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"Odaily Planet Daily News Venom announced on the X platform that the Venom Network testnet rewards are now available for claiming. Users participating in the Venom testnet are eligible to receive NFT-related rewards. Distribution has already begun, and NFT rewards will be sent directly to your wallet and will end at 5:00 am on March 29th Beijing time."

VENOM briefly broke through $0.53 According to Gatei.io market data, VENOM briefly broke through $0.53 and is now quoted at $0.498. The market is volatile, please be aware of the risks.

Odaily Star News reports that the Layer0 blockchain Venom Network announced on the X platform that it will launch its mainnet on March 18th.

On January 17, Christopher Louis Tsu, CEO of the Venom Foundation, posted on social media that over the weekend we discussed the details of Venom's plan to launch on the Mainnet. Venom will not be launched secretly, and will be announced on official channels such as Discord and the Venom Foundation. Please take precautions against fake accounts and verify all information.

The Venom Foundation has announced that it will no longer operate in the Abu Dhabi Global Market (ADGM) from December 14, 2023. Dissolution proceedings have been initiated pursuant to Section 40 of the ADGM Foundation Regulations 2017. This decision is in line with its current strategic direction. Venom said the decision only addresses the Venom Foundation's current goals and is not a reflection of the ADGM environment. It is important to note that as of now, Venom has not had any token generation events. Any public statements regarding the issuance of Venom tokens by the Venom Foundation following the token generation event are not true and are not authorized by the Foundation.

Golden Finance reported that Cyvers _s posted on the X platform that the system detected suspicious transactions at the address at the beginning of the 0x34de31, which seemed to be related to the Venom Foundation. The attackers appear to have stolen $220,000 from the LP pool at 0xdec533ce addresses and deposited 100 ETH into Tornado Cash.

Odaily Planet Daily News The Venom Foundation signed a memorandum of understanding with the UAE government to develop and implement a national carbon credit system. The cooperation between the two parties includes four strategic objectives: reduce emissions, promote sustainable agriculture, enhance environmental health and protect biodiversity, so as to promote the UAE's goal of reducing carbon emissions by 40% by 2030. (ChainWire)

Jinse Finance reported that the Ministry of Climate Change and Environment (MCCE) of the United Arab Emirates (UAE) is establishing an initial partnership with the Industrial Innovation Group and the Venom Foundation to develop a carbon credit system on the Venom Foundation blockchain. Due to the immutable nature of data recorded on-chain, these carbon credits can be sold or traded securely and completely transparently to all interested parties. This allows government organizations such as MCCE in the UAE to sell or issue credit to businesses. Credit holders can use the credits (which allow them to emit a specific amount of carbon over a given period of time), or sell and trade them to other organizations wishing to offset their own emissions.

Odaily Planet Daily News Venom Hackathon application entry has been opened on the developer incentive platform DoraHacks.io. This event is hosted by Layer 0 blockchain solution Venom, co-organized by Hacken and DeveloperDAO, and is aimed at global Web3 developers. The 18 winning teams will share a US$225,000 funding prize pool, and have the opportunity to participate in a promotion meeting with Venom Ventures and join Venom's US$1 billion investment plan. The deadline for project submissions is June 17. Venom focuses on the connection between traditional applications and decentralized applications. This event covers the three major themes of NFT, DeFi and nfra, aiming to encourage web3 developers, engineers and artists to explore the potential of development on Venom. During the event, the official will conduct a number of technology learning Worlshops, and individuals with high participation will be eligible to participate in the Developer DAO closed-door sharing session.