The announcement also came with a decision by the UK Upper Tribunal to\u00a0reject<\/a>\u00a0an appeal filed by Gidiplus, a firm offering crypto ATM services, to continue trading. A \u201clack of evidence as to how GIdiplus would undertake its business in a broadly compliant fashion' concluded the decision.<\/p>\n\n\n\n
\"Crypto ATMs offering cryptoasset exchange services in the UK must be registered with us and comply with UK Money Laundering Regulations (MLR). None of the cryptoasset firms registered with us have been approved to offer crypto ATM services, meaning that any of them operating in the UK are doing so illegally and consumers should not be using them<\/em>.\"<\/p>FCA, March 11th <\/cite><\/blockquote>\n\n\n\n
The announcement also came with a decision by the UK Upper Tribunal to\u00a0reject<\/a>\u00a0an appeal filed by Gidiplus, a firm offering crypto ATM services, to continue trading. A \u201clack of evidence as to how GIdiplus would undertake its business in a broadly compliant fashion' concluded the decision.<\/p>\n\n\n\n
The FCA published a list of companies<\/a> involved in cryptocurrency who have not registered their business with the financial watchdog for anti-money-laundering checks. Since the publication of the list, 110 of the companies have ceased trading.<\/p>\n","post_title":"Crypto ATMs Banned In The UK Over Legal Concerns","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-atms-banned-in-the-uk-over-legal-concerns","to_ping":"","pinged":"","post_modified":"2022-03-12 12:46:23","post_modified_gmt":"2022-03-12 01:46:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3883","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
ADVERTISEMENT\n Being an ATM, there is no need for an account or background check. The FCA is concerned about the fact that there are not these checks that exchanges would usually set in place. The FCA has taken immediate action until they decide on regulations<\/a> that allow these machines to 'safely' function.<\/p>\n\n\n\n
\"Crypto ATMs offering cryptoasset exchange services in the UK must be registered with us and comply with UK Money Laundering Regulations (MLR). None of the cryptoasset firms registered with us have been approved to offer crypto ATM services, meaning that any of them operating in the UK are doing so illegally and consumers should not be using them<\/em>.\"<\/p>FCA, March 11th <\/cite><\/blockquote>\n\n\n\n
The announcement also came with a decision by the UK Upper Tribunal to\u00a0reject<\/a>\u00a0an appeal filed by Gidiplus, a firm offering crypto ATM services, to continue trading. A \u201clack of evidence as to how GIdiplus would undertake its business in a broadly compliant fashion' concluded the decision.<\/p>\n\n\n\n
The FCA published a list of companies<\/a> involved in cryptocurrency who have not registered their business with the financial watchdog for anti-money-laundering checks. Since the publication of the list, 110 of the companies have ceased trading.<\/p>\n","post_title":"Crypto ATMs Banned In The UK Over Legal Concerns","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-atms-banned-in-the-uk-over-legal-concerns","to_ping":"","pinged":"","post_modified":"2022-03-12 12:46:23","post_modified_gmt":"2022-03-12 01:46:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3883","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
ADVERTISEMENT\n There are currently 70 crypto ATMs running in the UK says CoinATMRadar<\/a> data. The FCA believes that as these machines allow holders to transact cash into crypto or vice versa, it could facilitate money laundering. <\/p>\n\n\n\n
Being an ATM, there is no need for an account or background check. The FCA is concerned about the fact that there are not these checks that exchanges would usually set in place. The FCA has taken immediate action until they decide on regulations<\/a> that allow these machines to 'safely' function.<\/p>\n\n\n\n
\"Crypto ATMs offering cryptoasset exchange services in the UK must be registered with us and comply with UK Money Laundering Regulations (MLR). None of the cryptoasset firms registered with us have been approved to offer crypto ATM services, meaning that any of them operating in the UK are doing so illegally and consumers should not be using them<\/em>.\"<\/p>FCA, March 11th <\/cite><\/blockquote>\n\n\n\n
The announcement also came with a decision by the UK Upper Tribunal to\u00a0reject<\/a>\u00a0an appeal filed by Gidiplus, a firm offering crypto ATM services, to continue trading. A \u201clack of evidence as to how GIdiplus would undertake its business in a broadly compliant fashion' concluded the decision.<\/p>\n\n\n\n
The FCA published a list of companies<\/a> involved in cryptocurrency who have not registered their business with the financial watchdog for anti-money-laundering checks. Since the publication of the list, 110 of the companies have ceased trading.<\/p>\n","post_title":"Crypto ATMs Banned In The UK Over Legal Concerns","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-atms-banned-in-the-uk-over-legal-concerns","to_ping":"","pinged":"","post_modified":"2022-03-12 12:46:23","post_modified_gmt":"2022-03-12 01:46:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3883","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
ADVERTISEMENT\n The UK Financial Conduct Authority (FCA) has announced<\/a> the banning of every crypto ATM in the country. Crypto ATMs in the UK are operating illegally, as none of them are registered. Failing to do so may result in legal action states the FCA.<\/p>\n\n\n\n
There are currently 70 crypto ATMs running in the UK says CoinATMRadar<\/a> data. The FCA believes that as these machines allow holders to transact cash into crypto or vice versa, it could facilitate money laundering. <\/p>\n\n\n\n
Being an ATM, there is no need for an account or background check. The FCA is concerned about the fact that there are not these checks that exchanges would usually set in place. The FCA has taken immediate action until they decide on regulations<\/a> that allow these machines to 'safely' function.<\/p>\n\n\n\n
\"Crypto ATMs offering cryptoasset exchange services in the UK must be registered with us and comply with UK Money Laundering Regulations (MLR). None of the cryptoasset firms registered with us have been approved to offer crypto ATM services, meaning that any of them operating in the UK are doing so illegally and consumers should not be using them<\/em>.\"<\/p>FCA, March 11th <\/cite><\/blockquote>\n\n\n\n
The announcement also came with a decision by the UK Upper Tribunal to\u00a0reject<\/a>\u00a0an appeal filed by Gidiplus, a firm offering crypto ATM services, to continue trading. A \u201clack of evidence as to how GIdiplus would undertake its business in a broadly compliant fashion' concluded the decision.<\/p>\n\n\n\n
The FCA published a list of companies<\/a> involved in cryptocurrency who have not registered their business with the financial watchdog for anti-money-laundering checks. Since the publication of the list, 110 of the companies have ceased trading.<\/p>\n","post_title":"Crypto ATMs Banned In The UK Over Legal Concerns","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-atms-banned-in-the-uk-over-legal-concerns","to_ping":"","pinged":"","post_modified":"2022-03-12 12:46:23","post_modified_gmt":"2022-03-12 01:46:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3883","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
ADVERTISEMENT\n \"It\u2019s been amazing to watch the BAYC ecosystem use their rights to collaborate and build awesome shit we never could have dreamed up. We can\u2019t wait to see the Cryptopunks and Meebits communities do the same.<\/em>\"<\/p>Yuga Labs on Twitter<\/a><\/cite><\/blockquote>\n","post_title":"BAYC's Yuga Labs Acquires Rights To CryptoPunks And Meebits","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:28","post_modified_gmt":"2022-03-14 10:05:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3883,"post_author":"1","post_date":"2022-03-12 12:39:28","post_date_gmt":"2022-03-12 01:39:28","post_content":"\n
The UK Financial Conduct Authority (FCA) has announced<\/a> the banning of every crypto ATM in the country. Crypto ATMs in the UK are operating illegally, as none of them are registered. Failing to do so may result in legal action states the FCA.<\/p>\n\n\n\n
There are currently 70 crypto ATMs running in the UK says CoinATMRadar<\/a> data. The FCA believes that as these machines allow holders to transact cash into crypto or vice versa, it could facilitate money laundering. <\/p>\n\n\n\n
Being an ATM, there is no need for an account or background check. The FCA is concerned about the fact that there are not these checks that exchanges would usually set in place. The FCA has taken immediate action until they decide on regulations<\/a> that allow these machines to 'safely' function.<\/p>\n\n\n\n
\"Crypto ATMs offering cryptoasset exchange services in the UK must be registered with us and comply with UK Money Laundering Regulations (MLR). None of the cryptoasset firms registered with us have been approved to offer crypto ATM services, meaning that any of them operating in the UK are doing so illegally and consumers should not be using them<\/em>.\"<\/p>FCA, March 11th <\/cite><\/blockquote>\n\n\n\n
The announcement also came with a decision by the UK Upper Tribunal to\u00a0reject<\/a>\u00a0an appeal filed by Gidiplus, a firm offering crypto ATM services, to continue trading. A \u201clack of evidence as to how GIdiplus would undertake its business in a broadly compliant fashion' concluded the decision.<\/p>\n\n\n\n
The FCA published a list of companies<\/a> involved in cryptocurrency who have not registered their business with the financial watchdog for anti-money-laundering checks. Since the publication of the list, 110 of the companies have ceased trading.<\/p>\n","post_title":"Crypto ATMs Banned In The UK Over Legal Concerns","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-atms-banned-in-the-uk-over-legal-concerns","to_ping":"","pinged":"","post_modified":"2022-03-12 12:46:23","post_modified_gmt":"2022-03-12 01:46:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3883","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
ADVERTISEMENT\n Yuga Labs plans to grant the commercial rights to all CryptoPunk and Meebit NFTs to their owners, as has been done for BAYC owners. This still means that Yuga Labs owns the collection and will \"be building the overall brand right alongside them\", but each NFT owner can monetize their specific ape.<\/p>\n\n\n\n
\"It\u2019s been amazing to watch the BAYC ecosystem use their rights to collaborate and build awesome shit we never could have dreamed up. We can\u2019t wait to see the Cryptopunks and Meebits communities do the same.<\/em>\"<\/p>Yuga Labs on Twitter<\/a><\/cite><\/blockquote>\n","post_title":"BAYC's Yuga Labs Acquires Rights To CryptoPunks And Meebits","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:28","post_modified_gmt":"2022-03-14 10:05:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3883,"post_author":"1","post_date":"2022-03-12 12:39:28","post_date_gmt":"2022-03-12 01:39:28","post_content":"\n
The UK Financial Conduct Authority (FCA) has announced<\/a> the banning of every crypto ATM in the country. Crypto ATMs in the UK are operating illegally, as none of them are registered. Failing to do so may result in legal action states the FCA.<\/p>\n\n\n\n
There are currently 70 crypto ATMs running in the UK says CoinATMRadar<\/a> data. The FCA believes that as these machines allow holders to transact cash into crypto or vice versa, it could facilitate money laundering. <\/p>\n\n\n\n
Being an ATM, there is no need for an account or background check. The FCA is concerned about the fact that there are not these checks that exchanges would usually set in place. The FCA has taken immediate action until they decide on regulations<\/a> that allow these machines to 'safely' function.<\/p>\n\n\n\n
\"Crypto ATMs offering cryptoasset exchange services in the UK must be registered with us and comply with UK Money Laundering Regulations (MLR). None of the cryptoasset firms registered with us have been approved to offer crypto ATM services, meaning that any of them operating in the UK are doing so illegally and consumers should not be using them<\/em>.\"<\/p>FCA, March 11th <\/cite><\/blockquote>\n\n\n\n
The announcement also came with a decision by the UK Upper Tribunal to\u00a0reject<\/a>\u00a0an appeal filed by Gidiplus, a firm offering crypto ATM services, to continue trading. A \u201clack of evidence as to how GIdiplus would undertake its business in a broadly compliant fashion' concluded the decision.<\/p>\n\n\n\n
The FCA published a list of companies<\/a> involved in cryptocurrency who have not registered their business with the financial watchdog for anti-money-laundering checks. Since the publication of the list, 110 of the companies have ceased trading.<\/p>\n","post_title":"Crypto ATMs Banned In The UK Over Legal Concerns","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-atms-banned-in-the-uk-over-legal-concerns","to_ping":"","pinged":"","post_modified":"2022-03-12 12:46:23","post_modified_gmt":"2022-03-12 01:46:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3883","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
ADVERTISEMENT\n Yuga Labs \"now own the brands, copyright in the art, and other IP rights for both collections, along with 423 CryptoPunks and 1711 Meebits\" according to their announcement. This means that they own both the 1st<\/a> and 2nd<\/a> most valuable NFT collections on the market.<\/p>\n\n\n\n
Yuga Labs plans to grant the commercial rights to all CryptoPunk and Meebit NFTs to their owners, as has been done for BAYC owners. This still means that Yuga Labs owns the collection and will \"be building the overall brand right alongside them\", but each NFT owner can monetize their specific ape.<\/p>\n\n\n\n
\"It\u2019s been amazing to watch the BAYC ecosystem use their rights to collaborate and build awesome shit we never could have dreamed up. We can\u2019t wait to see the Cryptopunks and Meebits communities do the same.<\/em>\"<\/p>Yuga Labs on Twitter<\/a><\/cite><\/blockquote>\n","post_title":"BAYC's Yuga Labs Acquires Rights To CryptoPunks And Meebits","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"baycs-yuga-labs-acquires-rights-to-cryptopunks-and-meebits","to_ping":"","pinged":"","post_modified":"2022-03-14 21:05:28","post_modified_gmt":"2022-03-14 10:05:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3890","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3883,"post_author":"1","post_date":"2022-03-12 12:39:28","post_date_gmt":"2022-03-12 01:39:28","post_content":"\n
The UK Financial Conduct Authority (FCA) has announced<\/a> the banning of every crypto ATM in the country. Crypto ATMs in the UK are operating illegally, as none of them are registered. Failing to do so may result in legal action states the FCA.<\/p>\n\n\n\n
There are currently 70 crypto ATMs running in the UK says CoinATMRadar<\/a> data. The FCA believes that as these machines allow holders to transact cash into crypto or vice versa, it could facilitate money laundering. <\/p>\n\n\n\n
Being an ATM, there is no need for an account or background check. The FCA is concerned about the fact that there are not these checks that exchanges would usually set in place. The FCA has taken immediate action until they decide on regulations<\/a> that allow these machines to 'safely' function.<\/p>\n\n\n\n
\"Crypto ATMs offering cryptoasset exchange services in the UK must be registered with us and comply with UK Money Laundering Regulations (MLR). None of the cryptoasset firms registered with us have been approved to offer crypto ATM services, meaning that any of them operating in the UK are doing so illegally and consumers should not be using them<\/em>.\"<\/p>FCA, March 11th <\/cite><\/blockquote>\n\n\n\n
The announcement also came with a decision by the UK Upper Tribunal to\u00a0reject<\/a>\u00a0an appeal filed by Gidiplus, a firm offering crypto ATM services, to continue trading. A \u201clack of evidence as to how GIdiplus would undertake its business in a broadly compliant fashion' concluded the decision.<\/p>\n\n\n\n
The FCA published a list of companies<\/a> involved in cryptocurrency who have not registered their business with the financial watchdog for anti-money-laundering checks. Since the publication of the list, 110 of the companies have ceased trading.<\/p>\n","post_title":"Crypto ATMs Banned In The UK Over Legal Concerns","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-atms-banned-in-the-uk-over-legal-concerns","to_ping":"","pinged":"","post_modified":"2022-03-12 12:46:23","post_modified_gmt":"2022-03-12 01:46:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3883","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
ADVERTISEMENT\n \n A joint<\/a> announcement<\/a> was made by Larva Labs and Yuga Labs on Twitter<\/a> on Friday evening.<\/p>\n\n\n\n
\n Yuga Labs, the company behind the Bored Ape Yacht Club NFT collection, has acquired CryptoPunks and Meebits from fellow developer Larva Labs.<\/p>\n\n\n\n
A joint<\/a> announcement<\/a> was made by Larva Labs and Yuga Labs on Twitter<\/a> on Friday evening.<\/p>\n\n\n\n
\n <\/p>\n","post_title":"EtherRock Worth $1M Sold For A Fraction Of A Cent","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"etherrock-worth-1m-sold-for-a-fraction-of-a-cent","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/wei\/","post_modified":"2023-04-11 12:52:09","post_modified_gmt":"2023-04-11 02:52:09","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3933","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3890,"post_author":"1","post_date":"2022-03-13 19:50:24","post_date_gmt":"2022-03-13 08:50:24","post_content":"\n
Yuga Labs, the company behind the Bored Ape Yacht Club NFT collection, has acquired CryptoPunks and Meebits from fellow developer Larva Labs.<\/p>\n\n\n\n
A joint<\/a> announcement<\/a> was made by Larva Labs and Yuga Labs on Twitter<\/a> on Friday evening.<\/p>\n\n\n\n
\n \"They say it is better to have rocked and lost rock than to have never rocked at all.\"<\/em><\/p>HiddenGnome on Twitter<\/a><\/cite><\/blockquote>\n\n\n\n
<\/p>\n","post_title":"EtherRock Worth $1M Sold For A Fraction Of A Cent","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"etherrock-worth-1m-sold-for-a-fraction-of-a-cent","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/wei\/","post_modified":"2023-04-11 12:52:09","post_modified_gmt":"2023-04-11 02:52:09","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3933","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3890,"post_author":"1","post_date":"2022-03-13 19:50:24","post_date_gmt":"2022-03-13 08:50:24","post_content":"\n
Yuga Labs, the company behind the Bored Ape Yacht Club NFT collection, has acquired CryptoPunks and Meebits from fellow developer Larva Labs.<\/p>\n\n\n\n
A joint<\/a> announcement<\/a> was made by Larva Labs and Yuga Labs on Twitter<\/a> on Friday evening.<\/p>\n\n\n\n
\n \n Although a very costly mistake, Dino has made his peace with the situation, agreeing it was more of an \"easy come, easy go\" situation. <\/p>\n\n\n\n
\n The EtherRock was instantly purchased<\/a> and relisted by a bot, within the same block, with Dino requesting<\/a> an Etherscan refund. This has so far been unsuccessful. <\/p>\n\n\n\n
Although a very costly mistake, Dino has made his peace with the situation, agreeing it was more of an \"easy come, easy go\" situation. <\/p>\n\n\n\n
\n \n Former owner Dino, posted about the unfortunate event on Twitter.<\/p>\n\n\n\n
\n EtherRock #44, an NFT<\/a> valued at around US$1,000,000 was accidentally listed<\/a> for 444 Wei<\/a> (>US$0.0000001), rather than 444 Ether (US$1,151,000).<\/p>\n\n\n\n
Former owner Dino, posted about the unfortunate event on Twitter.<\/p>\n\n\n\n
\n Without disclosing any serious numbers, Aptos founders told TechCrunch<\/a> they were \"well off into the unicorn territory,\" this means the company is valued at a minimum of $1 billion.<\/p>\n","post_title":"Aptos, A Blockchain Derived From Meta's Failed Diem Project Raises $200m","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"aptos-a-blockchain-derived-from-metas-failed-diem-project-raises-200m","to_ping":"","pinged":"","post_modified":"2022-04-24 23:23:56","post_modified_gmt":"2022-04-24 13:23:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3959","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3933,"post_author":"1","post_date":"2022-03-14 22:44:23","post_date_gmt":"2022-03-14 11:44:23","post_content":"\n
EtherRock #44, an NFT<\/a> valued at around US$1,000,000 was accidentally listed<\/a> for 444 Wei<\/a> (>US$0.0000001), rather than 444 Ether (US$1,151,000).<\/p>\n\n\n\n
Former owner Dino, posted about the unfortunate event on Twitter.<\/p>\n\n\n\n
\n Aptos announced<\/a> that they have \"raised $200 million in a strategic round led by a16z crypto with participation from Multicoin Capital, Katie Haun, 3 Arrows Capital, ParaFi Capital, IRONGREY, Hashed, Variant, Tiger Global, BlockTower, FTX Ventures, Paxos, and Coinbase Ventures\"<\/p>\n\n\n\n
Without disclosing any serious numbers, Aptos founders told TechCrunch<\/a> they were \"well off into the unicorn territory,\" this means the company is valued at a minimum of $1 billion.<\/p>\n","post_title":"Aptos, A Blockchain Derived From Meta's Failed Diem Project Raises $200m","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"aptos-a-blockchain-derived-from-metas-failed-diem-project-raises-200m","to_ping":"","pinged":"","post_modified":"2022-04-24 23:23:56","post_modified_gmt":"2022-04-24 13:23:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3959","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3933,"post_author":"1","post_date":"2022-03-14 22:44:23","post_date_gmt":"2022-03-14 11:44:23","post_content":"\n
EtherRock #44, an NFT<\/a> valued at around US$1,000,000 was accidentally listed<\/a> for 444 Wei<\/a> (>US$0.0000001), rather than 444 Ether (US$1,151,000).<\/p>\n\n\n\n
Former owner Dino, posted about the unfortunate event on Twitter.<\/p>\n\n\n\n
\n Aptos Raising $200 Million<\/h2>\n\n\n\n
Aptos announced<\/a> that they have \"raised $200 million in a strategic round led by a16z crypto with participation from Multicoin Capital, Katie Haun, 3 Arrows Capital, ParaFi Capital, IRONGREY, Hashed, Variant, Tiger Global, BlockTower, FTX Ventures, Paxos, and Coinbase Ventures\"<\/p>\n\n\n\n
Without disclosing any serious numbers, Aptos founders told TechCrunch<\/a> they were \"well off into the unicorn territory,\" this means the company is valued at a minimum of $1 billion.<\/p>\n","post_title":"Aptos, A Blockchain Derived From Meta's Failed Diem Project Raises $200m","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"aptos-a-blockchain-derived-from-metas-failed-diem-project-raises-200m","to_ping":"","pinged":"","post_modified":"2022-04-24 23:23:56","post_modified_gmt":"2022-04-24 13:23:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3959","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3933,"post_author":"1","post_date":"2022-03-14 22:44:23","post_date_gmt":"2022-03-14 11:44:23","post_content":"\n
EtherRock #44, an NFT<\/a> valued at around US$1,000,000 was accidentally listed<\/a> for 444 Wei<\/a> (>US$0.0000001), rather than 444 Ether (US$1,151,000).<\/p>\n\n\n\n
Former owner Dino, posted about the unfortunate event on Twitter.<\/p>\n\n\n\n
\n \"Openness is the only way to achieve credible neutrality...Come build with us.\"<\/em><\/p>Mo Shaikh<\/a>, on Medium<\/cite><\/blockquote>\n\n\n\n
Aptos Raising $200 Million<\/h2>\n\n\n\n
Aptos announced<\/a> that they have \"raised $200 million in a strategic round led by a16z crypto with participation from Multicoin Capital, Katie Haun, 3 Arrows Capital, ParaFi Capital, IRONGREY, Hashed, Variant, Tiger Global, BlockTower, FTX Ventures, Paxos, and Coinbase Ventures\"<\/p>\n\n\n\n
Without disclosing any serious numbers, Aptos founders told TechCrunch<\/a> they were \"well off into the unicorn territory,\" this means the company is valued at a minimum of $1 billion.<\/p>\n","post_title":"Aptos, A Blockchain Derived From Meta's Failed Diem Project Raises $200m","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"aptos-a-blockchain-derived-from-metas-failed-diem-project-raises-200m","to_ping":"","pinged":"","post_modified":"2022-04-24 23:23:56","post_modified_gmt":"2022-04-24 13:23:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3959","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3933,"post_author":"1","post_date":"2022-03-14 22:44:23","post_date_gmt":"2022-03-14 11:44:23","post_content":"\n
EtherRock #44, an NFT<\/a> valued at around US$1,000,000 was accidentally listed<\/a> for 444 Wei<\/a> (>US$0.0000001), rather than 444 Ether (US$1,151,000).<\/p>\n\n\n\n
Former owner Dino, posted about the unfortunate event on Twitter.<\/p>\n\n\n\n
\n Move is an open-source programming language, which pairs with the announcement<\/a> of a \"public devnet\" for the Aptos blockchain. \"Aptos Devnet is live today. Jump in, contribute, provide feedback, help us make it better,\" says Aptos CEO, Mo Shaikh.<\/p>\n\n\n\n
\"Openness is the only way to achieve credible neutrality...Come build with us.\"<\/em><\/p>Mo Shaikh<\/a>, on Medium<\/cite><\/blockquote>\n\n\n\n
Aptos Raising $200 Million<\/h2>\n\n\n\n
Aptos announced<\/a> that they have \"raised $200 million in a strategic round led by a16z crypto with participation from Multicoin Capital, Katie Haun, 3 Arrows Capital, ParaFi Capital, IRONGREY, Hashed, Variant, Tiger Global, BlockTower, FTX Ventures, Paxos, and Coinbase Ventures\"<\/p>\n\n\n\n
Without disclosing any serious numbers, Aptos founders told TechCrunch<\/a> they were \"well off into the unicorn territory,\" this means the company is valued at a minimum of $1 billion.<\/p>\n","post_title":"Aptos, A Blockchain Derived From Meta's Failed Diem Project Raises $200m","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"aptos-a-blockchain-derived-from-metas-failed-diem-project-raises-200m","to_ping":"","pinged":"","post_modified":"2022-04-24 23:23:56","post_modified_gmt":"2022-04-24 13:23:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3959","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3933,"post_author":"1","post_date":"2022-03-14 22:44:23","post_date_gmt":"2022-03-14 11:44:23","post_content":"\n
EtherRock #44, an NFT<\/a> valued at around US$1,000,000 was accidentally listed<\/a> for 444 Wei<\/a> (>US$0.0000001), rather than 444 Ether (US$1,151,000).<\/p>\n\n\n\n
Former owner Dino, posted about the unfortunate event on Twitter.<\/p>\n\n\n\n
\n Aptos will be based on the technology utilized by the former Diem project before it was scrapped<\/a> by Meta in January of this year. The plans to build a decentralized layer 1 blockchain will be partly based on Move<\/a>, a coding language that was developed for the Diem project. <\/p>\n\n\n\n
Move is an open-source programming language, which pairs with the announcement<\/a> of a \"public devnet\" for the Aptos blockchain. \"Aptos Devnet is live today. Jump in, contribute, provide feedback, help us make it better,\" says Aptos CEO, Mo Shaikh.<\/p>\n\n\n\n
\"Openness is the only way to achieve credible neutrality...Come build with us.\"<\/em><\/p>Mo Shaikh<\/a>, on Medium<\/cite><\/blockquote>\n\n\n\n
Aptos Raising $200 Million<\/h2>\n\n\n\n
Aptos announced<\/a> that they have \"raised $200 million in a strategic round led by a16z crypto with participation from Multicoin Capital, Katie Haun, 3 Arrows Capital, ParaFi Capital, IRONGREY, Hashed, Variant, Tiger Global, BlockTower, FTX Ventures, Paxos, and Coinbase Ventures\"<\/p>\n\n\n\n
Without disclosing any serious numbers, Aptos founders told TechCrunch<\/a> they were \"well off into the unicorn territory,\" this means the company is valued at a minimum of $1 billion.<\/p>\n","post_title":"Aptos, A Blockchain Derived From Meta's Failed Diem Project Raises $200m","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"aptos-a-blockchain-derived-from-metas-failed-diem-project-raises-200m","to_ping":"","pinged":"","post_modified":"2022-04-24 23:23:56","post_modified_gmt":"2022-04-24 13:23:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3959","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3933,"post_author":"1","post_date":"2022-03-14 22:44:23","post_date_gmt":"2022-03-14 11:44:23","post_content":"\n
EtherRock #44, an NFT<\/a> valued at around US$1,000,000 was accidentally listed<\/a> for 444 Wei<\/a> (>US$0.0000001), rather than 444 Ether (US$1,151,000).<\/p>\n\n\n\n
Former owner Dino, posted about the unfortunate event on Twitter.<\/p>\n\n\n\n
\n Former employees of Meta, along with backers of the defunct Diem project, plan to expand upon the project after raising US$200 million. The new project dubbed Aptos was founded by former employees of Meta with the goal of building the \"safest and most scalable Layer 1<\/a> blockchain\" able to scale to billions of people<\/a>. <\/p>\n\n\n\n
Aptos will be based on the technology utilized by the former Diem project before it was scrapped<\/a> by Meta in January of this year. The plans to build a decentralized layer 1 blockchain will be partly based on Move<\/a>, a coding language that was developed for the Diem project. <\/p>\n\n\n\n
Move is an open-source programming language, which pairs with the announcement<\/a> of a \"public devnet\" for the Aptos blockchain. \"Aptos Devnet is live today. Jump in, contribute, provide feedback, help us make it better,\" says Aptos CEO, Mo Shaikh.<\/p>\n\n\n\n
\"Openness is the only way to achieve credible neutrality...Come build with us.\"<\/em><\/p>Mo Shaikh<\/a>, on Medium<\/cite><\/blockquote>\n\n\n\n
Aptos Raising $200 Million<\/h2>\n\n\n\n
Aptos announced<\/a> that they have \"raised $200 million in a strategic round led by a16z crypto with participation from Multicoin Capital, Katie Haun, 3 Arrows Capital, ParaFi Capital, IRONGREY, Hashed, Variant, Tiger Global, BlockTower, FTX Ventures, Paxos, and Coinbase Ventures\"<\/p>\n\n\n\n
Without disclosing any serious numbers, Aptos founders told TechCrunch<\/a> they were \"well off into the unicorn territory,\" this means the company is valued at a minimum of $1 billion.<\/p>\n","post_title":"Aptos, A Blockchain Derived From Meta's Failed Diem Project Raises $200m","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"aptos-a-blockchain-derived-from-metas-failed-diem-project-raises-200m","to_ping":"","pinged":"","post_modified":"2022-04-24 23:23:56","post_modified_gmt":"2022-04-24 13:23:56","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3959","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3933,"post_author":"1","post_date":"2022-03-14 22:44:23","post_date_gmt":"2022-03-14 11:44:23","post_content":"\n
EtherRock #44, an NFT<\/a> valued at around US$1,000,000 was accidentally listed<\/a> for 444 Wei<\/a> (>US$0.0000001), rather than 444 Ether (US$1,151,000).<\/p>\n\n\n\n
Former owner Dino, posted about the unfortunate event on Twitter.<\/p>\n\n\n\n
