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NFEX Raises $3M Seed Round to Build NFT Derivatives DEX


PRESS RELEASE. NFEX has completed a $3 Million seed round led by ABCDE Capital and included investment from other well-known institutions including Amber Group and Firestone Ventures. NFEX strives to build the best derivative NFT market, creating new opportunities to attract greater liquidity...

Crypto exchanges to propel Web3 and crypto awareness in India


Crypto adoption in India could happen successfully following any intervention from the regulators, besides implementing a tax cut and TDS. The country has a vast population to leverage. Still, it is also responsible for educating them about the functioning of crypto and Web3, both of which...

South Korea’s Second-Largest City Aims to Become a Crypto Hub


South Korea’s second-largest city, Busan, is making efforts to become a crypto hub. Busan has been designated by the Korean government as a “super-aged” city, and its officials believe that crypto could help turn things around by attracting young people, tech startups,...

The Graph scales on Layer 2 after integrating on Arbitrum One


Popular decentralized query and data indexing platform The Graph recently unveiled Layer 2 scaling. Integrating the platform with Arbitrum One will improve its scalability and security. In addition, the integration will boost the cost-effectiveness of the network participants. The Graph released...

Binance’s CZ says BUSD Funds in Paxos are #SAFU


Changpeng Zhao, Binance CEO, recently announced that the exchange will still support BUSD. The statement was issued after New York regulators and the SEC ordered Paxos to restrict the stablecoin’s minting. The New York Department of Financial Services (NYDFS) told Paxos, the company that made...

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