
  • Ahead of its business plan, Andera Partners will reach 4bn€ in assets under management in 2023, thus achieving its initial 2025 target two years ahead of schedule.
  • In announcing a new target of 6 to 8bn€ in assets under management by 2028, Andera Partners outlines its ambitions for the next five years.

Terraport Launch to Further Enhance LUNC with its New Lease of Life

Retrieved on: 
Friday, February 17, 2023

Terraport has been developed and is maintained by TerraCVita , an independent team whose goal is to rebuild and push the Terra Classic ecosystem.

Key Points: 
  • Terraport has been developed and is maintained by TerraCVita , an independent team whose goal is to rebuild and push the Terra Classic ecosystem.
  • In January 2023, TerraCVita raised $2 million to build Terraport and support the network.
  • Now the company is holding a second public sale to further support its exciting development – which runs until March 15.
  • The DEX is just one aspect of how Terraport will bolster the newly thriving Terra Classic network.

SupraFin Launches Institutional Quality Crypto Risk Scores/Ratings

Retrieved on: 
Tuesday, February 7, 2023

"We have been involved in the crypto industry since 2018, and since then, we have developed crypto risk scores/ratings that we use in our crypto risk models to recommend crypto baskets through the SupraFin wealthtech platform.

Key Points: 
  • "We have been involved in the crypto industry since 2018, and since then, we have developed crypto risk scores/ratings that we use in our crypto risk models to recommend crypto baskets through the SupraFin wealthtech platform.
  • We launched SupraFin's crypto risk scores to provide additional crypto intelligence to ETP creators, funds, risk management groups, asset management companies, payment companies, and regulators involved in the crypto industry," says Liliana Reasor , President at SupraFin USA, Inc.
    SupraFin's crypto risk scores are comprehensive as they incorporate all the risks related to cryptocurrencies, not just market risk.
  • Click here to get an overview of SupraFin's crypto risk scores and a free API key to access SupraFin's risk scores.
  • On February 1st, 2023, SupraFin hosted a private event at Crypto Club Global's Blacks Club in Soho, London, to announce the launch of SupraFin's crypto risk scores.

Injective Launches $150M Ecosystem Group with Support From Pantera Capital, Jump Crypto, Kucoin Ventures and Delphi Labs

Retrieved on: 
Wednesday, January 25, 2023

NEW YORK, Jan. 25, 2023 /PRNewswire/ -- Injective, a blockchain specifically designed for building financial applications, today announced a new $150 million ecosystem initiative to further accelerate the adoption of interoperable infrastructure and DeFi.

Key Points: 
  • Injective is the first fully decentralized smart contracts platform optimized for building finance applications.
  • Injective is already one of the most interoperable networks in existence with native access to Cosmos IBC enabled chains and Ethereum.
  • This new ecosystem initiative is backed by a consortium of leading firms in Web3, including Pantera Capital, Kraken Ventures, Jump Crypto, Kucoin Ventures, Delphi Labs, Flow Traders, Gate Labs and IDG Capital.
  • "Developer activity on Injective is rapidly increasing with major projects and this new ecosystem fund will provide unmatched opportunities for new builders entering Web3 and the Cosmos ecosystem overall."

Terra Drone Raises $14 Million from Aramco's Wa'ed Ventures

Retrieved on: 
Wednesday, January 25, 2023

With this financing, Terra Drone will set up a new subsidiary in the Kingdom of Saudi Arabia, Terra Drone Arabia, in line with the Saudi government's "Vision 2030."

Key Points: 
  • With this financing, Terra Drone will set up a new subsidiary in the Kingdom of Saudi Arabia, Terra Drone Arabia, in line with the Saudi government's "Vision 2030."
  • Terra Drone will support a new subsidiary by taking advantage of whole business experiences of Terra Drone in Global, No.1 drone solution provider in the world in the fields of survey, inspection and unmanned traffic management (UTM).
  • Terra drone will provide oil-gas inspection services, The new subsidiary will also help Terra Drone, which is counted among the top two drone service providers in the world, to further its expansion globally.
  • At present, Terra Drone provides drone and UAM solutions in 10 countries across the world.

Terra Drone Raises $14 Million from Aramco's Wa'ed Ventures

Retrieved on: 
Wednesday, January 25, 2023

With this financing, Terra Drone will set up a new subsidiary in the Kingdom of Saudi Arabia, Terra Drone Arabia, in line with the Saudi government's "Vision 2030."

Key Points: 
  • With this financing, Terra Drone will set up a new subsidiary in the Kingdom of Saudi Arabia, Terra Drone Arabia, in line with the Saudi government's "Vision 2030."
  • Terra Drone will support a new subsidiary by taking advantage of whole business experiences of Terra Drone in Global, No.1 drone solution provider in the world in the fields of survey, inspection and unmanned traffic management (UTM).
  • Terra drone will provide oil-gas inspection services, The new subsidiary will also help Terra Drone, which is counted among the top two drone service providers in the world, to further its expansion globally.
  • At present, Terra Drone provides drone and UAM solutions in 10 countries across the world.

EXEL Industries: first quarter 2022-2023 sales, up 16.1%

Retrieved on: 
Wednesday, January 25, 2023

Agricultural commodity prices have dipped slightly from their spring 2022 peak but remain high, boosting order intake.

Key Points: 
  • Agricultural commodity prices have dipped slightly from their spring 2022 peak but remain high, boosting order intake.
  • Although this quarter is not representative for this activity subject to seasonal trends, first-quarter sales showed sustained double-digit growth, in line with Q4 2021–2022.
  • Sales were driven by new machines, in particular the first sales of the Terra Dos 5, the latest generation of sugar beet harvesters.
  • The EXEL Yachting business remained broadly stable during the quarter, a period that is not very representative of the business, given its seasonal nature.

The Highly-Anticipated Interchain AMM 'Astroport' Joins The Injective Ecosystem

Retrieved on: 
Wednesday, January 18, 2023

"We are excited that Astroport has chosen Injective as its first destination chain," said Eric Chen, co-founder and CEO of Injective Labs.

Key Points: 
  • "We are excited that Astroport has chosen Injective as its first destination chain," said Eric Chen, co-founder and CEO of Injective Labs.
  • "The addition of Astroport will bring Injective to new heights while helping  the ecosystem attract even more builders and users."
  • Astroport launches its beta on Injective today, opening up access to select community members in the Injective, Astroport, and Cosmos communities.
  • To learn more about Injective, follow @Injective _ on Twitter, subscribe to the Injective Blog , or visit Injective.com .