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Uniswap Labs Raises $165 Million Reaching $1.66 Billion Valuation


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


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’


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


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...

Crypto Custodian Copper Raises $196 Million In Latest Funding Round


Advancing the company’s expansion plans, crypto custodian Copper Technologies has secured a total of $196 million under the firm’s C series financing round. The business managed to raise some $181 million from a group of existing and new shareholders and gained access to a further $15 million...

thirdweb does an upgradation on the Solana blockchain


There is much palpable excitement and enthusiasm in the Solana network, as well as thirdweb. Since their formal launch, they have been busy garnering reinforcement and related assistance where their Solana blockchain is concerned. In this scenario, it becomes understandable that their sheer...

China’s Central Bank Digital Yuan Transactions Surpass $14 Billion


China's digital yuan has processed over 100 billion yuan (close to $14 billion) worth of transactions so far, becoming the most widely adopted central bank digital currency (CBDC) across the globe.  The e-CNY has recorded $13.9 billion worth of transactions as of August 31, the People’s Bank...

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