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Analog Raises $16M in Funding for Cross-Chain Project, Reaching $120M Valuation
13.2.2024
Analog has raised $16 million in the latest funding round to develop its cross-chain communication tools at a valuation of $120 million. According to a recent social media post by Analog, the funding round led by Tribe Capital has funneled $16 million to Analog. The company plans to utilize...
Polygon Labs Execs Outline Regulatory Framework to Combat Illicit Activity in Defi
31.1.2024
A paper prepared by two Polygon Labs executives and a former Financial Crimes Enforcement Network (FinCEN) director presents a framework to combat illicit activity in decentralized finance (defi) markets. The document proposes three different classes for defi platforms, including platforms...
Polymer Labs Secures $23 Million to Build Ethereum’s ‘Interoperability Hub’
25.1.2024
Polymer Labs, the inter-blockchain communication (IBC)-based networking layer two (L2), recently disclosed that it had raised $23 million via a Series A funding round. Polymer said only Ethereum and all chains under the IBC control will initially be compatible with its interoperability solution....
OSL Executive Director: Hong Kong Expected to Approve Spot Crypto ETFs by Mid 2024
22.1.2024
Hong Kong may witness the launch of its first spot crypto exchange-traded funds (ETFs) by the middle of this year. Gary Tiu, the executive director and head of regulatory affairs at OSL, a Hong Kong-licensed cryptocurrency exchange, said OSL is in close communication with multiple fund companies....
L2 Protocol Manta Network Suffers DDoS Attack, Project Leaders Face Money Laundering Allegations
21.1.2024
Manta Network, a modular layer two (L2) protocol, said a distributed denial-of-service attack on Jan. 18 resulted in the network accumulating a large queue of recent transactions. The attack, which occurred during a token-issuing event, is believed to have severely limited communication between...
B2Core Launches v4 Update, Bringing Next-Level CRM Interface for Better UX
10.1.2024
In the digital era, the front end of a platform like B2Core, which serves as a complete CRM and back-office solution for financial businesses, should be both adaptable and easy to use. For better business-to-client communication, a well-designed CRM is necessary, offering a straightforward...
Our Favorite Cosplay From Anime NYC 2023
5.1.2024
It may be 2024, but we haven’t forgotten about 2023's Anime NYC, the three-day anime convention that takes place in the same hallowed halls as New York Comic Con. Anime NYC 2023 took place in mid-November, and drew 60,000 people to the Javits Center on the west side of Manhattan. As you might...
Sui Blockchain’s Promise: Simplifying Crypto Transfers via Email
15.12.2023
Image Source: Pixabay Mysten Labs, founded by five former Facebook engineers, is working on its Layer 1 blockchain Sui to revolutionize the ease of sending money and cryptocurrencies. The company aims to simplify blockchain transactions to the level of basic online communication, enabling seamless...
From Infancy to Giant — Tracing Bitcoin’s Roots in Satoshi’s Final Communication
13.12.2023
Roughly thirteen years ago, the mysterious creator of Bitcoin, Satoshi Nakamoto, posted their final message on the bitcointalk.org forum on Dec. 12, 2010. Nakamoto’s brief yet impactful message alerted the community to the ongoing need for enhancements in denial of service (DoS) attack...
Blockchain Firm LayerZero Labs to Launch Native Token in 2024
8.12.2023
Source: Adobe Vancouver-based blockchain infrastructure provider LayerZero Labs is coming up with its native token launch in the first half of 2024. In a post on X (formerly Twitter), the company noted that it has heard the crypto community’s speculation regarding the lack of communication on...
Former Paxful Top Executive Ray Youssef Joins Rival P2P Platform Noones as CEO
8.12.2023
Ray Youssef, the former CEO and founder of the peer-to-peer (P2P) bitcoin trading platform Paxful, has been appointed the chief executive officer of the P2P financial communication app Noones. Youssef also reiterated his belief that bitcoin will play a role in promoting Africa’s prosperity. Noones...
Former Paxful CEO Ray Youssef Named CEO of Noones, a Financial Communication App – Here’s What You Need To Know
4.12.2023
Source: Adobe / Rizu Designs Former Paxful CEO Ray Youssef has been appointed as CEO of Noones, a financial communication app aimed at integrating the Global South into the world’s financial systems. Noones has announced the appointment of Ray Youssef as its CEO following its official launch...
Hacker Demands Full Control Over Kyber in Wake of $47M Breach, Offers Executives Buyout and Staff Severance
30.11.2023
A cybercriminal, who has been actively communicating with Kyberswap, issued a new onchain directive, this time insisting on “complete executive control over Kyber (the company).” This captivating onchain communication to the Kyberswap crew comes after the hacker’s initial request...
Mt. Gox Creditors to Receive Repayments Soon, Trustee Plans Distribution of BTC, BCH, and Yen
22.11.2023
Source: AdobeStock / 24K-Production Nobuaki Kobayashi, the trustee overseeing the Mt. Gox Bitcoin exchange’s estate, has initiated communication with rehabilitation creditors, indicating the imminent start of repayments. This development follows the notorious 2014 hack that resulted in...
Report: Jump Trading Cuts Ties With Wormhole Amid Staff Reductions
19.11.2023
Based on a recent report, Jump Trading Group, known for its focus on algorithmic and high-frequency trading techniques, has reportedly severed ties with the Wormhole crypto initiative, known for its cross-chain communication services. Last year saw Wormhole suffer a significant loss of 120,000...
The Epic Vs. Google Courtroom Battle Sounds Bonkers
14.11.2023
We are now six days into the Epic v. Google legal showdown over whether the Google Play Store is an illegal monopoly with high fees and strict rules designed to control Android app developers. Things are getting wild as Google employees—including the company’s CEO—might have deleted evidence...
Deutsche Bank and Standard Chartered Venture into SWIFT Alternative for CBDCs
27.10.2023
Deutsche Bank and Standard Chartered’s venture arm SC Ventures are exploring a solution that aims to enable seamless communication between blockchain-based transactions, stablecoins, and central bank digital currencies (CBDCs). The two banks are actively testing the concept using...
Amidst Controversy, Telegram Will Keep Hamas’ Channels Open
15.10.2023
Pavel Durov, founder and CEO of Telegram, has explained that Hamas’ communication channel in the application will keep operating. Durov’s statements come after Telegram faced widespread backlash for allowing the Palestinian group to keep posting war-related content on its network. Durov...
Crunchyroll’s Latest Fantasy Anime Will Make You Call A Friend Just To Catch Up
29.9.2023
Have you ever caught yourself doing something mundane, like picking at a blade of grass or walking on the sidewalk’s curb, only to be hit with the intrusive thought that your group of friends won’t be able to attend each other’s funerals? Heavy stuff, right? Well, the new fantasy anime Frieren:...
Venezuelan Crypto Watchdog Sunacrip Extends Restructuring Period; Community Asks for Clarity
29.9.2023
The Venezuelan government has officially announced the extension of the restructuring period for Sunacrip — the national cryptocurrency watchdog — by six months more due to the link of its former head with a corruption scheme. Asonacrip, a national crypto association, is asking Sunacrip to open...