Yida Gao and Shima Capital Invest in Artela

The web3 venture capital firm led this $6 million seed round. Shima Capital announces its seed round investment in Artela Network, a blockchain infrastructure startup founded by a team of industry veterans. Other contributors in the round include A&T Capital, Big Brain Holdings, SevenX, Dispersion, Amino, and others. The Artela team is pioneering a unique solution designed to answer the rising need for large-scale, decentralized apps by creating a base-layer blockchain network. The unique architecture of Artela encourages developers...

Blocto launched $1M Polygon Ecosystem Accelerator

Blocto, a leading cross-chain wallet application, and multi-chain Web3 ecosystem, has unveiled a $1 million grant program to fast-track user onboarding to Web3 by enabling fast, seamless, and secure wallet creation on the Polygon protocols. This follows extensive efforts to bolster account abstraction (AA) capabilities across the Web3 ecosystem at the recently concluded EthCC, where Blocto had announced the launch of its AA-compatible wallet to further enable everyday users to seamlessly interact and engage with...

Bitrock announced its official launch

Bitrock, an Ethereum IBFT 2.0 Proof of Authority (PoA) side chain, is pleased to announce its official launch as a game-changing layer 2 solution in the blockchain industry. The platform provides near-zero native gas fees and lightning-speed block times, making it a cost-effective, scalable, and high-speed infrastructure for users. Additionally, Bitrock’s revolutionary multichain DEX swap allows seamless trading of cryptocurrencies directly on their native chains without the need for gas fees or holding native chain...

SQE announces its launch and Series A Funding round

How secure is your data? Can it stand up to the hacking power of quantum computers?, SQE is a revolutionary digital platform that will change the way people and businesses secure their information. The platform is based on a decentralized blockchain, more sustainable than any service on the market and – most importantly – quantum-secure. SQE’s unrivaled security offerings are rooted in its cutting-edge, patent-pending Simulated Quantum Entanglement. Through this new technology, the SQE platform facilitates seamless...

Jax.Network’s revamp and updated roadmap announcement

Jax. Network, a blockchain company building an energy-standard monetary system, is thrilled to announce the release of its updated roadmap, outlining a series of ambitious milestones. With a vision to revolutionize the financial system, Jax. network continues to showcase its commitment to innovation and progress. The updated roadmap reflects Jax.Network’s strategic vision and dedication to meeting the evolving needs of blockchain enthusiasts, developers, and enterprises worldwide. With an emphasis on growing the mass adoption of...

FraXion launches first security token offering in the U.S.

Randolph & Main Capital Group (RMCG) has announced the launch of FraXion (FRXN). It is one of the first debt Security Tokens aimed at retail investors who wish to invest alongside institutional investors in the most sought-after real estate developments in the United States. The Tokens will have a 5-year life, earn an annualized cash yield of 10%, and a 5-year IRR of 150%. RMCG has aligned with diversified developers like Donahue Peebles, the largest minority real estate...

Bitget to Support USDT on Kava Blockchain

Bitget, top crypto derivatives and copy trading platform, is excited to be the first in the industry to announce the support of the deposit and withdrawal of U.S. dollar-pegged Tether tokens (USDT) on the Kava blockchain. This integration aims to offer Bitget’s strong community access to the world’s most widely used stablecoin while leveraging the innovative capabilities of the Kava network. Tether, the company operating the blockchain-enabled platform tether.to, has chosen Kava, a layer-1 blockchain renowned for...

Ripple Obtains In-Principle Regulatory Approval in Singapore

Ripple, the leader in enterprise blockchain and crypto solutions, announced that its Singapore subsidiary Ripple Markets APAC Pte Ltd, has obtained In-Principle Approval of the Major Payments Institution License application from the Monetary Authority of Singapore (MAS). This license will allow Ripple to offer regulated digital payment token products and services in the city state, and further scale its customers’ use of its crypto-enabled On-Demand Liquidity (ODL) service. Ripple experienced unprecedented business momentum for ODL...

CoinEx Sponsors BlockChance 23

CoinEx, a global crypto exchange, recently announced its sponsorship of BlockChance 23, the fourth BlockChance conference so far, which will be held at Congress Center Hamburg (CCH) in Germany. This marks CoinEx’s first sponsorship of a blockchain exhibition in Germany, which showcases its commitment to the German market and its confidence in the future of crypto. As one of Europe’s top blockchain conferences, BlockChance 23 will take place in the Free and Hanseatic City of...

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