Zeus Network has announced the launch of ZeusNode, its core infrastructure powered by the Solana Virtual Machine (SVM). Notably, this move aims to streamline Bitcoin (BTC) liquidity integration into Solana’s blockchain, with the network’s first epoch already underway. To clarify, the ZeusNode infrastructure is built around a Guardian program, featuring two classes of validators: Guardians…
GAIB, a platform focused on creating financial infrastructure for artificial intelligence (AI) computing, announced the successful completion of its $5 million pre-seed funding round. Notably, the round was co-led by Hack VC, Faction, and Hashed, with participation from prominent investors such as Spartan, CMCC, L2IV, Animoca Brands, and IDG Capital, alongside other strategic backers and…
Union, a cross-chain zero-knowledge settlement layer, has raised $12 million in Series A funding, the company announced on November 19, 2024. The funding round, led by Gumi Cryptos Capital and Longhash Ventures, brings the startup's total fundraising to $16 million. The investment will support Union's mission to reduce blockchain fragmentation by enabling secure, trustless asset…
Zug, Switzerland, November 28, 2024 — CV Labs, the innovation hub of blockchain-focused venture capital firm CV VC, has announced the completion of its Batch 07 Acceleration Program. Notably, the program, aimed at fostering pre-seed startups at the intersection of Web3, artificial intelligence (AI), and deep tech, showcased nine emerging companies from around the globe.…
DUBAI, United Arab Emirates — Bybit bbSOL, the exchange's Solana liquid staking token, launched a $1.2 million gaming campaign on November 28, 2024, marking the platform's sixth anniversary celebration. The six-week campaign, running until January 6, 2025, introduces an interactive system where users can build and transform their bbSOL tokens. The token has accumulated $100…
ZURICH, Switzerland—November 27, 2024—Margarita Finance, a Solana-based platform for structured investment products, has raised $1 million in pre-seed funding to bring the $7 trillion structured products market onchain. Notably, the funding round was led by early-stage venture firms such as Tomahawk VC and Outrun Ventures, alongside Swiss-based family office N & V Capital and market…
The cryptocurrency market is experiencing a significant rally following Donald Trump’s recent U.S. presidential election victory. Significantly, Bitcoin (BTC), the largest cryptocurrency by market capitalization, is trading just shy of the highly anticipated $100,000 mark, a milestone that has been speculated upon since 2021. Notably, the bullish momentum, catalyzed by optimism around potential deregulation, has…
Warsaw, Poland, and Abu Dhabi, UAE, November 26, 2024 – Fintech startup IN1 has officially launched its innovative platform for unified financial management, available to users in over 35 countries. Notably, the platform aims to simplify the management of both fiat and cryptocurrencies, offering seamless integration across financial services. Accordingly, the launch includes introducing IN1's…
November 26, 2024 – Binance, the global blockchain powerhouse and largest cryptocurrency exchange by trading volume, has unveiled BFUSD, the first reward-bearing margin asset issued by a crypto exchange. Notably, this offering is designed to provide passive returns for users holding BFUSD and enhanced rewards for those actively trading USDⓈ-M Futures while holding the asset.…
London, United Kingdom – November 21, 2024 – BOB (“Build on Bitcoin”), a hybrid Layer-2 platform bridging Bitcoin and Ethereum, has announced integrations with Pell, Xverse, and Dynamic to simplify Bitcoin (BTC) staking. This initiative, aimed at over 5 million users, introduces 1-click BTC staking and expands access to decentralized finance (DeFi) for BTC holders,…