The firm is now focusing on growing its Web3, DeFi, and NFT market offerings. Uniswap Labs is now a $1.66 billion unicorn. The corporation behind the decentralized cryptocurrency exchange Uniswap, Uniswap Labs, has declared a $1.66 billion valuation after obtaining $165 million in a Series B fundraising round. Polychain Capital
October 13, 2022 2 mins read
Sovryn, a company aiming to provide individuals all across the world financial independence and self-determination, has just announced that it has raised $5.42 million in a round of investment headed by General Catalyst. Collider Ventures, Bering Waters, Bollinger Investment Group, and Balaji Srinivasan also participated in the round as investors.
October 12, 2022 4 mins read
GLEEC, a cryptocurrency ecosystem that prioritizes trade, the metaverse, and the Gleec Racing game, has been operational for a year and has already secured nine regulatory licenses in eight different countries spanning the Middle East, Latin America, and Europe. The ecosystem will be able to establish the blockchain, cryptocurrency, and
October 11, 2022 2 mins read
Coffeezilla, an online scam-busting investigator, has brought to light the fact. Celsius, meanwhile, has a negative net worth of more than $1.19 billion. Ex-CEO of the insolvent digital asset lending company Celsius, Alex Mashinsky is purportedly selling Celsius (CEL) tokens. Mashinsky, however, is being scrutinized after the bankruptcy filing and
October 11, 2022 2 mins read
The bank announced its ambitions to provide cryptocurrency services in February 2021. The bank will also make use of Chainalysis’s services to track the route of crypto assets. Currently, BNY Mellon is willing to provide its customers cryptocurrency custody services. Companies and organizations seek to acquire digital assets as the
October 11, 2022 2 mins read
Binance has burned over 3 billion LUNC, worth around $1 million. Notably, the first trading fee burning amounted to around 5.5 billion LUNC. Today, a LUNC community validator named LUNC DAO tweeted that the largest cryptocurrency exchange in the world, Binance, has burned over 3 billion LUNC worth $1 million,
October 10, 2022 1 min read
The CEO has announced that a brand new order matcher is in the works. All the features will probably be released on November 1, 2022. Sam Bankman-Fried, CEO of the FTX exchange, discusses the development of the FTX exchange in a series of tweets. He said that several enhancements to
October 10, 2022 1 min read
$400,000 have been raised since the beginning of the invasion in February. The entity bought things like survival gear and ordinary military gear. According to an analysis by blockchain intelligence company TRM Labs, pro-Russian organizations are using crowdfunding campaigns. In order to raise a substantial quantity of Bitcoin and other
October 9, 2022 2 mins read
According to Golden’s CEO and creator, existing data mining techniques are flawed. Golden presents a mechanism to penalize the entry of fraudulent data. With this Series B funding round, decentralized data hub firm Golden has announced a $40 million cash infusion. Many prominent venture capital firms, including Opensea Ventures and
October 9, 2022 2 mins read
A BNBHACKERINU token was produced by the hacker. The whole smart contract was built on a foundation of harmful code. There are still significant security concerns in the decentralized financial sector. The Ethereum network was the target of massive rug pull assaults only hours after the BNB Chain exploit. A
October 7, 2022 1 min read
