Tuesday, May 13, 2025
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Symblox Building Platform for Synthetic Crypto Assets on Velas Blockchain 

Symblox is working on creating a global-scale cross-chain synthetic asset platform, it needs a blockchain platform simultaneously providing high scalability, low cost and easy interoperability.Symblox has revealed that it will be building on the Velas artificial intelligence-powered blockchain platform. The solution it is developing will feature attractive protocol mining opportunities via the SYX governance

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Fintech Firm Fasset to Launch Zero-Trade Fee Crypto Trading Platform for Countries in the Gulf Region

A new cryptocurrency trading platform is gearing up to offer zero-fee trades to users in six countries in the Gulf Region. Announced on Thursday, the platform Fasset Exchange (FEX)  has started sign-ups for its private beta and is planning a public rollout later this year.  Source

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Startup Behind Siacoin Storage Platform Raises $3M, Rebrands as Skynet Labs

The startup formerly known as Nebulous has raised a $3 million funding round led by Paradigm with participation from Bain Capital Ventures, Bessemer Venture Partners, A.Capital, Collaborative Fund, Dragonfly Capital Partners, Hack VC, INBlockchain, First Star Ventures and others.  The startup also rebranded, as Skynet Labs, to focus on promoting the

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South Australian food and wine tracing platform teams up with Hedera

The Australian government-backed agricultural supply chain platform Entrust has announced it will operate on Hedera Hashgraph — a distributed ledger platform claiming a transactional throughput of 10,000 transactions per second.South Australia’s premier, Steven Marshall, officially launched Entrust on September 20, describing the platform’s initial focus as protecting the wine and

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SKALE Completes $5M Token Sale on ConsenSys’ Anti-Speculation Platform

The inaugural project on ConsenSys’ anti-speculation platform, Activate, has completed a token sale with roughly 4,000 investors from 90 countries, the companies announced Monday. Around 13,000 investors with a total capital pool of $57 million had expressed interest in the Ethereum scaling project SKALE. Around $43 million of that pool was

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Binance CEO wants more Ethereum-based DeFi projects to join his platform

Binance CEO Changpeng Zhao welcomed more Ethereum-based DeFi projects to join the Binance Smart Chain (BSC) platform. In a tweet discussion with another user, Zhao explained that this step would reduce the load on the Ethereum network, which will, in turn, lead to a reduction in Ethereum's gas fees. Zhao later stressed

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