Function X launched EVM Chain to scale its DeFi ecosystem

The Function X blockchain project is proud to celebrate its latest milestone: the launch of the EVM compatible chain (FXEVM) on the Function X Mainnet and completed its upgrade at block height 5,713,000. This upgrade allows developers to migrate their decentralized apps (dApps) to Function X instantly and provides the infrastructure to make sure the dApps run smoothly, with low fees and on a secured network. Function X is one of the first projects to...

Bosonic expands Commercial Management Team

Bosonic, a layer-2 blockchain infrastructure (dFMI) provider for real-time digital assets clearing and settlement, has today announced the appointment of Julie Briand as Head of Client Success and Sarthak Jain as Regional Manager of Institutional Sales. Both roles will be based in London, UK. As Bosonic experiences a period of significant growth, Julie brings a wealth of industry expertise in managing client onboarding and service delivery, having previously been responsible for several of the largest institutional clients while at Bank...

PraSaga to operate as a foundation

PraSaga – the non-profit organization building the next generation of Layer One blockchain – today announced its official designation as a Swiss Foundation. This critical step caps off a busy first half of 2022 for PraSaga, which also included attending the Chamber of Digital Commerce’s Blockchain Summit in Washington D.C., to help define the future of the crypto industry, and attending Consensus 2022 in Austin, Texas, to introduce SagaPython, a new extension of the popular coding language Python, with an integration...

CrossTower & Ripple to support NFTs minted on the XRP Ledger

CrossTower will facilitate minting and trading of NFTs with Ripple as blockchain partner providing technical support on the XRP Ledger (XRPL) blockchain  CrossTower’s marketplace makes it easy for developers and creators to onboard their projects, accelerating time to market. CrossTower, one of the world’s leading trading platforms, is partnering with Ripple, the leader in enterprise blockchain and crypto solutions, to add NFTs (non-fungible tokens) minted on the XRP Ledger (XRPL), the ultra-fast, low-cost and carbon-neutral...

Orbital Wins Best Use Of Crypto/Blockchain At MPE Awards

Orbital has been awarded ‘Best Use of Crypto/Blockchain in the Merchant Payments Ecosystem’ at MPE 2022, for their crypto-commerce solution. Voted for by a panel of independent expert judges, the best of the payments industry were recognised for their achievements across 13 categories during the awards ceremony held in Berlin. Other attendees included Louis Vuitton, Mercedes-Benz AG, Netflix, Adidas and Kering who own Gucci, YSL and Balenciaga, amongst many others. Luke Wingfield-Digby, Co-Founder and CIO said; “We’re so proud...

BlockSec Closes Seed Plus Funding Round with $8M Raised

Blockchain security startup BlockSec announced the completion of the Seed Plus funding round with $8M raised. The funding round was co-led by Vitalbridge Capital and Matrix Partners, with participation from investors Mirana Ventures (Venture Partner of Bybit), CoinSummer, and YM Capital. Founded in 2021, BlockSec’s mission is to provide security infrastructure for the entire blockchain ecosystem. With cutting-edge technologies, BlockSec enhances the security of decentralized applications, detects high-impact blockchain vulnerabilities, and blocks sophisticated security attacks. Since last...

Velo Labs’ Utility Token now available on Huobi

Velo Labs, a leading blockchain infrastructure company focused on improving international remittances, has announced another successful listing of their utility token, $VELO, on the leading global digital asset financial service provider, Huobi. Velo Labs is developing a blockchain-based global settlement network to allow for fast, secure and low cost cross-border payments to both individuals and businesses. As part of their mission to improve financial services, Velo Labs provides institutions with the ability to transfer value across borders more...

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