CEO of Collapsed Crypto Fund HyperVerse Seems to Not Exist At All + More News

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7 Min Read

“Hyperverse CEO Steven Reece Lewis”. Supply: a video screenshot,
DST NATIONAL CHANNEL / YouTube

Get your day by day, bite-sized digest of crypto and blockchain-related information – investigating the tales flying underneath the radar of in the present day’s information.

On this version:

  • CEO of Collapsed Crypto Fund HyperVerse Appears to Not Exist At All
  • Klaytn Launches the First Gold RWA DeFi Platform Exterior Ethereum
  • Wirex Reveals Technique to Deal with Darkish Internet and Mule Account Dangers
  • KuCoin Labs Publicizes Its Strategic Funding in ISSP

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CEO of Collapsed Crypto Fund HyperVerse Appears to Not Exist At All


The person launched because the chief govt officer of HyperVerse, Steven Reece Lewis, seems to not exist – no less than not as the person with an extended and spectacular record of credentials the corporate cited. No group on that record may discover any file of him, the Guardian reported.

Final month’s Guardian Australia investigation discovered that hundreds of individuals misplaced thousands and thousands of {dollars} to the HyperVerse crypto scheme, linked to a earlier scheme known as HyperFund, underneath the umbrella group the HyperTech group.

The Australian entrepreneur Sam Lee and his enterprise associate Ryan Xu promoted the corporate. The duo have been the founders of the collapsed Australian bitcoin firm Blockchain World.

Per the Guardian, Lee has denied each HyperVerse was a rip-off and being its founder. Xu couldn’t be reached for remark.

In the meantime, a person named Steven Reece Lewis was launched because the HyperVerse CEO at a web-based international launch occasion in December 2021. The introduction featured video messages of assist from celebrities, together with the Apple co-founder Steve Wozniak and actor Chuck Norris.

Promotional supplies and profession summaries mentioned Reece Lewis was a graduate of the College of Leeds and held a grasp’s diploma from the College of Cambridge, that he had labored for Goldman Sachs, offered an online growth firm to Adobe, and launched an IT start-up agency.

“Reece Lewis’s identification couldn’t be verified by the Guardian, nor may he be contacted for remark.”

Guardian Australia contacted all of the above-cited establishments and has confirmed that none has any file of somebody by that title on their databases.

Reece Lewis additionally had no web presence apart from HyperVerse promotional materials. A Twitter account was arrange a month earlier than his December 2021 introduction. It was energetic solely till June 2022.

Klaytn Launches the First Gold RWA DeFi Platform Exterior Ethereum


The Klaytn Basis, established to construct and decentralize the ecosystem of Layer 1 blockchain Klaytn, introduced that the Klaytn Governance Council (GC) member CREDER has launched GPC (Gold-Pegged Coin), a digital asset pegged to the real-time market value of gold, and Goldstation, a decentralized finance (DeFi) platform for GPC.

Per the press launch, GPC marks two firsts within the real-world asset (RWA) tokenization business. It’s the first tokenized gold accessible on DeFi outdoors the Ethereum ecosystem and the primary gold-pegged token that doesn’t cost a percentage-based fee for transactions.

Goldstation can also be the primary gold RWA token DeFi platform powered by a public mainnet apart from Ethereum.

It’ll begin its companies on January 24. Whereas presently solely accessible for South Korean residents, Goldstation plans a worldwide launch sooner or later.

Wirex Reveals Technique to Deal with Darkish Internet and Mule Account Dangers


Crypto funds platform Wirex introduced an enhancement in its measures to fight Darkish Internet actions and cash mule threats.

According to the press launch, the corporate has integrated US-based cybersecurity firm ZeroFox’s Darkish Internet Monitoring instrument into its system, making a unified answer.

This fashion, a mix of human and synthetic intelligence (AI) actively scans the Darkish Internet for potential risks in actual time. This consists of leaked knowledge, compromised credentials, and different delicate info.

It is a proactive method that enables for early detection and immediate intervention.

“Wirex advantages from ZeroFox’s superior monitoring capabilities, utilising a classy system that points detailed alerts about potential threats, together with their severity and escalation standing, guaranteeing a fast and efficient response to incidents,” the corporate mentioned.

KuCoin Labs Publicizes Its Strategic Funding in ISSP


KuCoin Labs, the funding and incubation arm of the crypto change KuCoin, has introduced its funding in ISSP. The latter is the primary cross-chain inscription protocol system on the Sui community identified for its excessive throughput and scalability.

According to the press launch, this funding is aimed toward supporting the event of ISSP’s inscription protocol.

Greater than a monetary enterprise, it added, the funding is a strategic step in the direction of fostering modern options within the blockchain sector.

“The give attention to ISSP’s inscription protocol marks a brand new period in blockchain know-how, paving the best way for safer, environment friendly, and scalable blockchain purposes. Each KuCoin Labs and ISSP are devoted to pushing the envelope in blockchain know-how, aiming to make a major affect within the business,” the groups added.



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