Blockchain financial assets have seen tremendous uptake in recent years. Institutions and individuals are now seeking practical routes to gain exposure to digital assets with minimum fuss. To date, the Japanese crypto market has been underserved, with a lack of reputable organisations offering the on-chain financial services people now require to participate in the digital…
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Ljubljana, Slovenia, June 28, 2024 — Blocksquare, a leading protocol for real-world asset (RWA) tokenization, has announced the launch of Oceanpoint v0.5, a new platform aimed at democratizing real estate investment. This update introduces Marketplace Pools, designed to facilitate community-supported and decentralized investment in tokenized real estate.
Simplifying Real Estate Investment
Oceanpoint v0.5’s Marketplace Pools…
Sofia, Bulgaria, June 27, 2024 — AdEx has introduced a revamped platform designed to bridge Web3 advertisers with the broader Web2 audience. This update brings several technological advancements, focusing on Artificial Intelligence (AI) and Zero-Knowledge (ZK) privacy protocols to enhance ad performance and user privacy.
AdEx's latest platform offers several significant improvements for advertisers. Campaign…
June 27, 2024 — Fenix Finance has successfully closed a $300,000 seed funding round led by Layer 3 protocol Orbs. This funding will support the development of Fenix’s unified trading and liquidity marketplace on the Blast network.
Orbs' investment strengthens its existing partnership with Fenix, enhancing its role as a technology partner. Fenix is set…
New York, NY, June 26th, 2024 — Sonic, the new gaming Layer-2 infrastructure on Solana, has reported over 100,000 unique wallets and more than 17 million transactions within the first week of its Sonic Testnet Odyssey launch.
This development highlights the interest in Sonic, the first atomic SVM Layer-2 designed for gaming on the Solana…
Kinetix, the AI-powered DeFi hub, is making significant waves in the cryptocurrency space. After a year of launching state-of-the-art platforms and securing high-profile DeFi partnerships, Kinetix recently announced the forthcoming launch of its native token, KAI. The project's Initial Decentralized Offering (IDO) has already seen massive interest and is set to conclude on June 18,…
Despite viral success stories like WIF and DOGE, venture capitalists remain hesitant to deploy capital into assets lacking fundamental revenue models.
Key Takeaways:
Institutional Hesitancy: Major funds like KuCoin Ventures avoid direct meme coin investment, preferring infrastructure plays or secondary market liquid funds.
Structural Mismatch: The "fair launch" nature of meme tokens denies VCs the…
Revolutionizing Blockchain Interoperability: Union Labs Partners with Polygon to Connect with Cosmos
DOVER, DE—April 18th, 2024—In a significant move for blockchain technology, Union Labs announces its upcoming integration with the AggLayer, an innovative decentralized service designed by Polygon Labs. This collaboration is set to enhance the interoperability between the vast ecosystems of Polygon and Cosmos, facilitating a seamless flow of liquidity and unlocking new possibilities for both…
As we step into the second quarter of 2024, KuCoin has already marked its position as a leader in the cryptocurrency exchange landscape with outstanding growth figures from the first quarter. The global exchange reported a staggering 121.85% increase in spot trading volume, led predominantly by the MENA region with a 263.91% surge. This period…
According to CoinGecko’s 2024 Q1 Crypto Industry Report, the cryptocurrency market saw substantial growth, with Bitcoin reaching a new all-time high of $73,098. This surge followed the U.S. approval of several spot Bitcoin ETFs, which now collectively manage over $55.1 billion in assets. Despite experiencing a mid-quarter correction, Bitcoin demonstrated remarkable resilience, quickly rebounding to…
