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Hubble Protocol Raises $5M to Expand Solana-Based DeFi Protocol
8.9.2022
The protocol aims to create a Solana-based MakerDao equivalent: a DeFi protocol with a U.S. dollar denominated stablecoin
Everscale Foundation Officially Launches
4.9.2022
PRESS RELEASE. Zug, Switzerland, September 4, 2022 – The Everscale Foundation has been officially registered as a non-profit organization to facilitate the growth of the Everscale network’s ecosystem, attract new developers, and further expand the international community....
Animoca Brands Japan Raises $45 Million to Expand Its Web3 Business
26.8.2022
Animoca Brands, a leader in Web3 investments and crypto games in Asia, is expanding into Japan due to its local company obtaining $45 million in the capital at a $500 million pre-assessment. Animoca Brands KK, a corporate strategy subsidiary of Animoca Brands Corp. Ltd., has raised an aggregate...
BC.Game Integrates With Cloud9 to Expand Its Reach in Industry
26.8.2022
BC.Game announces its partnership with Cloud9, a famous eSports organization. The partnership between BC.Game and Cloud9 will enable BC.Game to extend its reach to more players and establish a community that centers around eSports and iGaming. Calling this partnership fruitful, BC.Game said that...
British Fintech Revolut Granted Crypto License in Cyprus
18.8.2022
U.K.-based digital bank Revolut has been authorized by Cyprus to provide cryptocurrency services to millions of customers on the Old Continent. The fintech firm says the regulatory approval will allow it to establish a European crypto hub in the island nation. Revolut to Expand Crypto Services...
Bit Mining Secures $9.3 Million Registered Direct Offering From Institutional Investors
17.8.2022
Bit Mining Limited has announced that it has entered a $9.3 million registered direct offering with specific institutional investors. Bit Mining explained that it aims to use the funds from the offering to expand infrastructure and invest in new mining machines. Bit Mining to Use Fresh Capital...
Bitcoin Mining Operations Continue to Expand Amid the Crypto Winter, While Converting ‘Wasted Gas to Energy at Scale’
12.8.2022
The bitcoin mining industry continues to expand as companies are obtaining more megawatts of capacity, building new facilities, and acquiring thousands of application-specific integrated circuit (ASIC) mining rigs. On Friday, the firm Validus Power revealed it has acquired two natural gas power...
Mercado Libre to Expand Cryptocurrency Services to More Countries in Latam
12.8.2022
Mercado Libre, one of the biggest retailers in Latam, has announced that it plans to expand its cryptocurrency trading services to more countries in the region. The company, whose cryptocurrency services are now just available for customers in Brazil through Mercado Pago, its payments and digital...
Mercado Libre to Expand Crypto Trading Across Latin America
9.8.2022
The company’s Mercado Pago digital wallet began allowing crypto buys and sells in Brazil in December, reaching 1 million users shortly thereafter
Report: Tencent Wants To Expand Its Empire By Becoming Ubisoft’s Biggest Shareholder
4.8.2022
Tencent appears to be doubling down on its investment in Ubisoft. While it already owns 5 percent of the Assassin’s Creed publisher, Reuters now reports the Chinese mega-conglomerate with huge investments throughout the gaming industry has its sights set on becoming Ubisoft’s single biggest...
Japanese Bank SMBC to Foray Into NFT and Web3 Markets
27.7.2022
The Sumitomo Mitsui Banking Corporation (SMBC), the second largest of the three biggest banks in Japan, has announced it is planning to expand into digital asset businesses, including non-fungible tokens (NFTs) and Web3 platforms. The company will partner with Hashport, a group that offers...
Mercado Bitcoin plans to expand to Mexico
21.7.2022
The expansion may not necessarily include Mercado Bitcoin acquiring a Mexico-based crypto exchange to operate in the country
Crypto Payments Firm BCB Group Hires Deputy CEO to Expand Internationally
21.7.2022
The new deputy CEO Noah Sharp joins from Paysafe where he was employed as Chief Banking Officer
Staking Pool Lido to Expand to Ethereum L2s, New Proposal Seeks 'Operating Runway' for DAO in Stablecoins
19.7.2022
Lido Finance, a decentralized finance (DeFi) protocol and third-party staking pool operator for Ethereum (ETH) 2.0, aims to expand services across various Ethereum Layer 2 (L2) scaling solutions. Meanwhile, a new proposal seeks to secure around two years of "operating runway" for Lido DAO...
Thunes Partners Attijariwafa Bank to Expand Payout Services
14.7.2022
Thunes recently partnered with the Attijariwafa bank to expand its bank payment services across Morocco. The global payments provider will enable over 30 million bank account holders in Morocco to get inbound payments into their accounts. As one of the biggest financial entities in Africa...
China's central bank to expand deployment of e-CNY
13.7.2022
Over 4,567,000 merchants across the country now accept the e-CNY as payment
Crypto Exchange Bitso Launches Remittance Service in Colombia
11.7.2022
Bitso, a Mexican-based, Latam operating cryptocurrency exchange, announced it is launching a remittance service in Colombia. The company will now allow its customers in Colombia to send and receive remittances using dollar-pegged stablecoins on the platform. The exchange launched a similar service...
Former Tiktok Gaming Boss Launches Metao, a ‘Blockchain Agnostic’ Gaming Company
8.7.2022
Jason Fung, former head of gaming at Tiktok, the video-based social media, is launching a blockchain-based gaming startup. The company, called Metao, will focus on providing “blockchain-agnostic” solutions that will allow Web3 game creators to expand their reach and not be limited...
Coinbase Reveals European Expansion Plan — Seeks Licenses in Spain, Italy, France, Netherlands
1.7.2022
Cryptocurrency exchange Coinbase has revealed its plan to expand in several European markets. The company is reportedly in the process of registering a crypto exchange in Spain, France, Italy, and the Netherlands. Coinbase Expanding in Europe Coinbase Global Inc. (Nasdaq: COIN) is reportedly...
How Foresight Ventures Is Approaching Investments in the Current Market Environment
1.7.2022
The Foresight Ventures founding and partnership team includes veterans of some of the top financial and technology firms dedicated to sourcing and supporting the next generation of disruptive innovations across Web3. They believe the future is multi-chain and thus the chains that find product...