In the most recent turn of events, Li.Fi is the supplier of multichain liquidity and data gateway services Li.Fi, raised a total of $17.5 million in Series A funding, with crypto-native investment companies Superscript and CoinFund serving as the primary leaders of the fundraising effort. This fundraising round takes place during a period of uncertainty … Read more
The decentralized KuCoin Wallet is transitioning from its previous state as a straightforward Web 3.0 wallet to one that is capable of operating on a social finance (SocialFi) scale. The news regarding the rebranding was made on Monday, and it states that as of right now, KuCoin Wallet will be known as Halo Wallet. This … Read more
Former senior employees at the Gemini crypto exchange made the announcement that OpenEden, a DeFi platform, had established the first smart contract vault to allow access to Tokenized United States Treasury Notes (T-Bills). OpenEden is a competitor to Gemini. The release states that OpenEden will make it possible for holders of stablecoins to mint Treasury … Read more
Re7 Capital, a venture capital (VC) firm, has partnered with web3 consulting and Republic Crypto, a firm that specializes in crypto infrastructure, to develop a $100 million investment for liquid coins. One of the initial efforts of the 2022 major tie-up between the two companies is establishing the fund, which has been given the name … Read more
Version 3 of the PancakeSwap DEX has been released on Ethereum and BNB Chain, providing enhanced functionality and reduced transaction fees. (1) Reports indicate that Version 3 includes four distinct trading charge categories that boast the industry’s lowest on-chain trading costs compared to those of the decentralized exchange’s competitors. In this particular scenario, notable alternatives … Read more
The payment service provider Alchemy Pay, headquartered in Singapore, has taken its efforts to expand a step further. According to a news release, Alchemy Pay raised $10 million in venture funds, resulting in a valuation of $400 million for the company. (1) The Alchemy Pay Company Is Interested in Growing Its Business For what … Read more
As Ethereum (ETH) gets ready for its much-anticipated upgrade, which is now being referred to as “Shapella,” the network has come up against a new obstacle in the type of malicious threats on Miner Extractable Value (MEV) bots exchanges. These attacks have caused the network to face new difficulties. An attack of this kind was … Read more
The most popular item on Amazon is a lengthy academic study about bitcoin that a major in the United States Space Force published. The concept of “Softwar” is conceptually very different from the monetary use of Bitcoin’s network at the present time. (1) However, it expresses significant support for Bitcoin as being able to have … Read more
The cryptocurrency exchange Binance and its chief executive officer, Changpeng Zhao (CZ), are currently facing yet another set of challenges in the form of a prominent court case. Just a few days after the United States CFTC filed a lawsuit against Binance, the law firms of Moskowitz Law Firm and Boies Schiller Flexner also have … Read more
When crypto companies in the UK apply to various banks for access to various services, their applications are frequently denied, and they are needed to provide further paperwork. These companies face a number of obstacles and difficulties. (1) It all started in February, when HSBC Holdings plc and National Westminster Bank, also known as simply … Read more