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Avalanche-backed Fusion launches with $100M to boost blockchain adoption


Avalanche, Helix and Faculty Group have launched Fusion, a new blockchain ecosystem aimed at driving real-world adoption through modular infrastructure tailored to specific industries.Built on Avalanche, Fusion features a two-layer architecture that includes composers, customizable layer-1...

Avalanche-backed Fusion launches with $100M to boost blockchain adoption


Avalanche, Helix and Faculty Group have launched Fusion, a new blockchain ecosystem aimed at driving real-world adoption through modular infrastructure tailored to specific industries.Built on Avalanche, Fusion features a two-layer architecture that includes composers, customizable layer-1...

Ethereum Foundation unveils security initiative to supplant legacy systems


The Ethereum Foundation has launched a security initiative aimed at supporting the broader adoption of onchain technologies, according to a May 14 announcement. The effort is part of an ongoing push to strengthen Ethereum's role in programmable digital assets.Fredrik Svantes, a protocol security...

Citi Unveils Tokenization Initiative With SDX at Zurich Forum


Citi is catapulting into the future of finance with a game-changing tokenized platform set to revolutionize private market investing globally. Citi and SDX to Launch Global Platform for Tokenized Private Shares Citi announced on May 6 at the Point Zero Forum in Zurich that it will collaborate with...

MEXC Ventures Launches $30 Million Initiative to Foster Web3 Talent


MEXC Ventures has launched IgniteX, a $30 million initiative aimed at nurturing Web3 talent and driving innovation in blockchain, AI, and fintech. The five-year program will support early-stage startups, academic partnerships, and developer communities worldwide. MEXC’s $30 Million IgniteX Program...

DFSA Promotes Tokenization With New Regulatory Initiative


The Dubai Financial Services Authority has launched the tokenization regulatory sandbox to support firms developing tokenized investment products within the Dubai International Financial Centre. Crypto Tokens Excluded The Dubai Financial Services Authority (DFSA) has announced the launch of...

Cantor Fitzgerald Launches $2 Billion Bitcoin Financing Initiative 


Cantor Fitzgerald, a global financial services firm, is launching a bitcoin financing business to provide leverage to investors holding the cryptocurrency. Wall Street Firm Expands Into Bitcoin Leverage Services The New York-based company announced it will begin operations with $2 billion...

Bybit Announces Stolen Funds Recovery Initiative Following $1.4B Hack


Bybit has launched a recovery bounty program offering rewards for retrieving stolen cryptocurrency funds. Crypto Exchange Bybit Initiates Recovery Bounty The Dubai-based cryptocurrency exchange, Bybit, has initiated a recovery bounty program following a security breach that compromised ETH valued...

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