Crypto news

[PRESS RELEASE – Tokyo, Japan, March 27th, 2024] Funds from the Pre-Series A round led by Dragonfly will further develop MyShell’s open-source models and agent platform for empowering AI creators MyShell, a decentralized AI consumer layer, announced today that it has raised US$11 million in a Pre-Series A round, with participation from a cohort of high-profile investors, including Dragonfly, Delphi Ventures, Bankless Ventures, Maven11 Capital, Nascent, Nomad Capital, OKX...

[PRESS RELEASE – Lugano, Switzerland, March 27th, 2024] 7 Digital Labs, the Swiss gaming studio that owns and produces BloodLoop, announced today that it has raised $4 million in seed funding. The company, which has been in the industry for over three years, is producing a free-to-play hero shooter integrated into the web3 gaming world. BloodLoop – the company’s first product – is poised to immediately establish itself at the forefront of the next-generation hero shooter...

[PRESS RELEASE – George Town, Grand Cayman, March 27th, 2024] Zircuit, a fully EVM-compatible ZK rollup with parallelized circuits and AI-enabled security, today launched its Build to Earn program to incentivize builders, founders, and community members who contribute to the Zircuit ecosystem. Backed by Pantera Capital, Dragonfly Capital, and Maelstrom, Zircuit currently has over $800M staked. Zircuit is a playground for new applications and open experimentation, and projects...

[PRESS RELEASE – UAE, UAE, March 27th, 2024] XCAD Network – a tokenisation platform for YouTubers to connect and reward their viewers with crypto tokens – today announced it has signed MOUs (Memorandum of Understanding) with multiple governments to expand incentivised Web3 education to millions of people across the globe. By securing the support of several governments, XCAD aims to bridge the gap between Web2 and Web3, and enable more people to partake in the Web3 Space. XCAD...

Metaverse has gained tremendous traction over the past couple of years, grabbing the attention of large companies across the world. But Ethereum co-founder, Vitalik Buterin, believes the concept of the Metaverse is still “poorly defined” and needs to have several elements to make it meaningful. Dissecting Metaverse During a Q&A session while speaking at the BUIDL Asia conference in Seoul, Buterin pointed out a common misconception in associating the Metaverse solely with...

CoinspeakerUS Court Rules Coinbase Must Face SEC’s Lawsuit Despite rejecting most of Coinbase's attempts to dismiss the entire case, the judge found the SEC's arguments insufficient in proving that the company functions as a 'broker' by providing Wallet to customers.  US Court Rules Coinbase Must Face SEC’s Lawsuit

CoinspeakerAerodrome Propels Coinbase’s Base Layer 2 Network to $1 Billion TVL Milestone Aerodrome, a decentralized exchange, was instrumental in helping Coinbase's Base Layer 2 network cross $1 billion in Total Value Locked (TVL), marking an enormous milestone for the network. Aerodrome Propels Coinbase’s Base Layer 2 Network to $1 Billion TVL Milestone

CoinspeakerBitcoin ETF Success in US Sparks Debate among Japan’s Crypto Exchanges US's success with Bitcoin ETFs challenges Japan's stricter regulations on crypto investment products. Bitcoin ETF Success in US Sparks Debate among Japan’s Crypto Exchanges

CoinspeakerVeChain (VET) Joins Tokenization Scene with MaaS Launch The debut of VeChain's MaaS platform has aroused debate regarding the potential influence on the price of VET, in addition to its technological improvements. VeChain (VET) Joins Tokenization Scene with MaaS Launch

[PRESS RELEASE – Grand Cayman, Cayman Islands, March 27th, 2024] Sui, the Layer 1 blockchain that offers industry-leading performance and infinite scaling, proudly announced a landmark collaboration with Revolut, a leading global fintech with over 40 million customers worldwide. The strategic partnership will bolster awareness and adoption of blockchain technology among Revolut’s expansive user base while opening new avenues for Sui’s growth, particularly across Europe....