Octav is a data analytics platform that simplifies Decentralized Finance (DeFi) investments for traders, tax professionals, and liquid asset management firms. The platform provides users with a pre-tax facilitator for cost-basis, profit & loss, and more.Octav recently raised a $2.65 million seed to help label the DeFi ecosystem and be the “Quickbooks of crypto.” The […]
Bitget, a crypto trading business, has announced the launch of the EmpowerX Fund, a $100 million pot to invest in exchanges, data analytics firms and media organizations. The fund follows just months after Bitget set aside $100 million to target Web3 startups in Asian countries.The firm expects tightened regulations and growth of layer-2 blockchain networks […]
Bitcoin has recently surged past the $26,000 mark, sparking a flurry of trading activity and resulting in disruptions worth $100 million. The surge in Bitcoin’s value has been attributed to a number of factors, including increased institutional investment, a weakening US dollar, and a growing demand for digital assets. The surge in Bitcoin’s value has […]
TOKEN2049, Asia’s premier Web3 and crypto conference, is set to welcome a full house of tech pioneers, investors, policymakers, and industry shakers from across the globe at the iconic Marina Bay Sands from 13-14 September 2023. With over 10,000 attendees, 300+ exhibitors and 400+ side events, it is the industry’s biggest international gathering of the […]
Bitget, a top crypto derivatives and copy trading platform, has released its Protection Fund Valuation Report for August 2023. The fund’s value has consistently exceeded US$300 million since November, with a peak of US$357 million in August. Launched in August 2022, the fund is self-funded and provides a financial shield to protect users’ holdings. To […]
Summer.fi, a leading decentralised platform, has announced a new integration of Spark Protocol, which allows users to farm SPK tokens when borrowing DAI. Spark Protocol is a DAI centric money market protocol that combines the best liquidity from Maker and integrates with the best DeFi protocols. It is a decentralised, non-custodial liquidity market protocol where […]
Binance, the leading global cryptocurrency exchange, has launched a humanitarian initiative in response to the devastating earthquake that has struck Morocco. Binance Charity will donate $3 million in BNB (Binance Coin) to Moroccan users who had verified POAs before September 9, 2023. Additionally, Binance will give $25 in BNB to POA verification users between September […]
Finoa, a cryptocurrency custody firm based in Berlin, is expanding its suite of services to offer its institutional clients easy access to a compliant form of decentralized finance (DeFi). Earlier this year, Finoa secured regulatory approval from the German financial regulator BaFin, allowing them to launch their new offering, FinoaConnect.FinoaConnect integrates with a carefully curated […]
PayPal, the Silicon Valley payments giant, has launched a new service that allows users to convert their crypto assets to US Dollars. This comes after the company launched its on-ramp service that allowed customers to buy crypto. The off-ramp service is available to wallets, dApps and NFT marketplaces, and it’s also live on MetaMask.The company […]
Gala Games has been rocked by a scandal involving its co-founders, Eric Schiermeyer and Wright Thurston, who have filed legal charges against each other. Schiermeyer has accused Thurston of misappropriating 8.6 billion Gala ($GALA) tokens from the company’s wallets, while Thurston has accused Schiermeyer of misappropriating $600 million worth of Gala ($GALA) tokens and shareholder […]
