The $9 million USD financing round for TEN, an encrypted Ethereum Layer 2 network, is headed by the digital giant R3. The Ethereum Layer 2 roll-up platform TEN from Obscuro Labs addresses important scalability and encryption problems in blockchain applications. Since TEN’s founding, R3, a group of 42 of the
Resonance Security, the first of its kind full-spectrum cybersecurity provider that’s transforming Web2 and Web3 security from the ground up, has announced the V1 release of its platform following a successful, one year beta testing phase. The full-feature release offers clients a never-before-seen level of cybersecurity protection against existing and
In a complaint launched by the U.S SEC over the Gemini Earn program, a U.S. district court dismissed petitions by crypto lender Genesis and crypto exchange Gemini to dismiss the case. The SEC “plausibly alleged” that Genesis Global Capital, LLC and Gemini Trust Company, LLC marketed and sold unregistered securities,
A huge step forward for the crypto exchange OKX, has been revealed with the announcement that the Monetary Authority of Singapore (MAS) has approved the exchange in principle for a major payment institution (MPI) license. This clearance further establishes OKX as a leading cryptocurrency exchange in Singapore and adds it
In order to introduce their new investment product, the Grayscale Bitcoin Mini Trust, Grayscale Investments has officially filed with the U.S SEC. The present Grayscale Bitcoin Trust (GBTC) oversees assets worth around $28 billion; this change gives investors a cheaper fee structure. Grayscale Bitcoin Mini Trust is an investing product
A major change is taking place in Thailand’s crypto investing scene as a result of the SEC’s approval of private funds for the U.S. Spot Bitcoin ETFs. But there’s a catch: these investments can only be made by institutional investors and very wealthy people. This judgment is significant because it
In a landmark move for the gaming industry, Oneness Labs has announced the closure of a US$4 million seed funding round, setting the stage for a transformative era in gaming that completely removes the boundaries between Web2 and Web3, which remains an unachieved aspiration in this field. This funding round
Dogecoin (DOGE) has been making headlines once again as it pumps for the second consecutive week, prompting speculation among investors about whether it will reach the elusive $1 mark. However, amidst the excitement surrounding DOGE, another cryptocurrency, Retik Finance, has been quietly gaining momentum and catching the attention of analysts.
MetaCene, the leading meta-MMO platform for all gamers, is redefining the boundaries of digital ownership and creativity. Today, it proudly announces the closure of its $10 million Private A round funding. The successful round brings together a star-studded lineup of investors, fueling MetaCene’s mission to create a borderless on-chain homeland,
Based on Gary Gensler’s response to a query on the possibility of spot Ethereum ETF clearance, it seems that applicants for this product could have a lengthier wait than anticipated. Gary Gensler, chairman of the U.S SEC, spoke with Yahoo Finance’s Jennifer Schonberger yesterday. She brought up the topic of
