The fundraising for Hack VC's third investment fund has been very successful and exceeded expectations. The fund is now considered "oversubscribed," as it has raised over $77 million, even though it's slightly below its target of $80 million. This...
Tokenize Xchange (Tokenize), a leading digital asset exchange in Southeast Asia, has announced a strategic investment from Animoca Brands in its blockchain project, Titan Chain. This investment is seen as a major boost to Tokenize’s ecosystem, with plans to...
Indian authorities are investigating a crypto trading app called "Datameer," accused of defrauding over 700 individuals of INR 10 million (approximately $119,000), according to a local report. Sadar’s superintendent of Police and Cyber Wing head, Pankaj Kumar Rasgania, reportedly...
Hedera, a decentralised network known for its hashgraph consensus algorithm, has become a founding Premier Member of the newly launched LF Decentralised Trust, an initiative under the Linux Foundation. In a significant move, Hedera has contributed its entire source...
Bybit has obtained a provisional licence in Dubai two years after establishing its headquarters there. The crypto exchange, which is the second-largest by derivatives volume, noted in a recent press release that it has received a non-operational licence from...
Stablecoin issuer Circle has partnered with Sony Block Solutions Labs to introduce USDC to Soneium, the Japanese tech giant’s recently launched public Ethereum Layer 2 blockchain. The partnership, revealed on September 16, will see Soneium integrate Circle's Bridged USDC...
DeltaPrime, an Avalanche-based DeFi borrowing protocol, is reportedly facing a security breach that may have resulted in the loss of $5.93 million worth of cryptocurrencies from its wallets. The incident, which came to light in the early hours of...
Ryan Lee, Chief Analyst at Bitget Research, has highlighted the potential of Grayscale's newly launched XRP Trust as a stepping stone towards a future XRP exchange-traded fund (ETF). Grayscale officially introduced the Grayscale XRP Trust on September 12, offering...
This year has been quite the rollercoaster! Investors buckled up for what they thought would be another thrilling bull cycle, only to get caught in a whirlwind of hacks, scams, and staggering losses. By the end of August 2024,...
As Nigeria positions itself as a leader in technological advancement, the Algorand Foundation has become a key player in the country's blockchain development efforts. With the Nigerian government introducing the National Blockchain Policy in 2023, a framework was established...
