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Shardeum raises $18.2 million in Seed Round Funding
20.10.2022
Shardeum experienced overwhelming support in its seed funding round. Over 50 investors were invited to participate, and at the end of the day, Shardeum managed to raise $18.2 million. WEMADE was one of the investors to participate in the seed funding round. The strategic investment done by Wemade...
South Korea to Roll out Digital IDs as Banks Push Blockchain Driver’s Licenses
19.10.2022
South Korea may soon do away with plastic – and ditch physical forms of ID in favor of blockchain technology-powered alternatives....
Read More: South Korea to Roll out Digital IDs as Banks Push Blockchain Driver’s Licenses
zkSync end-to-end prover positioned live on Testnet
19.10.2022
zkEVM is thrilled and enthusiastic about making its official announcement regarding the zkSync 2.0, that is, at the very moment, a completely functional end-to-end zkEVM. It has also been effectively positioned on a public testnet. As a matter of consideration, the concept of a zkEVM was considered...
Token Terminal launches its new version: APIv2
19.10.2022
Token Terminal, a platform for various crypto asset data, has announced its new version of API, APIv2. The token Terminal provides access to impeccable and regulated metrics that helps the users to integrate and compare blockchains. Initially, most of the on-chain applications were a fixed set...
Walmart-Backed Indian Commerce Giant Flipkart to Allow Customers to Buy Items in the Metaverse
19.10.2022
As Indian online retail giant Flipkart seeks more digital interaction with its customers, the company has announced it will initiate a metaverse offering, Flipverse, enabling them to access “gamified, interactive and immersive” experiences through the firm’s app. ...
Read More: Walmart-Backed...
Optimism collective launches OP stack
19.10.2022
Optimism takes immense pride and pleasure in making their formal deliverance of the next level of their created upgradable architecture, the OP stack. It is a modular blueprint that benefits all varieties of blockchains with the features of being enormously upgradable and interoperable. ...
Three Arrows Capital Under Investigation by SEC and CFTC After Bankruptcy
18.10.2022
American regulators have launched investigations into the activities of bankrupt Singaporean hedge fund Three Arrows Capital (3AC), with the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), seeking to identify the reasons and responsible persons behind...
Aptos arrives at Aptos Mainnet & leads to blockchain upgradation
18.10.2022
Aptos is in the pleasurable process of inviting all users to connect with the Aptos Mainnet. According to reliable sources at Aptos, this unique achievement has taken them four years of relentless and dedicated effort and focus. Along the journey, they have received endless benefactions from...
Terra Developers Propose $250 Million Ecosystem Funding Program
18.10.2022
The developers behind the remnants of the fallen Terra (LUNA) network have unveiled an ecosystem funding program worth some LUNA 95 million ($248 million), seeking to encourage developers, miners and users to develop the troubled ecosystem. ...
Read More: Terra Developers Propose $250 Million...
Billionaire Michael Saylor Pitches Bitcoin to American Investor Ray Dalio
17.10.2022
Michael Saylor, the founder and former CEO of software business MicroStrategy, said that Bitcoin (BTC) is the only money that has the potential to align “all interests to focus on peaceful engagement, rational action, & productive industry.” The notorious crypto-enthusiast tweeted this in response...
Ripple CEO ‘Outraged’ by SEC over XRP Lawsuit – Time to Buy XRP?
17.10.2022
Ripple Labs CEO Brad Garlinghouse has recently expressed his "outrage" at the US Securities and Exchange Commission (SEC) over the regulator’s lawsuit against Ripple.
In response to a user's tweet on Saturday, Garlinghouse lashed out at the SEC for suing the company, noting that there won't be...
Hong Kong to Clarify Crypto Position During FinTech Week
17.10.2022
The authorities of China’s Hong Kong Special Administrative Region are expected to present a policy statement on the development of the city’s digital assets market at the forthcoming Hong Kong Fintech Week event. ...
Read More: Hong Kong to Clarify Crypto Position During FinTech Week
Samsung Knox Matrix upgrades consider connectivity & protection
17.10.2022
Samsung Electronics, after a prolonged period of conducting studies, have been able to develop a close understanding regarding all matters related to safety and security issues. However, this study helps them understand the usage of all devices. Additionally, they are concerned with the process...
Mango Markets $100 Million Exploiter Reveals Identity
16.10.2022
The exploiter of Solana-based DeFi lending platform Mango Markets has revealed his identity, referring to his actions as "a highly profitable trading strategy.”
Avraham Eisenberg, who calls himself a "digital art dealer," has revealed that he was behind the $100 million exploit that hit Mango...
Coinbase CEO Wants to Sell Part of Stake to Fund Science Research
16.10.2022
Coinbase CEO Brian Armstrong has announced plans to sell 2% of his stake in the cryptocurrency platform over the next year to fund scientific research.
Armstrong said on Twitter late Friday that he wants to invest in tech and science in order to solve some of the biggest issues in the world...
Binance Announces $500 Million Funding for Bitcoin Mining
15.10.2022
Binance Pool, the crypto mining services arm of cryptocurrency exchange Binance, aims to support Bitcoin miners to weather the crypto winter with a $500 million loan.
The ongoing bear market has had deep impacts on almost all industry participants, particularly miners. Amid rising fuel...
Uniswap Labs Raises $165 Million Reaching $1.66 Billion Valuation
14.10.2022
Uniswap Labs, the company behind one of the world's leading decentralized exchanges, has announced the company has raised some $165 million in Series B funding. The funding round was led by California-based Polychain Capital, with participation from longtime investors Andreessen Horowitz (a16z)...
Mastercard Looking to Make Cryptocurrencies Everyday Way to Pay
14.10.2022
Payments giant Mastercard believes crypto assets have the potential to transform the financial infrastructure, outlining five key areas that can help “turn cryptocurrencies into an everyday way to pay.”
However, to achieve this, we need to bring together the best of tech, banking, fintech,...
US Senator Hickenlooper Says SEC Crypto Regulation is ‘needed now’
14.10.2022
In a push for more regulations of the crypto industry, US Democratic Senator John Hickenlooper has called on the Securities and Exchange Commission (SEC) to intensify its work on digital asset oversight.
“I write to urge the SEC to issue regulations for digital asset securities through...
Uniswap protocol raises $165 M & unlocks rewards globally
14.10.2022
A trading platform Uniswap announced that they had received funding of $165 million in series B to enhance transparency among more users. Its vision is to provide easy access to every user of web3. Hayden Adams, CEO at Uniswap Labs, brought security and simplicity to Uniswap Labs, for which...