ChainCatcher news, according to official sources, Redacted has announced the final allocation plan for the RDAC token. The official statement indicates that the token distribution reflects principles of fairness, collaboration, and long-term sustainability, which will incentivize early contributors, community participants, and builders.Among them, the Jirasan community will receive 25% of the tokens unlocked at TGE, followed by a 3-month cliff, and then a linear monthly release. There is also a possibility of accelerated release upon reaching milestones such as Tier 1 launch, revenue, and market capitalization; other community shares will adopt different TGE unlocking ratios, with a 3-month cliff and a 24-month linear release. Team tokens will be strictly unlocked based on market capitalization thresholds, with 10% unlocked for every $100 million increase in market cap after a 12-month cliff; if the market cap does not reach $100 million, the team tokens will be permanently destroyed, with an unlocking cap at a market cap of $1 billion.Redacted stated that this model draws on the long-term incentive framework of Binance founder Changpeng Zhao, ensuring that the team can only benefit upon achieving goals, and announced that all previous versions of the token economic model are now void.Previous report, Redacted has completed a $10 million financing round, with Spartan Group as a co-lead investor, along with participation from Saison Capital, Animoca Brands, and Polygon Ventures.

ChainCatcher news, Coinbase Chief Legal Officer Paul Grewal posted on X: "We have finally received the unredacted OCP 2.0 letter issued by the FDIC (Federal Deposit Insurance Corporation). This is a court order, but you can now read them below. This shows a coordinated effort aimed at stopping various crypto activities, from basic BTC transactions to more complex products.Please note that the FDIC previously stated it had complied with earlier court orders, but miraculously found two additional suspension letters during this search. Every time we take action, new issues seem to arise, making it hard to believe in their sincerity. The new Congress should immediately initiate hearings on all these matters."Ripple Chief Legal Officer Stuart Alderoty commented: "Well done. As a former bank GC, these letters convey one message: shut down everything related to cryptocurrency as soon as possible— not just the mentioned products and services. Writing directly to the board is a rare and serious approach. These letters are intended to send shockwaves to the banks."

ChainCatcher news, investment firm Bitrue Ventures announced a partnership with Web3 startup Redacted and completed an investment in Redacted and the RDAC token.In addition to the funding provided by Bitrue Ventures, Redacted has also secured over $10 million from a range of investors, including Polygon Ventures, Spartan Group, Animoca Brands, Saison Capital, and numerous other investment funds.

ChainCatcher news, according to VentureBeat, the Web3 entertainment and gaming ecosystem Redacted has completed a $10 million funding round, with Spartan Group as a co-lead investor, along with participation from Saison Capital, Animoca Brands, and Polygon Ventures.Redacted has built a product ecosystem using blockchain and artificial intelligence technology, creating an entertainment data circle where Web3 users can do what they love most—play games, trade, watch, and earn rewards.