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Decentralized-finance (DeFi) aggregator 1inch Network has revealed plans to expand within the Asian market, according to its co-founder Sergej Kunz.Speaking to Cryptox during Korean Blockchain Week (KBW) 2022 on Aug. 8, Kunz said that despite the DeFi market being relatively small in Korea and Asia, there are a number of
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Binance Labs announced a new $500 million fund in June to invest in Web3 and blockchain projects. Original Source
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With all the hype surrounding the Metaverse, the NewsBTC team caught up with Tim Bullman, the co-founder of Caduceus Foundation to learn more about their initiative. Caduceus is a blockchain dedicated to metaverse development, supporting developers and creators to build their own metaverse, NFT, GameFi and DeFi projects. Here are
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On Saturday, the co-founder of Ethereum, Vitalik Buterin, took to Twitter and gave his perspective on the “existing corporate attempts to create the metaverse.” Buterin noted that a metaverse will happen, but he doesnt believe the current corporate metaverse attempts are going anywhere. Ethereum’s Vitalik Buterin Shares His Thoughts on Existing
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zkEVM Rollups, a new scaling solution for Ethereum, will allow the smart contract protocol to outpace Visa in terms of transaction throughput, said Polygon co-founder Mihailo Bjelic in a recent interview with Cryptox. Polygon recently claimed to be the first to implement a zkEVM scaling solution, which aims at reducing Ethereum’s
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Major cryptocurrency tracking website CoinGecko is open to acquisitions, but not right now, according to a co-founder of the platform.CoinGecko has been hit by the current crypto bear market, but the firm is far from selling off, CoinGecko chief operating officer Bobby Ong told Cointelegraph.Ong believes that all crypto-related companies
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New York-based investment banking giant Moelis & Co. has launched a Global Blockchain Group that will provide advisory services to blockchain and crypto firms. The group is being fronted by Moelis & Co. co-founder John Momtazee and supported by a team of senior bankers that have significant experience in advising
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A team of South Korean prosecutors recently raided the home of Terraform Labs co-founder Shin Hyun-seong. During an earlier raid that targeted 15 places, including seven cryptocurrency exchanges, the prosecutors reportedly secured terra transaction data. Seven Cryptocurrency Exchanges Targeted South Korean prosecutors investigating the spectacular collapse of Terra’s LUNA cryptocurrency reportedly
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South Korean authorities are continuing their investigation into fraud allegations at the center of the Terra collapse. Source
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The blockchain ecosystem is constantly evolving, yet there always seems to be one overarching sector dominating at a given time. For example, decentralized finance (DeFi) projects received an impressive amount of venture capital funding in 2021, making it the most invested sector last year. Findings further show that nonfungible tokens
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