Cronos Labs, a blockchain business accelerator focused on advancing DeFi, GameFi, and the Cronos ecosystem, today revealed the third cohort of its flagship Cronos Accelerator Program, which is backed by whopping $100 million. The initiative, which was first introduced in 2022, aims to support the most promising early-stage cryptocurrency projects that
In the ever-evolving landscape of Web3, the DePIN, or Decentralized Physical Infrastructure Network, has emerged as a game-changer, offering decentralization, user ownership, and data sovereignty to various industries. As traditional crypto exchanges faced great challenges last year, the spotlight shifted to DePINs, holding the potential to rebuild public trust in
In a significant development for the digital asset industry in Türkiye, CoinTR Exchange proudly announced the appointment of former Governor of the Central Bank of Türkiye, Murat Uysal, to its Board of Directors on January 16th. With an illustrious career in central banking, Uysal’s expertise is expected to shape CoinTR’s
Google Cloud has joined Flare, the blockchain for data, as an infrastructure provider. Google Cloud will serve as a network validator and contribute to the Flare Time Series Oracle (FTSO) on the Flare network as announced today. By serving as a network validator, Google Cloud will help the Flare blockchain’s
Investment in assets like government bonds might be more efficient with blockchain-based tokenized funds, according to research by Moody’s, a world-renowned credit rating agency. Despite the advantages, researchers at Moody’s have warned of the growing technical hazards connected to these digital investment vehicles. The use of tokenized funds that are
Hitachi America, Ltd. (Hitachi) has joined the Hedera Council, bringing with it expertise in industrial solutions. Throughout the Americas, Hitachi operates both directly and via its subsidiaries, providing a wide variety of products and services in electronics, power, industrial, healthcare, information technology, operational technology, mobility, and the IoT. Within the
DeFi protocol Renzo has declared a $3.2 million seed round, backed by leading cryptocurrency native funds. Renzo plans to use the funds to further develop its liquid restaking protocol, which has recently gone live on EigenLayer. Renzo’s seed round was headed by Maven11, and further investments were made by Figment Capital, SevenX, IOSG,
Cryptocurrency mixers or blenders, are infamous for their involvement in money laundering; South Korea is considering regulating them in an effort to curtail illegal financial activity. Concerned about criminal groups’ abuse of crypto mixers, the nation’s Financial Intelligence Unit (FIU) is considering potential solutions. Importantly, this action is being taken
Prior to the introduction of their L1 MNet Continuum, BitCountry, the Polkadot parachain project for building immersive metaverse communities, has announced the beginning of InnoVoy Event, a ground-breaking campaign intended to transform the Web3 identity space. An opportunity to experience BitAvatar, a Universal Avatar identity with NFT-bound wallet, also known as
eesee, an innovative one-stop liquidity solution and gamified marketplace for sellers, has announced the successful closing of its $2.85 million fundraise. The raise included a $1.1 million seed round and a $1.75 million private round, with participation by SevenX Ventures, Maven Capital, MetaBros, Contango Digital Assets, BasementDAO, and more. The
