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BAXUS Raises $5 Million in Funding to Expand Web3 Spirits Marketplace


BAXUS secures $5 million led by Multicoin Capital to scale its web3-enabled platform for trading collectible spirits, increasing accessibility and transparency for global liquor collectors. The post BAXUS Raises $5 Million in Funding to Expand Web3 Spirits Marketplace appeared first on Cryptonews

Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing


Ethena Labs plans to use Bitcoin as backing to expand the capacity and stability of USDe stablecoin, which is currently backed by only Ethereum liquid staking tokens. The post Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing appeared first on Cryptonews

Alchemy Pay invests in LaPay and gets global Web3 API license to expand


Alchemy Pay invests in LaPay UK Ltd in order to initiate the global expansion of corporations operating in diverse industries. LaPay UK Ltd operates as a fintech company in the United Kingdom, whereas Alchemy Pay is a globally recognized Web3 payment service provider. LaPay possesses an Authorized...

Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms


Crypto mining firm Bitdeer Technologies is reportedly in discussions with private credit firms to secure $100m in financing to expand its Bitcoin mining capacity. The post Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms appeared first on Cryptonews

Bitcoin may expand for 18 months after halving, says Benchmark Senior Analyst


As it approaches its fourth halving, Bitcoin, the largest cryptocurrency since its inception in 2009, has been in the news, causing price fluctuations in the cryptocurrency trading industry. The price experienced a 6.86% decline to 62,974.30 USD on March 19, representing a reduction of 6.86% from...

Grayscale Urges SEC for Spot Bitcoin ETF Options Approval


Grayscale is calling on the US Securities and Exchange Commission to approve options on its spot Bitcoin exchange-traded fund, aiming to expand access to a broader range of investors. The post Grayscale Urges SEC for Spot Bitcoin ETF Options Approval appeared first on Cryptonews

Mocaverse partners with Korean players to expand its presence


Animoca Brands seed company, Mocaverse, announced collaborating with numerous patterns. The objective is to strengthen its presence in the Korean market through immersive experiences and increased engagement with users. The list includes the likes of GOMBLE, IPX, Cube Entertainment, Nine Chronicles...

Crypto.com Partners BTG Pactual to Expand Latam’s Crypto Reach


Crypto.com, a Singapore-based cryptocurrency exchange, partnered with BTG Pactual, Latam’s largest investment bank, to expand the access of Latam’s traditional customers to crypto services. The team-up entails listing BTG Dol, BTG Pactual’s dollar-pegged stablecoin,...

Expert Take: Rising DeFi TVL is Silencing the Doubters


As its TVL rises, industry insiders say that DeFi is seeing increasing interest once again. DeFi is robust and will continue to expand, the experts say, adding that 2024 will be an exciting year for this growing sector. The post Expert Take: Rising DeFi TVL is Silencing the Doubters appeared first...

Mocaverse forges strategic alliances to expand Moca ID ecosystem


Mocaverse, an Animoca Brands membership network program, has partnered with OKX Wallet, Crypto.com DeFi Wallet, and Halo Wallet. This is intended to facilitate a connection between the on-chain cultural economy and Centralized Finance (CeFi). Recently, Mocaverse introduced Moca ID, a decentralised...

Ripple Aims to Expand Regulatory Reach With Standard Custody Acquisition


In a strategic move to bolster its regulatory credentials, Ripple has announced its plan to acquire Standard Custody & Trust Company. This acquisition, pending regulatory approval, is set to enhance Ripple’s portfolio of digital asset solutions and regulatory licenses, marking...

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