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
Cookie3, an attribution and user analytics platform for Web3 marketers, has collaborated with Chainwire, the industry’s leading crypto PR distribution platform. Through the relationship, Chainwire’s customers will get improved user and attribution data for their campaigns, while Cookie3 clients will have access to Chainwire’s best-in-class PR capabilities. Web3 projects may choose the
Leading liquid staking protocol for Cronos, Veno Finance, made its debut on the zkSync Era Layer-2 blockchain scaling solution. With its introduction, zkSync Era users may now directly stake their ETH tokens and obtain Liquid ETH (LETH) tokens, creating new opportunities for yield farming inside the platform’s decentralized finance ecosystem. Users
Honeyland, the blockchain-based beekeeping sensation, is thrilled to announce the highly anticipated launch of Honeyland 2.0 this week. This major update brings many exciting features designed to elevate player experience and engagement. Key features of Honeyland 2.0 include: The Honeyland team is dedicated to optimizing player experience and accessibility, solidifying
Ta-da, an AI data marketplace, has declared the conclusion of a $3.5 million funding round. The initiative, which was nurtured by Dubai-based Morningstar Ventures since 2021, was funded by many prominent blockchain venture capitalists. The proceeds generated will go toward growing Ta-da’s endeavors and improving its infrastructure. Following a seed
The Digital Securities Sandbox (DSS) is changing the financial scene in the United Kingdom. A move toward blockchain technology in securities trading has been announced by a project co-managed by the Bank of England (BoE) and the Financial Conduct Authority (FCA). Firms may now test out asset tokenization in a
CoinsPaid, a processor of digital assets and cryptocurrency payment ecosystem, is now dealing with another possible crypto fraud, which might lead to a loss of more than $6 million. Users of the CoinsPaid platform have reportedly suffered massive losses due to fraudulent transactions as per information gathered by on-chain researcher
