Cryptocurrency Analysis and News Portal
Venture cash keeps pumping Solana-based decentralized finance (DeFi); derivatives exchange Drift Protocol is the latest to benefit with a $3.8 million seed raise.Multicoin Capital led the token sale with crypto trading firms Jump Capital and Alameda Research joining, among others. Their participation highlights market makers’ appetite for exposure to Solana’s
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The smallest unit of the 3D world is the Tile, which helps the game evolve. Types of Tiles include medical bays for healing Siphers after a battle, distilleries and workbenches for converting materials into consumable items for fights, and living quarters for displaying player assets, trophies and other NFTs. Original Source
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press release PRESS RELEASE. A crypto platform Crypto Gaming United (CGU), which has joined the crypto exchange TimeX on the 18th of october, made $2.5 million in a record-breaking six seconds since public token trading began. One of the co-founders of the project is a crypto-currency, DeFi and blockchain app
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press release PRESS RELEASE. The next-generation NFT Infrastructure – Label Foundation has announced the successful completion of its private sale round. Supported by many leading VCs and famous Grammy-winning artists, the NFT platform raised $1.0 million during the private sale that generated major interest from top investors and venture capitalists
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The construction of a bitcoin mega-mining farm in Argentina by Bitfarms is raising concerns for legislators. Martín Berhongaray, a national deputy, recently presented a resolution to force the government to disclose information about the installation of the facility, through representatives from the Ministries of Science, Technology and Innovation, Environment and
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“Trustless interoperability is the holy grail of blockchain, but there aren’t many projects and products tackling cross-chain from a user perspective,” Michael Arrington, founder of Arrington Capital, said in a statement. “ZkLink’s innovative decentralized exchange is tackling this obstacle and making it easier than ever for anyone to take part
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Jeffery Liu, CEO at XanPool, which currently operates in over 13 countries in the Asia Pacific region, said the firm’s network will eventually look more similar to the SWIFT network, since XanPool earns fees based on the communication that its software facilitates. Original Source
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Major blockchain technology company Blockstream has completed six tranches of its Bitcoin (BTC) mining security token offering (STO), securing a total of 30.9 million euros ($36 million).Blockstream officially announced Thursday that the company raised 13.9 million euros ($16.1 million) in the sixth tranche of its Bitcoin mining-focused security token known
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Cryptocurrency-to-fiat infrastructure provider Xanpool continues expanding operations in the Asia Pacific (APAC) by securing fresh funding.The Hong Kong-based startup raised $27 million in a Series A funding round led by Valar Ventures, the venture capital firm co-founded by PayPal co-creator Peter Thiel.Other participating investors included crypto-focused venture capital firm CMT
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Candy Digital, a non-fungible token (NFT) startup majority-owned by Fanatics, has completed a $100 million Series A financing round co-led by Insight Partners and SoftBank Vision Fund 2 at a $1.5 billion valuation. The startup plans to use the funds to expand its NFT offerings across the global sports landscape
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