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Strengthened editorial integrity and global expansion pave the way for being the most credible crypto news source SINGAPORE, Dec. 19, 2024 /PRNewswire/ — Foresight Ventures is celebrating a year of remarkable success following its $70 million acquisition of The Block , a leading cryptocurrency media outlet. This investment underscores Foresight Ventures’ commitment to advancing credible, unbiased reporting in the rapidly evolving crypto industry. The acquisition was guided by three key principles: Recognizing the transformative role of media in shaping crypto narratives. Preserving The Block’s neutral and research-driven editorial independence. Aligning the platform’s mission with Foresight Ventures’ strategic vision for global blockchain innovation. A Year of Significant Achievements Over the past year, The Block has seen: 40% growth in pageviews, a 33% rise in unique users, and a 24% increase in monthly article output. Enhanced reputation through data dashboards, frequently cited by industry experts and even in U.S. government filings. The launch of advanced tools such as ETF tracking, price pages, and the Global Market Crypto Index (GMCI). New content formats, including two podcasts and a funding newsletter, broadening its offerings for diverse audiences. The successful inaugural Emergence Conference in Prague, with over 1,100 attendees, 564K social media impressions, and participation from Czech political leaders. Expanding Horizons Foresight Ventures has propelled The Block into new markets, particularly in Asia, where its presence now provides critical insights into regional trends and regulatory developments. Innovative tools and expanded content formats have positioned The Block as more than a news platform—it is now a hub for industry insights and analytics. A Blueprint for Portfolio Success Foresight Ventures views its approach to The Block as a model for supporting portfolio companies across various industries, from DeFi to consumer tech. “The lessons we’ve learned with The Block are universal—when you prioritize integrity, empower teams, and focus on strategic alignment, the results follow,” said Forest Bai, Co-founder of Foresight Ventures. Looking Ahead With the aim of becoming the “The Most Credible News Source in Crypto,” The Block plans to enhance its content, expand regional coverage, and host larger events like the Emergence Conference. “Our goal is not rapid expansion but thoughtful evolution,” Bai explained. “We are building a resource that embodies credibility, inclusivity, and innovation, bridging the crypto world across continents.” About Foresight Ventures Foresight Ventures is the first and only crypto VC bridging East and West. With a research-driven approach and offices in the US and Singapore, we are a powerhouse in crypto investment and incubation. Our premier media network includes The Block , Foresight News , BlockTempo , and Coinness . We aggressively invest in the most daring innovations. We are dedicated to partnering with visionary projects and top teams to help them succeed, reshaping the future of digital finance and beyond. For more information, visit: Website | Twitter | LinkedIn | Discord | Linktree
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Shiba Inu Watchdog Issues Urgent Warning as Scammers Exploit SHIFU Token
The Shiba Inu ecosystem faces yet another scam attempt as Susbarium, the trusted ecosystem watchdog, issues a new scam alert on Thursday. The latest alert flagged a fraudulent post claiming to offer SHIFU token rewards to users who register within a 24-hour window. The fake announcement shared via X directed users to a suspicious website and urged them to "act quickly" to claim rewards.Warning for the Shiba Inu Army According to Susbarium’s warning, the disclosure is a phishing attempt to deceive users and steal their assets. The post included an image featuring the SHIFU branding, a token of Shiba Inu’s gaming project, Play With Shib. However, the watchdog clarified that the post was not from an official or credible source. "Always verify information through official channels and avoid sharing personal details,” Susbarium stated in its tweet.Official SHIFU Rewards DetailsThe legitimate SHIFU token initiative is part of a partnered airdrop between Play With Shib and Imaginary Ones to reward participants within the Play-to-Earn ecosystem.Earlier this month, Shiba Inu lead developer Shytoshi Kusama announced a tournament for Shiba Eternity that offered incentives such as 500 BONE and SHIFU airdrop points. The competition ran from November 29 to December 2. It allowed participants to win BONE and earn SHIFU points, boosting eligibility for the upcoming airdrop. This event is part of efforts to engage players with Shiba Eternity’s Web3 beta ahead of its mainnet launch. The game is still in beta, with no set date for the full launch.Shiba Inu ecosystem official platforms will communicate any announcements regarding SHIFU rewards or related events.Scammers Target the SHIB Army as the Ecosystem ExpandsThe Shiba Inu community has long been a recurring target for scammers due to the project’s popularity and active user base. As Shiba Inu expands its ecosystem with projects like Shiba Eternity and the SHIFU token, the risk of fraudulent schemes has also grown.Kusama recently exposed how scammers exploit his interactions with the SHIB community. Scammers have been buying accounts he follows on X and using them to promote fake tokens, especially TREAT, by impersonating influencers. Kusama stressed the importance of relying on official channels for information. Emphatically, the Shiba Inu team continues to warn users about fraudulent TREAT tokens, emphasizing that they are not yet live for trading. Bitcoin World
Acurast Unveils Processor Lite for iOS: Empowering iPhone Users to Join the DePIN Cloud Rebellion Secured by Polkadot
Zug, Switzerland, December 19th, 2024, Chainwire Acurast , a leader in decentralized confidential cloud computing, announces the launch of Acurast Processor Lite for iOS, now available on the Apple App Store . This application allows iPhone users to share their device’s computing power with Acurast’s decentralized confidential cloud network, offering an opportunity to earn rewards in return. By harnessing the advanced processors in mobile devices, Acurast makes it possible for regular phones to operate as powerful computing providers. With this new expansion to iOS, Acurast’s ecosystem grows bigger, welcoming iPhone users into a network that’s changing the way cloud computing is done. This shift marks a step forward in accessibility and control over how compute power is managed worldwide. Acurast also takes a unique, sustainable approach: repurposing mobile phones with damaged screens or unused older models into affordable compute resources. These upcycled devices become cost-effective alternatives to traditional servers, bringing sustainability into the heart of cloud infrastructure. Users providing compute power through Acurast Processor Lite can earn rewards in the form of cACU tokens. Each user can earn up to 250 cACU per month in bootstrapping rewards simply by running the Processor connected to the internet. Additional rewards are earned whenever developers deploy applications on the Acurast Cloud and utilize the user’s Processor resources. Key Features of Acurast Processor Lite for iOS: ● Providing Compute Power Used By Developers To Deploy Their Applications: Getting started with users’ everyday phones or onboard upcycled devices. ● Broading Compatibility: Supports iPhone 6s and newer models, allowing a wide range of users to participate. ● Secure and Private: Maintains data security and user privacy, giving users peace of mind. iPhone users can join the Acurast Cloud Rebellion by downloading Processor Lite iOS. Whether with an everyday phone or dedicated upcycled devices, joining means earning rewards and supporting a shift toward a more decentralized, sustainable, and user-driven confidential cloud infrastructure. Alessandro De Carli, Co-Founder of Acurast shared, “With the launch of Acurast Processor Lite for iOS, we’re taking a significant step toward democratizing cloud computing. By enabling iPhone users to contribute their phones’ compute power, we’re building a more decentralized, secure, and confidential cloud infrastructure. This is not just about technology; it’s about empowering individuals to be part of a global movement that redefines how we think about and utilize computing resources.” Users can download Processor iOS Lite here: Processor iOS Lite About Acurast Acurast is transforming the cloud landscape by championing mobile-powered disruption in decentralized, confidential, and accessible computing. By enabling individuals to contribute compute power from their phones, Acurast is building a decentralized, serverless cloud that democratizes access to computing resources. Press Contact: Pascal Brun Co-Founder Acurast Association Email: pascal@acurast.com Contact Comms and PR manager Jonathan Duran Distractive Jonathan@distractive.xyz Bitcoin World
