Pharos Closes $8 Mn Seed Round Led By Lightspeed Faction and Hack VC
November 11, 20245 min
The funding round is announced alongside a partnership with ZAN to jointly explore hardware acceleration, infrastructure technologies, and more
Cytonic Secures $8.3 Mn Seed Funding to Solve Blockchain Compatibility
November 7, 20246 min
Cytonic, the world’s first multi-virtual-machine blockchain, announced it has raised $8.3 million in a seed funding round co-led by Lattice and Lemniscap, with participation from IOBC, Nomura, Lyrik, Public Works, Arthur Hayes and other notable investors. Developed by MultiVM Labs, Cytonic is a decentralized execution layer that tackles one of the blockchain industry’s most pressing challenges: compatibility. As fragmentation across multiple chains continues to grow, developers and users face increasing barriers that limit the full potential of blockchain...
Parfin Hires Jiten Varu, Ex-AWS, to Lead International Expansion
November 4, 20247 min
In addition to hiring Jiten Varu, who will be focused on strengthening global expansion, the company will also participate in the Singapore FinTech Festival as part of its international positioning strategy.
Binance Announces New VP of Product at Binance Blockchain Week in Dubai
October 31, 20246 min
In a move to build the next era of financial innovation, Binance appoints seasoned Web2 and Web3 product leader and software engineer Jeff Li to head its global product and design teams
Glue Network Bridges Bitcoin to DeFi with Avalanche’s BTC.b Integration
October 25, 20246 min
Glue Network, a user-centric blockchain ecosystem dedicated to making decentralized finance accessible to all, announced the integration of Avalanche’s BTC.b as its default Bitcoin representation. This integration, utilizing LayerZero’s Omnichain Fungible Token (OFT) standard, aims to enhance Bitcoin liquidity and provide users with seamless access to Bitcoin-pegged assets within the Glue ecosystem. BTC.b, developed by the Avalanche Foundation, offers a trustless implementation of Bitcoin on other blockchains. By selecting BTC.b as its primary Bitcoin-pegged asset,...
Azura Launches from Stealth to Take DeFi Mainstream
October 23, 20248 min
Seed funding of $6.9 million underscores critical need for a universal application for decentralized finance
Chainlink Announces CCIP Private Transactions
October 22, 20246 min
Chainlink's novel CCIP Private Transactions capability, enabled by the new Chainlink Blockchain Privacy Manager, addresses long-standing compliance and confidentiality challenges around blockchain interoperability, paving the way for broader institutional blockchain adoption
Drop Protocol Secures $4M in Seed Round Led by CoinFund
October 18, 20248 min
Funds will be used to strengthen the economic viability of sovereign blockchain economies
UPCX Mainnet announced the launch of Imminent
October 15, 20247 min
UPCX, a high-speed blockchain system, is scheduled to officially launch its mainnet in mid-October. The UPCX mainnet is designed to enhance payments and financial services, marking a critical step towards democratizing global finance. By significantly reducing transaction costs and increasing transaction speeds, the system aims to transform the existing financial infrastructure, empowering users worldwide to take control of their financial future. The UPCX mainnet will be the core network responsible for handling all real transactions...