ChainCatcher news, according to monitoring by Lookonchain, DWF Labs received 10 million NIKO intended for market making, accounting for 1% of the total supply, valued at approximately $495,000.Previously, the DWF Labs wallet also received 11.194 billion X tokens for market making, valued at $35.6 million.

ChainCatcher news, Gear Technologies CEO & co-founder Nikolay confirmed his attendance at the "DeInsight 2024" annual summit to be held on November 11 in Bangkok during Devcon. Gear.exe is an open-source, decentralized computing network developed by Gear Technologies, designed to provide powerful computing support for Ethereum dApps. As Ethereum's "super computing engine," Gear.exe can enhance computing performance by 1000 times, supporting parallel computing and seamlessly scaling the Ethereum network without the need for asset cross-chain bridging.In the future, Gear.exe will target a multi-chain ecosystem, providing developers with efficient and unified computing solutions to accelerate the innovation and implementation of various dApps.The "DeInsight 2024" annual summit will take place on November 11 at Hotel Nikko Bangkok in Bangkok. This summit is co-hosted by ChainCatcher and RootData, with SoSo Value as a co-organizer, aiming to gather elite individuals in the Web3 field to exchange insights on the industry, and is expected to attract over 1000 industry elites.Additionally, the conference will unveil the RootData List 2024 annual heavyweight rankings, objectively selecting influential individuals or institutions in the industry from a data perspective.

ChainCatcher news, according to Bitcoinist, Lilian Nurieva, the former head of the Russian cryptocurrency investment fund Finiko, has been sentenced to three years in prison for defrauding private investors and participating in an organized crime group. The Federal Foundation for the Protection of Investors' and Shareholders' Rights considers this $55 million pyramid scheme to be the second-largest financial fraud in post-Soviet Russian history.In 2021, Russian authorities began investigating the "cryptocurrency investment fund" Finiko for suspected fraud and organized crime. According to the investigation, the fund was a cryptocurrency scheme based on a pyramid scheme that attracted funds from millions of investors.The Kazan Vakhitovsky District Court ruled that Lilian Nurieva, one of the executives of Finiko, was guilty of defrauding investors. Nurieva was a key participant in the scheme and received a "light" sentence for cooperating with prosecutors.

ChainCatcher news, BitMart announces the upcoming listing of NIKO (NKO), with the NKO/USDT trading pair going live on December 21, 2023. Deposit time: 12/19/2023 11:00 AM UTC. Trading: 12/21/2023 11:00 AM UTC.

ChainCatcher news, MakerDAO's former technical partner, DAI architect, and Balancer co-founder Nikolai Muchgian was found drowned at Condado beach in Puerto Rico, at the age of 29. Tether founder Craig Sellars and 21stParadigm co-founder Dylan Leclair have confirmed this news on Twitter and expressed their condolences.It is reported that Nikolai returned to social media in April this year and posted some information about U.S. law enforcement three days before his death, stating that he was facing threats. Nikolai was the CEO of DappHub and a renowned security researcher. He was also involved in the initial architectural design of the Maker/Dai contract system and created the Balancer AMM. Nikolai had previously prevented MakerDAO from experiencing an attack similar to The DAO. (Trustnodes)