NexGami, a leader in the gamefi space, has successfully completed a $2 million seed funding round, resulting in a post-investment valuation of $20 million. The round was backed by a consortium of renowned investment institutions and angel investors, including Polygon Ventures, Fundamental Labs, and Ledger Capital. Brice Bian, Founder and CEO of NexGami, expressed his […]
GMX, a decentralized perpetual futures trading protocol, has collaborated with Bitget Wallet to integrate it as a recommended wallet for accessing the GMX platform. This collaboration marks the beginning of discussions between both parties about future community collaborations that add value for users. Bitget Wallet had already extended a range of wallet support services to […]
XRP saw a surge in price over the weekend, reaching above $0.54, but the euphoria was short-lived as the altcoin saw a drawdown that brought it back to the $0.50 level. The decline was likely due to a large whale transferring 28.5 million XRP tokens to the Bitstamp crypto exchange, worth over $14.7 million. This […]
Composable is presenting at Cosmoverse’23 as a Keynote Speaker and Diamond Sponsor, in collaboration with Polkadot and the Web3 Foundation. The Composable team is building the infrastructure and necessary primitives to abstract away the cross-ecosystem user and developer experience. Their efforts align with their ethos of eliminating blockchain borders and siloes, as they are strong […]
Friend.Tech, a platform for Ethereum users, has recently come under scrutiny due to a wave of reported compromised accounts and the subsequent loss of funds through SIM-swap attacks and hacks. Victims of the attacks have reported losing a total of 28.5 ETH, worth around $50 million. SlowMist founder Cos has expressed concern over the platform’s […]
Mário Centeno, Governor of Banco de Portugal, has called for international cooperation to create a “robust framework” for regulating and supervising crypto assets and decentralized finance (DeFi). He believes that regulating these global risks and international players at the national level is not enough. He expressed his disbelief in the democratizing potential of digital assets […]
Visa, a global payment giant, has announced a new $100 million generative AI initiative to invest in companies focused on developing AI technologies and applications related to commerce and payments. Generative AI is a type of AI technology that can produce various types of content, including text, imagery, audio and synthetic data. Visa has been […]
The United States Securities and Exchange Commission (SEC) is expected to reach a final verdict on the seven firms in question by mid-March. Eric Balchunas, an ETF analyst at Bloomberg, has adjusted the probability of a spot Bitcoin ETF gaining approval by the close of 2023 to 75%, and further increased those odds to 95% […]
Binance, the world’s leading blockchain ecosystem and digital asset infrastructure provider, recently assisted the Royal Thai Police in two major operations to dismantle criminal networks engaged in crypto scams. In the first operation, codenamed ‘Trust No One’, Binance’s Investigations team worked closely with the U.S. Homeland Security Investigation (HSI) and the Cyber Crime Investigation Bureau […]
A class-action lawsuit has been brought against Binance.US and its CEO, Changpeng Zhao, accusing them of attempting to monopolize the cryptocurrency market and negatively impacting competitor FTX. The lawsuit claims that Zhao used social media, particularly Twitter, to spread information and manipulate the market value of FTX’s utility token FTT. It is alleged that Zhao […]
