BTG Pactual, a major Brazilian investment bank, has signed an agreement to acquire 100% of Orama DTVM’s shares for 500 million Brazilian reais ($98.7 million). This acquisition is part of BTG Pactual’s digital expansion strategy and will provide Orama customers with access to the complete BTG platform. Founded in 2011, Orama has nearly 18 billion […]
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 […]
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 […]
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 […]
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 […]
Binance, the world’s largest cryptocurrency exchange, and its CEO Changpeng Zhao (CZ) are facing a class action lawsuit in California federal court. The lawsuit was filed by an FTX user who lost assets when FTX collapsed and filed for bankruptcy last month. It alleges that Binance, which held a stake in FTX’s FTT token, made […]
Coinbase, one of the leading cryptocurrency exchanges, announced that it will delist 80 non-USD trading pairs from Coinbase Exchange, Advanced Trade, and Coinbase Prime on October 16, 2023. The delisting is intended to “improve overall market health and consolidate liquidity.” Coinbase Advanced Trade users in eligible regions can still trade these coins using USDC balances. […]
Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, has been granted a license to offer crypto brokerage services to accredited investors and institutions in Singapore. The Major Payment Institution Licence (MPIL) was granted by the Monetary Authority of Singapore (MAS). Sygnum Singapore also plans to expand its regulated offering to the Asia–Pacific (APAC) markets, […]
TYRION, a trailblazer in decentralized advertising, has announced its strategic move to build its advertising platform on Coinbase’s Base Chain. This move is intended to revolutionize and decentralize the $377 Billion digital advertising landscape.Base Chain is renowned for its robust scalability, security, and efficiency, and aligns seamlessly with TYRION’s mission to offer unparalleled advertising solutions, […]
